Legislation. Matt and mickey under the microscope. Disneys 52 billion from fox. The president of the United States has already called to congratulate Rupert Murdoch. The fcc rolls back net moving themoves, power to broadband companies. Good morning and welcome to bloomberg daybreak europe from the city of london. We have breaking news from airbus. Airbus sees no further mandate beyond april of 2019 and the coo is going to step down in february of next year. In just three months time, big changes at the top of airbus. We will continue to cover this story for you throughout the day. Once again, tom enders is going to step down after his mandate ends in april of 2019 and Fabrice Bregier will leave at the beginning of next year. A lot going on on this friday and you are going to want to watch treasuries as the tax reform debate continues. Manus told you, once a larger child tax credit. Donald trump says he is sure rubio will vote for the legislation. Treasury yields up by one basis point.
Before one of the major holidays. We are heading for the end of the year. That is the attitude today. All three averages at simultaneous highs. Tied to optimism over the tax bill and the effect andould have on corporate stock prices. All three averages are reaching highs. The nasdaq has been lagging. We have a graphical look at this. The white lines are the times that the major averages closed at highs. The dow 69 closing high, now counting today. The s p is 61, and the nasdaq is 71. That is the number of times those major averages closed at records. The dow is close to breaking its record in recordsetting closes for the year. The last time it was this high was in 1995. Some of the out that we have seen include elliott management. In thend a half stake company and it seems numerous strategic opportunities. Shares are soaring nearly 50 . Jp morgan calls it one of his top midcap ideas for next year. Products are improving. Maker wasipment upgraded at keybank. An analyst says the stock is
Country at the moment, and for the remainder of this week, it looks as though its going to be windy, with gales at times. This is the story and this is why it looks so bleak. There is a lot of cloud and the rain is sweeping from west to east eddies and once that clears away its going to be replaced by more. But this time it will be the strength of the wind. This is storm eleanor and on its southern flank we are likely to see gusts of up to 80mph through the night to night. Probably Clearing Northern ireland around midnight, heading towards a southern scotland and north west england and north wales. 80mph is enough to cause disruption. The strong bit of the winds easing to the east of the pennines as we go through the morning. For the far north of scotla nd morning. For the far north of scotland tomorrow morning, slightly lighter winds and a colder start, a little frost around as well. Into northern ireland, southern scotland, north west england, we are still likely to see gusts of 40mp
Its the 2nd of january. Im ben brown. Welcome to bbc newsroom live. Protests have been taking place at around a0 railway stations across the uk, following the biggest increase in fares in five years. Average ticket prices have risen by 3. 4 , with many season Ticket Holders now having to pay more than a £100 a year extra. Campaigners warn the rise is pricing ordinary people off the railways. Labour have described the rail franchising system as a racket but the government says its investing more in faster, more reliable trains. Heres our transport correspondent, Richard Westcott. Hi, there. Can i see your tickets, please . Another new year, another fare rise. Regulated season tickets go up by 3. 6 this year. It will add just shy of £150 to the price for commuters coming into london on the strike riddled line from hove in east sussex. Nearly £110 to a yearly ticket from liverpool to manchester. And commuters going into birmingham from gloucester must find £140 more this year. Many no
Slower Consumer Spending early in the year. Not affecting stocks at the moment as we see the dow with little change and the s p and nasdaq gaining at the moment. Lets look at individual stocks. I wanted to look at amazon and what we have seen so far this year. Shares were up about 9 today were up to date and 9 year to date and they are expected to close at a record depending on gains. Amazon is going to be raising its amazon prime fee but only for monthly customers. Most are annual, but the monthly fee is going up to 12. 99 from 10. 99, but they have been a on a good run so far 2018. Mark carney season continues to ramp are earning season continues to ramp up. Ibm coming out with increasing sales for the first time in six by as muchit is not as cloud computing, said those shares are down. American express spending more for its customers. In other words, getting more and rewards. Those costs are going up. Jeff campbell says renewing its aret deals were going going to crimp money this ye