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league s world cup for the first time lies in the balance. and england struggle to take hold of the opening day of the second test in adelaide, the first day night match in the history of the ashes. and in half an hour here on bbc news the travel show goes to the usa to meet competitors in a unique international championship. good morning and welcome to bbc news. the us senate has approved a sweeping tax reform bill, putting president trump on course for his first major legislative achievement since he took office. these changes are the biggest tax overhaul since the 1980s and would see a sharp cut in corporation tax bringing it down from 35% to 20%. the democrats voted against the plans, but the republicans won a narrow victory, by 51 votes to 49. mr trump s legislative success comes just hours after us media reported that his former national security adviser is prepared to give testimony that implicates the president s son in law, jared kushner. the white house says ....
all closed at records for the second straight day. we have more on that in just a moment. but we begin tonight in our nation s capital, where there are new developments on an issue of critical concern to investors like you tax reform. today the republicans sent out a save the date notice for september 25th, when they plan to release the core elements of what they call big, bold tax reform. this is the beginning of the process. it s the beginning of a very important process to achieve for the first time in a generation overhauling our tax system and giving middle class families and as the gop prepares for its legislative push, the president, encouraging lawmakers to work quickly, made clear what he wants to see in the proposal. make the tax code simple and fair. cut taxes substantially. it will be the largest tax decrease in the history of our country for the middle class. encourage companies to hire and grow in america. and by doing that, we re going to have to ....
donald trump promises help to the people of florida as he hands out food to survivors of hurricane irma. britain begins a public inquiry into the tower fire that killed 80 people in june. three months after the disaster, we talked to activists seeking justice. it is good to have you with us. we begin with the russian word that means west. that is the codename that russia is giving its latest wargames, its biggest in four years. moscow says the exercises are defensive, but neighboring countries are unnerved by what they see as russia testing its ability to wage war. around 12,700 troops are involved. western experts believe those numbers may be as high as 100,000. the drills are taking place in western russia, belarus, and in the russian enclave there. the baltic republic and further south, this is where drills are taking place. there are 4500 soldiers deployed after russia s annexation of crimea. that was nato s biggest troop reinforcement in those countries since t ....
the ftse is down, and the spanish market, all down following what happened yesterday. and we ll be getting the inside track on the big tech stories of the week, including the ongoing row over russian hacking in the us. rory cellanjones will be here to talk about his exclusive interview with the founder of kaspersky labs later in the programme. so today we want to know, how safe do you feel online? and do you trust internet security companies? let us know, just use the hashtag, #bbcbizlive. hello and welcome to business live. we start in the estonian capital tallinn, where european union finance ministers are gathering this weekend. top of the agenda are plans for a shake up of the way huge tech firms, the likes of google, facebook, apple and amazon, pay taxes. the giants of the so called ‘digital economy‘ have faced criticism in europe forfailing to pay what some see as their fair share of tax. so what s being proposed? well, the plan is to make the companies pay ta ....
mr. lahood: we ll come to order. without objection, the chair has authorized to declare recess of the committee at anytime. good morning and welcome to today s hearing entitled bolstering the government s cybersecurity: lessons learned from wannacry. i recognize myself for five minutes for an opening statement. i want to welcome the witnesses here today and welcome chairman smith, oversight subcommittee ranking member lipinski, our expert witnesses and members of the audience. cybersecurity, a concept we hear mentioned frequently, especially in this period of rapidly emerging threats, is an ever-evolving concept. maintaining an effective cybersecurity posture requires constant vigilance as new threats emerge and old ones return. too often, however, when we hear about the importance of cybersecurity, we are left without concrete steps to take to ensure or systems are best positioned to defend against emerging threats. one of the goals of today s hearing is to learn abo ....