Lavongo on their merger and the first companys earnings report. David has news on microsoft and tiktok. Want to continue to update a story were following closely given we have not seen anything like it. Tiktok the incredibly popular social media app in the u. S. And around the world, bytedance its owner, the u. S. Government saying we will shut tiktok down in the u. S. Unless you find a way to transfer all of it to u. S. Ownership and microsoft playing the role as potentially the only suitor for the business i wanted to bring everybody up to date on new reporting that ive got because it is interesting. Both sides right now, bytedance and microsoft and of course the u. S. Government is still very much involved in this as well are negotiating to try to reach some sort of an agreement under which microsoft would buy the u. S. Business of texas toks u. S. Bit from bytedance within the next two to three weeks. That seems to be what theyre hoping for in terms of a timeline obviously in these
Welcome to the program a longtime ally of u. S. A President Donald Trump has been sentenced to 3 years and 4 months in prison for lying to congress and witness tampering or just stone was facing a much longer sentence until the president tweeted about his case lets bring in john hendren not correspondent in washington d. C. Whos been following what has been really a very eventful day. It has indeed President Trump is preparing right now as we speak to address a rally in nevada thats where voters will pick the republican and democratic president ial nominees on saturday for that state and the president is a likely to mention roger stone just as he did earlier in the day stone is a legendary figure loyal to 2 president s he was a dirty tricks or his own words who did the bidding of president Richard Nixon and now he is loyal to President Donald Trump and he was convicted for lying about trumps connections and his administrations connections with russia and about leaked democratic emails
A new front line in the corona Virus Outbreak dozens of people are infected in one of south koreas largest cities. Hello welcome to the news hour President Donald Trump says his long time advisor roger stone has a very good chance of exoneration after he was sentenced to 40 months in prison stoned was convicted of lying to congress witness tampering and obstructing the investigation into possible rushing to ferrets in the 26th in the president ial election prosecutors originally recommended a sentence of up to 9 years in jail but the Justice Department like to reverse that after the president publicly complained our correspondent john hendren joins me now live from washington d. C. Its been a very busy day there just sort of summarize exactly what seems to happen throughout the day. Well so the judge said there was little precedent for what was going on in this particular case she said she wouldnt judge roger stone as a person she would leave that to a higher power but she went on to s
It got within one basis point of 4. 7 . Lets take a look at aluminum futures. A big pop in the month of april but we have seen a steady advance all of 2024 in tandem with commodities. Bloomberg reporting President Biden will propose higher tariffs on chinese steel and aluminum during a visit to pittsburgh today. Some movers on the equities size to tell you about. Chinese steel tariffs sending metal makers higher, although steel coming down at the moment. President biden expected to call for 25 tariffs on chinese steel and aluminum. There totaled 1. 7 billion in 2023. The ftc is preparing a lawsuit to block a fashion companys 8. 5 billion takeover of capri potentially killing a luxury conglomerate. Capri controls highend labels like versace and jimmy choo. In private markets, david hunt says the credit market is heading for a shakeout as investors set higher standards. Here are some of his comments from this morning. All kinds of people set themselves up and immediately are able to rais
Its100 years since women were allowed tojoin its100 years since women were allowed to join the uk armed forces. We found out what has changed between their women who served them and those who serve now. Good morning. Its friday 7th july. Im annita mcveigh. Welcome to bbc newsroom live. President trump has met russias president Vladimir Putin face to face for the first time. The two leaders shook hands at the 620 summit in the german city of hamburg. They are due to hold further talks later. Ros atkins is in hamburg. Welcome to the vast Conference Centre in hamburg, where the g20s summit is taking place. The leaders are here and ready to start negotiations, moving to what they hope will be a communique on saturday afternoon with commitments on some of the most pressing issues oui on some of the most pressing issues our world is facing. There had been broke out last night and into this morning. The German Authorities are telling us that over 70 Police Officers have been injured in the la