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BBCNEWS Business Today October 2, 2024

And what would you do with a spare 25 Billion Euros . Thats the question facing the irish Government Today as it delivers its budget following a huge Tax Windfall from Tech Firms. Live from london, this is business today. Im lukwesa burak. We start in the us where in the last 30 minutes tens of thousands of East And Gulf Coast Port workers have started striking for the first time in nearly 50 years. This comes after the international longshoremen s association and the us Maritime Alliance were unable to reach an agreement on the terms of their contract. The strikes will halt trade in a wide range of goods and disrupt the Countrys Economy just as we enter the final weeks before the president ial election. Our North America Business correspondent Ritika Gupt the two major sticking points between international longshoreman ....

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BBCNEWS Business Today October 2, 2024

The two major sticking points between the international longshoremen S Association and us Maritime Alliance are wages and automation. Workers are unhappy with the current contract, which spanned the pandemic, when Dock Workers stayed on the job and endured months of soaring inflation on automation, the Union Boss has been warning Dock Workers that their jobs could be replaced by machines. In response, the us Maritime Alliance has said its offering to keep the current ban on fully automated equipment. A strike could cost the us economy 5 Billion a day, according to Jp Morgan analysts. A range of Goods Flow through the East And Gulf coast ports, everything from raw materials and pharmaceuticals to clothes and toys, with the ports accounting for more than half of containerised imports. While consumers may not feel the impact of the strikes right away, if it extends for weeks, it could lead to shortages and higher prices ahead of the pres ....

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BBCNEWS Business Today - NYSE Opening Bell October 2, 2024

0ur Correspondent Michelle Fleury is at the Port Of Newark in newjersey. Tell us what s going on there and all along the coast. We know the strike is about wages and automation, what s going on with the talks . Right now theres not much going on on on the docks, normally you might see some of the grains over their moving, containers being loaded, and off loaded from giant containerships, but all of that stopped at midnight last night. That is when the Master Contract between the union workers and the us Maritime Alliance expired, and the fight over wages and automation continues to rage and there is little agreement between them on this issue. So right now we are one of the Picket Lines here in newjersey, where workers have gathered short while ago, they stood in a long line singing, no automation, no automation. And we ve heard from the White House in the last few hours ....

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CNN Laura Coates Live October 2, 2024

We start with breaking news tonight. Israeli forces are now entering lebanon they are carrying out what they call a limited Ground Operation. It is a major escalation, one that is renewing fears that iran could now be poised to step in the pentagon tonight, that to deploy additional us troops and fighter jets all the region in response. So far we know that the idf says its Targeting Hezbollah in Southern Lebanon. The announcement comes just hours after israeli raids and Artillery Fire was reported across the border, airstrikes also hitting inside of Beiruts City limits for the first time since october 7, mr. Short time ago. We saw a projectile over the Night Sky in tel aviv. Now its unclear where it came from. The G ....

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CNN CNN News Central October 2, 2024

Remarkable individual, remarkable. He still is remarkable indictment, happy birthday, mr. President. Thanks to our panel. Thanks guys for joining us as well. Im kasie hunt. Dont go anywhere. Cnn new central starts right now overnight. Israel launches a Ground Incursion into lebanon this morning. New reports on how far they will go in the White House response. Also breaking tonight Tens Of Thousands of workers at ports across the country have walked off the job, stopping the flow of countless good that igniting fears. This could set back the economy let me and potentially spike inflation and say it with me, friends. Its Debate Day in america. Once again, the first and only Vice President ial debate. This its Election Season is tonight and possibly the final debate of the ent ....

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