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alexjones to pay $965 million to the families of the victims of the sandy hook massacre. and in china, where the country's ruling communist party gathers for its annual congress, we'll look at whose likely to become xijinping's second in command. live from our studio in singapore... this is bbc news. it's newsday. it's six in the morning in singapore and 11 in the evening in london, where the government is battling new economic uncertainty. prime minister liz truss has told mps her strategy of cutting tax will not change. but she's also said she won't cut spending either, suggesting ...

62%. this morning's number is 62. from $410 at the peak now to just $158 per share. why has tesla's stock price fallen so much in there are a bunch of different reasons. there are overall market problems. the market is down altogether. production problems in china, and musk buying twitter, tesla is down 30% since then. let's look at musk individually. he is obviously the man who runs tesla and we can see here, take a look at the worth of the two richest men in the world right now, elon musk down to 161. look at where they were 13 months ago. they're basically at the same level, $170 billion. l...

They have not yet curbed the market problems. highly concentrated industry, and not yet provided consumers mandatory labelling to choose where they want their beef produced. >> bill, bullard. and sergeant betsy brantner smith, thank you for joining us. >> thank you. >> you bet. over to you todd. >> todd: carley, another turn in the hunt her-biden saga. this time the secret service accused of covering for the president's son. we want to get to the bottom and we have the details. we are yet to see the white house's latest failure happening overnight. if joe biden things he's outperforming expect...

Say they do. but until they're able to come up with real legislation that doesn't sort of muck everything else by creating bad legislation and actually enacting the legislation, this won't be a really big moment for facebook. the company stock continues to go up and up. it's been down recently but not necessarily because of these crises. a lot of it has to do with other things as well because of market problems related to privacy and other market issues. it's a really big question. >> cecilia, thank you so much. panel, please stay with me. we've got a lot more to talk about. a tragic acciden...

Here before. they were here in 2011. this is the beginning of a big, big change. >> just as molly was saying the figurest issue or savoring grace is is that the government is not doing anything. the gofrt is not prioritized this even though they say they do. until they are able to come up with real life decision that does not everybody else, and enacting legislation. this won't be a figure facebook. >> it has been down recently, a lot of it has to do with a lot of things as well. >> market problems and related to privacy and other issues. >> i don't know, too big to fill is a very good questio...