On the u. S. China trade war. Steve theyre doing it as they recognize that the shortterm in china kind of remains with policy adjustments, but theyre borrowing from their future. Jason more on that conversation later on. Lets begin with the cover story. Its all about general motors. The ceo is eyeing a tech future, but her most pressing issue right now, she has a lot of workers on strike. Carol . She does and thats one of the deep dives into wellknown Global Companies in this weeks issue. Heres joel weber. Joel maybe youve heard of them, going through a bit of a labor strike right now, with a strike for strike in 12 years. But theres a bigger story. Thats what our cover story is about. Jason why now . Better to be lucky than smart, maybe, but youre very smart to deep dive, but nobody saw this coming. Joel we did a couple weeks ago. But is not about the strike. It provides a convenient news hook. We talk about strategies a lot and this is a strategy, a ceo trying to pivot her business a
Steve theyre doing it as they recognize that the shortterm in china kind of remains with policy adjustments, but theyre borrowing from their future. Jason more on that conversation later on. Lets begin with the cover story. Its all about General Motors. The ceo is eyeing a tech future, but her most pressing issue right now, she has a lot of workers on strike. Carol she does. And thats one of the deep dives into wellknown Global Companies in this weeks issue. Heres joel weber. Joel maybe youve heard of them, going through a bit of a labor strike right now, with a strike in 12 years. But theres a bigger story. Thats what our cover story is about. Jason why now . Better to be lucky than smart, maybe, but youre very smart to deep dive, but nobody saw this coming. Joel we did a couple weeks ago. [laughter] but is not about the strike. It provides a convenient news hook. We talk about strategies a lot and this is a strategy, a ceo trying to pivot her business and her Business Model and staff
Data check. Stocks them to be advancing. Dollar, treasuries, both slipping. The dollar is edging lower and treasuries are rising as janet yellen said she will step down when her term ends in february. I also wanted to talk to you about the turkish lira, you can see it at the bottom of your screen. It hit a record low against the dollar. We will get plenty more on your market moves. Now, lets get straight to the bloomberg first word news. Sebastian u. S. President donald trump is designating north korea a state sponsor of terrorism. The regime to additional sanctions. North korea joins syria and the sedan on the u. S. Terrorist list. This will impose sanctions on north korea and related persons and supports hour maximum Pressure Campaign to isolate the murderous regime. Sebastian janet yellen has said she will step down from the board of governors wants her successor is sworn into office. It widens the scope for donald trump to shape the Central Bank Leadership for years to come. Jerome
Well talk about banks and glencore. And the deputy leader of Angela Merkels party. If you have any questions for any of them, you can send them to us by the ib function. Use tv go function and click on ib show functions. Be sure to do that. First of all, this is what the data is telling us. Stocks are dropping on the final day of a good quarter. This is the picture overall for global stocks. It is what i would call a blockbuster quarter. Investors seeing little reason to take shares higher amid a little bit of political and economic uncertainty. We are expecting a News Conference from the finance minister of south africa. I want to show you rand. 1346. 29. The vix index a touch side. Astian south koreas former President Park has been arrested on bribery charges three weeks after she was ousted. A Court Granted the warrant citing concern that park could destroy evidence. Park has denied wrongdoing. U. S. National security adviser Michael Flynn is willing to be interviewed inquiring into
Welcome back to the overnight rodeo. Yes, the hours are great. Im in for paula faris who is on assignment. Weve been talking about the snowstorms and the tornadoes. Yes, theyre back in the christmas forecast. Well have more on that. Also this morning, the debate over gun control and the direction it is taking, as newtown attempts to observe christmas. And why retailers are experiencing a slump while procrastinators are looking for lastminute christmas deals. Experts say waiting to buy may have benefits that you may not have considered before. So this is a great story. The slowness may be worth it in the end. As long as you wrap it and dont give it in the plastic bag you got it from shopping in. No promises on that front. Later this half hour, make or break time for your favorite nfl teams. You know rob is watching all the games. Well see how the season is shaping up. Willis, how did the giants do yesterday . How did that game turn out . Okay. Im just curious. I dont hear anything today