tv KRON 4 Early News KRON May 14, 2012 6:00am-7:00am PDT
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a chance of spotty showers near the coast. this afternoon, a sunny, breezy and a touch cooler. today will probably be the coolest day of the week. this evening of aug. scheduled to return to the coastline. >> here is your quick commute check. the bridges look good. on the bay bridge, no metering lights yet. for the east bay and south bay, like traffic would no problems on the freeways. the same is true for the peninsula and the north bay rides. >> stock futures are looking for another opening on global growth concerns after greece was unable to form a coalition government over the weekend fuelling fears that they could drop out of the euro zone. we have a factory data coming out of china. the dow just wrapped up its
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worst week in five months, down over 500 points for the month. >>darya: more on a developing story out of sunnyvale, there are reports that former yahoo ceo scott thompson has told the company's board that he has a thyroid cancer and that the diagnosis influenced his decision to leave. thompson is used to run at paypal and listed that he had a degree that he did in fact not earn. he blames this on a job hunting firm in chicago. scot thompson is going to serve as the fourth ceo free of the last eight months. kron4 spoke with a tech analyst who tells us why this change was needed. >> you cannot have a ceo of
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the falsified his background, it creates too much of a litigation issue. they would have to bring back and when they fired for that reason and it would bring in to test and anything else they certified. it goes to ethics that you cannot have that kind of problem with a ceo. >> the controversy is still a major setback for yobbo. yahoo has also announced four new board members, three of them come for the hedge fund that owns about 6 percent of the state any of hope.
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>> it is really going to affect my family's ability to pay for not just my education, but my younger siblings, not fun to deal with financially. i have a part-time job and it is a definitely difficult to balance that and my studies. >> we are asking the people californian to approve a plan that avoids cuts to schools and public safety. the plan asks high income earners to pay up to 3 percent more on their income taxes over seven years and it would increase sales taxes by one fourth of 1%.
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>> that is the two video that the governor released >>darya: three top executives at j.p. mortgage rates are expected to resign in the wake of their trading loss. the ceo says his company expects to paced a price for this. he is expecting tighter regulations. stocks plummeted 9.3% dragging other banks down with it. this morning, it appeared to be up two points in early expectations. >>justine: the allied financial mortgage division is filing for chapter 11
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baker is the protection. the government owned lender has been weighing a bankruptcy filing for quite some time. they were exploring some other options. thoughtful they have been burdened by old sour in loans. >>mark: stage one of the tour in california, stage two is today beginning in san francisco and heading down to santa cruz. jeff >> you can see the workers here busy getting this frame installed. this is going to be the starting line. this is of an american version of that.
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backing out. here's a live look at the san francisco. >>darya: 49 headless bodies have been found on a highway connecting the northern mexican city of monterrey to the u.s. border. a law-enforcement official says the bodies of 43 men and six women were found in the town of san want. sphere there is a dead drug cartel is claiming responsibility for the massacre. the bodies are found with their heads, hands and feet cut off which would make identification difficult. we're back with more in a what about over here? sure. no problem. ♪
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>>mark: the dow jones has lost 110 points, right now dow futures down 90 points ahead of the opening bell. better news for facebook, mark zuckerburg turns 20 today, a huge weeks to detective lange, there are expected to start selling stock to the public for the first time trading on the nasdaq beginning this friday. the facebook ipo could value the company at nearly 100 billion. that would make facebook more valuable than disney, ford and kraft foods.
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at 28 thomas r. burke is have the edge of the average s&p 500 ceo. >>darya: another controversial magazine cover to tell you about. following the president's announcement that he supports gay marriage, newsweek but this picture of the president on the cover with a rainbow halo over his head. the caption says, the first gate president. last week the president said, after years of lengthy discussion between family and friends, including his wife and daughters, he now prisoner believes that gays and lesbians should have the right to marry.
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>>erica: here is a look at what some of our viewers had to say. >>james: the sun rose just a little bit ago. this guy is a little bit brighter but the son had a tough time peeking through. we do have cloud cover overhead as decency in this live shot from the james lick freeway camera. temperatures are pretty similar to what we have been seeing in the past couple of weeks.
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san francisco, 61 for the high today. here is a look at your 7 day around the bay. >>george: is pretty good ride for most of the bay area. no. no. 4 is a look at peninsula traffic. the here and hall also had an accident or out at san antonio road. one of the vehicles could not make it to the right- hand shoulder.
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>>darya: and that the police officers contacted a man on pierce road, the man ran, the officer caught up to him and they had a struggle in the backyard of a home. during the struggle, the man was shot by the officer and taken to the queen of the valley medical center in napa where he is still being treated at this hour, there is no word on why police were trying to track down that man in the first place. >>mark: in san francisco man was arrested in the south of market neighborhood after police shot at him during an apparent robbery attempt. there to officers to stop when they heard a woman screaming around 10:40 p.m. and began struggling with the man. the suspect had a gun and one of the office fired at the man who then dropped his gun and was arrested without further incident. >> near the 200 people marched to protest the death
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>>darya: we are just a few days away from the bay to breakers, the seven and a half mile race is a test of endurance and a showcase of creativity. charles crawford visited with an east bay man who has been building and wearing impressive costumes >> he won first place and the custom contest wearing this 14 ft. of true custom. since then he and his wife of made a new custom every year for bay to breakers. here he is as a giraffe and 1984, a christmas tree in '87, he could carry the transamerica pyramid in an 93, joe montana.
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>> what is nice, people remember my costumes. third >> after more than 30 years thing she would want to keep it simple but 2012 could be his masterpiece. >> always wanted to do the golden gate bridge. this is the perfect time, the 75th anniversary. >> he will one -- he will run in one tower and his friend will run in the other. >> we have to work up the kicks. i do not want it to break have twitter race. >> even though he puts a lot of effort into his costumes he says he would run bay to breakers a matter what. >> i consider myself a runner first. i try to run as hard as i can the whole way. >>mark: a breaking news story, a uc-berkeley police
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>>james: some of the buildings starting to show reflection as the sun comes up. i want to say the golden gate, which tracked some windshield wipers and action, a chance of drizzle near the coast. it looks like that will finally materialize at the golden gate. here is a quick look at where the weather will go today and beyond. this afternoon, temperatures will max out inland somewhere in the low-mid- 70s. this weekend we will keep it dry with temperatures on the warm side saturday and even warmer on sunday. a more detailed forecast coming up in just a little bit. >>george: there has been a change is since our last report.
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and the backup is building pretty rapidly westbound. and we continue to monitor conditions on the peninsula for a potential hot spot on 101 northbound. a disabled truck at san antonio road still slowing the ride but it has not drawn down to stop and go condition. >>justine: as we just reported, a uc-berkeley police are moving in on occupy the farm protesters. most of those protesters have left. as a spokesperson told us, in view of them are still left on the property. >> chinese factory data
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showing a slowdown in the chinese economy, the world's second largest. the dow is now down to 12,725, they started a month at 13,003 under 30. >>darya: new this morning, dozens of protesters are expected to protest this morning at a rally against pg&e taking place at the shareholders' meeting in downtown san francisco.
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>> this entire case should be open to them. there is plenty of room. seating is very much limited. dicey a lot of san francisco police officers driving by. whoever is close to this will get in your full from protesters. >>mark: yahoo has a new interim ceo. new this morning, there are reports that this former ceo told a company that he has thyroid cancer and that the diagnosis influenced his
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decision to read. he listed a degree of has resonated he did not find. he blames a job hunting firm in chicago for that error. >> yahoo has announced four new members, three of them were chosen by a hedge fund manager. yahoo stocks are one of the view on the rise of almost 2%. >>darya: three top executives at j.p. morgan chase are expected to resign in the wake of the bank's
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>>mark: we are keeping our eyes on a downward spiral and on wall street. big losses last week, the biggest losses we have seen in four months. the dow is down another 118. after concerns about the global economy is slowing. the dow at 12,702 from that 13,003 to 30 marks at the beginning of may. >>justine: live pictures into the kron4 news from of a wildfire burning in arizona. there is a lot of smoke. here is some of the newest information, this is a wildfire in uncrowned king arizona not too far away from phoenix. people there are being ordered to of back to great. that least two homes have burned. the fire started on sunday morning and is still burning right now. the state forest division is
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saying that the fire has burned about 300 a. in the bradshaw mountains. some residents are saying that the fire started from political issue in one of the cabins. abel keep you posted as soon as new information comes into the newsroom. >>darya: we are back with more in a couple of minutes. thank you for waking up with the kron4 news. here is a live look from our studios on van ness avenue of. studios on van ness avenue of. [ female announcer ] safeway presents real big deals of the week. or how to keep from driving all over for the best deals. you don't need to run around. safeway gives you real big club card deals each week. right now, a sweet price on honey nut cheerios, just $1.88. starbucks coffee is only $7.77. that's less than a quarter for a great cup of coffee. and fage greek yogurt is just a buck. real big deals this week and every week. only at safeway. ingredients for life.
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pretty on wall street, there's a lot the market is looking elsewhere overseas that is working against stocks right now. >> the problems in europe fell not disappear. they seem to be rearing their heads in the headlines again. >> the new lending facility inspires some confidence that my mother was a report friday showing factor correction in china i flying down the can a slowdown in the chinese economy. how big of an effect does that have been the united states?
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south a warming. costs mid-70s are the expected highs. the warmest spot will be in the delta, mid-70s. cahow across the north bay mainly 60 degree weather warming to 70 near napa. here's a quick glance at how the weather develops over the next three days. tomorrow will be slightly warmer and and wednesday temperatures drop a little bit again.
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if bob >>george: drive times are between 14 and 16 minutes on bay bridge westbound. for the golden gate, we have been problem free for the southbound commute with no delays yet reported 40 allied -- for your ride along presidio parkway. there is a backup to the signal light at the end of the blood drive bypass. you've thought the right on interstate 80 is getting bogged down. no reports of accidents or incidents. kids getting heavy on the
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drive for livermore. the south bay freeways are continuing to do well. on the 101, a disabled truck northbound at san antonio road. it is sluggish traffic but will only add to-3 minutes for the northbound drive time. serve the >>darya: and taking a look at decision to doubt the 12, supporters of for a texas
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congressman supporters have begun to flood state conventions trying to win control of delegates of the national convention in august. that is when republicans will officially nominate their candidate. live from andrews air force base, air force one as the president is leaving for new york. >>darya: did not forget, it is here, zazzle bay to
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>>justine: one of the developing stories we are watching, the uc-berkeley police are now trying to remove occupy the farm protesters from the university owned land in albany. it's >>mark: coming up, hundreds rally in oakland after a fatal shooting of a team by oakland police. -if it is a big week for facebook started with the birthday.
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it is the coolest day of the week, here is a live look at the golden gate, more on the forecast when we return in two minutes. cochran there's a place, a dark place, we go. an uncharacteristically negative place for such a positive company... place... we go... when we describe our yogurt. tillamook yogurt has no high fructose corn syrup. no artificial sweeteners. no artificial colors and no artificial flavors. that's no, no, no and... no. of course, sometimes no is a good thing.
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