teamsters say the self-driving vehicles are not ready to be on the roads just yet.a recent statement, the chief executive says it's the top priority. >> certainly, a lot going on this midday. >> i'm laura garcia, and i'm marcus washington. it's just confirmed out of the last few hours, the number of americans confirmed dead has increased to 33. this is according to secretary of state antony blinken. 11 americans remain unaccounted for. and so far, more than 7,000 people have died in the war. >> it was another violent day of attacks overnight. israel escalating its bombardment in the gaza strip. this is ahead of an expected ground invasion against hamas militants. the biden administration is asking to hold off on the operation in more humanitarian aid can be delivered and more hostage negotiations can take place. this all comes as hamas has released two more hostages, 85-year-old yocheved lifshitz and nurit cooper. >> nbc news' jay gray is following the developments. >> reporter: less than 24 hours after her release, we're hearing from an 85-year-old grandmother bein

are moving higher those are still down 20% since announcing a tentative agreement with the teamstersr q3, revenue is forecast to decrease by 11% and earnings are expected to drop by 50%. top of mind for investors is guidance for the next two quarters last season, it revenue guidance with the teamsters deal margins with estimates for the core u.s. business at 4.4% compared to 11% a year ago joining me to discuss is the transportation research analyst at bernstein dave, good to have you here. >> hi, frank >> how do you think that will impact the stock if it is able to meet that margin estimate >> you already highlighted what happened to the stock with the third quarter number stock has been weak. what u.p.s. did when they negotiated with the teamsters is pull forward several years of inflation into the first year. it was important to get membership paid up front the rate of inflation moderates as we move forward and this cost hit at a time when u.p.s. was looking at shipper concerns about the upcoming strike and gearing up for peak season you end up putting a slug of inflation on lower

put people over robots as teamsters and labor allies sending a message and appearing prophetic. today, they held a demonstration in san francisco demanding the regulation of robo taxis. about an hour later, cruzes driverless permits were suspended. and ktvu brooks jarocz joins us now live from san francisco with reaction and how cruz is responding. brooks is this move by the california department of motor vehicles means this long line of cruz cars that's sitting behind me here will not be rolling anywhere unless there's a human driver behind the wheel. well, you. cruz will lose cruz will lose. consider it a timely foreshadowing. teamsters gathered outside cruz headquarters in san francisco calling for the self-driving car company to address safety concerns as actual people behind the wheel would oppose. and the brain that know how to maneuver in sticky situations actions these cruz vehicles are dangerous on our streets. and now the california department of motor vehicles agrees, saying the autonomous vehicles are not safe for the public's operation. and suspending cruz's robo ta

teamsters are rallying in san francisco today. they want city leaders to impose more regulations when it comes to the autonomous cruise cars on the streets and the warriors are taking on the suns tonight in their home opener chris paul gets ready to make his warriors debut. >> from the area's local news station, you're watching the kron. 4 morning news >> good morning and thanks for waking up with us on the tuesday. we've got some clouds to get out of this hearing. i'm daria and i'm james. yeah, john been tracking it for us this morning. >> it doesn't look to foggy here in shot that there are few sfo, john, where there is fog. i just yeah. yeah. they do have delays. there's about a 38 minute delay on arriving flights. yeah, you know, and that fog look at we were worried about this. i know it. it is very dense out there. it's kind of hanging out just above the surface. can see the tarmac. >> but doesn't matter. you got a flight to that foggy layer regardless. and that just means those delays. well, james, thanks for checking on tha

teamsters in san francisco. testament to vision and tireless efforts. but extends, he serves as officer on teamster 7 representing the [indiscernible] throughout northern california and northern nevada. his role on the council involves spear heading initiatives from union organizing to major labor contract negotiations all while tirelessly championing outreach on behalf olf working men and women. in recognition of his unparallel dedication, tony appointed as the nlsh einternational bruthser hood teamter director of parking in the united states. underscore remarkable influence in the labor movement nation wide not just san francisco. also for front of the autonomous vehicle debate at ta earlier today and i know he's very happy and will be celebrating later today if he hasn't started already. demanding public safety assurance and working protection as we adapt to new technologies. in 2023, tony commitment to serving his community lead him to a new platform. he joined a winning state of [indiscernible] to represent

teamsters in san francisco. testament to vision and tireless efforts. but extends, he serves as officer on teamster 7 representing the [indiscernible] throughout northern california and northern nevada. his role on the council involves spear heading initiatives from union organizing to major labor contract negotiations all while tirelessly championing outreach on behalf olf working men and women. in recognition of his unparallel dedication, tony appointed as the nlsh einternational bruthser hood teamter director of parking in the united states. underscore remarkable influence in the labor movement nation wide not just san francisco. also for front of the autonomous vehicle debate at ta earlier today and i know he's very happy and will be celebrating later today if he hasn't started already. demanding public safety assurance and working protection as we adapt to new technologies. in 2023, tony commitment to serving his community lead him to a new platform. he joined a winning state of [indiscernible] to represent

we think about the teamsters. you think about the teamsters and ups. you think about the west coast ports, right? we see that play out. so it is important that we see that continue. the treasury department laid out recently a major report that unions and collective bargaining are good for the overall economy and help raise wages for everybody, whether they are a union member or not. and i think that matters. >> would you consider joining them on the picket line if they strike? >> i do not have anything else to share in the president's schedule. what i can say is that this, when we see this type of collective bargaining, when we see this type of, you know, the report that i just laid out, when unions and unions do collective bargaining, it actually helps our economy overall and it raises wages. and i think that's important for all, not just union members, also non union members. >> and a couple of days ago, looters were terrorizing businesses in philadelphia. what is the white house doing? -- doing about that? >> obviously in a coordinated theft and van

coming up on the kron 4 morning news. >> teamsters are getting ready to rally in san francisco askingnt more regulations when it comes to autonomous cruise cars. explain why they're rolling out rules. why they say rolling out new rules would help make safer. [♪♪] did you know, sweat from stress is actually smellier than other kinds of sweat? that's why i use secret clinical antiperspirant. it provides 3x stress sweat protection. danielle? [♪♪] secret works. [♪♪] try killing bugs the worry-free way. not the other way. zevo traps use light to attract and trap flying insects with no odor and no mess. they work continuously, so you don't have to. zevo. people-friendly. bug-deadly. moving forward with node- positive breast cancer is overwhelming. but i never just found my way; i made it. and did all i could to prevent recurrence. verzenio reduces the risk of recurrence of hr-positive, her2-negative, node-positive, early breast cancer with a high chance of returning, as determined by your doctor when added to hormone therapy. hormone therapy works outside the cell... while verzenio works in

hoy el sindicato teamster que representa a más de mil trabajadores de las universidades estatales del csu para protestar en la próxima reunión de la junta directiva la cual está programada para el 7 de noviembre. en otros temas, en méxico aumenta el número de muertos tras el paso del huracán otis. las autoridades ahí dieron a conocer que 45 personas hasta ese momento se contabilizan como muertas. mientras que precisamente unas 40 continúan desapare heridas, los residentes continúan tratando de volver a la normalidad. en medio de esta desgracia, nuestra colega issa osorio, desde acapulco, guerrero , nos muestra la situación. >> así es. continuamos nuestro recorrido por las zonas devastada de acapulco porque el huracán no solamente destruyó la zona de playa, los hoteles y la costera, también colonias populares como esta la colonia renacimiento, donde el viento y el agua fueron tal que a 5 días, a 6 días del paso del huracán otis, la calle. esta calle continúa completamente inundada y tapada por lodo. ahí podemos ver como autos fueron arrastrados por la corriente. las láminas de las cas

teamsters are rallying in san francisco today. they want city leaders to impose more regulations on those autonomous cruise cars. and the warriors are taking on the suns tonight in their home opener is chris paul gets ready to make his debut with the team. >> from the area's local news station, you're watching the kron. 4 morning news at 7. >> good morning and thanks for waking up with us on a tuesday. i'm sorry and i'm james and we're waking up to a increasingly brighter more colorful skies. you really can't see it behind us too. just going got to be brighter last night. i know when the niners law short still has a little. raise. yeah. we are definitely looking at a pretty easy pc data be getting out and about. we're going to see some increasingly clear skies later today. you can see the brightness there from mount tam. >> but look at what we got from half moon bay, a little bit of that low cloud cover that we're seeing along the bayshore out towards the coastline. we do have some dense fog advisories for parts of the north bay r

teamsters are rallying in san francisco today. they want city leaders to impose more regulations on autonomous cruise cars and the warriors are taking on the suns tonight as their home opener kicks off with chris paul donning the blue and gold. >> from the area's local news station. you're watching the kron. 4 morning news at no. >> and did you know not only can you but you can adopt. you can die. learned that from firefighters. you don, the outfit, then take it to my anyway. yes, tipper has to you on this tuesday morning. little gray out there, things are going to be looking, sunny. yeah. and the fog just john. 33 flights. the latest phobic. right. make sure we slide oakland's house over there. you want just as bad. all is looking kind rough. so, you it's bad when all 3 of our got a lot of cloud cover up to check santa rosa to i think it's actually kinda rough up there as well. >> now as far as where we're sitting right now, almost all of us are sitting into the gray from santa rosa down through san jose. >> this is your view fro

teamsters are rallying in san francisco today.nt city leaders to impose more regulations on those autonomous cruise cars. and the warriors are taking on the suns tonight in their home opener is chris paul gets ready to make his debut with the team. >> from the area's local news station, you're watching the kron. 4 morning news at

teamsters represent tens of thousands of truck drivers across california, and worry autonomous tech could drive away there drops. >> should that be enough of a reason to steer clear of new technology? >> we welcome new technology, we want to make sure it's about job security and safety. >> you want someone in the cab that could take over if needed. >> absolutely. you could have bigger disasters than we've had with robot cars, because of the bigger scope and weight and speed of these vehicles. >> reporter: the bill mandating human supervision inside self driving trucks got bipartisan support in the legislature, but governor newsom vetoed it, calling it unnecessary, because current laws already allow the state to create the appropriate regulatory framework. right now, self driving trucks aren't even allowed on the road in california because the dmv has yet to release guidelines on how they should operate. once they do, the first stage of testing is likely going to require humans to ride along. but, eventually, california's highways could be lined with big rigs that have no one behind the wh

and teamsters are rallying in san francisco.y want city leaders to impose more regulations on autonomous cruise cars. warriors take on the suns tonight in their home opener as chris paul gets ready make his debut with the team. >> from the local news station, you're watching you. morning team. >> good morning. it's tuesday soulfully. you get the hang of this now since you had yesterday to get acclimated, how about us getting used to this fog, john? going to stick around for a while. yeah, going to be around for a little bit longer, but it does burn off later today. going to set us up for eventually a sunny one and our warmest of the rest of the forecast. >> i wouldn't call it sunny just yet. there. look outside at sfo. look at how socked in it is out there. we've got a lot of airport delays, especially at sfo because of this lower visibility. we are seeing improvements in surface visibility. you are seeing visibility improved in areas like the north bay which had been well below a quarter of a mile earlier this morning. so the l

before that suspension was announced the teamsters and other labor unions were already rallying outside of the cruise san francisco headquarters . they were rallying over the potential for driverless semi trucks on highways or even cases where cruise cars have stalled out, blocking firefighters from getting to emergencies. >> they work fine if there is no engine. if there is a crash or a construction site, anything that impedes the roads, they don't know what to do. >> it is important to note that the suspension does not affect other autonomous driverless companies. >>> is bay pilot who tried to turn off the planes engines midair admitted to taking psychedelic mushrooms. that is according to court documents obtained by kpix. joseph emerson appeared in court about half an hour ago in portland facing 83 counts of attempted murder. he is accused of trying to shut off the engines on an alaskan airlines flight to sfo on sunday. he was off duty and riding in the jumpseat . the two pilots testified in affidavits that emerson said "i am not okay." that's when the pilots say he pulled the red fi

clean hydrogen to people the powering trucks, heavy duty equipment operating by longshoremen and teamstersthat will mean cleaner air since the equipment and hydrogen produces fewer emissions than diesel. across town, from the side of the old philadelphia solutions oil refinery, a new bellwether district, which could've used clean hydrogen or steam so power the life-size and logistics on campuses or countries can do research and development for the next generation technology. the city of philadelphia in southern pennsylvania, transportation authority that uses clean hydrogen empowers their heavy-duty vehicle fleets, like street sweepers and guards -- garbage trucks and electronic buses. the prime company in delaware using hydrogen to develop operations at one of the most extensive power stations in the world in wilmington, delaware. here, in the mid atlantic hub, every scene of -- every single one of these projects will use project labor agreements. that's another way of saying, union, union. and by the way, it will take 20,800 jobs. 20,800 jobs here in this hubs. plumbers, pipers, electric

fighting back and forth and i used to be a welder at one time in my life and in the union i was a teamster also machinist all the days me on the street and there was like $40 a week for strike pay so i ended up moving to a different place but we've got to figure out that big business is controlling everything, they're just going to put the screws us little guys all the way through one more thing. are you there? >> host: what's the one more thing ? >> a long time ago i tried to tell you this, this is the rushmore state. i tried to tell you it was a centrist state. this used to be the sunshine state but florida is the sunshine state they changed it in the 70s to your state had to throw that in my defense . >> bowling sink in california the rushmore state in south dakota, missouri the show me state this is linda caulfield mystery,republican . >> i have a question for everyone in this country i hear that trump being president and all that.i like for someone to explain to me what he did that deserves being in nprison. bob menendez is installed. everyone in this country is innocent until proven

protesters led by the teamsters union gathered outside the google offices in venice in southern californiae company's recently been trying to lure customers by offering free rides. but those protesters claim the cars are safe. they say in 2021, will have the most automated driving system crashes of any self-driving vehicle company. to our 4 zone forecast see if we see some fog out there. yes, we is. we it's getting chilly, lawrence. yeah. how about that? these temperatures coming down. we're going to see a big change. the pattern tomorrow. we've got a cold front coming boy behind that. we're starting to talk about some 30's beginning to show up for some overnight lows in some of the valley. so a change is in the works. we've got some low clouds weeping on shore right now. they really coming on shore this last hour or so with that onshore flow. some winds gusting to 30 miles an hour. here's look from our mount tam cam. beautiful evening around the bay area. look at your sky out there tonight as the sun setting, the clouds begin to move inside the bay up toward the golden gate bridge. really

so you had a strike of avoided narrowly for ups, for the teamsters that they got an excellent contractd good contracts at john deere. you just got a settlement for the writers guild that was much higher than the initial offer. so the strikes and the threat of a strike has has really given workers a shot in the arm. and if you have the president of the united states standing on the picket line supporting the workers, it lets you know that you're not alone. there are other people in the community that support you. okay, final question for you are when you talk about the length of a strike, does it really matter when it comes to negotiations, if it's sort of a planned three day strike versus an open ended walkout in the case for health care? it shows you that they absolutely care about their their patients, that they don't want to be out for a long strike and have patient care diminished. they really do care about their job so that a short duration is enough to say, look , we need to get the attention you have me on tv talking about it, where if they weren't voiced their disapproval, they

. >> the teamsters union, which has been fighting for safety and drops says today's decision is too little too late. we these are problems that we had been warning them about for a long time. so they would have listened in the first place or engaged with us, or engaged with city officials before they were making those decisions, things would've turned out differently. >> the city attorney sent out a statement claiming vindication, the city is now suing the state over its approval on the first place. that case is ongoing, as for cruise , the company is steps to reply for reinstatement but no timeline. again, this affects only cruise , not waymo . >> test certainly needed, thank you. >>> a bus collided with a delivery truck from the san francisco food bank. this was in market and church street just after 11:00. san francisco police say two people were hurt, no word on who was involved in the crash. >>> the bay area pilot of accused of trying to shut off the planes engines midflight he told investigators he took psychedelic mushrooms two days prior, and that is according to court documents fi

. >> reporter: before the suspension was announced, the teamsters and other labor groups rallied outside cruise 's headquarters , highlighting their concerns over safety and jobs i spoke with them afterward about this decision. they say it is too little too late. >> these are problems that we have been warning them about for a long time. so if they would have listened to us in the first place or engaged with us, or engage with city officials before they were making those decisions, things would have turned out very differently. >> san francisco city attorney sent out a statement in response to the suspension thing, we are grateful for today's action, which vindicates the significant public safety concerns raised by the city. he goes on to say we support the promise of this technology to improve transportation, we are urging the state to come up with a sensible measured plant for the safety based on, for the future based on safety, and performance metrics. the cpuc, they referred to, is the state agency that gave the green light earlier this year, the city is now fighting that in court. i

. >> teamsters local 30. >> presente. >> mc. carnival. >> presente. >> sf parks and rec. >> prenlte. >> at that. >> telemundo 48. >> presente. >> don't get tired now. >> estrella. >> hetcho en california. >> que viva mexico. >> viva. >> viva london breed. >> que viva. >> que viva. with that we're going to ask you to please join us in the second part of this ceremony. thank you to all of you joining us today. the elevators are right there and the second part is only going to get better. thank you so much y que viva mexico. >> viva! viva mexico! happy el grito, everybody! thank you so much olga for your kind words and for welcoming every one to san francisco city hall to celebrate el grito. we are so fortunate that san francisco has a rich history in mexico history and vibrancy and today as we celebrate 213 years of independence, we acknowledge at one point in time in our history, our not so distant history that black americans, brown americans, people were not even allowed to be in this building. city hall, that now belong to the

. >> reporter: not so fast , this is a leader with the teamsters.e nation's largest trucking you can. they marched to the california state capital . they want human drivers inside. they represent thousands across california. they worry the trucks could take their jobs . >> reporter: is that a reason to steer clear of new technology? >> it is about jobs in safety . >> reporter: you want someone in the cabin to take over if needed . >> absolutely . the threat to our safety is enormous . >> reporter: they have done them by partisan support in the legislature . current laws allow the state to create the regulatory framework . they are not allowed on the road in california . once they do, the first phase of testing will require humans to ride along. eventually california highways could be lined with big rigs behind the wheel. >> we would stay on top of all of the latest developments on driverless cars. see what happened on the streets of san francisco. the driving instructor, for human intervention. go to our website for that investigation. > there was f

in pennsylvania because they have 5000 extra folks walking it as well as getting support from the teamsters happening. neil: it is certainly not on happening as they had hoped. about 145,000 uaw's, now 1/3 of them have walked off the job. keep track of that, "the big money show" coming up at the top of the hour, jackie deangelis. jackie: we have two stories we are following today, first the latest on the war in israel. we ask our military expert about big targeted strikes on hamas leaders and how the hostage rescue and pending ground invasion and the battle on capitol hill, where we are in the race for speaker. we have a nominee at the top of the hour but more coast-to-coast after this. ♪ is it possible to fall in love with your home... ...before you even step inside? ♪ discover the magnolia home james hardie collection. available now in siding colors, styles and textures. curated by joanna gaines. ♪ explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™. (adventurous music) ♪ ♪ ♪ be ready for

provide clean hydrogen to people to power trucks, heavy duty equipment, operated by longshoremen and teamstersthat'll mean cleaner air. since the equipment that runs on hydrogen produces fewer emissions than diesel. cross town, on the site of the old philadelphia energy solutions refinery, a new bellwether district, hilco, will use clean hydrogen or steam to power generation -- to power on campuses where companies will do research and development for the next generation technologies. the city of philadelphia and southern pennsylvania, transportation authority, will use clean hydrogen to power their heavy duty vehicle fleets like street sweep, garbage truckser fuel cells an electronic buses. the dupont company going to use hydrogen to power their research and development operations as one of the most experimental stations in the world in wilmington, dwaimple here in the mid atlantic hub, every single one of these projects will use project labor agreements. that's another way of saying union. [applause] by the way, it's going to create 20,800 jobs. 20,00 jobs in this hub. plumbers, pipe fitters,

ever since the last quarter earnings and the teamsters deal, this is under pressure.sold the stock into what i believe is a mistake. this is a company that increases dividends by 13% every year for the past five years. that's consistent. they have 2% share buyback. the dividend is over 4%. >> kevin simpson, it is great to see you. thank you. >> thank you. >>> one last look at the futures. the nasdaq tipped into positive territory. moving higher right now. that will do it for us on "worldwide exchange." "squawk box" is coming up next. thank you for watching. nice footwork. man, you're lucky, watching live sports never used to be this easy. now you can stream all your games like it's nothing. yes! [ cheers ] yeah! woho! running up and down that field looks tough. it's a pitch. get way more into what you're into when you stream on the xfinity 10g network. >>> good morning. the futureses coming off the lows of the morning. the ten-year yield hitting another 16-year high. the market is getting ready for more fed speak. >>> a caution flag for tesla while it is full speed ah

and the teamsters strike at u.p.s., the conversation i had with spokesman bill milken says we need toa look at it. >> there's a look. you have to be very careful to parse out what it is that's causing the transport indks to shoots either up or down. like i said, higher jet fuel prices or the potential strike can do things that are completely unrelated to the economy. >> take a look at this. here are the companies in the next 24 hours ranked by weighting. old dominion, that's about 17% of the index. this one company could potentially pull the index into the red. also a question, are transports a good indicator, we'll have to see. >>> coming up on "worldwide exchange," a major exchange on lg energy. a major symbol of a bumpy road ahead for electric vehicles. >>> first as we head to break we'll talk with trending stories. bud light announcing a six-year partnership with an effort to revise the slump in sales. they'll receive exclusive branding at usc events, marking the biggest deal in u.s.hill. >>> taco bell announcing restaurants all across the u.s. cannot use the phrase taco tuesday o

that comes as teamsters and their allies were working to put the brakes on the expanding robotaxi servicethered in front of the headquarters earlier this morning. >> we need to make sure that we have responsible human beings behind the wheel. the only way to guarantee that happens is to not have these vehicles again with fake brains on our street. >> at the end of the day, we are fighting for humanity. we are fighting for people. this is the right thing to do. >> we reached out to cruise for comment and we will let you know when we get a response. >>> breaking news, it appears to be official, the giants have a new manager. bob melvin will leave to take on the role with the giants. he is a three-time manager of the year and a bay area native. contract details have yet to be disclosed. no announcement from the giants. >>> dozens of teachers started their day on the picket line. they are not on strike yet but they are in contract negotiations. the teachers say things aren't going well. here is kris sanchez with the details. >> reporter: there is a negotiaing session for today. as of the last

the teamsters union is due to rally in san francisco outside of the headquarters of cruise.he driverless car company just last week. federal investigators began investigating whether cruise is doing enough to protect pedestrians. it's a response to two reports from the company about pedestrians being injured, including one where a human driver hit a pedestrian first. organizers of today's protests want the self-driving car company to address those safety concerns. oakland's first friday street events won't take place from january through march of next year due to financial constraint. the event's organizers say they're looking for new sources of funding to keep first fridays going. the nonprofit that runs the events is funded by local companies and organizations, including kaiser permanente and rad power bikes. the monthly block parties have been a gathering place for artists, performers and small businesses in oakland for several years now. the next first friday is set to take place on friday november 3rd on telegraph ave, between 22nd and 27th streets. the parents of a 21

teamsters are organizing a rally outside of cruise headquarters.med for the release of the latest earnings report from general motors. they're protesting ongoing safety concerns and they say robotaxis mean fewer human jobs. in a recent statement, cruise's chief executive said safety is his company's top priority. our investigative unit has been looking into the driverless technology and its impact on the bay area. you can watch the full reports on nbcbayarea.com. >>> top hollywood executives are expected to deliver a new offer to striking actors today. ceos from disney, warner bros., discovery, netflix and our parent company, nbcuniversal, are eager to get the deal on the table after talks collapsed more than a week ago. some of the push is undoubtedly meant to salvage next summer's box office. yesterday paramount announcing plans to postpone the release of the next "mission impossible" film until 2025. >>> dub nation simply cannot wait. the nba returns with the golden state warriors front and center. >> "today in the bay"'s bob redell is live for

teamsters are organizing a rally outside a cruise headquarters.d with the release of the latest earnings report from cruise's parent company, general motors. driverless taxi opponents are protesting ongoing safety concerns. they're also stressing that more taxis will mean fewer human drives. cruise's chief executive said that safety is his company's top priority. our investigative unit have been looking into driverless technology and its impact on the bay area. you can watch those full reports on nbcbayarea.com. >>> 6:36 right now. dub nation simply cannot wait. the nba returns with the golden state warriors front and center. >> "today in the bay"'s bob redell is live for us inside chase center where the warriors will host the suns. they have a new look, and it's not you, but i was really pushing for it. >> reporter: i appreciate that. good morning to you. tip-off tonight at 7:00 at center court here at chase center. you can see the workers here making sure the nets for the hoops are level and straight and everything. it's quite a process. i didn'

both the skilled trades teamster and the california faculty association, or cfa, voted over whelmingkes. cfa leaders say a strike for them is not imminent, but they're ready to do what's best for their members and students. >> we love our students. we love our jobs. we are public servants of the people of california. but students are being hurt right now. >> the cfa represents 29,000 professors, lecturers, coaches and other faculty. at the 23 csu campuses, they're demanding a 12% pay increase. the csu board is reportedly countering with 5. we reached out to the csu board of trustees for more comment, but we have not heard back. we're learning more about the tentative contract agreement between general motors and the united auto workers union. we first told you about this yesterday on abc, seven morning's just moments after they announced this agreement. the uaw released a statement saying this agreement includes record economic gains for its members. it's said to be similar to the deals announced last week with ford and stellantis, including a roughly 25% raise over four years and im

it's as though you're -- you're talking -- when i hear jimmy talk it sounds like the teamsters at beginningthe 20th century. we've got to stay with horses and wagons. we don't need that. >> i don't think that. i don't think that, but that's the risk. that's the fear. >> let's stick with the horse and buggy because it works so much better. sorry. there's going to be electric vehicles. you can't have one article saying our sum verse become terrible because of fire and heat and we've got do something about the internal xwulgs engine. >> how about hybrids. >> biden has already put $12 billion towards the automakers so that they can make this transition successfully. we're either going to make it or we're going to be left behind. the most portable car company in the world is bmw and they are managing doing it paying workers god wages, they have a great retirement. they work 35 hours a week. >> it's a great discussion here. i'm going to give one or boast you the opportunity to answer this question. i have no doubt that electric vehicles will create new jobs, but on net will they create more new j

crew, and all the union crews -- [ cheers and applause ] -- for supporting our writers, iatse, the teamsterson, all refused to cross our picket lines. and we owe them for that. thanks largely to them, this is a big win for the little guy, and a big win for the chubby guy and the hairy dude and the girl that doesn't make eye contact and the two potheads in the "star wars" t-shirts that are too small for their bodies and the guy who's too old to have a ponytail and the lady whose cats each have are in own instagram pages. [ laughter ] we call them writers and they're all back to work. thank goodness. [ cheers and applause ] and we hope that the actors and the autoworkers and the health care workers all get the contracts they deserve. i missed being here. i really did. i missed the writers, i missed the band. i missed all these guys. i missed our staff, i missed our crew. i missed our announcer, lou. lou, i missed you and your hair looks great. [ cheers and applause ] >> lou: i had a lot of time. >> jimmy: i missed guillermo, my security guard. where is guillermo, by the way? oh, wow. [ cheers

they have actually picked up market share from the ups strike and from yellow going under by the teamsters having trouble for a while. i'm a huge fan of fred smith, college thesis, huge fan. last couple years i felt like they were losing their footing. >> cheaper stock, partly because of that, charles. charles: paying a driver 190 grand a year they're paying that will hurt the bottom line. talk about interest rates obviously. 30-year auction was a bust. yields are spiking again today. cpi was a little bit hotter. distinct winners and losers. talk about that a minute. we got bank earnings. if you don't mind, start at bottom of the list, larger banks would be winners but regional banks would be losers? >> right. the larger banks have flexibility on interest rates. jpm for example, kept their book very short. about 30% of their book will reprice next year. so they will benefit from the higher rates. we expect tomorrow they will talk about net interest margins going higher into next year. that should be good for the stock. it outperformed year-to-date versus other banks. we think that will con

your behind >> today suspension came down just minutes after a rally at cruz's headquarters by the teamsters union demanding more regulation for robo taxis. the union, which represents freight drivers and warehouse workers calls the suspension a step in the right direction. but it saying it does not go far enough. well, tonight is the start of a new nba season. and as you know, when you have steph curry, there's always going to be a lot of excitement and optimism that that the warriors are going to able to bring another parade right down market street kron. 4 sports reporter, our director jason dumas live now outside chase center with a preview of tonight's home opener against the phoenix suns. and there are a lot of good storylines here with this big matchup. >> yeah, there certainly are justine and first and foremost, if you're a sports fan, you have to be like a kid in a candy store during this time of the calendar year. the nhl season started last week. the world series will begin later this week. nfl season is at its midway point and tonight we get nba basketball and as we know, the war

go lower here you have an iconic american company that had a 4% yield and a new contract with the teamsterstook out a costly strike with cable, just right away but this morning ups forecasted some really nasty numbers. the stock got clobbered and now it queelds 4.7% which is neither here nor there will there be protection at 5% i don't think so the dividend trampoline can still come into play but only if we're rewarded instantly with better earnings and even then it doesn't stop a stock from going lower. when you think it would. verizon had a 5% yield would stop nothing then 6% also did nothing even when the yield got to 7% it created -- but when verizon's stock fell enough that its yield was 8% and its cash flow started improving, that and only that was when you got a fantastic bounce i think there's more room to run because many people were worried about the viability of the dividend and the way i see it those worries have now been put in the past in the end dividends don't ever much protection in times like these. i know from painful experience we bought the stock of foot locker for the

both the skilled trades teamsters and the california faculty association, the cfa, voted overwhelminglye strikes. both say the results sent a powerful signal that they're prepared to walk if the csu board doesn't meet their demands. cfa leaders say a strike for them is not imminent, but they're ready to do what is best for their members and students. >> we love our students. we love our jobs. we are public servants of the people of california. but the students are being hurt right now. >> the cfa represents about 29,000 professors, lecturers, coaches and other faculty at all 23 csu campuses. they're demanding a 12% pay raise. the csu board has repeatedly countered with a 5% raise the contract expires next year. we have not received a statement yet from the csu board of trustees halloween housing. >> and how soon is too soon? the for is next entresto is the #1 heart failure brand prescribed by cardiologists. it was proven superior at helping people stay alive and out of the hospital. don't take entresto if pregnant; it can cause harm or death to an unborn baby. don't take entresto with a

both the skilled trades teamsters and the california faculty association, or kff, voted overwhelmingly to authorize strikes. cfa leaders say a strike for them is not imminent, but they're ready to do what's best for their members and students. >> we love our students. we love our jobs. we are public servants of the people of california. but students are being hurt right now. >> the cfa represents some 20,000 professors, lecturers, coaches and other faculty. at 23 csu campuses. they're demanding a 12% pay increase. they csu board is reportedly countering with 5. we reached out to the csu board of trustees for further comment, but we have not yet heard back. >> we are learning more about the tentative contract agreement between general motors and the united auto workers union. we first told you about this yesterday right here on abc7 mornings just moments after that agreement was announced, the uaw released a statement saying this agreement includes record economic gains for its members and is said to be similar to the deals announced last week with ford and stellantis, including a rough

and the consumer has some leverage in terms of uaw and teamsters, but at some point, that is going to come to an end. when that happens, i don't want to be in this sector of the market. >> perhaps we're all skeptical of the markets. what is citi's view, when you are trying to square up what's happening with equities, too? >> largely agree with the views around the table. the market was trying to pretrade the weakness in the economy and they've gotten frustrated. if i take a step back and i'm a worker, i see jobs are plentiful and i see, you know, my peers getting raises, or fighting for them, and those things are going to give me confidence that i can find a job and that may wage growth is going to be positive. so, i think that's what you're seeing in the data. our credit card spending data looks weak. it looks weak below the surface, but it's just not realized in the government economic data, so, you know, if you're worried about the u.s. economy, the consumer is where we need to see the weakness, and as long as that payroll data stays strong, our view is, you can run long equities.

is afraid her son will be traumatized and anxious if he ever has another encounter with police, teamstersing a rally outside crews headquarters in san francisco. >> members from multiple unions say they want to highlight safety concerns with the company's robo taxis. they want the city to regulate the industry more for the national highway traffic safety administration opened an investigation into cruise after reports of the taxis not using proper caution around pedestrians. when that investing was announced, cruise said in a statement to abc7 news that their safety record continues to quote, outperform comparable human drivers. >> co-working company we work is reportedly being sued for $250 million for breaching their lease agreement in downtown san francisco. according to our media partner, the sf standard, the company stopped paying rent in july. in august, we were told it's landlords the entire space at 430 california street was vacated. the company recently lost its president and laid off roughly 300 workers globally within the past year. >> oakland's first fridays will be coming to

both the skilled trades teamsters and the california faculty association, or the cfa, voted overwhelmingly to authorize strikes. both say the results sent a powerful signal that they are prepared to walk if the csu board doesn't meet their demands. cfa leaders say a strike for them is not imminent, but they are ready to do what's best for their members and the students. >> we love our students. we love our jobs. we are public servants of the people of california. but students are being hurt right now. >> the cfa represents about 29,000 professors, lecturers, coaches and other faculty at all 23 csu campuses. they're demanding a 12% pay increase. the csu board has reportedly countered with a 5% increase. the contract expires next year. we have not received a statement yet from the csu board of trustees, but we will keep trying to reach them and get a comment on this. and one more news about labor item here. the end is in sight for the united auto workers strike. the last of the three big auto makers is reaching a tentative deal with the union. abc news reporter reena roy has that story. >> a

union officials with teamsters say that they have filed numerous unfair labor practice complaints against the csu system. the union represents faculties workers, mechanics, plumbers, a lot of employees. csu officials say they're meeting with the media right now this week to find common ground. well, a new bipartisan bill in congress aims to send more funding to nursing programs at community colleges. the growth act is meant to combat a nationwide shortage of qualified nurses which has come compromised access to quality health care in many parts of the u.s. right now, most federal health grants go to four-year colleges and universities. the growth act would require at least 50% of the funding to go to community colleges or joint programs. the bill's sponsors say more than 2 dozen members of congress graduated from community colleges. >> it's 10, 19 and october is adhd awareness month and doctors are bringing awareness to this disorder. it's often undiagnosed in young girls. kayla baggarly has the details. >> awareness is so key understanding that it looks like a lot of different things. ra