Was made to turn over to the house energy and Commerce Committee and it appears gms Ceo Mary Barra knew more than she has been saying. Rich edson has been going through all these documents. Rich . Gerri, General Motors engineers knew about chevy cobalts shutting off inad vert antly a decade before they recalled dozens of these cars. That is what documents in the house energy and Commerce Committee showed. Engineer was writing aways very aware with inadvertent ignition office. The piece cost of the ignition switch went up 90 cents and 400,000 in tooling and almost 500,000 doll in volume. Another gm document showed the Company Already decided cost was too high. In report entitled, quote, cost estimate to change the vehicle key for the cobalt only, the author writes, quote, none of the solutions represents an acceptable business case. In other words the solution is too expensive that very report says a lengthy lead time cost and no guaranty their proposed fix would fully solve the problem
House energy and Commerce Committee and it appears gms Ceo Mary Barra knew more than she has been saying. Rich edson has been going through all these documents. Rich . Gerri, General Motors engineers knew about chevy cobalts shutting off inad vert antly a decade before they recalled dozens of these cars. That is what documents in the house energy and Commerce Committee showed. Engineer was writing aways very aware with inadvertent ignition office. The piece cost of the ignition switch went up 90 cents and 400,000 in tooling and almost 500,000 doll in volume. Another gm document showed the Company Already decided cost was too high. In report entitled, quote, cost estimate to change the vehicle key for the cobalt only, the author writes, quote, none of the solutions represents an acceptable business case. In other words the solution is too expensive that very report says a lengthy lead time cost and no guaranty their proposed fix would fully solve the problem. By last year, federal regul
Gold is trading back below 13 hundred and oil above 101 dollars as the traders fear unrest overseas could lead to supply problems. Amazon has plans for a free, advertising supported streaming service for tv and music. The news caused a 10 dollar sell off in netflix last night which streams movies. And a report says brookstone which is famous for upscale gadgets is preparing to file for bankruptcy. Trader Gary Kozlowski of united futures joins us on this friday morning. Good morning. Its been way too long since weve had you on the show gary. I feel the same way. Good morning to you. Whats going on with this tech trouble . Some of these momentum namesteslatheyre all starting to fall apart. Whats happening . Its not really a falling apart. What were seeing is a lot of the fund traders pulling back. This is the end of the First Quarter so we gotta keep that in the back of our mind. Come tuesday when the first of the month rolls around youll start to see people slowly creeping back in. One
Education landscape. First, we are opening the phone lines to ask for your ideas on the best way to improve education in the United States. Atents and students can call 202 5853880. Educators can call at 202 5853881. You can catch up with us on all of your social media pages on twitter. You can send us an email. A good Tuesday Morning to you. Taste of the backtoschool stories. Heres the front page of the richmond times. Local children in the richmond, Virginia Area head back to school today. The front page story ahead of the class, students head back to school. Sandpoint high school being highlighted in that story. The atlantic journalconstitution talked about the end of year testing. Here is the press telegram out of long beach and california. School uniforms still in style after 20 years is one of the headlines. New are being conversation on schools is being sought. There is an aim of encouraging more factbased National Discussion about the challenges of Public Education and possible
If we gave mammograms to every 22yearold woman in america, we wouldnt save any money. We would spend a lot money on mammograms and 0. 2 of 22yearold american women have Breast Cancer. We would have a lot of false positives as well. Just because you deploy a test doesnt mean you save money. We all have to die of something. Yes, you can extend life. Just because we live longer doesnt mean health care suddenly becomes cheaper. If you look at the countries with the longest life tha expectancy, they spend the most on health care. It is heavily arguable as to whether prevention saves money. A lot on theexpect fiscal side. We should do it because its better medicine. I would endorse that. Many years ago, kaiser did a study of screening. That didnt pay off. The argument for prevention, very good premiums. Every good insurer knows that. If you had targeted Breast Cancer for people and their history it could save money. Overall, i totally agree. Everything ive read suggests that to accept people