southern union jumped last week when the first deal was announced. after the close today, shares shot up to over $39 per share when williams announced its offer. the two would-be buyers, williams and energy transfer, each lost a fraction during the regular session. both were about 4% lower than these closing prices after williams released its bid. it's a different kind of fight between viacom and cablevision. viacom sued the cable company, accusing it of streaming viacom television channels on mobile devices such as apple's ipad running a cablevision application. both viacom and cablevision were down more than 1.5%. finally, watch radio shack tomorrow. it gets kicked out of the s&p 500. and that's tonight's "market focus." >> tom: while the federal reserve is trying to kick start the american economy, chinese financial authorities hope to cool theirs down. china isiest ling with an inflation problem. nationwide home property prices were up more than 4% in april, and its economy grew by almost 10% in the first quarter. a lot is riding on the chinese e

helping the appetite for utility stocks may have been a $4 billion buyout of natural gas utility southern union. shares shot up 17.5%. energy transfer equity will pay the equivalent of $33 per share. the deal creates the biggest nat gas pipeline utility in the country. the market likes the deal. the buyer, energy transfer, saw its shares jump more than 8% to just below its 52-week high. consumer staples were helped by better than expected results from supermarket operator kroger. it beat estimates by six cents per share. the company has been working to keep prices down to attract new customers. kroger also raised its full year forecast. that brought buyers into the stock, up 4.5%. it takes kroger stock to its highest price this month. two other grocery stores saw buyers as well. safeway added 3.5%; whole foods was up 2.4%. while we're in grocery stores, pork and turkey producer smithfield foods saw a nice rally. strong earnings and a forecast for higher pork prices helped out shares today. this is a six-week high today. late confirmation this afternoon that capital one is buying i.n.g. direct.

shipments have resumed on the union pacific rail line that runs across nevada and into northern california. the track connects lines to central and southern california. union pacific rerouted its freight lines through a different northern route while crews cleared those tracks. >>> san francisco's 41st annual gay pride parade drew tens of thousands of people to market street today. friday's legalization of same-sex marriage in new york served as inspiration for the celebration. abc7's cecilia vega was on the parade route. >> if it was possible for this celebration to become even morsel law bra tore, new york's passage of same-sex marriage last week managed to accomplish that. >> keep going. more states. >> if ever there was a day in san francisco where just about anything goes, this is it. clothed or not, on a slope or on a bike. it is the 41st annual gay pride parade in all of its feathered and rainbow glory. >> today we love new york because of the events of this weekend. we also love san francisco, but we want to love san francisco more. come on, people of california. let's do it now. let's go already. >> and it had a serious theme. th

union pacific track that the amtrak train was on reopened. trade shifts opened on the pacific railroad line across nevada to northern california. it connects lines to central and southern california. union pacific rerouted its freight line through a different northern route while crews cleared the track. >>> 4:36 now. this morning one of san francisco's most important landmarks moving land marks will be back on the street. ribbon cut willing be held at 10:00 to mark completion of the california cable car line improvement project. that line that runs along california street from drum to van ness avenue has been out of service since january for repairs and system upgrades. during the work, crews also repaved 17 blocks of california street. >>> the party lasted late in the night after thousands enjoyed san francisco's annual gay pride parade. [ cheering ] as you can see, colorful floats and costumes of all sorts provided the sights and sounds along market street yesterday. crowds not only cheered for marchers and performers but for new york's decision last friday to legalize same-sex marriage. >> it's about time. it's time to end discrimination, no matter where it may be.

traffic perspective, looking at los angeles, where the bus riders union, labor unions will get lines throughout the southern california area, they found the lowest in come neighborhoods are the least served. domestic workers and others had to wait much, much longer than middle-class people in san fernandez valley and other places. my hope is that you are looking at transit service from a transit justice perspective, and not just kind of decent time, but also where these neighborhoods are. looking at it in oakland and other places, i would hope that's we have a transit equity -- i would hope that we have a transit equity analysis. i really support the efforts to make sure the neighborhoods, especially in the southeast part of the city, are well served. >> i can make two comments, if i may, supervisor. we absolutely do have several requirements for exchanges to make sure they are equitable. they are above a minimal threshold, that looks at the adverse impacts and income. the other point, just because you introduce los angeles. our service area it is 0.7 miles. los angeles is much greater. supervisor mar: ther

the first lady stopped in southern california today to talk to hollywood unions about supporting military families. tomorrow morning ms. obama is scheduled to attend a breakfast event at the claremont hotel for president obama's 2012 reelection bid. she's also scheduled to attend a luncheon in san francisco. tickets for that event start at $2500. >> fog is hugging the coast but warm weather is inlands. whether do the temperatures hit the 90s. >> a three alarm fire september dozens of people coming out of their homes. an update coming up on when they will be able to go back to their homes. >> and the debate over same-sex marriage is back in the courtroom. today's legal arguments and the quick ruling expected. . >>> a three alarm fire chased people from their residence. and at this hour those residents haven't been allowed to stay. lloyd lacuesta is live outside the building on hay street near davis to show us just what happened. lloyd? >> reporter: let me show you the scene right now. the people you see on the corner are residents who have been waiting out for three hours to see when they

the first lady stopped in southern california today to talk to hollywood unions about supporting military families. tomorrow morning ms. obama is scheduled to attend a breakfast event at the claremont hotel for president obama's 2012 reelection bid. she's also scheduled to attend a luncheon in san francisco. tickets for that event start at $2500. >> fog is hugging the coast but warm weather is inlands. whether do the temperatures hit the 90s. >> a three alarm fire september dozens of people coming out of their homes. an update coming up on when they will be able to go back to their homes. >> ♪ [ alarm buzzing ] another victim of frequent flyer red tape. [ tires screech ] seat restrictions got him stuck in a vicious circle. it's just not right! i keep earning miles, but it seems like i can never use them. the all-new rapid rewards doesn't have any of that nasty red tape. here he comes again. let's set him free! [ male announcer ] join rapid rewards and enjoy unlimited reward seats, no blackout dates, and no red tape. ♪ . >>> a three alarm fire chased people from their residence. and at thi

yes the mountainous region or russia's southern borders had an unstable existence since the collapse of the second union several conflicts all but the fighting of thousands displaced. or was forced many survivors to themselves salty's because. shacks that look like they're barely holding together actual hauser's lying in ruins these are the song from welcoming images that strike you as soon as you approach the village of come to live square one of dozens of residential refugee areas located where these people came here in ninety ninety two after a bloody athlete conflict between south are surgeons and georgians that lasted two years and such as by origin they were born in georgia flags of fearing for their lives hard on the job you have i was among them her husband became one of the many casualties of the bloody conflict georgian by origin he was helping in certain people and ask her was killed by his own kind along with two small children she received a one off compensation payment from the government but no official recognition as a refugee and the benefits that would come with it. it is very difficul

their currency union together but that required a political commitment it's not an economic question there are plenty of times i'm sure east germany wanted lower interest rates or the southern us would have liked lower interest rates but we always stuck with it together because an economic monetary union is a political question first and foremost that's why we should be talking like to call it to say are we going to have a similar system to transfer wealth from poor regions to from richer region in deviations to offset some of the discrepancies now that's exactly what reasons because i really want to see how you agree in government we want to go national governments in and democrats ok so that's a bit of an ass of an essay if i can ask you a question but let me ask you a question and it's something like what the united states or i mean the people the populations of the eurozone like the euro when things are good when you don't have to think about these type of things up until the crisis in. greece but now things are breaking down some of the contradictions of the euro becoming very obvious then the euro becomes very very unpopular i mean it's just when things are good you d

yes the mountainous region on russia's southern border has had an unstable existence since the collapse of the soviet union several conflicts or bloody fighting a thousand displaced and the legacy of war supported many survivors and themselves . reports. shacks that look like they're barely holding together actual hauser's lying in ruins and these are the far from welcoming amateurs that strike you as soon as you approach the village of can relive square one of dozens of residential refugee areas located hair thirty four families have lived here for over twenty years in this terrible conditions a new generation has been gone but for them nothing has changed they say they've already lost hope these people came here in ninety ninety two after bloody as any conflict between south the surgeons and georgians that lasted two years and such as by origin they were born in georgia but flats are fearing for their lives hard on the job you have are was among them her husband became one of the many casualties of the bloody conflicts georgian by origin he was helping in certain people and ask was killed by his own kind

yes the administration of russia's southern border has had an unstable existence since the collapse of the soviet union several conflicts or bloody fighting thousands displaced and the legacy of war has forced release of others to think of themselves. shacks that look like they're barely holding together actual houses lying in ruins these are the far from welcoming energy just as striking asked unless you approach the village of can believe square one of dozens of residential refugee areas located head these people came here in ninety ninety two after bloody athletic conflict between south the sentience and georgians that lasted two years as such as by origin they were born in georgia but flags of fearing for their lives had been a job be of i was among them her husband became one of the many casualties of the bloody conflict georgian by origin he was helping in certain people and ask her to listeners was killed by his own hotlines along with two small children she received a one off compensation payment from the government but no official recognition as a refugee and the benefits that would come with

yes the mountainous region on the russian southern border has had an unstable existence since the collapse of the soviet union several conflicts or bloody fighting and thousands displaced but they can see awards for students of other stuff and for themselves as parties of caution. shacks that look like they're barely holding together actual houses lying in ruins these are the saw from welcoming images that strike you as soon as you approach the village of come to live one of dozens of residential refugee areas located have respectable came here in ninety two ninety two after bloody after a conflict between south the surgeons and georgians that lasted two years as such as by origin they were born in georgia but flats fearing for their lives could mean a job your vote was among them her husband became one of the many casualties of the bloody conflict georgian by origin he was helping in certain people and i asked her was killed by his own hinds along with two small children she received a one off compensation payment from the government with no official recognition as a refugee and the benefits that would come

against each other mikhail gorbachev was the head of the soviet union chosen by communist functionary boris yeltsin was in charge of new southern russia and promised reform but calling for an open election yeltsin challenged the authority of the communist party over russia. with this victory in the election yeltsin through the you can stand up to the communists establishment in an open and public bar he did not cut back room deals or try on protest with this victory ensured that the soviet union could break out without conflict. unlike former soviet leaders yeltsin campaign like a democratic politician meeting the electorate and delivering stump speeches at factories and in town squares. his rallies attracted hundreds of thousands when the election night came we were hopeful with when but we still weren't sure after all it was the communist party that counted the votes but soon enough the results became clear for a c.l. some defeated the communists candidate handily with more than half of the votes. when he led the resistance their father in the coup later not some of his popularity. but over the next decade. among russians dwi

coming out party looks at how russia's southern neighbor over media has developed twenty turbulent years after the fall of the soviet union the documentary is next. people living in this land seven thousand years ago world ready making wine and shoes this world's oldest shoe was vern right here in this hole in the fourth century armine adopted christianity as its state religion i was fit for astonished . in the early twentieth century armenians went through the horrors of genocide. in the one point five million years we killed groups in the army and broke free from the soviet union in september one thousand nine hundred ninety one what has independence brought to this ancient country. in two thousand and eight archaeologist but east yesterday and could have rivaled armenian politicians in terms of popularity news of his discovery had spread far and wide for around the world in caves in the mountains around the village of out any way archaeologists have found the settlements dating back to the year five thousand b.c. . it's in this also with these drizzles were among the first violence when we saw them it was immediately c

coming up next our he looks at how russia's southern neighbor of armenia has been developing over the twenty turbulent years after the fall of the soviet union. people living in this land seven thousand years ago were already making wine and shoes this world's oldest shoes van right here in this hall in the fourth century armenia adopted christianity as its state religion if christian. in the early twentieth century armenians went through the horrors of genocide in total only one point five million are. sealed groups with armenia broke free from the soviet union in september one thousand nine hundred ninety one what plans independence brought to this ancient country. in two thousand and eight archaeologist very scarce body and could have rivaled armenian politicians in terms of popularity news of his discovery had spread far and wide for out the world in caves in the mountains around the village of allegheny the archaeologists had found the settlements dating back to the year five thousand b.c. . the goods in this also believed this was for among the first finds a weasel when we saw them it was immediately clear to us that voted from the cop

was that for a young southern man to fight under the yankee flag was like a jew wanting to fight under a swastika in 1968. it was that much of a stretch, but they got a bunch of unionand confederate generals out of mothballs and gave them positions of authority and, yes, those southern young men came and fought under the yankee flag and, eventually, that turned into a tradition of southerners proudly fighting under that flag even though it was really tough at first. um, and the stuff about john, i actually am a very badly-read person, and i read only the -- in the usa trilogy there's those parts that are almost in italics about battling lafayette or whatever, and when i read the book, i only read those parts. [laughter] so i have some influence, but i can't claim him as important influence. yes. >> i believe future president taft was in the philippines, and i wondered the he appeared in your book. and also, is there much discussion or many characters that are japanese or spanish in your book? >> yeah. taft actually came just after this bookends. he was the -- book ends. he was the first civilian governor of the philippines. actually arthur mcarthur, douglas mac art

the arts and minds of northerners and southerners were much more divided than we are often told to think. i do believe that the unioncause was ultimately just a movement to keep the nation together but an antislavery cause and a very significant one. i know that is our rare thing to hear because we are told, and it is completely true that there were very few abolitionists in the north in 1860 and 61. seen as a sort of dangerous weird sex. there were people whom one refused to burn fossil fuels in the course of their lives because they believed that this would harm the environment. people kind of accepted in a general philosophic a theoretical way that this was the correct position. who is going to be crazy enough to a spouse of live something that would of a bid to silence to undermine the foundations of society. but it was an anti slavery caused if millions of norman has had not drawn a line in the sand and said slavery shut go no further than this. if they had not done that the south would have had no reason to leave the union. northerners, while deeply ambivalent about this union, also in that sense i found surpr

be on the site says targets in the southern feel facility to disaster there is too busy recycling but that's hardly the route to material. for the sports news of union is next and the wait for further major goals gloria continues for tiger woods you know kerry yeah it's hard to believe but it's been three years since tiger woods lost on a major he's not going to be winning one this month these odds of the u.s. open with injury we'll have a look at just why in just a second. good to have your company this is sports the here and twenty four hour r t i mean you know you are stories this is. all squirrel russia and cameroon sure the spoils in the international friendly played in salzburg. open and close to tiger woods reveals he will miss the second major of the golf year at the u.s. open because of injury. the drive for five four time champion andy roddick progresses into the third stage of london's queen's club the traditional warm up for wimbledon. russia will enter a crucial euro two thousand and twelve qualifiers this also on the back of a troll with cameroon the sides feeling to find a net in salzburg on tuesday evening with because putting on its

union and the international monetary fund. budget cuts there have led to strikes and protests. >>> fire crews are now trying to build a containment line along a canyon in southern arizona. there were lighter winds today and the fire is now 40% contained. 58 homes have burned, 1,600 people are still evacuated. the biggest arizona blaze is near the new mexico border, burning more than 800 square miles. >>> another hat in the ring for the republican race for president. former utah governor john huntsman launched his bid for the g.o.p. nomination today. he promised a civil campaign. >>> a programming note to tell you about. this friday, kron4 will air nbc programming starting at 8:00 p.m. we will run two hours of date line, followed by the kron4 news at 10:00. >>> less than 20 hours from now, president obama is due to announce his plan for a drawdown of u.s. troops in afghanistan. he is still making up his mind on the full scope but according to a new poll, the cuts are not going to be as deep as most americans want. >> reporter: 10 years after the overthrow of the taliban government, 100,000 american troops are still fighting and dying in afghanistan. so far, more

union and the international monetary fund. budget cuts there have led to strikes and protests. >>> fire crews are now trying to build a containment line along a canyon in southernna. there were lighter winds today and the fire is now 40% contained. 58 homes have burned, 1,600 people are still evacuated. the biggest arizona blaze is near the new mexico border, burning more than 800 square miles. >>> another hat in the ring for the republican race for president. former utah governor john huntsman launched his bid for the g.o.p. nomination today. he promised a civil campaign. >>> a programming note to tell you about. this friday, kron4 will air nbc programming starting at 8:00 p.m. we will run two hours of date line, followed by the kron4 news at 10:00. that's friday. [ bailiff ] fee court is now in session. come on out, guys. the jury has reached its decision. now, you guys found the other airline guilty of charging a 150-dollar change fee. you bet! southwest would never do that. and that was after she changed her flight and paid the difference in airfare. that other airline treated her wrong. she was understandably upset. well, who can afford a 150-dollar change

southern california. >>> 6:05. some progress in oakland's efforts to reduce its $58 million budget deficit. all the major unions representing city workers have reached tentative agreements on concessions. among them, police officers, firefighters and workers and three other unions would pay 9% of their pension plans. the agreement would save the city an estimated $40 million a year. the deal, though, still needs approval from the rank-and- file. >>> and a state legislatedture is set to vote on the budget proposal today. governor brown announced the plan yesterday with state senate president pro tem steinberg and assembly speaker perez. they say it will close a $9.6 billion deficit with a combination of more cuts and some newly projected revenues. >> revenues actually are up $4 billion so far this year, actual money in hand over and above what we thought. going forward, we do expect more revenues in the budget year coming up. but in case we're overoptimistic, we have severe trigger cuts that will be triggered and go into effect. >> those cuts that he is talking about could affect public schools, higher education

he had this wonderful southern style of speech and very informed and interesting. you know, he would talk about the fact that the soviet union and germany invaded poland at the same time. i never heard. i realized that the communists and nazis had been allies, and you didn't get that from major media and what was in the atmosphere, so i found that enlightning, so that made me more interested in communist many >> where did you go to school? >> public schools in new jersey and then columbia university. >> and law? >> from george washington. >> was there a time that you decided i want to be a writer, columnist, a lawyer -- >> i had a fantasy to become a columnist in college, and my first job out of college was national review magazine, and there i was, 22, and wanting to be a pundit. and i thought you can't exactly offer yourself to the world when your 22 or 23 and say, you know, i'm going to tell people what i think about the world because you don't know anything. so i decided to go to law school and get a credential and, so, that was my past. but i kept writing, i remained interest in public affairs. >> you say this book was

southern california. another western state is dealing with their own fire issues this morning. ç >> >>> i'm damian trujillo live at san jose city hall where the unionsare demanding pension reform talks right now. that's coming up next. >>> a live look outside beautiful golden gate bridge. a beautiful week in store. it's monday, june 6th. this is today in the bay. >>> good monday morning to you. thanks for joining us. i'm laura garcia-cannon. we are going to get to the top stories in a moment. first, a look at the forecast with christina loren. >> that's what folks are going to be talking ability. all the rain we had over the weekend, we'll go over the totals and who got hit the hardest. you are going to like the forecast. it's coming up in moments. let's get you to work now. good morning, mike. >> good morning, christina. the rain calmed down quite a bit since the weekend. we are looking at livermore, 580 with slowing, 15 minutes out of the altamont pass and toward the dublin interchange. the construction picked up from the eastbound side. speeds upper 50s. it's good news. we'll see the change over the next ten to 15 minutes. chp has an official adv