it will set up off the caroline states like a bermuda high.tarting monday, things will feel better out there. >> turning to sports, it was oh, so close for the sixers as they face the oklahoma thunder. >> plus, nick foles will start the game against the giants. here's jamie apody with all your saturday morning sports. >> reporter: what a game for the sixers, who took the first lead against the thunder in over time. joel embiid, it did not affect his playing time. embiid igniting a comeback. sixers within five. then it's joel to ben simmons with a slam. the sixers finish on 11:01 to force overtime. they go to double ot and then triple overtime. sixers down two with one last shot. it was not a good shot. sixers fell 119-117 in triple ot. the thunder won 17 straight. career high 49 minutes for joel embiid. >> we had a great four quarter come back, we always believe in our s, but we have to finish. >>> nick foles will show his chance how he will lead the team in the absence of carson wentz. his teammates are behind him saying they won't miss a bea

that the duchy of lancaster, the queen's private estate, had invested £10 million in funds based in bermudat illegal but questions were asked as to whether this should be held the monarch‘s cash is invested. as prince charles toured the far east, the same questions were being asked of his private estate, the duchy of cornwall, as well as investing offshore, the prince was also accused of a conflict of interest in relation to a particular investment. clarence house was robust in their denial of any wrongdoing. the fact that both the queen and the prince of wales voluntarily pay tax on income from their private estates did not stop calls for greater transparency in the royal finances in the wake of these revelations. in times of tragedy, it is the role of the monarch to help console and unite the nation and sadly, this year, the queen and other members of the royal family have been called upon to perform this duty all too often. starting here in westminster in march, when five people were killed.

the winds shift out of the south/southwest, a bermuda type of high pressure system takes over. that warms the even seaboard up. we have -- eastern seaboard up. we have one, two, maybe three days in the 50s. we'll not have feel like temperatures near 41. the numbers will be in the upper 30s. hour by hour, 10:00 a.m., 33. 2:00 p.m., 39. 4:00 p.m., 40. a good dose of clouds throughout the afternoon. overnight tonight, it's cloudy and cold, everything that melts will refreeze. 23 outlying suburbs, 29 for center city. the exclusive accuweather seven-day forecast, here comes some of the warmer stuff, 41 still chilly today, 40, increasing clouds tomorrow. 47 on monday, tuesday a spring-like 56. wednesday, 45. thursday, cooler, 42. friday we cloud up, there could be rain in the afternoon, it's mild with a high of 52 degrees. those of you wishing for a white christmas, don't worry it will turn cold by sunday, christmas eve christmas day look cold. >> did you hear spring like? >> reporter: that's only for a day or two. >> my son kept saying it's christmas, it's christmas. >> "action news

butler's troops were working in their efforts on the bermuda 100. in may 1864, butler would march his army of the james for in advance on richmond. he would approach the rebel capital from the south as grant in the army of the potomac would advance from the north. the ill-fated endeavor might have turned out differently had someone reminded him later, i -- that the enemies where the rebels and not butler. rightlyrians have pointed out, grant deserves some censure for failing to coordinate effectively activities of the army of the potomac and the army of the james. still, the campaign came to grief in the image of a bottled up ben butler. together with this career in a failure to rest for fisher from the rebels, eclipsing the gallantry of his troops at newmarket heights were african-american soldiers earned 14 of the 16 medals of honor that the african-americans one during the war. did my right hand forget it's cunning? if i ever failed to defend the rights of the men who get the blood for me and my country. not satisfied to reward only those soldier

does include european states like luxembourg or british overseas territories like mccain islands and bermuda. but innocent has been hailed as an unprecedented step as sure about sharia explains. naming and shaming alleged tax havens. european union finance ministers adopted a black lists discourage the use of shall structures abroad. you institutions can no longer use the seventeen blacklisted jurisdictions for five. operations enforcement however is the biggest problem and so far no sanctions have been agreed to for those countries that ignore the ban. critics say the list is political and that doesn't include any european jurisdictions claims the eu rejects. there are no tax havens in the u. tax havens are defined by a number of criteria starting withh respected international standards in terms of exchange of information. which european countries respect. but anti poverty and fair tax groups say countries like luxembourg malta the netherlands and ireland should be on the list instead the list contains a number of developing countries. that's also worrying what you will apprenticing them ev

and google who have got hundreds of billions of dollars sitting offshore in places like ireland and bermuda back and there will bea bring the money back and there will be a wall of cash hitting the us. the other huge story is being called the biggest corporate bribery trial of all time. we're talking about the decision by italian authorities to try shell and eni over a nigerian oil dealfrom 2011. what do they stand accused of? in 2011 shall and eni but this giant oilfield in nigeria for $1.1 billion. the money ended up in the pocket of a former oil minister, and the allegation is he used that money to pay for bribes. shell and eni a lwa ys to pay for bribes. shell and eni always maintained they left it at the door of the nigerian government. the point is they are saying they knew that this money would end up in the wrong hands. usually these cases are settled and this one has not been settled. both shell and eni, the current chief executive of the oil giant eni, the current chief executive of the oilgiant eni, and the current chief executive of the oil giant eni, and the former number two o

the wind shift out of the southwest we get the southern highs, almost like a bermuda high that warms everybody up from atlanta, department of -- o southern you'll. today, clouds and -- southern new england. overnight tonight, partly cloudy skies. ten degrees this morning in millville. 27 tomorrow morning. that's a lot better there. allentown, 23. lancaster, 26. philadelphia bottoming out at 29. the exclusive accuweather seven-day forecast, things will quiet down over the next few days, as well. it stays chilly this weekend, clouds and sun, 41. windchills in the low to mid 30s. increasing clouds tomorrow, 40. monday we start to warm up. 56 tuesday, wednesday, had a, thursday, 42. warmer friday, wet weather and 52 degrees. >> thank you chris. "action news" viewers are sending in pictures and videos of the recent snowfall. we want to see your photos share them on the "action news" facebook page use the #6abc action or e-mail us at join the action at 6abc.com. >>> here's a look at what's happening in and around the area this weekend. join the animal rescue for the very merry howell a day

basically newfoundland to bermuda. writes, a as jackson divisionegal --decision for the united states. jackson's legal opinion becomes the endorsement for the deal roosevelt wanted to make. it was announced and here is my attorney general's opinion. the other was the resumption of selective service, a complex legislative project with which jackson was involved. and there is the appropriations battle and complex legal work in the department of justice. the investigation of real threats while not getting carried away and targeting subversives in my imagination is something they were doing. dojalso in this period, and jackson is developing legal arguments that nazi germany's aggression is an international joining awe are not battle, we are aiding a victim. a final thing about the job is that jackson and his inner circle at the department are preparing for investigations and attention of potential in the enemy aliens located in the united states. german-americans, italian-americans and not japanese americans, which shows y

right now, profits are being parked in places like ireland and bermuda for the tax rates are low. the problem with hoarding that money in far-flung destinations is that companies can't put it to work. now the apples and googles of the world can bring their wealth back to the u.s. at a one-time taxation rate of 15.5%. that's about 20 points off the current 35% rate. here is the math. according to several reports, the big five tech companies -- apple, amazon, facebook, google, microsoft -- have $457 billion in overseas subsidiaries. if you bring it all back stateside incentive spending 159 billion in taxes, the tariff is only 70 billion. that's 89 billion in added profit. now you know why during the third quarter of this year the tech company spent 25% more on lobbying than they did during the second quarter. listen to how the president sold this last week. >> you look at the great companies, apple and so many others. they have billions of dollars overseas that they want to bring back. now they are going to be able to bring it back and they will be spending that money right here and

we get a mini bureau -- bermuda high takes over pumping up into southern new england. upper 50s. today, 40 degrees, overnight tonight, it's cold, but not as cold, partly cloudy, 23 degrees outlying suburbs. 29 for center city. the exclusive accuweather seven-day forecast, sun and clouds, breezy a little bit blustery, 41. increasing clouds sunday, 40 degrees. maybe a rain shower at night. there's the first 50 on tuesday, the second one friday. >> it looks like it will turn colder for christmas day. >> a little bit of this, a little bit of that. >> a brand new "fyi philly" is coming up on 6abc. here's alicia vitarelli and karen rogers with a preview of the holiday special. >> reporter: hey, everybody, "fyi philly" is back, and ready for holiday fun. we've got a checklist it's stuffed like a stocking on christmas morning. we're spreading holiday cheer with festive fun far and need. from cheerful light shows to traditional family favorites. >> that looks good. >> reporter: we take you on a holy jolly -- holly jolly journey hope you join us. welcome back this saturday morning, 7:48 a.

we have the bermuda rest incident otherwise known what is your name, layfield. the bermuda guy.ley from tennessee. liz from new york. we're off and running. we're up. scott shellady, i will start with the jobs report. i say its solid. it is pretty good. what say you? >> i mean it is pretty good. the positives we all love jobs growth. we're continuing to add jobs. 4.1%. can you imagine, stuart, we'll jump off a 4. is 1 unemployment rate with tax cuts. what will that do to the economy? i wish we would see wage inflation. that is lagging. labor force participation rate could do a better. all in all, b, b-plus. i would like those things being better. who doesn't like jobs. this is a great spot to start off with the tax cut. stuart: okay. ashley: what is interesting, the trend there is jobs out there. there is lack of skilled labor for those jobs. businesses are taking people on, paying them less, train them up over first six months. bring their wages up. that is continuing problem. not enough skills in the labor force. stuart: manufacturing up 31,000. liz: that's correct. stuart: 10

i suspect we wander around in this very odd bermuda triangle where the secretary of state seems to be un-empowered by the president and that's a first for the secretary of state that i worked for. >> so, when you talk about this daylight growing between the secretary of state and the president, you point out north korea's another area where we aren't quite seeing the same message. today we have two messages from the men, the tillerson message, door to dialogue is open. that's a quote from the op-ed. meantime, the tweet where the president said there's not a friendly solution if this continues to happen citing china allowing the oil between the two countries. how do you read it? two different messages. >> i mean, i think it reflects the fact that we don't have -- and again, trump administration is shackled with a problem that's extremely difficult to resolve so let's be clear. no easy, quick fixes here but i think you have to face up to the reality that the administration may not have -- i think does not have a coherent and cohesive approach how to deal with the issue of kim jong-un's

i went with a bunch of friends to bermuda. that actually is the last picture of me taken standing.course, i didn't know at the time. and i was coming out of the water carrying my sandals. i saw one of my friends with a camera, and then when i got to the top of the dune, i just stood there for a picture. thought nothing of it until i discovered it years later lying around in a box. and remembering it, of course, it was a fateful picture. >> fateful because of what would happen back at harvard that summer. you were 22 years old. tell me about that day. >> i went out. we had -- it was -- it was the end of my first year in medical school. we're doing neurology. we're studying the spinal cord, of all things. my classmate and i decide to skip the morning session. beautiful july day. we're gonna -- and we played tennis instead. >> after their game, they head back to class for the afternoon session, but along the way, they stop at a pool on campus, set down their books, and pull off their sneakers. >> we're very sweaty. it's very hot, so we go for a swim. we take a few dives, and i hit my

country and tax havens where taxes are zero percent in places like the cayman islands and ireland and bermudayou actually get into the details that differential taking the tax rate down to 21% here is under mined by all the goodies they give to the multi nationals who offshore. >> so, alan, this plan remains pretty unpopular with american voters. why do republicans insist the cash to corporations and rich will do the way of the trickled down economics theory when there is absolutely no evidence of that happening in u.s. history. it seems to be a theory yet to be proven. >> i think there is abundant evidence that corporate investment is responsive to the ensi ens incentives and having a 21% rate instead of 35% rate is going to make the united states a more attractive investment -- >> alan, does it work its way down to people's wages? does it hire more employees? do people feel it? do the middle class workers feel it? >> sure, because there is more capital in the country and drives up the market level of wages. so i mean, you know over the long haul, there is no possible way to increase wages w

david: john layfield, my friend in that tax haven of bermuda, as you look from afar what is happening here what do you think of the tax plan that you see so far? >> i really like the tax plan. the main thing to me was repatriation of money and lowering of corporate tax rate. understand, the large profitable companies payee effect average tax rate of 18%. effective tax rate is mid 20s. what that tells you is, small and medium-sized businesses who have not had any political favors giving them lower tax rates over the years, they're the ones paying high rate. this is going to small and medium-sized businesses, going to middle class. that is exactly where it needs to go. david: i will stick with you, john, how much do you think the economy could grow as a result of all that? president said as much as $3.5 trillion could come back from this idea of repatriating capital. do you think that is possible? >> i certainly do think it is possible. hard to put a number on it. look at ge stock which i own. we have $30 billion in unfunded pension liabilities. they have $83 billion in cash, cash equiv

that's my little brother nicholas, and that's me, so i think that was in bermuda.o i'm guessing i was about... i would say about four years old then. why that picture? why'd you say that one? it really shows who my mum and dad were. you know, i kind of looked at them as very glamorous. harvey: your mom looks like jackie kennedy. - simon: doesn't she? - harvey: yeah. simon: and then i look really, really pissed off. that's the sign of things to come. you were not an angel as a kid. no, i wasn't. i was really, really bad. - i heard a terrible story. - tell me. you burned santa claus? yeah, it was-- it was actually about this time. it was nicholas that still believed in santa claus, so i said, "let's set fire to his outfit," which we did. and not only did we kill santa claus, we actually nearly burnt the whole house down. - that's terrible. - so we murdered santa claus. you kind of had a privileged upbringing. uh, yes. ( music playing ) we lived in a big house when we were growing up. nannies, housekeepers, gardeners, blah, blah, blah, on the south coast of england. h

brad: yes, part of the reform is meant to create some incentive inbring some of the profits bermuda,h are not paying 12% in ireland, by the way. they give a much lower rate. the 12.5% is not the real rate. zero.a is the real rate multinationals have looked at is 12.5%. there are efforts to make it more attractive to book what is now seen as an offshore profit in the u.s., which could raise exports without changing activity. julia: do you think this is a mistake? do you think of a realize the perverse impact they were creating? things have come out in the wash that perhaps they did not realize they were doing, at the time they were writing this. do think they recognized and made a compromise? brad: no, i think this was a conscious choice. there were constraints. there was a desire not to have a major increase in the amount of tax some companies were using offshore strategies were currently paying. therefore, you could not do what should have been done, which was to broaden the base and capture more income from multinationals. scarlet: brad setser, senior fellow for geo-economics at th

i'm jealous of you in bermuda, we will talk again soon.rassment policy in the aftermath of the firing of matt lauer. amid sexual harassment allegations. what are your thoughts on these new policies? >> very interesting if you look at them. a 0-tolerance policy in which nbc is trying to have a process and limit liability. a lot of information, people knew what was going on with matt lauer so they are trying to clean up the mess and this is a new thing for me to defend nbc but they are trying very hard to have a process around this in which they are telling people, telling their employees that if you say something and don't say something we can fire you for it. it will be next to impossible to enforce but i give them credit. there has to be a process, corroboration for any of these stories. i understand they are trying very hard to do the right and it is messy. charles: does the pendulum swing too far? you say it is wrong for someone to invite a vegan to a steakhouse? that kind of thing was part of a policy, urban myth already, but if that i

bu bermuda. tired of seeing the jobs go overseas.mpanies compete and win for the first time around the world, they can brick the dollars back to by reinvested in new york and woodland texas and across the country. another big change in this tax reform plan. >> congressman, sam stein here. one of the big selling points for the plan is the child tax credit. and i know it was increased in conference committee to help with support of marco rubio. as i understand the tax credit is not indexed to inflammation. meaning the purchasing power of i represent, lack of a better word, won't go up over time. why did you not index it to inflation. >> increased in the house version. the senate version, and, again, in conference. i believe let me triple check that. i believe it was the conferenc version and i believe indexed for inflation over time. i'll double-check that for you. it's a great question. the other thing about this that most people don't know, it's not mentioned, is for the first time instead of phasing out at about $110,000, a family -