its goal of cutting 7.5 billion by the end of this fiscal year. pressure mounts from an activist who has been critical of the company including its disappointing stats at the box office. the company also narrowed its losses specifically in streaming. disney plus increased prices this fall. the they lost subscribers over that. but because each subscriber is paying more for the service, the average revenue per user went up. disney plus is streaming offerings including espn+. the focus of a lot of attention this week. the company announced earlier this week it s partnering with fox and warner bros to launch a new sports streaming this year and ceo said wednesday that the company is taking a $1.5 billion stake in epic games as disney s big move in the game space yet. another focus of attention, disney and politics again after a very public multi year spat with and law suit against florida governor ron desantis who accused the company of being liberal and progressive. actor gina c
where sentiment has been weakening since about mid january on the lack of stimulus measures by the government. so after the last inflation numbers, so we could have an overreaction, but then again the trading restrictions being what they are right now it s very hard to play out the numbers especially with ten days of holidays coming up after tomorrow. yes. so what do you think the reaction from the chinese government is going to be then to these numbers that are worse than expected 7 i think because of the holiday period, they may be buying themselves a few days to think about what to do. it s really a demand side issue with them. as we saw with the alibaba earnings, people don t have the confidence right now to spend or take on debt. all of the measures we have seen so far have targeted the supply side, increasing loans, increasing liquidity. these are not enough. investors want to see some job creation type of investments, some reduction in some of the maybe the bureaucra
next step, a showdown in the senate. jack smith now challenging former president trump s efforts to delay his criminal trial on the classified documents until after next year s election. raising the possibility he could pardon himself. jared kushner has spoken to prosecutors about trump s alleged attempts to overturn the election. we will check in on trump s republican rivals without him in iowa for the informal launch of the republican caucus campaign. good day, everyone. i m andrea mitchell in washington. hollywood comes to a standstill for the first time in more than six decades. sag-aftra, the union representing film and tv actors is now on strike after talks with studios collapsed following four weeks of negotiations. in a blow to the $134 billion industry, of course, the two sides clashing over residual payments in the age of streaming and the usual of artificial intelligence to replace actors. the union president blasting the studios yesterday. i am shocked by
most popular pastimes but it needs a makeover. it s been on a container ship for a month. it s then been driven from a port on a lorry to a distribution point. it s then gone on a van to a shop and it s been used in the seafor a matter of hours before it s ended up as waste. and they are lancaster bombers that launched the famous dambusters raid exactly 80 years ago. and coming up on bbc news: more injury frustration forjofra archer, who s ruled out by england for the summer, butjonny bairstow returns to the test squad to face ireland. good afternoon and welcome to the bbc news at one. a top british businessman, whose foreign companies were at the centre of a global international money laundering investigation, has been revealed as a major donor to the conservative party by the bbc. javad marandi, who has an 0be for business and philanthropy, has donated more than £750,000 to the party. some of his companies were alleged to be involved in a scheme to move money from one of a
in the house of commons, where we re expecting an urgent question to the home office on the implications of the national crime agency s investigation into mrjavad marandi. this comes after the bbc reported that javad marandi, a businessman whose foreign companies were part of a global money laundering investigation, is a major donor to the conservative party. the question has been tabled by snp mp alison thewliss. asking if the home secretary will respond or make a statement. we will head back the is should get any further developments. the british telecoms giant, vodafone, is to cut 11,000 jobs over the next three years as part of an overhaul to cut costs. the firm s new boss, margherita della valle, said its performance had not been good enough. posts will go at the company s headquarters in the uk and in other countries. our business reporter theo leggett has more. talk to us about what we know about the job losses, talk to us about what we know about thejob losses, 11,000