Detailed text transcripts for TV channel - CNN - 20181101:09:49:00
Better than expected earnings helped stocks on wednesday. gm surged 9% on the earnings beat. there's other gm news. despite the earnings, gm offering buyouts to more than one-third of the workers in the u.s. as it transitions to self driving vehicles. gm employees who have worked for 12 or more years, about 18,000 of the 50,000 salaried staff in the u.s., will get the offer. gm is dealing with higher costs on steel and aluminum which raised costs $300 million in the third quarter. wework is starting to curb the beer consumption at the new york city members. testing new rules on the free beer...