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Speaker paul ryan wednesday on a procedural hiccup. The message to the hard working taxpayers of america is your tax relief is on its way. Democrats focused on the tax cuts for the rich. Tax cuts dont lead to job creation. They lead to big ceo salaries and money for the very, very wealthy. Now the republicans are taking their cool victory lap, toasting it with champagne, with their donors, and the wealthiest. But they didnt do what they promised. President trump now tasked with selling the plan to the people, recent polls showing it is unpopular with most americans. The white house says theres a process before it hits the president s desk. So no date has been set. Abc news, washington. Despite the bills passage, stocks dropped a bit. At t employees are getting an immediate boost from the bill. 200,000 work letters get a 1,000 bonus each. Thats nearly all the telecommunications companys 256,000 employees. San franciscobased Bank Well ....
Avoid. They could reopen it as early as 7 00 but not before that. It happened at 2 50 this morning. We are near the coliseum. Traffic is being forced to exit at 66th avenue. This was a fatal accident as a fedex truck crashed with a sedan and one of the drivers was killed. Our officers found paramedics were already on scene working on the driver of the overturned sedan. A person was pronounced dead on scene. The big rig driver was transported for injuries. Reporter they dont know the cause yet of the accident but are making progress as far as getting this cleared. The tow truck is here to get those cars uprighted and out of here, and the coroner has also arrived. They say at least theyll have an hour of work left to do here, maybe more. Live in oakland, Amy Hollyfield, abc 7 news. Amy, thank you. Still a long ways to go. We have just received a statement from fedex about the crash. The company says, quote, our thoughts and prayers ....
A warm welcome to bloomberg daybreak europe, our flagship morning show from here in london. Manus where waking up to her we are waking up to a complication of global risk, north korea bringing tensions to bear. The on markets are moving and this is the impact, 78. 02. The lower dollar or risks and north korea, the daily prophet says we need to start paying attention, gold is at 2017 highs. It is not just a technical move. Positions are the most bullish and 11. , the prime 12 hours minister of japan said this is a grave and serious threat. Launching the missile over japan. The markets seem to be rattled more than they were last week. Anna markets are rattled and the gold went through 1300 a troy ounce. Going onomething else with gold even if it is just about dollar weakness, to what extent does that matter if this is the driver, if this is happening in the gold markets. Lets put up the border risk radar. And other assets we are keeping an eye on this hour. That is not what it looks like ....
Brian we begin this program in burundi where turmoil is continuing. The embattled president has sacked his foreign and defense ministers. Peter this new cap this news comes five days coup. Brian it is seen as deep divisions in the administration as it tries to come to grips with ongoing violence in the capital. Reporter shots again fired in the capitol on monday as soldiers tried to disperse antigovernment protesters. In recent weeks it was the police clashing with demonstrators. Then a sign of everincreasing tension, the military is on the streets with machine guns and rocket correll rocket propelled grenades. We will continue with the protest. Even if they shoot at us, we will stay on the streets. Reporter more than 20 have been killed in burundis worst crisis in a decade. It began after the president announced he would run for a third term. Many believe that is unconstitutional. Despite considerable opposition, he seems to be cementing his grip on power. He survived a coup attempt l ....