First, all the Business News with rico hizon in singapore and Asia Business report. We look at what companies in America And Asia want from the us fed s intradays meeting. Todays. Im glad you could join us. I am rico hizon. It is less than 2a hours before we find out if the Us Central Bank will raise Interest Rates for a second time this year. Analysts widely expect the fed to increase the cost of borrowing. It has fallen toa16 the cost of borrowing. It has fallen to a 16 year low and Economic Growth appears to have picked up, with inflation so low, wieters The Fed Stand ready to act again . Michelle fleurieu has more from new york. Fleury. This factory is growing at a dizzying pace. We have been grown for the last 18 months between 15 and 18 . This woman Left University to set up this start up, hoping to revive an industry many left for dead. Here, they sell close not to customers but directed to businesses, who demand a fast turnaround. The firm now employs 65 people, and has set up
ranging from 16 cents to a 1.61. and they are turning to new tricks to get customers to buy new phones more often. lance is editor and chief of nashville.com. a i think with cellphone bills many of them don t look at them. if they got them auto paid. they are not seeing the stuff. they are not hidden fees. these are fees that clearly printed. when i spoke to at&t about this, they said, look, we told people in april this fee was coming and it was implemented in may. again, people don t notice the extra slip that comes inside their phone bill. they miss it. they do range. one is charging 60 cents. verizon has 90 cents. both administrative fees, basically what they are saying its pass along thing. this is stuff for