Multiple occasions, sort of a cockroach that sort of lived on. I hate to use that to describe a company thats out of business. It was bailed out on multiple occasions. It received a 700 million loan from u. S. Treasury back in covid. We were trying to protect jobs. Were looking at a situation where those jobs will not be replaced. Teamsters jobs are not coming back. The Trucking Industry has largely moved away from unions with the exception of ups and we only have two other National Union carriers that have that are around. Those jobs are not coming back. One thing to point out, everybody talks about the 700 million loan. The teamsters got a pension bailout of 36 billion from biden in january that really protected the pensions. Theres a lot of teamsters that talked about losing their pension. The reality is, the pension is saved but the jobs are not. Cheryl wow. Craig fuller, fascinating. Thank you for that interview. We really appreciate it. Thank you for perspective. Thanks for havin
Futures, well, to the downside on this first trading day of august ahead of a big week of earnings and economic data. Dow component caterpillar out before the bell along with pfizer, jetblue, uber and marriott, all the numbers as soon as they hit the tape this morning. Jobs on tap this week with the july adp report out tomorrow, the july jobs report comes out on friday. Taking a look at european markets, we have red across the board. The ftse, cac 40, the dax are in the red. To asia overnight, markets mostly higher in that region as you can see, the kospi in korea up better than 1 and a third percent. And selling the biden brand, a bombshell testimony from Hunter Bidens former Business Partner, devon archer. House oversight republicans say he added to the growing evidence that then Vice President biden was involved in his sons overseas business dealings, selling access to the, quote, d. C. Brand. Democrats say they only talked about the weather. Joining the conversation all morning lon
Charles happy birthday Ronald Reagan, something tells me if you were around today you would not be celebrating, welcome i am Charles Payne in for are for neil cavuto, Ronald Reagan was born 102 years ago from today. Boy things have changed since then. Democrats are moving to push top rate more and government bigger, if reagan were alive today, he would be horrified at both parties, author of upcoming book. The corruption of capitalism in america, he is joining me, david, thank you for your time. David stockman. Lately over last couple years, you have become something of a person who says pox on both houses, im finding it hard to pin you down, you seem to be upset and angry about almost everything going on with everyone involved. Why . I think weve drifted 180 degrees from where we started in 1981, and where i think Ronald Reagan was trying to take us. In the end he didnt make much progress and failed but he had three principles which are solid. Number one, sound money. Number two, fisc
Charles happy birthday Ronald Reagan, something tells me if you were around today you would not be celebrating, welcome i am Charles Payne in for are for neil cavuto, Ronald Reagan was born 102 years ago from today. Boy things have changed since then. Democrats are moving to push top rate more and government bigger, if reagan were alive today, he would be horrified at both parties, author of upcoming book. The corruption of capitalism in america, he is joining me, david, thank you for your time. David stockman. Lately over last couple years, you have become something of a person who says pox on both houses, im finding it hard to pin you down, you seem to be upset and angry about almost everything going on with everyone involved. Why . I think weve drifted 180 degrees from where we started in 1981, and where i think Ronald Reagan was trying to take us. In the end he didnt make much progress and failed but he had three principles which are solid. Number one, sound money. Number two, fisc
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