>>shopping opens up in india as the government considers letting retail giants like wal-mart tesco and carrefour into the country. >>the landscape is huge - it's about 400 billion dollars of consumer space out here. >>staying ahead in a competitive and rapidly expanding neighbourhood - indonesia is on the hunt for investment it is a growing population. it's a fantastic opportunity for a business like ours. >>as road traffic increases especially in emerging markets like india so does the problem of pollution, but now new technology from italy could mean cleaner air for everyone... >>the dangerous particles are the nano-particles below one micron and of this 99.8 percent are takenout. >>hello and welcome. i'm raya abirached and this is world business, your weekly insight into the global business trends shaping our lives. with 1.2 billion people india represents a huge opportunity for retail firms, but the market has long remained closed to big international brands, but now that could be starting to change. >>reporter: the north indian city of chandigarh is now home to a very american bra

wal-mart kept up its string of negative quarterly same-store sales. for the fifth quarter in a row, wal-mart's sales at stores open for at least a year decreased. overall, earnings were a penny over wall street estimates. results were driven by its international growth, while its u.s. stores are lagging. margins fell victim to price cuts as wal-mart tried to entice customers to spend. wal-mart stock saw a little heavier-than-usual volume on this gain of 1% today. over the past 12 months, shares are down 1%, while the dow industrials are up 14% from a year ago. a couple of other general merchandise retailers from different ends of the spending spectrum also reported earnings. discounter t.j.x. companies added 1%, after pumping up its earnings goal for the year after beating the street in the latest quarter. saks, meantime, also beat expectations as margins improved. shares rallied 2.5%. every parent of a teenager knows how fickle their fashion tastes can be. so do investors. abercrombie & fitch tumbled almost 7% to a one-month low. earnings were better

wal-mart isn't commenting. shares was up almost 2% in the weak market today. while wal-mart is the world's biggest retailer with more than 4,100 stores, it does not have any outlets in russia. speaking of russia, sanderson farms is back sending chickens there. while earnings fell in the latest quarter, the mississippi- based company says demand from russia for u.s. chicken has been spectacular. russia banned u.s. poultry in january over how u.s. processors sanitized their chickens. that ban was lifted last week, and russia is okaying u.s. plants to resume sending chicken there. one of sanderson's plants has been o.k.'d. sanderson stock was up 6% on heavy volume. this is a two-week high. the firm also says it has a good appetite for stock buybacks. that may have helped today's performance as well. back to school season is in full swing, but that may not fully explain the buying interest lately in the washington post company. in addition to its namesake newspaper, the company also owns education services firm kaplan. shares continued recovering today from a sell

we'll keep watching. >> did wal-mart beat expectations as well? >> they did. expectations on cost cutting. >> that is good. >>> time now 6:30. good morning and thanks for joining us on ktvu channel 2 morning news. it's tuesday august 17th. dave has the day off. >> good morning. i'm pam cook. time now 6:30. >>> homicide investigators interviewed a 13-year-old boy after his brother was found shot to death. we're at the oakland police station with details of the evidence the police have uncovered in this case. jade. >> reporter: good morning. investigators pulled quite a few items out of the aunt's house where the shooting took place. first we watch the family's heart ache as they walked out of here oakland police headquarters last night. two brothers, a gun goes off and the oldest does not survive. investigators wrapped up last night. oakland homicide investigators question the young boy and released him into the custody of his parents. all we know is the brothers were together at the time of the shooting and the incident happened at 8:00 last night near san pab

it has been a choppy 12 months for wal-mart shareholders. shares are in the lower end of that range heading into tomorrow's report. there has been plenty of volatility among for-profit education stocks this summer, with the market trying to figure out how new government rules on student lending may impact future profits. the department of education wants to require for-profit schools to have at least 45% of their graduates paying back their student loans, if those schools are to remain eligible for federal student aid. corinthian colleges, education management and strayer education all hit new lows on stiff sell- offs. investors sold today over worries about potential penalties for schools graduating students with big debts, and not getting jobs. strayer, for one though, says the government's analysis is at odds with its own analysis of student debt loads. meantime, student lender nelnet jumped 5%. late friday, it settled claims that it made false statements to get extra government subsidies for writing student loans. and that's "market focu

example who's able to provide goods at a much lower price than other retailers they don't allow wal-mart within a twenty five mile radius is that a lot of urban centers i'm not here to defend walmart but i'm just saying that i'm highlighting that is an example been here the reason wal-mart is able to offer those sweet sweet competitive prices you were talking about is because they don't allow people to unionize they don't offer health benefits to their employees that they're able to save all of that cash so if you're talking about emulating their business model. you're really talking about a race to the bottom actually they offer a very competitive health care package i actually are and i do a lot but i don't want to go down that. i want to talk about eating abbots in america the food that is available for us i know for example you said the government should stay out because it's your choice what you should eat what about when it comes to children these are the people that have no voice it's not their choice what they eat it's either the parents that are feeding them or perhaps what they

of economic and work force development to retroactively to expand a grant from $400,000 from the wal-mart foundation. item three, resolution authorizing the office of economic and work force development for $100,000 for implementation of california low income energy efficiency program. item number four, resolution authorizing theout of economic and work force development to accept and expend a grant for $200,000 to support the citybuild program. supervisor maxwell: thank you, these items will be sent forward as a committee report. any comment from staff? >> thank you. my name is amy wallace. i am director for economic and work force development. i am happy to answer any particular questions that the committee has about any of these four items. i can speak breafl to each of them and then take questions or comments you might have? supervisor maxwell: why don't you do that? >> the first is an accept and expend asking the committee to allow us authorization to continue contracts we have with young community developers to provide retail skills training and recruitment for the lowe's facility i

. >> susie: wal-mart wants the u.s. supreme court to block what could be the largest sex- discrimination case ever. more than a million women are involved in the class action suit. they claim wal-mart pays female workers less than men, and gives women fewer promotions. the discount giant wants the cases tried separately, not as a class. the high court is expected to decide later this year whether it will hear the case. >> tom: expect congested roadways, full flights and crowded trains if you're traveling this labor day weekend. a.a.a. says about 34.5 million people will spend the holiday away from home. that's 10% more than last year. the cost of getting away is getting higher too. airfare, car rental and gas prices are all up. experts say even though unemployment still weighs on many americans, most folks just want one last hurrah before summer ends. euquu >> susie: with heavy summer selling taking the dow back near the 10,000 level, many investors are wondering if their portfolios need tweaking. tonight's "money file"

s may have lost some shoppers to competitor wal-mart's sam's club and its price cuts. adding to that disappointment was b.j.'s cutting its outlook that dropped the stock down to a seven-week low on heavy volume. small-cap apparel retailer citi trends also saw big volume today, falling to an 11-month low. earnings were less than forecast as same-store sales dropped in the latest quarter and margins fell. it also cut its outlook. a trio of earnings after the close were moving their stocks. pet-smart had good results and raised its forecast. the stock added almost 8% to its closing number. two data-storage stocks were lower after the close. brocade was down 6% after hours on weaker margins. netapp's results beat the street, but it did not change its guidance. that was seen as a disappointment. shares fell almost 5% after the bell. we got a read on global commodities and construction with deere and company today. deere beat the street by 20 cents, as demand jumped for its farm and construction equipment. however, the increase in equipment sales was less than the company's

than finally russian retailer ppaca is in talks with wal-mart's and russia x five over tendril sale of the business if the talks fail the company will press ahead with their initial public offering the final decision we may know tell you that the pay is price hovers about one point six billion u.s. dollars according to the company's own calculations and in two thousand and nine the retailers net debt raise of three hundred twenty nine million dollars so far we want is no presence in the russian markets evolve contrast to pick up just right six hundred shops only two hundred towns across the country. that's the latest is out but you can always find more stories on our website. some. muck above muck. the beyond the mud coming up. this history still keeps its secrets but now it's time to move feel up to some field farms and onto some. more news today violence is once again flared up. these are the images the world has been seeing from the streets of canada. trying to cope for a shelter on the day. prone. to. ski.

roast beef sold in wal-mart premade deli sandwiches may be contaminated with lift listeria.e packages contain the vendor number on your screen, 398412808. and have use by dates between august 20th and september 10th. now, no illnesses have been reported and we have a full list of the sandwiches under recall on our website. just go to abc7news.com. >> two closely watched senate primaries have produced very different outcomes for incumbent senators. senator john mccain clinched his party's renomination but victory over tea party challenger is not taken for granted. mccain promises to fight with every ounce of strength in november to keep his senate seat. a different story in alaska with a race too close to call. lisa mckowski is in a tight primary race with tea party candidate joe miller. votes are still being counted this morning. miller had support of sarah palin. it's a test of palin and the tea party movement. >> the state cancels prison visits. the state prisons will be closed to most visitors labor day september 6th. that should save some $325,000 in overtime. lawyers wi

and finally russian retailer is in talks with wal-mart and russia's x five over a potential sale of the business if the talks fail the company will press ahead with an initial public offering the final decision will be made in october could pay a price hovers at about one point six billion dollars that's according to the company's own calculations and last year the retailers net debt version of three hundred twenty nine billion dollars so far wal-mart has no presence in the russian markets a vast contrast to compare which operates six hundred shops in nearly two hundred towns across the country. that's the latest this hour but you can always buy more on our website r.t. dot com slash business. see . above mug. the beyond the month coming up. this is street still keeps its secrets but now it's time to move feel up to some field farms and see some the the. morning news today violence has once again flared up. these are the images the world has been seeing from the streets of canada. trying to corporations are rooted a. mum. in toyland multis available in hotels friends to convince myself

we had some good reports come out and some good earnings home depot and wal-mart reported better thanxpected quarterly earnings. palo alto hewlett- packard is buying fortified software to be upside for security. the company did not disclose financial terms. they will be part of hp's product line. >> noting that fog were seen as a lot lower over san francisco. >> >> dario was get this look on her face it's a concern in look. (laughter) this is sour milk kind of weather. overcast conditions again drizzle out there this morning we will continue to cool it off by the weekend well below average temperatures cause for the milk faced this sour milk face. by noon time getting up to 70 high today about 77 and back down again to 71. still seeing fog settled over much of the bay area this morning religious settlement through the peninsula now making its way into the south bay also in to the north bay as well. people and fog around for the next hour on we could pick up in the 7:00 hour see the push through the delta of by 9:00 still low cloud cover still that fog by 10:00 we will see recede back

resolution authorizing the same office to except and expend a grant in the amount of 400,000 from wal-mart to plan and manage an employment program. item 32, a resolution to retroactively except and expand a grant in the amount of $100,000 from the california public utilities commission to support the implementation of californians low income energy efficiency program. item 33, authorization to retroactively except an expanded grant in the amount of $200,000 from the evelyn and walter haas jr. fund. >> these are adopted. item 34. >> a resolution authorizing the port commission to accept and expand a grant from the united states in fermenta protection agency in the amount of $1 million under the diesel emissions reduction act. >> same house, same call? this is adopted. now will call for introductions. -- will call for introductions. >> sadly for many families, this is elastic of summer vacation. i am having my daughters look for items that are related to the ordinance that i am introducing today. i was horrified to find prickings bunch bob and horrible comic characters that are marketed in

and rescue employes from the wal- mart in stock inside.s could go above record setting 50 years ago. and actress zsa zsa gabor finally home. 93 years old is back in their los angeles home in should broker have been a month of july after trying to get into her wheelchair. she underwent surgery. if you this after the accident. in ohio, look to this little baby. this baby was born at 11:12 p.m.. making this her mother, is scheduled to be inducing. she weighed 6 lbs., 7 ounces we will rebecca to this quick break.