i like costco. it's not that i don't like costco, but i'm not sure this would be a good a good spot. i don't know if there's enough room. here's a location. prospect road at lawrence expressway in the westgate west shopping center. there's already a trader joe's market here. several other in the same plaza, and several shuttered retail outlets. costco would go. i like the idea of having a closer costco, but the traffic is the main concern that i would have. and that's the concern. the community group save west valley and the prospect high school community have the city of saratoga is also pushing for a say because the location is on its border. in the four years since the plan was proposed, costco added improvements to crosswalks and traffic flow, and another shopper told us he thinks this can work if costco can continue to work with the community, the costco here would be great. a smaller costco like like the one in almaden, right? almaden costco, i believe is great because it doesn't have the, you

you would expect a costco to be built. surrounded by other commercial properties. but when you walk around to the back of the complex, you see just how close the residential neighborhoods are. and many people here are making it clear they don't want the store here. big box stores are a mixed blessing to many people we talk to, and that's the case in west san jose, where for several years the city has been moving toward building a new costco complex to replace numerous shuttered buildings on a 20 acre site on prospect road. it will ruin their neighborhood. jeannie stevenson has lived in this neighborhood for 40 years. she's now part of a neighborhood group called save west valley, which lost its enthusiasm for the project fast. my first thought was like, wouldn't it be great just to have, you know, costco right in the neighborhood? but then you look and you go, oh, my word, what are they going to do as far as traffic? there's people's homes 100ft from the back of the building. residents on graves avenue are the most vocal s

entrance to this costco.eel like lewis and clark here. i am actually in support of this project and i'm hoping that you would actually vote for this proposal. >> still save west valley says increased traffic near a residential area. prospect high school students crossing the street and heavy traffic and the size of the store are all reasons the commission should reject costco's plan. >> i am worried for the well-being of my fellow classmates that they will be severely injured, or even killed by this unnecessary and preventable addition of a costco warehouse in an already crowded neighborhood of schools and homes. >> the planning commission voted to send the environmental impact report to city council for review, and the costco project cannot move forward without the city's approval. lamonica peters ktvu, fox two news. all right, here's a look now at some of the stories that are trending on ktvu.com. >> and a man is in custody after setting off an explosive device at the santa barbara superior court in santa m

with costco thursdays would take us to the consumer and keep in mind last week, we got help when didtco but many retailers by 50 basis point cut by the federal reserve, that being said costco is one of the extremely resilient and growth strategy doesn't lie on the laurels of the consumer base, they have international growth in the digital and what i'm looking for is a digital sales growth of 20% year-over-year i would caution investors right now, i would not jump on costco right before the earnings call, but see what their needs play out to be and what the consumer looks like right now but costco is a long-term play and they went from 71 million members to 75 million is not what we are expecting. >> they got a lot of play with the gold bars that they sold, gold is not a record, these things constantly sellout, it is creative creative marketing and creative business as charlie munger used to say he loved costco, i'm interested to know when you look at the opportunity, that revenue what revenue are you looking for? >> specifically all different aspects, costco has been resilient and up

i know you did reach out to costco and city leaders about this.re they addressing neighborhood concerns? yeah, they have been. i mean, there have been some community meetings and costco as well as the city have been making improvements or are at least planning more improvements to the streets and the sidewalk. but you're talking about a huge influx, about 11,000, according to one group, about 11,000 more daily visits into the area. you already have three major streets lawrence expressway, saratoga and prospect roads all converging in this area. there are several schools, including prospect high school, that are close by and they have students coming and going all the time. so right now that's pretty much where that goes, costco actually, though, did not comment on the project. they're saying that they don't comment on any project that's still in the planning stage, which in a sense, essentially this is. but if the city council ends up approving this and all indications are they will, this place will change radically and the neighborhood is going t

stock or costco? i mean what's going on here? dynamic, i get where they sit in terms of both the customer and the tradedown and those people that actually are helping to make the margin story better, their investment in digital. obviously, the membership is a -- annuity that is something that the analyst community loves. at some point, valuations are going to struggle here. and this may be that point. >> what do you do with the stock, dan? >> well, you know, there's a lot of folks who are saying sell walmart, buy costco. we heard that a couple times this week. and walmart has put up a consistent amount of beats over the last few weeks. so, to me, maybe it's the sort of thing where you buy walmart and sell costco here. >> walmart's had a strong run. >> yeah, i think it trades better on valuation and the like. so, to me, i don't know. i probably stick with walmart. >> now the chart. >> well, we got a couple charts, but concept accept chully, these the biggest by market cap and by sales, and this morning, we published a note, this i

the lawyers excuse or costco's denial. >> you have too much of something when costco says we don't sellcessive. just noticing hearing his lawyer talk about this with the beach behind it is so much better than anything he ever recorded. i would listen to that jam. it's insane. it's like buying a container of salt. you buy one and you have it for most of the rest of your life. >> it comes with you win you move. >> if you go to someone's house and you see that have more than two bottles of baby oil you get out. these freak office, just have a normal orji, it may be a three bottle orji. it's like a civil war reenactment. the lawyer should have remained silent. were not helping him with this. >> greg: medical question dr. drew. >> please know, where is this going. >> greg: where do you find the babies to get all the baby oil from? >> greg: why is it called baby oil? >> back in the day you put on babies. >> what is it though? >> it's just a lubricant. >> let's ask our bodies johnson & johnson over there and. >> ghb looks a lot like baby oil and it's very viscous like that. >> do you think it

i like costco. good a good spot. i don't know if there's enough room. okay, here's a location. prospect road at lawrence expressway in the westgate west shopping center. there's already a trader joe's market here. several other businesses and restaurants all in the same plaza, and several shuttered retail outlets where the proposed costco would go. i like the idea of having a closer costco, but the traffic is the main concern that i would have, and that's the concern. the community group save west valley and the prospect high school community have the city of saratoga is also pushing for a say because the location is on its border. in the four years since the plan was proposed, costco added improvements to crosswalks and traffic flow, and another shopper told us he thinks this can work if costco can continue to work with the community. the costco here would be great. a smaller costco like like the one in almaden, right? almaden costco, i believe is great because it doesn't have the, you know, the ga

costco is hoping to build its latest mega store on prospect road on the city's west side.ight they got the green light from the planning commission, but not everyone is happy with this. nbc's jocelyn moran was at city hall for tonight's vote and joins us now with the details. jocelyn. yeah. raj. there was about an hour of public comment tonight, but tonight the planning commission still voted to certify an environmental impact report, meaning the plan now goes to city council. there is a lot of concern around this project from people who live in this neighborhood. many showed up in those green save west valley t-shirts at tonight's meeting, hoping to persuade the planning commission to vote against the project. but it wasn't enough. residents and even students raised concerns revolving around the proposed location on prospect road and lawrence expressway. they don't like that it would be close in proximity to a high school, or that the traffic that this could bring to the neighborhood. costco addressed some of those concerns and presented its proposal to the planning commi

entrance to this costco. i feel like lewis and clark here. i am actually in support of this project, and i'm hoping that you would actually vote for this proposal. >> still save west valley says increased traffic near a residential area. prospect high school students crossing the street and heavy traffic and the size of the store are all reasons the commission should reject costco's plan. >> i am worried for the well-being of my fellow classmates that they will be severely injured or even killed by this unnecessary and preventable addition of a costco warehouse in an already crowded neighborhood of schools and homes. >> now, tonight, the planning commission voted to send the environmental impact report to city council for review, and costco cannot move forward with this project without the city's approval. heather. all right. >> we'll have to wait and see what city officials then do. all right, lamonica peters, thank you. lower interest rates are expected to bring relief to homebuyers. data from the real esta

costco is about to open a new store in west san jose where they hope to, but some neighbors want costco to go shopping for a different location. as we speak. the planning commission in san jose is addressing this project. costco wants to build on a 20 acre site on prospect road in the westgate west shopping center. the commission could certify the environmental report impact report on that project tonight, but the project is running into pushback. a group called save west valley says the area is already struggling with traffic and parking congestion. graves avenue is will be the main road coming in to costco as far as the trucks and everything, that's people's neighborhoods, right on the other side of the street are people's front lawns. and yeah, it's just it doesn't seem to fit with what they're trying to build over here. now, the city of san jose has not responded to our request for comment, and costco says it does not comment on projects in the proposal phase. now, if costco's eir environmental report is approved tonight, that proposal could be up for a city council vote in less tha

we know costco always draws a crowd.in wants to build a new store on prospect road and saratoga avenue and the westgate west shopping center, but the plan is getting some pushback from people who live and work nearby. now decked out in uniform bright green shirts, more than 20 people showed up at a san jose planning commission meeting last night to voice their concerns. costco's representatives say the store would be a good fit for the area, bringing in new jobs and tax revenue. but people who oppose the project say they're worried about traffic congestion. for the people who live there and go to school nearby. >> i am worried for the well-being of my fellow classmates that they will be severely injured or even killed by this unnecessary and preventable addition of a costco warehouse in an already crowded neighborhood of schools and homes. >> costco presented an environmental impact report to san jose city planners at that meeting, and company representatives say they've already made changes to address the concerns about

stuart: look at costco, nearly $900 a share. you got costco? >> no, no. i wish we'd owned costco.st several years but, obviously, consumers are looking for ways to combat that 21% increase in inflation stints this administration took office concern since this add administration took office. stuart: if i ever bought a retailer, i would buy costco. general mills reported this morning. i guess they didn't do too well, down 30 to cents. >> it wasn't great. basically, profits fell 14%, margins are under pressure. sales also were below expectations, but they're only doing somewhat okay because they're raising prices. it's offsetting the lack of demand from consumers. they did reiterate that full-year forecast, but the ceo did cite the mack if coeconomic uncertainty through the rest of the year. stuart: taylor, thank you very much, indeed. now that moment in time when mark tepper veals his stock picks. he's -- reveals his stock picks. who is steris and what do they do? >> this is a health care play, as i mentioned earlier in the hour whenever the fed starts cutting, we want to be more de

we love costco.s extraordinarily high, but a sticky membership model and maybe it's not a retailer, it's a subscription. >> quiet luxury, if you hold up your right hand, are those two cartier bracelets, those suckers are beautiful. >> not quiet, either. >> department stores, you've been cautious on, correctly. i think you just downgraded kohl's. is there any lifeline for those stores? >> we weral blooming dales today, and they have a new ceo that came from europe, and really driving retail. really good, unique problems. so, tbd. i'm hopeful. but a lot has to happen. and the degree of competition, and the ability to get gucci everywhere is something to watch. so, we'll see. hopefully. there's a lot of initiatives in place, but i'm totally fine being on the sidelines. >> how are you forecasting christmas? holiday spend, i should say? >> well, thankfully, we had a pretty decent back to school. that usually correlates pretty well with holiday. and it's a gift-giving season, but winners and losers. for ex

>>we did reach out to costco for a comment this morning and are still waiting to hear back. that's a very latest here in san jose. i'm michael thomas. i'll send it back to you live. in any newscast. there is no shortage of violence on our streets in our schools, our homes. >>kron four's vicki liviakis is taking us to the future courage museum in san francisco where they honored people who faced violence and fear with courage. you might make me hurt. you might get the pain that you're not gonna break the spirit. >>it's first of its kind live here in san francisco's presidio museum devoted to courage. all of the people that are featured in the museum. incredible stories of resilience tenacity and strength billed as a night of courage. hundreds are here to hear stories of bravery and inspiration from survivors of school violence, domestic violence discrimination for a lot of people here tonight who have been. a very courageous special guest warriors head coach steve kerr honored for speaking out about gun violence crew's own father was shot and killed overseas. my father's deat

don't blame costco for this. [ laughter ] i know costco.ostco's a very good friend of mine. [ laughter ] i've been a costco member since 1992 when it was price club. i know every item they have at costco. the first thing i thought when i saw that clinical was, costco doesn't have baby oil. [ laughter ] then i went on costco.com, i looked it up, they don't have it in the store, they don't sell it online. you know why? because no one has 25 babies to oil. [ laughter ] costco doesn't carry baby oil for the same reason they don't carry bolt cutters. unless you're up to no good, you only need one. [ laughter ] for the record, the only oils costco sells -- i looked it up -- canola, vegetable, corn, avoc avocado, olive, coconut, and motor. right? >> guillermo: that's right, jimmy. >> jimmy: that's right, thank you very much. [ cheers and applause ] i'm glad we cleared that up. and one more thing before we forge ahead. it's thursday night, which means it's time to bleep and blur the big tv moments of the week. it's time for "this week in unnecessar

. >> a new costco, this proposed new costco location is in a small parking lot shared with the trader. joe's right off prospect road and on the border of santas and saratoga. if its approved 3 empty buildings are going to be knocked down to make way for the big costco. the mega store says they'd add to a sound wall to reduce noise, give a million dollars towards pedestrian safety. and the city says more sidewalks would be added and roads nearby would be widened by 4 to 8 feet. still. many folks, they're arguing the traffic safety concerns as well that area sits near schools and homes on graves avenue. we're kids walk daily. it's crazy parking. that prospect high. >> it makes tricky for them. i just, you know, i don't see it just with the head too to be here any will not be costco. >> costco says that the store would bring 250 to 300 jobs to san jose and hopes to have full approval soon regardless of what their possible new neighbors might have to say. >> coming up, a proposal to lower prices at the pump for hear from lawmakers about how they actually make it happen. plus, this is bad.

costco. this proposed new costco location is in a small parking lot shared with a trader joe's off prospect road at the corner of san jose and saratoga. now, if it's approved 3 empty buildings are going to be knocked down to make way for this. costco. the mega store says that they had a sound wall to reduce noise, give a million dollars towards pedestrian safety and the city says more sidewalks would be added and roads nearby would be widened by 4 to 8 feet. still. many argue the traffic safety concerns as the area sits near schools and homes on graves avenue where kids. daily. it's crazy parking. that prospect high. >> it makes tricky for them. i just, you know, i don't see it just with the head too to be here any will not be cars. >> costco says that the store would bring some 250 to 300 jobs to san jose and hopes to have full approval soon. regardless of what their possible new neighbors might have to say about it. >> governor newsom's special legislative session on oil and gas is moving r

costco ya ha cambiado aspectos de su plan para complacer a los oponentes.nsejo municipal lo discutirá en octubre en san josé sánchez. telemundo california. nos vamos ahora a una breve pausa, pero al regresar una nueva ley firmada por el gobernador de california, busca darle mayor acceso a vivienda a los trabajadores del campo. bueno, y una banda frontal se acerca a nuestra zona y trae un leve descenso en las temperaturas, pero otra ronda de temperaturas altas se acerca para el fin de semana. los detalles luego de la pausa. y recuerde que puede tener toda la información actualizada al momento que sucede solamente en la palma de su mano. tiene que descargar nuestras aplicaciones de celular para recibir la información. puede ser telemundo 48 en el área de la bahía. telemundo 33 en sacramento o telemundo 51 en fresno le cuento que el juzgado de santa maría está cerrado. el miércoles debido a una explosión reportada según lo informó la oficina de los alguaciles del condado de santa bárbara para las 9 25 de la mañana. el área aún se considera insegura. la policía

i mean, i think people who are costco fans like that father and son are costco fans, right?and did not see a decline in membership. that's of course the walmart version. >> that raises the question, costco goes one way, so go every other big box retailer? >> there's a whole bunch of different things out there. amazon prime is $119 a year. subscribe and save, trying to compete there. walmart has a walmart plus membership that's 98 bucks. and they have special half price membership for college kids. which is pretty interesting. so, look at that one. and then target has one at 99. you can see a lot of different -- a lot of different retailers are looking at the costco model and saying, maybe we can give better deals, but if you pay a membership fee. so i think this subscription membership model is something that a lot of other big box retailers are going to keep doing. >> their not raising the price on the hot dogs, are they? >> no. but you know, they might check your card before you go in because they are starting to crack down on people who are not members coming in to get th

but despite their concerns about the city planning commission still move costco on to the next steps of meeting with city council. and if that gets approved with these buildings behind me would be knocked down and one huge wholesale store would be put in. this proposed costco location is in a small parking lot that's shared with the trader joe's off a prospect road and border san jose and saratoga. >> it sits near schools and homes on graves avenue where kids walk daily and dorothy angus, who lives nearby says that's why it's a problem. it's crazy parking. that prospect high >> it makes tricky for the plan is to demolish 3 buildings to replace them with one giant costco revamping the entire parking lot as well. the mega store says state at a sound wall to reduce noise, give a million dollars towards pedestrian safety in the city says more sidewalks will be added and roadways nearby would be widened by 48 feet. but neighbors say it's still not enough. that sounds like a lot sound and dance. >> i just, you know, and don't see it just with the head too to be here. if you any will not be

but despite their concerns about the city planning commission still move costco on to the next stepsmeeting with city council. and if that gets approved, will these buildings behind me would be knocked down and one huge wholesale store would be put in. this proposed costco location is in a small parking lot that shared with the trader joe's off a prospect road and border san jose and saratoga. >> it sits near schools and homes on graves avenue where kids walk daily. dorothy angus, who lives nearby says that's why it's a problem. it's crazy that prospect high. >> it makes tricky for the plan is to demolish 3 buildings to replace them with one giant costco revamping the entire parking lot as well. the mega store says state at a sound wall to reduce noise, give a million dollars towards pedestrian safety in the city says more sidewalks will be added and roadways nearby would be widened by 48 feet. but neighbors say it's still not enough. that sounds like a lot sound and dance. i just, you know, >> and don't see just with the head to to be here in need any will not be. >> costco says the

costco came out with numbers. what are you saying the analysts got wrong that's sending the stock lower? >> well here is the thing right? costco is one of the things trade the news or trade the reality and the reality situation is i'm not sure they were looking at the same report i was because i saw sales up and earnings up in the billions of dollars but the key takeaway here is they didn't even glance at this. 50% of the new memberships that costco is selling is to under 40 age consumers that suggests to me there is another group of costco in the blooming that could power this thing for decades to come. the fact that it's down today is purely technical move and an opportunity. liz: tom will steal that is you guys will be even here. what's your counter to that, tom? how do you feel about the us economy? we do obviously see that inflation is moderating, continuing to moderate although the core year-over-year pce 2.7 while it matched it's still hotter than a year ago. >> it's goldilocks. things look good. the only t

but despite their concerns about the city planning commission still move costco on to the next stepsing with city council. and if that gets approved, will these buildings behind me would be knocked down and one huge wholesale store would be put in. this proposed costco location is in a small parking lot that shared with the trader joe's off a prospect road and border san jose and saratoga. >> it sits near schools and homes on graves avenue where kids walk daily. dorothy angus, who lives nearby says that's why it's a problem. it's crazy parking. that prospect high. >> it makes tricky for the plan is to demolish 3 buildings to replace them with one giant costco revamping the entire parking lot as well. the mega store says state at a sound wall to reduce noise, give a million dollars towards pedestrian safety in the city says more sidewalks will be added and roadways nearby would be widened by 48 feet. but neighbors say it's still not enough. that sounds like a lot sound and dance. i just, you know, >> and don't see just with the head too to be here in need any will not be. >> costco sa

christine, i think a lot of people love costco because of the potential to save big time, right, buyk, you might save some money. with this increase in fees, are you saving? >> we know that buying in bulk you save, especially for household things like at the pr the first in seven years, and deep discounts for gas and deep discounts for travel. there are lot of perks that come with this. sam's club, it's $50 and $110 for its premium, but there's an introductory off of $25 for brand-new members. costco, raising prices here but knows it has a very, very loyal fan base. >> but seven years in no price increase on the fees? >> yeah, the food at the front of their stores, they never raise the prices there, the pizza and hot dogs have been the same as long as i can remember. they also do a lot of food tasting and giveaways inside the store and all that costs more as well. the bulk of costco's revenue comes from what you buy in the store, not necessarily the membership, and that's a small piece of the puzzle but it has been static over. >> you talk about loyalty and how loyal costco shoppers

costco reports next week. >> i expect -- listen when costco sells off earnings it typically is three or four days later making a new all-time high again. if our crack staff can put up a chart you'll see what i'm talking about. expensive on valuation without question. they ramped up prices to be one of their i guess, you know, members, but their membership rate is sticky. it's 95%. not that that is a big portion but what's going on. they work the same way walmart works. it's their worltds and everybody is living in it. >> i was going to say when you look around like what are the issues here? we have a low end consumer in a difficult spot. you have china that is weakening. you have some geopolitical risks, risks here about the election, i don't think that's dramatic one way or another, nothing out there, and then the u.s. debt and deficit and that sort of stuff. people keep talking about that, but at the end of the day there's -- i don't think there's a ticking time bomb right now. >> right. >>> coming up a no go from novo. the pharma giant. what is holding the little pill back from th

now, this is a rendering of that new costco. it is slated for a site on prospect road near the saratoga border. three buildings would be demolished at the existing westgate shopping center to make room for that costco. the group, save west valley, plans to be at tomorrow's meeting to voice their concerns. they say they're worried about increased traffic. they say dangers that it could pose to high school students and other pedestrians in that area. now, costco says it is already agreed to numerous project changes in direct response to the community's concerns. san jose regional medical center one step closer to becoming a part of santa clara county. county is still finalizing the agreement with owner hca healthcare. today, the board of supervisors voted unanimously to appropriate the money in its health department budget for that hospital. county says it plans to restore the trauma, stroke and heart attack services that hca cut from the facility and it is going to do it as soon as that purchase is complete. new at 11 governor ne

ever costco apartment complexes officially in the works inund, los angeles.ve existing costco and pharmacy, delivery services and you can goan right downstairs ad go shopping to costco. >> you get hot dogs? of course! if youurse can't award domenicod costco, you can live above one. >> former president donald trump says he won't run again in 2,022 if he loses in november and break to god that does not happen the worst in mid american history. >> to remind all of your friends who voted against donald trumpni last time if you voted for him u in 2020, he would be leaving right now. so this is all your fold. so, we have the python ande florida the python king after trapping 20 burmese pythons frod the everglades. i mean, checescheck this out. >> nope! >> what do you mean nope? you couldn't rankle pythons? >> i would try it. >> actually, you put them out and they think they are coming for a time and you get the bigob mamas. and then they are delicious. a >> my goodness! >> cook them up and feed the homeless.home >> you are just full of surprises and you know how to

but i think it deserves to be costco. costco is the better one.not matter that much, but i sure like your team. and go tigers. they're pretty great. rodney in texas? >> caller: boo-yah, jim. >> boo-yah! >> caller: how are you today? >> i don't know. back from vacation. the eagles lost. i'm trying to regroup, frankly. the mets won, which i don't really care about. but my rooster sure does. i wish i didn't care so much about sports and more about making big money for people. but right now i'm possessed by how the bad the eagles are. let's go to work. >> caller: all right. yes, sir. here is my question for you. so with the recent rate cuts we've had here and the feds coming out with their plan for the next to the end of the year, to rate cuts coming up. so my stock is airbnb. my average price is 143. what's going to happen with the rate cuts with airbnb? >> i'm so glad you put it this way. i think airbnb is one of the companies that will actually do better when rates come down and people start doing more traveling. but most importantly, this thing is

costco shares are under pressure after missing quarterly sales estimates. spent slightly less per trip compared to last year. the revenue was a bit of a miss. the chart, though, shows that this has been a big gainer over the last year. so giving back about 2%. >> let's get the consumer sentiment out just moments ago. rick santelli has those numbers for us. rick? >> yes. david, now these are final reads that will replace the readings from two weeks ago. i will tell you that these just like the conference board's confidence numbers, have improved. if you look at the headline it moved from 69 to 70.1, the best level originally was may and now moves back a month to april and if you look at current conditions it moved higher as well from 62.9 to 63.3. comp remains of june of this year. what lies ahead are expectations also improved from 73 to 74.4. best since april of '24, comp stays the same. and the inflation numbers while the growth numbers based on growth in the economy, the equity markets, that's what normally moves confidence higher we did not see any chan

there were complaints that the new costco would be just too big for the neighborhood. a number of speakers cited the potential for more crashes due to the increase in traffic in the area, combining drivers who aren't paying attention, or they frantically search for limited parking with students who are distracted and an already known to be dangerously congested area is the opposite of safe. >> i think. one what we're seeing here is this project has met the requirements that the city has set forth. i don't see a case for us making a different finding than that. >> in the end, they unanimously approved the environmental impact report. the plan will now go before the san jose city council, which is expected to take it up next month. >> a live look now at the upper deck of the bay bridge. not too much going on, but starting tomorrow, late night drivers might face a bit more congestion than usual. that's because of a caltrans maintenance project that will leave the far right lanes closed. lanes will close at 8 p.m. monday through friday and will stay closed overnight until

costco. costco now costs more.holesale giant's membership fee increases in effect as of the first of this month. it's the first fee hike since 2017. annual membership fees are up by $5 for gold star individual members. business and business add on members, bringing it to an annual fee of $65. executive membership have increased by $10 to $130. the fee increases impact around 52 million memberships back in july. costco announced the hikes were coming, but the company has not responded to a request from nbc for further comment. a lot more news ahead. let's bring in our audrey asistio who joins us now with what's coming up next. all right. janelle and garvin right now at six south bay. viewers say a party planner spoiled their quinceaneras. more than a dozen moms accused a company of taking thousands up front and then being a no show on the big day. we've got the exclusive details. plus, antioch is trying to keep up with a spike in homelessness. why? the mayor is pointing the finger at oakland and san francisco. and c

plus, pushing back against a new costco. the reason some south bay residents are upset with the plans to bring yet another store to san jose. this is today in the bay. good wednesday morning. hump day is here, and so are we. good morning to you. i'm marcus washington, and i'm laura garcia. we're going to check that morning commute with mike halfway through our workweek. and it's up and it's down temperature wise. what are we in store for today? today it's down. this is like, my favorite kind of game show, right. lower, lower. we start to see it going back up. but we are going to see a nice cool day for much of the bay area. and low clouds and fog over san francisco. so this is where we are getting some of that cooling and the mist and drizzle this morning. starting out as you're about to step out the door, grab a jacket, maybe with a hood because it's going to be raining lightly there and we will have a major drop in temperatures all across the bay area. so instead of upper 90s and triple digits today, the valleys will see s

costco here, to make it more complicated is costco has 600 stores, but they are giant warehouse storesostco has found a way to compete with walmart and doing it with far less stores are kroger kroger says we will go national and buy our competitor albertson which is the safeway brand and get to 4,500 and be at the same level with walmart the difference here is they do not have anywhere near the ecommerce capabilities of walmart. that's the story here. what defines grocery and what defines, you know, concentration and then you have another wrinkle, dominic, which is all the democratic attorney generals oppose the merger and republican attorney generals support it it goes beyond the ftc and partisan divide as well. >> a lot of currents in the kroger story john blank, talk to you soon. >> you bet. >>> a market flash on general mills. reportedly in advanced talks to sell the yogurt business including the yoplait brand. headlines coming across right now. general mills shares down .25% >>> coming up on the show, ahead of the big fed rate decision, another central bank is expected to cut rate

and just, you know, i don't see it just with the head too to be here any will not be. >> costco says the store would bring up to 300 jobs to the area. city officials are set to vote on a full approval in late october. >> still ahead here at 10 o'clock, the lawsuit cps in the south bay is now facing after the death of a 6 year-old boy. plus. >> the powerful and use your story to actually make meaningful change after experiencing something horrific. school shooting survivor sharing her story were visiting a bay area museum where they're honoring those who faced violence and fear with courage. >> and the plane makes an emergency landing on a california highway. what officials found inside the plane that got the pilot and the passenger arrested. new at 10. a man is suing child protective services in santa clara county after the death of a 6 year-old boy from san jose jordan cam walker. was stabbed to death last summer. jordan's grandfather is suing cps, claiming he warned them about the danger the boy was in the grandfather also had many failed attempts to gain custody of the child. jord

meantime, costco wants to be removed from the sean diddy combs narrative. the retail giant has been trending for days following denny's attorneys claims that he had bought baby oil in bulk from costco to use for his infamous freak-off parties. if you remember the raid uncovered more than 1000 bottles of baby oil. a spokesperson for costco says none of its u.s. locations. kerry, the baby oil product. a live look tonight at the transamerica pyramid where parts of a window were shattered last night, which sent glass down onto the sidewalk and the street below. here is a look at damaged window. the property owners say a part of it was damaged during a routine cleaning. they say no one was injured and a team responded quickly cleaning all that glass off the street. inspectors say the building is safe. no injuries were reported earlier this month. you might remember glass plummeted fromrthe sales force east tower. it also cracked 2 ground floor windows on its way down crews. there were installing the glass when it fell from the top of the 30 storey skyscraper on

there were complaints that the new costco would be just too big for the neighborhood. a number of speakers cited the potential for more crashes due to the increase in traffic in the area, combining drivers who aren't paying attention, or they frantically search for limited parking with students who are distracted and an already known to be dangerously congested area is the opposite of safe. >> i think. one what we're seeing here is this project has met the requirements that the city has set forth. i don't see a case for us making a different finding than that. >> in the end, they unanimously approved the environmental impact report. the plan will now go before the san jose city council, which is expected to take it up next month. >> a live look now at the upper deck of the bay bridge. not too much going on, but starting tomorrow, late night drivers might face a bit more congestion than usual. that's because of a caltrans maintenance project that will leave the far right lanes closed. lanes will close at 8 p.m. monday through friday and will stay closed overnight until

you know, target underperformed costco and wal-mart and thee all three fit into what the consumer is looking for right now. target underperformed wal-mart and costco and last quarter was a step in the right direction and getting execution on demand and going 14 times next year's earnings and we own costco, wal-mart and target, but i'd step into target today and if you wanted to step into costco and wal-mart, i'd wait for a pull back. target i'd buy today. liz: great to have you. mike binger, the dow up 909 points from the low to the high and looks to close up about 152 points. s&p, nasdaq and russell in the green. that's it for the "claman countdown". kudlow is next. larry: hello, folks. welcome to kudlow. i'm larry kudlow. so donald trump had more hay makers than you think. that's the subject of the riff. the presidential debate last night, donald trump had some very serious hay makers on policy, that knocked kamala harris for a loop. right at the top, mr. trump got tax cut and economic growth message out. take a listen. >> everybody knows i'm an open book. everybody knows what i'm

costco is the best., i'm not allowed to say it sounded like trump there. >> and finally, bruce, we've got the daily star. let's fit this one in quickly. >> well yes. okay. so basically queen been pinned to the bed by a ghost and i sincerely hope it's diana. right? i really, really do al fayed know because i don't think i don't think they allowed camilla in harrods if she didn't have money at that point. so she went to harvey nichols on klarna. >> okay, not entirely sure what that means. anyway, that's the covers nicely covered at the end of part one. join us after the break for trump and starmer's first date. the eu turns its back on immigration and sexy, sexy, sexy female prisoners find out welcome back to headliners lesbian . first. look at lesbian. first. look at saturday's papers. apparently so. 50. >> so. >> say that when she's in the room. >> i'm of course, i probably shouldn't say that. >> and probably incriminate myself. and i'm still here with the meaty, manly combo of josh howie and bruce devli

you know what it's like to park at a costco. so what's the like?ry day when i come home? what's the. >> yeah, i know it's a smart business. we have megan as a producer. >> exactly right. >> yeah, right. >> you know, they'll figure it out. that's right. they probably have parking somewhere. >> someone will sign up for it. it's in la, so it's not an option for us. >> we're glad that you are here as well. can i say i love it when you stay late? i know it's an extra long day, but, man, it's fun. >> i love it. you can [cheering] ♪ ♪ [cheering] >> and

. >> to get the teapot dog. >> of course mimic if you can't get enough of costco you can live above oner president donald trump says he won't run again in 2028 if he loses in november, praying to god that does not happen, kamala harris would be the worst president we've ever had in american history. >> and we would have to listen to her laugh. >> and is an important to remember all your friends if you voted for him in 2020 he would be leaving right now just vote for him. >> we have the python king, florida snake hunter is crowned the python king after shopping 20 burmese python from the everglades. check this out, what you mean you cannot wrangle these pythons. >> you just wrestled it. >> you put these out and they think they're coming in for meeting time and you get the big mamas, that's probably a big mama right there in their delicious, all kinds of ways you can pick them up and feed the homeless. >> you are full of surprises you know how to catch pythons and you eat them. >> we have a lot of snakes. >> what is it taste like. >> chicken. >> if you cook it and fry it the same way that

. >> to get the teapot dog. >> of course mimic if you can't get enough of costco you can live above onedonald trump says he won't run again in 2028 if he loses in november, praying to god that does not happen, kamala harris would be the worst president we've ever had in american history. >> and we would have to listen to her laugh. >> and is an important to remember all your friends if you voted for him in 2020 he would be leaving right now just vote for him. >> we have the python king, florida snake hunter is crowned the python king after shopping 20 burmese python from the everglades. check this out, what you mean you cannot wrangle these pythons. >> you just wrestled it. >> you put these out and they think they're coming in for meeting time and you get the big mamas, that's probably a big mama right there in their delicious, all kinds of ways you can pick them up and feed the homeless. >> you are full of surprises you know how to catch pythons and you eat them. >> we have a lot of snakes. >> what is it taste like. >> chicken. >> if you cook it and fry it the same way that you fried c

you know, target underperformed costco and wal-mart and thee all three fit into what the consumer ismed wal-mart and costco and last quarter was a step in the right direction and getting execution on demand and going 14 times next year's earnings and we own costco, wal-mart and target, but i'd step into target today and if you wanted to step into costco and wal-mart, i'd wait for a pull back. target i'd buy today. liz: great to have you. mike binger, the dow up 909 points from the low to the high and looks to close up about 152 points. s&p, nasdaq and russell in the green. that's it for the "claman countdown". kudlow is next. larry: hello, folks. welcome to kudlow. i'm larry kudl

, are you a costco user?a version if they selected you to be beta you can do a search inventory instead of dragging the costco you can search and see if your favorite costco has the item in stock that you want maybe saves you time and gas. >> boeing has a deal with the union over the weekend, we do know what is in the deal. >> 25% increase in wages over the next four years and a commitment to build the next plane in seattle, this is seen as a big win for the new ceo kelly or berg a lot of analysts say you do not need an uncooperative union right now you need these people on your team because boeing has somebody other problems so this is a big win let's put this had been behind us and get back to business for boeing. stuart: all the way down to 163. >> they have a lot of work to do. the premier week and for the long-awaited betelgeuse equal, how did they do. >> i'm out of my element i don't do betelgeuse and having gone to the movies but they blew it out of the water everyone but us was at the movie scene bete

have you sat in a parking out of a costco and see what people walk out with. >> jesse: costco responded don't sell baby oil. is also getting a new neighbour in prison, he's been transferred to a different section of the jail. may be they can bond over lunch in the mess hall, whatever the conditions are, they are way different from what he's used to. >> i'm told that when you go to a hotel you don't just check-in when everybody else does. >> it's called preparing the. >> what is preparing the. >> i take pride in being the originator of the preparation of the. i like lilies and white orchids and roses. i'm into baths. i like my bath at the right temperature. little things that i like. alike my room to be. >> jesse: the walls are closing in and now his hip-hop rival 50-cent is producing a documentary for netflix. we're just scratching the surface on the story and will keep you posted. >>> we are following our storm traces in florida where massive category 4 hurricane helene is making landfall. let's go to the storm specialist mike seidel. is in florida. >> we are just beginning to get the

the my favorite stock for the an fluent is costco average person shops at costco, is doing well 7.1%premier luxury stock right now. otherwise, it is whoever, provides value, it is really hard out there for most retailers there are exceptions, but costco is premier one i have. cheryl: always great to seek with you having to go to being track data this week good to see you. thank you. >> thank you. cheryl: a lot more this morning, we have the latest company cracking down on return to work policies, you may be shocked by the details of this one that is coming up. plus, former world bank president david malpass to talk harris's economic policies ahead of the abc news 2024 presidential debate, you are watching "mornings with maria" live on "fox business." . if you have wet amd, you never want to lose sight of the things you love. some things should stand the test of time. long-lasting eylea hd could significantly improve your vision. more people on eylea hd had no fluid in the retina, compared to those on eylea at 4 months. eylea hd is the only wet amd therapy that helped 8 out of 10 peop