Steve cohen had to say about markets and a. I. , especially. Plus, it is a pivotal day for disney. The companys battle with nelson peltz is set to conclude at its annual meeting. That is set for this afternoon when we will get the vote totals. And tomorrow, 9 00 a. M. , right here, dont miss an exclusive with bob iger. Is it right here or out there . Its out there. Its out there. I will be going out there, hoping that the high winds that are blanketing the area wont prevent my travel to see mr. Iger. And by the way, just to make a point here, this is not saying anything one way or the other about the vote. Hes going to do the interview either way. Huh. Okay. Okay . Is that okay with you . Well, id be more inclined to do the interview if i won. I think thats his expectation and or disneys as ive been saying all along, at least. They have had a lot of confidence they will win. But you wanted to make it clear that it is not do you share that confidence . I do. The reporting i have been ab
Today we are here to discuss the stakeholders Corporate Average Fuel Economy Program at the national Highway Transportation Administration in the Greenhouse Gas emission standards at the us epa agency that governs fuel economy standards. This program was established by congress in 1975 and the goals of the program are to improve vehicle economy, reduce Oil Consumption and secure the Nations Energy independence. The program has undergone major changes and modifications the past four decades both because of political and economic forces. Less than ten years ago and on top of the program the epa was created with the device more efficient vehicles that will use less fuel and less corporate backside. In addition various states have enacted their own standards with respect to automobile admission. The combination of these departments is created and incredibly compensated regulatory scheme improving fuel efficiency and achieving Energy Independence is an important goal. Realworld backs and da
The United States triple a status could be soon be downgraded because of the debt ceiling gridlock. Stock were on a roll but stumbled yesterday after the house the dow fell 133 points, the nasdaq 21 and s p slipped 12. Gold edged up 3 and oil down a buck 49. In earnings after hours intel beat wall street estimates but failed to confirm growth in the 4th quarter. Yahoo topped earnings by a penny on revenue that was just barely shy of expecations. A Financial Times report says amazon is creating a smartphone with htc. And twitter chooses the New York Stock Exchange over the nasdaq for its ipo. Alan knuckman of trading advantage joins us now. Alan, you are watching the d. C. Drama. Good morning to you. What does the market think . Actually thats the only thing we want to focus on. Focus on what the markets telling us. Opinions and peoples emotions dont matter. You dont make money predicting events. You make money predicting where you think the markets gonna go and using good risk reward a
As Vice President going to the d. C. Auto show just for fun. He really likes vehicles. The electric vehicle push at the Auto Industry has been a central focus of the administrations push towards reducing emissions and meeting climate goals as well as trying to boost u. S. Manufacturing. A lot of what he will be talking about is a big jump in the number of battery plants, joint ventures between Auto Companies and battery cell and you factures to build those batteries for electric vehicles. I think the message is going to be the vehicles are more expensive but ultimately they see the vehicles as a solution for high gas prices. People to a to go to the gas pump and they can recharge their vehicles for much less. Of course they are still more expensive and they are still relatively few for sale outside of tesla. What he is going to see is the Detroit Companies making billions of dollars in investments to rollout of lot of a plot of new versions. The ford f150 lightning has been on sale for
The crash happened on the last lap of the series race. Brit mchenry and following the story. Amazingly, no one was killed. That is the bright side. The video nascar had to take down. The debris went flying into the stands after one of 10 cars went into the air and smashed into the stands. The violent crash came on the final lap of the nascar nationwide series race. That is rookie kyle larsons car going airborne. The front end of his car ripped off, a piece of the burning engine and and launched into the offense. Luckily i was all right and could get out of the car quick. Remarkably, the ten driveres deval were ok but more than two dozen suspects two dozen spectators were injured. We had the appropriate person now in place and transported individuals that need care off property. The chaor began when reagan smith may move to block coming into the final turn. I made the move, he blocked it than that started a chain of events that caused that wreck. Tony stewart slipped by for the win. Rep