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tv   ABC7 News 400PM  ABC  April 6, 2018 4:00pm-5:00pm PDT

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expected tonight, spencer? >> you already mentioned the drenching, the north bay is getting rain in san rafael, his rain gauge measured six inches between last night and this afternoon. most of what is falling has been light to moderate rain, there's been numerous reports in the north bay as heavy rain and localized flooding, this storm ranks 3 on the storm impact scale, it's a strong storm and through tomorrow morning it's expected to deliver heavy downpours, flooding a possibility, winds will gust 30 to 40 miles an hour. forecast animation starting at 5:00 this afternoon, shows an area of surge of moderate to heavy rain will occur just before 8:00 p.m., and that will continue through the midnight hour, into the early morning hours, and that means the evening commute is likely to be a hazardous one, so be cautious,
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because rain as i mentioned will be heavy at times and ponding on the roadway will be common and you should leave your lights on. >> spencer thank you. the wet weather causing some problems on the roadway in the north bay. this accident was on northbound 101 near sausalito. even the chp needed a hand in sonoma, this officer's car hydroplaned and ended up in a ditch. he was not hurt and his car was bull pulled out. >> reporter: it's been a cumulative kind of day, the rain hasn't stopped falling since yesterday, not heavily or really heavily at any given time, but constantly. behind me you see vacant lots turned to pools. this is where homes once stood in the fountain grove area, and this is an area of concern, but
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frankly most of the north bay is concern concern concerned. does it look like an atmospheric river to you? >> it sure feels like it. >> reporter: that was bill cooper as he faced down this river. >> i barely made it around from the small roads to this. i didn't expect this back here. >> reporter: she stayed behind, while mr. cooper splashed ahead. thy were two small dramas in a day filling with them. >> i'm still scared, i'm still shaking, i'm still nervous. >> reporter: that's jose vall o vallejo, sitting in the warmth of a california highway patrol car after a spinout on highway 101. jose never saw this coming until it was over. >> it i never saw it coming. >> reporter: and all from an early spring storm with a punch to ruin a weekend. here's russell creek along parker road in fountain grove
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yesterday, 24 hours later, a different animal. one reason why in burn areas, local responders are keeping close watch, measuring the impact of every drop. the good news, they say, that the ground has had time. they would where much more waried had these rains come sooner. >> if the rains came sooner, we would be in worse scenario than we are now. >> reporter: that's paul loren thal, the different fire marshall in santa rosa. he says if we don't get more than half an inch of rain in an hour we'll be fine. the key times to watch will be between 11:00 p.m. and 5:00 a.m. and they'll be on it. tonight's giants game against the dodgers rained out. it is only the sixth time ever that a game has been cancelled at at&t park because of rain and it's just the 33rd rainout since the giants moved to san
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francisco back in 1958. this game's going to be made up as part of a split double-header on saturday april 28. the start of tomorrow's game also has been pushed back by two hours, so that game will now begin at 3:05 as they hope that rain clears. >> the weather has also forced the cancellation of many flights and travellers whose flights have not been cancelled are still facing frustrating delays. >> frank thopmas live at sfo wih more. >> reporter: guys we're getting a break from the rain right now, but it is still cloudy, we have this cloudy deck up here and it has been very blustery, you add those things together and the 15 or 1,500 or so flights into and out of sfo every day and this friday especially, is down by about 10%. check the arrival and departure board at sfo and you may get some bad news. >> we have seen 147 flight
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cancellations today, that's about 10% of our flight schedule. >> reporter: this family is in a quanda quandary, they're from bolivia and they're trying to catch a flight to hawaii. >> all the flights are cancelled. >> i'm like on the verge of tears. >> reporter: santa rosa native lydia smith is trying to get to oregon for a baby shower. not only was her flight cancelled -- >> the only thing they could do is get me a flight on virgin tonight at 7:00. >> reporter: today along with the typical delays of low clouds and rain, there's another problem. >> the winds are coming out of the south so the winds are totally opposite of how we usually operate. >> reporter: so instead of landing from south to north, they're landing from north to south, that's the most efficient pattern for landings and takingoff. it's suggested that -- we did
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run into one traveler who was taking it all in stride. anne miller was in town for a conference, now that it's over, her husband is flying in from colorado for a get away weekend. his flight was delayed more than an hour. >> i had planned to be here and wait for him, so what's another hour? it doesn't bother me. >> reporter: so if you have a flight tomorrow, well, this may still be a problem. our forecaster says we'll still have rain in the morning on saturday, that could mean they start the day with delays here at sfo, but they're hoping things will get better towards the afternoon. but they're hoping they can catch up with all those delays and cancellations. >> all right, eric, thank you. take a look at mjose international. two dozen arriving and departing
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flights have been delayed ranging from about 20 minutes to an hour. >> reporter: here we go again, highway 17 becomes a parking lot in the santa cruz mountains whenever it rains, crashes are common, especially where the curves. but not everyone hates being out in the rain. some are even happy as a pig in -- even some people who work in the rain were stoked. >> love the weather, love my job. >> reporter: collide newby works for the santa clara parks department. working in the rain is just part of the job, but clyde and his team have made -- >> mostly we have trees that
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come down that create real hazards in this kind of weather, and when that happens you go to work. >> reporter: a flood watch is in effect for the santa rosa mountains. >> my boat will float, go down the river. >> reporter: just in case? >> just in case. the national parks service is closing access to yosemite valley because of the storm. starting less than an hour from now actually at 5:00 p.m. the parks soft has issued an alert urging anyone planning a trip to the park this weekend to make alternative travel plans. and looking live at our camera at heavenly mountain resort. you can see plenty of snow on the slopes and on the camera lens is rain drops because it's just too warm to get much snow now. you can track the rain where you live with the abc7 news app. it has live doppler 7 so you can get hour by hour conditions in your neighborhood. more weather coverage coming
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up. but first in freemont we're learning new details about a man who was killed in a shoot-out with police. this comes as some people question the use of force in the wake of deadly police shootings across the country. >> reporter: neighbors near the scene of thursday's deadly scene in freemont described it as total chaos. >> once i heard the gunshots, i immediately ducked, my wife and i were both inside of our homes. >> reporter: around 7:00 a lost night, a police officer spotted a suspect who was riding in the area of freemont boulevard and nicollette avenue. when the vehicle pulled over, police say the suspect took off in the direction of this arrest co-estatio -- arco station. that's when the chase led to the street which led to the deadly shoot-out. police say the suspect pulled his gun first and refused to put it down. >> it's really startling the legal of violence these suspects are demonstrating towards our
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officers. >> reporter: this is the city's sixth officer-involved shooting this month, including one person who died from a self-inflicted wound. >> we continue to see violent suspects who will do anything it takes to get away from officers. >> reporter: in this most recent case, the suspect whose identity has not been released was wanted on a felony warrant for illegal possession of a firearm as well as a probation violation. police said he had cult off his ankle monitoring device. at least seven officers were involved in the shooting, four on patrol, and three under cover. all of them will be placed on administrative leave during the investigation. the search for a man considered armed and dangerous is over thanks to a tip. san francisco police say dustin hamilton is now in custody.
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they put out this radio call just after 6:00 this morning. >> a warrant for hamilton dustin. into custody by southern officers, two firearms were found also. >> hamilton was spotted at the caltrans station at 4th and king. he threatened to kill san jose j police and people in general. new details about the woman who targeted youtube employees in san bruno. >> that's all she was doing making videos. >> we go inside the room of the shooter. it's an abc news exclusive. plus what can you do to protect yourself if you're threatened? the proposal to provide training for workers right here. and the changes that are coming to facebook in the wake
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now to the latest on the investigation into the youtube shooting in san bruno. an employee at a san diego gunshot remembers selling aghdam the gun she used in the
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shooting. he said she didn't stand out. the 9 millimeter gun was purchased legally and in her name. >> nasim aghdam's parents are expressing sadness about is shooting. >> reporter: in a heart beat they went from an innocent working class neighborhood to the parents of a mass shooter. was your daughter a terrorist? >> no. >> did you know she had a gun? >> no. >> reporter: nasim's parents grieving for the -- police say she took the handgun she bought in january to the san francisco area and on tuesday used it on youtube employees. >> a shooter at 901 cherry. >> reporter: and then herself. overnight her family invited us into the home they shared with
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her. this is her bedroom? >> yes, this is her bedroom. >> reporter: this is her screen for the videos, i guess? over the past decade she had become somewhat of a sensation for those videos of her exercising, promoting veganism or even teaching dancing. but the family says youtube began to filter her last year. would you say she was obsessed with youtube? >> that's all she was doing making videos. >> reporter: and when she disappeared last weekend, her parents filed a missing persons report. police at mountain view, california said they spotted her car and then alerted her parents that she was safe. that was at 2:00 a.m. the morning of the shooting. police thought the family would be happy, but instead, it seems parents tried to warn police she might be up to something. did you tell them that she might be violent? >> i said that maybe she go
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there, like, protest or start a fight with somebody or that kind of stuff. >> reporter: and the police response? they said don't worry about it? go to sleep? >> don't worry about it, yeah. under control. >> reporter: hours later, police say she would sneak through that garage into the red umbrellaed patio. her family saying they are shocked at their gentle daughter's apparent transformation. you're saying she didn't want to kill an ant, but she went there shooting at humans. >> she never had to want and how she could shoot people. >> reporter: they say they're crushed by the loss and the harm nasim caused her victims. >> you can always follow our abc7 in depth coverage of the shootings, we have much more on the strangers who helped victims, twitter who stopped some of the miss information online and the shooter's
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background on those youtube videos. chief operating officer said that facebook should have monitored cambridge analytica after they -- she received legal assurances that the group had deleted the information. facebook has begun looking at its -- mark zuckerberg is set to testify before congress next week. we'll have coverage of zuckerberg's testimony including what he has to say. if the debt needs restructuring you file chapter 11. nine west to do just that, allowing the company to focus on it's more profitable business, nine west has been owned by the private equity firm since 1982.
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rain gear stocks are up, here's a look at live doppler 7, if you want to know what drinking looks like, check this out, rain light to moderate, but areas moderate to heavy are scattered throughout the daze right now, it's been wet like this all day. rainfall amounts to only a quarter inch in mountain view, to over an inch in oakland. it's been very wet since this storm began late yesterday. this is the view from our rooftop camera, showing rain drops on the lens, showing the skyline of san francisco. san francisco 60 and in oakland. here's a view from atop mt. tam where rain drops keep pelting the m can are lens, low 60s in the area. and one more live view, we want to give you an idea of what
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traffic is like over in the emeryville area as it continues to rain there. these are our forecast features, we'll see rainy, gusty conditions overnight, the storm will begin to taper off early tomorrow morning and will be drying out on sunday and monday. this storm ranks 3 on the storm impact scale. it's a strong storm and we'll continue to see a chance of heavy downpours and localized flooding during the early morning hours. winds will gust 30 to 40 miles an hour at times. a flood watch in effect for virtually all of the bay area. heavy rain will continue to cause the risk of flooding of roadways, small streams and debris floes. notice later tonight, the areas of bright orange, red and yellow, indicating the heaviest downpours. and those heavy downpours will not be localized. they'll be widespread during the overnight and the early morning hours, and finally the storm will zip on out of here, between
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about 6:00 and 8:00 a.m., followed by only spotty sprinkles through most of the day tomorrow. so most of the day tomorrow will be much calmer than today was. additional rain, by 11:00 tomorrow morning, at one point 1.86 in santa rosa. lows will be in the mid 50s and highs tomorrow afternoon will be mainly in the low to mid 60s. and tonight's game with the dodgers and giants was postponed because of rain, but tomorrow's game at 3:05 p.m. will take place under partly cloudy with temperatures in the upper 50s to low 60s during the game. the accuweather forecast, the storm will taper off by mid morning and give way to at least partial clearing. breezy conditions on sunday and much warmer on monday with highs in the upper 70s inland. increasing clouds on tuesday, another chance for showers next
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wednesday but nothing like the storm we're having now and it will dry out again the end of the next week. it is a weekend just for fan boys and fan girls, the big event that's hitting san jose starting tonight and we'll tell you who's going to be there. lord of the rings is set to return to the small screen and it's already costing big bucks. at 4:22, a live drive in san jose. it's always backed up, and the road is slick, northbound my day starts well before i'm even in the kitchen. i need my blood sugar to stay in control. so i asked about tresiba®. ♪ tresiba® ready ♪ tresiba® is a once-daily, long-acting insulin that lasts even longer than 24 hours. i need to shave my a1c. ♪ tresiba® ready ♪ tresiba® works like my body's insulin. releases slow and steady. providing powerful a1c reduction.
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if you're tresiba® ready. covered by most insurance and medicare plans. ♪ tresiba® ready ♪ silicon valley comic con gets under way in less than an hour. among this year's special guests is famed comic book writer and really a legend when you're talking about stan lee, who's in all of his own movies. fans can geek out at the san francisco convention center.
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shatner there beginning at ha5:, think run through sunday. it's a time to get autographs from favorite celebrities. tickets are still available online. >> we enjoyed talking with them. some good news for fantasy fans, lord of the rings could soon be coming to the small screen. jessica castro with abc7 mornings has the details. >> reporter: lord of the rings fans listen up, amazon is spending a lot of money to make lord of the rings a san francisco series. amazon is paying more than a billion dollars to bring this movie to life. the deal includes a five-season commitment to a lord of the rings show. amazon studios reportedly shelled out an estimated $250 million for the rights. so when will we see it?
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production will reportedly start within the next two years. and an early happy 80th birthday to governor jerry brown. graduated from uc berkeley in 1955. the governor's press office tweeted out a picture of a newspaper article when brown turned 40 when he was governor the first time around, currently serving his fourth term as governor of california, his first three terms were before term rm limits were put into effect. we may take a hit and you know what? ultimately we're going to be much stronger for it. >> the white house is not backing down. and the infamous brothers who were convicted of killing who were convicted of killing their ( ♪ ) your heart doesn't only belong to you.
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the stories making headlines at 4:30, there's a lot of green on live doppler 7 right now. take a look. the rain has been coming down since last night. reports of flooding in some parts of the north bay. you can expect light to moderate rain the rest of the day with occasional downpours and gusty winds.
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the rain coupled with fog has made driving difficult in places. leslie brinkley tweeted this photo of slow traffic. national guard troops moving in support of the border security mission tonight, arizona's governor tweeted that 150 members will be at the border next week. president trump has said he wants up to 4,000 guard members to help fight illegal immigration and drug trafficking. and to the trade war caused global markets to tumble today after president trump doubled down on his attempts to slap morte tariffs on cheese goods. >> reporter: the entire world is watching this war of worlds because it seems like every time president trump tweets something the market reacts. a tit for tat over terrorists,
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and rumors over a potential trade markets in china is sending markets into a downward spiral. >> the president is actually going to do something and be tough. >> reporter: the president promising to tackle an additional $1 billion in tariffs. he says the new tariffs are in response to china placing tariffs on key u.s. products. >> we may take a hit, but ultimately we're going to be much stronger for it, but it's something we had to do. >> china says they don't want a trade war but they don't want to fight one either. the china side has fully prepared and will without hesitation counter attack with great strength. as the threats fly, the president's new chief economic advisor said that it's time for
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china to be held accountable for their trade practices? >> tell me this, why has china gone two decades to make the changes that the entire world and the governing organizations knows they've been breaking. >> reporter: markets took a dive over the news, and the dow jones industrial average went lower and kept on dropping. china has filed a complaint with the world trade organization over those tariffs, but trump has tweeted that those tariffs are unfair to the u.s. >> we have heard most members of the trump administration are actually not in favor of a trade war, even if they don't want to speak up against their boss, but what's the latest on the cabinet's response? >> reporter: it's been interesting to see as cabinet members and his advisory group has responded, so far they have been able to toe the line saying they respect the president in his decision and they have been careful to point out that none of these tariffs are in place
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yet that they're being worked on and threatened. and the president said that this is just part of an overall strategy. treasury secretary steve mnuchin said says we're cautiously optimistic that we can work this out. the u.s. has slapped new sanctions on seven of russia's richest men and 17 top government officials, trump administration officials say it's part of a concerted ongoing effort to push back on russian president vladimir putin. the sanctions bars americans doing business with those targeted. president trump's statement about not knowing about that $130,000 payment actually helps their case. he says he looks forward to testing the truthfulness of trump's famed lack of knowledge.
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stormy daniels said she had an affair in 2006 and felt threatened to into the agreement to keep quiet. >> you have to ask michael cohen, michael kon is my attorney and you'll have to ask him. >> do you know where he got the money to make that payment? >> no, i don't know. >> there's a report that evangelical leaders are proposing to sit down with trump and talk about the allegations. in recent weeks there had been some speculation about the fact that he might consider attending. he put that to rest this morning. >> i sort of feel that the press is so bad, it's so fake, it's so made up, i mean sources say, and they have no sources. so i probably won't do it. >> presidents typically give a speech at that dinner. this is former president obama at the dinner back in 2014.
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the white house correspondents association says the white house has informed us that the president does not plan to participate in this year's dinner, but that he will encourage members of the executive branch to attend. at least seven people were killed today in demonstrations at the fence dividing the gaza strip and israel. palestinian troops have set tires on fire and israeli troops have responded with live fire and tear gas. palestinians want to return to what they say is their homeland inside israel. the menendez brothers convicted of killing their parents in beverly hills in 1989. >> after spending decades apart, lyle and scott menendez are in the same prison. >> reporter: it was a day they thought would never come. but the twins sentenced to life
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for murdering their parents 30 years ago are reunited behind bars. 50-year-old lyle asked during his recent hearing to be closer to his brother. and transferring eric to the same housing unit wednesday. >> they now probably get to interact pretty regularly. they have chow at the same time, and they can spend their free time together. >> their relatives posted wednesday, miracles do happen, there are no words to describe what happened today. a former san diego district attorney, though, questions the decision to reunite the convicted killers. >> i'm not sure why they're doing this. because generally we tell people, you won't be with your relatives. >> reporter: a corrections department representative said they could find no reason to keep the brothers apart, saying
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it's not unprecedented for relatives and crime partners to be in the same prison. cracking down on cryptocurrencies, the strange new world, and the man who said he would never invest decides to take the plunge. it is wet out there in the fire scarred north bay as the rain continues. >> and the rain does continue as you can see in this view of mt. tam, it will be quite stormy tonight and i'll have the details coming up. and let's take a live look of traffic on i-80 in emeryville, you can see your get away traffic and your traffic going into san francisco, both messy and slow right now. >> nobody's getting away. >> yeah,
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want to give you a live look at live doppler 7, all that green is rain coming down right now throughout the bay area. we were pondering dinner options, thinking about 7:00 and what's going to be going on and whether it's worth it to go out and drive. spencer has his own caterer so it doesn't really matter to him. >> you mean the cafe vending machine here? that's the caterer. those living in the burned scarred areas are keeping a close track of the rain. >> reporter: the creek that runs alongside parker hill road in
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santa rosa was moving swiftly friday morning, a spring storm is expected to bring heavy rain to an area devastated in october's wildfires. officials will be monitoring the entire community in the grove neighborho grove neighborhood. >> reporter: paul lowenthal says the city has been preparing for a storm like this for six months. >> when you have a fire, there's a possibility for significant weather to affect the burn area. we have our teams ready to go, not only for burn areas around -- >> reporter: they're also monitoring storm drains. they have put out buffers to drape the debris and diverse the flow of rain water. they say now is not the time to let your guard down.
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in santa rosa, alyssa harrington, abc7 news. well, it continues to rain as you can see here on live doppler 7, we'll continue to have periods of heavy rain and gusty winds with overnight lows in the mid 50s, but the storm should start to taper off by mid morning tomorrow. meanwhile, we have a flood warning in effect for navarro county, above flood stage, the river will be above flood stage between 11:00 a.m. and 11:00 p.m. a flood advisory for virtually all of and we have a flood watch from the bay area all the way over into the central sierra, until 11:00 sunday morning, an
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additional 3 to 7 inches of rain may fall. from the bay area to the sierra, there are flood concerns. here's the accuweather 7-day forecast, our wet weather will continue through mid morning tomorrow. sunny and breezy on monday, and then more rain on wednesday. safety at work, the concerns after this week's shooting at youtube and the possibleactive shooter training that might soon become mandatory. and keeping your private time private. the rules one lawmaker wan
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side effects can lead to dehydration, which may cause kidney problems. change the course of your treatment. ask your doctor about victoza®. this week's shooting at youtube has a lot of people questioning security in their own workplaces and now state regulators are considering a plan to ensure violence prevention in every industry. jessica castro looks at the proposal. >> the shooter at 901 cherry. >> reporter: workplace violence has become an all too common problem, affecting major companies like this week's shooting rampage at the youtube
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headquarters in san bruno and small businesses too. last week there was a mass shooting incident at a barbershop in san francisco. in fact, violence is among the leading cause of death at work, second only to vehicle accidents. now cal osha is drafting regulations that would ensure every employee in california knows exactly what to do in a violent situation. >> it would require each element employer to examine the workplace violence manual and correct where it's needed to make corrections. >> reporter: that means even small coffee shops would have to offer violence prevention training and escape plans. >> in this day and age violence is everywhere and we all want to protect our employees and staff and ourselves. >> reporter: cafe 15's owner says she supports the idea, but is worried about the cost. >> considering how available guns are these days, i can
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understand their stance. the question is how are they going to implement it? does it mean that we have to go to sacramento, every single business owner has to go to sacramento and sit in an office or a class room for eight hours? >> reporter: it remains unclear how the regulaton would work, but it would come along with fines for companies that don't apply, ranging from $100 to $75,000 depending on the infraction. california is still in the drafting phase and taking public input, they're hoping to have something done by the year 2020. right now they hope that every employer has a workplace prevention plan, they - requiring workers -- outside of work hours. if a bill introduced in city council is approved, works who
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deal retaliated against for failing to respond to their employer on their off time. in france, companies with more than 50 workers have the right to ignore company emails. a lawsuit out of washington state where a woman accuses her parents fertility doctor of being her own biological father. >> she says he uncovered the shocking details when she submitted her dna to ancestory.com. >> i wanted to know who i am and where i came from. >> reporter: we have all seen them, the simple at home dna tests getting to the root of a family tree. >> i always wonder, who does make you who you are? >> reporter: and while millions turn to sites like ancestory.com and 24 and me to find the past, the results aren't always what you expect. a 36-year-old woman is suing her
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mother's fertility doctor claiming and an says try.com test says that he is her father. in the lawsuit filed last friday. kelly roulette claims that dr. jrld mortimer recommended her father undergo a procedure to inject his material with a carefully selected anonymous donor, but instead of insemin e inseminating her with that mixture, he mixed his own, concealing that nicollette was his own daughter. years ago the doctor cried when the family told him they were moving. >> i did not think this was possible in a million years. >> reporter: in another case, 43-year-old andrea ramirez took one of those dna tests and says she learned that the man who raised her was not her biological father, a secret her
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parents took to their graves. >> i wouldn't have expected that there's potentially another biological relative who's significantly closer than anybody else on earth, that would be related to me. >> reporter: meeting her half sister just as shocking. >> she and i have the same mouth, and some of the same mannerisms in the way we talked so that was kind of a shocker. >> reporter: a geneticist says that genetic tests have come to surprising results before. >> we have seen family secrets be uncovered and people are learning surprising things about themselves, although they are often unexpected surprises. >> but ancestry tells us that while some of these are expected, having the profile as part of the database is optional and users can opt out. > some bizarre stories there. we're at the end of the week, not that you need an excuse to pop a cold one, but did you know it was new beer's eve?
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>> what? >> not to be confused with new beer's eve. this is not a fake news story, it's actually a thing i'm told, prohibition was overturned 83 years ago tomorrow. anything to serve a beer. if you happen to have a beer today, you can toast president roosevelt and the anti prohibition members of congress, they completely reversed prohibition with the 23rd amendment. dunkin' donuts rolling out some new products, some snacks, doughnut fries like you see there. the rest of the menu includes pretzel bites, munch kin dkinkkn and gluten free doughnuts. it's part of the company's new $2 snacking menu, available only in boston, if people like the
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stuff, there may be a nationwide rollout. thinking of taking the plunge into cryptocurrency? you have probably heard of bit coin, but there are a lot of them out there, and the one big skeptic who's now jumping into the fray. coming up new at 5:00, the search for a driver after a car goes off a highway and down a ravine. plus -- >> there's justice that needs to be had for those families so they can have some closures. >> cold case arrests, several new indictments in some old murders. plus -- >> we need to prepare for what could be a horrible situation. >> what some call the new normal, surviving an active sh
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♪ ♪ ♪ raindrops on roses and whiskers on kittens ♪ ♪ bright copper kettles and warm woolen mittens ♪ ♪ brown paper packages tied up with strings ♪ ♪ these are a few of my favorite things ♪
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well, maybe you've heard about cryptocurrencies, investing in stuff like bitcoin can be rather bumpy, especially if you put your money in at the highs in january and now you need a snorkel mask to look at your portfolio. jonathan bloom has the story. >> reporter: in january, billionaire investor george
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soros called cryptocurrency a bubble. now according to bloomberg he's changed his tune and he's ready to start trading the digital asset. the block chain creates absolute trust through math, soon it will power game consoles. >> because the data is associated with this character, it can go anywhere with you. >> reporter: even health insurance. we saw this whole room filled with companies ready for initial coin offerings or icos and hundreds of others online. >> the majority of these are going to fail. >> reporter: crowd decks says that earlier cryptos were too good to be true. people were selling coins for a product that was didn't exist yet. >> they were just issuing tokens and keeping the equities in the business. >> but the securities and exchange commission says that tokens are subject to rules
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about advertising, rules facebook and google say they plan to enforce. so if floyd mayweather endorses another ico, he'll have to tell the whole story. >> tell his fans that he's a paid promoter. >> reporter: but even with a fully sanctioned security token, there's still one problem, now that you have that smart investment, there's still nowhere to trade it yet. >> at the moment there are no registered or sec approved trading platforms to trade these. >> it will be tradeable at some point. >> it gives buyers a stake in the film that's being made about his life. >> for each token, owners receive the profits from the film. >> reporter: the owner says it's about time small americans can take bets on big ideas. but he worries if regulators are too heavy handed, it may not be
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here for long. >> we don't want to have to run to offshore venues like singapore or the caribbean. thank you for joining us, abc7 news at 5:00 starts right now. the stormy become is also canceling a lot of flights, leaving travelers in the lurch. >> we're going to pass, i don't know when. a developing story in the oakland hills, a car over a cliff, and now a search for a missing person. >> in one of these cases was 121 years old so he don't give u. >> cold cases, getting convicti convictions in old cases.
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it's tough going in the north bay tonight. roads are flooded in west marin and sonoma, motorists are doing the best they can to get where they need to go. >> even the chp needed a helping hand. this patrol car landed in a ditch. the driver is okay. and this tree came down on the front of a courtesy van, there are no injuries reported. a look now at the golden gate bridge, drivers heading north need to be careful. as you go north, that's where some of the heaviest rainfall is expected. and in san jose, wet weather is slowing down drivers, roadways are slick and dangerous. >> this atmospheric river is soaking the bay area and it's not finished with us yet. >> let's get right to weather. >> it was a strong storm, the first half of i

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