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Stephanie elon musk almost sold the electric car company to the internet giant. It is monday morning here on Market Makers. Im stephanie ruhle. Matt Erik Schatzker is upstairs moderating a panel was some of the worlds top bankers. Stephanie you were on my seat on friday. Matt it was quite comfortable. Stephanie i was interviewing the one and only mary j. Blige. Matt im going to kick it off with the tough stories we are following you at home in china the government has taken another step to try to start the economy you it cut the amount of money leonard should set aside before the start of the financial crisis. Today last week china reported its lowest Economic Growth in six years. A chinese stocks were down anyway today after regulators moved to cut the leverage trading levels there. Once the fourth two steps back. The g ....
Sure, maria. Well, tell us, what happened first yesterday at final mediation talks . Was a deal ever close . You know, the judge has a gag order. Hell have my head if i talk about what went on during the mediation, but i think that he wanted to make sure that he did everything in his power to try to find a deal, if there was one to be found. You know, i appreciate the fact that he went through that effort. I was hopeful, but i think realistically that was going to be a tough thing to pull off. How much of an implication it was the fact the union leader did not show up to those mediation talks . Well, the leader of the bakers union sent his second in command to the meeting. I think that part of what we needed to sort of focus on is the hole thats been created by the strike and the financial damage from that strike and our inability to produce at some of our critical plants. Really just created a brand new hole that was too large to fill. Bankrupt companies dont have a lot of margin for ....
Or not . And more private Companies Say their businesses with the government are already forcing them to layoff and furlough workers due to the Government Shutdown and the warnings are getting more dire about what we might see next week. All of that straight ahead. Tyler is out this week. Bill griffeth is joining me today. Hello, sue. Coming up, john harwood is speaking to the president exclusively in a couple hours. We will air on my show at 4 00 eastern time on closing bell just under three hours from now. John at white house to give us a preview on whats on your agenda. A lot of people are talking. There is a lot of conversation going on. The president s been meeting with bank cease, jamie dimon, lloyd plablankfein, people like that, members of congress, top four leaders in both parties coming in later this afternoon and appears that were beginning to get in a zone whe ....
This victorias secret star balances it with an ad director. I am Erik Schatzker. I am flying solo today. Stephanie ruhle is off, getting a long weekend out of it. Beenobless rate has not this long since october 2 thousand eight. Once again, it is not necessarily a positive. Welcome back. Theome back to figuring out jobs report. Michael mckee is here with the highlights of this mornings data from the labor department. I hope youre not here to tell me this was a good report. I do not believe it. Were going to agree to disagree. It was not a great report but not a terrible report. I would take issue of your characterization of it as that. It is only the establishment number that came in much lower than expected. We did we did see a job and the Unemployment Rate. We see more people getting jobs, 638,000. Whether you believe that are not. A big change in the household survey. W ....
Bad as democrats, all right . How to turn poverty into prosperity if such a thing is possible. All of those stories and more coming up on the kudlow report beginning right now. Good evening, im larry kudlow on the kudlow report. Today is the best day of the year so far for the dow. Lets go over to the Bertha Coombs with all of the details of todays big rally. The one and only kudlow. You can see a lot of black and green. The dow and s p and nasdaq up 1 . Powered by strong earnings results. Earnings so far having been reported, earnings are up 9. 5 for the quarter, it being looks like. Revenues only up 1 and thats part of the problem. Meantime, though, blockbuster earnings today. Disney helped power the dow higher gaining 5 on the day on an earnings Beat Estimates it had strong growth at espn and frozen its animated picture, much better than expected performances at the box off ....