albertsons' owner bought all of safeway's 1300 stores in 20 states. the owner says the merger is a cost-saving measure but no stores will be closed. experts disagree. >> there is going to be stores that are closed. i think there's going to be unfortunately jobs lost. >> pleasanton-based safeway's ceo is expected to become the president and ceo of the combined companies when the merger is complete. >>> a blind man falls off a metro platform in l.a. the lucky break that saved this man's life. >> the senate kills a bill to change the way the military handles sexual assault cases. what's next for one of the most pressing issues facing the armed forces. >> and time to start thinking weekend! the weather, hey, could be pretty good at least part of the weekend. we'll talk about that coming up. >> and if you are riding mass transit on this friday morning, so far everything looks good. we just checked in with bart, 27 trains all on time. a check of the roads after this

the company buying safeway, already owns supermarket chains including albertsons.safeway is the seventh largest bay area employer. >> safeway, a bay area staple for decades. >> it's convenient. >> today safeway announced it agreed to sell to cerberus capital management, private equity firm that owns albertsons. the price tag about $9 billion. the deal that could change that safeway see today. >> it seems like it's become a monopoly, and were not going to have as many choices as we had before if that happens. >> right now there are more than 1300 safeway stores across the country. if the merger goes through it will create a network of a more than 2400 stores, 25400 stores, 250,000 employees all under one company. >> seems like a game of musical chairs. every once in a while they will change hands. >> albertsons ceo said in a statement, together we will be able to respond to local needs more quickly and deliveroutstanding products at an lower price and more efficiently. robert edwards the president ceo safeway said, we look forward to working with bob miller and the

safeway is being absorbed by albertson in a 9 billion dollar merger deal. allen is live at the safeway in berkeley to explain what this could mean for customers as well as employees. allen? >>reporter: well, dan the people here want to know two things. the employees want to know what this means for their jobs. and customers want to know how this affects prices. >> 35 dollars right there. >>reporter: it got bob one bag of grocery. now he's wondering if the 9.2 billion dollar sale of safeway to the company that owns albertson will lead to lower prices today. safeway ceo edwards answered that question. >> after the 2 companies combine our customers will benefit from significant cost saving synergy and stronger management team. >>reporter: safeway headquartered in pleasanton has 1300 locations combined with just over 1100 albertson stores it will become the largest retail grocery chain in the u.s. santa clara university director of retail management says combining 2 grocery giants will phase out more middle men. >> i think that efficiency will drive the prices

it works. >> robert albertson of sandler o'neill.ep walia is going to do and ask all tutorial -- to do an excel tutorial. >> coming up on "surveillance," aroundtical struggles the world. coming up next on "bloomberg surveillance." ♪ >> good morning, "bloomberg surveillance." i am tom keene. here's adam johnson. >> the search area for the missing malaysia airlines jet has shifted almost 700 miles to the northeast after write our data shows the plane was traveling faster than estimated. it travel a shorter distance than previously thought. the new areas closer to land, which will allow planes to spend more time over the water searching. of oscarr trial pistorius has been postponed after one of the judges a system -- after one of the judges' assistants became sick. the stories' -- pistorius pageantry lawyers were supposed to present the case. he is accused of killing reeva steenkamp. the trial will happen on april 7. chris christie says the decisions made by former aides in the bridgegate scandal continue to baffle him. he spoke with di

safeway has been sold to the parent company of rival albertson's. that would give the new chain 2400 stores across the country, rivalling that of kroger. cheryl? >> reporter: there's a lot of competition when it comes to grocery store shopping in the bay area. i am live here in front of this brand new safeway store. but if you take a few steps away, there's a trader joe's. analysts say that a merger between safeway and albertson's just had to happen. >> definitely the prices will probably go up, i'm sure of that. most mergers, that's usually the case. >> reporter: that's what one shopper had to say tonight about the merger involving safeway and albertson's. business professor mitchell marks agrees. >> i think we'll probably close some stores. they are going to have to cut costs. they're spending $8 billion on this acquisition, so they'll have to get some of that back. >> reporter: how? consumer watch dog groups believe both companies may lay off employees. >> you have stores like trader joe's, who has only one kind of olive oil. safeway, they have a

albertsons is owned by cerberus capital. back over to you. >> thanks, carol massar. i want to move into the business of the airline industry. air canada and others operate in north america and they have had to deal with winter weather. just last month, the airline forecasted a drop in first quarter profit because of the storms. also, there's the weaker canadian dollar. the president and chief executive officer of air canada joins us now from our toronto bureau. great to have you on "taking stock." outlined for us what the strategy is for air canada in order to deal with the severe winter storms and the effect it has had on the financials of the air carrier. >> thank you for that. we have had the dynamic in the past two or three months, which has been probably the most severe winter weather that we have seen in two decades. this is in terms of our network approach and has had an impact on our bottom line. we think, mercifully, it seems to be over. we have had some flight cancellations and when you cancel flights, you do save on fuel. theave tried to minimize haved boa

safeway is being absorbed by albertson in a 9 billion dollar merger deal. allen is live at the safeway in berkeley to explain what this could mean for customers as well as employees. allen? >>reporter: well, dan the people here want to know two things. the employees want to know what this means for their jobs. and customers want to know how this affects prices. >> 35 dollars right there. >>reporter: it got bob one bag of grocery. now he's wondering if the 9.2 billion dollar sale of safeway to the company that owns albertson will lead to lower prices today. safeway ceo edwards answered that question. >> after the 2 companies combine our customers will benefit from significant cost saving synergy and stronger management team. >>reporter: safeway headquartered in pleasanton has 1300 locations combined with just over 1100 albertson stores it will become the largest retail grocery chain in the u.s. santa clara university director of retail management says combining 2 grocery giants will phase out more middle men. >> i think that efficiency will drive the prices

. >> reporter: safeway is hooking up with albertsons not because it wants to but because it has to. >> safeway is pushed in the middle. >> reporter: santa clara university retail expert [ non- english language ] says this $9 billion deal was inevitable. safeway faces growing competition from discount stores like walmart and upscale chains. >> what safeway is not the number one destination. it doesn't have a brand. it's that other store you go to, to kind of get what you didn't get anywhere else. >> reporter: albertsons' parent company says this consolidation will mean lower prices and better customer service. it doesn't expect to close any safeway stores. >> but there are going to be stores that are closed. i think there's going to be unfortunately jobs lost. >> reporter: and if that's the case, the traditional shopping center landscape could also change. >> safeway has been here a long time. i think a lot of people would be affected in the local neighborhood. >> reporter: it's too early to say whether this business owner should be nervous. some shoppers say if their go- to safeway di

safeway is being absorbed by albertson in a 9 billion dollar merger deal. allen is live at the safeway in berkeley to explain what this could mean for customers as well as employees. allen? >>reporter: well, dan the people here want to know two things. the employees want to know what this means for their jobs. and customers want to know how this affects prices. >> 35 dollars right there. >>reporter: it got bob one bag of grocery. now he's wondering if the 9.2 billion dollar sale of safeway to the company that owns albertson will lead to lower prices today. safeway ceo edwards answered that question. >> after the 2 companies combine our customers will benefit from significant cost saving synergy and stronger management team. >>reporter: safeway headquartered in pleasanton has 1300 locations combined with just over 1100 albertson stores it will become the largest retail grocery chain in the u.s. santa clara university director of retail management says combining 2 grocery giants will phase out more middle men. >> i think that efficiency will drive the prices

cerberus did buy albertsons starting back in 2006, albertsons had 600 chains and is down to about 200ocations now. safeway shares down 3% on the news but they have been soaring over the past month on the takeover speculation. >>> right now we are off to a mixed start on wall street. the dow up 54. nasdaq is down about 1. the s&p moving higher by 3 points. michelle and frank, back to you. >> what day is it again, jason? >> reporter: i'm sorry, what was that. >> what day is it again. >> reporter: it is friday. >> absolutely. >> our favorite day of the week. >> have a great weekend. >> reporter: you, too. >>> 6:46. let'slet's check the roads with elizabeth. >>> we have a number of incidents out there and the bay bridge is backed up. along the peninsula southbound 101 approaching ralston coming into belmont we have an accident there blocking one lane fortunately though we are not seeing any major delays. could see some traffic tie-ups this afternoon. muni warning us through a tweet that there's going to be a big concert going on in justin herman plaza from noon to 1:30 and so you may find

safeway is hooking up with albertsons. not because it wants to, but because it has to. >> safeway is pushed in the middle. >> reporter: santa clara university expert says this $9 billion deal was inevitable. safeway features growing competitions from wal-mart and whole foods and trader joes. >> it is not your number one destination. it doesn't have a brand. it is the other store you go to to kind of get what you didn't get anywhere else. >> reporter: albertson's parent company claims this consolidation will mean lower prices and better customer services and it doesn't expect to close any safeway stores. >> there will be closed st oars. there will be jobs lost. >> reporter: if that's the case, the traditional shopping center landscape could also change. >> safeway has been here a long time. and i think a lot of people would be affected. >> reporter: it is too early to say whether chris lahy who owns mission city creamery in santa clara should be nervous. some shoppers say if their go- to safeway disappears, they know they h

uscw represents both safeway and albertson's workers. the private equity firm serverrist took over albertson's in 2006. >> it doesn't turn out very well for workers. they're kind of looked like as workers on time cards, it's all about making money. >>reporter: they say a full- time safeway or albertson's worker makes about $1.21 an hour. >> i'm sure they're looking at the real estate portfolio and seeing how they can maximize those investments. >>reporter: safeway's headquarters is in pleasantton, city leaders wonder what's now in store. >> what kind of numbers they'll have in their corporate headquarters if there will be a corporate presence here, that's one of the biggest things that i'm concerned about. >>reporter: two safeway stores, corporate presence and the workers generate hundreds of thousands of tax dollars, a closure of the corporate offices would hurt this bedroom community in more ways than one. >> it has been a source of pride. people ask us what kind of businesses we have here and one of the first things out of our mouth,

the same group that owns albertson's and other chains. it could be worth more than $9 million. the merger is part of an ongoing consolidation in the supermarket industry as it faces challenges from big box stores. >> happy golden anniversary from a dish americans can't get enough of. the beloved buffalo wing is 50 years old. it was first created at anchor bar in buffalo new york when the owner whipped up a midnight snack with left over clicken wings np today loyal customers insist the bar still cooks up the best wings in the world. >> oh, my god, absolutely delicious. cooked perfect. sauce is just right. chowed down. we had 50 of them. >> customers at the anchor bar say, you've got to start with clean oil. make them a little crispy. shake off the grease. and eat them right away. >> looks like the super fan from "saturday night live." >> exactly. if you end up going there and wanting to order them, you have to call them clicken wings. because in buffalo, if you ask

safeway is set to change hands in an acquisition by albertson's owner. we learned your neighborhood safeway store won't close any time soon. albertson says it plans no immediate store closures. the safeway name won't be going away either. and we have jana katsuyama with how the sale will affect shoppers and grocers. >> reporter: i reached a safeway spokeswoman, she said at this point there's no decision on what to do with the pleasanton offices. that's the corporate offices. that's where most likely there could be lay offs to eliminate duplication. here at the stores i've been hearing a lot of complaints from both customers and workers. johnson likes convenience and low costs. >> i like the deals that i get from safeway. you know you come and you know if you're a club member you get the coupon deals and you know you get a better bank for your buck. >> reporter: safeway operates 1,345 stores in 20 states. that would greatly add to albertson's 1,074 stores in 21 states. the merger would result in a wider range of items, lower prices, wider range products.

. >>> continuing coverage of the merger between safeway and albertsons. ktvu's tom vacar exams the best and worse outexamines. -- outcomes. >> reporter: remember this, the private equity firm want to take over safeway, mean to down size it, maximize profits and sell it off. pleasanton is not so plent about losing safeway. >> in our conversations with safeway it is too early to tell. if safeway departs california would lose the inment and tax of a major -- income tax of a major economy. >> reporter: they hope safeway will stay, it knows it could attract other employers. >> pleasanton has a robust business community and we will be able to weather whatever happens. >> reporter: she knows how these things usually go. >> it appears boise will be where the carpet headquarters will be -- corporate headquarters would be located. >> now there will be two of every executive and corporate position so that can't continue in a cost efficient way. >> reporter: but safeway and albertsons could be good news for shoppers. >> the power to negotiate with your suppliers to g

safeway is set to change hands in an acquisition by albertson's owner. we learned your neighborhood safeway store won't close any time soon. albertson says it plans no immediate store closures. the safeway name won't be going away either. and we have jana katsuyama with how the sale will affect shoppers and grocers. >> reporter: i reached a safeway spokeswoman, she said at this point there's no decision on what to do with the pleasanton offices. that's the corporate offices. that's where most likely there could be lay offs to eliminate duplication. here at the stores i've been hearing a lot of complaints from both customers and workers. johnson likes convenience and low costs. >> i like the deals that i get from safeway. you know you come and you know if you're a club member you get the coupon deals and you know you get a better bank for your buck. >> reporter: safeway operates 1,345 stores in 20 states. that would greatly add to albertson's 1,074 stores in 21 states. the merger would result in a wider range of items, lower prices, wider range products.

although albertson's says there's no plans to close stores, a business expert tells ktvu she expecteds suffered when the company that now owns albertson's bought the chain in 2006. >> it was detrimental to our membership, in terms of layoffs and hour reductions and loss of health and welfare and pension and so forth, and wet don't want to see that repeated at safeway. >> albertson's says the $9 billion deal willed lead to a wider range of items for shoppers, lower prices and fresher products. safeway and albertson's would combine for 2400 stores making it the second largest super market chain behind krogers. >>> 7:55. despite a rise in home burglaries in dublin police are reassuring it's still a safe place to live. tom mccarthy announced that two men are in custody in connection with a home invasion monday night. an 80-year-old woman was tied up and her home was ransacked. she wasn't hurt but people in the community are asking for more police protection. >> i think the most important thing is we're responding very proactively. as soon as something happens, you know, we have the office

a new safeway store is under construction in oakland but news of the merger are albertsons has many people asking what is going to happen to the new store. ktvu's tom vacar looks at the unanswered questions. >> reporter: safeway is building a new store here on college avenue. he says merger or not it would be what the community specified. >> this project is so far under way that you would have to be crazy to do anything other than let it go to completion. >> they have contracts. they are already underway. it would be too costly to stop at a point. >> what about another planned replacement? >> it got all of city approvals. >> reporter: but doesn't have building permits. >> depends on where they are in terms of the state of the contracts. they will reevaluate it. see if that you want to develop it to the extent they were planning. >> reporter: safeway said we are continuing with our plans. we have not suspended remodel or expansion products. >> they are examining every project. >> the buy out is not a done deal for another two weeks. >> this is a legal maneuver they do to prevent lawsuit by

the pt company of albertsons..buying safey llars. >>> tonight the biggest grocery chain in the bay area could mean a change for shoppers. parent company of albertsons is buying safeway for $9 billion. mark sayre is at safeway headquarters in pleasanton. what does this mean for safeway customers? >> reporter: it's hard to say what it means. albertsons said there are no intentions to close any safeway stores as part of this transaction. it also says that the cost savings from the merger will allow it to actually improve and remodel some of its stores and even lower prices for consumers. safeway operates more than 1300 stores in 20 states and employs 138,000 people. but some analysts say that the concept of the one size fits all grocery store like safeway may be coming to an end as consumers flock to specialty stores and online sites like amazon.com. some shoppers like kristy mendoza like safeway just the way it is. >> i have three children and i'm busy with them all the time. if i could just hit one store and get eve

there is concern and confusion over the announcement that the owner of albertson's is buying safeway. we are told the safeway name won't be going away and the popular rewards program will remain for now. although there are no plans to close stores, business expert tells ktvu she expects layoffs to eliminate duplicating jobs. >> it was debt mental to our membership in terms of layoffs and reductions and health of welfare. we don't want to see that repeated at safeway. >> albertson says the $9 billion deal will lead to a wide arrange of items for shoppers and safer products. they would combine for 2400 stores making it the second largest chain behind krogers. >>> now to the california drought. the alameda county water district is considering enforcing one of the toughest restrictions in the bay area to date. the board may declare an emergency water shortage next thursday. restrictions would include limiting irrigation and banning homes and businesses from watering lawns on consecutive days. violations could lead to fines, possibly jail time. but that would be in the most extreme cases.

although albertson say there is is no ways to close stores.lth benefits of workers suffered when albertson was purchased. >>> time is 6:55. we have new information about an investigation into bay area cold cases of murdered women dating back to 1976. ktvu first told you that federal agents and local police are reopening the investigation. the fbi is forming a joint task force to examine the so-called gypsy hill murders. five women were killed in san mateo county. a sixth victim was in reno. one woman was convicted in that case. now we've learned that dna belonging to a man connects the six murders. the task force will start canvassing neighborhoods in the peninsula looking for leads. ktvu's coverage of this case continues for you online. go to ktvu.com and scroll down to the hot topics. you will find the complete fbi news conference announcing the cold case task force. >>> jean quan says her city is heading in the right direction. last night she delivered her third state of the city address. topics included keeping the city's three sports pro

there is concern and confusion over the announcement that the owner of albertson's is buying safeway.are told the safeway name won't go away and it's popular rewards card program will remain at least for now. he say there is are no plans to close stores. business expert tells ktvu news she expects layoffs to eliminate duplicating jobs. workers suffered when the company owns albertson bought the chain in 2006. >> it was debt mental to our membership in terms of layoffs and our reductions and loss of welfare. and we don't want to see that repeated at safeway. >> albertson says the deal will lead to a wide arrange of items for shoppers. safeway and albert southbound's would combine for 2400 stores making it the second largest chain behind krogers. >>> time is 5:51. deadlines for ride sharing companies. letters going out. safety warnings about what they have to do to keep getting a permit. >> plus put a lid on your swim suits. the new health warning. [son] she has no idea. [man] no one told her,right? [son]hi! [mom screams] hales corners, wisconsin. nice pass by alyson dudek. can she hang

uscw represents safeway and albertsons workers.vate equity firm cerberus took over albert sons in 2006. >> workers are looked at as numbers on time cards all about making money. >> reporter: the union says full time albertsons or safeway workers make $21 an hour. industry experts believe the buy-out will mean layoffs and closures selling stores in areas with the hot real estate markets. >> i'm sure they are looking at the real estate portfolio and seeing how they can maximize those investments. >> reporter: safeway's headquarters is in pleasanton. city leaders wonder what's now in store. >> what kind of numbers they will have in their corporate headquarters if there will be a corporate presence here. that's one of the biggest things that i'm concerned about. >> reporter: the city's two safeway stores corporate presence and the workers generate hundreds of thousands of tax dollars. a closure of the corporate offices would hurt this bedroom community in more ways than one. >> it has been a source of pride. people ask us what kind of

not expanding, so if they can merge the acquired and maybe merge with this company that also owns albertson'smaybe they'll be able to get some efficiencies and save some money, and hopefully, make some money as well. >> are there some antitrust issues, though, given that the company acquiring them does own lucky as well, in addition to albertson's? >> there could be, and certainly antitrust regulators will see if it passes muster. we're already hearing from consumer advocates saying this is a little scary, because you know, when you have fewer choices and more control in fewer hands, potentially, prices go up, there could be impact on labor and, you know, the workers and so on. so, they're going to be taking a close look at that. it's not a done deal. >> right. and kroeger's, we hear, the number one grocer in the u.s., may want in on the deal as well. any immediate impact on shoppers, number of stores, employees? >> i'll tell you, the most nervous is probably the city of pleasanton, where safeway is based. we remember what happened when b of a got bought by a company in north carolina. those

the deal between safe way and the owner of albertson means that that now makes 2,400 stores. capital does not have any plans to close stores but a business expert says she expects lay offs to avoid duplicating jobs. >>> as you can see from these pictures in news chopper 2, much of the upper deck has been removed. caltrans says it has replaced much of the heavy concrete and steel base of the lower base to lighten the weight of the bridge. this is in preparation for the mid-span separation that is set to begin in the next three to four weeks. >> only on 2, cameras painted pink in protest. who's behind these attacks and the flashy statement they're trying to make. >> i'm tracking changes that will impact your weekends but it's time to get ou >>> we have new developments on that breaking news now out of san leandro. >> we go to patti lee, where we learned that a missing 10-year- old has been found, patti. >> reporter: while we were getting an update on this missing boy from san leandro police. police got word that the missing 10-year-old had been found. he had been missing since

. >> : new tonight at $8 of albertson's grocery store announced today that plans to buy safeway for $9 billion trade combines the two companies would have more than 2400 stores across the nation its merger that could change the entire grocery industry. >> : first this isn't a done deal is part of a merger agreement safeway actually has three more weeks to accept a bid from other companies that might want to purchase them. if that merger with albertson's does go through stores like this could see big changes. >> : safelight a very strong foothold a bay area. analysts say if the company does it merged its likely that any of our stores will close trade you have mass closing of stores you what you might not to have less closing of stores. let more realistic scenario american companies would get rid of redundant management and change in philosophy for years supermarket chains that primarily sells groceries have been seeing increasingly competition from drugstores and superstores like wal-mart. safeway flex in places like wholefoods what it comes a customer service pre is but a large selecti

the deal between safe way and the owner of albertson means that that now makes 2,400 stores. capital does not have any plans to close stores but a business expert says she expects lay offs to avoid duplicating jobs. >>> as you can see from these pictures in news chopper 2, much of the upper deck has been removed. caltrans says it has replaced much of the heavy concrete and steel base of the lower base to lighten the weight of the bridge. this is in preparation for the mid-span separation that is set to begin in the next three to four weeks. >> only on 2, cameras painted pink in protest. who's behind these attacks and the flashy statement they're trying to make. >> i'm tracking changes that will impact your weekends but it's time to get outside before the clouds move in perhaps some sprinkles. >> a high rise waterfall, trouble that caused this unusual sight in the middle of the city. >>> we have new developments on that breaking news now out of san leandro. >> we go to patti lee, where we learned that a missing 10-year- old has been found, patti. >> reporter: while we were get

capital management which owns albertson's says either of those deals could ease some concerns. >>> and superand supervisors are expected to approve a ban on selling water in plastic bottles. if approve, it would face out and they are hold a water tasting challenge. that will be at city hall starting at 11:30 this morning. >>> time now 4:40 coming up a shooting, and that's only the tip testified iceberg. and the resources police may soon loose if it doesn't end soon. >> the his choices many pancake lovers are being asked to take right now. >>> traffic is moving a long women why and coming up how much longer will the wet weather last? we will be right back. . >>> welcome back. 4:44, the snow dumped more than a half foot of snow and temperatures are expected to be in single digits and some say this is rare for the month of march in fact washington d.c. has already recorded single digit temperatures. >>> they are sending russian troops into ukraine and they are protecting russian citizens. in his first public comments he accused the west of the anti- constitutional koop in how crane. he cr

a little perspective albertson safeway for 9 billion dollars announce today. you might remember that facebook just the other day bought what app for 19 billion dollars. >> well more ahead tonight on 7 news at 9:00. mysterious vessel known as the google barge now docked at new location and host city couldn't be happier about it. >> new character on the scene at well known bay area tourist spot. why he's giving people plenty of cause for concern. >> l sandy here with the weather. >> yes. we have some more rain coming back into the picture. let you know when plus when it will warm-up around here when i come back. >> thanks. also we show your

the same company that already owns the albertson grocery chain. will be the new owners. safeway still has 21- days to receive counter offers. from other interested parties. the acquisition is worth about seven- billion dollars in cash. and could go as high as 9 - billion dollars. no stores are expected to close because of this deal. stay tuned for inside edition with deborah norville. see it, after the news. the fbi is refocusing their efforts on a string of murders from 1960 to 96 the fbi is now linking an additional case from reno to these murders making six cases. police are now crediting social mediant helping track down that sexual predator who victimized three young girls. police found that picture on this put a picture on social media and were able to use that to find to a 12 year-old girls who had fifth been with that man. those two girls then contacted police at which point they were able to put enough pressure on the suspect that he then stepped forward and turned himself in. tonight he is in the county jail with $5,000 bond. 9:30 a.m. news conference by state

the company's new owner is merging safeway and the albertson's chain. since albertson's is head quartered in idaho, safe wayest will move there, as well. they say it's premature to talk about changes. they say quote, it is our hope safeway or a new version of the company will continue to be a place of employment for many of our residents. >>> new at 6:00, a transgender woman is suing a popular fitness company for discrimination. chloe johnson says cross fit refused to let her compete in the female division at the annual fitness computation. the state of california officially recognizes her as a female and cross fit should, as well. she filed the lawsuit in santa cruz and is seeking $2.5 million in damages. cross fit argues johnson would have an unfair physical advantage against other females and says it's protecting its competition. >> a gorgeous sun shining day in san francisco, unless you're caught in this rainstorm, sort of. a broken sprinkler system sent water gushing from the top of the jp morgan chase building today. it happened in the financial d

deal with combine safeway with that other big supermarket chain that cerberus already owns, albertson'scould be a rival bid by kroger kroger's. are you one of eight americans who has student loan debt? how does it affect your economy? if you want to see more about tonight's stories log onto our website, foxsports.com/realmoney. >>> final thoughts abou --aljaz. >>> one reason i want to put to you the unemployment -- i want you to put the unemployment rate on the way-back burner and focus instead on how many actual jobs the economy created last month. that's called the nonfarm payrolls number and that requires no explanation. one way to read it, high is good low is bad. contrast the unemployment rate can rise or fall for reasons involving how many people enter or heave the workforce. so a lower unemployment rate may actually be a bad sign if it falls because people give up looking for work. a higher unemployment rate can be a good sign if it peen meanse people become optimistic but haven't yet found a job. that's our show, on friday, a complete look at the employment report. >> hi, i'm li

by yesterday's announcement and it setting up meetings between safeway and the parent company of albertson'so see what can be done to soften the blow to the local economy. so what does the merger mean to everyone involved? for the employees that will be negotiating a new contract later this year, jobs could be on the line. for shoppers, the sale could mean lower prices if executives pledge to pass on savings to the consumer. analysts and customers, however, not so confident. >> they low pressure appropriwie stores. >> definitely the prices will go up, i'm sure of that. in most mergers that's usually the case. >> i don't know what that means for the prices. i see them going down a little bit. >> when you take two companies like that and bring them together who knows. >> the merger is far from being a done deal. safeway has a few days to try to find a better offer. there is anti-trust proceedings that need to happen as well. >>> a staggering start for coupons.com, the stock is up 80% in the first day of training. they rang the opening bell on the stock exchange this morning. coupons.com has be

. >> they are closer to merging with albertsons and they agreed to sell to capital management. a private equity firm that opens albertson's and no other bidders came forward during a 21 day solicitation period to make a better offer. >> the federal trade commission. and they may need to close to close antitrust rules. al than thick fans are going to -- alan thickee fans will have to wait longer. >> he was scheduled to perform but had to postpone his show until july 16th. he has been put object a mandatory vocal rest. tickets for last night's show will be honored on the show on the 18th. and refund can be made at the original place of purchase. >>> biblical epic noah has floated its way to the top. >> what did he say? >> destroy the world. >> on friday, the movie brought in $15.2 million. it is expected to generate $40 million by the end of the weekend. action flick diverge gent and grand budapest hotel. and god's not dead rounded out the top five. >> we are getting a look at prince george. the royal family released this photo of prince william and the duchess of came bridge wit

it's in talk with a private equity firm that also owns albertson's. by buying some of the stores kroger could help avoid antitrust issues in markets like the bay area where albertson stores exist. >> a new jersey teen is suing her parents claiming they threw her out of the home when she turned 18. rachel wants her parents to pay for her private school tuition and wants to force theme pay for college. the parents say their daughter left in october because she didn't want to follow rules or their curfew. she has been living with her best friend's family. the best friend's father is funding the lawsuit. they will be in court today. >> my house my rules i believe how that rhyme goes. >> paying the bills here. but you never know. there are two sides to every story. >> always is. you know what i mean. that's what we're here for, to weigh everything out. 6:16 now. the good news is when it comes to the weather we've got two sides. we're on the drought side. now one of our reservoirs is overflowing. so it's a bizarre time here in the bay area. that's in marin

49 este acuerdo se da a la vez que se anuncio la venta safeway a los duenos de los supermercados albertsonsdolares....pilar nino noticiero telemundo 48 cesar --en vspera del da internacional de la mujer cuatro mil mujeres latinas, tanto en estados unidos como en mxico... take vo ...lanzaron una campaÑa de ayuno durante todo lo que queda del mes de marzo para presionar a los legisladores republicanos a aprobar una reforma migratoria integral. --segn las organizadora s, los polticos arriesgan perder el voto femenino en las elecciones de noviembre si no votan por la reforma este aÑo. cesar ---tiempo de la primera pausa , pero mas adelante... cesar ---un agente del orden pierde la vida tragicamente durante el cumplimento de su deber... blanca ---llegan las autodefensas a la ciudad de mexico... ---le diremos que es lo que exigen... cesar ---se fija la hora en la que los salvadoreÑos tendran nuevo presidente el proximo domingo... cesar ---el crecimiento de cesar ---el crecimiento de la comunidad latina de estados unidos, especialmente cuando se trata de adultos jvenes, es innegable. blanca ---hoy

safeway says it agreed to merge with albertson's. >> it will become a monopoly and we are not going to have as many choices as we had before. the ceo said we will be able to deliver outstanding products at the best price. >> i don't like it. >> doesn't bother me. stays clean. prices are good. >> reporter: more than 1300 safeway stores across the united states. if it goes through, it will create a network of 2400 stores and 200 and 50,000 employees under one company. mike mibach, ktvu channel 2 news. >>> the video is chilling. a robber pointing a hand gun at the clerk and customers and fires into the air. the video is evidence of one robbery in a string of hold ups in san jose. ktvu's robert handa joins us live with the arrest police have made so far. >> reporter: san jose police arrested two men in these robberies but here at headquarters it is still an ongoing investigation, searching searching for more suspects, witnesses and victims. they held up 20 markets. a surveillance camera caught one man shooting into the air before taking the cash. they saw pattern to the crimes and staked o

the same company that already owns the albertson grocery chain. will be the new owners. safeway still has 21- days to receive counter offers. no stores are expected to close. industry analysts say. it's more liekley that the merged offer companies will eliminate redundant management. and embrace a change in philosophy by improving customer service to better compete with places like trader joes and whole foods. the acquisition is worth about seven-billion dollars. and could go as high as 9-billion. safeway was also recently fined more than two-million dollars. the fine stemmed from a complaint filed by alameda county's district attorney. it alleges safeway unlawfully charged shoppers with prices higher than its lowest advertised price. misrepresented the weight of safeway-branded products. and put statements on signs in stores that made it seem like certain produce was "locally grown". when it wasn't. sharks hosting sidney crosby and the pittsburgh penguins. fun fact. crosby has never scored against the sharks. san jose spent most of the first two periods digging themselv

denise albertson. where are you, denise? ms.thor "the fallen season," which contains perhaps the most famous opening line in all of literature. [ cheers and applause ] i'll just read it from my own personal copy. "david swam down to the bottom of the pool to fetch the pennies, and that's when he met the biggest, fattest, dumbest martian he'd ever seen." [ laughter ] many believe those words alone inspired the arab spring. thank you so much for your wonderful writing. [ cheers and applause ] next, he thought he could elude my attention, but i see him right there. fresh off his latest heist, international jewel thief and master of disguise pierre chalfont is attendance. [ cheers and applause ] i'm surprised i even saw you, chalfont. well played, sir. though i do wonder why you paid us a visit this evening. what are you plotting at, chalfont? [ laughter ] the cousin of the famed recording artist shakira -- dennis shakira is here this evening. [ laughter and applause ] dennis wrote the song "my hips have been known to exaggerate," t

base en pleasanton, ahora es parte de "cerberus capital management", empresa tambien dueÑa de "albertsonsue esta adquisision, traera cambios a las tiendas locales de "safeway". blanca ---tiempo de la primera pausa , pero mas adelante... vo - blanca ---en un evento historico con su cadena telemundo, el presidente obama aclara dudas de residentes latinos sobre su ley de seguro medico. cesar ---ademas, enterese sobre otra posible cura milagrosa de un bebe infectado con el virus que causa el sida... blanca ---autoridades mexicanas asestan un duro golpe al lider de los caballeros templarios en michoacan... e mes, es el ultimo dia para inscribirse a la nueva ley de seguro llamada "obama care". pitch - cesar ...por eso, hoy el presidente barack obama se dirigi a los latinos ya que hay millones de ellos que pueden recibir este beneficio y que aun no se han inscrito... ---randy serrano desde washington nos amplia... take pkg 00:01 1:04-1:07 1:34-1:40 1:41-1:50 - seÑoras y seÑores con ustedes el presidente de los eeuu barack obama.) fue un ltimo empuje por parte del presidente barack obama hacia lo

supermarket chain is being bought by rival, albertson's. it will pay $9 billion for the company.raditional supermarkets have been struggling to compete with the big box retailers like costco. no stores are expected to close because of the merger. and weather hitting the gap hard. falling by 70%. affecting old navy and others as well. bad weather in japan forced them to close 450 stores in one day last month. >>> the housing crisis took center stage in a meltdown, but other crisis are looming with student debt. over $1 trillion. >> i'm angry, because it's unfair that it's happening to us, and we're even being sort of blamed for the amount of debt that we're being put in. >> 22-year-old viola is turning her anger over the student debt crisis into action mobilizing support with her fellow activists with students rising to deliver a message to state lawmakers. >> we're demanding an immediate freeze on tuition, and demanding the 1 and a half billion dollars that has been cut from state education. >> for jj, it's not just the new york students that hang in the balance. >> we're talking

we found out a private equity firm that owns albertsons is buying safeway and that has pleasanton's mayor worried. >> it has been a source of pride. people ask us what we have here and we always say safeway. from that perspective, it will be quite a loss. >> safeway is the second largest grocery chain in the country with about 138,000 employees. >>> tonight, a state senator is pushing for a new law he wants to name after a saratoga teenager who killed herself. 15-year-old audrie pot committed suicide a few days after classmates sexually assaulted her at a house party. and the pictures of the assault were posted all over social media. the proposed law would make that a felony. >> the resulted suicide resulted from bullying and cowardly sexual assault. >> we are here today to see if we can make some sense out of her senseless death. >> >>> senior army commander will be back in court monday to face the woman who accuses him of using his rank to rape her. cbs reporter david martin on how an affair went sour. >> reporter: his career already ruined, jeffrey sinclaire entered court to look at hi