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steve jobs is out. we re going to talk about why he left and we re going to talk about the old boss and meet the new boss. here is a look from mount tamalpais this morning, a lot of clouds. this only way you ll see the sunrise. drizzle for your morning commute. cooling trend deepens in your forecast. good morning, i m sue hall. newark, we could have possible delays. more on that in just a few minutes. thanks for joining us. kristen is off today, i m eric thomas. we begin in placer county in the town of lincoln where 4,000 evacuees are headed back to their homes after fire crews snuffed out a massive tanker fire that has been bunk for days. families were evacuated because fire officials were concerned that the tanker could explode and level everything within a mile of the fire. now, lincoln s fire chief says the blaze burned itself out overnight but there is still propane inside the tank. crews plan to shoot water on the tanker for the next several hours. here is ....
everywhere you look today, bad news. the numbers are ugly. the dow down 480, below 11,000. nasdaq down 138. s&p down by 59. more money going into the safe havens, gold at a record high $1,822 an ounce and more money with u.s. treasuries with yields at record low sending people to refinancing. getting to what s causing the market to drop, there are things in europe and the u.s. starting with europe, they got the ball rolling this morning. there are several countries in the eurozone that now want greece to put up collateral for their second bailout. if greece defaults, then you will see all sorts of european banks with heavy exposure to greek debt have big-time problems and many u.s. banks have a lot of exposure to those european banks. everything is tied together. the u.s. economy got a report today that u.s. jobless claims spiked back above 400,000. we got a report that existing home sales fell by 3.5% in july. the housing market is depressed. then a key manufacturing r ....
install a steel plate outside the window of the suspect still holed up in the extended stay hotel, which is here behind me in san rafael. that allowed them to feel as if the highway was safe enough that that plate would catch any bullets if he would happen to fire another shot. this started at 11 a.m. miss were trying to arrest a police were trying to arrest a man they thought stabbed a man during a holdup sunday. the man fired a shot from the hotel overlooking 580 and then locked himself in his room with his girlfriend beginning the standoff. here s a picture from the unidentified suspect from supermarket surveillance video. police haven t given information on negotiations but are proceeding caution. i m here live with margo rohrbacher with the san rafael pd. thanks for being with us this morning. the negotiations continuing, how have they gone overnight? they have slowed down given it s been a long day and into the nighttime hours but the lines of communication ar ....
seems to be riding on the negotiate negotiations taking place. rob roth, ktvu channel 2 news. back live and give you another look at the traffic nightmare caused by the stand off. this picture is a live look at a empty interstate 580. not a car in sight because over a mile stretch of 580 in both directions is still closed between drake and 101. this is a sight you rarey ever see. the second picture comes from news copper 2. there is a huge back up in san rafael. it s the richmond-san rafael bridge. the bridge has been shut down for hours. it is now open but there are serious delays because the chp is detouring traffic around the area of the stand off. again, if you have plans to be in the san rafael area tonight and going to rely on the richmond-san rafael bridge, you may want to make other plans. take the bay bridge, it s a longer way to go but you may get there sooner depending on when the situation clears up. we will stay on top of the situation. we will have con ....
terry mcsweeney has the latest on the tactic they re using. one problem solved and one continues. they still have a gunman holed up. you can see the fire truck there. the ladder giving police and other authorities to the roof of the extended stay hotel. they have been out on the scene for a while now but they have managed to make the situation safer for everyone. look at how they did that. a crane was rolled in last night. about 12:40 this morning it took a sheet of cast iron one inch thick and brought it up to the room on the second floor where the gunman has been holed up since yesterday morning. this is the gunman that has fired a shot. now that the one-inch thick piece of steel is there it s no longer a threat to anybody on 580. now take a look at the suspect. this is a person wanted for shoplifting and assault. sunday he shoplifted from a store in san rafael then he was surrounded by the store employees he slashed one person and stabbed another. he came out here ....