i believe so what is the concern about costco? can you spell that out? yeah, kind of starting starting off when you go to 7, costco is not like a marriage or it is a completely different kind of entity as one of these big centrally and trying to stay don't enterprises. and these, these are meant to achieve strategic goals for aging, rather than to achieve the fiduciary responsibility that companies like merck lloyd are kind of beholden to so cost it doesn't behave based on market dynamics the way that other shipping companies would. so starting from that perspective, the costco is an arm of beijing and part of its tool kit to achieve the strategic goals. i look at the idea of increasing reliance on costco and increasing reliance on trying to stay on enterprises shipping, but also cheryl shipping perspective in a shareholder perspective in critical and for infrastructure. quite concerning right after we've had another authoritarian governments in russia. exploding its position is as kind of a critical provider. but furthermore, when we look at costco, we

understand that costco is not like america. it is a completely different kind of entity as one of these big centrally and trying to stay don't enterprises. and these, these are meant to achieve strategic goals for aging, rather than to achieve the fiduciary responsibility that the company of like mercy lloyd are kind of beholden to. so cost that doesn't behave based on market dynamics the way this other shipping companies would. so starting from that perspective, the cascode is an arm of bay jang, and part of its tool kit to achieve strategic goals. i look at the idea of increasing reliance on costco and increasing reliance on trying to stay on enterprises. but this shipping, but also cheryl shipping perspective in a shareholder perspective, it's critical for infrastructure quite concerning right after we've had another authoritarian governments in russia exploding its position is as kind of a critical provider. but furthermore, when we look at costco, we need to just not think of pasco as, as one entity. it is owned by the ent

the chinese giant costco will now be allowed to buy a stake in the port of hamburg. it's a controversial deal that's going ahead despite loud cause for it not to buy the concerns of becoming more dependent on china, germany's top trading partner. so that led to a compromise elating cause co by a smaller stake day. and it had initially wanted the w political correspondent emanuel shars, joins us now from our parliamentary studios. emma, hi there. could you flesh out the details of this hamburg deal for us? well jerry, you've mentioned that this is a compromise initially. costco wanted to acquire a 35 percent stake in the operator of germany's biggest container terminal in hamburg. but the chancellor's cabinet has now agreed to a deal on a smaller stake and less than 25 percent due to a growing concerns over the consequences of such a deal, such as increasing germany's dependency towards china. but also out of security concerns with china, china's agents are presence in yet another huge and strategic harbor basing does expand its political and military interest because

because costco is a state owned company, it abides by beijing's rule. and in doing so, it can very well decide also to ship or not to ship goods. and this reminds us very much of the economy dependency germany self inflicted by striking these with russia for decades before russia's war in ukraine. and these make, it makes it very hard to sanction russia afterwards. so there are fears here, embedding that this could be a repeat. should china, for example, ever be subjected to sanctions if it broke international law? now, emma, given all that, allowing a chinese company a share in critical german infrastructure kind of being without some controversy. it has indeed created a huge controversy here in berlin and not just within the population. germany is still dealing with the consequences of its dependency towards russian energy, which it has favored over the past decades, despite warnings from all of its allies about precisely such a dependency. now, there is a political dispute within the governing coalition with both the greens and the free democrats bei

the chinese logistics giant costco has been docking here for decades. novice said to take a nearly 25 percent stake in the port. originally costco wanted a 25 percent stake, triggering a major debate among german politicians. many are concerned about china's growing economic influence. the missing we must reduce unilateral dependency is wherever possible as good that also applies to china. keegan, eva, he know the port of humboldt management on the other hand sees no harm in the deal . executives insist the new partnership will create jobs, opportunities and contribute to the economy. this, it strengthens the supply chain because we are the ones who control it. it's the killers jobs and bolsters growth and germany in deutschland. the smaller stake means costco will not have any say or retail rights in management or strategic decisions. critics of, to deal warner, china will still have access to critical infrastructure in germany because cosco estate owned in staying with this topic. earlier we spoke to yackel, gunter, an analyst at the mccarter institute for china studies in berlin, a

google ideas, the environmental series in global 3000 on d, w, and online ah, chinese ship at costco gets the green light to take a stake in the port of hamburg. but the move is controversial. splitting lawmakers, the german foreign ministry, highlighting what it called considerable risks. also on the show as fuel prices rise, europeans taking that energy supply into their own hands, staffing ups cola and wind power generators for the home. and they've long been coming. but can we get any closer to actually getting essential deliveries by drone? turns out it's not as straightforward as one thought. it's that time again, the w business. welcome. it's a decision which has split the german government, the cabinet approved a deal allowing chinese shipping from costco to by a stake in a port terminal in hamburg. in light of the recent crisis over energy dependence on russia, germany's foreign ministry express concern over what it called the considerable risks of the deal. that's right. one government arm expressing a warning over the decision of another. his what all the fuss is about ton

but he is facing criticism for a deal with chinese shipping giant costco. his cabinet allow the company to buy a steak and hamburg contain a port, so bathroom ports. now from that after rotterdam and toy chinese state company, costco has bought a steak in europe. 3rd largest port hamburg the chinese investment in one of the 4 container terminal for scale down from 35 to 24.9 percent off. the chancellor all of shows came on the fire over the deal, but many in germany are still unhappy. i know i'd say about reform, the one hand they want to become independent from russia and on the other. they're given away something so important. i think that said, this has been a favorite project of tensile all of shorts, who used to be met and pushes his own interest in not only shows his correlation partners who have warned against the deal this concern outside germany to people in brussels, but also in paris and a lot of other european members state capitols like there is, there is a lot of frustration and outrage of like, wait, what's germany doing like, why are they go

and costco is selling what it calls the largest puzzle.rman has those stories and more in today's cbs "money watch" report. >> reporter: stocks diverged thursday with a mix of economic data. some upbeat results and a disappointing earnings report from facebook's parent company, meta. the dow was up 194. nasdaq down 178. s&p 500 was down 23 points. >>> help is on the way at the internal revenue service. the bureau announced thursday that it had hired 4,000 new customer service representatives to help people get through on its jammed phone lines. the goal -- to add another 1,000 before the end of the year. the new hires are part of the irs improvement program tied to the inflation reduction act funding that was approved in august. >>> auto prices have begun to ease from their record highs with more vehicles available at dealerships. auto purchases still remain unaffordable for many with average prices still 30% to 50% above pre-pandemic levels. the average used car cost nearly $31,000 last month, and for a new car, $47,000. >>> and costco is

screws basically on hamburg because boards in and verb reports and rotterdam are so partly owned and costco. good. just go there. so, you know, they're saying basically, they're black mailing hamburg here for this investment. no, i do say level playing field in terms of the ports you have mentioned because they have already received capital from costco and therefore receiving our safeguarding their access to the chinese market among better. if we don't think that a minority stake like this will lead us to a position where we could be blackmailed by china and fog of this week, sir. meeting of the communist party in china saw a leader dejan ping holding onto a 0 covert strategy. putting the emphasis on military spending and its willingness, the countries willingness to quote mister she here unite taiwan with china. now that all sounds bad for business to be blind here, how much will and how much should german companies rely on china in the future? there is mutual dependency between china and the west in general. and not only when it comes to german companies together with the united states eu

i bought bj's wholesale which i would call like a mini costco. and their sales are up 20%, their net income is up 27% they continue to have that membership model they're opening 11 new stores throughout this year and i think like costco that membership model they offer tremendous value and have a lot of brand loyalty i thought it has good multiple, good growth story and has exposure very different from big growth tech in a sector that is growing and can give me that costco-type story and loyalty at a cheaper -- much cheaper multiple than costco >> worried at all about inflation impacting it i haven't been to bj's in a while but you've got to pay for those memberships up front worried about their ability to have people resign >> no, their membership fee increased 11% year over year costco is not expensive as a one time fee and neither is bj, but also they're able to buy in bulk and continue to give value as people are looking to save more and have a good experience, that bj's continues to offer that to consumers. >> it's been a while may need to r

a chinese firm costco is still pushing to snap up a large steak in the port of hamburg or law schultz pushed to come to an agreement . the german chancellor, despite criticism of german economic dependence on foreign powers. now german media is reporting a compromise has been reached. it may be able to buy a smaller share in the port, but worries over the deal remain. the port of hamburg is germany's largest and a gateway to the world. the chinese shipping company. costco has long been active in hamburg, but now the state run firm is eager to take a stake in the port critics warren china could gain access to critical infrastructure and germany dependents could grow. german chancellor, ala schultz disagrees, get mixed. this isn't about selling a port in a program or p rayas. it's got most, it's about a share of a steak and the terminal. and which is also the case in some other west european court. susan, have often it's about one of many, very large ports, few and vehicles and happens. china wants to take a steak and the toler or container terminal, where ships from china have been pro

we believe consumers switched over to costco during the pandemic and they haven't seen losses thereery disappointed in adding new stores the biggest concern for us heading into the holiday season is best buy. we bought this earlier in the year the good thing about best buy, they know how to deal with technological issues in terms of products, management and inventory. the problem here, this definitely has say headwind. so there's not a lot of excitement in the discretion another space right now so being very thoughtful about where we take our exposure is going to continue into next year. >> question, i think you used the word, almost a four-letter word in retail right now -- inventory. are you worried that all of these businesses have too much invont tore. i just got an email from nike advertising discounts. i'm sorry, shannon, i was talking to you >> yeah, i mean, sorry, i thought you might be yeah no, the inventory management is the number one challenge, right. we saw this at target, we saw this at walmart. every single retailer that you own, you should be looking very specificall

we haven't heard anything from costco during this whole debate. the german government says that it's been in discussions with them throughout, you know, there was some speculation that has been speculation that if cosco doesn't like the outcome of this review of that, it could threaten to take business elsewhere. it's hard to say to what extent that's true, you know, we'll find that same capacity in rotterdam or ange, where it, what it has in hamburg right now. it's hard to say at the same time, you know, we have to remember that chinese companies, they often also take a long view when it comes to investment in foreign companies. they begin with smaller stakes and then they work their way up. we've seen that time and time again . so it's hard to imagine that they won't be willing to accept this and not just in germany, of course, all around the globe. we have been seeing in our chinese companies buying up and crucial infrastructure, we have to say. so the debate over european and business and german business ties also more broadly speaking, isn't

last night we received the terrific september sales numbers from costco. and they haven't rolled back prices yet they're just asking their suppliers to lower what they charge to reflect lower commodity costs. costco is an inflation fighter we want people to shop there because of how much they can save on food when they get the suppliers down they will take their prices down too. will the fed include that in its thinking nah. that's too, as we say it in the business, too granular we also own costco for the travel trust because its sales are so much better than everyone else's and they're great at taking market share because of their low prices but the federal reserve doesn't acknowledge the role of any single chain even if that chain happens to have 119 million card holders, most of them from the u.s. again, we want costco to do well and we want the fed to notice that they're helping in the fight against inflation. we don't want them to look at the other guys who are doing well too if they are doing well. but the fed doesn't think like that nor can the fed

and then in richmond, the costco is down to $5.19. a note for costcos around the bay they're all about $5.20 or $5.25. i skipped over that. otherwise the whole report would be costcos to be honest. the roadway is mostly green. that's good stuff. a smooth flow of traffic. no major surprises out of the altamont pass. down to pleasanton, 680 showing more slowing than we expect. i'll check on exactly what's going on and hopefully find something new coming up. back to you. >> thank you, mike. >>> it is 5:12. a warning for shoppers with the holidays approaching. when it comes to shipping costs, your returns may start costing you. coming up on "today in the bay," the new reality for retailers being passed on to consumers and what experts say to be on the lookout for. >>> and a happy day. new hope for people with hearing loss. we'll tell you all about it coming up in business news. >>> and twice the surprise after the break the meant-to-be moment a mother of two had while delivering her twins at the hospital. you are watching "toy in the you

lauren is with me and i want to see costco 2%, huge gain.auren: another strong month of growth, shoppers spending money on groceries looking for the deal costco offers, and and and that is an enormous savings, they will not have to. they have that power. >> dr barton said go out and buy costco and some people did. krispy kreme up three straight days but krispy kreme is coming to -- lauren: will the french take a krispy kreme doughnut? that is a poor choice. i don't know. look at krispy kreme, that is the reason, they have this international expansion, france will be a big part of annette have 2000 locations. stuart: 2000? >> can't define long-term. stuart: compass real estate firm i do declare up 11%. %. lauren: a report they are looking to take it private. stuart: that will do it every time. this protester after storming the field during a football game, the guy fired a police report against the player who tackled him, he might even sue. squad member cory bush says abortion will dr. democrats to vote and when in the midterms. >> we are seei

say that, you know, it caught a costco is the 4th largest contain shipping company in the world. it's hugely important customer for handle. this will secure jobs. and so they, they say, you know, it's right to, to find a deal if, if one can be found in the chancellor is being advised as i'm, as we understand it from all corners to kill this deal. yet he remains unbending in this it's reminding us of another chancellor by the name of angela miracle, who also ignored advice to kill a project known as the nord stream to pipeline. now obviously these are 2 very different situations, but it does have a deja vu quality to it, doesn't it? well yeah i all the shows has got himself an enormous amount of bozo within his own a coalition. the other 2 parties in the east government said the grains in the free democrats, they wanted to stop this deal altogether. in particular, the economy minister of it all back has been warning exactly about that at the danger of a excessive dependency on the a foreign country. and similar to the, the problems that we've seen with the dependency on russian en

i think we're going to see costco as one of the chief beneficiaries.t investors, i get real worried when a stock goes straight up. and i'm thinking about buying it after it's gone straight up. i always think it can't go any higher than this, i'm not going to buy this. i'm just like everybody else, aren't i? >> well, i think a lot of people are like that, stuart. fortunately or unfortunately, costco has had one of those little pullbacks that i'd love for you to jump into right here. it's been quite a bit higher earlier in the year, so i think this is the pullback we may have been waiting for to jump in. stuart: only time will tell. i just said it. d.r., thank you very much, sir. i'm sure we'll see you again soon. you see them clapping on both sides of the screen, that's the approach of the opening bell. we're almost there. they're ringing the bell, and in 5 seconds trading will begin. we're expecting some red ink at the beginning. no idea how the market closes, of course. these are volatile times. but there we go, the dow has opened. we're after off, we

costco claims because they know consumers want this -- i would dare anyone to look at just station crates and say that is freedom. kristen: is smithfield being an outlier here or was this still industry practice? >> i would say the industry practices are fairly standard across the board. whether you looking at a product from whole foods, every time we go in these factory farms we see about the same thing. the outlier is chef feels power over our legal system and these kind of resources. kristen: wayne, you are a lawyer , you defended yourself, which is rather unusual. i've got to ask you, why did you take this risk, you could lose your license to practice. why do this? wayne: have come after my license and tried to disbar me. to me, is just about the fact that we have to do something. my parents came to this country with $80 in their pocket and nothing to their name. it's because of the opportunities they had given to them that we survived and they've given me the life they had dreamed of. when you have some degree of privilege and you have resources , it's beholden to those of those who

a car hit a woman in a costco g costco parking lot on automatio. she is expected to survive. this follows a deadly crash near the san jose municipal golf course at 7:45 last night. an elderly woman crossing the road outside outside the crosswalk was hit, and she was killed. the drivers in both cases are cooperating. > >> well still ahead tonight, are we paying a mystery surcharge for gas? a uc berkeley expert tells us why california is so vulnerable with the steep gas price hikes. > >> flu season getting an early . the california high school withs with hundreds of students sick.s fueling life is busy. so, come to shell and get three things done at once. first, fill up with shell v-power nitro+ to help keep your engine running like new. nice! then save up with the fuel rewards program and never pay full price for gas again. oh wow! and, finally, snack up to save even more at the pump. that's great! make the most of the stop you need to make with shell. wait! there's three of me? awesome! > >> tonight, north carolina offis carolina officers are trying to figure out why a 15-yea

a car hit a woman in a costco g costco parking lot on automatio. she is expected to survive. this follows a deadly crash near the san jose municipal golf course at 7:45 last night. an elderly woman crossing the road outside outside the crosswalk was hit, and she was killed. the drivers in both cases are cooperating. > >> well still ahead tonight, are we paying a mystery surcharge for gas? a uc berkeley expert tells us why california is so vulnerable with the steep gas price hikes. > >> flu season getting an early . the california high school withs with hundreds of students sick.s fueling prop 27 sends 90% of profits from online sports betting to out-of-state corporations in places like new york and boston. no wonder it's so popular... out there. yeah! i can't believe those idiots are going to fall for this. 90%! hey mark, did you know california is sending us all their money? suckers. -those idiots! [ laughter ] imagine that, a whole state made up of suckers. vote no on 27. it's a terrible deal for california. we win. you lose. cotton candy. pink lemonade. bubble gum. when to

while the controversy over the costco deal has yet to come down, step france and al jazeera hamburg ah, on it's time for sports beers, here is joe with the lasers in the world cup. from thanks very much will there are 20 days to go and well cut bound. gonna start. thomas policy has helped fire. also back to the top of the english premier league, he scored the pick of the goals as the gun as hammered. balsam side. nothing and forest 5 mill, also a 2 points clear at the southern table party and has gone a teammates begin. they woke up campaign against portugal. on november, the 24th marcus brushwood sent a timely reminder to england coach. karen sank kate the head of his final squad. selection for cattle is school the only go as much as seen on to beat west ham at old trafford. it was russia, it's $100.00. so the club, a big things are expected from brazil, vinicius junior in cats, are the round madrid forward school, his 6 spanish only go off the season in a one will draw again, sharona me for the game also. so the 1st career red card for formal, well cut when attorney cruise, an injury

they haven't call me for my opinion >> let's get your opinion on a couple of stocks, starting with costco1% today, but still trying to eke out a gain for the week. you say it benefits from nearly all angles went inflation surges >> yeah. this is where you go when you want to buy things at a relatively cheaper price because costco sells cheap stuff. and most importantly, cheap gas, or at least, cheaper gas and the great thing about costco is they manage to benefit from inflation going up, because they still do increase their prices they just keep them just below the competition, making them the go-to buy. so they capture that demand as people's wallets get crimped >> let's move on to lowe's we just had a guest on who said that some of the housing spending or housing-related spending seems to be coming off the boil lowe's down more than 1% today, positive for the week. you say, even as that home improvement boom does slow, folks will always need to buy something from lowe's. >> absolutely. i mean, i think this is one of those -- lowe's is actually, you know, done -- not terribly, which is i

back in the market in general we're trying to pick our spots. >> you picked them in retail, too, costcond target >> so target is just really cheap. you know, we're giving them the benefit of that the doubt that they can really turn this around and clear this inventory you know, costco we like the defensive nature it's not cheap, obviously, but they're a subscription sort of business and recurring revenue >> yeah, visa, you bought it before the earnings report >> yeah, we bought visa. generally we think the consumer's strong. we're trying to increase our financials exposure. visa obviously had a great quarter. again, not a super cheap stock but has participating in the downdraft of everybody else and we think has a nice moat around it, you know, with its competitors, and if i look in where i want to be in, quote, the fin tech world visa is certainly the place. >> you trimmed regeneron and are we talking about profit taking in two areas >> regeneron got to be the largest position in our portfolio, and we just trimmed it we're really -- it did close some of the valuation gaps it had with o

costco this morning. morgan stanley white space under appreciated. line market is healthy initial signs of disinflation. good warehouse expansion david, we could be on the verge of what we all like is costco. fee hike and special dividend. it could all be right there for us for those who want to own costco right there. >> okay. it's right there >> yeah. i am saying that's a good news story. >> the stock is down less than the broader market this year >> i tried to come up with something that i thought objectively was a good story to buy. that is what i was interested in trying to come up with anything that was a new thesis that has never been tried before. i wanted something tried and true costco is the one. >> okay. >> great cfo >> in this market, it does seem as though there is rotation particularly today we had let's call it not a great week for mega cap tech >> you got that part right >> i don't know if you can consider meta mega cap meta and amazon and alphabet and microsoft and apple is a bright spot the rotation into energy names exxon and chev

>> but costco in florida. maybe the costco in florida, like you said. so best of both worlds. but >> i'm kind of hoping there's no zombie apocalypse anytime soon. don't know about you. i know. let's keep that away from us, yeah, absolutely. but coming up today on live in the bay. >> halloween is here and there will be so much fun happening for both adults and kids at the halloween fest on 4th street. we have your preview of the halloween day event. >> and the t-shirt buddy stopped by to share how he turned his online business into so much more than just >> then i got to with san jose. but just a night when they came in studio to share their love dance and music. >> and of course, we're getting in the spirit of halloween looking back at just christ. the summoning immersive experience. there's so much happening today on ve

and the largest seller of grocery by volume and kroger second largest and albertson fourth behind costcond this environment with food inflation surging up 11% from a year ago and just in september, you need size, pricing power and margins and profit so this combination makes sense for everybody. ashley: okay, take a look at netflix and talking about this with mark maheny and netflix adding new supported tear and stock up half a percent. how much will it cost? susan: i think it's $6.99 for ad supported tier and canada and other countries around the world and not high resolution and full $15 a month package gets you and there's a limit to library and i saw the selection, it's a lot that you can watch, especially the netflix, the netflix proprietary series like stranger things and 4 to 5 minutes of commercials per hour and not a whole lot. the speed of introduction was shocking to everybody and took seven months to make this introduction and ahead of disney's ad supported tier and expected in the first week of december. disney+ charging $7.99 for ad supported tier and jp morgan saying netfl

recibieron esta mañana otro llamado de emergencia involucrando a un peatón en el estacionamiento de costcoa colaborar con las autoridades. ayer en san josé en menos de 24 horas las autoridades contabilizaron desarrolla mientos. una de las víctimas murió en la escena. estuvimos en el lugar y hablamos con un joven que asegura que fue testigo de este accidente mortal. >> la policía de san josé informó el deceso de un peatón que fue impactado por un vehículo alrededor de las 7:26 de la noche. >> este joven me dice que iba camino a sucasa cuando vio una persona inmóvil tirada en el suelo las autoridades confirmaron que el conducto se mantuvo en la escena y que la víctima parece ser una mujer. >> andrew me dice que los que estaban en el auto rojo eran estudiantes de medicina porque los escuché decir que tenían que brindarle primeros auxilios a la víctima pero que ya era muy tarde es una noticia que este joven aún no puede asimilar. >> dice que es la primera vez que ve a una persona muerta y que lo traumatizado este es el accidente fatal de tránsito número 53 en lo que va del año y la víctima núm

ever for your insights. german chancellor, olaf. charlotte has defended plans that would see china costco shipping group, acquiring a steak and a container terminal in the port of hamburg. speaking to the valid newspaper, he said, such a purchase was quote, nothing unusual. among those opposed to the plan is economy minister will but high back who says the move would increase the german dependence on china and potentially leave it open to blackmail? earlier we spoke to folk a tire from the association of german chambers of commerce, who made the case in favor of the deal going at when it comes to the investor. then one has to take into account that this company has invested in many other parts in europe and, and hamburg is up to now in, in a position where we say it is with disadvantage. and this is just a next step to a level playing field. and on the other hand, it guarantees are safeguards a bit more the access also to chinese markets and imparted goods to germany, which are desperately needed right now in times of terminals in the supply chains. talk at hi there. now to some of the ot

it has defended plans that would see china's costco shipping group acquiring a steak and a container terminal in the port of hamburg. speaking to the village newspaper. he said, such a purchase was quote, nothing unusual. among those opposed to the plan is economy minister will but high back who says the move would increase the german dependence on china and potentially leave it open to blackmail. earlier we spoke to folk a tire from the association of german chambers of commerce, who made the case in favor of the deal going at when it comes to the investor. then one has to take into account that this company has invested in many other parts in europe and, and hamburg is up to now in, in a position where we say it is with disadvantage. and this is just a next step to a level playing field. and on the other hand, it guarantees safeguards a bit more. the excess also to chinese markets and imparted goods to too many which are desperately needed right now in times of terminals in the supply chains. tucker, either now to some of the other global business stories making news. the 3 largest

ever for your insights. german chancellor, olaf, charlotte has defended plans that would see china costco shipping group, acquiring a steak and a container terminal in the port of hamburg speaking to the village newspaper. he said, such a purchase was quote, nothing unusual. among those opposed to the plan is economy minister will but high back who says the move would increase the german dependence on china and potentially leave it open to blackmail. earlier we spoke to folk a tire from the association of german chambers of commerce, who made the case in favor of the deal going at when it comes to the investor. then one has to take into account that this company has invested in many other parts in europe and, and hamburg is up to now in, in a position where we say it is with disadvantage. and this is just a next step to a level playing field. and on the other hand, it guarantees are safeguards a bit more the access also to chinese markets and imparted goods to termini which are desperately needed right now in terms of terminals in the supply chains. talk at hi there. now to some of the ot

if that gets you in the door at costco, and then you spend $200 on oh, that box of trail mix and makess leaders. they know exactly what they're doing. alright let's swing out here to the just outside the bay area almost at east bay, but it's just beyond here. stockton is where we're focusing because happening today. the suspected stockton serial killer is due in court to face murder charges. he will make his first court appearance this afternoon. he is accused of killing six people. five in stockton and one in oakland. ktvu is american thanas in the newsroom while we're here, actually in our studio with more details about the suspected serial killer and his criminal background, amanda well, that's right. sal now win. wesley brownlee was arrested. that was early saturday morning. police say he was searching for another victim to kill, saying he was lurking around parks and dark areas. quote out hunting. he even had a mask and a gun with him. he's accused of killing six people. five men shot in stockton one in oakland . he's also linked to a shooting in stockton, where the woman survive

. >>> speaking of shopping, are you costco shoppers? i know you are. both of us are.n unusual find. why this puzzle is getting so much buzz. and it's >>> welcome back. let's look at the money watch report. kia has issued a recall for more than 70,000 older sevs. they say the 2008 and 09 sportages have engine wiring defect that can spark fire even when not running. owners can call kia customer service to find out where to get the issue repaired. until then park the suv outside and away from other structures. >>> costco selling the world's largest jig saw puzzle. it is made of 60,000 pieces. the final product ends up being 29 feet long and 8 feet tall. it features a map of the world of different landmarks in lieu of the ocean. it will cost you $599 including shipping and handling. that's a look at your money watch headlines. where do you even do a puzzle that size? we'd have to do it in the studio. >> the whole floor. that's a lot. not something i am interested in. >>> speaking of maps, you have some going on. >> good transition. let's look at what's going on. in the ba