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Oct 29, 2019
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. >> the deal reached with the union means a shuttered plant in lordstown, ohio.emember that. we covered that here. it will not reopen after all. that's despite repeated promises -- i'm sure you remember those -- from president trump. cnn's vanessa yurgafich is in lordstown, ohio. vanessa, tell us how workers feel there. do they feel betrayed? >> reporter: absolutely, jim and poppy. this sign may still say home of the cruze, but gm is no longer producing cars here. and that's leaving gm with a lot of uncertainty about their future. >> never, ever, ever did i think i would see this day. >> reporter: tiffany king spent more than half her life working at this gm plant in lordstown, ohio. this parking lot once filled with the cars she helped build, now it sits completely empty. >> it's all carbgone in a blink an instant. >> this is her first time back since he helped build the last cruze six months ago. she's held out hope this engine would start again, but that ended friday. gm and the united auto workers union signed their contract with no new plan for lordstown. >>
. >> the deal reached with the union means a shuttered plant in lordstown, ohio.emember that. we covered that here. it will not reopen after all. that's despite repeated promises -- i'm sure you remember those -- from president trump. cnn's vanessa yurgafich is in lordstown, ohio. vanessa, tell us how workers feel there. do they feel betrayed? >> reporter: absolutely, jim and poppy. this sign may still say home of the cruze, but gm is no longer producing cars here. and that's...
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Oct 29, 2019
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we're live in lordstown, ohio. of issues there where this gm plant recently closed and was not reopened in the strike negotiations. you have all the breaking details for us. >> reporter: good morning, john. that's a big number coming from gm but that's also having a big impact on a place like lordstown. it may say home of the cruze behind me but gm is no longer producing cars here. this plant is closed and that's leaving workers who were holding out hope facing some very harsh new realities. >> never, ever, ever did i think i would see this day. >> reporter: tiffany king spent more than half her life working at this gm plant in lordstown, ohio. this parking lot once filled with the cars she helped build. now it sits completely empty. >> it's all gone in a blink, in an instant. >> reporter: this is her first time back since she helped build the last cruze six months ago. she's held out hope this engine would start again. but that ended friday. gm and the united auto workers union signed their contract with no new pl
we're live in lordstown, ohio. of issues there where this gm plant recently closed and was not reopened in the strike negotiations. you have all the breaking details for us. >> reporter: good morning, john. that's a big number coming from gm but that's also having a big impact on a place like lordstown. it may say home of the cruze behind me but gm is no longer producing cars here. this plant is closed and that's leaving workers who were holding out hope facing some very harsh new...
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Oct 18, 2019
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and there is no i lordstown.y are going to sellordstown they are building a battery shop nearby. outside the sco of the contct. whether that's enough to get people to vote yes we know buywa from tomorrow. >> very qckly before you go, what happens with the doj instigation into union leadership? where does that stand right now? do we know? >> well it's ongoing. you know, some of the current former leaders are suspected of using you know due's payer funds for things. i asked the uayon members t does that bother you? boy told me we'll talk about later. today we are one uaw. >> jane wells in detrogh to thank you, jane. >>> so let's turn now toarl broward to talk more about the tentative agreement between gm and the uaw and wt it mig a mean potentially impact the transformation that the auto industry isundergoing. he is the executive publisherubt kelly blue book and auto trader. carl nice to have you >>here. reat to beatn with you. >> we gotot some of the details from jane. given whaha you have been able o hear and fin
and there is no i lordstown.y are going to sellordstown they are building a battery shop nearby. outside the sco of the contct. whether that's enough to get people to vote yes we know buywa from tomorrow. >> very qckly before you go, what happens with the doj instigation into union leadership? where does that stand right now? do we know? >> well it's ongoing. you know, some of the current former leaders are suspected of using you know due's payer funds for things. i asked the uayon...
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Oct 15, 2019
10/19
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lordstown as an issue for 20 years the other issue that lordstown face which was rather new to the partyas that lordstown makes small cars and the cost increase by 25 percent because the tariffs didn't affect the price of imports. it affected the price of steel. but that is the reality so they were also caught in the cross squeeze. the administration denied that steel tariffs had anything to do with the shutting of lordstown. i'd say that that's a tough thing to say. because there was no way they were going to be able to make a profit once those prices went up . but strikes are problematic. they are, but strikes happen regardless of the, of who's in power and what the trade policies are they are going to serve more pressure just as the pressure from the community, pressure from the agriculture community israel . why? any of those people are going bankrupt and they're going bankrupt because of the trade policies with this administration. >> jeff on this point? >> it's a reminder many experiences americans continue to experience anxiety and it's a reminder for the administration that we ha
lordstown as an issue for 20 years the other issue that lordstown face which was rather new to the partyas that lordstown makes small cars and the cost increase by 25 percent because the tariffs didn't affect the price of imports. it affected the price of steel. but that is the reality so they were also caught in the cross squeeze. the administration denied that steel tariffs had anything to do with the shutting of lordstown. i'd say that that's a tough thing to say. because there was no way...
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Oct 17, 2019
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for instance, you had a closing at lordstown. you are in the auto industry, you know lordstown. grew up in cleveland, i know lordstown, too. lordstown has had issues for over 20 years, but the other issue that lordstown faced which was rather new to the party was that lords townes makes small cars, right? and steel costs increased by over 25% because the 25% tariff didn't just affect the price of imports, right? it affected the price of steel. that the price of steel sheet has been coming down recently, but that's the reality. so, they were also caught in the cost price squeeze. now, the administration denies that import steel tariff had anything to do with the shutting of lordstown. i'd say that that's a tough thing to say because there was no way they were going to be able to make a profit once those prices went up. but, you know, strikes are problematic. they are-- but strikes happen regardless of the-- of who is in power and what the trade policies are, but they are going to observe more pressure, just as the pressure from the ag community, pressure from the ag community is
for instance, you had a closing at lordstown. you are in the auto industry, you know lordstown. grew up in cleveland, i know lordstown, too. lordstown has had issues for over 20 years, but the other issue that lordstown faced which was rather new to the party was that lords townes makes small cars, right? and steel costs increased by over 25% because the 25% tariff didn't just affect the price of imports, right? it affected the price of steel. that the price of steel sheet has been coming down...
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Oct 17, 2019
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there were those in the hallways shouting "lordstown, lordstown."ome say if lordstown is going to stay open, they're going to vote no on this. >>> shares of teva jumped. the stock with the news of opioid settlement. we've made tell our "call of the day. they're targeted at 18 >> look, with the report, back into the election year with both sides going against health care. teva, you know, has just not done well. it's the stock of all of the darlings, if you go back five years. if i'm going to own health care, i'm going to own pharma or big ones that i know you own >> pfizer, merck, busineristolm. >> and they're trading off of what might come out of this and that is dangerous territory. because that could swing either way, scott it could be unfavorable for them which is unlikely or get a whole lot worse. i do agree with steve. which is why i'm in the pharma name, big names. >> it looks so cheapful you take a look at future earnings then you take a dive. and even i with my value stock, i'm not getting into this. just on the other side, going down to mar
there were those in the hallways shouting "lordstown, lordstown."ome say if lordstown is going to stay open, they're going to vote no on this. >>> shares of teva jumped. the stock with the news of opioid settlement. we've made tell our "call of the day. they're targeted at 18 >> look, with the report, back into the election year with both sides going against health care. teva, you know, has just not done well. it's the stock of all of the darlings, if you go back...
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Oct 18, 2019
10/19
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it confirms the closure of at least three plants including one in lordstown, ohio. >> ever since likeng onto hope and a thinking that there's no way they're going to just do away with lordstown. >> reporter: still, the uaw says this contract is a win not just for gm workers, but all of america's middle class. general motors says it shows that it's committed to creating new jobs in the u.s. as well as investing here. it's also encouraging uaw workers to approve this contract as quickly as possible. we're told the earliest that could happen, if the workers approve the contract, the earliest they could go back to work would be a week from tomorrow. maria? maria: this becomes the template for the other automakers, right, grady. >> reporter: that's right. fonder fiat chrysler, -- ford and fiat chrysler will be looking at this very closely to see if it jives with what they're looking at as well. maria: closing rikers island, more on the vote to close the troubled jail. artificial intelligence headed to the skies, details on the drone racing league, using autonomous drones, wait until you ch
it confirms the closure of at least three plants including one in lordstown, ohio. >> ever since likeng onto hope and a thinking that there's no way they're going to just do away with lordstown. >> reporter: still, the uaw says this contract is a win not just for gm workers, but all of america's middle class. general motors says it shows that it's committed to creating new jobs in the u.s. as well as investing here. it's also encouraging uaw workers to approve this contract as...
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Oct 12, 2019
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a veryink he can be valuable surrogate, though, because of lordstown closing down.nt donald trump was in youngstown in 2017, right after i got to cleveland.com. said, don't sell your house is. we are going to reopen the factories, the factories are going to have jobs again, and then one of the largest employers in the area closes down and a lot of people use their -- lose their jobs, and there does not seem to be a big solution inside that anyone can see yet. they have toyed with selling this factory to an electric truck maker, but a lot of it hinges on if they get this government contract. even if they do, you are talking about 2000 people who lost their jobs versus possibly bringing maybe 400 people back in. i do think there is a message that makes him a pretty powerful surrogate in some respects. i think a cabinet position is not necessarily out of the question, though. the only issue is that you might lose a house seat, right, if you have a special election there. [applause] >> good evening, everyone. what an exciting evening. though hundreds of us have gathered
a veryink he can be valuable surrogate, though, because of lordstown closing down.nt donald trump was in youngstown in 2017, right after i got to cleveland.com. said, don't sell your house is. we are going to reopen the factories, the factories are going to have jobs again, and then one of the largest employers in the area closes down and a lot of people use their -- lose their jobs, and there does not seem to be a big solution inside that anyone can see yet. they have toyed with selling this...
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Oct 18, 2019
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ere w talk of putting battery production and lordstown.lant, that one is rusupposed to get electric production. intereing thing about that, there is a start up which just got an order from amazon for 100,000 electric trucks. it is also going to build picku trucks and sport utility vehicles. there are a start up, they have money from ford in this big contract from amazon. gm needs to hustle if it wants to compete. reporter: we are seeing this proposed settlement. it looks like success for both sides. we are also seeing 25,000 schoolteachers in chicago going out on strike, following on the path of a lot of other school strikes that have been happening. when you look at the developments of today, assuming this deal gets ratified, is this a one-off or does it mean something more broadly for the >> this is an awfully generous contract about cash.ust talking i do not think other places can provid their employees.h to the chicago teacher strike is interesting. chicago has a brand-new mayor and i think she is sympathetic. the teachers walked out a
ere w talk of putting battery production and lordstown.lant, that one is rusupposed to get electric production. intereing thing about that, there is a start up which just got an order from amazon for 100,000 electric trucks. it is also going to build picku trucks and sport utility vehicles. there are a start up, they have money from ford in this big contract from amazon. gm needs to hustle if it wants to compete. reporter: we are seeing this proposed settlement. it looks like success for both...
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Oct 16, 2019
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>> because you can talk to people in lordstown, ohio, who lost their jobs because of automation, whichade things more efficient and put some people out of shifts. you went from four shifts to three shifts. you can talk to people in small towns who used to do telemarketing and phone operating and those things, some of them have moved abroad and some of them have become an automatic voice system. so look, i understand what you're saying, monopoly power -- >> why is -- mexico -- >> keep talking loud doesn't mean you're right. monopoly power can be a problem when you talk about the economy, but you cannot ignore the human capital that is no longer able to work because of different kinds of advancements. now, if we want to move those people into different kinds of jobs, that is a realistic conversation that i think in many ways andrew yang misses, but you can't pretend people are not losing their jobs to advancement in technology. that is the history of our economy. that is the history of the west. >> look, it is -- >> gentlemen, we have to take a break. we are going to leave it there. we'v
>> because you can talk to people in lordstown, ohio, who lost their jobs because of automation, whichade things more efficient and put some people out of shifts. you went from four shifts to three shifts. you can talk to people in small towns who used to do telemarketing and phone operating and those things, some of them have moved abroad and some of them have become an automatic voice system. so look, i understand what you're saying, monopoly power -- >> why is -- mexico --...
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Oct 18, 2019
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in the nearby facility come but they are going to pay less than they were paying those workers at lordstown the pushback might be. but this is a great deal economically for other union workers, who have pretty decent payouts, retirement offerings to some of those who would be coming out of that lordstown plant. wage increases, good health care benefits. i think that is really the sticking point. alix: i learned that electric vehicle parts, you need 11,000 parts versus 30,000 for a regular car, so that is really interesting. power move to labor, what does that tell you about where we are? david: i think workers in theory should be any a much better bargaining position. americans say anybody can get a job, nobody can get a raise. when i think about the areas unionized within the many factoring sector, some of those workers are in the weakest position because of the global manufacturing and market issues. where scarcity is the greatest are the places that are not actually unionized. overall, we will see wages go up. i think we will see more strike action. but i'm not sure we see union wages go
in the nearby facility come but they are going to pay less than they were paying those workers at lordstown the pushback might be. but this is a great deal economically for other union workers, who have pretty decent payouts, retirement offerings to some of those who would be coming out of that lordstown plant. wage increases, good health care benefits. i think that is really the sticking point. alix: i learned that electric vehicle parts, you need 11,000 parts versus 30,000 for a regular car,...
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Oct 23, 2019
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their desire for some mythical centrist candidate who can get former maga voters in lordstown, ohio,nd a 20 something couple living in charlotte, north carolina, that person doesn't exist. you have to operate with a candidate who can inspire people and move them towards your politics. donald trump didn't turn the nation into maga. he dragged the nation to maga. barack obama didn't make the entire nation inspired. he dragged them towards inspiration. so rather than trying to force a 2020 candidate into some mythical democratic box, they should look to support the candidate who can inspire the most people. and that won't be hillary clinton and it won't be sherrod brown. there's no magical person out there who's going to appear and run even if the rock decides he's going to throw his hat into the ring. >> when you're on tv, i watch. i saw you this afternoon. will you be buying the book by anonymous, jason? >> i really don't want to buy the book, but i will probably have to for the purposes of understanding this job. i can't respect people who want to constantly talk about the dangers co
their desire for some mythical centrist candidate who can get former maga voters in lordstown, ohio,nd a 20 something couple living in charlotte, north carolina, that person doesn't exist. you have to operate with a candidate who can inspire people and move them towards your politics. donald trump didn't turn the nation into maga. he dragged the nation to maga. barack obama didn't make the entire nation inspired. he dragged them towards inspiration. so rather than trying to force a 2020...
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Oct 17, 2019
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that could be a deal breaker for some supporters of the lordstown, ohio plant.as negotiators from the ua warch were walking in lordstown supporters were shouting at them gm is saying that plant will be sold to an electric struck saturday up. that will save some jobs but they won't be union jobs build a battery plant and save some more jobs but those jobs won't be under this contract what's interesting about this that we've learned today, we have been reporting that gm has offered to spend potentially $9 billion to save or retain 9,000 jobs in this contract. uaw in its summary release of the contract didn't mention it you would think they would again we're still waiting to see if they will come out. now that the janitors have reached a tentative agreement, maybe they will. guys >> jane, thank you mike santoli, a stock hasn't done that. down 7% in the last three months we'll see what happens >> the market is obviously not pleased but looking through most effects right here most of these, just where we are in the cycle >> been about a month long this strike has bee
that could be a deal breaker for some supporters of the lordstown, ohio plant.as negotiators from the ua warch were walking in lordstown supporters were shouting at them gm is saying that plant will be sold to an electric struck saturday up. that will save some jobs but they won't be union jobs build a battery plant and save some more jobs but those jobs won't be under this contract what's interesting about this that we've learned today, we have been reporting that gm has offered to spend...
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Oct 17, 2019
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another slated to close, lordstown, will not receive a new product line.ction yesterday. >> yippee. i was very happy. kind of elated, you might say. it gets a little emotional for me. because i mean, you know, before it seemed like when we were on strike, we were fighting like for us. this seems more like a we. like we're fighting for middle america. >> some of us are still living paycheck to paycheck. i'm single. it's just my income. so i was looking for a part-time job. hopefully i don't have to. i may have to because christmas is coming up and i got to go back a little bit and help, you know, catch up on the bills. >> you hear from that woman there. this has been a struggle for many of the workers who have been out here nearly five weeks making $275 a week. we know $800 million in lost wages to workers. but the workers i've been speaking to, john and alisyn, over the past five weeks have been committed to this cause. but as we know, they are very eager to get back to work. hoping this vote today is a yes. >> oh, my gosh. vanessa, we talked to some of th
another slated to close, lordstown, will not receive a new product line.ction yesterday. >> yippee. i was very happy. kind of elated, you might say. it gets a little emotional for me. because i mean, you know, before it seemed like when we were on strike, we were fighting like for us. this seems more like a we. like we're fighting for middle america. >> some of us are still living paycheck to paycheck. i'm single. it's just my income. so i was looking for a part-time job. hopefully...
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Oct 18, 2019
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it confirms the closure of three general motors plants including one in lordstown, ohio.he agreement a win, not just for gm workers, but for all middle class americans. >> it was about the hearts and minds of american workers and the middle class. >> reporter: gm is calling for the quick approval of this contract, saying this. the agreement reflects our commitment to u.s. manufacturing through the creation of new jobs and increased investment. but again, this strike will continue. the earliest workers will likely be able to go back to work, if they vote to approve this contract, is a week from tomorrow. cheryl and lauren. lauren: grady, thank you very much. we want to talk about china now. they're coming clean on why they're fighting a trade war with the united states. they're saying the ultimate goal of the consultations between the two sides is to stop the trade war and cancel all the additional tariffs which is beneficial to china and the united states and the whole world. china's economic growth plunged to the slowest pace in more than 27 years in the last quarter. we
it confirms the closure of three general motors plants including one in lordstown, ohio.he agreement a win, not just for gm workers, but for all middle class americans. >> it was about the hearts and minds of american workers and the middle class. >> reporter: gm is calling for the quick approval of this contract, saying this. the agreement reflects our commitment to u.s. manufacturing through the creation of new jobs and increased investment. but again, this strike will continue....
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Oct 17, 2019
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as we understand it pay raises for those workers would still see three plants including a famed lordstownlosing. of course the president has put out a major twitter storm about this. he had told workers don't move, keep your jobs there, and of course turns out that that's going to close. we have gm down 1%. but connell, we're waiting, this has gone way longer than we would have thought for the uaw, hours longer. connell: it is interesting to see if there's a little bit more to that than we know and grady trimble has been doing some terrific reporting for that. we will have more on that next hour. we also have bob nardelli on the show, former chrysler ceo. he's dealt with this over his career and get insight on not only what's happening with the gm and uaw but what might happen in the future, a look ahead for the industry. we will talk about that. also the made in america push the president has bid on, he being the president in texas today louis vuitton factory, companies whether they are based here or not making their items that they make here in the united states and we will talk to bob
as we understand it pay raises for those workers would still see three plants including a famed lordstownlosing. of course the president has put out a major twitter storm about this. he had told workers don't move, keep your jobs there, and of course turns out that that's going to close. we have gm down 1%. but connell, we're waiting, this has gone way longer than we would have thought for the uaw, hours longer. connell: it is interesting to see if there's a little bit more to that than we know...
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Oct 17, 2019
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vote, despite all the $11,000 ratification bonus and very, very great low health care costs, the lordstown plant in ohio will be closed. and for some members here today that will be a deal breaker when it goes to the rank and file we have to see. >> jane wells, thank you with the latest on the uaw strike the problem here is that the cost, the estimated cost which is now at about $2 billion to gm for the strike will continue ticking higher as long as the workers remain off the job. >> although, the reason they remain off the job is because there is a deal not cut that gm wants to hold certainly their line of negotiation. i think first of all it was deal day, right we had gm, brexit, turkey, a lot of big news. to the extent this is a -- this doesn't change i don't think any of the deals as we talk about in the next segment for gm is not about the strike the story is really people trying to view where the the profitable model north america suv markets, where we are in the auto global cycle. strike workers getting more pay. the union is robust and full and able to hold out for a better deal if
vote, despite all the $11,000 ratification bonus and very, very great low health care costs, the lordstown plant in ohio will be closed. and for some members here today that will be a deal breaker when it goes to the rank and file we have to see. >> jane wells, thank you with the latest on the uaw strike the problem here is that the cost, the estimated cost which is now at about $2 billion to gm for the strike will continue ticking higher as long as the workers remain off the job....
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Oct 14, 2019
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that, yes, our voters want to hear first and foremost what you're going to do to save the plant in lordstownailed promises all over the state. at a certain point, as the speaker said, if the president's going to self-impeach you have to act, you know, consistent with your oath to the constitution and that's what they're doing. and i think ohioans see that for what it is. >> and, craig, we've seen, as the 2020 candidates have been on the campaign trail over the course of the last three weeks, that they are doing that juggling act between talking about the messaging points and the issues that they want to talk about, while also talking to reporters and voters who asked them about holding the president accountable. but if you also just look at where the dnc has been having these debates we started in florida, we moved to michigan, texas, we're going to be in georgia next month, obviously we're in ohio right now. the map is part of the message there. those are states that i talk about with operatives on both sides of the aisle that they're interested in seeing how they go in 2020. the fact they'
that, yes, our voters want to hear first and foremost what you're going to do to save the plant in lordstownailed promises all over the state. at a certain point, as the speaker said, if the president's going to self-impeach you have to act, you know, consistent with your oath to the constitution and that's what they're doing. and i think ohioans see that for what it is. >> and, craig, we've seen, as the 2020 candidates have been on the campaign trail over the course of the last three...
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Oct 25, 2019
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it confirms the closure of three plants including one in lordstown, ohio, but again, the majority of people voting yes. they say look, we see pay increases in this contract, our health care costs stay the same, and they get an $11,000 signing bonus. remember, that looks especially good to these workers who have been on the picket lines for six weeks, 40 days, without getting any pay. so you look at their lost wages topping $6,000, that signing bonus would offset that. of course, general motors is going to be the one footing the bill for that signing bonus. they would have a cost immediately of $485 million to dole out all of those signing bonuses. so we should find out in i would say the next hour or so, once all those votes come in. but you see general motors stock, it's been climbing all day today, and that's because i think investors are expecting the strike to come to an end in the next hour or so. but we'll keep you posted. cheryl: you will be on standby for the entire hour and you will bring that news to us when it breaks. grady trimble, thank you very much. >>> well, now to th
it confirms the closure of three plants including one in lordstown, ohio, but again, the majority of people voting yes. they say look, we see pay increases in this contract, our health care costs stay the same, and they get an $11,000 signing bonus. remember, that looks especially good to these workers who have been on the picket lines for six weeks, 40 days, without getting any pay. so you look at their lost wages topping $6,000, that signing bonus would offset that. of course, general motors...
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Oct 17, 2019
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i think there was some hwaope tt lordstown, which is neagsr yown, ohio, might have gotten a product. there was talk about puting battery production into lordstown.en the wa transmiion plant near detroit and baltimore were , obably never going to reopen. the detroit plaich is called detroit hamtramck or poletown up here, that one is c supposed to get electuck production, but the interesting thing about thats that there's a start-up called rivian, which just got an orderer from amazon for 100,000 ectric trucks, and it's also going to build pickup vehicles, so they're operating right down the road. they're a start-up. they have some money from ford and they have the big contact om amazon, so g.m. needs to his until it wants to compete in that market. >> brangham: we're seeing ths u oposed settlement and this looks like, as re saying, success for both sides. we're also seeing tday 25,000 schoolteachers in chicago going out on strfoikllowing on the path of a lot of other school strikes that have been happening. dhen you look at the developments of , assuming this deal gets ratified, what
i think there was some hwaope tt lordstown, which is neagsr yown, ohio, might have gotten a product. there was talk about puting battery production into lordstown.en the wa transmiion plant near detroit and baltimore were , obably never going to reopen. the detroit plaich is called detroit hamtramck or poletown up here, that one is c supposed to get electuck production, but the interesting thing about thats that there's a start-up called rivian, which just got an orderer from amazon for 100,000...
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Oct 15, 2019
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he said that here in ohio and elsewhere, and you see the chevy plant in lordstown.e so many other plant closures. the worst year for manufacturing and the auto industry since the great recession. he promised he'd take care of farmers, and there's a farm crisis here in ohio and wisconsin and elsewhere. democrats are fighting to make sure we have everybody's back on the issues that matter most, and that's what you're going to hear from all of our candidates. that unity of values around affordable health care for all, around an economy that works for everyone, not just a few at the top. you know, around reducing gun violence and here in ohio, again, another tragic incident in dayton, the president says afterward, yeah, we ought to do something about background checks, and then he talks to the nra and he once again, does nothing. >> mr. chairman, the debate stage behind you looks beautiful. thank you for being with us this morning. >> sure does. >> we look forward to the event tonight. you can watch tonight's democratic presidential debate live from ohio, 8:00 p.m. east
he said that here in ohio and elsewhere, and you see the chevy plant in lordstown.e so many other plant closures. the worst year for manufacturing and the auto industry since the great recession. he promised he'd take care of farmers, and there's a farm crisis here in ohio and wisconsin and elsewhere. democrats are fighting to make sure we have everybody's back on the issues that matter most, and that's what you're going to hear from all of our candidates. that unity of values around affordable...
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Oct 16, 2019
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is shining a light on the president, especially in a state like ohio where the president said in lordstownhen he was running, don't sell your houses, i'm going to control the factory. he's not. answering the question are you better off, a lot of trump's base are not better off. the challenge is going to be what are democrats going to do or say to show the american people that they can do better. it was anti-business but it was certainly anti-big-fat monopolies. many of the candidates, if not all, are saying, hate the game, not the player, we have to change some of these rules. >> there is a new election model from moody's analytics which has done a pretty good job of predicting who will win the white house since 1980. what's the model saying? >> the model has been wrong only once. the model uses three separate measures. the model is saying the president will win. it uses sentiment, and you know consumer sentiment has been up. that's what's been leading gdp. people feel pretty good. unemployment numbers are at historic lows. there is the stock market and the s&p is up 30% since the presiden
is shining a light on the president, especially in a state like ohio where the president said in lordstownhen he was running, don't sell your houses, i'm going to control the factory. he's not. answering the question are you better off, a lot of trump's base are not better off. the challenge is going to be what are democrats going to do or say to show the american people that they can do better. it was anti-business but it was certainly anti-big-fat monopolies. many of the candidates, if not...
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Oct 16, 2019
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lordstown, the two other plants, don't expect those to stick around and finally there are no models movingm mexico that's what general motors said all along. it was not planning to do. the uaw says we want some production up here it's not happening what has been the strike impact of a -- this strike that has gone on more than 30 days? by one estimate the cost to gm at least $2 billion. all of the u.s. production has been stopped for 31 days and much of the production in canada and mexico greatly reduced over the last several weeks. mainly because the suppliers haven't been able to ship parts to the plants. as a result they've had to shut down production. as you look at shares of general motors over the last month you might be looking at this and saying well shouldn't there be more of a pop back here? this is basically what people expected a little bit of a pop today but not back to levels we saw a month ago. remember the workers stay on strike, melissa, until the leadership says, yeah, go back to work while we vote on whether or not to ratify this deal, or stay on strike while a potential
lordstown, the two other plants, don't expect those to stick around and finally there are no models movingm mexico that's what general motors said all along. it was not planning to do. the uaw says we want some production up here it's not happening what has been the strike impact of a -- this strike that has gone on more than 30 days? by one estimate the cost to gm at least $2 billion. all of the u.s. production has been stopped for 31 days and much of the production in canada and mexico...
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Oct 14, 2019
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yes, our voters want to hear first and foremost about what you're going to do to save the plant in lordstownat you're going to do about health care, but at a certain point, if the president is going to self-impeach, you have to act consistent with your oath to the constitution. >> reporter: and hallie, you've also got to think about where we are. we're in ohio. i think the map is part of the message. we've seen where they've been, florida, texas, michigan. these are states that you and i talk a lot about with our democratic and republican operative sources and the democratic party is basically sending the message, we're here and staking our claim. this is important to us as we head into 2020. >> ali vitali who will be in columbus for the foreseeable future. thank you very much. i want to bring in a democratic strategist who serves as a senior adviser to the democratic congressional campaign committee and brandon is also joining, formerly paul ryan's communications adviser when he was in the white house. >> antwan, timing, timing, interestingly when you talk about timing, hunter biden is out
yes, our voters want to hear first and foremost about what you're going to do to save the plant in lordstownat you're going to do about health care, but at a certain point, if the president is going to self-impeach, you have to act consistent with your oath to the constitution. >> reporter: and hallie, you've also got to think about where we are. we're in ohio. i think the map is part of the message. we've seen where they've been, florida, texas, michigan. these are states that you and i...
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. >> our voters want to hear about what you're going to to save the plant in lordstown, what you're going failed promises all over the state. we would love to only talk about terrible policies, but at a certain point as the speaker has said if the president is going to sil impeach, you have to act consistent with your oath to the constitution. >> reporter: and when david pepper brings up the constitution, that's frankly what a lot of the 2020 candidates have said when they themselves have said that an impeachment inquiry is the right way to go, that it's above partisanship. but impeachment has also had a big impact on the 2020 field in that it's frozen it in place. so if you're not one of the top three candidates who we are dinl seeing in the polls, then this is really an important moment especially for those people who have not qualified for the debate. a lot of candidates see that media coverage as a way to help them with their momentum. so tonight's important, yasmin. >> it seems like there's always going to be an important moment as the stage is going to be widelled down. beth, thanks
. >> our voters want to hear about what you're going to to save the plant in lordstown, what you're going failed promises all over the state. we would love to only talk about terrible policies, but at a certain point as the speaker has said if the president is going to sil impeach, you have to act consistent with your oath to the constitution. >> reporter: and when david pepper brings up the constitution, that's frankly what a lot of the 2020 candidates have said when they...
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Oct 15, 2019
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if you go to lordstown and talk to gm workers out of a job where donald trump promised he would bringre and the plant shuts down and he says it does than matter that stock market price isn't helping them too much. the farmers, soybean farmers same thing. the wild trade war is not even a policy, a bunch of tweets have thrown soybean farmers to the wind and they are struggling. all parties make mistakes when they run around and the stock market means real lives will change. if donald trump thinks he will win because of that he is mistaken. if he goes to auto workers and farmers around the state. people stressed about healthcare he would hear quickly that people are really concerned and really frustrated and want to see washington help them a lot more than what is happening lately. >> sandra: a lot of republicans we've spoken with tonight expect socialism will be a big topic tonight as far as republican view is concerned. we'll see where it all goes. it will be a big night for your party. david pepper, we appreciate your time ahead of that. >> thank you. appreciate it. >> bill: breaking
if you go to lordstown and talk to gm workers out of a job where donald trump promised he would bringre and the plant shuts down and he says it does than matter that stock market price isn't helping them too much. the farmers, soybean farmers same thing. the wild trade war is not even a policy, a bunch of tweets have thrown soybean farmers to the wind and they are struggling. all parties make mistakes when they run around and the stock market means real lives will change. if donald trump thinks...
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Oct 16, 2019
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used to be built right in lordstown which is now one more symbol of the broken promises this presidentas made to workers. but why did workers take a chance on this president in the first place? it's because it felt like nobody was willing to actually do anything. and while he's unquestionably made it dramatically worse, this is time to realize that we're paying attention to the wrong things. we're paying attention to who's sounding better on a debate stage -- >> thank you -- >> will a wealth tax work? >> it could work. but i want to give a reality check to elizabeth because no one on this stage wants to protect billionaires, not even the billionaire wants to protect billionaires. we just have different approaches. your idea is not the only idea. and when i look at this i think about donald trump, the guy that after that tax bill passed went to mar-a-lago, got together with his cronies and said guess what, you guys all got a lot richer. that was the one time in his presidency he told the truth. so we have different ways -- i would repeal significant portions of that tax bill that helped
used to be built right in lordstown which is now one more symbol of the broken promises this presidentas made to workers. but why did workers take a chance on this president in the first place? it's because it felt like nobody was willing to actually do anything. and while he's unquestionably made it dramatically worse, this is time to realize that we're paying attention to the wrong things. we're paying attention to who's sounding better on a debate stage -- >> thank you -- >> will...
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Oct 17, 2019
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however, the lordstown plant is going away >> i'll have to see it as a whole, but it's very discouraging that job security is a huge portion of this agreement for a traditional employee such as myself. >> reporter: at 31 days, this is the longest strike in gm in nearly a half century and the costs, well, fasten your chevy silverado inteshlths according to center for automotive research, each with the strike cost gm $450 million the union 12 million in spike i strike pay, combined lost wages is over 850 million a week lost paychecks, if that's true, add it up, that's over $1.5 billion per week times four weeks, $6 billion plus so far and that doesn't even take into consideration, guys, the loss of shareholder value. back to you. we'll let you know when that meeting happens and what comes out of it. >> i was going to say, the tick tock today will be important, jane it's good to see you back covering the story, jane wells in detroit today. >>> dow is up 66 >> good morning, carl, dow back around 27,000. in fact. futures did move around 5:00 a.m. on news of a possible brexit deal. you combine
however, the lordstown plant is going away >> i'll have to see it as a whole, but it's very discouraging that job security is a huge portion of this agreement for a traditional employee such as myself. >> reporter: at 31 days, this is the longest strike in gm in nearly a half century and the costs, well, fasten your chevy silverado inteshlths according to center for automotive research, each with the strike cost gm $450 million the union 12 million in spike i strike pay, combined...
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Oct 18, 2019
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>> i do feel for my union brothers and sisters in lordstown, in warren, baltimore.eeps promise playing everybody. they will disrupt families. they have to move. i understand that i feel for them. reporter: all right. we'll have to wait and see on the vote. neil. send it back to you. earliest workers could get back to work is a week from tomorrow. back to you. neil: grady, thank you very much. take you to the white house. the president had a chance to talk to the two female astronauts who had joint spacewalk but he is taking questions from reporters. >> i heard schiff, no, no, we don't want to talk about that, we don't want to talk about that but he talked about it. that is one of the things. this is a terrible witch-hunt. this is so bad for our country. i spoke to president erdogan with turkey. we're doing very, very well with turkey. there is a cease-fire or pause, whatever you want to call it. there was some sniper fire this morning. there was mortar fire this morning. that was eliminated quickly. and they're back to the full pause. we have isis totally under guar
>> i do feel for my union brothers and sisters in lordstown, in warren, baltimore.eeps promise playing everybody. they will disrupt families. they have to move. i understand that i feel for them. reporter: all right. we'll have to wait and see on the vote. neil. send it back to you. earliest workers could get back to work is a week from tomorrow. back to you. neil: grady, thank you very much. take you to the white house. the president had a chance to talk to the two female astronauts who...
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Oct 29, 2019
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what i am surprised is that lordstown plant going to be very interesting they shut it down but sayingi don't know we are not seek trek trucks taking off electric vehicles in united states aren't taking off the partnership talking about working with that company isn't doing so well financially but putting money in the plant good 32, 32 an hour $32 an hour a lot i am not saying they are not worth it a lot goes to union they got to pay union do you see. >> temperature operate for ford and chrysler, taking a look at markets earnings driving the action this morning once again futures indicating a legislator opening, taking a break after a big rally yesterday took the may juror averages unchartered territory up 16 1/2 points 3039, 14th record this year for standard & poor's joining us cfra research chief investment strategist sam stovall great to see you thanks so much for joining us access third quarter a reporting season so far. >> pretty much i think a lot of people had been expecting because each of the prior 30 quarters, we had seen, the actual months in come in better than expectation
what i am surprised is that lordstown plant going to be very interesting they shut it down but sayingi don't know we are not seek trek trucks taking off electric vehicles in united states aren't taking off the partnership talking about working with that company isn't doing so well financially but putting money in the plant good 32, 32 an hour $32 an hour a lot i am not saying they are not worth it a lot goes to union they got to pay union do you see. >> temperature operate for ford and...
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Oct 7, 2019
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i think he could be a valuable surrogate because of lordstown closing down.resident donald trump was in youngstown in 2017 right after i got to cleveland.com. he came in and said do not sell your house is. we are going to reopen the factories. those factories are going to have jobs. then one of the largest employers in the area closed down. a lot of people lose their jobs and there does not seem to be a great solution in sight. they have toyed with selling the factory to an electric truck maker, but the electric truck maker -- a lot of it hinges on if they get this government contract and even if they do about 2000 peopleut who lost their jobs versus possibly bringing 400 people back in. i think there is a message that makes him a powerful surrogate in some respects. i think it cabinet position is not necessarily out of question. the only issue is that you might lose a house seat if you have a special election there. , redistrictingnd is going to happen in 2020 and i would imagine that the mahoney valley district, with the rules passed in 2018, is going to ma
i think he could be a valuable surrogate because of lordstown closing down.resident donald trump was in youngstown in 2017 right after i got to cleveland.com. he came in and said do not sell your house is. we are going to reopen the factories. those factories are going to have jobs. then one of the largest employers in the area closed down. a lot of people lose their jobs and there does not seem to be a great solution in sight. they have toyed with selling the factory to an electric truck...
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i literally used to drive by that lordstown plant in ohio that everybody talked about.rents lost their jobs when they went from four shifts to three shifts. the radicalism that some of us sort of see here is actually the only solution that folks out there are seeing at this point. >> right. >> it doesn't just explain donald trump, it explains elizabeth warren. bob is right. i don't just talk about elizabeth warren's popularity. if you connect her to bernie sanders you've got 40% of the democratic base who is like this isn't working. it hasn't been working for 20 years. it's not just enron, not just the financial crisis, not just my kids on opioids. i need something who will do something radical and different. alabama won with yes we cannot weapon could after we put together a committee. so that idea it works as far as people thinking you can win this way in a general election, but it's not going to make people excited. that's why warren and sanders even though he's dropping now have been doing so well. >>> the big news here in washington was testimony by white house aid
i literally used to drive by that lordstown plant in ohio that everybody talked about.rents lost their jobs when they went from four shifts to three shifts. the radicalism that some of us sort of see here is actually the only solution that folks out there are seeing at this point. >> right. >> it doesn't just explain donald trump, it explains elizabeth warren. bob is right. i don't just talk about elizabeth warren's popularity. if you connect her to bernie sanders you've got 40% of...