and plenty of other problems in his in—tray, can kelly ortberg cut out the turbulence? welcome to business today. 233,000 is today's magic number. it was that many americans claiming unemployment last week. crucially that's fewer than expected. you could almost hear the sigh of relief on wall street as us markets rose on the news. investors confidence in the us economy is up and enjoying this postive sign from the labour market. it follows that sharp stock market sell off earlier in the week on recession fears. so let's assess where this leave things with our north america business correspondent in new york, michelle fleury. michelle, banks and ceos are now judging the likelihood of a recession or hard landing at around the 30% mark but it's a dark cloud that's been hanging

over the economy for 18 months now. will these figures help calm fears? it certainly eased fears among investors who have been selling off stocks sharply in the last couple of days because they are worried about what will happen next with the world to�*s biggest economy. the data today shows how many americans claimed unemployment and if you look below the headlines in the number claiming benefits, it was fewer than expected. interestingly, some reasons for that has to do with texas and the recovery from the hurricane and also in michigan, car plants reopening because typically their idol during the summer and in

slower months they return to work there and i think that played into these numbers. it shows the economy at least on their neighbour front which has been red—hot for the past few months continues to be not terribly. it is slowing but not as much as people fred on friday. if we ste back much as people fred on friday. if we step back that _ much as people fred on friday. if we step back that everyone received from the monthlyjobs report, the only way that would be satisfied is when the next report comes out in the month's time. how are they looking to plug the hole of labour shortages with the number of americans retiring in their tens of thousands a day and that number growing up recently?— thousands a day and that number growing up recently? people have been looking _ growing up recently? people have been looking at, _ growing up recently? people have been looking at, particularly - been looking at, particularly amongst the boomer generation, retiring and that research seems to

point to the idea that the pandemic led to an acceleration of that trend. that is partly what is contributing to this tightness in the labour market which has helped the labour market which has helped the federal reserve while trying to fight inflation, that because of the tight labour market, and there is a survey out today from the conference board and its a report into how ceos are feeling about the economy and one area would be kind to rising wages is they still think they are adding jobs but also raising wages over the next coming months and the reason is because even though inflation may be coming down, it's about tightness in the labour market that they feel they have to keep a lot people. that they feel they have to keep a lot --eole. ., ~ that they feel they have to keep a lot --eole. . ~ i. the troubled us plane—maker boeing has a new boss starting today. kelly 0rtberg has been brought in to tackle a host of problems that are threatening the future of the company. his predecessorfailed to bring

about all the improvements and restore trust. mr 0rtberg is spending his first day meeting staff on the factory floor in seattle where planes are put together. his message to them is that people's lives depend on them doing a good job. the company is still struggling with the impact of two fatal crashes which killed 346 people in ethiopia and indonesia. there are also problems with the defence and space sides of the business , which have left two astronauts stranded in space. murdo morrison, head of strategic content at the industry publication flight global has been explaining why mr 0rtberg has taken the job despite the mountain of challenges. he's come out of retirement to do thisjob, and it is the biggestjob in aerospace. so i think that in itself probably was probably enough to tempt him to take on which is a huge challenge. i mean, in all parts of boeing's business, notjust its commercial business, but in defence as well in space, they've got huge problems, which he is going to have to sort

out and sort out very quickly. and really, the first thing he's going to have to do is restoring trust. and that's restoring trust with staff, with shareholders, with customers, with airline customers, government customers and with passengers as well. so he really does have a lot to do. there were other candidates, i think. i think kerry 0rtberg has got a pedigree in the industry. he's an engineer, which i think is important because dave calhoun was not an engineer, was a he was a finance guy and accountant. now, that is important. boeing have had engineering ceos in the past who perhaps haven't done well, but i think for 0rtberg, he really has this sort of pedigree, running rockwell collins, bringing that company through two mergers with bigger companies, and then retiring. and i think, as i said, this is really his chance to come back and, and perhaps sort of really

prove himself in the biggest job in aerospace. mohammed yunus has landed in bangladesh to start rebuilding the country after student protests led to a change of government. 0n the shop floor, the garment factories in bangladesh, which supply major western brands such as h&m, zara and carrefour, have reopened after days of shutdown. bangladesh is the third largest exporter of clothing in the world and the sector is crucial for its economy as it attempts to rebuild. here's archana shukla with more. it's the lifeline for the economy. the largest dollar earnerfor bangladesh. governments account for over 83% of the country's export, and even a day of shutdown means losses from h&m to zara, gap, uniqlo, marks and spencer among hundreds of other global brands sourced from bangladesh. it is the third largest textile exporter globally after china and the european union, and this, in fact, is their main work season.

preparing for the christmas shipments and taking work orders for summer and spring. but the factories had to close for over ten days owing to curfews and internet shutdowns. port closures affected shipments. some factories were even vandalised. 70% of factories have now reopened, but intensifying protests have disrupted order flows. a few traders we spoke to believe this instability could partly divert some global textile orders to indian factories, maybe for the short term. but it is crucial for bangladesh now more than ever to get its garment factories up and running smoothly. foreign reserves are shrinking. there's a mountain of debt and exports plummeting have triggered alarm bells even for global rating agencies like the s&p. but reopening is also crucial for its four million garment workers. one of them, who participated in the protest, told me they are happy the government was ousted and are hopeful factories resume full production soon and their wages improve.

the riots that have rocked the uk in the last week have had a massive impact on businesses. many have been forced to close to protect staff and assets. and with many businesses still feeling the impact from the pandemic it's a concerning time including for one ramen restaurant brand. joining me now is emma reynolds and ken yamada, founders of the tonkotsu restaurant group. they have multiple outlets in london, birmingham and brighton. emma, i understand you've had to close some of the outlets? at the request of employees or your locations? yes, yesterday there was disruption in brighton and walthamstow and we took the decision to close our brighton restaurant at 5pm yesterday. the team were very concerned about getting home and their welfare is our first priority is to be made the decision on that

basis. �* ., , ., , is to be made the decision on that basis. ~ . , ., , ., basis. and was at the request of our basis. and was at the request of your employees _ basis. and was at the request of your employees or _ basis. and was at the request of your employees or a _ basis. and was at the request of your employees or a group - basis. and was at the request of - your employees or a group decision? what were the main concerns? we made the decision on — what were the main concerns? we made the decision on the _ what were the main concerns? we made the decision on the basis _ what were the main concerns? we made the decision on the basis of— what were the main concerns? we made the decision on the basis of how - what were the main concerns? we made the decision on the basis of how the - the decision on the basis of how the team felt, obviously we were keeping an eye on local news as much as possible, is very fast moving and hard to plan for so we try to be as reactive as possible. the team were fearful of going home late, they knew from social media there would be some disruption close to the restaurant so brought the outdoor furniture in by lunchtime and by 4pm we listened to their concerns and said there was a most important thing and we went ahead on that basis. �* ., ., , ., ., basis. and the other outlets around the country — basis. and the other outlets around the country were _ basis. and the other outlets around the country were 0k? _ basis. and the other outlets around the country were ok? you - basis. and the other outlets around the country were ok? you kept - basis. and the other outlets around l the country were ok? you kept those open? tote the country were ok? you kept those 0 en? ~ ., ., , open? we did. the other was walthamstow, _ open? we did. the other was walthamstow, there - open? we did. the other was walthamstow, there was - open? we did. the other was walthamstow, there was a i open? we did. the other was i walthamstow, there was a huge open? we did. the other was - walthamstow, there was a huge edl march predicted to happen yesterday evening but what actually happened

was a huge antiracist gathering, eight to 10,000 people. some of the senior team went up to look after the restaurant, a couple who didn't feel comfortable coming to work to be given the option to go home. i take it minute by minute based on advice locally, we stayed open and it ended up being really peaceful and we were open and trading throughout. ken, how uncomfortable has the last few days felt? obviously i'm an immigrant myself, i've obviously i'm an immigrant myself, we lived _ obviously i'm an immigrant myself, we lived in— obviously i'm an immigrant myself, i've lived in the uk for 36 years but is _ i've lived in the uk for 36 years but is something that i feel deeply connected to and it's very sad to see when— connected to and it's very sad to see when something like that has happened. ever since emma and i set ”p happened. ever since emma and i set upthe— happened. ever since emma and i set up the business over a decade ago, we wanted — up the business over a decade ago, we wanted to create a culture of inciusivity — we wanted to create a culture of inclusivity where everybody feels safe to _ inclusivity where everybody feels

safe to come to work and when something like that happens, naturally everybody feels uncomfortable. an overwhelming message — uncomfortable. an overwhelming message between the team has been very supportive and caring for that reason, _ very supportive and caring for that reason, so — very supportive and caring for that reason, so it's been uncomfortable but reassuring.— reason, so it's been uncomfortable but reassuring. what kind of impact has happened _ but reassuring. what kind of impact has happened in — but reassuring. what kind of impact has happened in your _ but reassuring. what kind of impact has happened in your revenue? - but reassuring. what kind of impact has happened in your revenue? the im act is has happened in your revenue? the impact is the closure of registrants, i don't how long the unrest _ registrants, idon't how long the unrest wiii— registrants, i don't how long the unrest will go on for but that is a direct— unrest will go on for but that is a direct impact. insurance wise, we're not quite _ direct impact. insurance wise, we're not quite sure yet but as for damage. _ not quite sure yet but as for damage, we will speak to insurance. emma, does this put you off opening other branches? no, we hope it's short—lived. we have a new restaurant opening in

bristol in a month's time, we're very excited about it. this alone not put a self opening a restaurant. hospitality has been through the ring in the past few years and we are excited about the future of the business and hopefully these protests will be a blip.- business and hopefully these protests will be a blip. that's it from business today.

let's bring you some breaking news now — we've had an update from the national police chiefs' council after the recent unrest around the country — they say the number of people arrested has risen to a83 with 149 charged. they added, "those who have taken part in violent disorder are continuing to face the consequences of their actions as police make further arrests and progress their investigations."

three upcoming taylor swift concerts in vienna have been cancelled because of a possible security threat. the shows were part of the singer's eras tour and had been due to start tonight. two people have been arrested on suspicion of planning islamist attacks. a short time ago, authorities released this image of the alleged suspect, a 19—year—old, with north macedonian roots, but did not name him. austria's general director for public security said the man made a full confession in custody. 0ur correspondent lauren moss has the latest. welcome to the eras tour. she's performed more than 100 shows to millions. this has been the most extraordinary experience of my entire. but taylor swift's next three concerts in vienna are now cancelled over concerns of a suspected terror threat. two people were arrested on suspicion of planning attacks at events in the austrian capital, including the ernst happel stadium. yesterday, chemicals were found at the home

of a 19—year—old austrian man in ternitz, south of vienna.