an executive order to withdraw the united states. chips ahoy! samsung s microchip business powers the company to a jump in profits despite galaxy note 7 disaster. in the next few hours, the uk s supreme court is going to deliver its ruling on whether prime minister theresa may needs parliament s authority to start the process of leaving the eu. the government argues ministers can trigger article 50 and begin formal brexit negotiations, because they have the power to withdraw from treaties. but opponents argue only parliament can remove people s rights. as chris mason explains, the ruling is complex and far reaching. the european union ignites strong passions. almost seven weeks ago protesters gathered outside the supreme court as the 11 most senior judges in the land gathered inside. hour after hour of dense legal argument followed on the biggest question in politics, where does power lie? is it behind the door here in downing street? or inside here in downing street? or insi
to put lebanon s vineyards back at the top table. and, bad maths skills could be costing us as much as £1 billion a year. let us know, have your maths skills ever resulted in you getting a bad deal? just use the hashtag #bbcbizlive. welcome to the programme. us president donald trump has only been in office for 12 days but he s already turned every presidential convention on its head. temporarily banning immigration from seven countries may have emboldened the president s supporters but it has been condemned by many nations. leading experts now say those international relationships could be further tested and even result in a trade war if mr trump follows through on his radical plan for tax cuts. there are around $2.5 trillion worth of us profits currently overseas held by some of the biggest us companies like google, microsoft and apple that would get hit by some of the highest tax rates in the world at 35% if they were repatriated now. donald trump has proposed three are
that the impeachment of park geun hye should be confirmed. she is embroiled in a corruption scandal and may now face a criminal trial, on 13 counts including soliciting bribes and allowing a close friend to profit from her connections with the presidency. the decisions were met with cheering from her opponents but have been clashes between them and her supporters. it is devastating, really. this is the first time in the 30 years where there has been a democracy where the sitting president has been removed from office. you could say it is a bit of a test for democracy. there have been big protests every saturday night and other nights. pretty big protest in her favour but the country is split. the highest court in the land said there was a corrupt relationship and at the centre of it, her best friend, money from corporations and the implication that influences go back via the president. it has been a very controversial. what happens next and how much dispute is there likely
exxonmobil and t. boon pickens. jcpenney getting a big downgrade. and more optimism for apple. another analyst ups the price target. first up, one day after the dow closed at record highs, the private sector added 208,000 jobs last month. that was a bit below street forecast. meantime, oil prices rising slightly this morning but down almost 35% from six months ago. last night on mad money, oil tycoon boone pickens says he expects crude to return to $100 a barrel. take a listen. we ve increased production, a million barrels a year for the last three years. and that is remarkable. no place else in the world has that happened. so consequently, i think you re probably going to see opec do something in the first quarter of next year as far as cutting production. but i m not so sure how much they have to cut to get to where i said you would be in 12 to 18 months. you ll be back at $100 a barrel. fascinating. there is a school of thought that when production responds, you
170-plus billion dollar company. that s a huge move. it is and it s incredible those earnings still could blow it out. a lot to do with frozen. we talked about it yesterday but the reaction initially was not as strong as what we ve seen throughout the session. it s held up well throughout a volatile session. speaking of volatility, look no further than oil. remember the big rally we ve been talking about and the price of oil, it has reversed itself. it s now given back all of the gains that we saw the last two days. the price of oil settling down more than 8% today. for a period of time it was down 10% just off the lows. we ll talk more about that coming up. more market moving earnings also due out in an hour. we have 21st century fox today, keurig green mountain under armour yum brands. don t miss a moment of it. we re waiting for the big unemployment number on friday. right now it stands at 5.6% and the unemployment rate is a big lie. that s not me saying that. th