Hearing at 9 00 p. M. Eastern on cspan, cspan now, our free mobile video app, or online at cspan. Org. Cspan is your unfiltered view of government. Were funded by these Television Companies and more. Including mediacom. At mediacom, we believe whether you live here or here or anywhere, you should have access to fast, reliable internet. Thats why were leading the way in taking you to 10gsks. Mediacom supports cspan as a public service, along with these other levision providers. Giving you a front row seat to democracy. N bomey is with us. He is this this reporter and axios coauthored. He is here with us to talk about the United Auto Workers to strike, entering day 5. Welcome. As the strike continues in detroit, when is the latest on negotiations . Guest they are still far apart. The uaw last nighteaned to expand the strike on friday if they do not make serious ss with ford, general motors, and stellantis. District started friday. The uaw is asking for a wage increase of 36 . Automakers
Nasdaq indicated up by 1. 2 for the week to date for what we have seen. Look at the treasury market. You see treasuries here with 10year treasury at 2. 3 . Wti climbing above 90 a barrel. Right now, 90. 43. Of course, we have seen big news in other places. New overnight, positive data on china recovery overnight. Retail sales raising 4. 6 in august. The Unemployment Rate ticking down by. 10 . Chinas Central Bank Cut a shortterm lending rate one day after it lowered the reserves the commercial banks need to hold against deposits. That will free up funding to lend to houses and businesses sdpbusinesses. Im happy we have this guy around. Phil lebeau. It he iis interesting, the phil. You are in detroit. I saw you talking to one of the guys earlier. This is very interesting today. Especially where we have you perched. Reporter joe, it will be interesting to see how long the strike goes. Maybe a week or two weeks or looking at something extended out over seven or eight weeks. That remains to
1. 1 decline. An improvement in factory orders. Uring the month if you exclude transportation, an increase of half a percent into an improvement. Either accounts and improvement here. Erik thank you very much. The latest on the economy, or at least Economic Data from julie hyman. A look at what is taking news this morning. Scheier making an unsolicited bid for this monopoly in hopes of a company focusing on diseases. 30 billion in stocks. 30 ier says it represents premium and values. There is no deal imminent right now. Scheier says they have declined discussions over the proposal. Spun off by Baxter International just last month olivia . Team Health Holdings expanding its reach in the medical field. 1. 6all caps deal is worth billion dollars. The deal represents a premium of 37 over ipc Closing Price yesterday. Team health says it expands its ability facility and doctors. Be results. One dollar 22 cents per share, 32 cents better than estimate. Sales in line with x dictations driving
To the sierra. Here is new video from interstate 80 this morning. If you plan to drive up, bring your chains. Right now chains are required on parts of interstate 80. The snow is welcome news for a lot of ski resorts. They are expecting have their final runs this weekend. However, mt. Rose near reno they announced they are extending operations through may. High surf advisory is in effect at bay area beaches today. Some spots could see waves as high as 6 feet. Officials remind us during the advisory not turn your back to the ocean. 7 01. Lets go to steve paulson. You took care of the weather right there. Back to you. Yeah. The word for the ancient is petracore. There will. You yes. There will be a quiz birkes the way. Its clearing out fast. How fast . Really fast. Like there it goes. Its gone. Laura kay said a nice rain in moraga lost night. 13. Clear this morning. People waking up saying, what rain . Occidental halfinch rain. Larkspur halfinch of rain. Kent field, sleepy holly a quarte
Well have the numbers the moment they cross and the best analysis in Business News. Of course we are waiting for president obama during this hour to speak at the white house. Set to speak about his request for congress to authorize money and power to fight isis abroad before they infiltrate the United States. Well bring you, of course his comments live as soon as he takes the podium. Lets have a look at exactly where we are on the markets right now. The dow at its lows was down 109 points. Its quite a strong comeback although i guess for your Broader Market the s p still negative for now the third time in four sessions. We keep trying to make a hit at 2,068 and keep failing on that. Were five points higher than our recent range. The nasdaq is higher. This is the third decline in four sessions for the dow and the s p 500. Okay. Lets bring in our contributing panelists today. They include Keith Fitzgerald from money map press, Jack Bouroudjian with us from index Financial Partners jeff r