Costs, according to the centers for disease control. But this year is expected to be far worse. That figure does not include the cost of lost worker productivity. Reporter to make matters worse, many employees are reluctant to call in sick, for fear of losing their jobs. So they continue going to work, delaying their recovery and infecting others. Some businesses have so many sick workers. Theyre severely understaffed and are scrambling for backup plans. Its a perfect storm. Companies are already quite lean in terms of their abilities to duplicate work if somebody is out. And this years flu season isc three times what the normal levels are for flu. Reporter doctors also have some recommendations forc companies trying minimize the impact of the flu on theirc workforce. If your employee is sick, they should stay home. You should recommend that your employees get the influenza vaccine, if they havent done so already. Reporter and thats advice i personally took to heart today. Erika mil
Costs, according to the centers for disease control. But this year is expected to be far worse. That figure does not include the cost of lost worker productivity. Reporter to make matters worse, many employees are reluctant to call in sick, for fear of losing their jobs. So they continue going to work, delaying their recovery and infecting others. Some businesses have so many sick workers. Theyre severely understaffed and are scrambling for backup plans. Its a perfect storm. Companies are already quite lean in terms of their abilities to duplicate work if somebody is out. And this years flu season isc three times what the normal levels are for flu. Reporter doctors also have some recommendations forc companies trying minimize the impact of the flu on theirc workforce. If your employee is sick, they should stay home. You should recommend that your employees get the influenza vaccine, if they havent done so already. Reporter and thats advice i personally took to heart today. Erika mil
Suggestions of a hard landing. Shares saw the uk Engineering Group receive a bid from Frances Schneider electric. The big u. S. Banks get set to kick off earnings today with jpmorgan and wells fargo being the first ones out of the starting gates. Warm welcome to you. Final Worldwide Exchange of the week. And we start off with a look at where we are with equities. 6 to 3 advancers outpacing decliners. And buoyed by the fresh record close on u. S. Indices. The dow closing up. Ftse up 38 points. Today,. 6 today. Were up another 21 points. Ibex is lower. Still concerns about the look at peripheral. Looking at the individual stories that were looking at here. First of all, invensis up. They say it is likely to recommend a firm offer of around 505 pence a share. And still more share weakness for serco. Off 8 yesterday. Another 2 weaker today. An audit found the private contractors had overcharged the uk government for running schemes to attack criminals. Tens of millions of pounds were charg
And china takes another blow with six more firms fined more from 100 million for price fixing. All right, warm welcome to the start of Worldwide Exchange. Stocks in the red today. Had the selloff in the states last night. Advancers outpacing decliners 72. The ftse yesterday down about 15 points. Then saw the dow off 93 points, s p down 9, nikkei below 40,000 this morning. This is where we stand with european, just over an hour into the session at the moment. And we pull it up. Were having a little technical issues right now. Dont know whats going on. Right. There we go. Good. Ftse 100 is down half of one point. Ftse mib up a quarter. The ibex is down twothirds. Bond market rates, keeping our eyes on gilts. Inflationary report due out 10 30 london time, half an hour from now. Maybe more dovish, mr. Carney, than some expect. We had a raft of really good data out of the uk, of course. And it is going to be about is he going to issue Forward Guidance. Gilt yields lower because of stock wea
53 million, 100 million . What about 136 million in diamonds stolen from a ritzy hotel in the French Riviera. Its a massive heist that comes along with a massive amount of questions. Does this look efficient to you . Was this the pink panther striking again or was it an insurance scam by the diamond dealer . All those stories and more coming up in the kudlow report starting right now. First up tonight, score one for the dogs. Youve heard warns about inflation for what feels like forever. From politicians, from the ads telling you to buy gold, youve even heard my own mea culpa because there hasnt happened any inflation. Turns out janet yellen and other doves had it right. Important new wall street journal study shows that yellen and new york fed William Dudley were the best forecasters for the past four years. And inflation hawks like james bullard, Charles Plosser and Jeffrey Lacker were wrong. They had the worst forecasting records. So one question is does this strengthen yellens case