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13 people are dead allegedly because they drove gm cars that had a problem. Now the head of General Motors is on capitol hill to answer why. She is set to testify soon concerning the ignition switch recall. Libby casey is in washington. Give us a break down of what we might expect to see and hear today. Well hear from gms ceo, mary barra. She is a Second Generation gm employee, and her written testimony was released yesterday. She plans to. A ol guise for what happens, and also the fact that it took gm a decade to recall the vehicles with the ignition switches. They have hired a prosecutor to independently look into when things were known and why it wasnt revealed. They also have created a Global Vehicle safety supervisor to oversee safety. And work with customers to give them replacement vehicles while they get their ....
Appreciate means you want to be more cautious about buying Multinational Companies whose profits weaken when the dollar goes up. Reporter so far the tugofwar playing out hasnt been enough to derail this rally. But experts on wall street caution that even the strongest markets face headwinds. It would be completely irresponsible not to expect some sort of volatility, you know, within the first half of this year. But theres a soft floor for equities, and any discount like that presents a buying opportunity. Reporter for nightly Business Report, im jackie deangelis. Lets delve deeper into the rally and get a pulse of the individual investor. Brian belski and john sweeney, heads up Retirement Services for fidelity. Welcome to both of you. Mr. Sweeney, let me begin with you. I know you have a survey that youll ....
Probably will take a little time getting to know him. He is innately shy. They will be impressed by his deep, spiritual approach to all things and his deep tenderness in dealing with human beings. His quiet kindliness hes authentic in all things that he does. Getting background on the new pope, he is the very first in history to choose the name francis. And many people assume he chose his name after st. Francis of ass assisi. But it could have also been for st. Francis xavier, the founder of the jesuits. Pope francis is the first jesuit pope and the first noneuropean pontiff in more than a million. A special mass being held in honor of the new pope. The San Francisco archbishop leading mass at st. Marys cathedral on the assumption at gough street this afternoon. Well have continuing coverage of the installation of pope francis. You can watch and read all about it and other celebrations both right here on nbc bay area and all around ....
Appreciate means you want to be more cautious about buying Multinational Companies whose profits weaken when the dollar goes up. Reporter so far the tugofwar playing out hasnt been enough to derail this rally. But experts on wall street caution that even the strongest markets face headwinds. It would be completely irresponsible not to expect some sort of volatility, you know, within the first half of this year. But theres a soft floor for equities, and any discount like that presents a buying opportunity. Reporter for nightly Business Report, im jackie deangelis. Lets delve deeper into the rally and get a pulse of the individual investor. Brian belski and john sweeney, heads up Retirement Services for fidelity. Welcome to both of you. Mr. Sweeney, let me begin with you. I know you have a survey that youll ....
It ended at 14,539. The nasdaq added 14 and the broader s p 500 gained almost 9 points, and its now just 2 points away from its own record high close. There is some concern that the rise in the markets may have been too high too fast. And this could be the start of a market bubble. But newly installed treasury secretary jack lew tells Steve Liesman not so. The analysis ive seen doesnt give me reason to be worried right now. Well have more of steves interview with the treasury secretary in just a few minutes. As the dow hits unprecedenteded heights and the s p 500 nears its own peak tantalizingly close to it, theres a battle below the surface that could determine which way stocks go from here. Jackie deangelis explains. Reporter the bulls are at it again. Another day, another alltime high for the dow. But despite the impressive run, theres an underlying tugofwar being played out in the u. S. Economy. We had a couple of huge risks ha ....