ellen braitman as the bloomberg business report. good morning. >> good morning. we are seeing that in the early trade with apple shares, already down 4.5%. analysts were looking for more iphones sold. iphone sales are on the decline as people wait for the new iphone to come out. many of apple's part suppliers taking a hit as well. nasdaq futures are down more than a % at the moment. shares down 70% on netflix. company raising doubts about whether they can reach subscriber targets. stocks fell again yesterday on more concerned about your. shares of lockheed martin got a boost after they raised their forecasts. comcast is rolling out a new service. it is called xfinity. last night verizon fios came out with another plan. service available in parts of the northeast and does include baltimore and washington. ellen braitman reporting for wbal-tv 11 news. >> a lot of people will start gathering around sports bars to watch the olympics. buffalo wildlings raising prices on its menu -- buffalo wild swiwings. >> i will have the details on that and talk about lady gaga not

i'm ellen braitman for wbal-tv 11 news. >> 79 degrees on tv hill. you'll be able to watch the olympics beginning next weekend. >> the orioles look to pick up the pieces after a big time lost in minnesota. saccharin has first start of the season. >> here is a look at last night's winning maryland lottery numbers. -- zach britton had his first of the season.sstart >> now traffic pulse 11 and insta-weather plus together. >> good morning. sarah caldwell checking on your morning commute. we have a couple of accidents we are tracking in baltimore county. there is one of old york road at paper mill road and we hear that is a fatal accident, a vehicle into a pole. lexington street in the city, fire department activity. continued closures along light street between baltimore and lombard. those delays are expected again today. mount royal is closed from north avenue to charles street. here's a quick live look at traffic. 95 from route 24 in harford county. so far so good. this is 295, outbound traffic building down towards 32 as you make your closer to the ca

ellen braitman reporting for wbal-tv 11 news. >> i want to go to the chick- fil-a controversy.d of the company has his stance on gay marriage and this is getting deeper. >> the muppets are getting involved on the issue. i will have that and more on some back-to-school deals that are out there in the next hour. >> thank you. >> 76 degrees on tv hill. we are three days away from the opening ceremonies to the olympics. >> don't forget to e-mail us your response to our water cooler question of the day. what is your reaction to the ncaa sanctions handed down to penn state university? you can share your response at wbaltv.com and on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> talk about a big jackpot for the maryland lottery. the present $80 million than 2011 and that shatters the previous sales record. there was a huge powerball jackpot. more than five letter million dollars will go to maryland's general fund -- more than $500 million will go to maryland's general fund. >> several places around baltimore getting ready to bring the london and his hair back t

ellen braitman reporting. >> i am a little excited. thank you. a look at our forecast. raining in the wrong place. >> over the water. but we need it on the crops inland. on the eastern shore we are getting rainfall and on the lower bay. heavy rain can lead to low- lying flooding. have a 3,000 foot cloud deck. that's over washington. no rain falling from the clouds in the metro area. sunrise at 6:09. notice heavy rain over the lower bay, especially on the eastern shore. rehoboth, dewey beach, bethany beach seeing heavy rain. light rain in chincoteague. the eastern shore is getting the rainfall and they could use some light showers. there's rain from michigan into ohio and indiana. that will drift over our region later tonight and tomorrow morning. not only do we have showers and storms with downpours here and there in the forecast throughout the day, but also tonight and tomorrow morning we will have some energy overhead, which is currently far to our northwest. 75 right now at reagan national, 68 in culpeper, 78th in winchester, around 70 all acr

ellen braitman has more. >> gas prices are: off. gas headed back to $3 a gallon back in april and now dropping to a $3 and it is giving relief. gas prices now down about 15% from that able peak, according to aaa, mostly because of concerns about slowing global growth hurting demand. as millions of americans gather with family and friends for the fourth of july many of course will be firing up the grill. what is cooking? those of rise as burgers and hot dogs are the overall favorite but it turns out almost half of the package chefs in the midwest will be growing brats and sausages and more than half and the northeast will be having chicken -- according to a study which russia finds people in the northeast will spend most time coping with almost a quarter planning to spend all day grilling. starbucks hoping americans will reflect on the important issues this independence they. in an open letter the ceo -- giving away free talk office to help start conversations in shops at coffee it -- with " the lovers were people can discuss america

live at the new york stock exchange, ellen braitman, bloomberg news, for wbal-tv 11 news. >> thank you, ellen. 5:24, 73 degrees on tv hill. coming up -- home sales on the rise. >> governor martin o'malley credits the upswing in the value of maryland values. naup our project economy report this morning, some good news. home sales and prices in maryland are trending up, with sales increasing for the fifth consecutive month ending in june. >> governor martin o'malley credited new state initiatives with the growth during a press conference with state and local housing officials yesterday. baltimore city is seeing the biggest gain in home values. median prices have increased more than 46% over the last year. >> all of this is good news. it's good news for all of us, whether we own a home or not, because it's good news for our jobs and it's good news for our economy. >> there are seven so-called targeted areas throughout maryland where home buyers can qualify for a lower interest rate. you can see the map and how you can seek help on wbaltv.com, just click on project economy. >> 5:27, 73 deg

ellen braitman, bloomberg news, for wbal-tv 11 news. back over to you. >> ellen, thank you. 6:20, 73 degrees on tv hill. still ahead -- back on the right track. >> the orioles try to put together back-to-back wins for the first time since the fourth of july. keith mills has highlights from the series closer in minnesota next in sports. >> and take a look at last night's winning maryland lottery numbers. >> good morning once again. sarah caldwell with a look at your morning commute. kind of busy out there. let's get you up to date. we had a crash southbound on the j.f.x. just prior to cold spring. that is clear, but still some standing water there in the light rain. we're also tracking a new accident, as you can see on our maps, southbound 95 at 216, a crash reported. so as you make your way in howard county down towards 216, you may start to see some delays. 295 a better bet. southbound on the j.f.x., this accident gone just prior to cold spring, but we still have the right lane taken up by standing water, so stay to the left. downed tr

ellen braitman joins us live with the bloomberg business report.>> good morning. it doesn't look much lower today. percent.are down by a economic growth will slow even more and greece may not meet their bailout targets. stocks were down on friday. poverty may be on the rise here home. the official poverty rate like the rose to levels not seen in half a century. official government numbers are not do what until the fall. the manufacturing industry may have accounted for 20% of layoffs last month. some baltimore companies are looking to hire workers and jobs ranging from office assistance to the engineers. more teenagers are communicating on-line instead of driving. other makers still marketing the chevy sonic two teenagers because they are trying to for a bigger share. >> a lot of parents are worried about how they will pay for their kids' college tuitions. >> a lot of stress beginning when your kids are born. parents worry about having enough money. more coming up in the next hour. >> 5:22. michael phelps will compete in london to become the most a

ellen braitman for wbal-tv 11 news. >> thank you. 6:21. keith mills will have today's sports headlines. >> here is a look at last night's winning maryland lottery numbers. >> now traffic pulse 11 and insta-weather plus together. >> good morning. sarah caldwell checking on your morning commute. we have word of two separate problems. southbound 97, an accident involving a motorcycle and passenger vehicle. southbound approaching the vehicle. three right lanes are closed. volume builds and we'll see some big delays. pulaski road or philadelphia road or your alternates. we have a vehicle fire at baltimore national pike. park heights, watch for an accident. oad rest of the major runway ways looking good. traffic is crawling out of white marsh. here's a quick live look at traffic. this is the west side. still a little bit of a delay. things are starting to flow a little better at baltimore national pike. that is the latest on traffic pulse 11. >> good morning. it is nice and quiet on this wednesday morning. temperatures have dropped off to a comf

ellen braitman for wbal-tv 11 news. >> 6:20. 76 degrees on tv hill. the ravens start their training camp today in owings mills. >> fans have plenty to be happy about on the baseball field this season. >> here is a look at last night's winning maryland lottery numbers. hope you have them. organic artichokes, organic lettuce, organic kale... does your cauliflower have a big carbon footprint? not at all. that's great. melons!!! oh yeah!! well that was uncalled for. uhh...mr. gallagher. incoming!!! it's wasteful. you know jimmy. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. 15 minutes could save you 15% or more. >> now traffic pulse 11 and insta-weather plus together. >> here's an update on your morning commute. we had a problem on the west side at wilkins avenue. they have cleaned up the vehicle fire. at eastern boulevard, you may still find some delays. light street is shutdown between baltimore and lombard. we're not tracking any significant del

ellen braitman for wbal-tv 11 news.k over to you. >> michael phelps says he is feeling stronger than he did at trials. he is favored to win gold in most of the events he will be participating in. >> it is london and the olympics. you train four years for that. team usa will be ready for that. >> it tried to go back to find the things you did wrong at trials. >> swimming events will begin on saturday. you can watch every olympic moment right here on wbal tv 11 and follow along as team usa goes for the gold. you can watch the olympics zone each night on tv 11. >> 70 degrees on tv hill. it was a great weekend for the orioles. >> keith mills will have highlights. >> don't forget to e-mail us your response to our water cooler question of the day. what are you looking forward to most about the 2012 london olympics? you can share your response on wbaltv.com, on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> here is a look at last night's winning maryland lottery numbers. >> now traffic pulse 11 and insta

at the new york stock exchange, i'm ellen braitman with the bloomberg business report.t include iced coffee you think? >> i don't know. >> i'm going after the show. >> it's 5:23 and 76 degrees on tv hill. coming up, i'll tell you about the local fourth of july parade going on today. >> and the brand-new superhero movie. ♪ ♪ we were skipping stones ♪ and letting go ♪ over the river and down the road ♪ [ female announcer ] at nature valley, we know nature comes together in amazing ways. that's why we bring together natural ingredients, like dark chocolate with toasted oats, or sweet golden honey. perfect combinations of nature's delicious ingredients, from nature valley. ♪ ♪ i was thinking that i hope this never ends ♪ [ female announcer ] nature valley granola bars, nature at its most delicious. >> welcome back to 11 news today on this fourth of july. we ant to give you a look at the local fourth of july parades taking place. the dun dock heritage parade will step off from the logan village shopping center and the family parade begins at 10:00 then 30 minutes after that