future of the program remains in jeopardy for hundreds of thousands of people that call america home. we ll talk to one of those dreamers later this hour. we begin with the efforts to bring down the skyrocketing prices we re paying for gas, groceries, and many other items. in a few hours from now the federal reserve is expected to announce its third interest rate hike this year. raising a key interest rate by three quarters of a percent. that s the largest increase since 1994. this comes as president biden looks at other steps to try to reduce the highest priced spikes in more than 40 years. the president sent letters to seven energy companies asking them to explain their record profits, as well as a drop in refining capacity helping to drive up gas prices. he also says he s prepared to use emergency authority to increase refinery capacity and output in the near term. the new york times reporting the president is also considering rolling back some of the tariffs preside
scandal involving not just toyota but toyota, honda, mazda, suzuki, yamaha motor, whole number of companies there. so i imagine this will be the main topic of the meeting. there may be some questions about keeping costs under control, the effect of the weak yen, perhaps the decline in demand for electric vehicles, but really they are going to be tackling this problem head on. i just wanted to say on that point, how do you feel that controversy is likely to impact the company, short and long term? i think, short term, we can t deny the news of what has happened here, but i think it needs to be put into context. we don t actually have any cheating going on here. this is really somewhere between the bureaucratic way the japanese test cars, and actually being driven by one of the ministries, excuse the pun, and the way the press reported this. so what we re talking about here is actuallyjust the difference in a way between the way the domestic cars are tested, because in japan, d
in tuesday s hearing in front of a senate subcommittee, mr calhoun plans to speak directly to the families of the 346 people killed aboard two boeing flights more than five years ago. according to his prepared remarks, mr calhoun expects to speak directly to the family of the people killed. he will also express regret about a january incident that led to a door panel blowout mid flight aboard a 7a7 max 9 aircraft, as well as gratitude there were no fatalities. mr calhoun had served as president and ceo of boeing since january 2020. he plans to tell senators he understands the gravity of boeing s responsibility to uphold aerospace safety and that the company will take action to ensure its safety standards are met and will hold itself accountable. but he will be asked to answer for the company s failures, including criticism that the company put profit over safety. a recent meeting between boeing executives and the united states chief aviation watchdog ended in a plan for syste
company and basically to please shareholders going ahead, but of course with toyota they will be on the defensive, particularly because of the so called scandal involving not just toyota but toyota, honda, mazda, suzuki, yamaha motor, whole number of companies there. so imagine this will be there. so imagine this will be the main topic of the meeting. there may be some questions about keeping costs under control, the effect of the weekend, perhaps the decline in demand for electric vehicles, but really they are going to be tackling this problem head on. ijust tackling this problem head on. i just wanted to say on that point how do you feel that controversy is likely to impact the company, short and long term. i the company, short and long term. ~ , ., term. i think the short term, we can t term. i think the short term, we can t deny term. i think the short term, we can t deny the term. i think the short term, we can t deny the news - term. i think the short term, we ca
because of the so called scandal involving notjust scandal involving not just toyota scandal involving notjust toyota but honda, mazda, suzuki, yamaha, a whole load of companies there. this will be a sensitive topic of the meeting. there may be some questions about keeping costs under control, the effect of the week and perhaps the decline in demand for a period where really they will be tackling this problem head on stop i to say on that point how do you feel that controversy is likely to impact the company short and long term? short term we cannot deny the news of what has happened here, buti deny the news of what has happened here, but i think it needs to be put into context. we don t actually have any cheating going on here. this is really it, it s somewhere between the bureaucratic way that the japanese test cars and actually being driven by one of the ministries, excuse the pun, and the way we reported this. what we are talking about here is actually just a what we are