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Transcripts For BBCNEWS Business Today 20240612



the fight to be the world s most valuable company heats up, after apple announces new ai tools on its devices. and how long can you survive without your smartphone? we put a group of british teenagers to the test. hello and welcome to business today. i m arunoday mukharji. apple shares have surged to a record high, after it unveiled new ai tools. the tech giant is now valued at $3.18 trillion, just behind microsoft which remains the world s most valuable company. from new york, erin delmore has the details. investors have been waiting for months to see how apple would embrace ai and propelled many other tech trains to big market gains. on monday they got their answer, a partnership with openai. and chatgpt powers for cre plus some enhancements like proof reading and writing help and ai generated images and emojis. and even though the news came on monday, it was not until tuesday that the market rewarded apple s efforts. on monday apple shares actually closed down around 2%. but on tuesday, shares ended the day up 5% to around $203 per share. that is a new record high for apple, better than december. those new ai tools are only available on newer models of apple products like iphone 15 pro the older series won t do it neither will the base model and i ve max will need to have apple preparatory and one chip or newer. and that if suitors are betting that consumers will upgrade their devices to take advantage of the new tools which would lead into mower sales for apple. staying with al investments. shares in oracle havejumped by as much as 11 percent after it announced cloud deals with google and openai. it comes despite the software giant s fourth quarter results fell short of expectations. oracle is trying to catch up with cloud giants like microsoft who are seeing rapid growth as a result of tie ups with openai. elon musk with jawed lawsuit against open ai, the case accused the ceo of abandoning the original mission of the start up of developing artificial intelligence for the benefit of humanity and not for profit. no reason was given for the request to dismiss. policymakers at the us central bank are in session to decide on the cost of borrowing. the fed is expected to hold interest rates steady. inflation data is also due, but could that sway the fed s rate cut decision? let s bring in david chao, global market strategist at invesco. he says asian countries are in a good position to deal with any decision. we have seen some depreciating pressures in cases like japan with the currency given the interest rate differential and certainly all asian central banks are waiting with baited breath for the fed to cut rates. at the same time, i think that asian economies are on a much better suited this time around with their external buffers that can withstand some of this pressure, but certainly, rates are too high in asia in places like korea and thailand and they should have been cut already. if it wasn t for that. we are counting down to the us presidential elections and i want to get your thoughts. how do you think given the political scenario there, how are the politics likely to play on the economics going forward? from the market perspective, we have done crushed analysis and there is no rhyme or reason in terms if a democratic president or republican president is in the white house, what that means for asian markets. asian markets have largely shrugged this off. so let me say that heading into the presidential election, there could be a few jitters with asian markets, but we think it is mostly a near term phenomenon. certainly president trump has previously said that he is going to increase tariffs against places like china and also other places around the world. that certainly would not be conducive to trade. whereas, joe biden has shown that he is more strategic when it comes to trading partners. so i think it is something that we are keeping a close eye on, but we are not worried from a long term perspective in terms of the impact it will happen asian markets. india will continue to be the world s fastest growing large economy according to the world bank. the world s most populous nation is in the midst of a slowdown but is forecast to grow by 6.6% this year. the world bank says indonesia and vietnam are also likely to be bright spot among major economies in asia. singapore airlines said compensation offers to passengers on a flight that landed in a severe turbulence. dozens were injured and one person died. passengers with minor injuries have been offered $10,000 while those with serious injuries had been told that his can be discussed. how common is that? i put a question to alice taylor. it is an unusual circumstance and i guess to give singapore airlines their credit, they have been very proactive in putting out very generous compensation they are. it is one of those things where if you are in a major incident where there is composition that is there. but what we are seeing this with the larger airlines, they will top on amounts of that. and singapore airlines has done so previously, they have been quick to give payouts and above the limits. so it could be something we could see more of. we are hearing that turbulence is going to be more common going forward given climate change and other aspects. does this set a precedent, what about other airlines, will they be able to do the same? it goes down to, as more airlines come forward and give very generous payments when there is an incident or accident, it raises the benchmark quite a bake and comes something that globally the interesting works towards. the industry works towards. so i think we will see these payments become a little bit more normalised and a bit more generous compared to what you may have thought of before. really, it will depend on how isolated these incidents are. the opposite may also happen where if severe turbulence happens more often that the airlines may look to actually reduce those payments just because it becomes a bit more part of what is involved in travelling. how long can you last without your smartphone? a few hours? a day? well, we ve followed a group of british teenagers to see how they cope without their smartphones for five whole days. it s fair to say some teenagers are pretty glued to their phones. ok, guys, point of no return. thank you. but this group of students are doing the unthinkable, locking them away for almost a week. you said your goodbye. yes. no tik tok. no snapchat. no whatsapp. so, guys, these are your new mobile phone instead that we re using these for the next five days. the only way of communicating texts and calls. i want a nokia. i don t like it. they re going to have to learn a whole new set of skills for the next week to be able to adapt and continue their life as close to what it used to be. but with that mobile phone underpinning most of their activities, it s going to be a real challenge. it s like having a comfort item and interest goes. hat it s like having a comfort item and interest goes. not knowing what is going and interest goes. not knowing what is going on and interest goes. not knowing what is going on on and interest goes. not knowing what is going on on a and interest goes. not knowing what is going on on a group - what is going on on a group chat what is going on on a group chat makes me think what i m missing chat makes me think what i m missing out on. chat makes me think what i m missing out on. usually before i no to missing out on. usually before i go to bed missing out on. usually before i go to bed i missing out on. usually before i go to bed i watch missing out on. usually before i go to bed i watch disney - i go to bed i watch disney plus for an i go to bed i watch disney plus for an hour i go to bed i watch disney plus foran hourand i go to bed i watch disney plus for an hour and then i go to bed i watch disney plus for an hour and then drift - i go to bed i watch disney plus for an hour and then drift off. i for an hour and then drift off. since for an hour and then drift off. since then for an hour and then drift off. since then i for an hour and then drift off. since then ijust for an hour and then drift off. since then ijust gone - for an hour and then drift off. | since then ijust gone straight to sleep since then ijust gone straight to sleep and since then ijust gone straight to sleep and it s since then ijust gone straight to sleep and it s weird. - since then ijust gone straight to sleep and it s weird. i- since then ijust gone straight to sleep and it s weird. i feell to sleep and it s weird. i feel much to sleep and it s weird. i feel much better. will s journey home takes over an hour. this is a service to actually have campus, a tram first, then a bus. so in terms of not having a smartphone, it makes it more difficult because i can t check the timetable. and when they say it s been delayed or something, i could at least ring my dad and ask for a lift, you know? will s mum allison admits not being able to use family tracking apps like life360 is a hindrance. but she s noticed big changes in her son just three days into the detox. actually, quite nice seeing you without headphones. don t see you that much normally. no. i think it sjust become the norm. whereas actual social interaction does require you to put these things away and engage a little bit more. five days later, it s the end of term and time to get those smartphones back. maybe i ll put my phone away in the car and i ll put my phone away, like when i m around my friends. but in general, like, going on to tik tok everything, i m still going to do that. like, ifanything, i m going to do it more now. i think it s been pretty difficult without a smartphone, but i ve managed to get through it all right. i ll try and use less tiktok, that s for sure. i know my screen time is quite high on that. judging by their initial reaction, perhaps the students aren t quite ready to give up their smartphones entirely, but the detox might start to slowly change their habits. christian johnson, bbc news. a quick look at more world news. game stop has raised around $2.14 billion from a share sale programme. retail investors have turbocharged the stock after influencer roaring kitty doctor up the shows following his highly anticipated return to youtube. she has a so called mean stock up she has a so called mean stock up by she has a so called mean stock up by 5%. joey jaws chestnut has been told he cannot take part in america s premiere hot dog contest. it comes after the competitive eating star struck a sponsorship deal with vegan brand impossible foods. chestnut has been removed from next month s nathan s hot dog eating contest in new york. nathan s and impossible are direct competitors in the hot dog space. and that s it for this edition of business today. thanks for watching. hello and welcome to sportsday with me, marc edwards. raising the bar italy s olympic champion gianmarco tamberi thrills home fans by taking highjump gold at the european athletics championships. erik staying hag, the dutchman will remain as manager of manchester united following a post season review. and still in with a chance, pakistan beat canada as they live to fight another day at the t20 world cup.

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The Lead With Jake Tapper

American administration s constant slowing down. israel coupled together, made for a very slow and prolonged war. this is not good. we should get it done with this sooner. do you believe that netanyahu is prolonging this war to stay in power as president biden seems to suggest this is possible i truly hope that that s not the case that he s not injecting political personal considerations. i would hope that that s not the case factually. it is being conducted. the war is being conducted way, way too slowly. so you hope it s not the case, but do you suspect it is again, i am not in the brain of mr. nathan. you and all i can look at the actions i can see that wars are won with decisive continuity you can turn on and off the switch i was a fighter

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Transcripts for FOXNEWS FOX and Friends Sunday 20240604 12:55:00

pat on the back you deserve it. i ve been working for them for five years to see what they do every day behind scenes just to support our first responders, military, and veterans, it just means the world it is the least we could do and it was just great from all of our friends and family who have supported us with donations. you know, we had to climb these stairs. adam: did it get competitive? were you guys talking a lot of trash in the office who did the best who was the slowest? i need the deets. nathan won. spill the tea. what time was that? i don t know the exact time. but for everybody yeah i think i did. we were on the 94 floor and burned right past us. okay. so how do question feel do you think this is something you ll do again another year? for sure. absolutely. absolutely. love it. so we ve got a whole bunch of absolutelies in one like i m done for. i m going to join you guys maybe next year because i want to do it. i want to sweat it out.

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A space that's inviting and clean – and 167 years old

East Flamborough Township Hall has been restored by owners and brothers Andrew, Nathan, and Nick Brown and their spouses

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Transcripts for MSNBC Dateline 20240604 06:14:00

Coming back and stood in the doorway, and when the door open, denise tried to take her coat off and he shot her in the back of the head. then they then drove denise s card to the same park and hopped back in his car and drove to starbucks, arriving at 12:45. 1245, 12:50, five minutes. long enough to be on the camera. long enough they said for nathan to wash his hands to get the gunshot residue off, then leave to start his afternoon errands before picking up janel from day care. three::00 the defendant return home and want you to believe he sees the door open and glass. that s the extent of his knowledge. then he calls the police. he knew full well when you called the police what they would find. from our perspective, that s what makes it so disturbing. the cold and calculated manner he did this. one of the first officers to steps 25 describe the scene at the house just after nathan called 911 that day.

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Transcripts for MSNBC Dateline 20240604 06:19:00

Prosecutors said that gave nathan the opportunity to kill denise. now, they had to explain why he did it. they called this man to the stand who said he could answer their resize question because nathan told him everything. would you state your name? david smith was a fellow inmate of nathan s at the jail. he said nathan told him he researched ways to kill denise on his laptop. he talked how he was planning to kill his wife? well, at first he told me he was thinking about poison, with some insulin or potassium or something. according to the end, nathan said he ran a lot of errands the day of the murder to create an alibi. he told me he presented some valentine s day gifts to his wife, and so everything would look fine. how important was david

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Transcripts for MSNBC Dateline 20240604 06:30:00

Question or she would say something he didn t like, he would laugh and throw his hands up in the air. prosecutors had another bit of evidence. a secret that shook the courtroom. it challenge the core of nathan s defense that denise was at the center of his life and he would never hurt her. it was a gutwrenching note written by denise, discovered tucked in her day planner. in a murder case, you do not have the victim. you never get to hear their story. that person is dead, and here we had a note that she had written that laid the whole thing out. a highly personal, painful note, was obviously aimed at nathan. the police investigator read it in court. i tried to please you for 17 years and never succeeded. i have never been good enough, never done enough. i know you want me dead. i m not stupid. denise seemed to confirm that she believed her husband was having an affair.

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Transcripts for FOXNEWS The Ingraham Angle 20240604 08:21:00

nathan the white house did issue new sanctions on israeidl though. they did announce that they re targeting steel ta. t not thns they re targeting steel and drone companies as wele l as 16 individuals, but not the nation s largest export oila . so why do you think they would hold back on a real and not do something that would actually deter iran? well, these half measures n abilentirely symbolic. they re not going to do anything to constrain iran s abilitmischiefy to create mischf across the middle east. if you want to seriously iran, you ve got to impose sanctions on their chief export. you vehit theiergy got to hit ty sector. that s exactly what we did in the trump administratio fasts but fast forward to the biden years in the pasas been t three and a half years past three years, iran has been ove e to sell over $100 billion worth of oil. bombs, anow that can buy a lotfd of bombs, a lot of drones, a lot of missiles, and can be used to fund a lotd th of terrorist groups that threateatn americans aroun

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Transcripts for FOXNEWS The Ingraham Angle 20240604 08:22:00

The world and that threaten israelis. and so o the fact that they re t imposing sanctions on drones, i mean, my jaw hit the floore ha when i heard that because not too long agoce this white house had the chance to snap back u.n. sanction progrs, irane drone program. but it was a swing and a mis on they just let that one go. so a half measure like this, when they actuallyan hadbu something in place that made it illegal for iran to sell dronems or to buy nations from russia, that s the way to iran, nottiol these half measures. and not to mention if downyd ohion oil and suppl suppl goes down and demand pricesesn go up in an election year ant we all. joe doesn t want that right now, unfortunately. jim, we got to leave it right there. nathan, thank you both very muchhan,co. lumb crisi at columbia university, once again, in crisis, anti-israel student protesters continue for a third day as anti-semitism rat runs rampant. will there be more arrests tonight? we ll get an updat e the ground next.

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