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May 5, 2020
05/20
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BLOOMBERG
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fiat chrysler says it will restart when conditions allow.hon petroleum took a $12.4 billion charge in the first quarter. that was >> the reduced value of the business in the wake of the coronavirus pandemic -- that reflects the reduced value of the business in the wake of the coronavirus pandemic. marathon says it is also cutting spending by 30%. drugmakers have been working with regulators to speed up to fill times. normally -- speed up development of times. pfizer is looking at both safety and the immuno response from therapies. that is your latest bloomberg business flash. guy: quick look at where european markets are right now. we are heading into the close, at session highs. we got higher first thing, then dipped before climbing back in the afternoon to where we are right now as we are going toward six lows. ftse is up quite nicely, but the dax outperforming the cac 40. the oil and gas sector very much front and center today because the price of crude is rising, but also we had numbers coming from one of the best performance stocks here
fiat chrysler says it will restart when conditions allow.hon petroleum took a $12.4 billion charge in the first quarter. that was >> the reduced value of the business in the wake of the coronavirus pandemic -- that reflects the reduced value of the business in the wake of the coronavirus pandemic. marathon says it is also cutting spending by 30%. drugmakers have been working with regulators to speed up to fill times. normally -- speed up development of times. pfizer is looking at both...
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May 13, 2020
05/20
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CNBC
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. >> we have breaking news here on fiat chrysler.hil lebeau has that. >> fiat chrysler and psa peugeot. both companies announced they will be suspending their 2020 ordinary dividend payments for fiat chrysler shareholders that ordinary dividend, 70 cents a share comes out to more than $1.1 billion for the company and that was supposed to be paid out a week from today. because of covid-19 both companies are saying no, we won't be paying those dividends out. both companies are saying this is not going to impact the plans to merge the two automakers. remember, as part of that merger agreement they have agreed each has agreed to pay out a special dividend to shareholders of about $5.95 billion. so again, both are saying that that merger continues on pace. we have yet to see the fiat chrysler shareholders' vote on that merger proposal and that's likely to happen in the next month or so. both ti at chrysler and suspending their ordinary dividend payouts melissa, thank you >> the tock is up 6.6% is that why the deal is is on track and it wi
. >> we have breaking news here on fiat chrysler.hil lebeau has that. >> fiat chrysler and psa peugeot. both companies announced they will be suspending their 2020 ordinary dividend payments for fiat chrysler shareholders that ordinary dividend, 70 cents a share comes out to more than $1.1 billion for the company and that was supposed to be paid out a week from today. because of covid-19 both companies are saying no, we won't be paying those dividends out. both companies are saying...
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now the brand is owned by the fia chrysler. on the practice calls the jeep fans can get down to the business they came here for . is chairman of fish by alfred club and devoted sheep drive the. math does driving a jeep makes sense. yes and i did and now of course not it's been completed germany has good rises and anyone without a car can take the train or box. on you see in fact life will be cheaper and easier without a jeep but i can't imagine what could be more fun about. this 977 c.j. model has no trouble negotiating its way through bullshit. but no they did the very 1st jeeps. 4 wheel drive but very little else in the way of comfort and they quickly. thomas been a has long been fascinated with these vehicles. up and cheap most any age 15 or 16 i saw a jeep driving in a trail competition and i wanted it just like it ever says. thomas' jeep stood idle in norway for many years american soldiers had abandoned it there after the 2nd world war because it wouldn't start anymore. thomas doesn't know how it's made its way back to ge
now the brand is owned by the fia chrysler. on the practice calls the jeep fans can get down to the business they came here for . is chairman of fish by alfred club and devoted sheep drive the. math does driving a jeep makes sense. yes and i did and now of course not it's been completed germany has good rises and anyone without a car can take the train or box. on you see in fact life will be cheaper and easier without a jeep but i can't imagine what could be more fun about. this 977 c.j. model...
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May 15, 2020
05/20
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BLOOMBERG
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fiat chrysler burn through $5.5 billion in the first quarter. north american factories were shut down. southwest airlines is looking for volunteers to leave their jobs. it is trying to reduce expenses and avoid the first forced job cuts in its 49 year history. about 21% of southwest employees have already offered to take some sort of time off or accept a partial pay plan. the u.k. is preparing to allow professional soccer matches to resume next month. that will allow the english premier league to complete season that was suspended in march. the government signaled that soccer clubs must make free televised matches more widely available. we will be speaking about the bundesliga and a little bit, so stay tuned. next hour, we will also be with theexclusively ceo of --. you don't want to miss that. let's check where we are markets wise. we got that surprising confidence data this morning, but dire retail sales data and warnings to china from president trump. that hasn't stocks lower. the nasdaq down about, the s&p 500 down 0.8 sent. the european clo
fiat chrysler burn through $5.5 billion in the first quarter. north american factories were shut down. southwest airlines is looking for volunteers to leave their jobs. it is trying to reduce expenses and avoid the first forced job cuts in its 49 year history. about 21% of southwest employees have already offered to take some sort of time off or accept a partial pay plan. the u.k. is preparing to allow professional soccer matches to resume next month. that will allow the english premier league...
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May 18, 2020
05/20
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BLOOMBERG
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ford, and fiat chrysler all reopening planes in the u.s.or the first time in nearly eight weeks. -- reopening plants in the u.s. for the first time in nearly eight weeks. what does a phased reopening actually look like? how much capacity is coming back online here? reporter: less than half because politically speaking, this is all controlled out of the state of michigan. once the governor said they could open up, she said it had to be staggered, one shift only. there's some any plants that, if they don't get michigan going, the whole industry doesn't really go. there are 30,000 parts in a car. if you are missing one, the car doesn't get made. so they will produce one, and if things go pretty well for two to four weeks, maybe you could see them go into a second shift. the other part of that equation is how much demand is out there, and will they even need second plant shifts to get going. that is a big question that really hasn't been answered quite yet. vonnie: exactly. f-150'she pickups, the and so on, do so well in the last few months. bu
ford, and fiat chrysler all reopening planes in the u.s.or the first time in nearly eight weeks. -- reopening plants in the u.s. for the first time in nearly eight weeks. what does a phased reopening actually look like? how much capacity is coming back online here? reporter: less than half because politically speaking, this is all controlled out of the state of michigan. once the governor said they could open up, she said it had to be staggered, one shift only. there's some any plants that, if...
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May 19, 2020
05/20
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CNBC
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make summer holidays a reality >> we've got european auto sales plunging 76% in april with fiat, chrysler and psa leading declines as the lockdowns cause supply and demand in the car sector >> a very warm well come everybody to "street signs." let's kick off some fresh commentary tensions really heating up between beijing and washington w.h.o. is at the center of the latest dispute yesterday, president trump threatened to permanently halt funding to the w.h.o. if it did not make improvements in the next 30 days now china has weighed in on the comments saying the comments of the u.s. leadership's letter tries to mislead the public to smear china. he says paying assessed contributions in full and on time is every members obligation the u.s. letter according to china's foreign ministry tries to shift the blame of its own response after president trump yesterday leveed a series of allegations toward china with regard to the pandemic certainly heating up the tensions between china and the united states. the u.s. president threatened to permanently pull funding and withdraw unless the agency co
make summer holidays a reality >> we've got european auto sales plunging 76% in april with fiat, chrysler and psa leading declines as the lockdowns cause supply and demand in the car sector >> a very warm well come everybody to "street signs." let's kick off some fresh commentary tensions really heating up between beijing and washington w.h.o. is at the center of the latest dispute yesterday, president trump threatened to permanently halt funding to the w.h.o. if it did...
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May 5, 2020
05/20
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KSTS
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cuarentena hemos visto muchas rutinas, no una tan pesada como esta, johnson con un stevens creek chryslerjeeep no intenten esto, johnson es un tractocamion. >> arrancó el teclado de la computadora, lo azotó en el piso y vociferaba la frustración, esto ante la risa de sus compañeros de equipo >> si es así de competitivo los pelicans tienen futuro se jugaba el clásico entre padre e hijo, el niño le dice chao chao bombazo por todo el parque, primer jonrón en la carrera de asher, y la reacción del padre lo dice todo, corre a las bases y vuelve donde su papá para celebrar es todo en la información deportiva muchas gracias, carlos, qué tal si celebramos ahora a los graduados de la clase 2020. jóvenes graduados felicitaciones ♪. ♪. ♪. ♪. ♪. ♪. ♪. ♪. ♪. ♪. ♪. ♪. ♪. ♪. ♪. >> felicidades a todos ellos. funcionarios de condado alameda lanzan un plan piloto donde dos granjas abastecerían a la comunidad con verduras y frutas a un precio aceptable, entregas comenzarán el próximo martes. es importante este tipo de ayuda >> así es, si uno puede donar es bueno solidarizarse con los demás, con esto y más y
cuarentena hemos visto muchas rutinas, no una tan pesada como esta, johnson con un stevens creek chryslerjeeep no intenten esto, johnson es un tractocamion. >> arrancó el teclado de la computadora, lo azotó en el piso y vociferaba la frustración, esto ante la risa de sus compañeros de equipo >> si es así de competitivo los pelicans tienen futuro se jugaba el clásico entre padre e hijo, el niño le dice chao chao bombazo por todo el parque, primer jonrón en la carrera de...
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May 18, 2020
05/20
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CNBC
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. >>> the italian government says fiat chrysler is allowed to pursue 6.3 billion euro loan as the carmakeroks to shore up its finances and complete a mernler with france's. sa group in the wake of the coronavirus outbreak the plan would see fiat ask for a three-year credit line backed by rome. the loan would mark the biggest state-backed guarantee for a single company in italian history. >>> now, automakers around the world should prepare for a much weaker demand and sales outlook in 2020. that's according to moody's, who have cut their sales forecast for the sector joining us now to discuss it is faulk fray, senior vice president of moody's and steve will join the conversation thanks for being with us this morning. you slashed your global auto sales forecast for this year interestingly, you haven't adjusted down your forecast for china. why not? >> yeah, good morning. this is falk speaking. indeed, we have cut down our forecast for the global outlook in this year from 14% to now 20%. china is basically the only weak -- the bleak spot in this regional forecast because so far it looks like
. >>> the italian government says fiat chrysler is allowed to pursue 6.3 billion euro loan as the carmakeroks to shore up its finances and complete a mernler with france's. sa group in the wake of the coronavirus outbreak the plan would see fiat ask for a three-year credit line backed by rome. the loan would mark the biggest state-backed guarantee for a single company in italian history. >>> now, automakers around the world should prepare for a much weaker demand and sales...
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May 18, 2020
05/20
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CNNW
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fiat chrysler put up plastic dividers in dining areas to separate workers. bring in cnn business anchor julia chatterley to talk about this. julia, you say reopening is a big test for the automakers. >> it's a huge test. can you run an efficient business while keeping thousands of workers safe. there are other big tests here, including the supply chain, also consumer demand, does it recover. but the suppliers that feed these automakers have been without money for weeks too. that's a huge risk. they're struggling at the same time. in the end, this is an industry that supports 10 million american jobs. there's now bipartisan efforts to get loan support to these businesses. >> there's talk of bringing back the cash for clunkers program from the great recession in 2009 when the obama administration offered rebates for people to buy new cars. could that motivate consumers to buy new cars? >> some consumers, yes. but in 2009, it favored wealthy buyers. it meant more sales for automakers but it crushed the used car industry. in the end it comes down to desperation.
fiat chrysler put up plastic dividers in dining areas to separate workers. bring in cnn business anchor julia chatterley to talk about this. julia, you say reopening is a big test for the automakers. >> it's a huge test. can you run an efficient business while keeping thousands of workers safe. there are other big tests here, including the supply chain, also consumer demand, does it recover. but the suppliers that feed these automakers have been without money for weeks too. that's a huge...
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May 18, 2020
05/20
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CNNW
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it will look incredibly different for the workers of ford, general motors, and fiat chrysler.e going back to factories where social distancing will be part of the shift. there will be cleaning between shifts, deep cleaning, time for people to put on their ppe. it goes down to canteens. people will be spaced apart. you simply can't have as many people in the same places at the same time. these car makers are tyking the lead from factories in asia and europe that w.h.ho have started reopen. ford are going to try out watches that factory workers wear. if they come to close to another worker, it will alert them. not much capacity in terms of the cars and not all of the work force will be back at the same time. so, 80% of ford's work force starting this week and around third for general motors and third for fiat chrysler. so, back to for many but not all. >> who wants to buy a car under the current economic conditions? >>> japan is facing a harsh economic reality as well. for more on that, i'm joined by numbers don't really reveal the full effect of the pandemic. the government has
it will look incredibly different for the workers of ford, general motors, and fiat chrysler.e going back to factories where social distancing will be part of the shift. there will be cleaning between shifts, deep cleaning, time for people to put on their ppe. it goes down to canteens. people will be spaced apart. you simply can't have as many people in the same places at the same time. these car makers are tyking the lead from factories in asia and europe that w.h.ho have started reopen. ford...
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May 21, 2020
05/20
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KNTV
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'cause i brought the bob hope chrysler classic thing they gave to you.ight here >> this was the 49th -- this was the 49th year. >> jimmy: that - >> 2008. >> jimmy: i can't believe that i was going to show you this i can't believe you have that. >> look, and i was going to show you this! [ laughter ] >> jimmy: dude, i was so excited to play that thing, i did not know it was going to be 100-and-something degrees. >> yeah no, that was a great time, man that was a great -- can you believe that, it seems so long ago. i mean, even though it was 12 years ago, but it seems so much longer than that. >> jimmy: it does, right because, well, we had so much fun. we totally bonded and had a good time. i remember this. this is what, so it's like 12 years ago so, i remember this pre-kids so, i went around -- the whole reason i went to it, 'cause my wife's family used to -- the juvonen's, on her dad's side, used to go to this bob hope chrysler classic every year. it was -- they lived in palm springs and they would go out and they would have black tie events and dress up
'cause i brought the bob hope chrysler classic thing they gave to you.ight here >> this was the 49th -- this was the 49th year. >> jimmy: that - >> 2008. >> jimmy: i can't believe that i was going to show you this i can't believe you have that. >> look, and i was going to show you this! [ laughter ] >> jimmy: dude, i was so excited to play that thing, i did not know it was going to be 100-and-something degrees. >> yeah no, that was a great time, man...
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shares of all three, though, are stuck at the red light at this hour with fiat chrysler down about 2%owing by 1.33%, gm down less than 1%. >>> football fans may be itching to get back into the stands, but this spectator sport may not be allowing crowds at all into their stadiums any time soon. charlie gasparino joins us with exclusive details on the next nfl season. i said this morning to my son, i miss football season even though this isn't even the time for it. charlie: yeah, me too. me, too. baseball, as we reported a couple days ago, executives tell me it's likely to happen. what we can say now is football is definitely going to happen. i'm getting this from sources inside the league. some owners. here's what we know. thursday night, at least that's the target date, the nfl is likely to post the 2020 schedule. so you will get to see what teams are playing, where they're playing, and you will get a feel of what the season is going to look like amid the pandemic. so watch thursday night is the night that is when they are likely to release the schedule. we will see if that holds. but
shares of all three, though, are stuck at the red light at this hour with fiat chrysler down about 2%owing by 1.33%, gm down less than 1%. >>> football fans may be itching to get back into the stands, but this spectator sport may not be allowing crowds at all into their stadiums any time soon. charlie gasparino joins us with exclusive details on the next nfl season. i said this morning to my son, i miss football season even though this isn't even the time for it. charlie: yeah, me too....
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coming up ceo of home depot and chrysler bob nardelli.fox news medical contributor michael -- nicole saphier on the constrain of coronavirus, would it get worse? next hour mayor giuliani discussing the reopening of new york city. pull -- paul hudson to talk about two medicines. in 8:00 a.m. hour this morning, senior adviser to president trump kevin hassett joining me. plus ceo steve mcmilan. gop leader on his plan and senator mcsally, she was with the president yesterday. firstlet -- first let's slip a commercial break. we are on it all morning. delta is thinning down cabin space. coming up this is decision tech. find a stock based on your interests or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. some because ourstop. communities need you. which is why we're working to keep you working. and ready to dig in. to help you keep your properties and towns maintained. your farm running. and construction moving. your work is essential. kubot
coming up ceo of home depot and chrysler bob nardelli.fox news medical contributor michael -- nicole saphier on the constrain of coronavirus, would it get worse? next hour mayor giuliani discussing the reopening of new york city. pull -- paul hudson to talk about two medicines. in 8:00 a.m. hour this morning, senior adviser to president trump kevin hassett joining me. plus ceo steve mcmilan. gop leader on his plan and senator mcsally, she was with the president yesterday. firstlet -- first...
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May 19, 2020
05/20
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KRON
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across the country thousands of employees at ford general more motors and fiat chrysler also getting back to work. the companies are bringing workers back in waves with anywhere from one 3rd to 80% of their respective workforce is returning today and more set to return in the coming weeks all 3 automakers say they're introducing new safety measures to protect workers from the coronavirus including physical distancing temperature checks. and work a station separation panels as well as masks and goggles. workers on the front lines of this pandemic like firefighters, nurses and doctors are exposing themselves to covid-19 every single day and some lawmakers say that they should be getting paid extra for it. house democrats included billion for the hazard pay in the heroes act the coronavirus read relief bill that the house passed on friday. the bill may not pass the republican led senate, but a few lawmakers believe that hazard pay is a bipartisan issue and there's room to negotiate. >>not voting against those things per se because we've got a billion for health care workers and hospital
across the country thousands of employees at ford general more motors and fiat chrysler also getting back to work. the companies are bringing workers back in waves with anywhere from one 3rd to 80% of their respective workforce is returning today and more set to return in the coming weeks all 3 automakers say they're introducing new safety measures to protect workers from the coronavirus including physical distancing temperature checks. and work a station separation panels as well as masks and...
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May 19, 2020
05/20
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economy bob nardelli is on the phone and he ran chrysler and was a ge executive and wears many hats. always good to speak with you. >> thanks, melissa it's great to be on, and just to pick up where both karen and guy were speaking about walmart and home depot, i think these are two solid, solid companies they've got great ceos with doug mcmillin and craig minear. i think the comments that were being made by karen that everybody, you know, has been sheltered and we started to do stockpiling and we're all probably a little guilty of that and both of these gentlemen did a fantastic job in responding to their associates and premium pay, making sure they had ppe protection and making sure the stores were as disinfected and clean, dealt with with a limited number of people per square foot in both cases we saw less visits and higher ticket price which was really phenomenal and both of them had positive same-store sales. so i think these are, you know, guy, i think these are two companies to really keep an eye on and they're going to be solid when everybody starts crawling out of their shelt
economy bob nardelli is on the phone and he ran chrysler and was a ge executive and wears many hats. always good to speak with you. >> thanks, melissa it's great to be on, and just to pick up where both karen and guy were speaking about walmart and home depot, i think these are two solid, solid companies they've got great ceos with doug mcmillin and craig minear. i think the comments that were being made by karen that everybody, you know, has been sheltered and we started to do...
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May 18, 2020
05/20
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and detroit's automakers also plan to resume operations today including ford, gm and fiat chrysler. collectively workers at about 40 plants will return to their jobs. >>> governor newsom is making a stop in the bay area today. he plans to give his daily address up in napa, talk about what's going on up there. in his visit is just coming days after dozens of people rally to reopen the city and county. organizers say more businesses are ready to reopen safely but they can't because of health orders. >>> well, the number of positive cases of covid-19 continue to rise here in the bay area. since our last update there are 68 new cases in four different counties. that means overall the bay area has nearly 11,000 confirmed cases and close to 400 people have died. a bay area bakery chain is closing all tomorrow. get this, specialties is going out of business after 33 years. now it's based in pleasanton and has 55 stores in three states including about 2 dozen in the bay area. the company blames the recent economic downturn. we spoke with some of the regulars who can't believe it. >> i think
and detroit's automakers also plan to resume operations today including ford, gm and fiat chrysler. collectively workers at about 40 plants will return to their jobs. >>> governor newsom is making a stop in the bay area today. he plans to give his daily address up in napa, talk about what's going on up there. in his visit is just coming days after dozens of people rally to reopen the city and county. organizers say more businesses are ready to reopen safely but they can't because of...
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May 10, 2020
05/20
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CNNW
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feet chrysler down 50%. general motors down 39%.conomic need, you talk about all of these steps that are being taken in these plants. are you sure they're enough because they have access to rapid testing at the white house like that and coronavirus is in the west wing. are you confident you can open a general motors plant or ford plant or chrysler plant and not three weeks from now see a spike in cases? >> john, no one can give you that answer. i think it's going to be important for this to be a partnership, a team. i'm as nervous about anybody else, but you're going to have to make the decision at some point, when do you reopen? i sort of say that -- and i'm -- look, i talk to the president of the uaw every day and we both are working with everybody else, companies are worried about whether they're going to be able to survive. life is more important than anything. but ensuring employers are answering the questions right that they know, if they have symptoms, they could be sick, they will have paid sick leave and they abide by the p
feet chrysler down 50%. general motors down 39%.conomic need, you talk about all of these steps that are being taken in these plants. are you sure they're enough because they have access to rapid testing at the white house like that and coronavirus is in the west wing. are you confident you can open a general motors plant or ford plant or chrysler plant and not three weeks from now see a spike in cases? >> john, no one can give you that answer. i think it's going to be important for this...
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May 29, 2020
05/20
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KGO
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he would join chrysler as an engineer and helped build the first race car to reach 200 miles per hourather was an amazing man. he was very proud of his military career. he was proud of his nascar career. most of all, he was proud of his family and his friends. >> reporter: corliss henry was the first black nurse on staff in plainfield, new jersey. we learned she would become a beloved teacher. one of her former students. >> she was instructor in the 1960s. her wealth of knowledge, quiet presence and fairness were her strengths. she will be missed. >> reporter: sergeant sowinski. a member of the harris county sheriff's office since 1979. his fellow officers honoring him and his sacrifice. >> when i had a personal issue, i called him, and he helped. he helped me, and he was there for me and my family. when the blue angels flew that sky, he left with them, i knew it. i knew it. >> reporter: there was wojean. she gave birth while battling the virus and never able to meet her newborn. >> she had been pregnant and looking forward to welcoming a new child into the community. >> my community.
he would join chrysler as an engineer and helped build the first race car to reach 200 miles per hourather was an amazing man. he was very proud of his military career. he was proud of his nascar career. most of all, he was proud of his family and his friends. >> reporter: corliss henry was the first black nurse on staff in plainfield, new jersey. we learned she would become a beloved teacher. one of her former students. >> she was instructor in the 1960s. her wealth of knowledge,...
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May 18, 2020
05/20
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KGO
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. >> the automakers restarting production are ford, gm, and fiat chrysler.ew safety guidelines will include temperature checks for all workers. >>> a woman who attended a mother's day church service in northern california may have exposed 200 congregants to the coronavirus. the woman tested positive for the virus the day after the service, which was held in defiance of the state's stay-at-home order. >>> the "uss roosevelt," once in the center of controversy, is in the middle of a mystery. 13 sailors who tested positive for the virus, but later came up negative after being in quarantine, have tested positive again. navy officials say it doesn't appear as though the sailors infected each other on board the ship. 3,000 of the "roosevelt's" crew members are back on the ship as it prepares to leave guam. >>> president trump is accusing former president barack obama of being a grossly incompetent president. that response came after obama criticized american leaders during two graduation ceremonies over the weekend. the comments are being seen as another sign that
. >> the automakers restarting production are ford, gm, and fiat chrysler.ew safety guidelines will include temperature checks for all workers. >>> a woman who attended a mother's day church service in northern california may have exposed 200 congregants to the coronavirus. the woman tested positive for the virus the day after the service, which was held in defiance of the state's stay-at-home order. >>> the "uss roosevelt," once in the center of controversy,...
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maker of mercedes cars into a global automobile company so he merged i'm not benz with us car maker chrysler celebrating it as a match made in heaven. but the 2 company's culture and philosophy were completely incompatible the project failed ultimately at a cost of around $40000000000.00 euros the vision to be an expensive illusion. and consumers believe their diesels were environmentally friendly until it turned out that emissions test said been manipulated and the vehicles polluted bunch more than was claimed. i'm a loser driven by fraud. and how about the rest of us honestly we love illusions at least at 1st nothing pulls us in like a well made illusion. advertising consumption of financial markets a large part of the economy is based on illusions. and today we sit in our caves or at least in front of our screens voluntarily but before our illusions shatter we'd better leave the cave and seek out reality. well sometimes we want to escape reality and what industry helps us do that better than the movie business it's rise on the lucian's and today digital technology can create a perfect ill
maker of mercedes cars into a global automobile company so he merged i'm not benz with us car maker chrysler celebrating it as a match made in heaven. but the 2 company's culture and philosophy were completely incompatible the project failed ultimately at a cost of around $40000000000.00 euros the vision to be an expensive illusion. and consumers believe their diesels were environmentally friendly until it turned out that emissions test said been manipulated and the vehicles polluted bunch more...
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May 18, 2020
05/20
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ALJAZ
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chrysler. restarted you already had other automakers in the u.s. not union automakers and they had started up already so i guess it started out but 2 weeks late because of part problems and then you had mercedes start up and they had to stop their supply line because parts problems at mexico supplies about 40 percent of the parts in the united states and it's not clear exactly when they're going to restart their factories mexico is shut down as the president there is set the date for june 1st but there are a lot of questions to be answered for the bottom line problem with the u.s. auto industry which is after all the largest exporting industry in the u.s. is whether people are going to buy those cars and right now it's not looking promising. that john hendren now live from chicago. the mayor brazil's largest city says it's. healthcare system is on the brink of collapse after reaching 90 percent capacity because of the pandemic where bruno cover us is warning that all public hospitals in sao paulo will run out of space in 2 weeks apollo has become o
chrysler. restarted you already had other automakers in the u.s. not union automakers and they had started up already so i guess it started out but 2 weeks late because of part problems and then you had mercedes start up and they had to stop their supply line because parts problems at mexico supplies about 40 percent of the parts in the united states and it's not clear exactly when they're going to restart their factories mexico is shut down as the president there is set the date for june 1st...
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May 27, 2020
05/20
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KGO
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he would later join chrysler and nascar as an engineer, and led the team that built the first race car to reach 200 miles per hour. >> buddy baker at 200. >> reporter: his son telling us this. >> my father, larry rathgab, was an amazing man. he was very proud of his military career, he was proud of his nascar career, most of all he was proud of his family and his friends. >> reporter: corliss henry was the first black nurse on the staff at muhlenberg hospital in plainfield, new jersey. we learned she would become a beloved teacher. one of her former students. >> mrs. corliss henry was my nursing instructor in the 1960s. her wealth of knowledge, quiet presence, and fairness were her strengths. she will be missed. >> reporter: sergeant raymond scholwinski, a member of the harris county sheriff's office in texas since 1979. his fellow officers honoring him and his sacrifice. >> when i had a personal issue, i called him. and he helped. he helped me and he was there for me and my family. when the blue angels flew that sky. that he left with them. i knew it. i knew it. >> reporter: there was
he would later join chrysler and nascar as an engineer, and led the team that built the first race car to reach 200 miles per hour. >> buddy baker at 200. >> reporter: his son telling us this. >> my father, larry rathgab, was an amazing man. he was very proud of his military career, he was proud of his nascar career, most of all he was proud of his family and his friends. >> reporter: corliss henry was the first black nurse on the staff at muhlenberg hospital in...
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May 5, 2020
05/20
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ALJAZ
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earnings haven't been particularly good we saw ford post a $632000000.00 loss in the 1st quarter chrysler just today on tuesday posted a $1800000000.00 loss that included shutting down plants in china europe and north america so the virus is definitely hit these companies they've faced pretty much the same fate as the oil industry nobody's driving anywhere and therefore no one is looking at buying new cars despite a raft of new incentives online sales and touchless delivery of those cars this industry has been devastated and they're really just looking for this coronavirus to pass and of course it does have an impact in other directions because this is one of the industries that president trumpets the polls it wholeheartedly and relies on in terms of a huge vote spending unemployment he it could impact on his reelection hopes. absolutely and unemployment has surged 30000000 people have applied newly for unemployment since this coronavirus pandemic hit the us that is more than it any time since the great depression and it particularly affects areas like those states that put trump over the
earnings haven't been particularly good we saw ford post a $632000000.00 loss in the 1st quarter chrysler just today on tuesday posted a $1800000000.00 loss that included shutting down plants in china europe and north america so the virus is definitely hit these companies they've faced pretty much the same fate as the oil industry nobody's driving anywhere and therefore no one is looking at buying new cars despite a raft of new incentives online sales and touchless delivery of those cars this...
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May 12, 2020
05/20
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KGO
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reporter: tonight, opening in compliance of state orders, the big three auto makers, ford, gm, and chrysler. workers in michigan for a phased reopening. it's in compliance with state guidelines, they aren't starting production until monday. some are struggling with the risks of reopening. food plants, deemed essential and ordered back in the defense production act. but only after applying new safety precautions. tyson foods closed, then reopened last week. but then 51 people have tested positive. today was this man's first day back. >> today i was okay. and i wish they did that way, way before. >> reporter: local law enforcement telling me they've heard so many complaints from both side. so folks saying please open up the plant, allow it to be open. others saying they feel like their health is being jeopardized here. one man had that middle ground, saying i need this job to watch other teams reopening before we do. wuhan, china, racing to test 11 million people after seeing new cases. south korea racing to contain the possible outbreak connected to one man. there is also news involving a cl
reporter: tonight, opening in compliance of state orders, the big three auto makers, ford, gm, and chrysler. workers in michigan for a phased reopening. it's in compliance with state guidelines, they aren't starting production until monday. some are struggling with the risks of reopening. food plants, deemed essential and ordered back in the defense production act. but only after applying new safety precautions. tyson foods closed, then reopened last week. but then 51 people have tested...
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May 11, 2020
05/20
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KRON
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tesla is the only automaker with the factory in california, toyota general motors ford and fiat chrysler all plan to reopen their plans across the country this month in a series of tweets saturday. tesla ceo elon musk said the company is filing a lawsuit against alameda county immediately. after the shelter-in-place order in the county has been extended through may musk went on to tweet he will move its headquarters to texas and nevada fremont city council members spoke to kron 4 on saturday expressing concerns about job losses. the mayors of fremont in palo alto said in a statement and tweet they support tesla in a statement alameda county says the public health department has been working with tesla executives and look forward to coming to an agreement on an appropriate safety plan very soon. >>reporting in fremont gayle, ong kron 4 news. >>all right take a look at this troubling viral image a tweet from a ucsf doctor captured a packed united airlines flight heading to s f o you can see every single fluff seat filled in the picture a lot of the passengers aren't wearing. masks and a lo
tesla is the only automaker with the factory in california, toyota general motors ford and fiat chrysler all plan to reopen their plans across the country this month in a series of tweets saturday. tesla ceo elon musk said the company is filing a lawsuit against alameda county immediately. after the shelter-in-place order in the county has been extended through may musk went on to tweet he will move its headquarters to texas and nevada fremont city council members spoke to kron 4 on saturday...
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lot of the changes in the industry you've already seen a wave of consolidation and mergers like chrysler pujo because a lot of companies just can't handle the cost of the shift in the industry themselves but now with this immediate effect on the market from the 10 to mc we are seeing a lot more calls for things like state support. and france and also things like subsidies to to get the market back on its feet. and you reporting for us from frankfurt thank you very much. greece is notorious for its red tape bureaucracy but the coronavirus crisis has got things moving faster a new online government portal aims to streamline permit approvals and helps businesses hit by the pandemic recover sooner. this is how many greeks hand in paperwork at the tax office these days it's a similar picture and other government agencies like the public health insurance greece is notorious for its slow moving bureaucracy but the covert 1000 crisis may be speeding things up for example architect marley f.o.t.r. who can now submit her building plans for approval on line because it will be the way it used to wor
lot of the changes in the industry you've already seen a wave of consolidation and mergers like chrysler pujo because a lot of companies just can't handle the cost of the shift in the industry themselves but now with this immediate effect on the market from the 10 to mc we are seeing a lot more calls for things like state support. and france and also things like subsidies to to get the market back on its feet. and you reporting for us from frankfurt thank you very much. greece is notorious for...
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May 22, 2020
05/20
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CSPAN
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i want to commend ford along with general motors, general electric, fiat chrysler, many other companies, a lot of them in this area, for lazing a trail to safely restart america's economic vengeance. you are demonstrating that we can open our country while taking precautions like social distancing, daily medical screenings, strict hygiene, you can get tremendous numbers of very quick temperature checks, whoever they aim a camera and two seconds later tell you your temperature. unlike the old days when you put it under your tongue to and a half minutes per this is better. you get temperature checks. i want to thank you for leading america back to work. you look at states like florida and georgia where the numbers have actually gone down. they are open, but their numbers are going down substantially. policies help and our this country is poised for an epic comeback. this will be an incredible comeback, watch. it is already happening. we arethe next year going to be exceeding any expectation and i have a good gut feeling about a lot of things including running for president. i said, i thin
i want to commend ford along with general motors, general electric, fiat chrysler, many other companies, a lot of them in this area, for lazing a trail to safely restart america's economic vengeance. you are demonstrating that we can open our country while taking precautions like social distancing, daily medical screenings, strict hygiene, you can get tremendous numbers of very quick temperature checks, whoever they aim a camera and two seconds later tell you your temperature. unlike the old...
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May 14, 2020
05/20
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BLOOMBERG
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fiat chrysler and p.s.a.ap the dividends they agreed to pay as part of their merger deal. the two automakers vowed to distribute 1.1 billion euros this year. that is no longer going to happen but the boards said preparations for the merger are still advancing well. the deal is on track to close before the end of the first quarter 2021. and that is your bloomberg business flash. up next, operation save the mer. the european commission wants borders back open in the coming weeks. we'll be live in brussels with the latest, an important update if you want to get around. this is bloomberg. ♪ anna: welcome back to the uropean market open. goldman sachs has revised the economic forecast amid the coronavirus pandemic. we now see goldman sachs is now seeing a deeper slump with joblessness peaking at 25%. and a g.d.p. hit in the second quarter. also a faster recovery. the u.s. will need to provide more stimulus on the fiscal front. he spoke to bloomberg's alix steel. take a listen. >> a very deep decline where it is mi
fiat chrysler and p.s.a.ap the dividends they agreed to pay as part of their merger deal. the two automakers vowed to distribute 1.1 billion euros this year. that is no longer going to happen but the boards said preparations for the merger are still advancing well. the deal is on track to close before the end of the first quarter 2021. and that is your bloomberg business flash. up next, operation save the mer. the european commission wants borders back open in the coming weeks. we'll be live in...
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been hit hard but it's not stopping 2 european auto companies from moving forward with the merger chrysler and france's p.s.a. owner a few have not changed their terms for the merger deal that would create the world's 4th largest carmaker for more we are joined by lauren fix lauren good to see you. good to see you as well all lauren this deal was made months ago this was pre pandemic and many thought the deal structure would change given the market conditions right will turns out the deal hasn't changed and chairman john said that that the details are actually set in stone is this an overly confident statement of on the chairman's part. no this contract is already set in stone it was supposed to be put in place the 1st quarter of this year because of colvin they moved it to a year from now but it really is going to help bolster the italian auto industry which is really what it's all about so it's a $5050.00 merger and since this is already in place there's not going to be a chance to change it we're talking about a special dividend of about $6000000000.00 so that also go back into the econ
been hit hard but it's not stopping 2 european auto companies from moving forward with the merger chrysler and france's p.s.a. owner a few have not changed their terms for the merger deal that would create the world's 4th largest carmaker for more we are joined by lauren fix lauren good to see you. good to see you as well all lauren this deal was made months ago this was pre pandemic and many thought the deal structure would change given the market conditions right will turns out the deal...
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more factories come back online we're seeing you know the big 3 in detroit the big 3 automakers chrysler ford g.m. all singing workers back to work and to produce cars again so i think that will actually help it will start to see the economy recover in terms of wall street over the next few weeks and months manes. maybe a different story well not just that also saying that they were closer to a vaccine than promising more treatments for co 1000 has also been helping a little bit but over the last few weeks we have seen a lot of headlines that the housing and even mortgage industry now is in pretty big trouble suddenly there's been a surge of buyers coming back into the market what's going on here yeah that's a really interesting story isn't it that all of a sudden you have a surge in people going out to get essentially home loans to buy new homes with what's interesting about it is the geography where is that happening you know over the last several decades we have seen this push for people to become more urbanized and to move into downtowns and gentrified neighborhoods essentially that
more factories come back online we're seeing you know the big 3 in detroit the big 3 automakers chrysler ford g.m. all singing workers back to work and to produce cars again so i think that will actually help it will start to see the economy recover in terms of wall street over the next few weeks and months manes. maybe a different story well not just that also saying that they were closer to a vaccine than promising more treatments for co 1000 has also been helping a little bit but over the...
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May 22, 2020
05/20
by
CSPAN
tv
eye 55
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i want to commend ford and gm, ge, fiat chrysler and other companies. lot of them in this area for blazing a trail to restart americans economic engines. you're demonstrating that we can open our country while taking precautions like social distancing, daily medical screenings, strict hygiene. you can get tremendous numbers of very quick temperature checks. whoever heard they aim a camera right there and two seconds later, they tell you your temperature. more accurately than the old days where you put it under your tongue for 2.5 minutes. this is a little better. you get temperature checks. i want to thank you all for leading america back to work. you look at states like florida, georgia, and others where the numbers have gone down. they are open and their numbers are going substantially down. with your help and our policies, this country is poised for an epic comeback. this is going to be an incredible comeback. watch, it is already happening. within the next year, we're going to be exceeding any expectation and i have had a good gut feeling about a lo
i want to commend ford and gm, ge, fiat chrysler and other companies. lot of them in this area for blazing a trail to restart americans economic engines. you're demonstrating that we can open our country while taking precautions like social distancing, daily medical screenings, strict hygiene. you can get tremendous numbers of very quick temperature checks. whoever heard they aim a camera right there and two seconds later, they tell you your temperature. more accurately than the old days where...
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May 1, 2020
05/20
by
CSPAN2
tv
eye 64
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so harry investors guarded their chrysler and drove from independence missouri to the eastnd coast to visit their daughter margaret who lived in new york at the time and drove back again. it's kind of a sweet book, harry and bess are just staying in motels and eating in diners. that really speaks to a bygone era. when truman last office he was the last president to return to something that resembled a normal life. it's a lot of fun to do that story. that i did the president is a sick man which is a secret operation on grover cleveland to read to enchant remove a tumor from his mouth. how are these not bestsellers i just can't believe it? [laughter] pedestrian -ism the most popular spectator sport with a 6-mile walking race, okay? okay? abe and fido which was widely acknowledged as the greatest biology written of lincolns dog. [laughter] i mean lincoln plus dog come on people what do i have to do? [laughter] so we will see about all of "this marvelous potential" and how well it fits into things. bais is 2016 you're probably where donald trump is president and a lot p of people were sur
so harry investors guarded their chrysler and drove from independence missouri to the eastnd coast to visit their daughter margaret who lived in new york at the time and drove back again. it's kind of a sweet book, harry and bess are just staying in motels and eating in diners. that really speaks to a bygone era. when truman last office he was the last president to return to something that resembled a normal life. it's a lot of fun to do that story. that i did the president is a sick man which...
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May 18, 2020
05/20
by
ALJAZ
tv
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are back to a strange sterile new world employees at detroit's big 3 for general motors and ffion chrysler return on monday to manufacturing plants where the new normal is one part assembly line one part hospital there's 977 and above this will turn red that'll turn red incoming workers temperatures are checked so you're going to go through they were behind new barriers with new masks gloves plastic face shield in signs amount social distancing everywhere along with walking lanes in reminders to stay 6 feet apart. assembly lines are restarting for the 1st time since march when the global pandemic shut down detroit and auto plants across the u.s. except for a handful been made ventilators for the sickest virus patients we see a little bit last year. but we expect the literal grice all. that the that is what happened to. operating. for one potential worry a global supply chain that's been slowed by the coronavirus mexico is still locked down but last week the government unveiled a plan that could see some auto parts makers open to supply detroit now that automakers are building again the que
are back to a strange sterile new world employees at detroit's big 3 for general motors and ffion chrysler return on monday to manufacturing plants where the new normal is one part assembly line one part hospital there's 977 and above this will turn red that'll turn red incoming workers temperatures are checked so you're going to go through they were behind new barriers with new masks gloves plastic face shield in signs amount social distancing everywhere along with walking lanes in reminders...
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May 18, 2020
05/20
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ALJAZ
tv
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so we're scared employees at detroit's big 3 for general motors and feel that chrysler returned monday to manufacturing plants where the new normal is one part assembly line one part hospital there's 977 and above this will turn red that'll turn red in coming workers temperatures are checked so you get to go through they work behind new barriers with new masks gloves plastic face shields in signs amount social distancing everywhere along with walking lanes in reminders to stay 6 feet apart now that automakers are building again the question is in the worst market since the great depression does anyone want to buy the cars they're making. across the u.s. unsold cars by the thousands sit idle delaying the introduction of new models and in these belt tightening times competing with cheaper used cars dealers are offering once in a lifetime incentives like 7 years of no interest loans with little progress so far whether you are laid off from low to return. cars very purchase from off people sometimes the start is that any socially comfortable on say cannot buy our meeting while until buyers
so we're scared employees at detroit's big 3 for general motors and feel that chrysler returned monday to manufacturing plants where the new normal is one part assembly line one part hospital there's 977 and above this will turn red that'll turn red in coming workers temperatures are checked so you get to go through they work behind new barriers with new masks gloves plastic face shields in signs amount social distancing everywhere along with walking lanes in reminders to stay 6 feet apart now...
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need to see this move made by these big 3 as you mentioned which are really for general motors and chrysler the reason that this needs to happen is because we need to get more people back to work and also fix supply chain issues just because people are buying cars today doesn't mean they won't want to buy cars in 6 months or a year and you need production facilities on line and production taking place in order to fulfill the orders that will come in the future and then what if any safety protocols are going to be put in place to protect these workers and also can i just add this other question is i thought president trump said jam was flipping their factories to make metal leaders. right so g.m. was supposed to be flipping at least one factory to make ventilators but it's been very unclear as to exactly what that bill or that agreement was supposed to be because remember for a while g.m. said they would that they were charging in and saying that now then they said they weren't there they said they were again and meanwhile what we have found in terms of into later is we have not had the need
need to see this move made by these big 3 as you mentioned which are really for general motors and chrysler the reason that this needs to happen is because we need to get more people back to work and also fix supply chain issues just because people are buying cars today doesn't mean they won't want to buy cars in 6 months or a year and you need production facilities on line and production taking place in order to fulfill the orders that will come in the future and then what if any safety...