ryanair is known for cutting not spending and its o'leary's willingness to bend over backwards for a book that has made the airline a force to be reckoned with in the european market further refining the ultra low cost model pioneered by u.s. carrier southwest o'leary cut ticket prices in favor of making money on baggage fees on board shopping and other secondary revenue streams but that cost cutting obsession ran him afoul of many unions they objected to what they described as substandard pay poor working conditions and uncertain labor contracts the result many pilots simply left ryanair now facing new color walkouts in some european territories over the holidays ryanair management recently announced it would finally enter into talks with unions the move worked in italy portugal and ryanair is home base of ireland where unions canceled strikes planned for friday pilots in germany weren't convinced however the union there said ryanair broke off schedule talks after objecting to two union negotiated. the union say they won't strike on the christmas holidays walkout as soon as the twen

do you hear that, frank o'leary? you lose! frank o'leary is a loser! [ scoffs ] frank o'leary.etty well. we'll be right frank o'leary -- i mean, back. ♪ announcer: only one news organization is the talk of america. -it's totally fake news. -fake news. fake news. announcer: only one news organization is reaching the most powerful people in the world. -fake news. -fake news. -it's fake news. -that is fake news. -fake news. -fake news. fake news. announcer: and only one news organization is willing to take sound bytes completely out of context. that is literally the epitome of fake news. announcer: "the fake news" -- we make it all up. it's fake news, but you believed it for a second! ♪ and we're back. in a minute, hillary clinton opens up on the surprising amount of feces in the state department hallways. i was very disturbed by that, and i thought, "you know, we need to bring it up. don't pretend that you can hide it under the rug or in the corner." but first, the trapped-nited states of in-a-well-merica -- our continuing coverage of president trump trapped in a well. let's chec

right here ahead michael o'leary will bend over backwards to make a buck and that mentality has helped to make ryan air a force to be reckoned with in the european market for the refining the ultra low cost model plane needed by u.s. carriers south west o'leary cut ticket prices in favor of making money and baggage fees on board shopping and other secondary revenue streams but that cost cutting obsession ran him a fall of many unions they objected to what they described as substandard pay poor working conditions and uncertain labor contracts. the result many pilots left ryanair and the airline recently announced it would be forced to cancel some twenty thousand flights through march of next year. to stave off a threatened strike in some european territories over the holidays ryanair management recently announced it would finally enter into talks with the unions but if we've got to make a change will make a change and in this case because it was christmas week it was within their control and were where we called instead to call off this action so people can take away all that uncertaint

ryanair ahead michael o'leary will bend over backwards to make a buck and that mentality has helped to make ryan air a force to be reckoned with and the european market. further refining the ultra low cost model plane needed by u.s. carriers south west o'leary cut ticket prices in favor of making money and baggage fees on board shopping and other secondary revenue streams. but that cost cutting obsession ran him a fall of many unions they objected to what they described as substandard pay poor working conditions and uncertain labor contracts. the result many pilots left ryanair and the airline recently announced it would be forced to cancel some twenty thousand flights through march of next year. to stave off a threatened strike in some european territories over the holidays ryanair management recently announced it would finally enter into talks with the unions but if we've got to make a change with make a change and in this case because it was on christmas week it was within our control and were where we called the unions to to call off this action so people can take away all that unc

reporter: it seems not everyone was convinced michael o'leary had changed his tune.ermany's pilot union is calling for a four hour warning strike this friday. if they carry through with the threat, it would be the first strike in ryanair history. barbara: ben: we have got the union spokesman. thanks for joining us. where did it all go wrong? can you give us an explanation of what happened to your union campaign at ryanair? you have just managed to clinch it. >> that is what we thought as well but when we traveled to dublin yesterday and met the ryanair officials, the first thing they wanted to do was to decide and to dictate even with whom they want to negotiate and with whom they said two of our five team, our members were not of their liking. they said, those two guys have to leave and the other can stay. they did not like the look of them were basically -- barbara: what was wrong with them? >> they said they are our in a legal dispute with ryanair. one of them got fired. he announced he is part of the negotiation team, ryanair fired him, leading to illegal conflic

what is the o'leary product you're going to push out to do sports gambling? >> if i could do an etf, it would be market cap weighted with the lead holding the patriots 30% weighted index, patriots it would always beat the market every year every sunday they do. >> rotations >> 10%, you'll be fine. >> etf. >> why not >> cantor fitzgerald has a sports book. it wasn't a great business for them i don't think this has been -- >> the world's changing though. >> the world's changing. there's sports betting in europe. >> it's not like the greatest business >> here are the concerns you make it legal federally and put a limit on it. >> they start out this booming thing. then enough people go through the mill and you just have that core use they're wants to bet on games. >> says the guy that trades bit coins all day. >> i don't trade. >> just as risky. >> i don't trade >> the point is -- >> no, no, no, i agree it's a great business and why not tax it i don't have a problem i don't think it's as big as people assume it's going to be for example, because he knows, it was

carrier southwest o'leary cut ticket prices in favor of making money on baggage fees. on board shopping and other secondary revenue streams but that cost cutting obsession ran him afoul of many unions they objected to what they described as substandard pay poor working conditions and uncertain labor contracts the result many pilots simply left ryanair now facing new pilot walkouts in some european territories over the holidays ryanair management recently announced it would finally enter into talks with unions the move worked in italy portugal and ryanair is home base of ireland where unions cancel strikes planned for friday pilots in germany weren't convinced however the union there said ryanair broke off schedule talks after objecting to two union negotiators the union say they won't strike on the christmas holidays walkout as soon as the twenty sixth a busy time for holiday travelers. looking elsewhere now one month after the ousting of longtime president robert mugabe zimbabwe is set to find a new direction for the country fast wants one of africa's fastest growing

o'leary? >> baba is not complaint with many institutions in america the accounting is questioned and i'm not saying -- >> because it's listed on an american exchange and fulfills the listing requirements. >> i understand. when it comes down to a full institutional weighting. those managers prefer to take amazon as a position this is a question mark that's still on top of the stock. i'm not -- i'm not saying anything i'm just telling you i know many managers that won't touch it, and you tell me oh, x, y, zier in earnings. okay, sure, but at the end of the day would i rather have the accounting that's implied in amazon or baba, i think i'm an amazon guy >> i'm going to agree with everything that has just been said, including, kevin, what is obviously true of what you're saying, but what i find interesting and what i'll add to the conversation is of the names on the list it's interesting they didn't go with something, maybe not apple, but something a little bit closer like an alphabet or where th

michael o'leary the chief executive has consistently spoken against trade representation for his pilotsw he's had this ongoing dispute with pilots, christmas is coming, clearly this is the worst possible time of year for them to have cancellations. he's basically read the writing on the wall. a remarkable u—turn given his record. a christmas miracle. he says he'll recognise unions as a way of getting an agreement with the pilots to get the planes back in the air because they do not want... something like 20,000 flights were cancelled in the summer, which was disruptive enough, people missing out on their holidays. people want to fly home for christmas and that is probably worse. i feel like you've almost burst into song, driving home for christmas. to the times, they lead on a different story. we looked at the times in scotland, the immigration story. in england, the times focusing on this rape case, which has fallen apart because of a load of evidence that never made it to the defence team casebook. it has opened up a whole issue about whether this is happening more widely. a road kick

sitting in with us kevin o'leary. it's great to have you what a treat >> thank you great to be here >> take a look sat u.s. equity futures this hour. yet another subdued session early in the morning after thin trading overnight both in asia and europe were they to open now, s&p would be up by six, dow up by 51, nasdaq up by 15. after the dow and s&p yesterday fell for the fourth time in five sessions no santa claus rally to be found. crude oil has been the big story this week. there was a pipe line blast in libya causing supply concerns. that drove the price through $60 a barrel for wti for the first time in more than two and a half years. those prices falling slightly this morning $59.62 is where we sit right now. brent down more than 1%. natural gas up slightly. >>> mr. wonderful and mrs. wonderful. are we allowed to say that you're not together, but that's -- were you watching before >> yes, i thoughtthat was a great tease. kayla is mrs. wonderful. she's terrific >> kevin's the original. maybe i'm lower case "w. >>

wonderful kevin o'leary.have a lot of fun stuff coming up here in "squawk" in just minute. >> so it's mr. and mrs. wonderful? >> mr. and mrs. wonderful. though i think they're both married but to separate people >> right, right. exactly. i was just giving kayla equal billing. either way, andrew, fantastic stuff. we look forward to "squawk box" coming up in just a few minutes' time >>> let's have a look in on what markets are doing before we leave you here on "worldwide exchange." positive for futures dow up 54 points the s&p up six points. coming off the slight declines yesterday. but fractional they were the nasdaq was down more down a third of 1% apple declined about 2.5% yesterday on fears of lackluster sales for the iphone x in terms of the other key market from energy yesterday. let's have a look at that. oil prices did jump about 2.5% yesterday in part due to an explosion in libya impacting supply today just pulling back a little bit 0.6% that is it for "worldwide exchange" this morning the team of "squ

company's thirty two year history to avoid a looming strike this holiday season chief executive michael o'leary once famously said that he would rather cut off his own hands than sign a deal with the union to bring wages up to industry standards now a major u. turn earlier at ryanair pilots in italy ireland portugal and germany have threatened to go on strike in a dispute over wages and working conditions and president donald trump may have pulled the united states out of the paris climate accord but that doesn't mean the people living there aren't taking action to stop the march of climate change one neighborhood in brooklyn is producing its own clean energy using solar power. a brooklyn neighborhood is testing one of the first micro grids in america lawrence orsini founder of l o three energy has watched it come to life the brooklyn micro-grid is our first project transactive energy project here in brooklyn so the idea is that as a person or someone who has generation on your roof whatever you produce in excess goes back on to the utility grid so instead of pretending that the utility grabs a

michael o'leary says the company will recognize pilots' unions as negotiating partners the move came after pilots in germany island portugal and italy threatened a wave of holiday season strikes they accuse the airline of systematically undermining labor rights. doesn't go in there yet bleakly confirming that we don't see any other way to fight for the wages of ryanair pilots now the airline is refusing to negotiate with those people wouldn't help it it's our it's come from us naaman wished to that. that means up with immediate effect passengers in germany should expect strikes due to our demands on ryanair which bikes patient list. on friday ryanair called on its pilots to drop their strike threats it says the airline's decision to recognize unions was taken to avoid disruption to customers during the christmas period. u.s. regulators have revokes no. neutrality rules that banned internet providers from giving preferential treatment to certain websites even if they were willing to pay for it the ending of net neutrality has enraged millions of internet users they've been protesting

company's thirty two year history to avoid a looming strike this holiday season chief executive michael o'leary once famously said that he would rather cut off his own hands than sign a deal with the union to bring wages up to industry standards now a major u. turn earlier at ryanair pilots in italy ireland portugal and germany have threatened to go on strike in a dispute over wages and working conditions now president donald trump may have pulled the united states out of the paris climate accord but that doesn't mean that people living there aren't taking action to stop the march of climate change one neighborhood in brooklyn is producing its own clean energy using solar power. a brooklyn neighborhood is testing one of the first micro grids in america lawrence orsini founder of l o three energy has watched it come to life the brooklyn micro-grid is our first project transactive energy project here in brooklyn so the idea is that as a prosumer someone who has generation on your roof whatever you produce and the excess goes back on to the utility grid so instead of pretending that the utility gr

. >>> shark tank's kevin o'leary, mr. wonderful.much winning and he's here on the markets, tax reform buybacks and no doubt to brag on the power lunch stock staff, we're going to abuse him stick around >> welcome back. here's what's on your power menu as we get closer to a signed tax cut bill will it be a case of buy the rumors sell the news mr. wonderful kevin o'leary will weigh in plus, is casual dining dead in the ceo of p.f. chang's is here on how to win on one of the toughe toughest games in town te build it up or tear it down? robert shuler weighs in and more democrats are calling for senator al franken to resign following sexual misconduct allegations. we will have the very latest from d.c. for you. i'm brian sullivan and the second half of "power lunch" begins right now >>> all right. back from the halftime break let's check the markets right now. major indexes marginally lower, no, marginally higher. no, marginally lower at this hour energy and telecom are lagging while technology leads to the extent right now microsoft, vi

terranova, jon najarian, carrie firestone and also onset is tony dwyer from toronto as well kevin o'leary, the chairman of o shares etf investments we do begin with the markets, of course stocks on the rebound as you can see, still tracking for five straight weeks of gains on optimism over tax reform that optimism sending the man to my right, tony dwyer, to raise his target for stocks in the new year to 3,100. now you're the top dog now was that the plan? >> no. that's marketing bs. no, that's marketing bs. it's more the methodology of how i get there. for the last six months i've said my 2,800 target for the s&p is too low because you had to implement the tax cuts but without a corporate tax rate, i have no idea what that is. so 21%, that adds 9% to the s&p earnings i'm at 140 for this year, was at 140 so now i'm up to 155 the market is trading at a 20 multiple why should that change so i'm assuming a 20 multiple. i'm too low for both, the multiple and the earnings. >> the 3,000 club is growing, seemingly by the day you get credit suisse bumping their target up. you had a couple of place

kevin o'leary? >> i love it takes advantage of the tax plan. >> and mike socrosoft, got t.can, above 70. >> our thanks to mr. wonderful insights and guitar playing. that's it for "halftime report." "power lunch" begins right now >>> and melissa, see you in a couple minutes welcome, everybody i'm tyler mathisen and here is what is on the menu. the tax timeline what exactly happens to your money and big business in 2018 we will break down which tax breaks stay. which ones go, and what it means to you and your portfolio. we will dig deeper on property taxpalooza as well plus, brewing up profits from the tax bill we'll find out why president trump's new tax law is a good thing for craft beermakers the ceo of brooklyn brewery is live in-studio and hope he brings some of his produce

the announcement is a major blow for michael o'leary, famously said he would cut off his own arms before he would work with unions. today is international migrants day. lagos, nigeria leads the world in urban migration. the make a city already has about 18 million people. it attracts thousands of new migrants every day. the population is putting the city under pressure. reporter: lagos, the place you go to follow your dreams, or at least in search of a better life. thousands of nigerians move here every day. one of them is nora. she came here eight months ago to sell children's clothes. >> this is a city of opportunity. there is not any concern. bring it on. people will buy it. reporter: the influx of people has left the city bursting at the seams. congestion is a huge problem. for many people, commuting takes up a large portion of their day. this ip specialist has to get up at the crack of dawn to get to work on time. >> the distance between where i stand and there is about 23 meters, but it sometimes takes about two hours to get there, more than two hours to get back home. reporter: la

our special guests yet again, kevin o'leary. welcome back >> great to be here. >> if you liked wednesday and thursday, you will love today. >> it just keeps getting colder every day. >> did you bring this from boston >> no, no, no. >> canada. >> canada's warm now you know, you saw the president tweeting today we have this whole reverse global warming, baby that's what we need. >>> also joining us on this final trading day of to 2017, j ter no terranov terranova. he plays a great guitar? >> it's called the mr. wonderful. it's built by fender i was a shareholder in fender for years and i made no money. >> joe, was he actually playing the guitar >> he was. >> this wasn't a milli vanilli situation? >> no. no >> billy gibbons, the zz top guy, who i'm in awe of as a rocker tweeted me and said hey, hey, not bad, but you're leaving a little on the e chord. he's an investor he watches cnbc. >> this is good. >> joe, we're excited to have you. thank you for getting up early on a holiday week. the last day of trading for 2017 let's tell you

so for years, michael o'leary had said he will not basically recognise unions, he won't let pilots negotiategh unions. and he was saying it only on tuesday, when a press release came out from the company saying we will not recognise unions. and then this morning, out of the blue, they basically did an about—turn and said, ok, we've changed our minds. we will recognise unions under some circumstances. why have they done that? well, they're facing industrial actions from pilots, a strike in ireland, and in portugal next week. you may remember that they have had problems with pilots before, ryanair. it was not that long ago that i was standing right here telling you about the 20,000 flights that they had to cancel all across the winter, because they messed up their pilot roster. well, that affected 700,000 passengers, people who had to rebook flights or make other plans. and so what about that strike next week, on wednesday? well, there is a bit of a twist tonight with that. so the union has said that they are happy to call off the strike, but they want to meet rya nair first. they're not going

airline's thirty two year history to avoid a looming strike this holiday season chief executive michael o'leary once famously said that he would rather cut off his own hands and sign a deal with a union to bring wages up to industry standards now in a major u. turn he has to invite pilot representatives for talks for years ryanair pilots in several countries have been demanding recognition of their unions. my colleague then does it and takes a that from me at the business desk so now it's back over to amrita thank you your weekend has begun but i'll be back with you in half an hour with more news and information to join if you can and. the laundry guy international talk show for journalists discuss the topic of the week is donald trump's decision to recognize to resume is israel's capital a diplomatic disaster or good a job the long dormant peace process back alive that's our topic on this week's federal gov't join us. quadriga next on d w. one hundred and forty years ago now an exhibition celebrates a life created by. including works on public display in the first time a new perspective of eve

it won't have been an easy decision for michael o'leary to reach but i think they finally recognise theynd a better position. but this offer to recognise unions comes with strings attached, ryanair says it will only recognise unions if they work exclusively for the airline so pilots with a rival carrier would not be allowed to negotiate with ryanair. they would form a ryanair company council and they would work with union officials and their negotiators and we would work together with them to try to come up with a collective agreement. what we don't want to get involved in is a british airways pilot who could be a potential competitor of ours negotiating on behalf of ryanair pilots. if this offer from ryanair works, it could put thousands of passengers' minds at ease as they plan their christmas holidays. but whether it will improve the airline's overall reputation, is as yet unclear. joe lynam, bbc news. our top story this lunchtime: the brexit talks can move onto the next stage. eu leaders in brussels agree sufficient progress has been made. and coming up — nasa discovers a whole new s

the woman has been identified as marcia louise o'leary.no word on what caused her death, but it is not considered suspicious. (pam) another big story tonight: a senior living community in san jose .... just gave eviction notices to its 80- elderly residents this week. this is happening at the atria chateau gardens... supporters of the seniors say, it is a staggering number of people with special needs ... who now need a place to live. kron four's spencer blake reports on áwhy the tenants are being forced to move. the eviction notices arrived after the property owner, westlake realty group, decided not to renew its long- news. kron four spencer blake, in san jose, live. in san jose, spencer blake, kron four news. ( steve ) a live look outside tonight (pam) brittney has the forecast.. little change in the weather is expected through the end of the workweek. a weak trough will pass north of the golden gate on saturday keeping the best rain chances closer to the oregon border. longer range trends suggest dry and cooler temperatures over the we

thomas driving looks like o'leary .. matt dozes off joining paul in his slumber. chris doesn't like the silence. good thing matt is awake when a little after 2:00 a.m. the text arrives on his phone from another car for the janesville gypsies up ahead. while marker 28 cup and the median. 9 miles later, no lake tickets, can afford to. the longtime mac i pulled over he told the officer the truth, he worked in fort wayne during the week and was driving home. he guessed he was a little bit excited to get there and see his family. the cop said he could understand and let them off. they pack the chrysler plant when they get to rockford he says, the home stretch. will be in the driveway in 20 minutes. were nearly home. paul continues his gentle snores. the 241 janesville time chris gets philosophical about spending his workweeks in fort wayne. funny how we count time. i count how many christmases i have to spend there. he's coming up on 27 years on august 17, 1986. when the last day came on december 23, 2008, chris is at the plant shooting video with a digital camera. his

our special guest, "shark tank's" very own kevin o'leary >>> sox in the u.s.ay's gains so far this morning, albeit on very low volume yet again today s&p 500 would open up more than one point, dow opens up about 36 points the nasdaq opens up 30 points. this is on the back of mixed to lower trading across europe, though asia was mostly higher despite a late afternoon selloff in the nikkei. take a look at where we are, the ftse 100 is the only major average in europe that is positive, up by about 0.1% germany, france, italy and spain all marginally lower finally let's look at the ten year fairly stable throughout the week we have been at 247, roughly yesterday, now we're at 243 so yields dipping just slightly and we will see where we go to end out 2017. >> we have other news for you this morning i don't know if you saw the real news is how many calories that frappuccino had. >> how many? >> regular frappuccino 240 that one might be steeper. they didn't put the number on it. >> if you're talking about under 2000 to try to keep your weight under control, i'm count

our special guests yet again, kevin o'leary.k >> great to be here. >> if you liked wednesday and thursday, you will love today. >> it just keeps getting colder every day. >> did you bring this from boston >> no, no, no. >> canada. >> canada's warm now you know, you saw the president tweeting today we have this whole reverse global warming, baby that's what we need. >>> also joining us on this final trading day of to 1

our special get for the morning yet again kevin o'leary. we didn't scare you away yesterday.ou back for more mun u fun. >> i learned a lot it teaches me about the left wing >> i got texts and tweets after our conversation at the end of the show >> so did i. >> about entitlement reform and estate tax. >> yes, it went a little viral i'm glad you are learning from in. >> i'm learning from you >> you know what role are you play zplg i am trying to be the right wing voice of reason that's it. >> i want to say mr. and mrs. wonderful have gotten the outfit right today. >> you look like

. >> was kevin o'leary as scary as it seems? >> he is, but also not at the same time.t first. but then he makes sense. they cut out the parts where he makes a lot of tense. >> fair enough. and last question, i know you you can't tell us if you got a deal or not, but are you pleased with your experience? >> i have to say it was such an incredible experience. it was really great meeting all the sharks. it was a once in a lifetime opportunity. >> very cool. logan riley, thanks for joining us. >>> this weekend, you can make sure to watch shark tank right here on abc 7. >> this is a cool device. >>> this weekend's fiscal cmis california will feature one like no other. one of 100 women vying for the title, but the only contestant tant with cancer. andrea has stage three colon canc cancer. doctors gave her between six monthses and two years to live. >> every single day is a struggle and you have to live it day by day. at the end of the day, i'm just going out there wanting to do it. even if i don't win the crown, it is okay. at least i can do it and it's a once in a life time