Welcome to bbc news. Theresa may is expected to say to you new macro leaders that she would like a two year transitional period expected to say to eu leaders. She is trying to break the deadlock which there seems to be between the eu and britain. Sources are telling the bbc that she will talk about this idea of a transitional period or implementation period, depending where you come from on this, and this idea is something we have heard a lot about over the summer from people like the chancellor philip hammered but also people like liam fox who are on the other side of the artand fox who are on the other side of the art and when it comes to brexit philip hammond. The arrangement would be similar when we leave the single market. One of the crucial questions is whether the eu will ee, questions is whether the eu will agree, and about the money the uk continues to pay into the coffins of the eu during that time. Theresa may is going to say that we will pay our dues into the cough is. This
After day. We will see if a rally can hold into the final hour here. The dow, itself, up 106 points also in record territory. And helping the market today, the house passing its 2018 budget, thats a first step toward getting tax reform done and how Speaker Paul Ryan will be holding a News Conference on that very topic later this hour. Well bring it to you live as soon as it begins. The dow up 40 points. When they announced they passed a budget, it was sudden i up 100. Its looking for right now. The Amazon Effect strikes again. This time fedex and u. P. S. In its sights see both those stock are lower detail on that coming up. We begin with the netflix stock jump today and the companys move to raise the price of its most popular streaming plan by 10 , which sounds like a lot, but its 1. Maybe it is a lot. Well, it could be, but, you know, i dont think its going to break too many banks. Julia boorstin has details for us julia . Reporter thats right, bill. Analysts, investors dont seem to
Takes another step away from diplomacy and its International Partners the state department declares it is pulling america out of unesco thats the United Nations agency dedicated to a culture the u. S. Says it needs fundamental reform due to a perceived anti israel bias while the move comes on the same day that palestinian negotiators from hamas and france assign a reconciliation deal after a decade long split the bitter rivals talking in cairo about governing the gaza strip together we have reaction from ramallah and jerusalem plus a brussels delivers a blow to the u. K. The use it brings that negotiator michaud danya says he wont ask next weeks summit to open discussions on the blocks future relationship with Great Britain citing lack of progress also a deal worth one point five billion euros gets off the ground germanys Biggest Airline agrees to buy large parts of bankrupt carrier air berlin snapping up dozens of its planes and thousands of isaf. And are reclining series on being gay
This is d. W. News live from done in the United States takes another step away from diplomacy and its international pot Less State Department confirms that america is withdrawing from the in the u. N. Cultural agency unesco saying that the Organization Needs fundamental reform and is biased against israel now israel has pulled out as well now that move comes as rival palestinian factions sign a reconciliation deal after a decade long split the militant group hamas says it will hunt but control of the gaza strip to fatah will bring you reaction from gaza and germanys biggest and im left hand side agrees to buy large parts of the bankrupt out to ed garland but rival site challenge the day. Plus our weeklong series on being gay in todays russia he meets a video blogger using his powerful the challenge and. Business is. Human. And we take you to the worlds biggest refugee camp to see the challenge you face is caring for more than a million people. Im phil gayle welcome to the program the U
Our billion dollar buyer, tillman furtita, notching his first win as the owner of the rockets on Opening Night for the nba. He did it in thrilling style the former commissioner, david stern, will join us. The anthem protest Team Valuations and much more this slamdunk addition of power lunch begins right now there is nothing wrong with the slamdunk addition if i could do it, i would do it all the time i am brian sullivan. Nobody is feeling blue about these markets. Your money is now just 3. 5 away from dows 24,000. You can thank ibm, big blue adding about 80 points to the dow on one of its best days in decades. We will dig into ibms big quarter. The ipo of the day is a chinabased micro lending company. Nothing micro about its gains. It is soaring in its debut allergan all on the move anthem rallied to help ensure creating a new pharmacy benefits unit michelle im michelle carusocabrera. Here is what else is happening rising sea levels are threatening nearly 1 trill worth of u. S. Homes,