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we begin in the us in what could become the largest product liability settlement in history. the pharmaceutical s giant, johnson &johnson has proposed paying almost $9 billion to settle tens of thousands of lawsuits that allege the company s talcum powders causes cancer. the new move seeks to resolve all current and future claims and follows a decade long legal battle between plaintiffs lawyers and johnson & johnson. my colleague samira hussain with the details. johnson &johnson johnson & johnson has johnson &johnson has been dogged for use by claims that its talcum powder causes cancer. in 2021 it settle a lawsuit in newjersey brought by 21 women who blame the company for that very cancer and is set aside another 2 billion to try to settle all future claims in what could add up future claims in what could add up to thousands of lawsuits. now the company says it will increase the potential size of all settlement to 8 $.9 billion. the company stopped selling it talcum p ....
germany s public transport network will be at a near stand still today as two of the country s largest unions strike in an ongoing dispute over pay. workers walked out shortly after midnight for 2h hours. two of the country s largest unions which are demanding significant pay rises for their workers want to increase the pressure on employers ahead of another round of negotiations. there ll be all but no trains, planes or ferries in operation after workers walked out, and motorists have been warned that staff who maintain motorways and repair road damage after accidents are also on strike. damage after accidents let s are also on strike. talk about the impact of all let s talk about the impact of all of this. joining me now is christian schulz, deputy chief european economist at citi. they seem huge. what sort of impact will the strikes today across germany? impact will the strikes today across germany? well, good morning- across germany? well, good morning. every ....
NLC President, Joe Ajaero: On Minimum Wage, Corruption, and the Power Sector naija247news.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from naija247news.com Daily Mail and Mail on Sunday newspapers.
Deal for you. dana: one of the things that we ve been seeing this week is here is bernie sanders on cnn on something not a new problem to america but one the president has to grapple with. we have made real progress in a number of areas but the reality is that today 60% of our people are living paycheck to paycheck. dana: here is this. call for number four. wage demand. an average full-time offer at 69,000. that s up 14% in the past year. the problem is if you look at number six. wages versus inflation change. wages barely keeping up with inflation and for the first two years the biden administration not at all. people remember that and feel it and they don t have savings. yeah. for real. look, i would just say listening to bernie, bernie s macro works. every elected official is macro works. ....
World, perhaps even more so, we have had what we had supply driven inflation so inflation caused by external factors, weighing down on demand. again, weighing down on demand. again, we are at a turning point where inflation is starting to be driven by demand so inflation that actually reflects a strong economy, perhaps a too strong economy. we have seen that wage deals where wage demand is higher than the previous one and the settlement is higher. we sometimes have double digit increases in wages right now. the public sector is in the final stretch of the negotiations. they are demanding 10.5% and they may get that and that will drive up inflation which is why the european central bank is hiking interest rates which again is a problem for the economy so in the short term, i think we should be quite optimistic, higher wages, ....