Lavongo on their merger and the first companys earnings report. David has news on microsoft and tiktok. Want to continue to update a story were following closely given we have not seen anything like it. Tiktok the incredibly popular social media app in the u. S. And around the world, bytedance its owner, the u. S. Government saying we will shut tiktok down in the u. S. Unless you find a way to transfer all of it to u. S. Ownership and microsoft playing the role as potentially the only suitor for the business i wanted to bring everybody up to date on new reporting that ive got because it is interesting. Both sides right now, bytedance and microsoft and of course the u. S. Government is still very much involved in this as well are negotiating to try to reach some sort of an agreement under which microsoft would buy the u. S. Business of texas toks u. S. Bit from bytedance within the next two to three weeks. That seems to be what theyre hoping for in terms of a timeline obviously in these
And vicki kennedy, the widow of Edward Kennedy discussed their husbands careers and legacies conversation about Public Service at the Kennedy School of government and Harvard University. Next, a house panel looking at the Trump Administrations changes to the Supplemental Nutritional Assistance Program. We hear from the Senior Vice President of the no kid Hungry Campaign and antipoverty advocates. Come to order, weve got objection and the chair is authorized for a recess at any time. I now recognize myself for five minutes to give an Opening Statement. Every child deserves the chance to grow up healthy. Children shouldnt have to worry about where their next meal will come from. Thats an unimaginable burden for a young person that can deprive them oftheir childhood. Food insecurity hurts childrens academic outcomes, their ability to Pay Attention and their behavior. It has longterm impacts on physical and Mental Health and even depresses lifetime earnings. As doctor Martin Luther king sa
Use. Reporter they also weighed in on governor good afternoon newsoms plan to spend 750 million of taxpayer money to fix the states homeless crisis. Up for debate, the way in which the money will be distributed. Newsom wants to hand out the funds through regional administrators. Assembly member phil ting said adding another layer of bureaucracy doesnt add up. The dollars need to go where the responsibility lies. Those of us who are accountable should be able to get things done. Reporter state lawmakers will take the i didnt want from todays hearing as well as other subcommittee hearings to craft their own budget. The state budget is due by june 15th. In San Francisco, melissa colorado, nbc bay area. This impacts almost all of us. What do People Living here in the bay area think about the housing crisis . A new poll asked 500 San Francisco voters about life specifically in the city. 64 ranked homelessness as the top issue facing San Francisco. Nearly 80 said in order to combat homelessn
Markets are not going anywhere, the european stocks are flat, the pound is flat against the u. S. Dollar, this despite some week inflation today and another member of the bank of england coming out and talking about a rate cut coming from the bank. The expectation that we will get another cut is growing. The ruble as well, we saw some movement. The Prime Minister will be stepping down with a lot of questions surrounding why, and what that means for president Vladimir Putins future. Everyone is waiting to see that trade deal get signed. Vonnie lets stay there, a president assad to sign President Trump is set to sign the phase one trade deal in the tower. The agreement would lead leave significant tariffs in place and would punish beijing for failing to deliver on key pledges like currency, and intellectual property. Steve mnuchin spoke about the issue of future tariff rollbacks earlier today. As part of phase two, there will be tariff reductions as part of that. Thats the incentive for
Its time to get an upon the american people. The british Prime Minister is good its time to get an early election is rejected by paul and the you agree to extend the break sit down the election is rejected by palm and do you agree to extend the breaks it deadline by another 3 months. And headlined by another 3 months. And hong kong officially enters a recession after a 21st weekend and by the hong kong officially enters a recession after a 21st weekend of violent unrest. Ill be back with another round up of the headline unrest. Ill be back with another roundup of the headlines next hour meanwhile stay with us for the cause a report next finds next hour meanwhile stay with us for the cause to report next. Oh i. Know its its time to wake up its kaiser report im max kaiser around its its time to wake up its kaiser report im max kaiser fully awake but it seems like im in the minority on that score theyre fully awake but it seems like im in the minority on that score so max we have a theme