Wilbur Ross: Acquisitions Over Hiring
Airtime: Tues. Aug. 31 2010 | 8:00 AM ET
How to offer incentives that will get companies hiring again, with Wilbur Ross, Jr., WL Ross & Co. chairman & CEO.

Airtime: Tues. Aug. 31 2010 | 8:00 AM ET
How to offer incentives that will get companies hiring again, with Wilbur Ross, Jr., WL Ross & Co. chairman & CEO.

Discussing the luxury markets and retail sales overall, with Andrew Wolf, BB&T Capital Markets food & drug retail sector analyst.

“The big risk is that there will be a downturn in markets that could impact the bond, the equity and the credit markets,” Nouriel Roubini, chairman of RGEMonitor.com, told CNBC when discussing the economic outlook Friday.

A countdown to the opening bell, with Arthur Cashin, UBS Financial Services director, floor operations.

CNBC’s Phil LeBeau reports that China’s SAIC has informally approached GM about getting in on its IPO later this year. The company is said to have a 13-year relationship with GM.

“We’re going to have another recession, I guarantee you… By 2012 say, it’s time for another recession,” Jim Rogers, chairman of Rogers Holdings, told CNBC Wednesday. “The next time it’s going to be worse because we’ve shot all of our bullets,” he added.

If we don’t strengthen the ECB and European Commission, we should dismantle the euro, Carlos Gutierrez, former commerce secretary and former Kellogg CEO, said Thursday. “We’re at an inflection point,” he said. “The whole concept of the euro is being tested.”