. >> but fires expected to burn for years were out in eight months thanks to farley and his firefighting army. when you look back at occasions in the 20th century had the good guys won, the fires of kuwait will surely be on the list. >> when we come back a mystery that took years to solve. why did oil covered birds keep showing up on the san mateo coast. >> last year you saw major news from overnight. >> right now police are searching for a gunman who served fire on officers. >>> late breaking details. >> in the deadly dog malling case. ktvu spoke to the grandfather if a jail house interview. >>> a pickup truck was flipped over to its roof. >> this is ktvu, channel 2 news in the morning. . >> in 1998 wildlife organizations and the coastguard had a mystery on their hands. birds were showing up covered in oil and no one knew where the oil was coming from. >> reporter: at first glance today drake's bay in the point reyes national sea shore was as glorious as ever. walk on the beach oil glob you'lls were scattered across the sand by whom, from where? no one seems to know. >> they had a helic

alanah straight to business news to charlemagne farley who joins us now in the studio. i'm great for the. we've got. the biggest issues get voice ceased to face with the news makers. and i welcome to the business program here on alexei i'm charlotte lehmann's they say all secrets come to light russians present dimension rejuvenative assigned a law preventing insider trading the new law clarifies to define such concepts as insider information market manipulation of its insider trading is an offense in most financial centers but until now the law has never been possed pasta first hearing in russia they won't take effect immediately the rules come into effect six months time after publication. the government says they will offload shares in state companies even if the budget doesn't need the money it's announced it will sell eight major companies which is fewer than expected and the earliest date for a sale will be next year economic development said privatisation would help build a competitive economy but the would get does that it should. be companies you post banks and

is losing its status around the world but first for that we'll talk to charles farley has got the latest business news good morning so what i would offer us this hour oh well for the first time since the beginning of the year low rates in russia are on the rise it's also the government warned the rights were too low given the risks in the economy we have details later in the program but first this hour is terry assumes robert dudley then headed to pay fled russia also to speak to the russian shareholders on tuesday he was declared the new boss of b.p. taking office and october and in a final twist the outgoing chief tony hayward may return to russia as a board member of. the united unfed of reports. robert dudley has already earned his created for handling of the gulf of mexico oil spill the gulf represents one third of the company's oil and gas was and refineries and he's experienced in russia way to keep b.p. generates about a quarter of b.p.'s revenues and he should be well prepared to take over the whole company where she's likely true means central to b.p. strategy with analysts dis

a few weeks ago, lee farley of richmond was shot and killed during an argument outside the club. it was the second fatal shooting there in two years. the port plans to terminate the club's lease on august 18th. >>> a homeless man in placer county is behind bars after police say he broke into a bar that had been shut down, told people he was the new owner and began selling drinks. 29-year-old travis faces charges of burglary and selling alcohol without a license. he put an open even in the window the -- sign in the window and spent the next few days selling drink to customers and made $1400 during his four- day stent. >>> a mother and child were sen rated at a -- were separated at a light rail station earlier this month. the mother who happened to be on a vpa train said she realized her toddler daughter was not with her and alerted the train operate. through the surveillance cameras it allowed the cameras to spot the girl. they could see she was okay. the train was given permission to go back and the two were safely reunited. >> he very happy reunion the we want to check in with s

interesting governor, governor wrecking ball, a human bu bulldozer and my favorite, he may look like chris farley, but in terms of policy he's as sexy as christie brinkley. >> we're treating the people of new jersey as adults. we are in awful shape and we need to get it together. >> that includes taking on head on what are normally some sacred cows -- unions, teachers, cops. any regrets about the cuts? are you worried that a year or two from now the cuts may come back to haunt the people of new jersey? >> my regret is we didn't deal with it sooner. all the cuts are tough. in a perfect world i wouldn't want to do them. i'm in a state where i have an $11 billion defendant on a $20 billion budget. >> you took on the teachers union. you said to teachers, you may have to take a pay freeze for a year, pay for your own health benefits. you got into a heated exchange at a town hall meeting. take a look. >> -- from my education and my experience. >> well, you know what, you don't have to do it. [ cheers and applause ] >> the simple fact of the matter is -- >> teachers do it because they love it. >> the si