it's such an exciting new direction for harley. why combined with a spac? >> we want to go electric, we have the brands can we have the product and we decided early on in the year it was the right thing to set up a separate division and take it public in a spac merger. it's time and we want to be first to market to define what electric means in the future. matt: we don't see that many electric motorcycles on the road . a lot of motorcycles in a lot of the front countries, it is very rare i encounter electric bike. how much do you expect that to change in the next 2, 3, 4 years? jochen: if you look at the market, we think the market is ready to grow fast in the next 10 years. the infrastructure is being built and the technology is there. we now have the technology to do it and with livewire, we have the leading product and the leading brand to take advantage of the road we see ahead of us. and as a separately publicly lifted company, it gives us the financial means to build the most desirable electric motorcycle brand in the world. matt: i have tried the liv

harley? dr. balzer: it is possible that we could convince the chinese that they were working and they really need to change what they are doing. they need partners in the international system and europe and -- in america are the mold -- the most likely ones. dr. shullman: it would not be surprising. i do not think there is any chance for china to do anything different than the -- than the direction that they are heading now especially with us, and we do not see much possibility to create ledges. in any -- if any there are long-term in trying to convince china that russia -- that their long-term security and future does not rely on alliance. need to devote resources to figure out how to deal with the fact that we will be looking at a very collaborative and deep relationship between china and russia for the foreseeable future. dr. wishnick: i would agree with that. i do not see a wedge approach as fruitful or likely to succeed. i think we would do better to try and manage the sino-russian partnersh

we know the core baby boomer rider for the classic harley brand. it certainly is a new generation of riders that is not to say that harley is not really targeting its product also to new target audience we've just launched this year our sports in america, became market leader in the u.s. overnight, so there's great opportunity to expand or cut various profiles from our core customers to new customer groups we're targeting. for live wire and electric it's a new set of consumers that have a different expectation in terms of the technology, in terms of the feel and look, and that's what we're really targeting with live wire. >> yeah. looks like the ev ramp is going to be drama over the next couple years. 33 million in revenue for live wire, up to $1.8 billion potential profitability in 2026. how does that take place >> it's not going to be linear a lot will depend on when we launch new product into the market with live wire we have a terrific product, but also planning to launch new products into the market based on our new aero technology. there's lo

harley: it is a tale of two retail worlds.mers are voting with their wallets to buy independent brands. when you look at the brands doing well, whether it is albert's, or skims, those are all shopify stores. -- which recently went public, told us they had record sales this season. we are seeing these brands doing very well. also. we are seeing more of the legacy of traditional brands like lego and doctors, also coming to shopify. it is quite clear the future of retail looks like independent brands and not legacy big-box retailers. emily: why do you think they are coming to shopify versus other options like amazon or walmart? harley: when you sell in a marketplace, you are effectively renting customers. more and more brands want to have a direct relationship with their end consumer. that is the first thing. the second thing is when you sell on shopify, you are doing two things. you are selling across every surface area. i was on the show a couple weeks back talking about our integration with tiktok and instagram. when you sell

also very noteworthy, harley-davidson is a company that's undergoing a multi-year turnaround strategyeen as an opportunity to inject capital into live wire, the electric motorcycle brand, stand it up perhaps more aggressively targeting a new demographic, a younger demographic, more urban demographic, expand it to more markets overseas including in asia, be able to partner with other companies, not just harley-davidson on the manufacturing front as well. but then ultimately see some of the technology and that innovation feedback into harley longer term too, because he did say that harley-davidson in the future, in the coming years will ultimately be an electionrifican story as well as it plays out. you have the aging baby boomers which is why you are seeing the turnaround strategy and this happen in the first place. >> motorcycles are fuel efficient, so it wasn't the number one need. would you be a buyer of hog? >> i would not it is trading into resistance today. i think it is a short here >> wow >> honestly, it is in the news because of ev, right because i mean the fact of the matter

. >> great interview see you in a bit >>> one spac hits the road shares of harley davidson.e'll explain next you are watching "closing bell" on cnbc. hey, angie! you forgot your phone! hey lou! angie forget her phone again? yep. lou! mom said she could save up to $400 on her wireless bill by switching to xfinity internet and mobile. with nationwide 5g at no extra cost. and lou! on the most reliable network, lou! smart kid, bill. oh oh so true. and now, the moon christmas special. gotta go! take the savings challenge at xfinitymobile.com/mysavings or visit an xfinity store to learn how our switch squad makes switching fast and easy this holiday season. >>> shares of harley davidson are up about 6% today but off the highs as the company makes moves with the electric motorcycle division. morgan >> hi, jon making moves is the way to put this one it's a deal to merge so a spac gives the ev business an enterprise value of $1.8 billion. ceo and chairman jochen zeitz will be ceo of live wire and he told me that livewire will benefit from production and division of harley and kimco i

. >> harley davidson shares motoring monday.will spin off their electric unit as part of a reverse merger with a spac. they hit the brakes, closing 5% monday. a significant gain. this is livewire, they will have a spac, valued below $2 billion, raising $545 billion to help elect of acacia and efforts and harley davidson gets to keep its stake. speaking of spac's, lucid up 4%. in lucid's case, the stock will be added to the nasdaq 100 as part of the index's annual reconstitution. it is made up of the 100 and more most valuable nonfinancial stocks. that often means valuable tech stocks. we have tesla, down 5% monday. down more than 20% since the november high. it is in a technical bear market. it has suffered from growth and momentum stocks. cathie wood's ark did sell shares of tesla. elon musk tweeting spacex has a new project to take co2 out of the atmosphere, turn it into rocket fuel. what a year that guy has had. on monday elon musk was named "time" magazine person of a 2021. any surprises? emily: he is keeping it up with the

some breaking news from harley davidson the details now.fan could you see those guys on a motorcycle going -- with no sound? can we pipe in the sound of a hog on these things? who wants this >> that's been the debate. the fact that you don't get the vroom vroom vroom sound. i think going back to seeing the first prototype. being toured around the country to see if consumers would be interested given the fact that it wouldn't have that vroom. this electric brand will merge with a spak to become the first publicly traded electric motorcycle company in the u.s. giving live wire value of about $1.8 million post value $2 bot 8 million. the ceo will serve as acting ceo for live wire up to two years. expected to raise $545 million including a pipe of $100 million of harley and taiwan base kim co this is a business 10 years in the making it will benefit from at scale manufacturing. currently has a presence in north america and europe plans to expand into asia and other markets. with a ramp to ev and motorcycle the motorcycle icon is in the midst of

we can start to see more corporate spinoff of harley-davidson this morning. on amazon. >> aws could make sense and create tremendous value amazon the stock has gone up and for this year and i think spinning out aws without a tremendous amount of value for shareholders. >> twitter with the departure of their strange ceo i think that could be on the plot integrate asset and could be in the hands of another big media company over another big tech company. stuart: who would buy twitter, which media company or big tech would buy it? >> in the landscape look at the bank stocks or your parent disney, comcast there's a lot of people that would want the asset they test hundreds of millions of people and changes can be made to their model that could enhance profitability and integrate asset that can be run much more effectively in the hands of another runner. stuart: we will check out 2022 and see how this plays out. we'll see you later. i gotta get back to the market, in our down 200 points for the dow industrials we've gone straight down since opening bell half a per

frances collins, the adventure of owning a harley is nothing compared with the challenge of running the sprawling national institutes of health. >> so we have 27 institutes and centers. they range everything from institutes that are focused on a disease. the national cancer institute. to some that are focused on organ systems. the national eye institute or infectious disease, heart, lung, and blood. i had a pretty good time getting the best people in the world to come and lead those institutes. >> reporter: but after 12 years on the job, one of the longest runs in history, dr. collins will step down today. >> i have loved this role. but 12-plus years is a long time to have a single leader of this largest support ever of biomedical research in the world. it's good to have new vision. >> reporter: it was collins's own vision as one of the foremost genetic researchers in the country that inspired then-president barack obama to ipoint him to league nih in 2009. collins helped push through major increases in the nih budget now expected to hit $50.4 billion a year. >> i have done everything i

anyway, there were a lot of things that harley bachardy, a county said in this exclusive interview to al jazeera, it's going to, i'm not going to thought showing this and maybe in the common bulletins. but anyway, right now everyone home here in vienna is waiting to see whether the 7th round of talks is going to seize for some time and resume, maybe in the next week and a half from indiana. thank you. well, still had head on out there. we've got these folks who's coming up with some of the ally of home, our special ab cup studio here in doha. we'll look ahead to friday's matches with house. got the looking to follow their opening and visit with another with with with a whole lou for welcome to all. is there a special cover to all the fee for the tournament? a doubling up as a may don't, will not event that for the cuts i woke up next year. hello. i'm trying to homo's plenty of sports news for you, including postcard look to make it to in from to have a face oman. later on friday, we take a look at how their preparations are going and the way from the outcome christiano . rinaldo puts

ferguson touched him by disk of his honest on the deck, turned off and head of an additional dish of harley. she bought shaft as gazette, shaft, hung via induction, teaser householding and flossing, unknown not a few tomba alerts was unpacked. good minds among vigour, hyphen, outgoing dem, vida of babu gone damage them to the lung and so to now on them comes king depend to me on the insertion the i'd fish fish me on the on them and infant lawson is that and take leave me a one cubic lagging and these and toggle the gazette up. tiger spike is mercy, him and aladdin is cut on the gig and tire is fish on the loved it to them. but if you but yvonne nima does, it's an easy has already done. he did. this is very dig into his to provide soft us the noise to i'm working on on the i'll strictly sh, mr. shorter and don. this is tuck, take the fields of oil, and it felt like his own type from the vineyard, him inland via osland in canton coins and figured out proximal dame sent an employee title via a by the bonus via is duncan in for dust, receive her lunch from allies the to lucia, leaving them take

israel eas, restrictions in july to allow fishermen to sail after 15 natural miles from the short harley decided to speed up construction. but he says he was shocked to see why he was not allowed to import an engine and generator to crate it, nor flashlights. a new fishing nets fiberglass used to fill spaces between flags. his foot was also denied. all the sled to the coast is building the vessel increasing threefold. this ship is 6 meters wide and 21 meters long and is designed to revive the both making industry because this trip that was destroyed. as fishing declined after israel imposed restrictions on the in clay, including at the, at bad the imports of equipment needed to repair and launch bustled on. the shores of god's lie, dozens of vessels that were wrecked or damaged by fire and shells from israeli gunboats over the past 15 years. this area is known as the graveyard. it's both. most fishermen are reluctant to go to see when i say, but i came in la la, la, la alia, alabama. there is a total control by israel on the god, the sea, and the fisherman. there's constant shooting towa

is harley sutton and you have a if there is a devlinson, cuz obviously after daniel paid with a newborn should be any good you think when i tried, daniel craig, the spitting image was quite difficult posted to the bottom. i found that was really good of the sort of casino and when he was just making his point, there was a, there was some where we got that. invariably, it's greg the quite tricky because a cut of the, the scene, maybe them all through in things i had bought mitchell and there. but with craig, craig is a slide shows sound like that. great. i think i vision it was telling me it should be women. course it was a think, a choppy shelley. i think i'd be great. i'd give myself w 7 point every time her screen would be great, but he didn't actually, i could do a structural company to make a p p. o. and when i come in, just keep writing out of that car seat with me boys. johnson's been on the highway, as we've all seen, a switch, a movie. i do so the way i went up to mac one. 0 wow. i, i think i would have given more than up a piece of my i've been a less ahead and i think i would

the price of gas, i have a harley. it took me $8.00 to put a gallon and a half of gas in the tank. it. we've gotten to a point where food is, is becoming scarce. products on the shelves are becoming scarce, and people's anxiety is out of the roof and nothing is being effectively fixed. and we're talking about democrats and republicans. we're not talking about solutions. we're just talking about what people want and that is quite frankly terrifying for me as somebody who's lived a career in service to the nation. always looking for what's effective. i see none of that from politics. i've seen none of that from any of the people that orbit washington d. c. and any of the commentary occurred that's critical, joe biden, or even the republican party. i never hear what's effect. well, it's all, it's all about jumping on your opponent or what are today your enemy. unfortunately, that's the nature of our politics. i'm going to jump in here. we're going to go to a short. and after that short break, we'll continue our discussion discussion on the democrats. stay with this up. if you think yo

motorcycle i go division 1.77 billion harley up almost 11% on the session rest of the market giving three closed higher on friday s&p 500 notching another record high, and its best week since february, the dow up 216 nasdaq up 113 s&p 500 all-time high 4712 up 44 1/2 points investors waiting to hear from federal reserve, the final meeting of 2021 begins tomorrow, central bank will hold a two-day meeting tuesday and wednesday, and is expected to speed up the end of bond-buying program, we are expecting two to three rate hikes in 2022, joining me right now cross bhashg chief investment officer bob dole, angela morabito brian brenberg great to see everybody bob thanks very much for joining the conversation let me get your take on federal reserve meeting beginning tomorrow what do you expect to hear. >> just what you said fed going to accelerate their tapering, giving the opening for raising rates should they need to part of the rally is markets say fed has it figured out i will not sure it that is simply, inflation is a problem. i think it i will recede some in 2022 maria but he -- not

senate wearing harley casual? ( laughter ) (as sinema) "don't test me, progressives!ave sassy patches and i will iron them on!" ( applause ) it's a good look -- sleeveless. ( applause ) and the weirdness has already started with joe manchin. here's footage of him negotiating with chuck schumer today: ♪♪ ♪♪ ( laughter ) >> stephen: point is, the democrats have to do something. and they are... ish. last week, because of manchin's opposition, democrats took paid family leave out of the "build back better" bill. but after what happened in virginia, now, the house has added a provision to provide four weeks of federally-paid family and medical leave. okay. that's something. it's not what anyone asked for, but it's better than nothing. coincidentally, that's also the slogan of rc cola. ( laughter ) ( applause ) the election wasn't all doom and gloom. on tuesday, detroit voted to decriminalize psychedelic mushrooms. ( cheers and applause ) finally! detroit has solved its only problem! starting now, in the motor city, possession and use of magic mushrooms by adults is the cit

it is the answer -- or, prancer, on harley-davidson, nice work fellas.ighters to retrieve a kitten with a humane society, and spending more than a week trapped at the bottom of the storm drain and took them a couple of days to close the little kicky, kitty out. the animal was to the animal hospital for treatment. adopted by none other than the firefighters who helped rescue it. how sweet. up next home security camera capturing this. check it out and you have to watch closely a fireball across the alberta sky. the american meteor right society hard a sonic boom at the same time they saw the fiery spectacle and finally, chevy chase making a surprise visit to south carolina chicken restaurant while in the area for special screening of holiday classic. one of the greatest movies ever made, national lampoon's christmas vacation and we watch it every year without a doubt and sometimes more than once. raising cane's restaurant, 78-year-old chase decided to work behind the counter and eventually the drive through let him do that too, cracking a few jokes with th

for failing to warn consumers its talc products increased the risk of developing ovarian cancer >>> harleytocks are up. >>> stock buybacks are at an all-time high in the third quarter. it is expected to be another record this quarter. this morning, bristol-myers announced a $15 billion stock buyback plan and a dividend increase you are up to date john, back to you. >>> big product news from adobe today, creative cloud express. the ceo saying it will leverage existing adobe flagship applications like photo shop, premier, and acrobat joining us for a "techcheck" exclusive from adobe headquarters in san jose, adobe's ceo. explain why express fits into the larger model the pricing and the degree to which you expect it will draw some people into the broader creative cloud. >> john, it is always great to be back on your show, especially at a momentous occasion like this for asoeby when we are offering this new creative cloud express. what we are really trying to do is enable everybody who is a creator to really participate in the creative economy and we think, as we have hundreds of millions of

>> my question is about harley-davidson ticker symbol -- >> i think they're reinventing themselves iagain, they have to get younger. they keep trying to get younger and they can't and some of the foreign companies have terrific, terrific brands. i'm going to give you the no sign on that one let's do andrew in missouri. andrew >> booyah, jim >> what's up >> the looking at knbe knowbefore >> this is a software security company. i always defer to my betters my betters are palo alto and that is the "lightning round" [ buzzer >> the "lightning round" is sponsored by td ameritrade >>> coming up, can america's key companies reinvent their way into a profitable future cramer shares a cautionary tale or two that you won't want to miss, next ♪ >>> tomorrow, kick off the trading day with "squawk on the street." live from post 9 at the nyse >> they don't make those [ laughter ] they're very heavy >> i'm using the google box. this is a really cool thing. >> it all starts at 9:00 a.m. eastern. ♪ the internet wasn't built to be a place of walls. but then the walls went up and choice became limited.

. >>> today marks 80 years since the japanese attack on harley harbor -- on pearl harbor forever changingking from the roof of the advertiser. we have witnessed this morning the distant view of a brief full battle of pearl harbor and the severe bombing of pearl harbor by enemy planes, undoubtedly, japanese. >> you might think about world war ii as america's standing up to fascism, but that really wasn't a foregone conclusion at the time. actually, the u.s. was pretty isolationist because of the huge toll that world war i had taken on the country and many weren't too concerned about what was happening in germany. in fact, we know that the nazis took pages from the u.s. when it came to, you know, having open racism codified into the country's laws. we even had our own nazi parades in america. here's 20,000 people gathered in front of a swastika in 1934 in madison square garden in new york. american nazis paraded through the upper east side of new york. while 94% of americans may have told gallup, we should not allow jewish exiles to come to the u.s. to live. prominent priest blamed jews for

tesla shares down 4.7% right now harley-davidson the gains after its electric motorcycle subsidiary livewirehat will take that specific unit public. the deal has an enterprise value of about $1.77 billion, the company shares will be listed on the new york stock exchange under the ticker symbol lvw for now, hog, is climbing 5.6%. and peloton stock coming back to life. thanks to some advertising cpr. the at-home fitness equipment company released a new ad featuring mr. big from the sex and the city reboot. analysts said the portray all of the peloton bike in the and just like that episode of sex and the city's reboot which led to big's death after he finished his peloton ride as if it were peloton's fault led to the shares falling 12% over just thursday and friday. the stock though, pumping higher by 5.7% after the peloton ad released sunday showed mr. big alive, cozying up to peloton instructor jeff king saying, shall we take another ride, life's too short not to, before zooming o utility to two peloton bikes in the background. boy did we talk about all of this in my morning market minton tik

this morning, michelle, motor trend had really great news for rivian and even lucid, soaring today, harleyounce on the ev trade. which one be the best? >> rivian reports this week. charles: reports what? >> earnings. exactly. the metaverse. [laughter] so, ford would probably be my go -to right now and possibly even tesla, even though they didn't make car of the year, didn't elon musk just make man of the year on time magazine, so certainly we haven't forgotten about him and it's really heading into major support at around 9:37 so that gets back to a 970 i'd go with what's always the leader in the ev space for years now. charles: let's talk about this fed meeting i wanted to get everyone's thoughts and certainly your two as well. do you start to buy before the fomc wraps up? i'm thinking it could be anti- climactic. i'll go back to you michelle and then ask you, luke. >> i tend to agree with you charles. i think that we all at this point expect they are going to say exactly what they have been saying, the possibility of faster taper, the possibility of rates rising quicker than the end of 2

now, it is bringing back gift, it's harley day -- it's holiday art fair that was canceled. >> we providelot of the work that they're doing. >> there's a lot of talk about supply chain, gifts, whatever. but there are a lot of local people making amazing art. we make money into the artist, they put it back into the community and it helps red for everybody. >> to meet people who come to the event, that is really rewarding at the end of the day, for me. i usually pass out after working a show. >> abc 7 news. >> the craft show will take place today. and tomorrow. is it the crucible in oakland. there also be live demos of glassmaking, and other classes for everyone. >> after a year of being shut down, because the pandemic, the holiday train is back, so we will let you know where to catch at this we can. hi honey! hi mommy! oh i missed you! you just want to video call the kids. ok. hush little baby...don't say a word... but if slow upload speeds turns your goodnight call into an accidental horror movie... can you hear me? shut it down. just remember. you're not a bad mom. you just need better i

but at this point i'm sing various signs that there's going to be a push back and harley is coming out of the pandemic in public as we see so much of it happening we realize that it is noticing how for better or for worse, the world and hunt word "wokeness" is a store and this and no weight under their annoyed and being used in a heisei normal people but yes, this is one of my books that i can tell this iss book is going to be one in which in ten years is going be seen as part of a certain moment and part of a fpushback against something and help us to serve a purpose you see changing i want to do everyg i could to make sure that as many people as possible understood that to resist this particular extreme is not racist, no matter what the u.s. as i call them say, and whethert person is black, it is not racist, other things are and so i hope this book week part of that. >> and you take the phrase, cherry bottom, he was talking about the racist of people you are talking about people whose politics have become a religion. you totally radicalized me because i spent 24 years as a conservati

francis collins, the adventure of owning a harley is nothing compared with the challenge of running theealth. >> so we have 27 institutes and centers. they range everything from institutes that are focused on a disease, the national cancer institute, to some that are focused on organ systems, the national eye institute, infection disease, heart, lung and blood. i had a pretty good time getting the best people in the world to come and lead those institutes. >> reporter: but after 12 years on the job, one of the longest runs in history, dr. collins will step down today. >> doctor: i have loved this role, but 12 plus years is a long time to have a single leader of this largest supporter of bio-medical research in the world. it is good to have new vision. >> reporter: it was his own vision as one of the foremost genetic researchers in the country. it inspired then president barack obama to appoint him to lead n.i.h. in 2009. collins helped push through major increases in the n.i.h. budget, now expected to hit $50.4 billion a year. >> doctor: i have done everything i can to stay out of any k

looks a little different because of the pandemic but families are still excited to see santa and his harleyy is still getting emotional check choking up as she read the victory speech as she prepared for presidency that never saw the light of day. >> as hard as it might be to imagine, your daughter will grow up and become the president of the united states. i am as sure of this as anything i have ever known. ainsley: here to react is fox news contributor and former trump campaign adviser lara trump. hey, lara. >> hey, good morning, ainsley, wow. ainsley: what did you think? >> i thought it was very cringe worthy. it was hard to watch. as a viewer, it made even me uncomfortable and very clearly we know who i voted for in 2016. it was not hillary clinton. i guess she hasn't gotten over the loss, ainsley. and i don't have to tell you this because we are both from the same area of the country. we grew up in the carolinas. all i could think is bless her heart. i mean, this is just really so clearly self-involved and a little bit deluded. when you have people telling you this is your time, it's y

or motorcycles and you have a harley. now you take your motorcycle to the crags to get through l.a. traffic quicker, taking your kayak on you become taking your fishing pole under boat. the experiential economy known to 7% of all americans want to collect experiences we just need to update our management system acknowledging today i might get a still mobile and tomorrow i might be an skis and we need to have plant managers and policymakers coming together to protect public lands for all activities. >> thanks. thanks, mr. chairman. >> senator heinrich. >> thank you, chairman. this to french, in your you said that recreation on national forest system lands sustains more private sector jobs than any other forest service program and provides the single largest economic stimulus for many local communities adjacent or within national forest lands. i want to ask you to dig in a little deeper in debt and give us a sense of scale. so there are number of economic activities on forest service land. >> we got the timber program, the grazing program. how do these things stack up against each oth

rock star lion >> a lion, yeah, yeah, misanthrope who shoots paint ball guns at kids and rides a harleybono plays clay calloway who shut out the world after losing a loved one. >> his heart is broken >> yeah. the irish in me is really attracted to the story about why the lion has lost his roar, the singer has lost his voice. he's lost his muse, his reason to sing. >> bono dug deep into the character's back story >> rise up the voice, grief, it turns out. even in a kid's film, i end up talking about something heavy. >> poetic and beautiful. >> i'd like to think i helped shape the writing of the character. ♪ but i still haven't found wha i'm looking for ♪ >> "sing 2" features u2 songs including a brand new track just for the movie "your song saved my life. my ♪ your song saved my life ♪ >> i think through lockout and that, giving people time to reflect on their lives and for me, as a writer, approaching, you know, my own life and thinking when i was a teenager, i really wasn't sure i had anything at all to offer it was kind of a liberation for me to discover that i had something, that i h