michelle fleury report. workers for ost- michelle fleury report.ry report. workers for post- nord, sweden's - michelle fleury report. workers| for post- nord, sweden's postal for post— nord, sweden's postal authorities, stopped delivering license base for tesla scope is... from becoming road legal. the move was intended to support a strike by tesla mechanics in the country after us carmaker turned down their request for a collective bargaining agreement, which is fairly standard in sweden. that is when sparks began to fly. 0n is when sparks began to fly. on monday, tesla filed a lawsuit accusing the country's... and postal authority accusing the country�*s... and postal authority post— accusing the country's... and postal authority post— nord of unfairly targeting the electric car maker. by not giving it access to the registration plate. a few hours later a swedish court issued an interim judgement in tesla's favour, saying it must deliver the plate. in response, ceo elon musk posted on acts, the social media platform he owns, thanking the country.

it is in and michelle fleury will— fight. it is in and michelle fleury will be _ fight. - fight. it is in and michelle fleury will be across the i fight. it is in and michelle - fleury will be across the next chapter. as the global population continues to grow — how do we make sure we all have enough food to eat? a growing number of companies are looking at how new technology can make our food supplies more reliable. our reporterjonathanjosephs has been to meet some of those putting new things on the menu. cooking up the future of food. some of the world �*s most innovative food companies hope to reach our taste buds through what is on the menu at the london future foo tech summit. most are smaller companies better place to find the breakthroughs that will keep the world fenced off consumers in many parts of the world are eating more meat and as incomes rise unc �*s demand will continue to grow for the next decade or so. that brings many challenges. it decade or so. that brings many challenges-_ challenges. it refused is allowing _ challenges. it refused is allowing the

michelle fleury there.ing with us. is it surprising orjust more evidence that really, when it comes to iphones, yes, they are still very popular, but they don't command that must have the latest mania that they had in previous iterations? you know, had in previous iterations? you know. it's _ had in previous iterations? you know. it's a — had in previous iterations? you know, it's a really _ had in previous iterations? 7m, know, it's a really good question, and i think part of the problem is that apple has surprised and delighted people with a number of different really strong innovations over the last few years, which just makes it a little bit harder to replace or to justify the replacement of your device. and then you couple that with there is a cost—of—living crisis in a number of different key markets for the company. for number of different key markets for the company.— for the company. for sure. to what extent — for the company. for sure. to what extent is _ for the company. for sure. to what extent

our north america business correspondent michelle fleury reports from new york.ssively raising interest rates for the last year and a half, the federal reserve believes it's in a place where it can leave rates, where they are to cool the economy and to slow inflation from its current 3.7% on a yearly basis to closer to 2%. but even though america's central bank opted not to hike right now, fed chairjerome powell suggested officials are prepared to do more if inflation flares again. the idea that you wouldn't would difficult to to raise again after stopping for a meeting or two is just not right. i mean, the committee will always do what what it thinks is appropriate at the time. right now, things look good, even though it's pricey for americans to get a mortgage or carry credit card debt. growth was stronger than expected over the summer. the world's largest economy is still adding jobs on a monthly basis. and the government's latestjobs report is due out this friday. fed staff also don't see a recession, so they don't want to rock the boat, raise rates too high

but that was not the only new release from amazon as michelle fleury reports from new york. amazon announced 0, a new chatbot for people to use at work, there seems to be a dispute over where the name comes from. some say it is after the james bond movies and some say it is from star trek. either way this is a big deal. amazon may have not built chat gpt but it now has its own generative ai helper which is designed to assist employees with daily tasks, whether it is answering questions about company policy, to coding to summarising strategy documents. crucially, it will compete with other corporate chat bots including copilot by microsoft and duet ai by google. the tech giant also unveiled new ai chips at its annual developer conference in las vegas where taking the stage was the boss of nvidia, a sign of the deepening relationship between these two. amazon said that as well as its own ai chips, it would offer customers access to the latest chips from nvidia. why? amazon is trying to reassert its dominance of cloud computing and is hoping that this will give it an edge over

of its biggest markets. maker's other businesses, as our north america business correspondent michelle fleuryds most available company reported revenue of eight and a half million dollars to three months to the end of september, down i% to the end of september, down i% from a year ago. this is the fourth consecutive quarter of year—over—year decline. there was a drop in sales in hardware products, especially computers and ipods, and the market in china remain shaky, revenue stone 2.5% from a year ago. apple faces renewed competition from chinese foreign maker. their sales are slightly better on iphones, slightly better than wall street was affected. it services business, such as apple pay. it services business, such as apple pay, apple tv, and apple news, revenue passed 22 billions for a first time, an impressive figure but still less than half than what the company make from selling smartphones, which is why investors are carefully watching what the company says about that. indians love to travel and a new study is proving just that. new findings show that the country has made a quicker reco

here's michelle fleury from new york.ond movies and some say it is from star trek. either way this is a big deal. amazon may have not built chat gpt but it now has its own generative ai helper which is designed to assist employees with daily tasks, whether it is answering questions about company policy, to coding to summarising strategy documents. crucially, it will compete with other corporate chat bots including copilot by microsoft and duet ai by google. the tech giant also unveiled new ai chips at its annual developer conference in las vegas where taking the stage was the boss of nvidia, a sign of the deepening relationship between these two. amazon said that as well as its own ai chips, it would offer customers access to the latest chips from nvidia. why? amazon is trying to reassert its dominance of cloud computing and is hoping that this will give it an edge over its rival, microsoft. michelle fleury there. what's going on at barclays? on tuesday the unite union said that the bank is cutting 900 uk jobs as it looks

i am michelle fleury. hospital has become nearly cemetery. the us has power outages at el shifa hospital in

my michelle fleury.as ongoing fighting in the area of the al—shifa hospital has put lives at risk. the un wants dozens of premature babies and 45 kidney patients needing dialysis can't be treated due to a lack of power. expressing

michelle fleury there. around the world and across the uk, this is bbc news.bbc news, bringing you different stories _ voice-over: bbc news, bringing you different stories from - you different stories from across the uk.— you different stories from across the uk. we're helping about 150- — across the uk. we're helping about 150- families - across the uk. we're helping about 150- families per- across the uk. we're helpingj about 150- families per week about 150— families per week now. but the huge average. at the bottom of this property is a small child and that child needs help so that's what we do. emily only thought her baby bank would last a couple of weeks and finish once her donation straight up, but almost five years on, many struggling families rely on it. they are not coming because there are flash or because they've got lots of things, they've got lots of things, they are coming because they are desperate and need a winter coat for their child, a pair of come because they are facing incredibly different, difficult circumstances and need that little bi

from new york, michelle fleury reports.te nord, sweden's postal authority, had stopped delivering license plates for tesla's new cars, essentially stopping all newly purchased vehicles from becoming road legal. the move was intended to support a strike by tesla mechanics in the country after the us car—maker turned down their request for a collective bargaining agreement, which is fairly standard in sweden. that's when sparks began to fly. on monday, tesla filed a lawsuit accusing the country's transport agency and its postal authority post nord, of unfairly targeting the electric car maker by not giving it access to the registration plates. a few hours later, a swedish court issued an interim judgment in tesla's favor, saying it must deliver the plates. in response, ceo elon musk posted on the social media platform he owns thanking the country. tesla's billionaire boss is famously anti—union and the us car—maker has managed to avoid collective bargaining in its global operations. the decision is a blow to the swedish labou

from new york, here's the bbc�*s north america correspondent michelle fleury. us is hosting this year's asia pacific economic cooperation summit, an annual event to promote trade between its members. ahead of the gathering in san francisco, there has already been a flurry of diplomatic activity including a meeting between america and china's top finance officials. at a time of intense competition between the two nations, janet yellen had this message for china's new economic tsar, he lifeng. the united states has no desire to decouple from china. a full separation of our economies would be economically disastrous for both of our countries and for the world. we seek a healthy economic relationship with china that benefits both countries over time. her comments come ahead of a potential meeting between presidentjoe biden and xijinping next week. since the leaders of the world's two most powerful nations last met in bali, a lot has changed — despite us restrictions on high—tech products over the last few months, us—china relations have actually improved. both side

are seeking damages of "a sum exceeding" $1 billion. 0ur north america business correspondent michelle fleurye on the story. the crypto industry's appetite for celebrity partnerships is well documented. now, many of the a—listers who got in on the action are caught up in the sector's troubles. the latest is the world renowned footballer cristiano ronaldo. last november, ronaldo and binance, the world's largest crypto exchange, announced a multi—year partnership to introduce his fans to the world of ths, starting with the launch of the cr7 collection. now ths are non-fungible tokens. they're virtual assets that can be bought and sold. they don't exist in a physical sense, only digitally. while cr7 while that refers to ronaldo's initials and his shirt number. now, in the class action lawsuit, the plaintiffs claim his endorsement led them to make loss making investments. they want at least $1 billion in damages. the action comes a week after binance agreed to pay $4.3 billion to settle a us criminal case that it failed to prevent money laundering and sanctions violations. and together we can exc

from new york, here's the bbc�*s north america correspondent michelle fleury.he us is so sick this years asia pacific corporation summit, an annual event to promote trade between its members build up ahead of next week's gathering in san francisco there's already been a flurry of diplomatic activity, including a meeting between america and china's top finance officials. at a between america and china's top finance officials.— finance officials. at a time of intense competition - finance officials. at a time ofi intense competition between finance officials. at a time of- intense competition between the two nations janet yellen had this message for china's new economic tsar.— economic tsar. the united states has _ economic tsar. the united states has no _ economic tsar. the united states has no desire - economic tsar. the united states has no desire to . states has no desire to decouple from china. a full separation of our economies would be economically disastrous for both of our countries and for the world. we seek a healthy economic relationship with china wi

we're nowjoined from new york, by our north american business correspondent michelle fleury.ve on the crypto sector? good to see you. what is the reaction been to this guilty verdict? ., ., ~' ~' reaction been to this guilty verdict? ~ , .,, reaction been to this guilty verdict? ~ , ., verdict? look, i think people are re verdict? look, i think people are pretty stunned — verdict? look, i think people are pretty stunned that _ verdict? look, i think people are pretty stunned that it _ verdict? look, i think people are pretty stunned that it took - verdict? look, i think people are pretty stunned that it took the i verdict? look, i think people are l pretty stunned that it took the jury only foreign to have hours to convict sam bankman—fried, the crypto king as he was once referred to. guilty on all seven counts. i mean, this is an astonishing fall from grace. if you think back over a year ago, from grace. if you think back over a yearago, he from grace. if you think back over a year ago, he was hobnobbing with washington elites, he was taking out ads in the super bowl, one of

let's go to our north america busiess correspondent, michelle fleury, in new york.reakthrough or am i getting overexcited? i breakthrough or am i getting overexcited ?_ breakthrough or am i getting overexcited? ~ .. , ., overexcited? i think the fact you were talking _ overexcited? i think the fact you were talking about _ overexcited? i think the fact you were talking about high-level. overexcited? i think the fact you i were talking about high-level talks were talking about high—level talks between the world's two superpowers is a good thing. it is important for these leaders to keep open channels of communication. this is only the second time they will have met since president biden took office, and since then if you think back one year ago, since then if you think back one yearago, relations since then if you think back one year ago, relations between china and the us were terrible. they've improved a bit, and this is about building on that. but nobody is anticipating any major breakthroughs. what you can see is a flurry of diplomatic activity, including a meeti

michelle fleury has been going through the numbers.rket value reported revenue of $89.5 billion for the three months to the end of september, down 1% from a year ago. now, this is the fourth consecutive quarter of year over year sales declines. there was a big drop in sales of its hardware products, especially macs and ipads, and the market in china, well, that remains shaky, revenue was down two and a half percent from a year ago. apple faces renewed competition from chinese phone maker huawei. still, it did manage to sell more smartphones. sales increased 2% from last year. that was slightly better than wall street was expecting. the standout, though, was its services business, which includes apple pay, apple tv and apple news. revenue surpassed $22 billion for the first time, an impressive figure, but still less than half what the company makes from selling smartphones. primary schools across the indian capital, delhi, have been shut as a grey, polluting smog engulfs the city. the chief minister, arvind kejriwal, said they would be

michelle fleury has the latest from new york. it's nearly a year since bob iger made his shock return to disney following his retirement and having restructured its operations. mr iger, who is on his second go round leading the media giant, said disney was now moving to its next phase. while we still have work to do to continue improving results, our progress has allowed us to move beyond this period of fixing and begin building our businesses again. an example of that next month, disney will launch a beta test of an app that combines disney plus its streaming service with hulu and other streaming service. itjust bought the remaining stake in hulu from comcast. this comes as streaming losses shrunk and as disney plus added seven million subscribers. that's nearly double forecasts. it's also investing money in its theme parks, which continued to grow. and new films like the marvels, due out this friday, should help its film studio, which is focusing on making less stuff of higher quality from its existing franchises. still, not al

to new york now and our north america business correspondent michelle fleury. so, here we go. little bit of consolidation in a really competitive streaming market. this could be the precursor to the consolidation, could it? look, we are seen as _ consolidation, could it? look, we are seen as continuing _ consolidation, could it? look, we are seen as continuing elevation l consolidation, could it? look, we. are seen as continuing elevation to linear television to the world of streaming. disney is working on the strategy for a while, they have been trying to buy at the stake in hulu since 2019, four years later finally they are one step closer. as you say, it is part of this trend we're seeing playing out across the media landscape right now. everyone jostling to figure out how to position themselves. go back a couple of years and hulu a subscription service streaming model that was set up by many companies, not just that was set up by many companies, notjust disney but comcast were at the party, fox, they were all part of this group. 0ver the party, fox, they were all part of t

but that was not the only new release from amazon as michelle fleury reports from new york. amazon announced 0, new chat for people to use at work there seems to be a dispute over where the name comes from. dispute over where the name comes from-— comes from. some say it is after the — comes from. some say it is after the john _ comes from. some say it is after the john bond - comes from. some say it is after the john bond movies i comes from. some say it is - after the john bond movies and after thejohn bond movies and some seders from star trek. either way this is a big deal. amazon may have not built chat gpt but it now has its own generative ai helper which is designed to assist employees with daily tasks whether it is answering questions about company policy, to coding to some mooring summarising strategy documents. crucially it will compete with other corporate chat lots including copilot by microsoft and duit ai by google. the tech giant also unveiled new ai chips at its annual developer conference in las vegas where taking the stage was nvidia, a sign of the deepenin

michelle fleury is in new york for us.tentative deal but we have a few details of what it involves. yeah, some of the issues at the heart of this were complex, the actors new three—year deal includes, according to the studios, the largest increase in minimum wages in the last a0 years. but there are other issues, other things that came to the forefront as a result of the shift towards streaming. as part of that, performers will receive higher residuals, repeat fees for work they do on shows for the steam services. but perhaps the issue that really was the most difficult to resolve how to do with the use of artificial intelligence and storytelling. the studios are increasingly turning to digital technology to clone the likeness of an actor, so that was a big issue for the actors. the union said they had achieved unprecedented provision for consent and compensation that would protect its members from the threat of ai. for the actors. — members from the threat of ai. for the actors, good news, they can go back to those auditi

they are, however, some bright spots in iphone make—up other businesses, as michelle fleury explains. of $89.5 billion for the three months to the end of september, down 1% from a year ago. this is the fourth consecutive quarter of year over year sales declines. there was a big drop in sales of its hardware products, especially max and ipads, and the market in china, broc that remain shaky. revenue was down 2.5% from a year ago. apple faces renewed competition from chinese phone maker huawei. still, it did manage to sell more smartphones. sales increased 2% from last year, that was slightly better than wall street was expecting. the standout, though, was its services business, which includes apple pay, apple tv and apple news. revenue surpassed $22 billion for the first time, an impressive figure, but still less than half what the company makes from selling smartphones, which is why investors are nervously watching what the company says about that. now, indians love to travel, and a new study is proving just that. new findings show that the country has made a quicker recovery after co

our north america business correspondent michelle fleury is in new york. did redefine the way we consume and by media. but as we said, his son will inherit quite a different beast.— said, his son will inherit quite a different beast. yes, you know, it's worth taking _ different beast. yes, you know, it's worth taking a _ different beast. yes, you know, it's worth taking a moment _ different beast. yes, you know, it's worth taking a moment to - different beast. yes, you know, it's worth taking a moment to reflect i different beast. yes, you know, it's| worth taking a moment to reflect on the two different individuals. on the two different individuals. on the one hand you have rupert murdoch, who at heart, has always considered himself a newspaperman, and his love of newspapers was legendary. his son is somewhat different. is more focused on the bottom line and interested in the business side of things and advertising revenue, so he brings to the running of the a different mindset, but as you say, he's going to inherit an inbox which is full of legal challen

michelle fleury has been following the story.asia pacific economic cooperation summit, an annual event to promote trade between its members. ahead of next week's gathering in san francisco, there's already been a flurry of diplomatic activity, including a meeting between america and china's top finance officials. at a time of intense competition between the two nations, janet yellen had this message for china's new economic czar, he lifeng. the united states has no desire to decouple from china. a full separation of our economies would be economically disastrous for both of our countries and for the world. we seek a healthy economic relationship with china that benefits both countries over time. janet yellen's comments come ahead of a potential meeting between us presidentjoe biden and chinese president xijinping next week. since the leaders of the world's two most powerful nations last met in bali, well, a lot has changed. despite us restrictions on high tech products over the last few months, us—china relations have actually im

from new york, here's the bbc�*s north america correspondent michelle fleury.trade between its members build up ahead of next week's gathering in san francisco there's already been a flurry of diplomatic activity, including a meeting between america and china's top finance officials. at between america and china's top finance officials. fit a between america and china's top finance officials.— finance officials. at a time of intense competition - finance officials. at a time ofj intense competition between finance officials. at a time of- intense competition between the two nations janet yellen had this message for china's new economic tsar.— economic tsar. the united states has _ economic tsar. the united states has no _

michelle fleury has the latest from new york. it is nearly a year since bob iger made his shocked return to disney following his retirement and having restructured its operations, mr i go, was on his second go around leaving the media giant, said disney is now moving to its next phase.- moving to its next phase. well, we still have _ moving to its next phase. well, we still have work _ moving to its next phase. well, we still have work to _ moving to its next phase. well, we still have work to do - moving to its next phase. well, we still have work to do to - we still have work to do to continue improving a result, progress has allowed us to move beyond the spirit of fixing and begin building our business again. an example of that, next month disney will launch a beta test of an app that combines disney plus, streaming servers, with hulu, another streaming servers. itjust bought the remaining stake in bulloo from comcast. this comes as dreaming losses are and is disney plus added 7 million subscribers, thatis added 7 million subs

michelle fleury has the latest from new york.red its operations. mr iger, who is on his second go round leading the media giant, said disney was now moving to its next phase. while we still have work to do to continue improving results, our progress has allowed us to move beyond this period of fixing and begin building our businesses again. an example of that next month, disney will launch a beta test of an app that combines disney plus its streaming service with hulu and other streaming service. itjust bought the remaining stake in hulu from comcast. this comes as streaming losses shrunk and as disney plus added seven million subscribers. that's nearly double forecasts. it's also investing money in its theme parks,

our north america business correspondent michelle fleury reports from new york.erve

but that wasn't the only new release from amazon, as the bbc�*s michelle fleury reports from new york

michelle fleury is in new york for us.ording to the studios, the largest increase in minimum wages in the last a0 years. but there are other issues, other things that came to the forefront as a result of the shift towards streaming. as part of that,

michelle fleury is in new york for us. 118 days, not been good news for the actors but they say thereave they secured in this deal? we point to make. what have they secured in this deal?— point to make. what have they secured in this deal? we still don't have all of the _ secured in this deal? we still don't have all of the details, _ secured in this deal? we still don't have all of the details, we - secured in this deal? we still don't have all of the details, we are - have all of the details, we are waiting for those to be released but it is fair to say the issues were pretty complex and we do know a little bit from the studios about what they have secured. the largest increase in minimum wages in the last a0 years, performers will also receive higher residuals, repeat fees they get for work on shows that are for streaming services. that had been one of their primary complaints initially, was that the shift away from linear television to streaming companies like netflix and others, it meant they were not reaping the same salaries they had in the past so they were pushing hard to red

i am michelle fleury. the world health organisation warns guys are�*s because hospital has become nearly cemetery. the us has power outages at el shifa hospital in north gaza means dozens of premature babies and 45 kidney patients needing analysis can't be treated. the idf now says it's working to transfer incubators. ongoing fighting in the area has continued as israel says hamas�*s command centres are on hospitals and insists it is not targeting medicalfacilities insists it is not targeting medical facilities themselves. expressing his concern monday, president biden said hospitals must be protected. the un says it'll run out of fuel in gaza as soon as tuesday, making it impossible to distribute aid to the more than 2 million people the more than 2 million people the strip. hamas run health ministry says more than 11,000 people have been killed in gaza since israel began strikes after the hamas attacks on 7 october where talking to people were killed by more than 200 taken hostage. see ta ken hostage. se

from new york, here's the bbc�*s north america correspondent michelle fleury.ahead of the gathering in san francisco there has already been a flurry of diplomatic activity including a meeting between america and china's top finance officials. at a time of intense competition between the two nations, janet yellen had this message for china's new economic tsar, mr he. the united states _

michelle fleury is in new york for us. have i pronounced the name correctly? not the way you pronounce it. it's a hugely popular brand, both where you are and where i am in the us. it is known for selling vast amounts of close, very fast, faster than usual in terms of the turnaround. it is hoping to win over wall street investors. it also has anotherjob on hand, notjust to woo investors but washington. the reason is in the past this company has had issues where it's been questioned over how it treats it workers and over the use of forced labourers, specifically the use of the chinese ethnic menorah to, and whether or not they have made cotton —— ethnic minorities. the company has gone on a huge pr offensive in the last six months. they've been in touch with media outlets like the bbc, trying to win them over ahead of what we now know this ipo. it hasn't been confirmed, the paperwork has been filed in a secretive manner, but once things get ironed out, we expect it to be public.- expect it to be public. cyber monday. — expect it to be public. cyber monday, what

to our north america business correspondent michelle fleury.documented problems, that failure to launch and go public in 2019 and here we are potentially from a massive valuation now facing bankruptcy protection. flat from a massive valuation now facing bankruptcy protection.— bankruptcy protection. not a surrise bankruptcy protection. not a surprise but _ bankruptcy protection. not a surprise but at _ bankruptcy protection. not a surprise but at the _ bankruptcy protection. not a surprise but at the same - bankruptcy protection. not a l surprise but at the same time bankruptcy protection. not a i surprise but at the same time a stunning full from grace when you consider how big this company was. at one point it had a valuation of 47 billion. you have the pandemic and a shift to remote working and you start to see some of the struggles confronting the company, in particular at the time when it was growing exponentially it was signing leases at a time when prices were still high. since the pandemic, the picture looks very different and the pictu

she's been speaking to my colleague michelle fleury.rgest promotional day all year for the company, and it is a horrible day if you are a starbucks worker. stores are continually understaffed, constantly running out of product. there's long wait times for customers and the workers on the floors of these shops, they bear the brunt of that. and it's time that our voices be heard, and the strongest voice we have right now — the strongest weapon we have right now — is our labour. we've won the first unionised starbucks in us history. michelle eisen worked at the first ever starbucks to successfully organise. and she's still a key figure in starbucks workers' efforts to unionise. what do you hope to achieve? what i hope to achieve is that the company starts paying attention. and we're seeing a lot of different groups who are joining us in front of these stores this year, and i think that's what's going to set this apart. and i think that's what should scare the company. their reputation is. . . everything. and if your customer base has now d

my michelle fleury. hospitals in gaza facing an increasingly dire situation has ongoing fighting in the area of the al—shifa hospital has put lives at risk. the un wants dozens of premature babies and 45 kidney patients needing dialysis can't be treated due to a lack of power. expressing his concern on monday president biden is that hospitals must be protected. at the un also says it will run out of fuel in gaza as soon as tuesday. making it impossible to distribute aid to the more than 2 million people in the strip. see international corresponded orla guerin has more and awarding the report contains scenes you may find distressing. war is closing in, and they are running out of time. these premature babies at al—shifa hospital, fighting for life without incubators. since these pictures were taken at the weekend, several babies have died at the hospital, according to health ministry officials. the hospital grounds already look like a war zone. palestinians say this is the aftermath of a recent israeli ai

our north america business correspondent michelle fleury is in new york.hy are shares bouncing up like this, up 18%, ithink? why are shares bouncing up like this, up 1896, ithink?— why are shares bouncing up like this, up 1896, ithink? this, up 1896, i think? yeah, you know, it this, up 1896, i think? yeah, you know. it is _ this, up 1896, i think? yeah, you know. it is a _ this, up 1896, i think? yeah, you know, it is a strong _ this, up 1896, i think? yeah, you know, it is a strong showing - this, up 1896, i think? yeah, you know, it is a strong showing for| know, it is a strong showing for this company, it is sort of like a youtube for video games, you have the app, you go into it and then you have got lots of experiences you can choose from. in the past the company has been making a loss because it's been spending a lot of money trying to build up its business. in the last quarter the company said it did a betterjob of managing those expenses and so it was able to increase its profit margins. that is always something that shareholders like to hear, but

from new york, here's the bbc�*s north america correspondent michelle fleury.ere has already been a flurry of diplomatic activity including a meeting between america and china's top finance officials. at a time of intense competition between the two nations, janet yellen had this message for china's new economic tsar, he lifeng. the united states has no desire to decouple from china. a full separation of our economies would be economically

to new york now and our north america business correspondent michelle fleury.out this before, haven't we because there are so many streaming services out there it's hard to know which to subscribe to. there might be a little bit of consolidation and this could be one of those things in action. weill. of those things in action. well, look, i think— of those things in action. well, look, i think you _ of those things in action. well, look, i think you are _ of those things in action. well, look, i think you are right - of those things in action. well, look, i think you are right to i of those things in action. well, | look, i think you are right to see this as sort of consolidation as media companies look at the future and look at people's viewing habits and look at people's viewing habits and acknowledge the fact that increasingly there is a whole new generation that aren't interested in watching linear television. they want to watch on demand, how they like it, when they want it so with streaming being the future, this move by disney reflects that shift that we

our north america business correspondent michelle fleury is in new york. but the end of an era for rupert murdoch.— rupert murdoch. yes, this is someone who for a long — rupert murdoch. yes, this is someone who for a long time _ rupert murdoch. yes, this is someone who for a long time has _ rupert murdoch. yes, this is someone who for a long time has been - who for a long time has been associated with newspapers and his love of newspapers and add at heart that's what he's considered himself but now he replaced by his son lachlan who doesn't necessarily have the same affinity for news that his father done and he's known for his love of business and that is what it will bring to the table but his inboxis will bring to the table but his inbox is pretty full with a number of legal complaints not least from the voting technology company smart matic. you might recall last year the news organisation, newscorp, had to settle with a company called dominion systems, and other voting technology company in america and they paid over 700 million dollars and smart matic

and the signs are that it is paying off, as michelle fleury reports.ince bob iger made his shocked return to disney following his retirement and having restructured its operations, mr iger, who was on his second go around leaving the media giant, said disney is now moving to its next phase. while we still have work to do to continue improving a result, progress has allowed us to move beyond the spirit of fixing and begin building our business again. an example of that, next month disney will launch a beta test of an app that combines disney+, streaming service, with hulu, another streaming servers. itjust bought the remaining stake in hulu from comcast. this comes as dreaming losses are and is disney + added 7 million subscribers, that is nearly double forecasts. it is also investing money in its theme parks, which continue to grow. we switched places whenever we use them. ., ., ., , and new films like the marvels, due out this friday, should help its film studio which is focusing on making less stuff of higher quality from its existing franchises. sti

michelle fleury reports from new york.or the last year and a half the federal reserve believes it's in a place regularly rates where they are, to call the economy and slow inflation from its current 3.7% on a yearly basis too closer to 2%. even though america's central bank opted not to hike right now, the federal chair suggested officials are prepared to do more if inflation flees again. the idea that it would be difficult to raise again after stopping for a meeting or two is not — stopping for a meeting or two is not right, the committee will— is not right, the committee will do _ is not right, the committee will do what it thinks is appropriate at the time. right now things — appropriate at the time. right now things look _ appropriate at the time. right now things look good, - appropriate at the time. right now things look good, even . now things look good, even though it's pricierfor though it's pricier for americans though it's pricierfor americans to get a mortgage or carry credit card debt, growth was stronger than