with more, here are samira hussain in new york.as something cold spoofing —— old max moving, putting forward all these trades but then actually not following through with them and profiting on that intent to get the shares. so that is something thatis get the shares. so that is something that is illegal, and he amassed in all of the trade, both illicit and non— illicit, $70 million. as you pointed out, from the comfort of his bedroom, in his parent‘s home in west london. in 2015 he was arrested and spent four months in prison in london. he decided to plead guilty to lesser charges and then cooperated with us authorities. both of the prosecution and the privations had said they didn‘t think that he should serve any more jail time. think that he should serve any more jailtime. —— think that he should serve any more jail time. —— privations. think that he should serve any more jailtime. —— privations. thejudge initially felt today that it was important he really learned some kind of lesson which is why she imposed a one year of house

from new york, samira hussain reports.hn stump‘s tenure as ceo of wells fargo, it was revealed bank employees opened as many as 2 million fake accounts without customers loop is knowledge and as pa rt customers loop is knowledge and as part of a settlement with the us government mr stump will have to pay 2.7 $17.5 million in fines and is banned from working in banking. before the scandal came to light he took early retirement and walked away with $130 million in stocks, cash and other compensation. the nation's fourth largest bank, wells fargo, has remained mired in restructuring and regulatory reforms since 2016 all stemming from the scandals at its consumer facing community bank. let's go to asia now, where companies are assessing the impact of the coronavirus outbreak. among them, the film industry, which was expecting a big weekend at the box office. rico hizon is following the story. it is hard to imagine where this ends. with the virus is spreading across the world, the impact has been felt all across the industries?

the bbc‘s samira hussain reports from new york on the details of the tie up.ctor launched by gwyneth paltrow more than a decade ago now appear in stores across north america. 0riginally only available online and in stores she has now teamed up with the french multinational team of personal care and beauty stores, but goop products have been controversial. 0n and beauty stores, but goop products have been controversial. on 28 in the company paid a 145,000 of the penalty because of claims that the eggs could be used to maintain health. popular star company is quite valuable. in 2018 it had a reported valuation of $250,000. it is owned by the luxury conglomerate which recently bought the american jewellery com pa ny which recently bought the american jewellery company tiffa ny‘s. up next, newsbriefing, we'll take you through ther stories making headlines in the global news media today including: a chunk of east anglian coastline has crumbled into the sea today, leaving caravans at a holiday park on the brink. the landslip happened in the early hours at trimingham

samira hussain spoke to some us companies that have been affected.soon enough at the sawmill. when china slapped ta riffs the sawmill. when china slapped tariffs on us wood, retaliation against american tariffs on chinese goods, business he had dropped a0%. this plant alone let go of 15 people stop it now only runs one shift per day. 66 employees here. this is their lives, this is our lives. we come to work every day to make a great product to put out there, and if we can't sell our product, we won't be able to make our product. north—west hardwoods, which operates the mill, has had to close operations in several states. the ceo says if the trade war does not end soon, it could be the end of the american timber industry. jobs that are being severely impacted are those rural communities that have been built around these sawmills a decade that will continue to feel the brunt of the impact of a lack of trade with china. it wasn't meant to be like this. donald trump's pitch to the working men and women of states like pennsylvania if he imposed tariffs on

samira hussain has more from new york on one sector that appears to have enjoyed a happy christmas.le engines that could" of the american retail sector. according to the american book—sellers association, independent stores that use its e—commerce platforms saw their online sales in november and december increase by 25% in 2019. the strong holiday season made up for a weaker rest of the year, which had seen sales decline. with amazon continuing to dominate book sales in the us and major chains like barnes & noble struggling to stay in business, independent book—sellers have made a surprising comeback. there are more than 2,500 indie book stores in the us, which is more than 50% more than in 2009. time now for our daily look at some of the newspaper and website stories which have caught our eye. joining me is kirsty bashforth from quayfive ltd. wearing a badge telling us it is your birthday, happy birthday. thank you. you have chosen a story that has been the lead for a significant amount of time because it has made such an impact, the royal couple stepping back from their royal fami

the bbc‘s samira hussain has more.hat pilots should do simulator training before they start flying the 737 max again. now, this is a change from the company's previous position. that pilots only needed computer—based training on the new software but, in the wake of the two crashes that killed 3a6 people and resulted in the grounding of the entire 737 max fleet, there are many questions about the safety of the planes and about the training which have been asked of the plane—maker. now, if regulators deem that additional instruction is in fact recommended, it means that it could take airlines even longer to get their crews ready to fly the 737 max, once the grounding has been lifted. in a statement, boeing said that, in part, this new recommendation takes into account its commitment to review safe return to service. time now for our daily look at some of the newspaper and website stories which have caught our eye. joining me is russ shaw, founder, tech london advocates. good morning, nice to see. travelex. we have mentio

samira hussain has more from new york.acting the coronavirus us investors worry about the impact the deadly illness could have on the global economy. major us indices saw their biggest falls in months. shares in big hotel and casino chains have fallen in the last few days, concerns that because of the coronavirus, people may decide to not travel. also being hurt are mcdonald's restaurants and the coffee chain starbucks, both companies have closed several locations in china, specifically in the province where the virus originated. 0ne company that has managed to make gains in trading over the last few days is clorox, a company best known for bleach and disinfectant wipes. time now for our daily look at some of the newspaper and website stories which have caught our eye. joining us is james innes, founder, james innes group it is what it says on the tin. so good to see you. let's start with the story in the independent, the number ofjobs the story in the independent, the number of jobs disappearing in retail already in 2020.

samira hussain has more from new york.r the us economy a lot. a recent poll shows 36% of americans approve of the president's handling of the economy which is higher than his overall approval rating. stock markets continue to reach record highs, the labour market continues to add jobs and the us economy continues to grow. the federal reserve remains cautiously optimistic on the outlook for the global economy. even the drawn—out trade war between the world's two biggest economies has not had a massive impact on growth. but increasingly, economists are worried that times are changing and the next set of growth numbers which are out on thursdayjust might reflect the slowdown in momentum. time now for our daily look at some of the newspaper and website stories which have caught our eye. joining me is russ shaw, the founder, of tech london advocates. welcome to you. we've been talking about this, the coronavirus, testing the dependence on china. about this, the coronavirus, testing the dependence on chinam about this, the coron

samira hussain has more from new york. in the last two months, boeing's ceo was fired. any new 737 max jets until the grounded plane is able to fly again, and it has further delayed any possibility of the planes getting approval to fly until at least mid year — pending review. in october, boeing said the max plane crisis has cost the company more than $9 billion, and that was months ago. and that was three months ago. so it is unsurprising that one analyst has referred to boeing's upcoming earnings report as a potential bloodbath. not necessarily the best first earnings report for the newly appointed ceo, dave calhoun. with the losses continuing to mount for boeing, airlines are suffering, too — rya nair has just announced that it is warning employees of possible job cuts, and companies that make parts for boeing have also issued similar caution. time now for our daily look at some of the newspaper and website stories which have caught our eye. joining me is karen mattison, co—founder of timewise, a flexible working consultancy. welcome to you, and on the issue of imple

samira hussain has more from new york., the impact should be limited. the economy was already in a recession when richard nixon was impeached and it didn't take a hit when bill clinton was impeached. the lesson — well, political drama doesn't necessarily alter economic fundamentals. now, that doesn't mean financial markets might not react, especially if this process influences how the president acts and how he carries out economic policy. for now, the record stock market suggests investors aren't worried about impeachment, and with good reason. the us economy is humming along. the trade war with china is on hold and wall street is betting the senate won't convict, believing the president will stay in office. time now for our daily look at some of the newspaper and website stories which have caught our eye. joining me is sophie hackford, co—founder of a data and ai company, 1715 labs. a futurist as well. speaking of the future, the guardian, spacex crew capsule escape test a success. watched by crowds. it's interesting how

samira hussain has more.roducts created and launched by gwyneth paltrow more than a decade ago will now appear in stores across north america. 0riginally only available online and in group stores, gwyneth paltrow has teamed up stores, gwyneth paltrow has teamed up with the french multinational chain of personal care and beauty stores, but group products have also been products, the company paid in 2018145,000 on a penalty because of claims that jade and 2018145,000 on a penalty because of claims thatjade and quartz eggs could be used to maintain the channel health but the popular lifestyle com pa ny channel health but the popular lifestyle company is also quite valuable. in 2018 it had a reported valuation of $250,000. it's owned by luxury company will be a match which recently bought the american jewellery com pa ny recently bought the american jewellery company tiffa ny‘s. time now for our daily look at some of the newspaper and website stories which have caught our eye. joining me is miatta fahnbulleh, the

now to the us, where samira hussain has been looking at the growing us appetite for low calorie alcoholan wine consumption has dropped. now, that doesn't mean people are drinking less, they are just opting for different beverages. as people are becoming more health conscious, they are drinking alcoholic drinks that have less calories, like spirits and ready to drink cocktails like hard seltzers. in fact, that particular sector has seen sales spike 50%, making the ready to drink a category worth about $8 billion. making the ready to drink category worth about $8 billion. now, given the preference for lower calorie options, it's not surprising to see that americans are also drinking less beer and they have been for the last four years. but all is not lost for the sector. the sales of craft beers are up more than a% and low or non—alcoholic beer sales have grown by 6.6%. cheers. time now for our daily look at some of the newspaper and website stories which have caught our eye. joining us is stephen welton, founder and ceo of the business growth fund. welcome to you. we are going to start w

samira hussain. where would concern about coronavirus translate to a shift in the markets?venue coming from china. 0r china, or they depend on a lot of revenue coming from china. or even travel companies that are worried about the kind of global effect it is going to have when it comes to travel, that people may be less inclined to go and do any visiting, go to hotels, because theyjust want to be as safe as possible. some companies really being impacted by this, you can look at the athletic company la key, 70% this, you can look at the athletic company lakey, 70% of its revenue comes from mainland china, said that company is under a lot of pressure. and even restaurants are also feeling the heat. if you look at starbucks or mcdonald's, both of those restaurants have closed locations in china, specifically in the province where the virus originated. and those are also killing a lot —— feeling a lot of pressure from investors. but to be clear, this is primarily about investors concerned, rather than any real change that has occurred at this stage? absolutely, we saw something

samira hussain is in new york. earlier speech made by us president donald trump. it really went to sort of calm some of the fears about any more escalation. investors are taking back your heart. you see that reaction when it comes to financial markets. they have really been able to sort of compact the big losses that we had seen overnight as news came out from the middle east in the wee hours. interestingly, if you look at the price of oil you see the price has actually fallen 4%, usually when you see these kinds of tensions in the region is a direct impact on the price of oil. interesting to see the price of oil. interesting to see the price of oil is actually following so significantly stoplight thank you i appreciate you. so significantly stoplight thank you i appreciate you. the world bank says there will only be a slight pick—up in global economic growth this year — thanks in part, to tensions over global trade. andrew walker has been speaking to report author franziska ohn—sorge. recently in the last three mo

samira hussain is in new york. and i guess this is not too much of a surprise. numbers from one of the biggest companies in america it is pretty heart stopping. we are seeing that the company is estimating costs associated with the whole 737 crisis will be upwards of $18 billion, and as he rightly pointed out for the first time in more than 20 years we have seen that bowling is reporting a yearly loss. now, we have heard from the ceo with a newly appointed ceo of boeings who said it's his commitment to the plants back up and running safely as possible and quickly as possible in every intention to returning the company to where it once was. we will speak to where it once was. we will speak to both of them this evening because donald trump has signed off the new agreement with mexico and canada; it replaces the previous nafta agreement that he dismissed as the worst trade deal ever. in truth much of it looks very familiar but there are some key changes, which both sides in congress are supporting. michelle fleury‘s in washington for us. so what has changed? who sa

samira hussain reports from pennsylvania on how it has affected us companies so far.in pennsylvania. where china tariffs on us word, retaliation against chinese goods, business set up a0%. this plant alone let go of 15 people. it now only rents one shift a day. 66 employees here this is their lives, our lives. we come to work every day to make a great product, and if we can't sell our product we won't be able to make our product. northwest hardwoods which operates the mill has had to close operations in several states. the ceo says if they trade war doesn't end soon it could be the end of the american timber industry. jobs that are being severely impacted of those rural communities that have been built around the sawmills for decades. that will continue to feel the brunt of the impact of a lack of trade with china. president trump and president xi has agreed to a truce which should be good news for companies like northwest hardwood. but executives and workers across america may be left wondering at the end of the trade war, was it worth fighting it in the first place?

here's samira hussain. sorry, carry on. iwas sorry, carry on.the united states have entered into a bit of a two week reprieve. so what's happening is the two sides will try and negotiate, because when france initiated this 396 because when france initiated this 3% tax on some of these digital companies, the united states said it would just tax everything that is coming in from france into the united states. and donald trump even suggested there could be a tax of 100% on some of these goods. so this retaliatory action by the united states is certainly not something that the two sides want, so now they are going to try and come to some sort of agreement about this. just a sort of agreement about this. just a sort stop in new york today, thank you for your help there. venezuela's opposition leader, juan guaido, has been sworn—in as speaker — but to get to his post he needed to break into the national assembly building. take a look at these pictures. the national armed forces initially blocked him from entering parliament, but mr guaido and another

samira hussain is at the new york stock exchange. to occur through the figures.that they did over the holiday period. one retailer, target, said that actually they missed their holiday sales targets. 0ther missed their holiday sales targets. other us retailer said something similarsoa lot other us retailer said something similar so a lot of economies were starting to worry that perhaps we are seeing a broader slowdown in terms of spending when it came to consumers. but this recent data from the us government suggest otherwise. that said, if you look back to december of last year and you see what retail sales were, it was up 5.8%, so yes, we have seen an increase by 0.3% but it is not the blockbuster numbers we have seen in yea rs before. blockbuster numbers we have seen in years before. i suppose that is the crucial question. that if it has been such a torrid year for retailers, they really needed that crucial christmas period to bring in the box. they absolutely did and so there is as some analysts are suggesting that look, it could have been that some of these

samira hussain is at new york stock exchange.yone who is looking to do something nefarious with this information, if you collect that and combine it with information available elsewhere you can really get a pretty clear online digital picture of what people are doing on the internet. these particular devices what you want publicity during the holiday period, people sharing videos of packages being delivered and these packages being stolen by people are trying to take them so a lot of people that use them so a lot of people that use them and have found them useful but it is clear that there are privacy concerns. is that any suggestion this was in the terms and conditions? we are all guilty of not scrolling through pages of information, we do not know what we are signing up for but was this done by the back door on had been upfront about it? it has not been any comment from amazon about this that would suggest they should not be doing this with our personal information. in addition to this study by this nonprofit b also saw there w

samira hussain is in new york for us. thank you for being with us.eing is trying to change, one has always been a communication and just how the company has been communicating with shareholders, regulators and even the general public. to that end we see calhoun has sent an e—mail to employees outlining his priorities and one of the first is to get the max back up and running. but that second priority he listed was to rebuild trust because in the wake of this crisis we have seen a boeing, a giant in the plane making business, has lost the trust of shareholders, other airlines and of regulators and of course the flying public. other airlines and of regulators and of course the flying publicm other airlines and of regulators and of course the flying public. it is where we talk about a business story with such a high human cost, there was 3a6 lives lost those two crashes back from a financial perspective, the longer this ground continues, the longer this ground continues, the higher the financial cost to boeing. absolutely. there is the financial cost of