those are all things gm has really built some core competencies around, and once again, tesla and gm may put the same car on the road, but gm is focused on the entirety of the experience, all the way from their own management of supply chain, where they don't feel they have to invent everything they don't have to have all the sensors and circuits, but they focused on the core things about consumer safety, consumer experience, and at the end of the day, gm has paid more attention to the human and tesla's paid more attention to the brand. and in the long haul we think that gm is going to be able to deploy their proprietary positions, where tesla is really relying exclusively on their brand exposure and hoping that brand momentum carries them in a distance that, i think, is going to run into headwinds. >> i'm just going to play devil's advocate for a minute, david, on the last point you made about the brand gm might have been looking at electric vehicle technology back in 1993, but why didn't it develop an electric vehicle back in the 1990s and it really has become tesla that's sort of

gm is as good as any. >> the main fundamental reason i'm looking at gm, investors want to find value and something to increase the value. to me, invested in liyft, the sorts of things investors may start to rerate the stock higher if they see some, a big plan where they could be a leader in autonomous fleets or ev that sort of thing. sets up as an interesting trade. again, defining risk 1%, 1.5% of stock price. optionality heading into january. >> move on a record year for records. the dow sets near all-time highs, the classic dogs of the dog theory point to big gains in the new year, in the index breaking it down, a guy who know the a dog or two cnbc's dom chu. >> i have two of my own. a habbenese, lucy and tibetan terrier, the blonde 30-pound one. i'm not the only dog guy out there. some investors taking stock who the dogs of the dow will be in 2018 quick refresher. dogs of the dow, a screen slash investment model ten highest yielding stocks in the dow. buy and hold them a year rinse and repeat the thinking is that the highest yielders often are stocks that have gotten beaten up an

gm is as good as any >> the main fundamental reason i'm looking at gm, investors are at a point where they want to find value but they also want to find some sort of thing that will increase value. they've just invested in lyft, this is gm, they're going autonomous investors may rerate the stock higher if they see some big plan where they could be a leader in autonomous or autonomous fleets or ev. it sets up as an interesting trade, we're defining our risk, it's 1, 1.5% of the stock price, it give us me optionality as we head to january. >>> it's been a record year for records, as the dow sits near all-time highs the classic dogs of the dow theory could point to big games for the index in the new year. breaking it down is a man who knows a dog or two, cnbc's dom chu. >> reporter: melissa, i have two dogs of my own, lucy, 15 pounds, and a tibetan terrier named bogey. some investors are taking stock of who the dogs of the dow will be in 2018 the dogs of the dow is a screen slash investment model you take the ten highest yielding stocks in the dow, buy 'em, and hold 'em for a year, rinse

gm is as good as any >> the main fundamental reason i'm looking at gm, investors are at a point where they want to find value but they also want to find some sort of thing that will actually increase that value. to me they just invested in lyft -- this is gulf of mexico. they're going autonomous investors may rerate the stock higher if they see some big plan where they could be a leader in autonomous or autonomous fleets or ev. it sets up as an interesting trade, we're defining our risk, it's 1, 1.5% of the stock price, it give us me optionality as we head into january. >>> let's move on. it's been a record year for records as the dow sits near all-time highs the classic dogs of the dow theory could point to big games for the index in the new year. breaking it down is a man who knows a dog or two, cnbc's dom chu. >> reporter: melissa, i have two dogs of my own, a habanese, lucy, 15 pounds, and a tibetan terrier named bogey. some investors are taking stock of who the dogs of the dow will be in 2018 the dogs of the dow is a screen slash investment model you take the ten highest yielding

janesville gm jimmies both. chris pops the trunk and slams the trunk sit before he gets in on the passenger side. matt's do is barclay closed when chris guns the enginesors and off. 280 miles to go. four hours and 35 minutes speeding just a little where they're pretty sure they will not get caught. matt pulls out his phone, calls darcy to tell her they're leaving, same as eve we can. when chris guns the engine it's 11:3:54 p.m. in fort wayne except that mat is not the only one who stays on janesville time show to dashboard clock on the grand prix says 10:54. chris started working in fort wayne on august 17, 2009, seven months before matt. chris will never forget that day. his wife and kid along to help him move, except he doesn't like to say he moved so he says he stays in fort wayne. knee howe, his family left on monday morning when he went to plant for orientation which was during first shift so he was become in the new apartment by 3:30 that afternoon, and he sat on a chair from a cheap dineet set, stairing a

at the time he had another gm retiree were running the uaw local. there were no active autoworkers so they were running it in their retirement. had had a full career and was getting his pension. as i said damn well should i get to know dave said you should get to know my son but he will probably not want to talk to. his son is mike, the shop chairman at a place that was the largest supplier factory to the general motors plant. there is making seats and other auto parts and the seats are being delivered to the assembly plant three hours before they were bolted into the vehicles. if you have that type of production you can imagine what happened when gm laid off to one shift in the enclosed. they are closed as well. mike's wife, barb also worked at lear lost her job in the summer of 2008. mike could stay longer because after that shut down there's a skeletal crew kept on for a few months. taking apart the assembly plant. his work basically consisted of this place that he worked at for 60 is getting into your. he was thinking about what he would do and

gm is a call option. tesla is the real deal. >> the valuation that we talked about when you look at the rest of the market, this one is trading with a huge discount with positive tax rates that will help them as well. >>> i want to move on to gbtc, that's your top performer i presume in your fund. >> yes. >> you actually bought this back in 2015. >> yes. >> you're the first public manager to purchase gbtc. >> we're still the only etf holder, i believe, to own gbtc we bought it when bitcoin was below $250 today it's about $14,000. >> have you been trimming along the way, and do you own the actual crypto currencies >> we are not allowed to own them we are a registered investment company so we must own securities the way we've been trimming, and this is more for tax purposes, is we've been taking cash in lieu when we've gotten creates in our etfs and so that has kept the position size below 10%, which is absolutely where we have to stop >> there are some notable shorts andrew left was outlining his case agai

my conversation with the gm's president -- gm president. uber losses widened in the third quarter. almost $1.5lost billion. as reported tuesday night as part of a formal bid from a stock -- a group looking to buy a large portion of stock. there's a 30% discount to its last private valuation, coming in at $69 billion. we spoke to someone intimately familiar with this, lane castleman, the former head of over in the americas, and eric newcomer. opening salvo from softbank. $33 a share translates into this valuation and they will see if they can get enough people to meet the outstanding shares they want to acquire. >> what is the likelihood of them acquiring that? >> this is the debate we will have an there is an appetite for liquidity. people want to sell and do not want to miss out. some people know that the price could go up. >> you have shares to sell. what are employees talking about? >> there is not a lot of information out. all we know is what we are reading in the press and there is not a lot of communication with former employees. i am wondering if i can sell. >> what do emplo

the former gm is back as assist opportunity the gm and the current gm and sandy who ironically took the place back in 2010 and he had been with the mets in 2005 through 2010. football the giants are in arizona on sunday trying to avoid becoming the first team in franchise history to lose 13 games in one season. wow. the jets are home to face the l.a. chargers and the philadelphia eagleles get the national tv audience game on christmas night against the raiders and the city of philadelphia is trying to erase nar lay half century bad press with santa claus. nd during christmas paraden? and social media and santa claus and the rest of the country buy it who knows. it is philadelphia. merry christmas, everybody. enjoy the weekend. i am george for chasing news. back to the studio. bill: some of you may know, in ill phil i do a daily segment called "the goodness' sakes" that focus on people trying to improve live. we talked about the same people in this area who are also improving people on a daily basis. it got me thinking, during the holiday somebody, they are probably some of you watching

not already are distracting, gm has an app they are installing and cars. announcer: you are watching abc 7 news at noon, on your side. melanie: a consumer alert for drivers. app being installed by general motors raising concerns for distracted driving. app allowslace drivers to shop for food and gas and more behind the wheel. from changing the radio kid'sn to monitoring your textng habits. >> it will you when they arrive at work, at home, or their friends house. tosleek technology meant make driving safer and more convenient. soon you will be able to from the comfort of your driver's seat. general motors releasing the marketplace app using 4g lte connectivity allows drivers to order food on the go, find the closest gas to save on fuel, and make last-minute dinner reservations on your car's dashboard. it is rolling out over the next year and a half. critics say it will contribute to distracted driving, which claimed 3500 lives in 2016. we will see an increase in fatalities. numbers are going up as we speak. until we have fully self driving cars we are respo

big cities and it would be powered by gm from their production line to the service that would deploy self driving cars. patty: 1 are not at 2019 but december 1, 2017, means free coffee. who doesn't want free coffee especially this early in the morning? >> starting today in participating cities and dunkin' donuts locations, medium coffee, it is part of this campaign dunkin' donuts is participating in, st. louis, missouri, phoenix, arizona, hoboken, new jersey, both are dunkin' donuts around the country so you go in and get a free meeting, coffee. christmas early. thank you so much, have a great weekend. this is not what we you want to see. when you are enjoying a day at the beach this massive tiger shark, lurking just feet away, that is a swimmer, from this popular beach in miami. more terrifying the shark estimated to be up to nine feet long and swims right next to the shore between the beach and swimmers who don't even appear to notice it. tiger sharks are one of the top three species most likely to attack humans. no one was hurt, very scary. you see this at your school, a very fast

the gm marketplace allows 2 million gm owners to push a button to order food or coffee to pick up minutes later in a drive-through. then the car finds the nearest store and directs the driver where to go. the service is launching initially with shell, exxon mobile, starbucks, applebee's and tgi friday's. >>> mcdonalds is bringing back the dollar menu. this time, items will cost $1, $2 and $3. a sausage burrito for a buck. happy meal for three. it's been a winning strategy. sales have been rising thanks to dollar sodas. back to you. >> landon, i guess i never go there. i never realized the dollar menu went away. thank you. >>> coming up on "today in the bay," a look at the forecast with meteorologist, kari hall. >> it's going to be breezy at least this morning. the winds will start to calm down through the day. clear skies as we take a live look outside. campbell, a cold morning. upper 30s. low 60s this afternoon. we'll talk about what else is ahead. that's coming up next. >>> this clear view, oh, there's 880 through fremont. the headlights, a closure in san jose. we'll talk about that as

it's gm marketplace that allows two million gm owners to push a button on the dashboard to order food or coffee that they can pick up minutes later in a drive-thru lane. the order is placed through a wi-fi connection. the car is directed to drive whenever it should go. the service is launching initially with shell, exxonmobil, starbucks, dunkin' donuts, applebee's, and tgi friday's. >>> a check of the markets on this tuesday -- wall street could push higher after a mixed session yesterday. the dow closing at a record, although well off the highs of the day as investors cheered the senate passing the republican tax reform plan this weekend. the nasdaq fell as big-name tech stocks like facebook, amazon, and apple took a beating. you want to look for data today on the trade deficit and manufacturing. back to you. >> got it. thanks. >>> 5:27. deadly flames. right now this wildfire is threatening tens of thousands of people in southern california. next, we update you on the efforts to get the flames under control. >>> also, what a wildday. see more of the viral video showing is a deer that

while the average price consumers paid for a new gm model hit an all-time high of $37,000. overall, 2017 is on track to be one of the five best years ever for the auto industry. on pace for a third straight year with sales topping 17 million vehicles. but the head of the national auto dealers association says sales will cool off next year. >> we're expecting over 17.1 million car sales this year in '17. and for '18, we're expecting about 16.7 million. so it's still a great robust market for automobile dealers as well as for the consumer. >> reporter: for buyers, the best news is that year-end deals will be fairly rich. and with consumer confidence at its highest level in years, even those who don't buy a new car or truck this month are likely to continue looking as we head into the new year. phil lebeau, "nightly business chicago. >>> profits disappointed at clothing retailer genesco. the company said weaker demand for nfl-themed merchandise pressured sales at its sports apparel store lids. despite revenue and same-store sales that edged past estimates, genesco is cutting e

you could see it rip on that news >> gm, stay tuned after the break. i'll tell you how they're playing it, autonomous >> merry christmas, everyone target will get you done >> merry christmas, stay tuned, "options action" is up next. trust #1 doctor recommended dulcolax. use dulcolax tablets for gentle dependable relief. suppositories for relief in minutes. and dulcoease for comfortable relief of hard stools. dulcolax. designed for dependable relief. >>> you guys should send a photo of you two, for all the rumors >>> we're live at the nasdaq market site. the guys behind me are getting ready for this last friday before christmas while they're doing that, here's what's coming up in the show ♪ we hope you'll place your order right now for the '59 chevy, here's how ♪ >> thanks, pat we've actually got a better way to get long shares of gm we'll show you how >>> plus a classic investment theory is flashing a buy sign for one dow stock. here's a hint. ♪ who let the dogs out

say i gm rulings is fuel tank problems in well how june cars are prompting a recall twenty seventeen. a meter auto recalls in china with gm related ventures reported in september to be recalling two and a half million cars. airbags. a u. s. regulators have said that big going futures will be allowed to trade on major markets. you know currencies price roast him ten thousand five hundred dollars on that news after a roller coaster week. value rocket to eleven thousand following back. hundred. the decision by the commodity futures trading commission could lead to greater mainstream legitimacy for. it our regulatory scheme. finally for business outrage over beverage discrimination the world's largest beer brewer has been accused of abusing its dot armaments in belgium. says anheuser busch inbev deliberately kept. beer imports from reaching belgian consumers. prices higher their complaints as the company purposely change the packaging on jeweler and the left fears in france and the netherlands to make them harder to import from those countries. back into belgium where there are more expen

this is gm's time lapse video from one of those tests at night. gm wants to be sure that its self-driving cars are safe and is focused on beating competitors to the market. google, ford, and daimler all working on self-driving cars right now. >>> students at san jose high school are getting a hands-on lesson on environmentalism and green technology. >> the outdoor living project. administrators say the idea started with a simple request by students for some planter boxes. >> before this idea came about there was a lawn. there was a grant from the water district that helped convert lawns into more water friendly spaces. we thought teaching ecology and environmental sustainability was a great match. >> the next phase of the project will be to install wind turbines and solar panels to help teach engineering students about sustainable energy and we've been getting a lot of sun lately but in the mornings it's been cold. >> chilly but then a blaze of sunshine in the afternoon. >> i think it's the best of both worlds. >> the best of freezing cold? >> it'

when i graduated, i did feel a sense, a real sense of obligation to first go to gm. i had a lot of other offers, but to go to gm. i was a computer science and engineering degree. david: were there a lot of women taking those courses in those days at northwestern? ginni: what do you think? david: not that many? ginni: no. i was probably one of the only woman in many of those classes, even then. david: so you are at general motors several years. and then you hear of an opportunity to go to a company called ibm. ginni: it wasn't, as sometimes people think, that you have some long thought-out career plan. i'm sorry to tell you it was, i had been working at general motors, and while i liked what i was doing, i really felt, because i liked technology, it was the idea of to be able to apply it to a lot of different industries. and it was as simple as my husband said, hey, look, i have a friend and his dad works for ibm. why don't you just call him? and actually i think it was my husband who actually set the interview up, to be honest with you. david: did he get a finder's f

when i graduated i did feel a real sense of obligation to first go to gm. i had lots of other offers but to go to gm. i was a computer science and engineering degree. david: were there a lot of men taking those courses in those days at northwestern? ms. rometty: what do you think? david: not that many? ms. rometty: no. i was probably the only woman in many of those classes even then. david: so you're at general motors for a couple years and then hear of an opportunity to go to a company called ibm. ms. rometty: sometimes people think you have this long, thought out career plan. i'm sorry to tell you, i had been working at general motors and while i liked what i was doing i really felt because i lakeshore drive technology, it was this idea -- i liked technology it was this idea to be able to apply it to lots of different industries. it was as simple as my husband said look, i have a friend and his dad works for ibm. why don't you just call him? i think actually my husband set the interview up to be honest with you. david: a finder's fee or anything? ms. rome

she talks about the closing of the gm assembly plant during the great recession.

ordering dinner from your car, gm is working to make that a little easier. and big food show coming to the washington convention center this weekend. studio smells so good right now. meet one of the chefs taking the stage. it's time for you to pick up your big spoon and try new hood cottage cheese. hood is the brand people have trusted for more than 170 years, and it's packed with satisfying protein. new to your local dairy aisle! >>> general motors believes it has an easier way to order coffee, make a reservation, or shop behind the wheel. launched gm marketplace that allows you to press a button on the dashboard to order coffee they can pick up minutes later in drive through late. an order is placed through a wifi connection, directs the driver where to go, launching initially with a lot of vendors. >> and speaking of food, mcdonald's is bringing back an old favorite. the dollar menu. fast food chain will make part of regular menu on january 4th but this time items will cost, 1, 2

ford coming out with their robotaxing, gm beating them. rob: at applebee's you can get trashed for $3. >> reporter: applebee's offering long island iced tea, calling it dollar oit come all day every day through the end of the year, one dollar long island iced tea because we need it after this year. >> you take one of those robotaxes out of it. jillian: ford, selling his own car. >> inside, 3086 pounds. jillian: ford claims custom-built, $5000 supercar was sold before his professional contact allowed. he was selected from thousands of applicants to purchase the vehicle under the condition he kept it for two years. he apologized and said he hopes to work something out. rob: the elf on the shelf, encouraging kids to behave as christmas approaches but one mom says this is ruining the holiday. in an op-ed for the daily mail kimberly says the elf is spoiling kids making them believe we are rewarded every day and putting added pressure on parents opting for an advent calendar. jillian: we will be right back. y y so engineers in the field can shar

gms taking in-car ordering to a whole new level. buckle up because "power lunch" starts right now >> soon we won't have to walk or know anything. it is going to be amazing. no record highs today. the dow is 20 points right now technology rebounding a bit, the d nasdaq is in the green some of the top tech performers of the big name you know, facebook and amazon and alphabet, netflix is out 1%. retail is red hot lately you can see in the reds and macy's and nordstrom, target foot locker and spdrs & p retail is the worst on record mcdonald's of some of the good performers it is getting an upgrade today and we'll speak to the analyst who did the upgrading, coming up, taylor >> all right, the tax reform bills heading to the committee there are some differences must now be reconciled before the whole package would be signed into law ylan mui is live for us. >> these are the lawmakers that'll be responsible for negotiating the final details of the bill you can really see where republicans priorities are by who they picked. of course, there

time with pulitzer prize winning reporter amy goldstein discussing her book about the closing of the gm assembly plant in janesville, wisconsin. tv in prime time tonight in a week here on c-span2. >> c-span student him, the tweet say at all. video editing for constitutional documentaries. this group showed us how it is done. two stellar interviews in one day and the students asked some hard-hitting questions about immigration reform. we are asking students to choose a provision of the u.s. constitution and create and video of why it is important. our competition is open to all middle school and high school students grades six through 12. $100,000 prizes and cash will be awarded. the grand prize of $5000 will go to the student or team the best overall entry. the deadline sure is january 18. get details on her website at student cam .org. >> tonight on c-span new york city mayor bill diblasio recently spoke had holiday dinner party at the group of progress iowa. here's a preview. >> there's a phrase that should define all of us have democrats do in 2018 is a powerful and simple idea. fort

the national safety counsel says gm's new marketplace app will contribute to distracted driving. it allows drivers to browse december and place orders with several major brands, including starbucks, price line and dunkin' donuts. they insist it complies with voluntary driver distracted gu mars, and photographic proof of it. what is that? some say it's a cannonball. do you see? >> yeah. the so-called cannonballs are actually sedimentary rocks or maybe someone went bowling. >> that's true. these types of rocks are typically just a few centimeters across or really small. they were first spotted by one of nasa's mars rovers, back in 2004. >> i'm still going with the bowling theory. >> i'm still going with some alien life brought it there. >> mm-hm. >> and it's proof. >>> hot toys are flying off the shelves and into the hands of cyber scalpers. people are buying those toys up and hiking the prices. >>> and the lines are drawn outside the supreme court as justices take up the case of gay marriage, religion and cake. you're watching "world news now" ta-da! all this devotion only calls f

we'll get the gm numbers shortly. guys, back to you. >> you hear that serious? f-series is the biggest? that's fabulous. fabulous >>> if you're waiting for stocks to get obliterated by the bad news out of washington or out of korea or out of main street or out of my name is jamir dixon and i'm a locate and mark fieldman for pg&e. most people in the community recognize the blue trucks as pg&e. my truck is something new... it's an 811 truck. when you call 811, i come out to your house and i mark out our gas lines and our electric lines to make sure that you don't hit them when you're digging. 811 is a free service. i'm passionate about it because every time i go on the street i think about my own kids. they're the reason that i want to protect our community and our environment, and if me driving a that truck means that somebody gets to go home safer, then i'll drive it every day of the week. together, we're building a better california. >>> you're watching cnbc "squawk on the street. the opening bell going to ring in about a minute and a half as we get started on

it would be wrong for senate republicans to gm through this tax bill without giving the newly elect a senator from alabama the opportunity to cast his vote. that's exactly what republicans argued when scott brown was elected in 2010. referring to health care, listening to a mcconnell said. what we ought to do as we repeatedly, as he said repeatedly through the month of december, we had to start and start over and concentrate on fixing the problem. one of scott brown and got the message. no more gamesmanship lots of transparent tape. what is leader reid do when scott rama select it? we'll wait until the new senate arrives until we do anything more on the health care bill. what is good for the goose is good for the gander and what is good for the gander is good for the goose. what we did in 2010, delay until doug jones gets here and contest the vote. plain and simple. we'll while mcconnell and the republicans get the message that they are rushed behind closed doors tax bill which gives huge breaks to the wealthy and corporations while increasing taxes on millions of middle-class people

emily: a year from now, where will gm self driving efforts be? >> we will be in an interesting position a year from now, and we look forward to keeping you updated. emily: what has been your most interesting experience? >> it is really seeing the rate of progress we have been making. it is been really exciting over the past 18 months from the time we acquired of where we are, and -- from the time we acquired cruze. to get a sense of where we are, and a clear line of sight on getting to the point where we can launch this commercially. emily: would you take your family on a road trip in this yet? [laughter] >> we have still development work to go, but ultimately, that is the objective. emily: coming up, our exclusive ceo megtion with hp whitman. and if you like bloomberg news, check us out on the radio. you can listen to us on the radio app bloomberg news, and on the sirius xm. this is bloomberg. ♪ ♪ emily: welcome back to the best of "bloomberg technology." i'm emily chang. is preparedhitman to step down in february. she joined us from discove

gm mark place allows 2 million gm owners to push a button on the dashboard to order food or coffee to pick up minutes later in a drive through lane and place through a wi-fi connection. the store and direct the driver where to go. the service is launching initially with shell, exxonmobil, dunkin' donuts, applebee's. i'm landon dowdy. >> landon, thank you. this is the season of giving. starbucks is jumping into the -- the coffee giant surprising customers by hand million of starbucks gift cards throughout this month. giveaways will take place at community events. tree lighting ceremony. caroling events. a total of 50,000 starbucks cards given away. >> one drink. after you add the extra whip, triple shot, vente plus. >> a shot of this, that and the other. >> take a look at the holiday season that's arrived at the vice president's residence. the decorations inside the naval observatory there. >> this year's theme is make the season bright. plenty of lights to help make that reality. in fact, there's nearly a mile of christmas lights. in addition to the ornaments, the candles, 800 yards o

emily: a year from now, where will gm self driving efforts be? daniel: we will be in an interesting position a year from now, and we look forward to keeping you updated. emily: what has been your most interesting experience? daniel: it is really just being able to see the rate of progress we have been making. it has been really exciting over the past 18 months from the time that we acquired cruise to get a sense of where we are, and a clear line of sight on getting to the point where we can launch this commercially. emily: would you take your family on a road trip in this yet? [laughter] daniel: we have still got development work to go, but ultimately, that is the objective. emily: coming up, our exclusive conversation with hp ceo meg whitman. that's a she prepares to leave the company after almost seven years of the home. and if you like bloomberg news, check us out on the radio. you can listen to us on the radio app, bloomberg.com, and on sirius xm. this is bloomberg. ♪ . ♪ emily: welcome back to the best of "bloomberg technology." i'm emil

"good morning america" will have more on the lawsuit gm is at 7:00 a.m. after the newscast. >>> live on "action news," a nationwide christmas tree shortage is having an impact on the pennsylvania tree farm. brian mcdonald said demand is so high they stopped taking new orders. the shortage is due to farmer farmers not planting trees in 2008. trees that were plabilitied -- planted in 2010 would be coming to market today. in the meantime you can expect prices to increase. if you run out and get one now we have 25 days until christmas you will have match stick sitting in you're living room. i tend to wait a little closer, but then you worry you won't get one. didn't you buy too early, it will get dried out a fire hazard. >> whole clean up the needles. >> reporter: it used to be me, call me mom i guess. tracker double scan shows you we are dry to start out a morning commute on friday. as we take a look outside we have rain overnight and cloud cover. most of that is shifting to the east and a bit more to the west might just fall apart him we'll call today mostl

gm bobby evans and vp sabean, and bruce bochy, was trying to convince him that the giants is where he needs to be. if they were willing to pick up the money left on his contract, miami would do the deal for joe panik and two prospects. there's other teams in the mix, so it's unclear how long before he decides. >>> cowboys and redskins. dak prescott takes a face mask to his throwing hand and got all swollen up. x-rays are negative. but, look at this, from ryan switzer on special teams. aloha, 83 yards and a nice finish here with a flip. a little french pastry in to the end zone. a leaping dez bryant there, and alfred morris, hope he was not on your fantasy football bench like he was for me. 127 yards and a touchdown against his old team. cowboys win, and improve to 6-6. it's been 301 days since tiger woods' last competitive event. returning today in the world hero event in the bahamas, his chipping still a work in progress, saves par with a putt and the trademark fist pump and he is back. five birdies two bogeys on the day. 13 and 14, back-to-back. look at the approach. it's only about

but gm is saying they just sold fewer of their vehicles to rental fleets. alix: how much of the sale strength was because of discounting? david: i think for has some the aggressive discounting. we have not seen all of the data on who is spending what on incentives, about -- but we are getting two-year and -- we are getting to year-end. you will see a fair bit of spending this month and next month. so far, pretty solid. alix: thank you, bloomberg's david welch in detroit. jim leuthold -- jim paulsen of leuthold and gina martin adams stays with us. softern: we are a little as we approach the tax vote that could come who knows when. futures pretty much unchanged throughout much of the morning. the dow down by 36 points. from new york city, this is bloomberg. ♪ ♪ emma: "bloomberg daybreak." coming up, the former cbo director joins us to talk about the tax overhaul. this is bloomberg. ♪ alix: looking at the bloomberg, is this regionals or is it big banks? you can see these gray bars here , one being the relative performance of the s&p versus performancenci

competitor to detroit and it gave tesla a market cap around $50 billion which is roughly in line with gm. he also wants to go to space with spacex and by 2022 aims to have a colony on mars. julia: even he has admitted it is on the ambitious side. carol: both of these companies are revered individuals and everyone is rooting for them in terms of what they are doing and then you have the financial community saying, they are spending a lot of money and maybe they are not as profitable as we would like to see. >> if you look at what they have done, it is pretty amazing. carol: turning the bloomberg 50 into a cover image was the job of the creative director. julia: talk about how you pulled this cover together this week. simple obviously a very cover, very large. things that makes this list different from others is that it is not from 150 coming wanted to make that very clear, that all 50 are special in their own way. inside great photography but we didn't want to use any on the cover to see like they are the most prominent on the list. julia: 50 or nothing. carol: you could have put all 50 i

i still go back to gm. i like a company that trades in the single digits. they've got growth, they've got margins, and they've got great cash flows i would throw micron in in the same category. some people thinks it goes from single digit to double digit this thing is way too cheap if that's going to happen i own those two names. i'll throw in one more, ford ford has not done anything in forever, it seems like when you look at their u.s. sales, what they can potentially do internationally, and the cash flow is there, and this thing is trading in the single digits, that's another trade i think is cheap. >> i'm long, i like them not just because they're cheap, but the perception of these two companies are that they're perennially on the wrong side of both efficiency and their business model gm finally seems not to be getting priced for peak auto as pete said, they're hitting it at 6% dividend >> delta has an investor meeting on thursday. my sense is they will say good things, to bk's point, it absolutely breaks out above 55 if you ask me to pick amongst those

take, for instance, this 2018 gmc denali gm. with an 8-inch touch screen and interiors, it can be yours for about 75 grand. >> we've got a huge amount of customers coming to us in the very, very high end range. they've got all the bells and whistles. they want to look good doing it. >> even as they turn, america's love for trucks remain strong fueled in part by low gas prices. sales of ford's best selling f-series are up by 11%. and the company recently unveiled itself f-450 super duty which can top $100 after taxes and trees. motor trend editor in chi ed lowe says they're overcompeting for high end luxury trucks and it's not just truck buyers. >> it's a guy who wants to show off because the trucks are big, covered in chrome, full of leather, and it has great technology technology inside. >> reporter: lowe says as they look for that, consumers can drive prices up even higher. chris martinez, cbs news, los angeles. >>> coming up this morn, model ashley graham opened up to gayle about the discrimination she faced on the way to the

metro still putting together a final report on this with a recent letter from gm. newer model trains are increasing vibration levels above metro standards. however, the gm office said higher vibration levels are coming in with older model trains as well. metro says none of those vibrations are enough to cause any structural damage. so, at this point this is all still a bit of a mystery. in the meantime, though, residents like mrs. smith say they just like hear from metro directly about the issue. >> nobody from metro have been nobody have called me. >> reporter: guys, metro says it hopes to have a final report on all of this by early next year. stay tuned. >> all right. >> that's got to be disturbing. >> very disturbing to those residents. thank you. thanks a lot, adam. >> do you have a lot of your new stuff cluttering up your house? well, this may be just the best time of year to do something about all of that. >> from fbi bombshells to claims of fake news, this year has been a busy year for those who try to sort out fact from fiction. we'll show you the moments t

the cards will be used as a new ridesharing service by gm. san francisco will be one of the big cities where the cars are being rolled out. the cars are being tested in several cities. >>> tesla says the world's largest lithium-ion battery has been turned on in australia. the 100 megawatt battery was built by tesla. elon musk says it has the capacity to power 30,000 homes for one hour during a blackout. he recently made a promise to solve the energy crisis in australia. the battery was manufactured and installed in record time. pretty exciting news, good and bad for tesla. a lot of people are waiting for that model three. >> so many things with one particular vehicle. >> they are waiting for that cheaper car. >>> let's help you get out the door. it is finally friday and there are no rain troubles. >> it has been a good commute. 27 minute drive time from the carquinez bridge to the macarthur maze. this number 27 is the morning stop number typically. when this number is low that is the meter of the commute. if it is high that lets you know. it

gm i'm chris lawrence. we'll get right back to the breaking news in a minute. we're working for you to get you ready for the day ahead. storm team 4 meteorologist chuck bell is here with a look at that forecast. chuck, not bad at this point. i guess things about to change though? >> yeah. they'll be starting to cool down. the colder air is four, five, six hours away. it's anything but cold here early this morning. temperatures mostly in the 40s to near 50s. we'll be dry here the next few days. dry through most of your friday afternoon. big rain chances coming our way and with bitter cold coming our way there's a chance, a chance he says of a wet snowflake on christmas day itself. a low chance but a chance nonetheless. we're in the upper 40s to around 50 degrees now and temperatures will stay pretty much where they are for most of the day. look at that. 46 at 7:00 a.m., 46

gm bobby evans and and bruce bochy, was trying to convince him that the giants is where he needs to be. if they were willing to pick up the money left on his contract, miami would do the deal for joe panik and two prospects. there's other teams in the mix, so it's unclear how long before he decides. >>> cowboys and redskins. dak prescott takes a face mask to his throwing hand and got all swollen up. x-rays are negative. but, look at this, from ryan switzer on special teams. aloha, 83 yards and a nice finish here with a flip. a little french pastry in to the end zone. a leaping dez bryant there, and alfred morris, hope he was not on your fantasy football bench like he was for me. 127 yards and a touchdown against his old team. cowboys win, and improve to 6-6. it's been 301 days since tiger woods' last competitive event. returning today in the world hero event in the bahamas, his chipping still a work in progress, saves par with a putt and the trademark fist pump and he is back. five birdies two bogeys on the day. 13 and 14, back-to-back. look at the approach. it's only about a foot away

somewhat savannah new way ♪ hope you'll place your order for the '59 chevy ♪ >> better ways to get a gm we'll show you how plus, a classic investment theory is flashing a buy sign for one dow stock. here's a

gm expects sales of the chevy bolts to increase of a full year of nationwide sales. expect to see plans for sell f driving cars to expand in the next year. glamo will start their sharing service. gm will go to the streets of san francisco to new york. >> setting up 2018 to become a crucial year for an autoindustry going through a technological transformation >> cnbc business news, chicago >>> as we continue to take the wrapping off the 500 tax bill, tax law, actually, we are carving out the goodies. thfol tell you who benefits r e bill "power lunch" will be right back (news anchor) downtown traffic is still bad. expect massive delays. (news anchor 2) all lanes on highway 50 remain closed at this hour. (news anchor 3) the stats are in and this city leads with some of the worst traffic, with the average driver sitting in gridlock the equivalent of three days a year. for every hour that you're idling in your car, you're sending about half a gallon of gasoline up in the air. that amounts, over the course of the week, to about 10 pounds of carbon dioxide. growth is good,

austin: ...then, i have stephen schlosser, who's the gm... lemonis: five. austin: ...then, that's his boss... lemonis: six. austin: ...who's his boss. lemonis: seven. austin: yeah. lemonis: so, seven layers between you and the people that make the magic happen. steve: correct. lemonis: does that seem like a lot to you? steve: yes, it does. lemonis: how about to you? lee: no, it doesn't. the only redundancy that we might have is austin, because you have general manager, foreman -- the foreman's over the two leads. lemonis: i was with you up until shop foreman. the further we get away from the work that, i get nervous. steve: lee's like flight control. do we have the parts we need? which house is coming into the line next? are the plans complete? lemonis: which is, normally, in a small business, what the owner would be doing. steve: so, i don't personally think that i've got the time to do all that. lemonis: so, what are you spending your time doing? steve: i do a lot of the website, back-end work, as well. it's not a small job. lemonis: okay. it was kind of

rich mckay, the gm, and i got the job. i'll let you know, i'm a christian first and foremost. i'm not going to curse at you, yell at you or demean you. there are guys that think that's the only way you learn and function. >> you said that? >> i said, anybody who needs that, raise your hand. you know, no one raised their hand. >> wow. >> i said, if you need it, we can trade you to another team where they'll yell at you and scream. here's the way we're going to do it. nobody wanted to do that. >> he is a superbowl-winning coach. he is in the hall of fame. more on coach tony dungy after this. >> 30 floors above upstairs is the oasis [ splash ] [ horn sounds ] dang! tell you- dang. dang! dang! dang. dang. see zero in a whole new way. get zero down, zero deposit, zero first month's payment, and zero due at signing on select volkswagen models. now with the people first warranty. [music] >> portions of the james brown show are brought to you by geico. 15 minutes to save you 15% or more on car insurance. visit us at geico.com to see how much you can save. >> in their seven yea

. >> gm says they could hit the streets of several cities in 2019. the robot taxis would not have backup drivers. they should cost about $1.50 per mile. at&t has compiled a list of the top why do google questions by state. in louisiana the top question people ask google is why do people yawn? >> and in washington, d.c., my home, the top search is why do i sweat so much? not me, kenneth. and in arizona people are googling why do people lie? >> why do you sweat so >>> good morning. a live look outside future tower camera, great visibility, clear skies, cool temperatures starting off the first day of december. pretty typical for this time of the year, so the winter jacket needed out the door first thing this morning. we'll take a look at the accuweather forecast in a few minutes. guys? >>> a ruling against a southern california power company could have major ramifications here at home for pg&e. the california public utilities commission rejected a request from gas and electric to force customers to shoulder $379 million from three deadly filed fires ign

specially when it comes to the typical afternoon and evening rush, so, there is likely to be a lot of gm's throughout when this snow gets underway, meantime the cold air in place , it is setting l the stage for all of this so little later in the show i'll tell you how much snow you can expect, in your backyard, and also if there are any additional precipitation chances in the seven day, that's later on, rahel. >> thank you. >>> and, remember, you can always get the very latest on our cbs philly weather app, as you can see on your screen, get the latest from the forecast right at your finger tips. >> and, after a ten month investigation, a grand jury is calling for penn state to get tougher on fraternities when it comes to drinking and hazing, the report released follows the death of 19 year old timothy piazza during pledge party in february it, calls on pennsylvania law makers to toughen laws to prevent hazing and under age drinking it, also calls on penn state to regulate drinking. the district attorney says penn state's new rules don't seem effective. >> don't seem truly different from t

take, for instance, this 2018 gmc denali gm. with an 8-inch touch screen and interiors, it can be yours for about 75 grand. >> we've got a huge amount of customers coming to us in the very, very high end range. they've got all the bells and whistles. they want to look good doing it. >> even as they turn, america's love for trucks fueled in part by low gas prices. sales of ford's best selling f-series are up by 11%. and the company recently unveiled itself f-450 super duty which can top $100 after taxes and trees. motor trend editor in chi ed lowe says they're overcompeting for high end luxury trucks and it's not just truck buyers. >> it's a guy who wants to show off because the trucks are big, covered in chrome, full of leather, and it has great technology technology inside. >> reporter: lowe says as they look for that, consumers can drive prices up even higher. chris martinez, cbs news, los angeles. >>> coming up this morn, model ashley graham opened up to gayle about the discrimination faced on the way to the top and how she b