attacked more than a0 towns in the eastern regions of donetsk and luhansk. concerns raised by families of two small children who were later murdered weren t taken seriously by child protection officials, says a review. and the man with a new lease of life after a double hand transplant. and coming up on the bbc news channel the mass exodus at manchester city women continues, as the club announce that defender lucy bronze will leave at the end of her contract this summer. good afternoon and welcome to the bbc news at one. the chancellor rishi sunak has been setting out the government s measures to address the rising cost of living. the chancellor said his package is worth £15 billion. it is expected to be partly paid by a windfall tax on oil and gas companies something ministers had previously opposed. the measures include 8 million of the lowest income households will receive a one off payment of £650. and from autumn, 8 million pensioner households will receive a
2. 48 our roadmap begins with futures on the rise as the tax bill passes the senate set to pass the house again. Well get the latest on what the highly controversial plan means for business and individuals. Fedex shares are up on strong earnings and ceo laying out how he believes the new tax plan will benefit his country. Bitcoin in bear market territory. Well look whats driving the wild xring swings and one crypto is out. One step away from the president s desk, the senate pass the gop bill along party lines after amending it because of a procedural snag legislation goes back to the house for a revote slated to take place in a few hours. The president will hold a News Conference afterward gary cohn, the chief white house economic adviser spoke to mike allen a few moments ago. This is what he said about taxes and how the stock market is spend responding. I think theres more momentum in the stock market. What do those two baskets tell you that tax cuts are not priced in the stock market
Road map begins with a meg amerger in the works, qualcomm considering but re, a deal with broadcom, plus softbank in the failed talks to get together with tmobile, betting the Wireless Network will prove critical to support future growth and ill have more on their future plans. 11 royals arrested as the crown prince moves to consolidate power. The news of the morning that was broadcom confirming the unsolicited byover bid for qualcomm they acknowledge receiving the offer and david has been all over it all morning long. The question now will be when not if they reject the bid because they rereject. The only question is how long they take. They need to review it and need to be fair they have not spoken to broadcom, as i reported last night, there had been an attempt made by broadcom when it began some months ago to engage in talks with qualcomm. That was quickly rejected. There was never a formal proposal made, they were given the heisman so early at broadcom they wshts going to get anyw
Microsoft and alphabet last week and debate whether apple can turn the tech story around. Global debate about apple. More on that in just a bit. Valeant getting a ceo the same week Michael Pearson is to testify on capitol hill. Also argentinas return to the bond market. Kay kelly will return and tell us what it means. After the bell, well discuss why nikki sixx is calling on president obama to go after youtube. You have nikki sixx and youtube, only on closing bell would you have that. We start in saudi arabia today. All right. We dont start in saudi arabia. So lets go to our cnbc Closing Bell Exchange with the dow down 61 points. Joining with us we have rob weiner, ben willis and Rick Santelli checks in from chicago as well. Ben, the tradition lately has held leading up to a Federal Reserve meeting that the market tends to rally. Not a hard rule but that typically is what happens. Is Something Else going on . Something else is going on. When its the fomc by itself but the problem Centr