vw scrapping a plan for a 2 billion euro ev plant in germany.m confused on a daily basis about the energy transition. it's proving to be more difficult than anticipated. it doesn't work without significant government subsidies. vw speaks to that. it's hard to make money. it's going to take longer. it's going to be more expensive. the initial enthusiasm is beginning to fade rapidly. alix: they are opting to make this ev model at the existing plant. i can't tell if this is, let's just build it more smartly and cheaply, instead of building a new plant? or is there something more dramatic? carmakers in the u.s., $12 billion of subsidies to build ev plants. you are going to spend money. governments have to spend. many say you need sticks. i get that. initially, you can't. you need the carrots. guy: you do. that is the lesson out of the u.s. will the debt be worth it for the wider economy? that's a challenge we don't yet understand. maybe that's what's happening in the bond market. what we are clearly learning is europe is struggling to navigate this.

vw slow progress is the subject of today's big tech.len sales means the german company is losing ground in its biggest market. for more, we are joined by oliver creek. walk us through how this ev battle is playing out. >> you have to think about what is at stake here and what will matter to the future of this industry. the ev transformation with that digital -- digitalization and software and china is asia's biggest auto market. the question is for the car companies. do they have enough growth room in either of those two categories? in the center of munich, had car stands all over the place. right across from them, you have the byd stance saying basically and add sync you probably never heard of us but we are one of the biggest electric car companies in the world and they are really trying to introduce themselves to the european market so vw is losing progressively to its market share in china. the fear is they could be losing it in europe. i spoke to the vw seo and asked him how he sees this competition. >> competition drives you. we c

. >> it was a vw. >> my first car was a vw golf. >> vw polo that i purchased, and that tells you how >> back in 1995. >> my first mercedes was a c class. >> i did not have my own car so i was driving my mom's oldsmobile. >> an f150 pickup truck manual stick shift. >> on the floor i set the rubber fuel pipeline on fire. >> a honda with an ugly blue thing. i also had a renault. it is special for me to make it again. jennifer: nice to hear from those executives, and natalie portman. my first car was a toyota rav 4. let's pivot to rent in london, 1000 pounds a month for the first time according to data from the website, spare room. who exactly is this affecting, and what is driving the increase this year? >> spare room is a platform aimed at younger people and graduates. we are seeing more older people use the platform. in london or the city you can find a room and start your job or study, that is the goal. right now there is so much pressure that there are five or six people available for every room, and if you want to get a room in london, it it can hold you back. what is driving the i

next year is coming up on vw news. asia can a partnership between manila and come for the turbo shame in the south china sea quest. how junk food is harming indonesian children's health. the colleagues their asp energy has that and more and after a very short break, just be with us. if you can. i'm sarah kelly and berlin. thank you so much for watching. take care. the question about life, the universe and every thing the answer. well then given here the answer to almost everything. we're documentary series with whoever raising the ground breaking understanding.

example accepted a 5% increase for what is likely to be a 5% increase in pay, contrasting with what vw which is 36%. so you can see how the expectations are little more modest injapan. there are signs that labour disputes between auto industry workers and car makers are spreading beyond us borders. in a few hours, ford motor could be facing a strike in canada. that's when a contract between ford and a union representing 5,600 canadian auto workers is set to expire. unifor has warned that the likelihood of a strike is increasing with every passing hour. the car maker could face a strike in canada if no they are asking for better pay and an improved pension system. now let's focus on electric vehicles — because while china may hog the headlines when it comes to evs, there's one other country looking to lead the field — that's indonesia. one of the south east asian nation's most powerful family conglomerates with big interests in mining, oil, and gas is looking to get in on the act by electrifying jakarta's public bus system. our asia business correspondent nick marsh caught up with anind

guy: why doesn't the market recognize the value of porsche and vw stocks?e was a story about porsche. the market always knew porsche was worth that much. it did not have a listed price but we knew about it. in the transaction what happened is effectively volkswagen lost control or the -- of the cash flow porsche. they got the minority rights and effectively got de facto blocking rights on the cash flow. there was a net loss of value for volkswagen. for stock we knew all along was worth that much, effectively it was negative. alix: philippe, the argument that there is not enough bad news. can always get worse. i wonder what specifically gives you more confidence now that maybe there has been enough worst stuff. philippe: i have looked at the company for many years and i feel like there was something very insular about volkswagen. they were the best. it's a company that 25 years ago used to share costs and invest wisely. i think it's expensive and i think in some ways it will just -- struggle to give the brand independent. management has not managed that prop

. >> is this the one with the vw bug and the flowers? >> that was another piece i made for our for thames senior art show. and so poster. and then we had all the seniors display their art at the mill valley lumber yard. >> wow, this looks amazing. look when you were there, can you engage in the arts? actually, do you just admire or can you actually get your hands into stuff? if i guess i can take it in the sense that it. >> yeah. for kids, i think there's a lmore opportunity. there's actually, if i'm not mistaken, in moca, the i'm so sorry, the marin museum is doing an art, basically any with kids. also some artists do demonstrations and includingmysg demonstrations in my booth. >> that is so neat. can i just ask you, is there something special like haven? what do you think about just being in that environment? i mean, it's not just any festival. it's in the redwoods, basically in a beautiful forest. >> i think it's really special. i mean, it's everyone from the community getting together and we see lots of arts from like ceramics to eve

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harsh words not just on vw but renault.from china. is that the top there? the assumption that vw, once they get that manufacturing capacity cannot keep up? oliver: i asked the renault ceo about that and he said the rumors of by death have been exaggerated. this ubs note was very scathing. it was a eulogy for the legacy carmakers. let me go through some of the main points. because the chinese automakers are such a cost advantage, 25% up over that, they are way ahead of them. by the time in 2030 the chinese will double their capacity of global market share and that means 20% of legacy automakers market share will be lost in that time. dani: passive. in the meantime a lot of the conversation has been about china. let's go back to the european automakers. what conversations have you had about what they are doing and where the history goes? oliver: listen, the other backdrop around this is let's not forget on friday tesla cut prices yet again. they send out their model three. this is all mounting pressure. a lot of executives ar

vw mets also. reports from gun is northeast region. daniel to move that any sound good. a subdivision one become the yams, and so we have these degree of the season are completely gone. most of them is corrupt, is rotten in the flooded water. a lot of them has what, as you gotta see, and what that is, got it. everything that we know 11 that the left is not what we are picking. you know, the flooding means the comb. how set to jameton right out of the half days. very little does is go to eat. no, no, no, what does got it that way? i'm sorry. we don't have any alternative. i'll pay you know, school fees, feed in the family and also leaving something for images is like diseases and other things. ellia, do you see the families had commented themselves lucky. what were the ways of the april give them reason to hold for a good half list, but it don't pour in august worst a we those hopes and much more. besides, miss rose bridges, homes are gone. they pretty yeah, were dependent on dfcs harvest now and across the new from everything has been washed. the we model was when oh muc

. >> it's a vw visit your volkswagen dealer today and lease the all electric 2023 id4 pro for just 349 month at rec band when we save you save we made a special purchase of new winnebago solis with pop top adventure vans. >> get your new solis at a discounted price of just 109 998, but only at rec van >> this is exactly what i was looking for. oh, look at that. >> elevate your next kitchen project with airport home appliances. massive in stock premium and luxury appliance election, our highly trained experts are here to help find what you need and get it delivered when you need it. so whether it's a small budget or large budget, we're committed to making your next kitchen project a reality with zero interest financing for 24 months on select premium appliance brands only at airport home appliance, the doctor will see you now. >> but do they really? do they see that crick in your neck that ache in your heart? will they see that funny little thing that wasn't there last year? the you bounce in your step or the way your retinal scan connects to your blood sugar at kaiser permanente? all o

within the vw company, we have battery cells and we have scaling that with the unified cell which isomething which is promising. they he ann-- announced in cana of a gigafactory. in terms of supply, we are in a good spot. when it comes to expanding the footprint with the factories, europe is not in a good spot at the moment. >> many talk about the i.r.a. it has been faster than the european side with the particular response. so far your assessment with the political will in europe being there, but are they moving fast enough? >> of course, they are not moving fast enough. if you look at the inflation reduction act and investment into north america with 380 billion mrs. companies. this is a huge factory that change the game at the moment. the u.s. has done something where we have a little bit more wiggle room in terms of subsidies. it is nowhere near what you get investing in north america. >> a couple of highlights. first is competition from china and the second is the competition from the i.r.a. all of the incentives the americans are giving means there is less incentive to invest i

vw can record your voice in the cockpit and use it to target ads at you. do that -- subaru says anyone getting in the car, including passengers, consent to all of this, and tesla, they say, is the worst. we talked to terry schilling, he toll the us he actually has a tesla. and here's what else he told us. >> your car is such a sacred thing, you literally drive it everywhere. these people can know what you're eating, where i you go to church, where you live, and to know that we don't have any previous privacy rights and those are being violated, i feel a little betrayed, that's for sure. >> reporter: speaking of tesla, they say that you can opt out if you have a tesla of this gathering, but, and i quote them now, it may result in your vehicle suffering from reduced functionality, serious damage and inoperability. when we buy a new car, it's got all this stuff in there. i did not know, and i've covered the auto industry for a long time, that the privacy policies are what they are. they're pretty powerful gatherers. cheryl: a few elements in your report, jeff

. >> you those seats could for a lot of history, the front lines or the really was first car. 98 64 vw bug ice. >> in 1959, austin, healey, le mons. classic old cars yeah, you had some nice yeah. know he's broken well, that's what happens to old cars. he had some great stories about he said they would sneak into the drive-in theater back then. >> people to climb in the trunk of the car. so you have to pay extra. yeah. he said easily 3 full grown people could fit in the trunk of that car. i hope there was enough air in there. did your parents didn't sorry in the truck and that my dad has said it right all the time. really all right. so the next play you can see that car as it doesn't get enough a classic car show is tomorrow from 10:00am to 02:00pm at the orinda billet right in front of orinda motors. you can see that 61 impala will be there tomorrow. i bet. i bet you they have all kinds of stories we couldn't put on the air. all right. but up next, a metal. that's it for us. >> coming up next, though, sports night live with kron four's. erin wilson have a great weekend >> the closer yo

and vw for example, they say they can record your voice as you are driving so they can target ads toct information about your sex life. subaru says anyone who gets in the car has to agree to these policies and they do so by implied consent and tesla is the worst of them all. nissan, for example, new survey says is one of the worst offenders they say they can collect information on sexual activity your orientation, your health data, genetic information and precise geolocation. we reached out to nissan and they told fox business when we do collect or share personal data, with applicable laws with transparency. nissan does not knowingly disclose information on sexual activity or orientation. he talked to the folks at ford. they comply with federal law and don't necessarily collect that stuff. the leader of the study says how come is in the policy? just because you are not doing them now doesn't mean you can't do it as you go forward. take a listen. >> very personal, the places we have personal conversations or after something devastating happens. something so invaded with cameras, data

they are not showing up in their be beatle, their vw. they are older and expect comfort and civilization, but is not meant to be civilizid, go back to something more man-made and this they got what they -- maybe this is a natural thing they should have expected and now it has become a little dangerous because of pathogens and the mud and sanitation. good for all of us turning into moms and a dad. >> i try to picture the person briefing the president on this. there is a situation unfolding in nevada. the question is, where do -- there are folks posting videos where they are trying to make the best of it. joe, you mentioned celebrities hiking out. so many vehicles are trapped in the mud and that may be different from the tent, now your rv is stuck. it may take a long time to resolve. >> joe: roads will be reopened perhaps as early as today and hopefulfully cars can get out. given number of people and potential for ilness, do you send in fema? >> 70,000 people and climate activists did try to block the road. you make a choice, it is a matte

ultimately the ford vw backing became impatient. 140 executive said it was easier to put a man on theutonomous driving up and running. did you just need a different mindset of length and time to get capital? bryan: this requires patient, long-term capital and it certainly requires a big vision in order to make this happen. at the end of the day we want to improve lives. we want to improve the overall cost structure of the entire supply chain. the only way to do that is making big changes to how it works. that means any time are working on a problem, you have to really work in the details and take a big vision to make it a reality. that takes m time. what you are seeing and -- in general, different companies are playing to their strengths and how they can be most successful and adapt their business. what is unique and exciting about this is that softbank has a large commitment to ai in general. they believe in the power it has in transforming our everyday lives and that is where stack av comes out, doing that and applying it to trucking. ed: yes. softbank said they are not just backing

the suspects are described 3 men wearing face masks who got away and this black vw golf. the license plate is 6 pft, 7, 7, 7, have any details. call piedmont police. a man is recovering in the hospital this afternoon times outside of a bank in berkeley. weld thatuthe stabbing happened around 3.30, is morning at the chase bank. that's downtown on shattuck avenue. it's around the corner from the bart station. officers responding to the scene say that they found an injured man inside the bank right next to the atm. he was taken to highland hospital and it's set to be in stable condition. police say no arrests have been made and there are no details right now on any potential suspects from the stabbing case. happening town hall meeting is scheduled to discuss fillet, hopefully says response to alarm calls. the town hall meeting was scheduled to discuss the department's proposal to reduce response to certain unverified alarm calls because of limited staffing under the proposal, police would only respond to manually activated panic alarms and silent robbery alarms. police would

not talk about a vw bug. >> says exactly one of the problems.ound vehicles are increasingly sophisticated with regard to their technologies. a lot of the technology they are using belongs to the companies that sell to the department of defense and ultimately to the taxpayer. they keep a lot of these things hidden from the general user after uniforms. it requires a lot of contractors to keep aircraft like this flying they do not want to show what is behind the curtain. that is not just with fighter aircraft there are computer systems all over the department of defense the uniform personnel cannot maintain because the companies building them and maintain them on the civilian side hold that behind that curtain but we cannot see. eric: and 20 seconds you think this will be fixed? do use the resolving soon? >> there's a lot of factors you got the focus on they've got to find that you got to make it a priority. our department of defense and president to have a hard time doing all three of those for. >> tenant colonel thank you very much it's pretty as

the suspects are described as 3 men wearing face masks who got away and this black vw, golf, the license plate is 6 p f t 7, 7, 7, a man is recovering in the hospital this afternoon after he was stabbed several times outside of a bank and berkeley. we're told that the stabbing happened around 3.30, this morning at the chase bank downtown on shattuck avenue. that's around the corner from the bart station. officers responding to the scene say they found the injured man inside the bank. next to the atm. he was taken to highland hospital and is said to be in stable condition. police say no arrests have been made and there are no details on any potential suspects. here in san francisco. this year's sales force convention known as dreamforce is now wrapping up the fort event was focused on artificial intelligence. so there's a lot of pressure on the event as the city was told that needed to kind of clean up its act if it see dreamforce again. kron 4 charles clifford has the latest. >> you know, this is the last day of dreamforce and there's been some rumors that they could not return next year

a company that sells 1.3 million cars every year versus vw that sells 8 million and they command 13%share with a single model. kriti: really interesting dynamic and you can see why they are butting heads clearly. let's go across the atlantic and talk about the other major auto story this week. the uaw strike making some progress on some fronts. oliver: we know a little bit but the thing we are looking for is friday, noon, we have no increased offer. nothing palpable. there have been discussions but we need to get offers on the table for us to say there will be progress. they can expand strikes starting friday if they don't come up with anything better. in terms of how it is affecting the company, say they have inventory and have prepared for this and are doing ok. some dealers are reporting some inventory shortages and s&p global mobility says for the big three this is costing them about 3000 cars a day in terms of production. the white house team has not yet arrived in detroit, they should be there to facilitate talks with the president of the union has been very skeptical about pol

ale>> i'll continue to fall e with pod to across america, selling cheese damages at the back of my vw as i have. you can man the merch stand. >> thanks, dude. thanks a lot. i have a good night. >> by. >> thank you at-home for joining me this hour. today, was the first time house rogue impeachment inquiry into president biden. when i tell you there was not a lot of they are there, that this inquiry was so far based on paranoid vibes and conspiracy hunches, will don't take my word for it. here are the three witnesses that house republicans called today to make their case. let me say that again, these are the witnesses that house republicans cold. >> i am not here today to even suggest that there was corruption or any wrongdoing. >> in fact, i do not believe that the current evidence would support articles of impeachment. >> you mention in your oral testimony, you had written a commentary entitled, you'd go to prison for what biden did. that would you go to prison for what? hunter biden did? >> that's exactly right. i was cutting downwards, to stay within my five minutes. >> you realize,

vw has admitted in privacy statements that it can record your voice and target ads to you.kia can collect information about your sex life, although they say they don't do that, subaru, if you are a passenger, you are agreeing to have your data collected, and tesla, they said, is the worst offender of all. 84% of those brands surveyed share their data that they collect. 76% sell it, more than half will give it to police if they ask for it without a warrant or without a court order, and 68% are subject to hacks, leaks and breaches. the leader of the study says particularly troubling, the willingness to give it to government if it asks. listen. >> what we saw with these companies was some of them saying they would share your personal information, your location, your sexual activity on and on and on with law enforcement based on something as simple as a formal or informal request, and that's really scary. >> one of the biggest offenders, according to the study, nissan, here is some of what they say in their privacy disclosures that they will collect. sexual activity and orienta

here she is on an august afternoon in 1979 at the helm of their vw van, laughing and waving her handsternating one and then the other on the steering wheel. momentarily, no hands on the wheel. then charlotte's left hand flies out the window, slices the air carelessly. her fingers stretched wide as if she'd flung a fist full of pearls at passing cars. artistic purpose and addiction are two central themes in my book. i think those themes can sometimes be intertwined because of the ability for art to take you out of yourself no matter what the art form is. when people are deep in addiction, i think they're in the throes of also trying to reach that place, but with a faulty method. "people used to drink wine for breakfast. did you know that?" said charlotte. she was worldly and once toured with a band called yesterday's horoscope. "what people?" asked viva. "renaissance people," said charlotte. that past year in the fifth grade melody makers, viva had learned a madrigal, a fussy overwrought song that circled round and round. a renaissance person wrote it and it did make perfect sense to h

then you have vw and general motors and again, mike, if you take a look at shares of tesla, i'm not surprisedack more than 5% today, it had a nice move over to the last two weeks, and people are looking for any kind of a reason to take a little bit of profit here. >> still, it is still a double this year, so it has some to give, phil, thanks very much. brenda, there also was some reporting on price cuts not in china but domestically here. that's been a theme for a while. i guess that's a matter of whether you think that's a good strategic volume move or a sign of weakness. >> well, i think the price cut to the model 3 in my mind makes a lot of sense. in order to clear inventory and make way for the newly designed model 3, even though it hasn't been announced in the u.s., i think it was coming to the u.s. at some point. i think that that makes a lot of sense in my mind. but of course, i mean, this is a company that has incredible transparency with pricing the vehicles, which isstandpoint, b from a wall street standpoint it creates volatility when they make these different moves on the pricing

purse were stolen after they were knocked down and the suspects, 3 men in masks took off in this black vw, golf or the license plate 6 be ft. 7, 7, 7, well, governor newsom says he's working to tackle the state's homeless crisis, especially the one in san francisco. >> the governor says the state will intervene in the ongoing federal court cases than the city from cleaning up homeless encampments until more shelter beds are available. newsom says a judge implemented that ban went too far and is preventing the state from solving a critical problem, adding that he thinks issue should go to the supreme court. the coalition on homelessness won a lawsuit last year and they say the city, you can still clear encampments to provide safer conditions for people. but it has to be done right. >> are very disappointed that basically trying to overturn some very narrow, fundamental civil rights of impoverished californians can't clearances are still happening. that's just not an effective way to address homelessness is to just kind of sweep make everyone moving. they have nowhere to move to. >> that in

it's a vw. visit your volkswagen dealer today and lease the all electric 2023 id4 pro for just 349 a month. >> the doctor will see you now. but do they really see do they see that crick in your neck that ache in your heart? will they see that funny little thing that wasn't there last year? the new bounce in your step or the way your retinal scan connects to your blood sugar at kaiser permanente? all of us work together to care every business deserves a great deal. that's why comcast business is launching the mobile made free event. with our business internet, new and existing customers can get one year of unlimited mobile for free. it's our best internet. powered by the next generation 10g network and with 99.9% reliability. plus one line of free mobile for an entire year. it's the mobile made free event-happening now. get started for just $49.99 a month. plus, ask how to get one free line of unlimited mobile. comcast business, powering possibilities. done. the president and first lady visited l

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but there is a shot of the getaway car, which is this black vw, golf with the license plate 6 b f t 7hat he's now working to tackle the state's homeless crisis, specially the one here in san francisco. >> the governor says the state will intervene in the ongoing federal court case that's banned the city. we're cleaning up homeless encampments until more shelter beds are available. newsom says a judge implemented that ban went way too far and is preventing the state from solving a critical problem, adding that he thinks issue should go to the supreme court coalition on homelessness won a lawsuit last year. now they say the city can still clear encampments to provide safer conditions for people. but it's got to be done right? >> are very disappointed that basically trying to overturn some very narrow, fundamental civil rights of impoverished californians can't clearances are still happening that's just not an effective way to address homelessness is to just kind of sweep in, make everyone moving. they have nowhere to move to. >> well, the injunction has been in place since december afte

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. >> alex wagner will be selling cheese sandwiches out of the back of her deep vw hoping to get a ticketthis week strong, my friend. >> thank you very much. it was dragging towards the end, but i made it. >> you made it on a high not, alone night in terms of american society, but a high note in terms of content. as always. >> have a great weekend. >> you too. thanks to at-home for joining me this evening. it is friday night. we are on the verge of finding out the answer to a question that has been hanging over this country for

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they were wearing face masks and they got away in this black vw, golf, the license plate which probablye. but let me tell you, at 6 be ft, 7, 7, 7, somebody suffered minor injuries after his car crash happened in fairfield. it's all according to firefighters responded to the scene. it happened last night on eastbound 88 waterman. now we don't have any details on how the crash happened at this time. governor newsom says that he's now working to tackle the state's homeless crisis, especially the one that happened in san francisco. the governor says the state will intervene in the ongoing federal court cases banned the city from cleaning up homeless encampments until more shelter beds are available. newsom says the implemented that ban went way too far and is preventing the state from solving a critical problem and that he thinks the issue should go to the supreme court. the coalition on homelessness won a lawsuit last year and they say the city, you can still clear encampments provide safer conditions for people. but it's got to be done right? >> are very disappointed that basically tryin

they got away in this black vw, golf and the license plate is 6 be ft. 7, 7, 7, governor newsom says is now working to tackle the state's homeless crisis, especially the one in san francisco. >> the governor says the state will intervene in the ongoing federal court cases banned the city from cleaning up homeless encampments. 2 more shelter beds are available. newsom says the implemented that ban went too far and is preventing the state from solving a critical issue, adding that he thinks that the issue should go to the supreme court coalition on homelessness won a lawsuit last year. they say the city can still clear encampments to provide safer conditions for people. but it's got to be done the right way. >> very disappointed. that basically trying to overturn some very narrow, fundamental civil rights of impoverished californians can't clearances are still happening that's just not an effective way to address homelessness is to just kind of sweep in, make everyone moving. they have nowhere to move to. >> well, that injunction has been in place since december after homeless advocate

but here's the black vw. golf police are looking for and the license plate 6 be ft. >> 7, 7, 7, >> governor newsom says he is working to tackle the state's homeless crisis, especially the problem in san francisco. the governor says the state is going to intervene in the ongoing federal court case that has banned the city from cleaning up homeless encampments until more shelter beds are available. governor newsom says the implemented that ban went too far and is solving a critical problem. and yet he thinks the issue should go to the supreme court. the coalition on homelessness. they won this lawsuit last year and they say that the kid the city can still clear out and can plan and camp minutes. but it has to provide safe conditions for people. >> very disappointed that basically trying to overturn some very narrow, fundamental civil rights of impoverished californians can't clearances are still happening that's just not an effective way to address homelessness is to just kind of sweep in, make everyone moving.

tom: no, vw diesel rabbit was a cool car.d the windows down in the triangular window you could push out. tom: we didn't have radio in it so we couldn't listen to bloomberg surveillance, good morning from radio and television. ♪ ♪ ♪ explore endless design possibilities. to find your personal style. endless hardie® siding colors. textures and styles. it's possible. with james hardie™. >> u.s. growth is accelerating and surprising to the upside, something that is going to change. >> the economy is going down. >> the bond market is pricing in a slowdown and the equity market is not. >> what is confusing me is people are selling bonds and saying they like them. >> we are in the annoying space of inflation. that's why we think it will persist. >> this is bloomberg surveillance with tom keene, jonathan ferro and lisa abramowicz. tom: good morning, jonathan ferro, lisa abramowicz and tom keene, right there is what we are about. katie kaminski and eric davis yesterday, equities and bonds, looking for priced down, yield up. not so much

. >> alex wagner will be selling cheese sandwiches out of the back of her deep vw hoping to get a ticket. a miracle if you. well >> we will hook you up. >> into the with pod live show. congratulations on finishing out this week strong, my friend. >> thank you very much. it was dragging towards the end, but i made it. >> you made it on a high not, alone night in terms of american society, but a high note in terms of content. as always. >> have a great weekend. >> you too. thanks to at-home for joining me this evening. it is friday night. we are on the verge of finding out the answer to a question that has been hanging over this country for eight years, can anyone or anything stop donald trump from lying to the american public? we are learning new details about a request from special counsel, jack smith. who is asking a d.c. federal court to restrict trump's public comments about that case ahead of the trial, which is scheduled for march 4th of next year. smith's team writes in this filing, since the grand jury returned an indictment in this case, the defendant has repeatedly and widely di

he drove a vw rabbit a few years ago.with a jumble in reality of $94 per barrel oil? barry: the oil situation is fascinating. one thing i wrote about last week is somehow started to explore a little. for five decades, the correlation of the price of oil with the dollar was negative. the dollar was the single biggest contributor to our current deficit that pushed us off the gold standard. if you think about decades when the dollar was decidedly weaker, the 1970's and to thousands, it was a consequence of writing these deficits. so flipped the deficits on his head and the dollar is now a petrol currency. i have described it as such. that in and of itself has big impact on the u.s. and europe. where i am going with that is, as oil goes up and the dollar goes up as a consequence, because we still run massive goods deficits, you get a big offset in import prices. we will see that number this morning. that tightens financial conditions. the increase of the dollar as it goes up. because asia is so vulnerable, china and japan are

have any allusions it will be easy ang the way and i ctainly have seen both sides makesteps, in my vw, in handling theseituations over the years. i hope we don't do tt again. with that, mr. speaker, i reserve my te. the speaker proempore: th gentlen fro oahoma reserves. the gentlady from ne mexico is recnized. ms. lege ferndezmr. speaker, i tnkhat americans know is that f too long republicansav been protectg e rich and the corporations who doot pay their taxes. and when we start tking aut what we're sndinha money r. decrat are investingn rural ica. children.investing in o theyre iesting in our infrasuctu. andhat are republicans doing? yes, ty a adding to that deficit. publicans put $2 tllion on that credit cardn tax cuts for the rich. the leader they worsh, dona trp, put $7.5 trillion onto that deficit. the very first billheyrought to the floor of ts congress, what itdd? $114illion t that. so tt's whate nee to talk abt. it's n just how they want to cut itments in impornt familiho need i ouror our seniors, our veterans, but what are ty doing? theye trying t make se that theyon'tave to

we're going to pueblo, the largest factory auto in the world is for vw. got great german companies. there are cities in mexico that will give you the store, health care taken care of. unfortunately, you can pollute at will. fabulous workforce. don't count on it, union. don't count on us not going back to mexico. don't count on it. too good a workforce. very easy to do business there. ksu, well, now canadian pacific rail, goes right through the town i've got a place in, and union pacific too. it's too easy to build down there. and this president, i know he's a union president, he's self-proclaimed, but there is a country that we do a heck of a lot of trading with, and it ain't china, and it ain't canada. but it is mexico. they've come on very strong. lot of -- by the way, there's a lot of stability in mexico right now. >> political stability. >> yes. >> yeah, could be interesting if they wind up with a female leader, right? >> wouldn't that be something? underrated country. no one -- no president seems to take them serious, drives me crazy. >> i know you t

we're going to make the old ones, but puebla has a 55,000-person factory for vw, a good educational workforceeal push on control rules, that's not to be mentioned. free health care. you want to play ball? you want to keep doing this? mexico. >> glad to see you're standing up for the american worker here, jim. thanks for that. >> i was a union member twice. one was completely corrupt and i led a wild card strike and was fired. that was not good. >> you seem to think the automakers have the upper hand. >> the union -- you could say they're way behind, the wages aren't the same as -- >> his point would be that they have -- they haven't kept up with even base inflation since 2007. >> so you go to 25%. is he not satisfied with 25% increase in i think most of america -- ford's the most unionized company in america. it is. >> what about the way that they say they're going to strike, which would be not cross the board but -- >> stellantis -- oh, you mean targeted factors? you target the f-150 because it makes a lot of money. they can build a hybrid very easily in monterrey. >> b of a took a crack at

why is diesel, that goes into my ancient vw rabbit, topsy-turvy?en: it is the least market margin for refineries. our goal is to always maximize the amount of gasoline being produced. so distillates or diesel fuel always comes in second place. with the taxation policy, there is a market under strain. right now, we are going into the demand peaks season for diesel fuel. you have demand in us angeles, southern california with all that comes into the ports. those goods have to be shipped to sales to get ready for the christmas season. he also have the harvest in the midwest for there is a tremendous amount of demand. supplies are just really low. low supplies, high demand, so there is only one way for prices to go. tom: do you just assume a gallon of gas catches up with where brent crude is? stephen: absolutely. and what is scary as we are now consuming winter grade gasoline which has a higher vapor pressure and is cheaper to manufacture, yet prices are at record highs for this time of the year at the pump. with the situation we are seeing in crude oi

tom: we had a vw diesel. jonathan: the german manufacturers really push that stuff.uite a big difference in these numbers, opec gave us a number and iea gave us a number. -- gave us another. what's the number do i need to think about, what will the supply deficit be? >> even the iea numbers are pretty chunky when you look at global demand, over 100 million barrels per day. you are almost 1% even on the iea number. you split the difference between the iea and the opec number, you are looking at chunky deficits and that's what driving markets higher. it's clear the saudi decision to keep that cut in place by the end of the year is fighting the market. it's driving down inventories quickly but the market will be focused on what that number looks like in the first quarter of next year. there will be some year on year growth that won't be as strong -- as in that will come into focus but no matter which number you choose, if you look in between, we are looking at a tight market where inventories are coming back quickly. lisa: will we be talking about the weather and how co

when the vw van rolls around and he says moonlight, oh my god!ack and saves the kid, it is a moment of moments. willie and i are blinking back tears. it is about family, about tradition, about baseball. it is one of the best. i might have to watch it again tonight, in fact, as we're talking about it. >> i'm going to move on. i'm embarrassed for you all. >> that's a nice short porch in left field. i feel like we could all go deep there. >> yeah. >> you know what we need to do, willie and lemire? we need to create a whiffle ball field of dreams. i'll plant the corn. >> in. >> we're in. >> in our studio. >> tj has decided where it's going to be built. >> mlb network has one in secaucus. they do demos on there. we can go play whiffle ball over there. >> i just got triggered. >> scarborough country days. no passport required. only common sense allowed, my friend. >> now back in scarborough country. >> my other car is an suv and it's double parked in scarborough country. so many great memories there. can i just make one final recommendation? >> no. >>