Is beginning to take its toll. In markets, european shares have opened slightly up, following their asian counterparts, largely on hopes of more central bank stimulus. And well be getting the inside track on a hot chocolate business thats been enjoying the sweet taste of success. Today we want to know, with the ongoing ba strike, are you affected . Are you stuck at home or in an airport . And if so, what are you doing to while away the time . Just let us know just use the hashtag bbcbizlive. Hello and welcome to business live. Pilots for one of the Worlds Largest Airlines British Airways have gone on strike today for the first time ever, after rejecting a pay offerfrom the airline. More than 1,700 flights have been cancelled with at least 195,000 passengers affected. The two day strike follows failed negotiations between the union and the airline over a pay offer of 11. 5 over three years. British airways rejected a last ditch proposalfrom Pilots Union Balpa to re start negotiations ai
Thank you for having me. Tell us about theis organization and how you are funded . We are owned by lending tree and a credit card market place where people can come in and get credit cards but also learn how to use them wisely what to know when you are shopping for one. Basically we get a bounty every time someone signs up for a car through our site with relationships so we also have a church and state divide in our newsroom like any newspaper and my goal is to be the person who goes out and tells the truth and helps people make smart decisions about cars. When it comes to the overall topic of Consumer Debt how is the residents of the United States doing generally on that front particularly when it comes to Credit Card Debt . They are still handling their business pretty well right now. Delinquencies are climbing up a little bit right now but there is stillit generally low historically but there are definitely signs that we are starting to run into issues but that is to be expected. It
Escalating trade war sending stocks plunging with dow closing down more than 600 points friday following a barrage of tweets from the president threatening to retaliate against beijing attacking Federal Reserve Jarome Powell and ordering u. S. Companies to find alternatives to doing business in china. Lets bring in wall street journal assistant Editorial Page Editor James Freeman Allysia Finley and Columnist Bill mcgurn, james, your friend has a phrase he calls the edge of chaos with trade negotiation including china and the u. S. Where each side seeks to decide who can absorb the most pain. Are we there . [laughter] we should there, also said its like a drinking, you may win but you will get hurt too along with the other guy and thats where we are, you see that in the market reaction. These are taxes, the president interestingly acknowledging they are taxes in one of his recent tweets and big reason why we have seen reduced Corporate Investment in the u. S. And around the world. Paul
Lauren Technology Makes keeping up with work while out of the office easier but americans arent having it. The big lies we tell to keep our bosses from creeping in on our vacations p. It is wednesday, august 28th. Fbn a. M. Starts right now. Its all right, all right, girl. One day youll see. Youll never find a guy like me. Lauren welcome to fbn a. M. Good morning. Im lauren simonetti. Cheryl good morning, im cheryl casone. Lauren lets take a look at how your money is moving this morning. U. S. Futures hugging the flat line, slightly higher if youre looking at the dow, up 18 points, s p up 4, nasdaq up 5. Cheryl watching the 10 year. The spread between the two and the 10 year yields inverted, kind of the worst numbers weve seen since 2007. The bond market signaling there could be a recession coming. Right now, the yield on the 10 year is 1. 48 , a gain of 8 basis points. So a little bit of a better sign this morning on that. Lauren futures are up. Major move continues to the upside in t
Today and do enjoy it because after today things are getting hot again, im talking just how hot your forecast ahead robert thank you john checking out the always busy and crowded bay bridge during this time of morning traffic really stacked up right now. And youre back up spills into so yes youre going to be sitting in traffic from 5 80 from the e sure from the nimitz here just under 20 minutes, 15 to 20 minutes is a decent average off to fremont street all lanes back open on vasco between walnut and Camino Diablo we had a major accident. They had to land a medical helicopter all lanes are open do expect residual delays here both directions as you travel between byron and britt would us traffic is struggling to recover. No other major issues just some increasing drive time 17 up to 29 minutes from santa cruz into los gatos starting a chance. Thanks a lot rob and 71 and happening today were going to find out what apple is unveiling yeah the companys going to be. Probably unveiling its n