Bigger percentage drop than the dow. And thats just today. Investors here are clearly spooked by whats happening in china. Trading was stopped automatically for the day for the second time this week. Chinese markets have lost 10 of their value since the start of the new year, fuelled by growing concerns over china devaluing its currency clearing its way to a weakening economy. China has been on a bubble for a long tiemg. Until they get a really steady and firm economy thats based on manufacturing and services and technology apple, facebook and yahoo, each down with 46 . Chinese investors give, is the bay area economy threatened . Its such a diversity of talent, such a diversity of industry here, we are relatively immune to whats going on outside of our little bubble. Translation, dont panic. A report shows fewer americans applied for Unemployment Benefits a sign that the labor market remaining strong in 2016. Turning to the weather right now, even though its not raining at this moment, were still feeling the effects of el nino today. Trying to catch some big waves today where you can see lots of surfers on the water there. Abc 7 News ReporterWayne Friedman is there with a closer look. We knew the surf would be big today as we came over the mountain to halfmoon bay. The surf was hitting the coast so hard that literally, the spray was coming up. It looked like a fog. It was a white mist all along the coast. On a day like this, people go to mavericks. Take a look at the Pacific Ocean in an angry mood. Most, but not all. Reporter which is why frank solomon ventured into mavericks wake today. Theyre world class surfers in a world famous spot ready for world class waves in their upcoming world championship. But when it comes down to following it for three, four days and then it gets down to two days out, then we make the call. Jeff clark will be the man who makes that decision. He started this contest in 1998. Has written the unruly waves of certain and business and now, in the wake of el nino storms, his contestants are gathering with those who like to watch. They lined the cliff today. People like to watch people do amazing things. What this flirted was at the intersection of danger. The surfer who holds the wave for the largest wave ever ridden, today, hes okay after leaving in an ambulance. I dont know if its a torn rotator cuff or just pulled the muscle. So, no, its not just another desk day at the office. From mavericks beach in halfmoon bay, Wayne Friedman, abc 7 news. Forcing officials to close the pier in pa sfica. Warning from coming out and witnessing the huge waves crashing along the coast. You can see the waves slamming into ocean front homes in malibu. The homes are built up to avoid Serious Problems and officials are still keeping watch there. Today, just a brief lull. Were looking toward the east bay hills with a lot of sunshine outside today. Spencer christian joining us with our first look at the accuweather forecast. We had a couple of light scattered showers. Generally, weather has been calm and cry. But its anything calm. We have a High Surf Advisory in effect until 4 00 tomorrow morning. Look at the wave heights up around 1519 feet right now. Westerly swell driving these high waves, large breakers are in between wave sets also likely. Heres the view from the tower. Looking north ward, under partly cloudy skies at 53 in San Francisco right now. You see a few dark clouds there. Mostly clear this evening. A few high clouds and really chilly with overnight lows. Ranging from mid 30s to mid 40s. Tomorrow afternoon, we see clouds thicken, high temperatures in the mid 50s and our next storm arrives tomorrow night. Larry and alma . Thank you so much, spencer. All the rain weve seen in the past few days, its tough on trees. Theyre already weakened by the drought. You can see Tree Trimmers chopping up a 50 foot tree that fell on the road. Were told the train blocked out Water Service for some time this morning. A rock slide has closed the highway 140 heading into yose Yosemite National park the National Park service says it may have been a factor in this. Park rangers are not sure but it will be closed at least through the rest of this day. Thankfully, nobody was hurt. Tracking the right conditions and weather on the road with the news app. Just enable push alerts for Severe Weather and breaking news. A new initiative in the citys effort to reform the Police Departments use for their use of force policies. This is in the wake of the Police Shooting of december. Abc 7 News Reporter is live at city hall with the story. Alma, the mayor met privately with a group of African American leaders here at city hall. He had that letter with the initiatives prepared for that meeting. Since that controversial shooting, the mayor and the police chief have come under fire. In fact, today, some of that anger spilled over to his home. A small group of about 15 people conversed on the home. Their protests ranged from homelessness to the Police Shooting of mario woods in early december. That shooting weighed heavily on the shoulders of the mayor, who has issued a memo to the supervisors and the Police Commission. A deadline of january 15th to submit budget requests for training and weaponry. Hes asked police chief to craft. Today, the mayor briefed reporters on what he wants the new initiatives to reflect. It has to do with deescalation practices. How do we get there . New training. Making sure its transparent. Making sure its reflective of new practices. The mayor has responded to the anger among African AmericanCommunity Leaders by directing the chief and Police Commission to make sure lethal force is the last resort. The chief says some of these reforms are already happening. We already have almost 400 officers, crisis intervention training, lee says he wants the reforms to reflect the department of justices recommended guidelines. Weve opened ourselves up to a total review, by the way, of department of justice and the cops review program of everything were koing. Next week, the chief will meet with department of justice officials. Vick lee, abc 7 news. Oakland police are asking for your help fighting 22yearold sterling value dez, who is the suspected gunman in a shootout on broadway near 14th street. Sterling valdez is described as African American, 58, just over 150 pounds, last seen wearing a light colored coat with white pants. Abc 7 news received two of the suspects photos. He says the man broke into his home around noon yesterday. Investigators are still trying to figure out exactly what was taken. A walnut creek 7elevens robbery happened just after 11 30 on pine street. The person got away with an undisclosed amount of cash. 50yearold Denise Slater has pleaded not guilty to misdemeanor charges of civil rights of two muslim men last month. One of the alleged victims captured cell phone video of slater shouting insults at them. He says slater threw coffee on them. Slater is allowed to remain free on his own recognizance. Her pretrial date is set for february 26th. Still ahead on abc 7 news at 4 00, a record budget. The governor lays out his spending plan for the state. One private company is taking this very public problem into its own hands. Plus, maybe doing you more harm than good. The new guidelines that could change how you eat. The first live look at the afternoon, oncoming travelic, the northbound traffic on the lefthand side. Thats backed up a little bit at this hour. Moving smoothly on the righthand side heading back to the were always looking for ways to speed up your Car Insurance search. Heres the latest. Problem is, we havent figured out how to reverse it. For now, just log on to compare. Com. Plug in some simple info and get up to 50 free quotes. Choose the lowest and hit purchase. Now. If youll excuse me, im late for an important function. Compare. Com. Saving humanity from high insurance rates. Governor jerry brown said the state budget is in good shape, then laid out a record of 170 billion planned for californias next fiscal year. Mostly every program you can hear about in the next nine months will be good. And will help people. But we also want to look at whats the capacity of the state and whats the willingness of taxpayers to pay more. The reflection of efforts to balance fiscal restraint with increasing demands with social service and health care demands cut during the recession. The budget isnt fiscally responsible. Coming up at 4 30, the local Company Helping break the financial gap when it comes to transportation. Yahoo is planning to layoff 10 of its work force as early as this month. Were talking about a thousand jobs. The Silicon Valley business reports is reorganizing yet again to get its business back on track. Cuts are expected to hit yahoos Media Business as well as european operations and platforms technology. Yahoo is declining to comment on these layoffs but has acknowledged the changes are taking place. Redwood city will no long er passport changes. New dietary guidelines are out today and sugar just became public enemy number one. The guidelines suggest sugar to no more than 10 of your daily calories. Mary poppins mantra under attack. A spoonful of sugar may help the medicine go down, but sugar and salt are contributing to american obesity and chronic disease. This is the first time that the dietary guidelines actually recognized that and have limited them appropriately. Nearly half of the sugars in our diet come from soda, sports drink or sports drinks. Fruit juice is just as bad as soda. Dr. Robert, professor of pediatrics says the new guidelines are a big deal for the nearly trillion dollar Food Industry. Lets be very honest here. The dietary guidelines are not for people. People do not watch what they do. The number of people who can do the computations in their head as to what theyre consuming are vanishing few. The dietary guidelines are for the Food Industry so they will hopefully reform late products to meet those dietary guidelines. But you dont need to wait for industry changes. If you want to start the year on the right track, the strategy is simple. Three words. Eat real food. If the food came out of the ground or if the animal ate the food that came out of the ground and is brought to you in that form, youre good to go. Heres the good news. You dont have to worry about the natural sugar in apples or raisins, the doctor says. Simply watch out for those processed foods. In the news room, tiffany wilson, abc 7 news. After 21 months, renovations of the crown jewel in San Francisco are nearly complete. Abc 7 was at the park today as the mayor took a tour of the parks popular south side. Updates include new grass, a new picnic area and off the leash dog area. Similar updates have already been made on the north side. The mayor says park rangers will be watching constantly to make sure it doesnt become known for its trash problems than its spectacular views. Multiple uses of the park should be respected by everybody. Thats going to be a challenge for the park rangers. The park is scheduled to fully reopen next thursday. All right. Back to the forecast after rain and rain and more rain. Finally, the sun was out again today. Yes, but is there more rain . Theres always more rain. Heres a look at live doppler 7 hd under mainly sunny skies right now across the bay area. We have calm weather conditions. We have impulses coming our way. Especially in the north bay where santa rosa has seen over three and a quarter inches of rain. These are forecast features with a little break of active weather and tomorrow. The storm arrives tomorrow night and continues into saturday morning and another break from the action on sunday. Before we get to the next storm, we remind you that our storm impact scale is here to help you prepare for these oncoming storms. We rank the storm from 15. Our next storm, tomorrow night, saturday, ranks 1. It will be light in intensity with under half an inch of rain. The winds will not be a major factor. Clouds will be thickening by 10 00 tomorrow night. Rain will begin arriving first in the north bay and then 11 00 p. M. Up to midnight and all parts of the bay area. Mainly moderate rainfall, probably some areas of locally heavy rain. And then well see the rain breaking up by midday saturday. Looking ahead to saturday afternoon, rainfall totals are expected just under a tenth of an inch up to about perhaps half an inch of santa rosa. Overnight, partly cloudy to main skies, low temperatures a bit on the chilly side. Tomorrow, partly cloudy skies in the afternoon. Highs will be in the same range. Well see around mid 50s. Heres the accuweather 7day forecast. Here we go with another string of days that will produce some rainfall. A storm number one for saturday, a number one coming in on monday and another one coming in on wednesday. So the pattern continues. Rain just about every other day. Larry and alma . Thank you so much, spencer. Up next, star wars, the force awakens, gets set to open in china. As if it really needed anymore hype, this weekends release of star wars, the force awakens, in china. Disney hired alist pop star lu hahn to sing the inner force, the official theme song in china. The force awakens surpassed avatar at more than 760 million. The force awakens, as you know, is produced by disney, the Parent Company of abc 7. The annual award season is now up and running. Star gathered for the peoples Choice Awards. The film, furious 7 came out the big winner for favorite action movie. On a tv side, abc 7s greys anatomy. You know whats crazy, people come up to me and know that im feeling weird being here because i dont know anyone. So its so nice. I mean, everyones been so wonderful. The peoples Choice Awards will likely be reviewing its security protocol after a man ran on stage and grabbed a mic during one of the presentations. Check it out. It was eventually chased away. Yeah, youre lucky vin diesel didnt get ahold of her. Heres your 60 second hot list from gma today. Cnn Headline News anchor and her husband speaking out this morning for the very First Time Since being caught in a deadly shootout. When you are getting very emotional here. Ive never cried on the air before. But when we talked about that night, i think about watching him get shot. I came out of the shower looking for a towel and heres my wife flying back wards through the air with this decembsperado pointing a gun at. Everyone is talking about tom brady and grazel bunchs plan. No smoke and mirrors here. Its a very sensible, healthy way to eat. And it shows. What do you have for us . The Texas Southern chili, everybody. Yesterday, when you did your nachos, you said straight hand, bring it. Bring it michael. Yeah, you did bring it. And thats the gma hot list from today. Well see you in the morning on gma. I dont know if the bradys are eating that. That is not even allowed. You can catch robin, george and the rest of the team right here on abc 7 following the abc 7 morning news. Abc 7 news at 4 00 does continue. Sounds of relief after 17 trapped miners were pulled to safety. And frustrated drivers looking for some kind of relief. But they may have to turn to private businesses instead of the state. Just about everyone trying to become a winner. Here are the headlines as we come up on 4 30. Its been a scary start on wall street with stocks plunging again today. The dow dropped 392 points, the s p fell almost 2. 5 . The dow is now down 5 in 2016. Thats the worst fourday percentage to begin a year ever. Analysts are blaming china. The volatile shanghai market opens in less than an hour. New at 5 00, Laura Anthony explains the action the state is taking to get to the bottom of potential abuse. Also at 5 00, governor jerry browns 20162017 budget is out. More with how bay area schools stand to increase spending including the maintenance of highways and roads and the expansion of public transit. But as we wait for improvements, some Tech Companies are taking matters into their own hands. Abc 7 News Reporter chris wynn with more on what facebook is doing to help folks get to work faster. We know that traffic problems here in the bay area arent anything new. But, still, they say not enough is being done to make it any better. In the bay area, much of our lives are spent stuck in traffic. I am not as productive because im in the car for so long. Its frustrating. I have to leave. Probably an hour before classes start. It should usually take about 25 minutes to get there. The proposed budget, nearly 37 billion will go toward transportation. The more roads you have, the more you have to maintain and rebuild it. And theyre driving, but we have 332 billion miles. Thats a lot of wear and tear. But as we wait for improvements to infrastructure, some are taking matters into their own hand. Facebook will contribute 1 million to help fund the study to improve transportation along the corridor, including rail service between san mateo and alameda counties. If more isnt done to help these Companies Get their employees to work, some could eventually move out of the area. We need to get ahead of the curve and build the Transportation Systems that are going to maintain the viability of our rapidly expanding corporate headquarters. Meanwhile, drivers remain skeptical about how long it will take for relief. This is a booming area. In san jose, chris wynn, abc 7 news. 17 miners trapped nearly 80 stories