A military facility but those are the headlines on aljazeera do stay with us counting the cost is coming up next. Witness documentaries that open your eyes at this time on aljazeera. Has im sick of this is counting the cost of their disease or your weekly look at the world of business and finance this week. To economics u. S. President donald trump puts forward his plan to cut taxes for americas wealthy and big business. Taxes one of the reasons getting catalonia against spain northeast region wants to go it alone will look at the economics. Class carmageddon whats behind the collapse of australias Auto Industry. So billionaire us president dont trump wants to reform the u. S. Tax system but his plan looks more like tax cuts for americas wealthiest and some of the worlds biggest corporations although its yet to be fleshed out it is based on the idea that the cuts will pay for themselves with the Economic Growth they generate in the years to come yet in the history of us tax cuts that h
Feed my baby. A virginia mother considering legal action after a confrontation over Breast Feeding at church. Tonight, shes giving new details to fox5 about what happened. And tense moments as metro workers protest in front of management. Now the question is will there be a sickout tomorrow that will affect you . Your news starts now. And we thank you for joining us, im tch and im Sarah Simmons in for shawn. Off the top teachers blowing off steam by swinging a baseball bat at a chair. Well, the idea behind the socalled smash space was apparently to let faculty members relieve some stress. But now its landed the school in who the water. Fox5s Marina Maracco is live in h kensington with the details anthrax from parents tonight. Reporter Montgomery County Public Schools say they do not approve or condone what staff was allow here to do here at this Elementary School, howrveg the principal happened at a loading dock just like this one, out of site and out of reach from students. But tonigh
Have a look at where european equities are trading 30 minutes away from the end of the wednesday section. Session. The u. S. Justice department filing a lawsuit against Fiat Chrysler and the china rate increase weighing on sentiment and the second column is the currency column. Most of the currency against the dollar are in gray with Little Movement and sovereign bonds, commodities, your final three columns. Kingfisher is a big recliner across europe, down 7 . Europes biggest homeimprovement retailer reporting a slump in french sales as rivals gain market shares sales in france, it 5. 5 tes two james and fell in three months through april, worse than the 1 drop in that countrys total homeimprovement market. Shares down by 7. 1 today. Lets talk about Political Risk because the difference in yields between the u. S. 10 year and the german 10 year bond is drinking shrinking. Investors are fretting over the potential noise stemming from washington, the u. S. 10year note about 185 basis poi
During the darkness of the storm we saw what is brightest in america. All of us have been shocked by the forces of Mother Nature and theyre watching on television and we have also seen nurses at nyu hospital, carrying fragile newborns to safety. We have seen incredibly brave firefighters in queens waist deep in water, battling infernos, rescuing people in boats. One of my favorite stories was in North Carolina the coast guard going out to save a sinking ship. They sent a rescue swimmer out, the rescue swimmer said i am dan, i understand you guys need a ride. That kind of spirit of resilience and strength, but most importantly looking out for one another, that is why we always bounce back from these kinds of disasters. This is a tough time for a lot of people, millions of folks across the eastern seaboard. But america is tough and we are tougher because we pulled together and leave nobody behind, we make sure we respond as a nation and remind ourselves whenever an american in in in need
Good tuesday morning. Welcome to squawk alley. Obviously busy morning as the president meets with top executives in washington this morning including the heads of gm, ibm, blackstone ceo Steve Schwartzman on the agenda trade, infrastructure, budget and education. Our Kayla Tausche is on the ground with all of the latest. Reporter good morning. Just a few moments ago we saw the president leaving the west wing going over to the Eisenhower Executive Office building to meet with those some 20 ceos of some of the largest Multinational Companies based here in the u. S. We are getting some headlines based on the comments that he has made on an introductory basis to this group saying the administration is going to have pleasant surprises on nafta and notified the senate that he negotiated. The nafta headline is one we want to discuss further. This group has been convened to discuss tax reform, to discuss trade, to discuss infrastructure, education, and this whole host of issues that cabinet le