Welcome to the program. German carmakers will get more money from the states in a meeting with top executives of the industry. German chancellor Angela Merkel promised companies another 3000000000 euros in state aid. The sector is grappling with plummeting sales in the pandemic. The prospect of Higher Mission standards and accelerating shifts towards electric mobility. The incentives include 1000000000. 00 euros to extend a 2 a 2025, a consumer rebate rebate for buying electric cars that had been planted and next year another 1000000000 euros will be used for a scrapping program for older trucks. And the government will also established a 1000000000 euro fund to finance innovation and transformation and germanys leading export industry. Now the Automotive Industry also wants more support for charging stations to make driving in the car. More convenient, right now when it comes to talking stations 400000, drivers in europe, germany is and 3rd place still far behind nations such as norwa
Simply choose to discover subscribe to documentary 737 max can fly again in the u. S. After 2 fatal crashes. Boeing has been grounded for a great team. But the federal Aviation Administration says its now a safety. Also coming up south africas investment, the countrys reignites, an economy that was struggling even before the coronavirus pandemic, unemployment levels. Workers speak out about the high price they having to pay in the production of business. Welcome to the program. Boeing is getting the green light for its 737 max. The us federal Aviation Administration has announced that the plane can take to the skies again after it was grounded in march of last year, following 2 crashes at the time who was the companys top selling model. But the announcement still doesnt reverse boeings massive financial problems. The company has been incurring huge losses and has said it will cut more than 30000 jobs. The grounding of the 737 max is estimated to have cost boeing as much as 20000000000.
A weekly radio show is called spectrum. If you would like any information on the krona virus or any other science topic, you should really check out our podcast. You can get it wherever you get your podcast. You can also find us and science. , the 737 max can fly again in the u. S. , at least after 2 fatal crashes. Boeings allied has been grounded for over 18 months, but the federal Aviation Administration says its now 100 percent confident in its safety. Also coming up south africas Investment Conference, the country is hoping the best this can help reignite an economy that was struggling even before the coronavirus pandemic drove unemployment to record levels and female plantation workers speak out about the high price that they are having to pay in the production of palm oil. Do we have business . I robots in berlin. Welcome to the program. Boeing is getting the green light for its 737 max. The us federal Aviation Administration has announced that the plane can take to the skies aga
Volatility in the markets today, it could had into it during the election next week. Speaker nancy pelosi had a conversation with treasury secretary Steve Mnuchin late this afternoon. Well have more on what we know about that conversation here as we bring in our reporters. Fox Business Team coverage. Blake burman at the white house for us. Today were starting with Ashley Webster on the market selloff. Ashley . Ashley what a day it has been, connell. All sorts of skittishness and fear on wall street. Fear of a second wave in covid as weir seeing in europe. Fear of the unknown when it comes to the election just eight days away. Fear congress will be unable to finally agree on a stimulus bill. You put it all into the hat. This is what you get as a result. The dow off 650 points at the close. But was way down more than that. 950 at one stage. The s p down nearly 2 . The nasdaq also down about 1 1 2 . All 11 sectors on the s p 500 finishing down on the day led by energy, tech and industrial
I want to be careful to say that if im confirmed you would not be getting justice scalia, you would be getting justice barrett. Charles well have reaction from the white house on that and more. All of it coming up on making money. Charles a day after a monster session own the market today feels like the dreary weather in new york. I think the technical term for it is blah. Strange anticipation. You have two major events that could provide catalysts not only for the companies themselves but for the broder market. Amazon beginning the twoday prime day. Apple unveiling highly anticipated iphones and some other products. Speaking of which technology is sizzling still after a pause, part of the reason i think goes beyond the hot products and services. What happened to all of the breakup risk . You remember that last week . Congress released a 451page report. Democrats leaning heavily towards breaking up the gatekeepers of the digital economy. According to a report from mit congress flopped