Okay days. Lets be more than our allergy. The white house. And this is cnn President Biden set to deliver the speech of his career tonight, his third state of the Union Address. Were learning details about how hes expected to make his case for a second term tonight is some of his allies are begging him to fight harder. Plus developing now President Biden will direct the us military to create a Temporary Port In Gaza to deliver aid. How soon that relief could come as the un says, israel blocked nearly half of its aid missions into gaza just last month, and his hope is dwindling that a Ceasefire Deal will be done before ramadan. Plus researchers looking inside the brain of a killer what they say reveals about the maine mass shooter who killed 18 people and then turned the gun on himself. Were following these major developing stories and many more all coming in right here to cnn news central tonight. President Biden Will Delivery Pivotal state of the Union Address that will double as a sa
former adviser to george w bush. welcome to the programme. rishi sunak has ordered an inquiry into the tax affairs of nadhim zahawi, the man he appointed as chair of the conservative party. the ethics adviser sir laurie magnus, a former investment banker, has been asked to get to the bottom of everything , following reports mr zahawi was forced to pay a fine and millions of pounds in unpaid taxes to hmrc. it is quite the turn around. on wednesday the prime minister told the commons there was nothing further to investigate. mr speaker, my honourable friend has already addressed this matter in full, and there is nothing more i can add. but there are plenty of questions that remain unanswered. number 10 says, it was only this weekend the prime minister became aware of penalties mr zahawi had paid to the tax office, while serving as chancellor. in that role, mr zahawi was nominally, overseeing the work of the tax office. a complicating factor. integrity and accountability is rea
Were expecting, up 15 , thanks to people taking more rides and also using its food delivery service, but the thing is the right hailing and Food Delivery Company still disappointed investors and one thing that wall street was focused on was gross booking. That number came in lighter than forecast and its predictions for the coming three months also were disappointing. So, despite turning in higher revenue, uber posted an unexpected loss of around 651; million, up from 157 million this time last year. Earlier, i was speaking to andrew hawkins, Transportation Editor at a new service covering the tech industry, and he told me what wall street was worried about. While ubers fundamental Business Model appears to be improving and gaining strength, its still not completely out of the woods. And what i mean by that is that there are still a lot of regulatory issues, theres a lot of Legal Expenses that the company has been having to pay. It had to make a massive settlement brought on by a Class
Cars in the country. That has been enough to push up shares by 11 in early trade. The Electric Car Giant faces falling sales and increased local competition in china. So this could be a big move. Lets talk about that with michelle, who is standing by in new york. Give us a sense of how significant this could be, just some reports at this stage, but it is what elon musk wanted . ,. , , wanted . You are seeing the response from investors wanted . You are seeing the response from investors with wanted . You are seeing the response from investors with the wanted . You are seeing the response from investors with the share wanted . You are seeing the response from investors with the share price i from investors with the share price pppin9 from investors with the Share Price Popping at the open because of that sort of shot of good news. The reason for that is it comes off the back of a difficult couple of months for the car maker. The electric car Company Released some pretty disappointing qu
3.i% of 9.1% in mid 2022 tojust 3.1% in november above the target of 2% and jerome powell said they had not ruled out raising rates again in the future. still, all three major markets finished higher in industrial average more than 500 points to a record close and this is the third time in a row after central bank decided against other hike and for investors, satisfying this the only question on their mind is when will the feds start cutting them. that happened in the us overnight in from investment firms, they gave me her take on what the decision means the rest of the world. i did this is a very good question we have seen in this business cycle is the us praise to delete other markets and we can only take signalled what is happening and the progress on inflation that makes it feel comfortable to cut interest rates and i wonder what the next step will be if other central banks will get to this stage and easing financial conditions in the markets that is a part of the puzzle,