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Transcripts For BBCNEWS Business Today 20241004

A question about whether or not there would be any improvement on retirement benefits that were offered in healthcare but perhaps, biggest issue of all was automation. When i was at the picket line earlier this week at the port of newark, one of the busiest on the east coast, there were lots of signs. People say automation doesn t feed families. There was a lot of anger and concern that essentially that advanced technology would replace them and theirjobs. And that is what they saw this fight primarily being about. So the question is, will they be any progress between now and january 15? i have reached out to the union but haven t heard back as to kind of whether there has been any movement on this key issue. The strike carried out for two three days, is there any way of knowing how much damage that caused? at this point, some of the damage would be things like perishable items. I was going to talk them next week because he estimated he run out by about monday or tuesday. Luckily, th ....

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Transcripts For BBCNEWS Business Today 20241004

Were offered in healthcare but perhaps, biggest issue of all was automation. When i was at the picket line earlier this week at the port of newark, one of the busiest on the east coast, there were lots of signs. People say automation doesn t feed families. There was a lot of anger and concern that essentially that advanced technology would replace them and theirjobs. And that is what they saw this fight primarily being about. So the question is, will they be any progress between now and january 15? i have reached out to the union but haven t heard back as to kind of whether there has been any movement on this key issue. The strike carried out for two three days, is there any way of knowing how much damage that caused? at this point, some of the damage would be things like perishable items. I was going to talk them next week because he estimated he run out by about monday or tuesday. Luckily, the cause of the strikers lasted two days and people had the chance to anticipated, the damag ....

Dock Workers , Pay Offer , United States Maritime Alliance , Tens Of Thousands , Retirement Benefits , Negotiating Table , Picket Line , Port Of Newark , East Coast , Doesn T Feed Families , Haven T , January 15 , Monday Or Tuesday , Port Strike , Mobile App , European Union , Vote Passes , Oil Pricesjumped , Oil Industry , Middle East , Missile Attack , Oil Producers , Kelvin Tay , World War Ii , Don T , 30 Million ,

Transcripts For BBCNEWS Business Today 20241003

Im nowjoined by our North America Business correspondent ritika gupta. What is it that markets make of what they are saying . They are nervous because they dont know whats going to happen next. Yes. The mood of nervousness. Little change now but losses off the back of those Middle East tensions. There is a dent to risk appetite. Markets dont like Uncertainty And Risk now is can this respondent is this going to blow into wider war. One of the sectors that is bucking the trend and going higher Todays Energy stocks and that is off the back of oil as you mentioned. It was up as much as 3 today and continuing again from yesterday over Supply Disruption concerns. Yesterday we saw some of those
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