Visit to south korea u up a percent and closed for the holiday. Donald Trump Twitter account goes dark and company is blaming a rogue company. Fbn am starts right now. And it is awe 01 a. M. Friday november third, apple friday. Good morning im sharon. Im Lauren Simonetti thank you for joining us. Tgif breaking news of the morning that plan for the biggest tax overhaul more than 30 years it is out. House republicans introduce a temple bill which would lower the corporate rate and simplify the personal brackets for all of you. President trump tweeting last night great tax rollout today. The lobbyist and storming capitol hill but republicans will hold streeng do what is right for america. Adam shapiro is live in washington with what is this the bill. Reporter good morning now that details are out on tax reform, everyone is looking at whats going to happen in the shat. But some of the big things that were announced yesterday we expect to be part of the senate plan, and for instance income
Nightly Business Report for friday, january 3rd. Good evening. Welcome. Im tyler mathisen. Sue is off tonight. Wall street levitated into the weekend. Stocks got a big lift on what investors see as gifts from washington. First regulatory rollback. The white house took the first steps to scale back rules put in place after the financial crisis to govern bank behavior. Those rules criticized by bankers as too complex too, restrictive, aimed to keep taxpayers for becoming the ultimate back stops. Then there was a wide ranging and clearly friendly discussion between President Trump and u. S. Top business leaders. Add to that a strong month for job crease and boy, do you ever have a recipe for a triple digit gain. The Dow Jones Industrials rose 186 points. Back above 20,000. Nasdaq closed at a record high of 30. And the s p 500 added 16. Meanwhile, back at the white house, those first deregulatory steps came in the form of an executive directive. President trump signed actions, signed an ac
U. S. Diplomatic sources say the measures include a ban on fuel supplies to north korea, and restrictions of Mineral Resources from the country. The draft resolution would prohibit trade of civilian goods which could be used for military purposes. It calls foreign hans for enhanced subject to asset freezes and travel bans. China expressed support for the plan. We certainly hope that the resolution will achieve the objective of denuclearization. The u. S. And china agreed to the sanctions on wednesday. The two big powers had different views on how to approach them. Washington wanted a harsh punishment, while beijing preferred dialogue. The Security Council could vote as early as this week. The operator of the crippled Nuclear Plant says it is moving forward to contain radioactive water at the facility. Tokyo electric Power Company says it will soon be able to stop the influx of contaminated water in some parts of the plants reactor facility. Theyre still filled with highly radioactive w
The measures include a ban on fuel supplies to north korea, and restrictions of Mineral Resources from the country. The draft resolution would prohibit trade of civilian goods which could be used for military purposes. It calls foreign hans for enhanced subject to asset freezes and travel bans. China expressed support for the plan. We certainly hope that the resolution will achieve the objective of denuclearization. The u. S. And china agreed to the sanctions on wednesday. The two big powers had different views on how to approach them. Washington wanted a harsh punishment, while beijing preferred dialogue. The Security Council could vote as early as this week. The operator of the crippled Nuclear Plant says it is moving forward to contain radioactive water at the facility. Tokyo electric Power Company says it will soon be able to stop the influx of contaminated water in some parts of the plants reactor facility. Theyre still filled with highly radioactive water. Contaminated water from
Sitting at the table for peace talks. And a growing case. Japans food exports hit another record last year as more people around the world crave japanese cuisine. This years u. S. President ial Selection Process has kicked off with a key vote in iowa after a tight threeway contest. Ted cruz has gone on the republican side. The democratic side is still too close to call. Cruz wasnt the frontrunner coming to iowa, but he managed to come out on top. The texas senator is considered a hardline conservative. Hes taken a tough stance against Illegal Immigrants and in his approach with dealing with Islamic State militants. Cruz beat his main rivals, real estate mogul donald trump and florida senator marco rubio. On the democratic side, former secretary of state Hillary Clinton has beaten vermont senator Bernie Sanders by a razorthin margin. Results from iowa are the first real indication of which way voters are leaning. They could affect the course of the Selection Processes in other states le