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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 CNN Newsroom With Pamela Brown October 2, 2024

Very busy morning. I need to hand it off to Pamela Brown now, but pam, no shortage of news this week absolutely not, jim. And we just want to remind our viewers that were going to continue to cover the devastation from helene, jim in the media will cover stories and their complaints. We dont stay on it will work in a stay on it because there are a lot of people suffering right now as you have been reporting on in your show, in that suffering, sadly, its going to continue for weeks, for months as these small communities continue to rebuild after almost station. Absolutely. And its going to take a lot of time and a lot of resources from the federal government, State Government Theyve got to get on it. No question about it. They do. Im actually i had Governor Beshear of my Home State of kentucky on later in the show, were going to ask kim about it because as you know, in kentucky, my Home State, there has been devastating Storm Events that have caused a lot of damage and we tab it over th ....

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KNTV NBC Nightly News With Lester Holt October 2, 2024

To thwart the attack, launching interceptors, while in the israeli city of jaffa, the deadly attack that began on a train. Police calling it terrorism. All this after israel began ground operations in lebanon, targeting iranbacked hezbollah. Our teams inside israel and lebanon. Also tonight, growing desperation in the southeast. Crews searching for survivors days after helene struck as death soared to more than 150. The urgent race to get relief into the hardest hit areas. The major strike at ports along the East And Gulf coast. Tens of thousands of dockworkers walking off the job. How it could impact the price you pay and the Supply Chain ahead of the holiday shopping season. The Vice President ial candidate ....

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