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Neal Boudette, Michigan-based New York Times reporter covering the auto industry talks about the economics of the auto industry and what's at stake in the strike.
The United Auto Workers are striking for higher wages and job security measures as the industry transitions to include electric vehicles. On Today's Show:Neal Boudette, Michigan-based New York Times reporter covering the auto industry talks about the economics of the auto industry and what's at stake in the strike.
A federal grand jury indicts President Biden's son Hunter on three gun-related charges. Meantime, the judge in the Georgia election interference case ruled Trump won't be tried next month. Rep. Kevin McCarthy dares his Republican detractors to remove his as Speaker. Plus, the United Auto Workers Union says it will go on strike at three factories if no deal is reached. And a new book shares the road map to happiness. Peter Baker, Barbara McQuade, Frank Figliuzzi, Matt Dowd, Amy McGrath, Seth Harris, and Neal Boudette join.
Nearly 150,000 auto workers could soon go on strike against the Big Three automakers in the U.S. The United Auto Workers are pushing for big changes, but the manufacturers say the costly transition to electric vehicles makes it too difficult to meet these demands. Laura Barrón-López discussed more with Neal Boudette of The New York Times. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders
Later this week, as many as 150,000 U.S. autoworkers may walk out in a historic strike against the three Detroit automakers, General Motors, Ford and Stellantis. The United Auto Workers union and the Big Three are still far apart in talks, and have only two days left to negotiate a new labor contract before the deadline.Neal Boudette, who covers the auto industry for The New York Times, walks us through a tangled, decades-long dynamic and explains why a walkout looks increasingly likely.Guest: Neal E. Boudette, an auto industry correspondent for The New York Times.Background reading: An auto strike is looming that threatens to shut down Detroit's Big Three.The United Auto Workers has said it is prepared to strike at General Motors, Ford and Stellantis if a deal is not reached before current contracts end.For more information on today's episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
New data from the National Highway Traffic Safety Administration says that over a 10-month period, there were nearly 400 car crashes that involved advanced driver-assistance technology. Think of Tesla's Autopilot or Full Self Driving Mode, and other tech like lane-keeping and adaptive cruise control. Tesla was responsible for about 70% of the crashes, but they also have more vehicles on the road. Neal Boudette, reporter for the NY Times, joins us for more. Next, with all the changing economic news, some workers don't feel as powerful as they used to. The tight labor market and the Great Resignation led employees to demand remote work and higher salaries, but as inflation continues and fears of a recession loom, people are looking for more security over flexibility and companies are taking note. Callum Borchers, On the Clock columnist at the WSJ, joins us for this change in attitude. Finally, children are increasingly becoming targets of ID theft and it usually goes unnoticed until they apply for a student loan or first credit card and find their credit scores are in the dumps. Identity theft affects about 1.25 million kids every year and most of the time these victims know the perpetrators personally, whether it is family member or caregiver. Tatum Hunter, tech writer at The Washington Post, joins us for how to protect your kids. See omnystudio.com/listener for privacy information.
0:10 - Markets are...green?12:45 - New comments from Fed Chair Jerome Powell regarding the economy's "softish landing".25:10 - Will Elon pull out of his deal for Twitter? A look at the latest.34:40 - Neal Boudette from the New York Times joins the show to discuss GM and his column: Mary Barra's ‘Long Game': Winning the E.V. Race
(0:38) - Barry and Brendan begin Tuesday's show talking about how investors view the Fed, and whether or not the Fed can successfully combat inflation.(13:19) - A conversation about the high cost of college and how many workers don't have a job in their field of study. (24:47) - Touching on who may be the successful bidder for Twitter, as well as what the social media giant's plans are to counter Elon Musk.(33:31) - Neal Boudette of The New York Times joined the show to tell us about how Ford's recent turnaround.
Andrew Jay Schwartzman (@aschwa02) is the Benton Senior Counselor at the Institute for Public Representation of Georgetown University Law Center. He directed Media Access Project, a public interest media and telecommunications law firm, for 34 years. Mr. Schwartzman serves on the International Advisory Board of Southwestern Law School's National Entertainment & Media Law Institute and on the Board of Directors of the Multicultural Media, Telecom and Internet Council and was the Board President of the Safe Energy Communications Council for many years. Mr. Schwartzman's work has been published in major legal and general journals, including Variety, The Nation, The Washington Post, COMM/ENT Law Journal, the Federal Communications Law Journal, and The ABA Journal. He has also been a frequent guest on television and radio programs. In recognition of his service as chief counsel in the public interest community's challenge to the FCC's June, 2003 media ownership deregulation decision, Scientific American honored Schwartzman as one of the nation's 50 leaders in technology for 2004. Schwartzman was the 2002 Verizon Distinguished Lecturer at Carnegie Mellon University, the 2004 McGannon Lecturer on Communications Policy and Ethics at Fordham University in 2004, and the Distinguished Lecturer in Residence at the Southwestern University School of Law Summer Entertainment and Media Law Program at Fitzwilliam College in Cambridge (2004). In this episode we discussed: possible scenarios regarding the AT&T/Time Warner merger. what an FCC under an Ajit Pai Chairmanship might look like. the possible future of net neutrality under a Donald Trump administration and Republican-controlled Congress. Resources Andy's Schwartzman's 'The Daily Item' Newsletter (subscribe here) Institute for Public Representation at Georgetown University Law Center The Industries of the Future by Alec Ross Yuge!: 30 Years of Doonesbury on Trump by G.B. Trudeau NEWS ROUNDUP A BuzzFeed analysis of news stories appearing on Facebook found fake news stories received more engagements during the final three months before the presidential election than news stories from the leading real news outlets. The difference was some 1.4 million combined likes, shares and comments. At a news conference in Germany, President Obama expressed concern about the spread of fake news saying Q“If we are not serious about facts and what's true and what's not ... if we can't discriminate between serious arguments and propaganda, then we have problems". On the Washington Post's The Intersect Blog, a fake news writer by the name of Paul Horner, who has written numerous fake news stories which have gone viral, expressed regret for the stories he wrote and said he thinks President-elect Trump won the election because of him. Facebook CEO Mark Zuckerberg was initially dismissive, saying the week before last that the notion of fake news having impacted the election in any significant way is a "pretty crazy idea". Since then, Zuckerberg has announced initiatives to identify fake news, such as through user generated reports. Meanwhile, a group of students participating in a hackathon at Princeton last week developed a Chrome plug-in that allows users to assess the veracity of news stories. -- Policymakers are increasingly concerned about the role that mobile apps play in distracted driving incidents. The National Highway Traffic Safety Administration says that between January and June of this year, highway fatalities were up 10.4% to 17,775, compared to the same period in 2015. Neal Boudette reports in The New York Times on goals set during the Obama administration to eliminate highway fatalities by 2047. -- SnapChat filed for an initial public offering last week. The IPO is expected to be valued at around $20 billion. It is the largest IPO since Facebook's in 2012. Reuters has more. -- Director of National Intelligence James Clapper has submitted his resignation after a 50- year U.S. intelligence career. In October, Clapper's office formally concluded that Russia was behind cyberattacks intended to sway the U.S. presidential election, and that Rusian President Vladimir Putin has almost certainly approved them. Clapper told the House Intelligence Committee that submitting his resignation "felt pretty good." Greg Miller has the story at the Washington Post. -- A new Federal Rule of Criminal Procedure--Rule 41--which would give federal authorities sweeping powers to search devices, is set to go into effect on December 1st. Currently, federal judges can only authorize searches within their own jurisdictions. Once Rule 41 goes into effect, judges will have the authority to issue search warrants for computers located outside their jurisdictional boundaries, potentially allowing a single judge to issue searches of millions of computers. Civil rights groups are concerned about the rule would intrude on innocents, particularly communities of color. Senator Ron Wyden has proposed legislation to scale back Rule 41, but it hasn't even gotten a committee hearing. On Thursday, Delaware Senator Chris Coons introduced legislation that would delay Rule 41's implementation. David Kravets covers this for Ars Technica. -- Twitter has suspended several accounts linked to the alt-right--super-conservative ideologues, many of whom promote white nationalism. The Southern Poverty Law Center had asked Twitter to remove about 100 accounts expressing white nationalist views for violation of Twitter's terms of service. Among the suspended accounts -- Richard Spencer, President of the National Policy Institute--an organization whose website says is "dedicated to the heritage, identity, and future of people of European descent in the United States." Spencer said Twitter's deletion of his account was akin to a "digital execution". USA Today notes that Spencer has called for removing blacks, Asians, Hispanics and Jews from the United States. Twitter CEO Jack Dorsey also apologized last week for allowing an ad promoting a white supremacist group. Jessica Guynn has the story at USA Today. -- Amar Toor at the Verge reported that China has threatened to cut iPhone sales if President-elect Trump follows through on his threat to declare China a currency manipulator and impose a 45% tariff on Chinese exports. China also threatened to limit automobile and other sales. -- It appears that the Trans-Pacific Partnership--the trade deal that would have enhanced American ties with 11 countries, counterbalancing China's influence in the region--appears to have been defeated even before President-elect Trump has taken office. The deal simply doesn't have enough votes in Congress, and President-elect Trump has stated he would oppose the deal. Elise Labott and Nicole Gaouette reported this for CNN. -- The GOP has successfully forced the FCC to cancel nearly its entire November open meeting agenda, which was supposed to take place last Thursday. Up for consideration were bulk data caps, the Mobility Fund, and a proposed rule on roaming obligations of mobile providers. One Freedom of Information Act request remained on the agenda. Senate Commerce Committee Chair John Thune had sent a letter to the FCC Tuesday warning against “complex, partisan, or otherwise controversial items.” Massachusetts Senator Markey blasted Thune's heavy-handed approach, with Thune responding that he was only referring to the most controversial items. Brendan Bordelon has the story in Morning Consult. -- Finally, the hold on Commissioner Jessica Rosenworcel's nomination has been lifted. Democrats Ron Wyden and Ed Markey had put a hold on the Commissioner's nomination following her rejection of the set-top box competition proposal. Rosenworcel will need to be confirmed before the end of the Commission in order to stay on. Some analysts are speculating that Rosenworcel might vote in favor of the set-top box rules currently on circulation. Brendan Bordelon covers the story in Morning Consult.
Purchasing Power Buying in bulk has never been more popular. Warehouse shopping at places like Costco and Sam's Club has sold many consumers on the procurement secrets of the Big Three -- buy in quantity and the unit price goes down. Whether or not that practice is good for every household is another question, however, there's no doubting that it's a winner for the OEMs. Just ask Tom Stallkamp. The former vice chairman and board member of DaimlerChrysler worked his way to the top through Procurement and Supply. Perhaps the only Big Three CEO to ever do so. And he got there by developing innovative purchasing programs and partnerships for Chrysler like SCORE (Supplier Cost Reduction Effort) and the company's 'Extended Enterprise' concept. Today, removed from the the daily automotive grind for more than a decade, Mr. Stallkamp is an Industrial Partner with the private equity group Ripplewood Holdings, yet he remains a keen observer of the industry. This week on Autoline Detroit John McElroy welcomes Thomas Stallkamp, one of the most successful automotive leaders in the last thirty years, to the program for his analysis on the continuing upheaval in the automotive world. Joining John on his panel are Edward Lapham from Automotive News and Neal Boudette of the Wall Street Journal.
Purchasing PowerBuying in bulk has never been more popular. Warehouse shopping at places like Costco and Sam's Club has sold many consumers on the procurement secrets of the Big Three -- buy in quantity and the unit price goes down. Whether or not that practice is good for every household is another question, however, there's no doubting that it's a winner for the OEMs. Just ask Tom Stallkamp. The former vice chairman and board member of DaimlerChrysler worked his way to the top through Procurement and Supply. Perhaps the only Big Three CEO to ever do so. And he got there by developing innovative purchasing programs and partnerships for Chrysler like SCORE (Supplier Cost Reduction Effort) and the company's 'Extended Enterprise' concept.Today, removed from the the daily automotive grind for more than a decade, Mr. Stallkamp is an Industrial Partner with the private equity group Ripplewood Holdings, yet he remains a keen observer of the industry. This week on Autoline Detroit John McElroy welcomes Thomas Stallkamp, one of the most successful automotive leaders in the last thirty years, to the program for his analysis on the continuing upheaval in the automotive world. Joining John on his panel are Edward Lapham from Automotive News and Neal Boudette of the Wall Street Journal.
With General Motors and Chrysler eliminating thousands of dealers last week, will those dealers turn to foreign manufacturers to put product in their showrooms? On this edition of Autoline EXTRA, Joe Serra, president of the Serra Automotive Group joins John McElroy and his panel, to offer his insight on the issue. Mr. Serra also talks about his decision to start selling Fisker electric vehicles in some of his showrooms. And also discussed is the new fuel economy regulations and how it will affect the mix of vehicles in the United States. Also joining in the discussion is Neil Boudette from the Wall Street Journal, and auto analyst Aaron Bragman from IHS Global Insight.
Thinning The Herd Darwin observed it in the Galapagos while Rockefeller watched it on Wall Street. Call it natural selection, call it the free market, it all comes down to survival of the fittest. But what happens if everyone survives; strong, average and the weak as well. Some, like elements of our federal government, believe it puts the majority in peril, and so, they opt to "thin the herd." And that's exactly what we saw happen last week with the cutting of more than 2,000 Chrysler and General Motors dealerships. So this week Autoline tackles the topic of the brave, new and sometimes unfair world of automotive retail. Joining John on the panel is Neal Boudette, Detroit Bureau Chief of the Wall Street Journal, Aaron Bragman, automotive analyst from IHS Global Insight and a man whose family has been knee deep in the car business for more than 50 years, Joe Serra of the Serra Automotive Group.
With General Motors and Chrysler eliminating thousands of dealers last week, will those dealers turn to foreign manufacturers to put product in their showrooms? On this edition of Autoline EXTRA, Joe Serra, president of the Serra Automotive Group joins John McElroy and his panel, to offer his insight on the issue. Mr. Serra also talks about his decision to start selling Fisker electric vehicles in some of his showrooms. And also discussed is the new fuel economy regulations and how it will affect the mix of vehicles in the United States. Also joining in the discussion is Neil Boudette from the Wall Street Journal, and auto analyst Aaron Bragman from IHS Global Insight.
Thinning The HerdDarwin observed it in the Galapagos while Rockefeller watched it on Wall Street. Call it natural selection, call it the free market, it all comes down to survival of the fittest. But what happens if everyone survives; strong, average and the weak as well. Some, like elements of our federal government, believe it puts the majority in peril, and so, they opt to "thin the herd." And that's exactly what we saw happen last week with the cutting of more than 2,000 Chrysler and General Motors dealerships. So this week Autoline tackles the topic of the brave, new and sometimes unfair world of automotive retail. Joining John on the panel is Neal Boudette, Detroit Bureau Chief of the Wall Street Journal, Aaron Bragman, automotive analyst from IHS Global Insight and a man whose family has been knee deep in the car business for more than 50 years, Joe Serra of the Serra Automotive Group.
Starman Too many channels, not enough listeners, pools of red ink -- welcome to the world of satellite radio. Despite its myriad of advantages and incorporation into many new cars and trucks, both Sirius and XM Radio seemed more hooked to financial life support than to fleets of vehicles the last few years. It was as if the business was crying for, as David Bowie put it, "a Starman waiting in the sky" to supernaturally save the service. Well, that celebrity executive landed at Sirius some four years ago in the form of Mel Karmazin with a resume that included running Infinity Broadcasting, CBS Radio and as well as the entire CBS Corporation. Since his arrival he has not only increased subscriptions but more importantly brokered a merger between the two services believing that one strong company can prosper in this less than predictable economy. This week Autoline welcomes Mel Karmazin, CEO of Sirius XM Radio. Host John McElroy along with panelists Neal Boudette from The Wall Street Journal and Jeff Gilbert of WWJ Newsradio Detroit talk to this Hall of Fame broadcast executive about his survival plans for Sirius XM and the important role the auto industry plays in the process. And don't forget you can catch more with Mel Karmazin at our website (http://www.autoline.tv/) in our Internet-only segment, Autoline EXTRA, as well as our brand new global automotive newscast Autoline Daily as soon as you see this e-mail. So if you'd like to know what the "Starman of Sirius XM" plans for the media in your car or truck, check out this week's Autoline.
Mel Karmazin, CEO of Sirius XM Radio joins John McElroy on this edition of Autoline EXTRA. Mr. Karmazin discusses what role telematics will play for Sirius XM in the future and what applications are already in use. He also shares his thoughts on HD Radio and what impact it will have for Sirius XM. Joining John in the discussion are Neal Boudette from The Wall Street Journal and Jeff Gilbert from WWJ Newsradio 950.
StarmanToo many channels, not enough listeners, pools of red ink -- welcome to the world of satellite radio. Despite its myriad of advantages and incorporation into many new cars and trucks, both Sirius and XM Radio seemed more hooked to financial life support than to fleets of vehicles the last few years. It was as if the business was crying for, as David Bowie put it, "a Starman waiting in the sky" to supernaturally save the service. Well, that celebrity executive landed at Sirius some four years ago in the form of Mel Karmazin with a resume that included running Infinity Broadcasting, CBS Radio and as well as the entire CBS Corporation. Since his arrival he has not only increased subscriptions but more importantly brokered a merger between the two services believing that one strong company can prosper in this less than predictable economy.This week Autoline welcomes Mel Karmazin, CEO of Sirius XM Radio. Host John McElroy along with panelists Neal Boudette from The Wall Street Journal and Jeff Gilbert of WWJ Newsradio Detroit talk to this Hall of Fame broadcast executive about his survival plans for Sirius XM and the important role the auto industry plays in the process.And don't forget you can catch more with Mel Karmazin at our website (http://www.autolinedetroit.tv/) in our Internet-only segment, Autoline EXTRA, as well as our brand new global automotive newscast Autoline Daily as soon as you see this e-mail.So if you'd like to know what the "Starman of Sirius XM" plans for the media in your car or truck, check out this week's Autoline.
Mel Karmazin, CEO of Sirius XM Radio joins John McElroy on this edition of Autoline EXTRA. Mr. Karmazin discusses what role telematics will play for Sirius XM in the future and what applications are already in use. He also shares his thoughts on HD Radio and what impact it will have for Sirius XM. Joining John in the discussion are Neal Boudette from The Wall Street Journal and Jeff Gilbert from WWJ Newsradio 950.