Ceo Dennis Muilenburg pays the price for his repeated failings regarding the 737 max. And what were we thinking . The social habits, the fashion faux pax, the must have gadgets of the last decade, that we can finally say goodbye to. Hello and welcome, im katty kay in washington and Christian Fraser is in london. There are very mixed reactions today, to news that 5 people have been sentenced to death in saudi arabia for the murder of journalist Jamal Khashoggi. Amnesty International Calls the sentences a whitewash, the Human Rights Group criticised the process, because the trial was closed and there were no independent monitors. But mr khashoggis son, salah, publicly disagreed, tweeting. Fairness of the judiciary is based on two principles, fairness and speedy litigation, so there is neither injustice nor procrastination. Salah still lives in saudi arabia and its not clear what pressures he may or may not be under to support the government. The last public sighting of Jamal Khashoggi, s
But our Political Editor nick watt has been around westminster finding out how this is all going down, and hes with me now. Can we put a figure on it . We can confirm that the uk has agreed to the eu framework for settling that financial divorce bill with eu when we leave. Stage one came in the Prime Ministers speech in florence when she said that the uk would agree to cover it share of the eu budget up to the end of 2020. The final stage has come just now, which is that the uk has agreed that it will meet its liabilities racked up as a member of the european union. Where you go from there is a matter of dispute. The sources i have been talking to say that they are not putting a number on the table. The Financial Times and the Daily Telegraph which broke this story, the Daily Telegraph is talking about a figure of up to 55 billion euros and the Financial Times is talking about 100 Million Euros but think it could be mass such down to half of that. The uk government do not want the figu
Roads that are not treated will see slippery conditions for the afternoon. Thats when it starts. The light snow showers to the west, this is the area that may really cause the most problems. Thats the wintry mix, the combination of sleet and freezing rain, and freezing rain could give us an icy glaze later today. 9 in new jersey. Cold enough for frozen precipitation. 13 in the suburbs. 19 in philadelphia. The temperatures climb, and some neighborhoods will wind up above freezing. New jersey, 33, but the ground will still be frozen. At the shore, mostly dry, showers in the afternoon, and the evening, rain showers there. Ill break it down when im back in ten minutes. First, katy zachry with first alert traffic. Good morning. When i last saw you, i told you about a water main break thats affecting things in philadelphia for septa riders. Its on the broad street line. If youre waiting at the susquehanna dauphin station to be picked up, they are not stopping because of the water main break.
Service body for palestinian refugees, less than half of its expected contribution. Global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. Analysts in over 120 countries. Im alisa parenti. This is bloomberg and Bloomberg Technology is next. Emily im emily chang and this is Bloomberg Technology. Bitcoin tumbles, its worst decline since 2015 . We catch up with arianna huffington, what she has to say about current ideal plans and the me to movement. And one of apples is getting slammed for harsh conditions. There hasnt been a a selloff like this in bitcoin in months. Less than a month ago bitcoin was trading at almost 19,000, rival cryptocurrencies are also doing the pain here it to discuss that and cover all of the news in cryptocurrency, we correspondent and also cory johnson. What is boeheim the pressure . Rampant speculation by a handful of traders, an interesting piece that we have been suggesting that a lot of the rise in bitcoin years
Before, minutes later, cutting the losses in half. In the end it closed 1175 points lower. A drop of 4. 6 . This marked the second day of steep losses. There was a sweeping selloff on friday over fears that the Federal Reserve will accelerate Interest Rates. We are joined by Morgan Stanley Financial Advisor jordan steady. We have been on this upward trajectory for a long time now. What the heck happened today . Its like going to santa cruz and going up the big dipper. We have been at the top all of 2017 and we hit a downturn today. 1100 points, 1,200 points. It sounds like a lot. In 1987, blackmon we were down 508 points and that was a 22 drop. That would be significant. Today, 2. 5 on friday, its not even a 10 correction. What is driving the sell off . It extended from what we saw on friday . It has to do with the federal open Market Committee meeting meeting Janet Yellens last meeting. There is going to be three to four increases in the interest rate. Thats the amount of money that b