They need to help people like me understand how to get this up and running pretty easily and within imessage. Thats the key. And the apple watch is going after fitbit. Once again im going to be wearing a dinosaur at some point in the technology world, but well take you live, get more details. Were still waiting to hear about the siri speaker that will take on alexa coming up. Thats the big question hovering over that conference. Also shares of blue birth b blue bird bioare poppi are popp trump announced plans to privatize air Traffic Control. What would that look like exactly, how does that work . Transportation secretary elaine chao will be joining us in a first on cnbc interview coming up in this hour. Lets get to the Apple Developers conference in san jose, california. Josh lipton is on the scene with some details for us. Josh . Reporter bill, there are more than 5,000 developers here behind me today. They want to hear about software updates. They listened to apples tim cook and oth
Actions. Prosecutors did not file charges against the property or property owner. What we are discussing is charges that we have levied against these individuals and we wont take questions that are speculative like that. Reporter attorneys for him said he will be defended in a court of law. These charges represent no less than a miscarriage of justice and we are confident this attempt to make a scapegoat out of our client will fail. The oakland mayor says the charges, quote you will get away with making a profit by cramming people into dangerous spaces are failing to maintain safe living conditions. Derick almena is in lake county and the other defendant in la. Arraignment dates have not been set. Henry, what agencies are involved in helping me todays decision . Oakland police and fire, atf and the Alameda County sheriffs office. Henry, thank you. Michael cardozo joined us earlier on the phone to talk about the arrest today. Someone said the wheels of justice ran slowly but finally. Wh
Congress. Julie hyman. Taking another drop lower. Another drop lower. Another expectation that they will show an uptick and supplies that will show more bad news for oil. The fifth straight day of losses for the s p 500. The longest losing streak in 13 months time. It seems as though good news in terms of the drop of oil has definitely turned to bad as we have seen the ripple effects from the drop in oil. The s p down for. 5 since a last hit a record on september 29. Crude oil still trading below 50 per barrel and extending losses. Whereas before we were just seeing Energy Shares take the brunt of the selling it has really spread to other industries. Interestingly when you look at what stocks are doing today, financials are some of the worst performers. Energy also doing poorly. Any rituals on the list. There seems to be mounting concerns about some of the investments these Financial Companies have made. Energies also on the list. Also we are seeing in small caps it is exacerbated. The
The formonth extension of greeces bailout. Hans nichols joins us from berlin. This is expected to pass despite growing concerns in berlin about greeces new government. Hans it is being debated right now in the bundestag. There are about 22 defections expected from merkels party. Francine, what you are hearing right now in the German Parliament is basically a predebate, a debate that everyone expects they will have in four months time about whether there is going to be more a sent in greeces direction. What is clear from all the parties talking now is they are willing to give greece a chance. They want four months to see what this new government can do. It is contingent on what greeces moves are. It is expected to pass, but there is pressure on merkels party from the alternative for deutsche land, a new antieuro party. The next four months are going to be determinative. Everyone is trying to prepare their arguments for the battle to come. Francine hans, if you look at the hurdles, the g
Cap off the best quarter since 2004. We have a labor market improving. Gasoline prices which remain low. The number coming in at 93. This is university of michigans confidence reading. 95. 4 is where it was in february. The average from january through march was the highest we have seen ends the Third Quarter of 2004. If you look at the various components within confidence you want to look at the Inflation Expectations in particular. It looks like Inflation Expectations over the next year remaining at 3 , which is what economists had predicted. We will continue to look through these numbers. Overall, not seeing as much of a drop in the confidence number as had been anticipated. Matt thanks very much. Breaking the march news, the Consumer Confidence number they are at 93. Number there at 93. The top business stories of the morning. Big news out of washington. The most powerful democrat in washington will retire. Harry reid will not seek reelection. He has been the democratic leader for