Nearly nearly 500 points as recession fears re emerged. Both the s p 500 and the tech heavy nasdaq also closed in the red. The report cards of tech Giants Amazon and apple didnt do much to lift the mood either. Our North America Business Correspondent Michelle Fleury has more on what sparked that sell off. Not even arm is on could lift wall street out of its function as in the E Commerce Shine fell after reported sales grew 10 to 148 billion. That mark the slowdown from the prior quarter and its forecast further weakening in the months ahead. It wasnt the only take from either her results left investors with a sour taste. Intel Stock plunged after the chipmaker said it plans to cut 15,000 jobs and announce disappointing results. And sales psychosocial Media Company Snap, the only bright spot was our pool which reported solid revenue despite a drop in iphone sales. Wall Streets jitters started even before big tech earnings came out, the dow fell nearly 500 points after weak economic dat
of ancient life on mars, as it sends back its first pictures of the planet s surface after a successful landing uber loses its case at the uk supreme court, which ruled that drivers should be classed as workers and not independent third party contractors a 20 year old woman becomes the first protester to die in the anti coup demonstrations in myanmar, after she was shot in the head and millions of texans are still without water and electricity in extreme sub zero weather conditions while their senator ted cruz flew to mexico for a family holiday hello and welcome if you re watching in the uk or around the world. borisjohnson will pledge today to donate the majority of the uk s surplus covid vaccines to developing countries. the british prime minister is chairing a virtual summit of the g7 nations where he ll encourage other leaders, including us presidentjoe biden, to follow suit. our global health correspondent, naomi grimley reports. more and more britons are getting th
meaning of the results. but it s not the meaning of the results. but it s not the only meaning of the results. but it s not the only way - meaning of the results. but it s not the only way or necessarily the best. a recent poll suggests that of of the 15 most successful democracies, nine are monarchies. the founding fathers rejected aching, but many europeans feel aching, but many europeans feel a royalfamily is an aching, but many europeans feel a royal family is an asset. i am living washington on a royal mission as the uk has a new king, charles iii. iwant mission as the uk has a new king, charles iii. i want to king, charles iii. iwant to find king, charles iii. i want to find out how other royal families, many of them king charles relations, managed to stay relevant in the 21st century. i will be mixing in royal circles. how was it? and visiting palaces. visiting palaces. you can t walk past visiting palaces. you can t walk past that visiting palaces. you can t
welcome to world business report, i m mark lobel. we start here in the uk where the business lobby group, the cbi, is facing a second allegation of rape by a woman, who claims she was sexually assaulted by two male colleagues. the guardian newspaper reports, the alleged attack took place when the woman was working at one of the cbi s overseas offices. the city of london police is already investigating claims of a rape, at a cbi summer party in 2019. let s go through the latest developments with our correspondent marc ashdown who joins us now. we are getting a growing list of business organisations who are cutting ties with the cbi or pausing, they have around 190,000 businesses who are members and the insurance giants aviva and zurich were the first to do that. the likes of asda, shell, natwest, they have pause relations, and john lewis has terminated its membership as well. these follow fresh allegations today with a second woman claiming she was raped when working for cbi
up early on way too early. morning joe starts right now. relief. excitement. joy. i m very proud of our fellow kansans. we were telling people in neighboring states that their rights were no longer intact. they had to flee their states to get care. the cards were set against us from the start. as a husband i do not look forward to trusting the legislature to protect the rights of my wife. we re avoiding a huge horror that would have come to kansas. one of the things i heard, you may be against abortion for yourself, but you can t be against it and make it for someone else. this is my life on the line, too, is this my right. tonight, we get to say to kansans, you can still get care here, you re still recognized and make your own medical decisions. reaction from kansas last night, as voters turned out in high numbers to protect abortion rights in that conservative state. it was the country s first best of the issue since the supreme court overturned roe v.