The first trillion dollar company, the details on jeff bezos power lunch. Welcome, everybody im brian sullivans better looking twin brother lets look at the markets. The dow, s p and nasdaq hitting record highs again today telecon and Consumer Discretionary are the best performing sectors not a lot but enough, the nasdaq and the s p may be down a bit right now but hitting lord highs, verizon, merck, boeing, disney are your dow leaders. Boeings move comes on the back of 10 gain yesterday. On the flip side, the transports are having their worst day in over a month 5 below their record high get this, just breaking a few minutes ago, adp shares, they probably make your payroll checks, soaring on news that bill Ackmans Pershing Square is building a stake in the company. Im Michelle Carusocabrera its the busiest names of the earnings season. Check out the names, verizon, u. P. S. , adp, mastercard, twit to name a few lr then the afterthebell biggies, and this is a biggie, amazon, starbucks a
Didnt dictate but weighed in quote like any father would. This is all happening, by the way, as the White House Daily press briefing wrapped up ahead of whats going to happen in just a few minutes where the president will speak live. This all happening as john kelly as chief of staff booted former Communications Director anthony scaramucci. Now, at any moment, we dont know if there will be a q a opportunity here, possibly not. But the president is scheduled to sit down in one of those chairs, at least at the podium and speak at the event that the white house calls part of its American Dream week. More than 100 Small Business owners invited to the white house to hear how the pro Business Administration plans to support the Growth Engine of the u. S. Economy. Were going to bring you this comments live when they happen. As we watch this historic market march. Evan tackling the politics end of it and remainoned james ceo paul riley here exclusively to explain how President Trumps actions o
General Michael Flynn at this hour. The fallout from his resignation last night resonating from the capitol to moscow. President Trumps National security adviser falling on his sword after it was revealed he talked to the Russian Ambassador about sanctions during the transition and misled Vice President pence putting pence in a very awkward position. Richard haas was a staffer at the National Security council on bush 41. Now the counsel on relations with me live on what he says is the most burning question you all should have about flynns departure . And tesla was far and away the leader in the driverless car race but is the combination of Silicon Valley and detroit about to leaveering lon muscin the slow lane. Jeff flock and star auto analyst tim higgins is a journalist on this stuff. Hell get the checkered flag in the next great car race. Which names you might want to be looking at to buy on this one . Air jordan slamdunks the drama at Madison Square garden between former knicks star
Because the deduction is capped, it will be disproportionately and it will benefit working and middle class families. Got to take care of our middle class families. The less you make, the larger the share of your income you can exclude from taxation. Parents will also be enroll a taxfree dependent savings account for their children or elderly relatives. Low income households will benefit from an expanded earned income tax credit in the form of child care rebates and matching 500 contribution for their savings account. A married couple earning 50,000 per year with two children and 8,000 in child care expenses will save 35 from their current tax bill. Thats a tremendous savings. [applause] mr. Trump and will have a better life. A married couple earning 75,000 per year with two children and 10,000 in child care, expenses will receive a 30 reduction in their tax bill from what they are paying right now. Someone earning 5 million, like the people in this room, will receive virtually no chan
The case. Thank you very much. Thank you, mr. Chairman. Thank you both for testifying today. Admiral, in your testimony you point out that we insist that all Maritime Claims be deraved from naturally formed land features in accordance with International Laws reflected in the law of the Sea Convention. Are we at any kind of a disadvantage because we havent been a signatory to the law of the Sea Convention . Senator, i believe we are at a disadvantage because we dont have the moral high ground that other countries who are cigna tors, including china and russia have. So when china makes these outrageous claims in the South China Sea, and the philippines challenges one of those claims and we support the philippines right to make that claim, at the same time were not a signatory, that looks strange. When russia makes claims in the Arctic Circle and they tell us, you have no standing on which to complain because youre not a signatory to the law of the sea, it puts us at a disadvantage. Thank