100 hours. so i think i ll get started right now. i m literally already in the game right now. so i ll get started with this. cnn this morning, more important, starts now. good morning, everyone. caitlyn is off. phil mattingly is here. where is your coffee? i can t get to it. that is the only safe way. i only bought you one that is not even the one control room the spillable one is even under that. impressive effort to make sure i don t screw up to day. phil mattingly, it s been a great week. let s get through three hours. let s get started with five things to know this friday, may 12th. title 42 expired at midnight. officials are bracing to handle tens of thousands of migrants in the weeks ahead. prosecutors say they re filing manslaughter charges against the man that choked a man to death on a new york city subway. sources tell cnn that daniel penny will turn himself in. and elon musk has chosen a ceo to head twitter. she currently heads up nbc universal s
Security adviserjake sullivan. Blinken told the Un Security Council on tuesday he would work with the Chinese Foreign minister to prevent the middle east conflict from spreading. But talks with china are also expected to focus on trying to solve disagreements other issues, including trade. Only this week, Tech Giant Nvidia said the Us Government has told it to stop shipping some of its advanced Artificial Intelligence chips to china immediately. The restrictions werent supposed to come into force for a few weeks. Its the latest move in the ongoing Technology Dispute between washington and beijing. Joining me now is anna ashton, us china director at eurasia group. Good morning to you. This meeting that sounds positive, but give us the latest on this trade war as were all coloured, especially when it comes to technology. I especially when it comes to technology technology. I mean, it is positive technology. I mean, it is positive in technology. I mean, it is positive in the technology. I
This came through in the early hours, a release for forward, not signed and sealed but it would seem tough negotiations have ended in an agreement. Good morning. Thank you for having me. This is good for the workers, this deal, because it is a 25 Wage Increase for workers, a Reference Point for the other Car Companies that are still striking and i think there is a lot of pressure to negotiate with workers and come up negotiate with workers and come up with a deal because the financial cost to the company to simply huge. We originally had the Third Quarter results from General Motors and they say the strikes so far have cost 800 million, a big hit in their profitability and the overall estimate for the strikes so far is nearly 2 billion. It is costing. Absolutely, they had to try to come to some agreement quickly. As you say, it was costing these car makers huge sums of money. Also installing production, impacting supply of new cars, at a time when the us economy is really trying to get
Markets have climbed since the start of the year boosting tech stocks. Also some robust earnings from the incorporates and hopes that the central bank will start to ease Monetary Policy this year. Just talk us through this rally. It is an auspicious moment, but what does it tell us about what is happening . It does it tell us about what is happening . Does it tell us about what is haueninu . ,. ,. , happening . It is a funny moment, you have not happening . It is a funny moment, you have got the happening . It is a funny moment, you have got the dow happening . It is a funny moment, you have got the dow jones happening . It is a funny moment, you have got the dow jones up happening . It is a funny moment, you have got the dow jones up 40,000 i have got the dowjones up 40,000 points, there are a caps on sale that you can buy that its a dell 40,000. They are selling for around 25 a hat right now. All of this for anindex 25 a hat right now. All of this for an index that represents about 3