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Summary

  1. Get in touch: bizlivepage@bbc.co.uk
  2. US committed to tax reform deadline
  3. Excel loses 'gig economy' court case
  4. Household borrowing jumps in February

Live Reporting

By Dearbail Jordan

All times stated are UK

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  1. Goodnight

    Test Card F

    That's it for another week with Business Live.

    For those in the UK, don't forget that the clocks go forward one hour on Sunday, 26 March.

    See you bright(-ish) and (much) earlier on Monday at 6.00am for all the latest business news and analysis.

  2. Tax reform 'difficult but not impossible'

    Paul Ryan has just said: "This does make tax reform more difficult but it does not make it impossible." 

  3. Ryan: we came up short

    Paul Ryan

    Speaker of the United States House of Representatives Paul Ryan is now talking about having to pull a bill on healthcare reform.

    He talks about "growing pains" and "doing big things are hard". 

    He says: "We came really close but we came up short." 

  4. US markets close door on volatile day

    US trader

    After a roller coaster day, ending in a serious blow for Donald Trump when he pulled the bill to repeal Obamacare , the Dow Jones industrial average ended 59.17 points lower at 20,597.41.

    The S&P 500 closed down 1.97 points at 2,343.99.

    The Nasdaq finished 11.04 points ahead at 5,828.74.

  5. Prepare for a 'quick pivot'

    Donald Trump

    Michael Scanlon, a portfolio manager for Manulife Asset Management, said investors want Donald Trump's administration to move onto other issues.

    He said: "You're going to see a very quick pivot to corporate tax reform and that's regardless of whether this passes or fails.'' 

    Mr Scanlan told the Associated Press that it is important that the US Government reforms tax.

    "Something needs to be done with a permanent solution, not just one of these holiday things,'' he said, because ``the goal is to be a stimulus for domestic investment.'' 

  6. BreakingUS healthcare reform vote postponed again

    A Congressional vote to repeal and reform the Affordable Care Act has been postponed for a second time.

    The Dow Jones industrial average clawed back some losses to fall 86.63 points to 20,569.95.

    The S&P 500 is trading 4.36 points lower at 2,341.60. 

    The Nasdaq rose 5.14 points to 5,822.83.

  7. 'Litmus test' for Trump

    The vote to repeal the Affordable Car Act "is being seen as a good litmus test of the rest of Trump's agenda," said Gennadiy Goldberg, an interest rate strategist at TD Securities.

    Bucky Hellwig, senior vice president at BB&T Wealth Management, said: "If this goes on the back burner and they start addressing corporate tax rates or infrastructure, that would be a positive for the market."

  8. BreakingDow Jones index tumbles

    The Dow Jones industrial average is now down 100 points at 20,555.81.

    The Congressional vote on repealing the US Affordable Care Act is due within the next half an hour.

  9. New £1 coin makes debut on Tuesday

    Pound coin

    Just a reminder, this is the new pound coin that comes into circulation on Tuesday and the reason some Tesco stores will leave their trolleys unlocked.

    The introduction of " the most secure coin in the world " means that everyone will have to use their old pounds by 15 October. 

    So, it is time to shake-out those piggy banks.

  10. US shares fall as healthcare vote nears

    The Dow Jones industrial average has fallen further. It is now down 69.72 points at 20,586.86. 

    The S&P 500 is also lower, falling 4.05 points at 2,341.91.

    The Nasdaq remains ahead but that has narrowed to a rise of 1.62 points to 5,819.31.

  11. Wall Street looks ahead

    Donald Trump

    US stock market traders appear to be looking ahead to the Trump administration's other policy promises as a plan to reform the Affordable Care Act faces difficulties. 

    Alan Lancz, president of Alan B. Lancz & Associates, says: "Investors are coming to the conclusion that either way the vote goes or if they delay it further, that they will start working on the rest of the Trump agenda, and that's what investors are interested in."

    While Paul Zemsky, chief investment officer for multi-asset strategies and solutions at Voya Investment Management, says: "The economy and earnings were doing better since before the election. 

    "If people want to drop the S&P by 300 points because this doesn't pass, I and others will be down there to buy it."

  12. US stock markets hang fire

    Stock market

    Stock markets are again back in wait-and-see mode as US Congress prepares to vote on healthcare reforms.

    The Dow Jones industrial average is trading 29.96 points at 20,626.62.

    The S&P 500 was ahead 1.12 points at 2,347.08 while the Nasdaq rose 17.89 points to 5,835.59.

  13. Twitter considers paid-for premium service

    Twitter

    The micro-blogging site Twitter is mulling offering a paid membership option to its business in an effort to boost revenue.

    BBC North America technology reporter Dave Lee has the full story here.

  14. Countdown to trolley-geddon?

    Shopping trolley

    Britain may soon be heading for a trolley free-for-all after it has emerged that scores of Tesco stores will have to leave them unlocked because of the new £1 coin.

    A 12-sided £1 coin will come into circulation on Tuesday. 

    However, existing trolleys will only accept the old currency, which ceases to become legal tender on 15 October. 

    A Tesco spokesman said: "We're replacing the locks on our trolleys to accept old and new pound coins as well as existing trolley tokens. 

    "As an interim measure we will unlock trolleys while this process is completed and we will continue to have colleagues on hand to attend trolleys in our stores, so our customers aren't affected by the changes."

  15. BreakingUS announces time of healthcare vote

    The Congressional vote on repealing the US Affordable Care Act will take place at 3.30pm BST or 7.30pm GMT, according to White House press secretary Sean Spicer.

    The Dow Jones industrial average is currently trading 10.51 lower at 20,646.07. 

    The S&P 500 is 3.85 points ahead at 2,349.81 and the Nasdaq is up 26.50 points at 5,844.20.

  16. PPG leaves the Netherlands empty-handed

    Akzo Nobel

    Executives from the US paint and coatings-maker PPG have left the Netherlands without meeting with Akzo Nobel, the owner of Dulux.

    PPG has made two offers for Akzo, both of which have been rejected by the company much to the consternation of many of its shareholders.

    However, there are fears at a local level that a takeover by PPG would result in job cuts at the Dutch business which employs 46,000 people.

    A representative of Akzo's main labour union, FNV, told Reuters: "To be honest, we don't want a deal with the Americans. We have major concerns about their plans for job cuts."

  17. FTSE closes lower

    The FTSE 100 closed down 3.89 points at 7,336.82 on Friday.

    The blue chip stock index also ended the week lower, down 1.2% or a loss of 89.32 points.

    The FTSE 250 finished down 21.83 points at 18,980.44 and 0.6% lower on the week.

  18. Vedanta shares fall on investment plan

    Vedanta Resources
    Image caption: Vedanta Resource's share price today

    Shares in Vedanta Resources fell 2.71% to 808p after the Indian miner, which is listed in London, said it will invest $1bn in the Konkola Copper Mines in Zambia.

    Vedanta says the site has the potential to produce copper for the next 50 years and the investment is expected to create 7,000 jobs.