. >> oracles american cup team escaped unharmed after a mishap. oracles a c45 catamirand capsized. the vessel sustained minor damage. no one was hurt. oracle expect to race tomorrow. we were not set up for the run the captain said. they encountered high wind and choppy waters. >> one day after the federal judge entered a lock out. they were around the league today . nearly every team did not allow playier to work out at the request of league management. the nfl want to keep things quiet until the judge rules on its chance to at a in the appeals process. >> for the work outs there is big money, too. one new york jet has an off season work out bonus in his count rye. >> we'll do everything i can to make sure i receive that. and trying to get the season started and make every effort to come in and do the things that we know will help with the building and successful in the coming year. >> the judge is expected to rule on the request tomorrow. >> in november, san francisco residents may decide whether to ban male circumization in the city. the lead proponent calls the medical procedure

." >> reporter: the oracle of omaha is considered one of the greatest investors of all time. but some say he may not be keeping close enough tabs on his employees. >> i think this is very poor corporate governance. i think many companies want their senior executives to clear

back in two thousand and one oracle was creating slightly more jobs in america than overseas but in two thousand and ten are more jobs are being shipped off sixty six thousand of them created outside the united states only thirty nine hundred here or thirty nine thousand here what about g e that's so-called all american corporation defense contractor and forty nine percent owner of n.b.c. but on the pays no american taxes on their billions in profits are they at least contributing to the economy by hiring american workers. now in two thousand and one they were bare early creating more jobs than over in the u.s. they're overseas but by twenty ten they created more than one hundred fifty thousand jobs in foreign countries only one hundred thirty three thousand. and finally caterpillar more jobs in the u.s. back in two thousand and one but today far more jobs more than fifty seven thousand jobs were sent offshore. you lost your job clover seize to get it back this isn't just a coincidence he's guys actually have an annual conference about how to off out so outsourcing off shore america

there was also a third shooting at about 11:00 last night, about two miles from oracle arena. a man was shot multiple times outside the 1800 block of 72nd avenue. and he is listed in stable condition. so three shootings in about three hours. no arrests in any of those as of yet. >> sharon, thank you. in oakland. >>> an alarming wakeup call in san francisco. after a fire destroys a three-story residential building. investigators believe the fire started accidentally and was electrical. the blaze broke out just after midnight on powell street in north beach, leaving about a dozen people running from the burning structure. three elderly residents suffered minor injuries. the fire chief says the damage is so extensive, the building is uninhabitable. a relative of a burned-out resident spoke with cbs 5. >> it has been kind of sad. that's all. it seems sad. >> yes. >> but it is an arsonist, it f-it is arson, there -- if it is arson, there was a similar fire like this, in a building like this. in an alley. if it is something like that, that is pretty bad. very bad. >> the fire caused

highest paid ceo at $70 million, but larry ellison's $1.8 million bill for private security goes to oracle. >> so out of proportion. >> reporter: steve jobs only takes a $1 salary, but apple reimbursed him $248,000 for his jet. the $90 million gulf stream he gorst as a gift in 2009. and his bite of apple shares is worth about $1.8 billion. yahoo's carol bartz took in $39 million in 2009, and didn't have to pay the lawyer who negotiated her deal. the $110,000 bill went to yeah hooites-meursing. -- went to yahoo. >> well, they should be paid well, but i don't think it should be in excess of millions while others are being laid off. >> i think if the company is profitable, then i think it's acceptable. >> reporter: agree or not, there's no denying the perks go way beyond cash. google can park two helicopters and six jets at nasa's moffatt airfield. critics say it's special treatment that allowed these three to fly to tahiti and a wedding in montana. >> mark hurd, when he was here with hewlett-packard before he got booted and went to oracle, had his tax planning fees paid for. >> reporter: the

one tech to watch tomorrow may be oracle. after hitting a new high, shares fell as much as 1%. its chief financial officer resigned and president of oracle safra catz will take over the duties permanently. and that's tonight's "market focus." >> susie: late today, a victory for professional football players. a federal judge ruled in favor of the n.f.l. players, lifting the owners' lockout. the owners are expected to appeal, but if the lockout lift stands, it could force n.f.l. owners to reopen for business within days. >> tom: tonight's "beyond the scoreboard" looks at collateral damage if there's no n.f.l. season. rick horrow is a sports business analyst and c.e.o. of horrow sports ventures. >> tom: i want to tackle underarmour, big athletic maker, does official footwear for the nfl. and if has been a nice bit of business for t. >> what is at risk. >> credibility t is the fastest growing retailer. they are just about put the take in the sand internationally as well. and the bottom line is they paid a pretty penny to wrest the deal away from nike e adidas and now it's theirs. i

and will it tarnish the oracle of omaha's reputation? >> berkshire hathaway has always been sort of the gold in good corporate governance and high integrity, and this is a reputational cloud that i'm sure they don't like. >> suzanne: we sort out the berkshire affair, and wrap up wall street's first quarter with s&p's sam stovall. you're watching "nightly business report" for thursday, march 31. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. thank you. captioning sponsored by wpbt >> tom: good evening and thanks for joining us. susie gharib is off tonight. i'm joined by my colleague suzanne pratt. on wall street today, there was plenty of talk about berkshire hathaway and david sokol. >> suzanne: he's the executive who unexpectedly resigned from berkshire late yesterday amid surprising revelations about his personal stock trading. sokol was also considered a likely successor to berks

at oracle arena. and brian had 25 points. rely lisless till the finish as the lakers assured their playoff spot. they are second to san antonio. the warriors led the lakers at one point by 19. david lee, thank you kevin. stephen curry knocking it down. curry 20 points, 5 assists. lakers made a run late but lose 95-87. snap as 12 game warriors losing streak to the lakers. been a while since the sharks had a clunker. they won 8-9 and then the anaheim ducks took them apart tonight. cory perry with the toe drag. 1-0 dugs. then perry, in the second, uses his teammate as a shield to score. 3-0. perry gets the hat trick. setting him up. 50th goal of the season. 6-2 ducks. they finish out the regular season coasting the coyotes on saturday night. the playoffs begin next week. more than likely thursday for the sharks. giants finish 2-4. san diego, you want to relax, that's about it. that's number one. with all due respect. would you say? >> i concur. >> pam thinks detroit. i don't blame her. san diego, buster posey hits a homer. lince

esta noche los warriors del golden state reciben a los lakers de los angeles en el oracle arena... los lakers le estan pisando los talones a los spurs de san antonio por el liderato de la conferencia oeste... el partido dara inicio a las 7 y media... esa es la informacion deportiva.... cesar regresamos contigo..... //// cu ---- ultima pausa en el noticiero take vo ---y ya volvemos con el acceso, y ademas: una verdadera nave espacial paso por san francisco, le gustaria viajar al espacio? se puede, pero cuesta un poquito caro !!!! end segment roll open cu / cesar ---- que pasa con j-lo y william levy? blanca ----como !!!!! que !!!! de que hablas???? cesar ---- bueno, se los vio juntos enseÑando piel, que te parece? blanca ---a ver si jessica nos aclara esto ... take pkg acceso total ---- jessica carrillo: hola que tal... ya se saben mas detalles del video que grabo jennifer lopez en chichen itza... resulta que la diva del bronx estuvo muy bien acompanada ya que el modelo de su proximo video es william levy... la cancion se llama "i'm into you", le querra haber dado un mensaje sublim

capitalist oracle society. don and i were chatting just beforehand that it is especially appropriate to talk about jacqueline kennedy at a historical society such as this, because it was jacqueline kennedy who kicked off the movement to have historical societies for our branches of government, so it is the white house that had the first historical society founded by mrs. kennedy in 1961 and then the capitalist oracle society don tells me followed one year later in 1962, and then a few years later, 1974 the supremes as we call them, the u.s. supreme court is stargel society was founded in 1974. .. >> impressive speaker. i have to recall looking back so to me she came across as dowdy but at the time i am sure that she did not. >> we will talk about that are also we will talk about that two and i will serve as a reviewer. but also to read her book. keep that thought about impressive is the keying abilities of her fashion and we will compare it to jacqueline kennedy. other first ladies or you're first memory of a f

naming rights are common such as hp pa vil yan and oracle arena. there are no front-runners. >>> if you missed the national title game, you didn't miss much. some are calling it the worst title game in history. butler couldn't buy a shot. they had no points scored inside the paint. this is the third title for uconn. they shot under 19%, the worst ever for a title game and the third lowest for an ncaa tournament game. they made three two-point buckets. their 41 points they scored are the fewest scored since oklahoma scored 39 back in 1949. back then, they didn't have three-points. >> they made it to the title game. >> were they blindfolded? i don't know. >> nah. let's check the forecast with christina. >> i think everyone had a busted forecast there when it came to choosing the final four. even the guys at espn. hey, your forecast today? a good looking day shaping up for us. we are already in the 50s. you won't need the heavy jacket this morning. as we head through the afternoon sunshine and breeze. a few more clouds. we are going to end up in the 7

the report you were mentioning rounding out the top three was oracle who made $70 million. listen, a girl can dream in the morning, right? we have been seeing this a lot lately, oil sliding sharp on monday. then we have goldman sachs saying lock in profits now. there's a chance commodity prices will shift in reverse. asia markets fell overnight. europe is lower. we have a little data out this morning and the trade deficit that we are watching. just to recap, wall street ended flat yesterday ahead of lackluster earnings from alcoa. the dow slipping to 12,381. it fell eight. also making headlines this morning, college loans are weighing heavily on students and grads. duh. student loan debt outpaced credit card debt for the first time last year and could top $1 trillion this year. this is as more and more students are going to college and more and more are borrowing to do so. >>> okay. and this. this copy of "moby dick" is court si of buick. there are built-in ads. they show up only on the home page. initial advertisers include gm's buick brand, and visa. you can preorder it n

>>nd mark hurd, before he got booted and went to oracle, had his tax had been planning fees paid for. like the guy can't find his own accountant. >> this accountant has spent 15 years covering silicon valley's ceos. he said shareholders are finally getting their say. public companies are required to give them a nonbinding vote on executive pay and social media is changing the landscape, too. >> go and talk to other shareholders about it. yahoo's finance message boards, you can tweet about the stocks you hold and what the ceo is doing. you should form a community of shareholders, because now you've at least have a say. >> i think we should have a say. >> i think it's important as a shareholder myself to voice my opinion. >> but some say the law should go further and make the vote binding. >> i think if they want to give someone some power to say something, it should mean something. >> no doubt it's good to be on top. but these days, shareholders have a clear view of what's happening, too. and more ways to say ha they really think about ceo pay and perks. >> it's kind of embarrassing if

you are looking at a live picture outside of oracle arena. we'll be back in >>> it's 4:44. you are looking at the bay bridge this morning. hundreds of inmates on the loose in afghanistan. many inmates are taliban insurgents, more than 470 people made their way out through an underground tunnel overnight. 100 of them taliban commanders. >>> gabby giffords is getting a travel pass to watch her husband's space shuttle launch in florida this week. the arizona democrat, of course, shot in tucson 15 weeks ago. doctors say she's in the top 5% of recoveries for people who suffered severe brain trauma. she's walking with help and able to communicate with short words and expressions. her husband will be the comma commander when "endeavor "takes off. >>> a first firefightor at&t. it's selling antennas for a suitcase. usually cell phone companies have to send in a truck that acts like a mobile cell tower when disaster strikes. they will be carried by first responders like police so they can have instant cell phone service. >>> after a day long or three-day long weekend wall street gets

. >> oracle tome will try to defend his title on san francisco in 2013. >> very exciting . that's going to do it for us

. >> we talked with that fan thisn , and told me it happened here at the south entrance to oracle arena just minutes after the game end zbld i don't remember getting hit at all. all i remember is stumbling a little bit and getting up and the guy was running away. >> shaun says that wednesday nih left him with a broken jaw and has the x-rays to prove it. >> it's a fracture of almost ale way through my jawbone. looks like it's about 1/2 ifrnl. >> shaun, his father barry and t to celebrate his 25th birthday. barry and shaun were decked out in their laker's gears, and three warrior's fans didn't like it and started taunting and threatening them. the laker's fans say after the game the trio of men ambushed them outside. >> he got in front of me, and we were able to fight and then his buddy came out of nowhere and cracked me right in my jaw and fractured me about right there. >> shaun's father says arena seg to intervene. >> my friend was with the securd , and he said i'm not getting into this. >> the laker's fans said they fm through the parking lot before they were able to drive away, and t

. >> reporter: larry's $1.8 million for private security goes to oracle. >> so out of proportion. >> reporter: steve jobs only takes a $1 salary but apple reimbursed him $248 thou,000 jee gift in 2009. his shares of apple are worth about $1.8 billion. carol bard didn't have to pay the lawyer who negotiated her deal. the $110,000 bill went to yahoo! >> they should be paid well but not in excess of the millions where time are getting laid off. >> if they are profitable, then i think it's acceptable. >> reporter: agree or not, there's no denying the perks go way beyond cash. google can park two helicopters and six jets at nasa's move fit air field. critics say it is special treatment that allowed them to fly to ta heat ta and gavin newsom's wedding in montana. >> mark hurd hads had tax planning fees paid for. >> reporter: owen thomas has spent 15 years covering silicon valley's ceo. >> say no if you think the perks are outrageous. >> reporter: he says shareholders are finally getting their say. public companies are required to give them a nonbinding vote on pay and social media is chang

isolation and cold dark souls is that correct for those categorically incorrect never have carried oracle if you read. a chart in here broadcasting live from washington. do you see coming up today on the big picture. lol slim i've seen you the latest in science and technology from a realm. we've done a few jerks covered. cultures that so much excitement political life monetarily you've seen us waffle for as change reaches across the arab middle east all in is this a new doctrine. if. me please please please. please please please. please. please ily i.

. >>> the warriors meanwhile play at oracle arena for their season finale. remaining tickets are 50% off. tipoff is 7:30. warriors did not make the postseason team. team management promising there will be a roster shakeup this summer. the general manager says coming back in the fall with the same roster would be unacceptable. of course who will be on the move is still up in the air. >>> coming up, how you can help a bay area teen break into stardom on a popular commercial. >>> and the simple exercise that may help your brain fight off alzheimer's. >>> and we're looking past the area where you said the warriors are playing their season finalea that's true. that will be tonight. >>> it's 4:53. we are talking about a bay area teen who's a finalist in the nationwide search for the newest stars of the popular milk mustache ads. she needs your help this morning. back in february the got milk campaign launched a search for nine teen girls who will appear in the next round of ads. anya was one of the finalists. you can vote. so vote for her at myyearbook.com/powerof

april is national distracted driving safety month and right now we are out inside oracle arena waiting to get into the gates. 5:00 a.m. this morning chp will have a news conference kicking off that campaign. making sure you pay attention on the roads. many drivers still using cell phones while driving even though it is against the law. chp starting today is launching the first long month long statewide effort to reduce that. they want to increase the fine from 25 to $50. he authored the 2008 bill that outlawed cell phone use while driving. despite the fine, some drivers admit to texting or talking on their cell phones. >> i probably try and answer a text maybe, but not very often, especially when it keeps raining it feels like something is emergency -- ringing it feels like something is emergency. >> if you end up killing someone you cannot bring that person back to life. >>> the latest statistics from the national highway safety transportation safety administration in 2009 more than 5,000 fatalities were blamed on distracted driving and nearly half a million injury accidents the peopl

last year you were about to lose oracle and the reason why we stayed is because the city gave them a big discount to stay here. now this year they're for sure going to go to las vegas if they realize that we have a loss of employees. and we want to receive the highest quality they deserve. >> budgets haven't all been set yet. all of the departments have been required to present 10% cuts. some of them are reqre

the mavericks taking on the warriors at the oracle arena. a lot of traffic around 880 this evening. the forecast kind of cool. to wrap up the weekend. we'll be bumping back up to the mid-70s on wonder. perhaps cool weather again in sonoma county. coming up .. how stores want to follow you .. with your smartphone .. we check in with a red-hot web company that wants to help you get a job .. amazing technology to show how clean our environ

microsoft, oracle, intel, and cisco all saw their weightings in the index increased. as the weightings change, managers of funds mimicking the index have to either buy or sell to re-balance their own funds. by the way, intel's 1.1% move was the second best today in the dow industrials. after last night's buyout announcement in microchips, texas instruments g a vote of confidence with shares rising almost 2%. it's buying fellow analog chip maker national semiconductor in a $6.5 billion cash deal. texas is paying $25 a share for national semi, sending n-s-m sky-rocketing-- up 71%, but still below the buyout price. another analog microchip maker, intersil, has a deal with sony for security surveillance cameras. that sent intersil shares up 8% as volume tripled. one more chip deal of a different sort-- diamond foods is buying the potato chip brand pringles. owner procter and gamble gets $1.5 billion. diamond stock gained almost 7% to a new 52-week high. p&g lost about 1%. talk of a possible takeover helped boost cubist pharmaceutical shares by 15%. the stock broke through

particularly happy today, it's because they beat the two time defending nba champed lakers last night at oracle arena. >>> they are favorites at a bay area park. coming up soon why you may see more of them. >>> and a check on retail numbers and why people are heading back into stores during this tough economic time. >>> taking a live look at the big board on wall street. numbers have been down all morning despite good economic news. but the latest aftershock in japan is shaking things up a little bit. also oil above $110 a barrel. right now the dow is currently down 30. and the nasdaq down 2. s&p 500 is down 3. now the good news that came out includes the latest unemployment report. it's better than expected as the number of people filing for first time unemployment benefits dropped to 382,000. that's 10,000 fewer than the week before. and continuing claims fell by 9,000 which drop it to 3.72 million, the lowest level since october 2008. >>> and march retail sales are also better than analysts forecast. a wide range of stores including cost co and the parent company of victoria's secret reporte

warriors and blazers at oracle. monta ellis suffered a concussion on sunday night. not taking any chances. the league leader in steals among forwards in the nba. throwing down after that take away. patty mills finished with a high of 23. leigh running the pick and roll. portland locked into the sixth spot. nice look and curry to reggie williams. curry alone for the rare breakaway dunk. warriors win 110-86. they finish the year with 36 wins and 46 losses. will that be enough for keith smart to come back next season? >> we have a lot of guys that develop very well this year, and i think along the way we won some games and won some -- won against some teams we probably would not have beaten. it is over now, but it is not over. we have a nice book we are trying to complete. >> and keith is hoping he is around to write more chapters. it may be the final game in sacramento for the franchise. kobe will leave sacramento fans remembering this, the three to tie it at 199 with four seconds left in regulations. kobe with 36. the lakers spoil the finale for sacramento 116-108 in

one of the suspects is an attorney who allegedly stole confidential information about deals involving oracle, sun microsystems and 3com. he's accused of passing tips to the other suspect, a trader. both men face charges, including conspiracy to commit securities fraud and obstruction of justice. they could face 20 years in prison. these new charges come amid a broad government crackdown on insider trading, including the criminal trial of galleon group hedge fund founder raj rajaratnam. prosecutors in that case are expected to rest this week. >> susie: a nice move up on most of the major averages today. but still investors are cautious, looks like they're waiting for the official kickoff of earning season, which starts on monday, when al ko areports its earnings. >> tom: we don't have to wait too long for that kickoff. still at post recession highs waiting for these numbers here. let's look at tonight's market focus. stocks climbed back after some morning selling to end with small gains, led by financial stocks. it was shares of regional banks helped the financial sector. this e.t.f. here, it

buffett was really the last in a finance in america that had any moral authority whatsoever of the oracle of omaha and he was constantly referenced as the quiet a studious graham following a good guy who would come in and see goldman sachs or before that it was solomon brothers its arms out he's just a conniving backstabbing insider trading market manipulating schmock like. or jamie diamond or lloyd blankfein or any of the other crooks on wall street the fact that he's in omaha doesn't make him any less of all street crooks and charlie monger. needs to to excuse himself from the public forum and just disappear for a while because he's told all embarrassment i don't care how old the guy is they put on your depends and get out of dodge because your back your stinking up the joint charlie munger get out of here david sokol thinks that he would be able to get away with the same crimes that a guy like charlie monger can but i think remember there longly apply selectively to certain people some guys are just totally exempt from them and you see this in this following headline max how a big u.s.

thinking is maybe we should have some special cards printed up during the races that have a big old oracle cup yacht on it, the eventual winner of the america's cup races in 2013, because it will be a token that people can always remember the races by. one other thing to think about -- by september 2013, if we are lucky, we will not only be having these races here in san francisco bay, but we will be opening a majestic new bridge, may be right about the same time. i think that would be a wonderful confluence of events, so even though i have to speak and run today, let me assure you that the commission is going to be with you all the way through the last race. thank you. [applause] >> steve was kind enough to squeeze this in and is running off to a previous appointment. in keeping with the mayor and supervisor mirkarimi's charge that this needs to be a green and sustainable event, nothing could be greater or more sustainable than bicycles, so i'm going to ask the executive director of the san francisco bicycle coalition to come on up. >> good afternoon. thank you to the leadership on stage

of all germany seven games the twenty ten world cup finals the trend continues in the crimea where oracle puckle correctly first saw last night's champions league come between barcelona and shakhtar donetsk this slavic equivalent of all falling out of favor with the local visitors by picking parsa to win the opening match against the crimean club but nobody is calling for his tentacles in the play now after a confident five on win by a couple months identical muscles in boxes with team logos were placed at the bottom of the time he earlier but powerful taking his time before choosing. the only time will tell of course though whether he'll be a successful or famous says. his all your support for see you soon were weather's coming up and that's a. plug for the food we've got to. the biggest issues get a human voice face to face with the news makers. live live .

of all germany seven games at the twenty ten world cup finals the trend continues in the crimea were oracle pavol correctly foresaw all last night's champions league i've films and one game in particular barcelona and shocked are the nets the slavic equivalent of paul falling out of favor with the local favorites by picking to win the opening leg much against ukrainian club but nobody is calling for its tentacles on a plate now after a confident five one win by the cup loans identical muscles and boxes with team logos replaced at the bottom of it so i can deal with pavel taking his time. or sir only time will tell of course whether he'll be as successful or famous as his cause . good luck to you and others all your sport and i whether it's next ten marines here with all the news on top of the are. hungry for the food we've got it for. the biggest issues get a human voice face to face with the news makers on. home. and. all. wealthy british style it's not the best time to.

results of all germany's seven games at the twenty ten world cup the trend continues in the crimea where oracle pavol correctly for so last night's champions league i come between barcelona and shut the nets slavic equivalent of pole falling out of favor with their local visitors by picking par say to win the opening leg much against the ukrainian club but nobody is calling for his testicles on a plate now after the one sided five one win by the casa loans identical muscles and boxes with team logos were placed at the thought of the time with pavel taking his time before choosing only time will tell of course whether he'll be a successful or famous person is. great stuff another is all your sport for i'll see you soon or whether though it's just around the corner. i'm grateful for the full story we've got it first hand the biggest issues get a human voice face to face with the news makers on r t. home. mom.

three straight over playoff teams including dallas, portland and handed the lakers another loss at oracle. it looked as though kobe bryant would put the car yes, sirs away early -- the warriors away early by himself. l.a. off to a 10-0 lead to start the game. they work their way back and a give and go with the lay in. top of the tee and capped a 10-0 run. warriors lead by five at the half. huge third quarter. three of his 26 and the lead is now 9. david leigh and jumper from 17 feet. the lead is 11 and wright sets a franchise record with three's in his season with 184. look at that. beautiful. warriors end a 12-game losing streak and hands the spurs a top seed in the west 95-87 your final. the sharks clinched the pacific division. let's hope tonight's game against the ducks is not a preview. they took the night off. his replacement is lit up by cory perry. a physical game. he is not happy with setoguchi's comment about his dental work and he is on his backside. 2-0 ducks. puck finds perry again and he finds the back of the net. anaheim and perry had his number. perry third time. a hat tri