david welsh joins us now in our new york headquarters.hat do we know about this line of credit and how long it gives them? they have spent hundreds of millions of dollars in the strike we have had so far. david: the losses of $200 million, it comes from the first plant that was struck in missouri. they have another plant that is shut down. the midsize suvs, that wouldn't be countered there yet. they have plenty of liquidity at $39 billion, this is a rainy day fund. right now, gm is spending a lot of money to ramp up production of its electric vehicles. you have the electric silverado pickup, they are wrapping up hummer and cadillac production. all that cost a lot of money. they are investing in the business at a rampant rate. they have a strike that will bring cash. john: the ongoing dialogue with the uaw, we have seen them navigating the union even more so arguably then stellantis and ford. david: they let them off the hook in previous escalations of the strike. it is pretty far apart right now based on what the union is saying, what com

bloomberg detroit euro chief david welsh has the latest. what is it mean for the automakers? y is ratified by workers but the contracts are rich. workers should like them a lot. even the gratification votes are won by 50% and i think this one will go through at a greater percentage than that. though it cost are going up quite a bit. it is not catastrophic amount, but they have 25% raises over months. and then a cost-of-living help as well. temporary workers, the company uses it to keep the cost lower, they will get good rates. it is a more expensive deal. guy: david, what is this mean for nonunionized autoworkers in the united states? tesla, i'm looking at you here. david: so typically toyota, honda, the firm transplants have raised their wages, their benefits to keep the union out. they will keep it under what the detroit companies are paying so they still have an advantage. they do that to keep workers from organizing. tesla may have to do the same thing although tesla workers -- stock options. they are lucrative over the years. it is a little bit different elsewhere. i've s

tom: thank you, david welsh driving the ship in detroit, dearborn for blue work.ittle low. crude oil under $84 a barrel. one of our views, katie greifeld people, they said on the backend of the show they said we got to go to -- crypto. we will do that. we will talk about sam bankman-fried. it is important. with all of the hysteria out there going on he will talk about this with someone with massive credit and massive authority as well. right now, we've got to get a capture and picture we have catherine greifeld and all of the work in crypto and true reporting with the team and binance and the rest. here is the shot of ruto from the pandemic level up 69,000. that is where i loaded the boat, and then i guess we have recovered. i guess it is the trend with a friend. can you see bull market in bitcoin, is that logical? katie: the term is crypto winter. and we have definitely been living in a crypto winter. you see a lot of enthusiasm come into the price right now. we see that predicated on the hope that we are finally going to see a u.s. thought bitcoin etf launch. if

david waddell, bbc news. here in the uk, �*welshat dozens of treatment plants for years. the admission came after the bbc presented the water company with analysis of its own data. welsh water says it is working to tackle the problems and does not dispute the analysis. more now on china's �*belt and road initiative'. that's president xijinping's ambitious trillion dollar programme that has brought new infrastructure to more than 100 countries — most of them in the developing world. one of the most recent is a high—speed railway in indonesia. nick marsh has more. this is the fastest train in all of south—east asia. it is certainly faster than any train in the us or the uk. right now, i am injakarta and i'm heading to bandung. if we were driving, it would take about three hours, but with whoosh, it will take about 45 minutes. but actually, this really wasn't supposed to have been built by china. japan, with theirfamous shinkansen rail system, they were the heavy favourites to win the bid. they said that they would finance the project

david, who lives in edinburgh, believes the drug has made a big difference combined with other treatment. the scottish and welshh prostate cancer which hasn't spread. but that hasn't happened in some parts of the uk. the department of health said the latest evidence on the drug would be reviewed next year. david, who lives in edinburgh, believes abiraterone has made a big difference, combined with other treatment. he was diagnosed a year ago and, soon afterwards, started getting the drug through the nhs in scotland. it was an essential part - of the treatment that i had and probably was the most significant factor in - a successful outcome. cancer charities are pushing for a change in england and northern ireland. so for men newly—diagnosed with localised and high—risk disease, this drug can half the risk of them dying of prostate cancer, so this is a life—saving treatment. giles, who's paying £250 a month for the drug, says there's no excuse for further delay. we, in england, still haven't got it approved. thousands of men in england could have benefited from abiraterone, and they are twice as likely to die, a

powerhouse, vaughan gething — economy minister in the devolved welsh government, and lord marland — who was a minister in the government of davidthe prime minister's decision to cancel the birmingham to manchester leg of hsz. good evening, chris loder. new projects, every penny will go on new projects, every penny will go on new projects, but £8.3 billion of that is on fixing potholes.— projects, but £8.3 billion of that is on fixing potholes. good evening, it is aood is on fixing potholes. good evening, it is good to — is on fixing potholes. good evening, it is good to speak— is on fixing potholes. good evening, it is good to speak to _ is on fixing potholes. good evening, it is good to speak to you _ is on fixing potholes. good evening, it is good to speak to you this - it is good to speak to you this evening. what we have seen from the prime minister today is a very clear announcement to basically come to terms with the fact that the hs2 project was wildly over spending. it wasn't going to manchester for some 18 years from now. i know and i know many of the mps from around this area no that notjust the greater manchester are

anybody else, i'm sure you as welsh when you have your intimate family events, whether it's a birthday or anniversary, you want to spend it with your intimate family. david: of course. >> that was our plan as well. and we so hard, you know, should we go on with the celebration orbit to. but i think -- or not. but i think the correct decision is in that irk tay -- ity's younger brother should have a happy recollection of this event no matter what. so we decided to go forward, and i think all of us benefited. said david good for you. ruby, we thank you so much for joining us, and our prayers are with you. best of luck to you. thank you very much. >>> coming up, what went down behind closed doors when president biden and israeli prime minister benjamin netanyahu met earlier this week? we're going to be talking to a top netanyahu ad a visor who was actually there. >> and tempers flaring across the u.s. over the war in the middle east. why a this has one law professor telling firms to not hire some of my students. that professor is here. ame in. i watched my mother go through being a single mom. at the end of the day, my mom raised three children, including m

david chiu is expected to announce a lawsuit against some owners of single room occupancy buildings, single room, occupancy buildings, otherwise known as sorrows, house, low-income tenants, living in one room. welsh who is suing 3 chinatown, sro owners alleging that they created a public nuisance and endanger the safety of tenants and neighbors. he's going to be joined by the city's department of building inspection at 11:00am. to explain more. happening tonight. the city of danville is expected to hold a meeting to decide whether to allow the delivery of cannabis to residential areas. danville has prohibited the use of cannabis since the states legalization. however, a new state law called the the disenrolled cannabis patients right of access act with lyft danville's current ban on that delivery of cannabis. this is set to happen on january. 1st, the city will also discuss whether to protect those who use cannabis for medical purposes. the hollywood writers strike is now officially over members of the writers guild of america have voted to ratify the contract to end this 4 month strike. 99% of the union members voted to support the contract. most say they're satisfied with the games that they ac

david chiu is expected to announce a lawsuit against some owners of single room occupancy buildings. >> so single room, occupancy buildings otherwise known sorrows, house, low-income tenants that live in just one room. welsh who is suing 3 chinatown, sro owners. with allegations of creating a public nuisance, endangering the safety and tenants of tenants and neighbors. he's going to be joined by the city's department of building inspection at about 11 o'clock this morning. >> kaiser employees serve an official notice of a possible follow-up strike next month. comes just one day after any. what was the largest two-day strike involving health care workers in history? a possible second strike would begin on november first son in a week later, are demanding better pay and measures to alleviate chronic staffing shortages and high turnover of workers. negotiations are set to resume this friday and saturday. >> well, monday was the high school band challenge at the golden gate park bandshell on the last day of fleet week. take a listen. pretty cool. barry, a high school bands took to the stage to compete for prize money for their school programs. the united states marine corps first marine division band kicked o