olivia: they gave no comment on hong ge's departure.: olivia zaleski, thank you for joining us. a few other startups making headlines. uber starting new ways for drivers to be compensated. starting in october, kluber drivers can make more money on trips, as well as a fee on top of standard trips. they are also adjusting rates for late cancellations and drivers will learn more per minute if they have to wait longer than two minutes for a passenger. iconicd taylor's flagship store has been sold. meantime, parent hudson bay has joint venture.k it will help them offload debt. has been outgrowing its current new york headquarters, a currently operate in 56 cities around the world. allegations of gender discrimination in silicon valley are anything but new. but one lawsuit could be a game changer if the plaintiff gets permission to represent over 125 female engineers. if you like bloomberg news, check us out on the radio, bloomberg radio app, bloomberg.com, and sirius xm. this is bloomberg. ♪ who knew that phones would start doing everything?

hong kong. mark: welcome to bloomberg markets. vonnie: here of top stories we are covering, the ge ceo in the hot seat in the aftermath of the veryres are lower, retracing steeper losses. ge well on track to being the biggest loser in the dow this year. lawmakers paving the way for president terms tax reform. the senate passed a budget resolution which would allow passage to tax output. divisions could threaten any next step. kkr a former