Detroiters, House Judiciary Committee, Governor Gretchen Whitmer discussed on Newsradio 950 WWJ 24 Hour News
To move forward with plans to build a new one point six billion dollar assembly plant on Detroit's eastside. Fayette Chrysler expects to add thousands of new jobs. Mostly on the assembly line. Governor Gretchen Whitmer says it is great news for the entire state jobs. We'll have a sweeping ripple effect throughout our economy. It will strengthen our economy and working families will benefit across Michigan. If he had Christ they're getting tax breaks and two hundred fifteen acres of Jason Detroit land that the city had to acquire. There'd been a lot of. Questions about the new plan deal. It's land, swaps, including with the Maroons who will receive over forty million dollars in over one hundred acres of land. Another concern, how many jobs will actually go to Detroiters. Tom lewanda the Detroit economic growth corporation says there are no hard numbers for that company's advocated for one month to say we will take all the applications you have. So what we're doing to prepare for that is starting with the most unprecedented number of job fairs and recruitment efforts throughout the city that will start in about a month, and, and continue on for about six or seven months. Lewan says it was the best the city could get to prevent the plant from going elsewhere. On Wall Street markets closed higher today, the Dow Jones industrials gaining one hundred ninety seven points as w w j business editor Murray Feldman, says to beaten up auto suppliers have different outlooks. Thirty six percent of the past twelve months, but one analyst today, predicting it should gain almost all of that back in the next year and other analysts earn thumbs down on Lear today at the close. It's up thirty seven cents. Auto supplier, hit another new low now. It's about six in a row. It's at forty eight dollars. Eighty seven cents a share down almost one percent. They missed estimates last month lowered full your expectations. Analysts have been bailing on the stock. We'll have another check of your money at five fifty five with Bloomberg business ranking Republican on the House Judiciary committee, Representative Doug Collins says Democrats are trying desperately to make something out of nothing. He spoke at a hearing today, where the panel's chairman, Representative Jerrold Nadler, issued a stern warning that former White House counsel, Don Mcgann would be held in contempt for defying a congressional subpoena and failing to appear before the committee, Mcgann was a key witness in special counsel, Robert Muller's Russia investigation. Members of congress also receiving a briefing from the Trump administration today regarding. Heightened tensions with Iran. More from CBS news. Correspondent Bill recall, we walked through our efforts and our ultimate objective over the past days, which has been into deterrent. Secretary of state. Mike Pompeo and acting Defense Secretary Patrick Shanahan met with members of both the house and Senate today to lay out the administration's thinking on Iran. Senator Lindsey Graham is on board. And hoping.