In europe for the major look like this. The ft 100 the cac are down fractionally end up fractionally. In asia overnight were higher as you see there, markets in shanghai and korea were closed for a holiday. Thirdquarter earnings per share but bolstered expectations that the stock right now not showing Much Movement but the news hitting that day. Breaking news out of the European Union. Regulators were that amazon has to pay nearly 300 million tax bill for unpaid taxes. Amazon shares dropping on the dropping on them is down two thirds of a percent. It has been a contentious one for other retailers. Well bring you more on that coming up. Yahoos breach bigger than first thought. The warning as is revealed all 3 billion accounts were actually affect it in some way. Then there is this. Equifax shakas former ceo grilled on capitol hill over the data breach there. The company gave the new customer of the federal government why they are trusting that are trusting that for the much vast million
The chair the house is in the committee of the whole house on the state of the union for further consideration of house concurrent resolution 71 which the clerk will report by title. The clerk concurrent resolution establishing the congressional budget for the United States government for fiscal year 2018 and setting forth the appropriate budgetary levels for iscal years 2019 through 2027. The chair when the committee of the whole rose earlier today, a request for a recorded vote on amendment number 2 printed in house report 115339 offered by the gentleman from virginia, mr. Scott, had been postponed. Pursuant to clause 6 of rule 18, proceedings will now resume on those amendments printed in house report 115339 on which further proceedings were postponed in the following order. Amendment number 1, mr. Grijalva of arizona. Amendment number 2, mr. Scott of virginia. The chair will reduce to five minutes the time for any electronic vote after the first in the series. The Unfinished Busine
Street our house in the middle of th street welcome to power lunch. As melissa points out, another string of record highs for averages any gains by dow, as in dam and s p 500 means a record close check out some of the big movers right now. Sea world is taking a hit. Reports the company is a takeover target. So why is it higher . We will explain later. Constellation brands, company beating east mates and raising the outlook. Constellation ceo joining cramer on mad money. The xlk is at a new 17year high paypal, apple, microsoft, alphabet all leading the way there. We are looking at shares of regeneron. News that we reported earlier he that u. S. Court reversed a ban on sales of the cholesterollowering drug, can you see shares up 3. 5 tyler, back to you thank you very much welcome to power lunch. Lets look at the dow. Major move that republicans passed a 4 trillion federal budget resolution. It is the first concrete step to tax reform for procedural parliamentary reasons. But there is a l
Chasing news. Hollywood oscar winning producer Harvey Weinstein, who an awful t of trouble in the new york types system reports kim out talking about allegation of Sexual Harassment. It turns out over the past three decades the oscar winning producer has settled Sexual Harassment claims with at least eight women. The controversy is how many organization and candidates received money from him and his organizations and his friends, should they jeff it back. Diana has the four ry. Hollywood producer Harvey Weinstein has quickcally gone from political ally to liability. After this report, he is showing decades of Sexual Harassment case. The democrat megadonor has given over 700 thousand to democratic campaigns over this years now many are scrambling to get rid of it. There is a thing that runs in the water in the democratic surface. It is called being politically correct the politically correct thing for them to doing now is give the money back as though it makes them pour and clean becaus
Warm welcome to Worldwide Exchange. Im wilfred frost at cnbc hq im safer sar a eisen in washington today were always here when finance ministers from around the globe descend on washington. This time its unusual 2017 for the first year since before the economic crisis and financial crisis is a year of synchronized Global Growth european debt crisis, fiscal cliffs, all sorts of uncertainties in the u. S forget it. This year the Global Economy is in expansion mode together, its not just certain economies were relying on the question is how fragile is that how sustainable is that . How can policymakers take the opportunity to put in place policies that will sustain it. Policies like tax reform front and center in washington for the u. S. One other common theme, apart from the uk, is the lack of inflation. Im sure thats a topic that will come up i thought we would get a catchup first i only see you by video link these days its a busy week for me the p g proxy vote in since nat tichlt ill c