It is time for World Business report. Headlines so. President macron faces the wrath of french workers. Its Biggest Union launches strike action today bringing disruption across the country. And the boss of bmw gives us his brexit wish list and reveals the car giants electric ambitions. Hello and a very warm them to you to World Business report. I am sally bundock. Very warm welcome to you. Also in the programme well explain augmented reality. Rory has been out playing with gadgets again. His report in a moment. But first, france is braced for mass strikes and protests today mainly about president macrons controversial plans to reform french labour laws. Here is what you need to know the reforms aim to make it easier for medium and small size businesses to sack workers. Trade Union Collective bargaining will also be watered down, and firms with fewer than 20 staff will be able to negotiate directly with individual employees, instead of a union branch. Also in the industrial action, the
Welcome to power lunch. Im michelle carusocabrera. The major averages are lower kicking off the busiest week for earnings but the s p tracking for its best monthly gain since february the nasdaq was on track right here, yes. Best month since january oil pushing higher, crude prices up more than 1 . We keep show l well get to that. Financials carving out small gains, utilities and health care lagging, j j, home depot, the biggest losers in the dow right now. Some of the big movers pandora higher on news of state pajama makers, maybe not blue apron, we finally get it, soaring on positive comments but hasbro is tanking. A deeper dive on these stocks straight ahead here on power lunch. Thank you, michelle. Im tyler madison. Waiting for Jared Kushner to make a statement at the white house after his session with the Senate Intelligence Committee Earlier today. We are also waiting for the democrats to unveil what they are calling their better deal for the economy and for americans at an event
France Force Hundreds of homes to be evacuated as firefighters battle the blaze. Escaping it all. Theresa may and her husband philip are in italy on the first leg of a three week break. Its five oclock. Our top story. Charlie gards mother has returned to the high court for a new hearing a day after abandoning legal action over treatment for her terminally ill baby. Lawyers told a judge that connie yates and charlies father, chris gard, want to put the Bruising Dust of the legal fight behind them and have their final hours with charlie at home. Thejudge said he needs more information on the plan to take him home. Doctors say it is not practical to switch cs Life Support Machine of away from Great Ormond Street Hospital or a hospice. Our correspondent lisa hampele is at the high court. Thejudge showing a the judge showing a degree of frustration at the breakdown and trust between the doctors and charlie gards parents, even now continuing. You can feel the tension in courtand continuing.
Good wednesday morning welcome to squawk alley. Im john quicarl quintanilla tensions between north korea and the u. S. Continue to escalate. Kim jongun threatens to release a missile on the u. S. Base guam, but the u. S. Threatens that they will see fury like no one has ever seen. Good morning, good to see you both brian, do you think the change of the market has changed over the medium term here . I think they do a little bit. Especially if you look at the performance of the s p 500 since july 19th. For all intents and purposes, it is august. We have had other potential negative headlines hitting the market in september with respect to the debt ceiling and the fed and a potential taper tantrum, but it doesnt derail the longer term side of things. Were still steadfastly bullish in the 20year call for the bull market to remain in u. S. Stocks, but things have gotten frothy here the way that the market responded, i mean didnt respond to positive earnings and positive macro, kind of tells
Streets . Reporter thats a question police are still trying to answer. Good morning to you, kris and sam. Police tell us they received a call around 9 20 this morning from someone near the home where this boy lives. That was after he was found in the woods of an apartment complex in san jose. Police are now questioning the boys guardian to find out what happened. The Violence Unit is also getting involved. It was around 3 00 this morning that a couple living in this apartment complex found the boy wandering near the woods by the complex. He tells us the boy at the time was covered in mud, was only wearing a diaper. The couple gave him a little sweater to keep warm. Police arrived. They took the boy to the hospital for a medical evaluation to make sure he was okay, and then they turned him over to child protective services. They also looked for the boys parents, to no avail. The Security Guard said the boy speak to them. Mom and dad, mom and dad in spanish. Reporter was that it . Thats