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May 4, 2018
05/18
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KCSM
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this just in, the former vw ceo has been charged by u.s. prosecutors in the dieselgate settle for conspiring to mislead regulators and violate the u.s. clean air act. you ar may remember he steps down days after the scandal came to light in december 2015, the company admitting to fitting 11 million diesel cars with devices to pass emissions tests. the company later admitting to using false statements to import cars into the united states. winter corn is the highest-ranking person to be charged in the case, and questions remain as to who knew what, when, as well as when regulators were actually informed. meanwhile, talk about timely -- today the new vw bus -- this man used his first general assembly to call for more honest, open, truthful, and ethical company culture. greenpeace activists protest outside dw's annual general meeting. they calling for climate friendly vehicles. "clean up," reads this manner, and they mean to corporate culture as well. inside, high-performance models are on show. the dieselgate crisis is not completely out of s
this just in, the former vw ceo has been charged by u.s. prosecutors in the dieselgate settle for conspiring to mislead regulators and violate the u.s. clean air act. you ar may remember he steps down days after the scandal came to light in december 2015, the company admitting to fitting 11 million diesel cars with devices to pass emissions tests. the company later admitting to using false statements to import cars into the united states. winter corn is the highest-ranking person to be charged...
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May 5, 2018
05/18
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KCSM
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staff at vw in germany support the u.s. charges against their former ceo.man prosecutors say while this is ongoing and will not be affected by the legal process in the united states. reporter: it could not have come at a worse time for volkswagen. the announcement that the former ceo martin winterkorn was indicted, it came soon after their shareholders reading where the new ceo spoke about regaining confidence. >> volkswagen must become more honest, more open, more truthful , so that we don't make ourselves more vulnerable again. reporter: but volkswagen is still vulnerable. the indictment of winterkorn has many asking whether the carmaker has done enough to investigate its senior executives. according to u.s. authorities, a former ceo was informed vw cars performed lower emissions during tests than they did on roads. but it is unlikely winterkorn will face charges in u.s. courts. germany doesn't extradite its citizens. the former ceo could be implicated in ongoing investigations in his home country. german prosecutors are looking into the involvement of th
staff at vw in germany support the u.s. charges against their former ceo.man prosecutors say while this is ongoing and will not be affected by the legal process in the united states. reporter: it could not have come at a worse time for volkswagen. the announcement that the former ceo martin winterkorn was indicted, it came soon after their shareholders reading where the new ceo spoke about regaining confidence. >> volkswagen must become more honest, more open, more truthful , so that we...
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May 4, 2018
05/18
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LINKTV
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the attorney general jeff seions saying vw executives, it around guilty, will pay a heavy price. reporter: hours after presented's new chief shareholders with a plan on how to clean up company ethics, the news cam from washington. martin winterkorn charged with conspiracy and fraud for emissions cheating organized by the carmaker until the scandal was uncovered in 2015. indictment shows that th decision to cheat went to the top of the company. therter: mtin winterkorn 11th executive to be charged in cheating scandal. it is unlike he will be extradited. folks wagon realized it could aeat tests by installing device. he ordered that they continue the practice and keep selling models of violate regulaons. >> the u.s. attorney's office is committed to pursuing accountability corporate crimes. he says he only learned about the coverup in 2015, shortly before the scandal was revealed. hasotal, folks like and agreed to spend $25 billion u.s. car owners and regulators in the night in states and has agreed to pull back half a million vehicles. next, i day of reckoning for france after staf
the attorney general jeff seions saying vw executives, it around guilty, will pay a heavy price. reporter: hours after presented's new chief shareholders with a plan on how to clean up company ethics, the news cam from washington. martin winterkorn charged with conspiracy and fraud for emissions cheating organized by the carmaker until the scandal was uncovered in 2015. indictment shows that th decision to cheat went to the top of the company. therter: mtin winterkorn 11th executive to be...
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May 26, 2018
05/18
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BLOOMBERG
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the vw group, bmw. the chinese companies.y are releasing a large amount of electrical models. 300 ev models for sale by 2020. the incumbent oems are putting a lot of capital behind this. we will cac change from the niche market that tesla created to a more mass-market. alix: thank you very much. definitely check out that report. let's turn to commodity in chief, where we focus on one executive in the commodity world, and today it is roberto velez vallejo, ceo of colombia's national federation of coffee growers. first, let's take a closer look at the coffee problems in the country. for every $3.50 cup of coffee you buy at starbucks, a colombian farmer makes three cents. colombia is the world's second-largest producer of arabica beans, and it has big coffee problems. prices are down 10% this year, short positions are high, and a global surplus is on its way. plus, costs are rising. labor is hard to find, productivity is weak, and the colombian peso rallied with oil this year, which dragged down domestic coffee prices. and you h
the vw group, bmw. the chinese companies.y are releasing a large amount of electrical models. 300 ev models for sale by 2020. the incumbent oems are putting a lot of capital behind this. we will cac change from the niche market that tesla created to a more mass-market. alix: thank you very much. definitely check out that report. let's turn to commodity in chief, where we focus on one executive in the commodity world, and today it is roberto velez vallejo, ceo of colombia's national federation...
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May 24, 2018
05/18
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KNTV
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times" reports after being spurned by mercedes and bmw am is now teaming up with volkswagen to change vw advance into self-driving shuttles for apple workers. last year the times reported apple scaled back plans to build its own self-driving plans to focus instead on developing the software and technology. ups will start charging an extra $150 next month to deliver oversized packages. this comes as u.s. investing billions to expand and automate sorting facilities. the changes are aimed at discouraging retailers from shipping heavier products that could slow down operations. ups may partner with trucking firm to handle home delivery of heavy and bulky items. back to you, scott and laura. >> next time you buy a bike, youler ride it home. >> that would be best. thank you, leslie. >>> today could be the last straw at mcdonald's. people who run the biggest food chain in the world will decide whether to remove straws from 37,000 stores. thousands of people signed a petition to get rid of them. americans use more than 46,000 school buses full of plastic straws every day. still bay area cities b
times" reports after being spurned by mercedes and bmw am is now teaming up with volkswagen to change vw advance into self-driving shuttles for apple workers. last year the times reported apple scaled back plans to build its own self-driving plans to focus instead on developing the software and technology. ups will start charging an extra $150 next month to deliver oversized packages. this comes as u.s. investing billions to expand and automate sorting facilities. the changes are aimed at...
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May 24, 2018
05/18
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KGO
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. >> reports say apple is going to equip a fleet of vw vans with itself-driving technology.ans will be used to shuttle apple employees from place to place. >>> tinder is finding new ways to connect people. >> get this. the dating app is testing tinder places. it will connect potential dates based on locations. for instance, the app will send users a potential match if they both frequent the same restaurant, coffee shop, theater and various other locations. >> hope you don't frequent somewhere you're embarrassed about. >> not creepy at all. those are your tech bites. >>> there's only one place in the world to buy marvel's newest black panther comic book and the line was around the book. >>> the fda say john chiang's father came it'here with little money,on. but big dreams for a better future. now john has a chance to make history. a champion of the underdog, john took on wells fargo when it ripped off working families. and against the odds, he helped saved california from financial disaster during the great recession. ...leaving more to invest in progressive priorities like e
. >> reports say apple is going to equip a fleet of vw vans with itself-driving technology.ans will be used to shuttle apple employees from place to place. >>> tinder is finding new ways to connect people. >> get this. the dating app is testing tinder places. it will connect potential dates based on locations. for instance, the app will send users a potential match if they both frequent the same restaurant, coffee shop, theater and various other locations. >> hope you...
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May 4, 2018
05/18
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BBCNEWS
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mr winterkorn resigned from vw shortly after the scandal emerged in 2015. picture arts and sciences. the academy, which runs the oscars, said this was done in accordance with its standards of conduct. tv star cosby was convicted of sexual assault last month. oscar—winning director polanski admitted statutory rape of a 13—year—old girl in 1977. the time is 6:35am, those are the main stories. let‘s get an update on the sport. i feel quite sorry for arsene wenger. it would be very hard if you didn‘t, after all he has achieved in the game, and all he has done for football, you will never have won a european trophy. —— he will never have won one. this was his last chance for a fairy tale ending. football has no room for and six. —— for romantics. ending. football has no room for and six. -- for romantics. it is a hard industry. especially when it is ruined by someone especially when it is ruined by someone who used to haunt you when they were at chelsea. it was ruined by former chelsea striker, diego costa who once again made wenger suffer with the only goal of
mr winterkorn resigned from vw shortly after the scandal emerged in 2015. picture arts and sciences. the academy, which runs the oscars, said this was done in accordance with its standards of conduct. tv star cosby was convicted of sexual assault last month. oscar—winning director polanski admitted statutory rape of a 13—year—old girl in 1977. the time is 6:35am, those are the main stories. let‘s get an update on the sport. i feel quite sorry for arsene wenger. it would be very hard if...
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May 9, 2018
05/18
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BBCNEWS
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the bmw -- vw still the world's largest car—maker. ago, they are still the highest selling car—maker. lots of people tend not to be put off by the recalls, so this is unlikely to hurt bmw in the long run. thank you forjoining us. the headlines on bbc news. president trump warns iran not to restart its nuclear programme after the us withdraws from the deal. three us citizens are on their way home after being released from detention in north korea. a couple are found guilty of manslaughter by gross negligence after a seven—year—old girl was killed on a bouncy castle. sport now, and for a full round up, from the bbc sport centre, here's ben mundy. that evening, let's start with an update on sir alex ferguson, in the last half hour, manchester united have confirmed he is out of intensive care. the 76—year—old underwent emergency surgery for brain haemorrhage last saturday. this tweet from the club confirming he will remain in hospital and says his family have been overwhelmed by the level of support and good wishes. he retired as manager
the bmw -- vw still the world's largest car—maker. ago, they are still the highest selling car—maker. lots of people tend not to be put off by the recalls, so this is unlikely to hurt bmw in the long run. thank you forjoining us. the headlines on bbc news. president trump warns iran not to restart its nuclear programme after the us withdraws from the deal. three us citizens are on their way home after being released from detention in north korea. a couple are found guilty of manslaughter by...
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May 3, 2018
05/18
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BLOOMBERG
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vw admitted that it outfitted about 11 million vehicles worldwide with a cheat device.eped down as ceo days after the scandal was revealed. he is the highest-ranking face charges. u.k. brexit secretary says he is 100% convinced britain will leave the european union customs union after the transition. in 2020. he said it new ideas submitted on the issue are untested and have both merit and drawbacks which is why the u.k. is taking his time with discussions. >> almost 60% of our future exports are going to the rest of the world. surprising. the ims and the european commission have said the vast majority of growth in the trade will come from outside the european union. it is our aim to make the most of that. betty: global global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. thank you. we are coming down to some of the major market opens. in sophielet's bring kamaruddin. have the jobs report to look at you, what is the mood in asia? >> happy friday. we're not entirely sure how we'll get a grasp of the narrative because tr
vw admitted that it outfitted about 11 million vehicles worldwide with a cheat device.eped down as ceo days after the scandal was revealed. he is the highest-ranking face charges. u.k. brexit secretary says he is 100% convinced britain will leave the european union customs union after the transition. in 2020. he said it new ideas submitted on the issue are untested and have both merit and drawbacks which is why the u.k. is taking his time with discussions. >> almost 60% of our future...
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May 26, 2018
05/18
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FOXNEWSW
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. >> they say wiwere standing and we had a row vw. >> and thanksgiving is one of the.ing. and i couldn't sunday oucht the gloup funding sometimeless. and the skchl and soup these are the ment and they have sha d ow. we promote what we promote. and it doesn't she up with the friends and people we lining. we can buy and paid advertising. and they blocked us to ibity. to support want film. >> a you any one pom. network do a movie like this? >> interestingly louve, tucky. . andment direct ror said, it was an accident youle. and he said yeah. no one and it doesn't plea uch and i read did the and ask one factor and it is respiratory and much and the hollywood women are thank you, we'll be watching. canned christianity muches born in the. and one. largest surriving on and they could find thimdz vrm and if ffrm and. we spoke to nem the hudson intrut. >> thank you very coming on. and thank you about carrying with this. no one. and they are part of a bigger conflenl i got throw-and this issan anient and traces its wuchs to the wen and call and syria yvrps. and because they are m
. >> they say wiwere standing and we had a row vw. >> and thanksgiving is one of the.ing. and i couldn't sunday oucht the gloup funding sometimeless. and the skchl and soup these are the ment and they have sha d ow. we promote what we promote. and it doesn't she up with the friends and people we lining. we can buy and paid advertising. and they blocked us to ibity. to support want film. >> a you any one pom. network do a movie like this? >> interestingly louve, tucky. ....
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50
May 21, 2018
05/18
by
BLOOMBERG
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electrification in the last 10 years, they should because his not to be caught in thatmpede of using vwarge number of models of a coming years. what we do is count them and by 2020 we will see about 300 ev models available globally. emily: the has been frustration that the election petition of cars has not happened -- and of cars has not happened as fast as expected. what do you think will be more impactful in the near-term, will it be self driving cars, or will it be electrification? electrification is the most impact trend we are looking at an automotive sector. obviously, autonomous cars are a point of interest to many investors and industry observers, but the feedback we get out of those who are building the technologies is this is about 10-50 years away, so the biggest changes for the time being in the car market will be around the powertrains, the energy driving the vehicles. automation for sure will have a big impact, but it is a little but more pushback into the future, less known frankly, as when it comes to bear. emily: all of these trends combined, along with the rise of ride
electrification in the last 10 years, they should because his not to be caught in thatmpede of using vwarge number of models of a coming years. what we do is count them and by 2020 we will see about 300 ev models available globally. emily: the has been frustration that the election petition of cars has not happened -- and of cars has not happened as fast as expected. what do you think will be more impactful in the near-term, will it be self driving cars, or will it be electrification?...
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May 31, 2018
05/18
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BLOOMBERG
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it is a tale of vw economies, isn't it? -- it is a tale of w economies, isn't it?e some signs capex are looking healthy. there were declines at 8/10 of 1%. and the recovery in kuala lumpur, it was the worst plunge since the 2008 crisis. that is moving higher with emerging prices. they are warning that the isovery in asian forex affected by italian politics, and volatility may be sparked by upcoming u.s. data. highlight this, on its best run after the bank of indonesia delivered their second rate hike in weeks. you have the indonesian 10-year theds falling further as central bank pledged to be proactive, and the last word on the chinese steel futures after pmi underscored. it remains strong in may. now, a quick check on korean air. were searching the headquarters, and that stock falling for a third day. much forank you so that. let's get more on the central bank governor, who has followed through on his promise to be preemptive, getting ahead of the fed by raising basis points, the second hike in just two weeks, coming up with a meeting for the expected tightening i
it is a tale of vw economies, isn't it? -- it is a tale of w economies, isn't it?e some signs capex are looking healthy. there were declines at 8/10 of 1%. and the recovery in kuala lumpur, it was the worst plunge since the 2008 crisis. that is moving higher with emerging prices. they are warning that the isovery in asian forex affected by italian politics, and volatility may be sparked by upcoming u.s. data. highlight this, on its best run after the bank of indonesia delivered their second...
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May 22, 2018
05/18
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CNBC
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effective from july 1st and take the tariff on some auto parts down to 6% back in april the ceo of vw praised the new developments coming out of china. >> we think it's a positive move forward. it should generate additional growth and investment in this country. we are set up nicely in china. we have competent joint ventures, we have a trustful relation over many product life cycles over many years china is specific. so i think alone we would not be as strong as we are. for the moment we don't have any plans to change said structure, but i think it's a positive move for the country to open up more. >> the volkswagen ceo talking about changes to the joint venture structures, though he noted not an immediate change overnight given they have so much local production with their partners still other companies such as bmw, daimler who do export a decent amount of vehicles to the country may see the biggest benefit. last week, we spoke to the head of global automotive research to evercore who said the biggest beneficiaries would be certain german automakers. >> that's because the americans d
effective from july 1st and take the tariff on some auto parts down to 6% back in april the ceo of vw praised the new developments coming out of china. >> we think it's a positive move forward. it should generate additional growth and investment in this country. we are set up nicely in china. we have competent joint ventures, we have a trustful relation over many product life cycles over many years china is specific. so i think alone we would not be as strong as we are. for the moment we...
SFGTV: San Francisco Government Television
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May 2, 2018
05/18
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SFGTV
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>> the vw grant, the general grant supports those victims, but we have a grant for vulnerable victims that we applied to, so we have two only working on sexual assaults. it's charged and uncharged. a very few number of those will be charged, but we work with hundreds of victims, even if the cases are not charged. >> i guess my question is this is not a lot of money. i mean, it is money, but it didn't a huge amount of money. it seems as though it's spread in a lot of different ways. so i think i have the same question as supervisor cohen. it's really about impact. so when you're trying to accomplish so many things with this amount of money, it seems as though it's spread all over. are we really having the impact on individuals because we're doing prevention, and then we're also after their victims. we're working with families and the victims themselves, and then this vision zero. it's a different thing. did we write these grants. >> these are supplemental to the budget. we have general fund we work under. i have a staff of 42 people working with these victims of crime. so these are jus
>> the vw grant, the general grant supports those victims, but we have a grant for vulnerable victims that we applied to, so we have two only working on sexual assaults. it's charged and uncharged. a very few number of those will be charged, but we work with hundreds of victims, even if the cases are not charged. >> i guess my question is this is not a lot of money. i mean, it is money, but it didn't a huge amount of money. it seems as though it's spread in a lot of different ways....
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May 11, 2018
05/18
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BLOOMBERG
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vw, america. >> bob carter. [indiscernible] >> by the way, thank you.ou are moving to michigan from mexico. that is what we like. >> yep. >> you are my favorite man in the room. [laughter] >> a big announcement. the people in michigan very much appreciate it. it is a big deal. leaving mexico, going to michigan. very well-received. i appreciate it. >> bmw. >> general motors. [indiscernible] [indiscernible] [indiscernible] brian smith. us.hank you for having jim hackett, ford motor company. >> we know you well. president trump: these are the biggest in the world. we want them to build more cars in the united states. build them here and also ship them overseas. we are doing a reverse act. we see it happening. a lot of it has to do with the tax cuts. the taxes, the cuts people have been given. we have other incentives coming. we appreciate you all being here. thank you very much. you haveesident -- do confidence in -- >> i do. thank you very much. thank you, everybody. >> are you concerned nafta may adversely affect -- >> i have never been a nafta fan. it h
vw, america. >> bob carter. [indiscernible] >> by the way, thank you.ou are moving to michigan from mexico. that is what we like. >> yep. >> you are my favorite man in the room. [laughter] >> a big announcement. the people in michigan very much appreciate it. it is a big deal. leaving mexico, going to michigan. very well-received. i appreciate it. >> bmw. >> general motors. [indiscernible] [indiscernible] [indiscernible] brian smith. us.hank you for...
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May 21, 2018
05/18
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BLOOMBERG
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prepared, you can see that it is chinese companies that are actually the ones doing the group, $80 from vwlion from now through 2025. 5, thoseumber 3, 4, are chinese companies, all putting in $30 billion-$40 billion over the next several years. i want to call out those at the bottom. not shaming, but naming. toyota putting in a a lot of money, $10 billion. daimler, also $10 billion. these are commitments to electric vehicles. a lot of money, because this is where the future is. finally, looking ahead to the future, one last bloomberg terminal chart before i send it back to you. 2033 is the tipping point for electric cars. that is where the white line and blue line intersect. the white line is for internal combustion engines, the blue line rather is for internal combustion engines, the white line is for electric vehicles, and it is rising be on that. by 2040, plug-ins will make up one third of the global auto fleet. we put that in terms of a savings, that is saving 8 million barrels of oil each day. and for saudi arabia, that is actually more than they pump out, about 7 million barrels a da
prepared, you can see that it is chinese companies that are actually the ones doing the group, $80 from vwlion from now through 2025. 5, thoseumber 3, 4, are chinese companies, all putting in $30 billion-$40 billion over the next several years. i want to call out those at the bottom. not shaming, but naming. toyota putting in a a lot of money, $10 billion. daimler, also $10 billion. these are commitments to electric vehicles. a lot of money, because this is where the future is. finally, looking...
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May 8, 2018
05/18
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BLOOMBERG
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a very interesting story coming out yesterday about the vw's new ceo.t out for his arrest in new york. is down overl concerns about the money spent in oil fields in iran. all of that could go to waste if trump put the sanctions back into effect. rueckcai drove, hannover the winners right at the top, continuing more and more threat the day. bmw is balancing out the car trade. not a lot of big movers. the only one in the top 10 on the stoxx 50 within over 1% gain. : i am waiting for the price on shire. haven't gotten that yet. we'll see what that happens in a little bit. it has been a long time coming. a bidding war may be brewing in as we look ate what is going to be happening with entertainment assets. let's go to our editor out of tokyo. what has got to cater over the line with shire? dave: cash. they raised the bid five times. this one got over the finish line and got the deal done. they needed this from this company. it will be a big shift for the ceo. it will be a bigger deal of his career -- banner deal of his career, the largest m&a transaction in
a very interesting story coming out yesterday about the vw's new ceo.t out for his arrest in new york. is down overl concerns about the money spent in oil fields in iran. all of that could go to waste if trump put the sanctions back into effect. rueckcai drove, hannover the winners right at the top, continuing more and more threat the day. bmw is balancing out the car trade. not a lot of big movers. the only one in the top 10 on the stoxx 50 within over 1% gain. : i am waiting for the price on...
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120
May 24, 2018
05/18
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KNTV
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after being spurned by mercedes and bm wchwp apple is teaming up with volkswagen to change vw vance -- vans into self-driving shuttles for apple workers. last year the times reported apple scaled back plans to build its own self-driving plans to focus instead on developing the software and technology. >>> slow and steady and they are race with turtles, tortoises, indianapolis zoo hosted it's own indianapolis 500 p the fresh fruit appealing to fred. he can't grab it, poor thing. can someone help him. the real indy 500 is on sunday. >> they may have to slow down, do slow mo. >> no photo finish needed i think. >> speaking of memorial day weekend, let's check your weather. >> looks pretty good. a lot of people hoping for warmer weather. we're going to get that into sunday and monday but keep it cool for a little while longer. a live look outside in dublin. a lot of clouds, mist and drizzle in some spots. we'll see that again repeat from yesterday, just not as low as we watch the weather system approach. we do day dry as we get kids ready for school in san jose, 55, mostly cloudy, mix of s
after being spurned by mercedes and bm wchwp apple is teaming up with volkswagen to change vw vance -- vans into self-driving shuttles for apple workers. last year the times reported apple scaled back plans to build its own self-driving plans to focus instead on developing the software and technology. >>> slow and steady and they are race with turtles, tortoises, indianapolis zoo hosted it's own indianapolis 500 p the fresh fruit appealing to fred. he can't grab it, poor thing. can...
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105
May 26, 2018
05/18
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CNNW
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eye 105
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again but with the reflections of someone who is now 56 years old and taking a vilook at what i now vw of life. i have no problem calling myself out and admitting the many instances i was wrong in this book. >> you evolve also. times change, principles remain the same if they were hard set to begin with. the idea of when you started this journey, just after 9/11 -- >> right. >> what an interesting time to come into the perspective business. >> true. and the very first column that i published as a columnist is one that advocates rudy giuliani, a name very familiar to you. you just interviewed him again last week. i advocate that he's the appropriate choice to be the nation's first secretary of homeland security. that's how i used my first 700-word column. by the way, in let susperesearc, i was wrong. >> why? >> tom ridge, having nothing to do with his representation of the president. the first -- tremendous. hell of a guy. did a great job. >> you started off in this business, you've done politics, you've run for office. >> i have when i was in law school. i ran for the state legislature
again but with the reflections of someone who is now 56 years old and taking a vilook at what i now vw of life. i have no problem calling myself out and admitting the many instances i was wrong in this book. >> you evolve also. times change, principles remain the same if they were hard set to begin with. the idea of when you started this journey, just after 9/11 -- >> right. >> what an interesting time to come into the perspective business. >> true. and the very first...
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182
May 24, 2018
05/18
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KGO
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the tech giant signed a deal with vw to produce self driving versions of its t-6 transporter van. initial plans call for that self-driving vehicle to serve as a campus shuttle for apple employees. this super secret project has run into some hurdles including the lack of a commercial plan beyond the vance. >>> uber says it is ending self driving car operations in arizona. it has laid off 300 workers. uber previously suspended operations of autonomous vehicles following a crash in martha killed a woman who was hit while crashing the street in th company says it plans to revive self driving cars in pittsburgh, pennsylvania, this summer. >>> consumer groups calling for a boycott of netflix after it announced a production deal would be taking place with former president obama and his wife. >> the #boycottnetflix was trending, fueled by conservative commentators who saw this deal as a past san one. the streaming service will include films and series produced by a company created by the obamas. >>> the public has a chance to give input on proposals for improving the streets and public sp
the tech giant signed a deal with vw to produce self driving versions of its t-6 transporter van. initial plans call for that self-driving vehicle to serve as a campus shuttle for apple employees. this super secret project has run into some hurdles including the lack of a commercial plan beyond the vance. >>> uber says it is ending self driving car operations in arizona. it has laid off 300 workers. uber previously suspended operations of autonomous vehicles following a crash in martha...
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May 24, 2018
05/18
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KNTV
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times" reports after being spurned by mercedes and bmw, apple is teaming up with volkswagen to change vw advance into self-driving shuttles for apple workers. last year the times reported apple scaled back plans to build its own self-driving plans to focus instead on developing the software and technology. ups will start charging an extra $150 next month to deliver oversized packages. the new fees come as ups is investing billions of dollars to expand and automate its sorting facilities. the charges are aimed at discouraging retailers from shipping heavier products that could slow down operations. ups may partner with trucking firm to handle home delivery of heavy and bulky items. guys. >> thanks a lot, leslie. >> goodness me. haley. >> wow. >> goodness me is right. take a look at that. a british television reporter covering a horse race jumped into action. she jumped in front of a runaway horse that lost its rider. she got in front of the horse, grabbed the reins, knocked off her feet. she held on to keep that horse from getting away. moore apparently knew what she was doing. she's the
times" reports after being spurned by mercedes and bmw, apple is teaming up with volkswagen to change vw advance into self-driving shuttles for apple workers. last year the times reported apple scaled back plans to build its own self-driving plans to focus instead on developing the software and technology. ups will start charging an extra $150 next month to deliver oversized packages. the new fees come as ups is investing billions of dollars to expand and automate its sorting facilities....
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May 13, 2018
05/18
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CNNW
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the biggest one i've seen was about the quarter size of a vw bug. >> oh, my gosh. >> hunk flaming pieces of rock. you can hear the explosions. you can see them flying through the sky. there's been times where we've had to brace for impact and rocks have been raining down all around us. it definite will can be quite dangerous, but, you know, we're experienced enough to know to keep a safe distance and keep away from where that debris is landing so we can safely continue to observe, document and, of course, bring this and share this to the world with you guys. >> we are so grateful for you doing that. thank you so much for joining us. please, stay safe, and as we're reporting the worst may not be over here. diane gallagher joins us live from atlanta. give us an understanding of how much stage could still be done. >> reporter: really, ana, that's the mystery question here. he hit on the part that so many authorities are telling people to prepare for, and that's the unexpected. they cannot really predict the randomness, and that's what makes this so frightening to the people who live on the
the biggest one i've seen was about the quarter size of a vw bug. >> oh, my gosh. >> hunk flaming pieces of rock. you can hear the explosions. you can see them flying through the sky. there's been times where we've had to brace for impact and rocks have been raining down all around us. it definite will can be quite dangerous, but, you know, we're experienced enough to know to keep a safe distance and keep away from where that debris is landing so we can safely continue to observe,...
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May 9, 2018
05/18
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BBCNEWS
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we all know the vw scandal a few years ago affected 11 meet at 11 million vehicles around the world,st car—maker. in the long run, there is still so many people buying cars that will not think about it. this will not hurt bmw in the long run. this is outside source live from the bbc newsroom. our lead story. president trump warns iran there will be severe consequences if it restarts its nuclear programme after the us withdrawal from an international agreement. lets take a look at some of the other stories being covered here in the bbc‘s newsroom. the afghan capital kabul has been hit by two apparently co—ordinated attacks. the health ministry says at least seven people have been killed and 17 people are injured. the islamic state group says it was behind the attack in a police compound. that's on bbc farsi. the nigerian government says it's taking swift action to ensure that ebola does not enter the country following a fresh outbreak in the democratic republic of congo. officials are tightening vigilance at airports and making more use of thermometers to screen passengers. bbc afriqu
we all know the vw scandal a few years ago affected 11 meet at 11 million vehicles around the world,st car—maker. in the long run, there is still so many people buying cars that will not think about it. this will not hurt bmw in the long run. this is outside source live from the bbc newsroom. our lead story. president trump warns iran there will be severe consequences if it restarts its nuclear programme after the us withdrawal from an international agreement. lets take a look at some of the...
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May 24, 2018
05/18
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BLOOMBERG
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since vw is not on this one, flip the screen.est share of all german automakers to the tune of 4.1 million cars imported into china. the yellow line is the total of new auto sales in the country. 24 million. volkswagen's it is shares 16. is 1/6.re seen a turn in town from the trump administration. we are now talking about tariffs on u.s. auto imports. return ase war quickly as the trees happened -- happened?truce >> i don't think a trade war is the most likely scenario. trump cares about stealing automobiles. we have seen that clearly. and automobiles. we have seen that clearly. just lowered to 15. the eu has an important 10%. 10%.s an imports of not surprising to me that the widening of the trade deficit the u.s. has the eu can be traced to germany. germany is in the hot seat. we are talking about a potentially 25% tariffs on imports. that could shrink the deficit a bit. >> we will see. it is going to make a big difference. the difficulty is that in the german case, a lot of the automobiles that are being sold in the u.s. are pr
since vw is not on this one, flip the screen.est share of all german automakers to the tune of 4.1 million cars imported into china. the yellow line is the total of new auto sales in the country. 24 million. volkswagen's it is shares 16. is 1/6.re seen a turn in town from the trump administration. we are now talking about tariffs on u.s. auto imports. return ase war quickly as the trees happened -- happened?truce >> i don't think a trade war is the most likely scenario. trump cares about...
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May 7, 2018
05/18
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BLOOMBERG
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the former vw ceo facing possible charges in germany and the united states.n musk is super serious in taking on warren buffett in the candy business. alix: joining us now is jason kelly, bloomberg's new york bureau chief. reporter: it is so interesting. that -- $7.6 million for logistics and warehouses. this is a total amazon play. you have to think when you look at blackstone making big bets, they've made huge bets on commercials. watch this space. lot more to come here. wealthyere are so many people in asia that the private banks are attending to manage more money. reporter: that is exactly right. there's got to get more work out of these bankers. the other thing that jumped out to me is the most kailey leinz the threshold has always been $10 million, but it was a loose 10. now it is a hard 10. [laughter] ared: a lot of people crashing into asia for private wealth management. reporter: absolutely. david: that is where everyone says they want to go. reporter: the wealth is being generated at a much faster pace in asia. david: this is quite a story. david wha
the former vw ceo facing possible charges in germany and the united states.n musk is super serious in taking on warren buffett in the candy business. alix: joining us now is jason kelly, bloomberg's new york bureau chief. reporter: it is so interesting. that -- $7.6 million for logistics and warehouses. this is a total amazon play. you have to think when you look at blackstone making big bets, they've made huge bets on commercials. watch this space. lot more to come here. wealthyere are so many...
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May 3, 2018
05/18
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BLOOMBERG
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they have got porsche, mercedes-benz, vw, jaguar with a new suv. blue is the model 3.d, but look at the others coming into the marketplace with really high aspirations. so he will have some real competition. alix: i have two feelings, one is that companies are going to have deeper pockets at there is simply line. there are actually car companies rather than tech companies. the other part is that the demand still comes from subsidies. they still need government to support it to have this kind of growth. that raises questions about sustainability. alternately, it is about commodities. if they build a bunch of cars, they have to have some stuff from commodities. alix: lithium, cobalt, nickel, and they also competing for that. at 1:00, we can talk about commodities on bloomberg edge. coming up, the deutsche bank chief global strategist will be joining us on earnings season. this is bloomberg. ♪ i am not here to convince you to buy our stock. isn't volatility is scary. there you go. alix: tesla gets testy. elon musk refuses to answer questions on model 3 production, margins
they have got porsche, mercedes-benz, vw, jaguar with a new suv. blue is the model 3.d, but look at the others coming into the marketplace with really high aspirations. so he will have some real competition. alix: i have two feelings, one is that companies are going to have deeper pockets at there is simply line. there are actually car companies rather than tech companies. the other part is that the demand still comes from subsidies. they still need government to support it to have this kind of...
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May 11, 2018
05/18
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BLOOMBERG
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automakers are having a really tough time competing at sfal -- scale as the giants like toyota and vwer. they have had a hard time with that, even though they have had strong, profitable niches. engine technology is among the best in the industry. they have had a tough time competing in that growth area, which is the mini suvs and suvs. they have had a tough time because the bigger automakers have really focused on that area. that is where the margin is and they have had a tough time with that. they are strong in passenger vehicles, but -- sedans, but that is not really the growing niche. it is in suvs and that is why they are struggling. haidi: thank you, our asian conglomerates reporter in tokyo. we are awaiting a press conference to get more information from the top at mazda. that get you the first word news with paul allen. sworn in as been malaysian prime minister, promising to lead a business friendly administration. 92-year-old says the focus will be on growing the economy and reducing debt. devaluingo case for the ring it. he said much of the money can be recovered and those r
automakers are having a really tough time competing at sfal -- scale as the giants like toyota and vwer. they have had a hard time with that, even though they have had strong, profitable niches. engine technology is among the best in the industry. they have had a tough time competing in that growth area, which is the mini suvs and suvs. they have had a tough time because the bigger automakers have really focused on that area. that is where the margin is and they have had a tough time with that....
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May 3, 2018
05/18
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. >> in 2005, he harnessed the love of family and tradition and started selling tacos out of a vw bus of five restaurants in new york city. when national grocer whole foods discovered the delicious gems and approached him to package and sell the tortillas in local stores, he jumped at the chance to share the food of his native home. >> i would like that we take it to every corner of the country. i guess more than anything, that people enjoy the food we make. >> this southern chef's family tradition of pickling is close to his hear >> have fond memories of preserving as kid. pickling, cooking, it's about getting the most bang for your buck. make sure you have no waste. >> paying homage to a rural louisiana upbringing, five years ago, nick melvin partnered with his father-in-law and launched his line of preserved vegetables, relishes and mustards at local farmers' markets. they are fan favorites. whole foods took notice, invi inviting them to be a part of their local program, connecting small businesses with people looking to develop new and unique products to fill the shelves of whole
. >> in 2005, he harnessed the love of family and tradition and started selling tacos out of a vw bus of five restaurants in new york city. when national grocer whole foods discovered the delicious gems and approached him to package and sell the tortillas in local stores, he jumped at the chance to share the food of his native home. >> i would like that we take it to every corner of the country. i guess more than anything, that people enjoy the food we make. >> this southern...
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May 7, 2018
05/18
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BLOOMBERG
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has filed charges against vw's former ceo, martin winterkorn.any, i agreed to purchase frutarom for $7.1 billion in stock. china is trying to put a positive spin on trade talks with the u.s. negotiations continue, but it conceded that the government's position did not make unreasonable demands. according to one report, china is now studying ways to lower import tariffs on some products. the u.s. has threatened to propose tariffs on $350 billion of chinese goods. that is your bloomberg business flash. nejra, tom? tom: taylor, thank you so much. let me show you a chart right now, folks, which will get your attention. this is the bloomberg dollar index, which is really good math, and it is a trick chart. i have it off to the right to what we have is a weak dollar policy. this is where we were three months ago, and that if you just drag the chart over, there is the surge in the dollar. one of the great thinkers on his denmark, jens nordvig, and also on the strong dollar. is it a strong dollar reality? will we get used to this? well, we certainly hav
has filed charges against vw's former ceo, martin winterkorn.any, i agreed to purchase frutarom for $7.1 billion in stock. china is trying to put a positive spin on trade talks with the u.s. negotiations continue, but it conceded that the government's position did not make unreasonable demands. according to one report, china is now studying ways to lower import tariffs on some products. the u.s. has threatened to propose tariffs on $350 billion of chinese goods. that is your bloomberg business...
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May 24, 2018
05/18
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FBC
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although their parent vw does.ota makes a lot of cars here they just tweeted this, just got this, we've got 136,000 employee s in the u.s. we contribute to local economies, tariffs on auto imports that hurt american jobs, and raise consumer cost, that's toyota for you. if you think anybody would support this you'd have to think it was the uaw, right? auto workers, jobs here in the u.s.. well, actually dennis williams we heard from him from the uaw this morning and here is what he said. he said actually he kind of supports the president on trade in general. he says when i say i support president trump's policies on trade if they do what they say they're going to do we'll be with him but don't say i support president trump because i don't. as i said the auto industry in general the analysts think it's bad for everybody including auto workers. we talked to jeremy acevedo. he said a tariff on overall vehicle costs would be an absolute gut punch that would destroy the profitability of imported vehicles, the luxury segme
although their parent vw does.ota makes a lot of cars here they just tweeted this, just got this, we've got 136,000 employee s in the u.s. we contribute to local economies, tariffs on auto imports that hurt american jobs, and raise consumer cost, that's toyota for you. if you think anybody would support this you'd have to think it was the uaw, right? auto workers, jobs here in the u.s.. well, actually dennis williams we heard from him from the uaw this morning and here is what he said. he said...
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May 20, 2018
05/18
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KTVU
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thief returned a dog after stealing a car with a yellow lab inside. 39-year-old joshua hathaway stole a vw. after the victim returned home, found his yellow lab inside the garage. police believe hathaway drove the dog back to the home, opened the garage door with the opener inside the car, and put the dog inside. so when the victim was driving in the area looking for his car, spotted the stolen pa sat, gave police a call, officers found the car crashed off highway 116 and hathaway hiding close by in the bushes. he was arrested on several charges including vehicle theft. >>> big doings tonight. a big game against the warriors and the rockets. >> it is game three of the playoff series. they are tied one game all. warriors looking to bounce back from the 127-105 loss against the rockets. playing at oracle will be a big advantage tonight. and coming up later in the newscast, you will hear from green on how the warriors play their best basketball when they do take some adversity. >> they did lose. but i think a big wakeup call. i think that guy will have a big game too. >>> 7:42. once considere
thief returned a dog after stealing a car with a yellow lab inside. 39-year-old joshua hathaway stole a vw. after the victim returned home, found his yellow lab inside the garage. police believe hathaway drove the dog back to the home, opened the garage door with the opener inside the car, and put the dog inside. so when the victim was driving in the area looking for his car, spotted the stolen pa sat, gave police a call, officers found the car crashed off highway 116 and hathaway hiding close...
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May 14, 2018
05/18
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CSPAN
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in the same situation, and automobiles, if i don't like the air-conditioning offered by vw, i can see what is being offered by ford, and i can switch. theously the issue with monopolist is there is less choice for the consumer and less competition for consumers preferences. -- consumer's preferences. maybe if a dominant platform is ads thats -- selling are coded to be shown to men only, women can figure out where to go, and they can't even vote .ith their feet what might -- vote with defeat. what might you address? >> i'm curious what the theories you manage -- working with those tools, if you rank google, amazon, facebook, one through four, whose exposed to these microsoft today echo whose most exposed? if you are in charge of making prioritizingns and them according to rank, which one would you prefer? >> that's too hard. i can't answer that one. in order to answer that well, you would like to have a lot of confidential information, you would like to have more information about contracts between these platforms and their users and supplier, both sides of the market or all sides of t
in the same situation, and automobiles, if i don't like the air-conditioning offered by vw, i can see what is being offered by ford, and i can switch. theously the issue with monopolist is there is less choice for the consumer and less competition for consumers preferences. -- consumer's preferences. maybe if a dominant platform is ads thats -- selling are coded to be shown to men only, women can figure out where to go, and they can't even vote .ith their feet what might -- vote with defeat....
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May 4, 2018
05/18
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BBCNEWS
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vw fitted in illegal software to past pollution tests. no back to election 2018. —— now back.novan is in wandsworth. thank you. wandsworth i5 tim donovan is in wandsworth. thank you. wandsworth is one of the big hopes, wandsworth and westminster regarded as tory crown jewels but could wandsworth end up showing limitation of labour's dominance in the capital? sadiq khan, the mayor, arrived a short time ago. many would have seen him talking to you. he g a i here in wandsworth. never got near winning the council from the tories and he was careful to say he thought labour would make gains in councillors, individuals, but! labour would make gains in councillors, individuals, but i do not think he thinks they will take control. tony is here. is it significant, what he said?” control. tony is here. is it significant, what he said? i think so. significant, what he said? i think so. it shows labour are by no means confident of winning ones without the moment. if you look across london, results looking patchy. too early to be sure about that. if they are not confident in wandsworth it h
vw fitted in illegal software to past pollution tests. no back to election 2018. —— now back.novan is in wandsworth. thank you. wandsworth i5 tim donovan is in wandsworth. thank you. wandsworth is one of the big hopes, wandsworth and westminster regarded as tory crown jewels but could wandsworth end up showing limitation of labour's dominance in the capital? sadiq khan, the mayor, arrived a short time ago. many would have seen him talking to you. he g a i here in wandsworth. never got near...
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May 4, 2018
05/18
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BBCNEWS
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there wasn't a huge amount of damage done to vw from the whole scandal itself.n winterkorn is unlikely to face trial in the united states because as we understand it he's in germany and germany doesn't extradite its own citizens to the usa for constitutional reasons. as well as he stays in germany he is probably safe. but he is also facing legal problems within germany itself, so german prosecutors may take account of this and that could be a problem for him. in terms of damage to the company, to be honest we haven't seen a lot. volkswagen notched up a record level of sales last year. its management and strategy have changed but in terms of consumers staying away, that hasn't happened. martin winterkorn is unlikely to face charges because of the extradition situation. but it's still an astonishing fall from grace, isn't it? it is. this is what we know so far. we know that volkswagen has admitted systematically deceiving consumers and covering things up. if there is any way in which these allegations can be substantiated, that takes it even further. thank you. le
there wasn't a huge amount of damage done to vw from the whole scandal itself.n winterkorn is unlikely to face trial in the united states because as we understand it he's in germany and germany doesn't extradite its own citizens to the usa for constitutional reasons. as well as he stays in germany he is probably safe. but he is also facing legal problems within germany itself, so german prosecutors may take account of this and that could be a problem for him. in terms of damage to the company,...