we did get a statement from gap, the parent company of old navy, and they say that the old navy's your at gap headquarters downtown will remain open and they are looking for other locations to keep stores here in san francisco. reporting from san francisco. jana katsuyama ktvu, fox two news. well san francisco is getting ready for a big moment. on the international stage. the city is hosting the 30th annual apec conference this fall spring launch event was held at the asian art museum today featuring mayor london breed and speaker america to nancy pelosi to help secure funding and business partnerships. the asia pacific economic cooperation meeting is a major annual forum. for trade , investment and economic growth . president biden, vice president kamala harris and world leaders are set to come to san francisco starting november 12th along with hundreds of ceos and delegates. at 11. san francisco police have arrested the suspect accused of shooting and killing someone last month in the tenderloin investigators recently identified 23 year old anthony timmons is the man they believe kil

. >>> at the same time, we'll hear from an employee of the soon to be closed old navy who says crime there has never been higher. >>> then spending millions of dollars to close a street that's been shut down for three years. why both officials and residents say it should be worth the cost. >>> and how san jose is doing with its goal of getting a thousand people off the street and into housing. >>> we start tot th another local business clon of its stores. cole hardware will shutter a location. >> they say it's not crime, but simple economics. online shopping and the pandemic were too much. >> before it was good and we were establishing ourselves, but then after the pandemic, things just started changing. >> old navy is the latest major retailer to announce the closing of a flagship san francisco location. the company cited crime and safety as reasons for the closure. >> and betty yu spoke with an employee who says rampant shoplifting is definitely a problem at the store. >> reporter: surveillance video shows a shoplifter walking out with a bag full of stolen items according to an old

and tonight old navy sent us a statement.y said that they still plan to have the shop at the gap headquarters open and they're going to be looking for other locations. also banana republic is planning to open a large flagship store down near union square. so they say they are still committed to having retail here in san francisco. it is really unfortunate, though, when you take a look and see all of that empty storefront there. alright, jana katsuyama. thank you. wrongful death lawsuit has now been filed following the death of banco brown, the suspected shoplifter who was shot and killed after a scuffle with the walgreen security guard . civil rights attorney john burris filed the suit today on behalf of brown's family. the lawsuit claims the security guard did not need to use deadly force and the suspected shoplifting incident. the suit states. brown was unarmed and that the security guard's life was not in danger. this is a chance where a decision was made. the decision was made. i don't like what you had to say. and if you

old navy sales are down 6%, and many of gap, inc.'s brands have gone through cost-cutting in recent years. >>> if a's end up moving from oakland to las vegas, we are getting our first look at what their future ballpark could look like. take a look. this is what the team envisions for the tropicana site on the strip. a's released these renderings today. the plan is for the park to have a partially retractable roof to deal with the desert sun and seat about 30,000 fans. this after the state of nevada announced that they have reached a tentative agreement with the a's for funding on the stadium. mlb commissioner says a league vote on the a's relocation could come as early as next month. >>> here's something to help us start the three-day weekend. fans are bracing for a weekend full of fun, food, and most importantly, music in the north bay. talking about the bottle rock music festival that kicked off today. pete suratos love from bottle rock, so many people, what's the vibe like? >> eye, i'm here. >> you are, pete. >> we lost it at the l

today, gap closed its old navy store right on market street in san francisco. gap says the flagship location will close on july 1st. gap says it's still committed to having a presence in downtown and is looking for new locations for old navy. old navy sales are down about 6%, and many of gap's brands have gone through cost-cutting measures. >>> tonight at 7:00, it's trending about everywhere. the weight loss supplement one surgeon called the magic bullet, ozempic. it's exactly what america has been waiting for, or is it? that doctor's going to join us with the pros and cons. that story and more coming up on our 7:00 newscast. >>> up next on "nightly news," patients and doctors sounding the alarm billion critical shortage of cancer drugs. it's forcing patients in dire need to skip treatment or to get alternative treatments that aren't as effective. on the fda shortage list, two common chemotherapy drugs used to treat breast and ovarian cancers. on "nightly news," what's being done to combat those shortages. tom llamas joins us from new york right now. >>> tonigh

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the other old navy location on folsom street that will remain open. today's announcement comes following several other retail closures in the union square area and market street, including nordstrom, saks off 5th avenue and banana republic. >> in the south bay grabbing groceries is starting to feel more like going through a security checkpoint store safeway in san jose say they've been dealing with shoplifters almost daily. so now there's just one way to get in and out of the store on all of expressway, a security gate is now in place at the store and store leaders say an alarm will be set off at the gate is pushed in any way at the registers. there are to every checkout line, a longer barrier is also in place to guide customers towards the exit. >> definitely. and just seeing the new security precautions. but i shop at the store often and i've seen many people shoplifting here all the time. and it's not just that they current that the homeless is. >> regular everyday people. >> councilmember pam foley, who represents that district in san jose says sh

. >>> then what's next for old navy after they salonpas lidocaine flex. a super thin, flexible patch with maximum otc strength lidocaine that contours to the body to relieve pain right where it hurts. and did we mention, it really, really sticks? salonpas, it's good medicine. >>> take a look at this. a man captured the moments after an airline pilot was locked out of a cockpit. the southwest pilot had to crawl through the window of the plane using a service ladder. it happened just before a flight from san diego to sacramento. southwest says it was departing passengers that accidentally leaned on the cockpit door as they were exiting the plane, even seasoned travelers saying they can't remember seeing anything like this. >>> yeah. if that wasn't enough, take a look at this. yeah, the plane door came open midair during a flight. that's just wild. >> passengers and flight crews say a man purposely opened the door a few minutes before landing in south korea. >> wait, dude. wait till it lands. >> reporter: it is every traveler's worst nightmare, an emergency

the other old navy location on folsom street that will stay open.ncement comes following several other retail closures in the union square market street area, including nordstrom saks off 5th and banana republic. >> jp morgan chase will not offer jobs to about 1000 employees of first republic bank. the san francisco based bank was seized and sold to jp morgan earlier this month. it marked the second the biggest bank failure in u.s. history. first republic cut roughly 25% of its workforce before being seized by the government employees who were not offered jobs at jp morgan reportedly will get an additional 60 days of pay and benefits. whether time now for our 4 zone forecast. the and this live shot here. the trans america build a building there. >> with a lot of gray clouds in the background. lot of gray. but nonetheless, lawrence, you know, a lot of people are going somewhere. that's right. they're headed out and about and enjoying the unofficial beginning of summer clouds moving inside the golden gate bridge right now. and it's been busy out there

july 1st after nearly 30 years in operation, a statement from gap, which owns old navy says it was a difficult decision to close the store. but they are already working to identify new locations in downtown san francisco that will serve the needs of the business and their customers. old navy is closure comes on the heels of many other downtown san francisco retailers shuttering, including nordstrom's two locations. we are getting a look now at how a new stadium for the a's in las vegas might look the ace today, releasing the first renderings of the proposed ballpark project calls for a 30,000 seat ballpark at the nine acre tropicana hotel site right there on the vegas strip. the stadium would feature a partially retractable roof. critics say the renderings appear to have been hastily done a steam president dave cable, though, said in a statement. this is the first conceptual design and that it will be refined over the next year. the a's are reportedly asking for $380 million of public funding. for the construction of the $1.5 billion stadium. after a bumpy kickoff to his presidential

(música)a) the nunumber one d doctor comprara shorts dedesde 15 dóló, ya, en o old navy y y oldnavy..n heridos >>> la familia dice desconocer el motivo >>> informÓ q que el sospechoso estatÁ detenido y pedirÁ. >> no sÉ como se llama >>> sÉ q que hay un expediente judicial en marcha a partir de la declaracioÓns d de la muerte tendrarÁ que ser declaraciÓn de cargos cuesta >>> el hermano pidiÓ a las autoridades agilizar para repatriar el cuerpo de benjamÍn >>> ataques de misiles en el me oro tiempo posible >>> sin embargo, en kyiv fueron detectados con el sistema detectados con el sistema >>> 18 misiles rusos en la vida, tete toca hacer r de todo. defendnder, amar,, atender,r, alentar,, cucuidar, compmpartir... defendnder, amar,, pero quiuieres hacerer más, por elellos y por r ti... defendnder, amar,, y estutudiar, parerece imposib. pero ¿qué tatal que una univerersidad apoyoyara todo tu u ser? tu cararrera, todo tu u ser? tu famililia, tus fifinanzas y tu s salud mentatal. nationalal universitity. apoyoyamos todo o tu ser. nationalal universitity. >> nos despedimos con un remolino de po

why old navy is closing its flagship symptoms of the location. inner voice (kombucha brewer): when i started my new kombucha business... i thought there would be a lot more kombucha... and a lot less business. inner voice (graphic designer): as a new small business owner... i've learned that trying to be the “cool” boss is a lot harder when you're actually the “stressed” boss. inner voice (furniture maker): i know everything about my new furniture business. well, everything except the whole “business” part. not anymore. with quickbooks, you can confidently manage your business. new business? no problem. yeah. right now, get 70% off for 3 months. >>> we had so much fun covering that prayer. the 45th annual carnaval parade made its way to the mission district and more than 3000 people danced and marched, representing more than a dozen latin american countries. the carnaval theme this year was 45 years of music and movement. there was a lot of that, a lot of music, dance, food and culture, that took over the heart of the mission. each year, a specta

old navy down 1% that was expected to be higher and athleta down 13% margins grew 570 bay ussis point less markdowns guidance mixed lower second quarter revenue expectations, but full-year sales are reaffirmed women's was the best category for old navy and gap active and kid's, those were softer there was some slower demand from the lower income shopper at old navy overall, store sales stronger than online sales, down 4% and 9% and that call is still ongoing melissa? >> courtney, thank you tim? gap? >> well, it's great that the gross margins are better, the company is making profit they announced a second quarter dividend, hurray, be the lapping, very difficult, you know, comps on freight and distribution, i think, are not reasons to do somersaults or cartwheels maybe somersaults is what you are doing when you are hitting those. i think good story, let's watch it the trends in retail are not encouraging, and they're not encouraging in apparel or discretionary retail look at lululemon, nike, which i'm short. you are going to continue to see some of the margin erosion >> short interest

old navy also has several other loyations in the bay area. they're located also in san francisco.n there's one in daly, city coma and emeryville. still ahead on the kron 4 morning news. scammers are targeting stores near you. how they're taking money off the gift cards you by without >> all right. we're back at 10. 44 and for those traveling this weekend, there are some not traveling this weekend. there are some new movies out now. you might want to both going to be here. yeah. what will make you take a little swim under the scene richard >> and the >> i lived in bed and don't wear is get from disney's the little mermaid has been charming audiences ever since its release in 1989. >> its story music and colorful, imaginative low. can it all? so we need something else. apparently disney talked so when they decided to do another one of their live action adaptations taking the story and characters and songs. >> recreating it all with actors and tons of special effects. it's the same story of the adventurous mermaid. >> was fascinated by the world outside of the ocean, especially in th

old navy closing decades-old location in downtown san francisco this summer.he retailer says it's "always evaluating its real estate portfolio to ensure a healthy fleet of stores that can provide the best possible experience for our customers". old navy joins a growing list of companies that are closing stores in the crime plagued city of san francisco. meanwhile in los angeles, a starbucks takes out its seating citing safety concerns. the move comes as customers say the homeless are constantly harassing workers. and the white house celebration for the champion lsu lady tigers comes to a halt after one of the players collapses during president biden's remarks. watch this. >> they're immense champs. everything is okay. we're going to -- rachel: wow, medical staff responding quickly after that player fainted and thankfully she's doing all right. coach kim mulkey says "as you can see, we leave our mark where we go". a debt session on vacation etiquette going viral on reddit and one guest shares her strategy of removing beach towels used to reserve chairs. i don't

old navy is the latest retailer to announce that it's closing its doors july 1st. the multistory flagship store has been open for 20 years at 4th and market. this means another retail space will go vacant in a struggling area. when asked about the closure, the mayor says she is optimistic. >> it's a different time. retail will change. they have already made it clear this is not about the issues and the conditions. this is about the changes to retail. that's just where we are at this time. it's time for us to make adjustments to that. what has downtown become? downtown has to become something different. >> old navy's parent company, the gap is looking for a new downtown location. they own banana republic and other brands and struggling to improve the bottom line. they announced that they will lay off 1800 workers. the west field mall is a few clocks away and lost gap owned banana republic. >>> there is a lot of questions about a potential move about the a's to las vegas. now we have the answers to one of the questions. what would the ballpark in vegas look like. we

old navy is the latest retailer to announce that it's closing its doors july 1st. the multistory flagship store has been open for 20 years at 4th and market. this means another retail space will go vacant in a struggling area. when asked about the closure, the mayor says she is optimistic. >> it's a different time. retail will change. they have already made it clear this is not about the issues and the conditions. this is about the changes to retail. that's just where we are at this time. it's time for us to make adjustments to that. what has downtown become? downtown has to become something different. >> old navy's parent company, the gap is looking for a new downtown location. they own banana republic and other brands and struggling to improve the bottom line. they announced that they will lay off 1800 workers. the west field mall is a few clocks away and lost gap owned banana republic. >>> there is a lot of questions about a potential move about the a's to las vegas. now we have the answers to one of the questions. what would the ballpark in vegas look like. we

old navy following another closures by nordstroms, whole foods, gap in the same area.heranos founder elizabeth holmes will surrender. holmes will spend 11 years in prison after convicted of defrauding investors. holmes ran theranos for 15 years when tests were unreliable and using tests from other companies. disney little mermaid made a big splash over the memorial weekend. >> you can't live in the world unless you become a human yourself. >> is that even possible? >> it's what i live for. cheryl: the action rem remake, t year top maverick set record for $160.5 million, that was its launch and then there is this, now is aaron doggers a new york jets but also swiftie. the quarterback can be seen dancing and singing, singing his heart out to shake it off. by the way lots of celebrities there. paul rudd was there, mornings with maria producer was there. celebrities were there over the weekend at taylor swift. maria: thank you, cheryl. didn't the new york times criticize the little mermaid. i know that it made all that money but i saw earlier that the times had stupid comm

old navy is the latest retailer to announce it's closing its doors come july 1st. the multistory flagship store has been open for more than 20 years on 4th and market. this means another massive retail space will go vacant in an already struggling area. when asked about the closure today, mayor london breed remained optimistic. >> it's a different time. retail is going to change. they've already made it clear this is not about the issues and the conditions. this is about the changes to retail. that's just where we are at this time, and it's time for us to make some adjustments to that. so what does downtown become? it has to co me me >> the gap-owned company says it's looking for a new downtown location. the company has been struggling with profitability. just last month, it announced plans to lay off 1800 workers. banana republic inside the mall next door is also closing up shop along with nordstrom, nordstrom rack, and saks off 5th. >>> there's a man taking charge to revitalize his neighborhood, and he's getting some support. >> reporter: it's become known as the

july 1st after nearly 30 years in operation, a statement from gap, which owns old navy says it was aecision to close the store, but they are already working to identify new locations in downtown san francisco that will serve the needs of the business and their customers. or navies. closure comes on the heels of many other downtown san francisco retailers shuttering their doors, including nordstrom . now we go to san jose, where the city is preparing to take action and find a developer $1000 a day for neglecting a historic church downtown. as ktvu zen, rubin explains, if the church does not get sold to someone else soon city officials may take it back themselves. in san jose under this tattered tarp since the once majestic first church of christ, scientist advocates say years of neglect and a wet winter have taken their toll. it is horrible . it is as bad as it looks. owners, e nl properties had blended development here back in 2014. it never quite got off the ground and now the company's chairman sits on house arrest in london embroiled in a bribery scandal out of san francisco. this

why old navy is closing its flagship san francisco location. >>> first a tour of san francisco to findlex alert! a popower outagege is loomini. ththat's just t alert, he's's always gegetting workrkp about somemething. flex alelerts notifyfy us of preventablble power ououtages. that wayay we alwaysys know whn to helelp stop onene. ok flex, j just drop s some knowowledge on m me again. ohoh, ok i wilill - i'll t turr thermoststat to 78..... i'll unpnplug the blblender. ththe hair dryryer. - my blalankie? - - yep! - let't's talk abobout it! - - nope. ooo, we cacan save thehe laundy til' thehe morning!! oh, , yes pleasese! ohoh! little t things likeke s help save e our powerr and hehelp save usus from outat. with flelex alerts,, the popower is oururs. >>> welcome back. coyotes are a common sight in parts of san francisco. this year we have seen more than usual. max darrow went to the city's natural resource division to see their favorite spots and how to avoid them. >> it's wonderful that we have wildlife in the city. coyotes are amazingly beautiful animals. >> you can watch the full story

the old navy location that is closing will close-up on july 1st. the westfield mall a few steps away lost its gap-owned banana republic and flagship nordstrom stores. >>> will they or won't they? it seems like every time we hear new details about the oakland a's potential move to vegas the more questions we have. tonight we have one potential answer, what would an a's ballpark look like? my gosh, i know you have to look at that and more on people who are really holding out hope with all of the confusion maybe the a's end up staying, maybe? ,maybe? >> it has been difficult for fans. >> reporter: after seeing the renderings they are convinced that the team is far from hitting the jackpot in vegas >> it is a clown show. it is a huge circus. >> reporter: kirk has been leading the grass-roots effort to keep the team in oakland. >> the answer is in oakland. th answer is in oakland. they are giving everything they wanted and needed financially. >> reporter: he is more convinced than ever the termina site is the bestor a's seeing rethe reerings for like ma

the other old navy location on folsom street will stay open. today's announcement comes following several other retail closures in the union square and market street area, including nordstrom saks off 5th and banana republic. lawmakers in california continue debate about how to address a certain throughout the state. this after billions have been spent on this matter of the last 5 years, we're going to clarify just a moment here. we're talking about homelessness now, a bipartisan group has commissioned an audit to figure out if all these funds have been spent wisely. part of the audit will analyze california's long-held housing first policy. its focus is on getting people into shelter without requiring them to address any drug or mental health issues. first. >> you really need that housing to achieve those results and without housing, it's it's near impossible to achieve any kind health care or substance use treatment while you're still dealing with crisis on the streets. >> lawmakers hope the audit will help figure out whether or not long-term

old navy will shutter its flagship store on july 1. it opened in 1997. company says the way it leverages operations as changed and is looking for a new downtown location that better fits its needs. the mayor says the closure is part of a larger shift in the overall retail model. >> it is a different time. retail is going to it is not going to be what it was especially in the place that you can have your deliveries on the tip of your po ge stuff sent to your house. ama: banana republic closed in april. the company says it is committed to doing business in san francisco. dan: developing news, the a's have released the first renderings of the proposed 1.5 billion dollars ballpark on the vegas strip. officials say the retractable roof stadium will sit on nine acres of the 35 acre tropicana site. critics have pointed out problems. the a's management admits it is the first rendering that they will release. leaders reached agreement on a funding package that includes up to $380 million in public financing. neither the a's nor the tropicana side are mentioned in

the other old navy location on folsom street will remain open. today's announcement coming though, following several other major retailers in union square and on market street saying that they're going to close, including nordstrom, saks off 5th and banana republic. we're just getting started here during kron. 4 news at 3 on this friday. coming up, bay area, animal shelters are overflowing with potential pats. what they're asking from the community. >> as they try to find these loving animals, new homes. >> there is a capacity crisis of animal shelter sweeping all across the bay area. kron four's has he been viewed? went to an animal shelter that's now making it easy for anyone interested in giving a pet a new home. >> here at city of san jose. animal care and services. they're all over. 900 pets needing a new home, the highest number in recent memory. i've been here for 22 years. and so this is the highest number i've ever seen at the shelters, the director of the shelter j to says there are various reasons why more folks are surrendering out th

i know, because i used to be a loss prevention manager fo old navy for years. why this black young boy had to be taken away from something so senseles that everybody in this communit and everybody around san francisco nose. >> xavier said he last spoke to him a month ago when banko shared that he was experiencing hardships. >> you wanted to be a fashion designer and design clothes. he had a bright future. >> reporter: moreland is also black trans man. >> we are here and we are makin noise. we have been making nois for years. the situation is tha it is just really screwed up, the fact that we are here , and it is because one of our own were killed because they did no have access to resources. >> i hope for this walgreens to be shut down. the next thing i hope for is that these organizations that support integrity that is put into plac and how they run who gets beds and housing. >> to go back to the sequence o events, the rally ppened by >> reporter: th's ght.at e rall commity mes to show th justice to show the family support, but that was before we learned of th

pickleball will soon be replacing outgoing bed bath and beyond, old navy, and sax off 5th stores.a benefit to malls who are trying to draw tenants and commerce inside while players can take advantage of all the vacant space. that's your "moneywatch" report for this tuesday morning. i'm shanelle kaul, cbs news, new york. >>> the james webb space telescope helped make an exciting discovery. thanks to the telescope astronomers were able to observe water vapor around the main astro belt for the first time. it can shed light on how oceans on our planet were formed. the webb telescope also captures new details of dusty rings of debris around a bright star 25 light years from earth. >>> up next, martha stewart takes the plunge. we're going to show you her "sports illustrated" swimsuit cover, which is making history. . that didn't work. on golo, i spent a couple hundred bucks and got back down to my high school weight. you're not gonna believe this thing is possible but it is. moderate-to-severe eczema doesn't care if you have a date, or a day off. get out in front of it with cibinqo. for

that includes gap stores, old navy, banana republic and athleta brands. >>> as the job market people, these graduating students walked across the stage today. we stopped by the ceremony for the college of engineering and spoke to students about the prospects of entering an uncertain job market. >> i think things are getting worse now, especially with software. it's difficult. i think other fields are easier where with software it's really tough. there are a lot of layoffs. >> congratulations to narin who secured a position at yahoo and began working before he graduated. graduates and their families know the hard work it's taken just to get to in moment. sometimes you get a little bit more help outside the classroom. here's how a free tutoring, yes, free tutoring program in san francisco made all the difference for one middle school student. >> >> reporter: on any given day this center is full of students learning and having fun and i had the opportunity to spend the entire afternoon with one special little girl to see how these free resources are changing her life. seventh grader shar

her announcement comes just as we got word of another major blow to downtown, the old navy on market street planning to close july 1st when its lease expires. its parent company, gap, would only say the way it leverages flagship locations has changed since it opened in the '90s, but it also said it's working on identifying new locations downtown. so it's easy to hear this and think it's all doom and gloom for san francisco, but our wilson walker caught up with the mayor on a merchant walk today and found out that's really not the perception in every part of the city. >> i've fallen in love when i came and i'm still in love with the city. >> reporter: her love affair with san francisco is going on 30 years. there have been ups and downs, but ask how things are going these days in noe valley. >> so there is a little difference after covid, about the things are good here. i'm happy. business is good. i feel safe. >> i'm putting in a window for my plants to keep them in the sun of . >> reporter: just a block away mayor london breed who heard from some of the upbeat business owners and fi

clothing, like spring and winter clothing, i would suggest going in person, especially stores like gap, old navyarly in the weekend. they are offering 75 to -- 75% to 80% off clearance clothing. that could be good to get you through the summer or fall and of course winter, prepare for next season. there are some good sales to be had for that. karina: wonderful. thank you so much. some great tips and great information there. thank you. a reminder -- you can get our live newscast, breaking news, weather and more with our abc7 bay area streaming tv app. it's available on apple tv, google tv, fire tv, and roku. just search "abc 7 bay area" and download it now. here to tell you about life insurance through the colonial penn program. if you're age 50 to 85, and looking to buy life insurance on a fixed budget, remember the three ps. the three what? the three ps? what are the three ps? the three ps of life insurance on a fixed budget are price, price, and price. a price you can afford, a price that can't increase, and a price that fits your budget. i'm 54 and was a smoker, but quit. what's my price? you

old navy is the latest retailer to announce it's closing its doors come july 1st. more than 20 years on 4th and market. this means another massive retail space will go vacant in an already struggling area. when asked about the closure today, mayor london breed remained optimistic. >> it's a different time. retail is going to change. they've already made it clear this is not about the issues and the conditions. this is about the changes to retail. that's just where we are at this time, and it's time for us to make some adjustments to that. so what does downtown become? it has to co me me >> the gap-owned company says it's looking for a new downtown location. the company has been struggling with profitability. just last month, it announced

those agencies are increasingly weaponized against the american people themselves. 77-year-old navy veteran for building ponds on his ranch to fight wildfires. the environmental protection agency, the american people think they can send their tax dollars is putting navy veterans in jail because they didn't have quite the same interpretation as some federal bureaucrat here in d.c. that's a debate i want to have. i don't think that's a cut to the epa and yet that's the type of thing that will do that. we will be able to get a handle on our finances. host: on taking our medicine, democrats will ask the questions and have, what is it only time to take our medicine when a democrat is in the white house? what would you say to them? guest: i would say that's not the case. we are willing to have these cuts when we were in office in well they just rejected them. they had power, they had agenda and they wanted to use the debt limit to rollback the tax cuts, they wanted to rollback our regulatory ambitions. so we were in a position where we had to recognize what's critical to keep the economy going. b

. >> and old navy, all of those all the time, they reported a surprise first-quarter profit.st anyway they can. inventory down 27% from a year ago so they don't have as much stuff to sell at a discount. i can speak to this but i got a lot of emails, we apologize, we didn't have that. stuart: adobe, where are they? lauren: we did the story that there putting ai in their photoshop capabilities and i can't wait for my next business picture. this is the distorting of the reality that we know but there are positives to it. about 4%, it is up 4% today, up 10% this week on a real use case for artificial intelligence. lauren: it is hard to get everyone to smile. you don't have to look at the camera. i will make you look at the camera. you fix it, we will never know what the real world looks like. that is really -- isn't that sad in a way? a picture perfect world and totally fake. stuart: and improve your appearance, take off 15 pounds. the 24 presidential race kicking into high gear. rich edson is with me, are attacks on desantis ramping up? >> they are. he is attacking others as wel

he used his severance pay when he left the old navy. i think it was something like 7400 pounds to set up a projects around the u. k. i think there were 21 in total to start with the ideas shown and it involves many young people as possible in doing constructive things and not just trying to use the money for their own enjoyments, whatever it is, he was really there looking out for young people in particular, disadvantaged young people who prox, because of their circumstances, didn't have access to education or training. the self confident yet often restrained prince often flummoxed people. while much by the press he engaged with common folks and ignored his critics as best he could. even poking fun at his own image. ah, he has perhaps an unfair reputation as being rather old fashioned and formal, but actually in the flesh. he's a very engaging, charismatic person with a great sense of humor. as he demonstration while playing the weather man on a visit, the baby see in the west. rain will be lights from patches the will maybe a few dryer

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biden's legal team claims he paid $750,000 in child support since he learned that he fathered 4-year-old navyfamily refusing to recognize her as a biden. the arkansas judge overseeing this battle scolded hunter's team for withholding this financial information saying, quote, the ability to redact is somewhat being abused. i'm seeing a lot of things filed especially by mr. biden's counsel, sealing things and redacting things that are not confidential. >> i think a very sad development. when you look at hunter biden, we were just talking about, he's a more tragic figure than the characters of the kids in succession, it is one thing after another. when you look at this issue, you look at him at dead beat dad and when you look at the other things coming out, it's horrible, it's sad. it has to be heartbreaking for the president to see things after the other. the real question is what connection with the president. maria: yeah, we will take a short break, when we come back jp morgan wins the bid pgr first republic assets and federal reserve two-day meeting kicks off today. we are talking with john

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. >> reporter: mike mcgrath was a 27-year-old navy pilot when he was shot down over north vietnam andthis prison in ha hanoi. >> this is where the guards could check on you. they would harass you day and night. they would clang it. you couldn't sleep. >> reporter: part of the prison, the p.o.ws sarcastically call the hanoi hilton is here in the united states. >> this is very real. >> reporter: salvaged when the old prison was tore down and on display at the american heritage museum outside boston. >> oh, my god. that's a cement slab. that's my mattress and my bed for years. >> reporter: it's been more than 50 years and only a handful of the surviving p.o.w.s could make it for the opening of the exhibit. just turned 80, charlie plum is one of the youngest. this is a fraternity like no other. >> this is a fraternity like no other. when you have guys that saved your life and they say you saved their life, you had a bond like no other. >> reporter: their harrowing stories are here at the tououchf a finger.. thee late j james stockdale, w received the meddal of honor fo courage in captivit

laughter] and now courts are taking over spaces firmly occupied by retail giants like batman and beyond old navyveryone is getting the hang of it. >> hit the ball. look at that. look at that. oh, that is -- >> oh! >> oh! >> greg: here i thought he was just bad at broadcasting. [laughter] that was so mean. what is the message here, kat? the greatest things that we grew up with, malls, shopping malls, is now being turned into, like, activities for retirees. what does this say? something is happening. >> kat: you know i don't like activities. >> greg: i know. >> kat: i don't know what this is. no one would ever invite me and that is the right call. bed bath & beyond is a sad place, though. >> greg: is it? >> kat: yeah, it is said. you wonder, who is buying those snacks? i always wondered that. >> greg: that is part of the beyond. >> kat: yeah. >> greg: that was a problem with bed bath & beyond. beyond was so amorphous it could be anything. i once bought a sawed-off shotgun and bed bath & beyond. >> kat: yeah. >> did you really? >> kat: i don't know who this is for. i don't know why you would do it.

missteps, consumers spending less on apparel comparable sales for gap, inc., down a little more than 2% old navywn 4 and 5% respectively. it's been operating under an interim ceo since july of 2022 the shares have shed 1/3 of their value. we do have pretty good insight into what that quarter is going to look like when we hear about it after the bell. sales strengthened in after march. the consumable products, more stable items those are stronger than discretionary higher goods. the costco shares have one of the highest ebitda multiples it's down half a percent since it last reported earnings. shares don't typically move a whole lot on the earnings. very important, very large retailer in the space. scott? >> courtney, thank you that's courtney ragan. mike, got to turn back to you. getting loud around here that's just fine with us >> sure. >> absolutely fine with us >> so nvidia the other part of this story is who hasn't taken advantage of this that's cathie wood at arc invest >> i think if nothing else, it shows you how difficult it was to kind of look out where the numbers went in terms of earni

old navy is the latest retailer to announce they're closing its doors in july when their lease expirese flagship store has been open for more than 20 years at 4th and market. its parent company, gap, would only say the way it quote, leverages flagship locations has changed, since it opened back in 1999. they're also working to identify new locations downtown. gap, which also owns banana republic, has been struggling with profitability. just last month they announced plans to lay off 1800 workers. >>> just a few miles away, the unofficial mayor of the mission is taking matters into his own hands to revitalize the mission. john ramos shows he's getting some high profile support. >> reporter: it's become known as the doom loop, an economic spiral for a san francisco downtown that never really recovered from the pandemic. the mission district has its problems as well, but it has something the downtown doesn't. people. the people who populate the city's iconic latin x neighborhood don't have the option of working remotely. they live in the area, or at least try to, and most survive on littl

old navy was too big of a store for downtown anymore. but whatever the reason, the bottom line is there are fewer stores in the downtown of san francisco. and that is a real problem. because in other it is not new. we have brick-and-mortar stores closing all over the country. but in san francisco, it is a concentration of them and you have the offices emptying out. it is not just but the offices as well. tourism is down as well. those three together, that's what the problem is in san francisco. it would be a problem anywhere at this rate. it even the will to because of the other vacancies which leads to a domino effect that keeps going around. less foot traffic, fewer stores, more empty stores, fewer people want to go in. larry: then you have the whole issue, the tax issue in san francisco. >> the taxes are higher in san francisco. and also this, if you are paying an off-duty cop $1000 a day to stand outside your store, that is upwards of $300,000 a year that you are already out. and you don't have to pay that someplace else. you are jus

i think we are going to talk about one about old navy.'m sceptical of. >> lexi your thoughts, who is the winner? >> the complaint does not detail how he used the wipes or what context how many he stuffed down the toilet so it's hard to say but i'm on the side of the company. >> alex lexi thanks for staying up and breaking it it down. >> thank you. >> thank. >> does mindless scrolling through social media lead to more impulse spend something there's time to weigh in on twitter and instagram. the nightcap crew is next. >> fox weather thursday oh paying a block breaking down that opens up the opportunity for severe weather southern kansas oklahoma and lone star state active afternoon and evening, both coasts going to see one more day of gloomy conditions and rain and then it will finally start to clear out can you download the fox weather app or stream it from your favorite connected tv device. it changes how you eat, how you feel, and how you enjoy life. it changes your smile and how others smile at you. clearchoice network doctors have cha

inside malls could see a big turn into indoor pickle ball courts with stores like bed, bath & beyond, old navyl that vacant space. real estate investment firm has an idea, they think pickle ball would be a good replacement for those spaces because people crave social experiences. a sports group says the number of people playing pickle ball has grown over 150% in the last three years. it was a good night at the glaad media wards. our friend was there, nominated. congratulations. reggie: thank you. it was awesome to be there. i did not win. we are going to keep trying. please nominate me next year. the awards honor media or fair, accurate and inclusive representation of lgbtq people into the issues we face. you can see my husband there, can who works at abc 7 was nominated. we had a great time. that is my favorite. my favorite queens from my favorite show, rupaul's drag race. abc 7 was on for outstanding journalism for a story called pride to be seen. one of our colleagues, carl, it was fun to see him. there is me, i am bothered after not winning. [laughter] we had a big after party. i met bob t

they would test the engines inside of this old navy jet engine testing facility, but you could hear thesets echoing through the neighborhood as the years went on. they have the rockets standing up in the back of their facility . these rockets are essentially missiles, little icbms. i kept waiting for somebody, the police, i don't know who you would call, nobody ever called. it took a couple of years. a helicopter traffic crew finally spotted dismissal sitting in the back. susan: what happened? ashlee: there was some uproar. by this point, the city officials knew what was going on. i do not actually think that many government officials knew what was going on until light well into astros history. they had to start inviting people in because it was very much meant to be a surprise situation. when the news report came out, it made the press that there was no immediate uproar. i actually don't think most of the viewers were some of the typical viewers really understood what was going on. susan: people. this chapter, there is so much about the many failures they had. they were launching from th

i know because i used to be a loss prevention manager for old navy for years. almost more than a decade. why this black, young boy had to be taken away from something so senseless that everybody in this community and everybody around san francisco does. truck xavier said he last spoke to him a month ago, when banko brown shared he was experiencing hardships . >> he wanted to be a fashion designer and design clothes. he had a future. he had a bright future. >> reporter: he is also a black trans man. >> we are neglected, right. we are here and making noise. we have been making noise for years. the situation is, it is screwed up . at the fact we are here and it is because one of our own were killed. because they did not have access to any resources . >> i am hoping for this walgreens to be shut down. the next thing i'm hoping for is that these organizations, there is more integrity that is put into place in these organizations and how they are actually writing who gets beds, who gets housing. >>> now let's look at our top story today. thousands of oakland teachers

i know because i used to be a loss prevention manager for old navy for years almost more than a decade. why this black, young boy had to be taken away from something so senseless that everybody in this community and everybody around san francisco does. >> reporter: xavier said he last spoke to him a month ago , when banko brown shared he was experiencing hardships . >> you wanted to be a fashion designer and design close. he had a future. a bright future. >> reporter: he is also a black trans man. >> we are neglected, right. we are here and making noise. we have been making noise for years. but the situation is it is screwed up at the fact that we are here and it is because one of our own were killed because they did not have access to any resources. >> i am hoping for this walgreens to be shut down. the next thing i'm hoping for is that these organizations, there is more integrity that is put into place in these organizations and how they are actually running, who gets beds, who gets housing. >>> let's look at our top stories. thousands of oakland teachers have said if they do not rea