Ive been physical and lets do business someone press the pause button Global Shares are on hold a volatile pound is hovering after rising more than 5 percent in the past 5 sessions there are hopes the United Kingdom and the European Union can strike a deal at an e. U. Leaders summit over the next couple days but theres still talk of an extension an election and a disorderly gags it that last one could come at a cost especially for the brits a study by the bettles month think tank shows a no deal brags it would cut National Income by up to 57000000000. 00 euros a year be partly jujube rising costs through new tolls and tariffs on goods and services germanys export powered economy would make it the 2nd biggest loser in absolute figures with a loss of around 10000000000. 00 euros a year france and italy would also suffer a blow seeing significant annual revenue losses and how much can. Ordinary citizens expect to lose from their pocketbooks well for brits some 900. 00 euros less a year on
Cracks in the Glass Ceiling become well get an experts new and grand traditional eateries move out of expensive neighborhoods there is an opening for a new trend ghost restaurants we check them out for. Im chris colfer welcome to the program we start the show with exxon mobil the company is in court later day today in new york for financial fraud the states attorney general has accused the oil and gas giant of misleading investors about the costs of climate regulation to its business the lawsuit argues that exxon systematically minimize risks associated with Climate Change when evaluating new projects analysts say that if the company had been transparent about the Financial Impact of Government Action to limit Global Warming investors would have forced exxon to invest less in fossil fuels. Now in another closely watched legal fight a last minute agreement could set a pricey precedent shortly before the start of the biggest ever court battle in the own growing us Opioid Crisis the parti
States attorney general has accused the oil and gas giant of misleading investors about the costs of climate regulation to his business the lawsuit argues that exxon systematically minimize risks associated with Climate Change when evaluating new projects analysts say that if the company had been transparent about the Financial Impact of Government Action to limit Global Warming investors would have forced exxon to invest less in fossil fuels. Now lets get more from our financial correspondent chelsea than any chances several u. S. States and cities have tried to bring these Climate Change cases forward most of them have failed in court what is different about this particular case. Well the previous cases have been brought to try and hold o. Energy Companies Accountable for this fraud and also to get them to pay and this is different because its being brought as a securities fraud case as a shareholder fraud case and once that makes it a little a little simpler theyre using the same th
Comments out of theboe. You can see how the safety trade is not playing out with dollaryen higher and a mild risk off move after the Missile Launch it now back onto the dollar story. Gold going nowhere. Jonathan potential terrorism in the u. K. , several people injured in an explosion on a subway train in london. Police said they were treating it as terrorism on a number of people were injured, suffering facial burns and some were hurt in a stampede, according to the press association. No word of the whereabouts of the perpetrator. Station inen subway london was cordoned off as police investigated and north korea is another manchild launch Missile Launch in japan after the United Nations approved harsher sanctions against the regime while Rex Tillerson says these continued provocations deep in the north korean diplomatic and economic isolation. Joined by our chief agent economics correspondents. Editor forcutive international government. Walk three details as they come through in londo
Soon as it comes out. Small but mighty. President trump focusing on plight of Small Businesses this afternoon. What he is pledging now to help this driving force of our economy. Among our guests this hour, former White House Press secretary ari fleischer, South Carolina congressman mark sanford, Lieutenant Colonel oliver north is with us. Melissa back to the markets. The dow closing at new record high for the fifth straight day, inching closer to hitting 22,000 for the first time ever. It has been 109 days since we saw a milestone on the dow. Connell mcshane on floor of new york stock exchange. Connell, so we didnt get 22k but were getting darn close. No. Well take it. Another record close for the Dow Jones Industrial average. Well take it on day in, day out basis, as you say, that is pretty much, melissa, what weve been getting. This is the 31st record close for the dow so far this year. Got within 10 points give or take as magic round number such as it is 22,000 earlier in the day. T