tv KPIX 5 Noon News CBS January 15, 2016 12:00pm-12:31pm PST
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you can see the dow is down about 364 points. at its lowest today it was down 536 points. it's part of a wild week on wall street. monday and tuesday it was up but midweek a huge sell-off down 3 4. there was some recovery yesterday with a more than 200 point gain but now we are back in the red in a big way. and kcbs radio's financial reporter jason brooks joins us now. jason, what's causing such a steep drop. >> reporter: frank and michelle, it's not pretty. it's not easy to look at our retirement accounts now. the dow and nasdaq each on pace for the worst month since the financial crisis back in 2008. two main concerns for investors right now. china and oil. we have seen china's economy continue to slow over the past year. the shanghai exchange has been pummeled as a result. it's now 20% lower than its high last summer.
that so figuresly puts it into -- that officially puts it into bear territory and there are nears beijing isn't letting on how bad their economy is doing. in a number of moves to pump up the stock market, it has failed to materialize. the price of oil closed below $30 today for the first time since november 2003. that's great for us as we pay for gas. but for the energy industry it's bad news. stocks are falling for companies like chevron and job cuts have been heavy. according to analysts out there, we have lost about 250,000 jobs in the energy sector over the past year due to low oil prices. >> jason, what about the u.s. economy? what role is that playing in all of this? >> the u.s. economy has been doing fairly well. we have seen that with strong job growth. however, one worrisome sign for investors at least today is that retail sales in december fell by 1/10 of a percent. typically december is when most retailers do a lot of their
heavy lifting during the holidays. but consumers are being a little tighter with their money saving a bit more and plus, you have the millennials who are not spending money on the same things that older generations have done. instead, spending more money on experiences and that's certainly impacting the economy and as a result the stock market. >> thank you, jason brooks from kcbs news. two bay area walmart stores are among hundreds the retailer is closing in a bid to cut costs. the oakland store will shut sunday and a store in san jose closes at the end of the month. the chain plans to close 269 stores worldwide about half of them in the u.s. the closures will affect 16,000 workers. chipotle has been fighting an uphill battle since a string of food poisoning outbreaks and now they are fighting back. kpix 5's anne makovec is live in san francisco with the latest on how they plan on regaining the public trust. >> reporter: it is the lunchtime rush or had it should
be here at this chipotle near union square, but not much of a line inside. still, there are some customers willing to take a chance on chipotle. >> i honestly love chipotle. >> reporter: but fans of the fast food mexican joint will have to live without for a few hours on february 8. the chain is shutting down almost 2,000 locations to hold a companywide meeting on food safety. >> you can train people but they will still -- it really depends on the individual. >> reporter: more than 350 people have gotten sick after eating at chipotle since october. the chain has been linked to outbreaks of both e. coli and norovirus. the company has yet to confirm the cause. >> what are the qualifications that anything else is going to come out of that organization is going to be safe? >> reporter: chipotle has seen its stock price tank losing nearly a third of its value but the ceo says their new policies will quote put us 10 to 15 years ahead of industry norms
and i believe this will be the safest restaurant to eat at. though many people are staying away. >> i certainly would not go. >> reporter: others are willing to give them a second chance. >> it might just be one good weekend with a couple of drinks and next thing you know, i would be at chipotle. >> reporter: you never know what happens in that circumstance. they are trying to win back customers who may have lost their appetites. live in san francisco, anne makovec, kpix 5. today in the south bay a bicyclist dies after getting hit by a truck. kpix 5's kiet do reports it wasn't the initial hit that killed him. >> reporter: a grim scene in the early-morning hours in downtown san jose. on santa clara street at delmas avenue a driver hit a man on a bike and left him for dead. >> the suspect vehicle the white truck veered -- opposing lanes of traffic hopped up on the sidewalk potentially either hitting or clipping the individual who is riding a
bicycle. >> reporter: the victim was knocked off his bike but didn't actually go down. then get this. witnesses say the driver put the truck in reverse backed up hit the man again and then ran him over. >> we think when the suspect vehicle went to flee the scene he put it in reverse and then ran over the victim one more time. so it isn't an intentional act. we don't know if he was doing that to cause harm or just fleeing the scene. >> reporter: the victim is a 60- year-old homeless man. they are look for a white chevy pickup with items in the bed of the truck and damage on the driver's side panel. in san jose, kiet do, kpix 5. even though the raiders aren't going to l.a. their future is uncertainty. the coliseum authority will hold a closed-door meeting to discuss a one-year lease extension for next season. money disputes and the deteriorating coliseum has the owner mark davis worried to
keep the team in oakland. the lawmakers hope the raiders will stay loyal to their fans. >> my pressures is for them to stay -- my preference for them is to stay in oakland. >> we have before us a moment of opportunity and it's up to us to work together both with the sports teams and with the community stakeholders to really develop a strong plan for the coliseum. >> so if the raiders leave next season they would have to file a completely new relocation application. they would also need league approval. 12 people are missing after two military helicopters collided midair near hawaii. it happened off the north shore of oahu. the two choppers were taking part in a nighttime training mission when something went wrong. according to the coast guard, search-and-rescue efforts are challenging because of the high surf. 40-foot waves broke all along the debris field. >> around 11:30 i heard the big explosion, boom! but it was a little different.
and, um, then i heard another one shortly after. it kind of spontaneous boom! and then another boom! >> rescue crews say they found a liferaft floating in the wreckage but no one was on board. actor sean penn breaking his silence about his rolling stone interview with wanted druglord "el chapo." he spoke with charlie rose for sunday's edition of "60 minutes" and kenneth craig has a preview. >> there is this myth about the visit that we made. >> reporter: sean penn tells charlie rose that he does not believe his october interview with joaquin "el chapo" guzman led to the druglord's capture last week. >> so as far as now, you had nothing to do -- and your visit had nothing to do with his recapture? >> the mexican government they were clearly very humiliated by the notion that someone found him before they did. well, nobody found him before they did. we didn't -- we're not smarter
than the dea or the mexican intelligence. we had a contact upon which we were able to facilitate an invitation. >> reporter: guzman escaped one of mexico's maximum security prisons last july by crawling through a hole in a shower and then a mile-long tunnel 30 feet underground. guzman is believed to be responsible for as many as 34,000 deaths. officials say his sinaloa cartel is the number one supplier of heroin, cocaine and marijuana to the u.s. >> do you believe that the mexican government released this in part because they wanted to see you blamed and to put you at risk? >> yes. >> they wanted to encourage the cartel to put you in their crosshairs? >> yes. >> are you fearful for your life? >> no. >> reporter: penn says the focus on his meeting with guzman and his recapture means that the article which was supposed to bring attention to
the war on drugs has failed. kenneth craig, cbs news, new york. >> you can see the entire interview with sean penn sunday night at 7:00 on "60 minutes." republican candidates are hitting the campaign trail after the latest debate. >> reporter: back campaigning friday morning fresh off what many are calling his best debate performance yet. >> i have won every poll in every debate but the pundits sometimes don't go along with the polls. now the pundits are sort of getting it. >> reporter: trump spent most of thursday night fox business debate taking on rival ted cruz and argued that texas senator isn't eligible to run for the presidency because he was born in canada. >> there are other attorneys that feel and very, very fine constitutional attorneys that feel that because he was not born on the land, he cannot run for office. >> reporter: cruz struck back at trump's values. >> the values in new york city
are socially liberal, pro- abortion or pro gay marriage, focus around money and the media. >> reporter: this is the first time cruz and trump have openly attacked each other in a debate. >> it's such a shame when friendships go bad. >> reporter: cbs news political director john dickerson says cruz's new york values statement was aimed at one influential group of voters. >> he is talking the evangelicals voting in iowa panned saying he is not one of you. and, um, that's quite effective to sow those seeds of doubt. >> i know you have a lot of good choices but no one running for president feels more passionate about the american dream than i do. >> reporter: florida senator marco rubio is hoping to capitalize on his performance with five rallies in new hampshire. craig boswell, cbs news, washington. >> as for the democratic candidates, they will take the debate stage this sunday night. still ahead, a clinical drug trial goes horribly wrong leaving one person brain-dead and sending others to the hospital.
france's health ministry sa one person is brain dead.. d five others hospit a clinical trial for a new painkiller goes wrong. france's health ministry says one person is brain-dead and others injured. the health department says it's rare for clinical trials to be deadly. usually the lowest possible dose is administered. a new investigation is looking into what went wrong. a 79-year-old from sacramento area has joined the
ranks of powerball winners. albert graham won $638,000 in wednesday's drawing. he found out when his wife used her ipad to check the lotto's website. his ticket was just one number shy of a perfect match. counting down to super bowl 50, we're now just 23 days away. and san francisco is starting to look more like super bowl city today. today we caught the action as they put up banners and a cherry picker raised this work up so signs could be seen. and these ones cover downtown and we saw others going up by the ballpark. the headliners on the city stage in san francisco will be: e. thanks, roberta >> every concert is free. >> very cool. >> it's a good thing it's not this weekend because they would all get wet. >> right. but i guarantee we will in the get wet for any of those
outdoor concerts. i'm going out there. i'm guaranteeing t hi, everybody. good afternoon. take a look at our weather watcher program. brentwood paul says 52 degrees. vallejo, charlie, thanks for spending your lunchtime with us at 56. jerry in antioch and mike in san jose reporting temperatures 50s and the 60s and no rain yet. hi-def doppler absolutely nothing but we are detecting increasing clouds according to our live weather camera looking out from, oh, the transamerica pyramid. visibility is unlimited. we have a lot of drying this morning. now increasing clouds leading to rain this evening. but look at these temperatures very mild. and the winds are under 10 miles per hour except in napa, northeast at 10. so increasing clouds, soaking rains later today. then on-again, off-again showers all the way through the holiday weekend. this is the advancement of the clouds that we're seeing right now. now, look at this water vapor
image. this is yesterday's storm. this is the one that's going to affect us tonight and tomorrow and back there that's your sunday, monday event. let's walk you through futurecast. you can play along at home. watch the clock. look at the precipitation. santa rosa 6 p.m. then it increases to the late evening hours. here's your overnight hours. saturday morning the heaviest rain to the north and slices through the bay area during the early afternoon hours. scattered spotty showers all the way through the afternoon into the evening. here goes another batch of energy for your sunday morning hanging out in the north bay and moving across the golden gate bridge in the afternoon. rain showers all the way through tuesday. up to 6 inches of rain in the wettest locations. that means snow in tahoe. you need the chains for alpine also in kirkwood. clouded over by sunset, 50s and 60s, very mild. the extended forecast, you know, to walk you through it, basically, you have to keep in mind, we have rain in and out
every, single day through tuesday. include and dry wednesday and thursday -- cloudy and dry wednesday and the thursday. sometimes you have to watch what you wish for. >> we did. >> it is so true. people may be considering getting a new puppy for the new year. coming up our pet expert has tips on choosing the right ones for your family. us at: cool schools at kpix- >> we wanted to to know what's cool about your school? email your nomination to us at firstname.lastname@example.org. we may come and feature your school on the show. we'll be right back. all you pet owners and pet ,,,,,,,,,,,,,,,,
♪ ♪ we are talking all things p related with veterinarian jl chase.. talking about t you pet owners and pet lovers out there it's friday and so we're talking all things pet-related with veterinarian dr. jill chase. today we're talking about the best practices when choosing a new puppy. and there are many. you have many tips but first, you brought a little friend. this is pearl. >> this is pearl. pearl is only 8 weeks old and she is a standard poodle so in human years she maybe like 2 to 3 years old. she is very young. >> very sleepy too. >> reporter: which is really normal for this age. they sleep a lot. >> she is a standard poodle. she is a little puppy now so she is smaller. but standard poodles get big. >> we'll bring her back on and we can watch her grow. >> okay. >> so one of the things i'd like to talk about is, and this
particular piece of information applies also to kitties. when you're picking it out whether you get it from a shelter or breeder, it should be very clean the facility, pristine, and the pet should have no eye or nose discharge. that's very important. you want them to be lively. you don't want them sitting back in the corner. it's the rare puppy or kitten that's sitting in the way back of the corner, they look cute but they could grow up to be a "fear biter." if you are going to look at a litter. look at them run and the ones behind are the perfect one. >> if you fall in love but it's the one in the corner. >> well -- i personally, um, it's just rare that that one turns out to be like a really good pet and so i probably wouldn't recommend that. >> okay. >> you have to do a lot of work with that one. and have them examined by a vet
to be sure there are no medical issues. >> good tips, dr. jill. thank you so much. thanks for bringing pearl. and send your questions about all your pets about their health and well-being. just email email@example.com or on our facebook page, and we'll have our pet expert give you an answer every friday right here at noon. thank you. it's a healthy snack anytime of year. today our fresh grocer tony tantillo is talking blueberries. >> reporter: well, today's tip of the day is going to be is with blueberries. i love to do blueberries every season. wintertime most of them are imported. you have to be careful. make sure you select and store them right to the get all the nutritional value and flavor. and blueberries could possibly be one of the most nutritional foods. selection and storage is very important. when you buy them beautiful dark color all the way around and do not compromise. i say this all the time. make sure there's no liquid in the bottom. that's a tell tale sign they are decaying. when you bring them home store them in the refrigerator right away. they come from thousands of miles away so enjoy them within
two or three days, that's it, so they stay fresher that way. blueberries, in the market, imported in, select them and store them right and you will enjoy them any way. i'm tony tantillo, your fresh grocer. and always remember to eat fresh and stay healthy. a reminder if you have a consumer problem or a question, email our hotline at consumerwatch at firstname.lastname@example.org or call our hotline at 888-5-helps-u. we'll be right back. ,, ,,,,,,,,,,,,,,,,,,
mall. the local shopping ce that's losing its roof to include more outdoor stores. that that's tonight at 5:00 big changes coming to a bay area mall. local shopping center that's moving its roof to include more outdoor stores. that and more at 5:00. >> are we going to get wet on the way home? >> not for us. we're okay. we're safe. >> okay. >> it's the weekend. >> be careful out there. have a great afternoon. captions by: caption colorado email@example.com
♪ >> brooke: so, we're agreed? >> bill: absolutely. >> brooke: should we take a pledge? >> bill: [ chuckles ] do you think we need to? >> brooke: well, it couldn't hurt. so, it is hereby agreed and acknowledged by the parties -- that would be us -- to move forward as friends. nothing more. >> bill: nothing more.