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Nov 13, 2011
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i'm scott mcgrew. scott mcgreeley is known for his sound bites. he called apple technology a roach motel and microsoft. what he did over the course of 20-plus years. >>> lots of good things that i can do to drive education and security and privacy. >> scott mcneely ran sun microsystems for 22 years, a silicon valley record. by comparison john chambers has been ahead of cisco for 15 years. carol bartzes with the ceo of yahoo! for just under three years. lay hola pot i kerr, ceo of hewlett-packa hewlett-packard, three months. scott mcneilly was in it for the long term. sun was eventually sold off to oracle shortly after mcneilly stepped down leaving the high-energy hockey fan looking for new goals. he's found two, an online effort to provide free open-source lesson plans to teachers called kuricky and a new social networking app he call s weig in. he tried to convince everyone that the network was the computer and someone else called it the cloud and it came on. i know there's an app you want to talk about. start with sun for just a minute. 20-plus
i'm scott mcgrew. scott mcgreeley is known for his sound bites. he called apple technology a roach motel and microsoft. what he did over the course of 20-plus years. >>> lots of good things that i can do to drive education and security and privacy. >> scott mcneely ran sun microsystems for 22 years, a silicon valley record. by comparison john chambers has been ahead of cisco for 15 years. carol bartzes with the ceo of yahoo! for just under three years. lay hola pot i kerr, ceo of...
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Nov 4, 2011
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scott mcgrew is doing the one-armed pull-ups distracting me this morning. we have showers coming down. and snow over mount hamilton. bring the jacket with you to work. we have a cold weekend ahead. get outside. and we'll tell you when. >>> keep it up, scott. but lower the speeds. it's slippery out there. [ man ] i got this citi thank you card and started earning loads of points. you got a weather balloon with points? yes, i did. [ man ] points i could use for just about anything. ♪ keep on going in this direction. take this bridge over here. there it is. [ man ] so i used mine to get a whole new perspective. ♪ [ male announcer ] write your story with the citi thankyou premier card, with no point caps, and points that don't expire. get started at thankyoucard.citi.com. hey, jessica, jerry neumann with a policy question. jerry, how are you doing? fine, i just got a little fender bender. oh, jerry, i'm so sorry. i would love to help but remember, you dropped us last month. yeah, you know it's funny. it only took 15 minutes to sign up for that new auto insuranc
scott mcgrew is doing the one-armed pull-ups distracting me this morning. we have showers coming down. and snow over mount hamilton. bring the jacket with you to work. we have a cold weekend ahead. get outside. and we'll tell you when. >>> keep it up, scott. but lower the speeds. it's slippery out there. [ man ] i got this citi thank you card and started earning loads of points. you got a weather balloon with points? yes, i did. [ man ] points i could use for just about anything. ♪...
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Nov 16, 2011
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business and tech reporter scott mcgrew is live in the newsroom with more on this developing story. good morning, scott. >> good morning. this dates back to last year. we remember the massive lay-off and bankruptcy earlier this fall in at solyndra. let me remind you of the earlier lay-off this time last year, november 3rd, 2010. that's when solyndra laid off for the first time exactly one day after the 2010 midterm elections. the republican-led committee investigating solyndra and its loans says that's darn suspicious. it says it has e-mails from solyndra's biggest investor, argonaut equities that says the department of energy did ask solyndra to hold off on the lay-offs. in the memo the doe doesn't say specifically to hold off until after the congressional elections. it never explains why november 3rd was picked as a date. the department of energy secretary stephen chu will be testifying tomorrow before the house energy and commerce committee. i have no doubt that will be one of the very first questions they put to him, why november 3rd. back to you. let's check in with meteorologis
business and tech reporter scott mcgrew is live in the newsroom with more on this developing story. good morning, scott. >> good morning. this dates back to last year. we remember the massive lay-off and bankruptcy earlier this fall in at solyndra. let me remind you of the earlier lay-off this time last year, november 3rd, 2010. that's when solyndra laid off for the first time exactly one day after the 2010 midterm elections. the republican-led committee investigating solyndra and its...
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Nov 11, 2011
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you can watch scott mcgrew's entire interview on "press here" this sunday morning at 9 lo:00.hey will show it in palo alto, berkeley and san francisco on november 16th and 17th. >>> new yorkers are enjoying a one-man play that made a swing through the bay area. the agony and ecstacy of steve jobs has been called blistering. scott mcgrew takes a look at the broadway opening. >> and this offbrand machine called the slurpie. >> reporter: mike is the man behind the play "agony and the ecstacy." he knows he looks very little like steve jobs. >> it's a monologue about two different stories that fit together. one is the story about all of our technology, where it comes from and how it works its way into our lives and then it's also the story of the way that our technology is actually made. a secret story that we don't like to talk about. >> reporter: to prepare for this show, he spent one month in china in the place where most of our electronics are manufactured, including apple's. he came away very critical. >> of the most marvelous things we've efr made there's a beautifully design
you can watch scott mcgrew's entire interview on "press here" this sunday morning at 9 lo:00.hey will show it in palo alto, berkeley and san francisco on november 16th and 17th. >>> new yorkers are enjoying a one-man play that made a swing through the bay area. the agony and ecstacy of steve jobs has been called blistering. scott mcgrew takes a look at the broadway opening. >> and this offbrand machine called the slurpie. >> reporter: mike is the man behind the...
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Nov 7, 2011
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back to you. >> scott mcgrew, thank you very much. >>> meteorologist christina loren is here to talk about our temps. it looks pretty. >> it does. it's that clear sky. usually clouds trap in any heat we accumulate. with that clear sky ahead, temperatures are expected to break records in santa rosa. 26 is my forecast, also the record set back in 1914. napa, 42 is the record, set in 1918. we'll easily break that one when we wake up tomorrow morning. this morning, we have temperatures at 30 degrees in santa rosa. get ready for some of the coldest air we've had in some quite some time. that means you'll want to give yourself plenty of time to get the frost off the windshield tomorrow morning. because we'll be dealing with dense fog in addition to the frost. fog and frost by the end of tomorrow. this week, showers roll back in late thursday into friday. and the next system is a cut-off low, coming up from the south past a lot of moisture, depending how long it sits and spins off the coast. we could be measuring the rain in inches. it's a really tricky forecast. we get three nice days befo
back to you. >> scott mcgrew, thank you very much. >>> meteorologist christina loren is here to talk about our temps. it looks pretty. >> it does. it's that clear sky. usually clouds trap in any heat we accumulate. with that clear sky ahead, temperatures are expected to break records in santa rosa. 26 is my forecast, also the record set back in 1914. napa, 42 is the record, set in 1918. we'll easily break that one when we wake up tomorrow morning. this morning, we have...
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Nov 21, 2011
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business and tech reporter scott mcgrew joins us. why the big sale? >> because they can. it's been 180 days. and the lockup has been lifted. so today in mountain view, you have a lot of people who were rich on paper who are are now just plain rich. the boss says everyone will show up to work today. business as usual. >> the employees of the company really continue to focus on the work at hand. and while there's certainly stuff that's going on on the market, it's very much a head down kind of culture here. >> you mentioned pressure on the stock. there's additional pressure on the stock today because linked in will follow more shares selling more of the company in a second market. you have a lot of shares flooding the market. monkey and shadow. the most commonly used passwords according to an annual study. password is a common password. also commonly used, 123456, 11111, iloveyou and qazwsx. and that's where that one comes from. and jon, yes, it was a giant doughnut. they name the releases after jummy snacks. you have things like ice cream sandwich. yes, it was a doughnut.
business and tech reporter scott mcgrew joins us. why the big sale? >> because they can. it's been 180 days. and the lockup has been lifted. so today in mountain view, you have a lot of people who were rich on paper who are are now just plain rich. the boss says everyone will show up to work today. business as usual. >> the employees of the company really continue to focus on the work at hand. and while there's certainly stuff that's going on on the market, it's very much a head...
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Nov 17, 2011
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business and tech reporter scott mcgrew joins us in the newsroom. gop lawmakers an cruise secretary david chiu of backing the company because of its political connections. you say that's not the case. >> that is the crux of the debate. was taxpayer money wasted to support a business that washington knew would fail and how do politics enter into this? dr. chu spent the morning in front of the house energy and commerce committee. here's a moment with the head of the inquiry, congressman cliff stearns asking him if there are other solyndras around. >> guarantee in national trouble, yes or no. >> as i said it's very hard to predict what will happen. >> just say no an. let me ask you this. are any of them in high risk? >> there are different -- >> you're not answering the question. mr. secretary -- >> high risk, you know, mr. allison is going to come back and tell us which ones are in high risk and which ones could go under. are any of these loans going to go bankrupt in yes or no. your opinion. >> and that's pretty much how the morning went. the committ
business and tech reporter scott mcgrew joins us in the newsroom. gop lawmakers an cruise secretary david chiu of backing the company because of its political connections. you say that's not the case. >> that is the crux of the debate. was taxpayer money wasted to support a business that washington knew would fail and how do politics enter into this? dr. chu spent the morning in front of the house energy and commerce committee. here's a moment with the head of the inquiry, congressman...
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Nov 9, 2011
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here's scott mcgrew. >> what sets italy apart, the economy is so big. italy is the third largest economy in europe behind france and germany. france and germany might be able to pull a bailout of greece or portugal. that's easy. but italy? italy may be way to big to bail out, now that it's paying more than 7% on its debt, it's entering a credit spiral where it simply can't make enough money to pay down that debt which causes its crediters to increase the percentage in interest, which means they can't pay down their debt. you see where i'm going with this. >>> back home adobe in san jose says it will cut workers despite prediction that is it will make $1 billion this quarter alone. they're telling workers, it's not you, it's us. they're rethinking their product and apparently will need fewer people. it's also giving up on mobile flash. let me remind you, you can't get flash on your iphone or ipad. you may recall steve jobs had that big fight with adobe. he didn't like flash. he said it used up too much battery power and memory. now apparently adobe has f
here's scott mcgrew. >> what sets italy apart, the economy is so big. italy is the third largest economy in europe behind france and germany. france and germany might be able to pull a bailout of greece or portugal. that's easy. but italy? italy may be way to big to bail out, now that it's paying more than 7% on its debt, it's entering a credit spiral where it simply can't make enough money to pay down that debt which causes its crediters to increase the percentage in interest, which...
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Nov 4, 2011
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. >> scott mcgrew joins us now in studio. you say one san jose man is ready to move millions. >> yeah, good morning. if you ever bought a red bull, you probably bought it from this man. he put millions in a san jose branch in bank of america. we see a live picture here of -- it appears they're praying, actually. this is a live picture of a press conference being held in san jose. there's mr. fox there on the right side, seated. he is announcing he's taking his money out of bank america as part of a nationwide effort called bank transfer day. now, that was started on facebook. fox claims the move will cost him tens of thousands of dollars in bank fees but he has decided to do it anyway. i asked bank of america for comment about this unusual little press conference that you're seeing here live in san jose. they said we're sorry to hear about mr. fox's plan. every customer is important to us and it's important that customers are aware that all bank of america does for the community. i'm sure we'll talk much more about it at 5:00
. >> scott mcgrew joins us now in studio. you say one san jose man is ready to move millions. >> yeah, good morning. if you ever bought a red bull, you probably bought it from this man. he put millions in a san jose branch in bank of america. we see a live picture here of -- it appears they're praying, actually. this is a live picture of a press conference being held in san jose. there's mr. fox there on the right side, seated. he is announcing he's taking his money out of bank...
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Nov 14, 2011
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back to you. >> scott mcgrew, thank you very much. >>> nice clear day across much of the bay area. christina loren has a look. some rain is on the way, eventually. >> yes, eventually. don't wash your car just yet. we'll tell you when that rain arrives. just want to point out this gorgeous shot. not very often we get both bridges in a clear shot like this, coming out of oakland. you can visibly see the bay bridge and golden gate behind it. inland cities, a gorgeous, gorgeous start for you. 58 in concord, 60 in sunnyvale and 58 in san mateo. a few passing clouds but high pressure will do its job to keep things nice and clear and sunny. throughout the day, first part of thursday and then it starts to get dicey yet again. for the third week in a row, we'll see rain showers moving in at the end of the week, lasting through your weekend. sunny afternoons all the way through thursday. same for inland cities with today and tomorrow being two of the warmest days in the extended period. 63 in san francisco. i bumped your number up in oakland to 65. 65 in livermore and fairfield today. we'll
back to you. >> scott mcgrew, thank you very much. >>> nice clear day across much of the bay area. christina loren has a look. some rain is on the way, eventually. >> yes, eventually. don't wash your car just yet. we'll tell you when that rain arrives. just want to point out this gorgeous shot. not very often we get both bridges in a clear shot like this, coming out of oakland. you can visibly see the bay bridge and golden gate behind it. inland cities, a gorgeous, gorgeous...
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Nov 23, 2011
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okay, scott. >> scott mcgrew going deep for us. always appreciate it. >>> time to check in on the weather. meteorologist krischristina, wi that rain help wash down all the turkey and mashed potatoes? >> it certainly will. it will be cold enough for you to work it off, but we'll be done with the rain showers, so if you want to get out there and have a nice job in the evening hours, even late afternoon, you'll be able to. taking a live look at san jose international airport. a lot of hustle and bustle here. no delays to report out of san jose. we have some to report out of san francisco, and boy oh, boy if you're trying to get to the eastern seaboard, major delays shaping up in the northeast. in fact, we've got about a 50-minute delay right now, moderate delay in boston. new york city's laguardia, also reporting 50-minute delays and the same goes for philly. and of course, as you know, as the day goes on, the delays tend to ripple. check ahead with your carrier. and i put a little handy on my facebook page where you can track any fli
okay, scott. >> scott mcgrew going deep for us. always appreciate it. >>> time to check in on the weather. meteorologist krischristina, wi that rain help wash down all the turkey and mashed potatoes? >> it certainly will. it will be cold enough for you to work it off, but we'll be done with the rain showers, so if you want to get out there and have a nice job in the evening hours, even late afternoon, you'll be able to. taking a live look at san jose international airport....
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Nov 23, 2011
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scott mcgrew joins us with the details. good morning, scott. >> good morning to you. it looks like solyndra may be sold in pieces because no one wants to make what solyndra made. there's no reason to buy the whole factory, lock, stock and barrel. solyndra tells a bankruptcy court in delaware, it will probably have to auction off the machinery, real estate and patents separately. that hurts taxpayers because we invested hundreds of millions of dollars in solyndra and we want our money back. to make it worse, under a strange deal, washington is allowing private investors to get paid first. we're in the back of the line for what's looking like a smaller and smaller pool of money. so why won't anyone buy solyndra out rite? solyndra made thin film solar which is state-of-the-art but much more expensive than the poly silicon solar cells you see everywhere. solyndra figured out how to turn gold into silver. frankly, nobody wants to do that. >> thank you very much. >>> most of us certainly know how tight times are right now. imagine the struggle local charities are facing. th
scott mcgrew joins us with the details. good morning, scott. >> good morning to you. it looks like solyndra may be sold in pieces because no one wants to make what solyndra made. there's no reason to buy the whole factory, lock, stock and barrel. solyndra tells a bankruptcy court in delaware, it will probably have to auction off the machinery, real estate and patents separately. that hurts taxpayers because we invested hundreds of millions of dollars in solyndra and we want our money...
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Nov 29, 2011
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business and tech reporter scott mcgrew tells us when facebook will go public.a big one. >> it's going to be huge. we know it was coming. between april and june of next year. this accord thog the "wall street journal" which says the planned filing would raise $10 billion and give the company an overall worth of $100 billion. facebook would be selling just a small part of itself, and it would give facebook twice the value of hewlett-packard. it could also give mark zuckerberg a value of $25 billion. that's best guesstimate. zuckerberg probably owns a quarter of the company outright. we're not sure. 100 billion divided into quarters. you remember the movie "the social network kwlts. the founder and the plot there. well, he would be assuming he hasn't sold many shares and assuming they haven't diluted it too much, 5 billion. so at the end of the movie he feels he's been treated unjustly by them. >> edward. edward! all right. it will be interesting to watch. all right. thank you very much. >> wow, caltran is asking prosecutors to reconsider and file charges against
business and tech reporter scott mcgrew tells us when facebook will go public.a big one. >> it's going to be huge. we know it was coming. between april and june of next year. this accord thog the "wall street journal" which says the planned filing would raise $10 billion and give the company an overall worth of $100 billion. facebook would be selling just a small part of itself, and it would give facebook twice the value of hewlett-packard. it could also give mark zuckerberg a...
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Nov 6, 2011
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. >>> good morning, wrvrn ooshg i'm scott mcgrew. the latest iphone is an amazing gadget.ou can talk to it. the best thing to happen to a telephone since touchtone. >> the best touchtone -- with this indicator you see how many seconds you save the new way. >> technology has broughts you us a lot of changes, but just as revolutionary are those changes in the way we interact with technology. from the first mouse -- >> has a ball at the bottom. if corowe takes. >> the graphic cal user interface to the touch pad swipe and pinch, to the touchless. interacting with computers using our bodies. the latest using the most natural way to communicate by simply asking. >> do you think it will snow today? >> sure looks like snow today. >> matchable calls venture capitalist gary morgan. the father of theory. he was the first investor found in the apple iphone. he is also an investor in nuance, the company that powers those voice activated phone systems you hear when you call the cable company or the airlines. joined by eric savidge, forbes, and man of the financial times. it strikes me a
. >>> good morning, wrvrn ooshg i'm scott mcgrew. the latest iphone is an amazing gadget.ou can talk to it. the best thing to happen to a telephone since touchtone. >> the best touchtone -- with this indicator you see how many seconds you save the new way. >> technology has broughts you us a lot of changes, but just as revolutionary are those changes in the way we interact with technology. from the first mouse -- >> has a ball at the bottom. if corowe takes. >>...
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Nov 16, 2011
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scott mcgrew says that's bad news for some of the local rocket scientists. >> it is.sident obama wanted to spend a lot of mon know to pay companies like space x, run by i lfrnlthszan musk, the same guy that brought us the tesla electric car. a congressional committee wants to cut this funding in half from $800 million to $400 million, the idea goes to the full hours this morning. we'll keep our eye on it. >>> meanwhile, i'm not sure how you get there. if you want to go to the space station, nasa is once again taking applications for new astronauts. the salary starts at $64,000 but can hit $141,000. you have to be a u.s. citizen. you need a degree, 1,000 hours in command of a jet aircraft is preferred. you have to be fall her 5'1", no taller than 6'2". nasa warns the job includes frequent travel including three to six months living on the international space stachlths you have to relocate to houston and you have to ride a huge explosive rocket. but you have to relocate to houston. >> hey, don't mess with texas. how fal are you? >> i'm 6'2". >> you're in. >> are you com
scott mcgrew says that's bad news for some of the local rocket scientists. >> it is.sident obama wanted to spend a lot of mon know to pay companies like space x, run by i lfrnlthszan musk, the same guy that brought us the tesla electric car. a congressional committee wants to cut this funding in half from $800 million to $400 million, the idea goes to the full hours this morning. we'll keep our eye on it. >>> meanwhile, i'm not sure how you get there. if you want to go to the...
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Nov 15, 2011
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scott mcgrew says it's easy to figure out why. >> we have all the money. the president raised more money in the bay area than any other candidate in the entire state the late steve jobs on the president's left. the president has raised $10 million in california. $3 million in the bay area alone. so president obama on the top. $37.3 million. herman karen raised 136,000. that's all of california. rick perry, 1.2 million. all of the state. the president has him beat almost in silicon valley. warren buffett is making a major investment. $10 billion. this will make him the largest shareholder in ibm. why do you care? he thinks carefully before ichb vesting. this is his first major investment in tech. we'll see that as good news. even though they're not really a silicon valley company. they own fruit of the loom underwear, pampered chef and candy. >> knows what he's doing. 5:57 now. still to come, the cal campus ready for what could be hundreds of protesters. a live report is up next. showers are on the way. we're talking sierra snow in time for the ski resort o
scott mcgrew says it's easy to figure out why. >> we have all the money. the president raised more money in the bay area than any other candidate in the entire state the late steve jobs on the president's left. the president has raised $10 million in california. $3 million in the bay area alone. so president obama on the top. $37.3 million. herman karen raised 136,000. that's all of california. rick perry, 1.2 million. all of the state. the president has him beat almost in silicon valley....
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Nov 24, 2011
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. >> i'm scott mcgrew. jon kelley has the morning off. let's check in with rob as you get ready to go the to grandmother's house? >> across the bay. >> across the bridge. >> through the tunnel. >> we have a little bit of rain for you this morning. as we head through the afternoon things will start to dry out. right now the only place really drying out is the north bay. marin county starting to see the rain in the delta and east bay hills. san francisco still seeing rain. the wettest spot is the tri valley location. and the main event for the south bay is just getting started. i think through 8:00, especially to gilroy, mostly cloudy skies and light to moderate rain. by lunchtime should see a few breaks. cool day today. upper 50s to low 60s. the rest of your holiday forecast looks warmer and drier. we'll have a full look at the seven-day forecast coming up. >>> we'll look forward to that. a bay area tradition is under way in san francisco. glide memorial church is ready to serve thanksgiving meals throughout the day to thousands of people
. >> i'm scott mcgrew. jon kelley has the morning off. let's check in with rob as you get ready to go the to grandmother's house? >> across the bay. >> across the bridge. >> through the tunnel. >> we have a little bit of rain for you this morning. as we head through the afternoon things will start to dry out. right now the only place really drying out is the north bay. marin county starting to see the rain in the delta and east bay hills. san francisco still seeing...
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Nov 18, 2011
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scott mcgrew joining us with more. >> split not geographically but by education, too. one college graduate faces a much different job picture than a noncollege graduate this the east bay or the peninsula. here you see fremont, which lost so many jobs with the closing of the muni plant. not only is the east bay not growing economically, parts are retreating. the unemployment rate going up. okay, here's the data from clabtive economic showing san francisco and redwood city growing by about 1 percentage point. san jose, cupertino and sunnyvale rolling ahead. and vallejo is the hardest hit. in san francisco yelp will fire for a public offering to stock. yelp recently won court victories over small businesses that are accused of strong arm tactics. jeremy stands to make tens of millions of dollars as the founder of yelp. thursday's shares on angie's list went very well. a price went from $13 to $16 in change. we'll keep our eye on the company today in the first full day of trading. if you're thinking of investing in yelp. i've added a link to the facebook page. they have ye
scott mcgrew joining us with more. >> split not geographically but by education, too. one college graduate faces a much different job picture than a noncollege graduate this the east bay or the peninsula. here you see fremont, which lost so many jobs with the closing of the muni plant. not only is the east bay not growing economically, parts are retreating. the unemployment rate going up. okay, here's the data from clabtive economic showing san francisco and redwood city growing by about...
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Nov 28, 2011
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scott mcgrew's favorite made-up holiday. >> saturday is national fritter day. cyber monday was created by one woman at the national retail federation in 2005. she notice the number of people shopping online jumped the monday after thanksgiving weeke weekend. why? >> back in 2005 few of us had computers at home. so we used work computers to shop. now, of course, we can get stuff from our high speed smart phones. you remember this big hit from the cowboys dolphin game? cowboys jason whitten read headlong into a cowboy cheerleader. she's okay. she tweeted our tight end isn't as tough as he looks. that or i'm way tougher than i look. but that got her account knocked off of twitter. the assumption is the dallas cowboys association told her to pull it. she's no longer on twitter this morning. >> i don't agree with that. >> good news is fritter saturday. still to come on "today in the bay", occupy oakland the sequel. >> we'll tell you about the plans to take back the plaza in downtown oakland. >>> plus -- the crowd thought it was a joke, but it was no langer.tttter. w
scott mcgrew's favorite made-up holiday. >> saturday is national fritter day. cyber monday was created by one woman at the national retail federation in 2005. she notice the number of people shopping online jumped the monday after thanksgiving weeke weekend. why? >> back in 2005 few of us had computers at home. so we used work computers to shop. now, of course, we can get stuff from our high speed smart phones. you remember this big hit from the cowboys dolphin game? cowboys jason...
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Nov 18, 2011
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scott mcgrew is here to tell us about it. >> a college graduate in san francisco or san jose faces ha much different job picture than a noncollege graduate in the east bay or even on the peninsula. new data shows not only is the east bay not growing economically, parts are retreating. the unemployment rate is going up in okay land, berkeley, hayward and fremont. frooe mobt hit particularly hard. here's the data from the group, clabtive economic showing san francisco and redwood city growing so slightly. one percentage employment. san jose, cupertino, sunnyvale roaring ahead. 2% gains in unemployment. the answer here is the growth is coming from tech. you already figured that out. in san francisco yelp will fire for the initial public offering of stock. they recently won court victories. this fellow stands to make tens of millions of dollars in the ipo as founder. thursday's sale of shares of angie's list similar to yelp went very well. the price rose from $13 to $16 in change. in the first full day of trading today. and if you're thinking of investing, i've added things to the faceboo
scott mcgrew is here to tell us about it. >> a college graduate in san francisco or san jose faces ha much different job picture than a noncollege graduate in the east bay or even on the peninsula. new data shows not only is the east bay not growing economically, parts are retreating. the unemployment rate is going up in okay land, berkeley, hayward and fremont. frooe mobt hit particularly hard. here's the data from the group, clabtive economic showing san francisco and redwood city...
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Nov 21, 2011
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business and technology reporter scott mcgrew joins us. why the big sell, scott? >> because they can. it's been 180 days since the ipo. the lockout. employees restrictions were lifted. you have people who were rich on paper are now plain rich. the boss says everyone will show up to work. business as usual. >> the employees of the company really continue to focus on the work at hand. and while there's certainly, you know, stuff that's going on on the market, it's a heads down culture here. >> there's additional pressure on linked in stock. following for shares. off lot of shares coming into the market from different directions. monkey and shadow among the most commonly used passwords according to an annual study. password is a common password. it's the most common. also 12345. also all 1s. also qazwsx. you'll see that lines us on the keyboard. and a drug maker in foster city will spend $11 billion to buy a company that does hepatitis "c" treatment. $11 billion is a huge deal in the pharmaceutical world. it's a big deal anywhere. in the pharmaceutical world in parti
business and technology reporter scott mcgrew joins us. why the big sell, scott? >> because they can. it's been 180 days since the ipo. the lockout. employees restrictions were lifted. you have people who were rich on paper are now plain rich. the boss says everyone will show up to work. business as usual. >> the employees of the company really continue to focus on the work at hand. and while there's certainly, you know, stuff that's going on on the market, it's a heads down culture...
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Nov 29, 2011
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scott mcgrew joins us now. it is that time of year. u lots of people headed out for the holidays. >> american airlines will continue to fly and honor all frequent flier miles. what's going on is really quite old. americans held on for years as every large competitor went through their own sbrupss, but in the end the high pension c t cost, the high fuel cost, they could not hold on. facebook will file for an initial public offering of stock as soon as april of next year. >>> it would give founder mark zuckerberg a value of $25 billion. best guesstimate. he owns about a quarter of the company. we think $100 billion divided into quarters. the other founder worth $5 billion in the ipo. and some of the original documents to create apple computer. the document includes a request by apple's middle known third partner who asks to be removed from apple in exchange for $800. had he kept his 10% they could have been worth $10 billion today. they would have the last 10%. it could be a tie breaker when the two disagreed. but ron said i'm going to c
scott mcgrew joins us now. it is that time of year. u lots of people headed out for the holidays. >> american airlines will continue to fly and honor all frequent flier miles. what's going on is really quite old. americans held on for years as every large competitor went through their own sbrupss, but in the end the high pension c t cost, the high fuel cost, they could not hold on. facebook will file for an initial public offering of stock as soon as april of next year. >>> it...
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Nov 24, 2011
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and i'm scott mcgrew in for jon kelley. let's check in with rob in this morning for christina. >> good morning to you. we have a little rain to kick off your thanksgiving, but things should be drying out there the afternoon. notice the trend on the radar. the system is really having a tough time getting away from san francisco, where it is raining right now. but you're really just looking at light rain there. so from 8:00 through 10:00, this will be the main event. mostly cloudy skies. rain in the east bay for sure. then by noon you'll see a few breaks in the peninsula and north bay. by 4:00. even after clearing it will be oo cool thanksgiving afternoon. perfect for watching some football later on today. 57 in san francisco. 60 in san jose. we do have a warmup in the seven-day forecast. a look at that coming your way in a few minutes from now. >> we look forward to it. >>> they'll be treated to the annual thanksgiving breakfast and dinner. damien trujillo is live with a look at how the volunteers are getting ready. earlier
and i'm scott mcgrew in for jon kelley. let's check in with rob in this morning for christina. >> good morning to you. we have a little rain to kick off your thanksgiving, but things should be drying out there the afternoon. notice the trend on the radar. the system is really having a tough time getting away from san francisco, where it is raining right now. but you're really just looking at light rain there. so from 8:00 through 10:00, this will be the main event. mostly cloudy skies....
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Nov 28, 2011
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scott mcgrew joins us with a look at that. >> very good morning to you.black friday sales really pushing the dow up. the consumer accounts for 70% of the american economy. the dow industrial is up better than 300 points this morning. s&p 500 up 35. local stocks, electronics rocking up 5%. netflix is up almost 6% this morning. as far as cyber monday goes, you can see lots of deals. a couple of different companies requiring you to follow their tweets or follow facebook, like them on facebook to get some really good deals. a billion dollars is the number to beat as far as last year's record goes. cyber monday invented by the national retail federation back in 2005. these days we don't need to go to work to get the high speed internet. we have our smart phones. >> it's scary. >> the time is 6:55. time for one final foggy check with meteorologist christina loren. >> yeah, it's really, really thick out there. this morning give yourself plenty of time, take it easy on the highway. we should see clearing by 9:00 a.m. this morning in places like san jose. take a l
scott mcgrew joins us with a look at that. >> very good morning to you.black friday sales really pushing the dow up. the consumer accounts for 70% of the american economy. the dow industrial is up better than 300 points this morning. s&p 500 up 35. local stocks, electronics rocking up 5%. netflix is up almost 6% this morning. as far as cyber monday goes, you can see lots of deals. a couple of different companies requiring you to follow their tweets or follow facebook, like them on...
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Nov 22, 2011
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. >>> if you were contemplating sending a message to president obama, scott mcgrew says you probablyw a front end of his friend. >> yes, the six degrees of separation. i know someone who knows someone who knows president obama. so this man proved that with his small world experiment. recent research by social scientists in italy using facebook showed these days the number is closer to four and five. though the classic definition of a friend and the kind of people you friend on facebook are different. a lot of people have buddies on facebook they barely know. social networking sites are huge for social scientists. or tracking the flu from one city to another. >>> more bad news about the economy this morning. the gross domestic product. everything we do together as americans added up grew more slowly than expected. americans make $14.5 trillion worth of goods and services. the federal government owes $15 trillion on the deficit. you know 15 trillion tlrz is more than every mortgage in america put together. the super committee failed to cut the deficit. there wasn't a whole lot to work
. >>> if you were contemplating sending a message to president obama, scott mcgrew says you probablyw a front end of his friend. >> yes, the six degrees of separation. i know someone who knows someone who knows president obama. so this man proved that with his small world experiment. recent research by social scientists in italy using facebook showed these days the number is closer to four and five. though the classic definition of a friend and the kind of people you friend on...
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Nov 11, 2011
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time to check in with christina loren. >> scary that we share a dressing room, scott mcgrew. looking good right now. not a lot rain coming down. there's rain on the way. deep band of moisture ready to hit san francisco by 7:35. we'll post updates on our facebook page and track the storm continuously throughout the "today show." let's check your drive with mike. >> lits take a look at our camera. not that small. a backup 880 northbound. we had a small caravan of equipment for builders heading north through downtown oakland. expect slowing for the next 15 minutes. otherwise a light day because it is a friday. before a holiday. so we're seeing an extra light flow of traffic. but rain coming into the area could mix things up over the next couple of hours. stick with us, guys. >> now we're going to have a local news update at 7:25 and every half hour after that. i'll be back here with marla tellez at my side for the 11:00 newscast.
time to check in with christina loren. >> scary that we share a dressing room, scott mcgrew. looking good right now. not a lot rain coming down. there's rain on the way. deep band of moisture ready to hit san francisco by 7:35. we'll post updates on our facebook page and track the storm continuously throughout the "today show." let's check your drive with mike. >> lits take a look at our camera. not that small. a backup 880 northbound. we had a small caravan of equipment...
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Nov 23, 2011
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scott mcgrew joining us now. scott, clearly things getting tougher and tougher for netflix. >>> netflix ceo reid hastings under a lot of pressure from disbelieving investors who watched the stock crater. the stock fell again tuesday, a day after the company raced millions by selling stock to a private firm. it's rare for this to happen and ironically it comes right after netflix tried buying back its own stock, but at a much higher price. here is the tale of the tape: netflix spent $2 million earlier this year buying back its own shares at $222 a share and then sold shares at $70 to $85 a share to raise money it needed. google must have looked itself up on google and figured out it's a search engine. it's cutting all kinds of programs that aren't core to its strengths including programs to invent clean energy. the company says it will still be active in buying and supporting clean energy, but it's not going to be the company that invents it. >>> san francisco-based virgin america continues to have trouble with its
scott mcgrew joining us now. scott, clearly things getting tougher and tougher for netflix. >>> netflix ceo reid hastings under a lot of pressure from disbelieving investors who watched the stock crater. the stock fell again tuesday, a day after the company raced millions by selling stock to a private firm. it's rare for this to happen and ironically it comes right after netflix tried buying back its own stock, but at a much higher price. here is the tale of the tape: netflix spent $2...
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Nov 24, 2011
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i'm scott mcgrew. >> and i'm laura garcia-cannon. rob, good morning. >> good thanksgiving morning to you. we have rain across the bay area this morning. especially the north bay towards the bay. this is mainly light rain. good enough to wet the roadways around san francisco and oakland. 680 to san jose light rains at times. rain will change over to scattered showers. we'll see temperatures climbing into the weekend. >> good to have you here, rob. it's 4:31 now. an emotional night for the college basketball team. >> reporter: with heavy hearts the basketball team played wednesday, but it was a huge loss for the team. >> our motto is not to play forward but to play differently. >> he died two weeks after a crash in milbray. devonte was in the car with him. he watched the team's first game since the crash on the sideline wearing a walking boot. >> that's how i keep myself going. >> the teammate billy herd was the driver of the car and is still in the hospital. friends and classmates came out to gavilan to cheer them on. >> you have to f
i'm scott mcgrew. >> and i'm laura garcia-cannon. rob, good morning. >> good thanksgiving morning to you. we have rain across the bay area this morning. especially the north bay towards the bay. this is mainly light rain. good enough to wet the roadways around san francisco and oakland. 680 to san jose light rains at times. rain will change over to scattered showers. we'll see temperatures climbing into the weekend. >> good to have you here, rob. it's 4:31 now. an emotional...
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Nov 30, 2011
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scott mcgrew joins us.t does this mean for our savings accounts? >> fortunately, jon, it means nothing, your money is safe and guaranteed by the federal government. it means more if you have stock in banks, especially bank of america founded in san francisco. standard & poor's downgraded brks of a and 14 others, meaning brks of a will have to adjust the amount of money it considers to be profit. the macro economy could also have to adjust if banks have to move less money back and forth amongst themselves. your checking account itself will be just fine. >>> facebook in palo alto appointed not one but two people to be chief privacy officers following tuesday's settlement with the ftc. the ftc accused facebook of promising to protect your privacy, but repeatedly violating that. facebook hasn't had a chief privacy officer since chris kelly stepped away to run for political office. it's had several executives, mostly lawyers, working in the privacy department. >>> mark zuckerberg posted to the facebook blog, i'm
scott mcgrew joins us.t does this mean for our savings accounts? >> fortunately, jon, it means nothing, your money is safe and guaranteed by the federal government. it means more if you have stock in banks, especially bank of america founded in san francisco. standard & poor's downgraded brks of a and 14 others, meaning brks of a will have to adjust the amount of money it considers to be profit. the macro economy could also have to adjust if banks have to move less money back and...
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scott mcgrew joins us live in our newsroom. scott, what are they looking for? >> it's not entirely clear. you have to remember while the committee is no doubt concerned about the billions of taxpayer dollars lost in the bankruptcy, the members are also aware the obama administration is very eventualner shall here. they are indeed casting a wide net looking for any damaging materials. the committee's vote to issue two subpoenas came along party t lines. here's a democratic congresswoman objecting to the whole idea. >> the committee has every right to seek and obtain relevant information from the white house to advance its legitimate oversight needs, but a subpoena to the white house is a serious step in a congressional investigation. and it's a step that should only be taken after alternative avenues have been exhausted. we clearly do not face those circumstances today. >>> the committee disagreed with that. subpoena's fairly rather. we expect the white house to claim executive privilege that says many of the documents about solyndra with exempt because they're
scott mcgrew joins us live in our newsroom. scott, what are they looking for? >> it's not entirely clear. you have to remember while the committee is no doubt concerned about the billions of taxpayer dollars lost in the bankruptcy, the members are also aware the obama administration is very eventualner shall here. they are indeed casting a wide net looking for any damaging materials. the committee's vote to issue two subpoenas came along party t lines. here's a democratic congresswoman...
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Nov 1, 2011
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i'm scott mcgrew. 4:30. first day of november. let's check your forecast with meteorologist christina loren. >> good morning. the month of november will bring us changes, starting with a red flag warning that goes into effect at 6:00 a.m. this morning. that means we have high fire danger for the east bay hills and north bay hills above 1,000 feet. 55 in oakland. 53 in hayward. temperatures about as warm if not warmer in bay area cities. we'll take you to the forecast. first, let's see what's happening on the roads with mike. >> good morning, christina. we don't want to see that color. we're looking to the city where we have an issue going on. this is an accident off the upper deck westbound 80 at fifth or harrison. no major injuries here. but it is getting off the bay bridge. there's construction and more to talk about in my next report. >>> developing news this morning out of oakland. men are refusing to work at two shipping terminals at the port of oakland. christie smith is live at the port where they will no go back to work un
i'm scott mcgrew. 4:30. first day of november. let's check your forecast with meteorologist christina loren. >> good morning. the month of november will bring us changes, starting with a red flag warning that goes into effect at 6:00 a.m. this morning. that means we have high fire danger for the east bay hills and north bay hills above 1,000 feet. 55 in oakland. 53 in hayward. temperatures about as warm if not warmer in bay area cities. we'll take you to the forecast. first, let's see...
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safeway in santa clara along with meteorologist christina loren and business and tech reporter scott mcgrew tomorrow. 3970 rivermark plaza near montague and north first streets from 11:00 am until 1:00. stop by and pick up a $10 prepacked bag of groceries to donate to local families in need. and, of course, to say hello. >> a great cause. >>> the question is, christina, will we need umbrellas out there? >> you can leave the umbrella at home for tomorrow. we'll get a nice 24-hour break from the showers from 11:00 pm tonight till 11:00 pm saturday. every little bit helps this time of year, we would love to see you. on and off showers roll through the bay area. it's starting to get a little more active. we didn't have much action until the past couple of hours. showers are are spreading into the south and san francisco, redwood city and san jose. watch out for slick conditions if you're headed out any time soon. we head throughout your day today, no more warm-up. limited sunshine, cold air moving in right now will keep your temperatures about where they are. these are pretty much your daytime
safeway in santa clara along with meteorologist christina loren and business and tech reporter scott mcgrew tomorrow. 3970 rivermark plaza near montague and north first streets from 11:00 am until 1:00. stop by and pick up a $10 prepacked bag of groceries to donate to local families in need. and, of course, to say hello. >> a great cause. >>> the question is, christina, will we need umbrellas out there? >> you can leave the umbrella at home for tomorrow. we'll get a nice...
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scott mcgrew has the details. >>> it's not every day you hear a company say they totally blew it but logitech says it made a huge mistake, losing $1 million selling -- or not selling its google-tv compliant thing called the view. they were in beta, at best. this, according to the ceo, talking to analysts at the company's annual analysts' meeting. >>> the first data about modern warfare 3, $400 million. $400 million in sales in the first 24 hours. one day of sales, best selling thing in history, better than the first day of sales of rubix cubes, or iphone. >>> former outspoken of sun microsystems, hated microsoft, used to say terrible things about microsoft, called it the evil empire, despite the fact that the company invested millions in sun. we'll talk to him about what he's up to now. in the middle of it, he revealed his world famous hatred of microsoft was all an act, all theater, he says. sunday at 9:00, right after "meet the press." >> scott, thank you very much. >>> if you're one of the tech types, get ready to celebrate. >> november 11th, 2011, has special meaning here in sili
scott mcgrew has the details. >>> it's not every day you hear a company say they totally blew it but logitech says it made a huge mistake, losing $1 million selling -- or not selling its google-tv compliant thing called the view. they were in beta, at best. this, according to the ceo, talking to analysts at the company's annual analysts' meeting. >>> the first data about modern warfare 3, $400 million. $400 million in sales in the first 24 hours. one day of sales, best selling...
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Nov 28, 2011
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scott mcgrew is here, telling us strong holiday sales have traders in a very good mood. >> good morning to you. what a good day it's been so far on the markets. the nasdaq opened 3% higher, right at the opening buzzer. the dow gave 300 points right off the top. local companies doing very well. electronic arts is up better than 5% after an upgrade. even netflix is up 7% this morning. a lot of the good news -- good mood comes from black friday. black friday sales up better than 16%, compared to this time last year. one cautionary tale. last year, we saw holiday shopping early and then a slow slide. let's remember, the economy is still struggling. 14 million americans still out of work. of course, today is cyber monday, created by a woman working in the marketing department at the national retail federation back in 2005. she noticed the number of people shopping online jumped the monday after thanksgiving weekend because back in 2005 not very many of us had computers at home and we didn't have high-speed internet, so we came to work to shop. of course, now, we can buy stuff from our high-s
scott mcgrew is here, telling us strong holiday sales have traders in a very good mood. >> good morning to you. what a good day it's been so far on the markets. the nasdaq opened 3% higher, right at the opening buzzer. the dow gave 300 points right off the top. local companies doing very well. electronic arts is up better than 5% after an upgrade. even netflix is up 7% this morning. a lot of the good news -- good mood comes from black friday. black friday sales up better than 16%,...
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>>> tech reporter scott mcgrew has the latest. >>> technically, the super committee hasn't failed yet, but they are close. if this blue ribbon panel fails to reach an agreement to get the financial house in order, all kinds of bad things happen, including massive, massive cuts to the military. the group was supposed to find $1.2 trillion it could save over ten years. the penalty for not finding a solution is the same amount of money, has to be cut from the budget automatically. it's supposed to be like a doomsday device. you wouldn't really use it. it was supposed to motivate the committee into action, but it did not. other news, pharmaset in princeton, new jersey, is work ing on drugs to fight hepatitis c. i was not familiar with this company but if you do own shares, foster guilliet will pay you 86% more than you would have gotten if you sold it on the open market friday. so, you are totally buying lunch. >>> the first days of selling of linked in. enough time has gone by since this that some of the restrictions against employee stock sales have been lifted. put another way, in moun
>>> tech reporter scott mcgrew has the latest. >>> technically, the super committee hasn't failed yet, but they are close. if this blue ribbon panel fails to reach an agreement to get the financial house in order, all kinds of bad things happen, including massive, massive cuts to the military. the group was supposed to find $1.2 trillion it could save over ten years. the penalty for not finding a solution is the same amount of money, has to be cut from the budget...
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Nov 3, 2011
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i'm scott mcgrew. let's check the forecast with christina lauren. good morning. >> good morning. chances are you had to run the heater last night in the north bay. temperatures are in the 30s. 35 in santa rosa, 39 in napa. your temperatures will climb today, but we are going to see a significant storm drop in the bay area bringing rainshowers by 11:00 a.m. to the greater bay area. things start to change as we head through tonight. 4:31. any construction or slow downs? >> we have a full closure for highway 13 coming south from highway 24 closed from broadway terrace to moraga avenue. they are replacing an overhead sign until 5:00. nearby, eastbound 24 headed to the caldicut has construction blocking a lane. more in the east bay to follow, scott, but you have a big item. >> it is indeed. protesters and police squared off in oakland into the early morning hours following a day long protest that shut down several businesses and the port of oakland. the protest started peacefully but turned confrontational. look at the cell phone video of a driver trying to get through an intersection
i'm scott mcgrew. let's check the forecast with christina lauren. good morning. >> good morning. chances are you had to run the heater last night in the north bay. temperatures are in the 30s. 35 in santa rosa, 39 in napa. your temperatures will climb today, but we are going to see a significant storm drop in the bay area bringing rainshowers by 11:00 a.m. to the greater bay area. things start to change as we head through tonight. 4:31. any construction or slow downs? >> we have a...
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here's scott mcgrew. >>> just when you thought everything was going fine, greece. american stocks have taken off on hopes that european leaders from france and germany had come up with a budget plan for greece. now greece says it might not take the loan because it would have to cut back on too many things, and our stock market is suffering as a result. this, despite the fact that greece owes more money per year than every single one of its citizens can make in a year. the solyndra auction is under way. what can you buy? pretty much anything that's not nailed down or related to the production of solar sales. nice desk you can buy. posted a link on our facebook page. lots of laptops there. i don't know what this thing is, but i desperately want it. not auctioning off major equipment. that will go in a different sale. >>> google has launched that look inside service. here is a look inside restaurant gary danko near fisherman's wharf. it's like street view. except it's inside a business. google will not take pictures inside unless it's been specifically asked to. but j
here's scott mcgrew. >>> just when you thought everything was going fine, greece. american stocks have taken off on hopes that european leaders from france and germany had come up with a budget plan for greece. now greece says it might not take the loan because it would have to cut back on too many things, and our stock market is suffering as a result. this, despite the fact that greece owes more money per year than every single one of its citizens can make in a year. the solyndra...
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business and technology reporter scott mcgrew, who would have thought? >> we probably have viewers who are too young to remember the fight -- but may be better known as the ex-husband of top chef. apparently not quite sure who he was either. someone there shut down his account, he says, because his first name isn't really salman. it's aman. the only way he would be allowed to have a facebook account would be to change his na. he started to complain, dear facebook, forcing me to change my name from salman to ahmed rushdie is like forcing j. edgar hoover to -- if you don't know who he is, look him up on wikipedia. >>> meteorologist christina loren is joining us now with a look at your very pleasant forecast. >> she's not touching that one, but i will. good morning to you. we're looking good. and you are not a day over 29, mr. kelley. little bit of haze. overall, sun shining over the entire bay area. i'll show you that in a minute when we get to your futurecast. today, 60s. 63 in san francisco. 65 in oakland and 66 in los gatos. overall right now we are in
business and technology reporter scott mcgrew, who would have thought? >> we probably have viewers who are too young to remember the fight -- but may be better known as the ex-husband of top chef. apparently not quite sure who he was either. someone there shut down his account, he says, because his first name isn't really salman. it's aman. the only way he would be allowed to have a facebook account would be to change his na. he started to complain, dear facebook, forcing me to change my...
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scott mcgrew joins us. the educated guess is that's because we're blessed with so much sunshine out here. >> that's half the reason. the other reasonable is the solar panels you see popping up on people's homes. put together they generate the same electricity as two medium size power plants. a report from environment california say it is solar leasing programs do work, solar city where you end up paying less each mother than you would be paying pg&e for electricity make a huge dent in the market. >>> turning to wall street, not sunny there. once again europe weighing upon us. italy now paying so much on interest on debt it can't hope to continue without a bailout. we could lose 200 points on the dow at the hope. >>> add to be bee will cut hundreds of workers despite expectations it will make $1 billion in revenue this quarter alone. adobe rethinking its product lines and apparently will need fewer people. >>> they're giving up on mobile flash. you say why do i care? i will remind you that ipads and iphones
scott mcgrew joins us. the educated guess is that's because we're blessed with so much sunshine out here. >> that's half the reason. the other reasonable is the solar panels you see popping up on people's homes. put together they generate the same electricity as two medium size power plants. a report from environment california say it is solar leasing programs do work, solar city where you end up paying less each mother than you would be paying pg&e for electricity make a huge dent in...
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want to check right now with scott mcgrew. >> dow is up 400 points. good morning to you.omething extraordinary happened this morning as central banks from all over the world including the fed and the european central bank, even the chinese made a move to inject more money into the economy. it's a complex move. bottom line, dow industrials up 400 points to 11,949. just a few minutes ago electronic arts in redwood city announced the cover for the next tiger woods golf game. more important is ea continues to stick with tiger through affairs and not very good golf. speaking of ea gaemtsz, less than six hours remain at an auction that will put you in the next version of "madden football." your name, your look, your stats if you want. current bid is $10,000. laura you could be a 96-pound linebacker. i can be a guy who can run the hundred yard dash -- don't bother. i don't get all the way across. >> i can do that little thing on the field. >>> one final check with meteorologist christina loren. >> special teams kicker right here. we're looking pretty good. we have a lot of fog o
want to check right now with scott mcgrew. >> dow is up 400 points. good morning to you.omething extraordinary happened this morning as central banks from all over the world including the fed and the european central bank, even the chinese made a move to inject more money into the economy. it's a complex move. bottom line, dow industrials up 400 points to 11,949. just a few minutes ago electronic arts in redwood city announced the cover for the next tiger woods golf game. more important...
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Nov 30, 2011
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. >>> business and tech reporter scott mcgrew calling it an extraordinary day on wall street. why it's been such a terrific tuesday. >> good morning to you. wall street absolutely roared ahead on the opening this morning. dow industrials reaching as much as 400 points to the positive. the only local stock i can find moving to the negative is netflix, down about 2% on the open after that stock was downgraded. what's going on? all these central banks, european central bank and the fed are working together to make currency exchange and movement of money around the world easier. it's very inside baseball, very complex. the bottom line is this has got markets absolutely thrilled and the dow industrials jumped 400 points on the open. >>> analyst gene munster, who by many standards is the best apple analysts, says apple tv is a real product and will be introduced soon. steve jobs did tell his biographer he was working on a whole tv, including a screen, but the product was never produced. >>> a charity auction that will put you in the next version of madden football. website charity b
. >>> business and tech reporter scott mcgrew calling it an extraordinary day on wall street. why it's been such a terrific tuesday. >> good morning to you. wall street absolutely roared ahead on the opening this morning. dow industrials reaching as much as 400 points to the positive. the only local stock i can find moving to the negative is netflix, down about 2% on the open after that stock was downgraded. what's going on? all these central banks, european central bank and the...
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here's scott mcgrew. >> good morning, guys. oregon will try out voting by ipad today, election workers going door to door to homes with voters who are not able to come to the ballot box, due to a disability, and allowing helm to make their vote right on ipad. oregon, a leader in new ways to vote, it was the first to allow voting by mail. >>> your parents were richer than you, back when they were your age. this, according to a new pew study that says for the first time the younger generation isn't doing better than the generation previous. we've seen steadily falling house prices. >>> amazon.com has named its top books for 2011. in the nonfiction category, it includes the now famous steve jobs' biography. >>> and news.com says it has internal apple documents showing apple store managers have been given special training sessions on what to do if their employees start talking about a union. employees at apple stores make many of the same complaints that other retailers do, pay, breaks, benefits. it's hard to imagine, guys, that ap
here's scott mcgrew. >> good morning, guys. oregon will try out voting by ipad today, election workers going door to door to homes with voters who are not able to come to the ballot box, due to a disability, and allowing helm to make their vote right on ipad. oregon, a leader in new ways to vote, it was the first to allow voting by mail. >>> your parents were richer than you, back when they were your age. this, according to a new pew study that says for the first time the younger...
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at rivermark safeway in santa clara along with christina loren and business and tech reporter scott mcgrew. the address is 3970 rivermark plaza near montague expressway and north first streets from 11:00 am until about 1:00 in the afternoon. stop by and pick up a $10 prepacked bag of groceries for families in need. >> be sure to dress warm. it will be a little chilly out there. >>> driving 25 miles an hour in school zones in the south bay, guess what, you're driving too fast. >> coming up, we'll tell you about the new speed limit in schoolckesti eetve,n tt a ticket, even if you're a careful driver. >>> the san mateo county sheriff will take over patrols in a peninsula city. millbrae is outsourcing its police department to the sheriff. it could cost $400,000 to keep the police department. outsourcing to the sheriff's department would save more than half a million dollars. the city has cut about a quarter of its police force over the past decade. right now, just 21 officers are on the job. >>> here is something that may get your attention. driving 20 miles an hour in a school zone in san jos
at rivermark safeway in santa clara along with christina loren and business and tech reporter scott mcgrew. the address is 3970 rivermark plaza near montague expressway and north first streets from 11:00 am until about 1:00 in the afternoon. stop by and pick up a $10 prepacked bag of groceries for families in need. >> be sure to dress warm. it will be a little chilly out there. >>> driving 25 miles an hour in school zones in the south bay, guess what, you're driving too fast....
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Nov 2, 2011
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i'm scott mcgrew. let's check your forecast with christina loren. >> good morning. temperatures on the cool side. but winds are keeping you warm in places like fairfield. fire broke out in napa yesterday, we'll talk about when. a lot of rain headed our way. first mike has an early morning accident to tell you about. >> an accident happened just after 2:30 blocking all of eastbound highway 4 in antioch. the lanes have cleared, but there's still debris reported in the roadway and the accident activity over on the shoulder. because it's so early, scott, there's no slowing in either direction. a better look at your commute coming up. >>> this morning the east bay getting ready for a major protest. it could shut down parts of oakland, many other parts of the east bay as well. "today in the bay's" christie smith live in oakland where the impact of a so-called general strike could leave a lot of people with a pretty bad headache. good morning. >> good morning to you. ready or not, we've been talking about this for days, but the day of the general strike is here. we're of c
i'm scott mcgrew. let's check your forecast with christina loren. >> good morning. temperatures on the cool side. but winds are keeping you warm in places like fairfield. fire broke out in napa yesterday, we'll talk about when. a lot of rain headed our way. first mike has an early morning accident to tell you about. >> an accident happened just after 2:30 blocking all of eastbound highway 4 in antioch. the lanes have cleared, but there's still debris reported in the roadway and the...
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Nov 27, 2011
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i'm scott mcgrew, thank you for making us part of your sunday morning. ♪ ♪ ♪ the sun sets in the western
i'm scott mcgrew, thank you for making us part of your sunday morning. ♪ ♪ ♪ the sun sets in the western
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. >> scott mcgrew, this one a long way from over. >> this morning tesla is unveiling its latest and greatest electric car. >> that is right. right now, hey, how about a little sneak peek. it's the tesla model s beta equipped with a 3 g wireless and a touch screen for navigation. how about web access to go with that. this is tesla's first mass produced car, and it's the only one -- this is the one they feel is going to turn tesla motors into a profitable company. right now they've pumping cars out but yet to turn a profit. >> i'm trying to get a good look at it. speaking of things that are cool, how about this? >> hundreds of chinese lanterns illuminating the parking lot near great america. >> these are gigantic lanterns some more than 50 feet tall. they depict landmarks like the taj mahal and are on display as part of the global winter wonderland festival designed in china and powered with led lights. check them out till january 2nd. >> i bet they look cool at night. but it sounds like meteorologist christina loren is telling us they might want to cover those up come tomorrow. >> tomorrow is
. >> scott mcgrew, this one a long way from over. >> this morning tesla is unveiling its latest and greatest electric car. >> that is right. right now, hey, how about a little sneak peek. it's the tesla model s beta equipped with a 3 g wireless and a touch screen for navigation. how about web access to go with that. this is tesla's first mass produced car, and it's the only one -- this is the one they feel is going to turn tesla motors into a profitable company. right now...
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Nov 22, 2011
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business and technology reporter scott mcgrew has the morning's markets. >> well, good morning to you. it's been sort of a lackluster day of trading as we look at wall street this morning. we got the latest gdp numbers showing that america is not growing as quickly as anyone expected. frankly, we weren't expecting very much. one stock to watch is hewlett-packard, one of the bay area's biggest companies. it noticed a big purchase of commuters and servers slowed. that was one of the bullet points in hp's quarterly financial statements but capital spending is very important to the measure of the future of the american economy. so we are saying it is worth taking a look at. >>> facebook is working with phone maker htc on a facebook phone. now this is not it. this is htc's cha-cha phone with a dedicated facebook button, but the facebook phone code named buffy will do far more, though we don't know exactly what. back to you. >>> okay. thank you, scott. well, 20 of us are going to hit the football field with our families on thanksgiving for a little two-hand touch. >> the harball of the 49er
business and technology reporter scott mcgrew has the morning's markets. >> well, good morning to you. it's been sort of a lackluster day of trading as we look at wall street this morning. we got the latest gdp numbers showing that america is not growing as quickly as anyone expected. frankly, we weren't expecting very much. one stock to watch is hewlett-packard, one of the bay area's biggest companies. it noticed a big purchase of commuters and servers slowed. that was one of the bullet...
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first where is scott mcgrew? that's the question. maybe you know. >> just walked by this.hat's your traffic report for in the studio. and i have a look at the effects of the fog christina will tell i about think.owing. i think. we'll check it out coming up. >>> for the first time ever faculty at csu east bay will be calling for a general strike fay. walking out on class. >>> and santa clara county education leaders give the green light for charter schools in san jose. i'll have that story. plus why not everyone is happy with the decision, coming up. >>> and a live look outside. the bay bridge. a little bit of traffic. christina will fill us in on the weather. >>> good morning to you. thanks so much for joining us. #:30 right now. i'm laura garcia cannon. >> let's check your weather with christina loren. >> finally we have some weather out there. not yet in our neck of the woods. we'll set your future cast in motion in a home. >> the rain is not here yet. you've always told us about fog. and we're looking at slowing in towards livermore. it's only 5:30. the this may be part
first where is scott mcgrew? that's the question. maybe you know. >> just walked by this.hat's your traffic report for in the studio. and i have a look at the effects of the fog christina will tell i about think.owing. i think. we'll check it out coming up. >>> for the first time ever faculty at csu east bay will be calling for a general strike fay. walking out on class. >>> and santa clara county education leaders give the green light for charter schools in san jose....
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Nov 8, 2011
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but he's the exception, says bay area business and technology reporter scott mcgrew. >> good morning. in general the latest generation is not as well off as our parents were at the same age. the gap is getting worse. >> what was that all about? >> they study the value of our houses. our parents watched the value rise nonstop. many people in the 30s and 40s now actually owe more on their homes than they originally bought them for, thanks to sinking house prices and dumb decisions with home equity loans. in italy people in their 30s and 40s live with their parents. it lee is this close to paying 7% on the bonds. the number is generally considered unmanageable. the italian prime minister said he would not step down. now here's the interesting thing. how did he announce that? through facebook. >> interesting. very. thanks a lot. >> sign of the times. still to come, what pg&e is doing to fix the pipeline that ruptured on the peninsula ch. >> and baby it's cold outside. temperatures expected to dip into the 20s. we'll tell you where. but it's going to be warmer this afternoon. and if you mi
but he's the exception, says bay area business and technology reporter scott mcgrew. >> good morning. in general the latest generation is not as well off as our parents were at the same age. the gap is getting worse. >> what was that all about? >> they study the value of our houses. our parents watched the value rise nonstop. many people in the 30s and 40s now actually owe more on their homes than they originally bought them for, thanks to sinking house prices and dumb...
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i'm scott mcgrew. at&t said it would no longer try to buy t-mobile.irman said he was against the purchase. at&t faces a $4 billion breakup fee by rehashing that deal. >>> senior citizens will have visitors after a quarantine has been lifted. a nuero virus outbreak has kept visitors away since the 15th of november. more than 81 people at the nursing home came down with the virus since november 10th. they could not come at a better time. residents and familyscan share thanksgiving together. if you shop at lucky, listen up. the company is warning customers someone tamperred with credit and debit card readers at 20 bay area stores. the affected readers are at the self checkout lanes. they removed the readers. so far no reports of problems with customer accounts. for a full list of the stores affected in the bay area, go to nbcbayarea.com and search lucky. let's check in with rob for a thanksgiving forecast. good morning, scott. we're watching areas of light rain pushing out there the east bay hills. still seeing areas of light to moderate rain a around ca
i'm scott mcgrew. at&t said it would no longer try to buy t-mobile.irman said he was against the purchase. at&t faces a $4 billion breakup fee by rehashing that deal. >>> senior citizens will have visitors after a quarantine has been lifted. a nuero virus outbreak has kept visitors away since the 15th of november. more than 81 people at the nursing home came down with the virus since november 10th. they could not come at a better time. residents and familyscan share...