our correspondent samira hussain is in new york. what have the authority ‘s been saying?have just ended a press conference a short while ago. they had the mayor of new york city, the governor of new york and the head of the new york city police all speaking here. they did refer to this as an act of terror. to give you a sense of where we are, i'm right outside the cnn buildings where they found one of those bombs. they have just reopened the building and part of the street but there is still quite a large police presence around me. they have taken the device that they have found here and moved up town where the new york police department will be further investigating the device along with other federal authorities. they did find some white substance on the device and as a result, they still have the mail room in this building closed down because they want to see exactly what that powder is. whether or not it is something harmful. people talking about the highly charged political atmosphere in america. the fact that the middle terms are coming up. many of the people who ha

samira hussain reports from ontario, canada.what you want, the cannabis industry is coming into bloom in canada. this is no ordinary grow, a high—tech operation produces a staggering amount of legal marijuana. we are like a tech company that produces cannabis and it had to be done properly and was probably more of about tech than it was about cush. inside this vault is where they keep the stuff that is ready to ship. security is tight and surprising, considering —— unsurprisingly considering —— unsurprisingly considering the half a billion dollars worth of outline the shelves, and those numbers have so many people getting high on the prospects for pot. this is bay street, toronto, and it is beginning to dominate the industry, says investor paul rosen. this is the hub of the industry, toronto is specifically where most of the global cannabis companies come to raise capital, most of the well—known us companies are coming to canada to list on the canadian securities exchange was they can't list on the nasdaq. even educators like bi

samira hussain reports from new york. the pace of hiring will change all that much. on average, the us economy has been adding about 196,000 jobs per month for the past several months. so key will really be wage growth. hourly wages went up in the last jobs report, and that is a really good thing. so if friday‘s report shows that we just have increased again, it will be a real sign that there is momentum in the economy, and that it just there is momentum in the economy, and that itjust wasn‘t there is momentum in the economy, and that it just wasn‘t a there is momentum in the economy, and that itjust wasn‘t a 1—off blip. the other thing which is going to be key is the labour participation. now, although the unemployment rate remains low, people who had previously stopped looking for work haven‘t really got back into the game. so economists will want to see a real, meaningful change in the number of people that are actively looking for work. let‘s go to asia now, and the world‘s biggest electronics firm says it is on track

he joins a growing list of business leaders who are now boycotting the event, as samira hussain reportsarabia gives them a chance to secure lucrative contracts in the country. so the financial benefit attending could be quite significant, but in the end, there was just too much pressure on people to pull out, including us trade secretary steve mnuchin. ministers from france and uk already had an big names in america's business community, like jamie diamond atjp morgan chase and bill for the ford motor co, already had said that they would not be attending. no one will be going in steve mnuchin's place, and certainly increased the pressure on any american company that is still planning to attend. they have cancelled their sponsorship and will no longer be covering the conference, but goldman sachs is still planning to send a member of the firm and of course, a former high—profile member of the trump white house. last year, the us and saudi arabia traded more than $15 billion worth of goods and services. let's brief you on some other business stories. credit card giant american express say

samira hussain is in downtown new york, by the time warner building. of concern about what is taking place there, it is right in the centre of new york. samira, there is a large police presence, they are not saying there is another threat, but they want to make people less anxious? absolutely. in fact when we heard from the officials here at a press conference that they held here earlier, they said they have increased the police presence at some sites here in new york city not because there is any threat but just because of an abundance of caution. i am standing outside cnn, and police barricades have been moved and people are now allow to enter into the building freeling. that was certainly not the case earlier today when they did find that suspicious package. it was eventually removed, the bomb was taken up town where the new york police have a facility where they can take care of these and they are going to conduct more test. they are also looking into some of the white powdered substance that was found on the mail package, and they are doing further

samira hussain has the details of what's ahead on wall street today.ing earnings on thursday and investors looking at the cannabis industry will be paying close attention. constellation is an adult beverage company that sells beer, wine and spirits. among its most well—known offerings are corona and robert mondavi. in august the company launched a strategic partnership with canopy growth, a canadian cannabis company that is also listed here in the us. analysts will be looking to see if constellation's bet on cannabis is paying off. joining us is supriya menon, senior multi—asset strategist from pictet asset management. did i say that right? talk us through why it matters, what impact it has on people's money. it is responding to fundamentally much stronger data in the us. yesterday we saw key gauge of sentiment, the services pmi rise to its highest level ever. we also got strong detail on employment so it means that the gap between the us, economic momentum and the direction of rate rises, the gap is widening and that means that money is being put into

here's samira hussain.ana. we're kind of like a tech company that produces cannabis. there was an idea that had to be done properly and it was more about tech than kush. inside this fault is the stuff ready to ship. security is tight and not surprisingly, considering half $1 billion worth of marijuana that line these shelves. this is based reached toronto, canada's this is based reached toronto, ca nada's financial district. the country's early adoption of cannabis asa country's early adoption of cannabis as a legitimate businesses allowing it to dominate the industry. just ask this investor. this has become the hub of business, where most of the hub of business, where most of the global cannabis companies coming to raise their capital. they are coming to list on the canadian exchange because they can't list on other markets. in this classroom, stu d e nts other markets. in this classroom, students are learning to cultivate marijuana on an industrial scale. the goal is to get them into cannabis companies fa

thank you, samira hussain in new york.t in canada. the $31 billion project is backed by the government and will allow huge amounts of liquefied natural gas — or lng — to be sent to asia. the world's biggest lng trader, shell, is one of the foreign companies investing in the facility. analyst cornelia meyer says it's a major development. it's huge for canada, because canada hasn't really done lng before. it is a huge facility. in 2024 it will produce around 6.5 million tonnes per annum of lng and can run up to 26 million tonnes. the two because consumers so far have been korea and japan, but china is really, really ramping up —— the two biggest consumers. they are getting rid of the coal—fired power plants. shell thinks that by 2035 we will have doubled the demand for lng from where we are now, so it is big. many of us are looking for ways of becoming more environmentally conscious — but seaweed may not be the first thing that springs to mind. however an indonesian inventor has found new ways to use the marine algae — liz b

and samira hussain has the details of what's ahead on wall street today.ll street. on wednesday we will hear from us car—maker general motors. unsurprisingly, the company is being hit by rising steel and aluminium costs and less demand from china. but on the flip side other car—makers like tesla and ford beat expectations. so investors are waiting to see if gm can do the same. also reporting, cosmetics maker estee lauder. there has been a lot of demand for its skincare line clinique and make—up brand mac, particularly in emerging markets, but the question on everyone's mind will be china and if there has been an impact on demand. joining us is sue noffke, uk equities fund manager at schroders. good morning. let's talk about what the month has held over the last 31 days of october. it has been turbulent. a torrid time. in the eurozone, yes, but we have had some strong economic data. we had weaker numbers yesterday than the had expected. really it has been a year of one office. there was the very cold weather in spring. the trade war talk has really gummed u

and samira hussain has the details of what's ahead on wall street today.in the last three months? well, we'll find out friday when the commerce department releases the latest report on the country's gross domestic product. now, the previous quarter showed that the economy grew at a rate of 4.2%. that's the highest we've seen since 2014. now, for this most recent quarter, economists are expecting a rate of about 3.3%. these are the final gdp numbers before the very contentious midterm elections. we can certainly expect that president trump will be touting the growing american economy. joining us is richard hunter, head of markets at interactive investor. welcome back. we are right in the middle of earnings season in the us. corporate america is updating the world on how it is doing. we have had some tech companies reporting in the last few days. what is the picture and sense you are gathering as an investor and what kind of mood music do we get from the states?” think the results themselves have been very strong. we have known for some time the us economy i

and samira hussain has the details of what's ahead on wall street today. coca—cola and ali baba. on friday we get the latest jobs numbers, the department of labour releases its employment report before friday i guess we have to deal with monday first. monda les international will report earnings, a nalysts international will report earnings, analysts expecting lower earnings, there's been less demand for the brand cookies and snacks in europe and latin america. investors will be on the lookout for details on the strategic changes including investments in e—commerce to drive sales as well as any comments on trade and tariffs impact. samir wrote in new york. joining us is shaun port, chief investment officer at investment management company, nutmeg. how are you? good, thank you. you are looking quite calm, a new trading week in operation. october has been such a tough month, down by 8%, a focus on earnings. the tech giants had some disappointing guidance coming into the fourth quarter, apple and facebook will be key with their earnings. we've seen today in e

samira hussain has the details of what's ahead on wall street today. a sharp decline on wednesday, thursday is when some of the biggest tech companies get the chance to persuade investors that the good times are still rolling. first out, before the market is open is twitter. this global market reporting a rise in profits in the third quarter but as ever, a lot of investors will be focusing on their struggle to increase the number of users. after the closing bell, two of the giants of the tech centres put out their numbers, amazon and google. but with the tech heavy stock index, the nasdaq, suffering its worst day in several years on thursday, even the biggest names in tech had to do some heavy lifting to boost investor's sentience. joining us is derrick — the chief markets strategist at bank of new york mellon top of cycle — only one way to go? how do you feel? some deja vu, actually. look, the job how do you feel? some deja vu, actually. look, thejob of how do you feel? some deja vu, actually. look, the job of the market is to look forward to discount

more on that in a moment, but first samira hussain has the details of what's ahead on wall street todaydavidson will be reporting earnings, earlier this year it decided to move production of bikes going to the european union from the us to its overseas facilities. calls to boycott harley—davidson then followed and they were backed by the american president donald trump. investors will be looking for a financial fallout from that. the golden arches will also be reporting earnings and while investors might be interested in seeing if low price value meals and other initiatives have been successful in drawing in more customers the focus will be on china where the anti—us sentiment following the trade war could dampen sales and overall results in return. joining us to talk about the markets today is jane sydenham, investment director at rathbones investment management. let's talk about saudi arabia. yes, they have been trying to move away from being seen as just an oil state and moving towards diverse in its economy through investment and so on, it needs to reassure the world it's not just g

he joins a growing list of business leaders now boycotting the event, as samira hussain reports.s attendees an opportunity to secure lucrative contracts in the country, so the financial benefit to attending could be quite significant, but in the end there was just too much pressure on people to pull out, including us trade secretary steve mnuchin. ministers from france and the uk already had, and big names in america's business community, like jamie dimon ofjpmorgan chase, and bill ford of ford motor company, already had said that they would not be attending. no—one will be going in mr mnuchin's place, and this has certainly increased the pressure on any american company that is still planning to attend. the fox business network has cancelled its sponsorship and will no longer be covering the conference. last year, the us and saudi arabia traded more than $115 billion worth of goods and services. joining us is james bevan, chief investment officer at ccla investment management. let's talk about the flip side of what is going on in china, some of the concerns that we have around e

and samira hussain has the details of what's ahead on wall street today.here he will likely announce that the administration is lifting the summer ban on higher ethanol blends of gasoline. now, the move could reshape the retail gas market, making gasoline with 15% ethanol is a new consumer standard. the mid—term election's next month and this particular measure is really aimed at boosting farm belt republicans. also happening on tuesday, google will be holding an event in new york where it is expected to launch the third—generation pixel smartphone and chrome os tablet. other devices may also be announced. what else is happening in the markets? joining us now is sonja laud, head of equity at fidelity international. nice to see you. let's pick up on that story we spoke about already, microsoft's investing in grab. we are seeing different patterns emerge around the world but he was dominant in which market and particularly how it is doing in asia. it is not their first engagement in a right hailing app. they have cloud systems such as azure and it is more ab

samira hussain has the story. doob, ganj, weed, bud.industry is coming into bloom. this is no ordinary grow, it's a high—tech operation that produces a staggering amount of legal marijuana. we are kind of like a tech company that produces cannabis. it was about the idea that this had to be done and probably was more about tech. inside this vault is where they keep the stuff that is ready to ship. security is tight, unsurprisingly, considering the half a billion dollars worth of marijuana that line these shelves. this is bay street, toronto, ca nada's financial district. the country's early adoption of cannabis as a legitimate business is allowing it to dominate the industry. just ask investor, paul rosen. this has become the hub of the global cannabis industry. toronto specifically is where most of the global cannabis companies are coming to raise their capital. most of the well—known us companies are coming to canada to list on the canadian securities exchange because they can't list on the nasdaq or the nyse. in this classroom, studen

samira hussain is in new york. china really hitting back. absolutely.in different parts of latin america and he made the suggestion that these investments if it seems to be good to be true, maybe it not —— maybe it is not in the interests of locals. china had come with big interest rates that they have had to pay for these loans, but what is being talked about is the fact that china is trying to assert more influence in latin america as the united states is no longer as important in latin america as china is trying to put more influence there, and given the fact we are seeing this trade war between the night dates and china, consider this becoming a proxy for their battles —— trade war between the united states and china. banks macro. —— thanks forjoining us. italy's government is refusing to back down on its budget targets, despite european union criticism of its 2019 spending plans. in a letter to the commission, economy minister giovanni tria said the government had to take "hard but necessary decisions" to try to boost economic growth. nicola borri

we can now speak to samira hussain, who is in new york.ation? in fact that package was found not too far from where the bbc offices are. it has been taken up town to a facility that the new york city police use to defuse and investigate these bombs. there are several levels of authorities involved in the investigation, from the fbi to the investigation, from the fbi to the new york city police and other local authorities. since london, there have been a total of ten devices found. four have been confirmed as pipe bombs and the others are still being tested. they we re others are still being tested. they were all sent to prominent democrats oi’ were all sent to prominent democrats or outspoken critics of president trump. thank you very much indeed. that was live from new york. we will talk more about that and president trump in particular and his relationship with the media. we will have a reporter from the washington post after 5:30pm. the defence secretary gavin williamson has announced that all roles in the military are now open to women

samira hussain is live. it is incredibly difficult to win this. but it is not putting people off.ne in the united states in the last few years have changed the formula. so you don't have as many winners but the jackpots just get have as many winners but the jackpotsjust get bigger have as many winners but the jackpots just get bigger and bigger. and of course the bigger the jackpots, the there are more people driving to those sales. it actually working for the lottery commissions because people are interested in those tickets. take a look at those pictures up in long lines of people buying tickets. in fact the bbc new york office has indeed contributed to those lines. i wasjust would ask you if if you bought a ticket. in terms of morality, there's a huge question about that because of such huge winnings. sure, but if it is $2 or $5 for someone tojust huge winnings. sure, but if it is $2 or $5 for someone to just a dream about what it would be like to have that $1.6 billion and what they would actually do with that money, if you accept it on face value for what it is, than many peo

pot has become a multi—billion dollar industry in canada as samira hussain reports from ontario, canadaing into bloom. this is no ordinary grow, it is a high—tech operation that produces a staggering amount of legal marijuana. we are like a tech company that produces cannabis. it was about the idea that this had to be done and probably was more about tech. inside this vault is where they keep the stuff that is ready to ship. security is tight, unsurprisingly, considering the half a billion dollars worth of marijuana that line these shelves. it's those kinds of numbers that have so many people getting high on the prospects over pot. this is bay street, toronto, ca nada's financial district. the country's early adoption of cannabis as a legitimate business is allowing it to dominate the industryjust ask investor, paul rosen. this has become the hub of the global cannabis industry. toronto specifically is where most of the global cannabis companies are coming to raise their capital. most of the well—known us companies are coming to canada to list on the canadian securities exchange because

samira hussain in new york. where are they deciding is a safer place to put their money?g such big drops on markets. us markets are disclosed for trading, and we are seeing that they have fallen by more than 300 points. so it isa fallen by more than 300 points. so it is a bit ofa fallen by more than 300 points. so it is a bit of a drop, and the volatility really is coming because some of the things that you have mentioned, fears about the us— trade relations, but also interest rates. so investors a re relations, but also interest rates. so investors are moving away from the market going in the bonds, because that is probably going to yield them more money than they would on the stock market, at least thatis would on the stock market, at least that is why you're seeing some of those trends. but as ever, there is lots of volatility these days, especially in the lead up to the midterm elections. thank you very much. a quick update today, we will talk next week about it. another victim of the cut throat competition in the low—cost airline business. cobalt, which has operated

samira hussain is in new york.to you buddy press conference that we've just had, because it's important to note that the the powder —— the envelopes, the powder had no risk of biological harm according to the fbi. that was a big concern. even when they reopened the building, they did have the mailroom still cordoned off because they wanted to make sure they tested that white powder. the fear it could be some sort of biological weapon. they have at this press c0 nfe re nce biological weapon. they have at this press conference that it is in fact, not some sort of biological weapon. a few other things that we should talk about that was brought up at this press conference. first things, all of the devices that were sent to various locations in new york have all been sent to quantico. fb the fbi's location in virginia. it is really the fbi doing some protesting. it's interesting that the mayor of new york city definitely call this an act of terrorism. he said this is something that the comet the attacks were directed at

samira hussain reports. doob, ganj, weed.is, canada's cannabis that this industry is coming into bloom. this is no ordinary grow, it is a high—tech operation that produces a staggering amount of legal marijuana. we are like a tech company that produces cannabis. it was about the idea that this had to be done and probably was more about tech. inside this vault is where they keep the stuff that is ready to ship. security is tight, unsurprisingly, considering the half a billion dollars worth of marijuana that line these shelves. it's those kinds of numbers that have so many people getting high on the prospects over pot. this is bay street, toronto, ca nada's financial district. they country's early adoption of cannabis as a legitimate business is allowing it to dominate the industryjust ask investor, paul rosen. this has become the hub of the global cannabis industry. toronto specifically is where most of the global cannabis companies are coming to raise their capital. most of the well—known us companies are coming to canada to

joining us now is samira hussain, our north america business correspondent.ng we've covered on this programme a lot. if you look at the overall us economy, we are seeing lot. if you look at the overall us economy, we are seeing that the unemployment rate is below 4%. that means there's not a lot of workers around. if amazon wants to be able to fill those jobs, particularly in those fulfilment centres around the holiday period, they are going to have to start paying people a better wage. we are seeing that they are buckling under some of that pi’essui’e. buckling under some of that pressure. also, if you look at some of the companies amazon has acquired lately, one of them is an upscale grace reid chain, whole foods. the workers there were trying to organise a union to push for better wages —— upscale grocery chain. amazon say they are going to pay people better wages and also going to lobby the federal government to start doing the same. let's talk about inflation. amazon, 250,000 workers, but if you get other companies doing the same thing that feeds into a

visiting kfc and taco bell restaurants. joining us now is our north america business correspondent, samira hussainth conscious when it comes to what we eat. people are looking to be more health—conscious, but people really wa nt health—conscious, but people really want to save money. that's what was working for a brand in this quarter, that their value menu items that have done really well. they have brought people into the restaurants. they aren't the only fast food chain thatis they aren't the only fast food chain that is seen that success. mcdonald's recently reported earnings that have also seen successes with the dollar menu items. it increases the footfall into these restaurants, and gets people going in and eating will stop the weak spot, perhaps, is pizza hut. that's struggling a bit, isn't it? yes, they talked about that on the earnings call, and why it was struggling. one of the things that came out on the call was that they have specials for some of these pizzas, personal pizzas, two toppings, but none of it really took with consumers. so that's something they are really trying to work

joining us now is our north america business correspondent, samira hussain. what is going on?iggest client, their biggest purchaser and now with them gone, the challenge is, where cammack to really sell their toys. of course there is a lot of online shopping is happening in albert hasbro does not really get too dominant —— dominate that. also selling to reconsider now is the fa ct selling to reconsider now is the fact that the kinds of things that people are buying has changed. how many times are people buying twister and monopoly as a gift versus buying gadgets? any kind of tech gift. that has become so much more popular. and thatis has become so much more popular. and that is also weighing on hasbro and also what is really interesting is if you look at hasbro, it is not just them that are being impacted, we are seeing that mattel, in other toy giant, they are trading lower today. even though they have not reported their learnings just yet. investors are reported their learnings just yet. investors a re really reported their learnings just yet. investors are really worried th

joining us live from the new york stock exchange is samira hussain. what has changed?n some changes but not so significant. there is now more access for american dairy producers to the canadian market and that is increased by about 3.6%, so that was a big win for dairy producers. on the flip side, for canadians, the one real red line for them in terms of these negotiations was this dispute resolution mechanism. the united states wanted to get rid of the way that the agreement allowed for parties to resolve their differences. canada said absolutely not, that was a red line in the sand for them, not, that was a red line in the sand forthem, and not, that was a red line in the sand for them, and that actually did stay. overall, this is more of a political wing for president trump than any else. i think it is one of those things, we are going to find out over time. we will see. the proof of the pudding is always in the eating as they say. a good way of putting it. the markets? not very much change. tesco have just been fined £16 million because they didn't have due ca re m

samira hussain has the story. doob, ganj, weed, bud.that is ready to ship. security is tight, unsurprisingly, considering the half a billion dollars worth of marijuana that line these shelves. and it‘s those kinds of numbers that have so many people getting high on the prospects for pot. this is bay street, toronto, canada‘s financial district. the country‘s early adoption of cannabis as a legitimate business is allowing it to dominate the industry. just ask investor, paul rosen. this has become the hub of the global cannabis industry. toronto specifically is where most of the global cannabis companies are coming to raise their capital. most of the well—known us companies are coming to canada to list on the canadian securities exchange because they can‘t list on the nasdaq or the nyse. even educators like bill mcdonald are cashing in on cannabis. there is licensed producers coming to myself and saying, we need professionals, we can‘t find enough trained people for this. so it was only natural he start canada‘s first ever commercial cann

samira hussain.cado up and down. bt‘s figure looks impressive, up 5%, but it reached its peak in 2015, and it has never got back up there, and it has never got back up there, and it is still really struggling, looking for a new chief executive at the moment, and really having quite a hard time. jamie, thank you very much for that. a quick bit of breaking news. the head of the counter affairs terrorism select committee saying that a record number of terror investigations being conducted in the uk, many investigations being carried out, 80% including concerning islamic terrorism, 20% of others including the far right, 17 attacks foiled since then, and we will have much more on that in a while, but first of all here is a weather update with nick miller. an early taste of winter by the end of the week. this is the view from north yorkshire earlier today. it is not as windy as it has been, still some gusts around 50 mph or so in the northern isles, and a lot of cloud for western scotland and north—west en

joining us now is our north america business correspondent, samira hussain. store here in the united states — and in canada for that matter. but over the years, it really wasn't able to keep up with the changing ways that people started shopping. so, there were a few phases of this decline for sears, first we saw stores like walmart coming into the business, and that really overtook places like sears as the stores which cows sell —— which can sell absolutely everything, and they did so at a price which was cheaper than what sears was offering. and so sears really didn't innovate and change themselves to try to adapt to that. then of course there is online shopping, which has decimated a lot of us retailers, notjust sears, but sears is one where you see the impact quite significantly, based on a few fact has, how many people they employed at one time and also their actual physical retail spaces, all of these shopping mall is around the united states had sears as their anchor stores and with sears now filing for bankruptcy, those stores are now going to be gett