tv NBC Bay Area News at 5 NBC May 14, 2012 5:00pm-5:30pm PDT
been living beyond its means. >> governor jerry brown says the state financial picture is ugly. what he projected to be a $9 billion shortfall has nearly doubled to a whopping $15.7 million budget hole. >> this has to be a day of reckoning. we've got to take the medicine. >> state workers are reeling. brown is proposing a 5% cut in their pay that could result in state offices closing one day a week. and under brown's plan, cal works will also take a huge hit. brown proposing slashing nearly $1 million on the state welfare program. that's got these moms worried. >> i'm worried how i'm going to support my family now. where am i going to get the
income? >> reporter: and the governor warns that if it does not pass this november, another series of budget cuts will kick in. $6.1 billion will be cut from state schools. in oakland, i'm jodi hernandez, nbc bay area news. what do we want? when do we want it? >> now. >> teachers association is discussing stalled contract talks. after 21 negotiating sessions, talks remain at a standstill. the sticking point is health care costs which hold even more importance following the governor's plea for more cuts today. >> we are asking for fair compensation in benefits since our benefits are approximately 40% cut in the last two years or
so. >> reporter: the teachers claim the k through 8 district have enough reserve to give them the first raise in five years. new at 5:00, yahoo!'s tainted ceo will leave the company without a severance package. scott thompson says that he is stepping down amid a resume scandal. yahoo! indicated it is not paying thompson a severance package for his four months of work. the company wants him to surrender stock worth $6 million. he will be able to keep $5 million in stock. wall street apparently liked the news of his resignation. the stock is up 31 cents per share to end the day at $13.50. we are getting closer to the ipo social offering in the silicon valley that we haven't seen in quite some time. it's not just facebook.
there's another local startup led by a college dropout. scott, you've done it for you us. you've found the next big thing. >> well, this company is on fire. the whole silicon valley is doing well thanks to companies like facebook. the tech industry has been hiring rapidly doing big business and still, like this company, you're about to see having a good time. >> sure, facebook is getting all of the attention these days but don't sleep on box. even though the headquarters look really comfortable, this is a company with a huge success curve riding the cloud computing growth to lots of hiring. >> it's a very big market. the technology seems to be disruptive. >> reporter: but the ceo talked to us about how taking time before going public, like facebook did, will help his company succeed in a $290 billion market. >> build much stronger organization models and make sure the product is more
embedded. for facebook to have over 900 million users and finally go public is very, very different than it was 10, 15 years ago. >> reporter: but like the good old days, box has its perk. a game room, good food, and the gigantic yellow slide. even though the business has caught the attention, this company still knows how to have fun. fun and big sales, proving that social networking isn't the only game in town. as for its own ipo, box has not made any specific plans yet but will not be in 2012 which will give them time to grow the business. >> mark zuckerberg's 28th birthday today. throughout the week, we'll be combining the power of cnbc with the sources of nbc to cover the facebook angle from every sane
gel. we have five reporters covering the bay area. america's largest bank is taking action after the sudden loss of more than $2 billion. jpmorgan chase announced the fourth retirement of its top investment chief today following bad trading bets. total losses could amount to $3 billion. it's raising fears that tighter banking regulations pushed by president obama did not go far enough. lawmakers are asking if regulations should be even tighter. experts say there's no question. >> we have to separate these kinds of high risk activities from the commercial side of banking. we cannot spread the federal safety net over to high-risk trading. >> the senate is now scheduling hearings on the jpmorgan loss to see if big banks are skirting new rules. assembly man jerry hill could change the way pg&e executives are paid out in bonuses. hill made the announcement in
san francisco. the legislation would require pg&e's director and executive officers to return the difference between the bonuses they received and fines the utility had to pay for for violations under their management. this all stems from the deadly san bruno explosion in 2010 which resulted in $50 million in fines. the ceo retired with a $39 billion bonus. >> we cannot change the past. but these reforms will better align the incentives of corporate management with their customers and with their shareholders. >> meanwhile, what's happening in san bruno, the community continues to slowly heal from that devastating explosion. a neighborhood celebrating that neighborhood -- that neighborhood is celebrating tonight for those homeowners who have decided to rebuild their
homes. an agricultural research site in albany. police dressed in riot gear moved in and cleared out the campers. nine people were arrested and could be charged with misdemeanor fines. officials want to see any pictures or video taking during the demonstration on may 1st. the protests spurred a wave of incidents, including the burning of a police car. owe figures say the evidence will help identify vandals and hold them accountable in court. the city also hopes to recover money for the damage to spare taxpayers the cost. still ahead here at 5:00, prescribing drugs to addicts. new charges for a south bay doctor. also -- >> got allergies? they may put you at a higher risk for developing eye infections. i'll show you coming up. plus, another controversy. this time it's a magazine
calling the president gay. it's a different kind of rush hour this morning. take a look. the tour of california rolling through the bay area. where they are headed next. and good afternoon, i'm jeff ranieri in the nbc bay area weather center. we're tracking clouds and showers and thunderstorm activity to the north. we'll let you know what our chances are of seeing any of that tonight. plus, details on a warming tuesday and how hot that sen day llda get in a few minutes. ♪ [ male announcer ] for our families... our neighbors... and our communities... america's beverage companies have created a wide range of new choices. developing smaller portion sizes and more low- & no-calorie beverages... adding clear calorie labels
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first gay president. the issue features a picture of president obama with a rainbow halo. the openly gay political blogger published the article. he wrote that the president's support of gay marriage brought him to tears. this is after "time" magazine's cover featuring a mother breast feeding her toddler. meanwhile, evan was join by president obama at a private female school. >> after decades of slow, steady extraordinary progress, you are now poised to make this the century where women shape not only their own destiny but the destiny of this nation and of this world. >> president obama attended one of two high-profile fund-raisers while in new york, including one hosted by actor and singer ricky
martin who praised mr. obama for a recent shift on gay marriage. >> a doctor on the offensive. she's accused of operating a pill mill out of her office in los gatos. investigators say the 59-year-old prescribed large quantities of powerful prescription drugs to undercover officers without performing examinations or reviewing medical records. she also faces charges for knowingly prescribing drugs to addicts. several patients were accused of reselling those prescriptions. the warriors to cross the bay and return to the city, a letter signed by all 11 city supervisors asked the team to consider moving to san francisco and builtingding a new waterfro arena. we believe the waterfront, in particular, offers a spectacular opportunity for a state-of-the-art sports and
entertainment facility that would be ideal for the fans and the entire region. the warriors are exploring a move. their current arena is the oldest building in the area. the proposed new arena would likely be built on piers 30 to 31. the second day of the amgen tour of california made its way to the spectacular coastline. fans were able to mingle with the riders and then after 11:00 a.m. the fans rode out through the arena and the race took them through half moon bay where fans were waiting to catch a glimpse. while cycling is a huge following in europe, fans say it's growing in the u.s. >> it's huge over there compared to over here and it's a lot of fun and hopefully it will get bigger and bigger. >> today's 117-mile race ended in santa cruz just after 4:00
this afternoon. peter was the winner for the second day in a row. tomorrow ends in livermore. itchy eyes and runny nose, if that wasn't enough for seasonal allergy, a lot of people are paying close attention. >> we're talking about an increased risk of eye infections. optometrists say they are seeing a spike in people coming in with bacterial infections linked to extremely dry eyes and they say loading up on allergy medications is a big part of the problem. >> how are you doing today? >> good. >> how are your eyes feeling? >> quite a bit better. >> an engineer logs a lot of hours in front of the computer but that's been a challenge. >> i ended up with an infection and found out that my eyes are just really dry and i'm ignoring
it. >> this optometrist says the anti-histamines were drying his eyes and the contacts were rubbing against his already dry eye. >> it's causing a sand paper effect. when that happens, if people are not good with cleaning their lens or hands, a little bit of bacteria allows it to go into the eye and creates an eye infection. >> in the last few weeks, she's seen a 20% increase of people coming in with eye infections relating to dry eyes because of taking allergy medication. >> if they are not treated immediately, you can go blind. >> if you take allergy medication, the doctor says you can minimize your risk of infection by limiting your contact lens use, using artificial tears and drink plenty of water. he still suffers from allergies so he tries to perfect a
balancing act, taking anti-histamines when he really needs them and protecting his eyes. >> switch to one day lens so you have fresh contacts every day and that minute midss your risk of having an infection with your eye. >> mangs, marianne. firefighters have been fighting fires and one is forcing evacuations near phoenix. hot temperatures and dry vegetation increases the fire risk this summer. let's bring in jeff ranieri and this is what we call a bl m gloomy monday. let's . >> yes, we have rain in redding and chico and it looks like
we'll stay dry from that rainfall in northern california. it's about that onshore flow. down to san mateo and comfortable in the south bay with 70 and a mix of sun and clouds with also 70 in livermore. and haze in downtown save with the onshore flow starting to return the winds westerly and very brisk as numbers drop off very quickly at our coastal locations. coming back to our weather headlines, patchy fog throughout the morning and clouds filtering in inland. we'll get warming in here by the afternoon and i really think the seven-day forecast is going to be one that you'll like. it's going to keep it somewhat in between. high pressure sitting offshore. if that was over california, we'd be talking about temperatures in the 80s and 90s
. with it sitting out in the pacific, it will be strong here as we head throughout tuesday morning. by wednesday it will start to weaken and that will allow 80-degree temperature to come back in. here is the good news. remember that air quality this time three days ago? the sea breeze was coming in and temperatures were dropping. we're now in the good category here from the north bay all the way down to the south way. allergies have also improved. 46 in santa rosa and 47 in santa cruz and low 50s from san jose through the valley. daytime highs on tuesday topping out slightly warmer, anywhere from 3 to 6 degrees warmer. 77 in morgan hill and 76 in los gatos. what we do expect is 81 in antioch and 80 in concord. close to 80 in walnut creek. 77 in pleasanton.
san francisco, it will still stay cool. at the coastline, it's not beach weather. conditions in the mid-60s. on the three-day forecast, you'll find numbers warming up here with low to mid-80s by wednesday. then we get the onshore flow returning a weaker system off to the north. that keeps temperatures on the cooler side. fog and drizzle and then by friday we start the gradual warmup. saturday and sunday, low to mid-80s and by monday, temperatures close to 80. no big rain storms coming our way. we like to call that goldilocks weather. making a decent amount of us happy as well. >> goldilocks weather? >> i like it. >> thank you, jeff. >> sure. a new website is blowing the whistle on customers behaving badly. it's called biz beware. it keeps track of chronic
complainers. once businesses are members of the site, they are allowed to view the company's database which is the most valued features is getting customers to pay up by threatening to put them on this website. still to come at 5:00, why tomorrow a statewide deadline for teachers could be less painful than usual. and keeping up with the stork. how reality tv could be influencing baby names.
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appears the process will be less drastic than last year. they issued notices to teachers not being retired for notices sent out in march. they are seeing fewer notices. it doesn't mean the cuts are not being made, it just means that job loss retirement and illness is not being filled. this is welcome news for travelers. the nation's largest airlines has been getting passengers to their destinations on time at a record date. data showed that the trend took place for the first three months of this year. the top 15 carriers were on time 84% of the time. it was the best on time air travel performance of any first quarter since the department started collecting data in 1995. analysts credit the trend to
mild weather and fewer flights because of airlines trimming to meet travel demands. okay. the most popular baby names when we come back. stay with us. - ( music playing ) - we know technology can make you more connected. but now it can make you more connected to your doctor through e-mail. test results from home.
have you seen this yet? new toll lays in the south bay are paying off. these new express lanes around 237 and 880 interchange in milpitas are more popular than predicted. over a one-week period, more than 9,000 drivers paid to use these toll lanes. back in march, a four-mile stretch of car pool lanes were converted into express lanes. depending on con gegs and time
of day, it can cost as much as $30 to use the toll lanes. it appears that reality tv may have an influence on baby names. the most popular name is jacob followed by mason, kourtney kardashian's son's name. william, jayden and noah. and the name michael came in sixth. that's the lowest rank for michael since 1948. and for girls, sophia, and then isabella, emma, olivia, and ava. >> i don't see janelle on that list. >> i'm way down on the list. >> thanks for joining us at 5:00. nightly news is next. >> see you soon.