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Sep 27, 2023
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erin delmore in newj so much indeed. erin delmore in new york for us.. the french government is planning to cut spending by about $17 billion next year as it tries to reduce the gap between what it brings in and what is spends. a key change will be the phasing out of electricty subsidies to both households and businesses. the finance minister bruno le maire also said he expected the eu's second biggest economy to grow 1.4% next year. the car makers hyundai and kia are recalling a combined 3.37 million vehicles in the united states due to the risk of engine fires, telling owners to park outside and away from structures until repairs are complete. the auto—makers say brake fluid leaks can cause an electrical short — which could lead to a fire. indonesia has banned goods transactions on social media platforms in a new regulation that aims to reign in direct sales by major tech firms — which it says are harming millions of small businesses. government officials have been calling for social media and e—commerce to be decoupled, targeting platforms they say e
erin delmore in newj so much indeed. erin delmore in new york for us.. the french government is planning to cut spending by about $17 billion next year as it tries to reduce the gap between what it brings in and what is spends. a key change will be the phasing out of electricty subsidies to both households and businesses. the finance minister bruno le maire also said he expected the eu's second biggest economy to grow 1.4% next year. the car makers hyundai and kia are recalling a combined 3.37...
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Sep 21, 2023
09/23
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erin delmore, good to talk to yom _ next year. erin delmore, good to talk to you.ood to talk to you. michael wolf, - next year. erin delmore, good to talk to you. michael wolf, one i next year. erin delmore, good to talk to you. michael wolf, one ofj talk to you. michael wolf, one of the chronicles of the murdoch empire and we will talk to him later in the programme. here in the uk, prosecutors have authorised a charge of "conspiracy to conduct espionage" against three men and two women suspected of spying for russia. it follows an investigation by the metropolitan police. our home affair correspondent, daniel de simone, had more details on the charges. today it has been announced by the crown prosecution service here in the uk that five bulgarian people living in the uk are to be charged with spying for russia. they will be charged with conspiracy to conduct espionage and it is alleged that this group were part of an operational spy cell working for the russian security services. it is alleged that members of the group conducted operations both in the uk and europ
erin delmore, good to talk to yom _ next year. erin delmore, good to talk to you.ood to talk to you. michael wolf, - next year. erin delmore, good to talk to you. michael wolf, one i next year. erin delmore, good to talk to you. michael wolf, one ofj talk to you. michael wolf, one of the chronicles of the murdoch empire and we will talk to him later in the programme. here in the uk, prosecutors have authorised a charge of "conspiracy to conduct espionage" against three men and two...
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Sep 27, 2023
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let's get more on this from erin delmore, our north america business correspondent.ly nobody mincing their words here. investors worried it's not clear how this might work? this is tied to a law _ clear how this might work? this is tied to a law that's _ clear how this might work? this is tied to a law that's been - clear how this might work? this is tied to a law that's been in - clear how this might work? this is tied to a law that's been in effectl tied to a law that's been in effect since 2022 and acted in 2021 called the uyghur falls labour protection act and the aim of this law is to keep american entities that do business in china to there are 27 entities on that list. that is after the addition of three this week. there were two other companies that were added to the list in august. that were added to the list in au~ust. ~ . ., . , august. much of the concern centres on china "s — august. much of the concern centres on china 's human _ august. much of the concern centres on china 's human rights _ august. much of the concern centres on china 's human rights r
let's get more on this from erin delmore, our north america business correspondent.ly nobody mincing their words here. investors worried it's not clear how this might work? this is tied to a law _ clear how this might work? this is tied to a law that's _ clear how this might work? this is tied to a law that's been - clear how this might work? this is tied to a law that's been in - clear how this might work? this is tied to a law that's been in effectl tied to a law that's been in effect since...
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Sep 28, 2023
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erin delmore there.arvin's magic has become the world leader in magic kits, now selling over a million a year in 60 countries. now its boss and founder has just been given the biggest accolade a magician can receive — he's been elected president of the century—old magic circle, the world's most prestigious club for magicians, whose motto loosely translates as "never reveal your secrets". so let's welcome marvin berglas, ceo of marvin's magic and president of the magic circle. let's see what we can get out of him. congratulations to you, marvin. ., ., of him. congratulations to you, marvin. ., ~' ,, , of him. congratulations to you, marvin. ., ., , . marvin. thank you very much indeed, it — marvin. thank you very much indeed, it is _ marvin. thank you very much indeed, it is a _ marvin. thank you very much indeed, it is a great - marvin. thank you very much indeed, it is a great honour l indeed, it is a great honour and i'm really proud to be the president. 50 and i'm really proud to be the president-— an
erin delmore there.arvin's magic has become the world leader in magic kits, now selling over a million a year in 60 countries. now its boss and founder has just been given the biggest accolade a magician can receive — he's been elected president of the century—old magic circle, the world's most prestigious club for magicians, whose motto loosely translates as "never reveal your secrets". so let's welcome marvin berglas, ceo of marvin's magic and president of the magic circle....
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Sep 26, 2023
09/23
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our north american business correspondent erin delmore has it's a case that has been in the works for under the watchful eye of ftc chair lina khan, who made her name in the antitrust world with a blockbuster 2017 legal paper detailing amazon's monopoly footing. on thursday, khan's ftc struck its widest blow against amazon, yet a sweeping lawsuit alleging the company stifled competition in its online marketplace. 17 statesjoined in. the lawsuit challenges a bunch of amazon's business practices, including prioritising its own products and search results ahead of ones by third party sellers and anti discounting measures that ensured sellers list and anti—discounting measures that ensured sellers list their lowest prices on amazon and requiring sellers to use amazon's network of delivery services as a condition of being included in its popular prime subscription service. rivals, according to the ftc, just couldn't compete. but amazon rejected those accusations, saying that the low prices and fast delivery that customers enjoy are thanks to those very practices. amazon's share price fell
our north american business correspondent erin delmore has it's a case that has been in the works for under the watchful eye of ftc chair lina khan, who made her name in the antitrust world with a blockbuster 2017 legal paper detailing amazon's monopoly footing. on thursday, khan's ftc struck its widest blow against amazon, yet a sweeping lawsuit alleging the company stifled competition in its online marketplace. 17 statesjoined in. the lawsuit challenges a bunch of amazon's business practices,...
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Sep 14, 2023
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biggest ipo, which could raise up to $5 billion, taking the company's market value up the bbc�*s erin delmoreork. if you have a smartphone, there's a 99% chance it's powered by a chip designed from the softbank—owned company arm. shares in the company are expected to begin trading thursday in the year's biggest ipo, which could raise up to $5 billion, taking the company's market value up to more than $50 billion. this is the first time in seven years that the company is selling shares to the public. last year marked the slowest yearfor american ipos in three decades, due in part to high interest rates, recession fears and geopolitical tensions. that's on the heels of a few tough years for ipos, prompting questions about why the british chip designer didn't get listed in london. analysis by the london stock exchange group showed that the 260 ipos that debuted with stock market values above $1 billion over the past four years are down 29% from their offering prices. that's according to reuters. for companies that are considering going public this year or early next, arm's ipo would offer some i
biggest ipo, which could raise up to $5 billion, taking the company's market value up the bbc�*s erin delmoreork. if you have a smartphone, there's a 99% chance it's powered by a chip designed from the softbank—owned company arm. shares in the company are expected to begin trading thursday in the year's biggest ipo, which could raise up to $5 billion, taking the company's market value up to more than $50 billion. this is the first time in seven years that the company is selling shares to...
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Sep 28, 2023
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here's our north america business correspondent, erin delmore, with more on the potential economic impact brinkmanship. the clock is ticking on capitol hill. lawmakers have fewer than three days to reach a deal to avert a government shutdown. to do so, the democrat—led senate and the republican led house will need to agree on a deal to fund the federal government past september 30th. right now, the senate has bipartisan support on a stopgap bill that would extend funding until november 17th. but house republicans have rejected it. they're fighting over government spending levels with hard line conservatives calling for deeper cuts and tying any government funding bill to the ongoing issue of immigration and security at the us�*s southern border. house speaker kevin mccarthy has a handful of holdouts in his republican caucus who have said they'll oppose any short term funding bill. several are threatening to oust mccarthy from his post if he doesn't meet their demands. any shutdown would impact hundreds of thousands of federal workers, many of whom would be out of work without pay. and rel
here's our north america business correspondent, erin delmore, with more on the potential economic impact brinkmanship. the clock is ticking on capitol hill. lawmakers have fewer than three days to reach a deal to avert a government shutdown. to do so, the democrat—led senate and the republican led house will need to agree on a deal to fund the federal government past september 30th. right now, the senate has bipartisan support on a stopgap bill that would extend funding until november 17th....
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Sep 18, 2023
09/23
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how many americans are looking to get a shot this year. 0ur north america business correspodent, erin delmorehe days when americans couldn't wait to get a covid—19 shot in their arms. 0nly around 24% of the us population — that is some 82 million people — are expected to get a covid shot this year. that's the production from pfizer cfo david denton at a conference on monday. he also noted that around 50% of eligible americans get a flu shot — that's nearly double his estimate for the covid vaccine. shares of vaccine makers fell in response to the forecast, with pfizer stock down more than 1% and motor in it down more than 8%. pfizer has said it's looking for ways to cut costs if the keeps falling. meanwhile the us is set to kick off its fall vaccine campaign after the usda recently updated democrat issued updated covid vaccines from pfizer and moderna. this is in the first time the american public has proved reluctant to get a covid shot. 0nly proved reluctant to get a covid shot. only 65 million people got updated booster shots when they were last offered, that's just about 17% of the popula
how many americans are looking to get a shot this year. 0ur north america business correspodent, erin delmorehe days when americans couldn't wait to get a covid—19 shot in their arms. 0nly around 24% of the us population — that is some 82 million people — are expected to get a covid shot this year. that's the production from pfizer cfo david denton at a conference on monday. he also noted that around 50% of eligible americans get a flu shot — that's nearly double his estimate for the...
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Sep 19, 2023
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our north america business correspondent erin delmore has more from new york.here is a new deadline in detroit. if contract negotiations don't yield significant progress by friday, the united auto workers has threatened to expand its targeted strikes. that's what union president sean fain told in a video posted late monday. by in a video posted late monday. by tuesday, day five of the strikes, the two sites looked no closer to an agreement. more than 12,000 union members are on strike, and their tactic is historic. the union is striking all three auto—makers at once, targeting some of the most profitable plants for gm, ford and still lantus. by stopping work in only certain plants, the union can effectively bottleneck production without having to call all its members to strike at once. the union is seeking better pay and benefits, including the and of a tiered pay system, a shorter workweek and better plans for retirees. auto—makers say that's out of reach and that meeting the union's demand on worker pay would not allow them to compete with foreign car—makers.
our north america business correspondent erin delmore has more from new york.here is a new deadline in detroit. if contract negotiations don't yield significant progress by friday, the united auto workers has threatened to expand its targeted strikes. that's what union president sean fain told in a video posted late monday. by in a video posted late monday. by tuesday, day five of the strikes, the two sites looked no closer to an agreement. more than 12,000 union members are on strike, and...
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Sep 27, 2023
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our north america business correspondent 7 erin delmore has the latest. show of organised labor�*s power is centred not in detroit or hollywood, but in las vegas. 95% of unionised hotel and casino workers there have voted to authorise a strike that puts members of the culinary workers union one step closer to a walk—out. the union is the largest in the state, with 60,000 hospitality workers in its ranks. two thirds of those members are on recently expired contracts. they're seeking better pay, benefits and working conditions, particularly after the pandemic drove many workers out of the city, resulting in staff shortages. they're in negotiations with some of the las vegas strip�*s biggest casino operators, including mgm resorts, international, caesars entertainment and wynn resorts. hotels and casinos are the economic engine that drives nevada's biggest city. a potential strike could impact more than three dozen of them. the culinary workers union hasn't actually engaged in a strike in more than 30 years, but the last time it threatened to. in 2018, it wa
our north america business correspondent 7 erin delmore has the latest. show of organised labor�*s power is centred not in detroit or hollywood, but in las vegas. 95% of unionised hotel and casino workers there have voted to authorise a strike that puts members of the culinary workers union one step closer to a walk—out. the union is the largest in the state, with 60,000 hospitality workers in its ranks. two thirds of those members are on recently expired contracts. they're seeking better...
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Sep 20, 2023
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that was erin delmore in the us getting us the latest. we will be tracking the latest. be tracking the impact of the ongoing strike that is entered day five and, of course, the impact on the global auto sector as well. staying with this subject, news coming in from canada, a union representing auto workers there says it has reached a tentative deal with ford motor company. they had been threatening to launch a strike over pay and other compensation demands. the group says that the agreement addresses all of the items that were raised by its members. two more news, the parents of fg x founder sam bankman—fried are being sued for money they allegedly received improperly from the crypto firm ahead of its collapse. managers at the bankrupt firm accused the couple of holding millions of dollars and of turning a blind eye to misconduct at the company. the action was filed on behalf of those owed money after the firm's failure. the fall of the company led to the arrest of mr bankman—fried last year. now two smartphones in china, where a bit of a buzz has started in industry ci
that was erin delmore in the us getting us the latest. we will be tracking the latest. be tracking the impact of the ongoing strike that is entered day five and, of course, the impact on the global auto sector as well. staying with this subject, news coming in from canada, a union representing auto workers there says it has reached a tentative deal with ford motor company. they had been threatening to launch a strike over pay and other compensation demands. the group says that the agreement...
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Sep 28, 2023
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with at least one other sector preparing to walkout. 0ur north america business correspondent, erin delmored the workers of las vegas collectively are talking about walking out, what impact will that have? ., , , walking out, what impact will that have? ., ,, ., have? right, we are focussed on the workers union. _ have? right, we are focussed on the workers union, at _ have? right, we are focussed on the workers union, at the _ have? right, we are focussed on the workers union, at the hotels - have? right, we are focussed on the workers union, at the hotels and - workers union, at the hotels and casino, the ones who power the tourism industry which has lagged post pandemic, in overwhelming percentage, 95% of union workers who took part in the vote, voted to authorise a possible strike and the reason i say possible is because no walk out date is set. that is important to note here, because conditions and talks and negotiations aren ongoing, they are seeking hiring pay, better protection, includingjob protections in the event of another pandemic, they are seeking more onsite security for work
with at least one other sector preparing to walkout. 0ur north america business correspondent, erin delmored the workers of las vegas collectively are talking about walking out, what impact will that have? ., , , walking out, what impact will that have? ., ,, ., have? right, we are focussed on the workers union. _ have? right, we are focussed on the workers union, at _ have? right, we are focussed on the workers union, at the _ have? right, we are focussed on the workers union, at the hotels -...
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Sep 19, 2023
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our north america business correspondent, erin delmore, joins us.hat it is a feeling where you are? will or maybe installing this pay wall? . , will or maybe installing this pay wall? ._ , will or maybe installing this pay wall? , , , will or maybe installing this pay wall? , , ., ., will or maybe installing this pay wall? , ., ~' , wall? there may be is one of the key oints. it wall? there may be is one of the key points- it is — wall? there may be is one of the key points. it is hard _ wall? there may be is one of the key points. it is hard to _ wall? there may be is one of the key points. it is hard to say _ wall? there may be is one of the key points. it is hard to say whether - points. it is hard to say whether elon muskjust previewed a new twitter policy, a new feature, or whether it was an off—the—cuff remark. he was in a sit down with israeli prime minister benjamin netanyahu, and they were talking about hate speech and policing anti—semitism on the platform, and thatis anti—semitism on the platform, and that is where he jumped anti—semitism
our north america business correspondent, erin delmore, joins us.hat it is a feeling where you are? will or maybe installing this pay wall? . , will or maybe installing this pay wall? ._ , will or maybe installing this pay wall? , , , will or maybe installing this pay wall? , , ., ., will or maybe installing this pay wall? , ., ~' , wall? there may be is one of the key oints. it wall? there may be is one of the key points- it is — wall? there may be is one of the key points. it is hard _...
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Sep 29, 2023
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erin delmore reports from new york the clock is ticking on capitol hill.d senate and the republican—led house will need to agree on a deal to fund the federal government past september 30th. right now, the senate has bipartisan support on a stopgap bill that would extend funding until november 17th. but house republicans have rejected it. they're fighting over government spending levels with hard line conservatives calling for deeper cuts and tying any government funding bill to the ongoing issue of immigration and security at the us�*s southern border. house speaker kevin mccarthy has a handful of holdouts in his republican caucus who have said they'll oppose any short—term funding bill. several are threatening to oust mccarthy from his post if he doesn't meet their demands. any shutdown would impact hundreds of thousands of federal workers, many of whom would be out of work without pay. and relatedly, americans who rely on federal assistance would see services slow or stop. that means nutrition benefits lapsed, civil trials postponed, museums closed, ins
erin delmore reports from new york the clock is ticking on capitol hill.d senate and the republican—led house will need to agree on a deal to fund the federal government past september 30th. right now, the senate has bipartisan support on a stopgap bill that would extend funding until november 17th. but house republicans have rejected it. they're fighting over government spending levels with hard line conservatives calling for deeper cuts and tying any government funding bill to the ongoing...
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Sep 28, 2023
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time it could be gambling capital las vegas that's brought to a standstill — as our correspondent erin delmorepower is centered not in detroit or hollywood, but in las vegas. 95% of unionised hotel and casino workers there have voted to authorise a strike that puts members of the culinary workers union one step closer to a walkout. the union is the largest in the state, with 60,000 hospitality workers in its ranks. two thirds of those members are on recently expired contracts. they're seeking better pay, benefits and working conditions, particularly after the pandemic drove many workers out of the city, resulting in staff shortages. they're in negotiations with some of the las vegas strip's biggest casino operators, including mgm resorts, international, caesars entertainment and wynn resorts. hotels and casinos are the economic engine that drives nevada's biggest city. a potential strike could impact more than three dozen of them. the culinary workers union hasn't actually engaged in a strike in more than 30 years, but the last time it threatened to in 2018, it was able to reach a contract agr
time it could be gambling capital las vegas that's brought to a standstill — as our correspondent erin delmorepower is centered not in detroit or hollywood, but in las vegas. 95% of unionised hotel and casino workers there have voted to authorise a strike that puts members of the culinary workers union one step closer to a walkout. the union is the largest in the state, with 60,000 hospitality workers in its ranks. two thirds of those members are on recently expired contracts. they're seeking...
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Sep 14, 2023
09/23
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our north america business correspondent, erin delmore, reports.one, there's a 99% chance it's powered by a chip designed from the softbank owned company arm. shares in the company are expected to begin trading thursday in the year's biggest ipo, which could raise up to $5 billion, taking the company's market value up to more than 50 billion. this is the first time in seven years that the company is selling shares to the public. last year marked the slowest year for american ipos in three decades, due in part to high interest rates, recession fears and geopolitical tensions. that's on the heels of a few tough years for ipos, prompting questions about why the british chip designer didn't get listed in london. analysis by the london stock exchange group showed that the 260 ipos that debuted with stock market values above $1 billion over the past four years are down 29% from their offering prices. that's according to reuters. for companies that are considering going public this year or early next, arm's ipo would offer some insight into whether the wa
our north america business correspondent, erin delmore, reports.one, there's a 99% chance it's powered by a chip designed from the softbank owned company arm. shares in the company are expected to begin trading thursday in the year's biggest ipo, which could raise up to $5 billion, taking the company's market value up to more than 50 billion. this is the first time in seven years that the company is selling shares to the public. last year marked the slowest year for american ipos in three...
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Sep 14, 2023
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our north america business correspondent erin delmore is in new york for us.n the shares under way, with ipo ten times oversubscribed, does that suggests demand will be high? absolutely, it is a strong sign for the british chip designer as it sets up the british chip designer as it sets up for its ipo today with shares priced at $51 per piece, leading to 54.5 billion dollars in evaluation making it the year's guest ipo. it is notjust all eyes on arm, you will find investors and bankers and founders are looking today to figure out a bigger indicator, the strength of the ipo market, that is after a disappointing 2022. we could point to all different causes, high interest rates, economic uncertainty, fear of recession, geopolitical tensions, but after that big slump people are looking to arm to see if the year of the blockbuster ipo is back. we've also had some economic data from the us with retails sales climbing by 0.6% in august, much higher than expected. what does that say about the state of the world's biggest economy? you are right, this does beat expectat
our north america business correspondent erin delmore is in new york for us.n the shares under way, with ipo ten times oversubscribed, does that suggests demand will be high? absolutely, it is a strong sign for the british chip designer as it sets up the british chip designer as it sets up for its ipo today with shares priced at $51 per piece, leading to 54.5 billion dollars in evaluation making it the year's guest ipo. it is notjust all eyes on arm, you will find investors and bankers and...
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Sep 18, 2023
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here's our north american business correspondent erin delmore. what did they talk about?ructive meeting was on the docket and what we were hoping for because it's a critical time in the us, china relationship. besides broader security concerns that they talked about, they also spoke about russia's war with ukraine. they spoke about the security around the taiwan strait.— taiwan strait. yes, and i suppose the timing _ taiwan strait. yes, and i suppose the timing will _ taiwan strait. yes, and i suppose the timing will be _ taiwan strait. yes, and i suppose the timing will be spoken - taiwan strait. yes, and i suppose the timing will be spoken about l taiwan strait. yes, and i suppose i the timing will be spoken about very closely, we know that relationships have been frosty at best. what do we read into the timing of this meeting and that potential summit in november?— and that potential summit in november? ., , november? they are potentially leadin: november? they are potentially leading the _ november? they are potentially leading the groundwork - november? they are pote
here's our north american business correspondent erin delmore. what did they talk about?ructive meeting was on the docket and what we were hoping for because it's a critical time in the us, china relationship. besides broader security concerns that they talked about, they also spoke about russia's war with ukraine. they spoke about the security around the taiwan strait.— taiwan strait. yes, and i suppose the timing _ taiwan strait. yes, and i suppose the timing will _ taiwan strait. yes, and...
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Sep 27, 2023
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from new york here's our corresepondent erin delmore.a case that has been in the works for years under the watchful eye of ftc chair lina khan, who made her name in the antitrust world with a blockbuster 2017 legal paper detailing amazon's monopoly footing. on thursday, khan's ftc struck its widest blow against amazon, a sweeping lawsuit alleging the company stifled competition in its online marketplace. 17 statesjoined in. the lawsuit challenges a bunch of amazon's business practices, including prioritizing its own products in search results ahead of ones by third party sellers, and anti discounting measures that ensured sellers list their lowest prices on amazon, and requiring sellers to use amazon's network of delivery services as a condition of being included in its popular prime subscription service. rivals, according to the ftc, just couldn't compete. but amazon rejected those accusations, saying that the low prices and fast delivery that customers enjoy are thanks to those very practices. amazon's share price fell on the news, but
from new york here's our corresepondent erin delmore.a case that has been in the works for years under the watchful eye of ftc chair lina khan, who made her name in the antitrust world with a blockbuster 2017 legal paper detailing amazon's monopoly footing. on thursday, khan's ftc struck its widest blow against amazon, a sweeping lawsuit alleging the company stifled competition in its online marketplace. 17 statesjoined in. the lawsuit challenges a bunch of amazon's business practices,...
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Sep 21, 2023
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our north america business correspondent erin delmore has the latest from new york. at 92 years old, rupert murdoch has been preparing for this day. his eldest son, lachlan murdoch, currently serves as chief executive of fox, and his siblings have cleared the way. but nonetheless the announcement sent shock waves through media circles. the elder murdoch had been noted to joke that he planned to leave his companies feet first, and in that spirit, he said he would remain close at hand, keenly watching his media outlets�*s offerings and reaching out with advice. he'll become america's chairman of both companies in mid—november. it's hard to overstate mr murdoch's influence on the media and political landscapes, both domestically and around the world. his news platforms capitalised on waves of right—wing populism in the united states and elsewhere that sometimes propelled conservatives to power and shape public opinion in their favour. sometimes landing in legal trouble. favour. sometimes landing in legaltrouble. fox favour. sometimes landing in legal trouble. fox news,
our north america business correspondent erin delmore has the latest from new york. at 92 years old, rupert murdoch has been preparing for this day. his eldest son, lachlan murdoch, currently serves as chief executive of fox, and his siblings have cleared the way. but nonetheless the announcement sent shock waves through media circles. the elder murdoch had been noted to joke that he planned to leave his companies feet first, and in that spirit, he said he would remain close at hand, keenly...
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Sep 29, 2023
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goldman sachs says it could knock economic growth by 0.2% for each week it lasts. 0ur correspondent erin delmores in new york. happy friday. here we go again_ happy friday. here we go again. how likely is this? are the markets worryjust likely is this? are the markets worry just yet, likely is this? are the markets worryjust yet, given this is not the first time we've been here. you are riaht, the first time we've been here. you are right. this— the first time we've been here. you are right, this is _ the first time we've been here. 7m. are right, this is not the first time we've been here, and lawmakers on capitol hill have little time to stave off a government shutdown. we are down to 48 hours and a government shutdown would have effects all across washington and the country. hundreds of thousands of federal workers out of work, without pay, the slowing or stopping of government services, everything from your museum and park being closed to nutrition benefits and inspections for drinking water plants and trials for new medications. all of these things could be impacted. the other thing is publ
goldman sachs says it could knock economic growth by 0.2% for each week it lasts. 0ur correspondent erin delmores in new york. happy friday. here we go again_ happy friday. here we go again. how likely is this? are the markets worryjust likely is this? are the markets worry just yet, likely is this? are the markets worryjust yet, given this is not the first time we've been here. you are riaht, the first time we've been here. you are right. this— the first time we've been here. you are right,...
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Sep 26, 2023
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president's support for unions and his push for clean energy. 0ur north america business reporter, erin delmorejoins me. good to see you. joe biden�*s visit comes a day before donald trump is due to visit the picket line. is it more about politics or the issue at hand for the president question both candidates are vying for a crucial block of voters in the 2024 election, and even though it is more than a year away they are focused firmly on it. michigan is a critical swing state, a must win for biden and donald trump, as you saw when he won in 2016. president biden took the state in 2020. they are peeling to the workers and try to show solidarity. president biden is standing with union presidents and shoulder to shoulder with the union workers on strike, and he's putting a face and a picture to the statement he's been making that he is the most pro—union president in history. what is challenging for him as he is driving his prounion stance with his clean energy push, which requires a transition to electric vehicles. they require fewer workers and rely on workers whose jobs aren't unionised, and
president's support for unions and his push for clean energy. 0ur north america business reporter, erin delmorejoins me. good to see you. joe biden�*s visit comes a day before donald trump is due to visit the picket line. is it more about politics or the issue at hand for the president question both candidates are vying for a crucial block of voters in the 2024 election, and even though it is more than a year away they are focused firmly on it. michigan is a critical swing state, a must win...
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Sep 21, 2023
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our bbc business correspondent erin delmore is in new york and told us what this mean for the futurestelter told you in your interview earlier, this isn't an altogether shocking development. rupert murdoch is 92 years old. the succession plan has been talked about, and his son lachlan was the likeliest contender to take over. but new leadership means change, and it remains to be seen what lachlan will want to enact or how involved his father will continue to be as chair emeritus of the boards of both companies, news corp and fox corp. murdoch didn't give us an indication as to what role he would have, but he said that he's always been involved in daily news decisions, editorial, keeping up with the content. and he didn't say that that would change. he considers that something that's inherent in who he is and how he does the work. but let's face it, fox and cable companies all over the united states are facing challenges here, especially as consumers choose to cut the cable cord, as consumers look and try to re—evaluate their budgets in the wake of higher prices and more pressures on
our bbc business correspondent erin delmore is in new york and told us what this mean for the futurestelter told you in your interview earlier, this isn't an altogether shocking development. rupert murdoch is 92 years old. the succession plan has been talked about, and his son lachlan was the likeliest contender to take over. but new leadership means change, and it remains to be seen what lachlan will want to enact or how involved his father will continue to be as chair emeritus of the boards...
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Sep 29, 2023
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erin delmore reports from new york the clock is ticking on capitol hill.l government passed some time of the 30th. there is bipartisan support in the stopgap bill that would extend funding and sub—september the 1ath. republicans have rejected it. they are fighting over spending levels. hardline conservatives have called for deeper cuts and tying any funding bill to the ongoing issue of immigration and security in the southern border. house speaker kevin mccarthy has a handful of holdouts in his republican caucus who have said they will oppose any short—term funding bill. severalare will oppose any short—term funding bill. several are threatening to oust mccarthy from his post if he does not meet their demands. any shutdown would impact hundreds of thousands of federal workers, many of whom would be out of work without pat’- of whom would be out of work without pay. and relatedly, americans who rely on federal assistance would see services are slow or stop. that means nutrition benefits lapsed, civil trials postponed, museum is closed, inspections for hazar
erin delmore reports from new york the clock is ticking on capitol hill.l government passed some time of the 30th. there is bipartisan support in the stopgap bill that would extend funding and sub—september the 1ath. republicans have rejected it. they are fighting over spending levels. hardline conservatives have called for deeper cuts and tying any funding bill to the ongoing issue of immigration and security in the southern border. house speaker kevin mccarthy has a handful of holdouts in...
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Sep 18, 2023
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here's our north american business correspondent erin delmore. what did they talk about?onship. besides broader security concerns that they talked about, they also spoke about russia's war with ukraine. they spoke about the security around the taiwan strait.—
here's our north american business correspondent erin delmore. what did they talk about?onship. besides broader security concerns that they talked about, they also spoke about russia's war with ukraine. they spoke about the security around the taiwan strait.—
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Sep 22, 2023
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and as erin delmore reports from new york, he'll face an increasingly challenging environment.this day. his elder son lachlan murdoch is chief executive of fox and his siblings cleared the way but the announcement sent shock waves through media circles. the elder murdoch said that he would leave the company feet first and his son keenly watched offerings and reach out with thoughts and advice. people become emeritus chairman of both companies in november. it is hard to overstate mr murdoch's influence on the media and political landscapes domestically and around the world. he is news headlines capitalised on things that sometimes repel conservatives to power and shape public opinion in theirfavour. sometimes landing in legal trouble. fox news, the crown jewel in mr murdoch's portfolio, recently settled a defamation lawsuit from the network's amplification of former president trump's nephew is about the 2020 election for a historic $787 million. with another lawsuit in the works and with streaming and digital encroaching on mr murdoch's cable and newspaper empire, the younger mr
and as erin delmore reports from new york, he'll face an increasingly challenging environment.this day. his elder son lachlan murdoch is chief executive of fox and his siblings cleared the way but the announcement sent shock waves through media circles. the elder murdoch said that he would leave the company feet first and his son keenly watched offerings and reach out with thoughts and advice. people become emeritus chairman of both companies in november. it is hard to overstate mr murdoch's...
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Sep 19, 2023
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is warning it could soon escalate the strike further. 0ur north america business correspondent erin delmoreay, the united auto workers has threatened to expand its targeted strikes. that's what union president sean fain told in a video posted late monday. by in a video posted late monday. by tuesday, day five of the strikes, the two sites looked no closer to an agreement. more than 12,000 union members are on strike, and their tactic is historic. the union is striking all three auto—makers at once,
is warning it could soon escalate the strike further. 0ur north america business correspondent erin delmoreay, the united auto workers has threatened to expand its targeted strikes. that's what union president sean fain told in a video posted late monday. by in a video posted late monday. by tuesday, day five of the strikes, the two sites looked no closer to an agreement. more than 12,000 union members are on strike, and their tactic is historic. the union is striking all three auto—makers at...
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Sep 21, 2023
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our north america business correspondent erin delmore has the latest from new york.executive of fox, and his siblings have cleared the way. but nonetheless the announcement sent shock waves through media circles. the elder murdoch had been noted to joke that he planned to leave his companies feet first, and in that spirit, he said he would remain close at hand, keenly watching his media outlets�*s offerings and reaching out with advice. he'll become america's chairman of both companies in mid—november. it's hard to overstate mr murdoch's influence on the media and political landscapes, both domestically and around the world. his news platforms capitalised on waves of right—wing populism in the united states and elsewhere that sometimes propelled conservatives to power and
our north america business correspondent erin delmore has the latest from new york.executive of fox, and his siblings have cleared the way. but nonetheless the announcement sent shock waves through media circles. the elder murdoch had been noted to joke that he planned to leave his companies feet first, and in that spirit, he said he would remain close at hand, keenly watching his media outlets�*s offerings and reaching out with advice. he'll become america's chairman of both companies in...
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Sep 13, 2023
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let's speak live to our north america business correspondent, erin delmore.hat do these figures tell us about the state of the us economy? weill. the state of the us economy? well, we are seeing _ the state of the us economy? well, we are seeing the _ the state of the us economy? well, we are seeing the second _ the state of the us economy? vii we are seeing the second straight monthly rise in the consumer price index here, and that matters because the fed is meeting next week. this is in fact the last day dump they are going to get before they get together and everybody is holding their breath to see whether the fed will continue its campaign of interest rate rises or whether it will take the opportunity to take a pause. i will take the opportunity to take a ause. ., ., ., ., ., ., pause. i mention volatile food and fuel prices- _ pause. i mention volatile food and fuel prices. that _ pause. i mention volatile food and fuel prices. that has _ pause. i mention volatile food and fuel prices. that has been - pause. i mention volatile food and fuel prices. that
let's speak live to our north america business correspondent, erin delmore.hat do these figures tell us about the state of the us economy? weill. the state of the us economy? well, we are seeing _ the state of the us economy? well, we are seeing the _ the state of the us economy? well, we are seeing the second _ the state of the us economy? vii we are seeing the second straight monthly rise in the consumer price index here, and that matters because the fed is meeting next week. this is in fact...
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Sep 14, 2023
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used by more than two thirds of the world's population. 0ur north america business correspondent erin delmorek for us. with ipos, trading in new shares takes a while to get going. this ipo ten times oversubscribed, any indication yet in which way they'll go after their debut? it points to the demand and strength, and if the excitement around what so far is the year's biggest ipo. and in the biggest headline making event we have seen in a couple of years. with noting that when the shares were priced yesterday at $51 that was the high—end of the range, yet indicators this morning that we could see shares trade around $57, even higher, which would have a big impact, especially well be watched notjust how impact, especially well be watched not just how arm impact, especially well be watched notjust how arm performs about what the impact is on the ipo market as a whole. blockbuster performance could bode well for companies that are looking to get in and go public, either within the next week or this year, or early next year. it is also a test of how arm is positioning itself. with noting the briti
used by more than two thirds of the world's population. 0ur north america business correspondent erin delmorek for us. with ipos, trading in new shares takes a while to get going. this ipo ten times oversubscribed, any indication yet in which way they'll go after their debut? it points to the demand and strength, and if the excitement around what so far is the year's biggest ipo. and in the biggest headline making event we have seen in a couple of years. with noting that when the shares were...
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Sep 29, 2023
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goldman sachs says it could knock economic growth by 0.2% for each week it lasts. 0ur correspondent erin delmore
goldman sachs says it could knock economic growth by 0.2% for each week it lasts. 0ur correspondent erin delmore
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Sep 20, 2023
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erin delmore has the latest.t, the contract negotiations do not yield significant progress by friday the united auto workers have threatened to expand as targeted strikes, that is what the union president told members in the detroit big three automakers in a video message posted late monday. by tuesday day five obstruct the two sides look no closer to an agreement. more than 12,000 union members are on strike and their tactic is historic, the union is striking all three automakers at once targeting some of the most profitable plants for gm, ford and stallantis. by stopping work at certain plants they can effectively bottleneck production without calling all its members to strike at one. the union is seeking better pay and benefits including the into and benefits including the into a tiered pay system, a shorter work week and better benefits for retirees. and cheaply, 40% pay raise for members over four years, automakers say that is out of reach and that meeting the union demands on worker pay would not allow them
erin delmore has the latest.t, the contract negotiations do not yield significant progress by friday the united auto workers have threatened to expand as targeted strikes, that is what the union president told members in the detroit big three automakers in a video message posted late monday. by tuesday day five obstruct the two sides look no closer to an agreement. more than 12,000 union members are on strike and their tactic is historic, the union is striking all three automakers at once...
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Sep 15, 2023
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here's our north america business correspondent erin delmore.es, they didn't mean it as a compliment. the president is not in embracing the time, he is hitting the road to toutes vision. the president is casting rival republican policies is benefiting the rich and corporations at the expense of the middle class. he railed at the deep spending cuts being demanded by the most conservative house members who are threatening to allow a government shutdown at the end of this month. biden is also keen to talk about his work to strengthen the middle class from student debt relief and lowering the cost of prescription drugs. it is these voters by the need to turn out in next year's election. america's best days are ahead of us, not behind us. i know virtually every major world leader, every of them is looking to us. every single one of them, i can honestly say i have never been more optimistic about our future. the have never been more optimistic about our future.— about our future. the question is whether _ about our future. the question is whether amer
here's our north america business correspondent erin delmore.es, they didn't mean it as a compliment. the president is not in embracing the time, he is hitting the road to toutes vision. the president is casting rival republican policies is benefiting the rich and corporations at the expense of the middle class. he railed at the deep spending cuts being demanded by the most conservative house members who are threatening to allow a government shutdown at the end of this month. biden is also keen...
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Sep 29, 2023
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erin delmore reports from new york. the clock is ticking.d to agree on a deal to fund the federal government passed september 13. the federal government passed september13. right the federal government passed september 13. right now the senate has bipartisan support for a bill but house republicans have rejected it. hardline conservatives calling for deeper cuts and tying any government funding bill to the ongoing issue of immigration and security at the us southern border. house speaker kevin mccarthy has a handful of held out who said they will oppose any short—term funding bill. several of threatening to oust mccarthy from his post. any shutdown would impact hundreds of thousands of federal workers, many of whom would be out of work without pay and relatedly, americans rely on federal assistance with sea services would stop. nutrition benefit labs, civil trials postponed, museums closed and inspections for hazardous drinking water stop and clinical trials delayed. the us government has shut down at least partially three times in the past
erin delmore reports from new york. the clock is ticking.d to agree on a deal to fund the federal government passed september 13. the federal government passed september13. right the federal government passed september 13. right now the senate has bipartisan support for a bill but house republicans have rejected it. hardline conservatives calling for deeper cuts and tying any government funding bill to the ongoing issue of immigration and security at the us southern border. house speaker kevin...
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Sep 28, 2023
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with at least one other sector preparing to walk out. 0ur north america business correspondent, erin delmoreat more can you tell us about this industrial strife? mast about this industrial strife? most eo - le about this industrial strife? most peeple think _ about this industrial strife? most peeple think of _ about this industrial strife? iuiirrst people think of nevada about this industrial strife? what people think of nevada and las vegas and they think of the hotels and casinos that light up this trip. now we are focusing on the hospitality workers that power that area threatening to strike, 95% of their many colony workers union voted to authorise a potential strike. now, there was no debt seat for a walk out yet and in fact negotiations are ongoing, but these are the bartenders, food service, house servers, security and hotel personnel who work in these casinos and hotels any potential strike could impact around three dozen hotels and casinos in that area. we have been following so many american strikes, following the hollywood scriptwriters to the car workers. the hollywood script wr
with at least one other sector preparing to walk out. 0ur north america business correspondent, erin delmoreat more can you tell us about this industrial strife? mast about this industrial strife? most eo - le about this industrial strife? most peeple think _ about this industrial strife? most peeple think of _ about this industrial strife? iuiirrst people think of nevada about this industrial strife? what people think of nevada and las vegas and they think of the hotels and casinos that light...
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Sep 19, 2023
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the only way to counter bots, or "automated" accounts. 0ur north america business correspondent, erin delmorebe installing this pay wall? , ., ~' , wall? there may be is one of the key oints. it wall? there may be is one of the key points- it is — wall? there may be is one of the key points. it is hard _ wall? there may be is one of the key points. it is hard to _ wall? there may be is one of the key points. it is hard to say _ wall? there may be is one of the key points. it is hard to say whether i points. it is hard to say whether elon muskjust
the only way to counter bots, or "automated" accounts. 0ur north america business correspondent, erin delmorebe installing this pay wall? , ., ~' , wall? there may be is one of the key oints. it wall? there may be is one of the key points- it is — wall? there may be is one of the key points. it is hard _ wall? there may be is one of the key points. it is hard to _ wall? there may be is one of the key points. it is hard to say _ wall? there may be is one of the key points. it is hard...