the dow is up close at 12,907. the monthly jobs report is in line with expectations that the economy has added to what the 30,000 jobs. -- 230,000 jobs. >>mark: and oakland, police are offering a $5,000 reward for information about a carjacking. the carjacking happened here on wednesday in east oakland. investigators say an armed suspect forced the victim out of their vehicle at gunpoint. the same car was used the next day for two different robberies of the rockridge district. hillsboro police are investigating to different residential burglaries. police responded to reports of a break-in. police say in both incidents, residents left doors unlocked and that is how they were able to gain entry. >>justine: here is a time lapse video of the border lights showing the sun peeking out from those north of players. the most intense flare up was on tuesday. this is new video from overnight. experts have predicted disruption in gps, satellite systems and power grids. so far, none of those problems have been reported. >>mark:

steel production is up month over month in february. they are simply pointing out that some of the demand is slower. it had 24% growth in imports, in iron ore for the last ten years in china. you can't grow 24. it's going to slow down a little bit. i think this is a little overblown and people are long the markets right now a bit and this is an excuse. >> maybe, but at the end of the day you are still talking about the chinese economy moving up from 11% at its peak to down to 8%. even though you're talking about, relatively speaking, very strong growth, 8% is a far move from 11. >> one thing to say about that is, 10% growth five years ago and 8% growth, your total demand is exactly the same because the economy is bigger, right? >> that's exactly right. >> there's no change the marginal demand for products. >> what has been the impact on europe? >> you've seen -- and it's interesting. forget today's moves. if you look at resources in london, they have underperformed for the last month already. there's a lot in the price in terms of china'

you think the dow is overbought. bring up the dow and tell us why you think that is. >> this is the daily chart of the dow jones 30, back to about the middle of last year, we also got the 200-day moving average. this is a great run, this is up about 30% for the quarter. i think that's too far, too fast. we're also extended, we're stretched well above the 200-day moving average. therefore i am looking for a period of reverse. >> ditto for the nasdaq? >> yes, now taking a look at the dow, in terms of targets. if we break support in terms of 750. >> let's talk about support on the dow. >> we have got the dow on, we got supported by 12,750. we take that out, we're probably going to go back to 12,000. >> now the nasdaq, ditto. >> let's look at the nasdaq, this one has also had a great run. this is a weekly chart back about three years. the short-term trend is up. about 35% since those october lows, therefore it's extended as well. in terms of targets, we see a weekly close below 28.73. that's about 20% below the reign highs. >> th

the high is up almost 160. cbs has been the second best performers in the s&p 500 since the most recent market bottom in march of '09. co les moonves is with us today. first of all, he has been waiting for this moment. brian shackman, unveiling the movers, brian. >> you're underselling. i've been waiting two weeks now. what is the biggest franchisy of burger king in the entire country? if you knew the answer, you would be up double digits. calm, not so calm in trading. triple the volume on stock. i'll tell you why after the break. ♪ ♪ here we are, me and you ♪ on the road ♪ and we know that it goes on and on ♪ [ female announcer ] you're the boss of your life. in charge of making memories and keeping promises. ask your financial professional how lincoln financial can help you take charge of your future. ♪ ♪ oh, oh, all the way ♪ oh, oh ♪ when your chain of supply goes from here to shanghai, that's logistics. ♪ ♪ chips from here, boards from there track it all through the air, that's logistics. ♪ ♪ clearing custo

this is a little complex that warmed up in the warm air. this will be ahead of this cold front to the west of us. a big chunk of the nation is very warm in the noon hour today. or cloudiness and rain chance is to the west of us. some of that is going on right now. it might get a little closer to us. we might want to favor these mid-70's, and for many of you, it may not even get that warm up today at the farther east you are. temperatures today -- we warm up here but we also see the eastern shore quite a bit cooler. tonight, temperatures drop down into the fifties. tomorrow, we bounce back up again. that fraud will be with us and we will probably be a little bit -- that front will be with us and we will probably be a little bit warmer. futurecast shows only spotty rain chance is around baltimore today. they go way up starting tomorrow and into saturday as well. by saturday, they will be pushing to the south. only around 70 on saturday, 60's on sunday. rain chance is into saturday morning. >> he stars as jeff winger on the nbc comedy "communit

is awesome. it will fill you up. take care of the day for you. that is a good base of one or two beers. >> reporter: what is the centerpiece of an irish breakfast. >> you have scrambled eggs. canadian break-ins, pork sausage and other things i will not tell you about. >> all right. dave he is aneshpert. so if you want to celebrate, come down here. all right. we will be back shortly. >> hey, monique. they have a word in, in ireland. it is called crack. can you ask him, to explain crack? >> reporter: what is crack? what does it mean? >> okay. >> reporter: he has to show us, hold on. >> reporter: you know crack over here? >> yes. crack over here. >> reporter: oh, yeah, it means fun. cra ic. >> yes. good fun. >> yes. that right. >> all right. thank you. of course, we are already in the spirit ising good cra ic. >> all right. thanks and truth be told, that you lived in ireland for a time. >> i did, right next to the guiness plant. it smells so drink. when you drink it, i don't know. >> it is an acquired taste. >> you do. you have to love gin ands the i

ups is buying its european rival, tnt express. l expand its presence in europe, asia, and latin america. ups says about 26% of its revenue currently comes outside the united states. it expects that number to grow to 36%, following this merger. >>> and starbucks is opening its first juice bar. the coffee shop chain bought california-based evolution fresh for $30 million. it will sell juices, soups, and salads. starbucks is looking for businesses to help it grow beyond coffee. that's your cbs money watch. in new york, i'm alexis christoforous. >>> you'll soon be able to see into the mind of a genius, online. the hebrew university of jerusalem is working to upload all 80,000 items in albert einstein's archive. it includes personal letters with lovers, letters on social issues, and photographs on scientific papers. now, most of the items have been locked in storage. there's no word on when all of them will be online. >> and coming up on wjz eyewitness news at 4:00. freedom to fly with your gadgets. the latest from the faa. >>> out with

the national average is up $3.90. -- >> the national average is up to $3.90. saw an increase of one penny overnight. $4.13strict has prices at more. a lot of that expense of gas waste sitting in traffic. the treasury department says the is costing drivers $100 billion per year. it is 2 billion barrels of wasted gasoline. but poor only gas, conditions can cost in repairs. >> more people are hopping between cell phone carriers to find better deals. average customer's which is soon as the second two-year contract is up. typical customer-carrier relationship is one year longer. for lost revenue, charging into $300 or more for 4g iphones. >> celebrating the cherry blossom festival and a special ceremony today. helping to plan new cherry trees of the mandarin oriental hotel. for grandfather gave 3000 cherry trees to the nation's capital. they replayed that scene today. >> what about us? us were blown away today. literally. >> close to 40 miles per hour wind gusts in the district today. very cold air will be diminishing. in look at the river bend country club. high-p

not a bad day travel up there but for the weekend the snow and rain is expected on saturday and is now on the ground more such come 7 9 in. on the grounds winter storm watches are going up there so be it buys still see some strong gusty winds and some heavy snowfall,,,,,,,,,,,,,,,,,, here's the second summit this top stories in a developing story right now from san francisco police have shut down streams and the embarcadero for homicide investigation. investigators are checking some items found at the end there roden more in health this day there is no indication they're related to the case the set and sent to the crime lab anyway. fresh off endorsement from george h. w. bush republican presidential front runner mulroney is expected to get more high-profile support as soon as today he is expected to get the blessing of house budget committee chairman paul ryan of wisconsin. think michelle 616 people forced out of their homes by that massive wild fires southwest of denver are waiting to hear if they can finally go back home this morning meanwhile the governor of colorado is doing his ow

the big winner is apple. up 50%, 51%. forget about t apple is not even close. s that had lousy quarters in the fourth quarter had amazing numbers. sears holdings up 100%. multi-year low in january came back. all of the banks bottomed. bank of america is a big winner. netflix had a horrible second half of the year. it bottomed in november. it's come back whirlpool had price increases in january. 60% increase. who would have thought that apple would have beat whirlpool. all of them beating apple. >> and we're not finished with the stock love fest here, bob. this has happened only 11 times since 1920. we're talking about the s&p 500 posting double digit gain in the first quarter. during those years that the s&p recorded, the index rose about 16% on average. so with the s&p up 11% this quarter so far with one more to go, we wonder if investors should get more busy. >> let's go to chief investment officer also with us is chief market strategist with apply generals bernstein. nice to have you on the program. thank you for joining us. best quarter since 1994. are we lo

the dow is up 28 point to 12,980. the nasdaq is up 22 to 2,989. >>> okay. if you wished your car would drive itself, you may be in luck. the latest technology displayed today in self-driving vehicles. >> even if your spouse doesn't know where you have been, larry does. >> hear why google's new privacy policies are raising concerns. >>> it is going to warm up. temperatures in the five-day forecast that reaches into the 60s and 70s. anyone who grows things for a living will tell ya... a plant is only as good as the soil you put it in. look, both these potted plants got the same sun. same water. only difference? this. miracle-gro potting mix. rich organic ingredients with miracle-gro plant food mixed right in. it even feeds plants for six straight months. want this result? gotta start with this soil. miracle-gro potting mix. success starts with the soil. >>> we want to update you on a story we told you about earlier. the sheriff's department tells us the skier who was injured is in critical condition. authorities say the skier has multiple bone fractures and b

is not so bad. different story. head up to 102, 80, and clears out through daly city and into san francisco it looks like the 280 landing in san francisco. north bay shows it is beginning to break up near santa rosa and fairly intense around novato and into ville lay hoe and vacaville. and that is in the north bay. wind picking up this morning and focusing on that throughout the morning. when we come back for another check of weather, we will have the extended forecast and see when the rains will die down today and pick up again and through the rest of the week. we will get a quick check of other conditions out there with mark. good morning. >>> thank you. we are watching conditions all around the bay area. we are at 101, and how are things there? >>> the rain is coming down pretty hard, mark. and just as they said, it is starting to come down. it made the conditions hard. and you have to slow it down and be careful out there. >> thanks for the update. justine? >> in the newsroom, the bad weather and last check of the websi

the nasdaq is up 18. nasdaq is up 28. s&p is up 7. >>> a lifeguard rescued two children and an adult from the ocean off of sonoma county this morning. a fire dispatcher says the rescue took place at wrights beach around 9:00 this morning. >> the coast card also took part in the rescue. all three were taken to the hospital. there's no word on their conditions. >>> the canadian company is on the brink of winning a multi- billion-dollar bid to build b.a.r.t.'s new fleet of cars. "the chronicle" reports that b.a.r.t. could sign off on a $3.5 billion bill with bombardier corporation. they would then then build the 765 fleet of cars. the company is having trouble in chicago. new train cars the company built for that city are being held for service because of defective parts. b.a.r.t. says any potential deal will be fully vetted. >>> the remake of ql 21 jump street "took the top spot at the box office. the film brought in $35 million. >>> tonight at 5:00, the announcement apple made a few hours ago. as we told you earlier, the c

the nasdaq is up 3. the big is this morning is apple. >>darya: we're back with more in a couple of minutes. here's a live look from a roof on van ness ave. the sun is up and covered by grants. it will be clouded the drive. we will be right back. >>darya: authorities are looking for your help in finding this 16 year old girl was last seen on friday. name is sierra la marque. alex smith spent more than five hours talking with the miami dolphins yesterday. that is to latest in a quarterback draw up. the 49ers were looking to resign smith, that did not come through and then, they started showing interest in peyton manning. now, who knows where everyone will wind up. >>mark: here is a quick look at bay area weather and traffic. >>james: 36 right now on the thermometer. 54 by noon. 57 by this afternoon. it probably will warm up much more than that. it is cold and drought a good bit of the bay area. we have rain possible for tomorrow morning. >>george: we are not tracking any hot spots. we do have one of advisories for a few of the bridges. tra

>>erica: it is shaping up to be a relatively commute. lee are seeing some minor delays at the toll plaza south. we really are not seeing any major delays. , san mateo bridge, traffic is bunching up ever so slightly. we do not have any accidents kron4 but expect delays at the toll plaza itself. clear conditions for your ride into san francisco. minor slowing on southbound 680 into and out of walnut creek. hah >>justine: it was 1 months ago that treyvon martin was killed while walking home from a neighborhood store. the members of the black panther party are offering a $10,000 reward for the capture of of george is imminent, the neighborhood watch volunteer who says he shot the 17 year-old in self-defense. he has not been charged and that has caused outrage. there's been a nationwide calling for his arrest for. this poster now shows a $10,000 bounty for the capture of his shooter. >>mark: as california becomes more important in the gop presidential race, mitt romney will be here in san francisco at a fund- raising event. if you would like t

there is up to $12 worth is what you can get.nd this is in part to remind everybody they're out there and there is a party every cinco of every month. that is a great idea. and there is two kids eat free for every adult that eats interest eats there on the weekend. there is crispy fish tenders. you can get it at safeway. enough to serve six in there. it's only $5.49. >> and we can get it free from you. >> you dial or log on to ab krchl 7 news.com and there are three addition yat items if you go to michael finney's consumer blog. >> who needs a $640 million lottery ticket? >> we've got michael finney here. it's right. >> there is more still ahead. >> local owl defying odds. >> wiser than his years. >>> coming up a update on megamillions mania. tonight the amount of money californians are spending for a shot at that dream. also, michael fin gee back and going to look at tax breaks few people take advantage of. and major mile sforn a job training program with remarkable results. that success story hope to see you tonight at 6:00. >>

the topix is up. s ross was mentions this. expected because they're having to import more crude to make up for nuclear energy shortfall. elsewhere the provision of gdp showing the economy shrank less that be expected. so mixed on the economic front but this market moving higher as a result. the market up 6.7%. the industrial plays moving higher. 0.3%. so overall a pretty nice session for a thursday. that's it for me. i'll be back tomorrow with news moving markets here in asia. >>> thanks for that, christine. bmw talking about record profit margins. how do they compare against the competition? patricia has the breakdown in frankfurt. >> reporter: competition not only the opposition, ross. that's for sure. well, they surpassed their own targets 11.8%. their own was 10%. npw has room to grow. but one thing for sure 2011 was record breaking as were the digits for february itself and the forecast looks very positive. they think the record can be broken in 2012. that's above expectations looking at a dividend of about 223. the yield

up. right now it's pretty flat. xetra dax is flat after yesterday. the cac is up just six points. we seem to be going quietly into the weekend. what we have seen, though, is continuing downward pressure on the core yields. the ten year 4.89%. the second ten-year gilt, the ten-year spanish yield below 5%. 4.9%. we've seen a real closing up of the gap between italian and spanish spreads. the key thing as well in terms of italy we saw the two year yield below the psychological 2% for the first time, 1.81%, first time in 15 months, that funding helping that. also record amount deposits just over 750 euro. as far as brent is concerned, dramatic moves in the last 24 hours. we hit $128 in the late trade. iran ran reports of a saudi fired pipeline. they denied that so we saw oil trading at $124.79. you see the sharp spike higher. nymex is at $108.09. a similar spike up during the session overnight. christine? >>> hey, ross, well of course talking about japan's economy. they're still apparently mired in deflation. we had cpi data in the world's third largest economy dropping while household

they shutdown all except the shoulder of the road, and that is just a trickle-through traffic is backed up from the outer loop all the way past towson. inner loop, just because of rubbernecking, is backed up from here almost down to liberty road. >> thank you, captain roy. the state budget takes center stage in annapolis today. the state senate could deliver the vote with more on the latest version on what it contains and what is up for debate, here is jennifer franciotti. >> the senate approved legislation to raise the personal income tax rate for individuals making more than $500,000 a year. they also agreed to hold certain state agencies accountable for reports that have not been turned in.

it is not warming up that much. a lot of clubs in this area. it is 43 at westminster. the sunshine is doing a better job to the south. 54 in salisbury. ocean city is 50. la plata, 56 degrees. is the clouds thin out, we might bump the temperatures up, but we might be cooler in the northern half of maryland than the southern half. the pollen tom -- lower than yesterday, -- account -- lower than yesterday, but still in the three-range. here is the cloud deck. it thins out. that is why it is cooler appear. the clouds stopped at the maryland/pennsylvania line. we will put in the main weather features. even though the clouds are trying to produce sprinkles, there is no front nearby. the main whether maker is in northern illinois. most of the rain is up in the great lakes. clouds, a sprinkle in the area today. 4g evening, rain chances will pick up -- toward the evening, rain chances will pick up. we should be able to make the 50's, but we are stuck in the 40's. if it stays this cloudy, we might not make it to 50 degrees. there is a small craft advisory in effect this afternoo

here is another look at the webcam in truckee. coming up in 10 minutes, we will go to ktvu's ken pritchett who is gathering the latest on the storm. >> the wind and rain means delays san francisco international airport. and the rain caused heavy damage today to a candy store in oakland. coming up, ktvu's paul chambers tells us why this storm could not have happened at a worse time. >>> we have breaking news right now. highway 1 in deafennal's slide is shut down because of a accident. it has a head on collision. both directions of traffic are shut down. we are working to get more information. as we get more information we will bring it to you. >>> neighborhood nanny is at the center of a molestation case. ktvu's maureen naylor is live with why police are saying the investigation is growing tonight. >> reporter: the last 24 hours police say they have been inundated with qualities since announcing the arrest of this nanny. authorities feel more victims may come foreyard. >> reporter: john walker is behind bars after a child told their parents

the wind is kicking up and the rain is picking up as well. >>justine: the president has welcomed the british prime minister david cameron to the white house. here is president obama and david cameron. they did a tour of the white house lawn. a very formal state visit is taking place today. they went to an n.c.a.a. game yesterday and now they will have lunch and dinner at the white house. that does include a joint press conference as their welcoming all of the fans that are there. i will be back with an update as soon as we get more information into the kron4 news room. >>mark: here is a live look as we're checking out conditions around the bay and watching the james lick. rain coming down and adding not. a lot of roadway flooding. we're also watching wall street. as the dow jones opened from its highest levels in 2007 and the nasdaq at its highest level in 11 years. baba ebbs baba baba pete, did you forget yours? me pete, me use pen! (laughter) sorry i'm late, i was in the 16th century looking for pete's pen. (laughter) guys, guys. take it eas

is some spotty showers to san jose. there are areas of drizzle not showing up but what is showing up is a next big storm. that is going to add to our already impressive rainfall totals measured since monday evening. and there is nearly nine inches in kentfield two. inches in san francisco. one.six inches in rain in redwood city. all numbers are going to increase rather significantly tomorrow. >> spencer, thank you. we'll update to breaking news at 5:00. a pilot escaped injury after landing near the palo alto airport. sky 7 was over the scene and the faa says the pilot asked to land at nearby palo alto. the helicopter went down into the marsh and about four feet of water before it could reach the airport. the pilot was the only person on board and walked away from it. the faa and national transportation safety board will be investigating what went wrong. >> the iraq war vet struck in the head with a projectile during a kbroft says the injury was no accident. he and his lawyer say police fired a bean bag at his head that left him injured. >> i wasn't sure how badly i'd been hurt. >> he remembers almost eve

this broadcast is real time captioned by carrie o'brien. >>> good morning. coming up next on eyewitness news -- >>> no confidence in anne arundel leadership. more on what techive john leopold critics are saying now. >>> -- >> good morning. i'm meghan mccorkell. an alarming new study is showing a rapid increase in h.i.v. cases here in baltimore city. coming up -- we will tell you what the health department is doing about it. >>> plus, war of words. jada pinkett smith are continuing their battle how elephants are cared for. >>> what does mother nature have up her sleeve on this saturday? taking live look outside. meteorologist tim williams has the first warning weather forecast. >>> eyewitness news starts now. >>> good morning. welcome to eyewitness news this saturday. i'm gigi barnett. >> i'm tim williams. temperatures are in the 30s across the region. a calm start to the day. >> i had to bundle up. >> it is chilly, it feels like winner is around. it wants to make sure that no one has forgotten. i'm still here, but a cool, chilly start and a pretty calm day as we take

the dow is up 83 points. the nasdaq is up 20. s & p is up eight. >>> president barack obama today visited yet another state that could be crucial in the november election pushing his energy agenda. the president toured daimler truck plant in mount holly, north carolina. there he talked about raising mileage standards for cars and trucks and making it easier for local governments to adopt vehicles that use alternative fuels. >> if you make a commitment to buy more advanced vehicles for your community, whether they run on electricity or bayou fuels or natural gas, we'll help you cut through the red tape and build fueling stations nearby. >> in 2008 mr. obama became the first democrat to carry north carolina in a presidential election since jimmy carter in 1976. mr. obama won the state narrowly. >>> republican front-runner mitt romney bolstered his delegate count yesterday in the super tuesday presidential primaries. he still does not have enough delegates to seal the nomination. he won six of the ten seat sat super tuesday states.

everyone is lined up already. we go to the union square store and everyone clamoring for the new ipad. >> reporter: the wet and cold people, the wait is just about over n a few minutes apple will finally open its doors and let them n it is not saying how many i pads they have inside but they better have hundreds. check out the line t stretches down the block with people getting here as early as 10:00 last night. they're not getting a deal for being early just the bragging rights. >>> the morning news continues. a live look outside now, we have a lot of snow and rain. pack to snow. yes. yes. yes. noooo! [ male announcer ] yep, subway broke the 200-calorie breakfast barrier. with delicious fresh fit mornin' melt breakfast sandwiches. subway. eat fresh. >>> we're backtracking the storm. not a lot going on. we have low clouds. fog, mist. drizzle t is floating around. that's what you encounter. we're looking for it to intensify. >> let's focus in first and talk about that. and walnut creek and the wet weather going news

the main core is up here. it's going to sit like spokes in a wheel, send in little disturbances and they'll get progressively stronger. this is our rainfall projection for today. the heaviest in the santa cruz mountains. oakland 2 1/3. napa two, santa rosa 1.65. rain and wind. heavier rain will be later this afternoon into tonight, much, much warmer lows as you saw with a lot of 50s and highs today. if the rain doesn't get here soon enough, this south wind will really be mild. this is one of those rare days where santa rosa looks to be the coolest at 57. here's sal. >> steve, good morning. >>> of course, with the rain the commute is not going to be the greatest. late go outside and take a look at highway 4. looks like the rain hasn't quite reached here yet if enmass, but there is plenty of rain and a wet road in the east bay. this is a look at interstate 880. the traffic here is moving along pretty well coming up past the coliseum. but you can tell that our camera is bouncing beyond. connector ramp to 380 there

now it is up to the politicians to reach a decision by comparing the risk of operating the reactors with the risk of keeping them off line. >> my concern is we can't be certain other plants are safe from tsunami higher than the ones that swaum pd fukushima daiichi. the results of the stress tests are only the beginning of discussions about safety. >> translator: the government aims to use the stress tests to prove the reactors are safe enough to restart. will showing the results help it win the consent of municipalities that host reactors? >> translator: it will be extremely difficult. local authorities are concerned that stress tests alone are not enough to restart reactors. according to an nhk survey this month, when local authorities were asked about the precondition for restarting reactor, 66% said local approval, and 48% said the verification of the fukushima daiichi nuclear accident and only 21% said stress tests. local authorities are urging the government to come up with a safety standard based on the analysis of the fukushima daiichi nuclear accident and check the safety of othe

even 50 is requiring chains right now. basically if you are heading up to the high country, there is a winter storm warning. details on that in a moment. look at these rain totals. venado, 6 inches of rain in the last 24 hours. as you can clearly see, 1.66 in santa rosa, kentfield over 2 inches. ben low man mountain 2 and a half. out toward oakland it is .80. redwood city more than an inch. down toward san jose, not as much. .15 there. fairfield over an inch and livermore, three quarters of an inch of rain has fallen and will still be adding more to those totals. here are the highlights, scatter ited showers for the morning commute and a break begins late on wednesday and the rain returns by week's end. yes, it will fall on part of your weekend. tell about you that in a moment. the cold front pushes through overnight. it is already losing steam as the trough is pushing to the north. the front is not holding togetherett well. the trough will come through as we head into the overnight. a few showers tonight and then as that trough slides down, 5:00 a.m. to

the max loss is 75 cents. i lose up to 75 and below 20 i lose 75 cents and make ten times my money. >> you defined your risk. that's the beauty of a stock like this. >> often times when you go through the strikes, you don't necessarily monitize the value, but in this instance, the thesis is that someone comes in with a partnership that changes everything. being short that upside call is great. what ends up happening is that collapses if there is a cash bit. >> we are often not big fans. that upside call usually is relatively very, very cheap. in take over names and that's yahoo and rim, that is not the case. people are playing for a take over and they buy that out right. dan is using that to his advantage and it takes all the sense in the world. >> you usually blast me. >> wait. we haven't done stocks versus options. there is still time. want to buy 100 shares in hopes of a take out? that will cost you. the call spread risk $75 and offers a nearly 10-1 pay out. the only real problem is if it works, you will so rich all

. >>> president shimon peres is coming to silicone valley, why he is giving the social networking site a thumb's up. >>> president barack obama plans on stealing part of the republican spotlight. ktvu channel 2 morning news continues. >>> good morning, thank you for joining us, it is tuesday march 6th. >> steve, do we need an umbrella today? >> no, just extra hold on the hair spray because the wind is strong, gusts up to 48 miles per hour. also parts of marin counties are seeing gusts around 1,500 feet. things whipping up and we had some early morning drizzle, today much, much cooler, here is tall a. >>> -- here is tara. here is san rafael where the chp has just added the richmond san rafael bridges also make sure you drive slowly on the venetia dumbarton. no high wind advisories still hard on the roadways as you make your way to san francisco. let's go back to the desk. >>> topping our news, it was a violent night on the streets of oakland. police now investigating several shootings including deadly accidents that led to a car crash in oakland. >> reporter: good morning dave, it has been an all to

somebody said look, bob, when your time is up, your time is up.if you are at 35,000 feet and the guy next to you time is up, you have to go down, too. somebody has been bad on the plane. >> greg: the guy when he was subdued ranted about jesus, september 11, iraq, iran and terrorists. he would be great on cable television. >> eric: a quick story. back in another day when i had the oil company and i used to fly customers to l.a. took a flight, got there. landed. my mother happened to be staying at my house with my wife. honey, sorry, they got into a huge brawl. i got the phone and said you have to come back. cut the trip short. on the way home the pilot comes on and says well're having problems here. in the background, you hear erg, erg. they had emergency and lost the ruter. whatever this one is. literally it took two hours to land the plane in phoenix. i am telling you, the things that go through your mind when you think the plane is going down. >> bob: my exmother-in-law, thanksgiving, i went over for the first time at thanksgiving and my mother

is up, is up substantially, production on federal lands is up, but in spite of that, the price of oil on the world market is also up, and it's up because of iran and it's up because of all kinds of factors that, increased demand from china and all kinds of factors that are causing the world price of oil to prize, and unfortunately, it is impacting consumers in this country. i wish it weren't. i wish we had some way of, in the near term of dissociating ourselves from the world price of oil, but we don't, and that's what's hurting us. at any rate mr. secretary i give you those charts for what they're worth and ask for any comments that you have in the last few moments of my time. >> thank you very much, chairman bingham. i would say two things with respect to the presentation that you just made. first, oil and gas production in the united states is higher than it's been in a very, very long time, and as your chart indicates, it's moving in the right direction, and i think there probably is no figure in my mind that says it better than the fact that we're importing less oil today than we

there is not too many details. upe will take a look at some of your bay area roadways outside. this is a look at 280 as the headlights are northbound as you make your way towards santa clara. up next, we have a look at the 680 at the sunole grade, traffic is looking good at this hour. and finally, this is a look at the san mateo bridge traffic there as you make your way towards foster city. >>> storm tracker two, temperatures are up. yesterday we sunk back into the 30s so warmer this morning widespread upper 40s and 50s. that could change over the course of the morning and it looks like 2100s by the end of the day, take a look at the rest, we are not likely to see much rain if any at all at least not enough to accumulate to any amount. partly cloudy skies by this afternoon. temperatures will be slightly warmer than yesterday. this morning we are waking up a lot warmer than yesterday. for the noontime, maybe a sprits, maybe a spring kill and temperatures are in the low 50s. 60 degrees in oakland. red woo city, not too

up. the u.s. housing demand in topper is going to crank up. gold down is a dollar up trade. at will put in real demand. >> we will come right back. stay tuned. # >> >>>> welcome back to the trade and annie's organic. starts trading tomorrow above the limit. >> final trade. >> diamond do. >> what? >> t.j. maxx. i don't know about mac and cheese bunnies. >> long nike. >> they maker beganic mac and cheese bunnies. >> makes perfect sense.

he's been suspended since his arrest last month. >>> promising justice after one of his officers is caught upteenager's death investigation. >> when we act in this case, we're going to be ready to ensure that justice is done. i think that's what people want. >> officer john ward is suspended while police investigate his role in the death of 13-year-old monai turnage. the rifle used to kill her was found in ward's car. two of her friends are accused of shooting her and hiding her body. >>> people are finding other ways to get around in maryland and across the country. wjz is live and we have a closer look at the trend here at home. >> reporter: like many americans, baltimore and marylanders are using public transportation to save money wherever they can. the numbers are out about public transportation in america and they're nothing short of jaw dropping. how often do you use public transportation? >> every day. >> reporter: americans took 1,000th 3 billion trips on public transportation in 2011. the second highest total since 1957. light rail, the train, subway, or bus are cost-saving options

bac is up 80%. if you made the bold call, if you had the guts to buy at the beginning of the year, you are being rewarded big-time. is it time to take the money and run or buy more? let's ask paul miller, managing director at fbr and and kate kelly is back. welcome, kate. she's going to tell us how things are looking inside the bank. first, paul, i want to get back to bank of america. you heard our comments i'm sure with bob about the yield curve steepening. is that going to fall directly to the benefit of bac's bottom line? >> it's going to help every bank including bank of america. yes, it is going to help it out. also helps them coming out so well in the stress test a week ago. that's giving a buy signal to a lot of guys. one reason we're still on the sidelines is you have that private label lawsuit. but people have kind of forgotten about that right now and running with the bulls as you've gotten some good news and the yield curve is steeper which helps everybody in the financial world. >> todd,

it is up 4% this year. faa says it might also be harder to book a flight because passenger numbers will double to 1 billion by 2024. prices will not drop until the airlines get more competition. that apparently is years away. >> today is international women's day. for the past 111 years, the day has celebrated women's achievement and promoted their welfare and equality. the theme for this year's even, when an's education and empowerment. it is to promote support and mentor women for all parts of the federal government. it was such a great pleasure to be in the company of such accomplished women. >> in you are one of them >> i just bask in the glory of their accomplishments. >> be like the temperatures? >> is just lovely. >> we are talking about cooler temperatures people say a little bit too cold. >> is the beginning of march. >> we are doing fine. it is not too shabby out there right now. wind gusts of 44 miles per hour. a gust of 39 a bit earlier in montgomery village. the temperature right now 66 degrees

good morning. >> the governor is not giving up his proposal to raise the gas tax. he is going to testify before house and senate committees on the issue about his plan to raise it 6% over a three-year period. drivers are choosing to take mass transit. mta is reporting bus usage is up. more people are choosing alternatives to driving. they have seen about a 10% increase across the board since january of last year. >> it is a lot more affordable for people to get on the public transit system than to try to get out on the roads. >> when it comes to the price of gas, there is at least three different stations. $3.75 at the gulf station. the lesson is if you see it below $3.80, stopped and fill up because gas is up 11 cents from last week. jennifer franciotti, wbal-tv 11 news. >> thank you. that brings us to our water cooler question of the day. do you support the governor's plan to phase in the state sales tax on gasoline to help balance the budget? you can share your response at wbaltv.com and on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> the

is an escape attempt. you see a second officer come up. she approaches the elevator which seems to be where this whole confrontation is taking place. >> one picked something up and ran down the hall. >> they ended up taking the radio. they pulled the fire alarm, which automatically unlocks all the doors, which is how they were able to get out of what's supposed to be a maximum security facility. >> i'm amazed they were able to make it out. it doesn't look like they had a fool proof plan here. >> they had three officers on jail. >> two 15 years old and a 17-year-old. the two 15 years old ended up traveling to cincinnati, ohio. they were captured and jacobs was caught sometime after in columbus by the columbus s.w.a.t. team. the one officer they did attack made it home and was released from the hospital with no major injuries. it's unclear what they were originally in the facility for. they are currently being held for parole violations and jacobs has a warrant out for his arrest for a burglary. they are expected to be charged with felonious

someone to look up to. >> it is fine to have someone to look up to if they remember where they came fromsome of their relatives came from. he is in a fight right now. first of all, he has conservatives many of whom who are concerned that he is not really a conservative. second of all he keeps putting his foot in his mouth. third of all he has the back and forth on social issues which matter a lot in primaries and caucuses because they are controlled on both sides by the idealogs in the party and fourth he has the new party rules which are making it harder not easier for as we used to say a winner to win. when you put all that together and add the fact that he doesn't seem to get it it is problematic. >> let me ask you something quickly. we heard from rush limbaugh today apologizing to that law student who he talked about on his radio show this past week. we know that the president called the young woman and offered her support. we also know that the president is now booked to give the commencement address at barnard, a women's college. how do you think this all of these social issues con

[applause] how is everyone feeling today? are you fired up? is everyone excited that the vice president is here with us today? i want to thank you for joining kirk day. how many of you remember, two years ago today, the president signed into law affordable, accessible, health care for all? how many of you remember? [applause] today is about the history that was made that day. it is also very much about our future. if the other guys get their way, we are headed right back to the failed policies of the past. you have heard them. you have for them on the campaign trail. it is all the same. what did they say about social security? let it go bankrupt. what did they say about medicare? let it go bankrupt. what do they say about america is a new health-care law? let it go bankrupt. what did they say to florida seniors? let them go bankrupt, too. do you know what is bankrupt? their ideas. it is up to us to protect the change we fought so hard for four years ago. it is up to us to protect the promises that president obama and vice-president biden kept.

is heartbreaking. and then not one to give up. as a comes it is longer and longer and it becomes more real. a florida expert to help the search for polly following her kidnapping and murder in 1993. a high-profile endorsement established former florida gov. brother one brother to another. eric fans jammed so move on here jeb bush this is student statement yesterday saying now is a time republicans unite behind governor romney the endorsement overshadowed by comments from eight made on cnn that would be furnace german was asked whether the whether romney has taxed too far to the right to appeal to republican primary voters. i think you in a reset button for the fall campaign everything changes is almost like an that sketch he can command a shaken up and we start all over again. >>> chronicles his gop opponent of course we santorum says the comment is listed on the run would try to run as a blank slates against president obama's this coming november. thousands of people are expected to show up in oakland coliseum. and the price it's free at the families now who showed up before dawn. how mich

trying to one up >>> once again, china is trying to one up the world. ms is the biggest 3-dlcd-tv in the world. the 110-inch tv is made by china star on toe electronics technology. that is the name of the company. no word when it will be sold or for how much. >>> checking out new highs for you, val spar, sherwin-williams, lowe's, equifax and harley davidson hog at the top of the s & p and apple around $551 right now this is the kind of company that just keeps on hitting all-time high after all-time high. in the meantime, thank you very much for watching street since. i will be back same time tomorrow. brian is off all week as he is on a much-earned vacation. closing bell is coming up next. >>> hi, everybody, welcome to the closing bell, i'm maria bartiromo with the new york stock exchange. greet see you, bill. >> i'm bill griffeth. here is the first thing i looked for when i came back. you go on vacation, i don't know about you, you probably have your blackberry in both hands at all times. >> i do >> i don't. i don't pay much attention to the markets. i

aaa said today the average price of unleaded gas is now $3.91 a gallon, that's up 19% this year. and prices could go even higher in the coming months. suzanne pratt has the story. >> reporter: a funny thing-- as in funny, "weird"-- is happening in the u.s. energy market. demand is down, and that's no surprise given prices at the pump are at ten-month highs. what is a surprise is that several east coast oil refiners are exiting the business, now of all times. at a recent analyst meeting, exxonmobil c.e.o. rex tillerson explained profits are hard to come by because east coast refineries use pricey foreign crude oil. >> in the fourth quarter of last year, many u.s. refiners were losing money. we made... throughout the fourth quarter on our u.s. refining, we made less than one-third of one penny per gallon. >> reporter: so, just as many americans are gearing up to hit the road for summer vacations, the east coast is losing a big chunk of its refining capacity. can you say bad timing? on top of that, the economy looks to be improving, which means more americans get jobs and perhaps dri

there is another gorgeous day, then changes are coming up. there is a live look that is aross the bay. there is people talking about this weather on facebook, peggy wrote a beautiful afternoon, hard to believe there will be rain. and dan says thanks for great weather. sure, i'll take credit z amy says it's going to be warmer it and was. take a look how mild today. 70 degrees redwood city. there is mid 70s in gilroy. and a beach day in santa cruz. 73 degrees. inland areas got up into upper 60s so there is sunshine today, temperatures falling along the coast. 50s also fairfield, most other areas into 60s there are wet pattern segt up next week, most of the week you may need umbrellas, changes are coming. this is a strong ridge holding on for now. we'll give you another day tomorrow. and then, things begin to change. this high pressure will start to weaken in advance of a cold front. saturday, we can see fog, clouds, and the first front washing up so, saturday, you'll notice cooling trend and there are more clouds in the picture, by sunday, there

is 64% of normal. so we will probably make up a lot of ground to the north, san jose is only 36. there will be rain to the north, up in crescent city there will be heavy totals and some of that rain might make it. you can see back over to men seen know county, i doubt this is doing much in the way of any rain but it is a possibility today. 40s and 50s on the temperatures and there will be -- it will be warming up out towards livermore and also antioch. our system will continue to hang on, very warm, moist air, it will slide south and that will not happen until we get towards sunday. friday watch how this system lifts a little bit. there it is, i think it comes in around 9:00 for everybody, by sunday it is gone so there you go, make plans accordingly. i buy into that projection. partly cloudy to the north antioch in there, very mild to warm, very tropical with a lot of humidity in the air. dave, pam? >>> it started with federal agents uncover and -- undercover and it ended with gunfire. >>> shedding light on the cal campus. >> daddy? >> you will be fine. >> this incredible video sh

sports is coming up next. great! progressive, you can compare rates side by side so you get the same coverage, often for less. wow! that is huge! ♪ and this is to remind you that you could save hundreds! [laughing] man: yeah. that will certainly stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> good evening, everyone. without question this is one of the most fun days in sports. selection saturday for the ncaa tournament. locally the cal bears were on the bubble. weren't sure if they were going to make it to the tournament. damon andrews was at cal for reaction. >> reporter: somewhat of a national holiday for basketball players who are in position to dance in the ncaa tournament. the cal bears are one of those teams. heading in to the tournament they weren't sure. as you can see relaxed. >> reporter: relaxed if you will because they know they are in but that wasn't the case earlier today. >> because we were th

but you don't have to wait online to buy it. >> predictions and gary b is up. >> i'm going against the saying that apple is going to go down and the public is about to burst. the way etx, short nasdaq 100. >> brenda: todd, what do you think a bull or bear. >> i'm a bear, apple is going much higher from here. >> brenda: what do you like. your prediction. >> nike, so exclusive distributor of nfl jerseys the first time this fall and stock up 40% by super bowl. >> brenda: jonas bull or bear on nike. >> already expensive, my friend. >> brenda: okay, what do you like, jonas your pre he dix. >> sky high oil prices and airline stocks cheap and play with fidelity fund and represent in one year. >> brenda: okay, toby, bull or bear. >> what is he smoking, he's crazy, going down and-- >> okay, and your prediction, toby. >> three out of ten kids are li