Bill is a crushing blow to the middle class. Ultimately, the republicans have taken what they call a once in a Generation Opportunity on tax reform and squandered it on corporate welfare and tax cuts for the rich. Reporter lawmakers still have work to do before heading home for christmas. A funding bill still needs to get passed this week to avoid a government shutdown. In washington, griff jenkins, fox news. At t said today that it plans to invest an additional 1 billion into its u. S. Networks following the passage of the gop tax bill. The company also said it would give 200,000 employees a one time bonus of 1,000. The company says the provisions were a result of the tax bill which slashes the Corporate Tax rated from 35 to 21 . At ts current effective rate is 32 . Wells fargo says they will raise their minimum wage for employees to 15 an hour as a result of the bill. Wells fargo says they plan to donate 400 million to nonprofit and Community Organizations next year. We have a tax ex
Service body for palestinian refugees, less than half of its expected contribution. Global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. Analysts in over 120 countries. Im alisa parenti. This is bloomberg and Bloomberg Technology is next. Emily im emily chang and this is Bloomberg Technology. Bitcoin tumbles, its worst decline since 2015 . We catch up with arianna huffington, what she has to say about current ideal plans and the me to movement. And one of apples is getting slammed for harsh conditions. There hasnt been a a selloff like this in bitcoin in months. Less than a month ago bitcoin was trading at almost 19,000, rival cryptocurrencies are also doing the pain here it to discuss that and cover all of the news in cryptocurrency, we correspondent and also cory johnson. What is boeheim the pressure . Rampant speculation by a handful of traders, an interesting piece that we have been suggesting that a lot of the rise in bitcoin years
Dont even have to leave the comfort of your Kitchen Table with that computer this morning. Well be mid50s for a highs this cyber monday. Just a small spotty shower chance today. That is going to change heading into tonight. Cloud cover will be be be increasing. I do think well see some filtered sunshine this morning. So thats great. We see these just random little spotty i shower 77 north to 76 west, theyre expected to reopen by 6 00 a. M. , and, again, were looking great on the map. No accidents or major delays at 5 02, as maybe of you guys e. R. A. Trying to prepare to get back into the work and school mode. So coming up at 519, well lab at i90 on both the east and west side. Back to you. Break news overnight. Cleveland police say an Apartment Building had to be evacuated after a shooting. Were told two men went into an apartment, filed several shots, hitting one man, and hits a main water line. Caused the evacuation. Police are searching for the two men who were last scene leave nag
Leave. [applause]. Lets talk about Workforce Development. That seems to be the kind of thing that americans do not think about when they think about the positives of the u. S. Economy. We dont have stem education, were behind the rest of the world and this, this, that, and the other thing. Yet part of the reason why the direct investment comes from japan is because of the workforce as it is and can be described. When it comes to the plan at least 2000 people are needed to walk with us. Will you have the equivalent number of people needed working at the supply plant. So including at least the 4000 employees are needed. At the level that the consumer can evaluate. So our motto was the Workforce Needs a human element. The human itself makes the when we want to expand and have the next line we also need to have other people, how can we recruit those people at the same time maybe the same thing could happen. You need 4000 people to operate the two lines. More than that. Coming you have robo
Actually taken that question out in terms of the financing for the surveys, so that no one can even if, whether it was a monetary incentive or not, if people were thinking and believing that, we wanted to take the action. Now, going to part two, that medication assisted treatment, which i know you all are working deeply on, we are as well, you may have heard that last week we announced that we have put out a final regulation that will increase the numbers that doctors who are prescribing, as long as they meet certain conditions, because we want to make sure we do this in a safe way, that theyre able to do. In terms of that expanding medication assisted treatment. As well as were also today releasing two reports on ways to help pregnant women and new mothers. Because thats a part of this, with the medication assisted treatment. I see head nods. This is something you all have told us is one of the problems. Weve got two reports coming out to help with that treatment in terms of pregnant