business correspondent, nick marsh. nick, great to see you. what details do we have about what president biden announced? he: didn t really say much in the end, to be honest. he said there is more work to be done when it comes to the indo pacific economic framework. i would say that s a bit of an understatement. we have been talking about this agreement, it s not even a properfree trade agreement, it s not even a proper free trade agreement, let s not forget. we have been talking about it for about a year and a half. still no consensus reached. i think the latest stumbling block was on securing an agreement on workers rights and environmental protections. i think itjust goes to the heart of what s been achievable and not achievable at this apec summit on the diplomatic front, there has been considerable between china and the progress us, the mood music has been positive, the economic issues are much harder to unpick. the united states knows that china dominates this region a
created by his administration. biden has been seeking to reassure apec nations about america s commitment to the region, despite beijing s efforts to expand its influence there. for more on this, we re joined live by our asia business correspondent, nick marsh. good to see you. what details do we have on what biden said? president biden basically said that the indo pacific economic framework isn t dead, but he didn t really offer much more than that and i think if you re being charitable, or harsh, i do know how you would categorise it, you would pretty much say he is putting a brave face on things, because no agreement has been reached, the latest stumbling blocks apparently were over trying to secure workers rights, environmental protections, and i think that really goes to the heart of the problems at this apec forum because for all of the progress we ve seen on the diplomatic front in the us china relationship for example, the mood music there has been undeniably positiv
Story. Reporter good morning. Breaking news overnight. Matt lauer has been terminated from nbc news. Matt lauers today show coanchor Savannah Guthrie breaking the news live onair. Our chairman said a colleague had come forward reporting behavior in violation of our companys standards. Reporter according to an nbc spokesperson, lauers accuser is accusing inappropriate sexual behavior throughout 2014. How do you reconcile your love for someone with the revelation that they have behaved badically. Reporter a mainstay of the today show for nearly a quarter of a century. Lauers abrupt departure leaves colleagues in shock. Ive known matt for 15 years and ive loved him as a friend, as a colleague still dealing with the news of a friend of 30 years and were all trying to process it. Reporter President Trump was quick to tweet about matt lauers firing, hes facing allegations of his own. At least 16 women have accused the president of sexual misconduct. The president has denied the accusations,
5. 9 trillion. The tax package, the driver right now getting closer and closer to a done deal. In the Senate Committee will be procedural motions, then 20 hours of debate, then the tax cut vote should be by friday. Believe it or not, it is possible senator mccain will pass the deciding vote. He killed obamacare repeal, will he kill tax cuts . We simply dont know. Will Claire Mccaskill vote yes . That too is possible especially after President Trump speaks in her home state of missouri today. He will say tax cuts, quote, poor rocket fuel on the economy. Just let missouri voters want to hear. Senator mccaskill is up for reelection. Have we got a show for you, including Nbcs Matt Lauer has been fired. Varney company is about to begin. This is truly a bomb show. Nbc not lower its outcome is fired from the today show. Heres the reaction from savanna guthrie in the morning show today. Roll it. For the moment, all we can say is we are heartbroken. Im heartbroken. Matt is made dear, dear frien
Medical business. Apples watches will be used to study the heart. Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. This morning republican lawmakers are scrambling to save their tax bill. The senate worked into the night as the republicans tried to get enough support and vote on the plan today. Republicans are making changes including back tax cuts. Yesterday analysts said the legislation would add 1 trillion to the nations debt over the next decade. Opponents warn the bill would harm the middle class with cuts to entitlement. You will not support any cuts to social security, medicare. Can i get that from you . Im not going to cut any there it is. He just told you hes going to cut social security. Two did announce their support for the tax package yesterday. As the bill gained momentum, the stockmarket hit record highs. The Dow Jones Industrial gained 331 points to close the mark for the first time. The s p 500