Nov 26, 2018

Great deals on Monday, clogged streets by Wednesday

With the economy as strong as it is right now, retailers are expecting a big Cyber Monday. But whether those gifts are for yourself or someone else, they have to get to your door somehow, and that's contributing to holiday season gridlock. But first: GM President Charles E. Wilson once said what's good for the country was good for General Motors and vice versa. So what about those 14,000 layoffs GM announced today? We'll talk about it. Plus: The economic consequences of climate change.

Segments From this episode

Brexit

Many in the U.K. are rethinking Brexit as deal moves forward

by Stephen Beard

Nov 26, 2018

Some businesses are among those wanting a second referendum on whether the United Kingdom should remain in the EU.

A pedestrian shelters beneath a Union flag-themed umbrella near Big Ben and the Elizabeth Tower at the Houses of Parliament in central London on June 25, 2016, following the pro-Brexit result of the U.K.'s EU referendum vote.

JUSTIN TALLIS/AFP/Getty Images

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How climate change will alter the economy

by Sabri Ben-Achour

Nov 26, 2018

Late Friday, the White House released the Fourth National Climate Assessment. And it was dire. Among the predictions: If we don’t take global warming seriously by the end of this century, the American economy will be 10 percent smaller than it otherwise would have been. Click the audio player above to hear the full story. […]

An iceberg floats through the water on July 21, 2013 in Ilulissat, Greenland.

Joe Raedle/Getty Images

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General Motors kills 6 models as sales decline

by Jed Kim

Nov 26, 2018

GM is betting that drastic cuts now will help them survive the downturn ahead.

The newly unveiled 2014 Chevrolet Impala is diaplayed at the New York International Auto Show at the Jacob Javits Convention Center on April 4, 2012 in New York City.

Mario Tama/Getty Images

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GM pursues winning skill set with big layoffs

by Justin Ho

Nov 26, 2018

General Motors is shutting down production of some of its less-profitable vehicles, closing some plants and cutting an estimated 14,000 jobs. It will double its investment in autonomous and electric cars in the next two years in an effort to get ahead of major changes in the automotive landscape in America. Click the audio player […]

A sign is viewed at the General Motors Detroit-Hamtramck Assembly as they announced the closing of multiple facilities including this one on November 26, 2018 in Detroit, Michigan.

JEFF KOWALSKY/AFP/Getty Images

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With the economy as strong as it is right now, retailers are expecting a big Cyber Monday. But whether those gifts are for yourself or someone else, they have to get to your door somehow, and that’s contributing to holiday season gridlock. But first: GM President Charles E. Wilson once said what’s good for the country was good for General Motors and vice versa. So what about those 14,000 layoffs GM announced today? We’ll talk about it. Plus: The economic consequences of climate change.