gm filed the lawsuit last friday.an francisco to refund the $108 million in taxes from the past seven years and pay an extra 13 million in penalties and interest. gm claims the city overtaxed the corporation because it based cruise in san francisco and that is white pages san francisco taxes. gm says cruise operate separately from the parent company, which is based in detroit. cruise generated very little money and not what gm cars in san francisco. the fact, gm contends it only sold about $677,000 worth of goods in the city last year. spokesperson for gm says the company didn't comment on legal matters. a spokesperson for the san francisco attorney's office responded to the lawsuit tonight, saying we are reviewing the complaint and we will respond if prompted. >>> the aftermath of a christmas day nightmare. police say at least one boy went through the window of the south bay home, the shooting left two are, including a little boy. never pull that trigger is still out there. police say they are doing anything they can

>> gm earnings have been growing. >> answer that qui. question. >> jim, go ahead. >> if you look at the last decade, gm averaged 6.5 billion of earnings each year. now 9.5 billion and it's growing. that's what their guidance is saying. the reason -- your point, validly made that maybe buybacks aren't always a good thing, i counter with the fact they have too much cash, tremendous amounts of cash flow. there's only so much they can do with it. instead of focusing on gm, you can extend that to wynn resorts to cleveland-cliffs, extend that to so many nontechnology stocks without taking away from what technology companies are doing. price matters and when companies build up so much cash they can buy back shares. >> you still have to go to where the money is going to go and it's not going to cleveland-cliffs. the stock is below its highs. gm, we know they have major financial commitments to evs. it remains to be seen if there will be a major uptick to justify the cost. it's not that easy a picture as he's painting. >> it's never easy. >> you

gm filed the lawsuit last friday. one san francisco to refund the $108 million in taxes from the past seven years and pay an extra 13 million in penalties and interest. gm claims the city overtaxed the corporation because it based cruise in san francisco and that is white pages san francisco taxes. gm says cruise operate separately from the parent company, which is based in detroit. cruise generated very little money and not what gm cars in san francisco. the fact, gm contends it only sold about $677,000 worth of goods in the city last year. spokesperson for gm says the company didn't comment on legal matters. a spokesperson for the san francisco attorney's office responded to the lawsuit tonight, saying we are reviewing the complaint and we will respond if prompted. >>> the aftermath of a christmas day nightmare. police say at least one boy went through the window of the south bay home, the shooting left two are, including a little boy. never pull that trigger is still out there. police say they are doing anything th

in gm's case that's the best run since 2014. there has been so much negative news with the data about revised outlooks. crews being in trouble, the tesla autopilot recall this week. if you extrapolate out they have been on a tear and they are on their longest and best streaks in decades. nvidia is the big focus for the market with the gain over 230% year over date. there was a block trade of more than over a billion dollars and it seems to be having an impact on the market. 236% gain year to date. the question is, what happens if nvidia stops in its momentum holds? caroline: would it, kotek, should it. a lot of money is under management. a lot of working through decades with money and exuberance intact. are the valuations for names like nvidia rational? >> they certainly discount and one of the things we are seeing is competition to nvidia. when a company has an 85% monopoly and they saw their profits go up seven times in the year, facing a trillion dollar market opportunity we should expect opportunity. so far, when we think it

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

yeah, for gm we do like it. major long-term issues with the company, especially starting to get resolved. i think if you look at the uaw agreement, that puts to bed for the next five years much of any cost increases. the company is completely offsetting the wage increases as fixed cost reductions. on the ev side, too, it would be are a more measured, profitable ramp as they bring on the gm battery site. that could be tailwind on the profitability side. number three, testing a $2 billion headwind because of the loss there. it's starting to get curtailed. that will be a tailwind on the profitability side. we see a much better, much more profitable road map for them going out. 2024 will be a much better production year for them. net net-net, much better cost structures, much stronger ev road map and the cruz being scaled back, you have production ramping into 2024, plus also if we look at sentiment on this name, it's a major low. valuations are at a ten-year low. if we look at what they're doing on the share repurc

gm, gm claims the city charge the company higher taxes because it linked gm's cruise self-driving carision with the company's 3 billion dollars in global revenue. that's despite the company saying it operating crews separately from gm. the automaker also argues it. so just $67700 of goods in san francisco on top of the 100 million dollars. they're also seeking 13 million dollars in penalties. >> well, we've got some ongoing fallout this morning after a san francisco rapper in restaurant owner released a video criticizing mayor london breed and other city leaders. well, he's a local business. well, they were repeatedly burglarized. many businesses, including him. he said several times and he had it on video. >> and he's blaming monday. my mayor, london breed for it. catherine's us. he's an accomplice. catherine heenan has the story. >> got a may sound the please help us to stop both and eu and calls that a diss track in it. he references. the fact is to restaurants have been repeatedly burglaiized. one of them kong food targeted 7 times since 2020. >> his barbecue restaurant burglarize

there's not many gm cars in san francisco, and gm contends it only sold $677,000 worth of goods in san francisco last year. and a spokesman for the san francisco city attorney's office responded by saying we are reviewing the complaint and will respond in court. >>> and looking at sfo this morning, and with wet weather ahead the next few travel days could get worse. sfo had ground delays that averaged over an hour and a half due to fog, and then later wind speeds caused a brief ground stop altogether. this morning, average delays around 15 minutes, so check ahead if you are flying in or out. >> kari hall, you have been monitoring all this. what about the best days to get out? >> i think today is a good day. we are starting to see things calm down elsewhere across the country. we take a look at the wide view and see there's still rain across the northeast and around florida, but for the most part it's quiet for much of the rest of the midwest, and chicago getting a round of light snow. we are tracking a storm in the bay area over the next couple of days. that may cause more problems, es

the miami marlins are hiring kapler to be the assistant gm.t of a restructuring of the marlins front office following the departure of gm. kapler will be one of three assistant gms working under a new president. >>> good luck to him. >> for sure. >> he's a class act. >> right now at 6, the conflict in gaza is driving a split in the east bay. a new rift among educators in oak land over more calls to support palestinians as the war ramps up again. why some teachers say the district hasn't gone far enough. >>> a high profile visit to mountain view. the u.s. secretary of defense is in town seeing the cutting-edge technology being made right in our own back joord and an east bay pastor is in jail tonight. the accusations against a church leader in richmond. >>> the news at 6 starts right now. good evening. thanks for being with us on this friday. >>> we are going to start with the east bay pastor under arrest tonight accused of sex crimes with an under age member of his church. and tonight as he's being held on a $7 million bond, police believe the

they say cruise is operated separately from gm and should not be used to calculate gm's liabilities in the city. in response the san francisco city attorney's office says, "we are reviewing the complaint and will respond in court." >>> when we come back. as we continue our food for bay area families drive, how giving back can have a ripple effect across your entire community. >> volunteers, they're fantastic. we wouldn't be able to do what we do without them. >>> it's been 50 years since >>> one of the easiest ways to feel connected to your community is by becoming a volunteer. >> reporter: redwood empire food bank, you've heard that phrase coming in hot, this person over here is coming in cold. what do you mean by that? >> it's cold brew coffee from pete's. >> reporter: oh, so these are some baristas, some coffeemakers, here volunteering. >> we're managers. >> reporter: forgive me. you are a store manager. >> yeah, that's right. the all heroes wear capes. >> reporter: but what? they all do drink coffee. >> that's right. >> reporter: they all join to volunteer. why is volunteering so i

gm is claiming the city charge the company higher taxes because it linked gm's cruise self-driving car division with the company's 3 billion dollars in global revenue. that's despite the company's saying it operated crews separately. then gm, the automaker also argues it sold just $677,000 of goods in san francisco. the companies also seeking 13 million dollars in penalties. >> i whether time storm doors wide open. so here come the storms and here comes 2020 for this will utter a new year's eve new year's day. lawrence karnow has the answer. yeah, we don't want to see things kind of treacherous out on the roads we on new year's eve don't want to see more rain. i think it's going to be dry on new year's eve. we could see a couple sprinkles during the day, but i think night time hours we're looking okay out the door tonight that rain continues to fall. showers likely going to continue throughout the night tonight. at least tomorrow morning to i think tomorrow afternoon. we'll see those showers taper off, but still scattered showers now making their way across the golden gate bridge again

gm claims the city charge the company higher taxes because it linked gm's cruise self-driving car division with the company's 3 billion dollars in global revenue. and that's despite the company saying it operating crews separately. then from gm, the automaker also argues it sold just $67700 of goods in san francisco. the company on top of the 100 million dollars. they're also seeking 13 million dollars in penalties. ongoing fallout this morning after a san francisco rapper and restaurant owner released a video criticizing mayor breed and other city leaders. his local businesses were repeatedly burglarized and he's blaming london. london mayor breed for it. kron four's. catherine heenan has the story. >> got a may sound the please help us to stop both and eu and calls that a diss track in it. he references. the fact is to restaurants have been repeatedly burglarized. one of them come food targeted 7 times since 2020. >> his barbecue restaurant burglarized twice to contribute deo references homelessness overall crime, asian hate crime in recent years. and it suggests that city leaders have n

well, gm claims the city charge the company higher taxes because it linked gm's cruise self-driving car division with the company's 3 billion dollars in global revenue. that's despite the company saying it operated crews separately in gm. also argues is sold just $67700 in goods in san francisco. companies also seen came 13 million dollars in penalties. take a look at this. these our new art fair gates at the west oakland station. bart says the new design will help deter fare evasion and improve access for riders with both cheers, bicycles and strollers. >> polycarbonate doors and we also have metal mesh. so we're going to see which ones will stand with me and alyssa better, which ones are harder to push through and then we'll decide on how the world announced point. >> mark says they plan to announce that next stations to get a new gates next month. they plan to replace all fare gates money in of 2025. kron 4 is your local election headquarters. judges ruled and makers hill gop assembly member vince fong is able to run for congress. this comes after he was qualified. disqualified runni

gm claims the city charge the company higher taxes because it linked gm's cruise self-driving car division with the company's 3 billion dollars in global revenue. that's despite the company saying it operating crews separately. then gm, the automaker also argues it. so just $67700 $6700 of goods in san francisco. the company is also seeking 13 million dollars as part of their lawsuit in penalties. >> well, happening now, lynn jet is issuing a recall for one of its blenders. federal safety officials say the blinn jet 2 can overheat and catch fire causing burns. all the plunder blades can also break off. it looks like we are on a different story. steve garvey. he's trying to run for so that's not the video that we want to show you. but >> again, we're talking about a blanchette that to be replaced and we'll be right back after the break. i'm barbara and i'm from st. joseph, michigan. i'm a retired school librarian. i'm also a library board trustee, a mother of two, and a grandmother of two. basically, i thought that my memory wasn't as good as it had been. i needed all the help i could get.

gm claims the city charge the company higher taxes because it links gm's cruise self-driving car division with the company's 3 billion dollars in global revenue. that's despite the company saying it operating crews separately than g m the automaker also argues it. so just $67700,000 in goods in san francisco, the company is also seeking 13 million dollars in penalties. >> health com, 4 is your local election headquarters judges ruled the bakersfield gop assembly member vince fong is able to run for congress. this comes after he was disqualified for running because of this current reelection filing to the state assembly. so in other words, he was fighting that he could double dip you know, attorney general he could not looks like the one in court. 8 on wallace has that story. the judge saying vince fong can appear on the 20th congressional district ballot. >> here's a lawyers from both sides had to say in court. we have to allow so all about that was the argument. attorney brian hildreth made in sacramento superior court on behalf of his client, bakersfield gop assembly member vince fong.

. >> gm claims the city charge the company higher taxes because it late gm's cruise self-driving car division with the company's 3 billion dollars in global revenue. that's despite the company saying it operated crews separately. then gm, the automaker also argues it. so just $67700 of goods in san francisco. the company is also seeking 13 million dollars in penalties. we'll take a look at this. >> there are new barked fare gates at west oakland station. barr says the new design will help deter fare evasion and improve access to writers with wheelchairs, bicycles and strollers. mark says they plan to announce the next stations to get the new gates next month. the plan to replace all the gates by the end of 2025. >> still ahead on the kron, 4 morning news ski resorts in lake tahoe are expecting to see a lot of people hit the slopes this holiday weekend. we'll hear what you can expect if you're trying to make it up there for new year's eve. and if you are getting up there today is going to be a bit of a wet one, trying to get to the sierra. >> as well as just venturing out here in the

i have stuff on palo alto, live nation, wynn, gm, honeywell, delta and on and on next. (sfx: stone wheel crafting) ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ >>> all right. here we go. a number to get through. ath, all-time high for palo alto today. the price target to 350. we do have ownership of cyber stocks. you have crowd strike. what do you think? >> for my perspective this is going to be a growing pie. i don't think it matters that much which slice you own but i think be careful. eventually there will be very clear winners and not as many players as today. the stock is up 150% this year. i'm sticking with it. i think it goes higher. >> rob, fortinet is your company. >> growing at 30% year on year, to josh's point, the businesses are phenomenal. anytime there's a concern with any slowing top line, you will get bullbacks. >> none of them are cheap. >> live nation, josh. upgraded to overweight. price target about 25% higher than where it is n

gm is coming out with long-awaited equinox tv coming next year, what your call for gm? team despite the uaw debacle have been able to navigate. strength on ev conversion, if you look at the models, gm could be a rating stock compared with farley and ford, they have been half in the pool. you look at gm, you liquidate them across the board, ford, black eye moment we are seeing here. liz: let's ask about channel checks, elon and tesla have just unveiled over the last two weeks, she looked at the floor show model they had and couldn't get within three feet of it. it's a long wait list but some people are backing up. >> demand and supply are 20-1, 2 million reservations, maybe 50%, that's an incremental matter where they produce just a few thousand over the next month or two. that is a year from now. liz: no, i can't see out the windshield. >> it takes getting used to but i think it is going to be another flex the muscles moment for musk and tesla despite the naysayers. liz: always has been. good to see you, thank you so much. dan ives. coming up, the president of ukraine,

gm trades at five times earnings. >> who is the hybrid leader? i get the idea that hybrids are a sweet spot because they solve part of the way is environmental issues that come with internal combustion engines, they get very good mileage, many of them, close to 50, some above, and they have a range that the electric vehicles cannot beat on one tank of gas. so who is leading the way here, and why haven't the american companies -- >> well, that's not true. ford is one of the leading hybrid players and parts part of the pivot jim farley is making. ford has been a big player in hybrids and plans to do even more. in terms of who has traditionally led, look at who brought us the prius, toyota. one point of reference, i was talking with a dealer about the new camry, 60 miles a gallon. 60 miles a gallon for the camry hybrid. who wouldn't be interested in that? if you're interested in a sedan, and i know there are a lot of people who don't want a sedan, they want an suv or a crossover. that's a heck of a selling point. >> 60 miles a gallon. >> i'm thinkin

and so, gm just has never put in as much resources into hybrids. neither has stellantis.t me take you back to the hawaiian/alaska deal. why is alaska paying such a premium? one of the biggest premiums we've seen for any deal of this size ever. and it would seem that, if anything, you could get a deal on buying a rival airline right now. why are they paying so much and is that why their shares are down so much on this news? >> their shares are down on this, two things. one, it's a nice premium they're paying here. where was hawaiian's shares on friday? $5 a share? if this goes through, it'll be $18 a share. the other reason they're down is because there's a lot of skepticism that there won't be -- that the doj will sign off on this, guys. most people are looking at the biden administration going, they fought the jetblue deal, their alliance with american. they're fighting the jetblue/spirit merger, and they're going to fight this as well. that's the thought process for a number of people. there's a fair amount of skepticism out there. >> maybe we can show the year-to-date

gm claims that the city charged the company higher taxes because it linked to gm's cruise self-driving car division with the company's 3 billion dollars in global revenue. that's despite the company saying that it operated crews separately. then gm. the automaker also argues it sold just $67700 of goods in san francisco. the company is also seeking 13 million dollars in penalties. >> the bay area air quality management district is asking bay area residents to not burn wood in their fireplaces or wood stoves for new year's weekend to try to keep air quality from becoming unhealthy without additional wood-burning activity. air-quality is expected to be in the moderate range throughout the bay area. however, wood burning during the holiday weekend can significantly affect localized areas and neighborhoods are now 2 our 4 zone forecast as we get a live look right now at the golden gate bridge, lawrence. it was pouring on the bridge short time ago. looks like it's starting to clear out. yeah, he's an up now of their other part of the bay area. they're still getting a pretty good drenching o

, but i did sell may gm recently. going wrong over there. it's cheap, it should be cheap but -- and tesla is expensive, should be expensive, but too expensive for me so nieither >> i'm bad at the game, too. >> that's the game, fos.lk final trades up next the first time you made a sale online with godaddy was also the first time you heard of a town named dinosaur, colodo. we just got an order from dinosaur, colorado. start an easy to build, powerful website for free with a partner that always puts you first. start for free at godaddy.com power e*trade's award-winning trading app makes trading easier. with its customizable options chain, easy-to-use tools and paper trading to help sharpen your skills, you can stay on top of the market from wherever you are. e*trade from morgan stanley. a force to be reckon with. no, not you saquon. hm? you! your business bank account with quickbooks money, now earns 5% apy. 5% apy? that's new! yup, that's how you business dferently. >>> time for the final trade let's go around the horn,

. >>> and the new legal action gm is taking against one u.s.are digging into the stock 2024 playbook and what it means for the media and entertainment industry. >>> it is thursday, december 28th, 2023. you are watching "worldwide exchange" here on cnbc. >>> welcome back to "worldwide exchange." i'm frank holland. we kickoff the hour with the check of the u.s. stock futures. a mixed picture with the dow down right now. it would open 14 or 13 points lower. s&p is fractionally higher. >>> looking at yesterday's action. the dow notching a fresh all-time high. it is now less than 1% from its record high. we will talk more about that in a moment. >>> we want to get a check on the bond market. the ten-year yield at 3.81. the two-year note is 4.26. we are looking at the energy market with the oil which is wti. you see it is $73.05 a barrel. down 1.5%. it is falling deeper than it did earlier this morning. brent crude is taking a similar move to the downside. trading at $78.60 a barrel right now. >>> let's check on the overseas market in asia. positive

four-door gm come you talk about their numbers.on't hear the same thing -- ford or gm, you talk about their numbers. i don't hear the same thing from elon musk. lisa: there is the ability to price things more highly. the people who sought out electric vehicles were looking to be early adopters. now, it is a different kind of equation i will say is someone shopping for a car. you are looking for cost, you are looking for the ease of refueling, being able to keep going. sure, you are thinking about the environmental factors, you put those together and you get a different car that people gravitate towards that some of the teslas, the price points and the margins that they have been selling them at. jon: we are talking about the lack of advertising on x, but it is getting free marketing the world over this week. the focus is on this brand. there is a great video ad on twitter of this truck towing a porsche, beating a porsche in a drag race. what does porsche do in response? lisa: i don't know. it's a good question. this is something th

potentially dangerous malfunctions with a gm car. it is now halting sales of one of its electric vehicles. next on "today in the bay," we'll tell you about the serious issues leading up to that decision. >>> and it's the day after christmas, which means the return rush is on. we're going to break down what you need to know before heading to the store to drop off those unwanted gifts. >>> and a miracle at a pennsylvania animal shelter. the reason workers are extra thankful this holiday season. you won't want to miss it. you' watching "today in three loving this pay bump in our allowance. wonder where mom and dad got the extra money? maybe they won the lottery? maybe they inherited a fortune? maybe buried treasure? maybe it fell off a truck? maybe they heard that xfinity customers can save hundreds when they buy one unlimted line and get one free. now i can buy that electric scooter! i'm starting a private-equity fund that specializes in midcap. you do you. visit xfinitymobile.com today. >>> good tuesday morning. we take a live look ou

what this means for gm and stellantis. why?electric pick-up market going to develop as they expect to? they both have electric pick-ups coming to market in 2024, not in huge numbers, but it does raise this question, what does the consumer want? the bottom line is this when commit to the lightning, i talked to a lot of dealers, they say the same thing, people come in and want to look at the hybrids before they think of looking at the lightning. >> great setup and important story. our phil lebeau. we'll stick with evs, around 4,000 dealerships signed a letter to the president in november requesting to, quote, pump the brakes on the ev transition. our next guest represents one of them, arguing, quote, this mandate is too much too soon and every-day americans are not prepared or willing to adopt so quickly. let's bring in paul rochelle, they sell vehicles from virginia, maryland and washington, d.c. thanks for being with us. we talked about your letter when it was originally made public. any meaningful response from the administrat

but they said that as the gm, he should have known. pointed to a "very problematic" win-at-all-costs culture he created. how do you respond to the public perception of, like, a larger cultural problem within the astros? >> i think it's wanting to create a narrative that is easy to explain. there was no toxic culture at the astros. we had a very productive culture that led to a lot of success in the game of baseball. six american league championships in a row, four world series, two rings for winning the world series. that's a dynasty. i don't think that's gonna be replicated anytime soon. >> reiter: but their legacy's more than that, because there's other parts of the story. >> there's always other parts, you know? tom brady and the deflategate, and there's always, yeah, there's always something, right? i'm not trying to minimize it. it's there and we all face the music, but the astros are one of the best sports teams of the 21st century, period. ♪ >> reiter: luhnow was an unusual choice to lead the astros from the start. although he'd

but they said that as the gm, he should have known. pointed to a "very problematic" win-at-all-costs culturhe created. how do you respond to the public perception of, like, a larger cultural problem within the astros? >> i think it's wanting to create a narrative that is easy to explain. there was no toxic culture at the astros. we had a very productive culture that led to a lot of success in the game of baseball. six american league championships in a row, four world series, two rings for winning the world series. that's a dynasty. i don't think that's gonna be replicated anytime soon. >> reiter: but their legacy's more than that, because ere's other parts of the story. >> there's always other parts, you know? tom brady and the deflategate, and there's always, yeah, there's always something, right? i'm not trying to minimize it. it's there and we all face the music, but the astros are one of the best sports teams of the 21st century, period. ♪ >> reiter: luhnow was an unusual choice to lead the astros from the start. although he'd spe

just a few months after he delivered this speech, we learned that gm is now announcing they're laying off more than 1300 workers across two michigan plants. what's the reason? of course it's related to the dreaded electric vehicle obsession of joe biden. the cuts are related to gm's announcement that it was delaying production of two all-electric pickups at the plant by a full year. but biden, the sputtering green machine, thought he could take trump on. >> he said if american invests in electric vehicles, it would drive down wages. it would destroy jobs, it would spell the end of the american automobile industry. of well, like everything else he said, he's wrong. >> laura: wrong again. is it any wonder that michigan is abandoning biden at this point? after having lost the state by less than three-points in 2020, trump is now leading biden by 10 points. that's according to the latest cnn poll. now, a bloomberg poll this week also showed that trump is leading biden in michigan and found that a major reason is because union workers are ditching him. bloomberg's jeff green, who covers mi

let's start off with gm. it plans to layoff 1,300 workers michigan next year as a number of vehicles will end production. including the chevy volt. the layoffs are set to take effect on january 1st. gm says it the will retool the fa the sl sthe facilities to bur trucks. >>> investors led by blackstone won the bidding for the largest exchange for the $33 billion loan portfolio once owned by signature bank which is auctioned off by the s.e.c. the deal includes more than 2,600 mortgage loans backed by retail and market rate apartments. >>> citigroup winding down the operation in the $4 trillion municipal bond market and what is called the most dramatic move to squeeze better returns from the bank. the exit will impact 100 staffers with many likely to leave the bank by early next year. the bank says the economics of the activities are no longer viable given our ability to increase returns. >> you see a lot of changes in recent weeks. silvana, see you later on. thank you. >>> we have more to come on "worldwide exc

i want something which says, we're fine, of which the ones that do say that is gm. gm get upgraded. that's good. i don't mind that at all, but, you know, and i like what yardini said, but i can't believe i'm agreeing with wilson. >> the man you've tortured on tv for more than a year. >> i have. then he agrees with me. i think we're okay. i just see megacap -- i see the mag 7 all going done. i see positive notes about nvidia. nvidia, which is -- >> yes. >> -- that whole dump tray, that's coming down. i want to wait here. i don't want -- i want to have more capital so that when stocks come down, i can buy. >> do you think -- are you worried about cpi being an unpleasant surprise or -- >> no. i think those are all going to go our way and the bull's way. everything's going to go the bull's way except for the fact that people are getting ahead of it so much that i just want to say, nyou know what? let's just see more good data, and then the fed might change its tune, but right now i don't think the fed's -- i know everybody thinks the fed's about to cut. i think that's so wrong. i think

off the the stuff that used to come standard now costing owners few hundred extra dollars per month gmrom subscription by year 2030 how soon to swipe to use wind shield wipers what do you think of of this? >> they're pushing. they're pushing luck right here telling you right now. and it is -- it's really kind of nuts and bottom line is listen, i think everyone should just keep what you've got and get ready for the autonomist cars because there you don't have to worry about it and won't be a steering wheel or pedaling and civil swivel seats until then keep what you've got skip the subscription thing. >> wow going to automated cars i think what they're going to do with on star they give you free for six months and then they give you the xm radio and say okay i'll sign up for it. that's what they're going to do. >> you can't leave -- and where will this end can you imagine going to starbucks now you have to subscribe to our cups. everyone is doing subscription services whether online stuff, you know, website stuff, apps apps get you i subscribe to apps i don't know how many i have -- >> i

off the the stuff that used to come standard now costing owners few hundred extra dollars per month gm extra $25 billion from subscription by year 2030 how soon to swipe to use wind shield wipers what do you think of of this? >> they're pushing. they're pushing luck right here telling you right now. and it is -- it's really kind of nuts and bottom line is listen, i think everyone should just keep what you've got and get ready for the autonomist cars because there you don't have to worry about it and won't be a steering wheel or pedaling and civil swivel seats until then keep what you've got skip the subscription thing. >> wow going to automated cars i think what they're going to do with on star they give you free for six months and then they give you the xm radio and say okay i'll sign up for it. that's what they're going to do. >> you can't leave -- and where will this end can you imagine going to starbucks now you have to subscribe to our cups. everyone is doing subscription services whether online stuff, you know, website stuff, apps apps get you i subscribe to apps i don't know how

, marina dellovna, did the presence of your daughter influence the non-renewal of the contract with gmunderstand what you’re talking about at all, what influences your participation in projects with government funding? recently you accepted the state tretipov gallery 's collection of paintings from gelman's collection, including those depicting, i don't answer these questions either, girl, for some reason in nizhny novgorod they only ask provocative questions, and i 'll tell oleg about this, okay, you artist, yes, yes, tell me, how do you feel about the special, it suits you, it doesn’t suit me, yeah, i was very... amused by the comment of mrs. trigulova, who was going to complain to the leadership of the province for the questions asked, i would very much like to ask the governor of the nizhny novgorod region gleb sergeevich nikitin a question, you have already been contacted with a complaint that the liberal community is not favored, but what about you? i like it, you know, now it works for us, it works for you, it doesn’t work for me. that is , we have svo, but he doesn’t, it’s not

maybe there was speed dating involved with the owner and gm.ve never seen it is i have never seen players actually care who the onerous and the gm is. they just want to have the chance to win. ohtani does have that. it's not as though he played for a bunch of slippers before. he was in los angeles, same market, different team. they signed a bunch of guys but they all ended up stinking or getting hurt. baseball now has a chance to have its best player play in october. that is why they look the other way. that's what they really want, shohei ohtani playing in front of a national and international stage. >> david, you never had a shohei ohtani player who wanted you to stay. that's why you sound a little sorry about it. i have less than a minute. does this mean that they are now going to be world series favorites? >> i think that they are. according to people who are betting, that's fine. when you look at the world series, it's rare for the team that is the favorite to win it because so many things have to go right in the month of october during th

online used car dealer is making progress on productivity cost and company culture, it is up 13.9%, gm moving higher to end a quarter% after hsbc both raise the rating from neutral to buy, mizuho raising the price target from $38 to $42 on the belief that the wage increase for uaw workers will be offset by the company's other cost-cutting plans which include pausing investment in the cruise self dragon business, gm at the moment is at $33.9. cruise is a big story while it ran into speed bumps, artificial intelligence has been making a major inroad into the automotive business. all this week on fox business we are covering anything and everything artificial intelligence, one year end five days ago to this day openai astonish the world with the generative a.i. chat gpt, look where we are today, we're looking at how a.i. has altered the automotive sector, ashley webster is on the road where artificial intelligence and trucking are colliding if you will created by a company on "the claman countdown". hey there, don't say the word colliding or collision. i'm in a cab in 18 wheeler and this

so the bread does not soak up the gm and get all wet, genius.out your hostess acquisition where you see the best synergies in the best opportunities. >> we spent three years essentially reshaping our portfolio, we invested some businesses, focusing on the businesses that we know can grow across the coffee portfolio, the pet snacks and quite frankly hostess is a perfect fit, we want to be in categories where we can lead and grow in categories hostess is perfect for that we reshaped our entire marketing capabilities are sales capabilities really looking forward to applying that to hostess, what hostess does really well is fast cycle innovation, they have an outstanding store presence and we think there's opportunity to combine those capabilities and grow both businesses. liz: you 7000 in place, 19 facilities in your building a new one, where is that. >> outside of birmingham, alabama. >> all-american you pay dividend 3.5%. >> yes. >> that is interesting a lot of people might not know that there is an opportunity. >> over 20 years we've been increa

kapler will be one be of three assistant gms working under the new president of baseball operations.l be posting links on my instagram. >>> 49ers faithful, less than 48 hours away from undoubtedly the biggest game of the regular season. you know the deal. eagles 10-1 on the season. they knocked the niners out of the super bowl. head coach kyle shanahan looked back at the last match-up and said his guys were ready to commute. >> one thing i was worried about, you lost all your quarterbacks. this one is a little different. besides that, have to write up a real good game. you go back and watch the tape. the odds makers are on their side. niners are three-point favorites on the road. kickoff is at 1:25 on sunday. thank you so much for joining us at 4:30. janelle is working on the 5:00 newscast next. we're ba in two minutes. ck >>> right now at 5, working hard to clean up a south bay neighborhood. the latest effort to make a difference. >>> secretary lloyd austin is in the bay area. what he hopes to accomplish while he's here. >>> it's world aids day. what started 35 years ago today is st

maybe a google or a gm or something that's building their own sort of robo taxi fleet.t think it's that plausible. so maybe it trej trudges along. you can see where the separation happens. those stocks used to trade in lock step. not anymore. >> could be a banner week for can uber if they get the london black cab. we'll see. thank you. >> i'm so with you. >> that was a huge one can. it was a huge one. >> i mean, it says everything you need to know about uber. its fiercest detractor is now their partner. >> exactly. a fitting end perhaps to that whole saga. thank u. >>> still ead, cistmas just a little more than tee wee ay. wel gethe three naon our trader's wish list and the one she's not wanting in her stocking. that's next. a few years ago, i came to saona, they told me there's no electricity on the island. we always thought that whatever we did here would be an emblem of what small communities can achieve. trying to give a better life to people that don't have the means to do it. si mi papá estuviera vivo, sé que él tuviera orgulloso también de vivir de esta viviendo

cruise operates separately from gm and gm has a limited presence in san francisco. gm says it was overcharged by $121 million in taxes, but claims it only sold $677,000 worth of goods. >> that's a lot from one city. >> that has to be -- >> i'm shocked that san francisco is overtaxing somebody. >> they're taxing the overall business. >> they are and using cruise. gm is like, no, that's cruise. we heinvested in them. >> they lost a lot. >> interesting fight. >>> we are not done with auto stories. toyota beats volkswagen for the four fourth consecutive year. it helped sales and production reach records in november. global sales rose 12% to nearly 990,000 vehicles. the most ever for the month of november. >>> in that realm of lawsuits, openai responding to "the new york times" over the lawsuit over the artificial intelligence giant and microsoft. the times claims the companies have a business model on mass copyright infringement. we respect the rights of content creators and owners and are committed to working with them to benefit from a.i. technology and revenue models

i don't own gm. my clients own ford as a well.arnings with a 6% dividend yield. that's too juicy to pass up x that was a result of the uaw struck where it was left for dead. ford can certainly afford to pay the additional $7000 per vehicle to get -- 700 per vehicle to get the uaw workers up to where they wanted to be. that's ancient history in the rearview mirror and, yeah, i'm very comfortable owning ford. as far as san francisco goes, that's the typical democratic state-run money grab where everyone wants a piece of the action. look what they've done to google, facebook, etc. follow the money, that's what democratic states do. they've got to try to find revenue sources to plug all the a holes as a result of their excessive spending. ash a ash san francisco is like the sister state of the withdrew people union. they want to tax everything, fine everyone -- >> yes. ashley: it is just one huge money grab request, you're right. >> it really is. ashley: let's move on. you can buy a wendy's junior bacon cheeseburger for just one penny

gm and chevrolet say they're aware a limited number of owners have experienced software issues, leadingthe temporary halt in sales. apple's new year will begin with the launch of the pro headset. a top analyst with a good track record, says the company will begin shipping the vision pro in the first week of january. that means it will likely hit stores in late january or early february, with about 500,000 units shipped all of next year. apple has repeatedly said the release will happen early in 2024, with no actual date. the analyst is also expecting a new mac event in the fourth quarter of next year after the iphone 16 debuts. guys. it may be late for the vision pro, but i'm sure lots of people want to get their hands on it. >> absolutely. i can't spend any more money on apple products. i need to stop for a while. >> i may not stop. >> silvana, thank you so much. hope you had a merry christmas. >>> if you did not buy a powerball ticket last night, congratulations, because good luck for you, no one won the lottery last night. there was no big winner last night in that $638 million power

i'm not sure if there is such a thing as an assistant gm revenge game, but the giants go to the marlins for the third week of the 2024 season. >>> we are in the thick of high school football here in california, and one team is still in a magical season, they can't believe it happened. there is a lot of noise around the san francisco high school football team. which is amazing, because just two years ago, there was no team at all. >> there was a five year stretch we didn't win a game. >> after not fielding a varsity team in 2021, frank returned for his second stent has head coach over the program. >> i remember sitting in the hallway, begging people to come out and play football. >> they took the field in 2022 and this year, those players won the section championship, the first since 1989. >> we are on cloud nine, every time we go out, i still can't believe we are playing football. >> with moro as his assistant, a tall task awaited them. but a determined group kept the program alive. >> we got lucky with a few kids, i call them the court 10. >> i'm glad i stuck with it because i'm sure s

gm says it paid city taxes based on the entire company's payroll, not on the payroll of cruise alone.aims that gm generated just. $677,000 worth of sales in the city in 2022, the city attorney's office says it is reviewing the complaint and will respond in court. well, some warriors rookies spent some time with a group of local kids. it's all part of the warriors annual season of giving event. cookies with the rookies. it happened at chase center. the kids were selected by a local nonprofit. they joined rookie players to decorate holiday cookies. >> great to just give back to the community and seeing the smile on the kids faces. building cookies, seeing who makes the best cookie after decorating cookies, the warriors rookies also took the kids on a shopping trip at the warriors shop. >> there's anxiety and uncertainty, so we leave early in the morning and we fly late at night. and you pray for the best. >> today is expected to be one of the busiest travel days as people head back home for the holidays. a look at what we could see today. >> we've been out of a police chief for ten mont

off the the stuff that used to come standard now costing owners few hundred extra dollars per month gman extra $25 billion from subscription by year 2030 how soon to swipe to use wind shield wipers what do you think of of this? >> they're pushing. they're pushing luck right here telling you right now. and it is -- it's really kind of nuts and bottom line is listen, i think everyone should just keep what you've got and get ready for the autonomist cars because there you don't have to worry about it and won't be a steering wheel or pedaling and civil swivel seats until then keep what you've got skip the subscription thing. >> wow going to automated cars i think what they're going to do with on star they give you free for six months and then they give you the xm radio and say okay i'll sign up for it. that's what they're going to do. >> you can't leave -- and where will this end can you imagine going to starbucks now you have to subscribe to our cups. everyone is doing subscription services whether online stuff, you know, website stuff, apps apps get you i subscribe to apps i don't know h

the cuts are related to gm's announcement that it that it was delaying production of two all electric pickupsth at the plant by a full year.hought >> but biden, this sputtering green machine, thought he could h>>take trump, he said of amern veteran electric vehicles. obs, it would drive down wages, itt o would destroy jobsul it would spell the end of the american automobile industry. well, like almost everything else, he said, he's wrong, wrong. is it any wonder that michigan's abandoning biden at this poin t after than having lost the state by less than three points in 2020? b trump is nowiden leading biden y ten points. that's according to the latest latest cnnpoll. now, a bloomberg poll this week also showed that trumpg bideat a is leading biden in michigan bld found that a major reaso man is because union workers are ditching him. >> bloomberg's jeff green,ies fo who covers michigan, said clean energy policies for the auto o industry raise fears of job losses amongf jo and file worke. >> so three years up to the union bosses and its big donors has resulted in harm to the aut auto

for driverless cars >> reporter: it was august when california regulators gave the green light for gm'sgoogle's sister company waymo to expand and start collecting fares as they shuttle passengers across san francisco, but just two months later, the california dmv determined cruise posed an unreasonable risk to public safety. cruise saying, the most important thing for us right now is to take steps to rebuild public trust, even if it means doing things that are uncomfortable or difficult the company pulled all 400 of its driverless cars in the u.s. off the road cruise declined our interview request, but we did hitch a ride with its main competitor, waymo, which is now the only driverless fleet in america actively picking up passengers. >> not all autonomous vehicle technologies are equal. >> reporter: chris ludwig heads product management for waymo >> if driverless cars can still make mistakes, what makes you so convinced they're still safe enough to be on the road? >> well, there have been examples pointed out where driverless cars continue to need to improve when we make an improvemen

>> the gm of the park believes this is the first time it is being used in california. process has been used in orderric companies. but this project is different because it is an urban parks area. in fact, shabo parks, using the carbonator lead to a healthier more fire resistant forest using a process that doesn't harm the environment. coming up at 5:30, we will dig deeper into the specifics and another benefit they say make it is carbonator so eco friendly. >> sounds great. >> we'll explain at 5:30. >>> the time for action is now says noaa as it released its 2023 arctic report card. vianey arana will give us the key take aways to move forward. >>> also, if you haven't done your holiday shopping, we have some tips for you. how you can stick to your budget. that's coming up. >>> but before we head to break, we want to know what trending story would you like to see later on in this newscast? i have a poll up now on my instagram. and you still have a little more time to vote for one of these stories you see right here. nasa's moon in addition, nfl's ad free fourth quarter.

notable sales this week from jp morgan, gm, wells fargo, bank of montreal and american electric helped the weekly total past $12 million. blue-chip companies are borrowing shorter to avoid locking in higher interest rate. only 13% of bonds issued matured in 30 years or more. i went billion dealer sale for xpo was seven or $8 billion and that surpasses last december. we talk more about the high-yield market. >> with rates going up in height yield alone is going up quite quickly in the last six months and you are seeing bank credit growth slowed down substantially. all that so far looks like a soft landing in the risk is a people wake up and say maybe there is more downside risk because they hit is not only from interest rates going up and people start losing their jobs in the labor market is off, we get the double winnie of higher interest rates test double whammy of higher interest rates. sonali: kkr sent a letter out to investors. let's bring in chris sheldon of kkr who wrote that letter. when you look at chances to dive in, what type of case are you starting to dive in the market to?