These three things will change the world today.
1. MPs to begin formal Brexit process with two-day debate
Timeline for Amazon
MPs are set to begin two days of debate on the government’s Brexit bill to give Theresa May the authority to invoke Article 50.
Discussions of the European Union (Notification of Withdrawal) Bill will go on until midnight tonight, with a vote scheduled to take place on Wednesday at 7pm London time.
Ministers want to get the bill passed in time to trigger Brexit by 31 March, so official talks between the UK and EU can get underway.
Jeremy Corbyn has order Labour MPs to vote with the government, but some are expected to defy him, particularly MPs whose constituencies voted heavily to remain in the EU.
Two shadow ministers have quit, saying they will vote against the bill. In addition, the Liberal Democrats and the Scottish National Party are to vote against the bill.
Despite this opposition, the bill is expected to pass. Once it does, it will return to the House of Commons next week for the committee stage, when opposition parties are expected to try to push through a series of amendments.
May has promised a formal policy white paper about her Brexit plans, however this has yet to be published.
2. Microsoft and Amazon support lawsuit over Trump’s immigration ban
Washington has become the first US state to file a lawsuit against Trump’s executive order to temporarily ban the travel of people from Muslim-majority countries, with tech companies including Microsoft and Amazon supporting the suit.
A spokesperson for Microsoft told Reuters the company was providing information about the order’s impact “in order to be supportive. And we’d be happy to testify further if needed”.
3 Things That Will Change the World Today
Amazon’s founder Jeff Bezos sent an email to his employees saying Amazon’s legal team “has prepared a declaration of support for the Washington State Attorney general who will be filing suit against the order”.
The lawsuit will attempt to prove the immigration ban is unconstitutional and that the action will separate families in the state, damage the state’s economy and “undermine Washington’s sovereign interest in remaining a welcoming place for immigrants and refugees”.
Other tech companies in the US, including Facebook and Tesla, have spoken out against the immigration ban.
3. Big Apple earnings
iPhone maker Apple will be reporting its fourth quarter and full year results after the US markets close today. This marks the first full quarter of iPhone 7 sales which is set to reveal an increase in earnings for the Silicon Valley-based company.
Revenues are expected to have climbed two per cent to $77.4bn, though earnings per share are expect to fall to $3.22, down from $3.28 a year earlier.
Apple is expected to report this increase in earnings due to sales of its latest devices, the iPhone 7 and iPhone 7 plus, breaking its past three quarters of declines.
However, we shouldn’t expect that Apple’s results to be amazing for the rest of the year.
The upward shift in sales is not supposed to last for the rest of 2017 as many consumers are expected to hold out for the iPhone 8, set to be announced in September and will be the company’s 10th anniversary smartphone.
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