The holiday. Lets get this show on the road, power lunch starts right now welcome to power lunch. Im will stocks lower this hour, nasdaq and russell 2,000 did manage to hit record highs before pulling back Oil Pushing Higher in more than two years and check out individual movers as well. Amazon hitting alltime highs today. Under armour reing but the stock on pace for its worse year ever. More than that ahead serna, expected to announce a deal with the company and gamestop rallying posting strong results. Michele . We begin with this hour with ubers hack attack millions all over the world have been affected whats causing outrage however, uber paid money to cover it up joining us now with the latest, deadria . Hey, michele, the names, emails, drivers license numbers of 57 million riders and drivers were exposed uber paid as you said 100,000 in hush money to the hackers and hid the breach for the public and regulators for a year. Drivers are only now finding out if they were affected. I s
Of a percentage point. The hang seng was up by 0. 4 shanghai composite was up 0. 4 in europe in some early trading that were seeing, we are looking at a mixed picture slight declines in germany and in france. The ftse is up by a quarter percentage point gains in italy and in spain as well finally crude oil prices, which were up by 50 cents yesterday, they have given back some of those gains. We are talk about crude oil below 58 a barrel a couple stories were watching, bombardier said it is confident u. S. International trade commission will reach the right conclusion in its dispute with boeing. The Commerce Department announced yesterday it will impose duties of 300 on the companys cseries jets after boeing had been complaining they had been unfairly subsidized by the canadian government. The penalty will only take effect if the itc rules in boeings favor bombardier said it is common practice for a plane manufacturer to offer discounts to launch customers. Bombardiers ceo will join us
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
Leave it. President says hes done negotiating on health care. That crucial vote now set for later today. Keystone green light, the president set to officially reverse one of the obama signature Environmental Policies this morning. And then markets on track for their worst week since november, wall streets keeping close watch on d. C. And any progress for the trump agenda. President s pushing hard for House Republicans to pass Health Reform today. In the past hour he wrote after seven horrible years of obamacare, skyrocketing premiums and deductibles, bad health care, this is finally your chance for a great plan. A lot of people wondering if they move to taxes is that like the market saying lets have dessert first, jim . Well, look, i expect there could be a quick leg down if he doesnt win. Theres always this weird kind of, well, you know what, legislation momentum, trump loses and its over. No, history says its not over. So i think that the faster they get no matter what tax reform fai
Definitely will not change the results in the Senate Campaigns because the recount is only of president ial votes. At the end of this hour well be joined by Raphael Warnock, democratic candidate for senate in georgia. He came in first in a field of over 20 candidates in last weeks voting in that race for that republican seat now being held by republican senator Kelly Loeffler. Election day now is set for january 5th for the runoff. Raphael warnock will join us at the end of this hour. The two Senate Campaigns in georgia will determine which Party Controls the United States senate. And thats why Raphael Warnock getting tonights last word is so important. As we approach that january 5th runoff. And as we complete this recordbreaking fifth day of silence from donald trump, the restoration of sanity is fully under way with the selection of ron klain as the next white house chief of staff. I suppose i should be more careful with the word next because with 70 days left donald trump still has