reporting live in the financial district, noel walker, ktvu channel 2 news. >> thank you. >>> president obama is under -- is under increasing pressure to work on the economy. several democrats and plans say the president and congress are to blame for america's first ever credit downgrade. and with two weeks now of stock market volatility and losses, they say it's critical for congress to start solving some of the nation's economic problems. at least one former white -- white house economic adviser agrees. >> when you look at 9.1% unemployment and probably even more importantly, the absence. a real concrete plan to get america back to work. >> the president is planning several meetings this afternoon with timothy geiger. there's also -- timothy geithner. there's also word the president will be vacationing on martha's vineyard with his family. but even on that communication, he will be in communitycation with -- with -- communication his staff. >>> coming up later we'll take to you a bay area that's busy trying to then people find work. we'll tell you why that is a he special day for the

noel walker, ktvu channel 2 news. >> it is a dog attack that shocked a community. a pit bull malls his pregnant owner. tara moriarty says this is the first time such an attack has happened in 25 years. >> reporter: that's correct. we spoke to the captain and he says investigators are waiting to the autopsy results on the victim and the dog in order to get a better idea how it played out. an hour and 1/2 ago her husband came about the house to pick up things. neighbors keep stopping by the home with flowers, candles and well wishes. yesterday morning craig left for work and when he came home for lunch he found his pregnant wife bitten and dying on the living room floor, the bloody pit bull hovering over here. >> this was one of those bloody scenes we respond to, she did have a lot of trauma. she was not responsive. she was not breathing. >> police shot and killed the pit bull after it lunged at them. the examination will reveal it if had rabies or a condition that led it to attack its owner. we spoke to one owner. she says she is relieved no neighborhood children we

ktvu's noel walker is live with the story. >> here at the high school there is a sign up marking graduation, meanwhile just behind me and steps away from the sign is another one a permanent marker for a student who was killed while walking home 27 years ago. >> reporter: tina faelz's image is frozen in time. >> i think it's worse as the years goes on. >> reporter: he would be her stepfather. 27 years go someone stabbed her to death as she walked home from the high school, walking near highway 680. now three decades later police believe they know who that someone is. >> our suspect was a foot hill high school student. lived near the school and in close proximity to where the crime occurred. >> reporter: police retested old evidence using new dna technology and got a break. because the suspect was 16 that time of the crime investigators are not releasing his name. he is now 43 years old. >> the murder of this quiet 14- year-old freshman made the people of pleasanton look at the world entirely different that day. >> reporter: there was an innocence lost. the new neighbors who moved on to the s

noel walker is there to tell us how those thieves got in there, noel? >> reporter: we all know schools are not exactly rolling in the dough right now and when the students return to school they will be the ones who suffer because the thieves are not on summer break this time. in the last break in, the thieves seemed to know what they were doing earlier this week because they removed a board that was recovering a smashed window from a previous burglary. the take this time was four cameras totaling $400 and that's pocket changed compared to the $3,300 on july 25th and $6,000 worth of computer equipment taken on july 8thth or 9th. now this is not the only palo alto school to be attended this summer by palo alto thieves. last week they suspected two men suspected of breaking in to the high school. police recovered stolen computers in that case. jordan high school has also been hit in palo alto and all told three schools over the summer break have had equipment cameras and computers more than $40,000 stolen and all of this during a time when schools are stru

noel walker is live with more. what have you heard?dence seems to be, unfortunately, pointing to that direction. we have people milling around in the parking lot. probably nine out of ten of them, i see tearing around these manila envelopes that appear to have pack ets in them. i -- packets in them. i talked to a couple of people and this company was touted as an example of green technology. the doors are closing. ktvu received tips to our newsroom this morning from solyndra employees who describe being told to report to an area after their shift and then being handed an unemployment package and being told the company is closing. a company spokesperson would only tell us that a press release is coming at 9:00 a.m. this morning. solyndra makes large scale solar panels and was touted by president obama as an example of federal stimulus dollars at work. the company received $500 billion in stimulus money but has never turned a profit in. in november, solyndra said rather than hiring 100 workers as president obama indicated during his visi

ktvu's noel walker tells us what led investigators to the man they believe fatally stabbed the 14-year-oldn her way from school. >> reporter: tina fales will never grow old. her smile has frozen in time just as time has stood still for her family. ron orozco would be tina's stepfather if she lived today. someone stabbed the 14-year-old as she walked home from high school. now nearly three decades later, police believe they know who that someone is. >> reporter: our suspect in this case -- >> our suspect in this case was a foothill high school student at the time of the murder. he lived near the school and in close proximity where the attack occurred. >> reporter: police dot their big break because the suspect was 16 at the time of his alleged crime, investigators are not released his name until he's cleared from the juvenile courts, he's now 43 years old -- police got their big break. there is some measure of relief for tina felios's family but there's still one lingering question. >> who could keep that a secret for so long without someone feeling like they had to do the right thing. >> r

ktvu's noel walker tells us what led investigators to the man they believe fatally stabbed the 14-year-oldgirl on her way from school. >> reporter: tina fales will never grow old. her smile has frozen in time just as time has stood still for her family. ron orozco would be tina's stepfather if she lived today. someone stabbed the 14-year-old as she walked home from high school. now nearly three decades later, police believe they know who that someone is. >> reporter: our suspect in this case -- >> our suspect in this case was a foothill high school student at the time of the murder. he lived near the school and in close proximity where the attack occurred. >> reporter: police dot their big break because the suspect was 16 at the time of his alleged crime, investigators are not released his name until he's cleared from the juvenile courts, he's now 43 years old -- police got their big break. there is some measure of relief for tina felios's family but there's still one lingering question. >> who could keep that a secret for so long without someone feeling like they had to do the right thing

as ktvu's noel walker told us. >> the fish was about this big. >> reporter: this is a fish tale withphoto evidence. that's martha vasquez all 5'1" of her holding her catch of the day. >> it started on the star burst side right there. >> reporter: last sunday, martha was fishing when she found out what it means to be in hog help. it started with a thug of the line. >> there were a coupleover times when i wasn't sure if i was going to be able to pull it in. but i did. it was my arms were burns and they felt like noodles. >> she had some woman power there, i'll tell you. she hung in there. >> reporter: sean hodgens says it gives him hope the fishing industry will come back after a bleak year last year. >> a year ago we caught a 40- pounder every day so this seems this is going to be the year to catch that 45-pounder again. >> reporter: there are a few empty splits like this one with sports fishing boats out for the day. but take a look for the left and over here to the right, more often than not you will find lots of boats still here at the pier. take a turn around there, boats as far a

as ktvu's noel walker told us. >> the fish was about this big. >> reporter: this is a fish tale withhoto evidence. that's martha vasquez all 5'1" of her holding her catch of the day. >> it started on the star burst side right there. >> reporter: last sunday, martha was fishing when she found out what it means to be in hog help. it started with a thug of the line. >> there were a coupleover times when i wasn't sure if i was going to be able to pull it in. but i did. it was my arms were burns and they felt like noodles. >> she had some woman power there, i'll tell you. she hung in there. >> reporter: sean hodgens says it gives him hope the fishing industry will come back after a bleak year last year. >> a year ago we caught a 40- pounder every day so this seems this is going to be the year to catch that 45-pounder again. >> reporter: there are a few empty splits like this one with sports fishing boats out for the day. but take a look for the left and over here to the right, more often than not you will find lots of boats still here at the pier. take a turn around there, boats as far as

ktvu noel walker joins us lye she's in san jose to tell us how this may help a lot of homeowners heree bay area. >> there could be some relief for those struggling homeowners. the obama administration could unvail a plan as soon as next week that would be aimed at reducing foreclosures and reviving the struggling housing market. now, it will allow loans back by freddie mac and by the federal housing administration to be refinanced. not all homeowners would be eligible, but this plan would allow those select mortgage holders to re-fi. even if they currently owe more than their property val value. 33% of the homes there are currently in foreclosure. places here in santa chair are county fair quite a bit better with foreclosure rates going down actually from last year. now if those homeowners can refie, they can fake advantage of the lowest interest rates in 50 years. right now the interest rate on a 30 year mortgage as of last week was 4.22%. so that could be good news for a whole bunch of homeowners if this plan goes through. again, the obama administration expected to at least hit the