that's the car he swapped for a porsche.y took him 14 trades to get from a free phone to a $9,000 sports car. >> never in a million years would i ever think i would have a porsche from a cell phone. >> reporter: this type of deal- making has taken off since the recession began-- craigslist has seen online posts for barter jump 180% in three years. steven says the people on the other side of his transaction got something they wanted too. >> the guy that i traded the porsche, he wanted the bronco to drive down to mexico. >> reporter: and the guy who gave steven the phone in the first place, he's proud of what he started. >> you can take something little and turn it into something huge. >> reporter: as for steven, he's still hunting for his big deal >> reporter: as for steven, he's still hunting for his next big deal. >> a nice truck that runs good. >> reporter: whatever you say, steven. rebecca jarvis, cbs news, new york. >> that is "the cbs evening news." i'm katie couric. thanks for watching. i'll see you tomorrow. goodnight

he his name is steven ortiz, he had an old cell phone and traded up to porsche. he uses craigslist.raded to a better phone that he traded for a i-pod plus. the good bikes and then laptops. >> forerunner for a golf cart and it may not belong here then more valuable dirt bike and then a series of cars ending with a '75 bron can he. >> the bronco got him that porsche since older bronco is considered collectibles. >> i want to find the guy who traded the porsche for the bronco. i want to make a trade with you, too, buddy. >> he is only 17. >> and how about the temperatures, a little warmer temperatures coming up tomorrow but very overcast throughout much of the bay area today. >>> from all of us here, thank you for joining us. >> "who wants to be a millionaire" is coming up. ♪ hey, at&t u-verse tv? yeah, it's our new tv service. every day thousands of customers across the nation are switching to at&t u-verse. [ female announcer ] visit a store today. hurry and take advantage of our summer sale on u-verse tv. just $29 a month for six months. plus for a limited time, get a 30-day money-ba

he his name is steven ortiz, he had an old cell phone and traded up to porsche. he uses craigslist.e traded to a better phone that he traded for a i-pod plus. the good bikes and then laptops. >> forerunner for a golf cart and it may not belong here then more valuable dirt bike and then a series of cars ending with a '75 bron can he. >> the bronco gothim that porsche since older bronco is considered collecties. >> i want to find the guy who traded the porsche for the bronco. i want to make a trade with you too, buddy. >> he is only 17. >> and how about the temperatures, a little warmer temperatures coming up tomorrow but very overcast throughout much of the bay area today. >>> from allf us here, thank

>> he's 17. >> seventeen driving a porsche.earn some things today. they are fiery, passionate, turns out they are all the rage this summer, red heads. eva longoria parker going for a red head look as well. there was the russian spy. what is it about the red head revolution. we'll get to the bottom of it. not really. >> is there some? >> may be a subtle hint of something in there but it's natural, harry. he believes me, too. i can tell. >> you can feel the fiery passion right through the tv this morning. betty nguyen at the news desk with a look at our headlines. >> i think you'd look good as a head head, harry. thanks, guys. good morning to you at home. this morning the government said it's reconsidering its decision to fire an employee for racially charged comments that were splashed across the internet. cbs news chief legal correspondent in washington with details. good morning, jan. >> good morning, betty. this entire controversy started with a speech last spring by usda official shirley sherrod. she was talking to naacp and

that is what got him the porsche since they are considered collectibles.g around the porsche looking good. >> it was important that he kept track of it. that kid is going to grow up to be a ceo some day. >> you put that on college application. >> you may want to take him with you when you buy a new car. >> 4:56. >> word this morning that the governor has picked the person he wants as the next chief justice of the california supreme court. just ahead. this selection could make history. >> and the oakland city council approves the first of its kind, medical marijuana measure, how the city could be the silicon valley of pot. [ fema announcer ] this is a strawberry pop tart. but this is warm, fresh-baked strawberry toaster strudel. [ music ] see the difference? pillsbury toaster strudel, the one kids want to eat. ♪ whoa! do you know what our favorite part of shooting hoops is? 3...2...1... overtime! ♪ ♪ we're the kids in america ♪ oh, oh, oh how was school today? hi, mom. [ girls ] good. ♪ ♪ thank you! ♪ phew! [ ernie ] we make our cookies the way only keebler

he says, i want a porsche. he says, when you go home tonight, there will be a porsche in your garage. and he says, i want a million dollars. he says, done. when you go to the bank on monday, there will be a million dollars in your account. thank you very much, i have to find my ball. so he goes looking -- hold on a minute, lad. please hold on. i see you are golfing with your wife. do you mind if i go into the shrubbery with her for an hour or so? he says, let me ask her. it's a million dollars. so he goes up and asks the wife and she says, what? you don't mind if i go in the bushes with the leprechaun? he says, no, no, go ahead. it's a million dollars. she says, i don't care about the car but a million dollars that could help us a lot. so she goes into the bushes with the leprechaun. about an hour later, they are coming out, she's adjusting her skirt, fixing her hair, and the leprechaun says, thank you very much. how old is your husband? she says, he's 44. he's a little too old to be believing in leprechauns, i

. >>> a 17-year-old traded his phone for a porsche. he now has a silver boxer. he spent the last the two years trading up for it on craigslist. >> know what you're doing, definitely. got to have the patience to. a lot of patience. >> yeah, he got a cell phone from a friend who was about to throw it away. he then swapped that on craigslist for a better phone, and then for an ipod touch, which he traded for the dirt bikes you see there. he then moved for a mac book. finally ended up with a 1975 ford bronco, which is considered to be a collectible. and that is what led to the porsche. by the way, steve says he's not finished yet. he's already looking for a new car because it costs too much to maintain the pricey porsche. >> that is pretty amazing. >>> now to an nbc bay area exclusive. optimistic new information about the bay area real estate market. sales are picking up so fast, we are now home to some of america's hottest housing spots. we're talking about homes selling over the asking price. 97043 in berkeley is the place where you'll pay the most over the asking

that being that silver porsche he was zipping around in. ah, steve isn't done yet, though. he's already looking for a new car. it seems it cost too much to maintain that pricey porsche. >> that is an end paren newer. >>> iphones, macs, ipads, apples striking fear into the heart of its competitors with a stockpile of technology. the company sold 8.4 million iphones, 3.3 ipads, 3.5 million macs in just the past three months. add it up and you get another big quarter for apple. net income jumped 78%. forget yahoo! try uh-oh. yahoo! seeing a little bit of good and a lot of bad in its second quarter report. good news, the company's net income rose 51%. the bad news, revenue grew just 2%. google's revenue grew 24% in the same period. yahoo! shares dropped 6% on news of that earnings. and the dow closed up today partly because of apple's big earnings. tomorrow wall street will hope to get a little jolt when starbucks and coca-cola release their earnings reports. amr, parent company of american airlines, will also release earnings jobs tomorrow. >>> millions of people will receive

now, we're told he's learning be careful what you wish for, maintenance on a porsche is not cheap. he says he's not done trading just yet. we'll be right back. [ female announcer ] jobs leaving. a budget disaster. california on the brink. jerry brown's plan? you run for office and the assumption is, oh, i know what to do. you don't. i didn't have a plan for california. [ female announcer ] with our state in crisis, we need a governor with a plan. you need a real plan, something i'll acknowledge i did not have. [ female announcer ] jerry brown. no plan then. no plan now. meg whitman. a plan for jobs. log on. learn more. >>> a free outdoor concert today. you couldn't beat the atmosphere. hundreds, probably thousands of people spent the afternoon enjoying the beautiful weather and music. this is the eighth year the symphony put on the concert. there are other great outdoor concerts in san francisco including four more at stern grove on sunday. >>> thanks for watching the bay area. sports sunday coming up next. a hall of fame kind of day as the sports giant was inducted from cooperstow

steven ortiz traded up from an old cell phone to a porsche.made some online swaps over two years. he traded to a better phone that he traded for an i-potted. for a series for a dirt bikes and then the mac book for a toyota four runner. four runner for a golf cart then a street bike. then a steers of cars epgd with a 1975 ford bronco and that got him the porsche since older broncos is considered collectibles. >> recapping the top stories, man charged with a shootout on interstate 580 will be back in court to enter plea. >> teresa garcia has the details. >> it is amazing everyone is alive. officers and the suspect when you take a look at the damage on the three chp cars, it happened on 580 in oakland. these are some of the 150 rounds that were exchanged piercing the cars here. they stopped a man who himself admits he was on a mission to kill. byron williams is being held without bail. this morning he'll be entering a plea on charges of attempted murder of four chp officers and a list of other charges for possession of multiple weapons, ammunitio

steven ortiz traded from up an old cell phone to a porsche boxer.traded for a better phone which he then traded for an i-pod. the i-pod for a series of dirt bikes. dirs bikes for a mack book pro. four run foreare a golf cart. then it gets interesting. a more valuable dirt bike and a series of cars ending with a 1975 ford bronco. bronco was switched to porsche because older broncos shall considered to be collectibles. i think he got the better end of that trade. >> i turned in my old cell phone to the recycling room. >> it was two years ago. >> you've heard the saying, what about donkeys fly? one man's decision to strap a donkey to a parasail and i could cost him his freedom. >> i'm terry mcsweeney live in san francisco. the san francisco police department in a world of controversy this morning after a youtube video surfaces. we'll show you what it shows and can i eat heart healthy without giving up taste? a man can only try... and try...and try. i heard eating wle grain oats can help lower my cholesterol. it's gonna be tough...so tough. my wife and

that is how much porsche will invest in new plants and products, hoping to make big synergy savings to its close cooperation with volkswagen. they're not yet ready to say the company's plans will mean new jobs, they have promised there will be no job cuts in the next five years. >>> the italian carmaker fiat said it doubled second quarter profit, six under 50 million euros, pointing to higher sales of its truck and tractor units, making up for slower demand on the car markets. the company says its cost-saving measures are also paying off. fiat says its four-year balance remains unchanged, but it hopes to revise its forecast up after the third quarter. >>> the strike's over the skies over french airports have been unusually quiet this wednesday. air traffic controllers staged a one day strike to protest reforms of how european traffic is managed. french air traffic controllers fear they will lose their job and benefits. hundreds of flights have been canceled, with paris especially hard hit. >> french air traffic controllers say it is a protest against the single european sky project tha

he traded his cell phone for a porsche boxer. he did it on craigslist, trading the original cell phone for an ipod, ipod for a dirt bike, dirt bike for a car, and brent and laura, the car for the porsche. i guess he kind of lucked into -- he got a bronco that was a very collectible car. that was worth a lot of money. and that's how he got up to the sports car. which has a lot of miles on it, it's worth $9,000, $10,000, but still! remember the paper clip guy? he took a red paper clip, first guy to ever do this, took a red paper clip and ended up with a house in canada. totally true story. i'll put a link on to itt on facebook. >> and you've got to know what you're doing. >> i can trade the other way. >> i've got a paper clip for you. >>> now to an update on the apartment building in pacifica that's just teetering on a cliff. the building owner failed to meet a deadline to submit a timeline to repairs to the cliff yesterday, but city leaders say they really don't plan to enforce the deadline, because as long as the building stays e

so, he'll really be able to enjoy his new porsche.> time, now, for the weather and sam. sam, i'll trade you my cell phone for your car. >> juju, this is the one time where you get the short end of that. i don't have a car right now because i'm solely in the city. so, i'll take your cell phone. >> okay. >> but -- >> i'll take your bike. >> i'll give you a ride in a taxi cab. or my bike, yeah. good morning, everybody. say good morning to juju. even though you're not on tv, you have to participate, okay? let's try it again. good morning, everybody. [ cheers and applause ] see? see? even you, victoria, texas, i needed to get a little -- [ cheers ] ladies, where are we from? >> ohio. >> ohio, okay. this is your last day here. you're from massachusetts. >> yep. >> you're on your way home. we're glad you stopped to see us this morning. let's get to the boards. one or two things we want to talk about. we'll start with where the storms are. right through ohio. through kansas city, through st. louis, through indianapolis, through louisville. th

how a kid turned a cell phone into a porsche. we'll check out traffic and >>> finally, a recap on that united airlines flight that rattled more than 250 passengers last night. >> 30 people were injured when the plane hit severe turbulence. it was headed to l.a. from d.c. but forced to land in denver. last year, abc's jeffrey kofman went for a ride in a turbulence simulator to see the danger close. >> reporter: veteran pilot, ed cook, took us into one of the most sophisticated air simulators around to show us turbulence up close. it really feels like an airplane in here? >> yes. once we get in here and shut the door, you're going to feel like you're in an airplane. >> reporter: our simulator flight felt unnervingly real. there's miami below us. >> there's miami. we're in the red spot of the cloud. the more we get into the cloud, the more turbulence we'll experience. notice the wheel is moving more. notice that we're bouncing around more. >> reporter: this is exactly what you would not do if you were actually flying? >> right. this

think in common in driving in a formula one car and in driving a normal car even a fast car like porsche whatever not so certain you're broke no i mean yes but but but i've heard an opinion like like a lot like an f one car is. incredible if you want this but never you know place going is not possible to go but for one sound it's a different different thing it is certainly a big clue for. you to fly the airplane i mean since i wrote it. so i think it's something nothing in common enough it's not possible to be really tired and i don't want to say the name of the car but it's three or five or ten steps more when have you first. got behind the wheels and drove a car how old will you. and you got five as far as you saw me driving was it you that's carolyn poser goalie or so was allowed to go. or i was try to go under the steering wheel because i was gears and then came back just to see it go in have you have you ever been pulled over by police and the did you ever lose your license well now never not because i don't like to go fast i'm not about all because what you. can last for example ev

even a fast car like porsche whatever sort of earth and you're broke no i mean yes but i've heard an opinion like like a lot like an f one car is. incredible if you want this but over your place coin is not possible to go for one sound it's a different different thing in the. big blue for. you to fly the airplane i mean right. so i think it's something nothing in common not is not possible. i don't want to say the name of the car but it's three or five or ten steps more when you first. got behind the wheels and drove a car how old will you. and you got five farms you started driving was it good that's colonel it was a goalie a was it was allowed to go. i was that i to go on to the steering wheel. here and then come back just to see it go and have you have you ever being pulled over by police and the did you ever lose your license well now let's never know because i don't like to go fast on the notable because what you. can look for example even if it's one hundred thirty enough to one ok go another foot if you go on that if you have a risk you can bet you can cross you can do it then

he turned that cell phone into a porsche. these are his wheels now. is 17. >> that's what he set out to do. >> we are going to help you trade up. >> he wanted to see how far he could trade. >> didn't he start with something small? >> the cell phone. >> that is amazing. >> i tell you what i have a. >> we'll have dave price sign it and then we'll have a yacht party! >> we'll give it a shot. thanks, erica. >> sounds like a great story. see you at 7:00. >>> oakland may soon be dubbed the silicon valley of cannabis. the plan to allow four large marijuana farms in the town. >> plus, it is christmas in july at least in denmark. going to take you to an annual already santa claus convention. ,,,,,,,, when you have osteoporosis, like me, it helps to eat calcium-rich foods like yogurt, spinach, and cheese. but calcium, vitamin d and exercise may not be enough to keep your bones strong. so ask your doctor about once-monthly boniva. boniva works with your body to help stop and reverse bone loss. studies show, after one year on boniva that's exactly what it did for