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Marketplace All-in-One

Small business owners are a bit more optimistic

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 9 July 2024

⏱️ 1 minutes

🧾️ Download transcript

Summary

A measure of small business optimism hit its highest point of the year in June; Hurricane Beryl leaves Texas oil infrastructure largely unscathed; Purdue Pharma creditors ask for authorization to sue Sackler family members; Boeing 737 planes to be inspected for potential faulty oxygen mask systems.

Transcript

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0:00.0

Small business owners are a bit more optimistic.

0:04.0

I'm Novasafo with a marketplace minute.

0:06.0

A measure of small business optimism hit its highest point of the year in June,

0:11.0

still it remains far below its historic average. The National Federation of

0:14.2

Independent Business says inflation remains a top concern, along with difficulty finding

0:18.8

qualified workers. The worst fears of the oil and gas industry failed to materialize after Hurricane

0:24.4

Barrel pummeled Texas. Major refineries along the Gulf Coast reported minimal, if any,

0:29.3

damage. Shipping and oil production are expected to resume quickly.

0:33.0

A committee representing creditors of Purdue Pharma is asking a bankruptcy court for authority to sue the OxyContin

0:39.6

Maker's billionaire owners, members of the Sackler family, the Supreme Court last month rejected

0:44.8

their efforts to shield themselves from future lawsuits.

0:48.9

Thousands of Boeing 737 Max Plains and Next Generation models will undergo inspections of their oxygen mask systems.

0:56.0

The FAA says faulty adhesive could cause those systems not to operate properly.

1:00.8

I'm Novasafo with a marketplace minute.

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