testing is expected to take 48 hour >> it has been a long time. 86 days since we have not had oil flowing into the ocean today. stopped today. i don't know if it will stay stopped under water camera. well, big news here at home as well. the golden state warriors have been sold. in a record-breaking deal the new owner, well, it is not ceo larry elson instead peter tkpwaouber and venture capitollist joe lakob came out on top. their bid of 450 million. establishes a new high for an nba team. the previous high of 401 million was paid for the phoenix sons back in 2004. one of the people involved if brokering the deal says there say reason why allison lost out. >> i was in contact with his people out there the entire process. they had every opportunity to put in the bid that was higher. they didn't, they waited until the last possible moment. we were hours away from signing a deal. they put in a slightly higher bid. i believe morally and ethically when you have a handshake with somebody it is not right to renig on it. >> now, venture capitol group kline and perkins, crawford and buyers. he is the chairman of mandala entertainment. voicing mixed reaction tonight. the team only reached the playoffs once during the years. so, there is hope that the new ownership will make the team more competitive. as we report there is also uncertainty about the new buyers. they said they were not aware someone punched the team my am surprised. >>y has been a warrior fan for 20 years. he and many others thought the sale of the franchise to the mobel was a done deal tphaofplt what turned him away in an hour from now when we talk to sal. >> reporter: callers to the radio show expressed beens on the sale. most relieved that the deal had been done. >> he really did want it. like you said. >> i think people are excited that the tenure is over and disappointed the 6th richest man in the world and a guy with a huge connection with excellence of winning and demanding account billity is not taking it over. >> reporter: they say they do not know much about the new ownership group but is optimistic. >> i think if you are going to spend so much money to buy a team you kind of want to win. >> the sale has fans wondering if the new group will make a move to san francisco. there have been reports of a possible development in the works by the san francisco giants to build a basketball arena next to at&t park. >> that would be fine. they can come over. clean the there is room here. >> reporter: 415 million say lot of money. they don't care as long as the team has money left over to put a good team on the court. in oakland, ktvu channel 2 news. well, let's to find more coverage on the deal you can log on to bay area -- excuse my ktvu.com and click on the bay area news tab on the home page. oakland police are using a slide show to enlist the public's help in identifying looters that raided several downtown businesses the night of the mesherle verdict. there are 15 photos on the web . people are engaged in saeurious illegal activities such as stealing items, spray painting graffiti. >> the photographs are clear. involved in the civil unrest. i know citizens of oakland are upset in what took place in the city about having outside agitators come in and loot and steal the items from local businesses. >> reporter: oakland police are offering a $100,000 reward for information leading to an arrest. if you would like to take a look at the photos log on to our web site and click on the oakland ryeiot tab. it is not getting big headlines these days. but it is now mid-july and california does not have a budget. in fact there are few signs of progress. and that lack of action in sacramento has prompted action here in the bay area. ken pritchett is live in oakland with the story, ken? >> reporter: well, the state building here in oakland was the scene of one of several demonstrations marking one month since lawmakers in sacramento missed their constitutional deadline to pass a budget. the governor's office says every day that passes costs taxpayers $50 million and will do so until a budget deal is done. >> holding signs targeting big oil health care advocates in oakland say california should tax oil companies before cutting social services. >> it starts billing big oil for the taxes they should have been paying all along. >> in sacramento democrats talked about taxing oil to solve the budget crisis. >> the choices between oil sef rents tax and cutting another billion plus dollars of public education i think the vast majority of californians would be on the side of not cutting public education. >> new taxes are a nonstarter according to the governor and as the budget clock outside of his office continues to climb democrats and republicans are giving mixed signals on when they are close to closing california's $19 billion budget gap. >> this year is one of the toughest years ever in education. >> reporter: in san francisco today, school superintendent carlos garcia says schools can not afford this ongoing delay. >> try running a business when you don't know what your bundleet is. >> reporter: flanked by leaders san francisco will be forced to cut 25% of the budget in the next two years. four days we are reducing the school day by four day >> they support a plan by the speaker john perez, they say it will not lead to education cuts but today he says his plan for now is still $7 billion short. critics say the demand for new revenue and bar owing will only delay a deal. >> things begin to unravel. people in california it is another laughingstock. >> the governor's office said there was not a meeting between the governor and the top legislate i've leaders but the governor says the talks do go on. in oakland, ktvu channel 2 new >> firefighters are putting out hot spots tonight from a grass fire that broke out this afternoon along a freeway. the fire burned alongside interstate 680 in the 1400 block of good year road. about five to seven acres actually burned. the fire officials say the fire started about three clock this afternoon when a tree fell and brushed against a power line causing a spark. about three dozen firefighters managed to extinguish the flames in about an hour. the sheriff's office is investigating a possible case of animal neglect that resulted in the deaths of several horses. a rancher, driving by, noticed them on a fenced property at 580 near tracy. five of the horses were dead. two were still alive. severely dehydrated. investigators say it appears a water trough on the property as human dry for about four days. while the temperatures in that area reached into the 90s. >> well nourished. not that they were without food. but the water, -- investigators -- according to investigators the owners say they had access to water on the neighbors property but someone closed a gate. >> folks in sanoma county may of felt a couple earthquakes today. the recent struck before 5:00 this evening. it was centered about a mile north of the geysers. a magnitude of 3.9. magnitude 4.0 quake hit the same area at 8:30 this morning. small quakes are common in sanoma county. there have been no reports of damage. well, now to the south bay. san jose police are trying to figure out why a man stabbed one woman and fatally shot another at an apartment complex. robert honda reports, the police are searching for a motive as residents criticize their response. >> reporter: the man accused in the fatal stabbing last night is bobby turner. turner was arguing outside with a woman who was his ex- girlfriend and wented in of the unit and came out with a knife and a gun. >> she said what? you are going to stab me now? then i heard her scream. >> reporter: then, after the stabbing turner apparently turned the gun on the woman and husband who were in the door of the unit, aiming at the woman who say friend of the woman who was stabbed. >> grabbed the door. bobby was standing right there and he shoots. and he shoots. >> reporter: the woman, the 48- year-old was shot and bleeding. turner went back to his unit and told his friend what happened. >> he held a knife, a bloody knife up and he said you get me to give this to the police. it is the murder weapon. >> reporter: but the woman who was stabbed was rushed to a hospital is now listed in fair condition. the gunshot victim was pronounced dead at the hospital. >> it came so quick. then, the police officers would not let them through so they could come and get her. she bled to death and died. >> it is incredibly important for us to render the scene secure before medical personnel or fire personnel or anybody else for that matter come into a scene and risk being injured. >> reporter: the police say the 61-year-old turner surrendered without incident. the knife and gun have been recovered. he could be charged with murder and attempted murder tomorrow afternoon. in san skwroes a robert honda, ktvu channel 2 news. >> the police have released surveillance photographs that they hope will identify two suspects in a deadly shooting at the great mall of the bay area. the photos were taken last october when a man was shot and killed in the parking garage at the great mall. the police say the suspects drove away after the shooting in a full sized black suv with tinted windows. it might also have been damaged by gunfire. the victim was 34-year-old michael davis from richmond. anyone with information about the case is asked to call the police. sheriff officials today recovered a third body from that boating accident yesterday off of the mar incounty coast. -- marin county coast. four people died yesterday when the 24 foot pleasure boat capsized off shore. the authorities released the identities of two of the victims today. melvin cox junior was from arkansas, henry madrona from the town of riverbank, both men were in their 60s. their bodies are recovered yesterday. the coast guard has now suspended the search for the 4th victim who is missing and presumed drowned. well, coming up here on bay area news at 7:00. details on a lettuce involving fresh express brand. congress finally pases an overhaul. what it means for banks, businesses and consumers. and we will see why california nurses descended on the bay area home of a top political can date. temperatures today near 100 degrees. tomorrow, we will see 100. i will have the details . rirepublican can date meg whitman, she was not there, she was campaigning today in southern california. the union says she wants to change rules about overtime and meal breaks and cut 40,000 state workers. that went into nurses and paeurblgts. the campaign directed us to those that support her. the nurses union has endorsed democrat jerry brown for governor. well, bay area bridge officials want to find a way to lessen the toll authority committee voted yesterday to recommend giving a $1 million contract to the engineering firm that fixed the cracked ibar. the money would pay for designing a dampening simple system and a way to quickly fix any problems. final approval from the toll authority board is expected later this month. at last the deal is done. after more than a year of intense debate congress cleared the way for sweeping financial interreforms. today's vote and what happies next. >> the final vote 60 to 39. two republican senators from maine, snow and collins and massachusetts senator, scott brown, a republican, joined democrats to pas sweeping reform at the financial industry. their support allowed them to close the debate earlier in the day and move forward with the vote. >> with today's vote in the senate the united states congress now passed a wall street reform bill that will bring greater economic security to families and businesses across the country. the wall street reform bill aims to strengthen consumer protection with a newburgho under the federal reserve. shine a light on financial products and create a new process that dealing with troubled financial firms. >> this legislationing is about the people on pain street not wall street. >> however, republicans say some of the new regulations go too far and will stiffel economic growth. before the official vote the house minority leader says the bill will need to be repealed. >> i believe it is ill- concieved. it will make credit harder for the american people to get. clearly harder for businesses to get. and, the fact that it is going to punish ever banker in america for the sins of a few on wall street. i think it is unwise. >> president barack obama could sign the bill as early as tomorrow. and, has indicated he will quickly appoint the first chief to the new consumer protection bureau. in washington, samantha hayes, ktvu channel 2 news. >> the senate is set to take up a measure next week to restore extended benefits to millions of unemployed americans. the house has passed the bill to continue benefits through november. 2-1/2 million people lost the benefits when the last extension ran out in may. republicans killed an attempt to kill an extension. the senate majority leader says they will consider it again on tuesday after a new senator from west virginia is sworn in. mountain view based google reported earnings that disappointed analysts of the search leader says it earned 1.8 billion or $5.71 a share in the 3 months ending in june. now that is up 24% from the same time last year but marks a slow down in the company's growth from earlier this year. for most of the day stocks were in the red. word of a settlement in a federal fraud case against gold man sacks renewed optimism. the dow still finished lower but slightly. the nasdaq lost a fraction. the real estate tracking firm data quick today reported mixed news for bay area homeowners of the number of homes sold in june was up over 1% from may but was 3% lower than a year ago. home sales in alameda county were down 5% just over 1700 homes sold in contra costa county that is 4% decline from a year ago. the median price for a home in the bay area was 410,000. that is actually a 16 1/2% increase than a year ago. well, apple plans a rare news conference tomorrow. there is much speculation the company will address reception problems with the newest iphone. some users of the iphone 4 complained they lose signal strength they refuse to recommend the problem. apple faces competition from other new smart phones such as the tkroeud x and kapt straight and older iphone >> locked on my model right now it. does a lot what i want to do. i will not get the new one because of the problems and i feel by the time i am ready or need to move on it will have changed a lot. so, i may not go with the next one. we will see. >> apple has not commented on the consumer report decision and has not said what it plans to discus at the news conference. fresh express is advising consumers who punched this romaine lettuce salad to throw it sought. it could be contaminated with e.coli bacteria. the company is recalling packagees of the salad distributed in 20 states including here in california. they have use by dates of july 8th through july 12th and have an s in the product code. no other salads are included in this recall. so far there have been no reports ofil think linked to the recalled salad. coming up here on bay area news at 7:00. they are leaving the city for time in the wilderness. why it is a unique opportunity for dozens of bay area children. [ male announcer presenting the cadillac "summer's best" sales event. a fantastic opportunity to get 0% apr financing on every new 2010 cadillac model. like the cts sport sedan. the most acclaimed vehicle in its class and a "car and driver" 10 best, three years in a row. or the all new cadillac srx luxury crossover. and even the most acclaimed luxury suv ever, the cadillac escalade. summer brings out the best in all of us. hurry in to get 0% apr financing on every new 2010 cadillac during cadillac's "summer's best" sales event, going on now at your cadillac dealer. ♪ . kids from the inner city are going for a wilderness setting. many of them come from low income families and seldom experience life outside of the city. they will swim, learn archery and enjoy camp fires. the salvation army sponsor today for decades. they pay $25 to register the children. it formally would cost $200. the san francisco kids will be in for a treat. it will be warm. >> yes. warm to hot. certainly it. has been cool coast side. the city, 70s. up in the mountains, upper 80s tomorrow. low 90s. we go outside and i want to show you how it works. and the colors representing the darker the color the hotter the red. you key the coastal breeze, rights? see the green. how it cools it off. right in our area, have the gap at the golden gate bridge and it cools things off right around the bay. hot inland, cool to mild coast side. 67 in pacificca. 91 in san rafael. 99 in downtown livermore. that is the airport 99 in antioch and highs tomorrow, get you to upper 90s, maybe low 100s. some places might be a tad cooler tomorrow. tomorrow will be a repeat of today with more 100s it will be a repeat. if you are at the coast what are you talking about? getting sunny days and mild temperatures. the temperatures have been going up right through -- they started in the beginning of the week. moved right up. continue warm to hot. right in the bay area weekend. sunday it will be a cooler day with more fog. today, fog in the coast in the morning and back away from the beaches. highs could easily sore into the low 100s in the inland bay valleys. the forecast as you look at the colors representing the temperatures, the whites, those are 100s. you see the cool air working its way into the bay. i think we will see -- we will see plenty of 90s here. you will see 90s towards danville as well. 83 in richmond. 100 in clear lake. a hot one tomorrow. the hottest day of the week tomorrow. for the forecast highs the hottest. and then side, very warm. and a little cooler. then, sunday, the fog returns and the temperatures really drop off. here is your five-day forecast, health. >> it looks good. thank you, bill. the postal service is honoring the negro baseball league with a couple new stamps. they were unveiled and dedicated tonight before the san francisco game at at&t park. it are s a reminder of the national league fond our e foster, played in american sports history and culture. that will do it for us tonight. tmz is next here on tv36. i willy see you back here tomorrow night at 7:00. have a good one