Honor our servicemen and women on this veterans day. We will take you on a tour of the best celebrations across the bay area. Losing executives, advertisers, and some say losing touch. The latest on the troubles in twitter , including fake accounts. And trouble in group the currency transaction. Hello, and happy veterans day. Celebrations are happening all across the bay area today, and we check in with kpix 5 s and makovec with the celebrations that just make you feel good. Like i want to give a shout out to my dad, who served in vietnam. We have seen people out and about all day to honor veterans. Chopper 5 over downtown san jose for the veterans day parade. We see the American Flag hanging there, marching bands of course, and they had vehicles brought into her present those used in world war ii. Hear some of the sites and sounds of the parade from the ground. A lot of families out there in san jose today, marking the occasion and paying tribute to our veterans of all generations. There was a pancake rockfest and performances in the parade. This was at the marina and the veterans memorial. There in san bruno, several turning out to cure performances including a navy band. And a series of speeches thanking those who sacrificed so much for our country. The mt. Diablo summit beacon will be lit to honor veterans from sunset to sunrise, reed. Anne, my dad served at the same time as your dad. Thank you , and thank you to all of you out there who have served. Moon rocks, spacesuits, a huey helicopter, and a cockpit from the u. S. Hornet museum, that pop up where you can pay tribute to veterans is running through sunday. What were they fighting for . The right to vote. A lot of workers are busy counting permitting ballots. This is a look over my shoulder at the operations of San Francisco today. Some are taking the day off for veterans day, but we may get an update from santa clara this evening. The county is watching two mayoral races still being decided. In san jose, city councilman matt mahan liens leads cindy chavez. And mayor lee said gilmore leads becker by a single percentage point in gilmores favor, her lead is 250 votes. In oakland, loren taylor leads sheng thao by about five percentage points. Taylor also leads in the ranked choice voting. But many votes are still being tabulated, so we expect an update on monday. And we will follow all Election Results locally and nationally as they come in, watching the balance of power and seeing where its going to land. You can find up dates on kpix 5, cbs news bay area, and kpix. Com. Student loan borrowers across the country are kind of stuck in limbo right now after a federal court struck down president joe bidens student loan forgiveness program. The court said it was all legal. Illegal. The program was technically on hold following an Appeals Court ruling in a super challenge. Its been a whirlwind of change at San Franciscobased twitter. Elon musk took the helm and has faced job cuts, fake accounts, and several other issues. More on the issues i had. Elon musks plan to make blue check verification unleashed a new round of chaos at twitter and questions about the companys future. I dont know where the truth lies, and i dont think its going to be in twitter anymore. Anyone with eight dollars a month could get a blue check market, leading to many fake posts, like this from lebron james asking for a trade, and eli lilly , pharmacy, offering free insulin, and signing up for tesla. Musket says suspending trolls is a top priority, but with staff cut to the bone, who is catching those fake accounts . I think its turned into this free for all for like misinformation. The chaos has got the attention of the highest levels of government, even the pentagon uses the platform. We will have to adjust to changes and adapt too. The company is facing a dire financial situation and Industry Experts say concerns may be justified. Reality is there are an unprecedented number of challenges within the Digital Industry right now. And these companies have to find a way to cut costs. Adding to the confusion, musk announced remote worked is over, ordering employees back to the office at least 40 hours per week. Reporting from los angeles. Thank you. The largest crypto currency ftx has filed for bankruptcy in the latest updates. More details now, with vladimir duthiers. Ftxs popular Super Bowl Ad starring larry david lampooned some of mankinds latest inventions. I caught the wheel pack. One of the worst ideas ever heard. And im never wrong about this stuff, never. But the punchline isnt so funny now that ftx is on the verge of collapse. Ftx is the easiest way to buy, and sell crypto. It drew on names like tom brady and scored enough money to strike a majorleague marketing deal and buy into the name of a major sports arena. But now it and all of the currency including bitcoin is in crisis mode. Ftx ceo, one of the worlds youngest billionaires, is scrambling to find funds to give investors money back after another exchange barked out of a plan to buy ftx. Evan luther is an investor who is seeing the value of holdings he has plummet and cannot withdraw whats left in his ftx account. I thought it was very secure, ive lost almost a couple million dollars. Im never going to trust any exchange anymore. Im only going to keep money in my hard wallet. His was a very big lesson for me. For his Company Began to relax and collapse , he said ftx has enough to cover our Client Holdings assuring clients money was secure. But the tweet was quickly deleted. What you are witnessing is a classic example of a run. Ftx users were afraid they wouldnt get their funds out, so they lined up, and ftx didnt have the cash on hand to pay them out. According to the ap, tran20 four is under investigation by u. S. Regulators over handling of customer funds. The white house issuing this warning. The most recent news, these concerns and highlights why prudent regulation of crypto currencies is indeed needed. Still many feel crypto currencies are here to stay, but with this massive downturn in value its future is uncertain. This is an asset with no inherent value, it trades entirely on sentiment, and sentiment is fickle. Right now, sentiment is very negative. Vladimir duthiers, cbs news, new york. This affects athletes and celebrities who had some of their investments in ftx, like steph curry , tom brady, and giselle bunch and. Still ahead, lay also hitting employees in tech firms, of course, but what about the businesses that surround those buildings . See how some are trying to change operations to adjust to todays climate financially. Hear from teammates as we had back to the sunday primetime match up. Here is you are forecast for veterans day, coming up. All right, with all the recent tech layoffs , and with more people in hybrid schedules, Bay Area Companies are left with just a fraction of their employees, who come into the office. What about Small Businesses that popped up around the big buildings that relied on this for traffic . More on the postpandemic economy for restaurants. Randy is not the kind of loss was afraid to roll up his sleeves, and today hes jumping behind the sushi counter to make up something for us to go. This is one of our specialty rolls. As the business owner, hes looking beyond the production line to the bottom line and sees clouds ahead, slowdowns, cutbacks, and layoffs, in the larger Silicon Valley economy that could affect him and his workers. When you are trying to balance labor dollars , its easy to say we cut staff, but knowing how important a lot of your employees are, you dont want them to go anywhere else. Randy started sushi after a Cancer Research scientist for bay area biotech firms. He grew to three restaurants in campbell, san jose, and morgan hill, and now plays 123 people. He thought sales would rebound quickly after the pandemic, but it didnt materialize. Large employers, like apple, have come back to office only parttime. Our corporate customers are not, you know, going out, our network , five days a week , they arent going out to lunch, they are cooking at home, having lunch at home. So that definitely affects Small Businesses. Randy says catering contracts also slowed down. A lot of our corporate clients, google, meda, netflix, we might start seeing less catering from them. Plus coldweather means his business will have to pull back. We have not laid off anyone, we have cut hours here and there, especially when its raining. We have slow days. We are looking to hire at the moment. Some like derek are already working two jobs to keep up hours. We live off of tips, and it fluctuates depending on how busy the restaurant is during the week or not. Recession wise yeah, people are more likely to cook at home instead of going out york randy says if recession taught him anything he was how to nimbly buy a business which looks to become the new normal. Reporting for kpix 5. This is the red and gold report. Reaction today, after we learned cornerback Jason Verrett will be out the rest of the season after his latest injury. He suffered an ac tear frst season, this is the third season ending injury since he joined the 49ers in 2019. That hit him and his teammates hard. It took the life out of everybody at practice, literally. Kyle tried to bring it up, and he can really talk. So he was just like, what you guys want to do . At the end of the day, its part of this job. Knowing all the things he had been through. Issued to catch the tuolumne tonight at 7 30 here on kpix 5 and streaming on cbs news bay area. Time for alert weather time with chief meteorologist paul heggen. Hi. We just needed a breath to think about the football on sunday evening. [ laughter ] there is a weak cold front approaching the bay area. Its not going to have a huge impact on the weekend, we are still in it for slightly below temperatures passing clouds, but sprinkles will sneak in tonight. A better chance of showers in the northern half of the bay area, tomorrow. Lets check with futurecast, and most of these will evaporate on the way down. We could get patches of drizzle out of the clouds, but thats it. Y will start dry on saturday, more moisture on track , but it will largely be falling apart from the north. Higher elevations of the north bay may. Up a few hundredths of an inch of rain, but in the valleys, its 20 , maybe 30 of precipitation. Be flexible with outdoor plans, if you want to be on the safe side, but i dont think you need to cancel anything. Rain and snow in the sierra will shut down tomorrow night, then we are in for full sunshine on sunday. Lets take a look at the snowfall amounts they expect. This wont be a huge snow maker, but its enough to freshen up the ski slopes, boreal opening today, and thanksgiving is only a few weeks away. Everybody is in the 50s and 60s, and thats where we will top out again tomorrow. It wont be as chilly tonight with that increase in cloud cover. Everybody else bottoming out in the low to mid 40s, closer to normal for this time of year. High temperatures still five or six degrees below normal, a mix of upper 50s and 60s across almost all of the bay area, the exception is right along the coast where youll be in the mid50s. Just a few degrees cooler. But at the south end of the bay, santa clara, inland and east bay, around the bay itself, upper 50s and low 60s across the board. More low 60s north of the golden gate even with showers dropping from the north. But farther north in mendocino and lake county, you will be the cooler spots, low 50s for lakeport and in clear lake. Tonight if you are headed to the oracle park as the opera at San Francisco performs on the big screen, layer up appropriately. It starts at 7 30, temperatures will be in the low 50s. I dont think youll have to worry about sprinkles falling on your head. Thats the possibility tomorrow as far San Francisco, but everybody looks dry. Temperatures will warm up by the middle of next week, tuesday, wednesday, thursday, bringing us to the mid60s, which is closer to whats normal for this time of year. In terms of additional rain chances for the bay area its not in the sevenday forecast. There are hints the following weekend , or beginning of thanksgiving week will get active once again. Thanks, paul. Next, reviving black owned businesses , and we are looking at the area once known as the of the west. Find us on San Franciscos fillmore was a place once considered the place of black brilliance, black achievement, and black history. Then it became a focus of urban renewal, in an area that was known as the harlem of the west. We feel like our voice wasnt heard as the African American community being based out of fillmore so long, so that is bringing it back. Harris, in our community, is driving a force called in the black. Its aim is to sustain and revive blackowned businesses in that fillmore district. Justin andrews of kpix 5 spoke with two about their soon to be new home there. Outside the Fillmore Center in San Franciscos fillmore district, see anna is the owner of sick apparel. Expect this is one of my latest designs, its pretty fun, it showcases my different patches. And you can see what she does, she makes clothes that represent the proud resiliency of being lack. That resiliency restrained by high rent, so she does not have brick and mortar. The world is constantly being parading us. There were tons of black businesses, this used to be the black mecca, the harlem of the west. With these business owners, there is a plan to revive. Its called in the black. And it will promote wealth building for black businesses. This business has no storefront either, but shes ready to make this her income. Thats the pure joy from qwan that this will host 22, offering affordable rent. From 6000 15,000 a month, so lifelong. Words cannot explain, but god is opening doors, and im going through them. A door that used to be a Check Cashing place taking money from the black community , which will now be an economic anchor for multiple black entrepreneurs. Its coming full circle to bring my products here. We hope to bring support to all the other black businesses in the marketplace. That was a great story by Justin Andrews vo a Medicare Advantage plan should come with all the benefits you want and zero compromises. With Anthem Blue Cross, it can. Just go to anthem. Com answers or call 8337974179 for a free oneonone medicare plan review. 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A celebration to honor americas veterans, for your patriotism, love of country and willingness to serve and sacrifice through the common good. One, two , one, two , ready, go. The United States marine corps. All i know, is it is cold and dark, im a p. O. W. , im an american even though my body is in prison, my mind is still free. United states air force. Feeding as many people as want to eat for free for the veterans day parade. Come out and have a nice request and enjoy the day, because its all about them tonight. Captioning sponsored by cbs odonnell tonight, tornado watches and warnings on the east coast as the remnants of hurricane nicole drench major citys. Heavy rain and isolated flooding forecast from georgia to southern canada. Plus, the news about the cold front on the way. Cbs Elise Preston reports tonight from florida. Counting votees that could decide control of congress. Plus, cbs Major Garrett with breaking news about Donald Trumps next move. 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