Hello, and welcome. Efforts to secure a ceasefire between israel and hamas have suffered another setback. The Israeli Security cabinet unanimously rejected a truce deal put together over recent days by u. S. Secretary of state john kerry. Kerry and u. N. Secretary ban kimoon have been in cairo for talks with egyptian foreign minister concerning the deal, and they have just been speaking in the past few minutes. Kerry says it is time for both sides to come to their senses and end weeks of deadly conflict. The u. S. And u. N. Are both trying to broker a ceasefire. Secretary of state john kerry and u. N. Secretary ban kimoon have been in egypt, meeting with representatives of the warring parties. Correspondent tom dale is also there. Give us details of the proposals on the table in cairo. The proposal, the oneweek period from sunday, they would be a ceasefire, except israel would be allowed to continue military operations for the purpose of destroying tunnels. And the second government pr
First time since november but settled just above that. Road map begins with the dow looking to work back its worst week in over two years. Caterpillar results beating estimates. The Company Announcing a new 10 billion stock repurchase program. Cisco slapped with a dow downgrade by jpmorgan. Apple slated release results after the bell today. Well preview how the allimportant holiday sales season has impacted its quarter. First up, stocks are looking to bounce back from a rough week which ended with the dow 318point selloff on friday. The s p coming off the worst weekly percentage loss since june of 2012. This, on worries about emerging markets and concerns that may further scale back stimulus at the fed meeting beginning tomorrow. Turkey has an emergency meeting planned tomorrow. Turkish lira, one were watching. You said on friday, jim, when panic is in vehicogue, everybod wants to join in. Theres typically a big downturn in gdp, im not saying that religious versus nonreligious should b
And were going to talk to former mayor Rudy Giuliani about that and the closing of Charter Schools and whether president obama is tough enough on russia. All that and more coming up on the kudlow report beginning right now. Good evening, everyone. Im larry kudlow. This is the kudlow report. Its 7 00 p. M. Eastern, four pacific. Were live. Our first big story tonight is a criminal investigation into General Motors handling of a recall. That news sent gm shares down 5 today. Phil lebeau joins us now on the phone to give us the full story. Good evening, phil. Good evening, larry. This is a tough day for General Motors. You mentioned there are now two more investigations the company has to deal with, the latest coming late this afternoon. Word that the new york office of the u. S. Attorneys office is investigating a criminal probe into how General Motors handled the recall of 1. 6 million vehicles. We dont know all the questions that will be involved in the investigation, but it basically
Construction, wholesaling and retailing. The latest number is 111. 2. This is higher than forecast. The market was around about 110. 5. The number is certainly improving. This after that drop that we saw back in march. 110. 7 is what we had. The pull back was related to the sanctions and also in relation to a strong number in february. Some people thought this was a natural correction that was starting to happen. Efo says theres no revision to that march number as well. This has been the reaction in euro dollar, a positive tick higher for the currency. Theres a key speech coming up later today by mario draghi which could further move the currency today. Alston shares are soaring despite the company denying reports that General Electric is seeking to acquire the firm for 13 billion. A spokes pernl says alston is, quote, not informed of any public offer for their the firm the firms sh bouygues is also up 4 . Lets go out to stephan. They are not aware of any offer, however, it doesnt say
Novel coronavirus or covid19 hour by hour as we work to help americans understand the facts about the outbreak, the scope and the risks. At this moment at least 849 cases have been confirmed in 36 states and the district of columbia. At least 27 people have died in the United States, most of them in Washington State. As the illness spreads, live in this nation is changing in multiple ways. More universities across the country including american university, harvard, ohio state, are canceling classes and moving to online instruction. Several airlines have announced deep cuts in domestic and International Flights as people are discouraged from traveling. First lets start with erica hill in new york. Erica . Jake, good afternoon. As you mentioned, these numbers jumping. It seems almost as quickly as we report them, the numbers change as more states report back. We are now at 27 deaths, as you mentioned. One man in new jersey is the first death in that state, a 69yearold man who didnt have