A radical worldwide it wants to eliminate six thousand nine hundred jobs half of them in germany with the countrys east hardest hit two plants there will shut down completely and a third hangs in the balance. Says its been hit by the switch to cleaner Energy Sources and that is Turbine Division cant keep up it makes the parts for fossil fuel power plants and orders a declining. Siemens is not only investing in plants in other countries it is posting record profits no wonder the employees feel theyre being taken for a ride. To top it all off theyve been working on these plants for twelve months but employ representatives and the union have not been involved. Management says cuts will secure the companys future the point is that the Energy Market is changing so dramatically and its a structural change so we need to react if you want to peace also responsible for our business and specially also for competitive business so we can say to our workers into the people that might be affected is
A radical worldwide it wants to eliminate six thousand nine hundred jobs half of them in germany with the countrys east hardest hit two plants there will shut down completely and a third hangs in the balance. Says its been hit by the switch to cleaner Energy Sources and that is Turbine Division cant keep up it makes the parts for fossil fuel power plants and orders are declining. Siemens is not only investing in plants in other countries it is posting record profits no wonder the employees feel theyre being taken for a ride. To top it all off theyve been working on these plants for twelve months but employ representatives and the union have not been involved. Management says cuts will secure the companys future the point is that the Energy Market is changing so dramatically and its a structural change so we need to react if you want to peace also responsible for our business and specially also for competitive business so we can say to our workers into the people that might be affected
Morning. Health care taxes will meet with members of the house ways and Means Committee at the white house as the administration moves forward with its plan for tax reform. Ahead of tomorrows big unveil coming up the markets look like this this morning. Features indicate a mixed opening for the broader averages. Nasdaq up 10 after a really tough day yesterday for technology. Investors watching tech stocks enduring correction territory down 10 from its most recent high. It is up this morning, but tech certainly was the problem for markets yesterday. Take a look at the light indices here. Down five points. The cac and dax are up about a quarter of a percent. In asia overnight, stocks were closed mixed this morning. The nikkei average down a third of a percent. The cost the average down a quarter of a percent and the hang seng shanghai actually higher. Tragedy in new york at a Police Officer shot in the face after being ambushed by gunmen. Latest on her condition this morning. Polls are s
Area and clear lakes county. They were sport the report he could have more than one handgun. Law enforcement has people shelteringinplace and we will bring you the latest as soon as we get it. Opening statements begin in the kate steinle murder trial, crime that drew National Attention to the sanctuary city debate. Lets go to anne makovec live at the hall of justice. Reporter no cameras will be allowed in the courtroom throughout the course of the trial but theres plenty of attention. They are using a lottery system to get a seat for the public and the media. It was a packed house when opening arguments began this morning. Immigrant who shot is and killed kate steinle while she walked with her father on pier 14 and july, 2015. The family has been thrust into a National Debate on immigration reform. They walked stoically into the courtroom to hear the opening arguments for the trial of Jose Ines Garcia zarate. It could be an accidental shooting. Reporter his lawyer said the client was h
With down. Troops. As we go about our do you mean law of human rights or from the last one my. Invisible hand. In the twenty First Century starting december second on. Growing strong the German Economy continues its expansion over the last quarter what the gross based on the stellar performance last week talked to the president of the center for European Economic research. And the fee for world cup twenty eighteen is drawing nearer time for russia to spend heavily to ready moscow for the tournament. Welcome to business things just couldnt be better for germany Interest Rates are low Consumer Confidence is high and the economy is growing and growing its been that way for the past eight years the Third Quarter of this year though talked about germanys economy grew north point eight percent over the quarter before much more than analysts had expected and thats down to booming exports the made in germany brand is in demand worldwide popular with european neighbors again as well and finally