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Oct 17, 2024
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jeff flock -- tell me about it.porter extraordinaire on where the race stands, still a ways out, don't follow this nearly as much going for donald trump but when i look at general polls they look tight. how do you see it? >> right down the middle. to psych ourselves out, the reality is this election is on a razor edge, they swing you away but the focus of musk in the trump campaign in pennsylvania should tell you how important the state is. musk brings something to the table that other surrogates don't reach to younger voters the gop struggled with over the last few years and last few election cycles. interesting to see musk grow into the role of trump surrogate but also gop superdonor, millions of dollars in the state of texas. in the presidential race. neil: how do the trump folks, on behalf of the former president, how are they going to use that? >> the superpacs are going to be used for independent expenditure, flood the airwaves with positive media, he's a businessman, the republican party he sees as more frien
jeff flock -- tell me about it.porter extraordinaire on where the race stands, still a ways out, don't follow this nearly as much going for donald trump but when i look at general polls they look tight. how do you see it? >> right down the middle. to psych ourselves out, the reality is this election is on a razor edge, they swing you away but the focus of musk in the trump campaign in pennsylvania should tell you how important the state is. musk brings something to the table that other...
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to step in, workers outside of the dox could also find themselves out of a job, "fox business" jeff flock from a newark energy with the very latest, jeff. >> no movement we expect to hear from union leaders here within hour or so, perhaps. although talking point of the day has been around the president of this union harol daggett longtime presidential people upset makes too much money "new york post," published pictures of home response from union they say, the stories have been with soul intent destroying mr. daggett's character disparaging his clear to weaken his ability to negotiate a master account with ila members. >> a crane are operator 20 years longshoremen i am not sure, your father was a longshoremen >> do you support your president. >> one hundred percent, one hundred percent, he is it take to for us fighting for our rights fighting to stop automation we do not want automation wording lives here want children to work here a great job we work 4 hours a day seven days a week heartbeat of america you know we're the way you are lacking don't have this don't have other but we're her
to step in, workers outside of the dox could also find themselves out of a job, "fox business" jeff flock from a newark energy with the very latest, jeff. >> no movement we expect to hear from union leaders here within hour or so, perhaps. although talking point of the day has been around the president of this union harol daggett longtime presidential people upset makes too much money "new york post," published pictures of home response from union they say, the stories...
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Oct 31, 2024
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minutes until opening bell spooky spending is slowing with high priced tags scaring americans away jeff flockout the election. why this halloween particularly scary back in a moment [screaming]. . ♪ did the monster mash it was a graveyard smash, he did the smash, it caught on in a flash, he did the mash the monster mash -- in the, to ♪ . people who care and inspire each other to do things the way they should be done. this way uses technology (♪) and goes the extra mile (♪) to deliver your promises on-time, every time. this way is why we're the number one national ltl carrier for quality. for us, this way is the right way which is why it's the only way we go. ♪ [music] i could lock up every door ♪ ♪ check again just so i'm sure ♪ ♪ watch ziggy from the plane ♪ ♪ ♪ my garage i could open ♪ ♪ while i'm hiking in wyoming ♪ ♪ if my home just had a brain ♪ ♪ ♪ i could throw out all these copies ♪ ♪ of extra sets of house keys ♪ ♪ they were always such a pain ♪ ♪ ♪ i'd open and i'd close ♪ ♪ life would be under control ♪ ♪ if my home just had a brain ♪ it's our son, he is always up in our business.
minutes until opening bell spooky spending is slowing with high priced tags scaring americans away jeff flockout the election. why this halloween particularly scary back in a moment [screaming]. . ♪ did the monster mash it was a graveyard smash, he did the smash, it caught on in a flash, he did the mash the monster mash -- in the, to ♪ . people who care and inspire each other to do things the way they should be done. this way uses technology (♪) and goes the extra mile (♪) to deliver...
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jeff flock in the middle of it.ka is executive director of the port of los angeles and he joins me now. the west coast adopted a degree of automation in the past but the number of jobs went up as opposed to down. is that accurate? >> good morning, that is accurate because we have driven so much more cargo over the last decade. could have been more jobs without robotics and what are the guarantees of jobs going into the future if additional terminals adopt automation. they bargained this in on the west coast of the united states. it's the most polarizing conversation we had in our industry. stuart: you can't just not have progress. you can't remain stuck in the past, industry is important as the ports. the position of east coast and gulfport workers is untenable. >> interesting conversation made more illuminated today because of being on the second day of the picket line. you are right. technology has never been moving faster than it is today but in los angeles our statement is firm. we cannot leave the worker behind
jeff flock in the middle of it.ka is executive director of the port of los angeles and he joins me now. the west coast adopted a degree of automation in the past but the number of jobs went up as opposed to down. is that accurate? >> good morning, that is accurate because we have driven so much more cargo over the last decade. could have been more jobs without robotics and what are the guarantees of jobs going into the future if additional terminals adopt automation. they bargained this...
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good to see you we will keep following your work, jeff flock, joining me now the national associationf wholesaler distributor ceo and president, good to see you, your reaction to the extension of the contract until january. >> were certainly pleased the ports will be reopening this morning wholesale distributors has been working for months to ensure there is as minimum disruption of the supply chain as possible were pleased with that but at the same time completely unnecessary we have seen a 15 billion-dollar impact to the american economy and it's not like there is a light switch that will go one and everything back to normal as i traffic accident that is close traffic for hours and 70 container ships this will take weeks to resolve in a whole mess their ships on tuesday, wednesday rerouted to the west coast are probably approaching the panama canal and that will take things longer there is still certainly an impact but were pleased to see that we have resolved this for the next three months. maria: i was going to ask you, plans were put in place to switch the roots given the expecta
good to see you we will keep following your work, jeff flock, joining me now the national associationf wholesaler distributor ceo and president, good to see you, your reaction to the extension of the contract until january. >> were certainly pleased the ports will be reopening this morning wholesale distributors has been working for months to ensure there is as minimum disruption of the supply chain as possible were pleased with that but at the same time completely unnecessary we have...
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fox business' jeff flock live from newark, new jersey with the latest in terms of a ripple effect heres right now. he's going to join us shortly. jeff, do you hear us? joining me is u.s. meat export federation president and a ceo, dan housetrom. thank you for being here this morning. u.s. shoppers are starting to stock up on essentials as experts are warning the strike could cause shortages and price hikes. perishable products like beef, chicken and sea food are being disrupted. more than 50 container ships were stuck at sea yesterday compared to three on the sunday before the strike. how do assess the situation this morning? >> thank you, maria, for having us. yeah, u.s. meat export federation, we represent the beef and pork supply chains internationally and just to give you some perspective, in 2023 2e exported $18 billion of beef and pork products, the estimate for this year is close to 19 billion. it's the fastest growing segment of our demand cycle for beef and pork. so yes, the east coast and gulf coast ports are essential to our business. without a doubt. about 45% of the water
fox business' jeff flock live from newark, new jersey with the latest in terms of a ripple effect heres right now. he's going to join us shortly. jeff, do you hear us? joining me is u.s. meat export federation president and a ceo, dan housetrom. thank you for being here this morning. u.s. shoppers are starting to stock up on essentials as experts are warning the strike could cause shortages and price hikes. perishable products like beef, chicken and sea food are being disrupted. more than 50...
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account, until january the question around you automation, automating ports rains "fox business" jeff flock live from bayonne, new jersey with more details jeff? >> with bright sunshine this morning, maria, first time in the last three days we've seen bright sunshine, maybe an apt metaphor you say strike is over it is. but -- take a look that is the port of -- do you see activity no a lot of ports that is going to be the case all day today. this is -- as you point out -- we're on bayonne side in new jersey, if you look over here this is what they call the south reach of north bay ships would typically come in on a busy day you see lot of activity out there. right now? moon, you could go waterskiing out there not a whole lot to see. we got a camera,ing on the other side as well. right by the ports and ghost town there as well, no activity no truck activity. the ports of new york new jersey still closed, as some people have come in, and started to get things ready, but we will not see a lot of activity for awhile to look at the map we've got one shows you all the ship traffic out there, still
account, until january the question around you automation, automating ports rains "fox business" jeff flock live from bayonne, new jersey with more details jeff? >> with bright sunshine this morning, maria, first time in the last three days we've seen bright sunshine, maybe an apt metaphor you say strike is over it is. but -- take a look that is the port of -- do you see activity no a lot of ports that is going to be the case all day today. this is -- as you point out -- we're...
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Oct 16, 2024
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stuart: jeff flock, thanks very much, indeed. i see green for the dow, up 120.hank mollie hemingway who's been with me for the hour, and we hope you can come back soon. >> absolutely. thank you very much. stuart: still the ahead, liz peek to explain why she thinks harris hat baseball been able to the define her -- has not been able to define her vision. martha maccallum is here on hearst' recognition problem. -- harris' recognition problem. americans' trust in media reaching an his or thetic low. media watchdog brent bozell aches that on. the 10:00 hour is next. ♪ where's that higher love i keep thinking of? ♪ .. stuart: another beautiful day in new york city. a string of excellent weather
stuart: jeff flock, thanks very much, indeed. i see green for the dow, up 120.hank mollie hemingway who's been with me for the hour, and we hope you can come back soon. >> absolutely. thank you very much. stuart: still the ahead, liz peek to explain why she thinks harris hat baseball been able to the define her -- has not been able to define her vision. martha maccallum is here on hearst' recognition problem. -- harris' recognition problem. americans' trust in media reaching an his or...
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Oct 31, 2024
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. ♪ this is halloween, this is halloween ♪ stuart: when it comes to halloween stuart: jeff flock is inhood is known as monsterville. >> reporter: they changed the name to monsterville because so many people decorate their homes. look at that, departed brother dave, he chased a bear in a cave. i think there lies stuart varney, died of too much blarney, i don't know. [laughter] this is monster theville manor, but this is the first year this gentleman hasn't grown the the display. why is that that? >> we've just been trying to be mindful of cost. there's been a lot of increasing costs with any of the connect rations. we also -- decorations. we also get 3-4,000 trick or treaters here -- >> reporter: 3-4,000? >> yes, sir. stuart: oh, my god. and you give candy to all of hem? >> yes, we do. the cost's gone up significantly, so we started buying in july to spread it out. >> reporter: isn't that crazy. and if you talk with not just one guy, these are all a over the place. follow me across the street if you can. i want to put the number up in terms of people bringing spending down. per capita,s
. ♪ this is halloween, this is halloween ♪ stuart: when it comes to halloween stuart: jeff flock is inhood is known as monsterville. >> reporter: they changed the name to monsterville because so many people decorate their homes. look at that, departed brother dave, he chased a bear in a cave. i think there lies stuart varney, died of too much blarney, i don't know. [laughter] this is monster theville manor, but this is the first year this gentleman hasn't grown the the display. why is...
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Oct 14, 2024
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announcing plans to cut about 10% global workforce the strike hitting one month mark, "fox business" jeff flocke outside boeing plant in pennsylvania with more jeff? >> good morning to you, maria from vertical lift division of of boeing this is where they make continues chinooks os prey so important to u.s. military in company in need of vertical lift strike entering second month 33,000 workers members international association machinists said off the o job in end to strike starting to have real impact on deliveries, for example, 777 x aircraft largest twin general jet not delivering them and won't be next year either. it will be year after 2026 just announced that, having as you know in aircraft business if you don't deliver don't get paid cutting production 768 cargo jet those used by fedex shippers around the world, needing to focus they say attention all of this bottom line they think will lose 10 dollars a share, write downs multiple areas of the business new ceo i say new, started in august that is kelly saying to employees in message last week quote our business is in a difficult positio
announcing plans to cut about 10% global workforce the strike hitting one month mark, "fox business" jeff flocke outside boeing plant in pennsylvania with more jeff? >> good morning to you, maria from vertical lift division of of boeing this is where they make continues chinooks os prey so important to u.s. military in company in need of vertical lift strike entering second month 33,000 workers members international association machinists said off the o job in end to strike...
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jeff flock has more on all of that. >> reporter: i am pleased to show you the first ship to come intonew york and new jersey since the strike. you see right there, scott has a good shot of it, a number of ships stacked up. this is the first one to come in and soon it it will be at dock and we will see them unload. the director of the ports of new york and new jersey completed a briefing and here are the number she gave us as you watch the ship come in. 24 ships are at anchor off new york and new jersey. 19 more container ships, four car carriers and one specialty ship carrying 35,000 containers. you see the containers on the deck. 35,000 of them. there are additionally if you look past the ship to the shore in the port, 20 one thousand other containers are there that had come in before but didn't get out of la porte, they've been sitting the whole time. are some of those things spoiling? any vegetables spoiling? they are in and refrigerated containers, today they are going to bring in 11 separate vessels and they will begin immediately to offload, that won't begin until 7 p.m. she say
jeff flock has more on all of that. >> reporter: i am pleased to show you the first ship to come intonew york and new jersey since the strike. you see right there, scott has a good shot of it, a number of ships stacked up. this is the first one to come in and soon it it will be at dock and we will see them unload. the director of the ports of new york and new jersey completed a briefing and here are the number she gave us as you watch the ship come in. 24 ships are at anchor off new york...
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Oct 17, 2024
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liz: we love jeff flock, love saying that.monitoring elon musk, good to see you, thanks very much. [speaking spanish]] what are you planning to change to improve the economy of this country especially for people like myself? >> we will bring those costs down. liz: that was donald trump consoling a mother struggling under historic inflation under biden/harris, at the univision town hall. inflation up 20% under biden/harris quadruple what it was under trump. black men for trump advisory board member tw shannon. a pleasure having you on. democrats continue to go with the idea of the economy is great, inflation coming down. the government numbers don't lie. if income has not risen 20% you are now poor. >> you are right. the fact is americans know that a kamala harris and joe biden americans are less free, less safe, less prosperous because of the failed policies of kamala harris and joe biden. what we see with donald trump is a stark contrast. when he was the president of the united states, americans better off than they are now,
liz: we love jeff flock, love saying that.monitoring elon musk, good to see you, thanks very much. [speaking spanish]] what are you planning to change to improve the economy of this country especially for people like myself? >> we will bring those costs down. liz: that was donald trump consoling a mother struggling under historic inflation under biden/harris, at the univision town hall. inflation up 20% under biden/harris quadruple what it was under trump. black men for trump advisory...
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Oct 16, 2024
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back, new hurdles to powering ai formed billions into data centers to meet nntdz energy demand jeff flockee mile island in opinions this morning good morning to you. >>good morning to you yeah, the image behind me iconic one perhaps the poverty child for nuclear disaster. the meltdown partial nuclear meltdown in 1979 raised real questions whether nuclear power could ever be safe or cost-effective, well, almost a half century later, the answer is in. and big tech is going nuclear, specifically, here is three mile island microsoft accounting to reopen to buy power for centers alphabet buying small module nuclear reactor power amazon has bought nuclear center on the grounds of nuclear power plant taking all power for that for data centers, despite all of that sounding like a lot of activist when it comes to nuclear patrick morehead tells fox business u.s. is behind. >> china absolutely has edge built 72 nuclear reactors last decade in same span that the in georgia, one in europe, they are making investments right now absolutely have upper hand unless we act very soon. >> maria worth noting i
back, new hurdles to powering ai formed billions into data centers to meet nntdz energy demand jeff flockee mile island in opinions this morning good morning to you. >>good morning to you yeah, the image behind me iconic one perhaps the poverty child for nuclear disaster. the meltdown partial nuclear meltdown in 1979 raised real questions whether nuclear power could ever be safe or cost-effective, well, almost a half century later, the answer is in. and big tech is going nuclear,...
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Oct 16, 2024
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fox business jeff flock is there live. hey, jeff. >> dana, hi to you.ertain age this is the symbol of nuclear disaster on the left side of your screen perhaps you see the cooling towers for the nuclear reactor that melted down in 1979. on the other side, though, is undamaged reactor that was restarted and shut erred again. big tech is going nuclear. microsoft says it will buy all the energy if they restart the plant. we think plan to do. microsoft is not alone. alphabet says it is buying power from small nuclear reactors. smaller ones. modular one. oracle says it will build its own small modular nuclear reactors. they can build them faster and a lot less regulation. amazon bought a data center at a nuclear power plant powered solely by nuclear energy which i point out is non-carbon. it all sounds good but the experts say we are already behind here in the u.s. listen. >> china absolutely has the edge. they built 72 nuclear reactors in the last decade in the same span. and one in europe and georgia. they are making the investments. right now they absolute
fox business jeff flock is there live. hey, jeff. >> dana, hi to you.ertain age this is the symbol of nuclear disaster on the left side of your screen perhaps you see the cooling towers for the nuclear reactor that melted down in 1979. on the other side, though, is undamaged reactor that was restarted and shut erred again. big tech is going nuclear. microsoft says it will buy all the energy if they restart the plant. we think plan to do. microsoft is not alone. alphabet says it is buying...
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Oct 31, 2024
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. >> lawrence: fox business jeff flock is in new jersey. hey, jeff.in a place they call monsterville. it's actually merchantville, new jersey they turn it into monsterville. they change the name. look at this one front yard we have found. [screams] >> multiple ones of these filled with everything from scariness to smoke and mirrors. i will tell you, it's nuts. yeah, they say spending is down. take a look at these numbers from lending tree. they say 60% of people say their spending has been impacted. well, maybe it's impacted but it's not going away any time soon the fellow that runs this says it's just his front yard. he had kids. now has grandkids. he has to keep making it bigger and better every year. pretty wild. what are we spending money on? take a look at the billions that we spend, about almost $4 billion on decorations, costumes and candy. he says the this guy will give out 6,000 pieces of candy for halloween this year wow, scariness that's not election related. i can get into that jeff flock at the scariest house there in merchantville, new j
. >> lawrence: fox business jeff flock is in new jersey. hey, jeff.in a place they call monsterville. it's actually merchantville, new jersey they turn it into monsterville. they change the name. look at this one front yard we have found. [screams] >> multiple ones of these filled with everything from scariness to smoke and mirrors. i will tell you, it's nuts. yeah, they say spending is down. take a look at these numbers from lending tree. they say 60% of people say their spending...
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Oct 15, 2024
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jeff flock with us this morning. jeff, what is his reasoning? stuart, is that electric vehicles are inevitable, so you've got to pull the band-aid and just go ahead and get on with it. tavares in paris right now, we've got pictures of him there. he's been saying, you know, listen, if you go slow with a transition, it makes manufacturers make electric vehicles, gas-powered vehicles, hybrid vehicles, it costs too much. and he also says he thinks climate change is going to force this. here's a quote from if one interview he did at the show, paris show. i think that if you ask to delay, it means that all of this is not a significant problem, climate change. so the fires, the flooding, hurricanes, all of this is not a problem. we want to be on the best side and the right side of history. and so they're going forward, stellantis is, with a whole big electric lineup. gm and ford have pulled back a little bit. not these guys. the wagoneer s is about to come out, another new model called the recon. the fellow that owns this kip here says if that was a ga
jeff flock with us this morning. jeff, what is his reasoning? stuart, is that electric vehicles are inevitable, so you've got to pull the band-aid and just go ahead and get on with it. tavares in paris right now, we've got pictures of him there. he's been saying, you know, listen, if you go slow with a transition, it makes manufacturers make electric vehicles, gas-powered vehicles, hybrid vehicles, it costs too much. and he also says he thinks climate change is going to force this. here's a...
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Oct 15, 2024
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jeff flock this morning.goldman sachs' earnings, breaking news, they are just hitting the tapement as you can see or it's a beat. cheryl a can sony with the numbers. >> what a quarter for goldman sachs on all the deal making that's going on. earnings per share, 840. the street was looking for 689. stock is up 2, and it's still probably going to go even higher. $12 the.7 billion is the revenue stream, $3 quarterly dividend declared. 45% jump in investment banking. that is the strength of this report overall. profits jumping 45% in q3 because of deal making, investment banking. ceo david solomon saying this performance demonstrates the strength of our world class franchise and improving our operating environment. investment banking fees rose 20% to $1.87 billion. anyway, a real strong quarter here for goldman sachs. this is kind of what we saw with jpmorgan chase, maria, on fridays, that investment banking story really, again, you know, you've got a strong, you know, wall street performance, strong stock market
jeff flock this morning.goldman sachs' earnings, breaking news, they are just hitting the tapement as you can see or it's a beat. cheryl a can sony with the numbers. >> what a quarter for goldman sachs on all the deal making that's going on. earnings per share, 840. the street was looking for 689. stock is up 2, and it's still probably going to go even higher. $12 the.7 billion is the revenue stream, $3 quarterly dividend declared. 45% jump in investment banking. that is the strength of...
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. >> the exchange you had with jeff flock and the dock workers, that was -- the port workerers,, thatare they voting for. democrats have taken for granted the union vote and unthat's and b i thinkthat's playing out. maria: it's evident by the way kamala harris acted that time. remember, when the dock workers were threatening to go on strike, kamala harris posts something on example, she says the dockers, they deserve the right level of wages and when you see that you would say oh, okay, they must all be on the same page but in fact they're not. we asked jeff flock to ask the unions are they with kamala the way kamala seems to be with them by tweeting this. not one of them raised their hand and it showed you right there and then what she did. she took it as an opportunity, it was politically expedient to send out a post, even though she didn't have any special relationship with toes workers. those workers.>> picking tim ws politically expedient. she wants the vote in the midwest. maria: it was all about politics. >> she should have gone with shapiro from pens vi pennsylvan. maria: stay
. >> the exchange you had with jeff flock and the dock workers, that was -- the port workerers,, thatare they voting for. democrats have taken for granted the union vote and unthat's and b i thinkthat's playing out. maria: it's evident by the way kamala harris acted that time. remember, when the dock workers were threatening to go on strike, kamala harris posts something on example, she says the dockers, they deserve the right level of wages and when you see that you would say oh, okay,...
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jeff flock is in bayonne, new jersey, this morning. he dock workers are back on the job today? >> reporter: it absolutely does the not, unfortunately, ashley. yeah, i'm on -- speaking of docker i'm on a dock here in bayonne which gives us a nice view of the ports of new york and new jersey. if it looks like those cranes are not moving, it is because, well, those cranes are not moving. it'll be shut today, and this is not just true of this port, but others as well. i i want to give you a sense of where we are, by the way. this is what they call, i think, this is the south reach of the newark harbor. this is where the ships would come in. ing normally you'd see multiple ships coming around the corner there off to the left of the bayonne bridge perhaps you see off in the distance, that's what they come under after coming through new york harbor and through the verrazano narrow. that gives you some indication of where we are. taking a look at this map though speaking of the ships, latest number exceeds well over 100ships that are headed for
jeff flock is in bayonne, new jersey, this morning. he dock workers are back on the job today? >> reporter: it absolutely does the not, unfortunately, ashley. yeah, i'm on -- speaking of docker i'm on a dock here in bayonne which gives us a nice view of the ports of new york and new jersey. if it looks like those cranes are not moving, it is because, well, those cranes are not moving. it'll be shut today, and this is not just true of this port, but others as well. i i want to give you a...
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liz: let us go live to jeff flock whose down at the port of newark. jeff, any movement on the negotiating front? reporter: newly-released movement on the negotiating front, liz, as we speak. maybe you see behind me multiple thousand strong shouting "ila strong" the international longshoremen's union, it's a little hard to hear. you heard from harold daggot there looking for wall street to put pressure on the shippers so that's just what happened today. president biden speaking from the white house issuing a statement saying in part, ocean carriers have made record profits since the pandemic. executive compensation has grown in line with the profits which have been profits have been returned to shareholders at record rates. it's only fair that workers who put themselves at risk during the pandemic see a meaningful increase in their wages as well. yeah, we fact checked the president, liz, on the claims there. at least part of them. that be in terms of shipping profits. take a look at these numbers. in 2021 shipping made $110 billion in profits. in 2022 i
liz: let us go live to jeff flock whose down at the port of newark. jeff, any movement on the negotiating front? reporter: newly-released movement on the negotiating front, liz, as we speak. maybe you see behind me multiple thousand strong shouting "ila strong" the international longshoremen's union, it's a little hard to hear. you heard from harold daggot there looking for wall street to put pressure on the shippers so that's just what happened today. president biden speaking from...
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Oct 14, 2024
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jeff flock, thank you very much for that.en nobody was going into a third year of a bull market but, ed, always good to see you. to developments like in a major u.s. company laying off people, i know boeing is a very different story here, but when you hear news like that, big layoffs and maybe others to come, does it give you pause about your bullish view of the world? if. >> well, not really. you typically get strikes when the economy's strong, when the labor market's strong. workers are in a strong position when the economy's doing well, and again, that's when you typically get strikes. i mean, clearly, this is going to have an impact on initial unemployment claims, but everybody's going to know that it's because of the strike. once the strike's over, these people will be called back, and boeing will be scrambling to make up for lost business. so, no, i -- it doesn't change the outlook for the economy. the economy's doing fine. neil: and so are the markets. you related it to sort of like the new roaring '20 thes. the '20 th
jeff flock, thank you very much for that.en nobody was going into a third year of a bull market but, ed, always good to see you. to developments like in a major u.s. company laying off people, i know boeing is a very different story here, but when you hear news like that, big layoffs and maybe others to come, does it give you pause about your bullish view of the world? if. >> well, not really. you typically get strikes when the economy's strong, when the labor market's strong. workers are...
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jeff flock at the picket line at the port of newark in new jersey. re you hearing from the workers? it doesn't sound like they want to go back to work. finish. [laughter] >> reporter: well, they, i think that's probably unfair, stuart. i think they would love to go back to work. all they need is money. so there you go. and, of course, you've heard what, as we've heard, what some of the salary commands are. we think it's somewhere around maybe $70an hour. now they make about $39 an hour as a base wage. sounds like a lot of money. of course, as you know, you live in new york and new jersey and unlike in middle america, perhaps, the cost of living is a bit higher. the other big factor in addition to the money, of course, is automation, and that is something they're very much to opposed to. last night when the strike began, we spoke, fox busied, exclusively with harold dagget, the longtime president of the longshoremen's association who explained they're dead set against automation and not just here in the u.s. listen to what he told us. >> if it was the
jeff flock at the picket line at the port of newark in new jersey. re you hearing from the workers? it doesn't sound like they want to go back to work. finish. [laughter] >> reporter: well, they, i think that's probably unfair, stuart. i think they would love to go back to work. all they need is money. so there you go. and, of course, you've heard what, as we've heard, what some of the salary commands are. we think it's somewhere around maybe $70an hour. now they make about $39 an hour as...
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Oct 16, 2024
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. >> jeff flock said trickles a real sense of urgency to find a new way to power the centers and these more energy, more capacity for energy and nuclear could be the solution to that. take a listen. >> there's a sense of y urgency and not just about replacing by finding the scaleable, new technologies that can really increase the capacity for whole set of applications that will be important for decarbonization and we believe nuclear power has to be a big part of that. >> more energy needed, more capacity needed and this is a first of its kind deal that will help feed the tech companies growing need for electricity to power ai. this is part of the u.s. nuclear revival and targeting 500 megawatts of nuclear power starting at end of the decade and arrangement would be the first to underpin the commercial construction in the azoth small modular nuclear reactors. so this tensionnology could be the future and enables faster, less costly construction and they're building small reactors instead of huge baa'moth plants to get approval for anyway. stuart: thanks, madison. what do you think of th
. >> jeff flock said trickles a real sense of urgency to find a new way to power the centers and these more energy, more capacity for energy and nuclear could be the solution to that. take a listen. >> there's a sense of y urgency and not just about replacing by finding the scaleable, new technologies that can really increase the capacity for whole set of applications that will be important for decarbonization and we believe nuclear power has to be a big part of that. >> more...
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Oct 29, 2024
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jeff flock has more on ford's ev rose. >> reporter: from john kennedy forward, big time forward dealeradelphia suburbs. it doesn't have a real. that is all -- the other f 150s have an ice engine inside. i don't want to say electric vehicles are selling, gathering dust but if you look at the window of this one you have to wipe the dust off. 68 mpgs on that. ford is making get more of these than people want to buy and that is left dealers in a tough spot. what they want to buy are the gas powered f 150s. look at the losses. q3, $1.2 billion so far this year in 2024, we expect 5 or 5.5 billion reports all over. ford's ceo is keeping his eye on the competition, specifically show me. it's a chinese consumer product electronics firm of the makes an electric vehicle called the su 7. i didn't want to give it up, it's great. the earnings call, the competition is only getting tougher. listen. >> we are expecting 150 new plates to hit north america by the end of 2,026. some competitors are resulting, resorting to aggressively's tactics. even with new products which creates huge residual risk and
jeff flock has more on ford's ev rose. >> reporter: from john kennedy forward, big time forward dealeradelphia suburbs. it doesn't have a real. that is all -- the other f 150s have an ice engine inside. i don't want to say electric vehicles are selling, gathering dust but if you look at the window of this one you have to wipe the dust off. 68 mpgs on that. ford is making get more of these than people want to buy and that is left dealers in a tough spot. what they want to buy are the gas...
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jeff flock is at the port of newark where this is day 2. >> reporter: they don't do it very often thebut when they do what they do it in a big way. unlikely uaw strike which was not long ago. a lot of those, that was a targeted strike. they struck specific locations. they struck all the ports. this is the largest strike from new york and new jersey. the shippers were testing their resolve. my estimation is the resolve is strong and they are pretty loud and they are getting support from a lot of locations in addition from the biden administration and the person of the president himself injecting labor secretary and transportation secretary. early this morning truckers in a large caravan, you might think truckers wouldn't be supportive of the strikers because after a few days when the loads that are delivered the truckers aren't going to have anything to do but it seems truckers are behind them. you can hear in the background the international longshoremen's association is grateful for the support. as to where the shipping stands look at a picture we have of the ships that are in coming
jeff flock is at the port of newark where this is day 2. >> reporter: they don't do it very often thebut when they do what they do it in a big way. unlikely uaw strike which was not long ago. a lot of those, that was a targeted strike. they struck specific locations. they struck all the ports. this is the largest strike from new york and new jersey. the shippers were testing their resolve. my estimation is the resolve is strong and they are pretty loud and they are getting support from a...
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fox business' jeff flocks is live from bayoou, g new injury sigh with those details. >> reporter: good morning. they kicked can or perhaps the container down the road i would say. it's not going to be quick. the strike streak has ended, dot mean the ports will snap their fingers and they'll open. the port port of newark, no mot amovementat this point. they may last for a while. this is the port of newark container terminal that you're looking at. that will not open today. other terminals will and you know, there are ports in virginia that will not open either we are told although the georgia ports we are told will open today so we'll see where things go. as to the contract, here's what we think the workers got or at least temporary may get although they won't be paid this now but 62% increase, the union had famously asked for 77% increase and the shippers offered 50 so they split the difference. that will amount to $63 an hour on the high end. it had been $39. that tops with what their fellow dock workers on the west coast got in terms of their new contract that they're working under t
fox business' jeff flocks is live from bayoou, g new injury sigh with those details. >> reporter: good morning. they kicked can or perhaps the container down the road i would say. it's not going to be quick. the strike streak has ended, dot mean the ports will snap their fingers and they'll open. the port port of newark, no mot amovementat this point. they may last for a while. this is the port of newark container terminal that you're looking at. that will not open today. other terminals...
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the biden administration to step and outside of the docks can find themselves out of work as well jeff flockew york new jersey with the very latest. good morning to you. >> good morning to you maria i wish i had some good news to report in terms of the strike but no negotiations should not even talking about continues into day three dueling statements from the strikers as well as a maritime alliance that represents the ford own shipping companies on which the strike is taking place, take a look at the statement from the international longshoremen's association, they said the ila seeks to find other yearly wage increase and this is what it will take to bring the ila back to the table to continue talks. we are not talking unless we get at least that much of a raise, the maritime alliance has said is negotiating on the shipping companies so we cannot agree to preconditions we remain committed to bargaining in good faith to address the ila demand and the maritime alliance concerns some people have asked were talking about the huge increase, i wanted to clarify that for you this morning the contr
the biden administration to step and outside of the docks can find themselves out of work as well jeff flockew york new jersey with the very latest. good morning to you. >> good morning to you maria i wish i had some good news to report in terms of the strike but no negotiations should not even talking about continues into day three dueling statements from the strikers as well as a maritime alliance that represents the ford own shipping companies on which the strike is taking place, take...
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Oct 31, 2024
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jeff flock live from the new jersey neighborhood known as monsterville. mbers here, jeff. reporter: not a ghost yet, liz. but give me a few years and i might be in a crypt. it's a spider dog. it just bit me. that's great. hey, you little devil. nay changed their name from merchantville to monsterville. you've been buying candy all summer to spread out the money. >> yes, sir, we're buying since july. we'll get between 3500-4,000. reporter: 4,000 people. thanks, taylor. happy halloween to ewe to. maybe we can cross the street here before we get run over. this is maple avenue in merchantville. this is so cool. i remember when my daughter was this age. those are good times. i don't know what that is but whatever it is, the neighbor tells me he spent $2,000 on that blow up, you know, whatever the heck you want to call it. that came from china. but there you go. excuse me. sorry. we're down this year, yes, but we're still spending double digit billions on holowean. everything from costumes to decorationings and candy and all the rest. this reminds me of one of m
jeff flock live from the new jersey neighborhood known as monsterville. mbers here, jeff. reporter: not a ghost yet, liz. but give me a few years and i might be in a crypt. it's a spider dog. it just bit me. that's great. hey, you little devil. nay changed their name from merchantville to monsterville. you've been buying candy all summer to spread out the money. >> yes, sir, we're buying since july. we'll get between 3500-4,000. reporter: 4,000 people. thanks, taylor. happy halloween to...
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Oct 17, 2024
10/24
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jeff flock joins us now live in fullsome, pennsylvania where tesla ceo elon musk is set to hold a towng. jeff? reporter: he just started l letting people inside this event. this is the first in a series of talks musk will be giving over the course of the next several days, yeah, probably backing president trump we suspect and it's not being billed as a trump rally but that's the way it is. you remember that elon musk was at president trump's former president trump's side during that rally in butler, pennsylvania and has given $75 million to the super-pack that he founded, the america pack supporting president trump. he's going to speak here to a crowd as well as in pittsburgh, philadelphia, harrisburg, the next five days, he's going to cross-cross the state and here is the interesting thing about this. in order to attend these rallies or events, you had to sign a petition that said number one, that you supported the first and second amendments, didn't say anything about the rest of them but yet and second, and that you already voted. yeah, he wants to encourage people to vote. in fact,
jeff flock joins us now live in fullsome, pennsylvania where tesla ceo elon musk is set to hold a towng. jeff? reporter: he just started l letting people inside this event. this is the first in a series of talks musk will be giving over the course of the next several days, yeah, probably backing president trump we suspect and it's not being billed as a trump rally but that's the way it is. you remember that elon musk was at president trump's former president trump's side during that rally in...
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Oct 4, 2024
10/24
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here is a moment with jeff flock on fox business on with maria yesterday morning at the port. i think it was in new jersey, i do believe. roll it. >> i wonder if they support kamala harris. >> i could ask that question. she wanted to know how many folks support vice president harris. not any hands, no hands. >> wow. >> sandra: wow. >> bill: i don't know what to take from that. i don't think those guys knew that that question was coming. and no one wanted to step up and stand out, mary kathryn. >> yeah, you don't know what to make of that particular clip but you can look to the other data points, the teamsters and firefighters union. firefighters in particular are interesting because this is a male demographic, blue collar, often in urban centers and unionized. in 2020 they went with biden because he had union ced. union rank and file are moving toward republican voting. a fact for the last several cycles. she is not bridging that gap. biden and harris were happy to side with the union boss in the longshoremen disagreement who is out there saying we'll cripple you in a time whe
here is a moment with jeff flock on fox business on with maria yesterday morning at the port. i think it was in new jersey, i do believe. roll it. >> i wonder if they support kamala harris. >> i could ask that question. she wanted to know how many folks support vice president harris. not any hands, no hands. >> wow. >> sandra: wow. >> bill: i don't know what to take from that. i don't think those guys knew that that question was coming. and no one wanted to step up...
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jeff flock is in the middle of it.as a very combative speech from dennis daggett. >> don't know what you heard but by stuff that was printed in the post and other places identifying his dad's house showing pictures of a bentley in the front yard, i've never been through one before but tough business. i think you caught the headline. workers on the west coast or representatives of two of the west coast unions, say if anything came through that was diverted from here, they would not unload it. there is precedent for this. the 77 strike, it lasted for a long time, three months i think and when those ships began to get diverted to the west coast, that is when they went out, including dennis's dad went out to the west coast and got them to not unload those ships. that's what a lot of people think broke that strike. trying to talk with dennis daggett after his speech, wasn't having a lot of it. he's very upset with what he thinks is a real attack on his family and he says that is not going to deter us. whatever you want to p
jeff flock is in the middle of it.as a very combative speech from dennis daggett. >> don't know what you heard but by stuff that was printed in the post and other places identifying his dad's house showing pictures of a bentley in the front yard, i've never been through one before but tough business. i think you caught the headline. workers on the west coast or representatives of two of the west coast unions, say if anything came through that was diverted from here, they would not unload...
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Oct 31, 2024
10/24
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flock the british in the late 18 indeed. and who supported funds for the school project. butcher fund could have followed, saw hips past of armed resistance, but then had 2nd thoughts the but jeff and joined him by doing that, jeremy bunch, a 100 was not happy with the practice is all for running away. and having that, i filled with the him and he thought it's, you know, to an idea to fight or to work for his mission of education. so he stayed there at the most of the see the said there for 40 days. and he just had the holy put on and out of the code on the got this idea of from those. but i suppose the health norm wireless that was breached long ago, uh, by the whole new properties to be up wondering how much the lot whatever some of them. and when he came back, he also opened his change of schools for years. so the 1st world war a bunch upon the time and opportunity to develop a strategy to oppose british he also used the time to start a family. but had 2 wives, as far as the 1st wife was named and they had to come to and from that 5 he had 2 children. the 1st child was of any khan. and the 2nd child was one nissan, and the 3rd child was a female called a lady called and said
flock the british in the late 18 indeed. and who supported funds for the school project. butcher fund could have followed, saw hips past of armed resistance, but then had 2nd thoughts the but jeff and joined him by doing that, jeremy bunch, a 100 was not happy with the practice is all for running away. and having that, i filled with the him and he thought it's, you know, to an idea to fight or to work for his mission of education. so he stayed there at the most of the see the said there for 40...