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BBCNEWS World Business Report July 6, 2024

so we start in the us, where, as you ve been hearing, the world s biggest entertainment company, walt disney, is axing 7000 jobs as part of a cost cutting drive. it comes as the company revealed the first fall in subscribers to its streaming service, disney+, since it was launched more than three years ago. veteran ceo bob iger has returned to run the company again after its shares lost almost half their value last year, as michelle fleury reports from new york. this is ceo bob iger s first set of results since returning to the company in november, attempting to revive the storied brand and cement his legacy, he said disney was embarking on a significant transformation, putting creativity at the heart of everything it does, while announcing the elimination of 7000 jobs as it seeks to trim costs by $5.5 billion. his comments point to the future, but results showed the mouse house performed better across a number of areas in the last months, compared to the dismal showing ....

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CNN CNN Newsroom With Jim Acosta July 6, 2024

benefits. payroll. compliance. trinet. people matter. you re back live in the cnn newsroom. in texas, the fbi has joined the manhunt for a man suspected of killing five of his neighbors. police say this 38-year-old opened fire on a family next door when they asked him to stop firing a rifle in the yard because the baby was trying to sleep. now five people are dead including an 8-year-old child. minutes ago the sheriff and the fbi heald a news conference saying the suspect may have fled from that vicinity. this unfolded 40 miles northeast of humanitarian houston. ryan young joins us live. the sheriff and the fbi just wrapped up a news conference. we ve been following the developments. we ll put that face up one more time. they re looking for francisco oropeza. the fbi is tracking a device from a cell phone. they were getting pings from the cell phone. they have located the device but not the man. this man was asked to stop shooting his gun in the front yard. then eve ....

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CNN At This Hour With Kate Bolduan July 6, 2024

congress. plus, the ohio governor is visiting the site of this toxic train derailment in east palestine at this hour just as there s news of another train crash that s killed dozens of people overseas. and tiktok taking what it considers a major step to limit daily screen time for young people. how far does it go? this is what we re watching at this hello, everyone. i m kate bolduan. we begin on capitol hill where attorney general merrick garland is testifying before the senate judiciary committee at this hour. he s facing questions on everything from gun violence and social media regulation to the fentanyl crisis and that s just in the first few minutes. he is also expected to be asked about the special counsel investigations into president biden and former president trump and their handling of classified documents and there s more already facing questions about the ongoing investigation into president biden s son hunter that republicans are pushing on. paula r ....

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CNN CNN Newsroom July 6, 2024

congress. merrick garland answered questions about everything from gun violence to tech giants to child labor and much more. he gave an early sign that he would not go into detail about some of the justice department s most politically fraught investigations. that includes the classified dork found at the home of current and former president it requires as much as possible we speak to our work and our filings in court so we do not jeopardize the viability of our investigations and the civil liberties of our citizens. as expected, the attorney general received his toughest questions from republicans. texas senator ted cruz slammed garland for failing to arrest any protester opposed to the overturning of roe v. wade who demonstrated outside the homes of some supreme court justices. in my judgment, the department of justice has been politicized to the greatest extent i ve ever seen. i vigorously disagree. i believe the men and women of the department pursue the ....

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CNN The Lead With Jake Tapper July 6, 2024

vow to fight on. we won t give up bakhmut. we will hold on until the very last. glory to ukraine, death to the enemies. and the wagner boss in an audio message, acknowledges the ukrainians aren t budging. translator: the ukrainian army is throwing extra reserves into bakhmut and trying to hold the town with all their strengths. tens of thousands of ukrainian soldiers are repelling the attacks. bloodshed increases every day. reporter: wagner mercenaries are the spearhead of the invasion force. he claims they re making progress but often lack the ammunition to advance. translator: i will say a system needs to be worked out. i hoch that this system will start functioning soon, and we will be getting ammunition regularly. reporter: the u.s. and ukraine say the attrition rate among wagner s assault groups, often made up of prisoners recruited from russian jails, is as high as 80%. but the media channel is trying to convey how wagner is helping the convicts. in this ....

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