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Transcripts For BBCNEWS Newsday 20240704

It is described in the indictment, fuelled by lies. Lies by the defendant targeted at obstructing a Bedrock Function of the us government, the nations process of collecting, counting and certifying the results of the president ial election. The men and women of Law Enforcement who defended the us Capital Onjanuary The 6th are heroes. They are patriots and The Very Best of us. They did notjust defend a building, or the people sheltering in it they put their lives on the line to defend who we are as a country and as a people. They defended the very institutions and principles that defined the United States. Since the attack on our capital the Department Ofjustice Has remained committed to ensuring accountability for those criminally responsible for what happened that day. This case is brought consistent with that commitment. Our investigation of other individuals continues. In this case, my office will seek a speedy trial so that our evidence can be tested in court and judged by a jury o

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Transcripts For BBCNEWS BBC 20240704

Described in the indictment that was fuelled by lies, lies by the defendant, targeted at obstructing a Bedrock Function of the Us Government, the nations process of collecting, counting and certifying the results of the president ial election. Our North America correspondent nomia iqbal joins me from outside the court. What will we see on thursday . These charges as you outlined there, the Department Of Justice believes it is held a strong case to show the former president of the us tried to select the Election Results of 2020 and essentially tried to overturn the policy. We mention one of the charges, Conspiracy To Defraud the United States, obstruct official proceedings, and others. This is the most serious Indictment Set by the donald trump basis, one of the most serious indictments the Department Ofjustice has brought against a president in terms of what they have laid out in the indictment against him. Having said that, despite the seriousness of it, Department Ofjustice has a cha

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Transcripts For BBCNEWS Asia 20240704

Americans love of lattes and iced coffee helped starbucks through the worst of the post pandemic years. But with high inflation in the us, a cup of coffee is now 5 on average. The big question for investors going into this Earnings Season was would consumers still spend money on elaborate coffees . The answer was mixed. Sales in North America grew 7 , even after the chain raised prices. That figure was below wall streets forecast. Customer traffic only increased by 1 . Most of the gains came from existing customers spending more money. Sales in china, its second biggest market, rose sharply. Same store sales increased a whopping 46 from a year ago. Starbucks remains a favorite brand among chinese consumers. The company benefiting from a rebound after strict covid 19 restrictions were lifted. But the coffee chain said that Wage Increases and investment in its cafes dragged down its overall profits. Starbucks ceo laxman narasimhan, who took over from predecessor Howard Schultz in march,

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Transcripts for BBCNEWS Asia Business Report 20240604 01:32:00

In its cafes dragged down its overall profits. starbucks ceo laxman narasimhan, who took over from predecessor howard schultz in march, hailed the progress the company was making. he still faces lots of challenges, though, including the company s response to union organizing. that s michelle fleury there. meanwhile, ride hailing firm uber reported a surprise profit of almost $400 million for the second quarter after a $2 billion loss compared to a year ago. now, this is uber s first ever quarterly operating profit. the results were boosted by gains in uber s equity investments. revenue rose 14%, but missed analysts forecasts slightly. oil giant bp saw its second quarter profits slumped 70% from a year ago, coming in at $2.6 billion and missing forecasts. this is a read line defining margins, rather, and oil trading income has fallen. energy giants have seen their profits dwindle from 2022 when oil and gas prices surged in the wake of the russia s invasion of ukraine.

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Transcripts for BBCNEWS Asia Business Report 20240604 01:31:00

Americans love of lattes and iced coffee helped starbucks through the worst of the post pandemic years. but with high inflation in the us, a cup of coffee is now $5 on average. the big question for investors going into this earnings season was would consumers still spend money on elaborate coffees? the answer was mixed. sales in north america grew 7%, even after the chain raised prices. that figure was below wall street s forecast. customer traffic only increased by 1%. most of the gains came from existing customers spending more money. sales in china, its second biggest market, rose sharply. same store sales increased a whopping 46% from a year ago. starbucks remains a favorite brand among chinese consumers. the company benefiting from a rebound after strict covid 19 restrictions were lifted. but the coffee chain said that wage increases and investment

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