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BBCNEWS Business June 7, 2024

we start in the us, where the british tech tycoon mike lynch has been cleared of fraud charges in a san francisco court. once hailed as a uk bill gates, mr lynch was facing fraud charges over the $11 billion sale of his software firm, autonomy, to hewlett packard back in 2011. mr lynch had been accused of inflating the value of his firm ahead of the sale a jury has found him not guilty on all counts. our north america business correspondent erin delmore has the details. when autonomy was sold to hewlett packard 13 years ago for $11.1 billion, it was one of the top 100 public companies in the uk. the sale marked the la rgest ever takeover of a british technology business. but hewlett packard later wrote down the company s value by more than $8 billion, leading to criminal charges that mike lynch had defrauded hewlett packard by inflating the value of autonomy. the businessman was extradited from britain to the united states to stand trial on the charges, which could ha ....

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FOXNEWSW The June 7, 2024

for joining us. biden on the cliff is the focus of tonight s angle. it was a beautiful, somber setting in france to commemo commemorate 80th anniversary of d d-day today. the biden team hoped remarks would resonate with voters back home, showcasing him as a reagan-esque figure. the speech they wrote for him merely demonstrated how muddeled, unserious and unrea unrealistic he is. they think they can convince us that russia and ukraine pose the same existential threat to the west as germany did in 1944. pre-k we will not walk away. if we do, ukraine will be subgaited. ukraine s neighbors and all of europe will be threatened. in their hour of trial, allied forces of d-day did their duty. the question for us, in our hour of trial, will we do ours? laura: this is ridiculous, european nations are so unconcerned about the russian threat that to do this many of them are not meeting their own targets, decided in 2014 to spend 2% of gdp on defense. biden s speech comes across a ....

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BBCNEWS Business June 6, 2024

nvidia shares ended the trading day up more than 5%. alphabet, amazon, apple, meta, and microsoft all ended the day up as well. the major indexes have been hitting high water marks over and over in 202a. this marks the nasdaq s 13th record close this year and the 25th for the s&p. another brand on the up lululemon. the activewear brand beat wall street expectations on revenue in the first three months of the year. strong sales in china helped buffer a slowdown in spending in the us. shares rose around 12 percent on the results. us commerce secretary gina raimondo is in singapore this week for a meeting of the indo pacific economic framework, an initiative to improve economic ties between america and asia. along with executives from major us companies, she also attended a forum to promote investments in green energy. for more on this, we re joined by deborah elms, the head of trade policy at the hinrich foundation. it s a complicated frayed work. it s a complicated fra ....

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BBCNEWS Business June 6, 2024

which started the year at under $500 a share and closed on wednesday at over $1,200 a share. that is just such a huge jump in a short time. it rose over 5% in value on wednesday alone, giving it the market cap of just over $3 trillion. let s hear more from our north america business correspondent erin delmore. wall street s on a record breaking run. the latest all time high closes for the s&p 500 and the nasdaq. the latter powered by you guessed it nvidia. the chip makerjoined the $3 trillion club on wednesday, overtaking apple as the world s second most valuable company. microsoft is still the world s number one. nvidia is only the third company to ever exceed $3 trillion in market value. it s leading in the race to develop the chips needed to enable new artificial intelligence applications. and that s where the other tech giants and a lot of companies are spending big bucks right now. nvidia shares ended the trading day up more than 5%. alphabet, amazon, apple, ....

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BBCNEWS BBC June 6, 2024

as well as king charles. there will be about 200 veterans mostly from the us, britain, canada and france. this 80th anniversary is focusing minds on the need for unity in the face of new conflicts. 0ur europe editor katya adler reports. les america. the americans are back in town. and it s feeling like the 1940s. from all over europe, the young and a little less young, clad in world war two allied military uniforms, celebrating and commemorating soldiers who landed here on d day to liberate nazi occupied france. these men changed the course of history. 99 year old donald cobb s modesty is humbling. i don t feel like a hero. i mean, wejust did what we were told. i m happy that we were able to help. 80 years on, they are still huge heroes here. it is really a lot of emotion for me. brave french men and women played their part in d day too. katharine s father and brother were members of the resistance. this street, now named after them. translation: the allies i is needed ....

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