cnn newsroom. we re grateful to you have this afternoon. i m boris sanchez. hi, everyone. it i m jessica dean. political lines deepening, law enforcement preparing for what would be a first in american history. the criminal indictment of a former president. the key witness in a case against donald trump is expected to be challenged today before a grand jury in new york. a former legal advisor to michael cohen telling cnn testifying at the request of donald trump s attorneys. look at video of costello arriving at the courthouse moments ago. robert costello saying he ll offer evidence that contradicts cohen. cohen, who once labeled himself trump s fixer said he paid adult film actress stormy daniels $130,000 in the weeks before the 2016 election for her silence on an alleged affair with donald trump. now, that was a campaign finance violation, as cohen lied on forms to cover up that payment. in 2018. you may recall. cohen cut a deal with federal prosecutors and adds mitte
Hour as yourfriend. We will stand with you in solidarity, we will stand with your people. This is not merely our battle. Its batlle of entire civilized world. Aid agencies warn gaza is in need of far more aid than promised so far. The un humanitarian chief says, about 100 lorries will be required every day. Frustration as trucks loaded with supplies remain stuck at the Border Crossing point with eygpt. The families of some of the hostages make another appeal. Israels military says 203 people are now thought to have been taken by hamas. They are innocent civilians, innocent they are innocent civilians, innocent children, in hard conditions, they need to be released, and released now. More on all of that in a moment or two, but first, lets catch up with the Business News of the day. Good afternoon, lukwesa. Thank you, matthew. We start in the us where the head of the central bank, is due to speak in the next hour and markets will be the next hour and markets will be hanging on every word
After investing $24 billion in three major acquisitions earlier this year, Bristol Myers Squibb Co. said April 25 it would cut 2,200 employees and discontinue 12 programs in an effort to save $1.5 billion and put the company on track for growth by the end of the decade. The number of jobs lost represent 28% of all biopharma jobs lost so far in 2024 – 7,834, as announced by 82 companies. There were 17,424 jobs lost at 185 companies in 2023 and 18,500 jobs lost at 123 companies in 2022, according to BioWorld data.