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Transcripts For BLOOMBERG Bloomberg Markets 20240713

Could you suggest which specific areas of the country could have guidelines relaxed . Trump i think there will all Start Talking about that in a few minutes, tony will talk about it, but cant say lets close. People dont want to close. I say it again and again. The reason i do is that i want you to report it eventually. Reporter when you talk to president xi tonight, what do you want to talk to him about . President trump it is his call. I think we will have a beautiful call. It is tonight at 9 00. We will be talking about the virus. Reporter the market rally again, up over 4000 points in the last three days, largest increase since 1931. The Economic Activity has passed . President trump no, it has not passed but it has come along way. They think we are doing a really good job in terms of running this whole situation in terms of the virus. I think they feel that the administration, myself and the administration, are doing a good being very important in keeping people informed, because t

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Transcripts For DW Business 20240714

Wont vote on the measure claiming it would be disastrous for businesses. These restaurant employees demanding their 15. 00 an hour after the democrat controlled house approved the minimum wage increase the raise the wage at gives up to 33000000. 00 americans a long overdue rate 33. 00. Congressional analysis suggests boosting the minimum wage to 15. 00 an hour by 2025 would lift 1300000. 00 people out of poverty for the same analysis says it would cost around the same number of people that jobs with employers unable to pay them 7. 00 states have taken matters into their own hands promising to achieve a 15. 00 an hour minimum by the middle of the next decade but democrats insist the federal level change will come this is a promise made and today a promise will be kept. Keeping that promise when b. S. E. With republicans dead set against the idea democrats will need to win a majority in the senate in next years elections. In skordas our financial correspondent in new york yes the debate

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Transcripts For DW Business 20240714

Wont vote on the measure claiming it would be disastrous for businesses. These restaurant employees demanding their 15. 00 an hour after the democrat controlled house approved the minimum wage increase the raise the wage act gives up to 33000000. 00 americans a long overdue rate 33. 00. Congressional analysis suggests boosting the minimum wage to 15. 00 an hour by 2025 would lift 1300000. 00 people out of poverty but the same analysis says it would cost around the same number of people that jobs with employers unable to pay them 7. 00 states have taken matters into their own hands promising to achieve a 15. 00 an hour minimum by the middle of the next decade but democrats insist the federal level change will come this is a promise made and today a promise will be kept. Keeping that promise wont be easy with republicans dead set against the idea democrats will need to win a majority in the senate in next years elections. In skordas our financial correspondent in new york yes the debate

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Transcripts For DW Business 20240714

Utility industry get ready to pedal and accelerates to 80 kilometers an hour. Im going to get jones welcome to the of business starting with the latest news from boeing the plane maker is to spend almost 5000000000. 00 compensating airlines that have been affected by the grounding of the 737 max the model had its Regulatory Approval withdrawn back in march after it was involved in 2 fatal crashes linked to Faulty Software thousands of flights were canceled as a result boeing which is also facing dozens of lawsuits brought by Crash Victims families is due to announce its Quarterly Earnings next week. But here on the ground b. M. W. Has a new c. E. O. Last night the comic is a Supervisory Board promoted production chief all about substitute chief executive officer of a manufacturing expert is expected to help the german car maker make the shift to electric and self driving cars and to tackle new competition from technology giants. The new boss is a familiar face all of it sips is already

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Transcripts For DW Business 20240714

The business now 1st german automaker b. M. W. And chinese Online Gaming giant 10 cent holdings are teaming up to launch a Computing Center in china that will help develop a self driving cars in the worlds biggest autumn market the 2 Companies Made the announcement just today now this comes as b. M. W. Promoted production chief all about sips to chief exits executive office the manufacturing expert is expected to help the german car maker should make the shift to electric and self driving cars and tackle new competition from technology giants. The new boss is a familiar face all of it sips is already a member of the executive board and was previously the head of production and hes got his work cut out for him he has to move faster especially in the development of electric vehicles. W. Is behind di miller v. W. And others when it comes to electric cars. They really need to get moving in electric and Battery Powered vehicles. But b. M. W. Can hardly shoulder the Enormous Development cost

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