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Transcripts For BBCNEWS Business Briefing 20240713

We start in the us where General Motors has launched a legal onslaught against rival car giant Fiat Chrysler. Gm is suing fiat for racketeering, alleging it bribed officials at the United Auto Workers union for years and seeking substantial damages fiat says its astonished at the lawsuit which comes as it tries to seal a merger with frances peugeot group. From new york Samira Hussain has more. General motors says Fiat Chrysler spent millions bribing during the years of 2011 and 2015. Gm asserts the union made concessions to Fiat Chrysler that were not afforded to General Motors. Such as hiring entry level workers than gm was allowed to. The claims being made are tied to an ongoing federal corruption investigation that has led to 13 criminal charges investigation that has led to 13 criminal charges and 11 guilty pleas among former executives and union leaders. Fiat chrysler has responded by saying it is astonished by the lawsuit and it believes that this is just a way for gm hamper ongo

Transcripts For BBCNEWS Worklife 20240713

Gm sues Fiat Chrysler for racketeering, accusing its rival of bribing unions. Fiat calls the lawsuit astonishing. Plus, serving this up, the zero waste menu, how trainee chefs in paris are being taught how to prepare eco responsible meals. And well be getting the inside track on Mental Health. One in four of us will suffer from stress, depression and anxiety at some point in our lives and well be talking to the founder of a therapy app that aims to improve workplace well being. Today we want to know, what do you think about people faking a sickie if they needed to take a day off at short notice. Is it everjustified . Have you been caught out . Tell us what you think just use the hashtag bbcworklife. Hello and welcome to worklife. A disturbing number of tweets asking already if i have ever pulled a sick day. You will have to stay tuned to find out macro a warm welcome to our new business show. Now, would you fake being ill to avoid going to work . Over half of young adults here in brita

Transcripts For CSPAN3 Former Fed Chairs Yellen Bernanke Others Discuss Inflation - Part 1 20240713

The message of inflation is going up in part because of wage pressures and the big drive is driven by shock. So i would kind of do that after the regional whats interesting under further study is that the wage for the u. S. Seems to be working very well. Thats the point and even over time it hasnt flattened very much thats t what mathew made in a nice discussion. Maybe more to see. It might be the call date has changed and they are left out for the cpi or city basket. But in terms in waste space, it sends to be working well and it is left here. Yes, you have raised many important points with your question. I think one way of thinking about it. I think the points you alluded to, those are price changes that are very salient, important for daily life and easy to measure. Its that, if you think about an iphone, lets say you have a price of 999 for the last 15 years, even though an iphone today is a very different animal than an iphone like 50 years ago. So official statistics takes this i

Transcripts For CSPAN3 Former Fed Chairs Yellen Bernanke Others Discuss Inflation 20240713

Questions relevant. Today one of the most vexing questions for people who participant in markets, but thats a different part of the world, is that inflation has refused to rise, much less persist, at the 2 targets. Key question is, why . While history will be the judge once the data has been interrogated, we dont have time for that, because todays policymakers and investors need to act and to do so require at least a rudimentary answer to this puzzle. Today we have gathered some of the leading experts in the world. Inflation didnt fall as much during the Great Recession as the models anticipated and hasnt risen as much lately. Is it dead or just dormant or has the death been much exaggerated. In my experience, wiped capitulation is the first sign of the bottom. Thats kind of where we are right now. Has Monetary Policy been so well anchored. Have globalization and Technology Made raising prizes difficult . Has the economy evolved in ways the models simply havent been incorporated . And

Transcripts For GBN The 20240703

Questions continue. The covid questions continue. Just were large scale just why were large scale sporting permitted the sporting events permitted as the disease uk . Disease ran rife across the uk . Were todays crucial were live at todays crucial stage of baroness hallett key inquiry from inquiry and were live from a bma in manchester as bma rally in manchester as doctors call on ministers end doctors call on ministers to end the deadlock or risk walkouts running into the winter. The past hour, speaking in the past hour, Health Secretary Steve Barclay says bmas leadership says the bmas leadership is not on patients. On the side of patients. And live and let by as roger moores bond suits and props go to auction for charity , well be to auction for charity, well be finding out why he truly has become the man with the golden gun. First, the latest news headunes first, the latest News Headlines with. Aaron headlines with. Aaron good afternoon. Its a minute past 12. Im Aaron Armstrong in t

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