Lets see what happened overnight in asia. The flnikkeiclosed down. Hang seng down by 5 points the shanghai composite up by a third of a percentage point. In europe in some early trading, looks like the dax is up by a third of a percentage point. The cac is up bay half py a half percentage point finally check out crude Oil Prices Crude Oil yesterday down by 1. 4 on some questions about u. S. Supply and also doubts about whether russia is going to be cutting output whether it will stick with that. This morning down 1 couple big stories were watching japans softbank offering to purchase shares of uber at a valuation of only 28 billio 4 . Thats a huge drop of the most recent valuation of 68 billion. Ubers board approved the investment in october. It would expand the board and cut the influence of founder travis kalanick. Big question about whether people will tend near this offer. The consortium is led by softbank, and they plan to take a stake of 14 in uber if they dont get it at this pri
Benefits of tax cuts of bonuses, higher wages, more hiring in more investment. Its the great corporate pass through. More announcements are likely. Tax cuts showing positive economic results. Democrats are still making some very dubious claims. For example, nancy pelosi says raises taxes on 86 million middleclass families. That is factually wrong. It is dishonest political spin. The left plans a yearlong allout attack like about when you just saw. Investors clearly approve however the tax cuts and what theyll do for economy for wages jobs and investments. Stocks going up this morning. We dont know how the market closes this afternoon, the president and his top economic adviser both talking up the market today. It will open high gear. Later this morning, Congress Holds a tax plan signing ceremony and you will see it. Varney company is about to begin. We will start with this. A white suv plowed into a crowd of pedestrians in melbourne, australia. We want to know who did it and are the au
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Another handshake a friendly lunch and a rare in the taishan south koreas leader is asked to visit. A new round of hugging diplomacy indias Prime Minister wraps up a historic visit to palestine just weeks after he hosted the president of israel. In a local election that could stress upon the ruling coalition. Would begin with one of the biggest confrontations between israel and iran in years that said with the downing of an israeli f. Sixteen fighter jet well the jet crashed after coming under fire during a mission inside syria but it landed then israeli territory it all began when israel says it spotted a drone flying in its airspace and intercepted it israel says the drone originated from syria and it launched a major air raid in syrian territory in response with its warplanes targeting at least a dozen syrian and iranian bases well syria responded with a barrow aircraft fire and thats when the f. Sixteen was dad. Well iran has rejected as ridiculous israels claim that it intercepted
Koreas olympics or is continuing with an invitation to the south Korean Leader to visit kenya and antiracist demonstrations in the italian town where six africans were shot last week. And brazil and colombia are tightening border controls with venezuela away economic crisis is that hundreds of thousands to leave. Welcome to the program on top story israeli Prime Minister Benjamin Netanyahu says israel will continue to resist any iranian attempt to establish itself inside syria after an israeli fighter jet was down by antiaircraft fire during an air raid in syria the israelis say the raid was in response to the discovery of an iranian drone launched from syria flying in space iran can reports from leicester asylum. In the early hours of saturday morning syrias war escalated to a new level for the first time in thirty years israel lost a fighter jet to enemy fire israel confirmed Syrian Air Defense shot at one of its of sixteen fighter jets the israeli Prime Minister was blunt israel hol