Announcer this is nightly Business Report with Tyler Mathisen and sue her youre hired. Job gains more than double from last month as the Unemployment Rate falls to a decade low. I dont value ibm the same way that i did six years ago when i started buying it. Big blues big bruise. Warren buffett dumps a third of his ibm shares. Should you . Repurpose for a purpose. Meet the sisters who are part of the military. Now theyre giving back. Those stories and more for nightly Business Report for friday, may 5th. Good evening, everyone, welcome. The nasdaq and s p 500 set records, even as ibm shares tumble. Well have more on that in just a moment. But we begin with jobs. The labor market hasnt looked this good in a decade. Job growth recovered in april after a lousy march. Most agree that the economy is getting very close to full unemployment. Employers added 211,000 positions last month, more than expected. The Unemployment Rate dropped to 4. 4 , which is a tenyear low. A broader measure of un
Taiwan came calling for donald trump. The phone call between the leader of taiwan and the president elect broke with 40 years of diplomatic protocol. And china is sending a warning of sorts to washington. Yesterday donald trump says the president of taiwan called to offer her congratulations to them. They talked about political and economic ties between the two nation. No president or president elect has spoken directly with the leader of taiwan since 1979. Thats when america began adhering to the one china policy, that is. Meaning they backed beijings claim that taiwan is part of china. The call threatens to throw u. S. China relations into a tail spin. We want to go to cnns jessica snyder. Shes live at trump tower in new york. I know youve looked into this. Talk to us about how china is reacting. Reporter you know, chinese for many foreign minister is calling this a play by taiwan. Chinese state run television is saying this represents an unprecedented break from the one china policy
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