Cracks in the Glass Ceiling become well get an experts new and grand traditional eateries move out of expensive neighborhoods there is an opening for a new trend ghost restaurants we check them out for. Im chris colfer welcome to the program we start the show with exxon mobil the company is in court later day today in new york for financial fraud the states attorney general has accused the oil and gas giant of misleading investors about the costs of climate regulation to its business the lawsuit argues that exxon systematically minimize risks associated with Climate Change when evaluating new projects analysts say that if the company had been transparent about the Financial Impact of Government Action to limit Global Warming investors would have forced exxon to invest less in fossil fuels. Now in another closely watched legal fight a last minute agreement could set a pricey precedent shortly before the start of the biggest ever court battle in the own growing us Opioid Crisis the parties decided to settle the case now to suing counties in ohio will receive 260000000. 00 from pharmaceutical companies however thousands of similar cases are still ok. These flags bear witness to an american tragedy they represent the 400000 people who have died of an opioid overdose over the past 2 decades. Contend the drug makers doctors pharmacies and wholesalers all frivolously feel the excessive prescription and consumption of opioids while at the same time flagrantly ignoring the risks of addiction a total of 2600. 00 lawsuits are pending throughout the u. S. Cities counties and states are suing for massive damages they say they need to cope with the epidemic the final bill could come to more than 450000000000. 00 the hearing was considered an important test case only 2 counties were prosecuting israeli drug maker teva and u. S. Distributors Mckesson Ameri source and Cardinal Health but any ruling was expected to set the benchmark for trials across the country an attorney for the 2 counties explains why they settled at the last minute instead of going to trial that was the problem with the National Settlement that was proposed they were talking billions of dollars. Trickles down even up start up money to help any any one county start its program and thats why we could recommend to the county that that was a good deal for the county or anyone else but we had to stand alone and say no to the National Settlement. The full companies will no pay a total of 260000000. 00 to the plaintiffs its money they urgently need for preventative measures and Health Education but a National Solution to the Opioid Epidemic the pews distant. Lets get more on this with chills leave the lady or financial correspondent friend for chelsea what does this settlement mean for all the other pending cases attorneys are saying that this does sort of get us a step closer to a global settlement for these companies the Drug Companies involved here really did not want to go to trial if they had it could have given a playbook 2262600 other plaintive so what theyre saying now is that the shift the focus back to a global settlement we had the state attorney generals who are pursuing this settlement come out yesterday and sort of outline the framework theyre saying that this could be worth about 48000000000. 00 based on the settlement that the Companies Reached yesterday the Sticking Point is really going to be with between the states and the municipalities that you know miss you that the municipalities had come out and said they they wanted more money and they wanted it over a shorter time but it does appear that the plaintiffs and the states and municipalities are coming closer on agreements and so see how will this impact these pharmaceutical giants there are so entanglements in this crisis. Well 40000000000. 00 is certainly a lot of money to be paying at the same time a lot of the Companies Involved here especially the drug Distributors Companies like Cardinal Health mckesson are some of the Largest Companies in the u. S. They made about 500000000000. 00 in revenue last year and were talking about a settlement of 50000000000. 00 so its definitely not detrimental to their businesses but there are a lot of smaller Companies Involved here that could be certainly pressured weve already seen the bankruptcy of produce pharma which is one of the Companies Involved so theres really 2 classes of Companies Involved here that could be impacted josue let me thank you. And now to some of the other business stories were following for you at this hour prosecutors in germany have launched a corruption probe into health care jon corzine is a company which specializes in dialysis products is accused of driving doctors and Hospital Executives and 17 Different Countries the chargers related to the establishment of Treatment Centers and the purchase of medical devices chinas foreign minister says he is confident of an investment deal being cleansed with the European Union calling the e. U. And china each others biggest economic and commercial hartness he also warned that the e. U. Would lose out to other countries already in china if it delayed trade talks. Are women finally breaking through the Glass Ceiling in business well following criticism europes Online Fashion giants the londo has set a goal for women to hold of these 40 percent of top management jobs by the end of 2023 in germany there are 30 percent quotas for supervisory boards but none for executive orders but look at the top flight of economics here Christine Legarde shes due to become the 1st female president of the European Central bank on november 1st replacing mario draghi and she head of the International Monetary fund before gary and economist grace that nina. Is replacing her there as managing director last week esther to float shared the nobel prize for economics for research on fighting poverty shes the 2nd woman to win the prize in the 50 years of its existence and earlier this month Jennifer Morgan became the 1st female head of a german Blue Chip Company she is co c. E. O. Of software behemoth and the countrys most valuable company s a p now to get an experts view on these developments im joined by claudia goals and they go she is the managing director of the association of Women Entrepreneurs here in germany claudia so good to. Have you here in the studio now what are we looking at here coincidence or is it really a breakthrough of a new culture of diversity i wouldnt say so there might be some cracks in the ground Glass Ceiling but actually we observe that this is a snails pace so it rather shows i say that there is. A high awareness of the public whenever women bias to power and so we talk about gender lens and this gender lens is good on the one hand side because we have we are observing the statistics and we show women biasing to power but whenever it comes to their deaths and there is the critics that its because they are women so i think we come to normal whenever device to power is as normal then as their consent is so we should talk about more female leadership for such a long time the times of not been changing not really id say at least not in germany they are in the International Comparison we have like in the u. S. There are so many more women on boards for example there is 90 percent of the companies in the u. S. They have 30 percent women on board but in germany will only have 0 percent so were talking about 2 women on board in the u. S. They are theres a High Percentage for executives boards are now in the executive ports and in germany there are only 17 percent so there is in the National Comparison there are big gaps now 4 years ago germany introduced this gender quota for supervisory boards this year the percentage of women in these committees rose to over 30 percent for the 1st time and. Getting from what youre telling me you think that a quota needs to be there for executive boards as well. This fix quota of of course is a success and we are waiting for the flexible quote us to be fulfilled there should be more women on the executive board its but you were talking to someone from business so were not really pledging for a fix for this on executive ports in germany why is that. Because the companies of course they should set their own targets and we need pressure we need public pressure and its good talking about statistics and showing that there they are not enough women so far but they need other things to be done in the political framework for example we need more infrastructure for care we need more incentives for fathers staying home with their children so i think the taxation also should be changed in germany. Cloud eagles and they are managing director of the association of Women Entrepreneurs thank you for results this morning thanks to. Now as real estate prices rise in cities around the world Small Businesses are often driven out including restaurants the phenomenon goes hand in hand with another one the growing trend of having your food delivered the logical consequence is the concept of urban kitchens just for delivery and theyre already attracting big investors. The chicken sizzling on the grill the salads and wraps here would be good since she coddle are delicious and popular dont plan on coming in though there is no end there is just out all dishes leave the kitchen in brown paper bags. As real estate prices go up and rents go up in prime locations here in Downtown Chicago theres restaurants that are looking to have their footprint here in the city that just cant afford to do traditional brick and mortar. Store dash and grew up have changed the way people dine google has invested 10000000. 00 in kitchen united a Market Leader in socalled ghost restaurants the Company Plans to open 40 locations next year the idea giving restaurants a virtual footprint without the exorbitant costs associated with traditional eateries the concept banks entirely on the Delivery Market which is expected to grow to 76000000000. 00 over the next 3 years many existing places embrace the idea and bring back your approach because they were 1st one to sort of test out these are a. Kind of built off out. Top round roast beef customers still enjoy roast beef on site but other cuisines ranging from chicken dinners to specialty ice cream other livery only. Wherever you get your food from enjoy it thats a show i. Watch. The be. That. Hello there and welcome to arts and culture well hes perhaps the most famous dutch artist of all rembrandt a master of light and shadow and an innovator of the famous dutch golden age of painting and the 300 and 58th anniversary of his death the Rights Museum in amsterdam has a special exhibition on and more on that after we take a quick look at what else is coming up. In our series 100 german must bankss novel the swimmer is a gripping family drama set against the turbulence of 950 s. Hungary. And lucy landed or is not the type to keep quiet the multi percussionist she finds sound wherever she goes and meet up with her. In geneva switzerland. For its rembrandt year 2900 the Rights Museum in amsterdam has opened a landmark exhibition juxtaposing the 17th century dutch master with one of his spanish contemporaries diego. All their 2 countries spend 80 years at war back in those days as the protestant dutch republic battled for independence from catholic spain and it was a conflict that colored the lives and the work of both painters and their respective traditions