second quarter, holliday to livingston, back to holliday. brother drew keeping his team in it. now, late fourth quarter, ply -- pelicans up. and more around the nfl at 6:00 right here on abc7. see you then. tough way to ended for the 49ers. a lot of questions in the offseason. >> we can enjoy the warriors' nail byter,. >>> up next, the pet paradise helping people get over right here in san francisco. whether it's helping local businesses like the fruitguys grow and prosper, supporting nonprofits like juma ventures as they fulfill their mission or helping neighborhoods like the tenderloin become vibrant communities. if there's a way to help the people of san francisco thrive and succeed, we'll find it. that's the power of local connections. that's bank of america. >>> coming up at 6:00, crews are hurrying to clean up storm damage from last week as another round of rain approaches. we'll have a live report. >>> the new state senate leader eliminates an oversightsight group that finds critical problems in state government. >>> the first on-airport boarding facility for pets is now

and we begin with shelby holliday. it was a dramatic ended to a hostage situation in sydney, australia. >> australian police confirmed that three are dead and 4 injured after the 16-hour siege in downtown sydney. the victims included 2 hostages, 38-year-old man in a 38-year-old woman. and the gun man, a 50-year-old man. in a news conference that 17 hostages total had been accounted for. we found out that a police officer suffered a non-life-threatening loan to the face -- wounded to the face that we don't have information on his injury at this point. >> how did the situation unfold? >> the crisis came to an end after heavily armed police lint chocolate cafÉ

shelby holliday joins me with more on that story. prices creating a win-win for the consumers and for cosco as well. >> the company reported a 17% rise in courtly profits. -- quarterly profits. when oil plummets, costco benefits. costco buys in bulk. they buy very large quantities of oil. they purchase from a number of refineries. one of the analysts told me virtually every refinery in the country. they are buying gasoline 1-2 weeks earlier than many of their competitors and that allows them to capture high margins. they don't have to lower prices when the corner store lowers prices. >> a nice bump for costco. do investors have the long-term vision on this? >> there are two answers. they do care. they talked about it a lot. when gas prices fall, that is the best in terms of profitability. what investors fully care about is the gas business overall. costco is such a smart buyer of gas. they have the lowest gas prices in the country. when drivers come up to the store when the store is open, 50% of them go inside to bible items. -- to b

shelby holliday tells us about one retailer that plans to sit out the holiday price wars. those stories are coming up, but first let's get you to the top stories at this hour. john stump says the u.s. economy will grow faster next year than economist estimated to. his comments this morning run counter to a bloomberg survey of economists who believe that growth in 2015 will be in the 3% range. >> since we are so involved in the real economy we have been hearing from customers about more hiring. our small business survey shows more optimism by them now than any time since 2008. while we do not expect next year , we arebreakout year planning to upper end of the expectations for next year. >> mr. stump says that automobiles, agriculture, and commercial real estate are among the industries doing well. fannie mae and freddie mac will be letting borrowers put down as little as 3% of the homes cost to get mortgages. starting on the 13th, fannie mae will allow the lower down payments for first-time homebuyers, allowing borrowers refinancing to reduce their equity to 3% to cover clo

and we begin with shelby holliday. it was a dramatic ended to a hostage situation in sydney, australia. >> australian police confirmed that three are dead and 4 injured after the 16-hour siege in downtown sydney. the victims included 2 hostages, 38-year-old man in a 38-year-old woman. and the gun man, a 50-year-old man. in a news conference that 17 hostages total had been accounted for. we found out that a police officer suffered a non-life-threatening loan to the face -- wounded to the face that we don't have information on his injury at this point. >> how did the situation unfold? >> the crisis came to an end after heavily armed police lint chocolate cafÉ good gunfire rang out for about 30 seconds after several hostages escaped with their hands up. not seenn who was leaving the building, the suspected gunman, identified as s.n haron moni he is a self-professed muslim cleric with a long criminal record. he was connected to the murder of his wife and charged with more than 50 counts of sexual assault. prior to the host

conspiracy. >> stuart holliday, thank you very much. we appreciate your time and expertise. >> thank you. >> now back to the story where we started fox top story, the nypd reportedly investigating more than a dozen threats of copycat attacks now, after the killings of those two police officers in brooklyn over the weekend. we're expecting the new york city mayor and police commissioner to speak live soon. >> we'll bring in a former new york police inspector to talk about all of is -- all it as the news breaks. stay close. you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they could help pay some of what medicare doesn't, saving you in out-of-pocket medical costs. you've learned that

when you hear billy holliday sing that, what do you hear?- hard to talk about, huh? there is a woman who suffered so much in so many ways from her circumstance, from the situation of many things, from being a woman, from being a woman of color, from addiction, from a kind of, you know, not being -- extremelyit ended badly. and you see this happening with artists, female artists frequently. you know, you ask like, why? why did this beautiful woman self-destruct in the end? what were the things that caused her to disappear tragically at quite an early age. she was in her 40s, you know. i've looked at youtube clips and her face and wondered if -- what happened. it makes me sad, and i feel that i want to kind of be standing shoulder to shoulder with her. if she was here, we would have a lot in common. there would be a lot of things that we could talk about. >> like what? >> like female empowerment. women's rights. bigotry, racism. there's so many things we could talk about. we could talk about lipstick, too. we could talk about clothes. we could

shelby holliday tells us why printing -- plunging gas prices are a win-win for costco.

and we begin with shelby holliday.

holliday. this attack in pakistan so heinous and the numbers so staggering that today it somehow changes the way pakistan treats it, handles their tactics against the taliban? >> two questions, one is this so heinous that it's a tipping point in their intention? yes. this was the worst attack in recent memory, it's not a new attack. but the scale and the scope and the fact that this was targeting children in the military means that there's going to be a major push, a major offensive. the challenge is what are the options for pakistan's army? they've been at this for a while, they're going to keep pushing in the tribal areas in waziristan, but there's also topography, the people are spread out and they can move around. so they're going to be full-on, but the question is how effective are they going to be in stamping this out completely. >> well that is the question, you say that they're going to be full on, does that suggest that up until now, they have not done a full sort of scorched earth pol

holliday you gonna do the light show catherine. whittle in the new year's show together get our way catherine and i will be doing the holiday since the new year's show together. >> gary: tighter at all better round today 5 over 77 is set shot 70 today but right now i still a last place. but tigers come back a little better today be still in last place. no. 1 stanford and no. 1 florida in boca raton florida state would jump up to zero want enough then lead scoreless for 29 minutes and the second half stanford had a great chance but the defender kristin crowley just back in the nick of time the seminoles will phase in virginia for the national title been used to nothing for stanford. >> gary: or reminiscing today next week will be on last show in this building after 30 years will be moving to a brand-new facility. >> reporter: will start up with mitch you don't think there will be violence at the 40 niners gained 49 raider's gain game..... what >> gary: why would to take any sensible athletes would say your sticking up for your team.

shelby holliday of bloomberg, thank you so much.dropping oil prices, consumers are buying more cars, perhaps. car sales are at an all-time rise ofnovember, a almost 5% last year. one automobile dealer says they have a plan to increase sales even more. rolling out their new service called smart choice express, an online service that allows customers to pick a car and finish their paperwork at home before picking it up at a local dealer. joining us to explain how this new digital storefront will work is mike jackson of automation. mike, great to have you back. >> good morning, pleasure to be here. let how is this different from the other sellers that i see online? like cars direct? >> the third-party providers attract traffic to their sites but then generate leads. they sell the leads to multiple dealers. it is just a different way of marketing, but you ultimately end up back in a very traditional process. i think that the customers are very unhappy and dissatisfied with this disconnect between their online experience and their in-sto

holliday told me this were able topeople buy $50,000 audis for $27,000.ed, the severe, you get extreme deals. click they were able to up the price 40-50%. >> a quick check on futures this morning on the back of the fed. the top story in the opening bell is next. ♪ >> bringing you the most important stories you need to know before the bell. number one, we have to talk about the fed. janet yellen pledge and -- pledging the banks will be patient when it comes to raising interest rates and will likely keep rates near zero. remember, we were talking about this a few days ago. bloomberg put out a survey among economists and they hinged on that word, patients. something was brewing in the market and there you go, in the release, that was the word. >> on surveillance this morning, he made a great point that this kind of trickle-down monetary policy, if you will, takes time. the big mistake, from his point of view, would be to take their foot off the gas now. these things, the benefits are finally tricking -- trickling down to people who are not rich stockmarket i