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June 20, 2024
Im in tofor Tyler Mathisen aga. We begin tonight with General Motors and its widening safety crisis. The automaker stunned consumers and investors today announcing another huge recall and this one involves more fatalities. Gm is recalling over eight million vehicles, all in the u. S. , after defective parts linked to another three crashrelated fatalities. Now this brings the total number of recalls to 28 million vehicles worldwide. Just for this year. Now on top of that, gm also said it would in...
June 20, 2024
Motors and its widening safety crisis. The automaker stunned consumers and investors today announcing another huge recall and this one involves more fatalities. Gm is recalling over eight million vehicles, all in the u. S. , after defective parts linked to another three crashrelated fatalities. Now this brings the total number of recalls to 28 million vehicles worldwide. Just for this year. Now on top of that, gm also said it would increase the Second Quarter charge to earnings to 1. 2 billion t...
June 19, 2024
Consecutive month. A Nobel Prize Winning Economist Says hes worried about the rally and investors could be taking that to heart as the dow pauses after 17 k. Buying a swiss Food Ingredients producer for 3 billion. Apple hiring away from tag heuer. And higher in the premarket once again as options on the Company Shares kick off trading today. First up, wall street hoping for more stock market history this week after the dow hit 17,000 on thursday for first time ever. As for the s p, now within 15...
June 19, 2024
Blowout number out of manufacturing out of germany this morning. Twitter set to price tonight, begin trading tomorrow. Right behind us here at post nine. Tesla shares, theyre skidding today after vehicles delivered missed expectations. Earnings and revenues did come in ahead of consensus. Abercrombie and finch posting a seventh consecutive quarterly drop in guidance. Our guest says he knows who the next microsoft ceo will be. And twitter will expect it sell 70 million shares between 23 and 25 ea...
June 19, 2024
And Valeant Pharmaceuticals teaming up for allergan. Well explain. Novartis unveiling a Restructuring Plan amid a flurry of deals involving glaxo and lily totalling 28. 5 billion. Netflix says it will raise prices for subscribers as the jump in earnings pushes the shares in premarket and slew of dow components reporting, mcdonalds, United Technologies, we have it covered. Shares of allergan are surging as we said bill ackman backing pharmaceutical bid to acquire the maker of botox, valeant offer...
June 19, 2024
Forecast. That sent shares down by more than 20 . And president obama seek toes jump start his agenda pep told lawmakers hes eager to work with them, but hell go around them to get things done. And america does not stand still and neither do i. Wherever and whenever, i can take steps to expand opportunities for more american families, thats what im going to do. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. All right. Warm welcome to todays show. W...
June 19, 2024
Equipment supplier disappoints with weak Second Quarter earnings. The market also waiting for nokia numbers with the hand setmaker expected to confirm that losses have narrowed. And its decision day for dell as shareholders are set to vote on the companys buyout offer. Carl icahn who is leading the bid against the deal got the last word right here on cnbc. Ive never seen one as bad as this. I really mean it. Ive never seen anything where they actually go out and they scare their own shareholders...
June 19, 2024
Reporter this place is normally opened until 2 00 a. M. Whether what happening inside here was gambling or not, investigators want it to stop. This internet cafe in concord was so busy no one said a word to us when we walked in so we waited in line to speak to a manager. What kind of business are you running here. You know what, i really cant talk to you right now. Reporter she later explained that people pay for internet use. But near by businesses say theyve been the biggest losers since the i...
June 19, 2024
Docket. May be seven. Well find out more in a few minutes. Watch bonds today. Investors pulled 4 billion from treasury funds in the weekended wednesday. Youre going to hear more great rotation talk today. Road map begins with blackberry open to the idea of going private. Also, priceline beating expectations and the shares approaching new highs, not seen since the dotcom era. Its shark week on wall street as our our guest likes to say. Hedge funder bill ackman pushes jcpenney to push up its searc...
June 19, 2024
The fed, maria. He didnt indicate theres a compromise coming in the fall on the budget. Two big things. He listened to the squawking from the u. S. Allies and Many Democrats over government eavesdropping. The other thing that stood out to me was how passionate he was about his Health Reform bill. Anybody who thinks obamacare may not start on october 1, i think, is mistaken. Okay. Amy walter, the political report, your thoughts . I think one of the big takeaways is going to be on healthcare. Look...