Forceful terms. He believes no democrat should take this issue on. He believes it would be playing into President Trump hands. There are other issues at play. The second point is trade policy with senator Elizabeth Warren now leading the pack. Will she come under fire for her economic plan, especially as a relates to global politics. Finally, on the issue of global politics, it was a busy week last week with the president s decision to withdraw troops from syria. How will the different candidates, a Record Number of candidates, how will they set themselves apart for how they would act as commander in chief . David a Record Number of candidates. 12 people on the stage. Is it about the lead three . You did not mention Bernie Sanders. People may be looking at him to see how strong he is. Is the first debate following the heart attack. He will no doubt continue to try to make his case. He has someone who is it consistently he is in it for the long haul. Sawhe last debate what you was biden
S p up s p up and the dow indicated up look at what happened overnight in asia. The nikkei opened up in europe where there is active trading, youll see green ar owes across the board. The ftse was up more than half a percent. Youll see at least the 10year is yielding 1. 8 big news, weworks board now weighing two competing Financial Rescue offers. Expected to accept an offer from softbank to take a controlling stake in the company the decision could come as err will early as today the are rescue package from sofk to buy up to 3 billion in shares held by other investors they would also put together 5 billion in loans sources say theyll pay the founder adam neumann up hundreds of millions to leave you are paying him twice. Hes the only one who has made money on this deal. Meanwhile, theyll begin layoffs almost immediately of almost 2,000 people. One of the reasons they delayed the layoffs is they couldnt afford the severance youll wait here for adam neumann to go home im told that will ke
Time for a look at the Business News now with tadhg enright. Luxmy gopal, thank you very much. We are going to talk about tax. A new report, funded by the european union, has found that the worlds super rich are still able to pay low rates of tax, despite decades of efforts to reduce evasion. The study says there are still too many loopholes and billionaires are able to pay less than 0. 5 of their wealth. The eu tax observatory, which is behind the report, is calling for a new global minimum tax on billionaires saying that if the richest 3,000 people in the world paid 2 , then it would raise 250 billion a year. Earlier, i spoke to Richard Murphy a Tax Reform Campaigner and professor of accounting practice, Sheffield University Management School and asked how feasible that would be. The good news in this report today is that a lot of measures that are being put in place which i campaigned for over the last 15 years are working. For example, tax havens are now causing one third of the ha
boeing planes crashed, killing 346 people. boeing said that the allegations were thoroughly investigated and that it analysis determined there were no safety concerns. the firm said it s reviewing the newly released documents and will thoroughly investigate any new plane. turning to the chip industry, shares of micron have fallen by around 7% in extended trading in new york. the firm beat revenue estimates for the fiscal third quarter, powered by the artificial intelligence boom. however, its forecasts were weaker than what analysts expected. some analysts expected. a lot of attention in the industry has been on chip giant nvidia. its shares have also struggled recently, although it briefly overtook microsoft last week as the world s most valuable company. technology industry analyst bob o donnell explained the market reaction. you re starting to get some unrealistic expectations. i think that s been triggering some of the moves of nvidia and macron and others. i think people
boeing said in a statement that the allegations were thoroughly investigated and that an analysis determined that there were no safety concerns. the firm said it s reviewing the newly released documents and will thoroughly investigate any new claim. turning to the chip industry, shares micron have fallen by around 7% in extended trading in new york. the firm beat estimates for the fiscal third quarter, powered by the artificial intelligence boom. however it forecasted revenue that was weaker than what some analysts expected. a lot of attention in the industry has been on chip giant nvidia. its shares have also struggled recently, although it briefly overtook microsoft last week as the most valuable company in the world. technology industry analyst bob o donnell explained the market reaction. these days, in the world of ai, matching is a good enough, it has to beat all the time, so you are started to get unrealistic expectation. that is what is triggering some of the moves in