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Transcripts For BBCNEWS HARDtalk 20240706

another area of concern is the labour market, which while still strong is showing signs of cooling. so what will america s central bank do and say? the bbc s michelle fleury reports from westchester, new york. losing momentum after nine rate hikes in the past year. the federal reserve s efforts to cool the us economy are having an effect. this is a chain that you ll see on like roller shades and vertical blinds. something bill, who runs a family owned manufacturing business in westchester, new york, is seeing first hand. right now, we re expecting some softness in the marketplace for probably six months or so. we re seeing a lot of softness in the marketplace as far as demand the commitment in terms of like long term blanket orders with customers. we re not seeing that either right now. so we re having some challenges with that. american businesses are pulling back on spending and hiring. the housing market is slowing both areas sensitive to changes in interest rates. and mor

Tesla retreats from next-generation gigacasting manufacturing process, ET Auto

Tesla, amid falling sales and increasing competition, has abandoned plans for an innovative one-piece gigacasting manufacturing process. Initially aiming to revolutionize manufacturing and reduce costs, Tesla has opted for its more traditional three-piece method for vehicle underbodies. The decision underscores Tesla s strategic pivot towards self-driving technology over massive EV sales growth, reflecting recent layoffs and executive departures. This shift also comes after the cancellation of the Model 2 and signals a more conservative approach to production innovation.

Transcripts for BBCNEWS HARDtalk 20240604 22:40:00

attracted consumers and the use of mobile apps providing convenience. you canjust go mobile apps providing convenience. you can just go down to the stall without take you and take orders. that was a fascinated look at the coffee chain landscape in asia, nathanael lim thank you forjoining me on the programme. great to get your thoughts on asia business report. and for ford motor co on tuesday posted robust first quarter revenue and profit, thanks to strong demand for trucks and suvs, but issued a measured full year outlook tempered by continued losses in its electric vehicle unit. in a late briefing, ford chief executive officerjim farley said he hopes the company becomes boringly predictable at meeting farley also said ford does not intend to pursue ev sales volume at any cost after the auto maker earlier in the day slashed mustang mach e prices for a second time this year.

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