ibm beat the street by a dime per share. revenues also came in stronger than anticipated, and its 2011 earnings guidance was strong. boeing clarified a previous delay for the 787 dreamliner. look for the first delivery in the third quarter. in november, boeing postponed delivery after an electrical fire and power failure suspended test flights for a month. but the fact that boeing didn't delay the plane beyond this year was greeted with relief buying. with this 3.5% jump, boeing led the rally for the dow. speaking of boeing, true blue is a big provider of temporary workers for the airplane maker. deutsche bank raised its price target on the stock, thinking as boeing's business picks up, so will true blue's. shares jumped 2%, shy of a new 52-week high. delta stock hit some turbulence, falling 8%. shares have been trending down since november. shares are down to their lowest price since october. the jump in october came on stronger third quarter earnings. that didn't happen this time, though. earnings were disappointing, even

one big one up it is ibm. ibm earned $1 billion more than the catalyst expected. another company reportinghu

. >>> ibm reported stronger-than- expected earnings this afternoon could revenue rose 6% to more than $29 billion for the fourth quarter of 2010. net income was up 9%. ibm said it saw strong sales of mainframe computers and business software especially in emerging markets including brazil, russia, india, and china. >>> boeing and caterpillar helped provide an abstract, the dow closed 50 points higher. >>> there is a shakeup on bay area radio dials. a classical music station has moved from one of 2.1 fm to 90.3 fm. under its new owner, it will shift to a classical public radio formats. the university to the career station, kusf, which broadcasts on 90.3 is now online only. the box will move to one oh two -- 102.1. >>> comcast will take over nbc universal and pay nearly $14 billion for 51% stake. the federal communications commission to attach some limitations. they must make nbc programming available to its cable competitors and to legitimate internet cable providers. comcast must also give customers the option of buying high-speed internet service separate from cable tv. >>> there may

ibm says they'll find out.ltion yorn he new >> that's very cool. in that dry run, watson was in the lead with 4,400 bucks. we'll see that match on 3q it's a beautiful day inside when you use lysol neutra air fabric mist. it kills 99.9% of bacteria on soft surfaces and eliminates odors at their source better than febreze. so now a fresh home is the sign of a healthy home. for tips on a healthy home, visit lysol.com/missionforhealth. >>> remarkable recovery. >> yes, miracles happen every day. >> even more encouraging signs in gabby giffords' hospital room. >>> important lead. what tucson police discovered and why it's important to the shooting investigation. >>> and dangerous doses. serious new warnings about some very popular medications. >>> it's friday, january 14th. >>> good story coming up in this half hour, too, if you're mixing medications. something you want to keep an eye on. too much of it may not be good for you. >> i think it's common knowledge, most people know at this point acetaminophen can cause l

. >>> well, apple zings, ibm kicks, and boeing slides.our early morning business headlines are straight ahead. plus, seems like he has been around forever, but you just can't take him for granted any longer. >>> coming up, more bad karma for lebron and the heat. one tennis player giving new meaning to flying off the handle. you're watching "early today." >>> good morning, and welcome back to "early today." i'm lynn berry. >> two men are facing federal criminal charges for allegedly discovering a security loophole on at&t's website and stealing e-mail addresses and data from more than 100,000 users of apple's i pad. those affected by the breach included military personnel, members of congress,ç and high profile media personalities. >>> a judge in haiti is deciding whether the president will be tried on charges, including corruption and embezzlement. devalir made a shocking surprise visit and returned to haiti earlier this week after 25 years in exile in france. >>> friends and family are mourning the loss of sergeant shriver this morning.

. >> tom: absolutely. 24 hours ago we had block wus buster tech earnings from ibm and apple, but that didn't help out today's market activity, s you uzie. let's roll out tonight's market focus. >> tom: the major indices fell from their post-recession highs, with the materials and financial sectors leading the losers. let's begin with financial stocks. a handful of big banks turned in earnings, putting pressure on the sector. goldman sachs led the way. fourth quarter profits were a little more than half what they were a year ago. investment banking and trading revenue fell. looking closer, goldman saw fixed-income, currency and commodity trading revenues plunge 48%. marketing making revenues were down 43%. market making is when goldman trades on behalf of its clients. principal transactions, or when goldman was trading its own money, those revenues were up 50% in the fourth quarter last year. goldman sachs stock shed almost 5%. volume was three times its normal pace. after the drop from its april high, down to the july low, shares have been trending higher since july. tonight it is at

if watson wins ibm is planning to give the money to charity.again that contest will be february 14th through the 16th. >> i want to see how that contraption does against robo duck. >> there's a match up. >> i thought jennings was a machine. >> he was close. >> very close. harbaugh had stanford running to the top but making a strong first [ male announcer ] nature is unique... pure... and also delicious. like nature valley. granola bars made with crunchy oats and pure honey. nature valley -- 100% natural. 100% delicious. you can make a big difference. did you know that by march 1st, more than $50 million can be earned by schools just like yours! buy participating products now, to earn your school's share of more than $50 million! shift your weigh left foot. take the right leg up, holding the inner arch of the foot... introducing instant action alerts, only from chase. left arm up... manage your account and help avoid overdrafts with a click of a button. just reply to the alert with how much you want to transfer. inhale, all the way up... so you

. >> there are no guaranteed jobs, not in the government or at ibm.first started i thought i worked at ibm and had a job for life, but that's not true anymore. >> that's why the extra emphasis is on networking. the students are visiting starts ups and large companies like google and facebook. >> for guys like this, their final is money. for them to take an hour away from their day is a big deal. >> at tonight's mixer in mountain view, potential employers were also invited, and those who showed up didn't comemptynd thated. >> we are certainly hiring. we have seen a big pick up from last year as well as into 2011. >> 2011 is supposed to brung job growth to the -- bring job growth to the valley. 7,000 new jobs may be created by 2015. >> it is a hotbed for new ideas. and there is something like an economy boom coming. >> still the mit leadership insists they are not meant to take away any opportunities from the local business school students. but it may create some healthy competition. in mountain view, lisa amin gulezian abc7 news. >>> three crew men on

ibm manager of the shopping center in san francisco. we have this plan that they proposed which is fine. we did not know that we were the only commercial there. the problem lies very simply that a major shopping center against a small 25,000 square foot shopping center will probably put us out of business. they're trying to put in a road from us from 19th avenue and we really thanked them for that and appreciated that. if the state agencies to not go along with putting in a road for our survival, that is our lifeline. 40% of our business is walking in traffic that comes from san francisco state. this will be right across the street from san francisco state. power shopping center is unique and the reason is that it is individual family found businesses, this is not corporate america. these people took out money against their homes, business loans, with the opportunity to go in there and serve that community. we want you to keep us in mind and have a solution to protect us just in case that road is not come in. thank you. >> thank you. >>

i stood up to ibm so i can stand up to everybody. the name iran is an ancient name that goes back thousands of years. and the swastika is actually an iranian or persians symbol. it is backwards but it came down -- in the nineteenth century, there was -- at want to make it clear, in the book we indicates the roots of the swastika but you see it in ancient pottery of the iranians. around the nineteenth century there was a mixup of the word and the scandinavian this thought that they were the actual ariane's. this fake aryan race called to exist which was medicalized by the rockefeller foundation and the carnegie institution and henry ford into the concept of eugenics. i wrote a book called war against the weakened. does the world recognizes this? no. derecognize it? yes. another question? yes, ma'am? >> do you remember what was the name of the person in croatia famous for having in his office a basket of human eyes? >> the woman said do i remember the name of the guy in croatia who had a basket of eyeballs in his office? that is referr

not in the government, ibm. when i started i worked for ibm and you had a job for life but that's not true anymore. >> the emphasis is on net working. the students are visiting start-ups and large companies like google and facebook.com. >> for guys like this their time is money. for them to take an hour away from their day is kind of a big deal. >> 2011 is supposed to bring job growth. 70,000 new jobs may be created here by 2015. >> a hot bed for new ideas. when ever there is an question boom, you come to the silicon valley -- >> the leadership in insists it not to take opportunities from business students but may create healthy competition. lisa amin gulezian, abc 7 news. >> netflix is getting a button on remote controls. panasonic, sony and other electronic companies will begin selling remotes with netflix buttons. it will bring upstreaming service on internet, connect tv's and blue net players. using just one remote as opposed to the four many of us use. they will hit stores this spring. >> i can set up a uni

on display are things such as an abacus, one of the first apple computers, ibm machines, and other prototypes. the. >> that is our report for tonight. i am gasia mikaelian. our coverage continues on ktvu.com and with our 10:00 news. "tmz" is up next right here on tv 36.

articles i was subjected to a massive intimidation campaign, which means nothing your i stood up to ibm so i can stand up to everybody. the name iran is an ancient name that goes back thousands of years. and the swastika is actually an iranian for persian symbol. i'm talking about, it is backwards. but it came down through the years, okay? now, somewhere in the 19th century there was -- i'd like to take it clear that in the book we indicate that the roots of the swastika, what you see in ancient pottery of the iranians. around 19th century there was a mixup of the words, and the scandinavians thought that they were the actual ones come and this allowed this fake aryan race called to exist which was medicalized by the rockefeller foundation and the carnegie institution and henry ford into the concept of eugenics, which also wrote a book called "war against the weak." does the world recognize this? know. do you recognize it? yes. another question. yes, ma'am. >> do you remember by any chance what was the name of the person in croatia, was famous for having the office basket of human eyes?

this morning an ibm supercomputer named watson had its first practice round against ken jennings andrad rudder. he was in the middle there, you can see the computer monitor. it finished with ahead of jennings and rudder with $1200. the real con7-day forecastll sair rightere abc 7 from february 14th through 16. or lose, watson represents a landmark of human language. usu usually you can psych out the opponents but not watson. >> i wouldn't even go up against that computer. i'd be like so nervous, too embarrassed. >> i'm afraid i'd look pretty foolish. >> you are unstoppable. >> no, no. >> it was dry when i went outside for a moment today and now it's just comin' down. >> it's rain ping a lot here. in fact, we'll show you that in a second. firs grand rapids, michigan, video where they're playing chess. yeah, take a look as residents turned an ice rink into a chess game. the ice is painted like a checkerboard and every chess piece is sculpted out of ice. here's a look at the bay bridge, excuse me, the golden gate bridge. you can see the wet weather still falling here and let's take one

hewlett-packard, ibm and intel plan to contribute hundreds of millions of dollars to the startup americanrtnership. the president highlighted the program in last week's state of the union which helps entrepreneurs start businesses and helps them grow. mr. obama and supporters believe the effort will help stimulate the economy. one of the partners intel says it found a design flaw in a recently released computer chip and the recall is expected to cost $700 million. it stopped shipment of the chip code named cougar point and has developed a fix. intel says the problem will reduce revenue in its first quarter but overall revenue outlook still looks good. >> the next phase of san francisco central subway project gets underway today. construction crews are relocating underground units in the union square and market square areas. parts of stockton street will be closed much of the day and two lanes open from 3 p.m. to 7 p.m. during the week and from 10 a.m. and 5 p.m. on weekends. that work is going to continue until june 2012. the $1.6 billion project extends metro service from south of market

computer giant ibm. but in the japanese market it has lagged behind domesticmakers. meanwhile, nec is looking to raise its profitability. the firm has kept the top market share in japan for many years. but intense competition from u.s. and taiwanese makers has led to lower profit margins. >>> theflt of carbon credits by hackers has forced the eu to suspend its trading system. it's raising doubts about the credibility of the emissions control mechanism. the eu said on thursday that it will shut down its emissions trading scheme affecting about 20% of trading. the decision comes after a series of illegal entries to the system resulting in thefts of carbon emission rights worth about 28 million euro. rights have been stolen in five countries, including the czech republic and austria. eu's steam has preset ceilings on emissions. this allows companies that have cleared them to sell their excess rights to those that need to emit more. about 12,000 firms based in the eu take part in the market which boasts the world's largest trading volume of about $120 billion. newsline i

hewlett-packard, ibm and intel plan to contribute hundreds of millions of dollars to the startup americanrtnership. the president highlighted the program in last week's state of the union which helps entrepreneurs start businesses and helps them grow. mr. obama and supporters believe the effort will help stimulate the economy. one of the partners intel says it found a design flaw in a recently released computer chip and the recall is expected to cost $700 million. it stopped shipment of the chip code named cougar point and has developed a fix. intel says the problem will reduce revenue in its first quarter but overall revenue outlook still looks good. >> the next phase of san francisco central subway project gets underway today. construction crews are relocating underground units in the union square and market square areas. parts of stockton street will be closed much of the day and two lanes open from 3 p.m. to 7 p.m. during the week and from 10 a.m. and 5 p.m. on weekends. that work is going to continue until june 2012. the $1.6 billion project extends metro service from south of market

meanwhile, ibm's impressive earnings helped minimize the damage on the dow. before the bell today we'll find out what effect morgan stanley's report has on today's trade. keep an eye on google's earnings after the bell. ahead of its earnings report next week, american express warned its fourth-quarter profit will miss estimates. while at the same time announcing it will slash 550 jobs. housing starts fell to their lowest level in a year, sending dr horton and henard down 3%. american airline parent amr says it lost less money than last quarter but shares still sank 7%. this morning's "wall street journal" reports the nation's number three fast food chain is planning to sell arby's in order to beef up its expansion of its wendy's chain. keep an eye on ebay after the bell yesterday, the on-line auction site reported healthy holiday sales. and finally, pricey homes may be a tough sell here. but across the pond, a new complex in london is already 60% sold. the ultralux units with priceless city views are going for as much as $150 million. a girl can dream. >>> co

i worked for ibm for 27 years. i search -- i left in july of 1964 and i ended up working on law enforcement and intelligence assistance and helped design the wallet system for the cia and mobile terminals, fingerprint scanners. my frustration and i think one of the reasons i left is that it's almost seemed like a feudal job unless we had the type of equipment needed, so i worked quite a while on that and so i made a call on the secret service because the fbi system could check and we had no way of keeping track of where these potential threat cases were and so they had a new data processing manager to the secret service and so i said why don't you just type the end of the national information center and run the ann curry through and if you get ahead at least you will know where they are and they said gee, that will be an invasion of privacy and after going through the assassination i just couldn't take that so i went into the security side of ibm and i work for the international and you already have the museum up a

i work for ibm for 27 years. i started -- i left in july of 1964. and i ended up working on law enforcement and intelligence systems and helped design the walnut systems for the cia, mobile terminals, fingerprint scanners. my frustration, i think one the reasons that i left is it almost seemed like a feudal job unless we had the type of equipment needed. i worked quite a while on that. and so i made a call on the secret service. because the fbi system could check for wanted people. we had no way of keeping track of where the potential threat cases were. so i -- they had a new data processing manager at the secret service. and so i said, well, why don't you just tie into the national crime information center and run the inquiries through and if you get a hit, at least you'll know where they are. and he said, well, gee, that would be an invasion of privacy. and after going through the assassination, i just couldn't take that. so i went into the security side of ibm. and here in dallas, i worked for arco national. and you already had the museum up and

this morning an ibm supercomputer named watson had its first practice round against ken jennings andrudder. he was in the middle there, you can see the computer monitor. it finished with $4400 ahead of jennings and rudder with $1200. the real con7-day forecast will sair right here on abc 7 from february 14th through 16. the prize, $1 million. win or lose, watson represents a landmark of human language. usu usually you can psych out the opponents but not watson. >> i wouldn't even go up against that computer. i'd be like so nervous, too embarrassed. >> i'm afraid i'd look pretty foolish. >> you are unstoppable. >> no, no. >> it was dry when i went outside for a moment today and now it's just comin' down. >> it's rain ping a lot here. in fact, we'll show you that in a second. first grand rapids, michigan, video where they're playing chess. yeah, take a look as residents turned an ice rink into a chess game. the ice is painted like a checkerboard and every chess piece is sculpted out of ice. here's a look at the bay bridge, excuse me, the golden gate bridge. you can see the wet weather

a big contributor to the last hour rally was ibm. shares ended up just over 1%. volume doubled and tonight's close is an all-time high. telecom stocks led the market, helped by verizon. while its quarterly earnings were a penny below estimates, wireless margins and subscribers grew. it expects next year's earnings growth to double from this year's level, thanks to iphone customers. shares of v-z saw both a volume and a price pop on its outlook. the stock gained 1.5%. among the laggards of the dow-- 3m. shares fell 2% as volume picked up. over the past year, shares have backed down from around $90 per share. the market didn't like 3m's results. earnings were a penny over estimates, but down from a year ago. 3m also raised its 2011 outlook, but lower sales and margins for products like surgical masks and flat screen television parts were disappointing. a couple of big moves off of earnings. tellabs saw a big pop in volume. shares plunged to a new 52-week low. profit margins dropped and its revenue outlook was below street estimates. also seeing a big volume jump wa

ibm and apple report strong earnings last night. apple had dazzling sales of the iphone and ipad during the holidays. the company says it's having a hard time keeping up with demand. asian markets were higher overnight but europe is mixed. we get data today on housing starts and more earnings. we hear from goldman sachs and wells fargo. stocks shrugged off disappointing numbers from citigroup. the dow rose to 11,837, the nasdaq to 2765. restaurants could benefit as food prices at stores rise. higher supermarket costs are driving people to restaurants. which saw business drop during the recession. americans prepare 72% of meals at home but spend nearly half of their food dollars at restaurants. supermarkets are faster to pass on changes to consumers than restaurants which tend to lock in prices for key items. you can pay for cash, credit or your phone. starbucks is rolling out mobile payments starting today. you download an app for the iphone or blackberry and it displays the bar code to scan. starbucks is working on a similar app fo

apple also made nunes on earnings front, beating analysts' expectations again as did ibm and chip maker intel. citigroup missed earnings predictions while goldman sachs came in ahead. wells fargo matched estimates. general electric, the parent company of the company that produces this program came in ahead of analysts estimates. it was also announced that ceo jeffrey immelt will chair president obama's new economic advisory panel. >>> jon corzine occupies a unique perch from which to view the country and the economy. he joined a legendary wall street firm, served as senator and is current ceo of mf global. good to have you on the program. >> good to be here. >> thanks for joining us today. president obama's meeting with chinese president hu and the american business leaders. are these meetings in your view largely ceremonial meetings with greater opportunities or are we actually getting things done? >> i think the culmination of a lot of hard work that prepares readers for more ceremonial conclusion of the work that is ongoing. but they're absolutely necessary. the fact is that china's

. >> in this case right now ibm has a bid of $126.35 and is offered at $126.37. so someone is willing to pay at $126.35 and someone is willing to sell at $126.37. >> so when the bid was only 126.35, the offer, was only 126.37, that's only a 2 cent difference, is it really that significant? >> yes it is, because sometimes those who are bidding and offering are bidding and offering on large amounts of shares, so this one share i'm buying, oh, it's 2 cents. but if it's 10, 20 or 30,000 shares then that 2 or 3 cents adds up a lot. >> sometimes to millions of dollars. >> here's two more definitions. if you believe the market is going up, you're a bull. but if you think the market is going down, you're a bear. >> investing in stock gives you the chance to partner with some of the greatest business people in the world. >> i don't know bill gates, i have never had the pleasure of meeting warren buffet but guess what? through stock ownership i can profit and benefit from their ideas. >> but investing involves risk. unlike savings in a bank, with investing you can lose mon

their profilesby making big ticket acquisitions - like lenovo (pronounced luh-no-voh) which bought ibm's think pad and now geely (pronounced gee-lee) which recently purchased volvo. >>spencer: there's a logic to that, that seems to be: can we appropriate marketing sophistication; or can we appropriate an existing relationship with consumers in another market. >>reporter: but as the best connected chinese brands develop and expand internationally they will lose a protective umbrella that has served them well: the power to often stifle online criticism. in china, a whole industry has developed to erase unflattering comments. but the culture is very different on the otherside of the great firewall. >>the head of branding at one of india's leading corporations, infosys, says scrutiny is now unrelenting. brands that cover-up or don't keep their word, do so at their peril. >>nath jha: you remember that sting song: every breath you take, every move you make, every smile you fake, i'llbe watching you - every company is being watched by all its stakeholders. and every misstep you make will be cau

ibm a couple of years ago say sorry. we sent the equipment to nazi government. and that they use it for holocaust. i remind you second thing, american during the cold war, they don't -- they don't want to involve with soviet union because they called it an evil empire. we cannot share our business, our interest, our money, our technology with soviet union. but what about today? china communist regime. that's. thank you. >> thank you, harry. our final speaker before we go -- before we go to questions will be reggie littlejohn who's founder and president of women's rights without frontiers. he has been a true leader in trying to bring the focus on the gender side issue to china and i would like to now yield to her. >> it's an honor to be a part of this panel. and i want to give my thanks especially to congressman christopher smith who has been tirelessly advocating and sometimes very lonely on the policy on the hill. when this policy ends and i believe it will in our lifeti s lifetimes, the name of christopher smith will always be linked to that victory. this is a

an ibm computer program to play "jeopardy" beat two of its best champions ever thursday. it was a warm-up for a tournament that will be televised next month. the computer called watson has access to 200 million pages of information including encyclopedias, books and movie scripts. >> scary, huh. if you want to check out the tell viced broadcast of that episode of "jeopardy," february 14th through 16th to watch the end of mankind. >> yeah. >>> coming up next on this friday morning, camelot goes online. rarely seen photos and papers from the kennedy era for everyone to see. >>> and subway scare as a rat runs loose on the number 4 train. my name is rachel robinson. i am a banker with quicken loans. this is kathy, who i helped do her first home loan, and this is her sister tina, who i also helped do her first home loan. it was unbelievable how well it all fell together. kathy said, "well, let me give you rachel's number." easy. easy. easy. the whole loan process was simple and convenient! that's why i love quicken loans! [ male announcer ] and you'll be glad to know j.d. powe

"but i do have a webcam and my dad's old ibm laptop. "i can just post you this video of the song.ing to be pretty bad quality." ♪ ♪ no there won't be christmas for me this year ♪ and so i checked the next day... i had 30 views; i was ecstatic. and, like, three new comments... "wow!" you know? and that motivated me to post more and more and more. youtube handpicks videos to be featured on the front page, and that's what happened. i remember it was on my birthday when it got featured. i came back home after my birthday dinner and there was 3,000 new emails in my inbox, you know? i said, "what is going on here?" and all of them were from youtube one email came through and it read, "we manage the white stripes, the shins, m.i.a.," and, you know, all these crazy artists that i'm a huge fan of. and i went: [gasps] [laughter] and, you know, "we would like to exchange contact info, and we're interested in flying you out to l.a." and so i did, about a month later. and...yeah, i think this was last year. beginning of 2008. that's crazy. yeah, it is pretty crazy. do you think you would have

expect reports from apple, citigroup, delta, ibm and ebay. last week strong profits from jpmorgan chase and intel pushed stocks higher. the dow rose 55 points while the nasdaq climbed 20. we'll see how well the housing market is doing with reports this week on home construction and existing home sales. wall street will also get fresh figures on weekly jobless claims. last week claims rose after retailers let go of temporary holiday oh. and it was bittersweet for this chocolate factory as cadbury made its last chocolate bar in england. it was an emotional day as factory shut its doors after 92 years. american food giant kraft bought cadbury last year. it will continue to make chocolate with the cadbury name, but from a factory in poland. and that's your moneywatch. for more, head to cbsmoneywatch.com. in new york, i'm alexis christoforous. >>> don't you think it's time for an "early edition" road trip? >> i think so. >> that's my hand saying yes! >> a trip to mexico or canada could be cheaper for travelers flying out of sfo. sfo proposes to ch

city group, ibm, apple releasing their fourth quarter results tomorrow as it is a burning season theional association of home builders will release their junior housing market index followed wednesday by the report on housing and the news on the housing front not expected to be good. criticizes developing a new type of electric motor their relies less on rare metals. the new technology will help free them from running on china. a new poll finds that 40 percent of those surveyed says they support the cultural field. just after the november election opposition to it stood at 47. as for repeal only about one in four americans sitting on a door where is a complete and its men's coverage to more than 30 million uninsured americans aboard require that most people in the u.s. court jury health insurance. we will be right back with the kron 4 morning news, weather and traffic in just a few moments. is alive and get side and a foggy golden gate bridge. god is the big story. welcome back, sat in the fog every ago, less an attentive and at the san francisco, oakland quarter mile to oakland in n

a ibm computer is about to show the world how quickly it can have an answer form of a question. the software system is plane jeopardy. it is the practitioner today. $1 million prize recorded later and televise last month next month. jennings won 74 jeopardy games and router run $3 million on the show. we will be right back into minutes, as kron 4 news continues. a live look at differences those guys are brightening. what we can forecast the to austria had.

. >> and the results of the showdown between jeopardy champs and an ibm computer, it's coming up at 9:00 and 11:00. >> opening tomorrow the green hornet in 3 d is an action adventure taken years to get made does it fly? does it leave a sting? >> brit reed is a party animal. seth roguean z brit becomes publisher of a newspaper. kato is dad's former assistant who knows marshal arts. they form a bond. >> we've been wasting our potential. >> and there is guiding a fully equipped car black beauty. the boys bumble along. >> and going after the crime boards. >> and cameron diaz is along in a role. >> the only resemblance blens to the radio show and tv series is the name. and it's loud. and critics choice awards will be presented friday night on vh 1. i don't think the green hornet will be on the list next year. it's goofy but funny. you know seth roguin as a doofis. there are moments when lackluster 3 d can't keep awe wake. there and entertaining so i'll give it a half bucket. >> and it's loud. >> there you go. >> that is this edition of abc 7 news. >> thanks for joining us. >> heechblgt see

it happened saturday evening at brown ibm. witnesses heard seven to eight shots. >> not quite, i still don't believe it. >> labelle was a sophomore located at fremont high school campus and abuse oakland. this spell out their said his he had plans to attend college. about 30 family and friends remembered the teenager in the parking lot where he was killed. they say he was a good kid. and he had a lot of potential. he said his father said the old, will not bury the young. police do not have a motive in the shooting, and so far no suspects are in custody. it oakland all lin kron4 news. >> temperatures right now are getting colder for this evening, we are in the '30's and a lot of places. most locations with that the exceptions of the 36 cluster freezing for fairfield livermore. we will be going below freezing and a lot of places this evening or the east bay valets. going through albany are round a curve, tonight mostly clear skies of like last night, clear conditions and that is going to allow the temperatures to drop and you ca

tech and financial stocks will talk take the spotlight city group is reporting earnings, apple and ibm to report after the close google set to release earnings later this week a number of economic reports many of them at the housing sector they did do about housing affordability, home construction, building permits and some sales. most of the major u.s. airlines will report a profit capping a turnaround year for the industry. to roy giant mattel and nba entertainment are backing court the two companies have been in the year a long legal battle for who owns the right to brat's dolls. there is said to present opening statements today about when the copyright infringement they can run their business and mattel's accusation of theft of trade secrets. a bigger capsulized is coming to starks looked back, they will begin phasing in a roll out of its trent debt cup. which means 30 in a talent will be 31 ounces 50s since more than the 20 dense 20 there will be first introduced in the south, southwest today in california by february 3rd soak the bread to was a big enough to get a bigger one for

strong reports ibm helped on the dow jones, they shed 13 point, the nasdaq down more than 40. >> family members plan to move gabreille gifford giffords to a rehab facility in houston on friday. earlier doctors said she has improved enough to leave the hospital. they caution though she is still in serious condition and as risk for set backs such as infection. because of that the day of the move will depend on her health. six people died in that shooting on january 8th, 12 others were injured. >>> the pima county sheriff revealed video of the shooting clearly shows the suspect firing on the congresswoman and others. it also showed the bravery of the judge who died saving another man. the video has been handed over to the fbi for analysis. >> after 24 years in the senate joe liberman is calling quits. the one time democratic candidate for vice president won't run next year. he made the announcement today that he is retiring. >> that was not an easy decision for me to make because i have loved serving in the senate. i feel good about what i have accomplished. >> the 68-year-old said he is s

. >> ibm in front of the cathedral. it is just behind me where thousands have gathered in their best clothes. this is just and in front of the cathedral. it is more or less like he used to be. ego of them coming use cds realigns v-j -- this symbolizes to me what happened in haiti over the last year. ed these are people who are determined and still have hope. >> the international community is providing help. what needs to happen now? >> what is missing is someone to coordinate efforts in the country. the government is blocking everything. that is what we are hearing from the ngo's here. they are hoping the next president will be able to lead them. ed now there is frustration because from the government side, there is no one to help your request thank you. >> we will have more on haiti later. >> in other news, australia's worst flooding in decades has shut down the export of food and coal. at least 16 have died. waters have peaked in brisbane. it is 1 meter below the record flooding in 1964 -- 1974, but enough to leave mu

their profilesby making big ticket acquisitions - like lenovo (pronounced luh-no-voh) which bought ibm's think pad and now geely (pronounced gee-lee) which recently purchased volvo. >>spencer: there's a logic to that, that seems to be: can we appropriate marketing sophistication; or can we appropriate an existing relationship with consumers in another market. >>reporter: but as the best connected chinese brands develop and expand internationally they will lose a protective umbrella that has served them well: the power to often stifle online criticism. in china, a whole industry has developed to erase unflattering comments. but the culture is very different on the otherside of the great firewall. >>the head of branding at one of india's leading corporations, infosys, says scrutiny is now unrelenting. brands that cover-up or don't keep their word, do so at their peril. >>nath jha: you remember that sting song: every breath you take, every move you make, every smile you fake, i'llbe watching you - every company is being watched by all its stakeholders. and every misstep you make will be cau

this happened yesterday ibm earlier is contending today where officials have been searching in an area in paterson where canal is located about 30 minute miles south. a car was pulled from the canal of matching the description of the suspect's car. in this case a turned out it was not his car. this is video from earlier in the car is being pulled it through the it emergency scenes. we're not getting word that the other items are being pulled out as well. we want to get an update from the county sheriff and we have brought same on all of us. what else have you pulled from the canal? >> so far nothing other than the car but there is a process in which research the canal we lowered cables from one side to the other and the cable is draped across the floor, the ground of the canal. the first time eight catches for every time it catches are snakes we go and see what the object was. the first time it was a chunk of concrete, the second time was the vehicle that they pulled out earlier and as their plan at the vehicle appeared to regain the big cable afford to get added to the lake and in the

dimensional and the research that you're generating for your products, the era of the huge, reassuring ibm-typetype pension plan, which some people still yearn for and actually look for when they're looking for an employer, in some cases, that era is over and we had better get used to a new era where we are far more individually responsible than we were before, no matter who the employer is. - that's absolutely correct. what i can say with... one of the few things i can say with a high degree of confidence is that defined benefit plans of the kind you refer to at the price that they were offered with the benefits they offered are not coming back. they were way underpriced--that's been realized--and they won't return. but we can address this problem and address it well. it is not an insurmountable one, but it's one that's going to take entrepreneurship, innovation, enlightened regulation and oversight, and a lot of effort. - and up to what age is the window open to do this kind of personal revolution? i mean, if you're stuck in one of these big dinosaur plans and you're 10 years away from retire

you remember this ibm pc. they have a ton of old pcs on display. that's one thing that strikes me most. you come to the museum to see things pre-data. here these are things we remember growing up. >> it is temporary technology. it is a real challenge to collect these things now, things we don't necessarily consider to be historic items, but the general public may still have them in air their attic. we have to preserve them for future generations. >> reporter: i know we talked earlier about pong. this is the original pong, is that correct? >> this is the 1972 pong prototype given to us for this exhibition by the guy who designed pong. this was put out for people to use in sunnyvale. people couldn't figure out what it was. >> reporter: come over here, scott. take a look at this prototype. this was on display. it was very confusing at the time you are saying. >> yes, people couldn't make sense of it at the time. they started to play with it. at the end of the night, a lot of people played with the exit data. there was a line out of door, people wanted

an ibm computer, the size of 10 refrigerators, is taking on jeopardy champs ken jennings and brad rutterthe device has the equivalent of 200 million pages of content but it can't search the internet for answers. a spokesman won't say how the practice round went yesterday but the official rounds begin next month. >> that should be fun to watch. jennings was a superstar. >>> there is a new man in charge of stanford football. the familiar face take over next season, plus... >> okay, i just got busted maybe for drunken driving. i don't want to get busted for goat-napping. >> it wasn't your normal dui bust as you maybe can tell. the strange tale of how a farm animal ended up riding shotgun with an alleged drunk driver. >> wasn't the baaaack seat driver? >> goodone! strengthens enamel. act restoring-- for strong teeth act now. seven years ago, i had this idea. to make baby food the way moms would. happybaby strives to make the best organic baby food. in a business like ours, personal connections are so important. we use our american express open gold card to further those connections. last yea

. >> show down between some jeopardy champs and ibm l computer.hat's ahead in one hour on 7 news over on channel 7. >> remember that guy. if ken jennings. you are right. it was. >> he remembers everything. >> put him up against the computer. >> jim harbaugh rebuilt stanford football program. david shaw program keep the cardinal on top. stanford promoted him to head coach. shaw poised and comfortable in his first day on the job. >> he is the guy that is going to lead stanford football approximately for a long, long time. with that, my pleasure to introduce david shaw. [applause] pishltion selection of david shaw was popular on campus. especially with players. shaw spent the past 4 years as cardinal offensive coordinator. before that nip years as assistant in the nfl. 38-year-old shaw says this season success was only the beginning. >> 2010 season, okay, outstanding phenomenal, we'll put tonight a box. put a ribbon on it pit up on the shelf for everybody to admire. okay. but we are going to get back to work. >>reporter: one thing that worked in his