The security situation inside myanmar must be improved before people had back. More than 680,000 people have fled myanmar since august to escape the escalating violence. In the philippines, expert experts are warning a volcano has been a rocking for almost two weeks and stills up still appears to be swelling with magma under the surface. Tens of thousands of people are staying in emergency shelters as a volcano continues to release lob and as high as 1600 feet. Officials are worried the eruption may last for months, affecting the education, health, and livelihood for people in the region. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. Im mark crumpton. This is bloomberg. It is noon in new york. I am shery ahn. Vonnie welcome to Bloomberg Markets. From bloomberg World Headquarters in new york, here are top stories from bloomberg and around the world that we are following. President trump steals the show on day three ahead of his
Question. Is that it . Done with the dips so buy the dip . Its going to be another very big day. It was certainly a big night. The president upbeat. Positive. Reaching out for bipartisan deals on immigration and infrastructure. Much of his state of the union speech outlined the economys success. And a cbs poll showed 75 of the tv audience approved of that speech. The democrats, angry and and silent throughout. Nancy pelosi and schumer sat on their hands and looked frankly resentful. How will the american policy look storming out of the chamber when the crowd chanted usa, usa . The president looked good. The democrats did not. By the way, moments from now on this program the treasury secretary Steven Mnuchin Varney Company is about to begin. Trump since we passed tax cuts, roughly 3 million workers have already gotten tax cut bonuses. Many of them thousands and thousands of dollars per worker. As tax cuts create new jobs, lets invest in Workforce Development and lets invest in job train
First up to a story we are watching right now. The irs data breach. It is getting much bigger than we realized. We are now learning of an additional 220,000 possible victims and the total number of taxpayers to 334,000. For more on this story lets go , to washington dc and bloomberg jordan roberts. What can you tell us about this new breach . It seems to be more focused. Jordan before and thing to remember is that while we are not talking huge numbers, 300, 400,000 people at this point, these are highly targeted attacks and and the reason they were able to get that was because they already knew a lot about victims anyway. Comesere going after vick they believed they could get a big refund from them if they committed tax refund fraud. Matt this is not a case of them going through each person will each person pause individual account. Right . They breached the irs system at large. Jordan but what they were doing is they came in over the a lot of information about their potential victims.
Device the biggest shooter used, turning weapons and automatic weapons, should be subject to additional regulations. The nra says officials should review whether the devices comply with federal law. The district of columbia decided not to appeal a ruling regarding ruling, striking down part of its gun laws. The law had required a valid reason to carry a gun, but that was ruled unconstitutional. U. S. Attorney general Jeff Sessions is revising a bushera crimefighting strategy. It sends certain gun crimes to federal court, where they could carry longer prison sentences. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Emily i am emily chang and this is bloomberg technology. Delivery disruption plan, how the ecommerce king is experimenting with a new service that could affect some major partners. We will look into the potential impacts on a fedex and ups and the timeline to a national expansion. Price hike. Xs th
Is happening in pennsylvania as a result of redistricting or the redrawing of voting districts. Fair districts pa says heres what can go wrong with redistricting. Legislators work with no oversight or standards for fairness. They can accept money from outside interests that target pennsylvania because of lax Campaign Finance laws. They redraw boundaries to keep their seats in office secure, resulting in voting districts that benefit the party, not the people. Groups like Fair Districts pa point to pennsylvanias 7th Congressional District. It includes parts of Montgomery County, chester county, and all the way into lancaster county. Heres how the district has changed over the past 60 years. It now has the nickname goofy kicking donald. Can you see it . Earlier this summer, the league of women voters sued to have pennsylvanias Congressional District map thrown out. The suit claims that the republicancontrolled state legislature redrew the boundaries to benefit the gop. Republicans called