Lets start with breaking news on housing. New home sales for april hitting the wire. Mike mckee is with us. It looks to be at 6 . Lessat would seem to be than forecast. You have to look at the revision pretty Commerce Department revised the last years newhome sales numbers. That pushed up the march number. March had fallen off a cliff. Now it is much better. It had been a 14 decline. It is nothing like that now. The increase is good. 14 . decline instead of the increase looks better than it might have otherwise. We did ask three questions about this report earlier. Here is what we can tell. The first question was, was it the winter effect . Hard to know because newhome sales did not increase in the northeast. You would think that would have happened because the storms were over. There were storms in the midwest and south. Whetherconclusive on there might have been more home buying. More people bought at the lower end of the scale this month. It looks like we are seeing the kind of mome
Radio cohost, carol massar. Thank you. The ceo of Sony Entertainment america is the down. Sony says it was a a mutual agreement to not extend his contract. He oversees the Playstation Game console. Boeing will pay pensions for 69,000 nonunion employees and an executive. They are shifting benefit payments to a 401 k style plan as it works to cut costs. The changes will take effect january 1, 2016. And these headlines are just crossing that allergens is buying safeway for about 40 per share. 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, theres 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
Yes, we will talk about Frank Sinatra and whiskey. Headlines from my radio cohost, carol massar. Thank you. The ceo of Sony Entertainment america is the down. Sony says it was a a mutual agreement to not extend his contract. He oversees the Playstation Game console. Pay pensions for 69,000 nonunion employees and an executive. They are shifting benefit payments to a 401 k style plan as it works to cut costs. The changes will take effect january 1, 2016. And these headlines are just crossing that allergens is buying safeway for about 40 per share. 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, theres the weaker Canadian Dollar. The president and chief executive officer of air canada joins us now from our to
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The big changes in the forecast. Illconceived the cloud cover moving van. Were looking at some areas oclockclouds. Visibility down to a miler sold. Today not expecting rain. Maybe a sprinkle. Generally in the north bay. Temperatures be a lot cooler. Upper 70s and land with no 90s. Tomorrow showers are likely. I dont think very heavy. We are lookinghours to impact us saturday. It will be breezy once again. Sunday is sunnier and dryer. When i come back i will break down the rain forecast hour by hour first tier is erica. Erica good morning anny. I think everyone will have an extra time to enjoy that cup of coffee. No hot spots and no busy traffic. No problems for those of you coming from the left can lanes are using a 880 approach. A little bit of slow traffic west of highway 4 but nothing compared to what where are used to. James hundreds of people are lining up at apple stores throughout the bay area and across the country as they anticipate the release of the iphone 5 s and five see.