The trade implications. Scotlands only Oil Refinery is to close with a cost of 400 jobs the Unite Union calls it an act of industrial vandalism. And Credit Crunch why are so many Women Led bUsinesses cancelling Expansion Plans because they are unable to access finance . Well speak to one big bank trying to address that. Live from london, this is bUsiness today. Im mark lobel. The Aircraft Maker Boeing is awaiting news from its workforce on whether its accepted a four Year Pay Deal which could lead to a walkout of up to 33,000 workers. The deal 25 over four years has been backed by the workers iam union, but many employees are not happy with the terms. A result s expected very shortly and could lead to Strike Action in the coming hours. That would affect production of the companys 737 and 737 max aircraft. Heres our North America BUsiness correspondent ritika gupta. Breaking news on the subject. Boeing workers have voted to strike after rejecting a Pay Offer backed by their own union. T
Of Thousands Ofjobs for other programmes leaving the state. Our business correspondent, theo leggett, joins us now. As we heard, this is Notjust A grievance about rejecting a 25 pay rise, this is problem going back over 15 years, what is the history . We have seen in this vote which was absolutely emphatic, 96 of both pulled voted for the strike shows the depth of feeling between the workforce against management and how little trust there is between the workforce and bowing management. As you say, that does go back a long time because in past renegotiations of Contracts Bowing was in a strong position and it went into these negotiations threatening to remove production from the pacific Northwest Area and take it into other states. That went down very badly with Boeing Workers in the region who are to accept reduced terms and conditions including the removal of Pension Schemes and those resentments have remained. Over the past few years as well while boeing has been trying to mmp while
Disease expert says covid19 will not be a pandemic a lot longer. , dr. Ing at an event today Anthony Fauci pointed to rapid progress in vaccine development. He did say the coronavirus could remain endemic for a long time. Generally, a pandemic is defined as an infection that puts the global population at risk, while an endemic disease is one that spreads in some areas and not others. There is a power struggle inside Prime Minister Boris Johnsons office that threatens to destabilize the british government. His communication director quit last night, raising concerns about the future of johnsons most powerful and controversial advisor, dominic cummings. All of this comes at a time when the Prime Minister is dealing with a new lockdown and brexit talks. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 in london, and 2 00
[inaudible conversations] good morning, everyone. The committee will come to order. I welcome our witnesses in person at those appearing distantly. We look forward to the testimony and getting a better understanding of where the department of Veterans Affairs and the thirdparty administrators are in administering the mission act. Also very interested in hearing more today about the caregivers implementation as well. Almost every member of our committee though not physically present at the moment, some are joining us in person and others will be joining us almost every member of the committee will be participating. The focus of todays hearing is the implementation of title i under the mission act by the department of Veterans Affairs, relating to the Veterans Community care program and the program of comprehensive assistance for family caregivers. Io i scheduled this hearing because of my dissatisfaction with the pace of mission implementation. While v. A. Officials were invited to part
Next, the Senate Veteran Affairs Committee examines caregiving provisions under the Va Mission Act signed into law on june 2018. Almost two and a half hours. Good morning, everyone. The committee will come to order. I welcome our witnesses appearing in person and those appearing distantly. We look forward to their testimony to get a better idea of where the department of Veterans Affairs are in administering the missions act. We are also interested in learning more about the caregivers implementation as well. Member of our participating. Be hearing isf todays the implementation of title i under the mission act by the department of Veterans Affairs relating to Veterans Community care programs and the program of comprehensive assistance to family caregivers. I scheduled this hearing because my dissatisfying dissatisfaction with the implementation of the mission. Department chose to decline the invitation. This committee and the be a share a common goal to pass the mission in 2018 to bett