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may still sue gm in the future. do you think that some individuals at general motors should be criminally prosecuted? >> i was. because of my negligence. i think that if a 21-year-old girl is charged with negligent homicide and has to go through the motions, that there should be held criminally responsible. i do. i do believe that. >> unbelievable story. poppy harlow joins us now. ten years of her life taken. her love of her life taken. this mother lost a child. let's talk about this intoxication that she was charged with. she had no alcohol in her system. >> none. >> she had taken one xanax the night before and this happened around noon the next day. >> it is. so technically 1.2 milligrams per liter of xanax. that means nothing to us. to the law, there's no legal limit for xanax. a police officer can determine if you're impaired or not. what es your tolerance, how much do you weigh, how much did you eat? but as you heard in the piece they said if they'd known that the car was possibly defective, they would never ha
may still sue gm in the future. do you think that some individuals at general motors should be criminally prosecuted? >> i was. because of my negligence. i think that if a 21-year-old girl is charged with negligent homicide and has to go through the motions, that there should be held criminally responsible. i do. i do believe that. >> unbelievable story. poppy harlow joins us now. ten years of her life taken. her love of her life taken. this mother lost a child. let's talk about...
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Sep 15, 2014
09/14
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BLOOMBERG
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we spoke with him earlier today and began with its gm got it wrong. >> no, gm applied a different and are. gm was looking at engineers and asking engineers, can you definitively say it ignition switch defect caused the accident? our standard is much more liberal, much easier to apply, a legal standard. was the defective ignition cause, ae proximate substantial likelihood as the cause of the accident. that is one reason there is a discrepancy and also remember under the program i am administering, passengers are eligible, passengers of other vehicles. some estimates suggest they need as much as 1.5 billion. where do you see the numbers falling? >> we will see. we are just now beginning to make the dollar house galatians. once we make the dollar calculations, we have to then see whether the claimant, the victim or his or her family will accept a money so it is a little to be putting dollar signs next to eligible claimants. we will know more about that in the next four to six weeks. >> this fund is limited to the original february recall of two point 6 million vehicles. as people have be
we spoke with him earlier today and began with its gm got it wrong. >> no, gm applied a different and are. gm was looking at engineers and asking engineers, can you definitively say it ignition switch defect caused the accident? our standard is much more liberal, much easier to apply, a legal standard. was the defective ignition cause, ae proximate substantial likelihood as the cause of the accident. that is one reason there is a discrepancy and also remember under the program i am...
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Sep 16, 2014
09/14
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BLOOMBERG
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that is how many fatalities jm -- gm has consistently listed with this defect. we already know today that number is higher. feinberg says he has gotten 125 claims for fatalities. he has already validated 19 of those. so the number is going up. we know it is going to be higher still. we are only a month and a half into this for months program -- four-month program where they are accepting claims. we do not know how high it is going to go. >> taste on your experience dealing with gm, are they being forthright? do you feel you are getting the information to offer investors and the public details about the ongoing investigation? >> well, on this particular defect, i do think they have been unusually forthright, for auto safety cases. they have really fallen on their swords. they have come to washington for times -- four times. they have shared a lot of information with the transportation department. they have agreed to the extraordinary settlement, where they are going to be monitored in a really close way by the safety regulators. there is a question on some of the
that is how many fatalities jm -- gm has consistently listed with this defect. we already know today that number is higher. feinberg says he has gotten 125 claims for fatalities. he has already validated 19 of those. so the number is going up. we know it is going to be higher still. we are only a month and a half into this for months program -- four-month program where they are accepting claims. we do not know how high it is going to go. >> taste on your experience dealing with gm, are...
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Sep 15, 2014
09/14
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now gm in fairness to gm, they were looking at it from an engineering perspective.ngineers saying we look at the switch, it was the cause of the accident. we have a much more lenient standard. was the -- does the evidence demonstrate that it is substantially likely that the switch was the proximate cause of the accident? that's an easier tort law standard to me. >> could we see the number of death claims go substantially higher. 125 have been filed, we're not saying all will be deemed eligible. we could see that number go higher. >> clearly the number will go up. it's speculation how high it will go. clearly based on the number of claims that have been found eligible and the number that are in the cue that we're looking at, the number will continue to rise. people have, as you know, phil, until the end of the year to file a claim. so we'll be seeing an increase. >> how many of these do you expect to make payments within the next month or two? >> i would think that 19 that we've deemed eligible, i would say that they will likely be paid before thanksgiving. now one o
now gm in fairness to gm, they were looking at it from an engineering perspective.ngineers saying we look at the switch, it was the cause of the accident. we have a much more lenient standard. was the -- does the evidence demonstrate that it is substantially likely that the switch was the proximate cause of the accident? that's an easier tort law standard to me. >> could we see the number of death claims go substantially higher. 125 have been filed, we're not saying all will be deemed...
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Sep 15, 2014
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WHYY
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when the gm compensation fund stops taking applications at the end of this year gm could wind up paying more than a half billion dollars to those injured or killed in defective gm cars. phil lebeau, nightly business report, washington. >>> detroit's bankruptcy trials resume today after the city reached a settlement with a major creditor last week putting the case on hold since wednesday. so far the costs of the historic bankruptcy has reached $126 million and counting. already surpassing the amount paid by general motors and chrysler at their trials. advisers have totalled 28 million and detroit's leading law firm has already billed the city $47 million. but many states are in a financial squeeze. according to a report released today from standard & poor's income inequality is taking a toll on state governments. the widening gap between what wealthy americans earned and people getting lower wages is reducing state revenues. joining us the author of that report. he's credit analyst at s&p ratings. nice to have you with us. a very interesting report. tell us why this is happening now. wha
when the gm compensation fund stops taking applications at the end of this year gm could wind up paying more than a half billion dollars to those injured or killed in defective gm cars. phil lebeau, nightly business report, washington. >>> detroit's bankruptcy trials resume today after the city reached a settlement with a major creditor last week putting the case on hold since wednesday. so far the costs of the historic bankruptcy has reached $126 million and counting. already...
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Sep 15, 2014
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some group members of the gm -- grim numbers with the gm ignition switch recall.ins with
some group members of the gm -- grim numbers with the gm ignition switch recall.ins with
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Sep 15, 2014
09/14
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FOXNEWSW
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what has been the reaction you have gotten from gm? >> gm has been very cooperative.ning, as you know,ra neil, with mary barra, we'll play all claims as ken feinberg may determine them. so we're going forward. people have until the end of the year to file a claim. >> so when i hear these 125 other claims, how many of those do you think are rentallity and directly pegged to this? >> i have no idea. we'll see in the next few weeks, not only 125 but physical injuries and more below filed every day. so obviously more than 19. how many more, one-by-one, we'll review the claims and find out if there can be demonstrated a link between the?<#f ignition sh failure and the accident. >> ken, i want to be clear and i know you've done this in the past. if they died from reasons other than the ignition issue, that is not under your purview. >> that's correct. >> so if a lot of people died in cobalts for other reasons,8risçs not your area. >> that's right. i'm not interested in contributor8i to negligence. if the driver was drunk, speeding, texting, irrelevant to my findings. i'm lo
what has been the reaction you have gotten from gm? >> gm has been very cooperative.ning, as you know,ra neil, with mary barra, we'll play all claims as ken feinberg may determine them. so we're going forward. people have until the end of the year to file a claim. >> so when i hear these 125 other claims, how many of those do you think are rentallity and directly pegged to this? >> i have no idea. we'll see in the next few weeks, not only 125 but physical injuries and more...
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Sep 15, 2014
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>> gm had a very different test. i must say, gm asked its engineers, do you know for certain, is it definitive that the switch caused the accident? and the engineers said we know of 13. our standard, much more lenient, was the, does the circumstance evidence demonstrate it is likely, substantially likely, that the switch caused the accident, and, don't forget, we're also compensating drivers, passengers, pedestrians, occupants of second vehicles. gm was focused on the driver only. >> focused on the driver only and what do you do if there are suggestions that the driver was drinking or if there were other issues involved in the accident? >> irrelevant. totally irrelevant. we're focused on the switch. drunk driving, texting, speeding, irrelevant. we're not interested in examining any contributor negligence. gerri: now what proportion of the claims you reviewed so far, i know you're a long ways from being done, have you denied or said no, i'm, this isn't working, this is not a good claim? >> we haven't really made a def
>> gm had a very different test. i must say, gm asked its engineers, do you know for certain, is it definitive that the switch caused the accident? and the engineers said we know of 13. our standard, much more lenient, was the, does the circumstance evidence demonstrate it is likely, substantially likely, that the switch caused the accident, and, don't forget, we're also compensating drivers, passengers, pedestrians, occupants of second vehicles. gm was focused on the driver only....
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Sep 16, 2014
09/14
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request more victims of gm's starters. and facing americans tonight under review, ray rice's plan to get back on the playing field and the nfl's response to the outrage expressed by female fans. we begin with new developments in the fight against the islamic state of iraq and the levant. u.s. air strikes in iraq have taken a strategic turn. for the first time, strikes are directly supporting iraqi forces fighting i.s.i.l. previous strikes were directed towards u.s. personnel. syria and iran were missing from the table. iran is against i.s.i.l. but won't join the u.s. military coalition. a new plan to arm syrian fighters against i.s.i.l. the plan was requested by the president and would be by the state department to train and equip forces. tony, welcome. >> thanks for having me. >> let me start with the strikes. we've seen them close to baghdad now. where might they strike next? >> you're going to have to look at a comprehensive campaign. anywhere i.s.i.l. is, personally i would have started a strike in syria the moment the
request more victims of gm's starters. and facing americans tonight under review, ray rice's plan to get back on the playing field and the nfl's response to the outrage expressed by female fans. we begin with new developments in the fight against the islamic state of iraq and the levant. u.s. air strikes in iraq have taken a strategic turn. for the first time, strikes are directly supporting iraqi forces fighting i.s.i.l. previous strikes were directed towards u.s. personnel. syria and iran...
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Sep 15, 2014
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WUSA
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gm had not linked her death to a defective ignition switch until today. ken rimmier is natasha's stepfather. >> it's closure for us, but it's a step in the right direction. >> gm's faulty switch, which we first reported on in february, can cause engines to suddenly shut off. disabling air bags and other safety features. gm first detected a problem during testing in 1999. they were still put in cars starting in 2002. despite complaints, accidents and deaths, the recalls didn't begin until 2014, 12 years later. until just a few months ago, gm insisted the number of deaths linked to the defects was only 13. bob hilliard represents many of the victims. >> i think gm'sen tet on framing the conversation by mentioning 13 was disingenuous because there's just so many folks we never even discovered. >> reporter: ken feinberg has received 445 total claims so far. that includes 125 for deaths, 58 for life-altering injuries, including paralysis or amputation, and 262 for less serious injuries. >> the challenge here is many of these accidents occurred a decade ago. tr
gm had not linked her death to a defective ignition switch until today. ken rimmier is natasha's stepfather. >> it's closure for us, but it's a step in the right direction. >> gm's faulty switch, which we first reported on in february, can cause engines to suddenly shut off. disabling air bags and other safety features. gm first detected a problem during testing in 1999. they were still put in cars starting in 2002. despite complaints, accidents and deaths, the recalls didn't begin...
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Sep 15, 2014
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the lead lawyer for gm will speak minutes from now. to tip or not tip the house keeping staff. >> thanks for having me here. stocks at this hour are mixed with two hours left in the trading session. nasdaq struggling down about a percent there. dow is to the upside about 13 points. the yen doing a little worse than it was before. our market reporters are standing by. mary thompson is at the new york stock exchange. >> the nasdaq is really the story today as investors await feds decision and statement on wednesday. the alibaba ipo on friday. take a look at the nasdaq. this is the index we are watching down over 1% trading close to the lows of the session. we are seeing a lot of investors selling the momentum stocks and sell some of the other stocks that might have an overlap with alibaba as they look to raise money ahead of the ipo. some stocks under pressure along with momentum stocks seeing weakness in the internet retail space and chinese stocks under a lot of pressure today. as mentioned a little while ago it is a merger monday. the
the lead lawyer for gm will speak minutes from now. to tip or not tip the house keeping staff. >> thanks for having me here. stocks at this hour are mixed with two hours left in the trading session. nasdaq struggling down about a percent there. dow is to the upside about 13 points. the yen doing a little worse than it was before. our market reporters are standing by. mary thompson is at the new york stock exchange. >> the nasdaq is really the story today as investors await feds...
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gm says 13 deaths.ected he's going to unveil more that resulted in deaths. >> when you talk about what type of compensation these families get. it's interesting. ken fineberg dealt with world trade center, boston bombings and bp. he has a long history of measuring what a life is worth in this kind of tragedy and what gm has to pay. what looks like $1 billion per victim, per fatality, plus $300,000 per spouse and child. there will be some sort of formula he'll use that will be extra for earnings potential. 1 million baseline for 13 people we know were killed. >> the question is how many families will accept this package? >> absolutely f. you accept, you're waiving your right to sue gm. a bankruptcy judge has to decide what to do with families that decide they're not going to accept the deal. they're outraged and going to make sure gm has to pay in a court of law. it's bankruptcy. when old gm became new gm, the government turned this company around, it left liability in the old company. a bankruptcy judge
gm says 13 deaths.ected he's going to unveil more that resulted in deaths. >> when you talk about what type of compensation these families get. it's interesting. ken fineberg dealt with world trade center, boston bombings and bp. he has a long history of measuring what a life is worth in this kind of tragedy and what gm has to pay. what looks like $1 billion per victim, per fatality, plus $300,000 per spouse and child. there will be some sort of formula he'll use that will be extra for...
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Sep 16, 2014
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gm released a statement saying: any victim or family who accepts money waives their right to sue gm.uto maker has estimated it will cost between 400 and $600 million to settle those claims, however, gm has not put a limit on how much money it will eventually shell out. the deadline to file these claims is december 31st, so this is just the beginning. we're just one month in, so you can only imagine that the numbers are increase as the months go on. >> thank you very much. >>> president obama is expected to outline a plan tomorrow on fighting the ebola outbreak in west africa. the pentagon has already announced a 25-bed hospital will be sent to liberia. more than a,000 people have died from the outbreak there. >>> at the white house today president obama presented the highest military honor there is to two vietnam heros. slote died after throwing himself on a grenade to save fellow soldiers. and atkins talked with us. >> it has been nearly a quarter of a sentry since that battle that he is being honored for. >> this award is for the other 16 americans that were with him. >> atkins was
gm released a statement saying: any victim or family who accepts money waives their right to sue gm.uto maker has estimated it will cost between 400 and $600 million to settle those claims, however, gm has not put a limit on how much money it will eventually shell out. the deadline to file these claims is december 31st, so this is just the beginning. we're just one month in, so you can only imagine that the numbers are increase as the months go on. >> thank you very much. >>>...
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Sep 15, 2014
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there are six more deaths than gm previously admitted to.r public institutions are also critical. we talk to a coauthor that found the agency in charge of regulating those gm cars has failed miserably. the sterling 5-star saving ratings handed out to the very cars that gm would wind up recalling makes a mockery of your trust. it brings to mind the credit ratings handed out to the financial institutions at the heart of the economic collapse in 2008. on tuesday the agency tasked with your safety when you get in your car will take a seat in front of congress. my request for the senate subcommittee is simple don't grandstand, but take the time to get it right. the credibility of america's government and american safety is at stake. that's our show for today. i'm ali velshi. thank you for joining us. ♪ >>> hi everyone this is al jazeera america. i'm john siegenthaler in new york. home grown threat, a new focus on americans looking to join isil and the fight to stop them. plus -- >> we want you to stay. >> final plea, the british's impassioned spe
there are six more deaths than gm previously admitted to.r public institutions are also critical. we talk to a coauthor that found the agency in charge of regulating those gm cars has failed miserably. the sterling 5-star saving ratings handed out to the very cars that gm would wind up recalling makes a mockery of your trust. it brings to mind the credit ratings handed out to the financial institutions at the heart of the economic collapse in 2008. on tuesday the agency tasked with your safety...
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Sep 8, 2014
09/14
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CNNW
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the gm repeats a comment in a scouting report. people on the phone and in the meeting get concerned why is the gm repeating something. why would he say this in a meeting? this launched internal investigation within the hawks organization saying what about the racial at tourtitudes here? they interviewed people and uncovered 24,000 documents in the investigation. one of those 24,000 was the bruce levenson e-mail. there's a little fracturing between the hawks partnership. some partners went to bruce and said you know what, we want we have -- we have to bring this out to nba. bruce wanted to get out in front of it. admit it and back off. if you fight it rgs it gets worse. he took the advice. they released the e-mail saying this is better than a witch hunt. he said i don't want to drag my family through some scandal. he called adam silver saturday night and said it's better if i sell the team. all that stuff did happen. that's the back story. >> thanks for digging. we appreciate it. watch "unguarded" friday night 10:30 eastern on cnn.
the gm repeats a comment in a scouting report. people on the phone and in the meeting get concerned why is the gm repeating something. why would he say this in a meeting? this launched internal investigation within the hawks organization saying what about the racial at tourtitudes here? they interviewed people and uncovered 24,000 documents in the investigation. one of those 24,000 was the bruce levenson e-mail. there's a little fracturing between the hawks partnership. some partners went to...
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Sep 30, 2014
09/14
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gm around 14% european sales while ford is 21%.has gotten through the majority of their recalls already. so it kind of feels we're not talking about it anymore. everyone still loves it and that is usually the point to own the name. >> polls are closed. more than two-thirds voting for ford. >>> coming up casinos placing bets in an industry that has nothing do with gambling. will it succeed? and the battle for halftime's trard of ttrader of the year isn to the wire. only one quarter left. wait till you see who is quietly moving up the leader board. next. >>> welcome back. the final quarter in our battle for halftime's trader of the year starts tomorrow. as of now joe terranova in first. joe, he is. let's talk eog. one of the three stocks in your portfolio getting hammered. >> i started with eog and started with pxd in the energy space. staying with eog. i think in the fourth quarter it comes around. the street will recognize the assets, a ramp up in production. i think you will see for both of those names. pxd is a name i probably wo
gm around 14% european sales while ford is 21%.has gotten through the majority of their recalls already. so it kind of feels we're not talking about it anymore. everyone still loves it and that is usually the point to own the name. >> polls are closed. more than two-thirds voting for ford. >>> coming up casinos placing bets in an industry that has nothing do with gambling. will it succeed? and the battle for halftime's trard of ttrader of the year isn to the wire. only one...
SFGTV: San Francisco Government Television
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Sep 5, 2014
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the gm is further authorized to select the next lowest-cost, responsive and responsible bidder should either of the selected banks be unable to meet city contracting requirements or if negotiations are otherwise 5 years. the gm is further authorized to select the next lowest-cost, responsive and responsible bidder should either of the selected banks be unable to meet city contracting requirements or if negotiations are otherwise not successful.1234 >> thank you, commissioners? >> cfo is here to answer questions. >> thank you we have a few slides to share or i can answer questions. sorry it got to the bank -- back of your package. >>president vince courtney: we can see the slides or i will entertain a motion. >> i will move it. i thought the item was well drafted and put it to savings of that kind of read the instrument. >> i will move it. >> it's been moved and seconded. any further discussion. any public comment on this item? >> yes. thank you yolanda. >> yes, just real quick, this is a bank that is going to make money off the community and they have federal regulations off the inves
the gm is further authorized to select the next lowest-cost, responsive and responsible bidder should either of the selected banks be unable to meet city contracting requirements or if negotiations are otherwise 5 years. the gm is further authorized to select the next lowest-cost, responsive and responsible bidder should either of the selected banks be unable to meet city contracting requirements or if negotiations are otherwise not successful.1234 >> thank you, commissioners? >>...
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Sep 23, 2014
09/14
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KQED
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. >>> the death toll in gm's faulty ignition switch crisis keeps growing. today the automaker's compensation fund said that fatality claims rose to 21 and could go higher. the number of overall claims for deaths and injuries related to the defective park rose to 675, that's up from 445 just last week. >>> there's a new recall to tell you about involving some gm cars. gm is now recalling 223,000 late-model cadillac stx for a fire risk related to the parking brake. gm says no crashes or injuries have been reported as a result of the problem. >>> some staggering numbers to tell you about on just how much airlines are raking in from all those fees they're charging passengers. the department of transportation reports that airlines collected more than $700 million in reservation change fees. that's the most on record. along with 900 million in baggage fees. that's just for the second quarter of that year. net profits, $3.5 billion. >>> most of us think that our private phone calls are just that -- private. but in the nation's capital there have been reports of cl
. >>> the death toll in gm's faulty ignition switch crisis keeps growing. today the automaker's compensation fund said that fatality claims rose to 21 and could go higher. the number of overall claims for deaths and injuries related to the defective park rose to 675, that's up from 445 just last week. >>> there's a new recall to tell you about involving some gm cars. gm is now recalling 223,000 late-model cadillac stx for a fire risk related to the parking brake. gm says no...
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great story, still to come, would you trust a self-driving car from gm?will stocks keep running with the bulls? we cover your assets with advice on what you should be doing with your money. >> and here is your consumer gauge with the numbers that you need to know, we'll be right back. so i can reach ally bank 24/7, but there are no branches? 24/7 it's just i'm a little reluctant to try new things. what's wrong with trying new things? feel that in your muscles? yeah... i do... try a new way to bank, where no branches equals great rates. no. not exactly. to attain success, one must project success. that's why we use fedex one rate. right. their flat rate shipping. exactly. it makes us look top-notch but we know it's affordable. [ garage door opening ] [ sighs ] i need help with the groceries. [ sighs ] [ gara door closing ] where was i? oh, yes. [ male announcer ] ship a pak via fedex express saver® for as low as $7.50. [ male announcer ] ship a pak via fedex express saver® man when i got shingles it was like being blindsided by some linebacker. you don't s
great story, still to come, would you trust a self-driving car from gm?will stocks keep running with the bulls? we cover your assets with advice on what you should be doing with your money. >> and here is your consumer gauge with the numbers that you need to know, we'll be right back. so i can reach ally bank 24/7, but there are no branches? 24/7 it's just i'm a little reluctant to try new things. what's wrong with trying new things? feel that in your muscles? yeah... i do... try a new...
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Sep 16, 2014
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. >>> there is news tonight in the investigation into gm. those faulty ignition switches that caused air bags not to deploy during crashes. the company knew about the problem for years, but didn't notify drivers about them or issue any recalls until it was far too late. well, tonight the attorney ken fienberg who handled claims after 9/11, after the b.p. oil spill and other high profile incidents says he has received 125 death claims related to crashes from the faulty switches. he has determined that at least 19 wrongful death claims are eligible for payments from gm. that is higher than the 13 deaths gm has linked to this defect. >>> things are wee bit nervous across the atlantic tonight because scotland may be about to do something we here in the colonies did a while back, declare independence from great britain. there's a lot at stake and the polling remains neck and neck. which means the united kingdom which we all came to learn as england, wales, northern ireland and scotland, may not be so united after all. our report tonight from kell
. >>> there is news tonight in the investigation into gm. those faulty ignition switches that caused air bags not to deploy during crashes. the company knew about the problem for years, but didn't notify drivers about them or issue any recalls until it was far too late. well, tonight the attorney ken fienberg who handled claims after 9/11, after the b.p. oil spill and other high profile incidents says he has received 125 death claims related to crashes from the faulty switches. he has...
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Sep 15, 2014
09/14
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the lead lawyer for gm will speak minutes from now.or not tip the house keeping staff. >> thanks for having me here. stocks at this hour are mixed
the lead lawyer for gm will speak minutes from now.or not tip the house keeping staff. >> thanks for having me here. stocks at this hour are mixed
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Sep 15, 2014
09/14
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gm linked 13 deaths and that could owe go higher. drivers with pump the ignition out of run. a problem they knew about fora decade. gas prices are lower than a week ago, month ago and year ago and heading furnishing down. refineries switching over the weekend to winter blend gas. that's cheap to produce. company that owns taco bell and kfc is trying a new concept in dallas. vietnamese fast casual restaurant. if it's a hit it could go national. >> guardian of the galaxy from top spot of the box office and dolphin 2 and guardians of the call galaxy. >> beer track being several developing stories and and search for hit-and-run driver in philadelphia. >> and hunt for the gunman that shot a pregnant [ male announcer ] if you had a dollar for every dollar car insurance companies say they'll save you by switching, you'd have, like, a ton of dollars. but how are they saving you those dollars? a lot of companies might answer "um" or "no comment." then there's esurance. born online, raised by technology and majors in efficiency. so whatever they save, you save. hassle, time, paperwork,
gm linked 13 deaths and that could owe go higher. drivers with pump the ignition out of run. a problem they knew about fora decade. gas prices are lower than a week ago, month ago and year ago and heading furnishing down. refineries switching over the weekend to winter blend gas. that's cheap to produce. company that owns taco bell and kfc is trying a new concept in dallas. vietnamese fast casual restaurant. if it's a hit it could go national. >> guardian of the galaxy from top spot of...
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Sep 16, 2014
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. >>> coming up on the "morning news," debts rise in connection with the gm recall. >>> and baltimore beating caught on tape. a man claims he i the "cbs morning news." ing to yr rheumatologist about a biologic... this is humira. this is humira helping to relieve my pain and protect my joints from further damage. doctors have been prescribing humira for ten years. humira works by targeting and helping to block a specific source of inflammation that contributes to ra symptoms. it's proven to help relieve pain and stop further joint damage in many adults. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal infections and cancers, including lymphoma, have happened, as have blood, liver, and nervous system problems, serious allergic reactions, and new or worsening heart failure. before treatment, get tested for tb. tell your doctor if you've been to areas where certain fungal infections are common, and if you've had tb, hepatitis b, are prone to infections, or have flu-like symptoms or sores. don't start humira if you have an infection. talk
. >>> coming up on the "morning news," debts rise in connection with the gm recall. >>> and baltimore beating caught on tape. a man claims he i the "cbs morning news." ing to yr rheumatologist about a biologic... this is humira. this is humira helping to relieve my pain and protect my joints from further damage. doctors have been prescribing humira for ten years. humira works by targeting and helping to block a specific source of inflammation that...
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Sep 24, 2014
09/14
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i guess this is what the executives at gm think. and there is a brand issue here, i think. if you are a luxury product and you're in a stable of other gm products, pitched towards the mid and lower market, it's difficult to get your audience to differentiate. if you look at the germans, bmw and mercedes-benz. i don't think anybody has any doubt what those brands stand for. it's upscale. it's aspirational. you have the caddie on the lot and it sat there with a number o of other gm brands, sometimes it doesn't look its best under the sun. >> yeah. it's going to be amazing to see about this. and, geoff, about the soda industry, taking on calorie consumption. or giving perception as reality, they want to try to combat obesity issues. >> i'm a little cynical. and i guess other people are. if you electric at a can of soda, 12 ounce can, 150 calories. the initiative, the print industry saying we're going to take this an and encourage people to take on less calories. how are you going to do that? they've not talked about reducing the calories in that can. they talked about reducing
i guess this is what the executives at gm think. and there is a brand issue here, i think. if you are a luxury product and you're in a stable of other gm products, pitched towards the mid and lower market, it's difficult to get your audience to differentiate. if you look at the germans, bmw and mercedes-benz. i don't think anybody has any doubt what those brands stand for. it's upscale. it's aspirational. you have the caddie on the lot and it sat there with a number o of other gm brands,...
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Sep 15, 2014
09/14
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there's no cap on how much gm might have to pay out.irst sense that we're getting. we already know the deaths are higher because gm used engineers to say that these deaths were definitely caused because of the ignition switch. ken has a higher bar. it is proximate cause. if so you will be compensated. we're going to find out four to six weeks, many more numbers. >> i don't envy him. over 400 of these cases having to read and listen and hear the voices of those who are appealing. thank you for the update. great on staying on that story. >>> we have another story to bring you. it is unusual. police detained an actress in hollywood. they thought she was a prostitute after she was seen kissing her boyfriend in public. >> when the officer came up, he didn't even asked me for my id, he asked brian. he didn't even give me the respect of telling me what happened. >> that's daniele watts. she's going to tell more of her story coming up. the incident begs the question, do you have to show your id to the police if the policeman asks you. it's a gr
there's no cap on how much gm might have to pay out.irst sense that we're getting. we already know the deaths are higher because gm used engineers to say that these deaths were definitely caused because of the ignition switch. ken has a higher bar. it is proximate cause. if so you will be compensated. we're going to find out four to six weeks, many more numbers. >> i don't envy him. over 400 of these cases having to read and listen and hear the voices of those who are appealing. thank you...
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Sep 16, 2014
09/14
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the new number came from ken feinberg, who is in charge of gm's victims compensation fund. he's received a total of 125 death claims. some are still being evaluated, so the death toll is expected to grow. here's jeff glor. >> reporter: in 2006, 18-year- old natasha weigel was killed inside a chevy cobalt inside rural wisconsin. g.m. had not linked her death to a defective ignition switch until today, when ken feinberg released his first report. ken rimer is natasha's stepfather. >> it's not closure for us, but it's a step in the right direction. >> g.m.'s faulty switch, which we first reported on in >>bruary, can cause engines to suddenly shut off, disabling air bags and other safety features. gm first detected a problem during testing in 1999. they were still put in cars starting in 2002. despite complaints, accidents and deaths, the recalls didn't begin until 2014, 12 years later. until just a few months ago, gm insisted the number of deaths linked to the defects was only 13. bob hilliard represents many of the victims. >> i think g.m.'s intent on framing the conversation
the new number came from ken feinberg, who is in charge of gm's victims compensation fund. he's received a total of 125 death claims. some are still being evaluated, so the death toll is expected to grow. here's jeff glor. >> reporter: in 2006, 18-year- old natasha weigel was killed inside a chevy cobalt inside rural wisconsin. g.m. had not linked her death to a defective ignition switch until today, when ken feinberg released his first report. ken rimer is natasha's stepfather. >>...
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Sep 15, 2014
09/14
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>> also, some important information on the way in gm car recall. money watch's jill wagner joins us live from the new york stock exchange, good morning. >> reporter: hey, good morning, ukee, that the tasha. we could finds out today how many people were injured or killed in crashes related to that car recall. the attorney hired by gm to oversee that victim compensation fund will reportedly announce the number of victims so far. gm has linked 13 deaths to that faulty ignition switch, but the government says it is actually much more than that here on wall street, see if inch he is verse can turn things around, do you finished 51 points lower, nasdaq dropped 24. >>> some good news for all of those so-called cord cutters. hbo may offer stands alone plan for its streaming site, hbo go. >> that would mean they could pay for on line access, game every thrones, boards walk empire, without having to buy more expensive cable package, in order to get hbo. marriott wants tone courage guests to tip the made. hotel chain launching new program called the envelope,
>> also, some important information on the way in gm car recall. money watch's jill wagner joins us live from the new york stock exchange, good morning. >> reporter: hey, good morning, ukee, that the tasha. we could finds out today how many people were injured or killed in crashes related to that car recall. the attorney hired by gm to oversee that victim compensation fund will reportedly announce the number of victims so far. gm has linked 13 deaths to that faulty ignition switch,...
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Sep 16, 2014
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and gm, major movement on that front, new information when it comes to a payout in the deaths linked to the faulty ignition switches. >> yeah, that's right. we've now got a new figure on the number of families that have had settlements because a member of the family's been killed down to the gm ignition switch problem. the number is now up to 19. that was up from the previous level of 13 people. families of the people who died. but again, at least $1 million. but the entire fund gm has put aside for compensation, including all kinds of litigation, criminal cases as well, is up as much as $600 million as well. so, you can see there's a lot going on here, various different avenues and different court cases as well, but yes, 19 families now have received compensation for fatalities. back to you. >> okay, steve. thank you very much, sir. appreciate it. >>> i want to bring everybody in on our next story, because it might be surprising for some to hear about this. we get it from the website insure.com. and it's out now with a list of states that has the rudest drivers. after surveying 2,00
and gm, major movement on that front, new information when it comes to a payout in the deaths linked to the faulty ignition switches. >> yeah, that's right. we've now got a new figure on the number of families that have had settlements because a member of the family's been killed down to the gm ignition switch problem. the number is now up to 19. that was up from the previous level of 13 people. families of the people who died. but again, at least $1 million. but the entire fund gm has...
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Sep 14, 2014
09/14
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>> well it has happened more often with gm. again i think because they have decided if they have any issue fixing the problem quickly they stop selling the car. they did it to the cruz recently which was also kind of rare. so, you know, recalls have become less rare in the last couple of years. and i'm thinking stop sell orders might become less, less rare. gerri: maybe in the future. >> because -- gerri: maybe down the road. recalls in the past year were not rare. in fact they were off the charts. >> but, i mean is recalls have become more common and i think stop sale orders might become more common. because the flip side the companies get in big trouble when they don't do what they should. gerri: you say might be abundance of caution is that your point of view. >> exactly it is. the bigger thing to me scary, these takata airbag issues we're hearing some of these things. i think that is a much bigger issue could end up being on the order of, you know, could end up being a decade plus that we've had problems that nobody address
>> well it has happened more often with gm. again i think because they have decided if they have any issue fixing the problem quickly they stop selling the car. they did it to the cruz recently which was also kind of rare. so, you know, recalls have become less rare in the last couple of years. and i'm thinking stop sell orders might become less, less rare. gerri: maybe in the future. >> because -- gerri: maybe down the road. recalls in the past year were not rare. in fact they were...
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Sep 8, 2014
09/14
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gm shares down with ford. no help from morgan stanley. >> this is not necessarily going change the demand profile of the cars in the short-run. if you look at the numbers, a lot of people, dan and i were talking this, you look at a charts with all the good numbers we've seen in terms of auto sales, we're at 2006, maybe peak auto cycle levels here. and a lot of people are concerned. karen brought up, or melissa and karen brought up that they're worried about the auto loans. and that's a level of bubblelicious nature. this is another reason i want to sell tesla, because i think all the big boys are going to have their own competitive way into technology. and maybe that's a bit of a stretch. but the point here is that this is a very active space. but auto companies here have a lot of great news in terms of current sales pricing. >> what about reaction? >> i disagree. i like tess lap. i like it through options by the way, because i don't want somebody to absolutely get trapped. but when you look at the options and
gm shares down with ford. no help from morgan stanley. >> this is not necessarily going change the demand profile of the cars in the short-run. if you look at the numbers, a lot of people, dan and i were talking this, you look at a charts with all the good numbers we've seen in terms of auto sales, we're at 2006, maybe peak auto cycle levels here. and a lot of people are concerned. karen brought up, or melissa and karen brought up that they're worried about the auto loans. and that's a...
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Sep 24, 2014
09/14
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we are underrated on both gm and ford.there is probably some room for a bit more balance in the debate right now. view.share elon's haveink eb's categorically been sailing outside of tesla. there are a lot of reasons behind that. we do not want to depend on breakthroughs for batteries. secondly, we think the ramp and china should be handled very slowly and carefully. we think tesla is trying to build authenticity and that might take more time than investors are prepared for, and finally, i will quote my four-year-old son at dinner who said daddy, when the computer's drive all the cars, why are people going to buy a tesla? i am thinking go to your room, sun, timeout. but in all seriousness, there is so much going on with mobility law twoying moore's cars driving themselves, it is changing why people drive any car, and we think tesla and elon musk is very well-positioned, but it raises some questions. >> all due respect to your four-year-old combine trying to figure up that logic, adam, because even if they are driving -- if
we are underrated on both gm and ford.there is probably some room for a bit more balance in the debate right now. view.share elon's haveink eb's categorically been sailing outside of tesla. there are a lot of reasons behind that. we do not want to depend on breakthroughs for batteries. secondly, we think the ramp and china should be handled very slowly and carefully. we think tesla is trying to build authenticity and that might take more time than investors are prepared for, and finally, i will...
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Sep 16, 2014
09/14
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david friedman criticizes gm for not promptly reporting and recalling car and is working with the automaker to -- the internet, social media and biotech stocks led to the decline in the market. the nasdaq falling 48 points to close at 4518. nasa is expected to announce the winner of the contract for the next generation capsule or space taxi to ferry astronauts to the international space station. they will likely make the announcement this afternoon. the wall street journal reports boeing will probably beat out two smaller rivals. spacex is run by elon musk and sierra nevada. boeing is seen as the least risky option because it has a longstanding relationship with nasa. some early headlines. back to you. have a good day. >> disappointing news for the bay area. thank you, hampton. >> if you'd like a little bit of caffeine this morning and you'd like to get it for free, mcdnl mcdonald's is giving you a free small coffee the entire month. it's part of a sip and tell campaign where they share their most embarrassing moments on twitter. >> what's your embarrassing coffee moment? >> if these walls
david friedman criticizes gm for not promptly reporting and recalling car and is working with the automaker to -- the internet, social media and biotech stocks led to the decline in the market. the nasdaq falling 48 points to close at 4518. nasa is expected to announce the winner of the contract for the next generation capsule or space taxi to ferry astronauts to the international space station. they will likely make the announcement this afternoon. the wall street journal reports boeing will...
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Sep 15, 2014
09/14
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. >>> the latest in the gm ignition switch recall.h toll now up to 19. >> he says there are at least 100 more claims being review. that number could go up. those 19 wrongful death claims are eligible for payments from general motors. ken feinberg hired by gm to handle their compensation investigation, says so far, he's received 125 death claims due to faulty switches in older gm models. gm has admitted knowing about the ignition switch problem for more than ten years. but the company didn't begin recalling ignition switches in more than 2 million vehicles until earlier this year. >> now your nbc 10 first alert weather with meteorologist sheena parveen. >> well, a beautiful day today felt a lot like fall. we had a cool start to the morning and we're continuing with the below average temperatures through the afternoon.ç still really nice outside but come tomorrow morning we'll be tracking showers, moving through. for the morning commute, compared to today, it's going to be very different. we'll be dealing with rain around the area. but
. >>> the latest in the gm ignition switch recall.h toll now up to 19. >> he says there are at least 100 more claims being review. that number could go up. those 19 wrongful death claims are eligible for payments from general motors. ken feinberg hired by gm to handle their compensation investigation, says so far, he's received 125 death claims due to faulty switches in older gm models. gm has admitted knowing about the ignition switch problem for more than ten years. but the...
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Sep 25, 2014
09/14
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a $10 billion loss on gm bailout as gm started doing better and bonuses kept flowing. those against the bailout are upset. >> the aftershocks will go on for years. >>> a suspect behind bars this morning accused in the disappearance of nursing student hannah graham. the latest on that case next. fr. ...with indulgent streusel crumble, be from... fiber one. new fiber one streusel. oohh, you got it! i love the looks of it. [garage door closing] nobody touches my dodge dart, jake johnson. not even your best friend slash neighbor? no one. i can still get in craig. i'd like to see you try. all i'd have to do is roll in, dude. let's see it. i choose not to right now. come on indiana. craig, craig, craig. [in a british accent] is someone out there? don't do that accent on me! ♪don't touch my dart at od, whatever business you're in, that's the business we're in. with premium service like one of the best on-time delivery records and a low claims ratio, we do whatever it takes to make your business our business. od. helping the world keep promises. at t-mobile, get 4 lines for ju
a $10 billion loss on gm bailout as gm started doing better and bonuses kept flowing. those against the bailout are upset. >> the aftershocks will go on for years. >>> a suspect behind bars this morning accused in the disappearance of nursing student hannah graham. the latest on that case next. fr. ...with indulgent streusel crumble, be from... fiber one. new fiber one streusel. oohh, you got it! i love the looks of it. [garage door closing] nobody touches my dodge dart, jake...