The committee will come to order. Good morning and thank you all for joining us. And today our committees focus on the top priority for the American People. Progrowth tax reform that will create jobs, increase paychecks and strengthen our nations economy. America now has one of the most costly unfair and uncompetitive tax systems in the world. The need for progrowth tax reform is urgent. Todays high tax rates on americas businesses drive good paying jobs overseas. Makes it more difficult for our job creators and workers to succeed here at home. Americas burdensome International Tax discourages investment in our local communities. Scores of loopholes give favored treatment to Washington Special interests while millions of hardworking americans havent seen a real pay raise in years. Heres the good news. President trump is leading the charge for bold tax reform that will unleash the growth of jobs and paychecks nationwide. And hes calling on the house anthe senate to put forward or best i
Fallen sharply after fears that the conservatives might not get the majority in the general election that many are thinking may happen. Hi Claire Castle may be better known as the Filming Location for down to gnabry but its also home to europes most successful horse racing ownership company. Well get the inside track with harry herbert. And its been revealed the Bank Of Englands staff have been studying dr seuss to brush up on Communication Skills because he has been described as a master of using simple language. With like to know what business language you think would benefit from the dr seuss treatment. We promise no jargon here on Business Live. India has retained its crown as the Fastest Growing major economy in the world. Economists are predicting Indian Economy grew by 7. 1 , thats in the first three months of this year. But would be faster than china which is currently at 6. 9 . The resilience of the Indian Economy will be welcome news for Prime Minister Narendra Modi following
Midway. The untold story of the battle of midway. And timothy orr coauthorer of never call me a hero. A dive bomber pilot remembers the battle of midway. Watch the battle of midways 75th anniversary live on friday beginning at 9 30 a. M. Eastern on American History tv on cspan 3. The house way and Means Committee recently held a hearing to changes to the tax code that could expand the u. S. Economy and create jobs. Executives with Manufacturing Companies were at the hearing. Which was chaired by kevin brady. The committee will come to order. Good morning, and thank you all for joining us. And today our committees focused on a top priority for the American People. Pro growth tax reform that will create jobs, increase paychecks, and strengthen our nations economy. America has one of the most costly unfair and uncompetitive tax systems in the world. The need for pro growth tax reform is urgent. Todays high tax rates on american businesses drive good paying jobs overseas and makes difficul
Last week. Selloffs outweigh bids by 600 to one haidi . Toshiba said to be near a winner. Incj are ahead in the field. Rishaad hong kong want to ensure it does not miss out on the next big thing. A reading on house prices in china. We are seeing pier 1 city house prices just inexorably rise. We have had this absolute runup of late. Expecteing how you bad loans at the same time. Nonperforming loans. Quite the reverse since march orer december of march december of 2015. People are not getting themselves into huge amount of debt. We have those numbers coming out in about half an hour. Haidi always interesting to look at that breakdown between the big cities and the second, third, or even fourth tiered cities. This is a recovery we have been seeing it we are watching policymakers potential reaction. It is a big week for china. We are expecting msci, their decision on whether chinese equities will be added to their global indices. If they do, it will be fourtime finally lucky. Huge implicat
As cabin crew prepare to strike, just weeks after an it crash that stranded thousands. Are cost cuts taking their toll on the Airlines Image . Plus, from the Sick Man Of Asia to one of the regions Fastest Growing economies. We report from the philippines, 20 years on from the Asian Financial crisis. Welcome to World Business report. Im rachel horne. We start with more problems for british airways. Thousands of passengers are learning that their flights have been cancelled because of an unprecedented 16 day strike by some cabin crew, which begins tomorrow, july 1st. On thursday, ba said most flights will operate as normal but it has cancelled a number of long haul departures to and from heathrow. Short haul and flights from other uk airports are unaffected. So whats it all about . The unite union says cabin crew who have taken industrial action over pay in the past have been blacklisted losing benefits like staff travel, concessions and bonuses. Ba estimates around 8 of its total cabin