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Transcripts For BBCNEWS Business 20240703

To texas. Joining me now is erin delmore, our north America Business correspondent. We should stress that he is not talking about whether shareholders support the move and the paid package, but actually whether she can get a request It Percentage of shareholders to a ballot. What is that about . Shareholders to a ballot. What is that about . ,. ,. , that about . You are right. There are two issues here, that about . You are right. There are two issues here, getting that about . You are right. There are two issues here, getting people that about . You are right. There are two issues here, getting people to l two issues here, getting people to vote, and getting people to vote at all. Shareholders approve this pay deal back in 2018. It was losing money back then. Now the company has a market value of nearly 570 billion dollars. Their argument is that they set these lofty targets that the company tied to mask s pay. They say he deserves the pay but a judge in delaware said that the process

Transcripts For BBCNEWS Business 20240703

Trading, writing have an encouraging Inflation Report that said all three major indexes to record closes on wednesday. 0ther Indexes to record closes on wednesday. Other good vibes on wall street making their way to main street . In a way, yes, many people are exposed to the stock market through their Retirement Fund so Stock Market Gains like the ones we have seen this week will get real money for real people. Consumers are not feeling so rosy. A survey last week so they are significantly more worried about the Economic Outlook than they were last month. Those feelings ari burnu for some retailers like walmart which reported Quarterly Earnings that Beat Estimates on those the morning. Shoppers have been flocking to the Discount Retailer as inflation has taken a bite out of household budgets. Four shares in a record close on thursday. Now much of their gains are coming from high income at shoppers who are making up a greater portion of the company business. They are still spending on b

Transcripts For BBCNEWS Business 20240703

Baseball caps tdow passed the threshold riding high from encouraging inflation reports that sent indexes to record closes. Are the good vibes making their way to main street . In a way, yes. Many people are exposed to the stock market through their retirement funds. Stock market gains like the ones we have seen this week, get real money for real people. Consumers are not feeling row a survey out showed that they are forried about the Economic Outlook than last month. Those feels are a boon for retailers like walmart that Beat Estimates in quarterly revenue. Shoppers are flocking as inflation takes a bite out of budgets. Shares hit a record close thursday. Now much of their gains are coming from high income shoppers, making up a greater portion of the companys business. Theyre still spending on big tickets like electronics, but low income shoppers are feeling more of the strain. Thats especially amid elevated housing and gas costs. How they feel about the economy is sure to be a central

Transcripts For BBCNEWS Business 20240703

Inflation report thats in all three major indexes to record closes on wednesday. Riding high. What are the good vibes making their way to main street . In a way, yes many people are exposed to the stock market through their retirement funds, so Stock Market Gains like the ones weve been seeing this week beget real money for real people. But consumers arent feeling so rosy a survey out last week show there are significantly more worried about the Economic Outlook than they were even last month. Those feelings are a boon for some retailers, like walmart, which reported Quarterly Earnings that beat estimates. Shoppers have been flocking to the Discount Retailer as inflation has been taking a bite out of budgets. Now much of what marks gains are coming from high income shoppers who are making up a greater portion of the companys business. They are still spending on big ticket items Like Electronics but low income shoppers are feeling more of the strain, especially amid elevated housing and

Transcripts For BBCNEWS BBC 20240703

the capital is preparing for the most high profile event to be held in india in years. security is tight, and the budget for hosting is reported to be more than $100 million. the two day event will be attended by several world leaders, including us presidentjoe biden seen here boarding his plane earlier thursday. india s moment on the global stage. to the world, it s promoting itself as a leader. at home, it made the 620 part of daily discourse. let us remind ourselves that this grouping bears an exceptional responsibility. ..holding 200 meetings in 60 different cities. sustainable development goals. ..making the 620 matter. 620 means a lot to me as an indian and it is the biggest achievement i feel for the government. it feels like we are the ones hosting it. that sense of collectiveness is what india is about. and, yes, i m very excited for it. new convention centre, new statues, 620 billboards everywhere. delhi has been getting a makeover worthy of bollywood stars, prese

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