The eus Top Court Rules that uber is a transportation service, not just a digital provider the company says it wont change how it operates in most countries. Enerthe innogy ceo resigns a profit warning and more pain for steinhoff, shares plunge again as the retailer faces a credit squeeze after accounting troubles. Uber is a taxi company, so says the europeanjustice after a landmark ruling. The definition of uber as a Transportation Firm rather than a tech Company Means it will have to comply with european transport law and regulations in eu Member States the app has responded by saying it does not believe the ruling will change how it operates on most of the continent and says it agrees to regulate services such as uber we are joined by peter woodhouse. Does this indicate uber has to be taken off the road as you have indicated in the past i dont think it needs to be take be off the road it has to focus on regulatory requirements there are further wrangles dealing with employment field
[indiscernible] the committee will come to order. This mornings hearing will be many on the president s fiscal year 2019 Budget Proposal. The Committee Welcomes treasury secretary mnuchin who is here to testify on the budget along with other patterns matters that may arise. The budget includes numerous proposals to deal with the wide array of policy issues. The opioid epidemic, infrastructure, modernizing ,overnment, National Security and lowering drug pricing and payments to mention a few. I think i speak for all members when i say we are all very interested in your thoughts and insights on a number of items proposed. The governments receipts will average 17. 1 of gdp over 10 years with that budget window slightly below the longrun average of 17. 4 over roughly the past four decades. Averagings outlays 10 of gdp over the past years, which is slightly below the longrun average. Also includes tax proposals but they are not as sweeping as those we have seen in prior budget. As you would
Next hour. We will have the latest from the picket line. Scientists say theyve settled one of medicines biggest debates. A huge Study Concludes that anti depressants do work, afterfinding common anti depressants were all more effective at reducing symptoms of depression than dummy pills. And at the Winter Olympics russian curler aleksander krushelnitski is stripped of his bronze medal after admitting to doping. Good morning. It is thursday, 22nd of february, i am rachel schofield. Welcome to bbc newsroom life. Theresa may is due to host a lengthy meeting with senior ministers today to try and hammer out the cabinets position on future relations with the eu. The meeting will take place at chequers, the Prime Ministers country retreat. One of the main issues on the table is how closely the uk should follow eu rules after it leaves. Our assistant Political Editor norman smith is in westminster. Norman. Thank you very much. A key meeting and probably a marathon meeting today which some say
Committee will come to order. This mornings hearing will be the first on the president s fiscal year 2019 Budget Proposal. The Committee Welcomes secretary mnuchin who is hear to testify on the budget along with other members that may arise from questions. I think i speak for all members of the committee to say were interested in secretary mnu yn chins thoughts and insight on a number of items proposed in the budget. The budget envisions that governments receipts will average 17. 1 of gdp over the tenyear budget window, slightly below the long run average of 17. 4 over roughly the last four decades. It also has outlays averaging 20 of gdp over 10 years, which is also slightly below the long run average. The budget also includes some tax proposals, but they are not as sweeping as those weve seen in prior budgets, as you would expect following enactment of the new tax law at the end of next year last year. Thus far, im pleased by the success of the new tax law, which has already resulted
Kind of support they can get for a much more conservative bill that does limit the chain migration and the visa lottery, provide protection for dreamers and include some other immigration p Immigration Reforms that conservatives are seeking in the house. They want that bill on the floor. Were live on capitol hill this morning as the Senate Finance Committee Hears from treasury secretary steven mnuchin. Live coverage should get under way here shortly. The dcommittee will come to order. This mornings hearing will be the first in a series of hearings on the president s fiscal year to 19 budg2019 budg proposal. The Committee Welcomes steven mnuchin, who is here to testify. The president s budget includes numerous proposals to deal with a vast array of policy issues, including the opioid epidemic, infrastructure, modernizing government, National Security, and lowering drug pricing and payments, just to mention a few. I think i speak for all members of the committee when i say that we are al