morgan hill at 79. s@m mateo 75, slight on-shore flow. a little bit of cloud cover. marina, maybe the goldenlp gate bridge, slightly cooler withi] temperatures in the uppe 60s. warmest spot by far, you got a towards napa in the grapevines. low 80si] in napa valley. oakland 75 and throughout the tri-valley temperatures in the upper 70s.q tomorrow a littlu4@it of cloud cover. slightly cooler flow. by sat add the numbers start to go up. that's going to mean warm temperatures in the bay area. sierra on the ski report, no snow this saturday or sunday. 71 trails open at squawñr valle and 63t( open the an alpine unfortunately, rog, that system we were looking at for next week looksÑi like it's pretty much ge at this point. no chance of rainw3 through abo wednesday of next week. we need the rain but not looking good for us right now. >> did he say we have a hr(tf o >> if you have. napa looks good. >> you got me excited. >> are you calling in e1sick? >> thanks. >> oh. >> thank you. he within i ahmedal at the sochi games. now there's another prize in store for an olympian. >>

santa rosa and napa upper 30's and palo alto and livermore and morgan hill and everyone else in the mid-to-upper 40's. as far as what is going on, the low pressure down around southern california and the high pressure to the north, the pressure grident, the difference of the pressure between the two is what created the strong winds with the wind flowing from the high to low pressure and that will bring us the 50 shore wind and keep the storms away from us for six or seven days. you can see on the seven-day forecast temperatures fluctuate through friday and then it will be warmer saturday and sunday and near records, nearly 80 in many areas and 70 at the coast. we will start a cooling trend for monday as the winds relax and they are offshore. they then come on shore on tuesday and there is a possible of wet weather on tuesday but right now st. patrick's day is looking dry. be careful driving high profile vehicle or cross the bridges in the evening. >> next, move over oscar selfie, someone took the most tweeted picture in history and one upped it, and it does not involve a ess real big deals of th

s&p. next one. five-year chart. morgan stanley, a major underperformer. 150% from the 6th of march '09 to now. and here's what i'm seeing in morgan stanley. a beautiful double-bottom. a nice trim line over the last year and a half. and we're toying with the prospects of finally getting out of this range it's been in. and here, too, a lot of asymmetry relative to the market. finally, here's kohl's. and kohl's has been sideways for five years. here's the absolute chart. this is incredible. basically, a major asset, without any character or said differently equilibrium. and all periods of equilibrium comes to a an end. the standoff is going to be up. and a breakout from what has been a five-year going nowhere kind of situation. >> carter, for the first two, are you saying they're buys? or relative to the s&p, a trade only? >> all three buys, absolute but relative. we think the market has limited upside, if any at all. it's asymmetry. you trade off -- eke out gains in the s&p? sure. but youç trade off downside ri. the individual securities, have limited down

tonight, breezes taper, temperatures drop and we will be in the low 40's around santa rosa and napa and 42 in morgan hill. most of us in the mid-to-upper 40's and san francisco is 50. we have another area of high pressure headed to the north and northeast. we will have a warming trend pushed to the coat. tomorrow, a couple of degrees warmer and on thursday it tapers and then a few high clouds and the wind develops on friday and saturday and sunday, 80's in the forecast and 70 at the coast. have a great day. >> good morning, everyone. we start off with a problem in concord with service street shut down and areas of construction. at 580 near 680 this are lanes blocked off until 6:00 in the eastbound direction so the good news is it is not in the commute direction. at 680 watch out for construction crews and slow for the cone zone. 580 westbound along tracy to dublin is 24 minutes. 680 southbound from dublin to mission boulevard south is 15 minutes. san jose and 101, 280, 85, all fine. from pleasant hill to the 24 junction will only take nine minutes. >>> post police are landing to double the number of

lots of upper 60s, mid-60's, 68 in morgan hill. could be a 70. the five-day forcast, it would be nice if this system like the last one would deposit typical rain, a good winter weather storm i expect a half inch to- inch of rain. we need a lot of rain, this is nuisance stuff on the commute and could have an impact in the morning. >>> the mystery is growing around the gold coins worth millions of dollars. why coin experts say one of the current theories where they came from doesn't make sense. >>> what we're working on for 6:00. >> strong words from a bay area police officer facing federal charges. >>> illegal weapons for sale on social media. the new redirections to prevent -- restrictions to prevent children from getting their hands on guns. [ sports announcer ] here's another one, alyson dudek. hales corners, wisconsin. nice pass by alyson dudek. can she hang on to that spot? and she does! [ male announcer ] with the u-verse wireless receiver, your tv goes where you take it, allowing inspiration to follow. ♪ [ dad ] looks pretty good, right? [

you have lots of 68's and san jose and morgan hill. so it's warm despite the cloud cover. these systems are low or mid latitude systems. so they are warmer. that's why daytime highs are going to stay up there. wednesday night into thursday morning and then clouds and then saturday night into sunday morning. and neither of them appear to be what we really need, but it's nice to have them. i'll have an update tonight at 10:00. >> the girls basketball team in okay oakwood is trying to drum up support. >> they shouldn't be punished for a technical mistake. so we are looking for the public support to contact your legislators and express the support for the girls team. >> students and parents say they were stunned when they got the news. the team was disqualified from the sectional tournament after playing one too many games. the school is blaming a clerical error, which designated one match as a game instead of a scrimmage. the sectional tournament happens, the other is the state c.i.f. tournament. the team is appealing for a chance to play in that. >> the kids qualify, there's

in a $3.5 billion deal earlier this week in the face of a settlement with u-s regulators over market manipulation. jp morgan stock traded near a 14 year high thursday. in our ipo watch this morning...shares of a cloud- based financial services software company-- are sky high. q-2 stock soared 15% yestesrday in its debut on the new york stock exchange..the ticker symbol is q-two burn treatment maker mediwound is off to a healthy start. shares rose 23% thursday, trading under ticker:mdwd. while drug maker ah-key-bia therapeutics shot up 57% in its ipo.the ticker is akba. the health care sector is leading the way with ipos. the supreme court of arkansas threw out fraud charges against johnson and johnson. j and j was accused of fraudulent marketing over its anti- psychotic drug risperdal. arkansas claimed the drugmaker did not propertly expose medical risks to arkansas medicaid patients.while j and j's attorney said there was no fraud or improper reimbursements for medicaid patients who took the drug. a startling 3.5 million cars recalled for various issues, wound up for sale online last year. carfax.com, cros

. >> this brings us to thi the enf this edition of insid "inside s" s >> welcome to al jazeera america. i'm morgan radford live in new york city with a look at the top stories. >> malaysia's prime minister now saying there was likely some foul play in the disappearance of flight 307. the search of the south china sea has been called off. officials are re-assessing their assets. >> we can say with a high degree of certainty that the aircraft communications addressing and reporting system for acar was

of the anderson dam near morgan hill. kron 4's charles clifford. in the south bay today.update the situation. we're coming up on 4-30. here are the big stories we're working on for you this morning. in pittsburg yesterday. rule timethis is video from our helicopter partnership with a-b-c 7 news. 40 acres burned. the search is on for the driver of an s-u-v, that hit and killed a pedestrian. it happened just after 11 - a-m. in san francisco's visitation valley. police say, a woman in her 60's, was crossing the street, when the driver made a left hand turn. and hit her. witnesses say, the driver then seemed to be making a u-turn to come back. but then took off. and the city of san jose says. the number of police officers on the street is falling -- and falling fast. right now, there are 970 street- ready officers. according to projections, by june of 2016, the department will have 879 street- ready officers. >>erica: milder conditions along the east bay shoreline in places like san francisco. all we're dealing with an abort off into the have not written expect public what co

. >>> tomorrow marks the two-year anniversary of the disappearance of s lamarr, the 15-year-old vanished outside her morgan hill home in 2012. hundreds of volunteers have dedicated tens of thousands of hours to the search for the teen's body. last year 22-year-old and when garcia torres was charged with the kidnapping and murder. to commemorate what would've been her last year washington high school in fremont of five corner bench will be dedicated in her honor. >>> oakland is back to square one in its search for new police chief. it's not clear when the city will hire a new chief. mayor jean quan and interim chief sean went held a town hall meeting this morning. they wanted feedback from residents on what crime problems they are seeing. when asked about finding a news chief kwon said they need to find a new search firm first. >> when you hire a chief, you have to get special background checks the only a professional firm can do, so we can't hire a chief unless we get a full background checks. >> the first one by the way quick, and the second the city lined up didn't meet oakland's guidelines. quan wouldn'

morgan park in campbell. the murder suspect is now behind bars. and he talked with with kron 4's justine waldman about what happened. a rally today in san francisco calling for changes in the state law called the ellis act. that law allows property owners to evict tenants. and then take the unit off the rental market. those who want changes in the ellis act, gathered outside san francisco city hall to say. the law, as it stand now, is leading to the eviction of seniors. the disabled and low income families. and the relocation fee. which is only 52-hundred dollars, leaves these residents with no affordable place to go. san francisco supervisor david campos will bring a measure before the board of supervisors to increase the relocation fee property owners must pay. campos wants the fee to be what the market rate of a rental unit would be for two years. if it passes, that could increase the payout by thousands of dollars. . in sports. bad news for the a's. as they lose their projected opening day starter for the season. . and why is 49ers coach jim harbaugh doing pushups with a walr

our base case is 8% earnings growth for s&p because you have generally an improving economy and that's morgan stanley. >> joe, let's talk about that. the bad weather we've seen has people trying to figure out how much of the bad numbers are simply a one-off. how much of this is a serious decline in the economy? >> i would say a three-off because we had very bad weather in december and january and february. i've been a big bull on growth and agree with adam's assessments of stocks and how they'll behave. the issue or argument we make about weather, there are series that actually ask people, did you have a job? yes. did you go to work because of bad weather? >> no. did you work part-time because of bad weather? >> yes, in fact, in february, almost 7 million people could not work full-time because of the weather. this isn't joel will lavorgna g you an excuse. weather was a factor which means there should be a snap back at some point in the spring. >> in terms of this bull run, how long would you expect? five years getting long in the tooth. >> we've been debating whether it could last as long as

upper 70's a 79 in morgan hill 79 also in campbell in the los gatos. 86 for my own view.or the most part for east bay and in inland valleys. let 77 in san ramon not 78 in walnut creek 80 in antioch. >> : east bay shoreline in the '70s as well. low 70's and 71 in alameda 74 in san angelo. 75 and in fremont. at the coastline things will be a little cooler was still pretty nice and one half moon bay said the seven and pacific a offensive is the scope 22 degrees there pre up in the north bay will be in the '70s and will hit the '70s as well in san 77 petaluma 78 and at nassau. >> : look at extended forecast will one conditions tomorrow and sunday. as we head into monday tuesday pretty mild but cooler later in the week. coming up a haunted house sleepover winchester mystery house this book here at night how soon you might find yourself there after two more hours pre + search for road rage killer and two female announcer:search what will you get with your new sleep train mattress? man: i'm getting a camera! - i'm getting an espresso maker! - i'm getting a new smart phone! femal

sunnyvale as did the what is there francisco with a little bit more my out there. 73 in morgan hill and 72 in san jose. los 70's for the ball sparked. 72 and walnut creek 70 in plaza to of spirit70 in pleasanton, 69 in richmond. los 70's tomorrow. >> jacqueline: son skies as well and we will call into the weekend but temperatures are still about average for this type of year. >> reporter: i am going to shock a lot of people if you do not own your home upper right you probably do not needed. if you do have a home and live in earthquake country reminding us that things will fall over some point in time. i did not have earthquake insurance and i cannot own a home out right. if i owned it out reddick absolutely, i would consider it but only if the more risk is on me and not on the bank. >> what about yahoo? ali baba is coming public they did announce it today. so what the stock do now that we now the evaluation of ali baba. there are going to lose the safety net and that big a hertz. hurt. >> reporter: >> ankle here is that it is a great stock who is the competition it, and nike? and after that to question bar? >>

s&p this year. because you have generally an improving economy. that's our morgan stanley. >> joe, talk about that. the bad weather. that has people trying to figure out how much is bad numbers simply one off, and how much is a decline? . >> three off. really bad weather in december, january and february. and i have been a big bull on growth. i agree with adam's assessment of stouks and how they will behave. the argument about weather. evident in employment data. theorists ask people, did you have a job? yes. did you go to work because of bad weather? no. did you work part time because of bad weather? yes. in fact, in february, almost 7 million people could not work full time because of the weather. so this isn't joe lovorna giving an excuse, data suggests weather was a factor which means there should be a big snap back at some point in the spring. >> just in terms of the bull run. how long would you expect? five years, getting long in the tooth? >> we at morgan stanley have been wondering if the cycle could last as long as 2020 this time. you didn't have a strong

on saturday to the cheers of the the upper '70's and low 80s. 77 fremont redwood city. 80 in morgan hillven with the sea breeze influences could be fairly warm. and it's a lot more cities los gatos '80s and said saturday and sunday 85 said it sunday. >> : eight and one country. >> : look at extended forecast other nice day tomorrow not really that warm compared to organize see this weekend. 80s as impossibly record- breaking temperatures. it's a big club to next week in such as of rain for wednesday. >> : now time for snow bombs ski report. known as of right now. >> : diane and dish. with >> : a view all the cooking in the house you not alone. all getting home from work pre with a short period of time to feed the family will have an hour and morgan make we can in an hour. oregon make healthy. >> : new tv show called the ads that caught. >> : i have a real passion for food. i think today-are playing a big large role in the kitchen. 10 run the country and find those debts. then maybe plumbers and electricians physicians in highlight the current but incredible for the appetite for a fairly

cloud cover and cooler conditions santa rosa and napa at 41 and 42 in appeal and morgan hill and the rest of us in the mid-40'sper 40's but san francisco is 50. area of high pressure is actually split and the next is up to the north and that is what is bringing us the offshore wind and the reason why we have the warming trend. the seven-day forecast shows michaelor warming tomorrow as the offshore wind conditions and high clouds and offshore wind tapers on thursday so we drop down a degree or two but it is become on friday and still looking at temperatures in the 80's away from the coast and we will be around 70 and see a cooler trend on monday but notice it will be dry through the seven-day forecast. from the roof, back to you. dress warmly. hold on to the steering wheel. >> breezy indeed. boston police are doubling the number of areas if will fromming the parade route during the marathon with new measures preventing a repeat of bombings that killed three and injured 260 others. backpacks and coolers are not banned but spectators are discouraged from bringing them. unlike previous years, people cannot spontan

today, the warmest temperatures are morgan hill 76, and napa and santa rosa at 75. low 60'sbodega bay but upper 60's southbound to half moon bay. tonight the high clouds roll in and that will insulate us and keep the temperatures up and mid-40's at santa rosa and napa and upper 40's to low 50's the rest of the east bay valley and upper 40's and mid-50's around the pay shore being oakland and san francisco. high pressure is settling in to the east with a light offshore flow and a few high clouds as the dirty high pressure to the west is keeping the storm to the north but not keeping all the clouds away and we will have more high clouds tonight and tomorrow aiding the cooling trend with on shore flow that is induced by the cold front passing to the north tomorrow. on tuesday and wednesday, light rain is developing across the northern california. hoping for a quarter of an inch. we could use more. look at warmth today above average. above average on friday and saturday, and stays that way until tuesday. we could get rain on tuesday, but it would be at night through when. >> pro

the blue chips fell 231 points, the nasdaq 63 and the s&p dips below 18-50.gold rallied 3 dollars and oil 22 cents. jp morgan's chief strategist thomas lee-- reportedly has exited the firm. seaworld shares were sinking in after hour trading. the theme park reported a drop in attendance. while ulta shares beautify..after topping earnings estimates. senators reach a deal on unemployment benefits. the bi-partison measure extends benefits by 5 months and makes payments retroactive. michael gurka of chicago-based spectrum asset management joins us this morning. happy friday michael. >>thank you. >>it looks like we're headed for a losing week. but sometimes pullbacks are positive for marketscorrect? >>history shows usat least in the last couple of yearsevery one of these 200 plus days lower in the dow or 20 or more in the s&p have been pure opportunity. but i think the market clearly has a little bit of a different flavor to it from yesterday's trading and more important technically for the week, it looks as though it's gonna start settling in on some bearish territory which actually could get a lot worse. >>the eur

today the temperatures are low-to-mid 70's from 70 at san francisco and richmond to 75 in santa rosa and napa and down to san jose, and morgan hill could get warmer at 76 and along the coast we are at 62 in bodega bay. tonight we are in the mid-40's to nearly 50 inland and mid-50's an the bay shore to the coast. while you were sleeping we had high pressure moving to the east, in the clock wise shore so offshore wind and well have so much sunshine and warmer temperatures, and jet stream over the ocean will stay to the north but the cold front will start to bring if high are clouds and a breeze so we will have cooler weather it seems to me. >> on tuesday, you can see especially on wednesday, we have a weak cold front but it provides light rain on tuesday night interest wednesday. evaporation rate is not so great but it is higher as the sun angle is higher and the days are longer. tomorrow is two degrees cooler and two to four degrees high we on saturday and sunday, and above average before the temperatures come down with a chance of rain late tuesday. have a good one. leyla gulen? >> love longer days so were better drive home

woman found in a sewer drain in morgan park had to be postponed while medical examiners wait for the remains to thaw. the frozen body is believed to be a woman in her 30's. it was discovered by water department workers wednesday near 107th and loomis. there is speculation that it could be latasha nevitt. she's been missing since 2011 and lived nearby. a new social media app has been disabled in the chicago area after some local high schools have banned students from using it. some students were using the app *yik-yak to anonymously cyber-bully other kids that are in a 5 to 10 mile radius. yik yak says it does not approve of people under 17 using its app. now they're working on safeguards to prevent that high school students from using it. the republican candidates for governor had their last debate 12 days before the primary election on the 18th. well, most of them did. front runner bruce rauner didn't show up at benedictine university in west suburban lisle. his absence was duly noted by his opponents... before they moved on to discussing issues facing the state. >> he is a no show at every chance he gets to meet with students in this state. the first

. >> police in morgan hill want to you look at a sketch of a bank robber, described as african-american, in the midst lit 30's 5' 9" and 180 pounds, holding up a wells fargo branch where he said he had a gun. >> buying a house in san francisco got a little bit easier if you are a first time home buyer the city will loan you $200,000 doubling the previous amount and you do not have to pay it back for 40 years or until you sell the house. the mayor says it will help middle class families settle down if a city where the median home price tops $800,000. >> a mild manner filmmaker created a viral video that is able to lead to the -- leap to the top of youtube which has received 900,000 views in one day. the filmmaker used a camera and drone to shoot this picture and re-create as day in the life of superman from battling bag gives to saving a damsel in distress. >> super speed. >> as long as he doesn't duck when they throw the gun at him, what has been a big problem for years if you can rebel the series, when you shot at superman, you with shoot bullets would bounce off him. >> new york city gearing up for a massiv

morgan park in campbell. and then turned is now behind bars. and he talked with with kron 4's justine waldman about what happened. justine is live at the santa clara county jail tonight with the latest. justine? >> took responsibility, last resort to use knife, feels horrible i don't feel good about myself even if it was in self-defense nobody should have that happen to em >> reporter:todd tharp regrets pulling argument on sunday night in campbell. >> reporter:the 24 year old transient spoke to kron 4 news while in the santa clara county jail. >> reporter:he remained handcuffed at the waist i was hanging out at the park and i got jumped and i ended up having to do something to keep my head from being spilt open more >> reporter:tharp's side of this story goes like this >> reporter:he was at john morgan park on sunday night. talking with a group of guys by the baseball stands. >> reporter:he he says were drinking and doing drugs. >> reporter:he remembers the conversation turned sour. and suddenly he was being hit and kicked in the head. he remembers throwing one punch before fa

s&p 500. leading that sector higher is bank of america, morgan stanley, goldman sachs, jpmorgan and citigroups well. >> sheila, thank you. time for the power pitch, where entrepreneurs get 60 seconds to make their pitch. then our panel of experts decides whether they have what it takes to become the next big thing. >> we have one mission and it's total wedding world domination. this is a bride's digital bff, making her planning easier and more fun. hi. i'm the founder and ceo of loverly. as a maid of honor in my sister's wedding, i experienced the inefficiencies of planning a wedding. in searchç of the dress, accessories, vendors to hire, i found myself 30 pages deep on google with hundreds of website open, sending her links. we launched the company with one mission. to make wedding planning easier and more fun. loverly is the first bride al search engine. we connect brides with ideas, people to hire and things to buy for their wedding. we are an all in one resource with expert tips, allowing brides to save and share their wedding inspiration with their family, friends and wedding vendors. w

s. and they morgan when i think of the hunt brothers yeah well going back to the seventy's but i just saw j.p. morgan make it start selling massive massive ounces of silver but if you're aware that you confirm that well i wasn't following that specifically i was more focused on electricity and the other commodities they were playing in our friend josh ross or has done a lot of work on that but it's really you go back to the fed the fed has allowed the banks to do over the counter derivatives that let them sell anything anything you can conceive of yeah you can go out and sell short and you don't have to borrow with and deliver it's a naked position and yet the fed thinks that it's ok for large banks to do that kind of business right chris well we've got about thirty seconds ok here's a simple question looking at all this big picture isn't it true that one thing that can be done today we now most of the bad actors and excesses is simply raise interest rates well they i think they should you know rate student to go because the reason why there's so much fraud is that the cost of it is so ch

s. clear skies. crispness in the air only sign of winter you will v. look at the high pressures tomorrow. 73 south bay san jose morgan bay los gatos mailed day in sunnyvale. 72 degrees on the peninsula. 73 redwood city. palo alto. looking at 67 in half moon bay. sunny day downtown san francisco well above ample at 69. 65 daly city and in the north bay we go with mid 70's around santa rose. 72 san rafael. vallejo. calistoga in the east bay oakland richmond 72, 74 fremont inland spots a little breezy in the hills. temperatures low to mid 70's walnut creek 74 livermore 73 degrees look at the accu-weather 7 day forecast. and you have to take a look carefully here. you don't see a rain drop in sight. really those temperatures will come up into the 70's next few days mid 70's in our warmest spots. saturday and sunday low to mid 80's inland. well above average. temperatures at the coast in the low 70's. might want to hit the beach for the weekend. i will tell enthusiastic much i took a look at the records and we will be flirting with a few record high pressure for the weekend. i'll be back with the wake up weather in a litt

s. clear skies. crispness in the air only sign of winter you will v. look at the high pressures tomorrow. 73 south bay san jose morgan bay los gatos mailed day in sunnyvale. 72 degrees on the peninsula. 73 redwood city. palo alto. looking at 67 in half moon bay. sunny day downtown san francisco well above ample at 69. 65 daly city and in the north bay we go with mid 70's around santa rose. 72 san rafael. vallejo. calistoga in the east bay oakland richmond 72, 74 fremont inland spots a little breezy in the hills. temperatures low to mid 70's walnut creek 74 livermore 73 degrees look at the accu-weather 7 day forecast. and you have to take a look carefully here. you don't see a rain drop in sight. really those temperatures will come up into the 70's next few days mid 70's in our warmest spots. saturday and sunday low to mid 80's inland. well above average. temperatures at the coast in the low 70's. might want to hit the beach for the weekend. i will tell enthusiastic much i took a look at the records and we will be flirting with a few record high pressure for the weekend. i'll be back with the wake up weather in a litt

s. clear skies. crispness in the air only sign of winter you will v. look at the high pressures tomorrow. 73 south bay san jose morgan bay los gatos mailed day in sunnyvale. 72 degrees on the peninsula. 73 redwood city. palo alto. looking at 67 in half moon bay. sunny day downtown san francisco well above ample at 69. 65 daly city and in the north bay we go with mid 70's around santa rose. 72 san rafael. vallejo. calistoga in the east bay oakland richmond 72, 74 fremont inland spots a little breezy in the hills. temperatures low to mid 70's walnut creek 74 livermore 73 degrees look at the accu-weather 7 day forecast. and you have to take a look carefully here. you don't see a rain drop in sight. really those temperatures will come up into the 70's next few days mid 70's in our warmest spots. saturday and sunday low to mid 80's inland. well above average. temperatures at the coast in the low 70's. might want to hit the beach for the weekend. i will tell enthusiastic much i took a lookc at the records and we will be flirting with a few record high pressure for the weekend. i'll be back with the wake up weather in a lit

s elsewhere. cooler tonight with lack of wind. 41 in santa rosa and napa and fruit in palo alto and morning -- morganp to 50 in san francisco of the heater could work tonight if it did future come on last night. while you were sleeping, high pressure found a friend. here is a clockwise flow with the warming trend. the seven-day forecast shows a couple of degrees warmer tomorrow with the wind subsizing on thursday and high cloud or two with temperatures a lot like tomorrow warming on friday and saturday and sunday looking to be the warmest but the coast is taking a run at 70 degrees, not too bad. notice all seven days are beginning to be dry. by the end of the week you by have to turn on the sprinkler systems. >> sounds like you have a good tail wind. the bay bridge toll plaza shows remark is heavy away from the maze to san francisco. the san mateo bridge shows traffic move -- moving along there. accident flow at this time. finally we continue southbound, san jose, 87, over to julian secret we have a few extra cars on the roads but we are accident free and moving at top speed. keep both hands on the w

morgan hill at 83. likely 82 in palo alto, but with just a slight onshore wind here for parts of the peninsula, still on the mild side in san francisco with 74 and mostly sun s sunny skies by the afternoon. 82 degrees for you in napa. 76 in oakland for the east bay and warmer as you go just a little bit inland with 80 degrees and throughout pleasant on, temperatures in the low 80s and mostly sunny skies. friday, upper 70s to near 80. saturday, just a little warmer, but you're going to be feeling it in the interior valley. low to mid-80s in livermore and san jose. napa also expecting 85 and the beach forecast still in line saturday and sunday. we're going to have to watch a little bit of that coastal cloud cover as we head throughout saturday's forecast, but all in all, you can't argue with 70s tat beaches. as we head throughout both days of this weekend. i don't know. i still might try some surfing this week. >> i keep thinking -- thanks. >>> it's one of the best places in the bay area, but now, a new campaign at fisherman's wharf may not be welcomed by businesses. >>> they're a staple at the pier, but seafood merchants aren't likely to be too pleased with t

s as it tries to attract readers willing to pay for news stories. will today's consumers so used to getting internet content for free really pay for these stories? morgan brennan reports. >> reporter: the "new york times" is launching a new app called nyt now. for $8 a month, users will get selective content from across the paper's web site that editors have deemed the most compelling. but the new app is coming with something else as well. what the company calls paid posts. better known as native ads, it's a new kind of advertisement, and one that publishers like the times hope will turn around declining ad revenues. >> in many cases the primary form of advertising in digital and in mobile. and i think a lot of digital publishers are moving to that, are embracing native because of that. >> reporter: native ads have been a source of controversy. they're the web's version of magazine advertorials, for matting like an article and giving an advertiser for brand storytelling. while they typically show up in content streams labled as ads, it can sometimes be easy for readers to overlook those disclosures. still publishers like the "new york times" are adopti

s&p 500. bank of america, goldman sachs, morgan stanley, and jpmorgan all to the upside. >> and bank of america'sge book, it included 119 mentions of the word weather. ten times more than the amount a year earlier. according to my next guest that's just another reason to worry about our economy. joining me now, former home depot ceo bob nardelli. >> great to be here. we're allç becoming meteorologists. >> aren't we? what does it tell us about how strong the u.s. economy is or isn't? >> i think we're all looking for reasons to try to explain some of the ups and downs and weather is always very convenient in all the businesses i have been in from construction equipment, agriculture -- >> some of the most weather sensitive businesses, include autos. >> including autos. auto was a little flat last month except for nissan and chrysler. they had a nice little bounce. one of the things we saw in a recent survey conducted by ernest and young. people that are getting loans or cars are up $100. we're falling back into a little bit of history about getting extended. >> i'm so glad you raise this point. we

. >> police in morgan hill want you to look at a sketch of a bank robber on the loose, african-american, in hid mid-to-late 30'snds wanted for a hold up on friday where he told the teller he had a gun. >> buying a house in san francisco get easier if you are a first time home buyer the city will end you $200,000 double the previous amount and you don't have to pay it back for 40 years or until you sell the house. the mayor says it will help middle-class families settle down if a difficult where the median home price now is mother -- more than $800,000. >> latest move a technical giant has for the iphone 5c. >> at 6:00, out of gas? uber and sidecar will have to under their on demand car services in the biggest cities in the country. >> perfect timing: a couple who unexpectedly saved the lie of a toddler and became heroes. >>> "dancing with the stars" is in full swing after the first performance of the season last night. charlie white and his partner startedded season strong triple 9's for a contemporary must be and first place finish. and an actress landed in second place and three-way tie for third place. in th

morgan is to with us and his call is he sees global growth stabilizing, thereby his call on the s&p isy double digits before year-end. let's start with you on that. you are and have been for quite some time a pretty big bowl on the markets. what gives you the confidence? >> when we look at what really matters for the next few years, it will be corporate balance sheets. companies have a lot of cash. they have been cautious. needlessly cautious. it results in a situation where stock has to be replaced. we have a cap spend cycle coming. when i look at consumers, hugely important to the economy, record well from all the appreciation of stocks and housing. doneeleveraging cycle is and banks are finally beginning to use lending standards, which have been unusually restrictive for the last 10 years. tells you they are starting to ease? >> we can see it in measured data. if you look at data from fannie and freddie, leicester, the average score for an approval loan was down 13 points. fromwhere its average 2009-2012. but it is still almost 30 points higher than it was in the early 2000's. we ha

s&p would close lower. again, only a couple points. >> joining, david darst, senior manager at morgan stanley wealth managementren myers will join us in a moment. he's getting miked up from a busy day on the markets. what did you think of the jobs report? it was a good report but markets unimpressed. >> 175,000 is a good number. the revision upwards from the previous months were good. what i think we need to notice is the way the market acted on tuesday and thursday this week. they put on a percent-plus each day in the wake of all these difficulties in crimea and the ukraine. a phenomenal performance for the week. it deserves to take a nap. >> you have a weekend coming up where who knows what might happen and i think people are just a little cautious going into today but overall i think the market reaction this week in the face of what's been out there has been tremendous. >> do you think, warren, 1850 is now a level of support, not resistan resistance? >> i believe it is. i have been saying for a while i thought we were on a potential for a breakout to the upside. i think 1850 may be a support and you might g

morgan. thank you very much. the stock is pretty much flat, jon. that may be a function of the day, because the dow and the s&p is pretty much flat, or is wall street, in your opinion, waiting for him to prove himself? >> i think they're waiting, and we'll hear a lot more again next week. i want to note, we saw that shot there. what he's wearing, polo shirt. short sleeves. different from the steve ballmer uniform. different than the bill gates uniform. clearly, he's dressing like a silicon valley developer. which i'll say is interesting, but here, expect not so much a shift in strategy here from microsoft from the big picture. they always wanted people to use their software in just about every device. >> absolutely. >> the strategy, make it work really well on window devices. now i think that's shifting a bit. under satya's leadership. they'll want it to work well on lots of devices, including ipads. we have to see how hard they're going to push that, though, because they haven't been willing to offer that much functionality for free on a device like an ipad. you have to sign up through subscription first to

s. as a result, some of the biggest names are rushing to beat the clock. citibank and wells fargo are upgrading a-t-m's. but the companies aren't giving any more details. j-p morganupgrade its a-t-m's in july. two months after microsoft stops updating x-p. so in the mean time, j-p morgan struck a deal with microsoft. to get x-p service for another year. i'm vicki liviakis kron 4 news. >> reporter: over the weekend applauding and thinking the interest of the fallen soldiers will happen next is with a glove even more. >> (cheers & applause) (cheers & applause) >>god bless and the >> reporter: 95 year-old joel bell became an aberration with cheers for his services he has been from llama and looks great career he has his uniform on and he looks great. cheering on while rumming. it is so spontaneous and that is why people love it. >> pam: he looks great! thanks jill for being in our committee thanks joe for being in our community! (kids shouting playfully) ♪ just a perfect day... (softly): great. ♪ problems all left alone ♪ weekenders on our own ♪ it's such fun ♪ just a perfect day ♪ you made me forget myself ♪ i thought i was someone else ♪ someone good ♪ oh, it's su

morgan leases the railyard from burlington-northern railroad so they can't control what happens on it. >>> the push to bring back affirmative action at our state's public universities is hanging by a thread. kpix 5's ryan takeo explains why many state lawmakers who previously supported the bill have now reversed course. >> reporter: in the heart of uc- berkeley, the group drawn to scale is a small scale representation of the student body's racial makeup. ♪[ music ] >> reporter: across california, 14% of the population is asian- american. here on cal campus, that number is 43%. >> primarily asian and lacking in african-american. >> reporter: african-americans make up only 4% of berkeley's student body. that's one of the reasons behind the push to use a student's race and ethnicity as part of the college admissions process. >> there's a lot of things working against people of color especially for african- americans so there's definitely a stepping stone to help us get into places like this and prove we are capable of being here. >> i'm asian-american. >> reporter: student leaders across the system want more diversity but she is in the minority when it comes to her own race. >> especially being one o

s&p, after a 45 day drilling ban. is planningetroleum to spin off the business by early next year. >> and our number one stopped of the day -- tp morganly today before -- jpmorgan. thanks rally today before the announcement the market closing up 110 points, and those stress test results are out right now. julie joins us with a look at who did ok and who did not do so ok. >> almost everybody did ok. 30 met or exceeded capital targets. this is now an annual exercise by the federal reserve. it lays out a scenario for another type of financial crisis in which these banks are stressed, how would their capital hold up, what kind of losses they would see, etc. it shows the total loan losses as a result of the stress scenario would be $366 billion, nine quarters of a stress scenario, and the tier one capital ratio is part of this. it looks like zion's is the the capital missed level. everyone else met it, but they now have a week to resubmit that plan, and there are discussions back and forth between the fed and the banks in this ensuing week. next week, we find out if any of these banks return capital to shareholders after they get the rubbe

s&p 500, financial and technology. some of these are up 6%, 7% in the last two days. jpmorgan, morganeat day. higher interest rates helping things here. again, flatter yield curve may not, but higher interest rates helping things. you talked about the stress test. 29 of 30 passing the stress tests. zions did not. trading down a little in the after hours. roughly 1%. tech, you know how the new tech names have all been big movers. look at old-school tech here. i'm talking microsoft. when was the last time microsoft was up 3%? i think what's going on here is these tech stocks are growthy. if you get higher interest rate environments, generally that's associated with more growth and you're buying into them. also, a lot of these soolder, my r speculative internet tech names might be played out. >> what if people here are rotating from consumer plays to enterprise plays? do you think that's part of it? >> that could be a little bit too. i want to note, the semiconductor index just broke out to like a 13-year high today. that's a one year. you got to go back to 2001 for a breakout. those are

s&p 500 up marginally. quick update on the story we mentioned a few moments ago, jp morgan chase sale of its commodity unitater this morning. the deal will be worth about $3.5 billion. we're not expected to hear any details today about the future of why masters is the head of that unit. kay, thank you for bringing us that news. brian. >> when we return on "squawk box," we're going to get behind the wheel. is general motors making the right moves in its recall? the stock continues to move high they are morning. also, can tesla win a dealership war with new jersey? your guest host, bob nardelli, rand chrysler will join us next. . no two people have the same financial goals. pnc investments works with you to understand yours and helps plan for your retirement. talk to a pnc investments financial advisor today. ♪ >>> welcome back, everybody. two big stories dominating your headlines over the past week. number one, the gm recall fallout. number two, tesla's fight to sell its vehicles directly to consumers. joining us now, bob nardelli. gosh, where should we start. let's start with gm, okay? >> okay. >> another

s&p 500 over the past year. maybe. except for richard kinder at kinder morgan i'm told.areholders says i'm investing right alongside you. >> and has held those 2 million shares since he became ceo. it's funny, he's a longtime ceo is mr. immelt at 12 years and counting. almost 12 1/2 years at the helm of ge. we've seen the stock trade at 45 times earnings. be almost $60 a share. 9/11 hit right after his tenure began as ceo. the company has not seen anything like those numbers since. dropping as low as $6 a share in march of 2009 if i recall. >> in fact, march 9th the anniversary of 666 is this sunday. >> we had the ceo keith sharon on "squawk box" as we revisited so many of the worries that we'd had a few months earlier that perhaps this whole thing is coming crashing down to sort of paraphrase george w. bush and it didn't, and the stock is obviously up now. but can the unit operate better together than apart. you don't hear activism with ge very often. but it's out there and i've had those conversations. it's an enormous company but it's certainly something they are focu

s. as a result, some of the biggest names are rushing to beat the clock. >> reporter:citibank and wells fargo are upgrading a- t-m's. but the companies aren't giving any more details. j-p morgan chase will upgrade its a-t-m's in july. two months after microsoft stops updating x-p. >> reporter:so in the mean time, j-p morgan struck a deal with microsoft. to get x-p service for another year. for big banks, the issue is that replacing an a-t-m isn't easy. software updates sometimes have to be done one a-t-m at a time. >> reporter: that replacing an a-t-m isn't easy. have to be done one a-t-m at a time. and there's a bit irony in the story. those random a-t-m's in malls and bars run on an even older version of windows. a version microsoft still supports. >> catherine: a gas explosion in new jersey today leveled a home -- and sent seven people to the hospital. when you look at the aftermath - it's hard to believe that no one was killed here. this happened when pg&e crews were working on a gas line that had been damaged by a private contractor. >> catherine: the gas ignited at a suburban town house.that home blew up -- and others were damaged. the injuries included concussions, bro

s. low 60s the coast. 64 san francisco. some of us reaching 72, livermore and antioch. 72 morgan hill with a very weak on shore breeze. when i come back i will show you a look at the detailed forecast for the second half of the weekend and into the extended forecast it looks like rain is on the ray. i will show you that future cast model coming up. >> we start this morning with developing news on the airline commercial jet that's been missing for two weeks a satellite has spotted a new large object floating in the southern indian ocean. it's about 75-miles southwest from where an australian satellite saw something in the water just a few days ago. planes and ships have been searching for any signs of the flight for three days. this morning at a news conference the defense minister said more ships are headed to the area. >> they will send ships. the government will be there in a couple of hours. this floating object is 31- meters long and 30-meters wide. >> 239 passengers and crew were on board when that plane disappeared. the united states, new zealand and japan are also helping with the search. >>> we have a special

s there along the shoreline as well. did i get out of it either you have 72 down and services go. 73 for berkeley and along the '70s for pittsburgh morgane rest of the week we got sunny conditions for thursday friday and going into the weekend temperatures and will become sunny if you are heading to steer here's a look of your ski report. well start off with sierra at 77 in. for your bank no new snow in the last few hours the sugar bowl you have the base steps of 80 and kirkwood about 82 for your base of this time. << so check this hour early this morning we had showed you this video of strangers kissing for the very first time will crime 4 has covered this video << the people locking ways are actually hired actors the valley video has been some viewed 4 million * and i think the video is 10 times more awkward if they were not hired actors. << new details on the richmond teacher accused of sexually abusing six students use the after-school program that he found he still sexually abused the students. he allegedly show the students pornography in he sexually abused boys between 11 and 12 yes this suffered numerous child court order freein

morgan is here. >> you seem excited. >> very excited. >> conference tournaments are wrapping up and upsets. the shadow has enveloped many coaches and come through u.c.l.a. 'sse the run of national titles. now it's steve alford's turn in the pressure cooker. and in his first season at the helm, so far so good. the bruins facing arizona. carl anderson drives. he'll make a difficult lay-up, part of a 12-0 u.c.l.a. run. bruins lead by three. second half tied at 66. aaron gordon backing down the defender. under a minute to go. we are tied at 68. jordan adams, watch this. 19. u.c.l.a. wins the tournament. beating arizona 75-71, and the bruins fans whoop it up. >> over to the big 12 championship final. baler's bears. baler up six, cory jefferson with his first impact. finishing with five points. the bears leading by 10. cyclones rally under 6 minutes to go, tied at 50. melbourne buries the free, giving iowa its first lead. iowa seals it. gets the lay up to go. five cyclones in double figures. iowa beating baler 74-65 for the first big tournament title since 2000. >> creighton and providence in a final hugging it out at maddison square garden. tyler harris takes i

s&p. that's a gain of 7% or 8% from here. adam parker is the chief u.s. equity strategist from morgan stanley.how are you? >> i'm good. you are optimistic where the market will go. >> he have a 6% growth operating margins for the year and we'll get 8% corporate earnings growth in our base case so we're pretty constructive still. >> a lot of people are still poring over what the dallas fed president richard fisher meant when he said he felt we were feeding imbalances as a result of qe similar to what happened before the financial crisis. he said some valuations are at eye-poping levels. would you use the bubble word and if so at what asset class? >> well, look, i think we all romanticize that we'll sniff out the bubble the day before everyone else and get rich and famous for it. but at the end of the day i don't think 15 1/2 times forward earnings for the s&p 500 is in a bubble territory. i think there's been real changes to the market because of the quantitative easing and the number one most important thing, simon, basically companies have all pushed out their financial obligation for two or