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Utility industry get ready to pedal and accelerates to 80 kilometers an hour. Im going to get jones welcome to the of business starting with the latest news from boeing the plane maker is to spend almost 5000000000. 00 compensating airlines that have been affected by the grounding of the 737 max the model had its Regulatory Approval withdrawn back in march after it was involved in 2 fatal crashes linked to Faulty Software thousands of flights were canceled as a result boeing which is also facing dozens of lawsuits brought by Crash Victims families is due to announce its Quarterly Earnings next...

The business now 1st german automaker b. M. W. And chinese Online Gaming giant 10 cent holdings are teaming up to launch a Computing Center in china that will help develop a self driving cars in the worlds biggest autumn market the 2 Companies Made the announcement just today now this comes as b. M. W. Promoted production chief all about sips to chief exits executive office the manufacturing expert is expected to help the german car maker should make the shift to electric and self driving cars and tackle new competition from technology giants. The new boss is a familiar face all of it sips is ...

The top court of the European Union began hearing a case that began with revelations that a u. S. Spy agency the National Security agency was compelling facebook and Similar Companies to turn over private data from users in the e. U. The 11 specific questions that spun out of that case are now before the court and center on the rules that govern Tech Companies sharing data from users around the world socalled standard contractual causes or c cs if the e. C. J. Finds that as he sees fail to protect the privacy rights guaranteed by e. U. Laws Companies Like facebook and its peers could be forced...

Beers in berlin thanks for joining us the u. S. House of representatives has passed legislation that would more than double the countrys minimum wage from 7 dollars and 25 cents to 15. 00 its a historic win for a movement that began when Fast Food Restaurant workers went on strike 7 years ago and its almost certain not to become law the Republican Controlled Senate says it wont vote on the measure claiming it would be disastrous for businesses. These restaurant employees demanding their 15. 00 an hour after the democrat controlled house approved the minimum wage increase the raise the wage act...

Direction of Interest Rates whei he tes on capitol hill tomorrow. In the meantime, a relativ calm has settled over wall street. The dow industrials today fell just 22 points to 26,783. The nasdaq was up 43 and the s p added three points, but that calm could leado volatility when Jerome Powell starts speaking. As usual, a fed chief faces a tough task. He is under pressure from the administration to cut Interest Rates, but he has said thatne ry policy should not be influenced by shortterm political one thing is clear though. The economy may be growing, but that growth is slowing. Today some of t...