emily: you are the chair of the national virtual capital association. -- venture capital association.ent a letter to president obama otto porter this was. the numbers are worse than they were 15 years ago. just 6% of women partners fdc firms. as a female what steps do you think the to be taken? >> women are more studying so we are really a proxy and more representative than black and hispanic as an example. so sadly, as women we have it good. the kinds of things we plan on doing, one of the things we have is the no partners and in practice around recruiting. we are doing the ruby murray role, which is i have to have a woman and a minority in that final slate of candidates. by the time you see and filter through going to start to see there are great women and great minorities who deserve these jobs. the same is true brought up her doors. that is an example of the kinds of things we can do. emily: it is an interesting that you point out women and other minorities in technology because they are still vast differences between underrepresented groups. in light of the ellen pao trial has th

the national venture capital association wants to find long-term solutions to tackle its diversity problem. it's recent is survey found 11% of investors are female and 13% people of color. >> nice to see them keeping in the public conscious. >>> are you seeing a lot more people on their cell phones this week, maybe more than normal. rap that's because angry birds 2 is out. >> not everyone is happy. for more news on that and news before the bell we turn to landon downie. >> let's get a check get of the markets. stocks look to rebound from mondays losses had a saw the dow drop for the third straight session. markets were impacted from falling oil prices, the below $46 a barrel and apple fell into correction territory down at 10% were recent ice. look for data on factory orders, the dow down to 17,598, the knack dak 51.15. . low gas prices are prompting consumers to buy more suvs and pickup truck. they are on track for an annual sales pace of 17 million vehicles for the first time before the recession after posting a monthly sales rate of $17.5 million in july. 5% more for a pickup this this

according to a 2011 study by the national venture capital association only 1% of vc partners are african-americand less than 1% who are lat know, while a bab tease son college study pound the number of female partners went down from 10% to 6%. so today silicon valley husband and wife mitch capor are announcing a pledge of $40 million dollar with an initiative dedicated to giving my mortgages more unit of becoming entrepreneurs. this is happening the same week you have african-american members asking for more diversity in the pork plais. stephanie chuang, "today in the bay." >>> while venture capital works to get its house in order the rest of high tech much more stressful in its effort to diversity. >> intel willing to pay its employees to help out. >> that's right. intel says it will pay $4,000 bonus to employees who successfully recommend a woman, a minority or veteran candidate for a job. inn tell has already set aside tens of millions of dollars in diversity efforts and it promises its work force will reflect the american population by the year 2020. twitter this morning women are posting und

the national venture capital association formed a new trade group in december which came up with theplan it is renting at the white house today. steps include research that measures diversity and developing better human resources policies. now, the numbers here not too good, according to a 2011 study by the association and by dow jones only 1% of vc partners are african-american, less than 1% are latino. according to a fortune magazine report in 2014, 92 of vc firms that raised over $200 million since 2009, only 4.2% of partner level venture capitalists were women. so again not good numbers and there's concern how this might impact who gets funding, women and minority entrepreneurs do they get the same attention from vc's? one silicon valley couple is fighting by that by dedicating tens of millions of dollars to this. we will have more on that coming up in 30 minutes. stephanie chuang, "today in the bay." >>> and at the same time a few d.c. lawmakers are in the bay area today tackling some of the same issues. east bay representative barbara lee is joining other members of the congres

the national venture capital association tells u.s.a. t's, quote, diversity problem. the group says just 11% of venture cap workers are female, 13% are people of color. >>>ity right now there are fires raging all over california. all we can hope for so no more extreme heat. good news on that front with meteorologist kari hall. >> temperatures stay mild today but it will still be a little breezy as we go into the afternoon. right now in the south bay it's 63 degrees with mostly clear skies, we will start to see more clouds moving in and a high of 80 degrees today in the south bay. in the peninsula 76 degrees, 72 in the east bay and san francisco reaching 69 degrees, tri-valley will be at 83 degrees, no extreme heat today, but the heat will start to build in the next couple of days. let's get a look at traffic now with mike. >>> starting in the north bay, southbound 101 slows through san rafael, just general slowing out of novato. same hinge for the east shore freeway over here we do have a jam starting to build for south 680 toward the wal