That sent an alert for an incoming missile, global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. Im Alisa Parenti and this is bloomberg. Emily im emily chang and this is bloomberg technology. Coming up, apple under pressure. Reports of leaked iphone x sales and a new u. S. Department of justice probe. The new alliance take aims at health care. Jpmorgan and join forces. Onebook cross the lines running cryptocurrency promotions on its platform here it the selloff continues for u. S. Stocks with most declines since august. A u. S. Rate decision, the president s address to congress in the state of the union, lets bring in cory johnson in new york. Walk us through the highlights today. Y there are a lot of the factors that lead to a market selloff. It is such that the baby in the bathwater all go together, but there are interesting developments in the world of tech and i think most important, one of the reasons for people to sell stocks was t
November. The road map begins with the trump effect. Gm, walmart and now hyundai announcing Big Investments in u. S. Jobs. But with four days until inauguration, could the president elect and gop be at odds over the fade of Corporate Tax reform . Plus, in a deal creating the Worlds Largest publicly traded tobacco business, British American tobacco buys what it doesnt more oalready own. Well be joined by reynolds executive later. The chinese president drawing a line on trade with donald trump. Well go live to the Economic Forum where squawk has been in davos. First up, the president elect telling the wall street journal a border adjustment measure in the house gop Corporate Tax plan is too complicated. The republicans pitched their plan plan. More companies reacting to the president elects push for more jobs in the u. S. Walmart adding more jobs this year. Gm planning 1 million 1 billio investment. Hyundai the same with 3 billion. It points to what the markets have been thinking this po
The chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority and minority leaders and the minority whip each, to five minutes but in no event shall debate ontinue beyond 1 50 p. M. The chair recognizes the gentleman from oregon, mr. Lumenauer, for five minutes. Mr. Blumenauer i arrived at my office this morning to a politico on the front page head line blumenauers death panel bill lives on. Its actually a terrific article by jo ann kenan but a terrible headline about nonexistent death panels symbolizes why three congresses later we still have not helped families deal with the most difficult circumstances any of us will ever encounter. This issue hit me with full force 10 years ago in the midst of the Terri Schiavo case. Where we watched one familys tragedy turn into a National Media circus and a political spectacle. All because one 27yearold woman didnt have a conversation with her loved ones to make her wishes kno
Thats right. Well the president is beginning his first full day here at the white house of 2018 much the way that he spent 2017, spending much of his morning on twitter and one of the tweets he posted this morning appears to lob a new attack against the Justice Department. He suggested this morning that the Justice Department is part of the quote unquote deep state that he believes is conspiring against him. In recent months weve seen him go after top Justice Department officials, top fbi officials and suggest that the fbis reputation is in tatters. But that was just one of the many tweetsz that the president posted this morning. He has a lot on his mind as hes beginning his first full day here of 2018. Also tweeting support for the iranian people who are protesting, of course, their sixth day of protests in iran, calling the Iranian Regime brutal and corrupt and tweeted about the north korea threat, of course, and the possibility of potential negotiations there. A lot on the president