. >>> plus, we'll talk to the ceo of general electric, larry culp. ge got crushed last week, culp, gulp after reporting earnings. we'll find out whether those supply chain problems are showing any gnofasg.sis ein we'll be right back. introducing icy hot pro. with 2 max-strength pain relievers. ice works fast... to freeze your pain and your doubt. heat makes it last. so you'll never sit this one out. new icy hot pro with pro-level contrast therapy. rise from pain. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> welcome back to "power lunch," everybody. the steep drawdown in equities from thursday's close, it's still not recovered as all three major averages remain about 2% off those levels my next guest has seen a wave of activity in options and names that were reported last month, including pinterest, snap and meta options volumes seem to point to a thesis that dividen

electricity. by 2035. ah, i'm so gale. welcome to the program. ukraine is warning of at russia is closer to surrounding its troops in the eastern don't bass region. it runs could be a turning point in russia's drive to gain complete control of dumbass pro russia separatists. so they've taken the strategic railway hub town of leman russian forces are also advancing from 3 directions on the nearby twin cities of surveyor done yet. and this is chance ukrainian control cities in the low hands, greed, and have come under relentless bombardment, seeking safety under ground for those sill in several. danielle basements like this are the best hope of escaping the relentless brush and shelling. oh they try their best to go on is normal, but the mood here is desperate. whatever i loss of serv. i don't some of those channels, foreman's explosions. and so marshall are just warmer i just have to or even most crucial or most hawaii, ukraine says 90 percent of the housing in the city has already been damaged by

generation in the u 1 . , sixth of the electricity generation in the u < . , , sixth of the electricity generation intheu , , , sixth of the electricity generation intheu , , in the uk and these seven plans a chunk of that. the _ in the uk and these seven plans a chunk of that. the public - in the uk and these seven plans a | chunk of that. the public accounts committee is saying governments have known for decades when these plants were going offline, and they should have had replacements in place. mps are saying to ministers, can you find a safe and cost—effective ways to extend the life of these plants? the alternative is buying energy from abroad, via undersea cables or building more gas, and as we all know gas is very expensive, and it produces greenhouse gas emissions. but the government is building new nuclear plants, supposed to be? that is the plan. — nuclear plants, supposed to be? that is the plan. the _ nuclear plants, supposed to be? twat is the plan, the prime minister says he once ate new nuclear power plants by 2030, that would be about a quarter of forecast electrici

the g 7 have a great to phase out coal to generate electricity, electricity by 2035. the group also promised to double their financial support to developing countries to cope with losses and damage caused by global warming. hundreds of students class with elisa mitchell and capital santiago. please use take as in water cannon to put out fires and dispersed the crowds all through. group 3 balls of cocktails. incident took place during and otherwise mostly peaceful protest, demanding more funding for public schools. the town of your val day in the us state of texas is still reeling from tuesday school shooting that left 19 children and to teach us dead questions are mounting about why police took so long to stop the gunman. a punch in the gut to a town already reeling new details, raising questions if their worst nightmare could have been prevented. while old police were at the school, within minutes of the gunman opening fire, they waited more than an hour to stop him. as parents outside begged them to help. ah, and his desperate children made repeated none when one ca

electricity. by the year 2035, the group also pledging to increase their climate change ambitions into double financial aid for poor countries. by the year 2025. no ma, call energy by 2035 in their power effective. that's what the g 7 nations agreed on on friday in a be to slash the greenhouse gas emission. the agreement comes as to pressing issues, tackling climate change, and regaining energy independence for europe. well, high on their meetings agenda. he got some fun for you and you know, land. the replacement of fossil energies from russia has very much shaped the political debate and the government's actions in recent days, weeks, and months and months clothesline. but we have to be clear that the challenge of our political generation, namely to curb global warming, will not go away if we focus only on the present and talk. equipped with this conference has made that very, very clear, at least for the 1st time to g 7, recognize the need to provide developing countries. these additional finan

electricity. by 2035, russia invasion has pushed the phase out of coal and the introduction of renewable energy sources of the agenda in many countries, including germany, still dependent on russian coal, oil and gas meetings, also accelerated partnerships to tackle climate change. well d w political correspond, julie saw danny, join me earlier from the summit and i asked her about the main outcomes with the meeting. as you've said, one of the important points that was announced here at the summit was the push to stop electricity production with a fossil fuels by 2035. but that is not the only thing that was committed to the countries here. also pledge to reduce carbon production a within the transport section in the coming years, but also to stop using coal to produce energy. we do not have a deadline for that goal to be reached for the phase out of coal for the entire g 7 . signaling that there is a desire for each country to go their own way on that. but we also heard a pledge afford the g 7 co

name to stop using coal, to generate electricity by 2035. ah, i'm from gail. welcome to the program. or ukraine's warning that russia is edging closer to surrounding its forces in the eastern industrial heart land of don bass. those could be a turning point in russia's drive to gain complete control of key east and regions . pro russia separatists say they've taken the strategic railway hub town of layman . russian forces are also besieging the city of louis chance. ukraine's president vladimir savanski has accused moscow of carrying out genocide in dumbass mines like this is what life in ukraine's east looks like now. residents of the city of lucy chanced, desperate to escape the constant shelling shelter here in this basement. why didn't you? many here urgently need medical supplies, but traveling to get them is too risky. will not only get so my father suffered a stroke. and there are many others in these houses who need medication. about 7 incremental ukraine says the fighting in the east is fiercer than ever. with nearly all of the lu hans district underb

it generates electricity for about $75000.00 households. german company, uvie built the solar park it so that that is the start of the building of a zation in that area. but still there is a long way to go. we need more and more in europe in order to be able to drop the the average electricity price. although many know that prices will keep rising, most are trying to take things in their stride. after all, he can on the crises, are all too familiar in greece. before the show, i spoke to alexander critical of the german institute for economic research. and i want to know from him how much of a problem these rising prices are for a population that had to endure tough austerity measures in the past years. these are the members strong problems. i would even call them tremendous problems because the energy prices are also increasing. grease one should know that in greece, there's a strong dependence on, on electricity. and the electricity price has been wrong, very much to the extent that the greek government has decided now to aim for very strong reduced abuse to measures the em to suppor

during the week, he would travel the country giving speeches on behalf of general electric. and, the glories and wonders, and conveniences of electricity, better living through electricity. this was new. and, he would find himself because, reagan in that phase of his life was afraid to fly. and, he had written into his contract that he would not fly. so, he traveled by train across the country. and, he would go through small towns. and very often, he would fight himself addressing that local motor company. he used to call these other people the circuit. and, he would find himself in these small towns, where people didn't know who he was because he wasn't famous. he was never, it sort, of an ablest actor. he was sort of a b list actor. and jack warner, his boss at warner brothers said, when he heard that reagan was running for governor of california in the 1960s, he said, no, no, jimmy stewart had reagan for our best friend. that was the kind of roles he played. so anyway, he is this relative not entity, and he is going to these rather obscure talents and giving these, sort o

a g 7 have agreed to phase out coal to generate electricity by 2035. the group also promised to double their financial support to developing countries to cope with losses and damage college by global warming. hundreds of students clash with police and the chalet and capital santiago. police use tear gas and water cannons to put out fires and dispersed the crowds after a group through molotov cocktails. the incident took place during and otherwise mostly peaceful protest, demanding more funding for public schools and football now. and the champions league final kicks off later to day in paris is already a buzz on the streets of the french capital. as liverpool and round, the dread supporters soak up the atmosphere. the last time the teams met in a final was in 2018. when ral came out on top. english and spanish fans alike were bullish about their team's chances this year. i seem to be enjoying each other's company coming in on a contract this morning. i met to liverpool fund who told me he had driven from london and had just arrived. what we are experie

the g 7 have agreed to phase out coal to generate electricity by 2035. a group also promised to double their financial support to developing countries about to cope with losses and damage caused by global warming. and hundreds of students have clash with the police in the chile and capital santiago, lease use tear gas and water cannons to put out fires and dispersed the crowds after molotov cocktails were thrown. the protesters are demanding food subsidies and more funding for public schools. football. now and there is less than 24 hours to go until the champions league final kicks off in paris. the reports taken round, the dread and a clash of european giants, led by york and clock. liverpool are in their 3rd final in the last 5 years. and the germans hoping, hoping to add another title to an already successful season, but domestic trophies already in a cabinet. at anfield. liverpool have already triumphed this season in both domestic up competitions. they even came close to dethroning manchester city as premier league champions. back in 2019 your organ

general electric was the great industrial behemoth of the american economy. and reagan was their paid spokesman. and he was a host, a television host, for the g. e. theater. and the g. e. theater was, well, it was an experiment in television. this was in the 1950s. no one knows what to do with tv and they think we can do filmed plays, and people watch plays on tv. so, reagan was the host. he wasn't a star. he was in a couple of these, but he mostly just introduced them. that's what he would do on weekends. during the week, he would travel the country giving speeches on behalf of general electric, and the glories and wonders and conveniences of electricity. better living through electricity. this was what he would do. and you would find itself because reagan in that phase of his life was afraid to fly. and he had written into his contract that he would not fly. and so he traveled by train across the country. and he would go through the small towns, and very often he would find himself addressing the local rotary club or the elks or the chamber of commerce. and

the g 7 have agreed to phase out coal to generate electricity by 2035. the group also promised to double their financial support to developing countries to cope with losses and damage caused by global warming. the world's oldest man has celebrated his 100 and 13th birthday. venezuelan on the sent to paris was awarded the title by the guinness book of records. he says, hard work, relaxing. vacations had gone to bed early, or the secrets to his, his age. he's 5 years younger than the oldest one. the group of 7 leading industrial nations de g 7 has promised to double its financial support to help developing countries cope with climate change. and that could benefit parts of africa being slammed by floods, drives, and other extreme weather events. despite producing a minimal amount of greenhouse gas emissions, extreme weather makes it harder for people to feed themselves with food scarcity, fueling conflicts and displacement. climate change hits populations who are already vulnerable from poverty in countries where governments often fail to provide basic res

it's the only thing that can generate electricity at this point in time. woman: the owner of the mines

these are companies that generate electricity and in a world where you are trying to transition away from oil and gas and more towards electric, you might think, why would you want to put taxes on this kind of industry? that's something the treasury is still reckoning with. these businesses have been making good profit as a result of higher prices of energy, but what does that mean and what do we do about that if you want to get your hands on some of those profits? it raises a lot of interesting questions about where the tax state comes from, alex. alix: we mentioned some of the names that got downgraded because of the impact. we are joined by the wood mackenzie senior vice president, who joins us now. this year, what kind of profits are these big oil majors like bp looking at? what are your estimates showing? >> for the north sea production, which is where we have been looking particularly, the profits of the sector should be in the region of about 40 billion pounds. anna: 40 billion pounds. that's something that has no doubt got the treasury's attention, we know it has, and as we s

it's the only thing that can generate electricity at this point in time. woman: the owner of the mines are here to get profit. they don't care what going on with the communities. man 2: any activity by human beings will somehow, you know, like, change the ecosystem that we operate in. zulu: where the guys work, it's way, way, way too far. i think we can--about 1.5 kilometer. man, voice-over: yes, south africa does have mountains of coal, but we also have mountains of asbestos, and we decide to leave asbestos in the ground where it belongs. man 2, voice-over: where the coal mines and the power stations are located is amongst one of the most polluted areas on earth. man 3, voice-over: a very, very large cost to coal-mining. you're basically signing death warrants for people who live there. zulu: the people here are working just to put food on the table. there, they just have to survive. [camera lens clicking] announcer: "earth focus" is made possible in part by a grant from anne ray foundation--a margaret a. cargill philanthropy-- the orange county community

i'm going to have a lot of fun because with headlines on the new york state thruway, general electric is in schenectady and for up to the west was a landmark for my ute. when you drove down the turnpike from searches -- from syracuse, new york, they were a mighty presence. the chief executive officer of carrier global, you guys and president trump knows this had to make not a tough decision but what's significant about carrier is the set of tough decisions over 30 years to compete domestically and compete globally, what have you learned from it as an institution? >> we learned the work should be where the work should be and we been increasing jobs significantly in the united states but we been upscaling by adding digital and engineering and manufacturing jobs in the united states. we have work in mexico we are proud of and have worked throughout europe including eastern europe and southeast asia and in china but the work should go where the work should go and should be natural to be in that environment and we keep upscaling in the united states. tom: somebody in syracuse, new york cou

the department of interior and nasa and general electric got together and designed this program to help nasa study human beings under isolation. they designed tech type two, which they opened up to working research scientists to submit proposals for projects that would specifically benefit from extended working time underwater. some of the nasa guys really did not want a women's mission. they did not think we were capable of doing the work. we were going to prove them wrong. it was like, no, we can do this and we can do as good a job or even a betterjob than the guys can do. so we did have that little chip on our shoulder. the training for going into the mission was pretty intense. we had to learn how to use rebreathers. we had all these extra lectures and on top of that we had to do all of these social activities because of the publicity. emotionally, wejust wanted to do what we're supposed to do. we're supposed to be aquanauts. can we just go down and get our projects under way? our mission was 1a days long. we probably spent six to eight hours a day out in the water. it was like livi

electricity for its population of the local project manager from the list. so time highlands authority tells us that to him 5 years time, the dumb wool will stand right? hair, $5000.00 hectares of land will them be flooded? as we are all away, this kind of projects would have social impacts and environmental impacts. and i, we, as the project helpful at number of programs, which had been discussed, mac lead vocal many, it is a, as ways that means ha, ha, ha, mitigating against the laws of land that the laws over there, grazing alia, fin perpetual mer to sea sick, we heard exactly the same promises 24 years ago when the cat saddam was built. all other dams feed that water into this reservoir from where it's piped to south africa. sick, we works for the se and only legal center. it's helping local people like here in the village of my lang to now claim the compensation they were promised. it's a while on yahoo way. down with as everyone knows. yeah, i wrote that you were severely impacted by the construction of the dam. will you, your rights have been traveled

electric ah, for a long time. and joe, many other conglomerates basically, themselves. recognition consists of big business and as they say, war is good business for the media. and joe, for the administration, even when it's failing, so hoof. so i'm answering your question. it's natural for them to hire these people if their message is to get propaganda out. who better to do it, then these military or the ca, people, if you want endless war, which in effect, he was, has wanted to know that something. what happens? what happens when citizens are only told the truth about war after the wars are over? after the information is leaked after information is the classified and we needed a blood vietnam was represented by such as the pentagon papers, which was a study of vietnam decision making from 45 to 6768. i put that out. the 1st starting in 69 and then through the newspapers in 71, you shouldn't see any other big reach like that for 39 years until chelsea manning put out hundreds of thousands of files on his canister

every general electric siemens energy, lockheed martin, there are hundreds if not thousands of smaller suppliers that help these iconic american businesses compete, globally. when they do well, the big businesses do even better. these small firms are the foundation of america. increasing the capacity as they are doing is critical to making more things in america. getting products faster and cheaper, and reliably and out competing the rest of the world. that is what it is about. here's the deal. 3d printing technology, 3d printing technology, is incredible. it can reduce parts and leadtimes by as much as 90%. not always, but as much as 90%. it can/material cost by 90%. it can cut energy in half. that all helps lower the cost of making goods in america. not a small or medium-size firm. they have access to what they need to adapt this technology. not until today. the executives here today have agreed to launch a new contact between large iconic manufacturers, and smaller american suppliers. the commitment by these large companies to help those smaller ones adapt new technology so we can c

electric. ah, for a long time. and joe, many other conglomerates basically who better to do it in the military or the she a people, if you want, endless war, which in effect, the wish has wanted for this. so what happens right? what happens when citizens are only told the truth about war? after the war's are over, after government information is leaked after information is declassified, it seems like we only get this under extreme and unforeseeable circumstances from the people we're trying to conceal it. so what does it mean for it? well, the kinds of information that we needed a blood vietnam was represented by such as the pentagon papers, which was a study of vietnam decision making from 45 to 6768. i put that out 1st starting in 69, and then through the newspapers in 71. so that was somewhat belated, but not too long. but i put on trial for newton, for his revelations, essential revelations of criminality. why the national security agency, the universal surveillance, not only in our country

under soto uses the dams to generate electricity for its population of the local project manager from the list. so to highlands authority, tulsa, let him 5 years time. the dumb wool bull, stunned bright hair, 5000 hectares of land. will them be flooded? call me as we are all away, this plan of projects would have social impact and environmental impacts. and i, we as the project template number of programs, which had been there, discussed mac lead vocal, many desert as ways that means ha, ha, ha, mitigating against the laws of land. that the laws over there are crazy, ellia fin perpetual. met to sea. sick. we heard exactly the same promises 24 years ago when the cap saddam was built. all other dams feet that water into this reservoir, from where its pipe to south africa. sick we works for the se and only legal center . it's hoping local people like here in the village of my lang to now claim the compensation they were promised. yeah, i mean it's a while on. yeah. oh yeah, i'm with, as everyone knows, yeah, i wrote that you were severely impacted by the construction of the dam. will you

and every general electric, siemens energy, honeywell, lockheed martin, for every one of those, there are thousands of smaller suppliers that help these iconic american businesses compete globally. when they do well, big businesses do even better. small firms are the foundation of america's industrial base. and increasing the capacity is critical to making more things in america, getting prospects faster -- products faster and cheaper and more reliably and out competing the rest of the world. here is the deal. 3d printing technology is incredible. it can reduce parts leadtimes by as much as 90%, slash materials costs 2% and cut energy use in half. that helps lower the cost to making goods here in america. but i a lot of small and medium-sized firms -- by day lot of smoke -- but not a lot small and medium-sized firms have access to the funds they need. to. develop this economy. but not today. so that we can continue to be leading exporters. our hope is that the compact will grow with more companies and expand into different industries. as part of this initiative, agencies across the go

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electricity for its population of the local project manager from the list. so time highlands authority tells us, let him 5 years time. the dumb wool bull stand right? hair, $5000.00 hectares of land will them be flooded? as we are all away, this plan of projects would have social impacts and environmental impacts. and ha, we as the project headline number of programs which had been there, discussed mac lead vocal amenities are as ways that means ha, ha ha, mitigating against the laws of land that the laws over there are crazy. ellia fin perpetual mer to sea sick. we heard exactly the same promises 24 years ago when the cat saddam was built. all other dams feet that water into this reservoir, from where its pipe to south africa. sick, we worked for the se and only legal center. it's helping local people like here in the village of maha. lang to now claim the compensation they were promised. yeah, i mean it's a while i know we don't with as everyone knows. yeah, i wrote that you were severely impacted by the construction of the dam. will you, he writes, have b

both of my grandfathers worked for general electric, but my mom and dad lived a normal life as social workers. david: when you were growing up, i understand you wanted to be a hockey player, is that true? brian: when i was five years old, wayne gretzky was the greatest hockey player in the world and i wanted to be him. i had a posters of him in my wall. the problem with athletics, your dreams come crashing down pretty quickly. by the age of six, i realized i was not going to be wayne gretzky. david: when that dream went away, you decided you wanted to be an artist. because you had good skills in that area? brian: exactly. i got a scholarship to the rhode island school of design. they only give out a few scholarships, so it was kind of a big deal. my mom said, you can go to art school, but you got to promise me you will one day get a real job. i said, what is a real job? she said, a real job is a job that gives you health insurance. i said, ok. i'm going to go to risd and one day get a real job with health insurance. my high school yearbook quote was, i'm sure i will amount to nothing.

electric ah, for a long time. and joe, uh, many other conglomerates basically, themselves recognize her consist of big business. and as i say, laurie's good business for the media and joe, for the administration, even when it's failing. so hoof sure. i'm answering your question. it's natural for them to hire these people. if they're messages to get propaganda out, who better to do it than these military or the she a people, if you want, endless war, which in effect, the wish has wanted to know that her that's something what happens right? what happens when citizens are only told the truth about war after the wars are over? after that the information is leaked after information is the classified. it seems like we only get this under extreme and unforeseeable circumstances when the people were trying to conceal it. so what does that mean for? well, the kinds of information that we needed to blood vietnam was represented by such as the pentagon papers, which was a study of vietnam decision making from 45 to 6768. i p

electricity. by 2035 will hear from canada's representative at the talks. and texas police under pressure over the elementary school massacre as breeding families joined calls for strict and gun controls. there are questions over how long it took the emergency team to respond. ah m, anthony, how does good have you with us? e crown this morning that russia is edging closer to surrounding its forces in its industrial hot land. dumbass. the advance could be a turning point in rushes drive to tighten its grip on key eastern regents pro russian separatist said they have taken full control of the strategic town of lema . russian forces the also besieging the city of chance, ukraine's president. the lot of mister lensky has accused moscow of carrying out genocide in don bus. my, it's like this is what life in jo cleans east looks like now. residence of the city of lucy chance desperate to escape the constant shelling shelter here in this basement. more than many here urgently need medical supplies, but t

so to use this, the dams to generate electricity for its population. the local project manager from the list. so ty, highlands authority tells us, let him 5, he has time. the dumb wool will stand right here. $5000.00 hectares of land will them be flooded as we are all away, this kind of projects would have social impact and environmental impacts. and we as the project total number of programs which had been discussed in mac, lead vocal mean, it is a as ways that means, oh wow, mitigating against the laws of land that, that the laws over there, my crazy area. and we're patch me to see sick. we heard exactly the same promises 24 years ago when the cat saddam was built. all other dams feet that water into this reservoir, from where it's piped to south africa. sick. we what's for the say and only legal center. it's hoping local people like here in the village of my lang to now claim the compensation they were promised it. i mean it's a while. i know we don't with them as everyone knows. yeah, i wrote that you were severely impacted by the construction of t

electricity — in force for the next 12 months. that's less than half the current market rate for gas. spain's energy and environment minister has said consumers will pick up the final bill, without giving details of how. spain has already hit energy firms with a windfall tax, allowing it to remove taxes on domestic energy bills. james huckstepp is from s&p global commodity insights where he analyses the gas market in europe. james, in your view is it over the uk to be the same thing? good morning, victoria, thank you for having me. in my view, the way that they look at the market, we are not trying to prescribe policy here, i'm a market analyst, we are trying to forecast the impact of these policies and i the market concern with these measures is that it can actually exacerbate the wider problem that we have in europe, which is the gas supply crisis. in europe, which is the gas sunply crisis-_ in europe, which is the gas supply crisis. how so? how would a _ supply crisis. how so? how would a policy _ supply crisis. how so? how wou

especially if you don't have a plan to generate all of that electricity, which they do not. that means you are not prioritizing the true function of the u.s. military, which is to be the most lethal force in the history of the planet. we have wonderful young men and women in uniform who are willing to take that charge, but we're not doing them a good service if we are not doing the hard work as policymakers to make sure that money is properly invested. >> in our society, we talk a lot about nuclear war. my father who lived in washington, d.c. with all sorts of air raid drills and hiding under desk and so on. there's a famous time magazine cover "thinking the unthinkable," showing a nuclear explosion. that was then. and people are thinking about this kind of thing now, thinking the unthinkable now, putin, what if he gets desperate? you know? what if his pride comes into play? i mean, no one has dropped one of these things since we did in august 1945. the taboo has held for an amazingly long time. pakistan and india are nuclear-armed. what brought this question of putin, russi