Sides of that well take you live to trump tower for the he details. Insurance for everybody . President elect says he has a plan to replace obamacare, and it may include a major goal of obamacare. Were going to explain. A scandal still haunting the clintons months after the election has now led to a major announcement. I dont see this president elect as a legitimate president. I dont plan to attend the inauguration. It will be the first one that i miss since ive been in the congress. I hope that john lewis and some others who have joined his plans to take a pass on the inauguration will rethink that. I understand why john lewis feels the way he does. This is a very fearful and divided nation right now. This is disappointing to hear somebody who has such an important voice and platform to say what he said about the president , which by the way is just false. Escalating tensions with Congressional Democrats. Congressman john lewis is one of 31 Democratic Leaders vowing to stay home for D
Brexit, round one. As eu leaders gather in malta. Maltas Prime Minister calls for a fair deal for britain, but warns it will pay a price for leaving. Plus, small talk, big money. Snapchat files for a stock market flotation, that could be the biggest tech ipo since facebook. Welcome to World Business report. Im aaron hesslehurst. In a minute well have, World Business report. But first this. We start in the maltese capital, valletta, where eu leaders are gathering for a special summit, two days after the British Parliament voted overwhelmingly to start the process of brexit. Prime minister theresa may will be holding one on one talks with various eu leaders. So, what is she up against . Malta holds the rotating presidency of the eu. Its Prime Minister, joseph muscat, has been clear britain cant have its cake and eat it too. He has told the European Parliament this. We want a fair deal for the United Kingdom. But and its a big but that deal necessarily needs to be inferior to membership.
Brexit round one. As eu leaders gather in malta its Prime Minister calls for a fair deal for britain but warns it will pay a price for leaving. And following the announcement that snapchat will be listing on the us stock market, today we want to know would you buy shares in a company with a limited track record of turning a profit . In fact, it has not made a profit. The value of facebook has tripled since it went public in 2012, but will snapchat be a similar success . Do you snapchat . In the last few hours the social Networking Company has filed documents to float its shares on the new york stock exchange. Its likely to be the biggest ipo in the Technology World since facebook floated in 2012. For those of you who dont use it its kind of the opposite of facebook instead of making a permanent record of your life it lets you send Picture Messages that then disappear. Here are some figures. According to the company 158 Million People use snapchat every day to send Picture Messages oi s
Well look ahead to super bowl 51 and the growing popularity of america football, here in the uk hello. Welcome to the programme, were live until am this morning. We also want to hear from you this morning if youve had trouble getting hold of fresh vegetables. Poor Growing Conditions in europe are causing a shortage and tesco has started to ration Iceberg Lettuces. To stop Smaller Stores buying from them in bulk. Well have the details on this and find out if its going to get worse. Do get in touch on all the stories were talking about this morning use the Hashtag Victorialive and if you text, you will be charged at the Standard Network rate. Our top story today theresa may has arrived in malta for an informal one day summit of eu leaders. Shell brief European Union leaders on her meeting with donald trump, and is expected to stress that she wants a positive and constructive relationship with the eu after brexit. Kevin connolly reports. The cannons will welcome the eu leaders to their fi
After it set the terms of its ipo. According to the filing, the maker of snapchat is offering 200 million shares for 14 to 16 each. At the top end of the range, snap would have a market value of 18. 5 billion. That means the snap cofounders evan spiegel and bobby murphy could each take him a check for as much as 256 million. We spoke with David Kirkpatrick and bloomberg tv editor at large cory johnson for more. Cory what becomes of this, i dont know. I mean it is certainly a high valuation. On the positive side, they have got some big Growth Numbers on a yearoveryear basis. We all know these story of who they are reaching and how hard those consumers are to reach, and how valuable they are to advertisers. But this is an extraordinarily high price for any company of any kind with any kind of growth metrics, but for one that has negative gross margins, with growth is slowing so much, where there are Big Questions raised, this roadshow will be an interesting one because theres excitement