Subsidiaries in the massive corru ptions scandal surrounding the state fund. It isa it is a bit ofa it is a bit of a negative picture gcioss it is a bit of a negative picture across europe on the markets at the start of friday, all the benchmarks edging into the red. Its been a busy week in Business News with everything from bas system meltdown to the slugfest between uber and lyft making the headlines. Our correspondent theo leggett will he here to help make sense of it all. Also, Deutsche Bank is cutting some perks for workers outside germany, like rolling over unused annual leave. Today wed like to know, what workplace perks are most important to you, and which would you most hate to lose . Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. Let us know about those workplace perks. Welcome to the programme. We start with big tech, which is under the spotlight today, with leading firms summoned to the white house for a meeting on curbing violent online ex
High pressure. Sinking air is moving over top of us. This morning were a little bit cooler due to the lack of clouds. Were nearing 80 inland at noon, mid 70s at the bay. Were touching close to 80 to near 90 around the bay and inland. Were climbing the scale and we wont stop until sunday. Ill have that warm forecast coming up. Not too much to worry about so far this morning. Were looking live at walnut creek southbound 680 slowly starting to fill in. No major issues, no maintenance if youre continuing onto westbound 24. Drive time is looking good. Westbound 80 highway 4 to the maze, 16 minutes. Southbound 101 in the green at nine minutes. Want plan is on the floor. It would require utility utiy companies to get safety certifications. Legislation that would strengthen protections for uber and lyft drivers is now heading to the state Senate Appropriations committee. Assembly bill 5 would force Ride Hailing Companies to classify hundreds of thousands of drivers as employees instead of inde
Bridge. The metering lights arent on for another 45 minutes or so. The time is 4 30. Back to the desk. Allie, thank you. We are watching japan in a stilldeveloping story where two people are dead and 16 other were hurt in a stabbing toke on children at a catholic all girls school. Authorities say it happened at a bus stop south of tokyo. Witnesses say a man in his 50s shouted as he approached a group of children and adults with a knife in each hand. One of the two victims killed was an 11yearold girl. Police say the man stabbed himself then and later died in the hospital. Most of those hurt are girls between 6 00 and 12 years old. Japans Prime Minister is offering condolences and promising to take steps improve the safety of children. Air force one is on its way back to the u. S. Right now after presiden memorial day weekend in japan. It was a visit full of pomp, c ktvus doug luzader joins us now from washington with a look at what comes next. Good morning, doug. Reporter good morning.
Commute really the commute has not started much at all. A good time to get on the road there. Highway 24 in lafayette getting busier but no specific problems that will delay you. The bay bridge is just starting to get slow. I believe the metering lights just turned on. That will add a little time to get onto the span. Give yourself an extra ten minutes if you have to get through this. One you get onto the span things clear up into the city. Happening today striking east bay teachers in the new raven Unified School District will be back on the picket lines. What do we expect to happen today . Reporter there was progress over the at one point yesterday both sides felt hopeful, but by the end of the day they could not write a deal. A marathon bargaining session broke down last night when the Teachers Association met with management for a total of 30 hours over the Holiday Weekend to negotiate about 12 hours yesterday. Both sides made some adjustments. The Teachers Association initially wa
Could even raise rates too thats interesting. Druckenmiller talked me into no guidance. That sounds like what kashkari said yesterday. It could be anything. If youre truly independence, how can you give guidance . Its sort of the transparency. If you really dont know hourks do you give guidance . At least so thats symmetric risk i would like to believe if they needed it, theyll do it i was thinking about the dow managing the close higher, up 32 disney was down 11 what is it 7 or 8 or something . Its a lot. The rest of the components and we have tom rogers coming on to talk about disney. We should you know, he did not give us an indication we talked about the trading down and the experiences and whats going on at the parks. If you look at what really happened in the market, it was on the guidance all around the parks, but there was this sort of i think theres a disappointment in the sub levels. He gets down and looks at what theyre drinking at the parks. I think hes a good man. I think