He tweeted let righteousness flow like an ever flowing stream. Congressman john conyers is the michigan democrat will decide within days whether he will resign a longer for congressman john conyers says the michigan democrat will decide within days whether he will resign. H isdded that conyers healt not the best right now. Party leaders, including nancy pelosi, have called on 80yearold conyers to step down. The eu says that british Prime Minister theresa may has until monday to present its final offer so we can be assessed ahead of a summit in two weeks. Tusk spoke alongside the irish Prime Minister. The irish Prime Minister says that they must guarantee there will be no northern border between ireland and the irish republic after britain exits the bloc. Day,l news 24 hours a powered by over 120 journalists and analysts. I am Mark Crumpton. This is bloomberg news. Julie live from new york, i am julie hyman in for julia chatterley. Scarlet i am scarlet fu. Joe and in joe weisenthal. Jul
Law. Japans United Nations Ambassador Says his government opposes any unilateral measures. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. Parenti. This is bloomberg and Bloomberg Technology is next. Emily chang, and this is Bloomberg Technology. Up, bitcoin mania. We look at its wild week and a major milestone coming up. Plus, nintendo continues a very successful year. We will hear from the companys head of americas about what they have planned for the Holiday Season and 2018. And notable investor tim draper talks about his new fund and weighs in on bitcoin. First, another wild week for bitcoin, the worlds most valuable cryptocurrency. It has been flirting with 17,000 this week, but that has prompted debate over if it is the real deal or not. I could care less how it trades, why it trades, who trades it. If you are stupid enough to buy, you will pay the price one day. Im afraid this is irrational greenspansto use famous phrase.
Your living room, we hear from the brain behind amazons alexa. First, to our lead. After Senate Republicans passed their version of tax reform in the u. S. We explore the ways the , proposed legislation could affect the tech industry. Take a listen. It was a round of applause on capitol hill for gop senators as they passed their version of a tax bill. Pushing the Trump Administration closer to its first piece of signature legislation. If they sent it to my desk, i promise all of the people in this room, my friends, so many friends in this room. I promise you i will sign it. I promise. I will not veto that bill. Tech companies have spent to spent big to make sure their interests are heard. Big tech stands to benefit in a few ways. The latest bill would slash the corporate rate from 35 to 20 . According to goldman sachs, the tech sector already benefits from a 24 effective rate. Then there is the hordes of cash stockpiled overseas. Big tech stands to benefit from this legislation that al
The majority whip also says disasterrelated aid will be included in a shortterm government measure. Congressional leaders are scrambling to get compromised legislation for a floor vote next week. Vice president michael pence plans to delay his trip to the middle east. Pence plans to leave for egypt on tuesday so that he can preside over the senate during that tax vote. Five years ago today a gunman shot and killed 20 children and six adults at Sandy Hook Elementary School in connecticut. They are observing the day in private reflection. Flags statewide flying at half staff today. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti, this is bloomberg. Bloomberg technology is next. Emily im emily chang and this is bloomberg technology. Coming up the fcc officially , hits reset on the internet. What the contentious vote to repeal Net Neutrality protection means for the internet of the future. Plus, disneys megadeal fo
Im Morgan Brennan in for sara eisen great to have you with us lets get straight to the latest on harvey in a few moments, first a check of global markets. In an extraordinary turnaround. Yesterday at this time, we saw dow futures down 150 points, p in the end they ended up 56 points higher. That turnaround coming a half hour after the open in terms of the most pronounced fashion, Consumer Confidence came in, but the main reason is that that realization that the north Korean Missile test did not affect things much we got that turnaround and its continuing today the dow higher by 45 points. The nasdaq by 15 tenyear treasury note fell below 2. 1 were back above 2. 1, but the net fall in yields yesterday did weigh on bank stocks turning to the rest of the world, that similar dynamic we saw playing out in u. S. Equitie yesterday playing out today in the asian markets which closed mostly higher. The nikkei up 0. 8 the hang seng, that was up more than 1 . The shanghai composite closing about