Mike pence reaches out to republicans. President obama reaches out to democrats as the overall fight gets underway. Racing ahead. Auto sales reach a record as more americans drive off with new cars. Is this as good as it gets for the industry . And making the most of your mutual funds this year. Passive or active . Bonds or stocks . The trends that could shape your year ahead. Those stories and more on nightly Business Report for wednesday, january 4th. Good evening. Welcome. Its underway. The battle over health care has begun and it is happening in pretty dramatic fashion. President obama was on capitol hill this morning to rally his party in an effort to protect the signature law of his administration. At the same time, in the same place, Vice President elect mike pence worked with republicans to work on a strategy to repeal and replace it. Though few details were given, the lines were clearly drawn. Whatever decisions were made, the impact will be far and beyond the 20 Million Peopl
Manus you are welcome. This is bloomberg daybreak europe. Our flagship morning show. I am manus cranny in the city of london. Anna edwards is on her way to the Supreme Court on the article 50 rolling. This is philips which has itselfed it divested an organization. The Fourth Quarter adjusted comes in at a billion euros. In line. It is a slip below. A billion euros is what we earned in the Fourth Quarter. It will maintain a dividend of 80 Cents Per Share in line with what the market had anticipated. They still have a shrew a huge the diagnostic business what will happen with it in terms of the u. S. From once to make America Great. Will that force people to buy shares in something other than phillips. Have a conversation with the ceo very shortly. Market, there is one pervasive theme. The dollar is offered. It all comes back to last week donald trump talking in the wall street journal and overnight it treasuryews of the secretary nominee. From time to time an excessively strong dollar,
Describing the dollar as strong. And Easyjet Brexit turbulence. The Budget Airline says sterling will impact earnings by over 100 Million Pounds. It rose 20 since october in the shares keep climbing . Matt well, we are looking at futures that indicate we could see gains across europe this morning as the ftse futures are at about. 3 , cac futures up about. 2 , dax futures very little change after drops across the board yesterday. We see further pound weakness today, or should i say we see dollar strength. The dollar, after coming off a little bit off Steve Mnuchins comments, starting to gain back the strength that have lost. Guy absolutely, let the show you on the gmm. The british pound is the big loser. This is advance of the Supreme Court ruling, which comes through at 9 30. As matt says, more to do with whats happening with the dollar. They got hit a bit yesterday, and now beginning to come back. This morning it is down but it is starting to rise. The yen is down as well. The aussie
Waiting 13 years for a visa but federal lawsuit filed Tuesday Morning by aclu in philadelphia could reyou night the family. It is our hope that the assistance of the u. S. Attorneys office here in philadelphia, with the department of justice in washington that we will be able to reach agreement. Reporter all of the while sisters, were thrilled to see their mother, approved of a six month travel visa and planning to spend the time between the university of delaware and Michigan Technical Institute where the two sisters are ph. D. Candidates. Their mom though sent back to iran. Shes shock. The shes really shock from the whole experience. Reporter not before customs and Border Protection agents searched their bags and allowed airline work tore deliver the girls this gift, identical gold necklacees for their upcoming birthdays. It is a comfort and reminder of the add screens we went through at the same time. We want to be handed to us by our mom. Reporter ukee and jessica the federal lawsu
Waiting 13 years for a visa but federal lawsuit filed Tuesday Morning by aclu in philadelphia could reyou night the family. It is our hope that the assistance of the u. S. Attorneys office here in philadelphia, with the department of justice in washington that we will be able to reach agreement. Reporter all of the while sisters, were thrilled to see their mother, approved of a six month travel visa and planning to spend the time between the university of delaware and Michigan Technical Institute where the two sisters are ph. D. Candidates. Their mom though sent back to iran. Shes shock. The shes really shock from the whole experience. Reporter not before customs and Border Protection agents searched their bags and allowed airline work tore deliver the girls this gift, identical gold necklacees for their upcoming birthdays. It is a comfort and reminder of the add screens we went through at the same time. We want to be handed to us by our mom. Reporter ukee and jessica the federal lawsu