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Oct 17, 2019
10/19
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union pacific is so much better run right now. plus pricing held up as well as some long-term contracts set during better times. as lance fritz, one of the best ceos in the business explained on the call, quote, we have been a little disappointed on the top from what we expected to occur i remember when he was here trying to find workers there was no workers now he is over here saying listen, we're going let some workers go even though union pacific's operating revenue was down 7%, their operating income declined only 2%. it's almost alchemy. that's how you get a not as bad feared quarter that's how a stock can rally off a revenue shortfall. it's about nabaf we saw something similar last time from csx. their cargos weren't as weak as union pacific's, but they did the same thing which gave us another not as bad feared quarter. boy, they made a ton of money. what else? last night, as i was leaving the office, step by step, inch by inch, i saw the not so hot report from united reynolds. the largest equipment rental company in america
union pacific is so much better run right now. plus pricing held up as well as some long-term contracts set during better times. as lance fritz, one of the best ceos in the business explained on the call, quote, we have been a little disappointed on the top from what we expected to occur i remember when he was here trying to find workers there was no workers now he is over here saying listen, we're going let some workers go even though union pacific's operating revenue was down 7%, their...
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Oct 17, 2019
10/19
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BLOOMBERG
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that is lance fritz, ceo of union pacific.: a quick look at where european stocks have finished the day. they fade into the close. volume on the ftse 100 enormous. as apicked up midmorning result of the deal news coming through. it has remained elevated throughout the rest of the day. a very choppy session. the headline level not showing that. up .2%. the dax fading into the close and the cac 40 down .4%. the analysis will continue at the top of the hour. the cable show will take to the air on dab digital radio in the london area. jonathan ferro is in new york. i will be joining him in london. we are around the world on all your bloomberg devices. this is bloomberg. ♪ vonnie: live from new york, i am vonnie quinn. guy: from london, i am guy johnson. this is "the european close" on bloomberg markets. let's check in with first word news. here with the details is courtney donohoe. courtney: there is a deal on the eu.ith the deal was reached in time for eu leaders to assess it at a summit that begins today. northern ireland's demo
that is lance fritz, ceo of union pacific.: a quick look at where european stocks have finished the day. they fade into the close. volume on the ftse 100 enormous. as apicked up midmorning result of the deal news coming through. it has remained elevated throughout the rest of the day. a very choppy session. the headline level not showing that. up .2%. the dax fading into the close and the cac 40 down .4%. the analysis will continue at the top of the hour. the cable show will take to the air on...
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Oct 28, 2019
10/19
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union pacific and csx. i keep thinking about just last week when jim foot, amazing csx ceo came on and said, look, for decades the rails in this country simply weren't that well run. perhaps look they only had limited competition. they rarely compete with each other and there are tons of cargoes too bulky to transport by truck but in the last few decades as our economy shifted toward low bulk and high value they start to take chair and went from 100% of transportation to just 8% finally the railroad decided they've had enough and bringing in a new group of executives who decide they needed to re-evaluate everything to take back the lost market share and came up with precision railroading. they manage trains more efficiently. making them more punctual and convenient and it breeds higher earnings per share and even though csx and union pacific didn't fall nearly as fast they bottom and came right back. they are both buys we saw something similar from dear this is different. it should have been hit. what does
union pacific and csx. i keep thinking about just last week when jim foot, amazing csx ceo came on and said, look, for decades the rails in this country simply weren't that well run. perhaps look they only had limited competition. they rarely compete with each other and there are tons of cargoes too bulky to transport by truck but in the last few decades as our economy shifted toward low bulk and high value they start to take chair and went from 100% of transportation to just 8% finally the...
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Oct 21, 2019
10/19
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finally there's union pacific. everyone thought union pacific was this wrong, it was this >> all aboard. >> i know some viewed this quarter as a disappointment. so much weakness across different cargoes, look, i think exactly the opposite, exactly. despite the revenue shortfall, union pacific generated some fantastic earnings if they can make this kind of profit when business is this bad, can you imagine how much money they will make when it's good what happens when you get a trade deal with china, and what if the fed keeps cutting rates, that would produce extraordinary returns here no wonder leading the transport, it rallied last week it's picked up another 5 points, 3, 4, 5% just today. listen, this afternoon i had the privilege of being on scott watner's half-time show. we had a spirited discussion led my good friend josh brown. the pessimism is unrelenting, the macro people seem oblivious to investing i think some of it is sheer intellectual laziness. they don't want to do the home work hey, listen, maybe they
finally there's union pacific. everyone thought union pacific was this wrong, it was this >> all aboard. >> i know some viewed this quarter as a disappointment. so much weakness across different cargoes, look, i think exactly the opposite, exactly. despite the revenue shortfall, union pacific generated some fantastic earnings if they can make this kind of profit when business is this bad, can you imagine how much money they will make when it's good what happens when you get a trade...
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Oct 17, 2019
10/19
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you know, the operating number union pacific has a fashion license. all right. >> unp shipment volumes down, but not a big surprise. >> how about taiwan semis saying they will spend 15 billion on equipment who does that say about a plot of materials what does it say about land research what does it say >> david, it's a podcast. >> i know that i don't know what it says, jim here i'll speak for the podcast listeners. i know we've got a lot of other earnings to cover as well. we want to get to ibm. >> that's positive and negative. we need a positive right now >> how about talking to larry kudlow, economic council director, on "squawk" a few moments ago, larry, thanks for joining us again >> ply great pleasure. thank you -- my great pleasure, jimmy, appreciate it, fellas >> larry, one thing you guys been get to with a "squawk" crew, china. >> and ag. >> can you specifically talk about that 40-to-50 number and the degree to which this is actually going to happen >> well, it was something that was agreed upon. i think it's a real number it's not, by the way
you know, the operating number union pacific has a fashion license. all right. >> unp shipment volumes down, but not a big surprise. >> how about taiwan semis saying they will spend 15 billion on equipment who does that say about a plot of materials what does it say about land research what does it say >> david, it's a podcast. >> i know that i don't know what it says, jim here i'll speak for the podcast listeners. i know we've got a lot of other earnings to cover as...
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Oct 17, 2019
10/19
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stock up over 1% trans-fritz, chairman and ceo of union pacific. >>> we had a triple digit gain in the dow, now gone red back to 2994 what's going on, dom chu >> what we're watching, carl, is churning in the marketplace, sector movements take a quick check what's happening with the overall market picture most trading in positive territory sector wise. tech is a notable laggard. we are watching that closely leading to the up side, health care names among those moving higher, mckesson, amer source better again, centene, seen some of them on a tear following news they're in talks for possible $50 billion or thereabouts settlement related to opioid lawsuits health care versus technology and what's happening with other names, it is an interesting proving point as markets are near record high levels whether there's more momentum. in the past week or so, more trade headlines, not just between the u.s. and china, and brexit this morning, moves more sensitive sectors in the economy. semiconductors, home builder stocks health care you want to keep an eye on, carl back to you at the new york stoc
stock up over 1% trans-fritz, chairman and ceo of union pacific. >>> we had a triple digit gain in the dow, now gone red back to 2994 what's going on, dom chu >> what we're watching, carl, is churning in the marketplace, sector movements take a quick check what's happening with the overall market picture most trading in positive territory sector wise. tech is a notable laggard. we are watching that closely leading to the up side, health care names among those moving higher,...
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Oct 22, 2019
10/19
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i'm much bigger in cat and united rentals and much bigger in union pacific. >> you didn't have to be in this at all and you are >> it's too tempting for me. i understand what he's saying, but at $8, a lot is priced in here anything, anything could go right and the stock is going to go up. by the way, it has had a nice year, pulled back from its high for sure, but it was at one point up 40% on the year it will come back. culpp is a great ceo and i think he's going to execute and deliver and you will see baby steps of improvement at this company and i think you're going to see a higher stock price a year from now. >> i think steve's comments underscore the importance of free cash flow $5 billion up to $5.7 billion, honeywell, same type of situation, if you are not increasing your free cash flow in the environment as you defined where you've got the challenges of trade tensions, steve was clear, this cannot be extrapolated to mean the global economy is accelerating. if that was the case oil would be $2 higher today and that global demand. it's not this is about a specific story this is
i'm much bigger in cat and united rentals and much bigger in union pacific. >> you didn't have to be in this at all and you are >> it's too tempting for me. i understand what he's saying, but at $8, a lot is priced in here anything, anything could go right and the stock is going to go up. by the way, it has had a nice year, pulled back from its high for sure, but it was at one point up 40% on the year it will come back. culpp is a great ceo and i think he's going to execute and...
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Oct 17, 2019
10/19
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union pacific not benefiting at all. bench up to get your car, tune into bluebird radio heard across the u.s. on sirius xm channel 119. this is bloomberg. ♪ alix: time for technically speaking. bill maloney, chartered market technician and voice of bloomberg's equity squad joints me now. you can listen to bill on the bloomberg. 200 day moving average, what you see? bill: british pound has been crazy today. 12830 eight,nce which is a retracement level of this entire range, which is 61.8%. second resistance 12877. 12760, thatsupport, is data back to may. second support rings you to 100 2714. alix: are g10 currencies supposed to look like this? bill: this looks like emerging-market chart. you can see the volatility in one day on brexit. the currency has been all over the place. alix: let's get to morgan stanley. that stop not all of the place. earnings crushed it when it comes to investment banking. where is the first resistance level we need to be watching into the open? bill: the stock is up about 4% in the premarket. the
union pacific not benefiting at all. bench up to get your car, tune into bluebird radio heard across the u.s. on sirius xm channel 119. this is bloomberg. ♪ alix: time for technically speaking. bill maloney, chartered market technician and voice of bloomberg's equity squad joints me now. you can listen to bill on the bloomberg. 200 day moving average, what you see? bill: british pound has been crazy today. 12830 eight,nce which is a retracement level of this entire range, which is 61.8%....
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Oct 3, 2019
10/19
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KPIX
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csx transportation, norfolk southern, union pacific, and bnsf railway are the companies named in theds had a price fixing scheme to illegally boost profits. the railways have not commented on the lawsuits. >>> a federal judge is pushing carnival corporation executives to work faster to fix ocean pollution problems by the world's largest cruise line. earlier in year, carnival admitted violating probation from a 2016 criminal pollution case as its ships continue to cause environmental harm. the company was hit with a $20 million penalty on top of a $40 million fine imposed in the original case. >>> and tech giant microsoft has announced a series of new devices including a new dual screen tablet. the new microsoft surface neo is made of two nine-inch screens, the screens are connected by a hinge and opens up like a book. it won't be available until late next year, but microsoft will release a new set of wireless earbuds this christmas. anne-marie? >> well, it looks cool. but the real question is, am i going to have to take out a small loan to afford it? >> and how many more screens coul
csx transportation, norfolk southern, union pacific, and bnsf railway are the companies named in theds had a price fixing scheme to illegally boost profits. the railways have not commented on the lawsuits. >>> a federal judge is pushing carnival corporation executives to work faster to fix ocean pollution problems by the world's largest cruise line. earlier in year, carnival admitted violating probation from a 2016 criminal pollution case as its ships continue to cause environmental...
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Oct 23, 2019
10/19
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one is the rails, csx, pretty good quarter union pacific, really good quarter.folk southern, not as good quarter. but, you know what, they suffer from comparisons if they had gone first coal down 13%. coal is i think the stick in the fork in it cargo the operating ratio, so important for the rails, not as good as the precision rail at csx or union pacific it is the one to watch because this group held up a whole group of other stocks. so let's watch this. it might be the key to this market >> might be the key to this market i diabedn't feel as though -- yu have to put it in perspective. it was a good quarter based on -- >> the operating ratio. >> right >> not because -- they are seeing -- it is autos. it is coal it is energy down >> i know. but the operating ratio, 65.4, the lower the better, people should understand that but i think norfolk southern is a great railroad i think the rails are a terrific place to be. again, not unlike cat, do we talk about the companies making much less at this point in the economic cycle, but norfolk southern too linked to coal,
one is the rails, csx, pretty good quarter union pacific, really good quarter.folk southern, not as good quarter. but, you know what, they suffer from comparisons if they had gone first coal down 13%. coal is i think the stick in the fork in it cargo the operating ratio, so important for the rails, not as good as the precision rail at csx or union pacific it is the one to watch because this group held up a whole group of other stocks. so let's watch this. it might be the key to this market...
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Oct 4, 2019
10/19
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or union pacific, we need a deal with mexico.lus, i mean, the currency is such an advantage for them it is almost 20. you move to mexico, i know the president will come after you, but free healthcare, very -- better education system than ever, a lot of safe cities, don't believe all the stuff, it is a big country, no pollution control rules to speak of. non-union. >> back to the employment number, 3.5% of unemployment, 3.5% >> no inflation. >> 1.5 or 1.6 on the ten year. >> how about that trump? >> david wessel sent out something earlier, if you told people 2009 this would be the way it looks, never would have -- >> not possible. unbelievable. >> ten years later marty busey from pay chex, why is the unemployment rate not lower? can't find people. it is a percentage >> if that were true then, why are wages down from the prior month? >> right. >> 2.9 if it is so tight, why do employers feel they can get away paying less than we were a month ago? >> i think there is a gig economy that shafts people don't do as well >> that's curious
or union pacific, we need a deal with mexico.lus, i mean, the currency is such an advantage for them it is almost 20. you move to mexico, i know the president will come after you, but free healthcare, very -- better education system than ever, a lot of safe cities, don't believe all the stuff, it is a big country, no pollution control rules to speak of. non-union. >> back to the employment number, 3.5% of unemployment, 3.5% >> no inflation. >> 1.5 or 1.6 on the ten year....
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Oct 21, 2019
10/19
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csx and union pacific up by 3%. boeing is a big drag on the dow. down another 3% or so today on some downgrades. more woes for the 737 max. i want to look at tech. 19 of the 20 largest stocks in the nasdaq on friday were lower but we are seeing a rebound today. apple is up 1.8%, fresh record. nvidia and rpc also up. on those oil companies, let's took a look at those. halliburton out with a solid earnings report this morning. growing its international market. that has to hire -- peers higher. getting an upgrade at citigroup on an attractive valuation. romaine: thank you. let's turn to the u.k., another blow to prime minister johnson's exit plan. john bercow has rejected the government plan or a second vote, saying members of parliament have already debated and voted on the plan. here with the latest is emma chandra from westminster. him tonot really expect move forward with this vote today necessarily, but it did appear boris johnson was counting on this to further his cause. right.ou're absolutely we had been expecting -- the government had wanted
csx and union pacific up by 3%. boeing is a big drag on the dow. down another 3% or so today on some downgrades. more woes for the 737 max. i want to look at tech. 19 of the 20 largest stocks in the nasdaq on friday were lower but we are seeing a rebound today. apple is up 1.8%, fresh record. nvidia and rpc also up. on those oil companies, let's took a look at those. halliburton out with a solid earnings report this morning. growing its international market. that has to hire -- peers higher....
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Oct 11, 2019
10/19
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i start worrying union pacific is a great tell if you're trying to gauge commerce with china it's always been a reliable play to gauge china exposure. they also have oil exposure though they're all tough industries could be a very challenging quarter. morgan stanley sells it around nine times that's a consistent earn that's too low you can buy this stock ahead maybe on monday and tuesday. friday looking for excellent results from coca-cola they're all about plain old good blocking tackling by management. pepsico told us that could coca-cola rebut them therm they'll try. it's also the one that's the best tell for whether china is serious because they should let america's best come in without a partner. that would be the key. and it might still be held up. then there's the oil service giant. this one used to give us consistent upside surprises but those days are long gone we still own it for my charitable plus and part of the diversity and my attempt to be able to diversify. i'll be talking about it on my conference call next week. i'll be talking about how we sold some for a loss and shou
i start worrying union pacific is a great tell if you're trying to gauge commerce with china it's always been a reliable play to gauge china exposure. they also have oil exposure though they're all tough industries could be a very challenging quarter. morgan stanley sells it around nine times that's a consistent earn that's too low you can buy this stock ahead maybe on monday and tuesday. friday looking for excellent results from coca-cola they're all about plain old good blocking tackling by...
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Oct 23, 2019
10/19
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wade down largely by union pacific, the two main railroads in the u.s. delta also went dividends today. really an awful guide for the fourth quarter. a lot of the other names in the chip space falling in sympathy. this is the consumer door bulls and apparel index. names, haynes and whirlpool. whirlpool coming out and saying the trade pictures affecting earnings here. nike and under armour, a switch in ceo, some concern here. one of the big bright spots in the market today, a lot of folks up and hiding out in the health care space. we did get some earnings. guiding investors a little higher. let's go to washington. mark zuckerberg is still testifying there. >> illegal and criminal as well. mr. zuckerberg: congressman, we do now. been that has always discrimination is not allowed. we recently entered into a settlement with civil rights groups. sha, to remove certain from our targeting including age, gender, and zip code. >> you haven't said we have removed. there is a difference. mr. zuckerberg: my understanding is this is already implemented. if i am inco
wade down largely by union pacific, the two main railroads in the u.s. delta also went dividends today. really an awful guide for the fourth quarter. a lot of the other names in the chip space falling in sympathy. this is the consumer door bulls and apparel index. names, haynes and whirlpool. whirlpool coming out and saying the trade pictures affecting earnings here. nike and under armour, a switch in ceo, some concern here. one of the big bright spots in the market today, a lot of folks up and...
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Oct 1, 2019
10/19
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union pacific and u.p.s.3% gold moving higher we'll have much more an power lunch at the top of the hour mplgt k >>> california is allowing athletes to profit from their name or likeness fewer rules and the demise of college sports my next guest is a college sports expert. andrew, great to see you my first question, the ncaa was working on loosening up some rules. what specifically might they have to come up with now in order to prevent this here >> there is a committee working on this already. they are due to report on something later in fall but obviously this is going to push up the time frame and make some other issues they've got to address this. they want to loosen up restrictions they don't want it to ever get near the idea of pay for play where you lose amateurism, however we define that in college sports >> here is what our colleague said he said this is what comes with a move like this the end of the ncaa. fewer rules and more cheating and the complete professionalization of college sports players w
union pacific and u.p.s.3% gold moving higher we'll have much more an power lunch at the top of the hour mplgt k >>> california is allowing athletes to profit from their name or likeness fewer rules and the demise of college sports my next guest is a college sports expert. andrew, great to see you my first question, the ncaa was working on loosening up some rules. what specifically might they have to come up with now in order to prevent this here >> there is a committee working...
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Oct 1, 2019
10/19
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the biggest decliners today include union pacific, csx and u.p.s. i spoke earlier with u.p.s.man daviding abney and askd him his view >> in the u.s., it's still consumer driven and we are seeing that it's holding up. it may not be as strong an increase as last year, but we still feel pretty good about what we're seeing. of course, we'd like to see industrial production and manufacturing increase but the consumer is holding on right now. and we're glad to see that >> now, on the international side, abney also pointing to brexit and china trade negotiations as headwinds. but also saying that his company has the flexibility to adjust, since we are in the fourth quarter right now. that means we're going into holiday peak shipping season i asked him about that, as well. he says the company is gearing up and is pretty upbeat, i would say, in terms of the forecast for the final couple of months of the year. but let us not overlook the news of the day and why i was speaking to u.p.s.' ceo abney in the first place. the company became the first of any to receive from the faa full part 1
the biggest decliners today include union pacific, csx and u.p.s. i spoke earlier with u.p.s.man daviding abney and askd him his view >> in the u.s., it's still consumer driven and we are seeing that it's holding up. it may not be as strong an increase as last year, but we still feel pretty good about what we're seeing. of course, we'd like to see industrial production and manufacturing increase but the consumer is holding on right now. and we're glad to see that >> now, on the...
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Oct 17, 2019
10/19
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news is priced in and it's not going to continue getting worse we heard today from the ceo of union pacific. he saw no signs of improvement and talked about the economy continuing to slow >> that's been the worst part. freight numbers have been awful for sure >> so the question of course is we all talk about is when does it turn over and impact the consumer at least right now, we're seeing a slow down in the pace of hirings. but still low level of firings but putting aside the retail sales number that was sought yesterday, if you look at the beige book, the comments on retail sales were choppy. uneven you saw some spots in some different districts that were positive and you saw some signs that consumers are holding back. so i think that we're not out of the clear and if anything, i do think the economy continues to slow if these tariffs remain on for a period of time certainly going into 2020. >> barry just thinks everyone needs a drink. he's bullish on molsen coors >> that's right. all confusion. out in the corn maze, pop open a -- >> no in all seriousness, we can play this talk about thos
news is priced in and it's not going to continue getting worse we heard today from the ceo of union pacific. he saw no signs of improvement and talked about the economy continuing to slow >> that's been the worst part. freight numbers have been awful for sure >> so the question of course is we all talk about is when does it turn over and impact the consumer at least right now, we're seeing a slow down in the pace of hirings. but still low level of firings but putting aside the...
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Oct 14, 2019
10/19
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union pacific thursday wolf will have a big week.cola and china gdp on friday those are a few of the things that's happening that's not all we couldn't fit it on the wall joining us to talk about all this is senior investment strategist at investco we appreciate you coming on. thank you. we've been on talking a few times about this trade war you might have heard about it. >> absolutely. >> looks like we're inching towards something. do you get more bullish on equities or change your equity strategy based on the events of the last couple days >> well, i think that in our case our investment strategy is staying relatively stationary looking at the incremental progress we have seen on the trade deal a lot of this i think has been projected by markets for several months now, which is a delay of the implementation of some of these tariffs that were scheduled for october along with increased agricultural purchases. i think this is more of a good first step as president trump is saying phase one and the important details are likely still to
union pacific thursday wolf will have a big week.cola and china gdp on friday those are a few of the things that's happening that's not all we couldn't fit it on the wall joining us to talk about all this is senior investment strategist at investco we appreciate you coming on. thank you. we've been on talking a few times about this trade war you might have heard about it. >> absolutely. >> looks like we're inching towards something. do you get more bullish on equities or change your...
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Oct 24, 2019
10/19
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KGO
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they're at the pacific union college fire side room and the yountville library. it's scrolling at the ticker that you can see at the bottom of the screen. >> going to check in with meteorologist lisa argen. are we at the peek of the winds? would that be accurate to say? >> not quite. we are certainly going to see the red flag warning until 4:00 this afternoon. as we look at live doppler 7, this is going to continue. the warm, gusty temperatures right on through the noon hour after about is is 12:00, that's when we'll see conditions calm down. temperatures in the upper 60s. big dome of higher pressure. yesterday.t on the heat from 31 degrees above where we were yesterday at half moon bay. napa, you are warm. everyone is experiencing mild, dry weather. here we are with relative humidity at 12%. napa, nevada, vallejo. even san francisco. relative humidity in the 60 to 70% range. half moon bay, 12%. that's all due to the sinking air wringing out the moisture. check this out. at 1:00 we are down to 7% relative humidity. that is a bone dry atmosphere. as you look at th
they're at the pacific union college fire side room and the yountville library. it's scrolling at the ticker that you can see at the bottom of the screen. >> going to check in with meteorologist lisa argen. are we at the peek of the winds? would that be accurate to say? >> not quite. we are certainly going to see the red flag warning until 4:00 this afternoon. as we look at live doppler 7, this is going to continue. the warm, gusty temperatures right on through the noon hour after...
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Oct 18, 2019
10/19
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it is rather remarkable because you get a company like union pacific and revenues are down 7. and, by the way, this is -- if you look at it, year over year, it is terrific, a lot of this is they don't have to price cut a lot of it is that they make more money off -- off of every car than they used to. >> talking about in the conference call and then with us during an interview -- >> too self-deprecating. >> downsizing, not downsizing. >> the layoffs, a year ago, talking about having to hire anybody who walked in the room they have been able to reduce very, very quickly by the way, csx, really terrific really terrific stories. and i've got to tell you, the rails, you think they should be hurt very badly given the trade issues they have to do with chinese they're hurt i think the rails are -- i think the rails are -- if larry kudlow is right yesterday, which, people bash me on twitter, kudlow, how could i agree with kudlow kudlow was saying that lighthizer was saying this lighthizer is -- a lot of people think in the navarro camp, david. >> he is >> well, he's in no camp maybe >
it is rather remarkable because you get a company like union pacific and revenues are down 7. and, by the way, this is -- if you look at it, year over year, it is terrific, a lot of this is they don't have to price cut a lot of it is that they make more money off -- off of every car than they used to. >> talking about in the conference call and then with us during an interview -- >> too self-deprecating. >> downsizing, not downsizing. >> the layoffs, a year ago, talking...
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Oct 28, 2019
10/19
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. >> i think goldman's wrong on this labor thing look, union pacific last year was telling me they had incarcerated that's no longer the case. >> your point is even though our trade war with china is not going to result in more jobs coming back here, doesn't matter because our employment is so tight. >> we need -- look, if you have immigration, i think it will be different. we shut down immigration pretty hard. >> we have very hard. there are questions about -- >> our birth rate is not -- birth rate has not picked up. >> it appears as part of the overall plan at at&t to increase margins by 200 basis points over the next three years you would expect there would be reductions in -- >> oh, david, i think that's really the undercurrent. >> at&t is up sharply. up almost 4.5% they reached, well, its peace with elliott, no doubt about that not a settlement in the way we typically refer to these kinds of things. nothing has been agreed upon in writing, no stand still or anything like that but they have the full support of that shareholder and you can see a lot of other shareholders getting on
. >> i think goldman's wrong on this labor thing look, union pacific last year was telling me they had incarcerated that's no longer the case. >> your point is even though our trade war with china is not going to result in more jobs coming back here, doesn't matter because our employment is so tight. >> we need -- look, if you have immigration, i think it will be different. we shut down immigration pretty hard. >> we have very hard. there are questions about -- >>...
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139
Oct 2, 2019
10/19
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CNBC
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. >> union pacific hard hit as the sector falls for a second day. kansas city southern also down 2% rail volume was down 7% last week, according to a report that was released earlier today year to date traffic down 4%, this news adding to the pressure from the weak manufacturing data yesterday. dow transports down 2% 19 of 20 stocks in the red showing the impact on the broader sector trucks and logistics, showing the biggest decline partly due to barkley's mid-sized truckers like land star seeing steeper declines in part because they're seen as more vulnerable to an increasingly volatile rate environment. back to you. >> thank you, frank holland. let's send it over to mike santoli for a second dashboard mike >> calling this passive aggressive the market over the past couple of months has been in both modes for a while. the chart of the s&p 500 to put the current moves in a bit of context here we slouched back pretty much into the range that had trap this had market for all of august another 2% or 3% below current levels before we get to the bottom o
. >> union pacific hard hit as the sector falls for a second day. kansas city southern also down 2% rail volume was down 7% last week, according to a report that was released earlier today year to date traffic down 4%, this news adding to the pressure from the weak manufacturing data yesterday. dow transports down 2% 19 of 20 stocks in the red showing the impact on the broader sector trucks and logistics, showing the biggest decline partly due to barkley's mid-sized truckers like land...
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Oct 17, 2019
10/19
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CNBC
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eye 77
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union pacific that number it opened down 3% i bought some on the open and it's rallied especially on the industrial side people are thinking we're seeing a trough on industrials the worst it will be on health care, politics was running the show for such a long time and now it's not as bad you get these good earnings and cheap stocks good combination >> united rental was up as much as 8%. >> short covering actually >> let's focus in on the other big stories. mike sana usche has the latest turkey's cease-fire agreement with the u.s. in syria let's start with morgan stanley. shares are higher after beating earnings expectations. earlier the bank's cfo discussed what the drove profit growth in the quarter. >> our investment banking business did very well the back of debt capital markets as well as m and a and our fixed income business continues to gain share >> let's get more with mike santoli on his first dashboard of the day >> that would be the first dashboard calling it soft bigotry. we'll take a look at that. nothing for tomorrow consumer discretionary stocks. a fight in the dog som
union pacific that number it opened down 3% i bought some on the open and it's rallied especially on the industrial side people are thinking we're seeing a trough on industrials the worst it will be on health care, politics was running the show for such a long time and now it's not as bad you get these good earnings and cheap stocks good combination >> united rental was up as much as 8%. >> short covering actually >> let's focus in on the other big stories. mike sana usche has...
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Oct 17, 2019
10/19
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CNBC
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eye 94
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you get that from union pacific, csx stock will be up because of expense control.ulous. >> we've got larry kudlow in a minute anything you would ask him >> look, i would ask larry where is the ag buy? the ag buy -- larry is in the camp that says look, the chinese, you can trust but verify i don't know i don't know if you can trust or verify, because the ag buy should have happened this seems like argentina again where maybe the president has been had. >> we will ask him just that jim, thank you very much see you coming up. >> yeah. >>> larry kudlow when we return. "squawk box" will be right back. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group - how the world advances. ♪ ♪ ♪ ♪ ♪ >>> welcome back to "squawk box. joining us now, larry kudlow, national economic council director been a while, mr. kudlow it's great to have you on this morning. i'm going to start with a philosophical question, larry. you've been there a while. i don't know if you were ever what
you get that from union pacific, csx stock will be up because of expense control.ulous. >> we've got larry kudlow in a minute anything you would ask him >> look, i would ask larry where is the ag buy? the ag buy -- larry is in the camp that says look, the chinese, you can trust but verify i don't know i don't know if you can trust or verify, because the ag buy should have happened this seems like argentina again where maybe the president has been had. >> we will ask him just...
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Oct 18, 2019
10/19
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CNBC
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now people find an excuse to buy union pacific or something on its numbers or the banks which all tradeds for -- >> i think so. >> my next stop. >> next stop we're just one stop along the santoli train. >> when does your weekend start? not until -- >> six. >> eight hours or so, nine. >> coming up when we return, why the fed could pause rate cuts. that story from steve liesman in just a minute. plus, barry sternlicht on what this would all mean for investors. back in just a moment. employees need more than just a paycheck. you definitely want to take advantage of all the benefits you can get. 2/3 of employees said that the workplace is an important source for personal savings and protection solutions. the workplace should be a source of financial security. keeping your people happy is what keeps your people. that's financial wellness. put your employees on a path to financial wellness with prudential. high protein. low sugar. tastes great! high protein. low sugar. so good! high protein. low sugar. mmmm, birthday cake! pure protein. the best combination for every fitness routine. ♪ ♪ ♪ ♪ ♪
now people find an excuse to buy union pacific or something on its numbers or the banks which all tradeds for -- >> i think so. >> my next stop. >> next stop we're just one stop along the santoli train. >> when does your weekend start? not until -- >> six. >> eight hours or so, nine. >> coming up when we return, why the fed could pause rate cuts. that story from steve liesman in just a minute. plus, barry sternlicht on what this would all mean for...
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Oct 17, 2019
10/19
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FBC
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. >>> union pacific, their profit fell pretty short again of expectations on lower crude oil shipmentsdown 1.6%. >>> alcoa gave a not so rosy forecast. it's pretty clean-cut. here's what they're saying. they may sell a billion dollars worth of assets and the stock goes up 9%. that, i can get my hands around. i don't care what analysts expected. on the call they say we are going to sell these assets and the stock goes up. come on. the price of gold, i don't expect it to be above $1500 an ounce and it's not. it's $1497. where's bitcoin? $7,000 or $8,000? i expect $8,000. i got it. $8,061. oil, i expect to be around $52 a barrel. $52.82. check the ten-year treasury. haven't a clue. no idea what to expect. same as yesterday at this time. 1.75%. >>> activision blizzard, they have given back the money which they took away from the gamer who had money taken off him because he said nice things about hong kong protesters. susan: he was supporting hong kong after he won a tournament over in asia. he's gotten his prize money back. i think he's still suspended, though, for six months along with th
. >>> union pacific, their profit fell pretty short again of expectations on lower crude oil shipmentsdown 1.6%. >>> alcoa gave a not so rosy forecast. it's pretty clean-cut. here's what they're saying. they may sell a billion dollars worth of assets and the stock goes up 9%. that, i can get my hands around. i don't care what analysts expected. on the call they say we are going to sell these assets and the stock goes up. come on. the price of gold, i don't expect it to be...
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Oct 24, 2019
10/19
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KGO
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you can also charge electronics at pacific union college, yountville library, napa main library. all of this information is at the bottom of your screen. >>> we'll take you back up to sky7 for a look at the fire in sonoma county. you can see the areas being evacuated. red wine wi rory road is one of. the fire is right up on that road. we just saw amy hollyfield, she's not even in guisersville, she's in healdsburg, from her vantage point she said she could see how the fire was getting closer to where she was. cal fire says 10,000 acres, zer. they say they have more than 300 personnel out there now. they're going to have to wait until daylight, which cannot come soon enough so they can get some of their aircraft out there to dump some fire rtardant and water on this fire. >> lisa has been tracking the wind conditions. >> at least another five hours where we will see wind gusts over 25 miles per hour, over 35 miles per hour. at half moon bay we've seen 41-mile-per-hour wind gusts. it's due to high pressure building on in. coming back we'll ♪ ♪ ♪ ♪ ♪ ♪ the holidays begin here at the
you can also charge electronics at pacific union college, yountville library, napa main library. all of this information is at the bottom of your screen. >>> we'll take you back up to sky7 for a look at the fire in sonoma county. you can see the areas being evacuated. red wine wi rory road is one of. the fire is right up on that road. we just saw amy hollyfield, she's not even in guisersville, she's in healdsburg, from her vantage point she said she could see how the fire was getting...
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Oct 24, 2019
10/19
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KGO
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at pacific union college, onics yountville library, napa main library. all of this information is at the bottom of your screen. >>> still ahead, the latest on the kincaid fire and the pg&e outages including the work to replace and upgrade power lines. >> before we go to that, a live look outside. nice and calm here far cry from >>> all right. good morning. combination of dry air mass, gusty winds and low relative humidity allowing for critical fire weather today. high pressure built in to northern california. that allowed for the gusty winds to really maximize at about midnight up to 70-mile-per-hour winds sonoma county. right now looking at maybe 37tor 40 miles per hour. the temperatures are warmest in the north bay. here's your high fire danger. red flag warning through 4:00 from the north bay, the east bay, into the south bay. just immediately around the bayshore and san francisco, not in this watch, but temperatures will hit 90 degrees in sfraean francisco today. throughout the day, 43-mile-per-hour wind gust throughout mount diablo. this is through
at pacific union college, onics yountville library, napa main library. all of this information is at the bottom of your screen. >>> still ahead, the latest on the kincaid fire and the pg&e outages including the work to replace and upgrade power lines. >> before we go to that, a live look outside. nice and calm here far cry from >>> all right. good morning. combination of dry air mass, gusty winds and low relative humidity allowing for critical fire weather today....
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Oct 28, 2019
10/19
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KRON
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several districts are closing schools today as expected we have mill valley novato unified pacific cut read union ross valley tell pious high school districts all shut down all 40's sonoma county public school districts will be closed. today and also tomorrow. we have a list of the charter school closures and the college campuses that are shut down as shut down as well if you want that list you want to take a look and see if you're on it or someone you know is on it go to our website that's available right now at kron 4 dot com. we have a complete list. to our breaking news that we're following for you this morning on top of the fires, evacuations and the souls ferocious winds, millions of people in the bay area are still in the dark pga new public safety power shutoff have been going on since saturday afternoon. we have a map for you take a look at this map that shows the areas without power. stretching from the north bay peninsula, san francisco all the way down to the south bay as we zoom and you can see parts of contra costa county. stretches along the 5 in the corridor through livermore even
several districts are closing schools today as expected we have mill valley novato unified pacific cut read union ross valley tell pious high school districts all shut down all 40's sonoma county public school districts will be closed. today and also tomorrow. we have a list of the charter school closures and the college campuses that are shut down as shut down as well if you want that list you want to take a look and see if you're on it or someone you know is on it go to our website that's...
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Oct 5, 2019
10/19
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CSPAN2
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eye 45
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and i know that in george's pacific, there's unions and ko koch, try to tell us workers had about. can you comment on some of the things you read across and during the research in terms of the way he related this to his workers. >> this is so predictable but please read the book. labor unions is threaded throughout this book. charles koch has been from the beginning as he said, we need took over the company, to break the union in minnesota and is very militant union. as a nine-month straight. a really hard fight. then over the years, they have funded the right to work efforts. they battled that across the board. we do ask how he retreats his workers, there are a lot of people who work at the headquarters at wichita that would jump in front of the bus for charles koch. they admire him and they admire the culture. they are hard-working people to give their lives to this company. then you've got other workers like these blue-collar manufactured workers who spent years of reporting on their massive distribution center there. i've got contracts going back to the 70s, and i had outside g
and i know that in george's pacific, there's unions and ko koch, try to tell us workers had about. can you comment on some of the things you read across and during the research in terms of the way he related this to his workers. >> this is so predictable but please read the book. labor unions is threaded throughout this book. charles koch has been from the beginning as he said, we need took over the company, to break the union in minnesota and is very militant union. as a nine-month...
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as a dragon a subsidiary of hong kong's traditional airline cathay pacific she was also the chairperson of the flight attendants union that supports the protest. it just took what was special operations at the facility manager tells us to leave the company's premises beijing has put pressure on prime businesses to suppress protest or to choose cathay is at the center of the controversy china issued a security warning against the company banning crew and pilots content protests from flying into and over the mainland more than a dozen employees were laid off creating an atmosphere of fear closing their facebook account they littering all of the photos. changing the profile page and changing the name. has become so common nowadays when i look up my facebook oh my god i couldn't work and recognize his that hong kong's economy has suffered from the crisis tourism retailer affected most but. so the financial industry that connects chinese and international businesses employees of the industry have been active in the protests some have founded a union in support of the movement nathan long one of the founders has since been
as a dragon a subsidiary of hong kong's traditional airline cathay pacific she was also the chairperson of the flight attendants union that supports the protest. it just took what was special operations at the facility manager tells us to leave the company's premises beijing has put pressure on prime businesses to suppress protest or to choose cathay is at the center of the controversy china issued a security warning against the company banning crew and pilots content protests from flying into...
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Oct 7, 2019
10/19
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CSPAN2
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eye 57
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remember a book that talked about a worker that was killed because of being poisoned in georgia-pacific there is unions and koch i've heard tries to tells workers how to vote. can you comment on the things that you ran across in doing the research in terms of the way he relates to his workers. >> this is so predictable but please read the book. labor unions in the story of labor unions and workers has threaded throughout this book and it played a much more important role the '90s. they have been opposed from the beginning as you said when he took over the company and one of the first things he did was break the union in minnesota. nine-month strike, really hard fight. over the years they have funded right to work efforts, they battle that across the border. when you ask how he treats his workers, there is people who work at the headquarters in wichita that would jump in front of a bus for charles koch. then you have other workers at the blue-collar manufacturing workers in years reporting a distribution center and its rough picture. i get the labor union going back to compensation and they have not got
remember a book that talked about a worker that was killed because of being poisoned in georgia-pacific there is unions and koch i've heard tries to tells workers how to vote. can you comment on the things that you ran across in doing the research in terms of the way he relates to his workers. >> this is so predictable but please read the book. labor unions in the story of labor unions and workers has threaded throughout this book and it played a much more important role the '90s. they...
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Oct 26, 2019
10/19
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CSPAN3
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during the war's final campaigns, dish officers -- british officers turned carlisle's union into at attempts at pacification. reaching out to disaffected patriots and using the promise of brand new self-government to encourage loyalists, following the capitulation of charleston in may of 1780, henry clinton promised white south carolinians that britain's goal was to restore the peace and liberty the colony had enjoyed under british rule, including exemption from taxation except by their own legislature. enshrined inrms 1780 in quinton's officer -- offer. the more had to and before they would get that. it is a promise never fulfilled. hundreds of people who responded accepted, mostd did so to protect their property, including slaves. you can see that story clearly in the exhibits ops there -- upstairs. when reformers were starting to call on parliament and congress to check the rights of slaveholders, legislative autonomy mattered. shelburne, of reddish prime minister during told the negotiations south carolina and who helped negotiate the treaty in 1782, the constitution of great britain was flexible to acc
during the war's final campaigns, dish officers -- british officers turned carlisle's union into at attempts at pacification. reaching out to disaffected patriots and using the promise of brand new self-government to encourage loyalists, following the capitulation of charleston in may of 1780, henry clinton promised white south carolinians that britain's goal was to restore the peace and liberty the colony had enjoyed under british rule, including exemption from taxation except by their own...
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Oct 1, 2019
10/19
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CSPAN3
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eye 60
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in the meantime, the union has had its hopes on holding the pacific ocean. the confederate won the reverse, and and 1860, two the confederate are going to be denied a specific, court even a confederate leading south care for. nina further on the issue of stonewall at the battle of masses and 1861 now doing his magic in the valley when he is all over the place between where these little stars are, he's all the way up. here if you want to drive from windsor to gala, ticks three hours by car. imagine doing this with what he called his foot calgary. he's up there, he's down there, he's across the way, a masterful campaign. operating with a small army in the midst of three other armies, stonewall jackson could operate independently, and he does. he keeps all those union armies there in the spring of 1860 to. in the meantime, george mcaleenan, a large army, at the army of the pacific really good for morale and bringing him down to this place. for tomorrow the oldest on foot in america you could take your loser friend and put him in the same spot today, and this wi
in the meantime, the union has had its hopes on holding the pacific ocean. the confederate won the reverse, and and 1860, two the confederate are going to be denied a specific, court even a confederate leading south care for. nina further on the issue of stonewall at the battle of masses and 1861 now doing his magic in the valley when he is all over the place between where these little stars are, he's all the way up. here if you want to drive from windsor to gala, ticks three hours by car....
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Oct 16, 2019
10/19
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KTVU
tv
eye 151
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union city. san carlos, 47. the system is producing good rain over the pacific northwest but for us, mostly sunny in the morning with increasing clouds leading to a cloudy to keep mostly cloudy afternoon. that will be the high-end mid- level clouds coming in. the front will arrive this evening and there's not much there. it will be cooler is the end result as temperatures will be under the influence of mostly cloudy skies. increasing clouds today. late tonight overnight into early thursday is our best opportunity for very light rain and i think san francisco, oakland and concord and north will do it. anything ut most likely drizzle. cooler temperatures take us into today and tomorrow. tomorrow, 50s and 60s for most. low 70s inland. today, 60s and 70s. morning clouds with a mix of sun and clouds and turning cloudy this afternoon. racy late thursday into friday and then it looks nice going into the weekend. >>> make sure you download the ktvu weather app. it is interactive radar, hourly updates and the seven day forecast and a really easy feature to upload your weather photos and video. the ktvu weather app is fr
union city. san carlos, 47. the system is producing good rain over the pacific northwest but for us, mostly sunny in the morning with increasing clouds leading to a cloudy to keep mostly cloudy afternoon. that will be the high-end mid- level clouds coming in. the front will arrive this evening and there's not much there. it will be cooler is the end result as temperatures will be under the influence of mostly cloudy skies. increasing clouds today. late tonight overnight into early thursday is...
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been working as a dragon a subsidiary of hong kong's traditional cathay pacific she was also a chip most of the flight attendants union that supports the protests. it's just quite a while special operations a facility manager tells us to leave the company's premises beijing has put pressure on hong kong businesses to suppress protest or to fifty's is at the center of the controversy china issued a security warning against the company banning pilots and protests from flying into and over the mainland more than a dozen employees were laid off creating an atmosphere of fear closing the facebook account they lifting all of the photos. changing the profile page and changing the name. they've become so common nowadays when i look up my facebook oh my gosh i couldn't work and recognize his that hong kong's economy has suffered from the crises tourism and retail are affected most but also the financial industry that connects chinese and international businesses employees of the industry have been active in the protests some have founded a union in support of the movement nathan lung one of the founders has since been put on p
been working as a dragon a subsidiary of hong kong's traditional cathay pacific she was also a chip most of the flight attendants union that supports the protests. it's just quite a while special operations a facility manager tells us to leave the company's premises beijing has put pressure on hong kong businesses to suppress protest or to fifty's is at the center of the controversy china issued a security warning against the company banning pilots and protests from flying into and over the...
SFGTV: San Francisco Government Television
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Oct 7, 2019
10/19
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SFGTV
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eye 38
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i and the union rep and we represent workers at cpmc's davies, pacific, and van ness campuses. i heard a lot about talk about numbers, and it looked good from cpmc's account. they were doing everything on the up and up. i want to tell another side to that. they said they hired so many people. i would like to ask the question of where? because i represent the tax, i represent the food service workers, i represent the p.c.a., i represent pretty much everybody but the nurses and they are all shortstaffed, even central distribution departments that deliver cotton balls around nurses, nurses can't even get cotton balls because they don't have the stuff to actually delivered those. i wonder where are all of these people hired? probably in management. the food service department has like 12 managers just to manage one shift, the day shift in the kitchen on any given day. that is probably where all their hiring comes from. speaking of the subacute, i would like -- i don't want to spoil anybody's hopes, but i don't think that they will ever have adequate staffing in the subacute because
i and the union rep and we represent workers at cpmc's davies, pacific, and van ness campuses. i heard a lot about talk about numbers, and it looked good from cpmc's account. they were doing everything on the up and up. i want to tell another side to that. they said they hired so many people. i would like to ask the question of where? because i represent the tax, i represent the food service workers, i represent the p.c.a., i represent pretty much everybody but the nurses and they are all...
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Oct 20, 2019
10/19
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CNNW
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union". is happens at 9:00 a.m. eastern time, noon pacific on cnn today. >>> bernie is back.housands rally in new york for democratic presidential candidate bernie sanders. the big endorsement he picked up for his 2020 bid. >>> the ongoing protest in chile have turned deadly. six days of violence have rocked the city of santiago. we have the latest for you. d yo. your very first sandwich, your mammoth masterpiece. and...whatever this was. because we make our meat with the good of the deli and no artificial preservatives. make every sandwich count with oscar mayer deli fresh. i didn't have to call 911.help. and i didn't have to come get you. because you didn't have another heart attack. not today. you took our conversation about your chronic coronary artery disease to heart. even with a stent procedure, your condition can get worse over time, and keep you at risk of blood clots. so you added xarelto®, to help keep you protected. xarelto®, when taken with low-dose aspirin, is proven to further reduce the risk of blood clots that can cause heart attack, stroke, or cardiovascular
union". is happens at 9:00 a.m. eastern time, noon pacific on cnn today. >>> bernie is back.housands rally in new york for democratic presidential candidate bernie sanders. the big endorsement he picked up for his 2020 bid. >>> the ongoing protest in chile have turned deadly. six days of violence have rocked the city of santiago. we have the latest for you. d yo. your very first sandwich, your mammoth masterpiece. and...whatever this was. because we make our meat with the...