. >>> let's check on the top corporate stories with silvana henao. silvana, good morning. >> dom, good morning. welcome back to us all. dom, here is good news. goldman sachs lowering the outlook for the u.s. sliding into recession. the bank says it sees a 15% chance of that happening. down from the previous 20% forecast. goldman sachs says cooling inflation and continued strength in the labor market suggests the fed theral reserve may not need raise rates further and policy drag could be gone by early next year. >>> president biden throwing his two cents into the potential strike by workers at the u.s. three largest oughtautomakers. the president does not think it will happen. the united auto workers union says members are prepared to strike if the agreement with ford and gm and stellantis is not reached before the current contract expires next thursday. >>> and tesla deliveries of the chinese vehicles raising by 9% in august from a year ago. data revealing that the ev maker delivered more than 84,000 vehicles from its shanghai plant. this coming afte

. >>> time to get a check on the other top corporate stories with silvana henao. silvana. >> frank, good morning with less than a week to go, moody's is speaking out about a possible u.s. government shutdown the creditays if it comes to pass, it could lead to a negative outlook and potentially a downgrade as well as provided of further evidence of political thepolarization is effecting the policies this comes after fitch downgrade the u.s. in august and s&p downgraded in 2011. >>> ford is pausing the work in michigan on the ev battery plant. they have not said if it is due to the uaw strike. the company says we are going to limit spending on construction until we're confident about our ability to competitively run the plant. this coming as president biden plans to meet with striking workers in detroit today ford was planning to operate the plant in partnership with chinese based catl the largest ev battery maker shares falling in overseas trading. >>> and neel kashkaris into they moves. kashkari told the event attendees if the economy is much stronger than we reali

our silvana henao is here with those this morning good morning to you. >> good morning to you, thank.po's klaviyo prices ipo at $30 a share. the stock will begin trading at the new york stock schainch today under the ticker kvyo with blackrock and a.b. bernstein agreeing to buy up to 100 billion shares and intel following fresh comments from pat gelsinger telling cnbc yesterday he's wanting them to bring back margins. >> overall we've shown great financial discipline on cost savings, beaten rates as we've gone through the year. we're feeling the momentum in the marketplace. this is an expensive jjourney. we've invested a lot, lowering the margins, consistently bringing back what we've committed on the streets i'm feeling good about every aspect of the execution and financial performance. >>> this follows a warning from intel on data center chip demand inventory processors is taking longer than expected to clear and the recovery of that business may be delayed. >>> and elon musk's brain startup is recruiting patients for its first human clinical trial with the goal of giving people the

. >>> time for a check of the top corporate stories with silvana henao. silvana, good morning. >> frank, good morning. let's kickoff with the developing story and one that is 143 days in the making. sources tell cnbc that writers are in a deal to end the strike after face-to-face meetings yesterday. according to people close to the talks, both sides are set to meetagain today to finalize a deal, but if they fail to do so, sources say the strike could last through the end of the year. >>> sticking with labor talks. gm has idled a plant in kansas city and laid off 2,000 workers blaming negative ripple effects from uaw workers at the missouri plant. the move by gm follows similar moves from ford and stellantis since the strikes began friday. now this as stellantis delivered a new proposal to the uaw yesterday. one union leaders are reviewing. the detroit's big three have until noon tomorrow to make serious progress before the uaw expands walkouts. >>> shares of fedex are popping in the pre-market. up 5% now. the company topping eps estimates and raising full-

let's check on the other top corporate stories with silvana henao. silvana. >>> dom, good morning. a merger monday possibly on tap. hostess brands is closing in on is selling to jm smucker for $4 billion to $5 billion. that would be the end of the turn around story for twinkees and zingers and more after two bankruptcies. one in 2004 and 2012 and then for a stretch where it took twinkies off the market. it is up in the early morning hours. >>> and alibaba's outgoing ceo daniel zhang will step down on the cloud business as well. the news came after his role as chairman step down to concentrate on the intel unit. alibaba says the ceo eddie wu will take over the duties ahead of the public offering for the business. >>> instacart is getting set to kickoff the ipo road show today. the company is aiming for a market value of $8.6 billion and $9.3 billion. a far cry from the nearly $40 billion valuation in 2021. instacart is expected to start trade on the nasdaq under the t ticke er c-a-r-t, dom. >>> thank you, silvana. we are looking at the cpi report due out on wednesday and it is expec

. >>> time for the check on the top corporate stories with silvana henao. silvana, happy friday. >> frank, happy friday. the apple and china story. the foreign ministry making comments around the matter responding to u.s. lawmakers claims that china's iphone ban aims to limit u.s. companies. the products and vservices are welcome as long as they abide by the chinese regulations. >>> and dallas fed president said it could be appropriate to skip the september rate increase, but it is likely to get inflation down to 2%. skipping does not imply stopping rate hikes. the comments followed those from fellow fed president john w williams who said inflation is in a good place. >>> s.e.c. has launched an investigation into ryan cohen over his trades and communications and officers at bed bath & beyond. cohen pushed for changes to the company's sales strategy before selling his 12% stake in august of that year. that is just days after tweeting positively about the company. frank, that investment yielded cohen a $60 million profit. >> a lot to unpack right there. ryan p

. >>> time for the check of the top corporate stories with silvana henao. silvana. >> frank, good morning. three weeks into the walkouts and striking auto workers are prepared to expand more. at 10:00 a.m. today, uaw president shawn fain is set to address members on the facebook live and just like last week where he doesn't see enough progress, he will call for expanded strikes at 12:00 p.m. eastern time. union officials made new propositions to stellantis yesterday and in active talks with ford and gm. >>> and nike reporting the latest quarterly results after the close, the company falling short of wall street sales estimates for the first time in two years, but beating on earnings and margins. nike maintaining the outlook revenue growth in mixed single digits. >>> after a wild ride for the stock yesterday, gamestop is being watched after the email sent to corporate employees and store leaders where ryan cohen says frugality is needed. his firm remains the largest shareholder at north of 12%. frank. >> another twist for this meme stock. it never ends. silva

government. >> emily wilkins, thank you. >>> time for the check on the top corporate stories with silvana henaong strike by uaw potentially set to expand. uaw president shawn fain is set to address members tomorrow morning and could announce new strike targets if there is no progress with ford, gm and stellantis sti >>> sticking with strikes, the hollywood strike talks are resuming the two sides will continue to come together monday. >>> shares of micron dropping ahead of the open. the chip maker expects a loss of $1.07 for the first quarter compared to the 95 cent loss forecast by analysts micron reporting a narrow loss for the fourth quarter as well as revenue that came in ahead of expectations the ceo sanjay mehrotra will have more in an interview at 9:30 a.m. today. >>> and delta says reaching a higher status oraccessing airport lounges was more exp expe expensive. the ceo ed bastian said they will move to overhaul the program. >> a lot of people were upset about that i know >> i think he was trying to say we went too far. >> if i'm not getting the points. >> everyone on social media was ou

. >>> let's get a check of the other top corporate stories with silvana henao. silvana. >> seema, good morning. it is coming down to the wire. united auto workers union making a final preparation to strike against ford and gm after contracts expire at 11:59 p.m. tonight. uaw president sean fain ruling out an extension. saying the walkouts are limited and offering to expand. gm says it continues to bargain in good faith and is making progress in key areas. we are wa-- >>> we are watching shares of hp. berkshire sold 5.5 million shares of hp since accumulating a 12% stake in the company last year. the move coming after hp lowered the profit forecast during the most recent quarter due to a slump in pc and china demand with shares down 19% since berkshire disclosed its stake. >>> and x, formerly known as twitter, is agreeing to try to settle the lawsuits over mass layoffs. bloomberg says nearly 2,000 former employees are accusing x of multiple labor and workplace violations during the $44 billion takeover deal. last year, the lawyers for employees say x has failed to

. >>> time for the check of the top corporate stories with silvana henao. silvana. >> frank, good morning the ipo rush set to continue today with instacart pricing the nasdaq offering at $30 a share the top end of the range the deal values the company at $10 billion. that's a massive haircut from the $39 billion valuation in 2021 instacart is profitable generating $114 million in net income last quarter. that is up from $8 million a year ago don't miss instacart's ceo live here on cnbc later today >>> the united auto workers union will strike at additional ford, gm and stellantis plants if serious progress is not made by friday. shawn fain posting this message on x late yesterday. >> we're not waiting around and we're not messing around so noon on friday, september 22nd, is a new deadline. either the big three get down to business and work with us to make progress and negotiations or more locals will be called on to stand up and go out on strike >> the expanded strikes would expand the walkouts beyond the 13,000 workers currently and come one week since talk

. >>> time for a check of the top corporate stories with silvana henao. silvana, good morning. >> good morning, frank. google is looking to crackdown on election ads containing a.i. content. the company said starting this november, it will require election advertisers to disclodisclose when an ad contains altered content. this moves comes as the federal election commission is addressing a.i. ahead of the presidential election. >>> instacart is preparing to set a price range for the ipo in the coming days. bloomberg reports that along with the start of the investor road show could come monday. the report ads the online grocery company is considering pricing its listing september 19th with trading starting the following day. >>> texas power grid operator triggering emergency operations on rolling blackouts as the state faces soaring temperatures. the agency marks the first since the deadly winter storm two years ago. ercot called off all emergency measures, but temperatures are set to reach 110 degrees today and tomorrow. >> we hope we don't experience disru

silvana henao is with us. >> birkenstock officially filing for its ipo right here in the u.s. shoemaker plans to issue stock under the ticker birk. it did not say how many shares it would list. reports suggest that the ipo could value birkenstock at more than $8 billion. >>> shares of virtu financial under pressure after the head announced its suing the company. the agency is accusing the broker leader of giving misleading statements and leaking out information over protections of potential misuse of customer information. virtu handles markets in the u.s. >>> and the holiday shopping season looking like it may be a little less jolly this year. bain is forecasting a 3% increase. it expects shoppers to pull more shopping around october during the main sales event. a bigger optimism from deloitte. it expects retail sales to rise from 3.5% to 6%. >> my take is they've got it all wrong. if you want people shopping, don't put christmas stuff out in september. we saw halloween stuff out with go back to school. >> it's too much. >> supply and demand. pull back on supply, more on deman

the headlines with silvana henao. >>> the georgia election case is splitting up. the judge ruled against the district attorney to allow sidney powell and kenneth chesebro to separate their trial from 17 other defendants. this means the former president won't go to trial in october. officials say a luxury cruiseship was pulled free today by a fishing boat in green land. the ocean explorer, carrying 206 passengers, got stuck on monday. the company who owns theship said no one was injured and no pollution to the environment. >>> for the first time in history there will no longer be an age limit for miss universe pageants. the change will take effect in 2024. contest enters will still have to be 18 to compete but no longer will age out at 28. scott, back to you. >> that's silvana henao. >>> delta hitting new head winds. jim owns it. we'll get his take next. rk seamlessly around the world... you need more than technology. you need cdw who can help transform your organization with built for performance lenovo thinkpads. pre-configured for management flexibility and equi

our silvana henao is here with those. good morning. >> frank, good morning. ta taiwan's semiconductor the latest company toway in on arm's ipo. it will decide whether to join in. apple and nvidia are the companies showing interest to buying up $75 million worth of shares. the ftc is reportedly gearing up to file a lawsuit against amazon later this month. this according to "the wall street journal" which says the potential move comes after the e-commerce giant's lawyers offered no concessions and talked with agencies last month in search for a possible sentiment over antitrust claims. it will target a number of amazon's business practices including its fulfillment logistics program and pricing by third party sellers. and philip jefferson's confirmation taking a critical step forward. the senate voting overwhelmingly to clear the way for its confirmation with a closure vote marking the next to last step in the process. final approval of jefferson is expected later this week, frank. >> it's certainly a story to watch. changes in the fed. >> oh, we sure will. >>>

con las tasas de interÉs mÁs alto desde 2007 el momento de comprar un coche silvana henao denuncia cadenaprecio de un carro usado ha subido un quality 5% a un promedio de 29.000 dÓlares en los Últimos cinco aÑos las tasas de interÉs para este tipo de prÉstamos estÁn en un promedio de 7% al 8% eso es un aumento de alrededor del 5% para un automÓvil usado en este mismo tiempo entonces, cÓmo cuidar su bolsillo y tener una buena experiencia cero frente empiece por conocer su presupuesto familiarÍcese con los nÚmeros tenga en cuenta de que no es sobre el pago mensual tambiÉn estÁ la gasolina, el seguro y cargos de mantenimiento, busca un prÉstamo antes de entrar al concesionario mucha gente piensa que la Única forma de financiar un automÓvil es a travÉs de ellos pero eso no es cierto, trate de hacer el mayor pago inicial que pueda ya que son reducir el monto total del prÉstamo y su pago mensual y con las tasas de interÉs tan alta lo Único que puede controlar es reducir el monto del prÉstamo que obtiene, conoce a alguien que ven un vehÍculo ? considere si alguien en su red estÁ vendiendo su aut

. >>> to the headlines with silvana henao. >>> the u.s. is calling on azerbaijan to protect the rights of civilians the armenian foreign ministry said more than 13,000 people have arrived in armenia from a separatist region after azerbaijan launched an offensive last week. at least 20 people were killed and nearly 300 wounded overnight in a blast at a gas station 20 miles from the region's capital. >>> seven candidates have qualified for the second republican presidential debate former arkansas governor asa hutchinson is the only candidate who didn't make the cut after the first debate former president donald trump has once again opted out and will hold campaign events in michigan >>> nvidia reached a $1 trillion valuation and is returning to its roots by throwing a party at denny's in san jose. that's where the founders launched the company 30 years ago, scott >> silvia, thank you that's silvana henao with the headlines. >>> up next, two bullish calls on the only positive sector this month. we'll see where the committee stands on that tra

soy silvana henao y este es tu informe para telemundo >>>los programas una huelga es una posibilidadciar una protesta contra cualquier fabricante de automÓviles que no llega un acuerdo tentativo cuando los contratos expiran a las 11:59 14 de septiembre >>> pagarÁ trabajadores de tienda menos de los que desembolsÓ hace 3 meses, segÚn documento dÍgitos el cambio que entrÓ en junio trae coherencia en el pago por hora en la ciudad dijo la portavoz y dijo que no es reporte salarial para los empleados actuales y salario mÍnimo se mantendrÁ en 14 $ por hora, walmart es el empleador mÁs grande del paÍs >>> (....(, instalan 20 cargadores para vehÍculos elÉctricos en 2000, noticias de mÉxico, estados unidos y canadÁ se percaten terminada en 2025 >>> esto es el informe para telemundo >>> que tal bienvenido al palco deportivo, se aÑos bien los deportes que sea feliz que gente pudiera conseguirlo pero ahora recordÉ los atletas son impresionantes >>> por ejemplo hoy en el partido de eliminatoria terminÓ con goleada decir por unos debutÓ con la roja, llegÓ al minuto 44 ciento en el jugador mÁs jove

silvana henao is here. silvana. >> happy friday, frank. a lot of moving pieces today. first up is the clock is ticking toward the uaw deadline today for the serious progress for ford and gm and stellantis on contract negotiations for the 150,000 members. 13,000 are on strike currently. in a statement last night, gm has put five offers in front of the uaw says it is now clear that the uaw leadership has always intended to cause months long disruption. uaw leadership needs to put the members ahead of the personal agendas. gm has put five offers on the table. >>> and now no deal yet with the hollywood writers after both sides were closing in on agreement. taking part in the negotiations yesterday were a group of ceos including bob iger and david zaslav and donna langley. >>> and house speaker kevin mccarthy is hitting a dead end. sending house members home after not coming to agreement yesterday. they are preparing for a shutdown, frank. >> silvana, thank you very much. we will see you later on. >>> turning back to the markets. looking at futures right now which are point

. >>> time to check on the corporate stories with silvana henao. silvana. >> frank, good morning. uaw slightly lowering its demand for pay increase to 36% from 40%. sources tell auto news and others the union is now asking for a series of wage hikes over the next five years starting with the pay boost of 18%. raises would alternate between 4% and 5% annually. gm, for d and stellantis have until midnight on friday to reach a deal. >>> sticking with the summer of strikes, fast food workers in california are set to get a minimum wage of $20 an hour. unions and the restaurant industry reaching a deal potentially killing a referendum to be on the ballot in 2024. under the agreement, workers with chains at least with 60 locations nationwide must be paid $20 an hour by april. california minimum wage is set to rise to $16 an hour in january. >>> shares of oracle dropping. first quarter revenue missing forecast and the company is now projecting sales this quarter to fallbelow estimate. cloud revenue did rise 30%, but that's slower than in previous quarters. chairman larry ellison is toutin

. >> silvana henao has the headlines. >>> scott, a federal court threw out alabama's proposed congressionalled the current map diluted black voting power in the state. the panel of three stayed the latest map from alabama's republican-led legislature did not comply with orders to create a second majority black district. they order the next map be independently drawn. jury selection is under way this morning in the trial for former president donald trump adviser peter navarro who faces contempt of congress charges for ignoring subpoenas. a judge dismissed the attempts last week to drop the charges when he claimed the president issued executive orders. the capitol doctor said senate leader mitch mcconnell's health episodes show no evidence of being strokes or seizures. he froze up during a press conference, the second time in as many months he froze up while speaking in public. scott? >> thanks. >>> our "calls of the day" with one stock off 30% from its recent high. one analyst thinks the bad news is bak iedn. we debate it next. me, but at fisher investments we're clearly different. (other mo

i'm silvana henao with your cnbc news update. bob menendez pleaded not guilty this morning, facing corruption charges that allege he and his wife accepted hundreds of thousands of dollars in bribes in exchange for his influence. both he and his wife entered not guilty pleas at their arraignments. the three other co-defendants in the case also pleading not guilty. >>> late night shows are coming back following the end of the screenwriters strike. jimmy fallon, stephen colbert, jimmy kimmel and seth myers who airs the podcast to support the writers during the strike signed off with their last episode saying "late night five" signing back on. former san francisco 49ers quarterback colin kaepernick is offering to join the nets practice squad. in a letter to the jets, kaepernick did not ask to fill the starting spot, he would join e am practice squad. "halftime" is back after this. >>> our senior markets commentator, mike santoli, i want your reaction to something that just dropped from mark kolanovic who has been defensive, as we all

. >>> time now to get to our update, the headlines with silvana henao. you. >>> the new york attorney general named donald trump on her prospective witness list. the former president is expected to be called to testify along with his children, bankers, accountants and current and former trump organization employees. trump's defense team has a list of 127 fact witnesses, that is expected to be challenged by both the prosecution and the judge. >>> the hawaiian electric ceo testified this morning at the first congressional hearing on the maui wildfires. the company leader defended the company's decision not to de-energize power lines saying it was not part of the utility's protocol. the decision was made even as hawaiian electric was preparing for winds of more than 60 miles per hour that spurred the deadly fire in historic lahaina. >>> and the senate unanimously passed a new dress code resolution bringing business attire back. senate majority leader chuck schumer chose to stop enforcing the unwritten code and senator john fetterman's sweatshirt made headli

let's get the headlines with silvana henao.ervices firm cantor fitzgerald donating all global revenues from trading today to those who died in the 9/11 attacks. the company lost 658 employees during the attacks and launched this donation day shortly after. cantor fitzgerald is hoping to raise between 8 and $12 million. the firm inviting celebrities and guests to help brokers complete transactions and raise funds for charities. this year's appearances former about the bill cljts, charlize theron. >>> the spanish football federation chief quit his job. he said his position had become untenable after widespread outrage. the decision after the player lodged a criminal complaint for sexual assault and coercion. >>> drew barrymore planning to bring back her talk show amid the writers strike. a spokesperson says the fourth season will premier next week produced without literary materialo ep i tken line with the strike. "halftime report" returns after this. at pgim we can help you rise to the challenges of today, when active investing

our silvana henao is here with those. good morning. >> good morning to you.ly 150 days, the hollywood writers strike is officially over. the writers guild of america voting unanimously to lift the restraining order on members after reaching the deal with studios. the agreement which lasts until may 2026 includes a 5% minimum pay increase upon approval along more pay bumps over the next two years. it adds that ai cannot write or rewrite literary material and ai generated material will not be considered source material. >>> cofounder and chief product officer of peloton is leaving the company after nearly 12 years. he'll be replaced by nick caldwell who previously held leadership positions at twitter, google and microsoft. >>> and the u.s. banking industry seeing a major first, s&p global revealing the industry's total deposits cleaned year over year for the first time since going back to 1994. that's down nearly 5% to just over 17 trillion. s&p says charles schwab saw the largest decrease, and that's primarily due to outflows from br brok brokerage acts, frank

i'm silvana henao with your news update. the gop impeachment inquiry into president biden is under way this morning. the house oversight committee is hearing evidence into allegations the president improperly helped his son or profited off his business dealings. the white house has repeatedly rejected the claims and released a 15-page memo rebutting them last night. >>> the u.s. soldier who intentionally ran across the border into north korea in july is back on american soil. travis king landed in texas overnight, just a day after the isolated country said it would expel him. military officials say king was taken to an army medical center following his arrival to help with his adjustment back into the u.s. >>> and actor michael gambon known for his portrayal of dumbledorf in six of the eight "harry potter" movies died. his family says he died following a bout with pneumonia. gambonn who was united by queen elizabeth ii, was 8 2 years old. back to you. >> thank you. >>> i am here at delivering alpha conference in new york cit

. >>> a news update wil silvana henao. >> good morning. here's your cnbc news update at the hour. charges come after a year long corruption probe into whether the powerful senate foreign relations chair and his wife improperly accepted cash and gifts. menendez's office did not immediately nbc's request for comment. this is his second indictment since first elected to the senate in 2006. his other trial ended with a hung jury. >>> ukrainian officials say 13 people were injured in a russian attack on a town near ukraine's eastern front early friday. the attack came as ukraine's military announced its forces successfully hit the headquarters of russia's black sea navy in crimea. russia's defense ministry said one service man was missing after the attack. >>> and the biden administration announced new regulations that would wipe medical bills from credit reports. the consumer financial protection bureau estimates one in five americans have medical debt on their credit reports. lower credit scores can limit options for housing, loans and credit cards. carl? back to you. >> thanks. >>>

i'm silvana henao.ears ago on the worst terror attack on u.s. soil. vice president kamala harris voinds a ceremony which featured a reading of victims' names and president biden will take part in a ceremony on a military base in alaska. >>> north korean leader jim cong will travel to moscow as russia continues its invasion of ukraine. any deals would violate multiple united nations security resolutions. >>> m kilauea volcano on hawaii's big island is erupting after nearly three months of quiet. hawaiian officials say the lava does not pose a threat to nearby communities but the particles and gas from the eruption could cause breathing problems for sensitive people. >> thank you. >>> take a look at some of the stocks in the media cable ecosystem. this is going to be win-win and in saying that i'm talking about, of course, a report we brought you at the top of the hour that charter and disney unexpectedly are nearing a deal in which the disney networks would return to service on the charter for video dist

. >>> let's get a news update in the meantime with our silvana t henao. >> consulting firm mckenzie agreed of dollars to settle lawsuits. the settlements with hundreds of local school districts still needs approval from a judge. they accuse mckenzie of helping opioid manufacturers design deceptive marketing materials that boosted sales of the dangerous drugs. the money is on top of $641 million mckinsey already paid to resolve claims by states' attorney generals general. >>> hyundai and kia are recalling more than 3.4 million cars and suvs because theirs engines could catch fire. the recalls cover models between 2010 and 2019. there's an issue about leak that could start a fire when the vehicles are parked or being driven. the owners of the affected models are being asked to park outdoors and away from their homes and other buildings until repairs are done. >>> and astronaut frank rubio returned to earth this morning after being in space just over a year. during his extended stay at the iss, rubio broke the record for the longest u.s. space flight. >> he was there for 371 days. >> wow. ama