among the projects, smern repairs to the eroding oroville dam's spillway. and there have been numerous road blocks in funding. the governor's office estimates california's local streets and roads in repairs. and the flood control needs $50 billion in improvements. governor brown. san francisco. >> some sad news to pass flaeng our nightly business report family. long time anchor of this program paul kangas passed away yesterday at the age of 79. he was a pioneer and he in tele. >> he joined "nightly business report" in 1979. beginning a 30-year run. his deliberate measured style helped nbr become the first business program to build a mass audience. >> as panic sell erupted on the foreign exchange, prices continue to plumpb. >> he was business news before business news was cool tv. in 2009, the year he stepped away. he was presented with a business award by the national academy of at the investigation arts and seasons. he served in the u.s. coast guard during early '60s. after studying at the staern school of business, he earn ad stockbroker license and later