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financial news with aaron. and world business report. a new clear nightmare $3 billion wiped off the value of the japanese tech giant toshiba, after it buys a us power business that turns out to be not so powerful. beating the giants at their own game we visit the man who couldn t wait for the electronics industry to come up with usable smart home solutions so, he built his own. welcome to world business report. i m aaron heslehurst. well, happy. what do you say between christmas and new year? anyway hopefully we have a bite size look at finance. shares of the japanese technology giant toshiba took another massive hit this morning falling 20% that s the maximum allowed before the stock exchange suspends all trading. the value lost off the company today is nearly $3 billion. this follows a 12% drop on tuesday. and it s all to do with a not so good purchase toshiba made in the us nuclear power industry. mariko 0i is in our asia business hub in singapore. good to see ....
a dodgy situation. dieselgate two? or just a misunderstanding? us watchdogs accuse fiat chrysler over its emissions software. the boss calls it absolute nonsense. plus, is it a console, ora hand held? nintendo takes on sony, microsoft and mobile phones with its new hybrid device. but can it convince gamers to switch? welcome to world business report. i m aaron heslehurst. we will be talking to a tech guru about that latest nintendo gadget in a moment. but first: we start in the us, where car giant, fiat chrysler, is denying it faces its own dieselgate scandal, just a day after volkswagen was fined more than $4 billion for cheating emissions tests. the us regulator, the environmental protection agency, is accusing fiat chrysler of failing to disclose emissions software, at least eight different types, installed in thousands of its diesel vehicles. it says the software allowed the cars to exceed pollution limits, and pump out higher levels of harmful nitrogen dioxide. ....
continues we will tell all. and the inside track on donald trump s business week later. you can get in touch with the programme using the just use the hashtag #bbcbizlive. we start in the us where car giant fiat chrysler is denying it faces its own dieselgate scandal just a day after volkswagen was fined more than $4 billion for cheating emissions tests. the us regulator the environmental protection agency is accusing fiat chrysler of failing to disclose emissions software, at least eight different types, installed in thousands of its diesel vehicles. epa says the software allowed the cars to exceed pollution limits and pump out higher levels of harmful nitrogen dioxide. but the company s boss says it did nothing illegal. so how big could this be? the investigation involves thejeep grand cherokee suv and dodge ram pickup made in the last three years. that adds up to more than 100,000 vehicles the vast majority sold in the us. the epa says fiat chrysler could b ....
sores more than 300 points that say surge to an all-time record fueled by glowing reviews of president trump s congressional address. he kept a low profile today tweeting nonl all caps, thank you, no bragging or twitter rants just two words from his personal account. 47 million people tuned in to watch the pruz president s address and he put a lot of asks acts on the table, haej healthcare, immigration, tax cuts, on and on and today the rubber met the road. meeting with republican leadership to turn all of those words and promises into actual action. we re just here to start the process. it begins as of now and we think we re going to have tremendous success. david purdue was in that meeting and he s out front tonight i m going to speak with him i want to begin with jim acosta he is at the white house and uncharacteristically to say the least, quiet day for president trump. that s right pu white house officials from the president on down are still slating after last nigh ....
revealed that a senior u.s. diplomat has been having conversation with north korean counter parts, another sign that the trump administration is quietly trying to calm this down. joining us now, john bolton. good evening, ambassador. seems like we ve never been closer to it nuclear brink than we are now. is that a correct statement? we re at a crisis point because of the advances that north korea has made in the last eight years, so donald trump inherits 25 years of a failed policy of negotiating north korea out of these programs and his options are few and not very good. what is interesting is the regime and the threat of nuclear terrorism against our country. without looking backward for too long, do you see the way that some of the administrations, particularly the clinton administration, giving money to north korea, and then the parallel of the obama administration giving money to iran, do you see that the appeasement that seems to be going on is only to our detrimen ....