situations and as for now it seems that their plan is to achieve a cost cutting targets and take some measures to protect a downgrade of its credit rating or it was a lose tomorrow keeping an eye on things in the u.s. thank you jose. and staying in the u.s. automaker ford is cutting some $7000.00 white collar jobs roughly 10 percent of its global workforce the move is part of a major restructuring that the company says will save 600000000 dollars annually and streamline its operations about of a 3rd of the layoffs will will be in the u.s. forces also cutting jobs across europe as part of a separate plan to turn around its business there including $5000.00 positions in germany. and let's look at some of the other business stories making news. the chairman of the us federal communications commission said bill backed the $26000000000.00 merger of sprint and germany's t.