such as hiring entry—level workers than gm was allowed to. the claims being made are tied to an ongoing federal corruption investigation that has led to 13 criminal charges investigation that has led to 13 criminal charges and 11 guilty pleas among former executives and union leaders. fiat chrysler has responded by saying it is astonished by the lawsuit and it believes that this is just a way for gm hamper ongoing contract negotiations between fiat and the union, and to also disrupt the proposed merger between it and french carmaker peugeot. gm said it is seeking substantial damages but did not specify the amount. shares in hong kong have fallen sharply leading the rest of asia lower — after the us congress passed bills supporting the city's rights. let's go to our asia business hub where rico hizon is following the story. talk us through the market moves. these bills are complicating matters. these two bills will now be going to president trump. items like teargas. it's legislation includes a requirement with reports are certified by the s

wages than gm wa s a llowe d workers at entry—level wages than gm was allowed to. the claims being made in the lawsuit are tied to an ongoing federal corruption investigation, that has led to 13 criminal charges and 11 guilty pleas, among former fiat chrysler executives and even new leaders. fiat chrysler has responded by saying it is astonished by the lawsuit, and it believes this is just a way for gm to hamper ongoing contract negotiations between fiat and the union, and to also disrupt the proposed merger between it and french car— maker peugeot. the proposed merger between it and french car—maker peugeot. gm says that it french car—maker peugeot. gm says thatitis french car—maker peugeot. gm says that it is seeking substantial damages but did not specify the amount. time now for our daily look at some of the newspaper and website stories which have caught our eye. joining me is professor birgitte andersen, chief executive and co—creator, big innovation centre. tell us, we are looking at memory chips in china, huge increase in output. amazing story abo

we can parse out a little bit of what is gm and what is not gm. we see a change in retail hiring, for example, if that continues to decline, if we see some decline in business hiring, those are not affected by the gm strike. i think looking under the hood and really seeing what sectors are being impacted i think is going to be the key. also,a: also, -- megan: wages didn't grow at all last month, so we should see a bounce back. if we don't, that would be a surprising signal that i think we should look at. subadra: wages is also an important factor because that tells me the trend for inflation on wages. wages have been very muted throughout this entire cycle, even though we've been creating 200,000 plus jobs. the biggest concern that came out of chair powell's press conference was inflation. inflation, inflation, inflation. alix: i don't know what serious inflation is. [laughter] subadra: you are not seeing that at all in wages. so again, i think wages are going to be very important. alix: what did you make of the bond rally yesterday? did that tell

gm won on being able to reduce their cost structure by closing plants. but also more importantly, being able to retain their capacity down in mexico and their ability to allocate product over time. so it's, it's an important contract for gm and the uaw, and there's downstream implications for ford and for chrysler. maria: it dovetails into the usmca and what automakers or what up group jobs -- unions, rather, are going to get paid in u.s., qanta and mexico. so -- canada and mexico. explain how the u.s. worker is doing right now based on this contract. >> essentially, what they've been able to do is lock in bonuses, lock in wage increases and insure that their health care doesn't go up in an environment where the market is slowing down. and that is a very big win for the u a aw and -- uaw and their workers from an economic standpoint. and for gm, that will, unfortunately, what that will do, it will increases the competitive labor cost gap versus the foreign non-union makers here in the u.s. it's absolutely going to do that. but, you know, lay wore is abou

it's all about gm, folks. we'll explain. ♪ we were teenage dreaming. ♪ front seat leaning. ♪ baby, come give me a kiss. ♪ put me on the cover of a rolling stone uptown, down home american kid. ♪ rolling up in little pink houses. ♪ making yo out on -- that move us forward. every day, invesco combines ideas with technology, data with inspiration, investors with solutions. because the possibilities of life and investing are greater when we come together. ♪ (vo) the flock blindly flying south for the winter. they never stray from their predetermined path. but this season, a more thrilling journey is calling. defy the laws of human nature. at the season of audi sales event. - in the last year, of cybercrime every second. when a criminal has your personal information, they can do all sorts of things in your name. criminals can use ransomware, spyware, or malware to gain access to information like your name, your birthday, and even your social security number. - [announcer] that's why norton and lifeloc

responding to the racketeering lawsuit filed by gm. gm alleging its rival bribed officials for years costing it billions of dollars. fiat says this is an attempt to create a diversion from gms own problems >>> pay pal is buying honey for about $4 billion they have several products and works across about 30,000 on line retailers completing the stock hat trick, a mixed quarter for l brands stories that victorias secret did fall lower the company gave a rather upbeat outlook for the holiday quarter. >> and looking at congress live in d.c >> google may be taking a page from the political out look. >> first, it is car versus train. we wouldn't show it to you if anybody got hurt you have to see the rest of that video. you are watching "worldwide exchange." . thank you. ah, you could say that. so how are things with you guys? great. thank you. thank you, sir. lunch next week? terrific. say hi to the team. will do. call my office, i will. -sounds good. alrighty. servicenow. works for you. non-gmo, made with naturally sundown vitamins are all s

they gm strike was a mixed bag. still, the big thing about it is the workers wewere ready to stay out. for 43% of the workers, they were ready to continue to fight for more. amy: "the new york times" reported last year the number of workers who participated in significant strikes soared to nearly 500,000, the highest point since the mid-1980's, while the duration of such strikes reached a 15 year high. and what doeshat this make the future look like? >> we are still nowhere where we were before ronald reagan crashed the air traffic controllers union. that was a signal from the white house, from the highest position in the land, that it was open season on union. it has been open season on unions is pretty much my entire life. i was born in 1980. what we're looking at now are unions fighting back in the face of decades of concessions, .ecades of givebacks in the public sector, talking about fighting back after the jenness decision that made the entire public sector what we call right to work, which means they do not h

that it made sense for gm and fiat chrysler to come together. what gm is alleging is that he tried to use union negotiations and sort of, you know, really screw up the contracts and put david: and a weaker position. the markets are reacting. gmt chrysler stock is down, is up. interesting reaction. cragg, thank you. always turn to you on automobiles. the worst of socialism was seen by this man when he would did forced labor behind the iron curtain before president eisenhower arranged for him to be reunited with his parents as a part of a spy swap. ultimately he rose to the top of the advertising giant, young and rubicam. he is concerned that capitalism is not doing what i can for society and the government must be confined to the constructive but limited role it has to play. theovernment cannot provide rules, guidance, and entrepreneurial spirit. government, must -- government must, however, have the guideposts and the regulations. i am hundred percent behind that. in fact, it isn't -- the government cannot legislate justness. business must reall

>> net 43 because of the gm strike. >> jason >> i'm optimistic, 120 despite the gm strike. >> michael >> 75k, including the gm strike. >> okay. joe terranova and i also want to get some wage issues from you. >> the important thing is the unemployment rate. watch the rate that's where the fear on main street comes from. if that's at a trough, that impacts consumer spending if the rate begins to rise. >> okay. mr. liesman? >> i think sub-100,000 is possible but i don't -- i wouldn't read too much into it because you have the strike but also have the census workers >> we're going to be discounting -- >> rick santelli, we've got to get to washington in a second, what do you think, sir >> 109,000 109. >> 109 >> nothing on the unemployment. >> yes, sir. >> and how are you factoring in gm there >> i subtracted about 75,000 from what my number would have been >> okay. >> look very quickly to see where the dow is ahead of this you can see it's up by 23 points ahead of the -- the futures would open up. we were also watching the 10-year, to take a look at that and that was yielding around 1.68.

there is a lot of noise on this space because of the gm strike gm is worth at least $50,000 on this report. gm handled these prifrs claims there is not a hint of stress in the labor back drop right now. >> that is higher frequency data we get it every week is it fair to say your employment picture although it could show not a threat of slowing down >> it is not a guess job growth has slowed down slowing down to averaging roughly 130,000 to 140,000 jobs. that doesn't heen the next job is zero and then we'll get to 100. it doesn't have to happen in this quick succession. in the context, again, it is not guesses. it is all in the context of a really tight labor market now. we have 1.5 million more job openings this is a fact we have never seen in the history of the data. >> you are referring to the labor data >> the labor markets are tight that's the thing that can help propel consumption >> let's talk about you as an economist. you say there is no real stress out there that you see every time there is headlines, let's not even talk abroad let's talk here in the u.s chicago pmi, certain manuf

you to on top of that, we estimate 60,000 adjustment for the gm strike. the census0,000 for workers. those are real numbers. >> [indiscernible] [laughter] wind comes in. i'm sorry. >> [indiscernible] actually, i believe last month -- here is the key point in trying to make. it has been around 3% for many months. category nonsupervisory production, these are not the managers, these are the workers in the assembly line, the construction, they are 3.5%. better than the managers are doing. this is a middle-class boom. average households, 66,000. after inflation and after taxes, people have had a $5,000 increase. my old0 increase in what boss ronald reagan used to call take-home pay. that is a big number and 2.5 years. nonpartisan. the republican administration and the democrat administration that preceded us were basically/ -- basically slashing. the successows you of the program of tax cuts and deregulation and energy opening and bringing down trade barriers. that's why i said that i do not think, i don't think investors want a change in policy, i don't thin

adjustedr today on an basis for revisions for prior months in the gm strike is over 300,000 new jobs, 303,000 new jobs, that is a blowout number. it shows the underlying strength of the economy, and i think the investment world does not want the policies to change. >> will vice president pence change them, presumably he -- have any speculations about that. i have given you my personal view. i don't think there's anything there, and i think frankly back in my lane, if you will, investors do not want to change and economic policy. this other thing, let me make another point. you are a numbers guy and i appreciate the questions. not only was today's jobs up, we , wherea class boom inflation adjusted after-tax income has increased per $5,000 or roughly 7% in just two and half years. those numbers are far and way better than the prior 16 years under democrats and republicans. that's how good this boom has been. numbers,y on the wage the managers are doing less well in the production workers. non-supervisor production wages up 3.5% last 12 months. overall the number was three. the people wh

today's number on an adjusted basis for revision in prior months and the gm strike was over 300,000 new jobs, 303,000 new jobs, a blowout number that shows the underlying strength of the economy and the investment world does not want the policies to change. >> would president pence change the visit went down the line? >> i don't have any speculation. i'm giving you my personal view on the matter. i don't think there is any there there and i think frankly, back in my lane, if you will, investors do not want to change in economic policy. let me make another point. i appreciate the questions. not only was the jobs of 300,000, we are in a middle-class boom where inflation adjusted after-tax income has increased for household by $5000 or roughly 7% in just 21/2 years and those numbers are better than the prior 16 years under democrats and republicans. that is how good this has been. even today, on the wage numbers the managers are doing less well than the production workers. nonsupervisory production wages up 3.5% in the last 12 months. overall the number was 3, the people benefiting, solid

tesla leads, what is interesting, gm is following. gm announced it will come out with the all electric pickup truck. it won't be ready to about 2021. we await what will happen with tesla in california. we'll watch obsessively the stock of tesla. charles, it is well off the 52 week low. we are as you mentioned earlier in the show, going to be talking about whether bloomberg or elizabeth warren or bernie sanders or joe biden, has the real narrative for the markets. jason trennert will talk about it and review it. charles: he is a great guest. my wife won't let me own a pickup truck. maybe this will push her over the top. everybody mass to catch the show, especially today, the "claman countdown" at the top of the hour. >>> google is restricting highly targeted political ads on its platform. another tech name doing it but everyone is wondering will its rival join them? kristina partsinevelos joins us. >> there is report from the "wall street journal" i reached out to the company to confirm this several times. they haven't responded back.

but that last column there, that is 100% the gm strike. x the gm strike. you're still seeing the financial market a little wobbly here. average job creation for the year is about 167,000 net new jobs each month. you can see that is still steady hiring by american employers, but it's not as robust as we've seen in years past. nia? >> thanks, christine. we have gia joining us. you heard her talk about the gm workers on strike. the president still thought there would be jobs growing hav overall is not going to affect the economy, it's just about 12% of unemployment. i think what is more important is you'll see that manufacturing number fall over into other sectors. if that were to be sustained and if you were to see a broader slowing in hiring, i would think that would be a problem. today's jobs report was really a positive sign that that isn't happening yet, or if it isn't happening, it isn't happening in a concerted way. >> this summer there was some concern about a recession. i guess some of these numbers put that to bed, some of those fears. there is an i

spent the last seven years with the cubs and was named assistant gm last year. next order of business finding bruce bochy's replacement as team manager. the seehawks playing tomorrow. and san francisco watching along with teams of the nfc who could become a factor and second seed. and saints, matt ryan flying a strike to austin hooper. falcons up 4, ryan 10 yard pass to brian hill for the scoo toucs and was sacked six times. if the season ended today the niners would have home fielders throughout. the three seed, san francisco hosts green bay november 24th. and they'll travel to new

ch of it had to do with gm. however there are problems in the survey that point to the trade war. >> a lotf people when they see the employment report tomorrow may write it off because of the gm strike. but you're one who says not so fast. >> right, so, look, there is a loss of about 50,000 jobs in goods p pducing and manufacturing which is suppressed the tin i'm expecting 75,000 net gain in emncoyment. but we back out the distortion, we'll want to look under the hood to see what's government education and health hiring which is reallyeginning to drive overall hiring. we will see further problems, though, lthked t trade war. hiring is slowing by the end of the year. we should see 100,000 per month on average. it ll-election day 2020 be about 50 and the unemployment rate going up. >> butou do not expect a recession, correct? >> , don't it would take a further policy err in re trade.r iefs onll the auto imports from the eu or and uk. all we're doing is back following back the trend at 1.8% right w that's fine. fir

of both gm and fiat chrysler with regard to a lawsuit that gm is filing against fee at chrysler. in it, fiat chrysler is alleged to have disadvantaged general motors with regard to union negotiations dates back as far as 2009. they allege that fiat chrysler colluded with and had corrupted practices with the uaw and that led to disadvantaged scenarios for general motors with regard to labor and other costs in it, they are seeking substantial damages but that is why the shares are moving to the do upside, nearly 3% you can see in the chart there back over to you >> appreciate that good segue to get to our next interview. phil lebeau is at the l.a. auto show with a special guest. phil, i don't know if you were listening to dom if you want to comment on the gm suit you are the guy who knows this industry better than everyone else >> not surprising. talking with people at general motors, this is something that they have talked about for some time so i'm not surprised to hear about the lawsuit. we'll learn more later on today as we hear more from the attorney representing january mo ge

that's because of the gm strike as you mentioned. they're supposed to show that job growth slowed, just 89,000 jobs in october. that's a slowdown. and some economists have warned there could be no growth or negative numbers were job support. that hasn't happened since 2010. i don't think investors or economists are going to freak out about this because it's being distorted by the gm strike. that took tens of thousands of gm workers out of the labor force. it caused layoffs for some of the suppliers, as well. if you look at the last year, we've seen that job gains have slowed down. if you look at the average for 2019, 161,000 jobs have been gained. that's below of last year's pace of 223,000. and it's below the final year under president obama. not a big surprise because there's not enough workers. unemployment rate is really low. and there's challenges like the trade war out there. >> the economy is doing well. and someone that loves to take credit for that is president trump. he tweeted yesterday that the impeachment hoax is hurting

>> yeah, you can see that gm strike, that six-week gm strike but the overall numbers were stronger than expected and showed still steady hiring. what the president is tweeting about this morning is that you had upward revisions for august and september. september was stronger as well. so the end of the summer was stronger than anticipated. manufacturing was a weak spot because of that gm strike. manufacturing has been faltering in recent weeks. in less than an hour we'll get a really important manufacturing number here. food services, though, strong hiring in restaurants and bars and in business. health care had another 15,000. the segue from health care, 400,000-some health care jobs added over the last year. this is an important part of the economy to get right whoever is trying to tinker with health care, and manufacturing losing 36,000. that's 100% of the gm strike. the unemployment rate, 3.6%. that's up just 0.1%. i'm not worried about that movement. and the reason why is because 325,000 people came into the labor market. that means ten years into a jobs recovery they are starting

is gm going to get hurt? of course gm is going to get hurt why does labor do it if they know their people will get hurt? gm thinks it's in a more powerful position. labor thinks it more powerful. how do you get a market to stabilize so they can get to a point where you can have a market-clearing settlement clearly in a labor strike, the worker will lose wages in order to get the other side to move towards its side for a compromise that's what's going on here. there's pain that we're going through in order to inflict the kind of pain on to china that will make them compromise and get closer to our position >> it hurt the manufacturing economy undoubtedly. >> it's hurt manufacturers, it's hurt farmers we should nationalize that pain, which i think has been sought here when you give subsidies and pains for farmers to compensate for some of their farmers, you're nationalizing -- but nevertheless, i can't see any other way of bringing our negotiating adversary here, china, to the table or closer to our position un

costing gm billions of dollars. also directly implicates former boss sergio marchionne died in twenty eighteen general motors says it will seek substantial damages fiat chrysler meanwhile has rejected the lawsuit is without merit describing itself as astonished by the content and timing of the legal case. statements just a gm was trying to disrupt its efforts to merge with french automaker psa shares of general motors dropped 23% fiat chrysler down four on wednesday. let's check in on the rest o of the day's tradingg action losses across the board is global trade tensions appear to rise wall street close downwards the dow jones losing about a hundred points. s shares of retailer target bucked the trend they jumped 12% on strong results. accordining to details released from the federal reserve's meeting last month central bankers unanimously rejected the idea of taking interest rates into negative territory that's something the president all trump is called for repeatedly. meanwnwhile in londn with a two hundred prop

the president implies that it's more like 300,000 if you add in revisions and gm. was it much better? >> that is correct. this really was the blowout number. i just want to say, americans are working and earning really, really well. the president was correct. i will just go through it. i hope you have a pencil and a clean pad, stuart. i want you to nail this down. stuart: get right at it, please. >> the unadjusted number is 128,000 which was a lot higher than the consensus 75 but look, you have to go this way. revisions in the prior month, 95,000. that gets you to 223,000. you also have to adjust for 60,000 workers in the gm strike. that's very important. that gets you to 283. and the census bureau people who left a job, that gets you to 20,000. the total is, in fact, 300,000, 303,000, to be precise. that is a blowout number. we have seen nothing like it. it shows, by the by, that the labor market is still strong, consumers and wage earners are still strong. as i said, america is working. i think people are underestimating the underlying strength of this economy an

gm and the build was in those numbers. probably also why the market might take the payroll today there are a few distortions coming through those numbers you look at the last time we have gone over the quarter, that would be back to end of 2015, start of 2016. a lot of these data points are pointing to weakness you have a few numbers on that retail sales unemployment is very low the u.s. as a consumer has got a job and wage prices are going up that is a supportive place for earning. at our basis 77% of the economy as a consumer and that is a positive >> just reviewing the performance. if you look at that, there has been time you've been set up for reversals. i just wonder if we are getting set up what do you think? >> i think this is one of our concerns our view for the last four to six months has been a strategic overweight on the basis of the fed mismatch as that story becomes more tire. yes, there is a chance of more active volatility. a lot of people are sitting on the sidelines looking, waiting for an entry point when

obviously thatjobs number even gm just started was really solid. couple of things we didn't even hit on there was a subtle but very important positive revision year over year earnings last month we thought there were 2.9, they moved to 3%. even that one-tenth, that's a positive, 95,000 jobs over the last couple of months revised to the upside how did it all turn out? let's look at some one week charts look at two-year note yield. on the right side, of course, look at that volatility. we're not regaining all the yield increase from the positive number but most of it and carl is right, the ism is the second punch here we'll have to see if it is a good one or bad one. one week of tens, up one on the day, down 10 on the week 2s down seven on the week. there is some of your flattening what is interesting, look at 10s to 2s for one week basically we're trading a quarter of the range like float. 20, 15, we're bouncing back and forth. virtually, what, two or three on the fed met at its last meeting prior to this. the point is, yesterday and the day before

we reached out to gm for him. it investigated and offered dwayne a $100 credit for service at any gm dealer which he accepted. early on dwayne asked us if he could use california's to get his new car replaced. the answert'complicated. state law doesn't lay out a specific number of times before a dealer should take back a car but it is clear about one thing. you absolutely need detailed records. document every problem, when it occurred and what the dealer did just in case you need the lemon law. we hosted helpful guidance. send us your consumer complaints or call us. >> thanks, chris. >>> coming up next on "today in flag warnill new overnight the we'll take a look back at that and also the winds calming down this morning. what's aheado iead out the door in walnut creek, it is chilly out there. 45 degrees. we'll talk about the warm yum and what's ahead for the weekend >>> and we're looking at a crash here in oakland -- i'm sorry, san leandro. just off the nimitz and what's going on. i believe we have a closure that

fiat chrysler down 4% and gm down 3%. the asset they defend themselves that the lawsuit is to disrupt its post under proposed merger with psa. jingle bells ringing all the way to the cash register for retailer lows and target. look at target spiking 14 and a quarter percent, lowes is up 4%. both reported better than expected results. target shares are at a record after they retailed the full-year earnings forecast but shoppers are throwing the discount when it comes to urban outfitters, here's what happened, urban missed on earnings after women's apparel underperformed in the quarter causing a flurry of higher discounts of stores and online, the stock getting hammered 15%. let me get to chinese companies that are taking hit after phase one trade deal. it looks to be very much in jeopardy according to the report. even ali baba which just made a landmark hong kong stock listing is not immune, we haven't done one and two thirds percent and jd.com 2.5%. we need to get back to austin and apples big moment, the tech giant displ

partly due to gm but also due to the supply chain of gm which we have direct data what they're reporting. some people put that number at even higher at 80,000 jobs. with those, they add up to the 300 number we've been talking about. charles: okay. i'm not going to go through it with you, other than to say, you know, okay, 42,000 uaw, 17,000 census, plus 95,000, nothing wrong even with that particular number we were looking at something under 100,000. the good news this means the november number, december number will be probably significantly higher as we add those back in. i want to ask, we're in a situation, political season now, where democrats are saying, hey, these things look good on the surface. when you scope beneath the surface, it is amazing amount of prosperity only going to the very top. what do you say to them? >> well, that is, i think completely inconsistent with the facts. we have basically a blue-collar working class boom going on. we have added 6.7 million jobs since the president started, compared to his cbo projection of 1.9 million jobs this time. what you see labor d

the gm says the officer was investigating another call andasked the man to stop eating. he says he believes it should have end heed there but it didn't. the officer eventually handcuffed foster and wreath $250 citation. bart's gm says officers need to read situations better and is disappointed how it unfolded. he went onto say he talk to the interim police chief and an independent police auditor is conducting an investigation. . >>> so washington where we are two days away from the start of public hearings in the impeachment inquiry. >> reporter kevin has the story on who is called to testify and who will not. >> the nation is forever in your death and we thank you all. >> reporter: president trump kick off the 100th annualveterans day parade and even as hearings are schedule to begin. >> the tone of the hearings, i think, is going to startle the american people. three individuals we are talking about here, bill taylor and george canton and marie yovanovitch are the definition of boy and girl cods scouts. >> reporter: unlikely to testify is the whistle blower and biden.

that is distorted with the gm strike, it will be revised. we should step back and say, if it is so wonderful, which the market seems to be pricing in today, why does gdp continue to drift lower? why are we at 1.19% gdp growth and not 2%? i would not put too much into a single report today. jonathan: does all of that resonate with you, groshong? gershon? gershon: it is still very weak, a standard deviation over what is normal. either we will get a recovery, or more likely, we will see it spill over into business confidence. it impacts hiring, unemployment. what is important is looking at the broad fixed income and equity markets, different stories. the equity markets are siding with the consumer. fixed income are signaling caution. jonathan: you touched on something important. sub 50 ism. a tug-of-war between consumption, resilience, and business spending. do we need to resolve that? either the consumer cracks or business spending picks up. gershon: i do think that is the case. in the next six to nine months, we will see. thewill not see this

priya: we went in looking for a weak number with the gm strike. i don't think the number told us a whole lot. we have known that the labor market is strong. is, is the big question global growth slowing down? is the manufacturing slowdown? is that impacting the labor market, i think not yet. it solidifies this whole fed hold. when businesses have cut back on capex, they will have to cut back on hiring. it is not yet so far. jonathan: the jury is still out on this economy? priya: it is. china pmi numbers are not showing a big rebound. we have not had stimulus. i go back to what chair powell has said. no business executive has gone to him. -- we are cutting interest rates. i don't know if they are putting the right stimulus in. if the fundamentals are still weak, hiring will slow down over the next six months. this is just a slow uncertainty shock. we are not seeing that sudden drop in payrolls that we are used to. bob: i think we see an ok report from the rather morose expectations. it is heavily distorted with the gm strike, it will be revised. we

. >> reporter: the gm trying to reassure the public about its safety by highlighting the hiring of 54 officers this year. >> 54. that's the record. that's more than any two years combined. >> reporter: then b.a.r.t. vowed to increase patrols. tonight we witnessed a fare inspector who had to call police for the robbery victims. >> have you noticed an increase presence? >> no, i haven't. i haven't seen any police out today or yesterday. >> reporter: williams died after trying to stop this man from stealing a pair of shoes from a sleeping b.a.r.t. passenger. >> sad. tragedy. >> reporter: the family took to social media tonight describing him as a hero. >> we've also learned the suspect in williams' murder was reported missing from the san leandro hospital. b.a.r.t.'s gm said they've approved overtime for officers to work on the system. >>> the top democratic candidates faced off tonight and former vice president joe biden seemed to forget about senator kamala harris as he described the support from the black community. >> three former chairs of the black caucus. the only black african am

something that was not afforded to gm. this is all coming from a big federal investigation that led to several criminal charges against people within their executive body and within their executive body and within members of the union. gm has said they will sue for damages but have not specified how much. fiat chrysler has responded saying they are astonished by the lawsuit and wait for that to say they think it's just a way for them to really interfere an ongoing contract negotiations. you covered all the bases, thank you very much. appreciate it. the next half of outside source we will turn back both to impeachment inquiry in washington and prince andrew stepping back from royal duties. good evening. it's time to take a look at the weather elsewhere around the world before we talk about the exceptional heat across australia and the catastrophic wildfire risk here we will talk about the usa were we've also had wildfires and strong and gusty winds across the north of california are not good news so would you have long last

. >> they have bombarded the agency's gm as he toured the station. len ramirez on what city leaders are so fed up tonight. >> reporter: a crowd of riders and city officials were waiting for the bart general manager at the millbrae station. but, after a few polite hellos, the gloves came off. >> it is a tragedy as to how bart is treating the commuters throughout this community. >> i'm sorry to disagree mayor but i appreciate those comments. >> reporter: city officials were waiting for this moment, to set up display boards to show how bad it had gotten including piles of dirty needles, homeless people sleeping on the floors and pools of urine are not being cleaned up. >> has not been well maintained. this is what happens when people urinate on it. >> mowbray has been trying to communicate to bart. there understaffed for years now and there's been no response. they don't care about any of the stations, they don't care about the commuters. >> reporter: pointed out that several of the ticket machines are out of order. >> we have to get them under control.

the it is saying that gm's lawsuit is unfounded. on tobacco companies. they seem to be increasing their guidance. five minutes to go to the market open. we expect to be weak at the start of trade. this is bloomberg. ♪ anna: a minute to go before the start of cash equity trading. let's use this minute to see where we are. it is trade once again. we are off of those lows in the asian section. we had some more positive comments coming through. we had a pullback from those session lows. we are expecting some weakness. markets getting open for thursday's trading day. let's see if that extreme level is being led by the at inflow of the trade narrative. is it all about trade or is it about liquidity? this is the extent of the weakness. on a day like today where you have the trade story dominating, you expect to see much of the stocks working in one direction. all of the sectors have been in negative territory. it is certainly worth bearing in mind. this is similar to where we have been. let's get to the individual movers. stocks going down. only 45 to the ups