7 x. 8 the plane maker has to compensate airlines for disruptions and delivery delays and it's unclear when the max 8 will take to the skies again. stephen beardsley will have that story and more coming up next stay tuned for that i'm always have more news coming for you at the top of the hour as well thanks for watching. how about taking a few minutes you could even take a chance on. don't expect happy endings.

earth home to millions of species. worth saving. google indias tell stories of creative people and innovative projects around the world like to use them protect the climate boost green energy solutions and reforestation. using interactive content to inspire people to take action google audience the environment series of google 3000 on t.w. and online. the global grounding of the $737.00 max drags on boeing now says it will shell out billions to compensate airlines so why is the plane maker stock going up. also on the show the island charms of mika knows come a happy price tourists are facing sticker shock on the famed greek isles. and

a new kind of electric motorcycle is throttling up get ready to pedal up to 80 kilometers an hour. this is your do you have your business report i'm stephen bears in berlin thanks for joining us deadly crashes in indonesia ethiopia a long list of lawsuits and the aircraft at the center of the controversy still hasn't been fixed boeing hopes to get regulatory approval to return the $737.00 max to the skies in the 4th quarter but that timeline is only an estimate and with airlines losing money on the model the plane maker has now announced it will set aside billions to compensate them. it's the company's best selling plane and a model that's become synonymous with tragedy regulators grounded the 737 max in march after the deaths of 346 people in 2 crashes blamed on faulty software. the move led to the cancellation of thousands of flights. for which boeing is now

counting the cost the company has set aside $4900000000.00 to compensate airlines and their customers boeing has also reduced production that will cost the company around another 1700000000 dollars it has warned investors to expect profits to plunge as a result the announcement comes just days after the u.s. house of representatives held a hearing on aviation safety. among those who testified was paul rogaine who lost his wife and 3 children in the ethiopian airlines crash in march boy and should not be allowed to act like an investment company extracting world to supercharge shareholder returns at the expense of safety and quality their leadership should change in favor of engineering 64 cars. earlier this month the plane maker announced it would be creating a $100000000.00 fund to support the families and communities of the crash victims

the figure is around the same as the list price of a single 737 max boeing says it expects the model to be back in the air by the end of the year but the shadows of the ill fated model will be cast far longer than that dozens of lawsuits are still pending and boeing's reputation for safety may have been tarnished for ever and let's talk now to our financial correspondent in new york yes quarter yes boeing setting aside a pretty big chunk of change there so why the company's shares go up today. this year is to get did go up quite a bit actually they went up by about 4 and a half percent was that boeing was by far the biggest winner in the dow jones industrial average here shortly before the weekend wall street sometimes had its own reasoning what wall street likes to see is certain price take to get a number they can play around with and calculate how the financial itself will be

affected but as you mentioned earlier those of roughly $5000000000.00 that only covers the clients or the airlines we are not talking about what's going to happen with potential lawsuits other costs related to the grounding and we also still don't know when the f.a.a. will eventually allow boeing so that those machines can lift off again sold the 4th quarter is an estimate but it could also drag into 2020 we will get more financial insights next week wednesday when boeing is out with their quarterly results and certainly we had was a bit of a surprise that boeing jumped so much on that news now u.s. markets are on track for another month of gains and that's based largely on the expectations that the fed will cut interest rates at the end of this month so what makes investors so certain that this will happen briefly if you can. well basically

we had a lot of members of the federal reserve making statesmen that leave no doubt that by the end of the month at the next meeting on july 31st there will be a rate cut richard florida for example the vice of the federal reserve has said it might be wise to eggs rather sooner than later so that you and before the downturn actually really happens we had other members were saying pretty much the same the only question at this point seems to be if it will be a cut by $25.00 or by 50 basis points but the outlook for cheaper money in the u.s. that really got the market going in the past couple of weeks even if in this week the market would last about a half percentage and it well you know but we are still just a half percentage shy of new records on wall street so a lot of time before that meeting of course with the latest in new york. finally saved up for that greek island vacation you might want to save a little more at least if you're going to make a nose the popular island is seeing

a surge in prices to match a surge in turrets now the government says it's getting involved. making notes is known for its turquoise blue waters glittering beaches and blitz white buildings but lately terry say prices here are out of control. the price gouging stems from the government leasing of beaches to businesses who then set their own prices in fact 80 percent of the beaches on me canopus are privately run. at one beach the cheapest bottle of wine will cost you 170 year olds and a bottle of water will set you back 10 euro. i think a committee that. sees that. we've. seen the. photos of job dropping restaurant bills have spread across social media one man posted a check for $591.00 euro's for 6 pieces of calum ari authorities on the island have

closed several restaurants as a reaction to similar posts we call we go all the mayor goals they can see. police sometimes to let tourists know where to go and not go if somebody is not good with tourists the greek travel and tourism sector grew almost 7 percent last year authorities are hoping to keep that industry growing by keeping tourists and businesses happy. and i hear there are other greek islands over germany buyer has welcomed a call from a u.s. judge to cut a damages award to a california couple a jury found its glyphosate based weed killer caused their cancer but the judge says $2000000000.00 was too much and once the case retried earlier this week another judge lowered the damages in a similar judgment against buyer the german chemicals company faces huge legal bills over the herbicide roundup which is produced by a subsidy of its subsidiary excuse me monsanto. well saturday marks the

50th anniversary of the 1st moon landing was setting foot there wasn't enough space for space agencies and now private enterprises with earth's growing appetite for raw materials the race is on to find minerals on the moon and beyond. just days ago the japanese space probe high a booster 2 landed on the asteroid reuse over 300000000 kilometers from. it's there to take samples from beneath the surface and bring them back home together with france and germany the japanese space agency and aims to find out what the asteroid is made of and if there might be any valuable role materials hidden within. the sick or what's involved with the project is a world 1st with multi sampling to landings and a collection of under surface samples to move through its or some think with. the u.s. space agency nasa is also examining an asteroid with it so desirous rex probe it's

taking samples of the rock to find out what it's made of and hopefully gain some insight into how the earth was formed nasa has also been looking for rare resources on the moon for years the rocket crater a 1000000 skate could conceal valuable treasures metals such as gold platinum iridium and helium 3 gas have all been detected there now it's trying to figure out how to. breakdown these will materials and transport them to us. it's not a bike it's not a motorcycle it's an a rocket an electric pedal driven motorcycle and today's fast moving world of all things electric mobility well this weird hybrid find a place to take a look and decide for yourself. kids turn when this 2 wheeler whizzes by it's too fast for an e.p. but a motorcycle with pedals. the rocket is the

name of this electric motorcycle and it's also its mission it was developed in berlin and production models are set to hit the streets later this year without a throttle. i turn the pedals with my feet that's like the throttle here. but the pedals on connected directly to the rear wheel like on an e.p. like. instead it's an electronic unit in the front that measures how fast the pedaling movement is and how hard and therefore what the desired speed is this is an intelligent pedal drive. the top speed is over 80 kilometers per hour and the battery lasts for a good 120 kilometers it can be recharged with a normal household socket in just 5 hours the electric motor cycle sells for 12000 euros in germany and there's no noise or exhaust fumes will be looted the game

ability doesn't have to mean doing without it has to enrich our lives it has to be fun but most importantly we have to stop burning gasoline and that's coming from someone who's burned an awful lot of gasoline in his life but if we want to leave something clean for the next generation that means not using gasoline in any form it's over it's full life until a family hopes that more and more people will see things his way then the sight of a pedal powered motor bike may soon be nothing extraordinary. and that's it for me in the business team you can find out more about these and other stories online at www dot com slash business i'm stephen there's a thanks for watching. it

might not look that appetizing. but they're very popular with. sea cucumbers. curious sea creatures are found in southern madagascar. courting district ecological regulations. because they know they're

a good safe got a natural. 60 minutes to come down to. storms to people world over information they provide. the answers they want to express g.w. on facebook and twitter up to date in touch follow us. her 1st day at school in the jungle. first camillus of. bendish door as grand moment arrives the. joint direct attack on her journey back to freedom. in our interest in documentary. toronto running tame returns home on d w dot com barring

a tank. the quiet melody resounds by the light of the mood. and it soon repeat resonate within its soul. ready the mind and the music. tovan firstborn 2019 from september 6th to september 29th. this is the deputy u.s. africa coming up in the next 15 minutes a gesture from the germans and not effect looted fyvie clearly a list in the late 19th century is finally on its way back to namibia we are if that goes far enough. to be on say is lovely said to africa the pop moguls new album is fired by the live thing is

out today if each has multiple african artists and produces but some east africans feel excluded.