in the united states there's 23 general electric mark one reactors identical to fukushima daiichi for mine yankee came on line almost. to fukushima daiichi you know what. they have the same design. new the same reactor same contractors worked on them and the same flaws and weaknesses. the containment structure designed to hold in all the radioactivity after an accident is too small by $986.00 the nuclear regulatory commission had determined there was an 85 percent probability that the containment would blow up and fail in the event of a meltdown. so much hydrogen gas would be released that the containment would be blown to smithereens and all of the radioactivity inside it would be released to the public. shima show decided to percent 3 of. the regulators have known that this design isn't capable of withstanding an accident since it was built . during the middle of the crisis and focus even to each one of the key regulators that the n.r.c. got in chuck casto said this is the worst containment in the world. well if it's the worst containment in the world why are we keeping $23.00 of th

talking with the president of general motors, mark royce he is one of the leaders that is spearheading the effort to convert general motors into not a completely electrices but -- larger presence in the world of electric vehicles >> but can that new hummer fit three car seats? >> we'll find out. >> is it on the analyst upgrade? >> the stock moving higher to y today? >> yeah. >> it's moving higher for a number of reasons. a number of analysts have been saying more positive things about general motors in turns of the ev portfolio i think the move is a combination of the investment announcement they now will have three plants and in anticipation of the hummer unveil tonight. >> yeah. all right. phil are tha phil, thank you very much, sir that does it for "the exchange" today. stick around for "power lunch" and pat brown will join us to talk about their latest product. teth qckren john ford for that afr isui bak >>> welcome to "power lunch. i'm kelly evans. here's what's on tap stocks are rallying but off the highs of the session the dow is up nearly a 1% gain this hour. plus, the tech crackdown is here the department of justice filing

general electric obviously ford and gr are not competitors. they do have something in common i think the recent trajectory tells us a lot about this mark both areat american companies that became long-term losers both started to show green shoots and making investors optimist optimistic both are be loved by the robin hood crowds. so tonight we are handicapping ford i do like both stocks here though only one can hit the sweet $10 first. it could be a close tie. why do we care about this race of 10 bucks? >> a lot of professionals won't touch this because it is stoo risky. once you cross $10, maybe these guys finally got their acts together with ge at 6 bucks in change and ford surges ahead. a 5% plus today, thanks to an unexpected upgrade in 2011, ford was $18.75 i remember because we went out to see them. since then it has been downhill. stocks have nod traded since 2018 ford was the big automakers to emerge during the financial crisis without taking any bail-out money the last decade has been a financial hardship th interest and taxes dropped to basically zero i can spend all night getting to what went wrong here ford spent years making the wr

general electric and anthem. we'll bring you the numbers. mark zuckerberg and jack dorsey are set to testify on liability over their sites' content. roger wicker is here, he will lead the hearing today. the cost is out, my new book with james freeman, we will take an exclusive peak into a chapter on taxes and regulation. we're looking at economic poll policy. "mornings with maria" is live right now. european markets this morning are also under some selling pressure. the f. 100 down 80 points, the cac in paris down 119. stocks hitting lows not seen since may is france reportedly mulling a national lockdown, it's becoming the epicenter in europe. in asia overnight, we see declines in hong kong and japan but did see gains in korea and shanghai. now some of the top stories we're watching this morning. six days to go until election day, president trump taking his campaign across the nation in the final week, making two grounds in arizona today. meanwhile, joe biden will give a speech on his plans to combat the coronavirus from his home in delaware. a

. >>> gm revealing the electric hummer during the world series phil lebeau is joining s. >> let's bring in mark royce, president of generals been working closely with the team at gm that developed and built the hummer ev sut, sport utility pickup truck. why a truck as opposed to an suv ev >> good morning, phil. i appreciate the opportunity the truck piece of this, we have done a lot of talking to customers around the truck segment and, you know, when we're debuting our new ltm battery and our platform called the battery electric truck that will be built here in detroit, this seems like, you know, a no excuses super truck opportunity for us so, you know, with four wheel steering, 0 to 60 in about 3 seconds and 1,000 horsepower, this is a no disputes way to bring back the hummer name plate under gmc for our customers. it makes a ton of sense and we're going to be first. that's important. >> the first price point, if you will, for the first edition, $112,000 some people will look at that, and even in the later years when you get into 2022, '23, '24, it's still going to be over $80,000 for those versions of the hummer did you