Business News

5 things you need to know today

1. British Prime Minister Theresa May's Brexit deal has been defeated in parliament, with MPs voting 432 to 202 against her proposed plan in the biggest defeat since 1924.

2. Heat wave warnings continue across parts of Australia today, with temperatures expected to reach as high as 48 degrees.

3. Technology stocks pushed the Nasdaq 1.71% higher overnight, with Netflix jumping 6.51% after it announced it plans to increase subscription fees. Meanwhile, the Dow Jones rose by 0.65% and the S&P 500 rose 1.07%.

4. Authorities have regained control of a Nairobi hotel complex after Islamic extremists killed at least seven people and injured at least 10.

5. Due to the partial government shutdown in the US, President Donald Trump has catered a White House visit by US college football national championship winners the Clemson Tigers by ordering over 300 burgers along with pizzas and fries.

Published on: Wednesday, January 16, 2019

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