Jamie toss to johnny were following breaking news in fall church. A manhunt happening breaking news in fall church. A manhunt happening right now, after a driver shoots at a police cruiser, then takes off. This all happened on georgetown pike near Rossmore Court thats where our ryan hughes is live this morning. Ryan . President trump begins his first full week on the job new round of executive orders. Expected first on the agenda orders to reverse restrictons on carbon emmissions. Changes in immigration policy. And taking action on nafta the north American Free trade agreement. A ceremonial signing is set for this morning. And also on trumps public schedule for today. Separate meetings with corporate and union leaders. An intelligence briefing. Lunch with Vice President mike pence. And tonight, a meeting with bipartisan congressional leaders at the white house. On the hill today the senate is set to vote on two of the president s cabinet picks, including secretary of state nominee rex
Until he got on the board that he tried to leave the company in a position to recover starting with securing that Financing Deal last week. He told me he thinks they have excellent management and now an excellent board and that the investment was simply taking too much time that if shares could double t wouldnt move the needle enough to remain in the stock. Our josh brown was up tweeting about what he called the valeant depockal. What do you make of this story as we watch it unfold . Anyone who runs money will tell you the market gods do not like it when other traders take joy in the pain or the misery of someone who has just blown up or had a bad trade. I feel people who are in it and im sure they will be fine and it is a really, really bad loss. It is a debacle of a stock. It has been for some time, but, obviously, thats accelerated. Some will say as we look at this and ackman told me yesterday he didnt understand the issues at valeant and others say the writing was on the wall and i
Manufacturing jobs back to the United States, as General Motors makes a major announcement this morning. For all of that, well turn to phil lebeau, who is in michigan. Good morning, phil. Reporter good morning, carl. Well talk about that gm announcement in just a little bit, but youre right, President Trump you can see the banner behind me its buy american, hire american. Thats the theme hell be hitting today. But hell also be talking about his administration moving to change the fuel economy standards law for the rules going into effect for the future. Let me show you this wall, which shows where fuel economy is h d headed between 2022 and 2025. Now, these standards were locked in by the Obama Administration back in 2011. You see the dramatic increase between 2022 and 2025, when the industry is expected to hit an average of 54 1 2 miles per gallon. Well, now President Trump has eventually said, look, were going to revisit these rules with a review in 2018. At the end of the Obama Admi
Gave that interview about whether his comments opened the airline to more legal liability or not. How is that being received . Move out of the way here. Now we have dr. Daos daughter coming in along with the two attorneys. Theyre going to go up here in front of the reporters. Carl, i think everybody realizes that for united, theyre going to have to reassess everything not only legally but in terms of their procedures and theyve already promised that. There you see dr. Daos daughter sitting down as well as one of the attorneys representing him. And we expect this to begin momentarily so ill let them begin talking, and well go from there. Well tap dance just for a couple minutes. We did talk to bob crandall earlier and made broad comments about overbooking policy. Lets listen to this press conference. Good morning, ladies and gentlemen. My name is tom. This is steve. And this is crystal pepper at the end. Steve and i have the honor and responsibility to represent dr. Dao and crystal is o
Good tuesday morning. Welcome to squawk alley. Jon fortt has the morning off. Dow is down almost a hundred. Almost all of that is gold aman and j j. The president expected to sign an order today. Hell tour the factory in wisconsin. The order targets loopholes in rules requiring Government Agencies to buy american. The Administration Says there are too many waivers in those rules tucked inside the free trade. The move is praised as a smart step. Second part of the order deals with immigration directing Government Agencies to root out immigration fraud and the white house also wants to move away from using a lottery to help decide who gets an h1b visa. Tech ceos have pushed back on this issue. Bill gates, elon musk have been discussing this with Jared Kushner and the message to the president on h1b, mend it, dont end it. Back to you, carl. Well come back to you for more. Todays order will have ripple effects across the economy including some of the biggest tech firms in Silicon Valley. P