u.s. companies judging by those numbers seem to be touring quite well abroad don't they actually they are and trade between the united states and germany is healthy kind of trade the problem with the trump critique is that it sees everything in this bilateral context and it's also missing the fact that what we have is an imbalance between domestic investment and domestic saving the

u.s. companies moved abroad. between 2003 and 2014 when other countries are dropping their corporate tax rates, there were 47 such inversions. our tax plan addresses this drag on our economy by moving from our outdated worldwide tax is tomorrow a territorial tax system. by shifting to a territorial tax system here in the united states, a move i might add that is supported by members of both parties, we will eliminate the double taxation that encourages companies to send their investments and their operations overseas. combine that with a reduction in our high corporate tax rate we can combine an incentive for u.s. companies to invest their profits at home and in american jobs and workers instead of abroad. mr. president, we will also simplify our tax code. each year americans spend $2.6 -- 2.6 billion hours filling out complicated individual income tax forms. not only is this a drag on our economy, it's an annual frustration and burden for hardworking families. the goal of our tax reform plan is to let american f

u.s. companies to compete? >> i would think this would be a good application for value for money bidding. that is to say it's not always the lowest bid that is the best bid. but the way things operate that way. the chinese that's their forte. low quality, cheap bidding. and so perhaps, i hope, we can impose value bidding. to help u.s. companies. in addition to helping -- >> that's the entire life cycle of the project, right? >> indeed. another element that you elude to there is perhaps even contingency payments for the longer term loans to make sure they're not wandering off into who knows where. so there be regular monitoring and accounting and auditing of ongoing project funding. as far as encouraging u.s. companies to invest in and operate in africa, you are right. the percentage is appalling. i will do what i can to be a cheer leader for africa. and meet with hopefully and facility american businesses trying to do business in africa. >> thank you much, chairman. >> thank you all three of you for your willin

u.s. companies which have a competitive advantage in this area. and includes the google, facebook, microsoft, twitter, and also outside the new york times economists. not companies involved in it. but the point is that the these companies and this sector right now and since mostly this goes back to half a decade in some cases a full decade, have been blocked from competing in chinese markets. in the chinese market. the chinese say the blocks are because of public morals. they don't want information, national security. there is a very clear if grow and look at history here, there's a clear industrial policy aspect. the chinese when the chinese blocked google, it was just at the time that baa due was coming up. qualcomm you see the things competition with other chinese companies. so while the chinese claim this was an industrial policy -- something about public morals and security. which is allowed under the wtl. i'll come back to that. clearly the when you look at actually happened, there were other things going on here. and this has been this has i

u.s. companies who relocated to ireland for 12.5% corporate tax rate. it is a reduction to let say you get to 20%, is it enough to make a big difference when it comes to that? >> this isn't just about cutting taxes. this is about tax reform. this is about changing the system and going from a worldwide system to a territorial system to make us competitive. that alone is going to create literally tens of thousands of jobs and have trillions of dollars invested here. this is also about taxes on small and medium-sized businesses. we want to make sure there is tax reform and tax relief for pass-throughs which are a major part of the number of companies in this country. >> bret: you have senator ted cruz today proposing full and immediate deductions for capital investments by businesses. in other words, a one time, they could do it at once and there by encourage your incentive to invest in factories and equipment. >> we will have those incentives in the package whether we go with what senator cruz has suggested or other alternatives. we will make sure compani

u.s. companies judging by those numbers seem to be touring quite well abroad don't they actually they are and trade between the united states and germany is healthy kind of trade the problem with the trump critique is that it sees everything in this bilateral context and it's also missing the fact that what we have is an imbalance between domestic investment and domestic saving the domestic investment in germany is low in the domestic savings is high in the united states it's precisely the opposite it's these macro economic imbalances that's the problem it's not something about the toughness of competition the fairness of competition that's not what's driving these imbalances oh and from the free university of berlin thank you very much to be here. ryan it hasn't pulled out of its tail fin just yet in fact things have got even worse for the budget airline it's announced it's counseling another eighteen thousand flights between november and mall this month ryanair announced it was pulling up to fifty flights a day through the end of october after a quote messed up the planning of pilot hol

u.s. company will shell out one point one billion dollars to gain access to some h d c smartphone peyton's google will also take over the lion's share of its r. and d. division half of the company's four thousand developers will move to google the two companies had a ready collaborated on the first next a smartphone. the bitcoin bubble may be about to pop banking regulators in china have ordered local crypto currency exchanges to shut down j.p. morgan c.e.o. is also not a fan and has called the digital currency of fraud over the past two weeks bitcoin has plunged some forty percent. that still triple of what it was at the start of the year critics say this could be the beginning of the end. the largest u.s. toy store chain filed for bankruptcy protection in the u.s. and canada on monday toys r us has taken a beating from competition with online shopping and discount chains the company has had to take on billions of dollars in debt in order to remain open for business. toys r us has some sixty four thousand employees worldwide. these days three d. printing is big news here lasers are printi

u.s. companies but all foreign companies which are investing in china. that,beyond if we look at the larger picture, and there is nothing new about what i'm saying, as most of you have read this at one point. the chinese are very clear about their intent. the cyber tie security law and international security clock to this. they say very clearly that made are going005 -- they to substitute domestic technology for foreign technology. whether you are talking about , or ther security law domestic regulations being put in the name's all of this particular goal. the chinese are particular about that. finally, what should we do about this? there are a variety of possibilities. i agree with those who are arguing, for instance, that we should move forward quickly with a bilateral investment treaty with the chinese, which would introduce some regulation. , remove some barriers. the problem i see is i don't think there is any chance in hell the chinese government will ande to the kind of details meaningful reduction of barriers that would come in a vital bilateral

companies are to be exploited. antonio guterres a former us ambassador to mexico now legal adviser to u.s. oil companies is selling a bright future in mexico to his clients obviously energy companies are excited by the prospect of investing in mexico they see the risk return is very attractive they've done business in foreign markets they recognize that this is one proximate to the u.s. there's a very real sense that mexico's a rocket about to live. as foreign oil companies prepared to celebrate the profits still make from the reforms mexican economics and justice expert in the guy that was goglia doubts that ordinary mexicans will get a share of the spoils and you need to make sure that all this investment and all the returns from those investments to some degree will provide. a remedy to those sectors within mexico that have never experienced any benefits from the after . cultural sector or the small farmer but i haven't seen any kind of government plan or strategy indicating that they will go that way so far considering the precedence of mexico's opening to the world i would say that the

u.s. companies doing business with north korea. cap exposed is the u.s. economy to north korea anyway? -- how exposed is the u.s. economy to north korea anyway? >> i'm interesting that there is pressure despite wanting to destroy north korea if it were to defend itself. the executive order would sanction individual companies and financial institutions that facilitate trade. the united states has significant clout in the global supply chain that will hit many american companies and companies around the world. this will impact global supply chains. >> china is backing these measures. is it clearly siding with the united states on this? >> i wouldn't say so. china did not show up in new york this week at the united nations session. it has been reacting negatively to these announcements. on the other hand, china ordered banks to stop working with north korea. >> we apologize for the audio issues. that was our financial correspondent, analyzing the sanctions for us. the richest woman in the world has passed away at the age of 94. she was the principal shareholder of the cosmetics giant, wit

u.s. companies but worldwide companies, we want jobs in our state.e and governors compete, that's more or less how it works but i don't think that's a bad thing, then kentucky can say here are the benefits of putting your job and company my state. the governor of california can say the same. it's a fairly healthy competition. one thing i'm intrigued with is how cordial and friendly governors are to each other. they will often tease each other about my state is better for business, but their fairly understanding of the healthy competition that exists. yes, >> in the state of missouri, ouh governor has cut over 8000 people, seniors and disabled people's money, see you tell me how great of a governor of the state of history has. when you go after seniors and disabled people. >> guest: i don't know the specifics, there's so many things going on in different states. one thing that is going on now is the back and forth on the health care bill.. i assume that's partly what the caller is talking about, the current programs and states to deal with health. part of the problem is that resources are

u.s. company geo kinetics is winding up after year long survey of the region's rich shale gas research. the company has brought six hundred much needed jobs. to times folk hope it's a sign of better times ahead. to me as this is all i can think of and don't you go see john is a cattle rancher and the mayor of guerrero but only because i'm one of. those things are all ok what is it your real back and look who was are you really your source of looking like a good thing at all until monday we're going to school you. look great to me when i . and the payoff promises to be a big one. texas eagle ford for mation the u.s. richest natural gas field is just a stone's throw away over the rio grande the. it's generated more than forty six billion dollars and created eighty six thousand jobs mantell now the mexican side of evil for it has been for britain fruit to foreign oil. if you look at legal for mation along the texas border and you fly there any time of day or night and you see the activity in just south of it. there's absolutely no activity whatsoever the subsurface of these areas didn't rec

u.s. companies, and china, and in terms of how u.s. ies design markets products in united states, but manufacturer in china then send back to united states rest of the world. >> so they are very important to is economically, and as such, we haven't been quite so willing things may be changing as a result of kim jong-un to exercise our power to exercise our might. >> north korea is a special situation. you don't want to result -- resort to military intervention until you reach the end. it is a last resort. >> we haven't scratched the surface in terms of the economic sanctions we can being give. >> squeezing north korea, is china no longer providing north korea with oil, then that perhaps has to be done. that a i am property sure eventually some way u.s.-china can work out a deal --. >> take it a step further say china if you don't put the necessary pressure on kim jong-un to change his regime, we're not going to let apple do business with you -- >> that is pretty strong, that would be difficult for apple, and difficult for consumers i th

u.s. companies base pay expected to rise 3% in 2018. but the incentives will be about 12 and a half % of payroll. the data is from a professional services firm called, a ion and a tightening of the belt signals pessimism of performance in the year ahead. >>> sprint is offering iphone 8s for free, that's if you have a relatively new iphone or samsung, sprint announced after at&t offered buy one get one for new customers, to a to participate in sprint's motion you'll need to enroll in the program. back to you. >> a lot of people don't look at the fine print. thank you check in with you tomorrow. >>> money magazine ranking the bheft places and several communities in our area made the cut >> lower merion ranked 46 due to low crime rate in nearby colleges. those are big plus, west goshen, chester county finished 72'nd and montgomery county came in a respectable 83rd. >>> no school again as the teacher's strike rolls into day two. the union says it will take another shot at reaching an agreement with the school board, negotiations between the

but how many companies in the u.s. acquired by foreign companies in the last 12 years, and headquartered outside the u.s. for tax purposes? the 4700 companies. you should not be worried about where the headquarters is unless it is distorted by the tax code. this does also -- this tells us that the tax code distorted where they headquarters would be? should they actually be forced to be allocating for some of these capital decisions, rather than pushing a shareholders? to forceis hard companies to put their company -- to put their money in one place. but this was a discussion back in president obama's day, when republicans and democrats were talking about that. today, there is definitely going to be a proposed lower tax on foreign earnings. that money is probably going to go into reducing rates and providing for other tax cuts. and then, going forward, there would be a limited or no tax, especially -- except for attacks on foreign earners. can we talk about the trump administration. you have had various roles in the adm

u.s. companies will offer job opportunities to d.c. yunl and d.c. opportunity fair will offer job interviews and on the stop officers. resources for career and college prep will be avai available. d.c. opportunity fair runs from 9 a.m. until:00 this afternoon at the walter j. johnson convention tenter. >> jewish faith wul around the world mark jewish new year celebration. it marks the anniversary of birth of the universe and creation of adam and eve. it's one of the holiest days of the year on the ju wish calendar. >> 4:35 wednesday morning a check of today's forecast with michael thomas. good morninging. >> good morning to you as well. satellite and radar that's what is left of jose. what is left of it because jose it down graded to tropical storm this morning with subsiding wind here. jose is also far enough away we should have a decent amount of sunshine in the d. crk region. 71 reagan national one thing you notice it's less attitude today. it's bringing in drier air. temperatures later this afternoon expected to be hotter than past several days

u.s. companies think about the security implications prior to doing that on the flipside. we have a couple minutes for questions. please identify yourself. we will go here and then here and then there and then who i can't see back there. >> thanks for joining us. senior fellow at the center as well as ceo of a security group. questions around active cyber defense. i don't mean hacking back. you nice share some similar background, when i talk about hacking back, that's not in context. cyber defense for across the federal government, not dod, not dhs, what are your thoughts on that as well as what that means for the commercial round. there's been talk for many years about companies hacking back in the legal issues around that. perspective and how that plays into the deterrence aspects. it's great to be resilient and prepared with defenses but at some point you have to gather intel and weigh your means. just curious about your thoughts. >> i'm still not understand your definition of active cyber defense. you went to both places which is i don't mean hacking back but i mean ga

u.s. companies plunged at investigators consider the potential losses caused by hurricane irma.ed 22 points, the s&p lost less than a point and the nasdaq gained four. amazon plans to build a second headquarters in north america. amazon says it will spend $5 billion to build that new headquarters. it will house as many as 50,000 employees. amazon says it is seeking proposals from local and state governments to plan to select a location next year. >>> the fda says the maker of the epipen failed to investigate complaints that the auto injectors malfunctioned. they are used to treat life threatening allergic reaction. they say meridian medical technologies did not properly investigate more than 100 complaints concerning life-threatening emergencies. in one case, one patient died. they said they are very confident in the safety and efficiency of the epipens being produced. >> thank you, hana. >>> still ahead, taking out the trash. texas officials are warning about the long-term cleanup following hurricane harvey. about the long-term cleanup following hurricane harvey. can we do this

u.s. companies that have supported daca? why aren't we hearing from them tonight?sten: well, most big corporations have basically said they want these people to stay, these are well-integrated immigrants, they speak english and have gone through american schools. they are exactly the immigrants they would need. but donald trump has, not ignored, but put aside his concerns be as he has -- because he has demonstrated time and again that when it comes to the breaking point, he will side with his core supporters, is based. -- his base. and they don't want immigration at all. so once again donald trump here has sided with his base and he wants to keep them for the next election. brent: our correspondent in washington on the story for us. thank you very much. the decision to scrap the program has inspired many reactions across social media. former u.s. president barack obama writing, these dreamers are americans in the hearts come in their minds and every single way but 1 -- on paper. what makes us american is our fidelity to a set of ideals that all of us are created eq

u.s. companies in the sense that when the u.s. mpany bids on a foreign asset, they have a bit of a problem and less money here because their tax rate is higher >> i just have another quick one on repatriation. this has been a hot debate you know, when the politicians say more than $2 trillion is sitting in cash overseas, it is mostly in u.s. dollar denominated assets i know that because this was once a big issue for foreign exchange, was all that money going to flow back into dollars, no, it's already into dollars. >> sara, you're ruining the myth, sara the idea is there's this money that's going to come flooding back into dollars because it's overseas >> is that real? >> folks, i'm sorry, it's not overseas it never was where it is is either in foreign bank accounts or even u.s. custodial accounts and it's sitting mostly or largely in dollar denominated assets. it's in treasuries, high quality corporate bonds, it's in money market funds, and this merakes sense because corporate ceo and hedge fund operators make money in a foreign c

u.s. companies judging by those numbers seem to be doing quite well abroad don't they actually they are and trade between the united states and germany is healthy kind of trade the problem with the trump critique is that it sees everything in this bilateral context and it's also missing the fact that what we have is an imbalance between domestic investment and domestic saving the domestic investment in germany is low in the domestic savings is high in the united states it's precisely the opposite it's these macro economic imbalances that's the problem it's not something about the toughness of competition the fairness of competition that's not what's driving these imbalances oh and from the free university of thank you very much to be here. now off to federal elections here in germany you might have thought that campaign season was over but apparently not brian has no that's right hello as if you had had enough electioneering chats americal is campaigning again this time ahead of a key vote in the state of lower saxony a snap elections been called there because a member of that state parliam

u.s. companies but worldwide companies. we want jobs in our state. you are seeing that. yes, governors compete. , think that is how it works but it is not a bad thing. kentucky can say that here are the benefits of putting jobs in my state. the governor of california can't say the same. saymexico, minnesota, just -- name all the states. -- the governor of california can say the same. the governors are cordial to each other or they will often tease each other when they're together talking about better for business, but it is a healthy competition that exists. host: beverly in missouri, democrat. in the state of missouri, our governor has cut over 8000 people, seniors and soabled people's money off, you tell me how great of a governor the state of missouri has. when you go after seniors and disabled people. thet: i do not know specifics. there are so many things going on a different states. one thing that is going on right back-and-forth on the health care bill, and i assume that that is probably what the caller is talking about, the current programs in states to deal with

u.s. companies publicly pledged to reduce their reliance on fossil fuels and increase energy efficiency. in tonight's signature segment, newshour weekend special correspondent stephanie sy reports on some big companies leading the way. this story is part of our ongoing series, "peril and promise: the challenge of climate change." >> reporter: with sprawling supercenters and close to twelve thousand stores worldwide, wal- mart, may be best known for low prices that local stores can't match. now, the planet's number one company by revenue, wants to be known as a leader in the fight against climate change. >> at wal-mart, sustainability really is core to our mission. >> reporter: kathleen mclaughlin is wal-mart's chief sustainability officer, she's charged with selling walmart's climate vision to shareholders. >> it's critical for business. it's important for customers and for communities. we're seeing effects already in things like supply security of different food commodities. >> reporter: wal-mart's response to climate change began more than a decade ago. in 2005, then c.e.o. lee scott p

u.s. company and they say that cuts on everything. >> there are other reforms besides tax reform that are important. full expensing, making the tax code simpler, easier to pay. those are benefits that help small and big business. reporter: as far as lauren is concerned, the cuts do matter, reducing costs for larger companies inevitably increases competition for businesses like his. >> the margins for small businesses are so, so slim, our profits are not huge. we all want to be able to make a decent living but those that are making outrageously large profits, i think maybe there should be more tax burden on them. reporter: the republican proposal would make sweeping changes to the tax code but it wouldn't change much for lauren's bike shop. for the moment, trump's tax proposal is just that, a proposal. he now needs to rally support before a more detailed bill could be put before congress. such deep tax cuts would leave a large hole in the budget. trump and the republican party have yet to explain why exactly the money to plug the hole would come from. brent: sophie szymanski has more on th

u.s. companies do not support renegotiation or termination of chorus fta. they believe in general that the fta is -- the u.s. business community have clear appreciation to the many trades that the u.s. products import. both mainstream economies oppose the chorus fta is the cause of significant -- of the united states. and there are several others about the fta. according to a recent survey, 70% of 250 homes invested in korea, invested into the united states, have difficulties in making business trends due to increase on substantive after the president trump's inauguration. 57% the policies of trump administration. levied a border adjustment tax. renegotiation of nafta likely to have a negative effect on business. and the korean industries do not see advantages by the chorus modifiation because the size of korea exports to america is only 1.74 billion, which is 10% of korea's export to china and most of the major operate free, even before chorus fta, however, there could be if high tariffs on chinese products. the korean government brought all of this, sayin

if the companies want to use u.s. dollars they won't be able to if law enforcement measures prevent them from doing that. any russian company or bank that wants to stay in the good graces of the united states will be reluctant to facilitate that going forward not withstanding what their political top cover may offer them at home. >> you really believe these can be efficacious, even without participation from the political sector in russia, guess? >> i do. we've seen that in other instance, not related to north korea. in iran, in the era before there was broad international consensus for strong sanctions, going after companies was a way to have them get out far in front of their own governments on willingness to abide by sanctions. >> i'm a business guy at heart. what does success look like? when will we know this is successful and what's the next step after that. we want the greatest extent possible to slow down or stop the technical problems with icbms or nuclear hydrogen weapons. we put in these tight sanctions and c

u.s. and be the local e-commerce company.bay, so many nice, interesting companies are already over the usa. >> you don't want to take over amazon doing what they are doing? >> no. you have been in hollywood, amblin. you have been patient, you've been the tortoise. what's your strategy? >> we have been preparing it for 10 years. we have a seven-year strategy to go. the plan is not to buy a movie company or to buy this or that. when you buy all the stuff -- you have to learn from them. you have a proxy with them. there are a lot of things china entertainment can learn from hollywood by partnering with them. not let's buy it. >> you've talked about the coming winter, when you listed alibaba.com. sure enough, the win came pretty quickly with the collapse of lehman brothers. i was watching your progress through the tech bubble and that bursting. you had these challenges that wiped familiar names off the board. we facing a similar bubble right now with these billion-dollar unicorns and the inflated -- are -- and the inflated tech s

u.s. company could be scrapped according to the prime minister justin trudeau but the country also says it has legal means to challenge the ruling at the world trade organization and under the terms of the north american free trade agreement nafta with president trump threatening to scrap that agreement the current talks to renegotiate nafta haven't been going well canada says it invests in not subsidizes bombard and as it points out the u.s. has bailed out general motors in the past and gives boeing preferential treatment by some measures canada and the u.s. have the world's largest trading relationship but it's growing more hostile by the day daniel lak al jazeera toronto. tens of thousands of people in south africa held street protests against president jacob zuma they say corruption has become endemic under his leadership the marches were organized by the country's largest workers' union twenty pages more. miners teachers and laborers are among the thousands of workers taking part in a nationwide strike against corruption. and the man they say is to blame for it is president jacob zuma

u.s. companies doing business with north korea in any way but how exposed is the u.s. economy to north korea anyway well first of all i think it's really interesting that trump is still pressuring north korea by economic sanctions this. two totally destroying of korea if the united states were forced to defend it or its allies as he was having lunch with both the president of south korea. executive order would a friend to an individual companies and financial institutions that facilitate trade with. both the largest economy of the united states has significant clout in the global supply chain that will hit many american and also far and also foreign companies with this thing and so yes of course it is will impact global supply chain from the seller to the enduser. now so if you china from what we're seeing is backing these measures so is it now clearly siding with the u.s. on this. i wouldn't say so china did not show up in new york this week at this year's united nations session is in has being really reacting negatively to announcement. but on the other hand china ha

u.s. small to medium-size companies sell to china, sell to asia. this is what we think. we don't want to be the local u.s. e-commerce company. amazon, ebay, so many nice , interesting e-commerce companies all over the u.s. stephen: you don't want to take on amazon, doing what they are doing? jack: no. stephen: how about in entertainment, in hollywood? i know you had a partnership with amblin and steven spielberg. you have been the tortoise, not the hare. what is your strategy with partnership in hollywood through probably the best name in hollywood? jack: yeah. i think we -- first important is that our entertainment is part of our strategy. we ask ourselves, in the next 10 years, we know we will be very profitable, very good doing e-commerce and logistic, financing and data. but 10 years later, what is the new business alibaba should be focused on? happy and healthy, double h is our direction. no matter how rich, you want to be healthier, you want to be happier. and entertainment should be part of the business. we don't view digital entertainment as a separate business.

u.s. companies in terms of getting into a very very large market the u.s. loses out and i. would for me is worrisome is this will will this strain thin the hardliners within iran and if and will it eventually cause them to pull out of the deal hopefully not i think iran will be very moderate around this and will work with the divisions and try to show that the u.s. is the un reasonable player in this it seems like the principal argument being made against iran by aliens in particular and trying to sort of echoed this but i think he's kind of out of his league when it comes to even remembering all the players are in the middle east is is his ball and and that of course a concern that is driven. i mean not just by the u.s. but particularly by israel on the other hand you've got saudi arabia has been talking and has been trash talking iran seriously for a while that goes back to the sunni shia war argument rivalry whatever but our ally saudi arabia is basically supporting isis and there was a piece in the new york. post today. suggesting the saudi government or people in the s

u.s. company boeing and the canadian company bond body it has a factory in northern ireland and u.k. jobs are threatened because the americans are now imposing a tariff on foreign builds planes daniel lak has the story from toronto several years behind schedule and more than a billion dollars over budget bombard the series passenger jet is finally flying a modest number of planes have been ordered including by the u.s. airline delta but this u.s. commerce department ruling in support of a complaint by rival boeing could trouble the price of the bombard planes and this government is holding crisis meetings obviously were disappointed by the decision and i will continue to play hard for the killing jobs canada's not standing alone in the u.k. bombarded is a major employer in northern ireland where the largest political party props up prime minister to resign may's government she's expressed bitter disappointment so have workers at the bombarded a factory in belfast who want britain to take action of its own against boeing its we're going to lose weight and i need to speak that's what t

u.s. e-commerce company. amazon, ebay, so many nice interesting companies all over the u.s..tephen: you don't want to take on amazon, doing what they are doing? jack: no. what about -- stephen: what about entertainment in hollywood? i know you had a partnership with amblin and steven spielberg. what is your strategy with throughhip in hollywood the best name in hollywood? jack: yeah, first important is partour entertainment is of our strategy. we asked ourselves in the next 10 years, we know we will be very profitable come a very good doing e-commerce and logistic, financing and data. but 10 years later, what is the new business alibaba should be focused in? happy and healthy, double h is our direction. the matter how rich, you want to be healthier, you want to be happier. entertainment should be part of the business. we don't view digital entertainment as a separate business. review it as an investment to acquire and retain customers on our system. it is ok to incur long as it builds the customer base and the ecosystem? jack: yes. there is a lot china can learn from the holl

u.s. company could be scrapped according to the prime minister justin trudeau but the country also says it has legal means to challenge the ruling at the world trade organization and under the terms of the north american free trade agreement nafta with president trump threatening to scrap that agreement the current talks to renegotiate nafta haven't been going well canada says it invests in not subsidizes bombard and as it points out the u.s. has bailed out general motors in the past and gives boeing preferential treatment by some measures canada and the u.s. have the world's largest trading relationship but it's growing more hostile by the day daniel lak al jazeera toronto. ballistic missiles and other weapons have been shown off on armed forces day in south korea the display of military might was in the city appealing teac tensions are high on the peninsula following missile launches and nuclear bomb tests across the border in north korea. the indonesian island of bali remains on high alert because of fears of all kaino might erupt at any moment mt agong has been spurting smoke and ash f

u.s. company could be scrapped according to the prime minister justin trudeau but the country also says it has legal means to challenge the ruling at the world trade organization and under the terms of the north american free trade agreement nafta with president trump threatening to scrap that agreement the current talks to renegotiate nafta haven't been going well canada says it invests in not subsidizes bombard and as it points out the u.s. has bailed out general motors in the past and gives boeing preferential treatment by some measures canada and the u.s. have the world's largest trading relationship but it's growing more hostile by the day daniel lak al jazeera toronto. the governor of tokyo has launched a new political party it adds more uncertainty to next month's general election in japan yuriko high is promising to end nuclear power and freeze a proposed tax hike prime minister shinzo lobby announced the snap election on monday. museum celebrating the works of the japanese artist known as the queen of polka dots has opened in tokyo your career has spanned more than seventy years o

u.s. companies sell to china and asia. this is what we think. usa and be the local company. there is amazon, ebay, nice companies already all over usa. >> you don't to take on amazon doing what they are doing? >> no. >> how about entertainment, in hollywood? you had a partnership with a limp -- amblin and steven spielberg. you have been patient. with oneour strategy of the best names in hollywood? >> first important is our entertainment is focused on our strategy. in the next 10 years, we know we will he very profitable. we will be very good at doing e-commerce, logistics, financing, data. but 10 years later, what is the new business alibaba should be focused on to stay happy and healthy. double h is our direction. you want to be happier and healthier the matter how rich. entertainment should be part of the business. >> we don't view it as a separate business. we view it as an investment to acquire paying customers on our ecosystem. >> it is ok to continue to incur losses as long as it builds the customer base and ecosystem? >> yes. i think a lo

u.s. company, but it's lenders are pressuring for a decision. rkers in china, showing it still has ambitions in the world's biggest internet market. beijing-based positions are advertised on the company's career site. it is also hiring in shanghai and guangdong. in china, android dominates mobile software. one u.k. startup this hoping to solve the problem of limited computing in the gaming world. has developed software that normally break subtasks of done by one server to several servers. we have the improbable ceo joining us now in the studio. softbank led a $500 million investment. you have the backing of li ka-shing and a number of huge sovereign funds as well. why are they excited about improbable here? what is your value proposition? we are trying to accomplish is complementary to the big changes in the world, aia, automation, or the move towards interesting gaming experiences. it is an operating experience for all applications, massive simulations or virtual worlds, the technology we are working on will be really important. angie: to give o

the third method which is used by russian company to receive u.s. dollars for shipment of gas, oil and north korea, this is very important given the dail new resolution that restricts energy sales. they would not process this between non- sanction parties. front companies were created in singapore to obscure the nature of the transaction, allowing almost $7 million in payments for this transfer. all three methods show that north korean suppliers prefer u.s. dollar payments providing a key vulnerability that washington can exploit. this is why it is crucial for the trump administration to issue fines against chinese banks that are facilitating north korea sanctions of asia , matching the successful policy as a chairman said used to pressure european financial institutions that were facilitating iran sanction violations. the fines will likely prompt chinese banks to improve scrutiny of north korean transactions. to be clear, nongovernmental organizations here in washington, i'm confident the largest banks in china with significant mind power can find t