will be lost the new synergies should save the company's six hundred million euros a year the steelworkers union called for a protest demonstration european steel makers have been under pressure for years from china and the cheap steel it produces for the world market. earlier we spoke to just include chief financial officer guido kirchhoff and asked him about the close about the close to four thousand job cuts that this merger would bring i think this number giving more than forty five thousand employees that we have in these assets current b. and that we want to realize it over a timeframe of the first year is clearly indicates that there will be redundancies but the that the volume of the redundancies is a lot less than many people expected and on top of that one clearly has to say if both parties continue standalone i think the redundancies to cope with the challenges of our industry would be higher. in beautifully a soccer action shocker off to a roaring start to the season under new coach dominik code tedesco winning three out of four games but tuesday brought their sternest tests yet by a

corp and tata the new synergies should save the company six hundred million euros per year the steelworkers union already called for a protest demonstration european steel makers have been under pressure for years from china the cheap steel it produces for the world market. and for more on that a mega merger in the steel industry i am joined now by the chief financial officer of his group good to cacophony he joins us from the quarters in s. and good to have you with us so what are we to make of this a merger does it mean that to some cope is now turning its back on the steel industry. no that is clearly not the case i mean take a look at the history of to some crow as the name already present trouble as a result of mergers coming from the past and it was crop it was first it was wrong to stall and we've seen over the past that mergers happened to address all the issues of over capacities in the steel industry in the past this now for us is the next step of a merger addressing the issue of overcapacity is the stable to a bit weaker demand in europe so we think together with total who is more or l

the united steelworkers union says more than 200 of its members are losing their jobs in conshohockenufactures products used by the military like mine resistant vehicles. frontier airlines will add new service out of philadelphia international airport. flights to jacksonville, charleston, memphis, omaha and madison begin next spring. on what you mean street the dow took a bit of a dip, the nasdaq and the s & p were both in the green. u.s. stock futures are all pointing up in premarket trading. >>> maybe 140 characters just isn't enough. twitter is now testing a 280 character limit for tweets, double the usual number. the tiny test group includes tweeters in english spanish and portuguese. twitter has not said whether the feature will be expanded to all users. >> i wish they would go the other way. i think we all have received tweets that we just think the less said the better. >> it's like a telegram and it should be short so i agree. >> yes. it is 4:53. celebrities spotted in philadelphia. coming up later in the morning buzz, why some a-list stars are in our area. >> a police officer

will be lost the new synergies should save the company six hundred million euros a year the steelworkers union already called for a protest a demonstration european steel market makers have been under pressure for years from china and the cheap steel it produces for the welt market. and for more on that a mega merger in the steel industry i am joined now by the chief financial officer of to get a cacophony he joins us from the quarters in s. and good to have you with us so what are we to make of this does it mean that to some cope is now turning its back on the steel industry. no that is clearly not the case i mean take a look at the history of to some crow as the name already present trouble as a result of mergers coming from the past and it was crop it was first it was running style and we've seen over the past that mergers happened to address all the issues of over capacities in the steel industry in the past this is now for us is the next step of a merger addressing the issue of overcapacity is the stable tobit we could amanda in europe so we think together with tata who is more or less th

trade deal with south korea recently i sat down with leo gerard president of the international steelworkers union mr gerard says the real trade war is happening now with china and south korea. mr girard it's good to have you with us lots of things you bet lots of things happening in the steel industry right at the heart of america well right now the steel industries in a in a very challenging position. post the election when the president and the in fact the republican party were talking a lot about job creation and and moving the economy forward president signed the executive order on investigation on steel we all knew that the steel industry was getting flooded with unfairly traded steel from countries like china south korea india vietnam indonesia just to name a few and we were very confident that that investigation under section two thirty two of the trade act of one nine hundred sixty four would result in saying that steel is an important commodity for the american secure america national security and here is the remedy we've been waiting for that and there's a lot of anxious people that wor

s should save the company six hundred million euros per year the steelworkers union called for a protestdemonstration european steel makers have been under pressure for years from china and the cheap steel it produces for the world market. and we hope to be able to speak to to some clips e f o in an hour from now so do stay tuned for that meanwhile the u.k. is preparing to offer twenty billion euros to wards its brakes its divorce bill that's according to a report in the financial times london has not yet confirmed that report prime minister to resign may is expected to make the announcement on friday in florence the e.u. says the u.k. owes up to one hundred billion euros as part of the brics a process the issue is a major source of friction between the two sides. and as soon as the european stock markets open we'll go live to our financial markets correspondent for him to fill us in on some reactions now only days after canceling more than two thousand flights over staffing issues ryan air has offered pilots a bonus of up to twelve thousand euros if they agree to work an additional ten

ree announcing the formal alliance-- i'll use their words--ththe forl aalliance betweeeen the steelworkers union of the united statates, which-h--i don'tt know many members it has, but in the hundreds of thousands, big union--with mondragon, the corporate--that huge, successful worker's self-directed enterprise in spain. and i remember many of us were taken aback. "what an interesting idea. an alliance." what did it mean? well, the details were hard to come by. it seems asas though there was discussion, obviously, between them. they issued a joint press release anand had a press conference. but it's hard to tell, so i'm now going to imagine where this might go. i'm not saying that's where they're taking it. i don't know exactly where they're going to take it, or even whether they're going to take it somewhere, but here's what i would do. imagine a trade union movement with a completely different strategic idea from what it has typically been. unions h have typically been organizations who make it possible for workers, instead of bargaining individually with the employer, , to get particucular co

more than 8,000 people in the uk, and any deal will include britain's biggest steelworks at port talbot in south wales. unions calling for both companies to safeguard those jobs when they go ahead with their planned merger. last night mark sampson led the england women's team to a 6—0 victory over russia. tonight he's been fired as manager by the football association. in a statement the fa said his departure is connected to inappropriate behaviour during a previousjob in bristol. more recentl, as we have reported, he's been the subject of allegations of racism and bullying. mr sampson has denied those allegations. here's our sports correspondent katie gornall, who broke today's story. 0n the pitch it all seemed to be going well for mark sampson. last night his england team won their world cup qualifier 6—0 and made a very public show of support. commentator: it is the togetherness ofa group, commentator: it is the togetherness of a group, and commentator: it is the togetherness ofa group, and he is commentator: it is the togetherness of a group, and he is visibly moved by it. but behind—the—scenes mark sampso

unions in the u.k. already afraid of how it could impact the port talbot steelworks which is operated by talk of steel now they announced last year in two thousand and sixteen even before said that they were going to pull out all of their british assets and close their plants but they're afraid that this deal actually does go through with that it could actually fasten that up and those jobs would disappear faster than expected but the key word there is if because right now they're only in the pollution area stages both sides still have to go through every detail ironed out to make sure that they like it but then they also need to get european regulatory approval and we know now it takes a long time a very long time so you know they want to get it up and moving about twenty team but it could take longer than that and not only that it must be worried that. if this deal goes through faster than expected how are they going to convert those workers into something else they're already having trouble with problems and getting their workers trained up enough in those industries right yeah and i mean another thing

but are the unions picking up outside of -- the steelworkers or the ironworkers, the building trades, trying to use this material -- or using the story of the triangle and do you see it being used in feminist studies classes, feminist history, women's history in, you know, outside of the labor cornell murphy center kinds of places. do you see it? and is that something that you're working on? >> i can -- i'm sure other people could contribute. just so far as the first part of your question, this past july i was invited -- well, twice actually. san francisco does labor fest every summer where the whole city is alive. i think it niece the month of july. with events related to labor, activism, history, et cetera. two times i've been invited out there. once to talk about the memorial project and the centennial as it was coming up and then last summer to give a talk about triangle in the context of workplace safety today. and then also to help fill in the gaps in a labor history walking tour -- no, i'm sorry. a history walking tour that emphasized particularly italians in san francisco. so

unions in the same ways, but you will see that. it is not just united mine workers, but united steelworkers that support these kinds of things.se? yes, jeff? >> where they had all the demands, 50% wage increase, or -- were they ever recognized? prof. montoya: i would suggest eventually. one of the questions i was asked, in the ludlow commission we had a panel discussion at the colorado historical society. it was myself, the director of the united mine workers, a guy that wrote the book which is considered the book on the ludlow massacre, and a national guard historian. so one thing we were asked, what -- why does it matter, or do they win or not and by all purposes, you would say no, you have this whole group of people that died their demands are not , met. it was interesting because the regional director said, how many hours a day do you work? right? and do you get paid in cash? so if you look at the long perspective, yeah they win. they win because it is the idea that people should be paid for their labor. people should have a say for what is safe or unsafe. in that moment, i think it was terribly -- women and children were

steelworker, they can invest in a new steel factory. if you are a truck driver, you can buy a new truck. we care about main street jobs,i manufacturing jobs. unionobs. blue-collar jobs paid immediate expensing unleashes incredible growth. that is a very big part of tax cuts and tax reforms that we are pushing forward. >> sean: senator, you mention, you still think the window is open on health care. one of the proposals, as a conservative, like the idea of sending stuff back to the states. the lindsey graham has a proposal. i talked to dave and mark meadows, they support it, but they say the devil is in the details part of something that couldou work, is that the alternative? maybe you get it done by the 30th, use it in reconciliation? >> i30 think that lindsey grahas proposal could be part of the solution. i'm a big believer in federalism sending things to the states. that is something, if his proposal brings a few moderates on board, great. but different states have different approaches. let john kasich have one approach, let a conservative like greg abbott have aap different approach. that's why we have 50 states. i think that we are close on

unions in the u.k. already afraid of how could impact the port talbot steelworks which is operated by talk of steel nowthey announced last year in twenty sixteen even before practice at that they were going to pull out all of their british assets and their plants but they were afraid that this deal actually does go through with that it could actually you know thousand that up and those jobs would disappear faster than i expected but the keyword there is if because right now they're only in the pool in eerie stages both sides still have to go through every detail ironed out to make sure that they like it but then they also need to get european regulatory approval and we know now it takes a long time a very long time so you know they want to get it up and moving by twenty eight thousand but it could take longer than that and not only that it must be worried that. if this deal goes through faster than expected how are they going to convert those workers into something else they're already having trouble with that problems and getting their workers trained up enough in those industries right and i mean ano