tv ABC7 News on KOFY 1130PM KOFY August 24, 2015 11:30pm-12:01am PDT
live from the kgo broadcast center. this is abc 7 news. >> tuesday training is underway in asia, a day after the worst plunge in over 7 years. >> so far, it's lost 6%. >> and the necay also dropping. good evening, i'm dan laesh. >> and good gbegin with worries wall street. >> the dow average dropped almost a,000 points and in the end, it was the worst day in four years, down almost 600 points.
>> and lillian, one sillicon valley power housemaid a move that helped the rebound? >> reporter: that's right, as bad as it was, it could have been a lot worse, if not for an email from apple ceo, tom cook. moments later, stocks rebounded, thanks in large part to steve cook. saying that his company is doing just fine in china, despite the slumping economy. >> here was the fundamental assumption that china was impacting their business, when in fact t wasn't. >> but theeect of the email only lasted so long. the dow down about 3.5%. the white house asserted calm.
>> i would say the on going strength and resilience of the u.s. economy. >> reporter: there doesn't seem to be panic here just yet. just a wait and see attitude. >> don't do anything foolish. so, for the moment, i don't do plan to do anything. >> reporter: but how much more can people stomach. a figure has most people hoping that sell off is coming to an end. >> and we will bring you the latest when trading resumes tomorrow on wall street. on abc 7 morning news at 4:30. five families have been forced from their homes. you can see the damage on 31st near market street. the city has deemed it unsafe
and in danger of collapse. red cross is helping. the former resident of discovery sales has taken a plea agreement. abc 7 news reporter is live in the newsroom to explain the case. >> reporter: it's an on going investigation. it outlines the connection between a prominate developer and his family to questionable home sales. they housed seeno family businesses. today, a plea deal involving a former employee for conspiracy to commit bank fraud. >> the company is the largest privately owned construction company in the bay area for
building homes. they build a lot of homes. >> reporter: a company created to sell homes built by discovery builders. >> this is about a mortgage scam where they were misleading underwriters babout the true value of the home. >> the seller gives 50,000 cash back to the buyer without the lender knowing, or perhaps caring. thus, inflating the market. >> it's something that i saw a few times as a listing agent. i saw offers come in that were like that and i treated them as suspect. >> they are over inflating the price of the homes, which lead to the mortgage bubble.
>> reporter: we've reached out and not heard back. one year ago today a magnitude 6 earthquake and i saw some of the damage still quite evident in napa's historic area. and here's a look at one office building then and here's what the same building looks like today. under construction and still waiting to be back in business. repairs began today at a napa school, st. john the baptist school. school officials tell us the building suffered nearly $800,000 in damage. and it took so long because of
historic property policy. >> and of course, when you think of napa, you think of wine, and tonight, allen wong joins us live with how the wine has faired in the this year after the quake. >> reporter: the historic napa county court house is red tagged on the day of the earthquake. and the wine makers are doing much better, despite the earthquake, 2014 was a good yier for wine, despite it landing mostly on the floor. david gray's lost most of his wine but the pinot survived. 280 wineries suffered an
estimated $80,000,000 in losses. and rob mcmillen aseshed the damage. >> the best thing in term oz of the timing is most of the barrels were not filled up at that moment and the second part was it happened in the morning, otherwise, we would have had barrels working on top of workers or tourists. >> reporter: it stunted the growth of the vine. >> all of this roots were on one side of the fault rupture. >> reporter: one year later, they're on the mend, working to secure their barrels, and adding early earthquake detection alarms and some are even building cages for employees to seek covering in. >> napa celebrated its purers
perseverance today and they said about 85% of the construction sk complete and city leaders are also looking to the future, becoming better prepared for the community's next emergency. the napa wine train have apologiz apologized. a women's book group were removed and later, they were shocked to see facebook post in which a wine train staff member said they physically abused other members and staff. >> it wasn't accurate, that's why it was taken down immediately. we've been trying to reach these book club members so we can apologize in person and set things straight. >> thousands of people using
the #laughing while black. and cell phone video shows this train at the 12th street oakland station passed. a pan stepped in front of a train and there were delays of four hours. three americans who preve prevented a train attack, received france's highest honor. and up next how the home. town of sacramento plans to honor their bravery. and the car company accused of over charging wemen. and your morning starting off with fog. but first, let's take a look at what's coming up on "jimmy
hold a parade in their honor. and their family and friends are beaming with pride. >> reporter: the team that took down a terrorist, originally came together at this small christian school in fair oaks. anthony sadler's sister said that's why and when they acted as one. >> i don't know how they would have acted if they were by themselves. >> reporter: after christian school, two of the boys enrolled in del campo high school. and here's the guy who posted video from the train. >> nobody thinks they'll have to save some people on train from a terrorist. >> reporter: spencer stone stayed all four years and played
varsity basketball. >> the amazement is how these guys acted curagesly and pulled this off. >> reporter: three young men, friends for life in every sense of the word. in sacramento, george warren. san jose's national airport is getting 3.5 million from the faa to make it harder for people to sneak onto airplane property. insurance giant geico says it will pay $6,000,000 to set alc alcomplaint accusing them of paying more for women and charged them as much as 64% more
for a minimum limits policy. we have more on the settlement on our website. today also marks the anverse of a couple married on the day in the quake. matt and katelyn lost their kate rr and baker. instead of freaking out, their family got a food truck and a cake from cost co. and one year later, they're now eexpecting their first child. post your pictures with #abc 7 new. isn't that a great story? >> and costco cakes are good. time to turn to our weather. >> it was awfully warm in wine country but cooled off nicely in
the end. yes, it did. and believe it or not, some wet weather. fog in the north bay and the fog is very shallow, so you will want to be careful in the morning commute. a live, beautiful look at the moon trying to show through the fog here and here's a look at the forecast, warming trend through thursday. and slight chance of showers on saturday. high pressure pretty much going to control our wether for a few days but it's not going to bring the hot weather with us and not too hot or cool, we'll call it just right the next couple of days. and then we'll notice that a cooler pattern sets in for the rest of the week and it will bring in rain to the pacific northwest and all that smoke
causing air quality alerts right now, so we're going to continue to see the air quality improve, the fire conditions improve for the crews up there. and there's a slight chance that a few showers will make it down with the best chance in saturday in the bay area. and last 12 to 24 hours, drenching rains, they have gotten flooding concerns and flash flood watches are still going and thunderstorms again. so, it's tropical moisture but not associated with kilo, which is now just a depression. it's expected to go way from the hawaiian island chain. and category 1 expected to move away from that area. so, nothing like what they saw in the last 24 hours, which, we of course could yooe use here in the bay area but won't get
anytime soon. and fog is what you'll need to watch out for and for the afternoon, it's a warmer day, low 90s. 84 san hosjose. occasional high clouds mix in with the sun after the mornling cloud and a look at accuweather forecast and still beach weather, warm friday and slight possibility of showers saturday morning. only 80s. cooler than average as we hit the weekend. well, just ahead from a galaxy far, far away to your kitchen. >> the unlikely place you'll soon see the kwarkt
we'll bring you any updates in this news cast. and let's move on. the plaudict placement is strong with this one. our parent company, diz naez has teamed up with campbell's. and the movie comes out december the 18th. you can't fight darth vader and the eval empire on an e. ea stomach. i don't know that i want to be staring down and looking at chau balkau. i want want to eat him. and ron washington was a very busy man tonight
. this abc 7 sports report is brought to you by xfinity. and a's made one change today, firing third base coach, replas him with their old coach, ron washington, who was on the staff. a very busy man in seattle. third inning, franklin gutierrez and that's way out. mariners up 4-0. and oakland has just one hit for the first four innings. and then explode, 7-run inning. and great hustle here by josh ruttic. and we're tied. and iwakuma threw a no hitter
thirty-two nights ago. and the a's go on to win 11-5. cubs riding high themselves. chris bryant, walk off home wr two down in the 9th, giving them their fifth straight win. they've nguyen 1 -- 21 of their last 26 games. and the indicars come to sonoma. and yesterday, sage carem crashed and parts of his car flew through the air and a large part of debris hitting wilson in the head, and he died that hospital, only 37 years old. safe to say, no one expected this. he's turned into the star of the
preseason for the 49ers. and averaged 28 yards for punt return yesterday in the 9er win over the cowboys and still learning. >> i'm still a long way off from where i want to be. i want to be able to go in to games confident that everything i do i'm comfortable with. for me, i'm just taking in as much as i k and conting to get better ever day. >> and fun to watch. now, back to our breaking news we first told you a moment ago. here's our first look at that fire in san francisco's mission district. it spread to two residential buildings. and we'll bring you more updates on the