57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. A glitch in the gop efforts to push a sweeping tax overhaul bill through congress. Senator marco rubio said he wont support the measure unless the Child Tax Credit is increased, and at least two other republican senators have yet to commit to the bill which will be unveiled today. Good morning, brook. Good morning, annemarie. Theres a lot we already know about this bill. The Corporate Tax rate will drop to 21 . The top personal bracket will fall to 37 . But the number republicans cant be sure of is 50. Thats the number of senate votes theyll need to pass this bill. The slim margin the republicans seem to have in getting their tax bill through may be vanishing. Senator marco rubio has turned out to be a key voice of dissent. He says no care gets a bump. Until they add to the figure, i wont support the bill. President trump insists all is still good as hes delivering what he calls a christmas
Headquarters here in new york. Good to be with you. Im annemarie green. A glitch in the gop efforts to push a sweeping tax overhaul bill through congress. Senator marco rubio said he wont support the measure unless the Child Tax Credit is increased, and at least two other republican senators have yet to commit to the bill which will be unveiled today. Good morning, brook. Good morning, annemarie. Theres a lot we already know about this bill. The Corporate Tax rate will drop to 21 . The top personal bracket will fall to 37 . But the number republicans cant be sure of is 50. Thats the number of senate votes theyll need to pass this bill. The slim margin the republicans seem to have in getting their tax bill through may be vanishing. Senator marco rubio has turned out to be a key voice of dissent. He says no unless the child tax care gets a bump. Until they add to the figure, i wont support the bill. President trump insists all is still good as hes delivering what he calls a christmas peo
Francisco. Oakland visibility went down in the airport to 6 miles, concord 5,. 3 for santa rosa. So it is dropping a lot there in the valley areas. You can see a lot of the low lying pockets of patchy fog. If you are heading that way, thats going to be an issue and its because the winds again are still calm across the south bay, across San Francisco, about 5mileperhour winds. Thats it. Picking up a little bit in berkeley this morning across the hills a little stronger. But across the north bay, you can see calm conditions there. And thats not helping clear the air, not helping push out any of the fog. Thats why our air quality looks like this for the coast and for the north bay air quality definitely unhealthy for sensitive groups so whats that mean . Fireplaces not allowed. Its illegal to use your fireplace. There are 1. 4 million fireplaces across the bay area and thats the number one source of winter pollution. So keep that in mind. Its not allowed. But things are going to change th
Plan to adapt. Vonnie we have had interesting trading this friday. Julie hyman is with us. Quadrupleis socalled witching that can cause some level of volatility. It usually causes surges of volume at the open and close. We have index rebalancing which can cause some of the same effects. Already on the s p 500, more than 50 above the 20day average as the dow and s p push towards records on the closing basis. I will have to check my numbers to see if it is on an intraday basis as well. On the tax bill, marco rubio according to fox was a yes. Then an aide said he was a no. We are reporting some of the concessions he pushed for appear to be making their way into the bill having to do with the child tax credit. That spurred stock market highs of the day. Board, see across the despite a subsector of industrials, we are seeing gains today. Health care and telecom are leading the pack. Everything is trading higher on a sector wide basis. If you look at the tax proxy, it has been an interesting
Against james alex fields to firstdegree murder. Driving man accused of into a crowd of counterprotesters in charlottesville, virginia, during that white nationalists rally. Global news 24 hours a day. You are watching bloomberg. Emily i emily chang and this is Bloomberg Technology. Federal investigators confirm at least one criminal probe into uber. Will talk about what it means for the worlds most valuable startup. Plus, the worlds most the Worlds Largest Futures Exchange will begin allowing bets on the worlds biggest cryptocurrency. Plus, another first for spacex. Elon musks other Company Since a recycled mock rocket and recycled payload blasting into space. Why going green could be the future of space travel. But first to our lead. Uber is under at least one criminal investigation. We are waiting for a letter alleging they attempt to acquire trade secrets and spy to unveil from attorneys representing a former security analyst detailing some business operations. This may be a key pi