Is GM feeling iffy about EVs?

Marketplace All-in-One

Marketplace

News, Business

4.5 • 1.4K Ratings

🗓️ 30 November 2023

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

General Motors is planning higher-octane cash returns for investors in an attempt to restore confidence in its main gig — making vehicles that are not electric. We’ll get into what this could signal for the broader EV industry. And, many of the Securities and Exchange Commission’s regulatory powers are on the line in a current Supreme Court case. We’ll examine what the case has to do with conservative justices’ disdain for the administrative state. Plus, a National Spelling Bee champion’s secret to success.

Here’s everything we talked about today:

- “GM Plans $10 Billion Stock Buyback in Bid to Assuage Investors” from The Wall Street Journal

- “Supreme Court’s conservatives voice concerns about SEC’s in-house enforcement” from The Hill

- “Supreme Court to consider multi-pronged constitutional attack on SEC” from SCOTUSblog

- “Major OxyContin case headlines December session” from SCOTUSblog

- Opinion | “I won the National Spelling Bee. This is what it takes to master spelling.” from The Washington Post

If you’ve got a question, comment or submission for a state drink, send them our way. We’re at 508-UB-SMART or email makemesmart@marketplace.org.

Transcript

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0:00.0	I'm Jeremy and I consider Make Me Smart to be the cornerstone of my continuing economic education.
0:07.0	I donate because I don't know where I'd be without the brain, heart, soul, and wit of this show.
0:12.0	Join me empowering this public media podcast,
0:14.6	head to Marketplace.org, slash Givesmart.
0:19.3	Who's in charge?
0:25.0	That would be one Carlos. Hello everyone, I'm Kimberly Adams.
0:29.0	Hello everyone, I'm Kimberly Adams.
0:30.0	Welcome back to Make Me Smart,
0:32.0	where we make today make sense.
0:34.0	I'm Kyle Rizal. Thank you for joining us on this Wednesday.
0:38.0	It's the 29th of November, I think.
0:41.0	Yes, it is. How is your holiday, by the way? It was very, it is. How was your holiday by the way?
0:43.0	It was very, very nice. All the kids were back. My mom was here for a spot-on-perfect two days.
0:49.0	And, you know, we had 14 people for Thanksgiving dinner. It was really nice. What about you?
0:56.7	Oh, it was good. It was good. I was at my mother's house. There were many children.
1:01.7	Many children. I love them all. They were
1:04.4	children. And no we all had a great time. It was good. So yeah, we are going to
1:12.0	do some news. We're going to do some smiles. So let's get to it
1:15.0	Kai what you got? I think it's a singular smile today by the way. I did not find anything that struck my fancy.
1:20.1	I'm not cranky. I'm not going to be I just I didn't find anything did it for me today.
1:23.0	So this is a little off the beaten path of the news these days of the macroeconomic news of the general political news in this economy.
1:32.0	I found an item that there was an item today in the Wall Street Journal that I found very interesting
	...

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