carlos been hampering stellantis. carlos tava res came been hampering stellantis.tavares came into stella ntis carlos tavares came into stellantis as its first chief executive. he was at psa before that. he was a cost cutter and it was the time to do that, he was credited with turning round the psa group when it was close to bankruptcy. stellantis seem like a great idea, merging a european giant with an american one. the company has run out of steam to a certain extent. it does need new momentum and it needs to reinvigorate its profits in north america so we can deal with its other problems in europe. the new competition from china will be a prime issue for whoever comes in. . ~' , ., to france now where the government is facing a crucial budget vote which could potentially trigger a no—confidence vote in the prime minister, michel barnier, within days. marine le pen�*s far—right national rally is threatening to pull the plug on the coalition government over plans to rein in the massive french deficit. she's given the prime minister until today to answer her demand

stellantis is such a big -la er. ~ stellantis is such a big .la er, . ., stellantis is such a big .la, ~' stellantis is such a big .la er, . ., ~' ., player. well, he was a kind of a risin: player. well, he was a kind of a rising star — player. well, he was a kind of a rising star at _ player. well, he was a kind of a rising star at nissan, - player. well, he was a kind of a rising star at nissan, where| a rising star at nissan, where he honed his chops as kind of a turnaround artist under then—ceo and chair man carl —— carlos ghosn. he was known to being able to turn around companies that were troubled. he then became the head of the psa group, and then helped engineer the creation of this psa group, and then helped eng his er the creation of this psa group, and then helped eng his term creation of this psa group, and then helped eng his term through of this psa group, and then helped eng his term through 2026,; psa group, and then helped eng his term through 2026, but out his term through 2026, but then they announced over the weekend that it was effective december first. weekend th

last year was a very good year for stellantis.hare price has been plummeting even before the resignation of mr tavares. so it would appear that the rest of the board, and possibly the agnelli family, through the chairman, john elkann, have decided now is the time to do something different. mr tavares was due to resign due to retire in 2026 anyway. his position had been weakened because of that. it seems they've brought forward the transition and decided to get rid of him sooner rather than later. the latest there from respondent feel. —— mike respondent, theo. now to japan, where shares in fast retailing, which owns clothing giant uniqlo, have been under pressure over fears of a boycott in china. in an interview with the bbc aired last week, the firm's ceo was pressed on whether they used cotton from xinjang, which has been linked to allegations of forced labour. the company said they did not use xinjiang cotton, prompting criticism on chinese social media. here's our asia business reporter mariko oi who did the interview with fas

shares of stellantis plunge after carlos tavares quits.lsewhere in the sector, vw plans strikes after plant closures. >>> and michel barnier talks greece for the first time as they put pressure on the prime minister raising the chances of no confidence vote amid differences over the budget. >>> european equities kickoff the last month of the year on the back foot falling a red november for the stoxx 600. it's third down month in a row. the dow and s&p 500 also set to pull back despite notching record closes. >>> the greenback pops against its peers as donald trump threatens bric nations with 100% tariffs if they move away from the u.s. dollar. >>> time now to get a check on how we are moving so far this monday morning across the equity space in europe. we have the stoxx 600 at this stage just basically flat. marginally below the flat line. investors trying to digest the political uncertainty out of france and several corporate dynamics as well. let me take you to the bourses to get a look at the continent. we see pressure on the french equ

last year was a very good year for stellantis. share price has been plummeting even before the resignation of mr tava res. so it would appear that the rest of the board, and possibly the agnelli family, through the chairman, john elkann, have decided now is the time to do something different. mr. tavares was due to resign due to retire in 2026 anyway. his position had been weakened because of that. it seems they've brought forward the transition and decided to get rid of him sooner rather than later. to france now, where market nerves have pushed government borrowing costs to their highest in 12 years amid a growing budget crisis. the government of prime minister michel barnier faces a crucial vote on its plans for tax rises and spending cuts in the coming hours. opposition politicians have threatened to bring down the government in a no—confidence vote if the budget is not amended. but france faces a major shortfall in its public finances, as charlotte de montpellier told us earlier. the ground is fragile and the left and far rig

initially, that merger went stellantis.ally, that merger went well, with the combined group producing a profit of 18.6 billion euro last year. but since then, stellantis has struggled. in north america, dealers found themselves unable to clear a backlog of models that customers simply didn't want to buy. in europe — like other manufacturers — it's been hit by competition from chinese brands, and difficulty selling electric cars. earlier this year, mr tavares said the company was in a darwinian struggle for survival. colleen mchugh is the chief investment officer at wealthify. good morning to you, colleen. good morning to you, colleen. good morning, sally. this news is hot on the — good morning, sally. this news is hot on the heels _ good morning, sally. this news is hot on the heels of _ good morning, sally. this news is hot on the heels of the - good morning, sally. this news is hot on the heels of the news| is hot on the heels of the news we got lost week about factories in luton having to close down, the real pressures o

stellantis year. is the parent company stellantis is the parent company of some of the world's most recognised brands. now, for more on this, let's cross to our asia business reporter. great to speak to you about this story. stellantis has different views emerging between the order mr tavares. what do you went wrong? thanks for havin: what do you went wrong? thanks for having me- — what do you went wrong? thanks for having me. what _ what do you went wrong? thanks for having me. what didn't - what do you went wrong? thanks for having me. what didn't go - for having me. what didn't go wrong i guess is another way of putting it. carlos uprated has been saddled with a little difficult complexities at his sprawling business. it is a global business struggling to make huge markets in the united states and europe, and in the us in particular, things kind of had gone off the rails. sales are way down, the inventories are away bloated, product has been late, brand values have been damaged a little bit and incentives are soaring. i have a little bit of fixing to do in the united states, and i think the

stellantis year. is the parent company stellantis is the parent company of some of the world's most recognisedory. stellantis has different views emerging between the order mr tavares. what do you went wrong? thanks for havin: what do you went wrong? thanks for having me- — what do you went wrong? thanks for having me. what _ what do you went wrong? thanks for having me. what didn't - what do you went wrong? thanks for having me. what didn't go - for having me. what didn't go wrong i guess is another way of putting it. carlos uprated has been saddled with a little difficult complexities at his sprawling business. it is a global business struggling to make huge markets in the united states and europe, and in the us in particular, things kind of had gone off the rails. sales are way down, the inventories are away bloated, product has been late, brand values have been damaged a little bit and incentives are soaring. i have a little bit of fixing to do in the united states, and i think the board

you can see why there are so many problems at stellantis. these are just a few of the negative financial highlights under transport in the last year. first of a profit down 48%. u.s. sales down 20%. europe down 12%. and specifically, to the united states, carlos tavares admitted, i was arrogant and saying to keep the production going. keep the prices elevated. they did that in the first half and you know what, it is coming back to really kill them. u.s. sales in the 3rd quarter down 19%. jeep down 6%. what happens now for stellantis as they try to figure out, first of all, how to get things back on track in terms of sales and stabilizing some of the losses they are incurring in different regions? first and foremost, john elkin who is the chair of stellantis will lead a committee and they essentially will run the company until they named the ceo which is expected in the first half of 2025. we should also point out that the company has announced it is reaffirming its guidance for all of 2024. but remember that they cut the guidance some time a

stellantis underperforms in the u.s., its prime cash-generating market. stellantis in focus there.ia and super micro, down this morning after bridgewater associates adjusted its position in the companies. they cut the nvidia position and bought more shares of super micro. nvidia up massively so far this year and super micro down 75% from the record highs in march. a little activity within technology. and we'll finish with a check on shares of gap stores. up 4% after jpmorgan upgraded the retailer to overweight from prior neutral. analysts say they expect growth opportunities in the low to midsingle digits and strength in its old navy and athleta business. gap shares up 3.5% on the cyber monday. for more on that and other top analyst calls of the day, head to cnbc.com/pro, subscribers get full access to the details and analysis behind those calls. gap stores probably appropriate for the cyber monday. back over to you. >> yeah, year to date up 20%. impressive. people have been asking about what your wardrobe was going to be post friday when you had the sweater, the open collar, and b

how do you rate stellantis >> the auto industry is very challenging.n they have north american dealership inventory and co2 issues in europe next year to your point, chinese competition. challenges on multiple fronts. it is not just them. it is happening across the board. we rate them a sector perform. we really like only a few names in our coverage. we like general motors we actually like that's and we like ferrari those are the names most people have been interested in and we feel is somewhat safe to power through the challenges ahead, but it's going to be a tough going at stellantis. there's a lot of work to do. >> well, to perhaps explain to us whether there's any sort of company at this stage within the sector where you see, perhaps, a little bit of protection from potential tariffs in the next white house with donald trump potentially announcing further tariffs on this sector any pockets of hope here >> yeah, i mean tariffs really hit almost everybody we've written it's worse for the german oems with the trade war with europe. again, mexico tarif

the chief executive of stellantis the chief executive of stella ntis steps the chief executive of stellantisve music industry. we'll have more on what's been going on. hello, and a warm welcome to business today. let's begin in the auto sector and the shock resignation of carlos tava res, and the shock resignation of carlos tavares, the ceo of stellantis. declining sales has seen their shares lose 40% of their value this year. stellantis is the parent company of some of the world's most recognised brands, including vauxhall and jeep. what didn't go wrong, i guess, is another way to put it — carlos tava res has is another way to put it — carlos tavares has been saddled with a lot of difficult complexities at his sprawling business. it's a global business. it's a global business straddling two huge markets in the united states and in europe. and in the united states in particular, things kind of had gone off the rails. sales are way down. the inventories are way bloated. products have been late. the brand values have been damaged a bit. and incentives are soaring. so they have a lot of fixing

shares of stellantis are falling. looking at those cars, can i see why.he company said ceo carlos tavares has resigned and the search for his replacement is under way. >>> a surprise reversal. not that big a surprise from president biden announcement saying he is pardoning his son hunter. details ahead. >>> a blockbuster weekend at the box office. "moana 2" atters records. >>> it's monday, december 2nd, 2024. for a while. "squawk box" begins right now. ♪ >>> good monday morning, everybody. and welcome to "squawk box" right here on cnbc. we're live from the nasdaq narc et market site in times square. u.s. equity futures aren't budging much at this point. you got the dow futures down by over 8 points. and s&p 500 futures down by 8 points and the nasdaq off by 37. but that doesn't tell you what happened in the last month. the dow and the s&p 500 both closed november, trading at a record high. in fact, for the month of november, the dow was up 7.5%.

shares in stellantis, which owns the peugoet fiat and jeep brands, were down around 8% in paris thisexecutive in the first half of next year. let�*s get more on this with our business correspondent theo leggett. do we know why he has quit? we don't do we know why he has quit? - don't know the precise reasons, don�*t know the precise reasons, but problem have been starting to engulf stellantis since the start of

on the carmaker side it is a little more difficult, but given how beaten up stellantis was this yeard trade, especially having in mind how much volkswagen could suffer in q1 from the strikes, and at stellantis i think all of the negative news is out and therefore it is cheap and there for the model pipeline in the u.s. we have a story of stimulus that could benefit from that >> before i let you go i would like to understand the risk of the final you made with donald trump coming into the white house at the start of next year. are european automakers prepared for potential tariffs or would it just bring more headaches to the sector >> tariffs are like co2 regulations now. everyone expects there could be a tariff raise i think in terms of the tariff raise, it depends on what he wants to do, tariffs on the mexican imports, tariffs just on the european imports, are there tariffs against the exports. at the moment it is difficult to quantify who suffers the most. i think it is fair to say those companies importing in the u.s., of course, they should be most affected these are the luxury o

jack: you also mentioned stellantis, the carmaker.of questions about stellantis including his pain over $100,000 for a jeep wagon and, when did it go over $100,000 for their struggling to sell in north america whether they have to do different? >> this goes into the category of a good old-fashioned management mess up. they jammed inventory in their dealer network, they declared buffer profits in 2023, the bill came due in 24, the ceo is now, things are terrible, this is not a good one either. jack: go ahead. >> i'm looking at nike i know it was on your list but this is a company i was growing up this is the shoe company, that was that way for the very long time. not anymore. the company, you go out and you don't really see the nikes you see hokah or on or kid wearing crocs with socks in the middle of the winter is all very odd. crocs with socks that the dr. seuss book. >> part of the problem nike has lost its way. nike used to be aspirational used to be i want to be like mike, it's just do it, these days that's not what nike is able c

evolve i also told you about the performance in the auto sector this morning, we are looking at stellantis actually performing quite well up 1.6% yesterday, the stock was down almost 9% off the back of the news that the ceo had resigned with immediate effect over the weekend. i also want to get you up to speed of what is happening in asia earlier today we actually saw relatively strong performance for some of the asian bourses. to give you a little bit of context in terms of what happened in the asia equity session, we are actually seeing chip stocks across europe and most of asia moving higher today after the chinese commerce ministry announced curbs on the chip exports to china. the chip maker asml says the decision would not impact their financial guidance that has actually propelled the stock this morning however, the move hit chinese semiconductor names during the asian session with the new trade curbs likely to hit the ability to develop new technology. let's see how this will continue to develop, frank, but no doubt, also important developments here when you think about the outlook

and carlos taveras quits's to fantasy -- quits stellantis and happy monday. equities and brinkmanship. .10% after gains last week aired futures flat and s&p futures lower by .2% and nasdaq futures looking to drop 42 points. nonfarm payrolls is arguably the data point of the week. you are seeing selling pressure across u.s. treasuries now with yields up and price down on the u.s. 10 year and you can see what's happening in terms of the euro-dollar currently 105. you can tie that to france but also strong dollar. 150 on the japanese today giving up some of those gains. governor ueda giving some commentary in a newspaper over the weekend suggesting he is still open to the prospect of another hike in december. brent currently up .6% and france's finance minister has told us he refuses to accept le pen's demands for budget changes saying the got to market jitters with amid concern over a potential government collapse in france. they spoke to us exclusively. >> we respect each and every member of parliament and every person in france, whatever they decided to vote

stellantis has a lot of european brands.tion, how much does the larger industry trends affecting many other prices as well? tom: it's a combination of both. stellantis was notorious for reinventing brands. give tavarez credit, he thought he could reinvent ram and jeep as more of a premium brand. that has been a good strategy. the problem is how much has been really invested in these brands? the product themselves. if you look at jeep and ram compared to their direct competition, the best since pre-pandemic. that inflation has far exceeded ford and gm. some people hope this is just coming back down to earth. maybe it doesn't trickle and impacted as much, more of a direct head on competitor. they are likely to see some pain the next year. jonathan: this is a terrible time to send assets. they are not the only company having problems. we have heard the dealerships complaining about how -- not having enough brands to sell. nissan does not have the hybrid offering. a real worry about the future of this company at the moment. who

. >> stellantis could not invest for more from the workers, like every generation of worker, they meet every target said. they make every innovation demanded of them. they never give up. contrast this with the ceo who gave up a decision and looted quick. does the promise or agree stellantis should review the decision, do what is right and stay put for good until any alternative is found? p.m. starmer: i think her for raising it. it is obviously an issue of great concern to her constituents, and the government is totally committed to supporting the workers and their families at this uncertain time, and the industry minister will meet the company this week to do sure -- to ensure they will continue to do so. >> otherwise known as an ocean ordinance will be across the atlantic next year. the task of raising 50,000 pounds. they are struggling with rising costs and planned increase in national insurance. will promised her join with me in wishing ben and henry the best of luck on their journey? p.m. starmer: a tribute to ben and henry and everyone supporting their campaign. it is important t

the company is stellantis. more than 300,000 ram heavy duty pickup trucks are part of the recall.he part in question is a hydraulic control unit. the recalled models spanned from the years 2017 to 2018, and includes the ram m 2500, 35, 4000, 505,500. stellantis says it will tell impacted customers when they can bring their trucks in for service, and that will be free of charge. scammers are out in force this holiday season. and authorities across the bay area are sounding the alarm. east bay mud is warning its customers about scammers posing as utility workers. the agency says it's gotten 30 to 40 calls in the last few days about people posing as utility workers knocking on the front doors of homes in richmond and oakland. the agency says workers will never ask to enter your home unless it's for a scheduled visit. you see, this around the holidays, and people should be careful. scammers are also using actual police department phone numbers posing as law enforcement as well. there have been incidents this week in fairfield and the south bay. police say scammers are using ai to impe

stuart: i want to bring in ashley at this point because of movement in stellantis.ut it on the screen and up 2%. a slight recovery, ashley. ashley: yeah, it's rising this morning, stu, after the company announced former ram ceo will be returning that's stellantis' pickup truck brand and comes a week after former ceo unexpectedly resigned and market responding by moving higher on stellantis up 2.13% and more so by the way if you have a sweet tooth and like this story, mondalese exploring a takeover of h hersheys and, two giants in the candy market and one of the largest conglomerates and hershey's surging on that and mondalese down around 2%. stuart: i was born and raised rd with cadbury. a person of interest in united healthcare ceo murder and police think he hopped in a taxi shortly after the shooting. telling you where he was heading or where we think he was heading. doge wants to cut $2 trillion worth of government waste and some critics think congress has -- doesn't have the guts to do it. we'll bring you a full report from capitol hill on that. even some democr

. >> stellantis could not invest for more from the workers, like every generation of worker, they meetvery target said. they make every innovation demanded of them. they never give up. contrast this with the ceo who gave up a decision and looted quick. does the promise or agree stellantis should review the decision, do what is right and stay put for good until any alternative is found? p.m. starmer: i think her for raising it. it is obviously an issue of great concern to her constituents, and the government is totally committed to supporting the workers and their families at this uncertain time, and the industry minister will meet the company this week to do sure -- to ensure they will continue to do so. >> otherwise known as an ocean ordinance will be across the atlantic next year. the task of raising 50,000 pounds. they are struggling with rising costs and planned increase in national insurance. will promised her join with me in wishing ben and henry the best of luck on their journey? p.m. starmer: a tribute to ben and henry and everyone supporting their campaign. it is important to

this comes at a time when stellantis is under pressure to halt the sales slide in the u.s..s also suffered with the european market where the demand for ev's is waning. chinese manufacturing is expanding in the region. coming up, one started hopes to break nvidia's dominance with heavyweight backers including jeff bezos and samsung. we speak with jim keller next. a quick check on intel. it is the key news of the day that we have seen pat gelsinger step aside and announced his resignation on the back of a frustrated board who could not get behind his turn around of the iconic chipmaker. we are up 7% as we have two new interim ceo's named for the time being. this is "bloomberg technology." ♪ caroline: welcome back to "bloomberg technology." let's get a quick check on the markets. let's focus in on what is happening with chips. 5% rise in intel as the ceo, hired back in 2021 to turn around the iconic chipmaker, will leave the job as they turn around has failed and he has lost the confidence of the board according to bloomberg reporting. nvidia is up 10%. until shares dropped 60

notice issuing in november as a result no employees played on indefinite layoff january 5, 2025 stellantisw york city for allegedly setting a sleeping woman on fire in new york city subway the nypd source telling fox news digital suspect entered illegally in 2018 next video is graphic, nypd saying suspect approached a sleeping woman on f spain 7:30 a.m. yesterday lit her clothing on fire with a lighter sat object the platform and watched. the suspect apprehended after 3 high schoolers recognizing him from wanted posters sources say he has no prior arrests in new york but one in arizona charges still pending against him, meanwhile, new york governor kathy hochul is getting ripped for her tone-deaf post yesterday telling working to make sways safer claiming crime down hours before this incident robertg kathy hochul incompetence costing lives needs to leave public office immediately before in other new yorkers suffer, a picture of jesus drawn by jailed apple founder pro democracy activist jimmy lai in one altar in sanity patrick's cathedral in new york city maria spotting the drawing, lai spe

yesterday we brought you the news that the boss of carmaker stellantis suddenly quit, well on mondaynced its chief executive — pat gelsinger is to step down and take unexpected retirement rom the company's board of directors. gelsinger led aggressive efforts to turn around the troubled us company for more than three years. for more on where that leaves the future of intel, here's our north america business correspondent, ritika gupta intel ceo pat gelsinger was forced out after the board lost confidence in his plans to turnaround the iconic chip maker. there will be two interim co—ceos until the company finds a permanent replacement. the shares initially got a boost from the news on monday and intel shares are still down some 50% this year. gelsinger was hired back in 2021 to lead an ambitious comeback. that didn't happen. in fact, intel fell further behind its rivals, with strategic missteps and missing out on the ai boom. gelsinger wanted to take intel beyond its traditional strength and making pc and server processers to build a foundry business manufacturing tips for other compan

stellantis says that different views have emerged in recent weeks among major shareholders, the boardnd mr tavares, resulting in a ceo's resignation. some clues there perhaps. do we know why he may have resigned? we don't, but we know _ he may have resigned? we don't, but we know the _ he may have resigned? we don't, but we know the company - he may have resigned? we don't, but we know the company has - but we know the company has been facing declining sales in north america, in particular, and that led to issue a profit warning back in september, which included a forecast for cash burn of up to 10.6 billion dollars. since then, mr tavares�*s approach has been under scrutiny, tavares�*s approach has been underscrutiny, his tavares�*s approach has been under scrutiny, his outspoken sale sometimes has seen him in conflict with unions in the us and even the italian government over decisions there to reduce auto production.— over decisions there to reduce auto production. maybe we will know more _ auto production. maybe we will know more in _ auto production. maybe we will know more in th

his climate change agenda the department of energy committees evident half billion dollars to a stellantisture with samsung sdi to build two electric vehicle battery plants in kokomo indiana georgia congressman buddy carter the house budget and energy commerce committees. good to see you thank you for being here. >> joe biden does not look like a lame duck president were in the lame-duck session and he's committing a billion dollars to africa and all the money to stellantis to do the electric vehicle plans what your thoughts on joe biden's moves as he walks out the door. >> the midnight loans for his agenda and this was overwhelmingly rejected by the voters a month ago and this president continues on his goal in trying to put forward the reforms that he wants to do in the american people have rejected instead of being a lame-duck president and letting president trump implement his policies then this president is out of control. >> clearly joe biden is going to do what joe biden wants to do it flies in the face of the effort to cut cost. yet the doge caucus in the senate and in the house as

up to major changes at the top intel ceo pat gelsinger retiring after 60% drop in the stock and stellantis carlos tavares quit after clashing with the board with the turnaround plan for the automaker which include jeep, dodge, ram and chrysler is not enough news, intel had been up 5%, and lost all of that now is down 1% to kickoff the final hour of trade let's get right to the floor show are two traders kenny polcari, let the reindeer games begin. where is peter tuckman, could not get in front of the camera. >> it is you, take it away give me a sense of what the first trading day what the first trading day has to say weather weekend see gains to november the s&p in the dow best month of the year. >> it was a great month i'm not complaining, i do think we are tough i don't think today suggest that we will keep marching higher into the end of the year. we could certainly if they hit us with a great headline that the market loves i don't think it's causing all kinds of banks quite honestly most investors assume that the terror conversation will given leverage and allow him to have these conve

at this stage, when you think about stellantis, their shares are down 9%.ned about the outlook for the company. but i have to tell you, john, this is a difficult time not just for stellantis, but across the autospace. let's see whether 2025 will bring a turn around for automakers. >> and with impact potentially of those trump tariffs if they are put in place. cnbc sylvia is live from london. >>> next up, there's been a sudden surge in fighting across syria. as rebel groups launch a huge new offensive against government forces. we'll have the latest on the escalating conflict and what it could mean for the region. we turn to the news overseas when way too early returns. an add-on treatment for eosinophilic asthma taken once every 8 weeks. fasenra is not for sudden breathing problems. serious allergic reactions may occur. get help for swelling of your face, mouth, tongue, or trouble breathing. don't stop your asthma treatments without talking with your doctor. tell your doctor if your asthma worsens or you have a parasitic infection. headache and sore throat

stellantis in the premarket is down almost 9 and-a-half percent this morning.ker and tesla's biggest competitor byd is becoming one of the largest manufacturers of apple products in china. now assembling more than 30% of the tech giant's tablets, byd says more than 10,000 engineers and 100,000 employees overall are dedicated to apple's supply chain. apple's been diversifying the supply chain to include india and vietnam. experts are pointing out the company's rise depends on byd and lux share, could be an issue. take a look at apple, fractionally lower in the premarket. then there is this, maria. vice president kamala harris and her campaign are still asking for donations despite donald trump's resounding victory november 5th. e-mails include phrases like, quote, even a quick donation of $50 is enough to help us in the fight and quote, please do not click away. politico writing the fundraising appeals may be necessary. harris' operation ended with $20 million in debt and there's limited ways campaigns can pay it down under federal law. the e-mails don't mention

but stellantis has struggled with slumping sales and rising pressure from autoworkers at plants in theand abroad. and the ceo of chipmaker intel has retired in a surprise announcement. pat gelsinger started at intel more than 40 years ago before becoming chief executive in 2021. the semiconductor manufacturer has struggled financially to keep up with rival nvidia. both those companies' stocks fell today, as wall street saw mixed results. the dow jones industrial average dipped lower by nearly 130 points, while the nasdaq jumped up by nearly one percent. in the s&p 500 climbed higher into new, record territory. still to come, how the civil war in syria has suddenly reignited. tamara keith and leigh ann caldwell reflect on the latest political headlines. and mementos from a lost past. a memorial project that honors victims of gun violence. >> this is the pbs news hour. from the david m rubenstein studio at weta in washington, and from the west from the walter cronkite school of journalism at arizona state university. amna: in syria today, russian and syrian warplanes targeted civilian ar

stellantis is recalling more than 315,000 of its ram pickup trucks over an issue that could cause the ram 2500, 3500, 4500, and 5500. >>> the usda is requiring all raw milk to be tested for bird flu in an effort to better monitor and contain the spread of bird flu in dairy cows. the fda's commissioner for human foods says the agency may soon review a petition that calls for a ban on red dye number 3 from beverages, candy and other foods some say the artificial dye made from petroleum may cause harm in children, but the fda maintains it's safe. >>> and a new study shows the arctic ocean could have its first ice-free day by 2027 as it melts at a ratiof % r dede want to get the most out of one sheet? ca. o12pe grab bounty. (♪♪) bounty is made to be stronger... ...and more absorbent. so, while ordinary brands can't hold up, one sheet of bounty keeps working, even when wet. (♪♪) now that's the sound of value. bounty. the quicker picker upper. (cough cough) (sneeze) (♪♪) new alka-seltzer plus cold or flu fizzy chews. chew. fizz. feel better fast. no water needed. new alka-seltzer plus fizzy

the chief executive of car manufacturer stellantis, is stepping down with immediate effect.ng chrysler, vauxhall and fiat said it had accepted the resignation of carlos tava res. last week it was announced that vauxhall would close its van—making plant in luton, putting 1,100 jobs at risk. ukraine's president volodymyr zelensky says an invitation tojoin nato is necessary for the country's survival, but it must apply to all of its territory. mr zelensky has been holding talks in kyiv with the new head of the european council, antonio costa, and the eu's chief diplomat kaja kallas. at a news conference, mr zelensky also pushed for eu leaders to convince the us president—elect donald trump to work together for ukrainian security. antonio costa said the eu had stood by ukraine since the first day of the war and would continue to give kyiv its "unwavering" support. rewarding the aggressor would be a threat to the entire international community. find be a threat to the entire international community. and we must be clear— international community. and we must be clear - _ internatio

. >>> the stellantis ceo has unexpectedly resigned with the company citing different views.drop in shares this year. $2.3 million tax bills after the uk's tax agency ruled that millions in franchise earnings should be taxed as income and not capital assets. this is grint's second tax-related legal defeat. >>> here's one for all of us who can't stop scrolling online. the oxford word of the year for 2024 is brain rot. yeah, you know what that means? the decline of mental or intellectual capacity caused by consuming trivial content or kemething characterized as lily believed as such a decline. just like that. scrolling on social media non-stop. start to break away from uc with tremfya... with rapidid relief 4 weeks. tremfya blocks a key source of inflammation. at one year, many people experienced remission... and some saw 100% visible healing of their intestinal lining. serious allergic reactions and increased risk of infections may occur. before treatment, your doctor should check you for infections and tb. tell your doctor if you have an infection, flu-like symptoms or if you

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stellantis is recalling more than 315,000 trucks over potentially deadly risk of crash.some of the hydraulic control units can fail. this applies to 2017 and 2018 model year. ram 25, 35, 45 and 5500. dealers will replace the units for free. letters will be sent out next month to notify the owners. >> google filed a lawsuit today against the consumer financial protection bureau. it's to challenge the agency's decision to place google's payments process under federal supervision. google claims it would be a burdensome regulation based on unfounded user complaints. the agency agency's order for supervision is related to google's peer to peer payment product. it's no longer available in the u.s, so google says it doesn't pose sufficient risk to consumers. >> there is a unique holiday experience going on in san francisco. >> oh, there sure is. how you can catch the s —together. —in one place? espn+ content is now on disney+. looking forward to being on the same team with you! can you imagine the fun? the greatest heroes... action... rahhh!!! ...and stories. the stuff dreams a

stellantis, quien ha emitido llamados a revisión a miles de vehículos en los últimos meses. compañía dijo que avisará a los clientes afectados para recibir la reparación gratuita. yo soy silvana henao y ese es tu informe cnbc para telemundo. gracias, silvana. les cuento también que la temporada del cascanueces del ballet de san francisco comenzará tal como estaba planeado. esto a pesar de los temores de que la noche de inauguración sería cancelada por un estancamiento en las negociaciones contractuales. recordemos que los bailarines y gerentes de escenario habían estado negociando durante meses con la compañía exigiendo mejores salarios. el límite al uso del trabajo estudiantil no remunerado y también protecciones por horas extras. el ballet de san francisco anunció que se logró un acuerdo preliminar con los bailarines y gerentes, garantizando así el inicio de la temporada navideña. carlos. las dayanna venimos a palco deportivo. dice el dicho que 1 nunca debe conocer a sus héroes. normalmente porque en ese encuentro hace que se te caiga un ídolo y ya no lo veas de la misma m

stellantis, quien ha emitido llamados a revisión a miles de vehículos en los últimos meses, ahora estáp y camionetas ram 3500 modelo 2017 a 2018. la compañía dijo que avisará a los clientes afectados para recibir la reparación gratuita. yo soy silvana henao y ese es tu informe cnbc para telemundo. silvana muchas gracias. son las 11,14 de la mañana. vamos a hablar ahora del tiempo porque el valle central le comento. empezó la semana con una advertencia por neblina, así que tome precauciones si vive en esa zona y maneja bajo esas condiciones. pero qué sucede para el resto del norte de california? para eso pasamos con nuestro meteorólogo marcelo rivera. marcelo buenos días, feliz lunes. cuéntanos. gracias. qué tal? buenas tardes. feliz lunes e inicio de semana e iniciamos rápidamente viendo esos titulares del tiempo para esta semana. todavía hoy lunes, muchas áreas en la zona de la bahía estarán viendo condiciones un tanto brumosas, también densa neblina en la zona del valle central. pero para el martes vamos a comenzar a ver un pequeño cambio en las condiciones con un aumento en la veloc

stellantis says that different views have emerged in recent weeks among major shareholders, the board

stellantis, la empresa matriz de chrysler, está retirando del mercado más de 2000 vehículos jeep renegaderes sin ningún costo. la administración federal de aviación emite una norma definitiva que exige pruebas de drogas y alcohol a los empleados de reparación de aeronaves fuera del país, afectando a casi mil estaciones en 65 países. la regla entrará en vigor para el 2027 y también requerirá que los empleados reciban toda la capacitación necesaria para garantizar la seguridad de las aerolíneas estadounidenses. antonio josé vielma. y ese es tu informe cnbc para telemundo. y bien, pasamos con información sobre el tiempo porque le hemos estado informando minuto a minuto este fin de semana sobre las condiciones que se registran. y ahora hay advertencia por inundación en varias zonas. así es. vamos contigo, marcelo rivera, para que nos diga qué es lo que está sucediendo. efectivamente, compañeros y amigos televidentes, ya no está lloviendo, pero tenemos algunos cuerpos de agua cercanos a la zona de sonoma central en ese condado que están esos ríos un poquito elevados y por eso se emite una adve

the chief executive of car manufaturer stellantis, is stepping down with immediate effect.ad accepted the resignation of carlos tava res. last week it was announced that vauxhall would close its van—making plant in luton, putting 1,100 jobs at risk. talks aimed at negotiating a global treaty to reduce plastic pollution have failed. the negotiators from 175 countries, meeting in south korea, were unable to reach agreement on key issues, including reducing the amount of plastic produced in the first place. our environment correspondent jonah fisher has more. this was supposed to be the moment the world came together to tackle its addiction to plastic. but after two years of talks, the last week of it in south korea, there was no sign of a global plastics treaty. a few critical issues still prevent us from reaching a comprehensive agreement. the key one, whether we need to reduce the amount of plastic we make. this year, the world made 430 million tonnes of plastic and that figure could triple by 2016 — member 2060. just 9% of it ends up being recycled, with the rest going to