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On automation, the union boss has been warning dock workers that their jobs could be replaced by machines. In response, that us maritime alliance says it is offering to keep the current ban on fully automated equipment. A strike could cost the us economy $5 billion a day according to jp morgan analysts. A range of goods flow through the east and gulf coast ports. Everything from raw materials and pharmaceuticals, to clothes and toys, with the ports accounting for more than half of containerized imports. While consumers may not feel the impact of the strikes right away, if it extends for weeks, it could lead to shortages and high prices ahead of the presidential ....
The cow up 197 points, posting gains for the sixth straight day. the s&p rose 25 points. the nasdaq closed 65 points higher. in a flashy new video, tesla ceo elon musk teased a partially covered mystery car and showed off their planned second generation roadster. the video comes on the heels of a contentious earnings call and a series of production woes for the automaker. that s it from cnbc, first in business worldwide. now back to mtp daily. today, democrats on the house intelligence committee released thousands of facebook ads linked to russia. the ads show how the kremlin backed research agency tried to influence elections. like this page from the post stop all invaders. it includes a clearly photo ....
Morning following christie. so, it is troubling for him as he tries to get back to business as usual. not only as new jersey governor, but as the chairman of the rga. michaela, george? a lot of eyes, a lot of attention on chris christie. paul steinhauser, thank you so much for that report. alison kosik now joining us live with a look at the markets. and good morning. european markets are higher as the world waits to hear from federal reserve chairwoman janet yellen. she s going to be testifying before a house committee today. london, france and germany all posting gains. hong kong jumped more than 1.5%. and it looks like the u.s. stock market is going to follow that pattern. ah, yes, but things could change on a dime if the new fed chair gives any clues about veering away from easing the fed s stimulus program. when she s on capitol hill later this morning, she s expected to be asked about the weak jobs data that came out last week and how it may affect the central bank s decisio ....
The nation s top automakers posted strong gains for the month of november. analysts say it is likely part of the gains are due to what we saw with hurricane sandy and so many cars being ruined. ford, gm, chrysler all posting gains in sales. is this a trend that is going to land? gene jennings, president, editor-in-chief of automobile magazine and you re a good person to talk to about this, jean? is this one-off, one month of november, maybe december affected by hurricane sandy or is there something else going on in car sales? i don t think this is a real short term. i think this will go on for a couple of months anyway as long as the economy holds. right now obviously hurricane sandy had some effect, like a quarter or so million cars were taken out but the estimate of cars that were purchased, mostly affected vw by the way. they really had big gains because that is their biggest market. some analysts say 60,000 cars were purchased in the ....
together. tonight, a shocking ad campaign insulting american jews paid for by the government of israel. christmas. but up first tone the dramatic reshuffling of the race for president and a rare inside look at the focus groups used to help with the strategy decisions. suppose you re herman cain, trying to decide whether your candidacy can survive, or newt gingrich testing whether your rise in the polls can sustain tough scrutiny now of your record. who is newt gingrich? grandfather. grant father. who else? my uncle joe. your uncle joe. who else? it would be my favorite uncle. you know, he speaks boldly, positively but softly at the same time. anybody else? grant father. yeah, he might be that uncle but he d keep bringing in different wives. plenty to go around. okay. more from that focus group in a moment. but those first, why those impressions of gingrich, former massachusetts governor mitt romney matter so much right now. cain is at hom ....