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chief financial offer tim morse will serve as interim ceo. he previously spent 15 years at general electric. >>> a report from a nonprofit, it says that california faced a bleak job profit. the state added fewer than 3,000 jobs between february and july. the state has only regained one in six jobs lost during the recession. more than 2 million people are out of work. more than 1 million have been looking for a job for more than six months. >>> latino voters may be the key for president obama if he wants to get reelected. there are now 2.3 million more latinos registered to vote. that's the biggest increase of any ethnic group. their share of the vote has more than doubled from 10% to 22%. latino voters are increasingly voting democratic. in 2008 they gave president obama a 9% point edge against john mccain. just four years before, democrats had only a six percentage the áf lead. >>> today a school is honoring a pilot killed in a september 11 attack. he died when his plane was crashed near shanksville. >>> this weekend ktvu will air a special
chief financial offer tim morse will serve as interim ceo. he previously spent 15 years at general electric. >>> a report from a nonprofit, it says that california faced a bleak job profit. the state added fewer than 3,000 jobs between february and july. the state has only regained one in six jobs lost during the recession. more than 2 million people are out of work. more than 1 million have been looking for a job for more than six months. >>> latino voters may be the key for...
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Sep 8, 2011
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yahoo's chief financial officer, tim morse, was named interim c.e.o. another management shakeup, this one at the country's biggest bank-- bank of america. it's the latest move by b. of a. as it aims to shore up investor and customer confidence. the executive shuhung comes after warren buffett invested billions in b. of a. and during efforts to settle lawsuits over bad mortgages. righting the ship. it's a task bank of america c.e.o. brian moynihan was tapped to do as 2009 came to a close. at that time, the bank was taking heat for its handling of the financial crisis and its acquisitions of one-time mortgage giant countrywide financial and legendary investment banking house merrill lynch. the countrywide buy-out continues to haunt b. of a. it was sued last week by a federal housing regulator over losses on $32 billion in securities backed by soured mortgages. the majority of those mortgages came from countrywide. moynihan's latest management shuffle and restructuring effort is dubbed "new b.a.c." gone are star wealth manager sallie krawcheck from the me
yahoo's chief financial officer, tim morse, was named interim c.e.o. another management shakeup, this one at the country's biggest bank-- bank of america. it's the latest move by b. of a. as it aims to shore up investor and customer confidence. the executive shuhung comes after warren buffett invested billions in b. of a. and during efforts to settle lawsuits over bad mortgages. righting the ship. it's a task bank of america c.e.o. brian moynihan was tapped to do as 2009 came to a close. at...
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Sep 8, 2011
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new interim ceo tim morse saying together the company can return to the growth trajectory they're looking for. on a strong day for the stock market overall, investors reacted positively to the bartz news. some current and former yahoo users and investors said they think the company still has a lot of work ahead. >> if they can get the right leadership. again, they have a lot of strength in the electronic equivalency of a newspaper. if they can build on that, maybe that's different from facebook. google for sure. >> when google just seemed more popular. i think the search engine is easier. it brings up better results. so i just always use google. instead of yahoo! i have friends that work at yahoo! i hope they don't hear me saying this. i do like google better. >> we know about google. just today reports that facebook pulled in $1.6 billion of revenue over the last three months. i'm scott budman, nbc bay area news. >>> today we experienced one of the hottest days in a long time. it was a smoggy one, too. chief meteorologist jeff ranieri is here with a look at today's hot numbers. >> if you
new interim ceo tim morse saying together the company can return to the growth trajectory they're looking for. on a strong day for the stock market overall, investors reacted positively to the bartz news. some current and former yahoo users and investors said they think the company still has a lot of work ahead. >> if they can get the right leadership. again, they have a lot of strength in the electronic equivalency of a newspaper. if they can build on that, maybe that's different from...
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the chief financial officer tim morse is interim ceo. the departure was first reported by the "wall street journal's" technology blog. >>> the future of a brand-new elementary school in the east south bay once again in limbo. even though it's ready to open, there aren't enough kids to fill the classrooms. ann notarangelo is in brentwood to explain why. ann. >> reporter: dana, mary casey black elementary school isn't the neighborhood school yet because there isn't a neighborhood. right across the street we do have some homes under construction, but if you go across that street, you see just an empty lot. >> we moved up here from san jose strictly for the schools. i still commute to san jose but we moved up here for the schools. >> reporter: john baker's house is within walking distance of mary casey black elementary school. but when it came time to enroll his children, they were told they were going to be split up and sent to two other different schools. >> when we called the school district to ask them about that school, they laughed abo
the chief financial officer tim morse is interim ceo. the departure was first reported by the "wall street journal's" technology blog. >>> the future of a brand-new elementary school in the east south bay once again in limbo. even though it's ready to open, there aren't enough kids to fill the classrooms. ann notarangelo is in brentwood to explain why. ann. >> reporter: dana, mary casey black elementary school isn't the neighborhood school yet because there isn't a...
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bartz is being replaced for now by cfo tim morse until a permanent successor is found. >>> robyn gardnering for over a month and the american man held by aruban authorities in her disappearance is in court this morning to appeal his ongoing detention. gary giordano has been ordered behind bars, without charges, until the end of october. while the investigation in aruba continues. if his appeal goes through, he could walk free immediately. >>> new details have been released about the coronado, california, mansion death. the autopsy for rebecca zahau reveals possible tape residue on her legs and evidence that a shirt sleeve was stuffed into her mouth. yet investigators are standing by their ruling of a suicide. rebecca was found dead at her boyfriend's historic mansion in july. >>> we want to continue our new series "hiring now" this morning with a look at where the jobs are across america. take a look at this. this map is going to tell it all. "newsweek" and the daily beast use polling, unemployment rates and average annual income by state and found the 20 best states in the nation for jo
bartz is being replaced for now by cfo tim morse until a permanent successor is found. >>> robyn gardnering for over a month and the american man held by aruban authorities in her disappearance is in court this morning to appeal his ongoing detention. gary giordano has been ordered behind bars, without charges, until the end of october. while the investigation in aruba continues. if his appeal goes through, he could walk free immediately. >>> new details have been released...
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with bartz, tim morse is the interim ceo and the search for another ceo is expected to begin immediately> authorities in santa clara county are calling it a mystery solved. a man suspected on a deadly attack on an elderly farmer in saratoga two years ago is due in court today. investigators say incriminating text messages left to the -- led to the arrest of 33-year- old juan cortinas. he was already in custody on unrelated charges. police say he and another man viciously beat a man and his daughter during a home invasion and robbery. the man kyed of his -- died of his injuries two weeks after the attack. his daughter survived. the second suspect in this case died in an unreap lated gun battle with police last year. >>> this morning a house fire in oakland is forcing two families to search for a new place to live. the flames broke out in between their homes on east 7th street about 8:30 last night. both homes were damaged but luckily nobody was hurt. it took about a half-hour to control the fire and the cause is still under investigation. >>> 7:34. tonight students at two schools in the w
with bartz, tim morse is the interim ceo and the search for another ceo is expected to begin immediately> authorities in santa clara county are calling it a mystery solved. a man suspected on a deadly attack on an elderly farmer in saratoga two years ago is due in court today. investigators say incriminating text messages left to the -- led to the arrest of 33-year- old juan cortinas. he was already in custody on unrelated charges. police say he and another man viciously beat a man and his...
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tim morse will take over. yahoo! has been struggling under bartz.ock spiked 7% in afterhours trading. >>> struggling automaker saab filing for bankruptcy protection in sweden. the goal is to reorganize the company while it awaits additional funding. this was expected as part of the kem's restructuring plan. >>> could food stamps be used at fast food chains? yum brands is actively lobbying in washington to add a list of its locations. they include taco bell, kfc and pizza hut. according to the usda food stamp benefits are up to about $65.5 billion as of late last year. which is double where it was in 2005. >>> "american morning" back right after the break. [ woman ] jogging stroller. you've been stuck in the garage while i took refuge from the pollen that made me sneeze. but with 24-hour zyrtec®, i get prescription strength relief from my worst allergy symptoms. so lily and i are back on the road again. with zyrtec® i can love the air®. a mouthwatering combination are of ingredients...e for you! i know you're gonna love. [ barks ] yes, it's new benef
tim morse will take over. yahoo! has been struggling under bartz.ock spiked 7% in afterhours trading. >>> struggling automaker saab filing for bankruptcy protection in sweden. the goal is to reorganize the company while it awaits additional funding. this was expected as part of the kem's restructuring plan. >>> could food stamps be used at fast food chains? yum brands is actively lobbying in washington to add a list of its locations. they include taco bell, kfc and pizza hut....