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Nov 9, 2023
11/23
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we're talking about ford and gm.there's absolutely no hurry to buy them because we're in the wrong part of the business cycle for anything auto-related. so take your time and wait for more weakness before you pull the trigger. and tesla, it's always going to be great it's just that it's greater at some points than it is in others like right now marty in new york. marty. >> caller: hey, jim, great show. >> thank you, marty. >> caller: after occidental's earnings calls this week what are your short-term and long-term thoughts on the stock? >> well, i don't really care for it it's been bid up by warren buffett, frankly i think it would be lower if it weren't for mr. buffett's buying i very much prefer coterra which had a much better quarter and i think that's the one you want. i think that's the one you should buy we own that for the charitable trust. george in texas. george >> caller: yes, sir. how are you doing, jim >> i don't know, george. i'm talking about these autos and i'm just sick that they're doing so poorly.
we're talking about ford and gm.there's absolutely no hurry to buy them because we're in the wrong part of the business cycle for anything auto-related. so take your time and wait for more weakness before you pull the trigger. and tesla, it's always going to be great it's just that it's greater at some points than it is in others like right now marty in new york. marty. >> caller: hey, jim, great show. >> thank you, marty. >> caller: after occidental's earnings calls this week...
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Nov 26, 2023
11/23
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he doesn't say it's not okay to kill gm or anybody else.e's silent on the subject and but he could have he could have if he wanted to. he could have told mccone, make it clear that if you kill gm, you're not getting a penny of american aid, for instance. right? yes. he could have made it a condition and he chose not to. and unfortunately don't. we don't know why he didn't say why. we can speculate, but we're just speculating. it's amazing how you've been able to navigate cryptic language, silence, cable, a bureaucratic kind of euphemism to understand what happened here. well, i think it would not have been completely clear without john mccain's testimony on it, which included the best line is no line cable, which really makes it very clear where that the kennedy administration left it to the generals to decide. and william colby and i'm sorry to interrupt that and that, but they knew that the generals had assassination on their mind. they did. so, yes, they were not it's not like they never thought of this. they in large had brought it up f
he doesn't say it's not okay to kill gm or anybody else.e's silent on the subject and but he could have he could have if he wanted to. he could have told mccone, make it clear that if you kill gm, you're not getting a penny of american aid, for instance. right? yes. he could have made it a condition and he chose not to. and unfortunately don't. we don't know why he didn't say why. we can speculate, but we're just speculating. it's amazing how you've been able to navigate cryptic language,...
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Nov 1, 2023
11/23
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said it was $175 million in terms of profits lost, so stellantis ended up losing more than ford and gm, which was over $1 billion. host: but ultimately, losses are the thing that drove some type of resolve. guest: absolutely. it did seem to be the union strategy all along. it was to put this on similar to begin with, and let the negotiations continue while carmakers were hurting a little bit and then bring it up to a low boil and then finally to a raging boil when they took out ford's kentucky plant, it's most profitable, followed a week or so later by the big plant here in suburban detroit for stellantis and then general motors, arlington, texas, plant, which makes big suvs, so the pressure was really on. host: what do the workers game? guest: very large pay increases. that was at the center, not just 25%, but they brought back cost-of-living, so that right there was the center, and then they expanded from there, where more workers will get the full pay because some plans have lower pay than workers and other plants, and that was not entirely eliminated, but it changed quite a bit, wh
said it was $175 million in terms of profits lost, so stellantis ended up losing more than ford and gm, which was over $1 billion. host: but ultimately, losses are the thing that drove some type of resolve. guest: absolutely. it did seem to be the union strategy all along. it was to put this on similar to begin with, and let the negotiations continue while carmakers were hurting a little bit and then bring it up to a low boil and then finally to a raging boil when they took out ford's kentucky...
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Nov 29, 2023
11/23
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gm raising its buyback and dividend.hat stock up 10%, the second-best within the s&p, and gamestop, this one is awesome. up by 15%. wild volume. you're basically looking at traders saying the stock will rally 50% in a little over a week. as it was put to us the last hour, if you are doing that, you are not worried about putting groceries on the table if you are trading options for gamestop. the 10 year yield is down for basis point spaghetti it was a little more severe in the front end, particularly before we got those comments. guy: i cannot believe we are talking about gamestop yet again. if you want to talk about frost maybe there is some evidence in this market. the bond market is where a lot of the action is centered or at ast coming from and generating some of the action we are seeing in the equity market. it has been a spectacular month for the bond market. the question is, at some point will the fed, ecb, bank of england have to push back? to a certain extent they have but recent evidence they become for me and c
gm raising its buyback and dividend.hat stock up 10%, the second-best within the s&p, and gamestop, this one is awesome. up by 15%. wild volume. you're basically looking at traders saying the stock will rally 50% in a little over a week. as it was put to us the last hour, if you are doing that, you are not worried about putting groceries on the table if you are trading options for gamestop. the 10 year yield is down for basis point spaghetti it was a little more severe in the front end,...
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Nov 21, 2023
11/23
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we'll get that update next wednesday from gm.on two things what is the guidance for the full year? and what are we going to hear about what they think about the direction of cruise? i'm not sure how detailed they'll get with cruise, but certainly the guidance is going to be in focus >> phil, thank you phil lebeau. this will be an interesting one. because it's got its core business, which is challenged by higher labor costs, among other things it's an 11% immediate increase in pay, and then cruise, which has lost its visionary and it's lost $1.9 billion so far this year >> floundering >> it's made $76 million, which is pocket change here. >> i think the reorganization for gm was, what, the summer of 2009-ish or so you go back -- these last 14 years in some ways probably have been the golden era of auto sales, yet the stock, if you go back and look, it's probably the same price that it's been. if you are a stock holder, you are not particularly happy we sit here, within a whisper of a multiyear low in terms of the stock. i don't kn
we'll get that update next wednesday from gm.on two things what is the guidance for the full year? and what are we going to hear about what they think about the direction of cruise? i'm not sure how detailed they'll get with cruise, but certainly the guidance is going to be in focus >> phil, thank you phil lebeau. this will be an interesting one. because it's got its core business, which is challenged by higher labor costs, among other things it's an 11% immediate increase in pay, and...
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Nov 29, 2023
11/23
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watching geor wat watching gm shares.hil lebeau joins us he talked to the ceo last hour has more details. >> that stock move with general motors up so% because of the stock repurchase program. i think what's interesting when you look at the commentary about where the company stands in terms of its outlook and here's what she had to say, basically comes down to a few things. revising their 2023 guidance, not a dramatic change. essentially roughly inline with where they were, lower on the full year profit. they are lowering their crew spending by hundreds of millions of dollars, we'll get more details on that in the next couple of months and improve their ev execution, that came out in a conference call and when we talked with mary last hour, here's what she had to say. >> there was challenges with labor negotiations et cetera, they're behind us now, that gives us confidence in the business, confidence to do the asr at a $10 billion level and we'll move forward and execute and move past the bumps in the road in the areas of
watching geor wat watching gm shares.hil lebeau joins us he talked to the ceo last hour has more details. >> that stock move with general motors up so% because of the stock repurchase program. i think what's interesting when you look at the commentary about where the company stands in terms of its outlook and here's what she had to say, basically comes down to a few things. revising their 2023 guidance, not a dramatic change. essentially roughly inline with where they were, lower on the...
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Nov 2, 2023
11/23
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linton commanders, gm, martin mayhew have a relationship. they were buccaneers teammates in the late 90's and lynch hired mayhew to work with him in san francisco today, lynch said the 2 friends been talking about a potential deal for young for a few weeks. but even though young should add an instant boost to the forty-niners d line, he's 5 sacks are more than any current. 49 er has this season. lynch said the forty-niners defense still has a lot of work to do to get what they want to be. >> i grew up with football in the nfl. you get are in the right to rush the passer and and you do that by playing the run. well, and we've not been good enough there. so i think when we start doing the little things right, that gives you the opportunity and ultimately, i i we're going to we're going to get this thing right. and all those things. but that definitely is true. we've got we've got to shore that up. that starts with stopping the run. you know, we have doing that well enough. so we've got to do that. and then you know, we've got ability option as
linton commanders, gm, martin mayhew have a relationship. they were buccaneers teammates in the late 90's and lynch hired mayhew to work with him in san francisco today, lynch said the 2 friends been talking about a potential deal for young for a few weeks. but even though young should add an instant boost to the forty-niners d line, he's 5 sacks are more than any current. 49 er has this season. lynch said the forty-niners defense still has a lot of work to do to get what they want to be....
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Nov 29, 2023
11/23
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a lot of it was built in inside gm.s. lisa: how much is this an excuse , how much is competition from china? may be combustible engines will not be long-term but right now, we are not competing with what's coming out of china and korea and japan? david: it's a tough time to be running any of these old car companies because you have tesla stealing the luxury market. you have this threat of companies from china company coming. and they're struggling to come out with their own electronic vehicles. this is the one thing they can do to keep investors happy. tom: i saw an inventory chart, tell us about inventory us into the winter months? is everything on sale? david: we haven't seen that yet. as interest rates eat into consumer confidence and raise monthly payments for vehicles which were already really high. i think you are going to have to see incentives to come in to offset the interest rate effect. interest rates have an impact on the economy. they slow activity down, thus economics 101 and thus what the fed wants to see
a lot of it was built in inside gm.s. lisa: how much is this an excuse , how much is competition from china? may be combustible engines will not be long-term but right now, we are not competing with what's coming out of china and korea and japan? david: it's a tough time to be running any of these old car companies because you have tesla stealing the luxury market. you have this threat of companies from china company coming. and they're struggling to come out with their own electronic vehicles....
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Nov 30, 2023
11/23
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gm and ford, gm yesterday, big move yesterday, stock buyback, all of the good stuff. by .7 5%. sitting its forecast from $10 billion to $10.5 billion. the number that jumps onto me, the labor pact cost. expected to cost $8.8 billion. gm was around $9 billion. the cost effect is about $900 per vehicle. that is a contrast from gm, a few dollars more -- a few hundred dollars more. lisa: they are either going to visit in margins or be charging more for vehicles. gm was saying they could offset it. here is the question, is this going to a limited competitiveness when they're facing off with vehicle manufacturers and -- manufacturers in china and elsewhere. how much is the price point increase in the question? does it come with margins or with pushing the consumer more? jonathan: they put a number on the margin, $1.7 million. that is a punchy number. lisa: i find interesting they reiterated their full-year forecast. next year is the question. if we get a softening in the economy and they have higher charges from existing labor contracts, where does it come from if they are struggling
gm and ford, gm yesterday, big move yesterday, stock buyback, all of the good stuff. by .7 5%. sitting its forecast from $10 billion to $10.5 billion. the number that jumps onto me, the labor pact cost. expected to cost $8.8 billion. gm was around $9 billion. the cost effect is about $900 per vehicle. that is a contrast from gm, a few dollars more -- a few hundred dollars more. lisa: they are either going to visit in margins or be charging more for vehicles. gm was saying they could offset it....
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Nov 30, 2023
11/23
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they're having its funding slashed by gm. what this means for the entire self-driving industry moving forward. >>> also, more hostages being released by hamas. among them, an american woman while some families are being reunited, the push to release all of those being held captive continues. >>> it has been more than 20 years since the u.s. hosted the olympics. the summer olympics are coming to l.a. in less than five years. the winter games coming and the american city that could be next in line. >>> the news at 5:30 starts right now. >> big news for self-driving cars. general motors announced a huge cut in funding for cruise. cruise is the san francisco-based driverless car company that's had all sorts of problems lately that we've exposed. our business and tech reporter scott buttman spoke to city leaders today and potential passengers about what all this means. >> reporter: after numerous examples of cruise robo taxis shutting down and one of its cars dragging a pedestrian, the dmv pulled the self-driving permits. cruise s
they're having its funding slashed by gm. what this means for the entire self-driving industry moving forward. >>> also, more hostages being released by hamas. among them, an american woman while some families are being reunited, the push to release all of those being held captive continues. >>> it has been more than 20 years since the u.s. hosted the olympics. the summer olympics are coming to l.a. in less than five years. the winter games coming and the american city that...
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Nov 29, 2023
11/23
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i don't think it's doing quite well. >> sticking with gm., you could buy it now again. >> kerry? >> american express. it's continuing to benefit from millennials coming into their network, and with lower interest rates, it's good for their earnings. >> joe, last word. >> kkr. the stock is breaking out. november of 2021 highs. i think those are in play. it's hard to find a financial company where you can say that november '21 highs are in play. >> why is it up 6.5% now? >> the stock has performed well off of earnings. they have been active in a lot of deal making and m&fx. operational efficiency. >> taking a look, just a short time ago, the dow was at session highs. the s&p and the nasdaq both up just about a quarter of a per sent. that's going to do it for us. we have "the exchange" starting right now. welcome to "the exchange." i'm kelly evans. the investment world has lost a legend, but charlie munger's wit and wisdom lives on. we'll speak to two share holders what this means as berkshire as a company and where they are seeing opportunitie
i don't think it's doing quite well. >> sticking with gm., you could buy it now again. >> kerry? >> american express. it's continuing to benefit from millennials coming into their network, and with lower interest rates, it's good for their earnings. >> joe, last word. >> kkr. the stock is breaking out. november of 2021 highs. i think those are in play. it's hard to find a financial company where you can say that november '21 highs are in play. >> why is it up...
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Nov 29, 2023
11/23
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gm announced a $10 billion buyback. why not? stock sales at four times earnings. that's arguably the cheapest stock. interest rates are going higher and loans getting more expensive. they wouldn't announce that buyback. but they don't. do you know what my favorite dead area is? my favorite area left for dead, train wreck, out the window, retail. ever since gap -- ever since gap reported an okay quarter so stocks dropped 50%, i have been blown away by how little it takes to move these retail stocks higher and how much money you can make in them. the fact that old navy's 1% store sales could spur such a huge game is crazy. crazy good. hey, look what happened to footlocker. same store sales down a percent. but wall street was looking for down 10%. and the rest of the quarter was better than feared numbers. so the stock jumped 16%. i repeat 16%. oh, i like apple. own it, don't trade it. as i told members of the cnbc investing club, this is mary dillon's company now and dillon traded ulta beauty to rover. once it's right, the stock started roaring. i bet many bear anal
gm announced a $10 billion buyback. why not? stock sales at four times earnings. that's arguably the cheapest stock. interest rates are going higher and loans getting more expensive. they wouldn't announce that buyback. but they don't. do you know what my favorite dead area is? my favorite area left for dead, train wreck, out the window, retail. ever since gap -- ever since gap reported an okay quarter so stocks dropped 50%, i have been blown away by how little it takes to move these retail...
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Nov 28, 2023
11/23
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gm and ford spent their market cap in 1.9 and 2.6 years respectively.s cannot continue, in our view. what do you make of this note? two stocks that have done next to nothing. you saw general motors target 40. it's well below that now. can we throw ford up? that was quick. the target is 15. general motors trending shy of 29. he has 40. ford, there it is at 10, he has 15. >> good setup. i agree with the premise. i agree this is the year coming up that it's either make or break. and i hate saying that, but it's the truth. there's a lot that's gone on. we have this tug of war between evs and internal combustion engines. the adoption of evs is actually helping internal combustion energy as it is lowering gasoline demand and making internal combustion engines from a cost point of view more attractive than just a year ago. you're seeing good demand which helps gm and ford. however, the labor costs we need to see. there's been a ton of profits. i think it's simple to raise prices 1% to 2% on your auto sales to cover the cost but we have to see. >> the commentar
gm and ford spent their market cap in 1.9 and 2.6 years respectively.s cannot continue, in our view. what do you make of this note? two stocks that have done next to nothing. you saw general motors target 40. it's well below that now. can we throw ford up? that was quick. the target is 15. general motors trending shy of 29. he has 40. ford, there it is at 10, he has 15. >> good setup. i agree with the premise. i agree this is the year coming up that it's either make or break. and i hate...
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Nov 20, 2023
11/23
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the ceo of gm's taxi unit leaving.ll get the details on this saga, including who is set to take control now when "power lunch" returns you can't buy great conversations or moments that matter, but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine. t. rowe price, invest with confidence. icy hot. ice works fast. ♪♪ heat makes it last. feel the power of contrast therapy. ♪♪ so you can rise from pain. icy hot. something amazing is happening here. students are inspired and engaged. that's because school districts consulted with cdw to design modern classroom solutions with preconfigured hp devices making education immersive, accessible and secure. now, when researchers study elephants, kids learn from 9000 miles away. make amazing happen. hp and cdw. >>> welcome back to "power lunch. let's get to that resignation of the high-profile ceo of a tech startup, not openai, it's cruise we're talking about now. deirdre bosa joins us with more on this saga, and what a
the ceo of gm's taxi unit leaving.ll get the details on this saga, including who is set to take control now when "power lunch" returns you can't buy great conversations or moments that matter, but you can invest in them. at t. rowe price our strategic investing approach can help you build the future you imagine. t. rowe price, invest with confidence. icy hot. ice works fast. ♪♪ heat makes it last. feel the power of contrast therapy. ♪♪ so you can rise from pain. icy hot....
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Nov 29, 2023
11/23
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she's done a very good job over the last time running gm differently. but listen, there was a lot of investor concern coming out of the uaw negotiations, around rising costs, s with labor, slog ev demand, which they put a lot of investment in, and just overall higher interest rates and what that means for demand going forward. so, i think she really wanted to make the statement that says, listen, this stock is undervalued, and i think as was mentioned earlier, she kind of put a floor on that. i think going forward, the frustration is, you know, she has staked her reputation on the new ev and autonomous technologies. she's, you know, had a messaging over the last couple of years of, listen, we're really becoming a tech company, and not a traditional automaker. and they're having issues, as they ramp up those technologies, and you have a big competitor like tesla, who, yes, their margins are down, buzz they're profitable. so, i think that's the challenge. i think she has put a floor in, but they have not executed this year on, you know, her two main pilla
she's done a very good job over the last time running gm differently. but listen, there was a lot of investor concern coming out of the uaw negotiations, around rising costs, s with labor, slog ev demand, which they put a lot of investment in, and just overall higher interest rates and what that means for demand going forward. so, i think she really wanted to make the statement that says, listen, this stock is undervalued, and i think as was mentioned earlier, she kind of put a floor on that. i...
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Nov 9, 2023
11/23
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. >>> the move gm is making because of some safety concerns. we will tel you about them in l for cruise. gm is recalling about 950 of the cruise autonomous vehicles to update self-driving software after a crash in san francisco last month. cruise car drag add pedestrian 20 feet. the cruise car didn't cause the crash. a hit-and-run driver caused the crash that hit the pedestrian first but that crash threw her in front of the cruise vehicle where she was pinned underneath and then the cruise car dragged her as it was trying to pull to the side of the road. last month the california dmitry revoked the permit for driverless cars. gm says the software update will make cruise cars remain stationary stoo should a similar incident occur. >>> meta is issuing new rules tied to the use of artificial intelligence for political advertisers. it applies to all of its platforms. the company will now require disclosures when ads are digitally altered. that includes any so-called deepfake videos featuring a candidate. the policy stops short of banning all altere
. >>> the move gm is making because of some safety concerns. we will tel you about them in l for cruise. gm is recalling about 950 of the cruise autonomous vehicles to update self-driving software after a crash in san francisco last month. cruise car drag add pedestrian 20 feet. the cruise car didn't cause the crash. a hit-and-run driver caused the crash that hit the pedestrian first but that crash threw her in front of the cruise vehicle where she was pinned underneath and then the...
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Nov 9, 2023
11/23
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. >>> gm is recalling about 1,000 of its autonomous cars.hat move is preventing accidents to one that happened in san francisco. a hit-and-run driver struck a woman. that threw her in front of a cruise vehicle. that cruise car dragged her as it was trying to pull over to the side of the road. gm says the software update should make the cars stationary should an accident happen in the future. >>> a well-known nudist resort is up for sail. you interested? it was once the site of a winery. it would serve as a haven for nudists. the owner is going to sell the property. it includes a swimming pool, hot tub and sauna. the asking price for this colony, 32 million bucks. >>> san francisco's united nations plaza has a new look and is getting good reviews. for years, the plaza was a drug market. it has been revamped. and there's a permanent gaming area for people to play chess, ping-pong and corn hole. it took two months to complete. >> all in time for apec summit. >>> we're going to check in with the 49ers and the thrilling game from >>> okay, the pl
. >>> gm is recalling about 1,000 of its autonomous cars.hat move is preventing accidents to one that happened in san francisco. a hit-and-run driver struck a woman. that threw her in front of a cruise vehicle. that cruise car dragged her as it was trying to pull over to the side of the road. gm says the software update should make the cars stationary should an accident happen in the future. >>> a well-known nudist resort is up for sail. you interested? it was once the site of...
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Nov 9, 2023
11/23
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. >>> gm is now recalling its crews cars a few weeks after california pulled them from the road. >>> this is cbs news, bay area. with juliette goodrich. >>> get ready, it is the biggest gathering of international leaders since the un charter was signed more than 65 years ago. a pack kicked off this weekend. the city is still trying to reinvent itself after a pandemic slum. leaders of more than 20 nations will attend and security will be unlike anything we have seen before. you may have noticed signs and closures but it will ramp up on monday. be prepared for checkpoints and other security measures around the center in soma. the legion of honor at lens and the peer between 19 and 23. >>>'s it's important the city puts its best face forward. today you want plaza reopened with a new look. now it has a skate park, fitness area, ping-pong and chess. this area had been known for attracting drug users. the hope is that the renovation will make it more family and tourist friendly. >>> another challenge for the city, to bring back the vibrant atmosphere the downtime. the latest numbers by rea
. >>> gm is now recalling its crews cars a few weeks after california pulled them from the road. >>> this is cbs news, bay area. with juliette goodrich. >>> get ready, it is the biggest gathering of international leaders since the un charter was signed more than 65 years ago. a pack kicked off this weekend. the city is still trying to reinvent itself after a pandemic slum. leaders of more than 20 nations will attend and security will be unlike anything we have seen...
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Nov 9, 2023
11/23
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yesterday gm said it was recalling all 950 of its driverless cruise cars for software update.s after an incident in san francisco last month, during which a pedestrian was hit by and vehicle. >>> hollywood is back in business after nearly 4 months. the actors strike is over. the actors union reached a tentative deal with major studios last night. the union says the more than $1 billion, three-year contract, includes big gains and wages, bonuses, and a.i. protections. >> we are celebrating together having accomplished something we feel like that's right the ship in this industry in a way that had to happen. >> we would never let go of what we really needed. we met the moment. >> actors should be heading back to work soon and people in the industry believe production can potentially resume in january. in time for the 2024 movie slate. >>> prices for thanksgiving bird are down 13%, compared to a year ago. they may follower. according to the wells fargo agri-food institute. hama is up about 5%. canned cranberries, up 60% this year. but fresh fruits and vegetables are either at or
yesterday gm said it was recalling all 950 of its driverless cruise cars for software update.s after an incident in san francisco last month, during which a pedestrian was hit by and vehicle. >>> hollywood is back in business after nearly 4 months. the actors strike is over. the actors union reached a tentative deal with major studios last night. the union says the more than $1 billion, three-year contract, includes big gains and wages, bonuses, and a.i. protections. >> we are...
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Nov 1, 2023
11/23
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gm never sold any of the ev one to anybody.y put it out as police to people who were first adopters i wanted technology. at the end of the lease, they wanted them all back and a few of these people were upset because they wanted their ev's because there was at the house like it on the market, and there was a bit of an uproar. it was all for gm to be a learning experience, and a lot of what they learned on the eeev one was applied to other vehicles like the chevrolet volt , a hybrid electric vehicle that would run on electricity for a wild, generated by the engine, and then on today's ev. it was a learning platform for gm and a development platform, but it was never meant to be a vehicle sold to the public. host: linda is in ohio. go ahead. caller: good morning. my question is, the settlement that the uaw reached with automakers, did that change anything or enhance any of the retirees' pension or benefits? guest: yes, retirees are getting several one-time bonuses. i cannot remember the number or amount, but it is the first time
gm never sold any of the ev one to anybody.y put it out as police to people who were first adopters i wanted technology. at the end of the lease, they wanted them all back and a few of these people were upset because they wanted their ev's because there was at the house like it on the market, and there was a bit of an uproar. it was all for gm to be a learning experience, and a lot of what they learned on the eeev one was applied to other vehicles like the chevrolet volt , a hybrid electric...
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Nov 21, 2023
11/23
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given that gm bought them for over $1 billion.s setback will cost gm. a $50 billion business by 2030. how much money do they have to lose just to get there? elon musk is a big believer in self driving. there is also many autonomous vehicles in scottsville, arizona. they do not build cars, they just make the self driving technology. you can be like ford with has hands-free driving options, that is a total adjustment to the market. i am rooting for gm to get things back in line. i don't know if they have the horses. spend a huge amount of money. something that wall street cannot tolerate even now, they are safer than cars driven by humankind. right here on mad money, i am jim cramer. last call starts now. >>> i am brian sullivan. elon musk is taking aim on a large lawsuit. the investigation. he will join us. no one is buying a home right now. home prices keep going up, how? for how long? shares are surging. the most important stock in the world. targeting the company that can use ai to sell and save lives. the founder of the company
given that gm bought them for over $1 billion.s setback will cost gm. a $50 billion business by 2030. how much money do they have to lose just to get there? elon musk is a big believer in self driving. there is also many autonomous vehicles in scottsville, arizona. they do not build cars, they just make the self driving technology. you can be like ford with has hands-free driving options, that is a total adjustment to the market. i am rooting for gm to get things back in line. i don't know if...
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Nov 17, 2023
11/23
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auw went on strike against gm gm, ford and stellantis in september. after weeks of negotiations, the union approved the first contract today with general motors. now, working to come to an agreement with ford and stellantis. it would mean a 33% wage increase all over the next 4 1/2, 5-year contracts. >>> speaking of cars, if car shopping is something you dread, there's a new option on the way. amazon says starting next year, it's allowing autodealers to sell cars through its website. not all cars just yet. starting with hyundai. you order the car you want on the website. you can pick it up from a local dealership or get it delivered. your new hyundai will have amazon's alexa in its cars. >>> the silicon valley tech giant failed to deliver. cisco shares slid 11%, putting the manufacturer on page for the worst day since last may. stocks for the san jose-based networking manufacturer fell today after it reported a slowdown of product orders. cisco says it plans to make rez revenue in the next fiscal quarter. >>> u.s. stocks mixed today. the s&p gained 0.
auw went on strike against gm gm, ford and stellantis in september. after weeks of negotiations, the union approved the first contract today with general motors. now, working to come to an agreement with ford and stellantis. it would mean a 33% wage increase all over the next 4 1/2, 5-year contracts. >>> speaking of cars, if car shopping is something you dread, there's a new option on the way. amazon says starting next year, it's allowing autodealers to sell cars through its website....
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Nov 30, 2023
11/23
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gm has announced it plans to substarnesly skbablg investments into cruz. this comes at a time of high safety concerns surrounding autonomous vehicles. we've talked about it time and time again. let's bring in scott budman. obviously this is not good news for driverless cars. i'm guessing we're still going to be seek them around? >> yeah. this delays what cruz is going do. in the wake of all the problems cruz has, the ceo stepped down. it pulled the entire driverless fleet. this is another let being the air out of the tires, if you will. general motors said we're going to spend a lot less money in 2024 on cruise which means the comeback story will be delaird. if you live in san francisco there are waymo cars going around. waymo is owned by google. they rolled them out more slowly, perhaps more thoughtfully. cruise, it looks like it's going to be a while. it plans to regroup and eventually sort of recalibrate and start testing again in a city. it would not tell me what city that is. the certainly wouldn't confirm that that's san francisco. it's going to try
gm has announced it plans to substarnesly skbablg investments into cruz. this comes at a time of high safety concerns surrounding autonomous vehicles. we've talked about it time and time again. let's bring in scott budman. obviously this is not good news for driverless cars. i'm guessing we're still going to be seek them around? >> yeah. this delays what cruz is going do. in the wake of all the problems cruz has, the ceo stepped down. it pulled the entire driverless fleet. this is another...
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Nov 8, 2023
11/23
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gm's cruise is recalling all 950 of its driverless cars from roads in the u.s. the automaker plans to update its collision detection software. last month a pedestrian in san francisco was dragged by one of the vehicles after a separate accident. gm said the software update will keep the vehicles from driving off if a similar accident occurs. this comes as cruise is facing two federal investigations over the safety of its cars. >>> it is wired wednesday. as exe is hers is first a.i. summit in san francisco today, it is perfect. openai announce a new way for users to interact with chatbot's. youtube is testing its own chatbot under certain videos. microsoft is bringing a.i. characters to xbox. here to help us break it down is the senior editor for cnet , welcome. thank you for joining us this morning. let's start with openai and they brought us the popular chatgpt but now they are coming out with a personalized program. tell us about the new program. >> absolutely. openai is basically letting anyone create their own personalized version of chatgpt. this lets you c
gm's cruise is recalling all 950 of its driverless cars from roads in the u.s. the automaker plans to update its collision detection software. last month a pedestrian in san francisco was dragged by one of the vehicles after a separate accident. gm said the software update will keep the vehicles from driving off if a similar accident occurs. this comes as cruise is facing two federal investigations over the safety of its cars. >>> it is wired wednesday. as exe is hers is first a.i....
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Nov 2, 2023
11/23
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KRON
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linton commanders, gm martin mayhew have relationship. they were buccaneers teammates in the late 90's and tired mayhew to work with him in san francisco today, lynch said the 2 fronts been talking about a potential deal with young for a couple weeks. but even though young should add an instant boost to the forty-niners d line. after all, he's 5 sacks are more than any current. 49 er has this season. lynn said the forty-niners defense still has a lot of work to do to get where they want to beat. i grew up with fo we're going to get this thing right. all those things. but that definitely is true. we've got we've got to shore that up. that starts with stopping the run. you know, we have doing that well enough. so we've got to do that. and then then you know, we got him pull a ability option as pass rushers, too, the start to pull this together. >> it was game 5 of the world series in arizona. the diamondbacks down 3 games to one to bruce bocce and the rangers d'backs hoping to win at home in force. a game 6 in arlington rangers up one, noth
linton commanders, gm martin mayhew have relationship. they were buccaneers teammates in the late 90's and tired mayhew to work with him in san francisco today, lynch said the 2 fronts been talking about a potential deal with young for a couple weeks. but even though young should add an instant boost to the forty-niners d line. after all, he's 5 sacks are more than any current. 49 er has this season. lynn said the forty-niners defense still has a lot of work to do to get where they want to...
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Nov 30, 2023
11/23
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gm had 26. he had that ready to go. what is gm doing? gm's extra profits from internal combustion truck is going to a buyback. >> mary barra was on yesterday. >> all that the leading gm company in the transition. >> that goes back to this issue. >> he said he will not vote for biden no matter what. i don't think he would vote for trump. he did not come out and say it. he said it was a bad choice. the audience said welcome to 2024. >> let me show you a little bit more. we talked about openai. elon musk was asked about the openai saga with the company. >> openai was started and meant to be open source. i named it openai after open source. it is, in fact, a closed source. it should be renamed super closed source for maximum profit a.i. this is what it actually is. it has gone from an open source foundation to suddenly a 9$90 billion closed source. i don't know how you go from here to there. i don't know. is this legal? i think sam altman has a strong moral compass. he sweats it over questions of what is right. if he felt strongly enough to
gm had 26. he had that ready to go. what is gm doing? gm's extra profits from internal combustion truck is going to a buyback. >> mary barra was on yesterday. >> all that the leading gm company in the transition. >> that goes back to this issue. >> he said he will not vote for biden no matter what. i don't think he would vote for trump. he did not come out and say it. he said it was a bad choice. the audience said welcome to 2024. >> let me show you a little bit...
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Nov 10, 2023
11/23
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KRON
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driverless ride share company crews which gm owns is laying off workers. that's in addition. >> to cruise suspending its driverless operations nationwide after having a series of safety issues in san francisco, including car stalling in the middle of the road, hitting other vehicles and most notably dragging a pedestrian in a statement kron. 4 crew says it plans to lay off contract workers employed through third-party vendors and staffing agencies. it is not clear just how many people that effects workers who will be let go include people who cleaned charged and maintain the fleet. according to forbes, the company ceo says the layoffs are necessary. this comes just a day after general motors announced a recall of all 950 cruise cars. and just last month that pedestrian who had been knocked into the past of a cruise car by another vehicle was then dragged by a cruise car about 20 feet as it was trying to pull over. the victim was critically injured as a result, gm says it did this recall so it could update software to make sure incidents like that do not ha
driverless ride share company crews which gm owns is laying off workers. that's in addition. >> to cruise suspending its driverless operations nationwide after having a series of safety issues in san francisco, including car stalling in the middle of the road, hitting other vehicles and most notably dragging a pedestrian in a statement kron. 4 crew says it plans to lay off contract workers employed through third-party vendors and staffing agencies. it is not clear just how many people...
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Nov 2, 2023
11/23
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meantime, the raiders are figuring out a new way forward after firing head coach josh mcdaniels and gm dave ziegler kron 4 sports reporter kate rooney joins us now with the latest out of las vegas. what a mind blowing surprise, yeah, this all went down not quite 24 hours ago and the raiders brass for they wasted no time moving on today. >> they introduced interim gm champ kelly and head coach antonio pierce pearson been the linebackers coach under mcdlniels. and in turn pearson, kelly, we no time making their first big shakeup. beleaguered quarterback jimmy garoppolo is out rookie aidan mcconnell is in the raiders were 3, 3 with garoppolo starting the season. he missed 2 games of injuries. what? just 10 for 21. 126 yards and an interception against the lions on monday night. so no doubt it's been really tough season for jimmy g thrown 9 interceptions and only 7 touchdowns in those 6 games. so enter o connell, i said mcconnell before its o'connell, rookie out of purdue, he's appeared in 2 games this season making one start. and today kelly and peers explain their decision in a somewhat
meantime, the raiders are figuring out a new way forward after firing head coach josh mcdaniels and gm dave ziegler kron 4 sports reporter kate rooney joins us now with the latest out of las vegas. what a mind blowing surprise, yeah, this all went down not quite 24 hours ago and the raiders brass for they wasted no time moving on today. >> they introduced interim gm champ kelly and head coach antonio pierce pearson been the linebackers coach under mcdlniels. and in turn pearson, kelly, we...
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Nov 11, 2023
11/23
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is the gm, you know, you had sent this what we've got to say almost 7 atomic bomb on guys on the part of the indians. this is a crime that.
is the gm, you know, you had sent this what we've got to say almost 7 atomic bomb on guys on the part of the indians. this is a crime that.
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Nov 27, 2023
11/23
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CNBC
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there's a clear difference in performance for shares of toyota and honda versus ford and gm and yes,big part of that, but it's also the fact that gm and ford have allocated billions of dollars towards going electric and that is one thing that investors are looking at and saying when are we going to see a payoff there. speaking of l speaking of electrics and tesla, it will be interesting to see what the reaction is. look, we're not expecting a ton of these to be out on the road and they'll only deliver ten thursday night and it's the beginning of deliveries and a gradual ramp up in production going into 2025. mid to late 2025 is probably when we see full production, annual production for the cyber truck. >> i just love the triumph of the prius. what is the criteria for car of the year? is it sales or is it more of a just general kind of car of the moment kind of award? >> it's not sales. it's not sales because if it was sales alone you would look at the rav4 hybrid. look, there are more models and newer trend much like autoth ma mags and they have their own criteria why they pick a pa
there's a clear difference in performance for shares of toyota and honda versus ford and gm and yes,big part of that, but it's also the fact that gm and ford have allocated billions of dollars towards going electric and that is one thing that investors are looking at and saying when are we going to see a payoff there. speaking of l speaking of electrics and tesla, it will be interesting to see what the reaction is. look, we're not expecting a ton of these to be out on the road and they'll only...
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Nov 7, 2023
11/23
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tentative agreements for vastly improved contracts with three of the country's biggest auto makers, gm, ford, and stellantis. the fight was led by uaw president shawn fain. >> we may get fired up, but we're disciplined. and we may get rowdy, but we're organized. not everything is about pulling out the bazooka. we've been very careful about how we escalate this strike, and we have designed this strategy to increase pressure on the companies not to hurt them for its own sake but to move them, to get them to say yes when they want to say no. >> to move them, to get them to say yes when they want to say no. joining us now is shawn fain, president of the united auto workers. mr. feign, congratulations on the success of. >> great to be here. >> let me just ask if i've described the strategy here -- describing it correctly as an innovation, and did i get it right in the way it was sort of designed to calculate the effect we're looking for? >> you bet. basically it was harnessing the power of the membership. and think about this, i've only been in office for seven months, so in very short orde
tentative agreements for vastly improved contracts with three of the country's biggest auto makers, gm, ford, and stellantis. the fight was led by uaw president shawn fain. >> we may get fired up, but we're disciplined. and we may get rowdy, but we're organized. not everything is about pulling out the bazooka. we've been very careful about how we escalate this strike, and we have designed this strategy to increase pressure on the companies not to hurt them for its own sake but to move...
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in some ways if they get to the point it starts to affect gm and ford how can gm and ford afford a lotprice increasing when you have tesla cutting the price of stocks, cutting the price of cars. it is just a matter of time before the big guys get bigger and the small guys get eaten. julie: be happening as we speak. good seeing you again, thank you for joining us. bill pulte on all of that. any of you remember this cornell student who threatened jews, went so far as to say they should have their throats slit? he's under arrest but there's more to that story after this. this is spring semester at over 13,000 us school districts, which have become top targets for ransomware attacks. but there's never been a reported ransomware attack on a chromebook. which is why thousands of schools like the fairfield-suisun unified school district switched to google tools for education. so they can focus on teaching and 22,000 students can focus on learning, knowing that their data is secure. ( ♪ ) ♪ i have type 2 diabetes, but i manage it well. ♪ ♪ jardiance ♪ ♪ it's a little pill with a big story to t
in some ways if they get to the point it starts to affect gm and ford how can gm and ford afford a lotprice increasing when you have tesla cutting the price of stocks, cutting the price of cars. it is just a matter of time before the big guys get bigger and the small guys get eaten. julie: be happening as we speak. good seeing you again, thank you for joining us. bill pulte on all of that. any of you remember this cornell student who threatened jews, went so far as to say they should have their...
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Nov 29, 2023
11/23
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you are valuing gm as if there is not much of a growth future if any at all.l give you the capital back, whoever wants to take the money and go, can go, and we have to prove it to the rest of the investors that there is a next act in terms of growth. >> and that's the big question. what is the next act? look, if you were general motors and didn't put the billions of dollars you allocated into autonomous or evs, they are killing it when it comes to internal combustion vehicles and would have even more cash they are spitting out. we both know the future of autos is in electrification and they are going to have to make that transition. the question is can they get past the challenges that they have encountered so far and kick it into gear in '24 and '25. >> and actually have a transparency towards some returns in that business. phil, thank you. appreciate it. gerard cassidy, banks up 2% today. up like 14% on a month to date basis. is it all about the bond market rallying and taking some of the balance sheet pressure off? >> i think it's some of that. no doubt abo
you are valuing gm as if there is not much of a growth future if any at all.l give you the capital back, whoever wants to take the money and go, can go, and we have to prove it to the rest of the investors that there is a next act in terms of growth. >> and that's the big question. what is the next act? look, if you were general motors and didn't put the billions of dollars you allocated into autonomous or evs, they are killing it when it comes to internal combustion vehicles and would...
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Nov 7, 2023
11/23
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uaw has had agreements for us improved contracts with gm, ford, and stellantis. and -- president john fain. >> we may get fired up, but we're disciplined. and we make it rowdy, but we're organized. not everything is about pulling out the bazooka. we've been very careful about how he escalates the strike, and we've designed the strategy to increase pressure on the companies not to hurt them for their own sake, but to move them. to get them to say yes when they want to say no. >> to move them, to get them to say is, when they want to say. no joining us now is sean, fifth president of the united auto workers. mr. fain, congratulations on the successful labor actions and thank you for being with us tonight. >> thanks for having, me rachel. it's good to be. here >> first, of all let me ask you if i describe the strategy here correctly. describing it correctly as an innovation, did i get it right in the way that -- >> you bet, it was harnessing the power of the membership and, when we think about, this every been in office for seven months. in a short amount of, time w
uaw has had agreements for us improved contracts with gm, ford, and stellantis. and -- president john fain. >> we may get fired up, but we're disciplined. and we make it rowdy, but we're organized. not everything is about pulling out the bazooka. we've been very careful about how he escalates the strike, and we've designed the strategy to increase pressure on the companies not to hurt them for their own sake, but to move them. to get them to say yes when they want to say no. >> to...
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Nov 29, 2023
11/23
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FBC
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>> gm has failed miserably. i was listening to mary barra this morning.ling blocks, we didn't do well in evs, we didn't do well -- that is what you have to do to succeed in the auto business going forward. you have to get evs right, get autonomy right. i would argue you saw what happened with cruz. that hasn't worked on ev side they're cutting back spending on it. that they're not succeeding on it. not getting any share. they're not making inroads with tesla. tesla is killing them. they're not doing much. you could argue whatever you want about today's action. they're increasing the dividend by 33%. they're going to buy back 25% of the stock but the business isn't doing well at all. that's a fact. charles: right. is there room for everyone to be a winner though in the ev space? can everyone pour a bunch of money into it and grab market share? >> well, tesla has got such an advantage. tesla is the low cost producer. they will bring out the sigher truck. tomorrow they will launch in austin. i will see that that is the high-end. that is 60 to 80,000-dollar v
>> gm has failed miserably. i was listening to mary barra this morning.ling blocks, we didn't do well in evs, we didn't do well -- that is what you have to do to succeed in the auto business going forward. you have to get evs right, get autonomy right. i would argue you saw what happened with cruz. that hasn't worked on ev side they're cutting back spending on it. that they're not succeeding on it. not getting any share. they're not making inroads with tesla. tesla is killing them....
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Nov 24, 2023
11/23
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ALJAZ
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because they used to different amounts of the 80 gm's and a gm's. i a t m, the entry think i got missiles and the guided missiles, both of them. so they're probably see some redistribution of the, of these uh, traded rockets or missiles depending on the guy did or not. you'll also see some, some of the tunnels were destroyed. so or, or at least the entrances and exits were destroyed. so you'll probably see some activities as well in that sense, in recreating some of these exits and entrances, probably working on the depths and probably do uh, what i'm noticing from both sides is a lot of electronic or fed activity. so attempts to jim some of the defense systems on the, almost all these really side, but also let them to a infiltrate electronically too low. how much is the command structure? goodness, pretty granular stuff. and, luciano, let me ask you, you mentioned spanish problems to better. sanchez is in kyra. to what extent do you imagine that might be, will begin to be now a meaningful shift in the position of a number of countries as influentia
because they used to different amounts of the 80 gm's and a gm's. i a t m, the entry think i got missiles and the guided missiles, both of them. so they're probably see some redistribution of the, of these uh, traded rockets or missiles depending on the guy did or not. you'll also see some, some of the tunnels were destroyed. so or, or at least the entrances and exits were destroyed. so you'll probably see some activities as well in that sense, in recreating some of these exits and entrances,...
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Dec 1, 2023
12/23
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what we understand is it is a reaction to lg energy negotiations it is carrying out with gm.ng gm is asking lg energy solution to allocate up to 85% of the tax benefits that it receives for their joint battery ventures from the u.s. government. lg energy has responded to that but says no decision has been made. seven and i holdings is the other went to note, because the companies issued a share buyback of up to ¥110 billion and they will be splitting the stock. we are seeing japanese companies looking to unlock further value for shareholders. the company as well is acquiring the 711 australia, so that is another deal they are pursuing in order to create further growth for the company given the convenience store market in japan is looking pretty saturated. vonnie: let's stay with japan. manufacturing pmi the final reading coming in it 48.3 after the previous month's reading of 48.1, still in contract and territory. south korea tipped into expansion, but barely with the pmi manufacturing reading coming in at 50 on the nose. it better than the prior reading of 49 .8, and across
what we understand is it is a reaction to lg energy negotiations it is carrying out with gm.ng gm is asking lg energy solution to allocate up to 85% of the tax benefits that it receives for their joint battery ventures from the u.s. government. lg energy has responded to that but says no decision has been made. seven and i holdings is the other went to note, because the companies issued a share buyback of up to ¥110 billion and they will be splitting the stock. we are seeing japanese companies...
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Nov 17, 2023
11/23
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are making a lot of money in evs >> they're losing money. >> gm spent a lot of money on cruise thatt, it might but it gets back to the idea that there is waning demand for evs. i'm not saying there aren't -- they're still growing, but not nearly at the rate >> okay, because elon musk may or may not be listening, most likely not, but they have that remodel coming out that is going to be very good. huge i think people are waiting for the three. >> tesla, yeah >>> meantime, looks like gm ratification's done. stellantis just now crossing the wires, the uaw vote tracker, looks like that's done we do have manheim, jim, down from november, five-plus that's going to feed into cpi. >> oh, my. and by the way, when you look at the housing starts number, it was multifamily home, which is going to be rents down. this, again, is the -- i just can't believe -- jay powell is not lucky. he's good. >> bmo had a note yesterday on oil, which carved -- they say, 0.2% out of cpi in october and is probably going to do it again in november, which would set you up for the lowest back-to-back cpi print since
are making a lot of money in evs >> they're losing money. >> gm spent a lot of money on cruise thatt, it might but it gets back to the idea that there is waning demand for evs. i'm not saying there aren't -- they're still growing, but not nearly at the rate >> okay, because elon musk may or may not be listening, most likely not, but they have that remodel coming out that is going to be very good. huge i think people are waiting for the three. >> tesla, yeah >>>...
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Nov 7, 2023
11/23
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gm will come out with a $35,000 chevy equinox that get three -- get stranded 20 miles. said our vehicles have to get more affordable. if you are rivian and you are trying to get to scale, trying to lower your cost, but your vehicle costs $72,000, that is tough. analysts are going to want to hear something that says there is a path to cash feel positive. matt: was rj dealt a bad hand in terms of the timing, the pandemic, supply chain problems? the ceo seemed like he was planning for so long. he came out with a vehicle that people pretty much universally liked, but it is expensive and they cannot make as many as they needed to at first. david: he has been at this nine years, tesla 20. tesla has got this advantage. everybody is fence along getting this up and running, building charging networks, rivian does not have that behind them. rivian does have a cool product in the sense that they have a midsized suv that no one on the market has. these are consumer-oriented. a real truck like sub, not like a crossover. there is appeal to the product but they are expensive. the diff
gm will come out with a $35,000 chevy equinox that get three -- get stranded 20 miles. said our vehicles have to get more affordable. if you are rivian and you are trying to get to scale, trying to lower your cost, but your vehicle costs $72,000, that is tough. analysts are going to want to hear something that says there is a path to cash feel positive. matt: was rj dealt a bad hand in terms of the timing, the pandemic, supply chain problems? the ceo seemed like he was planning for so long. he...
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Nov 6, 2023
11/23
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gm did not comment on the details. the uaw revealed the plans to reassure the members of job security and pave the way for ratification of the deal for the 46,000 members at gm. >>> lvmh opening up the luxury pocketbook for a deal. the company will acquire los angeles based eye wear maker barton perreira. this is seen as the push into products with mass market appeal. lvmh wants to depend less on third party deals for eyewear and develop the inhouse operations. the brand was found in 1970 and has stores in new york, aspen, kansas city and boseman, montana. is this something we should know about? >> i don't. >> are you in the market for some eyeglass frames? >> i'm an owner. i am. >> for your far sightedness? >> readers. >> i saw some at walgreens. they are not prescription. >> warby parker. great frames. reasonably valued. >> can i look better or worse? >> glance glasses could make so people look better. >> would i look more cerebral? >> you might. >> low bar. maybe. >> i have a pair in my purse. i'll let you borrow th
gm did not comment on the details. the uaw revealed the plans to reassure the members of job security and pave the way for ratification of the deal for the 46,000 members at gm. >>> lvmh opening up the luxury pocketbook for a deal. the company will acquire los angeles based eye wear maker barton perreira. this is seen as the push into products with mass market appeal. lvmh wants to depend less on third party deals for eyewear and develop the inhouse operations. the brand was found in...
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Nov 21, 2023
11/23
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>> cruz is absolutely a setback for gm you were talking about it yesterday and today.t this is just a speed bump on the way to autonomous. >> a speed bump that they can't make ethical choices about whether to kill someone -- >> i don't know it was about ethical choices. they just get stuck at the intersection because they can't make the left. >> the one they examined was actually not the fault -- actually none was the fault of the car. >> one was a hit-and-run by another -- would you rather have a human or machine >> that's why i like kyle. i think it's an unfair comparison versus humans humans make so many mistakes. >> we're going to hold the machines to zero mistake is that what it is until they get there -- i'm not making a judgment about whether we should or shouldn't i think we should. i think they're far safer. i think the optics, david, often does matter in terms of what can happen it was a huge setback for gm they spent billions on this. i think this whole segment we put up is so challenged right now other than tesla putting out the model three which i think wi
>> cruz is absolutely a setback for gm you were talking about it yesterday and today.t this is just a speed bump on the way to autonomous. >> a speed bump that they can't make ethical choices about whether to kill someone -- >> i don't know it was about ethical choices. they just get stuck at the intersection because they can't make the left. >> the one they examined was actually not the fault -- actually none was the fault of the car. >> one was a hit-and-run by...
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Nov 15, 2023
11/23
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those are the two major hurdles, will have to wait and see but the news is pushing gm down a little bit down more than half 8%. stuart: i defined benefit plans for the pension that are very expensive for the employer you get locked into long-term liability i'm sure gm does not want that. coming up in the reports as a pentagon is quietly ramping up military aid to israel were getting the details of what that support includes, letitia james has been spending a lot of time in court smirking while donald trump's legal team presented its case i will ask legal expert gregg jarrett, can trump get a fair trial in new york city. president biden meets china's sheesh and pinion san francisco former state department spokesperson morgan ortagus is next. meet the traveling trio. the thrill seeker. the soul searcher. and - ahoy! it's the explorer! each helping to protect their money with chase. woah, a lost card isn't keeping this thrill seeker down. lost her card, not the vibe. the soul searcher, is finding his identity, and helping to protect it. xi because these friends have chase. alerts that help
those are the two major hurdles, will have to wait and see but the news is pushing gm down a little bit down more than half 8%. stuart: i defined benefit plans for the pension that are very expensive for the employer you get locked into long-term liability i'm sure gm does not want that. coming up in the reports as a pentagon is quietly ramping up military aid to israel were getting the details of what that support includes, letitia james has been spending a lot of time in court smirking while...
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Nov 20, 2023
11/23
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next on "worldwide exchange," the one word investors have to know today, but the big money movers at gm's self driving car unit cruise >>> and just in time for the holiday shopping rush. we have the ceo interview with the head of brookfield properties you know those properties around the country. >>> and later, whirlwind 72 hours at microsoft with the open a.i. we have a very busy hour still ahead when "worldwide exchange" returns. a lot of code. if an application needs to be modernized then you'll need time, resources... and caffeine. if this sounds daunting then use watsonx code assistant ai designed to multiply developer productivity so you can generate code quickly. let's create a more modern foundation for business, with watsonx code assistant. ibm. let's create. in order for small businesses to thrive, they need to be wi smart, efficient, savvy.. making the most of every opportunity. that's why comcast business is introducing the small business bonus. for a limited time you can get up to a $1000 prepaid card with qualifying internet. yep, $1000. so switch to business internet from t
next on "worldwide exchange," the one word investors have to know today, but the big money movers at gm's self driving car unit cruise >>> and just in time for the holiday shopping rush. we have the ceo interview with the head of brookfield properties you know those properties around the country. >>> and later, whirlwind 72 hours at microsoft with the open a.i. we have a very busy hour still ahead when "worldwide exchange" returns. a lot of code. if an...
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Nov 15, 2023
11/23
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majority of union members and several of gm's plants have voted down the proposed deal combining thoseities to make up 18,580 workers, 40% of gm's workforce, that is bad news indeed and stock is down half of 1% but we continue to follow it. stuart: is an extraordinary percentage of the news. you've got some other movers to look at. i media. what's with that? ashley: it is thursday because the company signed an exclusive platform distribution and ad sales deal with the company global. under the exclusive deal global and i heart media will license, distribute, represent each other's podcast portfolios and that is up to dollars and $0.51. next up, ch edd announced an accelerated share repurchasing agreements in return for that for 13.5 million shares with common stock, it is a strategic initiative which is part of the company's on going to billion dollars security repurchase program for shareholder value. robust free cash flow generation is up $10, 13%. how about boeing, up today, nato approved six boeing wedge tail aircraft. that investment totals $2.4 billion. it will replace the aging
majority of union members and several of gm's plants have voted down the proposed deal combining thoseities to make up 18,580 workers, 40% of gm's workforce, that is bad news indeed and stock is down half of 1% but we continue to follow it. stuart: is an extraordinary percentage of the news. you've got some other movers to look at. i media. what's with that? ashley: it is thursday because the company signed an exclusive platform distribution and ad sales deal with the company global. under the...
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Nov 16, 2023
11/23
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gm is taking more oversight of cruise and demanding a safety probe of its own cars. >>> target started up its shelves to fight theft. it is getting mixed reviews. the retailer closed stores across the country last month, including three in the bay area. the remaining stores put body wash, toothpaste and deodorant behind class panels. and customers are thankful that the products are locked up. but shoppers are saying something different on social media. they say it's frustrating and indecent to wait for a product off a shelves. >>> something to be thankful for this thanksgiving. the cost of your holiday meal is about to go down. the average cost of a dinner for ten will be $64. the bird itself will be less. it costs under $27. down 5% from last year. that's more than some can afford. our knew nourishing neighbors campaign is going on. there's more information on our website, nbcbayarea.com. >>> maybe some will need a hat or umbrella. >> saturday, it will be wet. good to get out to your grocery store. help out, if you can. we know how expensive everything is these days. as we look at sto
gm is taking more oversight of cruise and demanding a safety probe of its own cars. >>> target started up its shelves to fight theft. it is getting mixed reviews. the retailer closed stores across the country last month, including three in the bay area. the remaining stores put body wash, toothpaste and deodorant behind class panels. and customers are thankful that the products are locked up. but shoppers are saying something different on social media. they say it's frustrating and...
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Nov 10, 2023
11/23
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gm has been with us for a long time helping to us build the smart homes.ey have been involved in homeless veterans for a long time, too, and i want to tip my cap. >> they employ them. >> and general motors. >> and fox. >> that's another thing, we'll make sure that we're going to get these great heroes into working, back into society. part of these things are permanent housing but we also want transitional housing because we want them transitioning out and getting their own homes. >> how many homeless vets did you guys help this year? >> 3,000. i'm going to tell you, because we have, we're blessed that we have a national program that, all across america that we can, if somebody hears about somebody homeless or a family member knows somebody they love who is homeless, they can call us and we can get them off the street immediately and work with the v.a. to make sure they get the services. we'll build a tremendous relationship. there are other organizations who have been doing this for a long time and i want to give them a lot of credit but we're blessed that
gm has been with us for a long time helping to us build the smart homes.ey have been involved in homeless veterans for a long time, too, and i want to tip my cap. >> they employ them. >> and general motors. >> and fox. >> that's another thing, we'll make sure that we're going to get these great heroes into working, back into society. part of these things are permanent housing but we also want transitional housing because we want them transitioning out and getting their...
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Nov 15, 2023
11/23
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factory in springhill tennessee voted down the tentative deal roughly 16000 gm workers uploaded so faccording to the uaw website, the voting deadline is thursday at 4:00 p.m. eastern, residents of a southwestern iceland town had been evacuated after officials detected despite an sulfur dioxide gas assigned a potential volcanic activity, new video shows major cracks and roadways with steam rising indicated a possible abruption may be enema in the coming days the meteorologist office say it detected 900 earthquakes in the region since monday and those are some of your headlights at this hour. chinese presently xi jinping arriving to san francisco for the first time in six years ahead of the high-stakes meeting with president biden he was greeted by janet yellen and gavin newsom who cleaned up the city for him. here's what biden had to say about the meeting coming up. >> get back on a normal course and beatable to pick up the phone and talk to one another is with the crisis in making sure our military have contact with one another. were not trying to decouple from china. what were tried
factory in springhill tennessee voted down the tentative deal roughly 16000 gm workers uploaded so faccording to the uaw website, the voting deadline is thursday at 4:00 p.m. eastern, residents of a southwestern iceland town had been evacuated after officials detected despite an sulfur dioxide gas assigned a potential volcanic activity, new video shows major cracks and roadways with steam rising indicated a possible abruption may be enema in the coming days the meteorologist office say it...
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Nov 20, 2023
11/23
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a massive amount of money invested by gm, and, you know, they don't have a lot to show for it they paid a billion to him to buy the company. >> which while we're talking about, you want to -- >> what? we have the footage here they bought out that for $2.1 billion, and they talk about the $5 billion business and they had a 2025 -- this is gm they had a 2025 commitment to make a billion dollars in sales. i do not think they'll hit their target level >> it doesn't seem like it, does it >> no. can i just say that when i was out there, i thought -- yes. i went to the computer room. this was a juggernaut. >> yeah. >> and everyone was thinking about a business based on it where cab drivers would, like, seek it. i don't know i think -- i think that the -- did we hit a peak? people will hate this, in interest in autonomous in interest. >> no. maybe it's a brief lull. >> a brief what? >> it's a lull >> what is that? >> we're lulling, and then we'll take off again no, then we'll take off again once we get the charging infrastructure right and the prices get -- we're not. it's only going one way an
a massive amount of money invested by gm, and, you know, they don't have a lot to show for it they paid a billion to him to buy the company. >> which while we're talking about, you want to -- >> what? we have the footage here they bought out that for $2.1 billion, and they talk about the $5 billion business and they had a 2025 -- this is gm they had a 2025 commitment to make a billion dollars in sales. i do not think they'll hit their target level >> it doesn't seem like it,...