Barrel. Shares of hershey getting crushed after food giant rocks away from the 25 billion takeover bid for hershey. Nicole apple and the hook for billions of dollars in taxes. If the european decides to tax the deal is illegal. Any decision could come within the hour and is expected to go against apple. Nicole and sports the u. S. Open is underway. Off to a very good start. The new york mets. Other highlights coming up. Lauren 5 01 a. M. In new york. Welcome to fbn am, your first look at morning markets and breaking news. Nicole apple is going to be hit the european tax bill of more than 1 million this morning. Sources told reuters the European Commission will rule that apples tax deal in ireland is illegal. The commission accused ireland in 24 enough avoiding International Tax will by letting apple shelter profits for tens of billions of dollars in tax theirs in return for jobs. Apple employs around 5500 people in ireland. Apple would be able to appeal the decision and likely will. La
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