the lung water levels have also attracted treasure hunters on the lookout for precious. coming up in our business segment with gary hodson a decade after air b.n. b. burst on to the scene regulators and tenants are complaining about rising rents and housing shortage as we look at whether air b.n. b. is tenth anniversary marks the end of a honeymoon period. that had much more still to. play. they make a commitment. they find solutions. they inspire. africa on the road. stories from both people who maintain a difference in shaping their nation. and their continent africa on the

move the stories about motivational change makers taking their destinies into their names. t w t maybe a series from the first couple. d.w. dot com click on the most. rule. happy birthday abby and be good riddance the home sharing website turns ten regulators sensitive to well as a round the world wish it would just go away. and congress relations to our poll figures published as they pushed the i phone maker is not going to crap beyond the magic one trillion us dollar mark. fuel efficiency standards for cars in the u.s. on the government review and environmentalist not happy. this is

your business i'm going out of as welcome apple has become the first company to reach a one trillion dollar market capitalization a historic feat apple's value is likely to slip in and out of trillion territory in the next days but it's bumpus second quarter results on thursday increased in montana to help to breach that bet. the share price hit two hundred seven dollars and all of a sudden apple was worth a trillion dollars the company made its market debut in one thousand nine hundred eighty with a share price of thirty nine cents if you bought ten thousand dollars worth of shares back then your investment would now be worth six point four million apple's clearly come a long way in one nine hundred ninety seven the company found itself on the brink of collapse when the macintosh wasn't selling consumer seemingly unwilling to pay more for it than its microsoft alternative. but with the introduction of the i pod

and the i phone things began to look up again the devices the design winning apple a cult following after the death of founder steve jobs tim cook took over at the helm under his leadership apple became the biggest stock market success in u.s. history brings some new features today that the everyone has i phones i pads i products and no oil to be on there is significant they had been able to continue to sell product increasing prices higher margins the question a question always is can they continue it you know what's the next product they'll have what's the competition doing you know with the joke being that the next apple competitor is an eighteen year old sitting in a garage somewhere apple's still has its current competitors to worry about earlier this week china's while way over took apple as the number two smartphone maker in

the world. and here is another tech industry landmark abyan b. is ten years old today the home sharing website has disrupted the travel industry like none other shaken up business models turning tenants until hotel is and putting small independent hotels out of business as one of the first to capitalize on the so-called sharing economy but resistance is growing fast in many places around the world for residents and regulate has a lock. munich has the highest rents in all of germany it's also a major tourist destination some residents here and good returns of the air b.n. b. apartments as these officials in the local authority know only too well meaning homeowners and tenants need a permit to rent out their apartments for more than eight weeks a year. the investigators suspect a tenant here illegally renting out properties all year round. suddenly from going out for instance if somebody said started in twenty seventeen with this apartment

he was a kind of big player few rented lots of flags and then subset and then would be in the bin below on the biggest for me to. the investigators pay a visit to the apartment and speak to vacation was to gather evidence. their landlord will receive a hefty fine potentially up to five hundred thousand euros in. the from me to you can rent the place per day four hundred to two hundred fifty euros or if you do the math on the monthly rent is covered up to just ten days of. finance the old enough to that you start making a profit with a park but given of all. the idea behind air b.n. b. is that tourists like to feel at home. since its founding the company has grown from one hundred thousand registered listings to four and a half million air b.n. b. rents out more rooms in munich than the five largest hotel chains combined. you know

how mergen northern germany some landlords have even kicked out long term tenants so that they can profit from the air b.n. b. boom money could have a vote suspected that's what's happened to her. she lived in her apartment for thirty three years she raised her children there and knew all her neighbors and she got an addiction notice the land of claims you needed the flat for his own use. that. someone suggested i take a look at the m b if they suspected it was being offered on their website. that this is the out on ebay and be part of her kitchen are still in the apartment it now costs fifty nine years polite that's eight hundred a month more than four times the original rent money going to be able now is to pay much higher rent elsewhere and he's suing. b. and b. for tourists a cheaper option behold days around the world but for residents looking for rentals it's a potential nightmare. so that's why the n.b.a.

is celebrating its tense and a very serious and european authorities are tightening the screws from amsterdam oberlin to madrid officials are limiting the number of days who would have thought and maybe rented and slapping fines on violate his paris is suing the company for failing to take down on registered listings and a few weeks ago in new york moved to require registration to stephen with the from a business department is joining me now who seem you've looked into this story is the honeymoon with it being built. or your heart i think that members of the sharing economy like air b.n. b. and over have always faced scrutiny from years back and usually that was over things like security or the liability of the host or the driver in this case with air b.n. b. it's facing scrutiny about its effect on a more structural issue its effect on the housing markets and so what you're seeing is of course all these actions taken by cities claiming that air b.n. b.

is raising rents that is taking housing from the market and we see that through stories like this one which we just saw someone who lost their apartment and then saw listen on air b.n. b. and also my studies which really show us how air b.n. b. works for example in new york city there was a report issued by mcgill university in the city which showed that ten percent of all air b.n. b. rentals accounted for half or ten ten percent of hosts accounted for half the rentals and half the revenue in the city and that other big companies have grown out of this business model using it being right it's become more and more attractive for commercial enterprises to do it and air b.n. b. will tell you and they've claimed throughout these arguments that you know these are important for middle class homeowners who actually they need something to supplement their income and studies have shown well actually that's not necessarily case in places like new york and it's probably similar in places like paris berlin cetera why is it sold. is the backlash so big in europe. i mean europe is always going to be a more regulatory market than the u.s. first of all but second of all international tourism is growing is growing fast is

the middle class grows and europe is always the top destinations so you know when there are changes in tourism they're going to be felt here and especially when you start seeing tourists in neighborhoods where they traditionally haven't been you start hearing those rolling suitcases in smaller neighborhoods they're known for being hip trendy whatever are no longer relegated to the central hotel district but also in cities like this like berlin there's a housing crunch prices are going up construction is not filling that gap and investors need to park their money increasingly in real estate to get a return because they're not going to get it through other vehicles now when they do that and they're not living that property there's an incentive maybe to put it on air b.n. b. and as we saw in that piece make more money that way instead of dealing with renters instead of making less money through renters so the incentive is there steve misses thank you very much opposition is stirring in the u.s. over a government plan to freeze an obama era vehicle fuel efficiency standards comic

has would save money critics say it would have all the costs. it would be good news for the auto industry assembly line workers and dealers say u.s. agencies pushing for the reversal of the stricter obama air regulations would raise car prices by twenty three hundred dollars on average they say fewer consumers would be able to afford newer and safer vehicles thus raising traffic deaths the argument goes. but critics say the looser regulations would contribute to climate change they say the real health issue is emissions. especially in big cities like here in l.a. . well the air quality around here hasn't been great and it hasn't been great for a long time i think that that's probably the opposite direction that we should be moving and i think there should be more stringent regulations and not less. i mean if the effects are every day quality of life effects the way we breathe that affects how we feel it's not just some kind of political game. the obama regulation

would require vehicles to consume two leaders of gasoline less per one hundred kilometers manufacturers would also be push to put more electric vehicles on the roads without the new standards g.m. ford and chrysler would each save sixty billion dollars the u.s. government would also withdraw the rights of states to enact their own rules as california has long done. if there is a final proposal to roll that california's waiver the state will sue and i think the first thing we'll do is they will ask a court to leave the current regulations in place because one of the big issues is one of the automakers supposed to comply with they have pretty long lead times for their productions and so they need to know within the next year probably for twenty twenty one vehicles what standards that can have to comply with the issue isn't yet settled government agencies will hold hearings in the coming weeks and various

interest groups will be invited. to. one of those american carmakers general motors wants the u.s. to exempt one of its s.u.v.s from new twenty five percent tariffs against vehicle imports from china that's because g.m. manufactures the buick envision in china because the vast majority of the mid-size is u.b.s. also tab boss it sends another forty thousand back to the u.s. on the early and says it needs those revenues to invest in u.s. facilities. and that's it for me on the business team here in berlin i'll have an update for you and then i'll buy.

kickoff life. they're ready to risk everything for a new life camerino when fabby and see themselves as men in women's bodies. both are having a sex change. and both play soccer how does that affect their lives on and off the field. next.

to africa smart solutions for collin vironment. denies nasi horse is endangered they're only found at the mounds of three rivers in south africa and the habitat is under threat from pollution. project aims to permanently protect the rare species. go into africa. and germany with. any time any place. the news video never. had of the benefit of. songs to sing along to download it is to come

from super. to be. very closely into active exercises the hard thing about that d w djoko mustache dr land on facebook in the uk still. german so for a little devon you. respond in just the last of which much weight comes off implodes. like i said.