the technology here as well. i do think smaller gmover harley davidson there might be a similarity there. julie: two things. demand,he longer-term that is the calculation they are making in the hopes for that in the future. a $45 target. at what point do you have to rethink your current stance in light of the concerns? >> it is a great question. frustration, the management would share is that they are getting these late cycle multiples when u.s. sales are holding up well. they have reorganized and pulled out of europe. they are doing the right things. downside't a ton of from a valuation perspective. momentum on the connectivity side of the business. in our minds we are less concerned even withstanding these tariff debates. we would hope we would end up in a world that is free. fair. there is also a positive opportunity. we are more cautiously optimistic than pessimistic. julia: do you think they have gates to othersdgs to voice their concerns? >> that is possible. this feels like a debate going on in the public relations department.

but is it the trade related headlines ahead of the gm annual shareholders meeting. flock will join us live from the renaissance center to explain when "countdown" comes right back. ... they appear out of nowhere. my secret visitors. appearing next to me in plain sight. hallucinations and delusions. these are the unknown parts of living with parkinson's disease. what stories they tell. but for my ears only. what plots they unfold. but only in my mind. will experience hallucinns or delusions during the course of their disease. and these can worsen over time, making things even more challenging. but there are advances that have led to treatment options that can help. if someone you love has parkinson's and is experiencing hallucinations or delusions, talk to your parkinson's specialist. because there's more to parkinson's. my visitors should be the ones nt to see. learn more at moretoparkinsons.com >> trade a major focus of today 's general motors annual meeting, gm ceo mary bara earlier taking the stage in detroit where she was asked what the potential impact would be

that is the result of trump's trade policy. look at harley and soon gm. do you want to respond to that, peter? >> sure, it's counterfactual. you just look at the data. we have the lowest unemployment rates we've had for a very long time. there have been seven quarters, michael, where the unemployment rate has been below 4% since the 1970s. guess what, the last two quarters were below 4%. lowest unemployment -- the president is very proud of this. lowest unemployment rates for blacks and hispanics in history. part of that is because of the trade policy. what we've had is a flood of foreign goods and effectively dumping cheap slave labor on to global markets. the president says that's not the way free trade's supposed to be. so this president is getting the job done. the trade policy is resulting in more investment in this country. it's working perfectly. we're going to stay the course. donald j. trump is visionary. he's willing to do what the past presidents over the last 20 years have been not only unwilling to do but have gotten us into the mess with naft

even the gm cars that are built here, about a half of the content is foreign. doesn't help detroit. so what i would urge everybody to do when multinational companies like gm issue these types of warnings, take it with about a whole can of salt because, for example, the price increase in a car from gm based on the steel tariffs is about the price of a luxury floor mat. so a lot of smoke and mirrors with gm and others. but what we're seeing is the trump tariffs are working. and the bigger picture, michael, let's please understand two things. >> can i get a question in on this? >> absolutely. >> it's not just gm, right? it's harley-davidson. i can think of no more iconic brand than harley-davidson now exporting some of their production activities. the president tweeted, i want to put that tweet up on the screen. here's what your boss had to say with regard. they surrendered. they quit. what was harley supposed to do if the cost of bikes was going to rise by about $2,000 each? >> so harley, i think, for america here out there, it was speaking with a little tailpipe

comingp we'll have the gm's reaction to barry trotz signing from the capitals. >> money talks. dave, thank you. news of trotz's resignation is blowing occupy social media. grant paulsen tweeted thank you for the stanley cup and a job well done. didn't see him coming back. lots of water under that bridge. d.c. kpam examiner retweeted i found out barry trotz has resigned and i just had to havel a f on silent melt down in this the middle of judic l hearin >>> a tourist outside the white house stumbled on a security scare. he saw the man jump three fences. you can hear the suspect shouting shoot me before police tell everyone to get down. the secret service has not identified the jumper. news 4 pat collins spoke to the man who captured the video and he'llave that story coming up in our next half hour. >>> tomorrow voters wil decide whether to raise the minimum wage for tipped workers in the strict. it's measure that could impact restaurant workers and others too. even if youust need out. not all tipped workers want this measure to pass. news 4 derrick ward is in rthwest d.c. where

.$2.25 billion in the gm cruise division the autonomous vehicle venture jamie is joining us now. massive move higher for a stock that doesn't react in this way. is this investment a vote of confidence in gm >> thanks for having me. good morning it's an important component to what all auto manufacturers and supplierers are tiers are tryin, create a nar tefrative around technology they shored up their core business from a margin long-term. this is an element where we think gm is a leader, certainly among oem peers if not among waymo and others this is a very important data point here from a valuation perspective on a business that was progressing faster than the market may have appreciated. >> we've been trying to understand the winners and losers after that imposition of tariffs. what does it mean for the auto players? >> i don't think it really impacts gm, ford or chrysler or the 25% imposition on imported vehicles broadly there's an imbalance globally period we think certainly more tariffs probably is not good for any of the autos. at the margin we would favor midline domestics

we are not putting the breaks on it, we're continuing with the existing program and after 6 months the gm good informationmost bart riders we spoke too hadn't seen the inspectors at all, but some saw the value in the programsot if bart's successful they are saving some money by having these monitors , so its a win win situation for everybodyand while other think fare evasion is important, they believe there are more significant prioritiessoti think the top priority for bart is cleanliness for mesoti would say for me more trains more reliability, more safety, being on time getting people from place to placestandup dan kerman/sf 143-153as things stand now bart will revisit the issue of adding additional fare inspectors in the fall. in sf, dan kerman kron 4 news. ( marty ) california's unemployment rate remained unchanged at four- point- two percent in may. the state added more than five- thousand non-farm jobs. "the state says the rate 'tied' the record low .. set in april. as a comparision, back in may of last year... california's unemployment rate was four - point- nine percent. ( marty )

the first of which is all the international portfolio moves gm has made in 12 months. est of which is exiting europe, exiting a bunch of other countries in asia, going to restructure the korea business all together, the moves, we think, add a couple billion, two and a half billion to profit and worth more than $10 a share. second is cadillac there's initiatives in place to double the sales and profits of cadillac that we think could add almost $1 a share, maybe 75 cents of earnings worth another $10 of share not properly priced in the stock, and third is all their adjacent businesses that gm defines as enstar and gm financial business, all in, that's two and a half billion in profit over two years, another $10 a share. the stock's worth $65, up 50% from here despite the good run in the last couple days issue and that's auto 2.0 piece. so cruise is - >> coming back to that, assume you get from $65 to 75 i want jamie to weigh in on what you said on the first part >> sure. >> you know, jamie, general motors did a lot, to its credit, to reinvent the business, are they getti

among the interested observers has been draymond green and the gm bob myers happy to have his input. . i mean, what's he doing here? he's at our draft workout on whatever day today, tuesday. and stays. he came in the draft room yesterday. that's the kind of guys you want. >> absolutely. abc 7 sports brought to you by river rock casino. moral of the story. in anger don't punch stuff with your fist. >> i know, right? >> use an open hand. oh, is that not the moral? >> or just try yoga. >> the lessons just go it's me. your sleep number 360 smart bed... checking in. last night i warmed your feet so you fell asleep faster. i sensed you roll over and automatically softened your side to melt away pressure points and keep you sleeping blissfully. at 2am, this happened. so, i took care of it. does your bed do that? i'm the new sleep number 360 smart bed. now you can wake up to smarter sleep. let's meet, only at a sleep number store. >>> we're out of time. we >> dicky: from hollywood, it's "jimmy kimmel live"! tonight -- steve martin and martin short. plus music from the record company. and now,

parents to check their back seatone of those is general motorsstarting with the release of the 2017 acadia gm has a "rear seat reminder" built into more than 20 of its 2017 & 2018 modelsit will flash a message on your front controls and ding five timesif the back door is opened and closed up to 10 minutes before the car startsand the navigation app waze has come out with a similar functionthe child reminder setting will alert you to check the back seatonce youve reached your programmed destination (grant) now to our four zone forecast... as we take this live look outside at the embarcadero... joining us now is chief meteorologist lawrence karnow... it was cooler around the bay area today but still warm in the valleys. highs there were still in the 80s but 5 to 15 degrees cooler than yesterday. on the satellite image you can see low presure moving closer to the bay area. it will conitinue to deepen and usher in more fog and cooler weather into the weekend. it will be partly cloudy tomorrow with patchy coastal fog. highs will be in the 70s to low 80s inland with cooler 50s and 60s at the coast.

the u.s. to sell here this is all happening while uaw-gm workers here in the u.s. laid off and unemployed. why is general motors bringing back the blazer? because it's a hot market right now for crossovers look at the sales in the first quarter for general motors these guys aren't the only ones who realize this is what people want high profit margin vehicles like a crossover are in demand and so they're going to add to that with the chevy blazer, again in showrooms next year. as you take a look at general motors exports from mexico are up 39% this year. general motors exports, melissa. and this news, maybe the optics aren't the best. they announced this vehicle and announced that it's being built in mexico one day before they layoff 1,500 workers at the lordstown plant in ohio. >> phil, thank you phil lebeau in chicago what do we do with general motors >> buy it or deny it >> no, no, that is not a thing that does not exist. but in thames of autos -- >> i would deny it then. >> you see what i did there? gm last fall traded up to 45 valuation is a compelling argument

i think the notification -- from the gm, and what we aim to do with this little onboarding piece, setsthe gold standard and i think we should ask or other city departments have access to it. thank you for your efforts. >> thank you. >> thank you. >> now commissioner? >> thank you. >> commissioner courtney. public comments on this item? item seven f. please. >> seven f., i was going to bring up the award and i just want to say, i want to thank staff on to answer your question park we actually looked at last years and we talked to the ways we can improve it. a lot of those ideas came from you and from some of our atms and staff who have worked on the awards. what i think everyone felt in the little video was that people can actually have and show their families. people who couldn't attend. i thought it was a great touch as well. i'm just really proud, and i'm looking forward to getting some feedback, so that next year will be even better. if you guys, or any commissioner attended, if you can provide some feedback in ways that we can improve it, that would be great. and with that, that co

among the interested observers has been draymond green and the gm bob myers happy to have his input. >> and he just loves basketball. i mean, what's he doing here? he's at our draft workout on whatever day today, tuesday. and stays. he came in the draft room yesterday. that's the kind of guys you want. >> absolutely. abc 7 sports brought to you by river rock casino. moral of the story. in anger don't punch stuff with your fist. >> i know, right? >> use an open hand. oh, is that not the moral? >> or just try yoga. >> the lessons just go right past hi ♪ heartburn and gas? ♪ now fight both fast new tums chewy bites with gas relief all in one relief of heartburn and gas ♪ ♪ tum tum tum tums new tums chewy bites with gas relief at at&t, we believe in access. the opportunity for everyone to explore a digital world. connecting with the things that matter most. and because nothing keeps us more connected than the internet, we've created access from at&t. california households with at least one resident who receives snap or ssi benefits may qualify for home internet at a discounted rate of $10

we are not putting the breaks on it, we're continuing with the existing program and after 6 months the gmgood informationmost bart riders we spoke too hadn't seen the inspectors at all, but some saw the value in the programsot and while other think fare evasion is important, they believe there are more significant prioritiessotsot (pam) google is having a hard time holding onto its black employees, and the dominance of white men has barely diminished.(ken) sotsotprioritiessignificant there are more they believe important, fare evasion is other think fare evasion is important, they believe there art priorities sotsot (pam) google is having a hard time holding onto its black employees, and the dominance of white men has barely diminished.(ken) those are just some of the takeaways from the tech company's annual diversity report. catherine heenan is here to take us through the numbers, catherine? (catherine) you might remember the uproar after a google engineer wrote a memo citing genetic differences as a reason for the lack of women in leadership jobs. the author of that memo was fired - and

he knew better how the operations were than the gm did. promise you he's doing a thorough investigation and it is great for the american public what he's done should feel confident there when he finds nothing. >> whether or not he finds nothing, i'm glad you're expressing support for special counsel mueller. stay right there. how a comedian got a call back from president trump from air force one. stay with us. show me the movies. (male friend) thanks for the invite! (anna) front row? nobody puts baby in a corner. i'll pre-order what she's having. wax on, wax off. yippee ki yay movielovers. (vo) introducing atom tickets. (anna) was that too much? (vo) download the atom app and get $5 off your first ticket. that's a good thing, but it doesn't cover everything. only about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like any of these types of plans, they could save you in out-of-pocket medical costs. call unitedhealthcare insur

we are not putting the breaks on it, we're continuing with the existing program and after 6 months the gmll have good informationmost bart riders we spoke too hadn't seen the inspectors at all, but some saw the value in the programsot if bart's successful they are saving some money by having these monitors , so its a win win situation for everybodyand while other think fare evasion is important, they believe there are more significant prioritiessoti think the top priority for bart is cleanliness for mesoti would say for me more trains more reliability, more safety, being on time getting people from place to placestandup dan kerman/sf 143-153as things stand now bart will revisit the issue of adding additional fare inspectors in the fall. in sf, dan kerman kron 4 news. (live) taking a live look outside at san francisco's embarcadero.... (anchor) time now to check on our weather... with meterologist mabrisa rodriguez. a cooling trend a cooling trend will continue through sunday as an upper level trough deepens along the west coast. daytime highs sunday will be in the 60s along the coast and

that is a good place for gm to be. thef is starting to get better prices and put out more expensive vehicles. so, this is a nice story for gm. it is just that these are not hugely profitable vehicles because they are small and pretty cheap. carol: talk about it. that's what i thought was interesting. when you talk about baojun, this is a $6,000 a car that they are selling. were they see better margins is on the price of the cars. talk about the branding are selling in china. >> baojun started out in 2010 selling the small, cheap cars. the cheapest one was a small hatchback that sells for about $6,000. they have since moved up the range, so now they are selling a full-size suv that goes for $11,000, and or goes up as high as $17,000. they had the seven-passenger van that sells close to $20,000. so the vehicles are getting more expensive. and from a profit standpoint, the other part about this is that they make them inland, somewhere that is about a two hour flight from beijing. that is pretty far inland china. the supply ch

we are not putting the breaks on it, we're continuing with the existing program and after 6 months the gmhave good informationmost bart riders we spoke too hadn't seen the inspectors at all, but some saw the value in the programsot if bart's successful they are saving some money by having these monitors , so its a win win situation for everybodyand while other think fare evasion is important, they believe there are more significant prioritiessoti think the top priority for bart is cleanliness for mesoti would say for me more trains more reliability, more safety, being on time getting people from place to placestandup dan kerman/sf 143-153as things stand now bart will revisit the issue of adding additional fare inspectors in the fall. in sf, dan kerman kron 4 news. (mabrisa)i have your forecast coming up a bit later on...

i the rest of them will be on the luxury end where cadillac is. gmhe right place to compete for the growth. carol: this week one of the biggest global stories is political uncertainty in italy increasing volatility in global markets. jason: that's right. we went out looking for the best voices. mixnine lacqua had a exclusive -- an exclusive interview. >> i think the selloff is not justified. we are in a situation right now where the fundamentals of italy are very good. the economy is growing at a good pace, the corporate's positive, and the consumers are positive as well. of course there is political uncertainty, but i think the ceo -- the idea of italy leaving the eurozone are overdone. we should go back to reality. italy will not leave the eurozone. we need to look at the good fundamentals of the country. francine: how much is your exposure to italian sovereign debt? and are you changing any of the exposure? >> exposure to italian sovereign ,ebt is around 42 billion euros which is less than our total capital. has lessexposure that than a three-year

is saying they are seeing effect on sales from the trade tension and that absolutely flows through the gmnd for. think about where the make america great heartland is includes michigan and ohio and workers there who will be affected by shorter shifts and less money in their pocket if this trade tension, trade war -- important segment to the political base of trump. i just want to finish this point. i think this will be resolved this trade tension i think it will be resolved at least two months before the mid-term elections it has to be >> you don't think though the broader market however you want to characterize it can start to catch up to the nasdaq until some of the trade stuff -- >> that's what i'm saying. let's think about fact the s&p 500 has been basically stuck in a ran for five months, roughly 2,600 on the down side, 2800 to the upside. it won't break out of there until these trade tensions are resolved >> we've seen some downgrades including today on some industrial stocks. your preference is not to be in industrials. goldman came out the prefer rerns not to be in industrials wha

we are not putting the breaks on it, we're continuing with the existing program and after 6 months the gmdn't seen the inspectors at all, but some saw the value in the programsot if bart's successful they are saving some money by having these monitors , so its a win win situation for everybodyand while other think fare evasion is important, they believe there are more significant prioritiessoti think the top priority for bart is cleanliness for mesoti would say for me more trains more reliability, more safety, being on time getting people from place to placestandup dan kerman/sf 143-153as things stand now bart will revisit the issue of adding additional fare inspectors in the fall. in sf, dan kerman kron 4 news. ( will )( will ) an electrical malfunction sparked a fire that damaged a motel near the santa cruz boardwalk. the fire happened early yesterday morning at the torch lite inn on riverside avenue. when firefighters got to the scene... they saw heavy smoke coming from the roof. no one was hurt. ( darya ) a 15-year-old boy is now a u-c davis graduate. tanishq abraham graduated with a

he wants to sign a new contract with the warriors and the gm says the two-time finals mvp can simply name his own price. >> let's see what you do. here's the parade route, it's slightly different from last year's parade. it starts in the same spot, 11th and broadway and then goes up broadway to 020th street near lake merritt. we have crews all over our digital platforms. making sure that we are ready to get you covered if you can't go in person. we want to see youricsnddeos, sc @nbcbayarea.com. even as yo the nbc bay area smartphone app to send video and pictures and you can also cast them on our live stream. crews are ready to go on and online. we've been putting together this plan because we are die-hard fans and knew theris would a championship win again. this is our team behind the scenes bringing in live shots from crews up and down the parade route and our live team coverage of the parade starts at 10:00 this morning. >>> historic meeting now in the books. president trump and north korean leader kim jong-un met face to face in a sum milt in singapore. this lasted a lot longer t

the u.s. to sell here this is all happening while uaw gm workers here in the u.s. off and unemployed. why is gm bringing back the blazer demand demand it's up 23% for suv cross overs. and the demand is not slowing down as you look at shares of general motors one last point about this production of the blazer in mexico, gm's exports of vehicles built at its plants in mexico, up 39% this year so they are not slowing down production despite threats about nafta being torn up. they are actually increasing it. guys, the real kick in the gut for some gm workers here in the u.s. is that in lordstown, ohio today is the last day of work for 1,500 workers as they eliminate a shift at a plant that builds a sedan, sedans are not in favor right now >> for more on the suv and crossover boom and what is fueling it let's bring in an executive analyst from kelly blue book. the reason why people like suvs hasn't changed over many years it's convenient in terms of the weather in which you can drive, easier to get in and out of, it can carry a lot of stuff why do you think there is a b

investigators say the sixers gm was the source of that information, but they aren't sure if he knew aboutis wife's activity. for his part, colangelo denies knowledge of those accounts saying in a statement, quote, her actions were a seriously misguided effort to publicly defend and support me. >>> we are now one day away from the 2018 belmont stakes. tomorrow afternoon, nbc will broadcast the 150th running live from belmont park in elmont, new york. excitement is growing there as justify looks to win the triple crown and become just the 13th horse in history to do so. if justify can place that incredible accomplishment, it will be the second triple crown for his trainer. >> some of us might want to throw a few dollars on that race but we need that information. will it be a muddy track or not? >> it's looking less and less likely. it's looking like a firm track for once. everyone likes to get that $2 win ticket. you keep it too. you don't want to cash that in. as we go through saturday's forecast, let's watch this. showers and storms during the afternoon through the ohio valley. hit and mi

. >> i think the gm said whatever he wants and we need to take a look at your shoes. >> hey. out. i need a discount. >> can you believe this is three out of four? >> no problems. it's going to be five out of five if they take care of kd. >> at say they are going to be unemployed by the end of the day. beth and lisa. where are you from? >> we are great and so happy to be here. >> what about work? >> i'm getting laid off so they can fire me. >> do you want to give a shout out to your boss? >> hello, ken. >> who is your favorite player? >> steph curry. >> do you think he should have been the mvp? >> it was a good decision. >> maybe a triple double in the final game and 40 plus points. he was pretty good. >> i like stuff, though. >> what time did you get out? >> we left our house 6:30 a.m. and got on bart at dublin and got here around 7:30 a.m. or 8:00 a.m. >> it is hot and burning but worth it. >> i've got a couple of guys on the super commute here. tyler, right? how are you feeling? >> i am feeling great. >> why are you at the end of the parade? >> it's the best part, just like

we are not putting the breaks on it, we're continuing with the existing program and after 6 months the gmve good informationmost bart riders we spoke too hadn't seen the inspectors at all, but some saw the value in the programsot if bart's successful they are saving some money by having these monitors , so its a win win situation for everybodyand while other think fare evasion is important, they believe there are more significant prioritiessoti think the top priority for bart is cleanliness for mesoti would say for me more trains more reliability, more safety, being on time getting people from place to placestandup dan kerman/sf 143-153as things stand now bart will revisit the issue of adding additional fare inspectors in the fall. in sf, dan kerman kron 4 news. (vicki) breaking news we're following tonight out of southern california two people were killed after a small plane crashed just south of hesperia airport... it happened just after five this evening-- on summit valley road about 35 miles north of downtown san bernardino. (vicki) news.kerman kron 4 news. (vicki) breaking news we're

so, does the gm administration approve of mr. pruitt's waiver? >> i don't -- can you ask last part of the question? >> does gm agree with mr. pruitt's opposition to the california waiver? >> that's not a question about the midterm review? >> that's right. it's a question about your agreement. >> i'm not really prepared to give general motors' point of view on that question. the propulsion systems and product development and we are here to talk about, you know, octane, and engines. and i'm not really informed about the waiver, or whether that's okay or not okay. >> this is an important question to california and the nation in general. the automakers understand in my opinion that the high fuel efficiency standards are in their interest, in the international auto market. they should be in opposition to this potential opposition. >> we have a midterm statement on the review and i'd be happy to share that with the committee. >> all right. mr. thompson has proposed replacing the renewable fuel standard with 95 r.o.n. octane performance standards. howeve

. >> i remember the gm and people were talking about he was a young gm. . >> he was a player agent after he got out of ucla. and a dream come true for him. there year, brown bought the trophy. remember bob myers bouth the pro -- bought the trophy one year. it was taken to la and put on the jimmy kimmel show. a big day for oakland. >> it's well traveled. it goes on tour and people get to take pictures with . oh, my goodness, mike is on the prowl. let's let him go. >> bob, congratulations. congratulations. just your thoughts on this day. >> this is the best day of the year. i mean, seeing the fans come out and appreciate the players, our coaches. i can't believe this is the third one. that's what's hard to believe. >> of the three, how is this one different? . >> it was harder. it was tougher. a longer road. harder regular season. trying to do a back toac we've never done that. but it wasn't always easy. but that's what makes this one the best. >> how would you describe the team? >> grit. found a way. >> i let you go. we have a draft coming up. who are you looking at. ? someone to help us

should you be shifting capacity from mexico to the united states? gm is not considering that option. >> that is the option everybody wants to avoid. you are talking a billion dollars. it can take a couple of years to get that built. that is a major undertaking. we would rather spend money developing autonomous cars. they do not want to be completely re-erecting factories for the nuts and bolts part of their business making money. longer-term, what is the biggest concern? is it what is going on in the united states? the risk of greater tariffs or restrictions will damage them? >> the biggest concern is nafta. abouthe president talks the investigation, higher tariffs, will there be a nafta exemption? vehicles,ropean made it just depends on how he does it. they get so many vehicles from mexico. a pretty significant number from canada as well. , does chinaoncerns retaliate? most they make in china. do they make things with regulations that affects how gm does business? this is largely a chinese american company. they get most properties in the u.s.. that i

we'll be the on "power lunch." >>> gm is bringing back the blazer it's building the suv in mexico.t comes as president trump fires another warning shot on trade calling for a tariff on cars. >>> this red hot stock is up

. >>> coming up, the caps gm tells us what he thinks went into barry's decision to say goodbye. > here's jimmy fallon. >> jared will he toe is my guest tonight. plus we have music from aruna miller: almost every law i write comes from listening to peoples' stories. i'm aruna miller, and growing up as an immigrant, i know we have the power to improve peoples' lives. that's why in the state legislature, i fought for more computer science in our schools. gps tracking for domestic abusers. and some of the strictest gun safety laws in the nation. in congress, i won't let donald trump undo the progress we've made. i approved this message for all our stories. . >>> a stunner, fans not too happy. can we bring barry back? this is final. no going back. >> people say -- it's april 1t. people think it's a joke. it out? they work >> apparently not. this is why we're trying to make sense. of th there was jubilation followed by celebration and then that last word doesn't seem to fit, but it was used today as the capitals accepted head coach barry trotz resignation. that's not to say that's what the tea

the foreseeable future. you have to start off with a delivery service before they get into anything like that. what gmpull of otherare a network starting their own ride-hailing business once they get the autonomous car going, or someone like uber, and they have been rebuffed fight uber before. with softbank as an investment, could they possibly get an entree the? it's possible. mark, this is where the tactics differ. at waymo, your hearing them talk of making this an autonomous vehicle to individuals. this is not all about getting them as a taxi service. yeah, the ceo has mention that is part of his four tier business plan. i have talked to former employees who have scoffed at the idea. i think the engineers have been building towards either a licensing service where they go out and give off the waymo technology, for what they are doing now in phoenix, a ride-hailing service. they arehe odds -- really expensive. they will either be luxury vehicles or of of it will have to subsidize him heavily if they sell them for retail models. i think that sounds like something fiat chrysler wanted to rancher its i

be the very beginning of what will be a very big rollout of this technology overtime. emily: gmsident dan ammon on bloomberg television. coming up, has walmart gained the upper hand in the competition to dominate the global e-commerce market? we will discuss, next. bloomberg technology is livestreaming on twitter. you can check us out and follow our global breaking news network on tic toc on twitter. this is bloomberg. ♪ ♪ emily: this is "bloomberg technology." i'm emily chang. this week, amazon and walmart both holding their annual shareholders meeting. outlining accomplishments of the year and goals ahead. this is competition between the two companies heats up. walmart has been making aggressive moves to catch up to amazon. most recently with the purchase of a 77% stake in india's market. for more, we are joined by a former executive at amazon working on retell merchandising -- retail merchandising and supply chain. now he is ceo of glimmering commerce. it is a tech platform that works with the retailers. what is your assessment of amazon versus walmart? guru: if you look at i

in fact, the new chevy blazer will be built in mexico and imported to the u.s. gm's vehicle exports from mexico are up 39% this year with mmy of t winding up north of the border.ar a c indication automakers are not slowing down plans to build vehicles o iner countries despite threats from president trump to increase tariffs on those imported models. phil labeauic chago. >>> time to look at some of the today's upgrad and down grades in the market for a second day. nike was downgraded. this time at buckle ham research to neutral and brie buy. the analyst seesrganizational anges and inflation bringing in some risk, but overall remains positive on the company's long-term fujdss. as such, the price target was raised from $75 a share to 0. today nike shares closed at $73.43, and that was down a fraction. needham cut its rating on the chip makerkl 10 to hold from buy. the analyst there concerned some customers may spend less on equipment in the second half of the year. kla fell me than 3% on the day. >> molina health care was upgraded from hold touy wit a brokerage calling

most interesting parts is the re-skilling section, the survey of those who had been laid off from the gm factory. and follow up with those who had been through reskilling and those who did not, and those who did not work in much higher percentage in ploy to -- employed, compared with those who had scaled. her answer was reskilling lies with 50 years of research. it is in line with what we have. the point that you need to get these guys back to work is the central point. most of us -- it is true in terms of teaching. most successful teaching is inspiring kids by what you tell them to go to work and that is how you learn. it is even more so for a 50-year-old. it is very hard to get people --h democrat fix demographics like mine to learn new tricks. it is very hard when you're in that structural environment to do so. >> so much to talk about. to get to this saturation point, it is important to know that a huge part of our response to the industrial resolution was to increase education. at the start most people could not read and write. by the end of it, the vast majority of the working age

. >>> some tariffs being onsidered by the trump administration could lead to a, quote, smaller gm. the automaker also said the xpense of tariffs risked isolating the company from the global market in may they launched an investation into wheth imported vehicles launch aid national security .thre they were down 2.5% in today's session. > mexican voters are headed to the poll this sunday for an election that could shi a political paradigm in that country, and the results could have far-reaching preliminary indications for trade and business as well here in the u.s. michelle cabrera has more for us. >> it could be manuel ladore. he's run forresident befor and he's way out ahead in the polls. he's hitorically known as a radical leftist. sometimes he's compared to hugo chavez. this time he's much more to the center, even though he's t lleaning in his economics, right-leaning in his social policies. some in the administration had been worried about his rise to power and had tried to push for nafta to be renegotiated before th t election becausey thought it might be tougher to get a deal d

is the largest casino operator and the union is still holding talks with m gm. the union talks expired at midnight. >> number one in california in terms of people looking to skip town. new research shows a larger number of residents are leaving santa clara county than any other county in the entire state. the reasons are obvious to anyone who lives at the bay area. just too expensive for so many folks, especially low and middle income families and younger workers, realtor.com says people are moving to sack ramento and many leave state heading for arizona or nevada or idaho or texas. number two spot on the exodus -- county. >> this may not be a surprise. but more teens are spending more time than ever online but it turns out not spending much time on facebook. a new report finds that just 51% of teens actually use facebook. that's down 20% from the last survey in 2015. now youtube, the most popular outline platform for them, 85% of teens use that, instagram and sn snapchat are the next top sites. >> scanning nearly 9,000 ballot cards as we speak, part of the testi

we are not putting the breaks on it, we're continuing with the existing program and after 6 months the gmmation>( darya ) bart will revisit the issues of adding additional fare inspectors in the fall. ( will ) coming up in the next hour ... a man is attacked in the castro just days before pride events are set to begin. now... he's speaking out. ( will ) and after the break... teens open up about their drug use. ( anny ) and i am tracking your bay area forecast. (ácommercialá)(áábreakáá) (anny hong): high temperatures today are forecast to be much warmer than sundayús, especially inland areas which are expected to be in the 80s. (robin) no major hot spots. bay bridge wb 80 is less then 30 min from the maze to sf. san mateo bridge less then 30 min from 880 to 101. ( will ) 4 your health this morning... fewere american teenagers are using drugs. that's according to a new report from the c-d-c. the report shows that the number of teens who admitted to using drugs dropped by more than half from 2007 to 2017. but nearly 14% of teens say they have tekn opioids with out a prescription or differen

kd wants to sign a new contract with the warriors and the warriors gm said the two-timefi own price. >> wow. >> lucky man there. mr. durant and all teammates will hit the road starting at 10:00 this morning. >> we'll put the parade route on the screen to see it. here it is. quts tod"today in the bay's" bo staking out the best spot and expecting a lot of fans today. i already hear some of them behind you. >> there are already starting to trickle in. we have this gentlemen dreed in warriors colors and kind enough to bring his own microphone to serenade waiting for the parade to start. we're here at the starting line here 11th and broadway. what a beautiful sight with balloons and warriors colors on the tribune. you can see they are setting up more barricades out here. we were speaking to police. they say security is going to be similar to last year's parade. couple of things to keep in mind, we're expecting over a million people out here. probably not a good idea to drive your car. you want to take b.a.r.t. take the public transportation. look at the tv screen. this is what b.a.r.t. wa

ringing at the new york stock exchange here is texas light gm, and the nasdaq is -- somebody else --got them. ftse russell, there we go. the dow is up 117 points kelly? >>> thank you. welcome to the "closing bell", everybody, i'm kelly evans, the russell with the rebalance, generates biggest volume, and in the last couple years, the biggest volume the market has seen the dow had a begin of just 119 points, managing to break the eight day losing streak, but we did come into this the last coupling minutes of trading there. the blue chips close, and s&p up 5 points, 2754, nasdaq weaker, shedding a quarter percent today, same with the russell, and russell is 1685. now, the price of crude oil serged nearly 6% after opec modestly increased output today. not as much expected whether the price is climbing, going over 70 a barrel, and what does that mean for the summer driving season we'll get into all of that coming up. joining me on the panel today, barbara from north bridge wealth partners, and evan newmark on a friday welcome to you the winner on the week was verizon, caterpillar the lose

tesla employees are not part of the united auto workers union like workers for ford, gm or chrysler. >> their safety record is terrible. they've got numerous occupational health safety violations. they've been caught hiding violations by keeping them off the books. their wages and benefits are lower than they are for the rest of the industry. >> reporter: tesla founder elon musk recently gave an inside tour of his factory to cbs this morning's gayle king, but so far there's only been a written response on the rebate issue and that was to state regulators. in a 16 page response, tesla said it already complies with california's strict workplace standards and said the state was unfairly singling it out, " at a minimum any procedures must be applied consistently to all companies that manufacture cvrp eligible vehicles including those that have manufacturing facilities located outside of california in jurisdictions with lesser labor standards." now this proposal could be approved in sacramento as early as next month, but it could take up to two years before it would be enforced giving comp