this could have reputational damage on samsung electronics products. innovative phone, you are turning a screen through 180 degrees. you have to be able to touch the screen, have all the softwa re touch the screen, have all the software that runs within it, it was a bold experiment and it may still be an experiment but there is a lot of competition around the space. lawyers for an embattled former chairman of nissan, carlos ghosn has been hit with another charge. rupert hayes has the latestas expected, mr ghosn has been charged with a fourth child, this time of aggravated breach of trust, and also as expected his legal team. as for these latest charges, the specifics are that mr ghosn ordered a subsidiary in the uae to pay millions of dollars to an armani business associate of mr ghosn. at the moment these allegations, we haven't seen any evidence from prosecutors, and it won't be presented until he appears in court. but lawyers here in tokyo are saying that compared to the other three charges, this one looks much more serious. let's have a quick look

most popular videos with almost one hundred forty thousand views it's called why did i quit samsung electronics it's a good question samsung is consistently voted the most desirable place to work for south korean graduates with its generous salaries and many perks but unit says the unsociable hours and narrow promotion opportunities meant it wasn't enough to keep him from what he wanted to do we want to network with her and all morning my mom's friends mostly asked if i'd gone crazy. quick or i don't they had a hard time understanding why i would quit such a stable job the most others are dying to get. your. story is becoming a familiar one despite youth unemployment being at a near record high young south koreans are increasingly leaving their white collar jobs to seek fame on the internet and you tube training schools like this one helping them do just that it aims to teach the students how to rack up the views and make the most money they can can. see they're not greedy for money i just need a livable salary on the point is i just want to do what i want to do we don't. all know. but for the

at this point, samsung electronics has not said where the almost $2000 device will go on sale —— whenext couple of weeks. it was supposed to be announced in asia and the united states later this week. great team out there, thank you. the big winners are energy stocks worldwide, the price of oil is surging. in a moment we'll talk about oil prices some markets have been closed for a break over the easter weekend, friday and monday, this is how they are all trading at the moment, one trader in london told us at the bbc, eve ryo ne trader in london told us at the bbc, everyone is a bit lacklustre at the moment, taking them time to get back into the swing of things following a lovely weekend with gorgeous sunshine, it does impact us all. let's talk about the price of oil and why it is at a six—month high, the us, the trump administration, has announced that from may one, all waivers when it comes to those who buy oilfrom waivers when it comes to those who buy oil from iran will actually come to an end. companies likejapan, china and others who by their energy from iran. international sanct

samsung electronics, 10% miss on profit. not a great deal of surprise which is probably why we are seeing a move to the upside in samsung electronics and line with the broader rally we are seeing globally in the u.s. and japan with semiconductors and expectations that perhaps out of the second quarter we will see a resumption in global demand. let us take a look at one of the biggest decliners in the u.s. session and one stock that nasdaq down further. regulators say that a tweet from elon musk violated an earlier settlement. a day in court came with tesla shares thinking. let -- tanking. let us start out with a court hearing in new york. highly anticipated. is this considered a win for elon musk or a failure? >> he was happy about it. he emerged from the courtroom grinning and welcoming the decision. the judge basically rolled along the lines of the argument that the lawyers of elon musk was making. ought to be able to work this out. to reachhave two weeks an agreement on what more be goingrules will forward. this has been

samsung electronics says it expects its biggest drop in profits for more than two years.rtphone sales and lower prices for memory chips are to blame. the south korean firm expects to make $5.5 billion in the first three months of this year. the chairman of one of sweden's biggest banks has resigned with immediate effect. he is leaving after a week after the boss was fired after handling money—laundering scandal is linked to da ns ke money—laundering scandal is linked to danske bank. last week's fed bank was raided over allegations of insider trading. the gender pay gap that britain's biggest companies has widened in the past year in favour of men, at 115% of the uk's biggest employers. firms with more than 250 staff had until midnight to submit information about the difference between what they paid male and female staff. 78% of companies had a pay gap female staff. 78% of companies had a paygap in female staff. 78% of companies had a pay gap in favour of men overall. the boss of the plane maker boeing has acknowledged for the first time that an anti—stall system activate

>> as you know, south korea is a country that is home to samsung electronics, which is the biggest smartphonethe world. this is a great selling point for samsung, and also it means samsung will have one more thing to promote itself with when it wants to have a bigger slice of the mobile gear market, which is basically dominated by huawei, and there are concerns about with security issues and samsung is certainly benefiting from that. with the 5g rollout, nationally, samsung will have bragging about its potential as a mobile gear provider. numbersng releasing later today. they already had a profit warning. >> it's really a matter of how bad it is going to be. inheard from samsung already an unusual statement, that it will not be as good as estimated. analysts surveyed basically half profit year-over-year. is it going to be worse than that? that would mean the downturn in the industry is basically being extended. it worries investors because it is a good indication of how the global economy is doing. if the earnings are bad, it is pretty bad news for the entire economy. >> thank you so much for

is quite rare for samsung electronics.of putting more confidence into this industry that they are devoted to the chip sector, $116 billion. they are saying they are going to create 15,000 jobs in research and production facilities, not just memory chips, bowing into logic chips. caroline: -- going into logic chips. caroline: who does this affect? shery: companies like qualcomm and intel, but people say it will take a long time, but perhaps in the short time, also against qualcomm and mobile processors and also taiwan semiconductors themselves, to other companies, and it is not just internally used for samsung. chipse: talking about the today, but i am still interested in this phone. are they coming out with this thing? shery: they have delayed the launch. it was supposed to be april 26. we have all seen those pictures of the screen completely going bust when you take off that little, affordable protection on top of it, so, yes, it was quite a fiasco. caroline: a fiasco, a difficult week. they, perhaps, tried to lift themse

and, samsung electronics down the most in seven weeks, due to problems with the foldable screens.l looking to launch next week. as you can see, there is a drag. and the kospi is down 3%. airways is jet simply quite shocking. david, thanks for the roundup in hong kong with your markets. a little more information, the fed survey shows u.s. economy grew at a slight moderate pace in march, and that was versus earlier in the month. that is similar to the previous report. most districts saw stronger home sales and manufacturing conditions were also seen as favorable despite the trade uncertainty. u.s. stocks fell to a one-week low. the latest batch of corporate earnings did little to boost confidence in the economy. speaking of stocks, from guggenheim, maynard says there are better alternatives to the u.s.. >> one of the places i think is very under owned is the emerging markets. if you are going to have equity exposure i think emerging markets is an interesting place to have some of your exposure rather than in the large-cap u.s. markets. manus: there you go. a little bit more em versu

nine as global financial crisis and it's mainly because exports are down samsung is also weakening a few weeks ago the electronics corp cut its earnings forecast for the first time in two decades analysts expect the firm's pretax profits to haave in the first quarter. at the same time the jobs market is on a downward slide unemployment is at its highest in the new years critics say president ins economic policy of income led growth featuring increases in the minimum wage is hurting those it's intended to help by raising employment costs many small businesses complain the minimum wage of about six euros sixty an hour is too high but the biggest problem facing the electronics companies is not the labor costs rather falling prices for computer chips to do over supply according to analysts production will be dialed back in the second half of the year so that companies like samsung and s.k. hynix can again move into profit. and that fit from me and the business team here in berlin for more business news and features check out the w dot com slash business for follow us on facebook and on twitter we'll leave you now wit

samsung and lg? you caught up with lg's president at the consumer electronics show in las vegas. e of the tariffs, we have to build in the u.s. in fact, samsung and lg are looking to boost u.s. production, hiring around 1600, whirlpool looking to add 200 more staff. but whirlpool, yes, it had a great year so far this year but are still 16% below their 52-week high that was just last year. it remains to be seen whether or not we will see better profit, better earnings, especially when you pay more in aluminum and steel. back to you. liz: again, be careful what you wish for. the unintended consequences. we'll see what happens. susan, thank you very much. susan li. >>> we now have the closing bell about nine minutes away. it's a sword fight between tariffs and home sales, but our "countdown" closer has one company he says will come out the victor. we are coming right back. don't go away. -driverless cars... -all ground personnel... ...or trips to mars. $4.95. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trad

the samsung's s 10 looks very nice you see my five and connectivity but it shows they're on the cutting edge electronically. they're first. they're talking industrialized and nennergy rollouts first. that's where you'll see the real 5g up front. >>> the list keeps rolling uber and pinterest coming down the pipeline with the news that slack will opt for a direct listing later this year as well. larry poa and managing director eric poa and mike isaac. i've got to get your take on what you thought of the lyft rollout. >> i thought it was a great ipo, and despite the dip earlier this week, the stock is trading sharply higher and it kind of reminds me of all the skepticism remember the unicorns that came out that were a million dollars or more? a lot of these companies that you mentioned, they're valued at 15, 20, $25 billion. >> why do you think it was a good idea? i'm sure there are a lot of retailers who are feeling pretty burned today. >> look. there's a tremendous appetite for growth stocks and all of the companies again that are in the pipeline have tremendous growth, and so the investors are overlooking

electronic arts on the downside almost 3% down. there is a report that a secure flaw exposed gamers to hackers. down goes the stock. not much but it is down. >>> samsung goes on sale this month. price is nearly $2,000 a pop. we have one live on the set. we have tom's guide editor-in-chief. consumer report for tech products right? >> yeah. stuart: show me the foldable phone. >> this is the galaxy fold. it is world's first phone that goes from phone sized display to a tablet. this is 4.6-inch display. i open this, you get a 7.3-inch display. this is like having a tablet and phone in one. this took about eight years of development work on samsung's part where they showed it off back in 2011. it is really here. we're kicking the tires to see if it is works the money. stuart: is it real technical innovation. is it that big of a deal? >> i think it is, in the sense, good point. not just gimmicky, it is more what you can do with it. let me show you a couple things. for example you can run three applications on screen. when it comes to multitasking this is really great. i want to look at a restaurant, i want to slide in from the right, look it up on google ma