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BBCNEWS World Business Report July 6, 2024



after banking shares saw sharp falls on monday. the sell off continued in asia with japan s largest banks also seeing heavy losses. shares of mufg, miz uho and smfg were all down around 8% in trading. the nikkei exchange was down over 2% overall. here in europe, we ve seen credit suisse drop another 5% in early trading. on monday, major us banks lost around %90 billion in stock market value, bringing their loss since svb s collapse to nearly $190 billion. many are now speculating the federal reserve will pause its plans to keep raising interest rates, designed to tame inflation. we re nowjoined by greg swenson, who s an international investment banker, founding partner at brigg macadam. talk to me about the perception of rate rises being not only part of the cause of this but also now the federal reserve having a rethink about what it does for the cost of borrowing given what we have seen in the banking sector. great borrowing given what we have seen in the banking sect ....

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CNN CNN Newsroom Live July 6, 2024



held lee, and. helling low just ahead on cnn newsroom. originally it was a 10, 11, 11, 1. either it s leaving in a few minutes or i ve got a couple of hours. for the next few days, don t even try to fly southwest. cnn s k file uncovers more. it s clear george santos has emotional issues. the increasing number of migrants who got desperate in mexico and decided to enter the united states illegally and are stuck here in el paso. to the people of the united states, to the government of the united states, why don t they want her here? announcer: live from london, this is cnn newsroom with max foster and bianca nobilo. it s thursday, december 29th. 9 a.m. here in london. 4 a.m. here in new york. some relief may be on the way for frustrated southwest passengers stranded at airports across the united states. it probably won t come today. the airline is struggling to recover from a week of flight delays and cancellations. a representative of the pilots u ....

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FOXNEWS FOX and Friends July 6, 2024



cold. joe: was that new jersey that s sunrise. griff: look at that gorgeous sky. that is what we call dawn patrol. [splash] griff: have enough light to see the waves out there. you can see them come in. i think i looked at the surf report. it s about 2 to 3 feet. the wind is not strong right now. i have surfed there. a fantastic place to go and surf. we now have gotten the video of your skills to demonstrate to americans of how good you are. now, you were thrown into this by the producers. and you absolutely right. perfect balance. arms out. maintaining your center of gravity and then it threw you off. you were in there for a second. on the east coast, the waves are very short, very quickly they don t last forever we would have got been a great wave. that s what i look like standing, just standing, that s me just standing. lisa: do you know what is absolutely first of all it got started before the clock. i started moving before the clock. buy but anyways i f ....

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CNN CNN Newsroom Live July 6, 2024



ahead on cnn newsroom. hundreds if not thousands of americans who are stranded all across the nation are unable to get home. i have no clothes. i have nothing. i have no way to get home. i m beyond frustrated. it hurt because i can t see my dad. i ve lived here my entire life. i remember the blizzard of 77. it was worse. anyone who declares victory and says it s over, it s still a dangerous situation to be out. announcer: live there loren done, this is cnn newsroom with max foster and bianca nobilo. it is tuesday, december 27th. 9 a.m. here in london. 4 a.m. here on the u.s. east coast where thousands of people are stranded at airports after months of arctic storms that pummelled much of the country over the holiday weekend. if you re planning to travel into the new year holiday you could be impacted. the flight tracking website flight aware shows more than 2700 total cancellations occurred in the u.s. today and of those 90% are southwest airlines fligh ....

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CNN Early Start With Christine Romans July 6, 2024



southwest. of. 2800 u.s. flights already canceled today, 2500, about 90% are southwest. challenge for our flight crews being stuck in locations not where they need to be along with the aircraft. at this point we re working to accommodate our customers as best we can and offer the most options we can. cnn s lucy kafnov is in denver. i wasn t anticipating a nightmare but it is. reporter: christmas is over but for thousands of customers the travel nightmare goes on. they canceled our flight. they said they can t help us so we don t know what to do. reporter: southwest airlines at the top of the list for cancellations. the airlines ticketing counter at baltimore s bwi airport a zoo. denver s lines for the southwest ticket counter even longer. we had to wait in a line that was four hours and it was horrible. nobody is giving us a direction on what line to get in. it s a total you know what show here. reporter: for those tlieg to call to get through, good lu ....

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