Transcripts For KTVU Mornings On 2 20120518 : vimarsana.com

KTVU Mornings On 2 May 18, 2012



opening bell. >> mornings on two starts right now. good morning to you. >> it is friday, may 18th. topping the news this morning, facebook going public, trading of its shares won't begin for at least an hour, due in part to nasdaq rules for ipos, but they're already celebrating at facebook headquarters. news chopper 2 flew over a packed facebook campus a half hour ago when mark zuckerberg is remotely rang the opening bell. it's the richest ipo in tech history. >> reporter: that's right. the first day of public trading, the company is expected to be value at more than a hundred billion dollars. certainly an historic ipo. no one from facebook so far speaking to us folks if the media this morning, but we know there is a ton of activity here and a lot of employees. we're on hand this morning as facebook officially went public. there was the moment as ceo mark zuckerberg rang nasdaq's opening bell remote through here at facebook headquarters. many of these employees have been on hand since last night. they were here for what's called a hack-a-thon at headquarters, where employees are free to work at whatever projects they want to work on. we'll show you the scene has changed significantly from a half hour ago, where you had a huge number of people in that courtyard area. presumably they're inside celebrating at this point. this will make instant millionaires of about a thousand facebook employees. $38 is the price per share. we'll have to see which way it moves here. we'll be here at headquarters throughout the morning. >> thank you, alex. we'll have continuing coverage of the ipo all morning 0, and let you know what happens when the stocks start trading. it's going to be trading on news -- nasdaq under the symbol fb. police in the bay releasing new information about this week's fatal hit-and-run on daugherty road late tuesday night. the cyclist was a visitor from china. a 2012 mercedes benz is the car suspected in the event. also a new report out, blasting a small state police force for loading up on overtime on taxpayers money. the office of protect everyone services protecting state run mental health facilities including some here in the bay area. an investigation reveals the agency paid about $2 million in overtime to 80 of its officers last year alone. that includes hundreds of extra hours to patrol the formerring a new developmentle center in san jose months after that facility closed down. the city of san jose plans to start cleaning up some of the city's home'sstlessle camps. three sites will be targeted including one on communications hill at the end of the month. two others will be cleaned up in june. san jose city leaders are agreed to take action after hearing from angry community members at meetings this week. the santa clara valley water district and the conservation corps will team up with the city for those clean yips. pg & e crews are trying to restore power to hundreds of customers in novato. strong winds may have toppled the lines. here are live pictures from the scene. a spokesman tells us 560 customers are still affected. their service should be restored around 8:30 or 9:00 this morning. at the height of the outage, 7,000 customers were affected. a two-year-old child has been hospitalized with a suspected case of a potentially deadly blood infection. the child from the willis area may have a string that affects the bloodstream and attacks organs, and caused by the same virus that causes meningitis. about 60 people thought to have had contact with the child are being treated. the same disease coupled a three-year-old in february. parents being warned of the consequences if their children cut class. parents of students at deer valley lie school who often miss class will be subpoenaed to attend a meeting. this week administrators met with parents and students at an tee i don't care high school. the parents were told if students continue to mission class, the next school year the parents could be taken to court, fined up to $2,000, and possibly even spend a year in jail. students can also be fined, as well as lose privileges like their driver's license. new legislation has been introduced to change the university of california's out of state student policy. u.c. already caps out of state enrealment to 10% throughout the system, but uc berkeley and ucla are over the limit. the new legislation, out of state enrollment would be limited to 10% out all u.c. campuses. however, admissions are already set by the university, not the legislature. muni wide row riders can get everything they need in just one step now. an app for android and iphones is being offered called muni plus. it will let riders know when the bus stop will arrive, and let them check the balance of their clipper cards, and locate bus stops. other apps have had some of those features, but this is the first time uni users can get all of that information is just one app. sal is off today. tara is here. you've been busy, and two accident on the peninsula? >> yes, two injury accidents. the first at san francisco. -- san mateo, and further up in san francisco, a car crash into the guardrail. at the bridge toll plaza, the normal backup. that's the good news. those metering lights went on pretty late this morning, and not too bad of a delay into san francisco. finally a look at highway 24 through lafayette. you can see a slowdown there, but overall off to a pretty good start this friday morning. 7:08. let's check in with steve. >> mostly clear skies. but the fog forms really fast even under less than ideal joins do think it will be back sunday for the beta breakers, and i would have a back plan for viewing of the eclipse. but it's mostly clear this morning. the big news this morning is it's clear, but also really cool. i did find a 38 up in lower lake, in lake county, so there were some cooler readings, and a lot of low 40s to mid-40s, but weir starting to warm up right now. cool numbers. 58 to 72 by noon, and then 60 to 80, and some upper 70s here. the coolest areas were around 42. the napa airport was 42. they're now 47. temperatures slow to recover. it will not be as windy today as yesterday. boy, that was just crazy, but today still a westerly breeze. not too strong, but it's still there. a beautiful weekend, but looks like the fog will be creeping back. a few high clouds if the north bay today, but no big deal. temperatures starting to come back up, but, again, the 80s are pretty far inland. so 60s, 70s, and a little of that patchy fog, but much, much better than we we had along the coast this week where it was just cold and gray. things will be a little better today. still, breezy, but nothing like yesterday. sunday, i think the fog starts to come back, and another cool down on tap for monday. miss morning president obama meets at the white house with the new president of france, all ahead of two international summits this weekend. later today president obama will host a g-8 summit at camp david. it will continue right into tomorrow, and then most of the leaders fly to chicago for chicago for a nato -- fly to chicago for a nato meeting. protesters now gathered in chicago ahead of the nato summit. this group staged a demonstration outside the canadian consulate against the keystone pipeline project. and, look, they covered themselves in chocolate, representing the oil. many chicago business owners are boarding up their store fronts as a precaution. it is 7:11. on the hot seat, when j.p. morgan chase's ceo could face members of congress. plus more gunfire heard at the scene of a double homicide investigation. and a trip to a fast-food restaurant one student will never forget. the stomach-turning item he found inside his roast beef sandwich. i'm a native californian. times are tough. our state's going through a tough time. but we can fix it. ♪ chevron's been here in california for 133 years. we work hard. we support 1 in 200 jobs in the state. we support each other. 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[ male announcer ] the all-new subaru impreza. experience love that lasts. ♪ it is 7:14. video captured the horror of back-to-back shootings in kentucky. police arrived in a louisville neighborhood yesterday afternoon to investigate gunfire that killed two people and injured two others, and then another person was shot and killed while officers were still on the scene talking to witnesses. the second round of gunfire had many people running for cover. >> it's not conducive to real life. what i see is not responsible living. >> police held a news conference just a short time ago, and they now believe the two shootings are connected. a memorial service will be held later this morning for a hayward police officer killed in a motorcycle accident. 46-year-old rodney pierce was ejected from his bike after hitting a deer on may 7th. he day died from his injuries four days later. this morning's service starts at 11:00 a.m. he was active in the community, including teaching youth baseball. the is survived by his wife and four children. world leaders will sleep tonight in rustic cabins at camp david, as president obama hosts the g-8 summit this weekend, but first he is get something bad news from the new president of france at the white house this morning. allison? >> reporter: let's get to a live look at dulles international airport. this is the arrival of the french group. the new president of france is expected to say he and s expecting to pull 3300 french troops out of afghanistan at the end of this year, two years earlier than planned. it is not the best start as the leaders of the world's 8 largest economies meet at camp david. they are also focusing on the growing fear that greece could leave the euro zone block, threatening the future of europe's currency. the advisor to the president said he is wanting to make sure there is good guy dye log at the summit. >> we want it to be an intimate setting, and the president holds it at camp david for this reason. >> reporter: we'll take a closer look at the impact of france's withdrawal plans in about an hour in my next report. nato now reporting that rockets crashed into an american base, and also into a house in northeast afghanistan today, killing two nato service members and three civilians. right now we don't know the nationallalties of the troops who were killed. we don't even have any other details. so far this year 154 nato service members have been killed in that war, at least 100 of them were americans. well, california's two u.s. senators now demanding answers after last week's scathing report on oakland's veteran affairs office. they called the current situation unacceptable. the oakland va office handles claims for all of 0 northern california's returning soldiers. the report found that it took almost a year to process their disability claims. jamie dimon has grade to testify before congress over the recent $2 billion trading loss for jp morgan chase. the chairman of that committee said that it will be a set of hearings to implement wall street reforms. a teenager in michigan got a big surprise when he stopped off at ashy's for a quick meal. he found part of a finger inside his roast beef sandwich. arby's said a female working did cut her finger on a meat slicer and somehow it got into the teenagers male. arby's has apologized and promised a full investigation. >> it's one of the things that we've got to do some more research and is investigation on exactly how that happened. >> the michigan health department has few allowed the restaurant to reopen after talking to workers and conducting an inspection. you might remember a similar story here the bay area several years ago. this woman claimed she found a finger in her chile at a wendy's restaurant in san jose. she later went to prison after police learned her story was a hoax. bart police trying to track down the family of a home's man who is at the center ore of tragic mystery. samwide was found un-- sam wide was found unconscious and bleeding at a bart station. he died due to complications from critical head and brain injuries. we still still don't know if he fell or was the victim of a violent crime. he was six feet tall, about 200 pounds, had brown hair, hazel eyes. family members or witnesses who have any information should call bart police right away. a local beautification group is suing san francisco over the lawsuit the city settled with an outdoor advertising company. now, the settlement required metro fuel to remove 84 illegal panel signs. but it all allowed them to remove bigger legal billboards and replace them with more panel signs on walls across the city. san francisco beautiful is claiming that that settlement violates proposition g, which bans new billboards in the city. however, city officials say the settlement was a smart move, because metro fuel was trying to overturn proposition g. >> it is 7:20. are we in for more cool tells? up next, steve will tell us if it's expected to warm up for the weekend. >> also, the race to protect an historic california town against wildfires. what those firefighters are up against today. traffic is looking good. we do have some accidents in the rebound -- east bay to tell you about. a growing wildfire near fort collins, colorado. the evacuees have been allowed back home, but are being told to be ready to leave again at a moment's notice. fire officials believe a human started this fire, but they're still investigating. meantime, the entire community of crown king, arizona, has also been evacuated because of wildfire threats. this fire has already destroyed three homes and a trail in his historic mining town. firefighters are focusing their efforts on protect something of the other structures, but it's very windy out there, and that's what they're up against. the forest service is battling two other wildfires burning in arizona right now. >> i just read a report out there predicting it will be a warmer than normal summer for most of the bay area, and that's not good news for firefighters. all right. let's check in on traffic. >> we have an accident and a traffic hazard. we start in hayward, 880 southbound at whipple road. a three-car crash here, minor injuries. that is the good news, but also have an accident at castro county east boulevard. chp is en route. and near the oakland coliseum at 880. you can see it's a lot busier out there on the roadways, but no delays to speak of. there are some other issues in the subaru -- south pay, we'll get to those in our next hit. here is steve. >> a little fog, but overall much better conditions than we've had for much of this week. sunshine, but really cool this morning. a lot of 40s. we're starting to warm up now. doesn't take long once you get to this time of year. a few high clouds might filter in. no big deal. that won't stop us. 40s and 50s. a cool start across the board. coast bay inland today. there's still a component of a westerly breeze for most. temperatures today will warm up. not a lot, though, this is a weak high pressure system building in, and it's going to get replaced rapidly on monday by another system coming in. fog forms really fast. you look for little trends here in may, and i've noticed that, temperatures really cool. i would plan on some fog being in the vinty, so go inland, if you must, for the eclipse viewing. 60s and 70s today, or very low 80s. temperatures will continue to settlele in on saturday, and i think they'll level off on sunday. cooldown starts for everyone on monday. >> all right, steve. time now 7:26. we're covering our team coverage of this big day for facebook. and our own pam cook used to work on the trading floor in san francisco. when we come back, she'll give us insight on how an ipo works. >> and a kidly crash in berkeley. we'll have an update. and a surprising discovery under a bay area hospital. find out what's happening today. ♪ strea-ea-ea-ea-eam ♪ stream, stream, stream... ♪ strea-ea-ea-ea-eam ♪ stream, stream, stream... ♪ when i want you... ♪ ...in my arms... ♪ when i want you... ♪ ...and all your charms... ♪ whenever i want you, all i have to do is... ♪ [ female announcer ] introducing xfinity streampix. stream your favorite movies and full seasons of shows instantly on any screen. find out more online. real big deals of the week. or how to get great prices on things you need. we know you look around for the best deals. that's why we give you real big club card deals each week. right now, arrowhead water is just $3.33 a case. heinz ketchup is only $1.79. that's for the party size. real big deals this week and every week. only at safeway. get the new safeway app. it's free. and the easiest way to get the most savings. it's 7:29. the big news is facebook going public. pam cook joins us. >> i worked on the trading floor of montgomery securities during a very busy ipo market, and let me tell you, it is very exciting, and it certainly was exciting this morning. we watched mark zuckerberg ring that opening bell live remote through from the menlo park headquarters. quite a crowd out there. it does take a while for the stock to start trading on the nasdaq and the new york stock exchange as well, but particular lip the nasdaq. -- particularly the nasdaq. part of it, also, giving some undivided attention to the end when it starts trading. it's quite a coup for the nasdaq to get facebook. zinga and groupon, and angie's list have also recently been traded on nasdaq. >> it will be up from $38. where it closes, probably somewhere in the middle there, and then all bets are off, because the excitement will die down. >> reporter: or will it? the excitement may not die down right away. a lot of people comparing facebook to google's ipo. google priced at $85 when it went public. it went straight up to $100 a share. now we know google more than $600 a share. at facebook headquarter this morning. it's certainly a beautiful day for ut's bono -- u2's bono. he is now the richest man in music. his total shares are now worth $1.5 billion. he beats out sir paul mccartney, the richest musician, who is worth about a billion dollars. so will the hype die down? right now retail demand for facebook, the highest every for any ipo. people want to be a part of it. certainly people are addicted to using zuckerberg. mark zuckerberg now has to figure out a way for the site to continue to make money. facebook also owns instagram, also wildly popular. back to david and tory. we invite you to check out the facebook tab at ktvu.com. we have posted many items there. there are new reports that hewlett-packard is planning to eliminate tens of thousands of jobs. they are trying to cope with declining demand for its computers and services. the cuts could mean as many as 30,000 hp workers around the world would be out of work. that's 10% of the company's global work force. ceo meg whitman is not meaning now, but is expected to say something next week. hp's stock is down about 1% right now, i just checked. new information about an overnight crash in berkeley. investigators are say a driver slammed into a tree on california stream a couple of hours ago, and one person was killed. lorraine has been out there since 4:30, and just talked to the authorities about two people who survived this. lorraine? >> reporter: yes, dave. police just told us that both the child and the male drivers are suffering from potential life-threatening injuries this morning. the car is registered in don'ten, cal

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