, of course, the company that harland and wolff, of course, the company itiat harland and wolff, of coursey it will make us he also says it will make us more reliant on importing power from europe, and will impact upwardly on bills. joe phillips, just what do we think we're doing to ourselves? >> well, edf have keep coming out with these things and they did it actually a few months ago. also it doesn't mean they're wrong. no, it doesn't mean they're wrong. but they are pushing their own agenda. i think one always has to look at where a story comes from and where a story comes from and where it is placed. and this was actually, funnily enough, at the conservative conference. it was an event that edf were sponsoring, and what they're saying is that they can't meet the aims by 2030 because we won't have enough alternative. i mean, you know , there are mean, you know, there are several things here. one is, i suppose, on a sort of well, for the people of port talbot , it's the people of port talbot, it's an absolute disaster. it's ghastly, you know, 2000 people are losing their jobs. some of ar

harland wolff in belfast. this meant, of course, a lot to the people there and a lot of pride, of course, went into building these ships. they were extremely proud of it. the photo of the propellers this is actually not the titanic. no, but it's the same the same type of propellers. so therefore, it really shows vividly what the what they were like. they weighed about a hundred tonnes together. and one can actually see the rather that weighed 101 tons as well. so these were very, very big. and the ship itself was very big. the engines weighed about. 1000 tonnes each. and they had two engines and a turbine when combined with these two engines. so all in all, it was massive. it was very big. the engines were four floors high. for example. so she was as tall as the skyscraper, 11 decks, 46,000 tonnes. of course, today we have much, much larger ships, but in those days, in 1912, she was at the center at the top of everything. she was the largest manmade object ever made in the world. here you can see a life size r

we appreciate it ceo michael wolff. coming up, what the tsmc u.s.r the rest of the u.s. chip industry and investment bringing supply home. bloomberg technology. and silver. i got the brochure from u.s. money reserve, and that's when i decided i can make more money with this than i could of leaving it in the bank, because if i put 20 grand of paper in there and i had 20 grand of gold, a paper ain't going to make me any money. so i just bought it because it's my insurance policy. if you'd like to learn more about why physical gold should be an important part of your portfolio, pick up the phone and call to receive the complete guide to buying gold, which will provide you with important, never seen before facts you should know about making gold purchases u.s. money reserve is one of the most dependable gold distributors in america. caroline: today's big story. tsmc chip fields in the u.s.. what it means for american chip manufacturing at large. let's bring in bloomberg intelligent senior analyst mandeep singh. tsmc is getting superior yields even to wh

prices, all of that just a i'm going to keep returning to this story in the week that harland and wolffhe company that made the titanic, have announced they're going into administration this the week in which the last coal fired power station in britain has been closed down. this the week in which 2000 people are losing their jobs down at port talbot. as we effectively ceased to be a producer of primary steel, but very happy for tata to move to the production to india. and we've seen it, we've seen it with aluminium refineries, we've seen it with chemical plants. the country is going through an industrial massacre and it's all completely self—inflicted because of government policies aimed at net zero, which have given us the most expensive electricity in the world. we are paying consumers and businesses 74% more for our electricity than the americans , 32% more for our the americans, 32% more for our electricity than the french. and yet there's more to come. as a senior edf boss warns that ed miliband's rapid move away from fossil fuels to renewables leaves us at risk of shortfalls. he

billion mayor todayo wolff joi joins us. >>> and jon gray coo jnsoi us and robinhood ceo vlad tenev.e it easy with opendoor. sell your home in any season, for any reason. [vampire hiss] (vo) start your move at opendoor.com. >>> it is just before 8:00 a.m. on the east coast and you are watching "squawk box" right here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. among today's top stories, elon musk has reportedly tapped close confidant amiant to lead tesla. this as shares slumped and demand for vshevs declined. >>> meta laying off people including instagram and reality raps. >>> and raytheon agreed to pay more than $950 million to settle doj probes into foreign bribery and export control fraud. raytheon is also paying more than $124 million to settle s.e.c. charges it violated the foreign corrupt practices act. >>> dom chu with a look at this morning's free market movers. >> joe, becky, andrew, kicks things off with a mover and dow component travelers up almost 6% in the pre-market trade after posting a nearly threefold jump in third quarter profits. a beat o

. >> wolff, steve contorno, thanks very much for that update. appreciate it very much. jd vance's remarks, maybe adding fuel to kamala harris's line of attack against donald trump in pennsylvania today seem to have danny freeman has the latest on the presidential race with 20 days to go. >> tonight, democratic presidential nominee kamala harris on the trail in battleground pennsylvania, rallying moderate republicans, making the case that former president donald trump is a threat to democracy. >> he who violated the oath to uphold the constitution of the united states and make no mistake. >> he who, if given the chance, we'll violate it again oh, wow, rarely against trump, who during a fox news town hall declared he is the father of ivf i'm the father of we really are the party for ivf. >> we want fertilization and it's all the way. and the democrats tried to attack us on it. >> i found it to be quite bizarre, actually called himself the father of ivf and if what he meant is taking responsibility, wilson yeah, he should take responsibility for the fact that one in three

i'm joined, of course, by esther krakue, stephen wolff and jonathan liz, stephen, i'll start with youthis escalates as it inevitably will, do you think we're going to be asked to take in a load more refugees from the middle east? >> well, i think we have already got a substantial number of refugees that are coming across from different parts of the world. we have we saw what happened with syria, where we had roughly around 3 to 4 million people left that country, and across different places. i wouldn't be surprised if we start to see particularly the pressure in lebanon for people to try and escape from there. i wouldn't be surprised if those in syria start to get worried again, because if israel starts to go up and we see this escalate, as i anticipate it will, i think this is part of a long term plan to get iran and to also nullify syria. i think there will be an expansion, whether it will be this week or whether it will be this week or whether it will be this week or whether it will be over the next coming weeks, i think so, but as a consequence of that, whenever you get human trag

harland and wolff, of course, in very, very big trouble in a part of the world that you know very welle primary reason for this deindustrialisation is our energy prices are too high and i think both parties are completely out of touch with the pubuc completely out of touch with the public on this. do we want to save the planet? yes. but do you know what? we can't do it if the others go on burning lots of cars. cdl’s. >> cars. >> i could talk to you about so many things and i want to keep going. but i have to ask you, are you going to the states for the election? and is trump toast? >> i'll be there on the night of november 5th, but i'm going to be involved in some campaigning. >> no, because i become an mp. >> no, because i become an mp. >> so my priorities have had to shift and change for obvious reasons. i've got a constituency to represent in clacton etc. so thatis to represent in clacton etc. so that is now my priority. i spoke to trump on the phone, two weeks ago. he, i mean, clearly, you know, however tough he may look in to public have two near assassination attempts in the spac

denver broncos erica wolff. there he is. you are one big guy.years in the nfl with your team. he was a winner. we have a great political person and congressman from texas wesley hunt. and a woman who is unbelievable. it was a surprise endorsement. she believed in what we were saying. when i came down the escalator and made my statements, everybody said, how terrible were those statements. turned out they were minor. little minor statements by comparison. she got it better than everybody and endorsed us very early when it was not the same to do. from alaska, the great sarah palin. thank you, sarah. with the help of everybody here today, 25 days from now, think of it. 25 days. we are going to defeat kamala harris. who has no clue what is going on, i have to say. did you see she did a town hall yesterday and used a teleprompter. you don't use teleprompters. we don't use teleprompters, period. no, she is not the right person for this country or any country. very simply we will make america great again. i have been waiting for this day. i have been r

wolff. what do you make of it? yes, i think michael— wolff. what do you make of it?? yes, i think michael is right. _ wolff. what do you make of it? yes, i think michael is right. this election— i think michael is right. this election is different for a few reasons _ election is different for a few reasons. donald trump is running to return— reasons. donald trump is running to return to _ reasons. donald trump is running to return to the — reasons. donald trump is running to return to the white house and i think_ return to the white house and i think something that is key in this campaign — think something that is key in this campaign cycle that is unprecedented is that— campaign cycle that is unprecedented is that donald trump has instructed his campaign to build a very large network— his campaign to build a very large network of— his campaign to build a very large network of opinion poll workers and pole watchers. this is 200,000 people — pole watchers. this is 200,000 people across the country, primarily in the _ people across the country, primarily in the battleg