set to expand their strike 2 additional production lines across the country. the walk out which began 2 weeks ago is hitting the detroit 3 automakers. jim ford and so lenses are correspond to. abraham is at one of those walk out sites. a ford production center near detroit in wayne, michigan. that's right, steven, where i'm standing right now. you see ford workers entering. there's 3rd week of a strike against the 3 big auto or to cesar ford workers. but as you mentioned, there are a strikes for gm and sta lantus as well. i've spent a couple of days here at the picket line and really trying to understand what motivates the workers here and why they're determined to continue with their strikes. let's take a look at what they have to say and the support for almost half of just all these life mornings have looked like this. getting ready for

a job that for a long time helped him reach to children and buy a house. his own slice of the american dream today, the assembly line worker is on his way to work the picket by for it just and then you can come out of high school and make middle class way. just bring your family up. and i think corporate breeds overpowering you all the, the regular people out. i'll try to just let you to come up to a standard of living that we used to have. he's talking about what conditions were like up. ready till the 2008 financial crisis bank, then workers at board gm insta lantus gave of benefits to cut costs and see their companies from collapse the workers hired after the financial crisis. make less now that profits in c, e o income at the because we are at a record high. the workers are also demanding their share. the want better pay,

similar wages for your employees and older one, pensions, job security, and health care. i would like to see these young people get their pension that we are all one of the things we are party for is a painting for the new wires over the last 10 or so years. and nobody should be met factory or any factory for 30 years. and come up with other things we deserve better. i mean, we have gotten things taken away from us for 13 plus years. we've been serving all that now that we're currently making pressure from it while on straight workers get $500.00 a week from the union. that's about half of what they normally earn, which was barely enough to cover the basics. michelle, a single mother to a 14 year old boy is feeling the pressure business man. my final say to me, what do we have for dinner tonight? and i'm like, wow, i have this much here and this much here. it's rahman and how dog or maybe i can

spring for a roasted chicken and some potatoes. i, you know, it just depends. so it's, it's very but at the same time it's nerve wracking is a mom, right? i'm like, i got to get through the voices like michelle's or resonating across the country. which surveys showing the majority of americans support unions. the powerful are taking up in just one week, both the president joe biden and former president in public and hopeful donald trump came here to meet workers taking their flight to an over working class voters to detroit. the united auto workers union has yet to endorse a candidate for the 2020 for us presidential race. i don't necessarily know if they actually support it, or they just looking for garner garner votes, but it does put a spotlight on what's going on out here. so i appreciate that. like now for now, jeff wants to focus to be so the derek and the hope that his granddaughter is

generation could have a chance of achieving their version of the american dream. right here in michigan. the something that really stayed with me. stephen, covering the store and being here on the picket line, something that workers kept saying to me again. and again, is that even though this strike is about individual demands, but as to do with a payment or working conditions to them. this is also about inequality in this country. a lot of the people that work here are making as little as $16.00 a day. they can't afford many of the cars that they are making. meanwhile, they're looking at, there's over $20000000.00 for uh, for the ford c o. and so they really wanted to be really emphasized that this is about much bigger than just the stripe. and they want to see a change from their management. i a briefly,

what our car makers up saying about their workers demands, how is their response? well, their argument argument of the automaker captain's boss's dispatch. it's there has to be a balance between what workers want and their companies being uh, competitive. i mean, there are no, uh, you know, competition from all over the world for people that want to buy a cars. but looking at the negotiations more concretely up, ford is the one uh automaker where there has been a substantial progress. uh that's, that's according the to the u. e. w. and the other 2 are a little bit more difficult according to the union. but we really have to put this into context that you know, there, that the union is asking for an almost 40 percent increase in pay with the auto and the other. do you have incidents that are offering something close to 20 percent? and so there's, of course, a huge gap between the demands of the workers and the automakers.

right. i abraham in wayne, michigan talking about those auto workers strikes. thank you. and we go now to some of the other global business stories making headlines. for tonight, maker epic games is cutting its workforce. the company plans to lay off around $830.00 workers to cut costs. that's nearly 16 percent of its staff. epic says it will continue. it's costly, legal battle against apple and google over there, a legend monopoly powers of or the inflation the euro is on dropped to an almost 2 year low and september to 4.3 percent. that's down from just over 5 percent in august. and that's thanks to slow down in the rise of food and energy prices. however, inflation is still well above the european central banks. 2 percent target. good news for air b and b in france. the countries, new budget does not include a tax increase on short term rentals. that's likely a welcome development for the company. after recent weeks, i put

a spotlight on regulating the platform. and that's all because of new york, the new short term rental legislation law, which entered effect september 5th, requires that host, obtain a license every 2 years. short term rentals are only allowed if the host is present for the duration of the guest day. the city says the policy will help with the housing shortage. critics say it's a gift to the hotel lobby. the law, some of airbnb there. being these offerings in new york are going away. others are shifting to long term rentals. those over 30 days, which phase fewer restrictions take a look at this in june roughly have all air b and b listings in the city were long term. now it's almost 90 percent. that's according to tech outlet skipped citing data from air dna for the last week. i had a chance to sit down with air b and be co founder and chief strategy officer nathan black, char sick about new york. and what went wrong? new york was actually one of the 1st cities that entered into conversation with us about regulation over a decade ago. uh,

new york has very unique politics which prevented any meaningful progress in the early days and basically prevented us from finding the sweet spot of compromise. and sensible and balanced regulation. and so i really view new york as an extreme outlier. and while this has been playing out over 10 years, you know, 80 percent of those other 200 top markets have found a sensible meeting, middle ground. and so again, i think it's, i think it's an outlier, so you would say this doesn't give other cities a blueprint for what to do with air b and b in terms of regulation. no, i don't think so. i think frankly, it's a couple of hint of what not to do because, you know, clearly there's a lot of ordinary new yorkers that were hurt by this very extreme draconian position at the city tuck. so, you know, i, i don't think it's even many officials would say that this is

the way it should be, but it's a by product of politics as a byproduct of the previous administration that passed the rules. and now the current administration in new york has to implement them. i don't think they're particularly happy with those rules, but that was kind of the hand they were dealt. and you know, i think other cities have already regulated and that are a much better model that strikes the balance of dressing. oftentimes, housing affordability questions, but also recognizing that about half of hosts, if you ask them, well, tell you if they use their baby to afford their everyday living expenses. right? so, you know, you care about affordability, but you can't, you shouldn't at least take away the means by which so many people to create affordability for themselves. can you tell us what you're seeing in new york right now in terms of listings falling away, things like that. i can get any sense of how serious this is right now as we see while haven't followed it closely on a day by day basis. but effectively the regulation doesn't allow for home sharing unless it's an extra bedroom in your home. but if it's your entire place,

so for the most part that's no longer permitted. so you know, we've now started enforcing at actually cancelling reservations and removing the properties off the website. but when you look at europe, obviously regulation has also been a big theme here. is there anything that sticks out? you've had some success in some areas like with berlin, there was a back and forth as well, but now it seems of really come to your favorite a little bit. do you see the environment here sort of going more towards air b b in terms of working with you on regulations or do you see it still is being a little bit um, i guess, antagonistic in some ways. just generally speaking. yeah. well, over the last decade we spent a lot of time with european cities kind of hashing out these issues. and for the most part, they're all regulated at this point, the top markets at least. and so, you know, we've kind of, you know, figured out what that middle ground is, uh and move beyond the debate to, uh, you know, now basically, um,

just operationalizing these, these regulations. so, you know, i would say that there certainly was uh, you know, more uh, noise. uh, several years ago i think we moved beyond that because we, we were willing to compromise. so i don't think the issue is just self themselves. it was definitely you know, both parties leaning in and, you know, ultimately working towards sensible regulation to and will post a full interview on our data of the news youtube channel. that's our show i'm seeing. there's like, thanks for watching the

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