davis, who needs capital and manpower, goes into business with wealthy san francisco merchant levi straussay 20, 1873, american blue jeans are born. a pair costs about a buck. levi's markets their denim overalls as the uniform of the working class. >> who bought them at the time? >> miners in the west, farmers, mechanics -- anybody that did hard labor would have bought levi's back then. >> that's because workers love how tough and durable the pants are, as this pair from 1890 proves. >> from the 1800s? i mean, they feel like they could be right now. they really could withstand a lot. >> absolutely. >> so it was all about strength? >> it was all about strength. >> now, here's something really important to remember in this "strange inheritance" tale. in 1906, the epic san francisco earthquake devastates the levi's headquarters... >> their building, it was completely leveled. >> ...along with all of levi's records and inventory. the first 30 years of the company's history -- gone. of course, for the next century and more, the company thrives. indeed, the pants it manufactures become an americ

davis, who needs capital and manpower, goes into business with wealthy san francisco merchant levi straussay 20, 1873, american blue jeans are born. a pair costs about a buck. levi's markets their denim overalls as the uniform of the working class. >> who bought them at the time? >> miners in the west, farmers, mechanics -- anybody that did hard labor would have bought levi's back then. >> that's because workers love how tough and durable the pants are, as this pair from 1890 proves. >> from the 1800s? i mean, they feel like they could be right now. they really could withstand a lot. >> absolutely. >> so it was all about strength? >> it was all about strength. >> now, here's something really important to remember in this "strange inheritance" tale. in 1906, the epic san francisco earthquake devastates the levi's headquarters... >> their building, it was completely leveled. >> ...along with all of levi's records and inventory. the first 30 years of the company's history -- gone. of course, for the next century and more, the company thrives. indeed, the pants it manufactures become an americ

he is levi strauss & company's president and ceo. chip it's good to see you today. >> hi, becky.t the case for having a border adjustment tax, which is pretty unusual coming from a former retail executive. what's your case for why it shouldn't take place? >> well, i think even bill understands, and in his testimony yesterday indicated, that this would be really difficult for the apparel industry. i think it's important to step back, you know, first of all, we do believe tax reform is necessary. we believe a reduction in the corporate taxes to make u.s. companies competitive on a global basis is important. but including border adjusted tax as a way to fund this is absolutely wrong. it's going to be bad for our company, for sure. and i can take you through that. but we also think it's going to be bad for the consumer and ultimately bad for the economy. >> chip, there are two reasons that the border adjustment tax has been proposed. one is for funding, as you just acknowledged. but the second reason is that they're really trying to make this a more hospitable place for manufacturers

so i was -- i was standing in the front of the levi strauss store.en and a bunch of teem were screaming and a bunch of people ran past the door. behind them was a burgundy car that was flooring it. this guy was going probably 50 -- 50 miles per hour. he was flying. he mowed over -- unfortunately he ran over a woman in front of me. another woman in the intersection and then he kept going. and then i saw him get another two blocks before he collided with something, some barrier where it launched the car up into the air. that was -- and i left the store and walked down there and there were bodies all over the sidewalk. i mean -- >> did you happen to get a look at the driver? was it a man or woman? >> a man. >> did you see any intent? was he passed out? was he awake? what was going on there. >> i walked down there right when they were bringing the suspect. they caught him. i've got video of him. i don't know if it has uploaded yet. it was a -- it was a dark skinned male, mid-30s. didn't have a shirt on. he didn't look drunk. of course he had like eight p

rogers also served as ceo of levi strauss, chairman of the san francisco federal reserve bank, and head of safe way's board of directors. now, oakland's mayor levy schaaf offered her condolences to gary rogers family in a statement adding she hopes they can, quote, take some comfort in knowing that this community is richer for his contributions to it. gary's legacy will be felt for generations to come. we have information about rogers' legacy and the foundations he supported at abc7news.com. >> big news out of great britain today. buckingham palace has announced prince philip will retire from public duties. the 95-year-old has been by queen elizabeth's side for 70 years now and is taking a step back. abc7 news reporter mollie hunter with the details. >> reporter: it is the end of an era, a milestone british people knew was coming. prince philip, 95 years old, will be putting his royal feet up. this fall retiring from the public eye. seen today after the announcement with his wife queen elizabeth just by her side, like he so often is, supporting her as he has for decades. >> i've been su