at wal-mart, well, it's making its biggest deem in more than a decade. wal-mart-- $4.6billion. the purchase of south africa's second largest retailer would give wal-mart access to africa's biggest economy on the continent. lastly am consulting here in chicago that if companies want to recruit employee and move staff head over to toronto in canada. deemed best in the world when it comes to the lowest risk for employers. consulting people risk index considered demographics, government, education, talent and development toronto ranking top as city with the lowest risk along with new york, singapore, london and montreal. all right, right now on wall street we were seeing stocks weighed down on other mergers

smaller wal-marts have been successful in latin america.inally, facebook denying internet rumors that it's secretly building a branded cell phone. the source of the chatter, techcrunch.com, which was one of the first places to report that google was making a phone, they say, hey, this story's true. facebook currently working with hardware manufacturers to develop the facebook phone. facebook says no, it's want true. i guess we'll wait and see. at the new york stock exchange, i'm jane king, bloomberg news, reporting for wbal-tv 11 news. >> jane, thank you. see you back here at 6:15 for your next report. >> 5:21 at 66 degrees on tv hill. coming up -- another look at your morning commute with traffic and weather together. >> and tonight's the night many of us have been waiting for, the start of the fall season on nbc. up next, a sneak peek at the much anticipated show "the event." >> and don't forget to email us your answer to the watercooler@wbaltv.com. do you think a detroit cheerleading squad's choice of cheers is too racy for 6-year-olds?

operations for wal-mart speaking at goldman sachs's retail conference i don't need to tell you that our customer remains challenge to you need not go farther than one of our stores on midnight at the end of the month about eleven pm customers start to come in and shop fill their grocery basket with basic items baby formula milk bread eggs and continue to shop and mill about the store until midnight when government electronic benefits cards get activated and then the checkout starts and our sales for those first few hours on the first of the month are substantially and significantly higher. so yeah wal-mart of course is america's company's store like they used to have plantations of old and the company's store wal-mart of course is done more to destroy the economy in america than any corporation they employ more people in america than any corporation they under paid these people and now they're being pushed on to reservations like the indians from one hundred fifty years ago these are the new they shouldn't create a tribe of indians in america called the wal mart a coil well also this is

wal-mart stock fell 1%, but on very thin volume. only about half the usual number of shares traded. the company has about $10 billion in cash, or more than twice as much as the massmart offer. the other consumer-focused deal involves the maker of vo5, noxzema and mrs. dash. alberto culver will be bought by unilever. this here is a $3.7 billion deal, giving alberto shareholders $37.50 per share. it continues unilever's expansion in the personal care business, which already includes dove, pond's and vaseline. no surprise, alberto stock jumped on the buyout-- up almost 20%, to $37.64-- above unilever's purchase price. similar to wal-mart's possible deal in africa, the market thinks a better price will be coming for alberto. these two deals have at their heart the global consumer. analysts say valuations make for attractive dealmaking with consumer companies. just last week, clorox sold its auto care products division, which includes armor-all, to a private equity buyer. buyouts, or at least the potential for them, were in focus in other sectors. regional bank m&t fell 7% on speculation

the idea is wal-mart has gone green. the innovation factor is based on the top 50 most innovative companies. wal-mart rated very high because it is investing in sustainable effort. it is very ambitious, and if it works, consumers may buy more. >> tom: it has a big pulpit to do it from, being the largest retailer. and you highlight pg&e, it is an old school utility company. the stock close to a 52-week high. >> talk about boring utilities, right? they have been spending a lot of money investing in new energy. part of it is required by law in california, but part of it is good use of their funds. they supply power to about 5% of the people in america, and they consume only 1% of the resources to do that. and the fun thing about this company is they're going into space. they put some money behind a start-up company that is going to put solar panels in space and pipe the energy back down to the planet. >> tom: talk about r & d out of this world. and nike is on your list. this is clearly the shoe company. expects to grow reve

so yeah wal-mart of course is america's company's store like they used to have plantations of old and the company's store wal-mart of course is done more to destroy the economy in america than any corporation they employ more people in america than any corporation they under paid these people and now they're being pushed on to reservations like the indians from one hundred fifty years ago these are the new they shouldn't create a tribe of indians in america called the wal mart a coil well also this is the showing the extent of the poverty everybody asked like if this is a as bad as the great depression where are the bread lines now these are people receiving electronic benefits cards which are food stamps given in a credit card like thing and these are people waiting to feed their babies is baby formula i mean this is ongoing sort of catastrophe but to give the. indians poos to carry their baby in to get the baby feeding at the midnight stroke well according to charlie monger oh no not charlie monger that two hundred thirtieth richest man in america partners to warren buffett the rich

wal-mart is offering keep cheap plans but what are the catches? >> if your cell phone bill getting more expensive all the time? you may want to check out the newest discount phone plan wal- mart just rolled out. it offers offers one of the lowest monthly rates around. sure the giant retailer is offers prepaid phones for years but it's now jumping to the full service wireless business with a 45-dollar a month unlimited plan through team mobile under cutting most of the major carriers. customer. >> that's the biggest question, what they charge for the phone itself and then the -- we are looking for two phones. >> reporter: good question. $45 a month unlimited voice and text. $25 a month for each extra line. phones range from 50 to $200. it's ten to $20 less a monday that others but jessica martin wonders. >> sounds good but what's the catch? >> reporter: the catch according to -- is if you use much internet you will pay a higher data plan than other carriers. think say it's a good deal for those who chat and text but not for those who spend hours a

so i will regret if we cannot do better than wal-mart because wal-mart created a wonderful business model that created such a b to c model. they created the largest skill assembly line. but alibaba can create c-to-b. consumer to business. because of consumer needs, the business changes their lives. so i think this should give us young people the opportunity to change the world. to improve the world. you know, that's... we have to, i mean, there's no excuse. we cannot do it. we have to do it. our feathe already invested so much on education and it's our time to prove it. >> rose: bill gates and warren buffett went to china recently to talk about their giving pledge, the idea that people like yourself become very, very rich and will think about at some point giving up to 50% of that money away. what do you think of that idea? how do you think the response will be in china? >> okay. i think it causes a lolot of debates right now in china but my thinking is that first, to me i never thought the money i have belongs to me. it belongs to society. we have a couple of million, you're a rich guy.

wal-mart has been trying to spanned the store six years.ntioch denied the project in july but reversed course when wal-mart threatened to sue. >> how did a bear shot dead-end up dumped near an east bay deli. theresa garcia live in san leandro with a story we don't see. >> not a common situation. we have reported on stories of trash or even stolen goods, sadly even murder victims dumped places but never a dead bear on a city sidewalk. now you've got the state fish and game department investigating and it is saying that legally whoever shot the 300 pound adult male black bear is required to have a hunting license and to have shot the animal in an approved bear hunting zone but investigators don't think a licensed bear hunter would have dumped it on a public sidewalk. the bear carcass was discovered 6:30 sunday evening outside the market. it was shot on the shoulder and left lying on the sidewalk. one restaurant owner who came across the bear almost didn't believe what he saw at first. >> pulled in the parking lot. look, someone's passed out d

we should be better off in two years, evenç better. i]ó >> wal-çwçmart?feet which is like the cbs, right 8.ñ and your typical wal-mart is 200, 000. çand without having o consult the entire city, they're going toç go totdç smaller vs for the retail outlets which is smart. >> with-cvs-rite aid--type stores size... ♪ >> after aç cool,çxdçó breezyd it is pretty nice out there today. with a look at the golden gate plenty of sunshine and to route to san francisco bay. the fog is spilling back with comfortable conditions with 63 at the coastline and 84 inland is the warmest. pretty warm inland, and the north bay, low- and 70'sççké on the shorekçe changesq tomorrow! clearwo#ç tt with mild temperatures and by çw3tomorrow, that fog isñrw1[çç e coastline.i]]yç mitt( should k çbreezy and coolerq%wadç con, 5-15 degrees. we will look at those temperatures and first, the fog forç tomorrow morning.! the coast'e usedçt(skr toxhççt!ñr and pry finally, by noon it will be edging out and pulling back to the east bay shore, the peninsula and the coastline.

hundred fifty years ago these are the new they shouldn't create a tribe of indians in america called the wal mart a coil well also this is the showing the extent of the poverty everybody asked like if this is a as bad as the great depression where are the bread lines now these are people receiving electronic benefits cards which are food stamps given in a credit card like thing and these are people waiting to feed their babies is baby formula i mean this is ongoing sort of catastrophe but to give the wall more mccoy's indians to carry their be going to get the baby feeding at the midnight stroke well according to charlie monger oh no not charlie monger that two hundred thirtieth richest man in america partners to warren buffett the richest man in america monger says thank god bailouts came before handouts yes this is charlie munger who is eighty six year old partner to warren buffett and he was speaking at the university of michigan on september fourteenth i think those b.o.h. were absolutely required. if you talk about. but it was for everyone the olds there comes a point if you just start

the size of some of the wal-mart supercenters. cities including san francisco, new york, will soon see test stores pop up, they are called market side. the new format focuses on fresh food, pharmacies, beauty and pet supply departments but we'll have to wait and see how things turn out there before the many wal-martings come to charm city. you don't have to wait to sound off. og on to abc2news.com and tell us if you think the smaller stores should come to baltimore city. and if you think they will work here. tell us why or why not. you can find that on abc2news.com. >>> it's a painful problem that most older people deal with daily. imagine being a 7-year-old child with rheumatoid arthritis. hear one family's struggle with the ailment. plus, on any given sunday willis mcgahee works really hard for the ravens. tonight, you'll hear why he's working even harder for a local family. >> in a word, seasonable for the last full day of summer. 77, the normal high, what we hit today. 77 was your 2-degree guarantee. we have a weather winner.

after wal-mart threatened to sue athe fish and game has a murder mystery on its hands. investigators want to know how a dead bear that had been shot had been dumped near a san leandro deli got there. theresa garcia is live with more. >> good morning. california is in the middle of bear hunting season right now. we're actually not that far from the regional park but a park distribution spokesperson sayless he bears don't live in the east bay. why would somebody dump a bear and what's the motive or message. this carcass of the male black bear had been shot in the shoulder and was left lying on the sidewalk. the alameda county sheriff's office says a witness reported seeing a white pickup speeding away. the stores were open at the time. customers say they're shocked and saddened someone would

. >>> we're following a developing story that may impact you who tried to use a credit card in wal-mart or sanskrited the. they only accepted cash for several hours, we called around and sure enough there was some sort of technical blitz that had shut down the retailers computers. we caught up with one shopper who first tried to go shopping at the sam's club in cockeysville. >>> they had signposts that said cash only so i went to try to make a purchase, they said all the systems are down across the country. >> wal-mart officials say they fixed the problems around 11:30 a.m., wal-mart relace leased a statement on the web site this afternoon explaining the outage. while doing some required maintenance on our data system we had a breaker fail on the backup system which disrupted our ability to process some credit and debit card transactions this morning. within a matter of minutes we begin making some changes to try an minimize the impact to our customers and allow most credit transactions to be processed. we were able to restore these systems back to normal in approximately 90 minutes. >>

. >> wal-mart goes mobile. money scope report is next. >> also, as the san bruno fire victims assess their losses, what we can all learn from their plight. >> and did he feigs the odds, california students make steady gains in academic performance. >> and why the city of richmond is celebrating the arrival now i can stop pain from any angle-- with no mess. (announcer) new icy hot spray. relief that's icy to dull pain, hot to relax it away. and no mess. new icy hot spray. don't mess around with pain. barbara boxer. she fought to get our veterans the first full combat care center in california. her after school law's keeping a million kids off the street and out of gangs. and she's fighting every day to create new jobs. boxer: i'm working to make california the leader in clean energy, to jump-start our small businesses with tax credits and loans, to create thousands more california jobs. i'm barbara boxer and i approve this message because i want to see the words "made in america" again. >> closed captioning brou

wal-mart tested the program in los angeles and boston.er way wal-mart's trying to get city shoppers, the financial times says the company looking to start small convenience stores. bank of america customers going to try a plan that rewards customers who maintain a minimum current balance, use their credit card each month and do the banking online. that means customers who don't will pay for. new restrictions on bank and credit card fees. the federal reserve meets tomorrow faced with deciding what to do to jump start the recovery. many economists say it will lay the groundwork to buy treasuries and other secures to get more cash. i'm jane king with the bloomberg business report. >> advocates for the disabled say revolutionizing life for the deaf and hard of hearing. at the alabama school of the deaf, some students have two hand-held devices. has led to a rise in distracted driving. tomorrow transportation secretary ray lahood is holding the second national summit on destructive driving. >> finding a way to treat hard to control asthma but

and wal-mart's offering a new family cell phone service. details next in "consumer alert." >> sandra? >> a cold front is moving through the area, but it's not going to generate much. i'll detail what you can e [ male announcer ] are you watching cable? here's what you should be watching: your cable bill. because you could be paying way too much. stop spending more for second best. upgrade to verizon fios and get tv, internet and phone for just $99.99 a month for a year. and here's a special bonus: you'll also get the fios tv movie package and epix -- free for 12 months. and with this offer, there's no term contract required. if you don't love fios, cancel at anytime with no early termination fee. fios gives you the best channel lineup, superior picture quality and more hd... plus internet rated #1 in satisfaction, speed and reliability. last chance. offer ends october 2nd. get fios tv, internet and phone for just $99.99 a month, plus the fios tv movie package and epix, free for 12 months... with no term contract. call 1.877.797.fios. that's

south africa is deeply concerned about anti-union policies at wal-mart.he venezuelan president is celebrating gains in parliamentary elections that could make the next five years difficult for hugo chavez. our correspondent in caracas has more. >> it is an atmosphere of order and peace. security was tight, as it is in most latin american elections. there were a few incidents of trouble and accusations of foul play at the polls. mr. job as voted himself at his stronghold in caracas -- mr. chavez voted himself and his stronghold in caracas. after several tense hours, the announcement finally arrived. it was a victory for president hugo chavez. >> the united socialist party had been majority of seats in state after state. but crucially, there will be no two-thirds majority for the elected leader, the magic number needed to pass reforms. opposition candidates had taken more than 60 seats in parliament, a block large enough to frustrate his plans over the next five years. it must be remembered they chose to boycott his election five years ago. as such, they wi

the wal-mart has the first so- called plan!s, $45 per month, and additional for one person, $25. >> right now, i pay $120. and when wal-mart bringing up competition, and bringing down prices. that is what you want to see, with only four phones, and no data. >> no texting. kavanaugh video. pala correct. >> very little. and although soft- >> no video. >> that is correct, it is your little interaction but in the end, that is good so people can pay less. >> it would be nice to hear that ourself on prices could be going down. >> maybe yours? >> pala, and a few e-mails, this is from richard. and if this... schumer >> the exact opposite, when he was a big name they had to pay $500 million for five years. the, they could a big talent, you, me, to get more talent, not as big. but still good enrollment in brand of cars, better than it did a couple of years ago. and perhaps leaving? it could be good for serious it hard stern leaves. >> and about this? >> well. still doing big business. with the market update tomorrow after the market clos

wal-mart calls the suit unfortunate. legal fees. >> a hearing before the san francisco planning commission today is expected to determine the future of a north beach market. the 60,000 square foot market was licensed in 2007 as a grocery store with a small self-service restaurant and an area to sell wine and beer but the market owners decided to eliminate the groceries because they weren't selling. someone tipped off the planning commission. now they may have to close up shop. >> survival. how to keep the doors open. i think that is the reason why we -- we altered what we were selling. and there was no attempt ever -- ever to be a grocery store. >> you have to understand the rules that govern. you went under certain expectations. >> if the market closes, 22 people will lose their jobs and the site could become another of the vacant buildings in north beach. >> just ahead on abc7news.com at 6:00, the break-through that could have your smart phone reading your stocks. >> the mind of a shooter. the interview revealing more

wal-mart calls the suit unfortunate.ler will fund the city's legal fees. >> schools considering a radical option to create a megaschool. jenelle wang joins us live. >> actually several megaschools. in order to do this alameda would have to close half of the city schools. lincoln and wood middle schools along with washington and paid am elementary could close as early as next year and 2012 they could shut down these schools. one option would be to create a megak-6 school with up to a thousand students and two giant high schools for 7th through 12th graders. >> that's my biggest concern, how the high schoolers are going to affect the middle schoolers. >> there's simply not enough room for all the children. >> yeah. it's estimated that class size. kindergarten through third grade would balloon to 32 students per teacher. even with all these cuts, the district says it could still be short up to $12 million the next two years. the schools in alameda are what attracted them to the city and what attracted them to move there and

wal-mart has been scouting sites in urban markets including new york and san francisco. thank you very much. >> for more smart living headlines log onto our website at wusa9.com. click on the living smart tab on our front page. getting an annual flu shot may save you from just the aches and pains of the influenza virus. >>> nasa begins the countdown to one of its final shuttle missions. we'll be back. >>> welcome back. the space shuttle discovery is sitting on the launch pad at cape canaveral preparing for its last trip to space. discovery is set to liftoff november 1st for the international space station. the final shuttle mission is planned for february when endevil -- endevour heads to the iss. >>> good morning. >> it's a beautiful morning out there. a little crisp as you said earlier with a p. crisp not christmas. although some stores have the christmas stuff out already. >> yes, it's really pushing it too fast. >> let's get you started this morning. beautiful skies out there for some star gazing. this is jupiter and its moons. check this photo out. the neat thing ri

people who turn in a gun will be given a gift certificates to stores like target and wal- mart. garcia was 22 when he was killed in september of 2008 in a case of mistaken identity. >>> today's exchange will be held at st. mark's lutheran church on union avenue in fairfield. >>> well, the city of oakland is set to get a new parolee center on the 3000 block of telegraph avenue. some say the location makes sense, because hundreds of parolees already live in oakland, but linda yee tells us why others are fighting this plan. >> reporter: oakland's north gate area is working to improve its image. plans for a parolee reporting center isn't getting a huge reception here. many neighbors are scared and angry. >> it's really just a question of if you've got a neighborhood that is already kind of economically fragile, i mean, how will this affect the bakery that's going to open across the street? there are a couple of medical facilities across the street, where there are people who are more vulnerable and can we really say people will be safe? >> how are the job descriptions coming along?

. >>> wal-mart says it's going to try again when it comes to setting up a store in san francisco.y this time the giant retailer is thinking small. >>> have researchers cracked the code? what they say will help advertisers help sell you things. >>> wal-mart is setting its sights on san francisco once again. the world's largest retailer wants to open up hundreds of small stores across the country the focus on selling fresh foods and prepared take out. the san francisco chronicle is reporting that plan includes five dozens stores in the bay area. grocery accounted for 59% of wal-mart revenue last year. >>> the obama administration announced good news for millions of the medicare recipients. patients will pay a little less on average next year. they also raised questions about the medicare plan. the average monthly premium will now drop to about $35. that's a 1% cut or about 50- cents. about 11 million seniors are signed up in the plans. enrollment is expected to increase by 5% next year. >>> doctors have long known that medical bills are higher for the obese. that's just the start to

. >>> wal-mart is now introducing a cell phone plan. it uses its own branding.art family mobile service will run on t-mobile's network and offer unlimited calling and texting for $45 a month for the first line. $25 for each additional line. and the retailer says there will be no contract or early termination fee. >>> we're going to look outside at yesterday's highs. on target with our 2-degree guarantee, 81 degrees. i mention that off the start because you step outside, it will be a chilly morning. we're going to get into this general idea and theme here. during the month of september into october, oftentimes when we have clear skies we have cool mornings, in fact downright chilly for some of you and warming up into the afternoons. this is in target with our 2-degree guarantee, just a little above normal. on this day we would normally start at 58, aim for 79. pushing low 80s, not hard to do but that's the limit we can expect this time of year. however, we've been 94, that was in the hot decade of 1931. we're not close to that today. sun up 6:47. down 7:17. we st

operations for wal-mart speaking at goldman sachs's retail conference i don't need to tell you that our customer remains challenge you need not go farther than one of our stores on midnight at the end of the month about eleven pm customers start to come in and shop fill their grocery basket.