17 Burst results for "Bloomberg Detroit Bureau"

"bloomberg detroit bureau" Discussed on WTOP

WTOP

01:38 min | 8 months ago

"bloomberg detroit bureau" Discussed on WTOP

"As radical plan as this sources tell Bloomberg. The GM is working on at least one new electric crossover vehicle that would carry the Corvette nameplate with the design inspired by the iconic ride for Mr and Mrs America, in a carefree moved how far GM goes with Corvette remains to be seen. Bloomberg Detroit bureau chief David Wealth says GM is taking its cue in part from Ford's expansion of the Mustang named Plates to include It's alive. To cross over Mustang Maki once four did it. General Motors may have seen that. Okay, maybe you can literally and figuratively stretch Corvette and make it something else. Love says. If a new electric crossover does ultimately join the Corvette lineup, it likely won't be until 2025 for the open road on the country by way from the Bloomberg News Room. I'm Andrew Rodeo on w T O P We have traffic and weather coming up. Next. Did 7 26 George Wallace here and it's January. We've made it to the new year. You know what that means? It's colds, and it's playoff time in the NFL. You know how hard it is to get into the playoffs in the NFL. How about for Washington going from two and seven to the playoffs with a coach battling cancer and a quarterback who had 17 operations on his leg? That's hard. But you know what isn't getting a new roof from new Look home design. You don't believe me. Ask the over 40,000 people who have trusted new look New Look. Home design offers both virtual and on site. Same day estimates and the cold weather is not a problem because they have a special winter installation process to ensure shingles are sealed and type and they install most routes in a single day. And if that's not enough, how about this through.

Bloomberg Corvette General Motors NFL Mustang Maki Mrs America bureau chief Detroit Ford David Wealth Andrew Rodeo George Wallace Washington
"bloomberg detroit bureau" Discussed on Newsradio 1200 WOAI

Newsradio 1200 WOAI

01:58 min | 10 months ago

"bloomberg detroit bureau" Discussed on Newsradio 1200 WOAI

"Each year. Oxford Dictionary chooses a word of the year. But 2020 has been a year like no others. So this year they chose dozens instead. Matt Matt Johnson reports. That's why Oxford Dictionary picked dozens, calling this an unprecedented year terms relating to the pandemic dominated, including Corona virus, lockdown, social distancing, reopening and super spreader. Also making the list bushfire impeachment acquittal. Black lives matter, Malin canceled Culture and Net zero. Last year's word of the year was climate emergency and toxic was chosen in 2018. A federal appeals court says Texas has the right to exclude Planned Parenthood from its Medicaid program, The U. S Fifth Circuit Court of Appeals ruled in favor of state officials who removed the abortion provider from the medical program for low income people. In making its decision the state had drawn upon a video created by pro life advocates and 2015 that showed Planned Parenthood officials selling fetal tissue. A lower court had blocked the state's action in 2017, but the fifth Circuit ruled that overruled that decision. Wook I news time is 706 time for a check on your money and the world of business With the Bloomberg News Desk. One day you're online orders might arrive by car with no driver behind the wheel. Wal Mart is teaming up with G. M's self driving unit Cruise to test autonomous delivery. Bloomberg Detroit bureau chief David Welch. Carl Just drive up. And the receiver of the package can go out and get their stuff. The driverless deliveries will start small. You're gonna do it in Scottsdale, Arizona, starting with one store, and you know, maybe just one or a small number of vehicles. Well, says choosing Scottsdale for autonomous Delivery tests make sense about flat roads, Great weather wide open highways. Not a lot of dense traffic. It's not like driving in San Francisco, where Cruz is based. The pilot program marks a big step for both Wal Mart and Cruise. Wal Mart is battling for market share against.

Wal Mart Oxford Dictionary U. S Fifth Circuit Court of Ap Bloomberg Matt Matt Johnson Scottsdale Malin Texas David Welch San Francisco bureau chief Carl Cruz Arizona G. M Detroit
"bloomberg detroit bureau" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

02:26 min | 11 months ago

"bloomberg detroit bureau" Discussed on WBZ NewsRadio 1030

"Saw spelled W B. Easy. Boston's news radio the rumblings of a minor earthquake overnight. Not a significant is the 12 weeks ago that was felt across much of southern New England as we hear from WBZ TV meteorologists Jacob Wycoff. It's arrived just after midnight at 2.0 magnitude earthquake, Really, just a small earthquake in the grand scheme of things. With the magnitude scale, basically a 2.0 and a 3.0. It's about 10 times larger that three point of it hit near New Bedford like the 12 weeks ago, which was a 3.6 magnitude The virtual G 20 Summit continues today. In the meeting of the leaders of the world's most powerful nations hosted by Saudi Arabia this year. The president today defended his decision to withdraw from the Paris climate Accord President praised his administration's record. On climate and the environment I signed Save our Seas act to protect our environment from foreign nations that litter our oceans with debris. Last year, the Environmental Protection Agency cleaned up more major pollution sites than any year. In nearly two decades and something in the history of our country. The president, speaking by video from the White House, President elect Joe Biden, has vowed to rejoin the Paris accord when he takes office in January. It's 407 time for Bloomberg business. One day you're online orders might arrive by car with no driver behind the wheel. Wal Mart is teaming up with G. M's self driving unit Cruise to test autonomous Delivery. Bloomberg Detroit bureau chief David Welch. Carl Just drive up. And the receiver of the package can go out and get their stuff. The driverless deliveries will start small. You're gonna do it in Scottsdale, Arizona, starting with one store, and, you know, maybe just one or a small number of vehicles says choosing Scottsdale for autonomous Delivery tests make sense talking about flat roads. Great weather. Wide open highways, not a lot of dense traffic. It's not like driving in San Francisco, where Cruz is based. The pilot program marks a big step for both Wal Mart and Cruise. Wal Mart is battling for market share against online rival Amazon. For cruise, the partnership opens the door to potentially lucrative delivery services apart from its main focus on ride sharing Robo taxis I'm Gina, Serve Eddie Bloomberg business on WBZ. Austin's news radio. Trusted.

Wal Mart president Bloomberg Eddie Bloomberg Paris Joe Biden Scottsdale New England Boston Saudi Arabia Environmental Protection Agenc Jacob Wycoff New Bedford Amazon David Welch Arizona Austin Carl Detroit White House
"bloomberg detroit bureau" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

01:40 min | 11 months ago

"bloomberg detroit bureau" Discussed on WBZ NewsRadio 1030

"Federal response to support anything restaurants, especially so I think it's huge. If you want businesses to be there when this is all done, then you need to support them. Now. I thought Cove it after I came home from college and It destroyed my lungs. Months after 19 year old Alexa, who skin hub survived Cove in 19, The Colorado resident says she still not fully recovered. Hobbs says she wishes she had done more to avoid the virus and the college football game between clubs in and Florida state was postponed just hours before kickoff Saturday, when medical personnel from both schools could not agree it was safe to play. And it just got harder to social distance on the international space station. Maybe seas Dave Packer explains. The space X crew Dragons for astronauts have joined the three who were already on board. The international space station astronaut Kate Reuben was glad for the company, I said Oh, my gosh, You're here way were. We were just really, really excited to see them coming through the hatch. It's the first time the ISS has had seven long term crew members. Astronaut Shannon Walker says she and her crew mates will have to navigate traffic jams that we have going through the module is trying to get from where we need to be from one place to the other, proving that wall space is infinite space on the international space station isn't Dave Packer. ABC News Coming Up the latest on developments for a covert vaccine. One day you're online orders might arrive by car with no driver behind the wheel. Wal Mart is teaming up with G. M's self driving Unit Cruise to test autonomous delivery. Bloomberg Detroit Bureau chief David Welch. Carl Just drive up. And the receiver of the package can go out and get their stuff. The driverless deliveries will start small You're gonna do it discussed dealer Arizona.

Dave Packer Cove Hobbs Shannon Walker Wal Mart Alexa Kate Reuben ABC News Arizona ISS David Welch Carl Bloomberg Colorado Detroit Bureau Florida G. M
"bloomberg detroit bureau" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:02 min | 1 year ago

"bloomberg detroit bureau" Discussed on Bloomberg Radio New York

"To give us a preview. Welcome. Now are Detroit Bureau chief. He is David Wells. So David there during war Michigan, not necessarily a standard stop for a vodka truck. Were they looking at? We're looking at a training center that GM built there about $2 million for about $2 million trains, full skilled trades workers and some celery engineers, so really people on the technical side of things And this's important really, for both sides. The Trump administration came to power in 2016 and one of their Key areas of focus on one of Trump's promises was to rebuild manufacturing any specific guy on the auto industry, so MGM did him big restructuring last year. In the end, taking out about 11,000 jobs closing what for US plants in one in Canada, Um, trampoline in like that. So G M's been kind of in their doghouse ever since. So this is an opportunity for Mary. But, hey, look, training workers, and we're putting money into Michigan and into the United States, And there's a chance for the Trump administration. Teo say that they're getting something done in the auto. It's fast thing, David. There's been something if you say as a love hate relationship between Donald Trump and Mary borrowed up and down and back and forth at the same time, it's not clear to me that Mary Barra has changed her direction much no matter what the president has said. No. Look, Uh, Lordstown is still closed. And so it was a small transmission plant in Warren, Michigan, where Ivanka Trump is today and another plan in Baltimore. They have, uh, technical jobs in war and for things like battery electric vehicles and self driving. Vehicles. But in terms of manufacturing not so much building a battery plant in conjunction with the battery partner for the electric vehicles in Lordstown, But those jobs will pay a lot West. So the didn't and so far on an union plan must taken organized. So it's not a big victory for the union. It's not a big victory in charge of, uh, manufacturing wages necessarily because it's basically it's supplementing lower wage towards town jobs are higher wage with lower wage jobs. But is longer there. Training workers may be the Trump Administration is going to try to make a bit of hay out of this G m A. What? Not hired more. And David finally here quickly at the end, Going cross the road to Ford. We have a new CEO coming in, and we had enough sort of 1400 white collar workers being laid off. Is that a surprise to you? No. We've been waiting for this protection People $11 billion cost cutting program if they've had for some time, this is 5% of the salaried workforce. It follows what GM did about. Action. Jean cut what I think 8070 workers get powers, which he ended last year. But you're going to see more of this. Not just because of Kobe's gonna push things along because the industry's kind of in a slump, too. Okay. David really appreciate your being with us. That's David. Well, she's blue. Bloomberg's Detroit bureau chief Coming up bounce power continues on Bloomberg Radio and our second hour we're going.

David Wells Michigan Ivanka Trump Donald Trump Trump Mary Barra GM Lordstown Bloomberg David United States MGM Teo bureau chief Detroit Kobe Bloomberg Radio Canada
"bloomberg detroit bureau" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

01:40 min | 1 year ago

"bloomberg detroit bureau" Discussed on WBZ NewsRadio 1030

"Used vehicles the new car market is been down as much as fifty percent even a little more in some weeks the used car market is down even more so more than seventy percent and now David Welch the Bloomberg Detroit bureau chief says vehicles are starting to pile up at used car auction sites the critical options were most of the cars are sold and completely shut down the collapsing used car sales has far reaching consequences for the auto industry especially if the prices collapse as well dealers will take a direct hit rental car agencies will earn less from selling older fleets and the finance arms of major automakers will see losses we've got a lot of cars out on weeks now the car that is being leased has lost value so when it comes back the finance company owns and if they can't recoup there's value in an auto auction or elsewhere the may lose money for used car sellers the supply and demand imbalance is not expected to improve anytime soon I'm Jeanne Meserve Eddie Bloomberg business on WBZ Boston news radio sports is up next the following is a true story I had a lady that was in the mid seventies and I'd so time sure and that was the lowest I've ever felt in my life I knew then that I had to do something to simply not to go to hell for celadon fear chucked me dell founded Wesley financial group to help folks cancel their timeshare is permanently out horror and everybody that I'd sell time sure to that so this is what I said to that was a lot and this is what you need to do to cancel your time I'm sure from that point people started referring friends to Maine to help them cancel a time sure and that's how it all started out fault the world's largest time sure got me a federal court if I had lost that lawsuit there will be no one helping people that have been allowed to with about time sure if we take you as a.

David Welch bureau chief Wesley financial group Maine Bloomberg Detroit Jeanne Meserve Eddie Bloomberg Boston dell
"bloomberg detroit bureau" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

03:00 min | 1 year ago

"bloomberg detroit bureau" Discussed on WBZ NewsRadio 1030

"Dozen showed up for yesterday's class it's really satisfying it's fun and it's a hoot from Broadway to Franconia ABF David protess leads dance classes for anyone in the neighborhood who wants to shake it up during the pandemic but David who danced for ten years with the New York City Ballet doesn't consider himself the teacher when I lock eyes with fellow dancers and where you know dancing together and listening to music you just see the the joy in their faces and it's just it's so much fun and David says what better way to stay healthy both physically and mentally it's deeply satisfying you feel extremely connected when you do it and it gets you back to your your heart so if that's not good for you I don't know what is in Natick Suzanne Saltville WBZ Boston news radio as well to the west coast the highest average rate of coronavirus cases in any county out in the western part of our country is in the state of Washington ya come a county a large number of cases in long term care facilities they have a large agricultural work force that not only work closely together but also large numbers of these workers live together ya come a county also has a significant number of essential workers adding to their high rate of positive cold in nineteen cases former president George W. bush posting a three minute video online last night addressing the covert nineteen crisis part of the twenty six hour live stream event called the call to unite which offers messages from a variety of leaders and entertainers let us remember we face times of testing before following nine eleven I saw a great nation rises one degree degree and break out of oil the new duties and I have no doubt it is fair to service and sacrifice is alive and well in America former president Bill Clinton along with Oprah Winfrey also participating in the call to unite eight oh seven time now for a check on Wall Street and with business let's go Bloomberg covert nineteen has shut down the factories and hurt sales of new and used vehicles the new car market is been down as much as fifty percent even a little more in some weeks the used car market is down even more spectrum off more than seventy percent and now David Welch the Bloomberg Detroit bureau chief says vehicles are starting to pile up at used car auction sites the critical option for most of the cars are sold and completely shut down the collapse in used car sales has far reaching consequences for the auto industry especially if the prices collapse as well dealers will take a direct hit rental car agencies will earn less from selling older fleets and the finance arms of major automakers will see losses we've got a lot of cars out on weeks now the car that is being leased has lost value so when it comes back the finance company owns and if they can't recoup that value in an auto auction or elsewhere the may lose money for used car sellers the supply and demand imbalance is not expected to.

Dozen
"bloomberg detroit bureau" Discussed on WTOP

WTOP

01:44 min | 1 year ago

"bloomberg detroit bureau" Discussed on WTOP

"Factories and first sales of new and used vehicles the new car market is been down as much as fifty percent even a little more in some weeks the used car market is down even more slipping off more than seventy percent and now David Welch the Bloomberg Detroit bureau chief says vehicles are starting to pile up at used car auction sites the physical auctions were most of the cars are sold and completely shut down the collapse in used car sales has far reaching consequences for the auto industry especially if the prices collapse as well dealers will take a direct hit rental car agencies will earn less from selling older fleets and the finance arms of major automakers will see losses we've got a lot of cars out on lease now the car that is being leased has lost value so when it comes back to finance company owns and if they can't recoup that value in an auto auction or elsewhere you may lose money for used car sellers the supply and demand imbalance is not expected to improve any time soon from the Bloomberg news room I'm Gina survey on WTOP coming up on W. T. O. P. a lot of people tried to get outside today but maybe too many without masks in New York City will have the very latest from CBS news coming up here on WTOP it's a twenty six in Washington sheltering in place is not easy all of us are getting a bit of cabin fever but you know it's also a good time to focus on things you've been putting off like dealing with your E. D. look no one should be social distancing in the bedroom so if you're dealing with this measurements health is your answer metro men's health can help you with our proven state of the art technology and approach called focus compression wave therapy it's revolutionary as it actually helps rid your blood vessels of plaque and scar tissue and stimulates new stem cell growth there's no surgery no pain no downtime.

David Welch bureau chief WTOP New York City Washington Bloomberg Detroit Gina W. T. O. CBS
"bloomberg detroit bureau" Discussed on Newsradio 1200 WOAI

Newsradio 1200 WOAI

01:49 min | 1 year ago

"bloomberg detroit bureau" Discussed on Newsradio 1200 WOAI

"The tax remittances were from businesses both quickly and dramatically affected by social distancing for more on the corona virus go to the I heart radio app and tap the podcast tab for the latest news and information on Sally Adams this is a Bloomberg money minute covered nineteen has shut down the factories and hurt sales of new and used vehicles the new car market is been down as much as fifty percent even a little more in some weeks the used car market is down even more slipping off more than seventy percent and now David Welch the Bloomberg Detroit bureau chief says vehicles are starting to pile up at used car auction sites the critical option for most of the cars are sold and completely shut down the collapse and used car sales has far reaching consequences for the auto industry especially of the prices collapse as well dealers will take a direct hit rental car agencies will earn less from selling older fleets and the finance arms of major automakers will see losses we've got a lot of cars out on lease now the car that is being has lost value so when it comes back with an answer company owned and they can't recoup that value in an auto auction or elsewhere you may lose money for used car sellers the supply and demand imbalance is not expected to improve any time soon Janus Cervidae Bloomberg radio W. O. A. I. traffic center good news no major accidents or slow down to look out for a quick update on the Texas business re opening planned for phase one restaurants retail movie theaters are allowed to operate at twenty five percent capacity Barcelona's engines will remain closed until may eighteenth tie hold news radio twelve hundred W. O. A. R. this report is sponsored by del dell technologies advisors are here to help businesses working remotely get the right tech solutions from unparalleled collaboration with windows ten and Microsoft teams to special financing offers for small businesses to help preserve.

"bloomberg detroit bureau" Discussed on WBZ NewsRadio 1030

WBZ NewsRadio 1030

02:58 min | 1 year ago

"bloomberg detroit bureau" Discussed on WBZ NewsRadio 1030

"Country but there's still some questions about the effectiveness of its results and what those who test positive should do next ABC's eva pilgrim with more the other question a lot of people have is what do you do with the information that when you get it there's a clear guidance I was talking to a doctor in Massachusetts and you said that the state department of health there is telling people that if you haven't had a positive Tobin says and you get a positive antibodies that you should quarantine zones causing some real issues as to what to do next now the website at the center for disease control says they don't know if having the antibodies will keep you immune from becoming re infected in the future in the race for the U. S. Senate in Massachusetts incumbent senator ed Markey says he has collected more than enough voter signatures to secure a spot on the September first St democratic primary ballot Markey says he's gathered more than twenty three thousand signatures from across the state his opponent congressman Joe Kennedy had earlier announced that he had also collected enough signatures north Korean state television airing a video and photos of what appears to be the first public appearance in weeks by leader Kim Jong hoon the images come after speculation over Kim's disappearance from the public eye north Korean leader Kim Jong UN appeared in his state media on Saturday after three weeks of wild rumors that he is gravely ill or even dead Kim was walking and smiling with his sister Kim yo Jong and senior officials at an opening of a fertilizer for three a south Korean government official told reporters that groundless information about Kim has caused unnecessary confusion he urged to take caution when it comes to information related to North Korea to he to ABC news Seoul South Korea nine oh seven in time now for a check on Wall Street suite Bloomberg covert nineteen has shut down the factories and hurt sales of new and used vehicles the new car market is been down as much as fifty percent even a little more in some weeks the used car market is down even more spectrum off more than seventy percent and now David Welch the Bloomberg Detroit bureau chief says vehicles are starting to pile up at used car auction sites the critical options were most of the cars are sold and completely shut down the collapse in used car sales has far reaching consequences for the auto industry especially if the prices collapse as well dealers will take a direct hit rental car agencies will earn less from selling older fleets and the finance arms of major automakers will see losses we've got a lot of cars out on weeks now the car that is being leased has lost value so when it comes back the finance company owns and if they can't recoup as value in an auto auction or elsewhere the may lose money for used car sellers the supply and demand imbalance is not expected to improve any time soon I'm Jeanne Meserve Eddie Bloomberg business on WBZ Boston news radio it is nine oh eight Joe Biden that denying.

"bloomberg detroit bureau" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:44 min | 1 year ago

"bloomberg detroit bureau" Discussed on Bloomberg Radio New York

"Here in Singapore on Juliet's Ali and I'm Brian Curtis trading is underway across much of the reason to markets just opening up the hang sang index down one point three percent in Hong Kong and the markets in China are trading down about six tenths of one percent Julia will arrive has filed a series of rockets it to U. S. Iraqi air bases in what appears to be the first Iranian response to the killing of general has some salami by American forces last week let's get over to a chief Washington correspondent for Bloomberg television and radio Kevin so really in Kevin way hearing that the White House is preparing to president trump to address the nation soon what are you hearing what what also secretary of integration playing in a statement that the president has been briefed on the situation as it relates to those attacks on facilities and a black and a really coming from abroad this call on the following the state department I am president trump all but assuring that sugar Ron do such action in Iraq war in Iran that there would be a quote unquote disproportionate response so we're still getting conflicting reports as to whether or not president trump will in fact addressed the nation I reached out to the White House on the fourth act as I hear it but no question this is without question a further escalation of the tensions between the US and Iran Kevin is not unusual that we haven't heard anything about casualties more than two hours after these initial attacks that is correct as of now there are no word as it relates to casualties is at the US after the recording of the president is in the situation room as we speak and again he has been out there his body according to our colleagues at the White House but with secretary of state Michael pay defense secretary mark asper and you'll remember that it was just a couple of hours ago that the president without the White House took questions from reporters as it relates to arise and and he said that even the centrally paraphrasing there had no choice but to go out there all the money now meanwhile back on Capitol Hill house speaker Nancy close to the top Democrat in the house of representatives has said that later this week there will be a resolution that would limit the president's powers as it relates to the commander in chief role but given the divided government it's very uncertain I'm quite frankly unlikely that that much of that that resolution but it stands out of the Republican controlled Senate I've no doubt however that again this is a very fluid situation as we get bored of the president likely could be likely comments this evening what will bring them to you as we get them yeah and as you said that president trump has said that the US is totally prepared bid to on the other side these these concerned that this could just be the beginning to ride and that we could start to see oil and gas plants started to be here so perhaps even cyber attacks what do you kind of hearing from possible retaliation on both sides well I was at the state department earlier today for secretary Pompey was press conference and he really laid out clear terms but they're calling given the situation is calling the maximum pressure campaign its three pronged approach diplomatically economically and military Stickley it now a clearly the Solomonic like killing is the military component but they also noted the economic upon it and if you if you kind of crisis out of pop state department official is going to be in Europe next week but in the coming weeks that this month our meeting with European allies that are hopeful that they might be able to get from European allies to join them in further economically isolating Tehran but again I've given that the events of the past several hours you know this is a very fluid situation can I ask Bob Hormats earlier a former Goldman Sachs executive with another was unusual that president trump and defense secretary mark asper had had kind of clashed a little bit over the types of targets that would be hit to can you shed some light on that the issue that you're raising is the issue of cultural site the president aboard Air Force One within the last forty eight hours when he took questions from reporters I mentioned that cultural sites in Iran would be potentially on the list thank that the US would retaliate against Iran on our but beyond that that secretary compare secretary asper push back on that notion in saying that the US would act accordingly with international international laws are you an laws but secretary bill Taylor at the press conference earlier today also raised the question that the Ayatollah and Papon have really broken international action complete disregard for international norms are so it it it became a flash point and accomplished in a conversation by the domestic political round and it's something that it did receive a even garner a lot of attention and and you know we just don't know how the US I as of now we don't know how the US will respond or if they will respond at all how can I haven't thank you very much chief Washington correspondent Bloomberg television and radio General Motors is warning pressure on its China business will process this year David Welch's Bloomberg's Detroit bureau chief he says GM is facing multiple issues here read more it's not helping terms of brand image and that sort of thing analysts differ on this but some think that American brands are not received isn't well as they were maybe a year ago but the bigger issue really for GM as the product line the whole wind up of scandal Asher ways Buicks and Chinese brand name vehicles at GM cells there it just kind of gotten stale his partner's sold more than three million vehicles in China last year that is a fifteen percent decline Juliet all right let's get to market reaction to all the latest with seeing from the Middle East with them except christening York dog are actually at we're seeing classic risk off here in both the equities in currencies and the and the bond market as well with the yield now in the U. S. ten year treasury in the Tokyo session all the way down to one point seven three percent so we have given back more than eight basis points in yield obviously all in response to Iran firing more than a dozen ballistic missiles targeting to military bases inside Iraq where American troops are based a rally in the N. at one oh seven eighty five so the and strengthening by about six tenths of a percent against the dollar and the yen strength is depressing of the Nikkei two twenty five by two and a half percent right now in Hong Kong hang sang down one of the half percent in Seoul the cost be weaker by one point seven percent that said shares in Samsung remain positive up by about a percent after the company beat earnings estimates seems to be an indication that memory chip prices are climbing out of a persistent what has been a persistent downturn crude oil right now in the electronics section this is W. T. I. sixty five oh five so were up nearly four percent slightly off of the best level of the overnight session overnight U. S. time right now in Sydney ASX two hundred weaker by one percent and on the mainland Chung high composite is down just about a half of one percent terms of gold we have of the spot price up one point eight percent sixteen hundred three dollars ten cents the ounce dollar weakness and weakness in the offshore Chinese you want as well at six ninety five fifteen I'm Doug prisoner at the Bloomberg interactive brokers studio in New York Juliet thank you double came down that is keeping a wary eye on the Middle East developments with that and other developments other global news rather he's mocked males in the.

Singapore Juliet Ali Brian Curtis
"bloomberg detroit bureau" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:34 min | 1 year ago

"bloomberg detroit bureau" Discussed on Bloomberg Radio New York

"This is bouncer barber television and radio I'm David Westin the biggest mystery of the new year is slowly slowly being revealed today we're learning new details on how Carlos Ghosn escape from his supposedly iron clad the tension in his Tokyo apartment to a roar send the end up in his luxury home over in Beirut here to take us through what we think we know is Bloomberg Detroit bureau chief they will so I guess it isn't just one heck of a story and it's in the car industry so what more could you want it's an incredible story David look is a great irony here too and that is when when Carlos Ghosn save Nissan years ago he was depicted in Japanese comic books as this hero and and now maybe we'll see comic books were is the bill and with this daring escape out of Japan smuggling out in a box possibly and then getting on a private jet to Turkey and then eventually to Lebanon but ET it gets even better because you've got this former green beret with American international securities is the name of this form will help smuggle going out of the country past Japanese security and the iron clad I'm not sure it wasn't even wearing an ankle bracelet he got on a bullet train for Osaka in out in full view wearing nothing but the kind of mask everyone worse in Japan to avoid getting a cold or catching the flu or something like that and then he was eventually smuggled out of the country but it really isn't an unbelievable story well apparently there was some hold the security because they went to a small private airport outside of Osaka and they basically didn't do xrays on really big boxes I understand it right yeah that's the way it reads here that they had he was in some large box I think was maybe for audio equipment or speakers or something like that but was too big for their scanners and the the security people probably thinly staffed because it was around new year's when things kind of shut down in Japan didn't give it much of a look and how he went so this is a pretty big embarrassment for the Japanese authorities I think it's per se but we don't forget because goes leaving somebody behind his his deputy Mister Kelly who is also under detention that I can let him go looks like he's the guy who's probably get the really the worst end of this from everybody involved because he stuck in Japan he doesn't have the security firm to help them get out and the Japanese will now be coming tripling security on him he'll be under constant surveillance I would assume and and he he's going to have a really impossible time getting out anytime Wednesday I guess Mr gold is going to hold some kind of a news comes over Beirut and talk about this heater it appears to really lay out exactly why I think what was being done to him in Japan was so outrageous he isn't going has maintained all along with these innocent of the charges but also that this was a conspiracy cooked up by Japanese executives of Nissan who didn't want the full merger between right now when you saw that he was pushing for that part there's a lot of truth to because we're actually broken the story that going had really pushed to merge the two companies completely and shortly after that site how with the past CEO was publicly saying that it wasn't time for that we know there was opposition to the merger and that whole summer after all this is when they started building the case and I actually don't was arrested now he's gonna have to prove he's innocent of these charges and there the Japanese release quite a bit of evidence against him but he hasn't had a chance to speak here so we will get car was gone side of the story on what happened with on the reporting his income and and these other investment vehicles that they say were illegal in the meantime I would hold my breath waiting for him to show up in a Japanese court anytime soon okay thanks so much to Bloomberg's David wells report today from Detroit is the bureau chief out there coming.

David Westin Carlos Ghosn
"bloomberg detroit bureau" Discussed on Newsradio 1200 WOAI

Newsradio 1200 WOAI

05:02 min | 2 years ago

"bloomberg detroit bureau" Discussed on Newsradio 1200 WOAI

"They falsified records to cover up their mistake they've been put on administrative leave the bureau of prisons has set a suicide reconstruction team to the jail to analyze how and why it happened and the warden of the MCC has been temporarily reassigned to an office post while the investigations are conducted extinguished in jail awaiting trial on sex trafficking charges that continue triple digit heat over Texas plus the state's population growth and the phasing out of older coal fired power plants prompted the electric reliability council of Texas to issue its first emergency alert since two thousand fourteen got which runs the state's power grid says operating reserves had fallen below the emergency threshold of twenty three hundred megawatts the alert was later lifted but qadis urging Texans to avoid the use of high demand appliances especially in the late afternoon the carefully planned four hundred and fifty million dollar renovation of Alamo plaza could fall apart due to a disagreement on what should be done with the human remains which are certainly be under the plaza in the eighteenth century the Alamo is a church where the native Americans who converted to Christianity were buried and Alaska's of the group American Indians in Texas says there's no provision in the plan to do DNA testing on the remains and rebury them in accordance with their survivors wishes every day that goes forward what's that respect human remains will be found because is threatening a court battle of necessary the same issue sink the last effort to redevelop Alamo plaza in nineteen ninety four in Moscow says he's amazed stays planners didn't know that and make better plans for reburial of remains Kerry lucky news radio twelve hundred W. O. A. I'd democratic presidential candidate and former San Antonio mayor who really on Castro is still placing blame on president trump for the recent mass shooting at el Paso Castro's delivering the message with a new ad that will run on the fox news channel beginning today where he says trump Stoke the fire of racist causing the deaths of people who quote look like me the president has tweeted that Castro's a failed presidential candidate who makes a fool of himself every time he opens his mouth the bear county Democratic Party has decided not to boycott bill Miller barbecue and the pearl over congressman Joaquin Castro's enemies list of trump donors tweet the founder of bill Miller and the developer of the pearl we're both on the list the party last night decided to table the boycott motion which was submitted by the Stonewall Democrats the action comes after county judge Nelson Wolff wrote an open letter pointing out that bill Miller's pays above the minimum wage and is a good corporate citizen funding everything from habitat do you manatee to school crossing guards Jacquelyn Scott newsradio twelve hundred W. away I'll a sap rocky has been found guilty of assault following a street fight last June in Sweden a Swedish court says the Harlem born rapper used excessive force but he won't do any more jail time after serving a month at a Swedish detention center the artist will have to pay a fine president trump got involved in the case even trying to press Sweden's prime minister to release a sap rocky while he awaited the verdict C. N. N. prime time host don lemon is accused of sexually assaulting a bartender on Long Island New York a Florida man Dustin high he says in the suit he was at a bar enjoying a night with co workers last July when he saw a lemon and offered him a drink Wyman declined the offer but later approached him hi says the CNN host then touched himself in an inappropriate manner and then made sexually suggestive gestures CNN claims heights as social media accounts show he bears animosity toward the network and says Wyoming categorically denies the claims highest denies going after CNN on social media we keep hearing self driving cars are on the way but where are they Donna Wilson a Bloomberg houses and focus report self driving cars keep hitting speed bumps General Motors is the latest to announce the delay the GM crew self driving here that had planned to debut a rebel taxi by the end of this year is proving more and more difficult to get the technology really ready for every kind of situation a car can encounter on the road David Welch Bloomberg's Detroit bureau chief says there are challenges taking humans out from behind the wheel safer than human driving so until they can do it better than the people on the road they're just going to keep testing until they get there also this one million it had thought its own drive the list right healing service would be up and running by now and a fatal collision last year said Cooper's Wrobel taxing ambitions back none of it works if the cars on safe while GM's crew this won't have rebel Texas ready this year its CEO says it's not too far off they're working at sometime next year to pull this off cruises rapidly expanding testing I'm Donna Wilson Bloomberg business the news radio twelve hundred W. L. A. W. away I news time eight oh seven breaking news on the hour at the half and any time at W. away I dot com brought to you by first mark credit union a check of your traffic and weather together coming up after this get.

bureau of prisons twelve hundred W twenty three hundred megawatts fifty million dollar
"bloomberg detroit bureau" Discussed on Newsradio 1200 WOAI

Newsradio 1200 WOAI

02:01 min | 2 years ago

"bloomberg detroit bureau" Discussed on Newsradio 1200 WOAI

"School crossing guards Jacquelyn Scott newsradio twelve hundred WOAI a twenty two year old man is charged with planning to stab students at an elementary school in Tampa you won't believe the reason why he wanted to do it according to Japanese the man said he disliked the schools called obnoxious pride in America the entire school building is painted like an American flag and nod to Francis Bellamy who wrote the pledge of allegiance lived in Tampa for a short time well the red white and blue seemingly upset twenty two year old Andrew Amman who told deputies he has negative views of patriotism toward the U. S. so much that he say he planned this violent attack he apparently had a change of heart when his roommate showed up at his residence the roommate became aware of the plot and alerted police we keep hearing self driving cars are all on the way but where are they Donna Wilson with Bloomberg has is in focus report self driving cars keep hitting speed bumps General Motors is the latest to announce the delay the GM crew self driving unit had planned to debut a rebel taxi by the end of this year proving more and more difficult to get the technology really ready for every kind of situation a car can encounter on the road David Welch Bloomberg's Detroit bureau chief says there are challenges taking humans out from behind the wheel are we safer than a human driving so until they can do it better than the people on the road they're just going to keep testing until they get there also the twenty million it had thought its own drive the list right healing service would be up and running by now and a fatal collision last year said Cooper's Wrobel taxing ambitions back none of it works if the cars aren't safe while GM's crew this won't have rebel Texas ready this year its CEO says it's not too far off they're working at sometime next year to pull this off cruises rapidly expanding testing I'm Donna Wilson Bloomberg business the news radio twelve hundred W. L. A. W. away I news time six oh seven breaking news on the hour at the happen anytime at W. away I dot com brought to you by first more credit union a.

Tampa America Francis Bellamy Andrew Amman Donna Wilson Bloomberg General Motors David Welch Bloomberg bureau chief Cooper Texas CEO Jacquelyn Scott Detroit W. L. A. twenty two year twelve hundred W
"bloomberg detroit bureau" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:49 min | 2 years ago

"bloomberg detroit bureau" Discussed on Bloomberg Radio New York

"Expiry Pershing LLC Pershing adviser solutions LLC are both members of and sit back this is a Bloomberg market minute self driving cars keep hitting speed bumps General Motors is the latest to announce a delay the GM crew self driving unit had planned to debut a rebel taxi by the end of this year proving more and more difficult to get the technology really ready for every kind of situation a car can encounter on the road David Welch Bloomberg's Detroit bureau chief says they won't challenges taking humans out from behind the wheel about a human driving so until they can do it better than the people on the road they're just going to keep testing until they get there also this window unit had thought its own driverless ride hailing service would be up and running by now and the fatal collision last year's said Cooper's Wrobel taxing ambitions back none of it works if the cars on safe well Julian's crew this won't have rebel Texas ready this year its CEO says it's not too far off they're working at sometime next year to pull this off cruises rapidly expanding testing Donald Wilson Bloomberg radio thank you thank you for this great honor as CEO of this company I couldn't be happier with our accomplishments this year we achieve double digit growth we lost key personnel but we didn't miss a step I want to take a moment to thank one of our key partners serious executives when I first heard of serious I was a little skeptical what is an intermix second half when they told me one executive at one day a week can help us get double digit growth I was shocked I didn't even know that was possible and here we are twelve months later and Sirius will continue to be one of our key partners for years to come because regardless of the problems that show up in our business they always have an executive solution ready for us so.

Expiry Pershing LLC Pershing a General Motors David Welch Bloomberg bureau chief Cooper Julian Texas CEO executive Sirius Bloomberg Detroit Donald Wilson twelve months one day
"bloomberg detroit bureau" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:38 min | 2 years ago

"bloomberg detroit bureau" Discussed on Bloomberg Radio New York

"Or nearing retirement talk with us and find out why investors are switching to and staying with Fisher investments Fisher investments clearly better money management investments in securities involves the risk of loss visit us at Fisher investments dot com to find out what we can do for you this is a Bloomberg market minute self driving cars keep hitting speed bumps General Motors is the latest to announce a delay the GM cruise self driving here that had planned to debut a rebel taxi by the end of this year proving more and more difficult to get the technology really ready for every kind of situation a car can encounter on the road David Welch Bloomberg's Detroit bureau chief says there are challenges taking humans out from behind the wheel safer than a human driving so until they can do it better than the people on the road they're just going to keep testing until they get there also this plane million it had thought its own driverless ride hailing service would be up and running by now and the fatal collision last year's said Cooper's Wrobel taxing ambitions back none of it works if the cars aren't safe while Jian's cruise won't have rebel Texas ready this year its CEO says it's not too far off they're working at sometime next year to pull this off cruises rapidly expanding testing Donald Wilson Bloomberg radio Hey y'all Jeff Foxworthy here now if you ever found yourself repeating the same thing over and over for seventy five years you might be Smokey bear only you can prevent wildfires that's why I'm filling in for Smokey to switch.

General Motors David Welch Bloomberg bureau chief Cooper Jian Texas CEO Jeff Foxworthy Fisher investments Fisher Fisher investments dot Bloomberg GM Detroit Donald Wilson Bloomberg seventy five years
"bloomberg detroit bureau" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

10:47 min | 2 years ago

"bloomberg detroit bureau" Discussed on Bloomberg Radio New York

"Toward a peaceful transition of power. I'm Barton Necker. This is Bloomberg daybreak weekend. Our global look ahead at the top stories for investors in the coming week. I'm Bob moon in New York. It will be another busy week for earnings with nearly one hundred companies in the us and P five hundred reporting for more. Let's bring in Bloomberg stocks editor 's Dave Wilson and Mike Regan. And Dave let me start with you media stocks this coming week, we've kind of gotten to that point in terms of the fourth quarter results that you start to see the media companies show up, Viacom, Disney, News Corp. And we'll see what happens with twenty-first-century FOSS. Because of course, there's this deal for Disney to take over most of FOX's business the movie studio, and so on so FOX is going to be a lot smaller company, very soon. So it may affect the timing of their results. And what it comes down to is. You know, how are these companies really able to compete with the likes of Facebook? I mean, we saw their result. This past week, and they were well received revenue above what analysts were looking for. At least the ones we serve here. At Bloomberg Ernie's toward the high end of projections and all that going on in the midst of the issues with data privacy that a dog Facebook for some time. So, you know, if you're a Disney running ABC in ESPN and other networks how you coping with that. Of course, Disney, you know, sort of wants to get into online streaming as well area where net flex is really kind of ruled the roost. So, you know, you've got a lot of cross-currents to get through as you look at these quarterly results coming up and we've seen the end of the acquisitions in business. Oh, you know who can tell because just the other day. There was some speculation about discovery might be interested. Viacom, of course, you have the question of whether they're going to recombine with CBS at some point sort of hanging around in the it's not like there's anything specific on that score necessarily. But. At the very least that it's not going away. So, you know, there may be more deals to come naming who knows especially as the competition gets tougher and companies have to beef up in order to meet the lights up net. Netflix. Mike Regan, those are all big names. Anything that's sort of flies under the radar that we should be watching the coming. Bob, a few things that caught my eye next week several of the smaller ship makers are reporting, and this is always a fascinating sector. You know, microchips being in basically almost everything you buy these days from cars to refrigerators and whatnot. And it's very much a sort of a boom and bust industry. So it's fascinating to see sort of where the demand is where the oversupply is. And it's very much been a focal point from even a macro perspective for investors with apple iphone sales slowing and people wondering what is going to sort of drive that area of growth in the tech sector in the electronic so first one is on Monday Seagate technologies. Then you have sky works and micro chip technologies on Tuesday, so kind of under the radar small chipmakers. But I think he can learn a lot about the state of technology from the earnings these companies another one I like a lot just because housing has been such a focus for macaroni vessels later is snap on the toolmaker. They report on February seventh and e can kind of get a sense from toolmaker. Obviously, what the state of the construction industry is is it is bad as sort of some of these home sales numbers that we see side like looking at them. It's kind of an under the radar sort of guide another one I just love to look at his virtue financial, they're the high frequency trader high-speed market maker. They make markets in everything from stocks. Crude oil all sorts of commodities the assumption with a with this company is that when markets are as volatile as they were in December that a company like this does very well they thrive on that volatility and the volume, but that's not always the case. And sometimes you can have the stock. Rally into earnings because everyone thought they made a killing during a volatile quarter. When really they got caught off guard and didn't do well. So just from an industry perspective. A kind of a fascinating sought to keep an eye on couple of foul ups. Bob, we should know Corvo and other chipmaker it's out with results in the coming week. They're also on February seventh and then just vertu the might get people's attention. It's also the exchanges where vertu does business CBO global markets is out this coming week. And so as Iraq continental exchange, the owner of the new York Stock Exchange any particular stock you are going to be watching in the coming week. Well, Twitter is one that jumps to mind and not just because we have that tick tock network that we provide to them. But really in light of Facebook's results. You know, is it really that social media in the broader sense is going to be doing. Well, or is it a Facebook story? I mean, Twitter's been so much front and center with some of the issues that have faced Facebook, but beyond that the concern about. Manipulation of things like elections. So you have that to look at how is Twitter faring as a business in the face of all these broader social concerns. I mean that becomes something to watch us, as you know, Facebook's results were in the context of the data privacy issues and don't forget Snapchat on Tuesday to another s snap the honor of Snapchat. Indeed. Our thanks to Bloomberg's talks editors David Wilson and Mike Regan. And we are not done with earnings. We also get reports from a couple of key automakers and for more pleased to welcome Bloomberg Detroit bureau chief, David Welch, David. How're the auto companies doing these days? Well, it's a mixed bag. If your General Motors things are looking pretty good because contrary to what investors and analysts thought what's going to happen in two thousand nineteen is actually saying that they're gonna grow problems here. And that's the price everybody because the sales in China have actually gone in reverse last year and are expected to be flat in two thousand nineteen and the US is also softening. So that was a big surprise. And the sheriff really jumped quite a bit one TM gave us sad news in early January for Ford. Nothing too. Good. They're talking about restructuring, but not giving any detail. Investors are not happy that they aren't getting more clarity on how much is going to cut cut. You're gonna come from. And how quickly it will happen. And there will not be quite as good this year. So for them stocks moving in exactly the opposite direction. Let's the trouble for Ford right now. A number of issues that I can use the hockey analogy got caught in a bit of a wine change with their product plan. You know, they have the oldest pickup truck on the market. Now, the GM and Fiat Chrysler new pickup trucks on the market knows. Everybody's big moneymakers. They're just getting the new explorer out so on the SUV's, which are very popular these days, but older in the couch. They they just don't have any really have products on the market. They have a bunch of new stuff coming, but it's not here yet. And that means, you know, sales are flat discounting a bit here, and there and also are behind the curve when it comes to restructuring General Motors took out are we so now if they're gonna take out more than fourteen thousand workers, the very unpopular move. It does save two and a half billion dollars this year and two billion dollars next year. So they got their cuts announced already taking cost out afford is still saying why we're going to take some out. We'll give you a detail with some going. We haven't done it yet. So investors don't see where Ford's revenues gonna jump. They don't think we're costs are going to come down to the global vehicle. Markets kind of flat. Decline or at least a week pointless cycle. So there's there's hope there. Whereas. Kurban managing the cycle, and you know, really getting their profits headed in the right direction. Now when you say Ford has some new things in the pipeline that's got to be exceedingly difficult for automakers. These days how do you have new stuff in the pipeline? When you don't even know where the auto market is necessarily headed doing they don't, but it to your point. It's a good question because it's really difficult for these companies to plan, right? They have to develop electric cars when the public isn't really buying them in big numbers. Just yet. It truly. Yeah. What your car sales have gone in terms of growth for each gangbusters in the past couple of years really needs is people like tesla. Everybody else's cars. Everybody has to develop because it is the future regulators wanted consumers eventually we'll want it. Just clear win. Yeah. The thing they have to develop a self driving cars. No one really knows. When those are even gonna work completely what they have to spend billions on that technology. And then you just have to keep spending money to develop equal to the core business. It's an interesting dichotomy for GM, for example, because a lot of money developing the Chevy, volt electric car was this money spent oughta money developing cruise automation, which is their self driving car unit. San Francisco it also loses wanna get revenue at the moment. But GM's core businesses made nine three years in a row is supposed to do the same thing again this year. So they have to spend money on this other stuff the technology, but the money's really made on their core business, and that is difficult to plan for when you don't know when the world's gonna turn on you without Thomas vehicles and electric cars. And you've got a lot of Detroit banning cars of for SUV's. And the way they think the market is going, but yeah. Not all carmakers are dropping cars. No. And it really comes down to look back in the nineties when SUV's got really big. The Japanese were still making good money on cars, like the Toyota Corolla, and Honda Civic and the Detroit companies made compact cars, for example, like the Chevy cavalier, and then it became cobalt. But they didn't they didn't really make money on them. The Ford Escort was replaced by the showcase again. Not a big money maker, sometimes many years, they lost money the champions are wasted well with these. So as the American car companies get out of sedans family cars, compact cars, the Japanese car companies see an opportunity to sustain that business. Get more customers can do pretty well with it. In North America. So that includes Mexico and Canada selling something like three hundred seventy thousand of the Toyota crew, you can profitably keep a plant running with that. No problem, they will sticking those businesses and the companies they've never really had good brands and successful franchises for small cars and family car or getting out of it. Bloomberg Detroit bureau chief David Welsh. Thank you very much. And that does it for this edition of Bloomberg daybreak weekend should us again. Monday morning at five AM, Wall Street time for the latest on markets overseas. And the news.

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