it says whirlpool is far from a bulletproof story.he analyst then go on the list of series of negatives, a mixed quarter, the middle east in africa korea appliance makers opening up new factors in the u.s. even after those negatives, raymond james likes the stock because they see guidance being conservative and potential strength in the u.s. market which they know is robust. seeing getting a dollar boost to its earnings plus the company is now going up against some weak comparisons and while wall street was disappointed by the guidance those are two major tail winds on top of that, management is forecasting a substantially higher tax rate that analyst feel is unrealistic. finally practicing u pod under practice over delivered. so where do i come down? based on the latest numbers, it is still clear that the company is in the process of getting their act together i thing the upside to this stock could be enormous. 12 times earnings here that is cheap. most stocks in this sector trade 18 to 20 times earnings. however, i was wrong when i

whirlpool to deal with any faulty machines within a fortnight of being contacted by customers.oon as defects are identified. safer materials to replace plastic—backed fridge freezers, which appear to be a significant risk. and it wants the government to actively explore the creation of a single national product safety agency to improve a system which the mps claim is fragmented and under resourced. whirlpool says it's helped the vast majority of customers who've come forward so far, and promises it will now resolve reported problems within a week. the government says britain's product safety requirements are among the highest in the world and it's already taken steps to improve the current regime. emma simpson, bbc news. britain's johanna konta is through to the second round of the australian open. the british number one made swift work of her match against american madison brengle at melbourne park. our sports correspondentjoe wilson reports. johanna konta — concentration, focus, a force of willpower. well, all of that was there in melbourne. she overwhelmed madison brengle, r

the white goods manufacturer whirlpool hasn't done enough to deal with defective tumble dryers whichss committee says the firm's response to the problem, discovered in 2015, has been "woeful". our business correspondent emma simpson reports. a flat in a tower block in west london engulfed in flames. the smoke rising more than ten stories. the blaze itself damaging five floors. it started in this property, and london fire brigade believe the cause was a faulty tumble dryer made by whirlpool. it has had a problem with defective and potentially dangerous tumble dryers since 2015 when it discovered a defect which could cause them to set fire. today, mps described whirlpool‘s attempts to fix things as slow and inadequate. their evidence was woeful. since 2004, they admit there have been 740 fires in homes caused by these tumble dryers, and yet still today, in 2018, there are a million of these tumble dryers in people's homes. they need to take much stronger action to get those out of people's homes. her parliamentary committee has looked into the safety of electrical goods. among its reco

whirlpool, aus manufacturers from korea.rer, has been pushing the barrel on this one, saying they have lowered prices to such an extent that they simply can't compete and really this amounts to an unfairtrade compete and really this amounts to an unfair trade practice. of course it will be the us consumer paying it because tariffs just end up in the pricetag and lg and samsung say they are starting manufacturing in the us and this is counter—productive. solar panels, why is that such a major issue for americans? it is a big issue because of china, they have really pursued solar aggressively and there's a big problem with appellation over there and they want to do something about it. -- air and they want to do something about it. —— air pollution. in the process of kickstarting the solar industry, it has to be said it has worked, it's gone to 6% to 70% of the global industry in a decade, they have managed to push our us manufacturers. there's great concern among us manufacturers. the bottom line is the us manufacturers have t

as for whirlpool, for years they have sought protection against cheaper imports from south korea andmed this move, saying they have welcomed this move, saying the initiative will result in new manufacturing jobs in ohio, kentucky, south carolina and tennessee. let's see how this plays out going forward. the reaction in davos will be interesting once president trump gets their. now let's brief you some other business stories. both houses of the us congress have approved a temporary spending measure to fund the federal government, ending a three—day government shutdown. the bill will fund federal services for another 2.5 weeks. democrats agreed to drop their objections in return for republican assurances about immigrants facing deportation. netflix shares surged on monday after it delivered strong results for the last three months of 2017. its profits are up, but what pleased investors is the solid subscribers number. netflix added over eight million of them in the quarter. the company's market capitalisation has now crossed $100 billion. bacardi will buy tequila maker patron in a deal

among its recommendations, it wants whirlpool to deal with any fa u lty wants whirlpool to deal withit has already taken steps to improve the current regime. the french president, emanuel macron, is travelling to the channel port of calais this morning, where‘s he‘s expected to outline a strategy to deal with the issue of migrants who are camped in the so called calais jungle. french officials say he‘s likely to ask theresa may to take more migrants and provide more money when the two leaders meet later this week. our diplomatic correspondent paul adams is in calais. paul, good morning. thank you for coming on the programme. is that what we expect the french president to say, to ask for more assistance from the british side of the channel? i do not think we will hear that from president macron today, i think he would say if he is going to make those demands, he will save that for the meeting with theresa may at sandhurst on thursday. he is coming to calais to say he understands the concerns of the people of this town who have in recent times had to put up with this phenomenon of deal

whirlpool and whirlpool's robots might like it, but it might not help that american worker who doesn't paid more money, doesn't get his job back, and cannot afford a washing machine because it costs more. >> i like my whirlpool washer and dryer. >> there you go. i can't tell you what the brand on mine is, to be honest with you. john, thank you so much for watching. thank you for joining me. >>> that wraps us up. i'm stephanie ruhle. ali velshi in davos right now. "andrea mitchell reports" is here but andrea mitchell, overseas. she sat down with vice president mike pence this morning and the person in her seat is a very special host, my dear friend and colleague, steve kornacki. >>> good afternoon. right now on "andrea mitchell reports" cabinet confidential. for the first time, robert mueller reaching inside the white house cabinet, interviewing attorney general jeff sessions in the russia probe.

las vegas fans down slightly negative whirlpool slightly negative.e conditions of call, especially with whil pool, especially given what happened with tariffs that does it for "closing bell." >> >> "fast money" starts right now, live from the nasdaq market site overlooking new york city's times square i'm melissa lee. pete najarian, tim seymour, guy adami. >> hold on for dear life, it is heading to $30,000 this year. >>> as media deals heat up, lion's gate seems to be one of the hottest take over targets out there. michael burns will be here for a special game of deal or no

here we have whirlpool trading higher.nvestors chairing the fact that the company is adding 200 jobs --this after completing investors going after foreign competitors. the mexican peso a bit of a tariff reaction. this is a one month view, falling against the dollar -- excuse me, the dollar falling against the mexico peso. the dollar meet -- beating the mexican peso. be trump administration may -- a look ahead of what could be ahead for mexican manufactured goods and in overall picture. david: thanks so much. coming up, we will talk trade with jorge castaneda. live from new york, this is bloomberg. ♪ ♪ david: this is "bloomberg markets: balance of power." i'm david westin. shery: i'm shery ahn. let's get a check of the bloomberg first word news. mark crumpton has more. mark: jeff sessions was interviewed last week by special office.robert mueller's a justice department spokesman said sessions was question about possible russian meddling in the 2016 presidential election and whether president trump has obstructed justice sin

for whirlpool, washing machines are about 15% to 20% of their u.s. business. it's an unprofitable business to date so clearly, the tariffs, if they are effective, at least for a period of time, should be helpful for north american margins. it's not just, though, the tariffs that the call is predicated on. the company also has announced price increases throughout its category portfolio, and we think those are going to stick, too, at least near terme because of the industry wide cost pressures, at least until memorial day our call here is tactical near term, the north american margins are set up very nicely >> okay. lg announced yesterday it would be raising the price of its washers in the united states i think it was by $50 or some amount is the response by competitors going to be important to this call we know lg is raising price. if samsung does not, for instance, does that make whirlpool's advantage less >> yeah, it certainly wouldn't help if samsung did not announce price hikes, but remember, samsung, call it less than 20% of the industry, whereas pretty mu

whirlpool was gone. and now they are coming back. i just wrote something about border security. we want to do a great job with daca. happen.ing to over 10 or 12 years, if someone has done a great job, if they i think it isrd, a nice thing to have the become a citizen. >> on march the third you going to protect daca? chain migration, we are going to create a standard that is a good standard. we will have wives and husbands and sons and daughters. parents is a tricky situation because they came here illegally. brokentery system is a system. the lottery system gave us the killer on the west side. and nobody mentions the 10 people who lost their arms and legs. but he came from the lottery system. a lot of others came from chain migration. democrats knowe that the lottery system does not work. i am not going to say it yet, but we are going to take a look and we are going to treat people very well and solve a problem that is a very tough problem to solve. after we do daca, we will take a look at the even bigger immigration problem. >> what about the wall? president trump: i am going t

a complaint by ohio-based whirlpool in may kicked off a months long investigation by the international trade commission resulting in these tariffs. goiks estimates the price tag's shoppers fee could rise between 8 and 20%. a point raised by samsung and lg who say the move hurts customers and competition. both are planning to make more appliances in the u.s. samsung says its south carolina plant has already hired 600 workers. south carolina congressman mark sanford praised the samsung investment and says the tariffs are short sight and will cost american jobs, including 7,000 in the solar industry. customers outside the u.s. will pay 30% for parts they import. that declines over time. the catalyst for these tariffs, complaints from solar world and seen eva, which declared bankruptcy in august. while those companies may benefit, many in the industry will see costs increase. >> most of the industry is really going to struggle with this increased cost. they are going to try to figure out, are there still customers that want to buy solar if it's more expensive? are they still going to need

whirlpool and whirlpool's robots might like it, but it might not help that american worker who doesn't get paid more money, doesn't get his job back, and cannot afford a washing machine because it costs more. >> i like my whirlpool washer and dryer. >> there you go. i can't tell you what the brand on mine is, to be honest with you. john, thank you so much for watching. thank you for joining me. >>> that wraps us up. i'm stephanie ruhle. ali velshi in davos right now. "andrea mitchell reports" is here but andrea mitchell, overseas. she sat down with vice president mike pence this morning and the person in her seat is a very special host, my dear friend and colleague, steve kornacki. >>> good afternoon. right now on "andrea mitchell reports" cabinet confidential. for the first time, robert mueller reaching inside the white house cabinet, interviewing attorney general jeff sessions in the russia probe. he himself recused himself from leading it. >> there's a small number of these folks and mueller is going through them, as he moves towards interviewing the president. look, this could be a

whirlpool have sent us a statement on this saying their extensive campaign has achieved a resolutiondustry average for a product recall. maybe they are one of the better ones, i don't know. tel is about the new group. what will the website entail? it will be around the research, procedures, the body they will put in place that will bring clarity and formality to processes . bring clarity and formality to processes. they are going to engage the consumer which i think is the most important part. and not be worried that there is some kind of marketing. keeping the family say. generally make sure they are following best practice. 0k, kate, thank you to coming in. it sounds interesting. very important, although safety concerns. that is catch up with the weather. good morning. : after you? catch up with the weather. good morning. : afteryou? 0h, catch up with the weather. good morning. : afteryou? oh, wow. in the highlands, a bit sleepy. it's a bit extreme. got snow and ice. a bit ofa bit extreme. got snow and ice. a bit of a problem. this is where the cold air is sitting. the weather fron

so whirlpool likes this — much less so chinese or south korean manufacturers.outh korea's trade minister. our government is expressing regret for the latest us safeguard measures against our industry as they are excessive and would clearly violate the wto rules. we will actively respond to protectionist measures to protect the national interest and resolve the industry's difficulties. we've got the upside for the us. yogita limaye, new york explains the downside. whirlpool is among the companies that complained to the us international trade commission which find in their favour. international trade commission which find in theirfavour. today, president trump has approved these tariffs. what is the downside? let's look at the solar panel industry. one survey last year said that installation of solar power panels, thatis installation of solar power panels, that is one of the fastest growing jobs in america. there are many companies that do solar panel installation tear. if you can no longer import the number of solar panels, and people are saying that american ma

whirlpool says that is hurting jobs here. it is a industry specific country specific complaint and companies would have to file cases in order to try to get tariffs imposed. the interesting thing about the solar panels is it was filed by subsidiaries of the united states, one that is owned by the chinese and the other owned by the germans. it is understandable why china or south korea might be upset, but why are the europeans were rate? michael: i think you put your finger on it earlier, this is a concern about what happens to the global trading system. obviously there are german manufacturers who sell washing machines in the wash -- in the united states, but they could be jeopardized by higher prices on imports. the rest of the world, the europeans are watching where the trump administration is going with this because they don't want to see a threat to the global trading system, to the wto and there are fears that that is what we could end up with. the chinese to the u.s. to the imposed george w. bush similar tariffs and the

to the original installation and whirlpool apologized for the inconvenience and replaced the doublen with a new one. she says they contacted her one day after we got involved. >> thank you, harry for the entire nbc10 team for getting my double oven replaced. thank you for your response. her new double oven is working perfectly. the attorney general's office says most reputable companies may replace or refund if you can't get it to work. it's always a good idea to check the policy. >> we have gotten this amount of money back for you folks. >> call harry. you can check our website or call there. >> thanks, guys, your philadelphia eagles headed to the super bowl in case you haven't heard. our coverage is just getting started. >> several brand new stories coming up. don't jinx it. what they're doing with the billy penn statute on top of super bowl hall so they don't hurt the odds. >>> why last night's eagles game made one new jersey infant's birthday even more special. glenn. >>> we have thunderstorms rolling into our area tomorrow and how it will affect your work day. this winter in th

mps say the manufacturer whirlpool hasn't done enough to deal with defective tumble dryers which havebusiness committee said the response to the problem, discovered in 2015, had been woeful. our business correspondent, emma simpson reports. a flat in a tower block in west london engulfed in flames. the smoke rising more than ten stories. the blaze itself damaging five floors. it started in this property, and london fire brigade believe the cause was a faulty tumble dryer made by whirlpool. it has had a problem with defective and potentially dangerous tumble dryers since 2015, when it discovered a defect which could cause them to set fire. today, mps described whirlpool‘s attempts to fix things are slow and inadequate. their evidence was woeful. since 2004 they admit there have been 740 fires in homes caused by these tumble dryers, and yet still today, in 2018, there are a million of these tumble dryers in peoples homes. they need to take much stronger action to get those out of people's homes. her parliamentary committee has looked into the safety of electrical goods. among its recomm

has no announcement so far from samsung electronics on pricing but whirlpool in the us who complainedarnings and embraced the tariff saying it will boost demand for their washing machines. from now on, i'd must have to wash my own clothes... now let's brief you on some other business stories. the chief executive ofjp morgan has told the bbc it could cut its 16,000 uk workforce by more than a quarter if financial rules diverge after brexit. speaking in davos — jamie dimon said ‘more than aooo' jobs could go if brexit talks failed to produce an outcome close to the current arrangements. ford has reported lower than expected quarterly profits — blaming rising commodity costs and unfavourable currency exchange rates. it warned there was more pain to come this year because of higher raw material prices. the company has admitted it needs to improve its ‘fitness' — rival general motors gave wall street a more positive outlook last week. the number of foreigners visiting the us fell by 4% in the first seven months of 2017. is comes from the us national travel and tourism office. visitors from

"whirlpool is probably going to charge more for their products, and the samsung products that do come will be more expensive, this is going to raise prices across the board"not surprisingly, whirlpool is praising the president's decision.in a statement, the company says the tax increase will create a level playing field for u-s manufactures. both samsung and l-g say the president's decision is unfair and unnecessary. the companies manufacture most of their washers in china.and syracuse university economist mary lovely says the president decision will likely create new problems for u-s companies overseas. "rather soon, we'll see some form of retaliation from china, that will probably hit other products, and other workers"professor lovely says it's not clear which industry china may raise its import taxes on.but that's its possible consumers everywhere will feel the impact.in washington, i'm mark meredith. (grant) a problem in stanislaus county... after residents say racist stickers are showing up across the city of turlock. the latest was seen on a stop sign... making a political state

what are the numbers of whirlpool?orecast numbers were very disappointing in terms of earnings per share. much lower than the median forecast. but -- a bitut a of the bump they got with the announcement of the tariffs. betty: why were the number so disappointing here? >> it is challenging. after business is in north america, but there has been challenges in developing markets, which is a significant part of their business. betty: an obvious significant part, but in terms of tariffs, you mentioned they offset these are expecting to see the benefit for a longer term in some respects? reale benefits should be a factor for them going forward for quite some time. even if the tariff is challenged at wto, it is going to take time to play out, so we can expect whirlpool is going to see the and at of the tariffs, more level playing fields, which can help them capture more market share in their home market. bigy: of course, the question is a retaliation from lg and samsung. lauren, thank you for joining us. coming up next, years

whirlpool sees full-year eps from $14.50. $15.56.ensus was $15 >> i'd just did a word search and theriffs" not mentioned. next, he was once called the most popular politician on earth, but is it time for change for brazil's former president? he lost his appeal this afternoon against the corruption conviction and what likely be prevented from seeking election this year. we will have the latest. this is bloomberg. ♪ >> "what'd you miss?" court panel this afternoon upheld a corruption conviction against former brazilian president lula. it is a ruling that up ins the presidential race and complicates the political comeback of one of latin america's best-known figures. we are joined now by our son paolo bureau chief. shutdown the idea that lula will be part of the presidential race definitively. ? no, he is still in the race. no, he is still in the race. the judges were unanimous on the conviction and the prison term, said this limits the legal options he has to appeal this second verdict. the impressionr that people never really thought he had much of a chance in the first place to have

for whirlpool, we saw today with the tariff, their stock went up. depends on your point of view and where you are in the supply chain on nafta. liz: let's talk about the supply chain, and people when they see something stamped made in america, they need to understand the supply chain dynamics have really changed over the years. may have been assembled in america but many of the parts imported from other countries. >> yes. liz: i'm wondering what you see as the eventual problem here or the positive aspects of slapping tariffs of incoming parts, materials and goods. >> yeah, take the washing machine, for example, if the tariff is on finished product coming in, that's one thing. if they put it on components, that's a very different thing, even whirlpool, i would guess, i don't know for a fact. when i was in ge appliances, we brought a lot of product in from mabe, into the united states, gas ranges, et cetera. those were assembled. if you assemble them in the u.s. and get the burners and other things, it's very complex, not going to be that easy, but i

whirlpool loves the move. they announced 200 jobs that they're adding in ohio.ompeting with lg out of south korea. we made our way over to an lg machine. zoom in on the price. for lg, where it's $629.97. we've been told by t.c. richard officials that lg sent a memo that they're going to raise the prices by about $50. we'll show that on the screen and we have the price we told you about. that will be around $680, bringing the two close together. a couple of key points here, neil. they're not passing on all the costs. the tariffs on the first million plus was 20%. so in reality, an extra $130-something like that. they'll pass along part of that. $50. second key point, supposed to be temporary, three years. the real aim is to edge courage these companies, the lgs and the samsungs to make their products here. they wouldn't be subject to the tariff. that is already happening. samsung is building a plant down in south carolina. we'll see how this plays out. we see prices moving higher. >> neil: that's wild. so they'll absorb it for now but how long is anybody's guess.

she lets vida know what she needs, and they help in many ways, such as providing state-of-the-art whirlpoolp with physical therapy for people like this young man. he can barely walk because of a medical condition, so he can't work. vida's executive director in peru, olga baca, helped arrange transportation to get up to peru niñez in a vida truck so he can get therapy and get his life back. ♪ adam see is the executive director of vida usa, which is based in emeryville, california. >> everything has never been used, with the exception of the equipment. the equipment is lightly used. if it's broken, we don't use it. >> vida collects surplus medical equipment and supplies that would have been thrown away. major donors include stanford and kaiser. >> they don't want it to go in the landfill, so they have big green initiatives. they're counting how much tonnage do they -- that they're not sending to the landfill. >> vida usa volunteers sort and catalog thousands of donated items, which are then shipped to lima in containers. >> we shipped 60 40-foot containers last year. a 40-foot container costs

start to decrease over time the tariffs are a result of complains by companies in these industries, whirlpool, and suniva and solar world in the solar industry the issues were studied for much of 2017, and president trump and his top trade official, ambassador robert ligeithiser it's not wow backlash, companies say prices will go up, will hurt competition and ultimately the consumer will breer the brunt, but gop lawmakers are pushing back as well i want to show you a quote from republican senator from new hampshire -- nebraska ben sasse. tariffs are taxes on families. moms and dads shopping on a budgets for a new washing machine will may for this. you don't fix eight years of bad energy policy with with bad trade policy these relatively low-hanging fruit, but we'll see if this is a precursor for more we'll hear from the president later on this hour guys, back to you. >> thank you, kayla. >>> is there a rick of retaliation? let's bring in larry kudlow, libby cantrell is head of public policy at pimco. welcome to both of you larry, you go first you are a free trader, also a fair trade. >> it's

on sheriwisherwin-williams they have been able to dump those machines it would be terrific to see whirlpoolle to have a leg up against competition >> you were tweeting this morning about morgan stanley have been busy looking at chips and raising their estimates on smd by 10% >> doctor sue, come on now talk about this they say a secondary play is on n nvidia amd got some financial with a bar partner. i continue to like nvidia, they have machine learning. gaming is so huge in this country. we have not talked about it enough for the most part, people game and that's what they do and they go to wing stop. >> nice number today you mentioned facebook and the charitable trust getting large within the portfolios. >> is nvidia the same story? >> no. i thought jensen wong. now, another guy he's kind of a rock star he's a rock star among customers. sometimes it is better >> yep >> travelers had a 40% move at the open settled down just a touch now. >> when you look at travelers and think of the catastrophe they had to deal with. think about how many checks they had to write and look at this company. wh

that is the issue we have here with whirlpool, they can't locate all the purchases of those products.badly photocopied in the back of a box somewhere. but if we can understand as customers that it is part of our job to inform people we have these products, plus the retailers who have details as registered and then also help these charities and all the different groups, even trading standards pulled together an effort to get product information out there when there are faults better. if we can stop that altogether by better work and practices... let me read whirlpool‘s response. they say they have a whirlpool‘s response. they say they havea campaign whirlpool‘s response. they say they have a campaign out there and have achieved a resolution rate of more than three times the industry average. we don't have long but what do you hope the new database will achieve, what can you do on this database cluster achieve, what can you do on this data base cluster map achieve, what can you do on this database cluster map they think it's good because it is above industry standards. what it means is

. >> reporter: it suggests recipes that are that sent directly to a new smart whirlpool oven that preheats on its own and tells you exactly what to do. >> we want people to enjoy cooking again and feel like they can do it. >> reporter: the stuff of science fiction now rolling into reality. jo ling kent, nbc news, las vegas. >>> still ahead, be careful the next time you type in that web address. how scam artists can use your own typos to rip you off, and what you should be doing to protect yourself. >>> also, a new alert for men about a very common painkiller. we'll tell you more about it. >>> we're back now with a new warning about something just about every one of us has done. you're on the web, you type in that address, but you accidentally mistype a letter here and a letter there, and who knows where you end up? sometimes you end up on a page that looks like what you were looking for, but, in fact, it's set up by thieves looking to take your money. nbc's tom costello has extensively covered the hacking of america for us and has the latest alert. >> reporter: we've all done it. mistyped

american-based whirlpool supports the move citing unfair competition from south korea. >>> tonight an emergency order from the tsa, the agency is requiring additional screening of cargo. it applies to non-stop cargo and passenger flights to the u.s. from these seven airports in five middle eastern countries. tsa says there's been demonstrated intent by terrorist groups to attack aviation. >> you don't put an emergency order in unless you have real- time information suggesting there's a current threat. >> now they are required to tell tsa and customs where a package is coming from, who sent it, how it was sent, where it's going, and its contents. tsa says there is no new threat. >>> bill cosby back on stage tonight. his first public performance since the alleged sex scandal surfaced. veronica de la cruz shows us. >> reporter: bill cosby said he returned to the spotlight tonight because he wanted to enjoy being with his friends and the people who turned out to see him. the 80-year-old entertainer performed at this jazz club in his hometown philadelphia. he wore a gray hoodie that said h

. >> heading the other way, whirlpool upgraded to outperform from market perform at raymond james. the firm notes the prospects for price hikes and improved washer margins. the shares agitated closer to the mark closing at $189.97 up 1.5% on the session today. kb home was upgraded to neutral from underperform at buckingham the firm sites the decline in the stock and says kb is on track to meet or exceed its 2019 goals. it maintains a $34 price target but shares closed below that level, down nearly 2% at $33.16. >> still ahead, why wynn resorts lost billions in market value in today's trading in just a matter of hours. >>> a surprise ruling against boeing. the international trade commission voted in favor of canada's bombardier in an ongoing trade dispute. the commission ruled boeing was not harmed by bombardier and its c series jet. bombardier argued that boeing benefitted from bailout subsidies and allowed them to sell to delta at ridiculously low prices. >>> new york, noij, and connecticut are triple teaming up to sue the federal government. the states challenging the recently pa

whirlpool is expected to report an increase in revenue.from the latest tariffs imposed on washing the genes in the us. there will be interested to find outjust how much the company thinks it could gain. joining us is james hughes, chief carket mnalyst at axi trader. good to see you. sup of the dollar doing really interesting things — what is your take on what we're seeing? we're seeing some real big moves. the overall dollar index, which isn't paired against other currencies, saw its biggest fall for three years. so that is a big, big move. dollar weakness has been almost a hallmark of donald trump's presidency. we all talk about the upside that we have seen in equity markets and the dowjones hitting new landmarks pretty much every day, but the us dollar has been particularly weak. if you couple that with the fact that we've had slightly better stories out of the uk over brexit, that is why you can see sterling flying above 1.40 against the dollar. stories out of europe as well, and we have seen the bank ofjapan, all positive for their cur

international trade commission, whirlpool chairman is applauding the move but the founder of solar panelsshooting ourselves in a foot. is this a beginning of new round of tariffs coming out of the u.s.? >> you are seeing the president's america first agenda put to place here. he was vocal on the campaign trail about he's for free and open trade but that trade needs to be fair and reciprocal. what you see with the trade actions was that back in june the uscr opened an investigation basically looking at the washer situation, what lg and samsung were doing and they determined and brought a recommendation to the president that they, indeed, were caught in antidumping clauses, they were overmanufacturing mÉxico, they moved plants to china and then to vietnam and unfair to whirlpool. we immediately saw lg and samsung announce they are building new plants in america, new manufacturing plants in america and we welcome that and we also saw with whirlpool yesterday announcing 200 new jobs in ohio facility and we expect more investment from them to come. this president is pro-american and pro-americ

manufacturers like whirlpool. a 30% tariff on imported solar panels is a huge blow for china.critics also claim though the tariff could hurt american workers because most u.s. jobs in the solar industry are in installation and not manufacturing. >>> there appears to be more turmoil inside the justice department and fbi after word that the director of the fbi christopher wray threatened to resign amid pressure from attorney general jeff sessions. the website axios reports that sessions, at the urging of president trump, tried to get wray to fire deputy fbi director andrew mccabe. now, sources say wray threatened to step down if mccabe was removed. and sessions reportedly backed off fearing a backlash. >>> five workers are missing after a powerful explosion ripped through a gas drilling rig in oklahoma. at one point, everything at the site was on fire. at least 0 worker were at the rig when the explosion started. most were rescued. investigators are hoping some of the missing escaped into the surrounding woods. >>> the family of a kansas man fatally shot by a police sniper at th

whirlpool is up 2% at 171.executive says he has got no regrets for firing the employee who wrote that memo criticizing google's diversity policies. joining us is the author of that memo, james damore. what is your reaction to the google guy saying he would fire you all over again? >> well, as we both know, you can't really trust the company's public response especially when they're being sued. do i think they regret firing me? of course. most google employees and americans when they were polled disagreed with the firing and it really, exposed the internal toxic political culture that is at google. stuart: let's remind our viewers you were fired because you wrote a memo criticizing the company because it excluded conservatives, and isolated conservatives. that is the bottom line here, right? >> yeah. and also criticized some of their illegal practice. so common sentiment while it was circulating was that, finally the discussion was being had but once they fired me, that just silenced everything. so in that case

. >> reporter: it suggests recipes are that sent directly to a new smart whirlpool ovent exactly what to do. >> we want people to enjoy cooking again and feel like they can do it. >> reporter: the stuff of science fiction now rolling into reality. jo ling kent, nbc news, las vegas. >>> still ahead, be careful the next time you type in that web address. how scam artists can use your own typos to rip you off, and what you should be doing to protect yourself. >>> a new alert for men about a common painkiller. we'll tell you more about it. over the years, paul and i have met regularly with our ameriprise advisor. we plan for everything from retirement to college savings. giving us the ability to add on for an important member of our family. welcome home mom. with the right financial advisor, life can be brilliant. my dbut now, i take used tometamucil every day.sh so i feel lighter. try metamucil, and begin to feel what lighter feels like. nick was born to move. 3 toddlers won't stop him. and neither will lower back pain. because at a

are among those that will be slapped with 20% tariffs that leapt u.will help manufacturers like whirlpooltariff could hurt american workers because most u.s. jobs? the solar industry are in installation and not manufacturing. >>> there appears to be more turmoil inside the justice department and fbi after word that the director of the fbi christopher wray threatened to resign amid pressure from attorney general jeff sessions. now, the website axios reports that they tried to get wray to fire andrew mccabe. wray threatened to step down if mccabe was removed and sessions backed off. >>> tougher rules now in place to keep terrorists from getting a bomb on board a plane bound for the u.s. it requires data to be submitted for cargo packed on to flights from saudi arabia, egypt, jordan, qatar and the united arab emirates. no specific threat but a failed plot to bring a bomb onto a jetliner last year reminded them that cargo is a target. >>> a man from michigan is under arrest. court documents accuse him of planning a mass shooting at cnn headquarters in atlanta. the man made repeated calls to t

. >> reporter: it suggests recipes that are sent directly to a new smart whirlpool oven that preheatsells you exactly what to do. >> we want people to enjoy cooking again and feel like they can do it. >> reporter: the stuff of science fiction now rolling into reality. jo ling kent, nbc news las vegas. >> phones, tablets and robot. >> all done, future. here we are. all right. with the winter olympics one month away, one skater is already gliding into the history books. erin jackson is the first black woman to make a u.s. olympic long track speed skating team. she finished third in the women's 500 meters at the u.s. speed skating trials in milwaukee. on friday, but if that's not impressive enough, the 25-year-old has only been training on ice for four months. yeah, the florida native was an in line speed skater for 15 years before switching to ice. >> you can do anything. >> impressive. >> i'm frances rivera. >> i'm phillip mena. >>> right now at 4:30, we continue to be under a micro climate weather alert. a live look outside san francisco and fremont. the roads are going to be slick. t

manufactures like whirlpool.o if you're looking for a washer let's say from lg you were saying maybe? as of today it could be 50% more more after this. and then you totaled him. you two had been through everything together. two boyfriends, three jobs... you're like nothing can replace brad. then liberty mutual calls... and you break into your happy dance. if you sign up for better car replacement™, we'll pay for a car that's a model year newer with 15,000 fewer miles than your old one. liberty stands with you™. liberty mutual insurance. . . . . neil: this idea we're maybe getting that a trade are war with the chinese and south koreans is too soon to tell. we are getting information from tape fed to us from the white house where the president we're told is talking about this jeff sessions talking to the special counsel robert mueller. not concerned about that. of course it got into this whole idea whether this was back and forth on trade. that could undo these markets f that is a fear the markets have funny way of

in recent years, there have been notable product recalls such as the samsung galaxy note and some whirlpoolhomes. the new office for product safety and standards will primarily cover electrical or white goods, like washing machines or fridges. it will have a panel of experts to help decide whether a minor or local issue requires a national recall, and it will ensure that imported goods from the eu will be properly checked once the uk leaves next year. what this new body will do is ti will ensure that the know—how what this new body will do is is will ensure that the know—how and the technical expertise is available to prevent any delays and keep the public as safe as possible. hundreds of electrical products are recalled in britain every year. this new agency hopes to prevent these kinds of incidents. joe lynam, bbc news. pope francis has celebrated a huge outdoor mass in peru‘s northwest coastal region of trujillo, which was badly hit by floods last year leaving hundreds of thousands of people homeless. from there he headed to lima — the final stop on his week—long south american tour. tim

president, spiking whirlpool. i think it is too early to crown individual leaders with retailers outside. dollar tree, dollar general, they stand out because they can beat amazon on price i am going to throw in costco and you may have all you need. thin inventories and a nonpromotional background to retail, vf corp. meanwhile, the consumer strength is spreading to the experiential we have shortages all over the place both in terms of investing opportunities and the shear quantities of stock that have been brought back. did you see that quarter from wynn today plethora of younger people who discovered the cruises and they make great background for yes, the insta rattos, the instagram people who can't stop taking pictures again, for the experience, for the selfie you need he ise lauder to make the stock work speaking of surprises, we have been seeing remarkable resurgence in our machinery, our manufacturing and commodity and resources. we have so many cycles going on, it is hard to catch them all write them down, fi

whirlpool saw revenue come in slightly better than expected. but the sore spot, asia.y can't get in there. financials were the best performing s & p sector as money continues to rotate out of tech into goldman sachs and aig. while energy stocks were flat, part of this oil move is trading related. but another part reflects confidence in global demand. and confidence that producer will continue to act smart. tomorrow morning keep an eye on caterpillar. today they released a monthly retail machine report. but for me, it underscores my investment piece i have been telling you about for the last year. u.s. manufacturing remember san antonio is on. after negative year to year sales, and in september we saw a 23% climb in north america alone. you must own more than tech names. it's oh ski to take profits and even a loss, but only if the fundamentals have changed. otherwise ride out the air pockets. prison reform gaining serious momentum thanks to president trump and conservatives. we may get something done. whoooo. when it comes to travel, i sweat the details. late checkout..

whirlpool has accused companies selling machines below market value. samsung warns it could lead to higher prices. the commerce industry blasted the decision. it harms the global trade environment. it could also put american jobs at risk. in the u.s. most solar jobs involve installation and not manufacturing. this makes installation more expensive. that threatens tens of thousands of jobs for people in the united states installing them. >>> nafta negotiations continue this week. from what we hear they are not going well. >> five rounds of talks. all have yielded nothing. the sixth round could result in the u.s. pulling out. >> massively impactful for the economy. >>> ahead, neil diamond has played his last show. the stunning announcement overnight. find out why next. ♪ seem so good i'm only in s. i' a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical

the folks in ohio work for whirlpool, but the folks in south carolina work for samsung, now they have a problem. the solar power plants love the tariffs, but the people who install the panels don't like it because sales will go down. tariffs are about robbing peter to pay paul. and peter and paul live in the same country. you are not helping people on net. you are when you reduce regulations and taxes. but you aren't when you impose tariffs. don't get in the way of that by throwing all this tariff nonsense in there. that's capturing the headlines instead of tax cuts. kennedy: brian, great to hear your point of view. first they went after your smoke and fifth of vodka. that wasn't good enough. so they want to hit your big gulp. now the tax tyrants want your burgers, steaks and bacon. the great emperor penguin migration. trekking a hundred miles inland to their breeding grounds. except for these two fellows. this time next year, we're gonna be sitting on an egg. i think we're getting close! make a u-turn... u-turn? recalculating... man, we are never gonna breed. just give it a second. y

if you're a company making washing machines like whirlpool you can make more. your product is more economically competitive in the marketed place. those coming in from outside of the country will cost more. we may add extra shifts for workers and the same with solar panels. american makers will be highly competitive. >> if you're a consumer and buying the goods you may have higher prices. that could happen. what is more, this could also add to inflation for the general economy. not a good thing. that may pick up prices for everyone involved. it's interesting when you dig into this. different people in different parts of the industry right here in the u.s. disagree whether this is good or not. >> dana: i read that the governor of south carolina said he was disappointed. samsung has a manufacturing facility in south carolina with 600 employees. they were planning up to a thousand by to 20. the2020.this is hitting the idef adding more employees. >> yes. china came to dominate the marketplace. the government got behind them with $47 billion -- >> dana: environmenta

the folks in ohio work for whirlpool, but the folks in south carolina work for samsung, now they have problem. the solar power plants love the tariffs, but the people who install the panels don't like it because sales will go down. tariffs are about robbing peter to pay paul. and peter and paul live in the same country. you are not helping people on net. you are when you reduce regulations and taxes. but you aren't when you impose tariffs. don't get in the way of that by throwing all this tariff nonsense in there. that's capturing the headlines instead of tax cuts. kennedy: brian, great to hear your point of view. first they went after your smoke and fifth of vodka. that wasn't good enough. so they want to hit your big gulp. now the tax tyrants want your burgers, steaks and bacon. your brain changes as you get older. but prevagen helps your brain with an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. every truck guy has their own way of conveying powerful. yeeaaahhh boy. kind o