The company should remain american owned. the company should remain american owned. I could not auree american owned. I could not agree more american owned. I could not agree more with american owned. I could not agree more with president l agree more with president biden. Us steel should remain american owned and american operated. And i will always have the back of america s steelworkers. Have the back of america s steelworkers. have the back of america s steelworkers. ,. ,. , steelworkers. The showdown with owerful steelworkers. The showdown with powerful unions steelworkers. The showdown with powerful unions the steelworkers. The showdown with powerful unions the automaker i powerful unions the automaker which employs around 680,000 staff are struggling with passenger car brand. Profits are getting squeezed amid the transition to electric vehicles, and a consumer spending slowdown. A four day conference to attract foreign investment to russia is about to begin in the
I could not agree more with president biden. Us steel should remain american owned and american operated. And i will always have the back of america s have the back of america s steelworkers. It is all at risk because of donald it is all at risk because of donald trump with a stroke of a pen he donald trump with a stroke of a pen he could get rid of all of this pen he could get rid of all of this and pen he could get rid of all of this and you think this guy gives this and you think this guy gives a this and you think this guy gives a damn about your pensions? he s not losing an instant pensions? he s not losing an instant of pensions? he s not losing an instant of sleep over it. Do you instant of sleep over it. Do you think instant of sleep over it. Do you think he cares about the work you think he cares about the work you you think he cares about the work you do every day how hard it is? work you do every day how hard it is?. , u,. ,. , it is? you can find out mo
That position mirrors that ofjoe biden, who said back in march that us Steel Corp should remain a domestically owned american firm. Us steel it should remain american owned and american operated. In other News Volkswagen is considering Closing Factories in germany to cut costs. Its an unprecedented move and sets up a showdown with powerful unions. The Auto Maker which employs around 680,000 staff is struggling with its passenger car brand. Profits are getting squeezed amid the transition to electric vehicles and a consumer spending slowdown. A four Day Conference to attract foreign investment to russia is about to begin in the countrys eastern most major city vladivostok. The eastern economic forum is into its ninth year. Last year, more than 40 Billion in new agreements were signed, with 7,000 delegates in attendance. The largest contingents came from china, India And Southeast asia. Professor 0ng Kian Ming from Taylors University spoke to us about the importance of The Forum. Russia
Good monday morning. Im Carl Quintanilla with jon fortt. The dow puts together the first intraday high in nine months, processing the election, putting closure, perhaps, to that but obviously the big news of the day is out of pfizer and this potential covid19 vaccine once again, well start the hour with meg hey, carl this news that pfizer and german partner biontech provided 90 efficacy in the phase three trial providing hope this is the first vaccine we have seen results from the results are limited. They just the independent committee took a look at the trial. They found 94 confirmed cases of the covid19 in the trial and they found a difference in the Placebo Group and the vaccine group. They also said they saw no serious safety concerns in the trial. Theyre going to he mass two months of safety followup which for half the people in the trial getting their second shot which will take them into the third week of november that is next week after which time they will file with the fachl
Chances of a compromise look slim. And trump says he will leave the wine house if joe bidens is confirmed by the Electoral College but says he may never concede. Good morning to you. Happy day after thanksgiving, it is black friday. We are seeing different sentiments. We saw Global Equities gain but sentiment is subdued. S p 500 futures flat. America comes back online after thanksgiving. We see money moving into the treasury markets down more than three basis. Money moving into havens like the yen. Up against most major peers. Wti taking a leg lower. 44 in that handle. Outputama going into the production meeting monday. Iraq, uae, they do not want to resume sales. Potentially drama. I want to show you the fantastic chart on the terminal if we can switch up the boards. Global stocks, even though they market, theyin the are on track for the best on record, up 13 . Best month on record since we have been tracking the data since 1990. We are seeing exuberance in the Global Equity market bu