We're getting word that a SFPD officer was involved in a shooting at Davis and Washington Streets in the Financial District. "Apparently, police shot suspect w/ gun in the chest after rushing officers," we're being told.

CBS 5 says, "Police says a man had stabbed another person at Pier 17," which prompted the shooting. No word yet of any death(s). We'll update as soon as we know more.

Update: Officers responded to a report of a stabbing at 10:17 a.m., and identified a suspect," reports KTVU. "The shooting occurred about 10 minutes later in the area of Washington and Drumm streets." SFPD Chief Greg Suhr will address the media regarding the officer-involved shooting at 11:30 a.m.

Update II: According to the Chronicle, the stabbing happened at the TCHO factory on Pier 17 at 10:17 a.m. Sad. The suspect was later chased by police to Washington and Drumm streets, which is when officers shot at the suspect.

According to a source outside the chocolate factory, "[two] employees got into an altercation and someone was stabbed. Police were called and one one the employees was shot." They go on to tell SFist that the factory is now closed for the day.

Update IV: Police Chief Greg Suhr said that, according to SF Appeal, at about 10:15 a.m. "a 30-year-old temporary employee at TCHO New American Chocolate slashed his coworker in an apparently unprovoked attack and 'cut him pretty bad.' " The slash wasn't considered life-threatening. The suspect, a man, then tried to evade officers at the scene. Then the cops caught up to him, he allegedly lunged at a female officer with the box cutter. She then fired two shots at him.

The suspect is in serious condition at SF General.