Germany. Where exactly. Was fun and learn a lot of our sculpture history. Travelogues extremely worth a visit. German car giant dimer agreed to pay more than 2000000000. 00 to settle emissions cheating claims in the United States to deal comes 5 years after german car makers were 1st exposed for widespread dirty dealing we are American Consumers are ready to forgive you for gas. Also want to show us jobless claims have dropped but tens of millions of americans are still out of work and waiting on more help from the government. German travel giant to we post enormous losses a day from receiving another lifeline from the government. This is the new business im paid for it from welcome to the show Darren Miller is to pay more than 2000000000. 00 to settle claims about emissions cheating in the United States the bulk of the money will go to u. S. Authorities but the further 700000000 satisfied to cover lawsuits from consumers revelations of widespread emissions forward among german Car Com
Tens of millions of americans are still out of work and waiting on more help from the government. The german travel giant to leave post enormous losses a day for receiving another lifeline from the government. This is a business im paid for and some welcome to the show daryn miller is to pay more than 2000000000. 00 to settle claims about emissions cheating in the United States the bulk of the money will go to u. S. Authorities but the further 700000000 to cover lawsuits from consumers revelations of widespread emissions fraud among german Car Companies emerged in 2015. Lets talk more about this with the Business Correspondent to in new york yes is this a good or a bad day for dire. Its always good for a company if you have a price taken to a dime though was prepared to earlier this year they set aside the money so in that respect its a good day on the other side its clearly comes as a time when every one of most companies of the world are in dire need of money all whats going on was t
Probably the second or third day of training and basically we had an outline of what we were doing and none of it was business it was graphic violent, hate speech, sexual solicitation, sexual exploy takeitation that f stuff. Im sorry. Thats okay i just think about all the animals all the time so im supposed to go talk to this counselor about the 500 videos ive looked at today in nine minutes, and im supposed to be okay it doesnt make any sense. A spokesperson for facebook tells cnbc we work with our content review partners to provide a level of support and compensation that leads the industry there will inevitably be employee challenges or dissatisfaction that call our commitment to this work and our partners employees into question when the circumstances warrant action on the part of management we make sure it happens. We heard from the contractor cognizant which runs the facility, saying cognizant strives to create a safe and empowering workplace for its more than 40,000 employees in
Moments ago. I think you have sort of a false market, buoyed by zero Interest Rates and you have to be cognizant of it. Of course, covered a lot of ground. Talked valeant, apple, herbalife. But in general, nervous about very big, bad things happening in the global markets. Without a doubt. If you have a billion dollars and youre over a certain age, it seems like youre really focused on the risks. The environment doesnt feel comfortable to you. Negative Interest Rates are something you never thought youd have to contend with. And its not to say its correct or wrong, but its one of those things, everyone understands the unease. If youre somebody like carl icahn who has made his fortune putting money at risk when everybody else was panicking and it seemed like things were cheap, thats not really the environment you feel like were in right now. You had an interesting discussion about these gentlemen on twitter yesterday. In part, the conversation went, are they uncomfortable with a communi
Apple. Josh lipton has the story in san francisco. Well, it is a big new title for Jeff Williams. He is now going to be apples chief operating officer. He is also in charge of apple wash. Some might think theres a Succession Plan in place since this was tim cooks old job. Apple now grooming Jeff Williams as the next ceo. Sources of the company telling me this is not the intention of this promotion. This is simply a recognition, they say, of jeffs contributions. Tim cook, by the way, in a statement saying williams is hands down the best Operations Executive he has worked with. Other big changes to mention here, phil schillor will remain apples head of marketing, but he picks p a new responsibility as well. He is now going to lead the companys app store. That, of course, has become a significant business for apple helping to fuel the companys record 5 billion in Services Revenue last quarter. Natural question then is what that means for eddie cue, apples media head. The company telling m