ellison says he'd still like to kiept right here. >> we would love to come back to san francisco.tacular rega that, but we're going to sit down and talk with the officials and see if that's going to be possible to come back. personally i'd love to come back to san francisco. i have a house here. >> yeah. so he would like to bring it back to san francisco, but made absolutely no commitment to doing that. they will likely open up for bids, and ellison said he will meet with his team to make the final stigs. reporting live, joe vaz kez, kpix 5. >> after oracle sailed through the finish line and docked the winning boat, team members threw each other in the water making sure to take a final victory swim. san francisco is quick to move forward. before the races wefrn over, trucks moved in to break down the grand stands. >>> tonight weir hearing from the family of a college student who police say was killed for no reason at all. 20-year-old justin valdez, a sophomore at sf state was shot as he was getting off an muni light rail train after class. he was a student athlete from garden grov

larry ellison answered that question tonight, sort of. oracle team usa's billionaire owner larry ellison celebrates with his sailors. after one of the biggest come backs in sports history. down eight races, they won the next straight eight races to win the america's cup. what made the difference? ellison says the team ceo made some crucial adjustments to the boat. >> we were down 8-1 and russell says, you know, it doesn't make sense that they're faster than us upwind. we had to configure the boat properly. our engineering team, the guys out in the water finally broke the code, finally figured out what we had to do. >> reporter: i asked ellison to elaborate. >> you mentioned you broke the code. a lot of people want to know what you mean by you broke the code. >> i don't know. is russell in the room? are we allowed to talk about that? we made a lot of changes on the boat. the boys sailed the boat differently. we put the bow down and went fast. there was getting bmg going fast. but we did a lot of other things as well. >> reporter: the next

kpix 5 reporter joe vazquez asked larry ellison how did they do it? >> reporter: oracle team usa's billionaire owner larry ellison celebrates with his sailors. after one of the biggest comebacks in sports history, down 8 races to 1 a week ago, they won the next 8 straight races to win the america's cup. what made the difference? ellison says the team's ceo made some crucial adjustments to the boat. >> we're down 8-1 and russell says, you know, it doesn't make sense that they're faster than us up wind. we just had to configure the boat properly. our engineering team, the guys out on the water, finally broke the code. finally figured out what we had to do. >> reporter: i asked ellison to elaborate. >> you mentioned you broke the code. a lot of people want to know, what do you mean by you broke the code? what did you do? what -- >> i don't know, is russell in the room? are we allowed to talk about that? >> we made a lot of changes on the boat. we -- the boys sailed the boat quite a bit differently. we put the bow down and went fast rather than sailing hi

larry ellison very much a fixture at the race this year.en on the water, cheering his team on. the cost of entering the world's most famous boat race is steep. building and racing these boats can cost $100 million. as our own jane wells has reported, ellison is funding about 80% of his team's costs. emirates new zealand, on the other hand, is getting most of its money from emirates airlines and new zealand government. bill, back to you. >> josh, thanks very much. you let me say, you may have seen promos on cnbc, oracle ceo larry ellison was supposed to be exclusively interviewed by maria today, but that little boat race got in the way. apparently this is something that ellison really cares about. you know, i've heard for years that the thing on -- the trade on ellison and oracle is, when he's on a yacht, you sell the stock. when he's in the boardroom, you buy the stock. right now he's on a boat somewhere. >> yeah, so, bill, i think the message is quite clear, right? >> exactly. >> ellison has promised he'll come on with maria real soon, hop

ellison was taking in the race. it's do or die for his oracle team. but with two impressive wins under their belt and a possible momentum shift larry ellison said good going guys. >> the bay was filled with spots there was wind and spots there wasn't, making it a difficult day to sail. we won a couple races, nice job. >> all right. so larry ellison proud of his team. the kiwis only need one more win. coming up at 11:00, i'm going to tell you thousand boat race is putting a crunch on hotel rooms across the bay area win? did he say win. put on october. the a's clenching their second title with assist from kansas city. deep to left and look at this. a walk-off grand slam home run. >> they got help from kansas city the royal as win over texas wrap things up for the a's. of course, no one is as excited as the players themselves. roberta gonzalez took to the field. how you are feeling? i love it. i love it. >> we love you. >> congratulations. >> thank you. >> i look forward to spraying champagne on him. good job coach. >> you have been the crowd favorite. t

so we asked the man himself larry ellison how did he do it?s team ceo made crucial adjustments to the boat. >> we're down 8-1 and russell says, you know, it doesn't make sense that they are faster than us upwind. we just had to configure the boat properly. our engineering team, the guys on the water, finally broke the code finally figured out what we had to do. >> reporter: so in the end, money-wise, some officials speculate that the city will actually break even. maybe even come out a little bit ahead in the end. frank, back to you. >> it would help to have the extra racers. what did mr. ellison say about perhaps hosting it again. >> reporter: well, he said that he would like to. some reporters asked him yesterday. but he was still a little noncommittal. and he recently bought an island in hawaii so there's speculation he could bring it there. but those are all just rumors. so we did ask the man himself just that very question. we'll have that for you in about an hour from now at 6:30. >> the will. elizabeth wenger live for us in san francisc

what did ellison say about that?ow he credited a lot of the win to the team's ceo russell. he said that he basically made some last-minute adjustments to the boats. a lot of it was some kind of technical mumbo jumbo hard to understand but basically they figured out a way to make the boat faster. >> most important part, they won. elizabeth wenger live in san francisco, thank you. some team members threw each other in the water for a final victory swim. >>> 6:33. happening today secretary of state john kerry and his iranian counterpart will meet at the united nations. today's meeting would be the highest level direct u.s. and iranian meeting since 1979. this comes as russia agrees to three basic points on a possible resolution on syria. first, to hold syria accountable for attacks on august 21. the second, measures against syria if it uses chemical weapons. and third, the council will expedite their discussion of the matter. this comes just a day after the president addressed the united nations. >> the syrian governmen

. >> larry ellison, you're writing a profile of larry ellison, did you talk to him about any of this?> no, i'm sure he has an excellent explanation. >> he really, you know, he wants to play and he wants to play ethically. people will be disbelieving of that statement. he is fiercely competitive, he wants to win but not at all costs. of course he'd think this was a colossal screwup, dumb. draconian punishment. >> the punishment's because it's larry. know what i mean? >> yeah. >> they can't look like they're creatures of larry ellison here at this this thing. >> there's things going on with this international jury. for one thing there is a new zealander on the jury who many people think should have recused himself or the international sailing federation should have -- new zealand is the team that is up against the americans. there's no american juror -- >> it's the americas cup. >> everybody's taking hot shots at the team. they opened themselves up to it in a way but there's a lot of amazing stuff that is going on. >> it's in the past, what's going on now? >> the final start tomorrow, a

racing resumes this afternoon at 1:15. >>> larry ellison is one of the world's richest people. but he is not making as much this year. bloomberg reports that ellison's pay dropped 18% from last year from $96 million to a piddling $78 million. bloomberg says ellison gave up an annual bonus and oracle missed some profit targets. >>> a 60-year-old woman says a man put a leash around her neck after their two dogs got in a fight. she says it happened after their two dogs got in a tussle at sonoma valley regional park on sunday morning. she says the man was yelling at her and when she threatened to take his picture, he threw her phone in a lake, kicked her dog, and then ran off. the woman was uninjured. >>> bart and the unions are scheduled to meet three times this week. time is running out for a new contract. how much real negotiating will be done remains to be seen. today they will take on the big issues, though, salaries, pensions and healthcare. bart says the sides are still more than $100 million apart. >>> we're less than three weeks away from another possible strike. october 1

ellison is examined to debut his in memory database at the conference.he tech billionaire hopes the new product will add some wind to the company sales revenue which according to forbes came in at 2% for the quarter. for nontechies this in memory database is supposed to be 100 times faster and accessing information. ellison opened oracle world yesterday with the traditional keynote address. he talked about the fast database and new hardware. >> when you're doing analytic queries you're asking questions of your database, your results are instantaneous. you're getting ruts at the speed of thought. the answers are coming back faster than you can come up with the questions. >> reporter: every. >> reporter: this conference is expected to draw about 60,000 more people in the city from more than 145 countries flooding the moscone center and the city. and as we have seen here, there have been cones blocking off this area where oracle openworld will be taking place meaning that commuters might have to find another route and for more on traffic, let's send things

ellison received 77 million for the fiscal year that ended in may.lion bonus due to oracle's low growth. stock was down slightly, shares of oracle are up more than 10% over the last 52 weeks. come on, folks, let's celebrate the victory for goodness sakes! >>> the fed's tapering decision hinges on whether the economy is healthy enough to live well with less help from the friend at fed. they could do a lot worse than use our next get's company as part of a guage for the economy since so many parts of the of the economy rely on what they make. h.b. fuller ceo, james owens joins for a fox business exclusive. jim, good to see you. congratulations, the stock is way up today based on last night's earnings report. what do you think spoke so well to investors about your company? >> well, thanks, david, and thanks for inviting me on the program. you know our team at fuller has really focused on delivering our five-year plan laid out specific goals, and we're delivering on those. and, that's really why the stock's doing well. the commitments we made are showing

. >> the old adage you've heard this about larry ellison, the difference between god and larry ellisonoesn't think he's larry ellison. you have to have an ego to be an entrepreneur -- >> i asked him about larry ellison. >> that overarching confidence to succeed. >> i guess. when you're one of the world's, you know, ten richest men maybe it's a little more legitimate when you don't really know what your net worth is. i did ask him about larry ellison. i was covering the america's cup. he said i met him once. he's not my favorite person. >> yeah. i would like to ask larry ellison, maria will speak to him, what's going happen to the catamarans when new zealand whips america's butt? >> not yet. >> i like america but we're losing. the hob bits are going to win. >> thank you very much. >> coming up next, the best news we've heard since the twinkies returned to the shelves. >> first, don't forget the fed or forget the fed. it's your choice. find out what endless breadsticks may be telling us about the economy. follow us on twitter @sullycnbc. >> i'm at mandycnbc. >> and follow @streetsignscnb

but tonight, larry ellison makes it sound like he's not so sure. the celebration at america's cup park continued with a concert, attracting forewave of thousands of people to the wat i front. >> definitely helped quite a bit. >> reporter: restaurants are packed flynn packed inside and out. the mayor's office says the race fills hotel room, provided jobs and helped develop city property. the success has sailing fan yvonne summers waxing poetic. >> hip, hip hooray. >> reporter: they are already talking about where the 35th america's cup should set sail. >> of course, here. >> yeah, i would love to have it back. >> reporter: at the victory celebration, ellison didn't commit. >> we would love to come back to san francisco. again, it's a beautiful place to have a regatta. this is a spectacular a, but we're going to sit down and talk to the officials in san francisco and see if that's going to be possible. >> reporter: with thousands swarming the embark dare owe, they are hoping they anchor a deal for number 35. >> wake up. because i don't think that san

. >> he gave larry ellison the key to the city. it was like a big deal. >> joe garifoli is a reporter for san francisco chronicle. >> for years san francisco's tried to host the olympics, it wanted to host the super bowl, and so they already had the infrastructure to bid for a major event. and so when they got the america's cup there was like okay, this could bring in millions of dollars to the city. >> the city's board of supervisors voted unanimously to bring the cup to san francisco and the city rebuilt its waterfront make it happen. ellison not only got to choose the location, but the rules for the construction of the boats. for that he went to russell koutes. he announced he and ellison would revolutionize. >> we need to have the coolest fastest boats in the world. >> now three years layered, oracle is facing new zealand, sailing a craft more in common with an airplane than a boat. >> the first time we went out with these boats it was like wow. >> shannon is a sailor on the crew. there are no motors on board. at 32, he's one o

they are bankrolled by billionaire larry ellison. they have rattled off seven straight victories to bring the series even. and bar any delay because of high winds oracle will face off against team new zealand later on this afternoon in one final race. winner take all. oracle skipper feels like his team has the momentum and he wants to capitalize. while new zealand fans have been a constant force in the stands for most of this competition, this improbable comeback has energized american sailing fans. >> it's been very exciting. we are very proud of the oracle team. just very, very satisfying to see them come through like this. >> reporter: organizers tell us an average of 20,000 people a day have turned out to watch america's cup races. critics of course have said the event hasn't necessarily lived up to expectations but now thisly georgia that is coming down to the wire. and unless it's too windy for the teams to go, today's final race should get under way sometime after 1:15 this afternoon. live this morning in san francisco alex sa

it's splitting the time and attention of oracle ceo larry ellison. coming up how his -- >>> firefighters are making progress against two wild fires that are burning in southern california. a plane dumped a fire redoor tent. it is 70% contained this morning. the wild fire began on monday. the sierra fire began yesterday afternoon. that quickly spread to 200 acres near a major freeway. mandatory evacuations were ordered for a couple dozen homes. but by midnight only voluntary evacuations were under way. >>> your time is 6:09. governor jerry brown goes to oakland today. he will sign legislation increasing california's minimum wage. the state minimum on july 1st of next year. then on january 1st, 2016 the minimum wage goes up again to $10 an hour. the governor will appear at a signing ceremony at noontime today. it will be at the city press mandela training facility. >>> before aldon smith was arrested on drunk driving charges, he was stabbed at a party. why investigators now say -- what investigators now say triggered the stabbing. >>> mostly smooth com

larry ellison's team beat team new zealand by 44 seconds yesterday in the winner take all race. team oracle u.s.a. capped east historic come back by winning the last eight races after fall behind 8-1. new zealand was on match point for a week but could not do it. oracle team u.s.a. tell brighted and many in new zealand were heartbroken. >> i was in a pud elf tears. no words to describe it. but, now, we are getting a sense of arguably one of the greatest sporting events ever. >> you cannot ask for anything better in sports. or in sailing. >> ellison hopes the next america's cup will be in san francisco but still needs to work out a deal with city officials. an announcement about the defense will be made in the near future. >> it is 49ers game day. mike, how is the weather? >> live doppler 7 hd shows it is quiet this morning. it will be quiet this afternoon. the day planner shows temperatures running in the low-to-mid 50's for the most part at 7:00 and a few isolated areas in the 40's as the dry air is still filtering into the valleys. by noon, we have a lot of sun and 70 around t

larry ellison wouldn't say, except that he'd like to bring it back. he has a house here. >> what a great comeback. thousands of fans on waterfront came out to witness team oracle's victory. you can see by far the biggest crowds the entire oracle cup. as they crossed the finish line, cheers and chants of usa came out from the crowd. kool and the gang's celebration blasted from speakers. fans were thrilled to catch the latest comeback in the history of sports. >> a fantastic achievement by larry ellison and the whole crew. they did a great job. they did something that nobody thought was possible. >> as wayne reported, organizers say at least 25,000 fans were at america's cup park for today's race. that does not include the fans along the waterfront and at marina green. right now larry ellison is likely celebrating his victory on treasure island. this is a live picture. it's a yearly event scheduled as part of oracle's annual convention which is in town this week. maroon 5 and the black keys are performing tonight, and after the america's cup's big win t

chairman and ceo of oracle sets down with me, larry ellison. about cloud computing, big data and his opinion on a lot more. he's always very candid. >>> jpmorgan ceo jamie dimon issues a letter to employees in the face of legal ppayouts and scrutiny. >>> is microsoft the ckodak of the future? ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ from td ameritrade. this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him and win fifty thousand dollars. congratulations you are our one millionth customer. nobody likes to miss out. that's why ally treats all their customers the same. whether you're the first or the millionth. if your bank doesn't think you're special anymore, you need an ally. ally bank. your money needs an ally. ...amelia... neil and buzz: for teaching us that

as the result of cup remains here larry ellison. is victory sweeter when impossible?ast? that is one of the questions being asked in a press conference just moments ago insiftd building. he was evasive anda

also, larry ellison had a press conference. he said he is open to the idea. so we'll have to wait and see. because as the winner of the cup now, it is his decision as to where to hold the next series of races. but as for right now, right here today, we witnessed one of the greatest comebacks in sports history. a week ago, team new zealand held a strong 8-1 lead. needed only one more race, nine races win, that's it. it would have sealed the deal but oracle put up a fight ultimately claiming victory after 8 consecutive wins and it was of course the moment the team and its supporters were waiting for. crowds cheering the trophy as it was handed back to the defending oracle champs. that's by the way the trophy almost dropped there right at the height of the celebration but several folks saved it from hitting the ground. after sailing across the finish line and hearing the gun go off and docking the winning boat team members taking a final victory swim. there were plenty of people here to celebrate. thousands lining san francisco's waterfront hoping to get a littl

. >> any indication of larry el ellis ellison, which l this event be back in the bay area? >> he said he would definitely like to have it here. and certainly that's the hope. the race course sf perfect. you get the wind coming from the golden gate bridge down to the bay bridge and going around that mark one, down to two, three, back a coup of times in 25 minutes. they were going 55 miles an hour yesterday in this full wind. it was something out of star trek. this stuff was spectacular. and larry ellison and russell kootz really had a vision to make this a family friendly and spectator friendly event to see, share and tell stories and hopefully we can have it again here. >> thank you very much. we go to jean, a lot of people don't know that much for sailing. but they were cheering team usa on and were really excited. >> a lot of excitement down here. this race ended hours ago, but people are still here. they don't want to leave. take a look. they ear still hanging out here celebrating team oracle usa and the amazing comeback win. >> usa! usa! usa! the pier at america's cup p

abc7 news. >> in his keynote speech larry ellison talked about the innovations at oracle.hey talked about the company's new in memory option. >> it works great. it works when there is no wind, larry. >> no wind? that's amazing. >> it is much better than what those guys do. >> stressful when there is no wind on the bay, let me tell you. this works without wind, works fast without wind? >> absolutely. no capsized. >> don't need to talk about. it. >> those attending the event who couldn't get a seat inside got a bite to eat and drink on oracle plaza. there will be lots of detours in the area through thursday. howard street between third and fourth streets will be closed. other streets in the area will have partial lane closures. >>> apple's newest iphones are already getting shot down. a test revealed the iphone 5s and 5c are more breakable than previous models. the company square trader that provides protection plans did the testing. they are submerged in water and then dropped five feet off the ground. the worst samsung's galaxy s4 and the best is google's motox. >>> severa

i agree with what ellison said. the jess bell statement says it is sexist. >> you can say it makes people equal. >> the problem is with the jesebel le e headline. in seriousness i think the result is interesting and doesn't say good things about porn and they should try to replicate the study and see if it is accurate and hopefully ask me to be a participant. more importantly it would be interesting to see a study that does attempt to find out what the jessebelle headline claims. if watching porn makes people more sexist. that would be an importanting study. >> it obviously does. that's why you don't need a study. it is common sense. looking at porn is obviously object tau fying women. i wish these gals could come together. we both agree porn is bad, but they seem to think it is the patriarchy. we don't like it either because we are old-fashioned victorian-type of guy. >> who are these guys you hang out with with their canes and ascotts? welcome, how is the "red eye." >> the old patriarchy. just agree with me. >> th

abc7 news. >> in his keynote speech larry ellison talked about the innovations at oracle.hey talked about the company's new in memory option. >> it works great. it works when there is no wind, larry. >> no wind? that's amazing. >> it is much better than what those guys do. >> stressful when there is no wind on the bay, let me tell you. this works without wind, works fast without wind? >> absolutely. no capsized. >> don't need to talk about. it. >> those attending the event who couldn't get a seat inside got a bite to eat and drink on oracle plaza. there will be lots of detours in the area through thursday. howard street between third and fourth streets will be closed. other streets in the area will have partial lane closures. >>> apple's newest iphones are already getting shot down. a test revealed the iphone 5s and 5c are more breakable than previous models. the company square trader that provides protection plans did the testing. they are submerged in water and then dropped five feet off the ground. the worst samsung's galaxy s4 and the best is google's motox. >>> severa

the team is bankrolled by larry ellison. they've arrestleed off seven straight wins to draw even in the competition. it all comes down to the final race. new zealand fans are nervous as they've watched their team collapse over the past week while american fans feel energized. organizers say this is the kind of finish they hoped for. >> i honestly don't know. i honestly don't know. i'm gonna be on the edge of the seats until someone crossing the finish line. >> reporter: organizers say an average of about 20,000 people a day turned out to watch the races, although the crowds have not lived up to expectations. now, sailing fans seem to be dialed in. they are all set for a dramatic finish out on the bay. although everyone hinges on the wind. if it's too gusty, the teams won't go. for that race to happen. according to organizers wins must be under 23 knots. according to my rough calculations, that's approximately 26.47 miles per hour. steve paulson, tracking the winds. first of all, steve, are my calculations correct? do you thi

tomorrow don't miss our interview with larry ellison. meanwhile, are u.s.cks still the least ugly house in the neighborhood? bob doll next. weighing in on how to allocate capital here. wait until you hear his take on the fed's surprise nontapering. then who's the man behind proposed takeover of blackberry? the inside story next. keep it right here on "closing bell." blackberry shares rising today after its largest shareholder, fairfax financial, made an offer to acquire the company for $9 a share. mary thompson looks at the man behind fairfax and this bid. >> fairfax financial is a canadian insurance firm built by prem watsa, who has waged legal battles with steve cohn and made billions from credit swaps from the likes of aig and mbia. a native of india, moved to canada at age 22. he got his money from a truck insurer he took over and renamed fairfax financial. it's a global property and casualty insurance and reinsurance firm. according to fairfax its stock is compounded at annual 19% rate since 1987, weathering public bets made against it by short sellers

some believe that if oracle wins the cup, ellison could come back and display the trophy to make amends. . >>> in marin county a stand off is underway between authorities and a man who has barricaded himself inside an apartment near mill valley on maple street. authorities called a hostage negotiator but it's not clear if there are any hostages. it's also not known if the man is armed. paramedics and fire crews are on stand by. there are report that is the complex of evacuated. nearby residents were asked to shelter in place. . >>> parents and students at a south bay high school are reeling in disbelief after a teacher there is accused of having sex with a student. we spoke to students who learned about the allegations. we're live from santa clara. >> reporter: good afternoon. yes. we just heard from police. they told us that the victim in this case is a 17-year-old female student who attends school here at santa clara high school. it's homecoming week here on campus. the principal says this unexpected news comes as a blow. this morning the talk around the santa clara high school campus

hat's off to larry ellison.s a lot of people with new zealand accents are on the america team. >> so new zealand beat the new zealand team. >>> they deal side if the concert promoter is responsible for the pop star's death but as ben tracy shows us, the entertainment firm is firing back. >> reporter: lawyers for the company that was backing michael jackson's farewell concert told jurors wednesday that the king of pop died because of his own bad choices. >> aeg live never would have agreed to frontal boundary this tour if it knew mr. jackson was playing russian roulette every night in his bedroom. >> reporter: dr. conrad murray was giving michael jackson a combination of pills and prop e propof propofol. this nearly five-month trial remains on one question. >> who hired conrad murray. >> reporter: lawyers for michael jackson said ae di did. >> they knew exactly what they were getting. unlimited medications. they knew that. >> reporter: murray was helping jackson get through the grueling rehearsals for his "this i

i tell you what, larry ellison's son, david ellison and his company, sky dance productions, they also have the rights to this film, and goodness gracious, when you think about what this is here, and this movie in the making with oracle team usa, just now one win away themselves from keeping the america's cup that they were defending. you've got to look at the other side of the story. the great competitors in emir e emirates team new zealand. today oracle team usa getting seven wins in a row now to force a decisive winner takes all series race number 19. i mean, think about this right now. you've got these guys who've been at this all summer long, be it training or being in the vuitton cup racing to the end. this was originally the best 9 out of 17. with the two-point penalty on the ac-45s used in the america's cup world series circuit that oracle team usa faced coming into this competition, you now have a situation where they're doing a best, yes, 11 out of 19. what a series. it's all coming down to race 19 here in san francisco. and we will keep you covered. as we have throughout thi

ellison is not on the show today.n that a little later. >>> coming up, a live report from san francisco and an update on "closing bell's" high speed race with larry ellison. clients are always learning more to make their money do more. (ann) to help me plan my next move, i take scottrade's free, in-branch seminars... plus, their live webinars. i use daily market commentary to improve my strategy. and my local scottrade office guides my learning every step of the way. because they know i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade... ranked "highest in customer loyalty for brokerage and investment companies." in a we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those

ellison said he would like san francisco to play host again. more than a million people are estimated to watch the races since they began in july. but the city is estimated to have barely made a profit on the regatta. >>> and a big announcement in the last hour from the man in charge of baseball. >>> big news from twitter and the nfl. it may be good news for fans. >>> some upbeat news about jobs and retailers listing the stock market in early afternoon trading. unemployment claims fell to the lowest levels in 6 years. j.c. penney and bed bath and beyond delivered good news the dow is up 20. the nasdaq up 18 and the s&p up 1. >>> nfl instant replays are coming to twitter. the agreement with the nfl marks twitert's biggest sports- related agreement so far for the amplified agreement. they will package game highlights as well as instant replays. the replay could boost twitter's revenue before the highly-yeapted ipo. >>> the 49ers are making a bid to host the college national championship game in 2017 at the new stadium. the 9ers plan to play at th

ellison watched the racing instead. after the announcement he would not be there. many left frustrated and he skipped the earnings conference call last week so he could watch the races. >> new at 11:00, a high speed chase ended with a a crash that knocked a power pole on to a bus. just after 8:30, the driver slammed into another vehicle and hit a fire hydrant at foothill boulevard and 20th avenue. it flipped and knocked over a power pole. no one on the bus was hurt. officers arrested the driver of the car. the crash knocked out power to some pg&e customers in the area. >>> the beating that left an east bay man in a coma is down to two local high schools. they were found lying in the street over the weekend. tonight police are talking with self-teenagers. alan wang is live tonight where the victim is being treated. alan? >> yes, dan, david lamon is here in a medically enduced coma and his brother flew in from england. he is still in critical condition and they are still asking the public for help in making an arrest. tonight police say students have been questioned

ellison?ause with ellison, you're talking about a man who's got beneficial interest in this company -- he owns a quarter of the company. he controls a lot of the shares. >> founder. >> if you think about it, the paycheck may in the be anywhere near close to his financial interest in this company. so it may be about trying to align his interests with shareholder. and some would argue that he is already very much aligned. he owns a quarter of the company. >> yeah. i think the real question that i'm concerned about is this whole -- this whole yachting thing. is he spending too much time and too much money -- >> didn't he skip a meeting? >> oracle world. >> oracle world in. >> his team won the america's cup. congratulations. the question is, if he did that at the expense of oracle world, does that mean he needs to be paying more attention to what his shoeareholders want? i'm all for people having hobbies, but he should not have missed this meeting. >> you've got mark hurd, two very capable co-pres

ellison watched the racing instead. after the announcement he would not be there. many left frustrated and he skipped the earnings conference call last week so he could watch the races. >> new at 11:00, a high speed chase ended with a a crash that knocked a power pole on to a bus. just after 8:30, the driver slammed into another vehicle and hit a fire hydrant at foothill boulevard and 20th avenue. it flipped and knocked over a power pole. no one on the bus was hurt. officers arrested the driver of the car. the crash knocked out power to some pg&e customers in the area. >>> the beating that left an east bay man in a coma is down to two local high schools. they were found lying in the street over the weekend. tonight police are talking with self-teenagers. alan wang is live tonight where the victim is being treated. alan? >> yes, dan, david lamon is here in a medically enduced coma and his brother flew in from england. he is still in critical condition and they are still asking the public for help in making an arrest. tonight police say students have been questioned

congressman ellison and cory gardner are in the crossfire.ongressman gardner, who is actually in charge? if the president did want to negotiate with someone, should he bring all 238 members and let the real leader der. >> the house of representatives john boehner -- >> he doesn't have the authority to negotiate. >> and the american people wanting us to get rid of had health care catastrophe. >> the list you all put out today, your demands, extortions. >> those are popular among the -- >> you're already walking it bulk, already retweaking it, because it's not right wing enough for many members of the caucus. what does that mean? >> it was rammed through the health care bill. >> it's already moving to the right. it's not what you can negotiate on. >> if we're talking about including things like the keystone pipeline, if we're talking -- >> is this an a la cart list? >> to get our economy back on its feet and restore the damage that the past four, five years have dodge. i want to go back to the health care problem he made. he said if you had a h

achievement by larry ellison and the crew that did a great job. something nobody thought was possible. >> organizers say 25,000 fans were at the park for today's race that does not include fan as long the water front so more than that. the race is front page news in new zealand. take a look. the web site reads team new zealand you battle hard and we're proud of you. they do have a lot to be proud of. benefit or bust? coming up at 6:00 crunching numbers now that the race is over. on the events economic success. and benefit to the city and the business owners. >> well, high winds threatened to delay the race fr but the wind not expected to kick up until this evening. let's get a look on the roof. >> yes. it's breezy out here but we're expecting gustier winds going to raise the fire danger. live doppler 7 hd we'll talk about the red flag warning goesing up. right now, you'll notice it's tracking a few sprinkles south and as we show you red flag wrnings here over the hills beginning tonight at 11:00 running until friday, gusts in the range of 35-45 mi

also, larry ellison had a press conference. he said he is open to the idea. so we'll have to wait and see. because as the winner of the cup now, it is his decision as to where to hold the next series of races. but as for right now, right here today, we witnessed one of the greatest comebacks in sports history. a week ago, team new zealand held a strong 8-1 lead. needed only one more race, nine races win, that's it. it would have sealed the deal but oracle put up a fight ultimately claiming victory after 8 consecutive wins and it was of course the moment the team and its supporters were waiting for. crowds cheering the trophy as it was handed back to the defending oracle champs. that's by the way the trophy almost dropped there right at the height of the celebration but several folks saved it from hitting the ground. after sailing across the finish line

. >>> and the kiwis want to rub their victory into the face of oracle founder larry ellison.roup of blue clad ninjas through san francisco home and posted this clever video. they tipped this in the early morning hours on wednesday, and we can only imagine what ellison's reaction probably was. >>> well, good luck find ago hotel room in san francisco this weekend. the city is practically sold out. people tand tg america's cup, oracle world and other events are taking up the rooms and that's shooting up the prices. one tourist we talked to was forced to put four people to a room, and if they didn't do it that way. >> i think we would have select further out. uong save. >> we checked around st holiday inn at fisherman's wharf is charging 450 bucks a night this weekend. >>> coming up, the secret operation in this warehouse to make sure you can get around even if there is another bart strike. >>> why the new apple update has a lot of ipad and iphone users freaking out. >>> a witness saw one of these dogs come flying out of a truck, but when the owner came to pick them up, he told p

. >>> meanwhile, we learned today that oracle ceo larry ellison's pay dropped 18%. in securities filings made today, it says he voluntarily declined to cash his annual bonus -- excuse me. he declined his annual cash bonus because the company failed to hit its financial targets. ellison's salary is technically $1 and he makes most of his income from stocks and other benefits. >>> would you volunteer to be laid off? the bay area company hoping to save $20 million by asking workers to do just that. >>> they came for the new iphone. but an extra surprise was in store. what one customer said about the visit from apple's ceo. >>> and in two minutes -- >> 36 men and women about to embark on a new adventure. and that is the streets of oakland! tonight we talk to them about what many folks across the country call a violent city. >>> new faces are about to hit the streets of oakland with badges and guns in hand. three dozen new officers graduated today as part of oakland's 167th police academy. the officers will start patrolling some of the most violent neighbors on september

larry ellison says if it's possible, he would like san francisco to host the america's cup again. >> america's cup will stay in america! >> oh, yeah, baby! >> oracle team usa capped off one of the greatest comebacks in sports history. down 8-1 to emirates team new zealand, oracle usa won yesterday. the team hoisted the oldest trophy in international sports yesterday. race organizers estimate more than a million people watched the various sailing competitions on the bay since july. however, with fewer foreign entries than anticipated, the financial windfall for san francisco won't be as much as predicted. the chronicle reports the city will break even or come out slightly ahead. >> we're going to sit down and talk with the officials in san francisco and see if that's going to be possible to come back. personally, i would love to come back to san francisco. >> the 35th america's cup will be held in three years. ellison says he will explore reducing the cost of these high tech catamarans so more teams can compete. each team spent $100 million this year. >>> the oracle team and the ameri

in the meantime he's busy planning a victory party for oracle team usa and owner larry ellison. as champion it's all maltly up to -- ultimately up to ellison where the next cup is held. >>> thousands sped off from stance today on -- san francisco today on the two day avon walk for breast cancer. as kpix 5's patrick sedillo shows us, even some walker who couldn't get out to join them managed to participate from prison. >> finance of first degree murder 9 to life. >> wakame -- 29 to life. >> 25 to life. >> reporter: they call san quentin home. five years ago they were among a small group of prisoners that saw a commercial on tv about the avon walk for breast cancer and wanted to help. >> my dad died of cancer. and i got a sister-in-law that that died of cancer. >> just come together and have a day with just walk for our moms, sisters, and some of these guys going through cancer right now too. >> reporter: today marks the fifth anniversary of the walk inside the walls of this prison. the goal? to raise $12,000. they were surprised by the support of their fellow inmates. >> to see t

ellison watched the racing instead. after the announcement he would not be there. many left frustrated and he skipped the earnings conference call last week so he could watch the races. >> new at 11:00, a high speed chase ended with a a crash that knocked a power pole on to a bus. just after 8:30, the driver slammed into another vehicle and hit a fire hydrant at foothill boulevard and 20th avenue. it flipped and knocked over a power pole. no one on the bus was hurt. officers arrested the driver of the car. the crash knocked out power to some pg&e customers in the area. >>> the beating that left an east bay man in a coma is down to two local high schools. they were found lying in the street over the weekend. tonight police are talking with self-teenagers. alan wang is live tonight where the victim is being treated. alan? >> yes, dan, david lamon is here in a medically enduced coma and his brother flew in from england. he is still in critical condition and they are still asking the public for help in making an arrest. tonight police say students have been questioned