tv Business Deutsche Welle August 27, 2019 11:15pm-11:31pm CEST
11:15 pm
unequal c. however is another matter. you're watching t w news still to come a major ruling on america's opioid crisis accord in oklahoma orders the drug maker johnson and johnson to pay more than $500000000.00 for fueling the epidemic that kills thousands in the u.s. every year kris kobach the up next with that story and more in the business do stick around for that coming right back. to. where i come from we have to fight for a free press and was born and raised in a new town the danger ship with just one t.v. shadow and a few newspapers one official information as attorneys i have walked off the streets of many can trust and they have problems are always the same point to
11:16 pm
social inequality a lack of the freedom of the press and corruption work on the floor just a sign and when it comes to the fans of the humans on seeing them live through fools who have decided to put their trust in us. my name is john paris and i'm part of the. corporate greed over schumer lives u.s. pharmaceuticals giant johnson and johnson is found guilty for helping fuel america as opiate crisis what does the ruling mean for the future of big pharma and the u.s. also coming up church charities are working overtime in the u.k. looking after people who cannot afford to buy food and clothes one of the richest
11:17 pm
countries in the planet. i'm chris colfer welcome to the program it's a landmark ruling in a crisis that has the united states in a chokehold. blaming aggressive and misleading marketing in oklahoma judge has ordered former giant johnson and johnson to pay over half a $1000000000.00 for its role in the opiate crisis now it's the 1st time a company has been found guilty fuelling an epidemic that has ravaged the country the case could shave negotiations in 1500 similar lawsuits. gail boxes son austin is one of $6000.00 oklahomans believed to have died from an opioid overdose since the start of the millennium a promising american footballer he died in his prime. was living a nightmare the nightmare at prescription drug abuse. now
11:18 pm
the 1st of thousands of lawsuits aimed at holding manufacturers and distributors to account has made it through trial cleveland county district judge thought baldwin said prosecutors have proven johnson and johnson helped create a public nuisance that would take decades to repair. us today judge bachmann has affirmed our position that johnson and johnson motivated by greed and avarice is responsible for the opioid epidemic in our state johnson and johnson will finally be held accountable for thousands of deaths and addiction caused by their activities. prosecutors in oklahoma and italy hope to secure a $17000000000.00 in 3 companies however one of them to have a pharmaceuticals settled out of court for $85000000.00 a 2nd pardue pharma which produces oxycontin also settled this time for $270000000.00 now after the johnson johnson ruling the state says it'll have to be
11:19 pm
satisfied with the almost $1000000000.00 raised. johnson and johnson was accused of flooding the market with painkillers and deceptively marketing them the firm denies wrongdoing saying its claims are backed by science it plans to appeal against the oklahoma court's decision. we have sympathy for all who suffer from substance of the use. but johnson and johnson. did not cause the opioid abuse crisis here in oklahoma. or anywhere in this country. for thousands of more claimants around the united states disagree. well for more on the story let's bring in court on wall street johnson and johnson is paying over half a $1000000000.00 and this is tori case shares of the company ended the day up is
11:20 pm
there no fear that the verdict could damage the company's reputation for years to come the stock of johnson and johnson actually was the biggest winner in the dow jones industrial average here on tuesday well if you look at it from the wall street perspective often the market reacts of positive ones you have a price tag you can play around with and then johnson and johnson in general is not necessarily known for having the greatest exposure to the. oil crisis in the united states if it will be a problem for the image remains to be seen but the market reaction was pretty clear on this topic now there are $1500.00 similar cases still pending at an ohio judge how are they likely to go ahead and what are drug companies bracing themselves for . well i mean 1st of all it's not to be expected that johnson and
11:21 pm
johnson will pay $500000000.00 in each of those cases and actually johnson and johnson is probably going to appeal the verdict what is likely is that we might see a settlement in one way or the other talking about them settlements there were reports here on tuesday that put you farmer that we also heard about earlier is trying to settle their case for up to $12000000000.00 so the crisis in the u.s. it's a huge problem and now we will see more and more companies facing legal challenges companies like johnson and johnson are claiming that they have done nothing lawful they were not breaking the law so that's what the pharmaceutical company johnson and johnson to say in court in new york thank you. and from pharmaceuticals to tech fair phone is
11:22 pm
a minnow on the smartphone market industry giant apple sells more i phones in a day than fair phone has managed in the past 6 years now the less the company is hanging in there and this can then stay that sustainability is finally becoming an issue with mainstream consumers you can use it to take nice photos check your emails and of course make a phone call but there's one thing you can do with a fair phone 3 that you just can't with smartphones from apple while away or google disassemble it and swap its components out like the battery for example when the old one is too weak and with fair phone buyers know the supply chain is clean from say child labor or poor working conditions so we added a new responsibly source supply chains to to our product and also under recyclability we build further on our recycling program so it becomes more and more sustainable and fair over time at $450.00 euros for rather mid-range components the
11:23 pm
fair phone is that much of a bargain but the customer is also paying for peace of mind including an assurance that the raw materials in the phone the tin tungsten and gold don't stem from dangerous mines so far fair phone has found only a small niche in the massive smartphone market it sold 175000 model since 2013 there's hope that the newest model can broaden the appeal. it's possible that fair photo was a little early with the 1st and 2nd generations but now there's this whole sustainability mindset that's really entered the mainstream and that's why they could have a success here the appeal for the phone has gone beyond environment minded consumers and into the wider masses who run on an all i think near course for growth is now the focus for a fair phone with it the hope of greater sway over suppliers. and staying in the tech sector u.s.
11:24 pm
prosecutors charged a former google employee with stealing company secrets and selling them took over the former high ranking robotics engineer is accused of downloading thousands of files from way more service before joining over 2015 charges stem from a trade secrets lawsuit between google spin of way more and over which the right having firm 7 last year for about $250000000.00 was just beginning itself driving unit at the top. now with so many economists predicting a downturn in britain's economy after it leaves the european union it is easy to forget that a growing number of many britons are already living in heartbreaking poverty many municipalities are struggling to go after the needs of the poor so church groups such as the hope house in nottingham are mobilizing to provide really. lunch is served. pigs in blankets pasties english specialties
11:25 pm
jokes nigel adams the founder of hope house which provides food for people in need in not even an. old across the u.k. the 5th richest country in the world the number of food banks is on the rise and adam says they do it they can but they're just scratching the surface nobody is going to accept any other help whilst the hungry so you have to deal with the immediate crisis but then the next job is to make people feel welcome make sure they don't feel judged. and invite them to come back really and build friendship with them. hope house is goal is to help people help themselves to have a nice clothes for the next job interview or can help with filling out complicated official paperwork there's a computer course life coaching a kind of all round support the goal of help to get people back on their feet. and many find
11:26 pm
a 2nd home at hope house people like joanna l's good one of the 40 volunteers here i am a single parent so sometimes i do find that home so that's why you saw it on ted and then my problems and help me with that issue with my ex it was a hope made for these ism and i just want to give snowball. in the last 9 years hope house is taken on tasks that the local council no longer has the money for 11 years of austerity and social reforms as a result of the 2008 financial crisis has taken its toll many jobs have disappeared . before the crisis there were 2 dozen food banks in the u.k. and now there are about 2000 according to the united nations 8000000 britons do not have enough food on the table every day half of those people go without it on a daily basis and e.u. wide all time low if we look to politician is to provide solutions i think of the
11:27 pm
right. the only people that can provide family strong labors the only people that can provide a safe community where everybody is welcome in those hope houses waiting for donations which will go some way to repairing the roof as always as far as nigel is concerned there is no reason to give up hope. and that's our show for much i got to d.w. dot com slash business or better yet follow us on social media i'm chris cuomo watching and have yourself a successful. friends
11:28 pm
11:29 pm
3060 minutes d.w. . if you ever have to cover up a murder the best way is to make an accident. raring to. read a book like this. missed. the streets. humans love interaction and sometimes you don't have a if your robot will provide it that's great they're going to replace people and manufacturing they're going to replace doctors and lawyers they're going to replace people in jobs you wouldn't think that if all the work is being done by machines what are you going through that they try and keep getting better better education and take the more and more advanced jobs or do they end up doing other things making art having social interactions with each other are we going to have enough
11:30 pm
humanity to make it possible for everyone or some people are going to say i want everything and the rest you guys have to be poor and die that allows individuals to discover their humanity they have to learn new meaning for life and new things to do that's a social revolution that hopefully we can move too slowly. this is africa coming up in the next 15 minutes the cameroonians on the move people in the english speaking region are leaving their homes in the thousands often sicknesses randall's transient and lockdown. and we introduce you to name single the south african taxi driver who's become an opera singing sensation oh oh.
39 Views
Uploaded by TV Archive on
