she knew his affection for the band abba as well as volvos. she opened up is that and presented it.iately down on one knee and sing the entire mamma mia. to a very amused diplomat from sweden as well as they got back on track to the delegation. every saturday afternoon we would listen to them in washington. the people's radio. this is liberation radio, if yoi will. i've got an afternoon, it is called caribbean and that is something that we really like. we will hear more about it later but we really had a great one for music tastes. and colin powell love the church and the ceremony, liturgy and the l high hands. it would make it extremely happy. everyday at 7:00 o'clock or 7:0r he would call me and we would get today ready. except on sunday and on sunday i would call at 9:30 p.m. and he would answer the same way. he said oh, yes, i was a church. i am in a state of grace my would answer the same way every sunday. if you're not in a state of grace, who among us is. almost 40 4 years of saying opening remarks. >> i grew up in the south. and that favor him. it's called coming up on the r

well, i knew somebody who had a volvo. >> i'm connell gold colored volvo from that era. 400,000 mazay don't make them like they used to. that's a commercial 5 or you know, a body styles haven't changed that so you don't even look like they're that old. you know, they make nylon stockings. also the don't run as well. to see that. but you know that it would buy so many. so maybe they start making cars they can replace the actually the engine. >> with the piston engine. you know, with the with electric engine. if you really want to keep the body, but they're all computerized now it is. yeah. it's not easy to do that kind of maintenance any more on your sure. exactly. >> thank you. thanks, happy thanksgiving eve. thank you. all right. so here we go this is what we're working on for you at 10 o'clock. another act of gun violence in oakland after a kron 4 security guard was shot. >> while on assignment. what one lawmaker who wants to be the city's next mayor says needs to be done to try to stop the surging crime. also tonight, cracking down on organized retail crime bay area. prosecutors n

they're agreeing to phase out gas-powered cars by 2040 ford, volvo and gm are part of the agreement.ding toyota, volkswagen and nissan did not make the commitment. experts say reimagining the entire global transportation industry will be critical in fighting global warming. in cleveland >> reporter: the green goals here at cop26 are ambitious, as are some of the agreements being signed but the reality may be less so volvo announced it signed to the glasgow declaration, a commitment by industry leaders and governments to phase out fossil fuel vehicles in leading markets by 2035 and globally by 2040 if that electric goal is reached by 2040 with existing pledges, then one out of every three car sales would be electric. but volvo's ceo warns the infrastructure needs to catch up >> we need reaction from energy companies. hey, where are we going get the energy to charge all of these cars it cannot be carbon. in a way this is also a ham and egg. i don't think we can wait until we have a lot of solar power in the grid this has to be a process >> and from clean cars to clean planes >> everybo

the volvo ceo says he does not see bottlenecks is a long-term problem.recast and more difficult year, after reporting a 17% drop on full-year profit. the company says inflation and raw material prices and supply chain challenges will limit growth and prevent it from meeting growing demand. the franchisor saw additional costs and expected those to increase. a loss of more than $3 billion on the stake in didi global for uber. shares have plummeted since chinese regulators ordered the app to be removed from stores in the home market, citing security risks. land development paying $6.5 billion for a prime plot along victoria harbour in hong kong, including mixed-use buildings and outdoor areas. for the first time, the government looked at design and price before awarding the site. the tender comes as hong kong's market struggles with demand and rent. that will do it for "bloomberg daybreak: australia." daybreak: asia is next. we see the aussie dollar holding steady into the start of trading of equities in sydney. this is bloomberg. ♪ >> a good morning. we ar

a major pledge from automakers they're agreeing to phase out gas powered cars by 2040 ford, volvo andent. other big names including toyota, volkswagen and nissan did not make the commitment. experts say reimagining the entire global car industry will be critical. in scotland, here's diana olick. >> reporter: the green goals are ambitious at cop26 volvo announced that it signed onto the glasgow declaration, a commitment to phase out fossil fuel vehicles in leading markets by 2035 and globally by 2040 if that's reached by 2040, then one out of every three car sales would be electric. the infrastructure needs to catch up >> we need to see action from energy companies where are we going to get the energy to short charge these cars it can'tbe carbon. it is ham and egg. we have a lot of solar power in the grid >> reporter: and from clean cars to clean planes. >> everybody knows what an electric car is. nobody has seen a clean plane. >> reporter: to that end united airlines announced at cop that it is joining an international alliance along with amazon to speed sustainable aviation fuels. >>

sumado así na como otros países como españa y francia pero sí esn compañías como ford mercedes benz y volvo ♪) la increíble fragancia de old spice dynasty. te ayuda a levantarte del sofa. y te pone tras el volante. llévate tus favoritos como un hash browns, por unos pocos dólares. solo en el 1-2-3 dollar menu de mcdonald's. ho. ho. ho. soy santa. tenemos una situación. ♪ ho! ho! ho! [ "best of my love" by black pumas feat. sofia reyes ] ♪ ♪ [ music ends ] (perfectos para el desayuno, co en cualquier momento.urros. la manera más emocionante de traer los churros a la mesa. cinnamon toast crunch churros. cargados con cinnadust. ♪ (voz) prueba los sabores de cinnamon toast crunch ¡cargados con cinna-dust! cuando de verdad necesitas dormir buscas lo mejor. el nuevo zzzquil ultra te ayuda a dormir mejor [y por más tiempo] cuando más lo necesitas. no causa hábito y es de los fabricans de nyquil. nuevo zzzquil ultra. cuando de verdad verdad necesitas dormir. (♪ música ♪) (♪ música ♪) >>> el periodismo no tiene fronteras es una actividad necesaria estos migrantes desesperados que no encuentran otra

he never got too big to get under a volvo and repair it.o i think it speaks to the man as well as the military officer and politician. >> when i first got to know him at the pentagon during the first gulf war over 30 years ago, he was chairman of the joint chiefs of staff, i had no idea what his politics were, but i knew he was an outstanding general, a great military officer. we see general milley there, the current chairman of the joint chiefs, with president bush. they're there and watching this unfold. it's going to be, jake, a really emotional moment when we start hearing about general powell during the course of this funeral here at the national cathedral. >> that's right, wolf. colin powell touched a lot of lives during his long career in public service. let's talk about that right now with the individuals i have with me starting with general mark c c curtling, who knew general powell. >> the thing i keep going back to, wolf, is his character. that defined him. it is an element of leadership. we look for it in the military. he xuxude

they're an ev maker that actually also has a partnership with volvo, interestingly enough.artner for their cars. things have been moving and only accelerating. we've had kind of six additional wins just this quarter alone, and it's no signs of stopping. liz: well, the whole industry when it comes to evs, they all want this lidar technology except tesla because elon musk likes to use cameras. rivian certainly is a huge story this week, and as we look at a stock that has jumped each and every day, you aren't in rivian, at least not this moment. but it's up another 5.5% to to $129.79. rivian priced at $78. but elon musk recently tweeted, i hope they're able to achieve high production and break-even cash flow, that's the true test. there have been hundreds of automotive start-ups, but tesla is the only carmerrick to reach high volume production and positive cash flow in the past 100 years. austin, we're looking at a gold rush. we're looking at a boom. and the auto industry back in the 1900s saw the same thing, and many of those went by the wayside. how do you make sure that you

. >>> volvo outlined ambitious ev plans but this morning the ceo told cnbc that the ev infrastructure overall is not ready for the wave of vehicles that are coming. diana olick spoke to him at the u.n. climate summit in glasgow that's an interesting conferring can we support all of these charging stations? >> exactly today volvo, which just went public announced it is signing on to the glasgow declaration a commitment to phase out fossil fuel vehicles in leading markets by 2035 and globally by 2040 the industry said it needs to develop cars now that it will sell five years from now because he is vinced consumers will ultimately prefer electric cars? i think that's the bouty of electrification. it is not just solving an environmental problem. it's also developing better, more attractive cars which will of course then speed up the whole process >> if that ev goal is reached by 2040 by the new signatories as well as existing pledges then one out of every three car stales would be electric but samuelsson warns, the infrastructure needs to catch up. >> i think we need to see action from en

. >> he loved his volvos. >> not just volvos, though, he loved all sorts of different cars. i've read stories about this and talked to him about this. the incident on his way to -- >> not to interrupt, i thought it was lovely that either he or one of his family members had recounted how even towards the end when he had become sick, he was dealing with that blood cancer, multiple myeloma, he would drive to the hospital in his corvette, he drove himself there in that car. >> that incident that michael, i think it was michael talked about, maybe it was richard armitage, i can't remember, about him getting a flat tire. he was on his way to walter reed hospital when he got that flat tire. and it was a member of the military who came out, powell wanted to say i can change this tire by myself, i'm the car guy, but he got help. that's a beautiful memory. i laughed outright, that, you know, is -- >> then it was also seeing these former presidents sitting there. george bush, george w. bush sitting next to michelle obama with their weird and strange and wonderful relationship. the two

and this steel was delivered to volvo, who made it into an autonomous vehicle.ober. we need to make not only our customers but the end user understand the benefits, understand the difference with other types of steel. i think the conversations that we are having with our customers today is very important and i think — and i know — it's very frequent. to keep the process of making hydrogen cost—effective, excess will be stored in a new underground facility. so this is where they are building a future hydrogen storage site. so it's going to be 30 metres under the ground, about 100m behind me, and any excess hydrogen that's produced at the plant they can save here, so they can produce it in times when energy is plentiful, when there is a lot of solar and wind energy, and it can be used in the future to help fuel the plant. is there something that can be replicated anywhere in the world? do you need specific...? the technology can be replicated, but i think the unique thing is the partnership. because a lot of different pieces of the puzzle that need to be fitted to

volvo announced 10% of its dealers going to be purchased will be green steel for the fabrication of theirhave ordered eight new ships, all carbon free. a lot is going to be happening and the implementation is the key. as we leave glasgow, our codeword is going to be implementation. follow up. follow through. we are going to spend as much effort as we can to try to make that happen so, you know, i have got to tell you. had the privilege of signing the paris agreement at the un may be some of you were there. it is in the picture my granddaughter sitting on my knee and she was two years old then. she has a sister now and, you know, she deserves to be able to have answers to questions like am i going to have clean water? what is going to happen with climate? where are we heading? so, you know, i really believe that we all had to answer those questions for all of our kids around the world. we came closer answering some of them. not all of them. there is still a gap in the emissions that have to be reduced. it is still a daunting task. there is a heavy lift ahead. but what we know is, given the

and a plastic bicycle, designed by volvo engineers, that wobbled and even cracked when people rode it you're in the "digital disaster" area. we have... >> reporter: the digital disasters include apple's hockey puck mouse that was hard to use, and a video-chatting device made by facebook. it wasn't a hit. >> we have the google glass, 2013. put it on. looking good! >> reporter: okay, okay. this feels a little awkward, i'm not going to lie. >> reporter: it seemed revolutionary-- a wearable computer that projects images and takes pictures and video. >> the main reason it failed was because of privacy issues. >> reporter: glass users could record others without them knowing. >> we still deal with privacy issues today. but then? i mean, this was, like, a shock. google is fantastic at testing new things, and they're not afraid of failing. it's pretty cool. >> reporter: and we see how successful they are. >> absolutely. >> reporter: speaking as a psychologist, where does this fear of failure come from, within us? >> a lot of it comes from our early experiences of failure. i mean, you-- you sp

she knew of secretary powell's affection for abba and she knew of the affection for volvos and openedmma mia" to a very amused foreign minister to sweden and to gobsmacked u.s. delegation who had never seen anything like it. well, our taste in music were not very similar except for one. every saturday afternoon at 5:00 we would listen to wpfw in washington. this is the people's radio. don't tell anybody who investigates us for security clearances because this is liberation radio if you will. there was a show at 5:00 in the afternoon hosted by mrs. vaughn martin and it's called "caribbeana" and that's something we like. ee marley. the swallow. any number of people and had great -- one music taste. colin loved the church. he loved the ceremony. he love ds the liturgy and the high hymns. as alma knows that every day at 7:00 or 7:05 we would call each other and get the days ready except or sunday. on sunday i'd call at 9:30. and he would answer, the same way every sunday. he would say, i was at church and in the state of grace. i would answer the same way every sunday. colin, if you're no

or do you need volvo, tesla to build you special control units in the trucks?on: we have been working very closely with existing oem partners and suppliers. people who make steering columns, power systems to make sure we are integrating technology in automotive grade and a safe way. we have been working on this for many years. there are a lot of steps that still need to be overcome but we are working with those partners to do that. at kodiak, we are building our technology to be platform act on stick. it will work on many different supplier platforms. -- platform to be agnostic. we are working with industry partners as a collective effort to bring technology to the market. matt: you can operate in a peterbilt, will you be able to operate in a tesla big rig? don: tesla is usually locked down. i have not had the opportunity to get my hands on one of the tesla semis. it remains to be seen if our technology can integrate with tesla. a lot of manufacturers out there building fantastic fronts and we are working with those to bring the technology to the market. matt:

will stick with that back the us to fight a couple of early games today, chelsea an action against volvos one, but it's 0—0, although showing that spirit, there was so desperate to by the sweeter side towards the, but malmo had a good chances afterwards. i still expect chelsea win this game that they are frustrated at the moment. they came in three points behind juventus, so they'll want to get this man and put some pressure on the dentist later. i know you will be covering a lot of the results around europe later, so everyone will be able to hear you. thanks so much forjoining us in sportsday. former fifa officials sepp blatter and michel platini have been charged with fraud and other offences in switzerland. prosecutors say blatter unlawfully arranged a transfer of two million swiss francs to platini in 2011. 0ur correspondent alex capstick has more on this. swiss authorities have taken six years of this investigation and come to the conclusion that if words, that the payment damaged the —— people's and there was no legal basis for the payment. michel platini, former head of uefa, was

on the global supply chain crunch, volvo sales plunged by more than 1/5 in october as they struggledh shipments to china and europe falling amid a lack of available cars. that is adding to signs 2021 could become another tough year for automakers. there is another sign the crisis is starting to ease. the world's largest smartphone chipmaker, qualcomm, gave a smaller than expected number expected for the corridor, and diversified suppliers to ensure access to materials. firms continue feeling the pinch of the chip crunch. nintendo reportedly planning to redo 20% fewer switch councils than originally planned. the nikkei organization reports the company is struggling to get semiconductors to make machines and meet demand. let's focus on the u.s., with the busiest ports showing massive increases in idle time. from the start of 2018 through october of this year, idle time per vehicle has increased by a half. according to data composed by a logistics tracker. there's more than a day's worth of idle time for each vehicle so far. bloomberg users can read more about that in our newsletter sup

ford, mercedes and volvo among them the u.s., china and germany, the leaders in the auto industry, did not sign on. nor did bmw, volkswagen, and toyota a ways to go there we did just get a second draft this morning it does have some strong language one major climate tracking organization put out a report saying given the reduction targets, global warming is on course to 2.4 course degrees above preindustrial levels they called that catastrophic. antonio few tear resident said the goal is on life support. fossil fuel is the first ever mention in a cop agreement it calls on nations to accelerate the facing out of coal but it doesn't exactly set out a time frame for that. adaptation, financing, it gives countries, undeveloped countries, sets a new date of 2025 so it is kind of a mixed bag >> all right well, you've spoken -- by the way, been there a long time. it's been a lot of long days the last 12 days or so i suspect i know why they were there. you go to where the money is, of course what was their take on how it went and some of the progress on the core reason people are there? >> yea

. >> alex, as more people order on line, whether through tesla or i believe through volvo, whose latest ev they want people to order online, what happens to dealerships or even to platforms like yours that are meant to to things the traditional way >> i would say that research is is going to be permanently part of the auto shopping journey this is the second largest transaction in people's lives. they are going to did a heavy amount of research prior to purchase if you want to learn about tesla, come to our website we have test driven it we have shown you hoyt performs in cold weather. we are comparing to it the evs coming out from nissan, from porsche, from hyundai, from vw consumers can comparison shop on our platform and then decide what they are going to buy even though ev is only 5% of the search on our platform we know with the new products coming on the market and this administration's incentives, we are seeing that amount jump 15%. still small but consumers are going to search evs on our platform and ultimately decide what they are going to buy and where they are going the buy i

two of volvo we need to involve the stories that we tell yourselves. >> that is great.i have a couple more questions of course anyone else in the audience has questions there's a lot going on curious to know how much did you research about, learn about or decide to include about native american history and how that weighs into this. this entire books written on there's a part of the myth taking to in ways that have the same -- met cassie many of these waves as mexicans ours. i was just curious is that something that came up what to include, what not to include, how much to talk about the need of the american experience and how much that was a piece of the history in general. >> to say the book was initially 30% longer than it is now. and we did a lot of cutting. i think we tried to still talk about why the native americans come on cameron not going to get that name right. he talks a lot about how they had 1500 of their ancestors come to the street in front of the alamo. how that needs to be respected by the state and by everyone involved and renovating the process. we a

we did see some big car companies add their name to it like general motors, ford, volvo, but a lot of of the industry and of the market, it is clearly heading in that direction. the desire to sign onto a big global industry-wide deadline was simply a step too far for the industry at this stage. >> all right, phil, thank you. >> nice to see you, phil, from glasgow. >>> let's get a check on cnn business this thursday. looking at markets around the world, the gains across the board, asian shares closed higher. europe has opened higher. and stock index futures also leaning up a little bit. singles day, the largest annual shopping day kicking off in china. we'll be watching that. stocks slipped in the u.s. after that october inflation report. prices have the biggest annual rise since november 1990. the dow closed down 240, the nasdaq fell almost 1.7%. that's the worst day since the beginning of october. there was some good news in the job market, though. jobless claims fell to a new pandemic low, just 267,000 people filing for benefits last week. almost back to normal-type levels. >>> sant

lindh was in, and she knew of secretary powell's affection for abba, a she knew of his affection for volvosed up a full cd set of abba, and presented it to him. colin immediately went down on one knee and sang the entire "mamma mia." >> ♪ oh, lord, my god. ♪ ♪ ♪ >> not long ago, he was driving his corvette along the beltway and got a flat tire. a young disabled veteran saw him and pulled over to help. a few days later, to thank him for his help, my father invited the vet and his entire family over to the house for dinner. i've heard it asked, are we still making his kind? i believe the answer to that question is up to us. i hope we recommit ourselves to be a nation where we are still making his kind. colin powell was a great lion with a big heart. we will miss him terribly. >> woodruff: and on the newshour online: while social media giants like facebook have been facing increased scrutiny about sowing misinformation, we took a look at how misinformation is spread on private messaging apps like whatsapp, and how falsehoods affect the millions of people who use them-- particularly the interna

she knew secretary powell's affection for volvos. so she opened up a full cd deck of abba. and presented it to him. he immediately went down on one knee and saying the entire mama mia. to a very amused foreign minister from sweden. and to a gob smacked u.s. delegation who never seen anything like it. well, our taste in music were not very similar except for one. every saturday afternoon at 5:00, we would listen to wp fw in washington. it's a specific radio. it's the people's radio. don't tell anybody who investigates us for security clearance, because this is liberation radio, if you will. there was a show at 5:00 in the afternoon hosted by mr. von martin, it is called caribbean on out. that is one thing that really like. whether it is bob marley in the wailers, we will hear more about that later. the swallow. a number of people. we really had great, that one music tastes. he loved the church. he love his ceremony. he loved the liturgy. he loved the high hymns. this made him extremely happy and, as all my nose every day at seven i would call him or he would call me and we w

and she knew and sector powell's affection for the anti-new sector powell's affection for volvos picknd saying the entire mamma mia to a very amused foreign minister from sweden, and to gob smacked u.s. delegation. we've never seen anything like it. well, our tastes in music were not very similar except for one. every saturday afternoon at 5:00 we would listen to wpfw in washington. this is pacifica radio, the peoples radio. don't tell anybody who investigates best for security clearance is because this is liberation radio, if you will. it was a show at 5:00 the afternoon hosted by mr. von martin and it was called caribbean and that's one thing the two of us really liked, whether it was bob marley and the women who will hear more about that later, ee farley, the swallow, and you know -- so we really had great, that one music taste. colon loved the church. he loved the ceremony. he loved the liturgy. he loved the high cams. this made in extreme happy and poor alma knows every day seven or 7:05 i would call him or he would call me, , we get our days ready except on sunday. on sunday i w

liz: your charging stations are universal, so if i've got a volvo that's all electric the, that will still work as well as a tesla, correct? >> that is correct. no matter what it is, a gm, a ford, a mercedes, a lucent, a rivian, they all work with our charging stations. tesla has their own adapters, but a couple of them they get with our charging stations. you can't use a tesla charger for any other place today. liz: obviously, the government believes that it needs to incentivize and help out. they did for the railroad industry, the pharmaceutical industry, the big oil industry years ago. but at what point do you feel that the ev world can stand on its own? again, i'm asking you to bring out that crystal ball you may not have, but you've got a lot of taxpayer ors who say, wait, you're getting a ton of money here, you've gotten tax breaks and incentives from the federal level to the state level, at what point can you take off the training wheels, so to speak? >> ultimately, if the business needed to exist without government subsidies, them. but -- they would. but in the competitive la

and she knew and sector powell's affection for the anti-new sector powell's affection for volvos pickwill hear more about that later, ee farley, the swallow, and you know -- so we really had great, that one music taste. colon loved the church. he loved the ceremony. he loved the liturgy. he loved the high cams. this made in extreme happy and poor alma knows every day seven or 7:05 i would call him or he would call me, , we get our days ready except on sunday. on sunday i would call at 9:30 and he would answer the same way every sunday. he said oh yeah, i was a church and what you do know i'm in the state of grace. and i would answer the same way every sunday. home, if you're not in a state of grace, who among us is? and that was every day for almost 40 years, the same opening remarks. well, i grew up in the south and my taste in hymns of little different from secretary powell's. my favorite hammer is one by the reverend barnes. he sings it with his wife and is called coming up on the rough side of the mountain. it's got three verses and two courses. i'm just going to submit you to the

volvo. and these plants, bmw, they've got to have the ability to get these products out.his bill, this infrastructure bill is huge for my state and the community that i represent. and then that gets us to the rule on build back better. and in build back better, the reason we've got to have that bill is because that's where so much of what we need for families to get to where they need to be. for the communities to get to where they need to be. just take for instance children in that bill is where we made it permanent for another year the tax credits for children. tax reduction i call it, for families with children. these things are very, very important. not to mention the other parts of the family that are taking care of that bill. and so when i think of what we've got to do for the cost of pharmaceuticals, i have to use -- i try to use the word pharmaceuticals rather than the drugs. the cost of pharmaceuticals is in build back better. so i think there's strong support, if not unanimous support in our caucus, for build back better. and so today for us to do the infrastruc

volvo will suspend production at its belgian factory due to a lack of semiconductors.lifornia, the number of days containers are waiting to be picked up by trucks reached a record in october. the so-called dwell time was at 7.6 days on average at the u.s.' two largest ports. the white house has a plan to impose penalties for containers sitting on dock. shery: we're seeing concerns on the south commodity side of things. looking at wheat, the highest since 2012, in chicago, a strong demand and showers stalling australian harvest adding to supply worries. further rains expected in some of the production regions in the coming weeks which could lower quality, and compound the shortage of mill grade wheat whileurt north american and russian crops. bloomberg terminal users can read more about those stories in our newsletter supply lines. our next guest expects bottlenecks to drive short-term adjustments for the global memory sector. let's bring in s.k. kim, executive director and analyst at daiwa capital markets. give us your assessment of the supply chain issues right now an

meanwhile, volvo will suspend production at its factory due to the lack of semi conductors.california, the number of days containers are waiting to be picked up by trucks reached a record in october. the so-called dwell time was at 7.6 days on average at the nation's largest ports and that data came ahead of the white house plan to improve penalties for containers left sitting on docs. now some anecdotal evidence and hard data both suggesting supply chain pressures are easing. the mliv question of the day, whether this is indeed the case, and if so, what is behind it? send your questions to marketslive@berg.net -- bloomberg.net. yvonne: great stuff. let's talk about supply change. earnings are coming up for show me. they are dealing with a similar situation when it comes to component shortages and chip shortages. that will be in focus among analysts out there. and slowdowns among markets as well. rishaad: share prices are down to the lowest in more than a year in hong kong, dropping 36% year to date amongst the worst performance -- performers. a lot of people here commentati

top stories today, volvo sales plunged in october, as the company struggled with bottlenecks, with shipmentsina and europe falling amid lack of available points. 2021 could become another tough year for automakers, but there is another sign the crisis is starting to ease, qualcomm gave a stronger-than-expected outlook for the current quarter and said it diversified suppliers to ensure access to input materials. still, electronics firms feel the pinch. nintendo producing 20% fewer consuls than plan. the company is struggling to get enough semiconductors to make the machines and meet demand. let's focus on the situation in the u.s., where the busiest ports are showing massive increases in idle time from 2018 through october this year, idle time has increased by half, according to data. so far this year, there is more than a days worth of idle time for each vehicle. of course, the bloomberg terminal users can read more about the stories in our newsletter. >> let's talk about how businesses in japan are faring with the global supply chain disruptions. a special advisor to the american chamber of

this idea they will then eventually be our entire driving lineup and that cars and carmakers like volvo and bmw hope to soon have all ev lines, accounting for virtually all of their sales, are we getting ahead of ourselves here? >> i think we are, neil. toe shoot straight with you when companies like lucid and rivian have yet to really sell or produce vehicles are valued more than century old american companies like ford and gm, that is exactly what a bubble looks like. my advice is, don't be the last one holding the bag. you can make money trading momentum but don't want to hold on to these stocks for a very long time. listen, i get it. evs are fun and exciting. they are the future. i have a feeling ford, gm, dodge they will start taking market share in the ev space. why bet on who will win the ev race when you can bet on the technology in the cars they're using. who knows if tesla, rivian, nio, ford, gm will be the future of the ev space? i do know the companies will need technology in those vehicles. one of the stocks i'm looking to pick up, indi semiconductor. they develop autonomou

that is hakan samuelsson, the ceo of volvo cars, joining us from the summit in glasgow.dy who enters a care home for work — including any agency workers and tradespeople. jon donnison has this report. for care homes across england, many already short on staff, tonight's midnight deadline has been looming. so you've still got some edges here, look. here at hill house nursing home in croydon, all workers, except two who say they have a medical exemption, have now been vaccinated. but, for some, they took some persuading. watching the news, understanding statistics, i think it made me understand that it's notjust good for myself, but also for residents, to protect them. also, my colleagues, my family, people around me. in croydon, and across england, there has been a big push to get care home staff vaccinated. but there are still gaps. in croydon, we have 94% of care workers that have taken the initial jab. 88% has taken the double jab. we've provided a plethora of initiatives in order to get there. but the government says there are still 32,000 care home workers in england

volvo, and bmw. they have got to have the ability to get these products out. so this bill, this infrastructure bill is huge for my state and the communities that i represent. and then that gets us to the rule on build back better. build back better, the reason we have got to have that bill is because that's where so much of what we need for families is get to where we need to be, for the communities to get to where they need to be. just take for instance children. in that bill is where we make permanent for another year the tax credits for children. tax reduction i call it, for families with children. these things are very, very important. and not to mention the other parts of the family that are taken care of in that bill. and so when i think of what we've got to do for the cost of pharmaceuticals. i tried to use the word pharmaceuticals rather than the drugs. the cost of pharmaceuticals. the costs there, it's in the build back better. and so i think there is strong support f not unanimous support in our build back better. today we want to vote to give the pr

we've already seen between lucid and rivian, and obviously elon musk what he is doing at tesla, volvoin their case going for a full electric line in the next couple years, where are you on this? >> so in mazda's case we'll be introducing 13 electrified vehicles between now and 2025 and, when we look at the market today, what we see is about 95% or maybe even more of sales in the u.s. are going to be more conventionally powered. if we look to europe, what we see is sort of a concerted effort between government and business and energy providers to basket incentives together which have driven a much greater and quicker adoption of electric vehicles in the marketplace and of course we have a lot of that discussion going on in the u.s. right now although the structure of those incentives really is directed towards country of origin or maybe labor affiliation in the plant which we think is probably not the best solution for dealing with the climate issues that we're faced with and also increasing the maximum amount of electric vehicle adoption in the u.s. neil: real quickly, i always think

ford, mercedes and volvo among them that should include tesla and newly ipoed ingredients.s still a way to go there. back to you guys. >> it certainly seems like a ways to go i think relative to what expectations were going in, in terms of the shape of the agreement and targets and the participants, was there much disagreement at the end of this? >> look, we don't know yet we haven't seen that final agreement. we have seen a lot of methane and electric vehicles and we saw a lot of money at this conference that is corporate ceos, hedge fund managers. all of them talking about ways that they can participate in this that they can fund the financing to clean energy, to adaptation and resilience so i do think they will come out of here with big pluses. we still don't have the carbon pricing pecknism set up and we don't know what they will say in that final agreement about the 1.5 degrees, which is very important. some have said the trajectory we are on in 2.4 degrees celsius. that they call catastrophic. >> obviously, details matter a whole lot. that's a big difference. thank yo

es la marca deportiva de volvo, ese nombre land transformado para su divisiÓn elÉctrica y ecolÓgica.las de vino, lo toman para el interior y funcionan bastante bien. alan: luego en la piel, platÍcanos. >> esta es una piel vegana. los quÍmicos que estÁn utilizando para esto son totalmente amigables para el medio ambiente. estamos viendo un esfuerzo legÍtimo de los fabricantes, porque esto les cuesta un montÓn de dinero a ellos. alan: allÍ estÁ, vÁmonos. estÁ precioso, este es un detalle buenÍsima tambiÉn. mira nada mÁs cÓmo se abre esta puerta. >> eso me recuerda a los fanÁticos de >> 35.000 $ 35.000 $ mucha gente necesita menos de 100 millas al dÍa. con los cargadores rÁpidos toma 40 minutos llenarlo de cero al 100%. en cuanto a aceleraciÓn, 10 segundos, Éste lo hacen cuatro segundos, tracciÓn delantera, sÓlo un motor que estÁ ofreciendo la versiÓn de ahora dos motores se manejan buenÍsimo. alan: sumamente cÓmodos los dos, ya yo me subÍ, son versiones extraordinaria para todo lo que nos gusta cuidar el medio ambiente. como ♪ ♪ alan: tÚ que eres bien milenials. jessi: eso me gusta, si

he was indispensable in recruiting boeing, honda and volvo to south carolina. he was a dear friend of both myself and senator scott. i've never known a more effective voice for south carolina. he loved the p.d. where he represented -- when it came to helping south carolina, senator leatherman was always there. you could count on him to lead from the front. trying to solve problems was his life's work rather than creating problems. i could -- i want to let the people of south carolina know we've lost a giant. there will be a big vacuum and all of us in our state are going to have to up our game to replace the vacuum created by senator leatherman. his legacy is just extraordinary. he touched so many lives. he led the effort to put $300 million upfront to deepen the port of charleston at a critical time. could i go on and on and on about how he helped every corner of the state from the mountains to the sea. he was a giant of the south carolina senate. his voice will be missed. he has a record of accomplishment that is just again legendary and to his family and leg