uber's own autonomous driving system will be paired with volvo suvs.buys all 24,000 cars it would be the biggest sale yet for volvo which plans to make the vehicles at its factory in sweden. >>> and for a lot of people in new york city part of the holiday tradition is watching the balloons for macy's thanksgiving day parade being inflated but this year extra security options are in place. it will end two hours earlier at 8:00 p.m. and anyone attending will be screened. the park will be shut down at noon. no backpacks will be allowed and police officers will be stationed at every corner. >> diane king hall, thank you so much. >>> fixer upper. how simple changes to a home can help older americans live in their houses safely for years to come. here's the story of green mountain coffee roasters sumatra reserve told in the time it takes to brew your cup. let's go to sumatra. where's sumatra? good question. this is win. and that's win's goat, adi. the coffee here is amazing. because the volcanic soil is amazing. making the coffee erupt with flavor. so we giv

we will have more details on their order for more cars from volvo.loomberg. ♪ ♪ it is 1:30 p.m. here in hong kong, i am debra mao with the first world news. janet yellen says she will lead the fed once the successor is sworn in. per term does not end until generate, 2024. 1-14ice chair from 20 to -- 2010 to 2014, she has been there and even was once the council of advisors in george session bill clinton's council of economic advisers. the justice department is going to federal court to block the $85 billion deal between time warner and at&t. any agreement that requires the cell of cnn is a nonstarter. disagreements, we have offered concrete and substantial solutions and as he had to court, we continue to offer solutions that will allow this transaction to close. >> a luxury apartment in hong kong is asia's most expensive. by area. and unidentified buyer paid 148 million u.s. dollars for two adjacent flats. the record, 17,000 u.s. dollars per square foot, was that by this apartment. the hong kong property market may be set for a -- david: a fun day, d

we will have more details on their order for more cars from volvo. bloomberg. ♪ >> you are watching bloomberg technology. here's a check of your first word news. u.s. secretary of state rex tillerson says president trump's decision to return north korea to the list of countries designated as state sponsors of terrorism is part of the effort to discourage countries from doing business with the rogue regime. speaking at today's white house briefing, he indicated the u.s. will continue to work with china in dealing with pyongyang. >> we still hope for diplomacy. the timing of this is just one of those concluding the process. there is a very specific designation process that we have to do to be able to meet the criteria to make such a designation. we want to ensure we have fully met all of those requirements. iran,th korea would join sudan and syria on the list of state sponsors of terrorism. buzzfeed is reporting at a private dinner with oracle ceo, national security adviser h.r. mcmaster mocked president trump's intelligence. sources tell buzzfeed bene

vonnie: these volvo cars are made by the china company, right?hey have been on an absolute terror. -- tear. this really reflects a very, very good time for them as a company. i was trying to get my head around it with 24,000 vehicles. vonnie: i was looking at the computer function on the bloomberg because i was going to do some math. have you spoken to anybody in the finance world who might be talking to you about how best uber should finance this? ed: no, i've not spoken to bankers around the company. what's interesting from the finance side of this is that uber is the biggest private company in the world right now. it is valued basically on its current concept. this is a completely new structure of company for uber. it raises the question of how is the private investor valuing this company? they are value it on something that until this morning did not look like it was going into the future. shery: you're covering another dealmaking headlines with marvel saying it plans to announce its buying cap him. ed: this is a much more straightforward dea

it is something that is related to volvo. david: that is hakan samuelsson of volvo. janet back on capitol hill very shortly. -- janet yellen back on capitol hill very shortly. this is bloomberg. ♪ janetoments from now, yellen will testify before the congressional joint economic committee. she will discuss her latest outlook, 24 hours after the nominee, jay powell, had his confirmation hearing in front of the senate. around the table, michael mckee. are we expecting to see any daylight between what we heard yesterday and what we are about to hear today? michael: no. pretty much the same thing jay powell said. the economy is growing and the labor market is getting stronger and wages need to go up a little faster, but that is starting to happen. inflation should rise and that means we get a few more interest rate increases. jon: stephen has done the compare and contrast of the statement today in the statement yesterday. he said the powell approach has a close ended nature. we expect interest rates to rise somewhat further and yellen is more open ended when she says we c

it is a private company owned by a chinese firm not affiliated with volvo ab. why go for volvo?ngs volvo has going for it is the cars are generally known to be quite reliable and quite safe. they have fitted in with lots of lasers and cameras and gps and all sorts of things so they can drive on the road, but they have had a backup person sitting in front just in case something goes wrong. so far, those tests have proven pretty positive. the fact they are buying 24,000 cars suggests that they are reasonably happy with how the tests went. i think they had 100 of those for those initial trials. so, that is what they are doing. >> nestle could be going shopping. based company said to be expanding into healthier food through a potential purchase of hain celestial, a maker of vegetarian foods. they may not be alone in the interest. who else could be interested ?ch >> it is one of these companies, a lot of interest in a little bit of the company. really attractive assets. we do not know if they are going to do the whole company transaction or if they are going to try to cherry pick bra

and in sailing spanish yacht my friday has won the second leg of the volvo volvo rather ocean writes its crew playing catch up for most of the seven thousand miles from lisbon to cape town where they took the lead in closing stages the win gives my fright the overall lead in the competition next leg is set sail for melbourne australia. and just a minute it's time for the bundesliga pavlo fully in the us with all the action so far this weekend including bruce you don't want and shall cut i think out and a to go thread. up next here on it every news. crime fighters and the new season of radio crime thrillers begins. for investigative cases that will keep you on your toes. crime fighters stories of the best idea ever so every young person needs to listen to crime fighter and share tell a friend tell a friend to fight. crime fighters don't miss it. does not germany is a strong country. that we have achieved so much we can do this and if something him to resign we must overcome it in the. going where it's uncomfortable global news that matters t.w. made for mines. it's much day thirteen a

volvo said china's booming e—commerce sector will over great opportunities for autonomous delivery vehiclesmeanwhile, futurist website the verge asks whether tesla's much heralded launch of an all—electric truck will be received favourably considering the lack of infrastructure currently available for electric vehicles. finally, the new scientist reveals how astronomers have sent a radio message to a neighbouring star system, one of the closest known to contain a potentially habitable planet. however, if we are lucky enough to get a reply, we will have to wait up to 25 years to receive the return message. it would still be quicker than the replies i from some friends. so let's begin. with me is priya lakhani, who is a successful entrepreneur and founder and ceo of century tech. what message would you ask to alien life out there? we will share some m essa 9 es we life out there? we will share some messages we have had coming through a little later. priya, letters begin with this story in the toronto star. the situation in yemen is absolutely desperate. and the fact that this blockade is perh

volvo said china's booming e—commerce sector will over great opportunities for autonomous delivery vehiclesaunch of an all—electric truck will be received favourably considering the lack of infrastructure currently available for electric vehicles. finally, the new scientist reveals how astronomers have sent a radio message to a neighbouring star system, one of the closest known to contain a potentially habitable planet. however, if we are lucky enough to get a reply, we will have to wait up to 25 years to receive the return message. it would still be quicker than the replies i from some friends. so let's begin. with me is priya lakhani, who is a successful entrepreneur and founder and ceo of century tech. what message would you ask to alien life out there? we will share

and in sailing spanish yacht my freya has won the second leg of the volvo volvo rather ocean race its crew playing catch up for most of the seven thousand miles from lisbon to cape town where they took the lead in the closing stages the win gives maffra the overall lead in the competition next leg so he's set sail for melbourne australia. and just a minute it's time for the bundesliga pavlo folie with all the action so far this weekend including bruce you don't want and shall come fighting out and eight gold thread. is up next here on news.

some reports say 24,000 autonomous volvo cars.comes months after announcing they would collaborate on developing self-driving cars. >>> honda is stepping up on efforts to convince owners to replace dangerous air bags. launching campaign on facebook. three days after found only 43% of recalled takata refills have been removed in u.s. despite the threat of breaking apart and hurling shrapnel. people have been killed by faulty inflaters. >>> some conservative groups calling starbucks cup as propaganda campaign for gay agenda. some interpret the hands as condoning homosexuality. even the ad shows two cartoon women holding hands. starbucks is humbled by how passionate people are about the holiday cups. >>> researcher found out that blue whales switch from right to left-handed when diving for food. can switch sides when necessary. krill patches are dense at more than 200 feet below the surface. dive into prey where roll to the right. but near the surface they roll more often to the left. thought is they can catch more food that way. one

volvo said when operated properly, their system can free experience. mercedes-benz, says it is trying to minimize driver distractions. >>> at&t is working on fixing a wireless outage. some people can't make or receive calls. it's not clear how many people are impacted. at&t says you should restart your device and see if that solves the problem. >>> the numbers are out. this year's thanksgiving meal should cost less than last year. that's good, since you'll be paying more in gas. turkey prices are down, and the average thanksgiving dinner for 10 is going to cost you $49.12. that's down a whole 75 cents from last year. >>> the queen of yoga pants is debuting new shoes in its collection. lulu lemon is out with its first ever sneaker partnership. there are three styles. a pair is going to cost you about $150. >>> google search feature. now you can find out estimated salary ranges for the position you're looking for. earlier this year, the tech giant launched a new jobs tool. >>> that's wusa9 at 5:00. the news at 5:30 starts now. >> this has been a hot topi

the volvo ocean race. since 1973, the most experienced

the first thing i ask is why volvo?t i think their cars are generally known to be quite reliable and quite safe. one of the biggest concerns people generally have with the idea of an autonomous vehicle is are they safe. tore's probably an aspect that that makes it quite appealing. mark: what sort of tests are taking place? themey have been testing in pittsburgh and a couple of other places in the u.s. and essentially what happens is they are kitted out with lasers and cameras and gps so they can drive around on their own. they have had a backup person just in case something goes wrong. those tests have proved that he positive. bad -- they had about a hundred of those initial trials. that's what they are doing. vonnie: those suvs are $47,000 apiece. did uber have to buy these particular brand of vehicles? could it have gone somewhere else? >> i'm sure they had offers. one of the things that's quite notable about this is the vehicles are not small. they are not the tiny car that you see in a lot of the media. they're quit

volvo said it'll provide up to 24,000 of its xc90 premium suv's. the deal is based on a partnership announced by the two companies last year. it's all part of their plan to have a fleet ofself driving cars to pick up and drop off passengers across the country. vovlo and uber pledge to combine money toward developing the cars. >>> you will like this the city of oakland wants to speed up the process of repaving streets that really need repairs. yesterday city officials revealed this. a new piece of equipment bought with money from measure kk that voter as proved last year president it's called a mugging machine or grinding machinet. grinds away that old asphalt before the new is laid down. >> a key part of the paving process obviously and this replaces and augments the fire machine that has issues to say the least. >> now the new space gas line tax also helped hire 20 workers to pave the roads and sidewalks in oakland. officials say that right now they are on track to finish city council's five-year paving plan that was adopted back in 2014. >>> the

volvo wants to sell cars like verizon sells phone service.the auto maker has unveiled a new way to own and operate your vehicle. for $600 a month it will sell customers an suv, that figure includes the cost of the car, taxes and delivery as well as insurance and access to their concierge service. all you have to pay for is the gas that you use. >> sounds too good to be true, but i like it. >> a lot of new ideas you have to come up with them. >>> 4:41. happening today, a chance for you to help out santa claus. a san francisco post office inviting people to help sort through all those letters that kids are writing to st. nick. volunteers routinely buy gifts, write responses. this continues every tuesday and thursday until december 20th. >> santa needs all the help he can get. >> no kidding. >>> coming up on "today in the bay," a chilly start to the day, vianey is in for kari. >> we have the 30s and 40s again, santa rosa at 39 degrees, san francisco in the 40s, but it looks like we do have big changes ahead for the weekend. you will want to stic

volvo is debuting good for his compact s.u.v. the x e forty is the first model to use the car makers compact modular architecture thereby providing the basis for future variants the x e forty currently comes with a choice of one b.'s oak and one gasoline engine volvo's new crossover should arrive at dealerships in spring. twenty eighteen. votes who i guess future seems secure says card has to close nice vids and backs it up with a figure that e.w. sold almost six hundred thousand cars in september two thousand and seventeen alone a most vehicles sold in a month in the company's history so folks who i can to do everything right there are now new interesting models completely new technology and of course fuel efficient environmentally friendly engines one vehicle with these new technologies is this right iraq iraq is based on the gulf and many people call it a goal of the s.u.v. an off road vehicle if clowe says the way it looks and what it offers it could make it a great success and with a. small s.u.v.s or a big trend one that bo

cheryl: well, automaker volvo has taken a state and to plan for self driving cars.auren: tracee carrasco joins us more with that. >> good morning ladies. volvo says it has agreed to supply it over with the fleet of 24,000 health driving taxis beginning in 2019. one of the first and biggest commercial orders for such vehicles. the deal was for it the suvs which already include advanced autonomous features like systems to keep the clients and maintain the proper distance to another vehicle. according to "the wall street journal" in order like this would account for 4.5% of volvo's current total sales and is estimated to be worth more than $1 billion. lauren: speaking of uber, in hot water again more shocking revelations. a colorado regulators with serious criminal to work for the company. the former prison escapees with drivers licenses. they should have disqualified that they were allowed to work for uber anyway. just 10 days to pay 50% of the massive fine or request a hearing to contest the penalty. cheryl: let's talk about travel to unbelievable deals to europe out

volvo wants to sell cars like verizon sells phone service.h it will sell customers an suv. that feature includes the cost of the car, taxes and delivery as well as insurance and access to volvo's concierge service. all you have to pay for is the gas that you use. also a quick check of your markets. a mixed trading session today. the dow closed at a record high on continued optimism that congress will pass tax reform. the nasdaq had its worse day in three months. sell offs like facebook, apple and amazon. >> thank you. talk to you tomorrow. >>> 5:24. growing scandal. details behind the latest sexual misconduct claims against fired "today" show host anchor matt lauer. >> a piece of philadelphia history could be yours. the auction that's offering up a car used by the pope during his trip to the city of brotherly love. >> i'm bill henley. a cold start this morning and we've got some clouds too, but get your sunglasses ready. we'll see some sunshine today. you'll have to bundle up first thing this morning. right now 38 degrees with a little bit of

you have volvo launching a d riverless heels.unching a driverless truck in beijing, the market is so competitive now. they have just got to keep innovating, and quickly. absolutely, and you have some of the real big names in the class 8 segment, like daimler, they have their models out there, and if anything it could be a little late to the electrification of commercial vehicles, which is quite unusualfor them. commercial vehicles, which is quite unusual for them. what about the infrastructure in place to facilitate the launch of these sorts of vehicles? that is one of the biggest stumbling blocks. again, and thatis biggest stumbling blocks. again, and that is more of a concern to fleet drivers than commuters, because they need to travel long distances in a certain amount of time, so that is a big concern to them. really good to talk to you, thank you very much for joining us. let's take a look at some of the other stories making the news. there have been more takeover approaches for media giant 21st century fox. according to rep

with volvo you can go on-line, and you can order this car, and sign up for the care by volvo subscription service and pay wean $600 and 700 a month and your car payment, insurance, and your service is covered, plus 24-hour roadside assistance. so it's like netflix or amazon prime for personal transportation. >> it look like ordering an iphone. you could pick it all out and will be sent to you. what about technology and electric cars? this last year or so, we've seen electric cars come up and have as much power as conventional cars. you see a lot of that on the floor there? >> we do. chevrolet bolt was the first one that competed -- that presented an alternative. you could go 200 to 300 miles on a charge like a normal car. and now we are seeing things like the bmw roadster which is a convertible version of the i8 coupe. both are very powerful cars because they provide internal combustion with an electric motor. they can do 0 to 60 in between 4.2 and 4.4 seconds. yet they still live up to the ultimate driving machine tag line for bmw while being very fuel efficient. >> bmw always has a big

. >> they made a deal with volvo to buy 24,000 volvo cars and outfit them with the automation hardware to pick up passengers automatically. uber didn't have the right permits at the time, so they moved the operation to arizona. automated ubers are one step closer. uber is a privately held company. volvo is a chinese company. there is an american stock player. the chip that goes into the ubers. stitch fix continues to be a mess. it is trading below its own i.p.o. price. they debuted on the market on friday. except for a quick spike, it's been downhill since. janet yellin is going to resign. she has the option of staying on the board of governors for years to come, but she's chosen not to. she is a former berkeley professor. we would be happy to have her back. >>> more on the trump administration's plan to end net neutrality. the fcc chairman will talk about that more today. internet companies, particularly start ups, facebook, google, internet suppliers are in favor. net neutrality is very, very simple. all data should be treated the same. if you are a little science project an elementa

stuart: volvo majority owned by ge. >> that's right.rt: president trump reverses his decision on elephant hunting, here is the tweet. big game trophy decision will be announced next week but will be very hard pressed to change my mind that this horror show in any way helps conservation of elephants or any other animal. katrina pearson is with us form early with the trump campaign. so the original decision was, yeah, he can bring the trophies back, the decision over the weekend, oh, no you can't and we might make the ban of the trophies permanent. sounds to me that he was listening to constituents because, katrina, i have never heard outcry of an issue like this ever before. >> no, you're absolutely right. this was a bipartisan outrage as i call it. but if you look at the memo on the fish and wildlife service website, it goes into a very detail and these are the careered employees under obama when the ban was put in place who did a significant analysis with one thing in mind and that is does trophy hunting increase the survival of the el

it is a private company owned by a chinese firm not affiliated with that public although -- volvo ab.he things a volvo has for it is it is quite reliable and quite safe. >> they have tested them in pittsburgh. essentially what happens is, they are kitted out with lasers and radar. it's so they can drive around on their own. person, justackup in case something goes wrong. it has proven pretty positive. it suggests that they are reasonably happy with how the test went. i think they had a hundred of those for the trials. that's what they are doing. >> nestle could be going shopping, said to be heading to healthier food through a .otential purchase a maker of vegetarian foods. they may not be alone in the interest. companies,e of these a lot of interest in a little bit of the company. really attractive assets. are they going to do the transaction or just try to cherry pick? they will not sell off the crown jewels. the equity company to take out the whole of the business and identify the assets. ♪ >> take a look at the bloomberg, > function that shows short interests. look at the percentag

. >> any people in this audience own volvos? >> yes, there's a global decision. >> but there's that decision on chinese cars owned by chinese companies but the point that megan made, is not about leader in technology but it's being a leader in the global automobile market. >> in the sense that perhaps with electric cars, they can leapfrog over the well-established and more advanced international competitors. >> volvo made the commitment by 2019 no more oil. >> that was misleading because they said it could be an electric car or it could be a hybrid. and my mind went to see the new volvo and on one charge you get 14 miles. >>. >> the lady is back but there are two ladies and in order we will go. >> stacy worden in the center for financial markets. and the road to national prosperity and economic growth i would say it is strewn with the dead bodies of oil-producing countries and nations throughout history. the from disease, corrupt until now. oil price volatility on banking centers, and i was wondering if you have a view on that w

to two ubermove on and volvo. matter big subject giving your exposure to nickel.got this corporation agreement on batteries this year, how is that going to work? what are you investing in it? can you paint the picture for us? >> i'm not in the position to describe the initial agreement in full detail, but we are in the business of producing precursors that are used in the production of batteries. we are exploring the opportunity facility a production that would be supplying precursors. there are be stages before this. no one is in a hurry. view on hows your electric vehicles are going to continue to transform the metals market. onrey: i think it depends which side you are on. producers, cobalt producers, it seems to me a good opportunity over a decade or two. the production of these electric vehicles will become massive. in terms of metal content for a , you would have to use more metal. mark: palladium is the other side of the story. if electric vehicles push out other cars from the market, how does that affect the whole palladium? andrey: it is not going to happ

some sailing news now spanish matt fry has flown the second leg of the volvo ocean race its crew playing catch up for most of the seven thousand miles from lisbon to cape town they took the lead in the closing stages the win gives matt frei the overall lead in the competition the next leg sees the yacht set sail for melbourne australia. news in berlin more from us at the top of the hour in the meantime of course don't forget you can get all the latest news updates from website that's d w dot com up next here on t.w. part two of our documentary on the fall of the soviet union. germany state by state.

and in sailing spanish yacht muff ray has won the second leg of the volvo ocean race its crew was playing catch up for most of the seven thousand nautical miles from lisbon to cape town but in the closing stages of the race they did manage to take the lead and that win gives the overall lead in the competition standings the next leg says competitors setting sail from cape town to melbourne australia. get you can always get g.w. news on the go just download all app from google play all from the apple store that'll give you access to all the latest news from around the world and also to push notifications when you have breaking news for you you can also use the g w out to send us your photos your videos. in just a minute it's time for the bonus leg up pablo foley in the us with all the action so far this weekend including the risk you don't want and shall co fighting out on a two goal when. you really shouldn't miss that it's up next year on news.

and especially when you have big investors trying to come in, they have partnerships with volvo for autonomousse are big brands that don't want to be tarnished. it will need a big change in culture. think you for your time. we will keep an eye on the shore. it is bring you up—to—date with what is happening in bali. the airport on the indonesian tourist island of bali has been closed for a second day because of fears of a volcanic eruption. mount agung is continuing to spew gas, ash and smoke — a sign that a full—scale eruption could soon take place. how's this affecting the all—important tourism industry? let's go to our asia business hub where rico hizon is following the story. what is the latest information about this? it is so important to bali, especially this time of year. absolutely. tourism is the backbone of this popular indonesian resort island. last year, the local economy posted a growth of more than x % and that was even stronger than the rest of the country, —— 6%. 300 million strong. since the threat of the eruption over the past few months, it has already cost the island about 1

and in sailing spanish free has won the second leg of the volvo ocean race its crew was playing catch up for most of the seven thousand miles from lisbon to cape town but they dug deep and took the lead in the closing stages when gives my friend the overall lead in the competition for the next leg set sail from melbourne australia. on to tokyo now where despite initial costs the city appears to be on course to have everything ready for the twenty twenty olympic games it's just unveiled the first of eight venues the forests for plaza will host badminton modern and tat's lawn and fencing as well as basketball for the paralympics the building has a capacity of ten thousand and the remaining venues are expected to be completed in the next two years. and here's a reminder of the top story we're following for you egypt has launched airstrikes in response to friday's deadly attack on a mosque in the sinai peninsula the warplanes are said to have hit suspected militant hideouts the mosque attack has now claimed more than three hundred lives. you're watching the news in berlin more coming at t

what is volvo? volvo. right. let's do, um...

. >>> uber and volvo are expanding their deal to create a self-driving fleet. 2019 and 2021... in a $1.4 billion agreement uber plans to buy 24,000 xe90 volvo suvs between 2019 and 2021, then add its own self- driving technology. uber is test driving the suvs in san francisco and pittsburgh. it's the clear when these self- driving suvs would hit the road. >>> this milling machine to speed up road repairs is 8 feet tall and 30 feet long including the conveyor belt. it's designed to grind and remove the top layer of asphalt to make repaving easier and the road last longer. the city can use its on workers instead of more expensive out contractors. >> this is not only going to actually replace our damaged streets because i'm tired of just filling those potholes -- we need to replace the streets -- but we're also bringing this work in-house. >> oakland's department of transportation plans to hire and train 20 new workers this winter and begin a full on repaving effort next spring. only in san francisco the public toilet -- >>> only in san francisco the public toilet designed to look

uber and volvo a partnership for autonomous cars.an you tell us about this. >> yes, surprisingly uber has ordered 24,000 driverless cars from the european car maker volvo in a bid to make an entrance into driverless technology. the plan would be to introduce a fully self-driving autonomous fleet of vehicles. whereby passengers would not need to have a human driver at the wheel. and also looking to roll this out in select couple of cities where they have fleets available, such as phoenix and pittsburgh. clearly the rates nor the first driverless car in taxi format does continue. >> i got to say if a driverless car rolls up for my pickup, i'm not getting in it. just saying. live from london for us. thank you. >>> still ahead, new details emerging about the alleged assault on senator rand paul and what may have led up to the altercation between him and his neighbor. >>> plus details on the cold blast of air set to make its way across some parts of the country. coming up. it can detect a threat using ai, and respond 60 times faster. it l

uber made a deal with volvo. they are fit with automation hardware to eventually pick up passengers automatically. we have seen them in san francisco. uber didn't have permits at the time to do it. automated uber is one step closer. that is a privately held company. volvo is a chinese company. there is an american stock play in this. the chips that go into the ubers. the stock is near a record high. >>> stitch fix continues to be a mess. it is now trading below its own ipo price. they debuted on the markets friday. except for a quick spike, it's been downhill ever since. >>> we should hear more detail about the plan to end net neutrality rules. the fcc chairman will talk more about that. internet companies, start up, facebook and google oppose it, too. comcast is in favor. this tv station, by the way, owned by comcast. it is the idea that everything should be treated equal. nobody should get a fast lane and nobody should be slowed down for not paying extra. >>> marcus and laura, i think every science fiction movi

volvo said it'll provide uber with up to 24,000 of its xc premium 90suv's. the deal is based on a partnership that is part of the plan to have a fleet ofself driving cars to pick up and drop off passengers across the country. they prejudice to invest a combined $300 million toward developing thoseself driving cars. >>> the city of oakland wants to speed up the process of repaving street that really need repairs. yesterday this was revealed. a new piece of equipment purchased from measure kk that was approved last year. that's called a milling machine or a grinding man she'llt. grind away the old asphalt before new is laid down. >> a key part of the paving process obviously and this replaces and augments the previous machine. >> the new state gas tax also helps the city of oakland hire 20 workers to pacific the roads and sidewalks in oakland. officials say that right now they are on track to finish city council's five-year paving plan that was adopted in 2014. >>> the muni board set to vote on whether to continue to allow marijuana ads on muni property. accor

. >>> uber plans to buy tens of thousands ofself driving cars from volvo. its part of their plan to have its own feet of vehicles. volvo will give uber up to 24,000 of its suv's complete with theself driving technology. it's based on a partnership announced by the companies last year. its part of a plan to have a fleet ofself driving cars to pick up and drop off passengers, all over the country. they pledge to invest a combined $300 million toward developing theself driving cars. >>> if you have an i-phone 10 it'll be a little easier to use ebay. the online auction company's app supports apple face id to buy something. ebay is the first third party app to allow the face id users to make a transaction. it uses facial, mapping technology to confirm the identity of the user. apple said that face id is more secure than the touch id feature that reads a user's fingerprints. >>> there are some new questions about safety at sfo. reports of two more close calls at the airport. we will tell you how close airplanes got from a possible disaster. >> and people in three

i do think of volvo in that context. they tend to be more suburban vehicles.in the futures curve yet? alix: you will. the oil could crash to $10 on this. joanathan: investors will see more room to run through it. there will be multiple strategist using the year-end target. we spoke to keep parker of ubs. geth: we think 2018 can solid growth around 8%, valuations are cheaper than you think. we have higher medium growth expectations not priced in. the upside case is a corporate tax cut, which we still see as likely. joanathan: joining us now is chris harvey. there year in target to 2636. that's a big upward revision. is that where we are in the market? >>: that is our 2017 target. 6% or18, we are expecting 7% return. what we are looking at is everything is expensive. similar to 100 basis points. you are looking at mid single-digit returns. that's it we are going to get in 2018. we are still speculating on speculation. we are looking at a fed tightening cycle. what we have seen and we have gone back to 1996, multiple compressions of two points. taxes mayou get fr

. >>> uber plans to buy up to 24,000 self-driving cars from volvo beginning in 2019.e nonbinding deal goes through, it would be volvo's biggest sale of autonomous cars yet. uber's self-driving system is still being developed, but in the future, the company could make driverless cars available to passengers. the deal comes as the company struggles with its human drivers. uber was fined $8.9 million monday for improperly conducting background checks in colorado. >> so, can we now just cure the common cold? we have self-driving cars -- >> i know, it's true! that is actually funny. >> technology. all right, "early start" continues now with the latest on 59,000 haitians. >>> haitians who came to the united states after the deadly earthquake in 2010 have 18 months to leave. protected status ending, despite concerns haiti cannot handle an influx of tens of thousands. >>> the white house may not want roy moore, but they need him in the senate. how does that square with leading republicans who have promised to expel moore if he wins? >>> and a day of epic proportions at the wh

volvo has not spoken as to why. "the new york times" points out, several companies have deleted tweets. realtor.com reversed theirs and will advertise. papa johns pizza apologized for its statement that said kneeling football players hurt their business because fewer people are watching football games. they took that as they supported white supremacists. they now support their right to protest. we will work to find a positive way forward, open to ideas from all, except neo-nazi's and a symbol to show the middle finger. tesla, this morning, pushing back against the lawsuit filed by one of its contract workers claiming he was the subject of racial insults. tesla points out, they are not a class action lawsuit. tesla says he was on a six-month contract and he left when the contract ended. tesla stocks are on the slow decline, down 2%. oil prices are down. investors don't like that. sprint is going to offer free hulu subscription if you have sprint unlimited. hulu, i really like. we own a third of it through our parent

volvo has not spoken as to why. "the new york times" says a number of companies that took a stand have reversed themselves. papa johns pizza apologized for a statement that implied kneeling football players hurt pizza business because fewer people are watching football games. the alt right took it as a signal they supported supremacists in some way. they now say they support the right to protest. take a look at this tweet. we will work with the players and league to find a positive way forward, open to ideas from all, except know oneo-nazi's. to heck with those guys is kind of what that tweet said. i have looked through the nbc standards and practices and i can't find anything about the middle finger emoji, but i'm not going to risk it. >> no doubt. wow. interesting. okay. 6:18 right now. new video to show you this morning. what would you do if you were out on the water? incredible encounter with nature. you can hear him there as we gets up close and personal with a humpback whale. the jersey shore local took his bo

and do it in as transparent a manner as we can >> up ne, xtfirst on cnbc interview with the ceo of volvoll be right back. at cognizant, we're helping today's leading manufacturers make things that think and do automatically. imagine that, a world of new digital products and services all working together for you. can i borrow the car when it's back? get ready, because we're helping leading companies see it- and see it through-with digital. you myour joints...thing for your heart... or your digestion... so why wouldn't you take something for the most important part of you... your brain. with an ingredient originally found in jellyfish, prevagen is now the number one selling brain health supplement in drug stores nationwide. prevagen. the name to remember. looking from a fresh perspective can make all the difference. it can provide what we call an unlock: a realization that often reveals a better path forward. at wells fargo, it's our expertise in finding this kind of insight that has lead us to become one of the largest investment and wealth management firms in the country. discover how we

. >> by the way, it's volvo is the company that uber's buying. they're not buying chevrolet or general motors or ford, they're buying volvo. >> back to future. all right, gentlemen, thank you. we're taking a break. up next, showdown over a job. the acting head of the consumer financial protection bureau sues the administration after president trump names omb director mick mulvaney as the new acting head. this is the news of the planet right now, prince harry and megan markell appeared together after officially announcing their engagement. we're going to have the latest from london coming up a little later. the morning walk was so peaceful. until... it... wasn't. don't let type 2 diabetes get between you and your heart. even if you reach your a1c goal you are still at risk for heart attack or stroke. talk to your health care provider today about diabetic heart disease. and find out more at heartoftype2.com. your heart and type 2 diabetes. make the connection. [burke] abstract accident. seen ♪ video-it. covered it.c we know a thing or two because w

. >>> uber plans to buy up to 2,000 self-driving cars from volvo beginning in 2019.onomous revolution. if the nonbinding deal goes through, it will be volvo's biggest sale of autonomous cars yet. uber's self-driving system is still being developed, but in the future, uber could make driverless cars available to passengers. that deal comes as the company struggles with its human drivers. uber was fined $8.9 million monday for improperly conducting background checks in colorado. >> so, maybe we should feel safer with the -- >> i don't know. >> okay, perhaps. >> what about the driverless anchor desk? i don't want that. >> hey! we need humans on the anchor desk. >> artificial intelligence. we have a driverless anchor desk, our producer tells us. thanks for joining us. i'm christine romans. >> wow! i'm dave briggs. >> that hurts! >> "new day" starts right now. cuomo back from his interview with lavar ball and camerota. we'll see you tomorrow. >>> the trump administration ending protected status for thousands of haitians living in the u.s. after a catastrophic ten earthqua

. >>> the chinese company that bought volvo is now setting its sights on cars that fly.hey announced plans to acquire the boston-based startup terra fuchsia. it's currently working on a car with foldable weeks. they want it to be a reality in two years. the price tag, $279,000. we'll be right back. his daughter stephanie have a pasta dish you can try. tonight at five: more on that esc >>> time for your tip of the day. fresh grocer tony tantillo and stephanie have a pasta dish you can try. >> you make this for me all the time. you're going to share it with everybody. bucatini. >> with fennel, raisins and pine nuts. if you would have to sardinas, it would be [ non-english language ] but we are keeping it vegetarian. >> when it comes with bucatini pasta with the hole in it fantastic. and fennel is wonderful. a little pasta water in there. >> we are trying to create a sauce. it's just the fennel that's been very caramelized. the raisins and pine nuts. it will come together and bind. >> fennel in the market is great. when you buy it white bulb in the bo

. >>> uber is planning to sxarchd its driverless fleet with thousands of cars from volvo. this new order marks the first commercial purpose for the ride-hailing company. the fleet is small, compared with the uber's 12 million drivers overall, but it does reflect its vision of an autonomous vision. >>> the white house is tightening scrutiny of skilled worker visas. according to the "wall street journal," the administration is making it harder for bigging to hire foreign workers, citing numbers from the agency which administration the program, one in four applications between january and august has been sent back for requests for further evidence. the president has said that legal immigration creates unneeded competition for americans. >>> the president has also expressed concern about u.s. jobs being outsourced to india, but now an in company is moving jobs to the u.s. michelle caruso-cabra repor tube from auburn hills, mich. >> 3, 2, 1, cut. >> today the official ribbon cutting for an assembly plant of off-road utilities vehicles, behind it, the ma hen ra group of india. t

. >>> uber is expanding its deal with volvo to form a fleet of driverless cars. if the two companies just entered -- the two companies just entered an agreement for uber to purchase $1.4 billion worth of suvs. uber is testing the driverless suv in san francisco already and pittsburg and arizona. uber wants to make it easier for customers to find drivers called the beacon. customers can select a color via the uber app. then a beacon in that color will glow on their pickup vehicle's windshield meant to improve service in crowded areas like airports or arenas. >>> a huge need this holiday season and a huge response. san jose's sacred heart community service is handing out more than 4,000 turkeys and boxes full of food for those in need. people waited in long lines as distribution kicked off today. . the process will continue through wednesday. donations can be made at the sacred heart building on south first street. >>> three days away from thanksgiving, so the weather must be getting cooler, cloudier and also whether. actually the exact opposite. wait till you see