Factors them out, and either way the markets continue to advance. Weve got market watcher heather with us and dow jones news wire editor glenn holm. Heather, lets begin with this expectation that were going the see the big tax cuts, and corporations particularly are going to be the biggest beneficiaries of the biggest tax cuts;s that is, taking the existing rate from 35 presumably to 20 . I guess the only detail is when it would take effect. What if they dont do what theyre expected to do . What if they dont pour it into equipment and jobs, etc. , but just into boosting their dividend . Things they can do, its their money sure. Neil what would fallout be of that . That would be very good for the stock market. If it doesnt invest in plant, property and equipment, but if youre still buying back shares and increasing dividends. But if you dont own stocks, it may take some time for the economic effects to play out because you Want Companies to use that cash to hire more workers and for dom
For the first time, a u. S. Business owner tells how the deception hurt her business and her workers. We begin this morning with a look at todays eye opener, your world in 90 seconds. The wave of sexual abuse allegations weve been reporting has now touched cbs news. Following allegations of Sexual Harassment, cbs news suspends charlie rose. He has a lot of questions he needs to answer. The tables need to be turned on him now. I think hes probably toast professionally. Absolutely career ending. I just dont see how anyone comes back from this. Authorities in texas scour the area following the death of a Border Patrol agent. Agent who survived reportedly does not remember what happened. The Argentine Navy is ramp up its search for a missing submarine. As the subs oxygen supply runs low. Another major stepness Pressure Campaign against north korea. The United States is designated north korea as a state sponsor of terrorism. A massive fire erupted in michigan overnight. Authorities say the
They have been under house arrest since late october when they were indicted for money laundering. French Counterterrorism Police have arrested three people in connection with the january attacks in paris that left 12 people dead. An official said two men and woman were taken into custody as part of an investigation. Celebration erupted in following theital resignation of president robert mugabe. He given to overwhelming pressure from the military and lawmakers who were preparing to vote on the motion of impeachment. 27 hours 24 hours a day powered by 2700 journalists and analysts. This is bloomberg. Annalee this is emily i am emily chang and this is bloomberg technology. The tough job that awaits her placement. Slams the plan to roll back Net Neutrality. Wheeler joins us to discuss what he calls a shameful sellout. Means a bloomberg scoop. Hackers to stall the personal data a 50 million customers and 7 million drivers, uber including the former Ceo Travis Kalanick kept the breach a se
Then paid the hackers to delete it and keep it quiet. And meg whitmans departure. We discussed her tenure and the tough job that awaits her replacement. The Trump Administration took a big step towards avoiding obama voiding obama era Net Neutrality regulations. The current sec chairman announced tuesday he plans to hold a vote on overturning the protections. The regulations are intended to prevent broadband providers from favoring their Business Partners offerings or their own video and other content. The fcc would require that all Internet Service providers be transparent about their Business Practices if they are blocking or throttling content. They have to disclose that, and we make clear that the federal trade commission would have authority to police broadband providers if they are behaving in an anticompetitive way. Through those two rules, we would be able to protect consumers Going Forward and promote investment in networks that are necessary to promote digital opportunity. Em
Replacement. The Trump Administration took a big step towards voiding obama era Net Neutrality regulations. The current sec chairman announced tuesday he plans to hold a vote on overturning the protections. The regulations are intended to prevent broadband providers from favoring their Business Partners offerings or their own video and other content. The fcc would require that all Internet Service providers be transparent about their Business Practices if they are blocking or throttling content. They have to disclose that, and we make clear that the federal trade commission would have authority to police broadband providers if they are behaving in an anticompetitive way. Through those two rules, we would be able to protect consumers Going Forward and promote investment in networks that are necessary to promote digital opportunity. Emily we caught up with a man who led the fcc during the Obama Administration when those protections were instituted, tom wheeler. Mr. Wheeler transparency i