Again. Bob iger joins us in a few moments. Apple looks set to continue. But Merrill Lynch adding insult to injury. And tonight tesla and fitbit coming out. But first up disney reported better than expected earnings. But they were hurt by slowed growth at the International Theme parks but still up more than 20 so far this year. And well have an exclusive interview with bob iger in just a few moments from now. Jim, you were up very early reading through the quarter, reading transcripts, i assume. You said today is the bears day. Well, i think a lot of it is selfinflicted pi disney. They gave a prediction which was a high single digit projection for cable. Its about 42 of their business and they missed the projection. When you set a benchmark and you underperform, even if its not as important as other things, you have to take the pain. And theyre getting punished for that. But lets find out. I mean, he certainly knows more. And for joining us is bob iger, lets go to it. You gave us three
Live from the kgotv Broadcast Center this is abc7 news. On on the fence tonight is San Franciscos mayor and other city leaders accused of taking bribes. Accusations coming from attorneys in a high profile corruption case. Im dan ashley. Im ama daetz. The lawyers say mayor ed leigh and a happenedful of happenedful of handful of officials are making accusations. He says he ran a Clean Campaign and accusations are warrantless. Attorneys for the former chinatown ringleader say prosecutors should drop all charges against their client. They say he is a victim of selective prosecution indicted for corruption while city leaders like San Francisco mayor ed lee walked away unscathed. Curtis briggs is one of his attorneys. He sat down with federal agents undercover. He took money from them. His staff took money from them. He was supposedly knowledge knowledgeable about what the money was for. They were one of the staffers who told an undercover agent you pay to play here. We got it, we know this.
Of 2014 without their officers firing their weapons, and 10 consecutivemonths in 2013 with no officer involved shootings. In oakland Haaziq Madyun kron4news pam an armed Home Invasion has residents on edge tonight after three men forced their way into partnership with abc 7. Officials say the same flag was flown at ground zero after 911 also on the last Mission Agenda nasa this time the flag flew here for 15 hours one hour for each year underserved in the Police Department a brief ceremony brought out dozens of people including blood news parents the other flag was carefully removed and will be ready for it is next displaythe fire has destroyed more than pam the happened last night in fallout so the suspects are still on a loose again, and live a Police Headquarters 9and this all started with a piece the delivery . Reporter years we have to ask yourself as someone not in your door and said hey at a pizza for you would open up the door and whether you ordered it or not problem was once
This is the northern flank of the fire. This is the area where firefighters were hoping to hold the flames. 15 minutes that way and beyond into the smoke there is a battle going on to try to put out the spot fires and another fire that has been working its way up the ridge across highway 20. Reporter the rocky fire now 60,000 acres and growing is doing everything firefighters didnt want it to do. Smoke to firefighters with 20, 30, 40 years on the job. They say this is unprecedented. [ indiscernible ] reporter the assault is a water battle. Air dropping helicopters take turns filling up and dousing the flames. Like a dangerous game. One spot is beaten down and another springs up. I have concerns. Reporter along highway 20. You can see the flames. This is where they are trying to hold the fire. Take a look here. It already jumped over the highway. 3 00 p. M. , clock work the last couple days. This is the time the fire starts making runs. Reporter far from it all at the red cross shelter
Seventh straight session. Dropping triple digits today. For the year the dow is actually down the better part of 3 . S p 500 is still positive for 2015. But its broken a technical level, slipping below the 200day moving average. Twice in the summer it has bounced on that. Will it do that from here . The dollar hit highs not seen since april, but if im looking at the screen to the right of me correctly, it is raised those gains and now in negative territory for the session overall. Despite that, Oil Continues to be under pressure. Prices down about 5 1 2 percent for the week. Oil light sweet crude is just trading above 44 a barrel. If we break that it will be significant. Check out the yields on the benchmark 10year treasury notes. Yields down to 2. 18 . Despite the view that the fed might be hiking on this payroll data in september. Vrm the nasdaq is the biggest loser right now. Kate rogers is following the action. It is not quite as ugly as it was here yesterday. We are less than by t