my name is eric king. i filed a complaint with the o.c.c. against the san francisco police department. in the complaint i state that over an extended period of time, the san francisco police department has harassed me in an effort me to get me to leave the city of san francisco. i know that was the goal of the harassment because i was told to do so on two different occasions. and the reason why they want me to be gone is that i know the identity of one of the confidential informants in the jackson street gang racketeering case. the case was dismissed by the judge because prosecution refused to reveal the identity of the two confidential informants and felt they could not protect them. i know who one of them is, so that's the basis of the harassment. i know one of the commissioners here was at the department of justice when they tried the case, so i wonder if they're familiar with it. when this all began it was done by plain clothes police officers and i knew i was in over my head so i went to the san francisco police department for help and

. >> eric: here is jane king with this mornings's money scope report. >> if you do banking, pharmacy or electronic shopping online, you may be a victim of security breach. best buy, citigroup and tivo among the companies warning a breach may have allowed a hacker. all the companies use the same e-mailing market the firm epselon. they are asking ignore e-mails asking for personal information. higher close faster expected jobs growth and bidding war for the new york stock exchange. mcdonald's is going on a hiring spree, 50,000 summer jobs and they are trying to fight off the mcjob image. at the new york stock exchange, i'm jane king. >> eric: the berkeley police department is reviewing an officer's decision to shoot and kill a pit bull during a police raid. the dog's owner says it was unnecessary force. 25-year-old man says the officer shot his dog point blank in the head after police raided his house saturday night. berkeley police several officers went to the home in 3200 block of shad okay after the report of gunshots. he let them know he had a one-year-old pit bull that was friendl

. >> eric: jane king is there with reaction. >> good morning. than expected jobs report coming out. this is monthly jobs report. certainly the markets are reacting positively. 216,000 jobs added in the u.s. last month, that was more than what most economists had thrown and unemployment rate dropped to 8.8%. two-year low for the unemployment rate. we did have record exports and consumer spending. new study in "new york times" many of the jobs that have been created recently are services in retail and they don't pay enough for people to live off of. the government data did show very little wage growth. still, it's being seeing a a as a buy for investor. all trading in the green. bloomberg index is positive. move over dunkin' donuts. krispy kreme promising they will be wearing something different. whole thing is scheduled around labor day. in the meantime if you are trading your old car, shortage of new vehicles because of production problems could give you higher prices. prices for smaller cars jumped 10% in the last few weeks. i-hop, free offers

. >> eric: jane king is live at the new york stock exchange and much more in the money scope report.you. more bad times for the california home building business, first quarter sales and orders plunging for the home builders, down more than a dollar a share. it's struggling to compete with the bargain prices that foreclosures are selling for. >> apple this morning, nasdaq doing some rebalancing and apple is at the center of it. basically apple got so big that the nasdaq 100 is rebalancing the importance it gives stock. it's significant, mutual fund investors may have to sell apple shares. it's down about $3 but still trading above $300 a share. microsoft is getting a left. they say they are rebalancing is to prevent any one stock from dominating the index. and china setting up new worries about global economic growth and s&p 500 is slower and nasdaq is slightly higher and silicon index is trading a little lower. they are offering a 16% discount people to check in with pets in april for red roof inn. i'm jane king, bloomberg use. >>> thank you very much, jane, we'll see you later. >>

. >> eric: here is jane king with the money scope report. >> good morning. if you are hoping to buy a new toyota you may run into a road block. new vehicles could be in short supply production slowed down in japan following last month's earthquake and tsunami. toyota probably has enough to last until mid may. problems at alcoa setting the tone lower than expected first quarter sales because of a weakening dollar and not helping the owners of the nuclear power plant that the reactor may eventually release more radiation than chernobyl. most stocks were lower after the imf cut forecasts. if you are looking for cool and free ben and jerry's are offering free ice cream a new flavors. at the new york stock exchange, i'm jane king. >> eric: a new study suggests that multitasking is a skill that does not improve with age. researchers at u.c. san francisco used brain scans to discover that people over the age of 60 have a tougher time remembering to finish one task while being distracted by another. doctors say as we age it's more difficult for our brains to quickly

. >> eric: there appears to be a spat brewing between best buy and apple. jane king scope report. >>> good morning to you. an economist of mood disthe direct cost of lost income to federal workers and contractors would be $6 billion a week. and consumer confidence could take a hit. biggest deciding factor would be how long the government would be closed. here on trading right now we are positive across the board. dow and s&p 500, according to wall street they don't seem to be worried about it. bloomberg index is unchanged. google shares, they managed to get approval from antitrust regulators for acquisition to a software to monitor parts of the separation but ordered to do the deal. google plans to grow in the online airfare business. larry page and changes. they are shaking things up despite the urgency that innovation that google once known for. >> best buy having a spat over ipad 2. they are completely out of stock in every best buy store nationwide and not available to the website. apple got "nationwide because they say they were out and reached their quota for t

live from the new york stock exchange, i'm jane king. >> eric: an attorney for pg&e are telling stateompany thought they had more time to comply with a deadline to turn over records. the state puc has said the deadline for march 15th when pg&e didn't meet it. a fine of $3 million was negotiated. >> we thought was clearly understood certainly by all of the staff people we were meeting with what we were able to to physically do and physically do later. >> the $3 million fine is still subjected to approval, amendment or rejection. critics say pg&e should be fined ten times that if it fails to meet the next deadline which is set for august. >> kristen: it's 6:49. checking out whether there is a lot of sunshine or a few clouds still. >>> more likely tomorrow and again on friday, maybe again on monday. it's the maybe time of year because the cold fronts, they come to california and fall apart and van interis of the is are up to the north right now. not today, high pressure and clear skies, look at the financial district from studios in downtown san francisco. let's talk temperatures. how sh

eric galt had no connection to atlanta as far as we know he had no friends there but here he is moving to martin luther king's home town. okay, so they have a name now. eric galt. they are really trying to press this mean and they go to all the hotels and motels in the memphis area and try to find out if anyone named eric galt stevan enzus arnove the time of his assassination. and sure enough, they find this place, the motor hotel on the outskirts of months, a guy named eric galt stayed and checked in with a white mustang on april 3rd the night before the assassination. this is his registration card and noting that he lives at all to 608 highland avenue in birmingham alabama. but notice he mentions mccardle in alabama license plates. there with me one second. okay. so meanwhile other fbi agents go out all over the south jogging to find out any other eric galt chicken to any other hotels and they did find out that on march march 22nd eric galt checked into the flamingo hotel in selma, alabama, which was significant really only because they found out that very night martin luther king had been scheduled to give

i'm jane king, bloomberg news. >> eric: more questions this morning about taking airport security toof little girl being patd ted down. in the video the little girl can be heard complaining she doesn't want the pat down. tsa screener talks her through it where she'll be touching next. children have been used to carry explosives in some places and they are subject to the same restrictions as adults. civil lint advertise exist thinks it goes -- liberty expert thinks it goes to far. >> the girl's parents say she was in tears after the pat down. "good morning america" will have an exclusive interview with the parents coming up after our newscast at 7:00 in roughly 13 minutes from now. >> eric: turn things over to mike checking the latest radar returns, finding any rain yet? >> a little bit. not making it to the ground so we have a lot of this and that is increasing clouds and some of the early morning sunshine to break through this beautiful picture from the roof cam. live doppler 7 hd. you can see the radar and radar returns are increasing as the cold front is coming ashore around cresce

live from the new york stock exchange, i'm jing king. >> janelle: thanks so much. >> eric: it is now. high-tech crimes task force has arrested five people in the largest ever computer chip heist. the task force have arrested five people. the district attorney says $37 million in chips were stolen, 98% of them have been recovered with the rest making their way to asia. the chip robbery impacted some of the biggest companies in silicon valley. >> the chips are manufactured by intel, they were sent to the company to be modified and end user would be google. those companies are very pleased that we've been able to recover this property. >> eric: if convicted the five suspects could face life in prison. the task force says they are still on the unto for ten more suspects in indicates. >> janelle: let's get our folk with mike nicco. >> good morning. a lot of sunshine coming our way. slightly warmer weather as we look to the southeast from our roof camera here in downtown san francisco. nice job today. let's take a look what else go go s going on temperature-wise under the clear sky. upper

i'm jane king bloomberg news. >> eric: in western iowa they are facing the task of rebuilding after aof gas is 19 cents more expensive today than it was three weeks ago. national average is $3.76 a gallon. that would be a bargain in san francisco where the surprise highest in the country 4.13 a gallon. lowest is tucson arizona at 3.41. now for the bad news experts say they see nothing to indicate a price drop anytime soon. nationwide record high average was set in july 2008 when gasoline hit 4.11 a gallon. >> if you have a young child you likely sick. they eat more calories compared to women that don't have kids. it forces them to choose quick over healthy. doctors worry the unhealthy eating habits could be passed on to the kids. a higher percentage of moms in the study were black and had lower next compared to women in the study without kids. the study is in the journal of pediatrics. >> eric: recapping stop stories dodgers are in town for the first time since a giants fan was brutally beaten. we'll get to that story in just a second. >> let's check in with amy hollyfield that has be

. >> eric: the sharks are waking up with a 1-0 lead in their playoff series with the l.a. kings. both teams skated to a 2-2 tie at the end of regulation but in overtime, joe pavelski broke the tie. game two is set tomorrow at the tank. >> coming up, one life to live, many soap opera fans are in mourning. >> th lose those lines for up to a year! juvÉderm® xc is the gel filler your doctor uses to instantly smooth out lines right here. temporary side effects include redness, pain, firmness, swelling, bumps, or risk of infection. ask your doctor about juvÉderm® xc. >>> youtube is about to send copyright offenders back to school. ♪ >> eric: are you enjoying that? i didn't think so. if you get caught trying to post a copyrighted video you will lose your ability to post anything on the site. then you have to pass a quiz on what you learn. the goal is to get people to fi think twice. >> a network has made a decision that will come as shock. two best known soap operas are being cancelled. all my children goes off the air this fall. one life to live will end in january. the decision was, q

eric was gobbling up shakespeare, writing papers on the king and mike -- macbeth, and he would write the most amazing apologies. so, you've got a kid who acts up sometimes and gets in trouble, and then when he explains himself and shows the utter remarks he quotes shakespeare, you know, when he's talking and he learned a similar thing with the king you to give a kid like that a lot of latitude. you've got a brilliant kid who seems to be doing well. sometimes he gets in trouble and acts out. they knew they had a problem child, but what kind of parent things he acts of sometimes, i wonder if he's considering mass murder. >> host: did susan and tom klebold recognize anything in dylan? >> guest: a recognized depression. they knew that he was depressed. they had no idea how bad it was, that it was that extreme. but they did know he was a recital. he talked for two years about suicide. they also knew they had a really shy kid and that he had been shot a since he was a little kid, painfully shy, and when he went to high school he felt like a fish out of water. he had been in a drift to the

eric? >> sue, thank you very much. >>> 5:54. gas prices going up again. here is bloomberg jane king with the moneyscope report. >> good morning.riple-a puts gas prices over $4 a gallon on average, in six states, including california with other states close behind. look out if you are traveling on the this week. price is more than $5 at a station in the nation's capital. almost as high near yosemite national park and san diego, too. possible progress on settlement between bank and state attorneys general investigating how the banks are handling the foreclosure. they tell bloomberg they reached agreement on some terms but are arguing because the banks are refusing to reduce size of mortgage that homeowners owe. subway is getting healther. "usa today" says they are cutting sodium in the entire sandwich line by 15%. compared to 2009. at the new york stock exchange, i'm jane king. >>> the proposal to allow the tower portion of the san francisco fairmont hotel to be converted to condos has been rejected forcing owners of the historic hotel to consider selling it. the "san francisco chronicle" reports that investors needed green ligh

jane king is live at the new york stock exchange with the moneyscope report. good morning, jane. >> hi, ericboy, apple never ceases to amaze. it's blowing away analysts' estimates with surging sale of the iphone in the second quarter. apple had more than 18 million iphones in three months. ipad ii sales were strong and they couldn't make enough of them to meet demand. if they had, results would be even better. losing exclusivity for the apple iphone did not hurt at&t. people are signing up with it, as it offers promotions and new devices. on the heels of yesterday's big rally, we have got well, a muted higher open today. the market is closed tomorrow. a lot of people took off yesterday for a long, even longer holiday weekend. there is how the market is shaping up. silicon valley index is higher here today. lastly, jennifer anniston and adam sadler to kickoff the premium film service. beginning today, the subscribers can get 48-hour rental of "just go with it." that is ten weeks after the movie theatrical release. directv say they may consider lowering the price if subscribers don't embrace t

bloomberg's jane king is live at the new york stock exchange with the moneyscope report. jane, good morning. >> yes, good morning, eric. rough day yesterday. but a brand new day today. we're a little bit higher. we have a ways to go to make up for losses yesterday. we are seeing stronger than expected results from goldman sacks and johnson and johnson. it is helping give us a list. the santa clara based intel reports the quarterly report after the close. comments from the treasury secretary tim geithner. he did an interview with bloomberg and said the u.s. will keep the triple-a credit rating. gold this morning hit another record high in trading earlier today. trading just under $1,500 an ounce. we have weakening dollar. it is sending investors out to look for a terntive to currency. gold is the favorite one. after the s&p 500 said growing risk the u.s. will default on the debt. now the stocks did tank yesterday on the warning. different day this morning. we are higher across the board. bloomberg silicon valley index is -- [ inaudible ] apple is suing samsung for galaxy products saying they were designed to copy their

. >> eric: walmart gets back to basic and bernie madoff is hoping to teach ethics classes. >> kristen: you can't even say it. here is jane king with this morning's money scope report. >> walmart adding thousands of more products. retailer launching a campaign next month, return to basics and easier price matching. average price for a gallon of gas surging 20 cents to 3.76. latest survey says crude oil futures, prices are going to go up more. if you are leaking for a plane ticket it might pay to shop around. they are offering discounts, sometimes available for only a day. u.s. airways, they tested the fare hike. bernie madoff has been approached to teach ethics classes. he commented it in an interview with financial times. >>> the hunt continues for the killers of a popular oakland restaurant owner in the city's fruitvale district. they marched along international boulevard to honor jesus campos. police say campos was shot during a bombed robbery attempt when he opened his restaurant on friday morning. >> this is one of those, got to do our job. we have to put these people away. >> he was a business leader in the district. he

eric? >> megan. thank you. >>> now 6:19. coming up, the san jose sharks fell way behind but make an improbable comeback against the l.a. kings if never in my lifetime did i think i could walk 60 miles in 3 days. 60 miles in 3 days-- i can do that. 60 miles compared to what a cancer patient goes through is a walk in the park. from the moment i registered, people started immediately supporting me. we had an outpouring of-- of support. i wanted to do something bigger than myself. the 60 miles-- it makes a statement. i know i'm stronger than i was before, both mentally and physically. i walk with my sister. our relationship has gone to a whole new level because of training together. you meet the most wonderful, inspiring people. i knew that there was something really special about this event. when you accomplish those 60 miles, it's truly life-changing. it was three days of hope. of love. of empowerment. it was three days the way the world should be. here i am, second year in a row, and i'm already signed up for next year's. (man) register today for the... because everyone deserves a lifetime. >>> 6:23 on wednesday morning. the

eric? >> megan, thank you. >>> 5:53. >> more americans looking to make lifestyle changes in the wake of rising gasoline prices. here is bloomberg's jane king oil prices highs not seen in roughly two-and-a-half years is something we will continue to keep an eye on, especially as it trickles down to higher price at the pump. recent survey from auto trader.com says two-third of car shoppers would consider buying a fuel-efficient car. they say they plan to cut back on eating out due to higher cost for fuel and they are reconsidering the summer vacation plans. shifting gears toyota says the north american factories will suspend work for a week starting may 30. still struggling with a shortage of parts following a crisis in japan. the earthquake and tsunami expected to hurt apple. since it's a hub for apple component from the glass to touch screen device for batteries they may give a dismal forecast this afternoon when reporting earnings to investors. at the new york stock exchange i'm jane king with the bloomberg business report. >>> 5:54. about 5:55. in japan authorities are considering restricting access to evacuation zone around the crippled

eric holder blamed this from going forward in the u.s. but he says it's time to move on for the victims and their families. >>> a gory package addressed to congressman peter kingas been intercepted. the package contained a bloody pig's foot. it never made it to the congressman because it was screened for security risk. there was a note inside the package that contained "anti- smell testic ramblings" and referenced hearings that kings held on the muslim-american community. >>> 8:15. new at this hour, president obama is behind closed doors meeting with key members of congress trying to prevent a government shut down. alison burns is live in our washington, d.c. newsroom with the very latest. allison? >> reporter: dave, they are trying to strike a last-minute deal before the government runs out of money on friday night. but house republicans are so pessimistic about it, that this morning they are circulating this pamphlet to hill staffers about what to expect in a government shut do you. now, this is a look at the white house this morning on a rainy morning here in d.c. inside, president obama and top democrats and republicans are talking about the fate of the fe