he has a very famous father, warren buffett. had you ever heard of him? >> si. >> oh, i'm impressed. >> as we reported, howard buffett doesn't always agree with bill gates on the best ways to help farm development in africa. but that doesn't mean they can't work together. towards the end of 2011, the howard buffett foundation announced it was joining with the gates foundation to support the work of n2africa, a dutch-led initiative to improve soil quality and increase agricultural productivity in eight african countries. the $2 million donation from the buffett foundation will support work in sierra leone and liberia. [ticking] coming up: making money faster than you can blink... are humans ever involved in the trading? >> humans are not involved in the trading because humans are way too slow. >> when 60 minutes on cnbc returns. at usaa, we believe honor is not exclusive to the military, and commitment is not limited to one's military oath. the same set of values that drive our nation's military are the ones we used to build usaa bank. with our award winnin

has been investing in the marketplace since for thirty forty years and i know warren buffett any longer they're a dime while he was out and well they let me just finish what i said i might gold. my question he was investing back when the capital gains tax rate was forty percent which is higher than the regular income ordinary income rate is right now and he made the point that you know hey if i could make a million bucks and you know end up with six hundred thousand that's better than nothing of course i'm going to take the opportunity nobody stopped investing because of income taxes because of capital gain very true but you know you have to balance the risk and rewards a lot of people are finding that out themselves right now their expectations of whether what was in their ira was going to be so much and i don't mean to open up pandora's box by the day even if your argument is that people who are investing are taking risks shouldn't we have a special tax rate for police officers and firefighters they die at a much higher rate than investors do on a job under the impression that dentist

> > warren buffett of course. in the last quarter, probably around $70 a share. this company has been in business since the 1800s, and it really controls most of the sophisticated oil equipment that's needed all over the world, just like that deal in the gulf. now the stock is $80. one thing, it's a very profitable company. it has a final profit margin of about 12 to 13%. that's really good. that's something that's attracted a long-term player like buffett. now of course, with oil at $98 a barrel, people really like oil plays, oil stocks, your chevrons and exxon mobils that i own. now oil field services, this stock has had a great run. can it prove that it's going to keep chugging along at its all-time high? what if we have a pause in the global economy? oil sells off a little bit to the $80s. it can push the stock down a little bit. so i'd like to buy it more $70-ish, but we'll see. it's a very good company, and with warren buffett on board, you should really take a look at it. > > i would think that demand could be an issue for you if you own this stock, becaus

and bill gates and warren buffett are first and second on top of forbes list of wealthiest people inr a 12th straight year. gates has been first in nine straight years. and now we countdown to the closing bell with liz claman. liz: buffett and bill gates have a good time teasing each other. but buffett used to be 52 billion, gates was 56 billion. everybody has pared back just a bit. speaking of paring back, the euro versus the dollar, the euro has scaled back its gains but still at this level, $1.30 is getting more and more pricy to go visit europe. anybody in the euro zone there. but the dollar showing minor gains, some of this has to do with the fact that the bank of japan overnight did announce it would pull a central banker move. it's doing qe in its own form. it is doing large scale asset purchases to help its country. so at the moment you started to see currencies moving all over the place. in the wake of that the dollar is a slight beneficiary. now let's get to nicole petallides on the floor of the new york stock exchange. i guess i could call them watercooler stocks. nicole:

warren buffett does not have income.e's getting taxed on his investment whereas the secretary has whatever she makes in income so she's getting paid the income tax, which is higher than capital gains. it's not really -- you know, apples and oranges. you want to be clear. capital gains versus income taxes. just to say secretaries pay a lower rate than their bosses is not accurate. >> marimaria, you paid -- you pa higher rate in 2010, twice as high, probably, than mitt romney did when he was campaigning full time for president. you came into the office every day. why should you pay twice the tax rate as somebody who's not even working every day for a living? >> i don't -- >> he's not breaking the law, though. it's all -- >> i'm not saying he's breaking the law. my point is it's preferential treatment of income from wealth -- >> president obama -- how come president obama hasn't eliminated the loopholes in the last three years? simpson/bowles treating them as ordinary income. that's one of the main loopholes they wanted to

even when bill gates and warren buffett are looking around.ere like, this is pretty cool. >> let me show you the list of the top side. as you said, bill gates, warren buffett. >> everybody in the top ten are up from last year. >> and what's it take these days to get on the list. >> a mere $1.1 billion. you can be a billionaire and still not be on the forbes 400. >> what did it used to be? it had to be significantly lower than that. >> this is the 30th anniversary. 1982 it was $75 million. even if you go back 20 years to 1992, it was $265 million. we've taken a quantum leap especially in the last ten years. we had a big boom in the late 2000s. now we're at the highest level ever. the highest number to get on and the biggest aggregate net worth, $1.7 trillion for the top 400. >> it does play into the political conversation, the have and have nots, clearly the rich are getting richer. they have money for politics. obviously the coke brothers, charles and david well known in republican politics. michael bloomberg who spent a lot of money on his ow

as warren buffett says, find something in front of it.ore the drought we thought this was a powerful trend. record stocks going into this year. and crisis mode coming out of it. liz: trout or no drought there is massive demand. tell people how to capitalize on that. let's start with atco which is a farm equipment company, why that over d. year? >> we own beer, and in one of the strategies and in another strategy. and sit 70% undervalued and looking for companies to benefit from productivity gains. we need to have equipment that will allow you to keep costs down both the year and addcode do that. is a compelling evaluation. liz: it is up 18% year over year. then you get to the fertilizer and engineering companies. and the potashes of the world. >> you look at what happened even on our own family farm we used to hire workers to cut the weeds out and round up ready soybeans and spray it and it makes it efficient and reduces the cost and the ability to moisture. [talking over each other] >> not an inexpensive company. we think it has real leg

. >> warren buffett says that he has completed treatment for a mild case of prostate cancer appeared. he said this is a great day for me. i have had my last day of radiation. >>james: here is a live look at the golden gate bridge. we will be back in just a moment. >>james: a wild fire of day car and the brass fire is contained that is burning on the side of the mountain near los angeles. >> the 3 a. fire was sparked late sunday morning in laguna beach california. it was started near a beach resort. one firefighter was taken to the hospital for reading difficulties. >> a man was arrested for keeping-- peeping on his neighbors. officers found cocaine, marijuana and cash. he had pictures of curls around the neighborhood. >> a man was arrested late saturday after receiving reports of a soaking wet man yelling in the park. they found the body of debra crouch. he was arrested. >> here is a look at the toll plaza at the bay bridge pin. we will be right back. [ female announcer ] they can be enlightening. hey, bro. or engaging. conversations help us learn and grow. at wells fargo, we believe

warren buffett has $65 billion. mark zuckerberg has dropped to 36th. congress has a new search engine this morning. congress.gov. you can search for bills. this is more like google. a live look at my ipad as we wait for it to update with io6 released an hour ago. i have been staring at this screen for some time. good-bye google maps. as many of you heard, on friday, they will offer a new phone as well. i don't know if you heard about that. back to you. >> the iphone 5? >> scott, thanks a lot. way to update us. >>> let's check the forecast with rob. how is it looking? >> we are watching the low clouds this morning. especially friday morning. you can see right now from san bruno mountain with the overcast above and the space shuttle will come over the bay area and pass over the golden gate tower which is 750 feet high. the aircraft with the shuttle on its back makes the path over the area. the low cloud layer we have or the base or ceiling is close to 1,000 feet. at the top, 2,000 feet. this is right at flight level at 8:00. by 9:00 and 10:00, drier air

so warren buffett, who says he wants to may more in taxes to pay down our debt, can't actually do so when filing his taxes. h.r. 6410, however, gives mr. buffett and generous americans like him a simple, easy way to help pay down our debt. this legislation adds to appropriate tax forms a box with the caption, and i'm quoting, by checking here i signify that in addition to my tax liability, if any, i would like to donate the included payment to the -- to be used exclusively for the purpose of paying down the national debt, end quote. the joint committee on taxation estimates that h.r. 6410 reduces the public debt by $135 million over 10 years. it makes it easy for those who want to donate money to the treasury for debt reduction to voluntarily do so. without raising taxes on entrepreneurs and job creators. so if warren buffett wants to give, then h.r. 6410 allows him to give to his hert a -- heart's content and the payments will go directly to an account at the treasury dedicated exclusively to debt reduction. mr. speaker, it's not enough to speak in political platitudes about what we

i think warren buffett should hire 10,000 people.y, he will make money on that, and then he could do it again and again. if we don't incent the best business people in america to drive more employment, then we're being silly, and i think both of this rhetoric is buck us, nonsense, garbage. unless we get people to hire people, we know that government isn't going to save us. can you imagine suggesting government is going to save us? businesspeople had hire people, we need to create the kind of incentives that push them. you, you're a rich guy, howard, you're a successful guy. you will pay more taxes unless you go out and hire another 1,000 people. i tell you what. i can sit on my butt and pay more taxes or get off my tail and hire 1,000 more people. that's the kind of incentive that sounds like america to me. >> want to tell our viewers which candidate you are leaning toward? >> you know, i'm probably leaning -- in the presidential race toward romney, however, i think that nontax stuff is not going to move our economy. more right than

>>mark: warren buffett says he has completed treatment for a mild case of prostate cancer.d last day of radiation. his company's stock is down >>darya: the 49ers to down the detroit lions last night. more on sports we come back. or >>darya: the stories we are following this morning, after last week's fire and between elementary school, their ads with all cleaned up and reopening this morning. today marked the one-year anniversary of the occupied wall street movement. demonstrators will be active in the financial district in new york city and around the country. a retired san francisco firefighter is missing. he poured an amtrak train last wednesday. he was last seen on friday by a train conductor who described him as looking disoriented. >>mark: police arrested a man of the week and who was struck with the crash is powerboat into another boat on a lake, killing two people. evidence suggests that he was drunk at the type -- a the time of the boating accident. he was charged with two counts of vehicular manslaughter. a friend of the suspect as his family is devastated. firefi

. >> warren buffett won't touch gold. >> okay, yep. >> you think he's wrong?arly you must. >> i think he's making a big mistake. >> well, warren buffett may not be a big believer in the gold rally but our next guess is. weeden's chief global stratiest michael purvis updates his year-end target. welcome back. >> great to be on. >> i want to use your insights again, shine some light on us if you will, call gold now. >> i'm looking for 2,000 by the end of the year and things directly related to gold, silver and the gold mining equities to move aggressively higher. one key message i'd like to get out there we've seen a lot of money made over the last several weeks but we have to step back and realize this is part of a really breaking out of a consolidation and really important move to the upside across the precious metals complex. so don't be so fast to take profits here. >> what will take it to the 2,000 level, just central bank activity around the world, don't fight the fed and this is a perfect reason why? >> right now we have you know american, european and ja

leading the pack is bill gates with a net worth of $66 billion followed by warren buffett, he has $46 billion, larry ellison came in third with 41 billion and there's one person that is not so rich this year, although he is doing ok, mark zuckerberg of course dropped from 14 spots from no. 14 last year to #36 this year because of his stock situation. >> i don't feel sorry for him, i think he is ok. >> the biggest bridge move in the united states happening right now here in the bay area >> the new milestone for oneself, where doctors performed the first uterus' transplant. >> summer breeze blowing the ,,,,,,,,,,,,,,,,,, >> ok, the pressure is on, lawrence karnow has to deliver a clear forecast on friday morning, the space shuttle endeavor is taking a farewell flight through the bay area skies between 8:30 a.m. and 9:00 a.m.. the big question, will we be able to see it? >> it is all on your shoulders. >> the problem is that we have the fog around here, today the fog was 1,200 ft. so we will see more fog into friday, touch and go on that forecast. if they did it right now it would look g

i think the issue with governor romney's taxes and warren buffett taxes is that a, if you're really richa tax code provides a fertile field for finding ways to avoid paying taxes, and b, if income is more an capital gains and income and less in wages you are taxed at a lower rate. i think that's pretty much the bottom line. i do thing actually that mitt romney is campaigning on tax plan because it would benefit him particularly. i think either believes in the tax proposals he put forward, as vague as they are, or he thinks they will win him reelection. i think sometimes that people are a little too hard on these rich people who run for office, think that when they get to office they're doing things that benefit their own personal pocketbooks. i don't think that's the case. >> could you comment briefly on what you consider to be the truth loopholes versus justified exclusion? >> well, every loophole is -- that's a great point. my loophole is your justified exclusion. my favorite is, there are two that come to mind. one is i really don't understand the social purpose in having a special de

it's clearly not the warren buffetts of the the world. >> it's you, it's you. >> it's families that live in california, that live in new york that make combined income, combined of $200,000 a year, who has maybe five kids, and need to put them through school, who are considered by this president and by people who want to raise taxes as greedy millionaires and billionaires. and that is the sort of hipocracy of the whole notion, the tax debate that we're having now. when you talk about tax, income taxes, you're not talking about raising on the super rich, you're talking about raising on people, on the coasts are-- >> are incredibly, incredibly middle class lives. >> adam? >> fine, charlie is changing the subject. remember, neil, what mitt romney was talking about was federal income tax, and of course, he was also talking about the lower-- >> talking about dependency, which is another big issue here. >> i understand, of course we would like to lower that 47% figure, everyone would like to lower it, neil, but we should remind people of two things, one, everybody pays into the treasury in one

returning to the top three spots are billionaires bill gates, warren buffett and larry ellison. charles and david koch of koch industries round out the top five. the 400 richest people on the list gained this year. net worth collectively was up by $1.7 trillion. billionaire mark zuckerberg retained a spot on the list; however, forbes notes that facebook's ceo lost the most on the list this year, about $8.1 billion to be exact. still to come, "finding nemo 3- d." what's with all the 3-d re- releases? is this a new profit niche for the studios? we'll talk about that in movies & money. first though, we love our technology, but you need to break those bad tech habits that cause you to waste so much time. how to search with a purpose - next. ove our technology. admit it, it's so addictive. all this stuff is supposed to improve life, but does it really? don't we really need to break this addiction to always be checking news sites, emails and texts? jennifer jolly is a highly recharged technology lifestyle expert. she's also one of the editors at tecca.com. what's the matter with us? >

investor warren buffett came in second, and larry ellison, ceo of oracle took third place. >>> global investors are seeking relative safety of yen denominated assets as european debt crisis continues. the balance of japanese government bond held overseas hit a new record high at the end of june. the bank offp japan, released holdings, over a trillion dollars. the highest ratio on record. domestic financial institutions are also buying more japanese government bonds. they account for 65% of the total outstanding balance. banks are looking for steady earnings as japanese firms show sluggish demand for loans. japan's trade balance for august showed a red for a second straight month. exports plunged due to a slow down in the global economy. finance ministry officials released a report saying the trade deficit was 9.6 billion. exports fell, 5.8% from a year earlier in yen terms. that figure marks the third straight monthly decline. it was mainly exports of ships and steel. imports meanwhile fell by 5.4% from a year earlier. looking in detail at exports, shipments to europe tumbled by almos

. >> will >> warren buffett has undergone 44 treatments of radiation and he feels strong. and at 82 years old he is feeling great to get back to work. >> this great look as we get a look at the bay bridge. as we are looking for the sunrise. with your full look of weather.. ♪ most paints have color that sits on the surface. but nothing beats benjamin moore's color lock technology that locks color right in, no matter how often you wash it. color lock technology. exclusively from your benjamin moore retailer. find your perfect color with a buy one, get one pint offer. visit benjaminmoore.com/promo. >> welcome back the elementary school in menlo park, a beach with elementary - beechwo theftod -- beechwood elementary school is now recovering in menlo park and. also, this is te one-year anniversary of occupy movement. >> alsoa retired san francisco reported missing after he train headed to chicago. charles j. dowd was traveling on a train from sept. 14, amtrak officials found his luggage, cell phone and medication but no believe it or not, there is housing news that is impacting

investor warren buffett is second on the magazine's list of richest americans with an estimated $46 billion. oracle co-founder came in third. >>> elmo inking a deal with microsoft. the "sesame street" crew is going interactive on the xbox 360k -- 360 kin effect system. >>> the space shuttle endeavour will be wheels up at dawn. it landed in houston wednesday ending the first stage of its cross-country flight. the shuttle of course is bolted to that specifically fitted 747 just like it was in the washington area. it circled around the airport several times before it landed. it's headed to los angeles where it will be retired and it will become an exhibit at the california science center. >>> comfortable chair at work can be a wonderful thing, but how much are you willing to pay for one? >> like more than a thousand dollars in some cases? how much should we pass along to taxpayers too if it's in a public office? scott broom has a front row seat. [ snoring ] >> reporter: okay, so i am faking sleeping on the job to dramatize this, a work chair with ergonomic everything. wheels to carry 400 pound

. >> warren buffett and from berkshire hathaway occasionally has let the cat out of the bag. the secretary proportionally pays more in taxes than he does. he also acknowledge that class warfare is being waged in the united states and his class is winning. it's just rather remarkable but i want you to talk about events in the eurozone in europe and how that is affecting the economic crisis here and your visit to an example perhaps, a successful example, for an alternative to the capitalist economic model in spain. >> first a word about warren buffett. there again i think the contradictory mess of all of this is a play. on the one hand, yes there have always been people like him on the side of the wealthy and the big corporations who have a clear understanding that it is certain point it becomes dangerous to keep going in that direction. we cannot keep having a smaller and smaller number of people doing really well in a sea of people that are having a harder and harder time. do it for a while, push it, but don't kill the goose that lays the golden egg in and. so there are alway

>> to hear people like warren buffett and eva longoria say i will pay new taxes, happy to do it is thedoesn't -- if she and warren buffett paid 100% taxes it wouldn't make any difference in the deficit. what we have got to do is put people back to work by encouraging small business to hire. that was the difference that i saw in their convention and the republican convention. you heard at the republican convention people who are really standing up for the middle-class. the people who can create an economy are the small business people and you heard story after story about them getting demoralized and dropping out because of obamacare and the fines with that and constant talk of new taxes and more regulation. what we need is to hire people and create more revenue. stuart: it your response to the jobs report this morning, president obama says it is a signal that the economy continues to recover. almost precisely what he said in a statement this morning. you are shaking your head. i said this is a very bad report to put it mildly. i think it is. >> of course it is. always for them how can

gates' net worth: $66 billion; he's followed by warren buffett with $46 billion. oracle's larry ellison, and the koch "koke" brothers who have interests in everything from oil refineries, to paper products make up the top five. the children of sam walton, wal- mart's founder, round out the top ten. susie, the walton's have a combined net worth of $100 billion. doesn't hurt that the share price is close to all-time highs. >> susan: you know, tom, some country's economies don't have that much, amazing that these are individuals. >> tom: truly is. that is "nightly business report" for this wednesday, september 19. have a great evening, you too, suzie. >> susie: goodnight tom, thanks for watching everyone, we'll see you online at: www.nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgbh.org >> join us anytime at nbr.com. there, you'll find full episodes of the program, complete show transcripts and all the market stats. also follows us on our facebook page abizrpt. and on twitter @bizrpt.

warren buffett would tell you it's time to run and hide. >> you want to be greedy when others are fearfuld fearful when others are greedy. it's that simple. >> it's so simple, but so difficult at the same time. the federal reserve announced it's holding interest rates at record lows. is there anywhere for you to put your money right now? matt mc call is president of pin financial group. should they get in right now? >> i think you want to get in right now. you take a look at what's going on in this market. you have the s&p 500 just off a five-year high. the nasdaq just last week hit the highest level in a decade. most investors are sitting on the sidelines. you want to get in now because the federal reserve came up with what we call qe3, their third quantitative easing. the stock market went up gang busters last time. up 80% since president obama took office. this time, they're throwing money at you. you have to be in the market to collect that money. >> that's what qe-3 is, quantitative easing. that's been helping a lot of different markets. so if you are a stock investor, a typical stoc

warren buffett is next, worth $46 billion, followed by larry ellison, the c.e.o. of oracle.ince last year, the 400 richest americans saw their wealth increase by 13%, and listen to this-- the net worth for these 400 americans is equivalent to 1/8 of the economy. a new report finds arsenic in rice but is there a health risk? that's next. ,,,, >> pelley: "consumer reports" is out with a study on the levels of arsenic in rice. the average american consumes about 26 pounds of rice each year, and so we asked dr. jon lapook whether we should be corporated. >> reporter: the authors of the "consumer report" studies say there is now enough evidence for the government to take action. urvashi rangan worked on the report. >> we think that a standard ought to be set for arsenic in rice, as well as arsenic in other foods that contain high levels. >> reporter: "consumer reports" tested a variety of rice and rice products and found very small amounts of arsenic. the government has not determined how much total arsenic intake is safe and the f.d.a. does not regulate the amount of arsenic in

according to forbes 400 the country's three richest men are bill gates warren buffett and larry ellisonett are also the most generous people on the planet and have given over $40 billion combined. some people just have to be first in line. a long gathering of techniques are camping out at the michigan avenue apple store awaiting the release of the new iphone 5. the new device could single- handedly had a half percentage point to the annual gross domestic product of the fourth quarter in the u.s.. a list of 36 at most demanded toys among the companies expected to make it the biggest splash, on the tax front are the wii u and the tabio, a tablet for kids. >> we have an interesting 70 forecast to show you temperatures expected to really drop this weekend 58 for the high temperature on saturday and notice we have storm's coming in the area friday that is the beginning of the weather change saturday in sunday's temperatures will work to 70 by monday as warmer air once again pushes into the area and then wednesday, more storms come in as another push to coal there is expected later next week.

mitt romney like warren buffett was talking about a lower rate to the reality.hese people are paying their fair share, it is not ordinary income and people have to realize that ordinary income is taxed at a higher rate than passive income. >> so working people out there do to follow mr. romney's lead? >> there are a number of things you can do to help out. for someone who is an ordinary earner, absolutely, they can take advantage of your willingness to part with money and use appreciated stock if you have that. there is always, i think, the great benefit of contributing to your retirement plan. some people might say you are converting what could be capital gains or dividends into ordinary income in the future. the reality is that deferral, for 20 or 30 years, it will outweigh the risks. they are likely to go to ordinary tax rates and let's not forget untempered at the income tax. ashley: there is so much uncertainty of what is coming down the pipe. >> you contribute to the 401k. >> this is something that an investor buys them a look at this throughout the year.

forcing them to pay a higher tax rate than members of the corporate elite like mitt romney and warren buffettnot only that those higher taxes paid by working people don't flow through the coffers of government to be reinvested to help the working class with better schools or social services or infrastructure instead that revenue goes straight to corporate treasuries in the form of bailouts on wall street tax subsidies the oil industries or giveaways to the for profit health insurance cartel for example the wall street bailout financed by taxpayers like you and me led to bankers getting paid more than one hundred fifty billion dollars in bonuses just in two thousand and nine while we the taxpayers lost twenty five percent of the value of our four a one k.'s that same year the richest four hundred americans increase their wealth by thirty billion dollars giving them more wealth from the bottom one hundred fifty five million americans combined as they grow up points out that alternate article had our taxpayer money been invested in job creation rather than passed out as wall street bailouts five

it was championed by warren buffett as well as bill gates.zen robbery in broad daylight, on camera will have that more for you later. we will be right back welcome back new information coming in. president obama will be meeting with an zines gucci. he spent 15 years under house arrest. their u.s. now has diplomatic... there are some breaks in the sky. : craig it was effective this morning but we are seeing breaks this morning. you can see some of that blue sky starting to creep up into the picture. the cloud cover breaking out no longer contending for it. clear conditions over in l.a. hothe late al points indicating where the '80s will appear. temperatures may be five to 10 degrees cooler than seasonal average as we take it san jose for instance. one of the most extreme cases coming in the '70s later this afternoon. we see the average at 82 degrees. it does not mean it's not going to be comfortable we will see that sunshine. 72 slated for sunnyvale. warm and in spots like fairfield and conklin will stay in the '70s. 66 expected in union city

. >>> and warren buffett said that he's completed his final radiation treatment for prostate cancer. he said that it's not life-threatening. >>> finally, wanted. a few good goats. chicago's o'hare airport. the area is outside of security fence. >> after i compare you so kindly to the male model. >> because you're an animal lover. america knows that, okay? >>> time now for the weather and over to ginger zee. >> oh, man. let's start right away in central washington. let's get into a town of wenatchee, everybody's going to school, covering themselves up. that will continue unfortunately this week. redding at 95. the northwest weather here with that big high is going to settle the air down unfortunately. next up, i want to show you a look at where the cool air is, in the center of the nation, a big push of cool air will come through. that's the big picture. let's get a check now a little closer to home. >> this weather report has been brought to you by cvs pharmacy. >> thank you ginger. >>> newly released video of a toddler in the hands of a 300-pound gorilla the story behind this astoni

warren buffett is the no. 2 spot larry ellison. now women are on the list this year including oprah. she came in at 151. for more, go to wjla.com. i was looking for your names. >> you could be reading for the next hundred years. >> every now and then i make a bold prediction. we will not see one more single raindrop for the entire rest of the summer. >> really? >> how about that. >> this is time lapse -- this is at the bethesda country club. we had some cloudiness this morning and this paradehigh and mid-level clouds went by. it is comfortable and humidity levels are down. the temperature is below average. the average height is 78. 67 in frederick right now. the dew point down at 41. the relative humidity levels are lower. the feel of fall in the air. 67 in centreville. lots of 60's, only a couple of areas in the 70's. 71 right now in annapolis and widening the temperatures. cool to the northeast. partly cloudy skies and 52 degrees. everyone else in the 60's. drier air is a theme as high pressure builds in behind yesterday's gusty

he is worth $66 billion followed by warren buffett, larry ellison, charles and david cope to run an energy and chemicals conglomerate are tied for fourth and people in the social media industry did not fare so well. mark zuckerberg ceo of facebook fell from 14th to 36 place but he is still in pretty good shape. california had the biggest decreases as the number of new jobless claims dropped slightly >> to silicon valley companies, let's check in with jason brooks >> some good news on the local front when it comes to the jobs market. samsung says it will build two new facilities at its current location in mountain view. that could add about 1500 new employees. another 2600 employees could be added that new spaces in sunnyvale. that is good news because the overall job market is not looking back great. the labor department reports that first-time claims were down but still elevated. the four week average increase for the fifth straight week at a three month high. the market is live moving lower on manufacturing news. >> a new report shows thousands of kidney donations are being tossed withou

. >> now, that's where warren buffett comes from, right? >> that's right. t a lot of great things here, and warren is one of them. >> we might be able to get him to come by and say hi. >> we're so excited to watch you, don't forget to vote. don't forget to vote. >> that's right, thanks you guys, thanks so much! now get to class, your parents are paying a lot of money for your education. >> thanks. all right, get ready to bundle up, we've got you covered with the latest in fall coat fashion. >> and the winner is your emmy party. >> really? >> yes, we are going to show you how to dazzle your guests while they watch the stars on sunday. >> and who knows how to get that party started? pink will perform a single here after your local news. >> what a show. ♪ i dare you to dare me what's today's dare? erase the damage of 100 blow-drys [ female announcer ] with daily moisture renewal from pantene. the pro-v system nourishes to lock in moisture erasing the damage of 100 blow drys for a silky, soft touch. think only salon brands can do that? i took the dare...will you