Coming up in sportsday we will have the latest from the davis cup. And, irelands women beat scotland in the six nations. Scotland havent won in the tournament since 2010. Good evening. Eu leaders have made a show of unity at a summit in malta against what they see as a potentially hostile us president. Donald trump has previously praised the uk for voting for brexit. Today, eu leaders declared the importance of a strong europe in the face of a newly uncertain relationship with america. Theresa may offered to act as a bridge with the us following her visit to washington though one eu leader responded its impossible to build bridges with the us when communication is done mostly on twitter. Our deputy Political Editor John Pienaar Reports from malta. This report contains some flashing images. A stroll in the sun among europes leaders, but soon theresa may will be walking alone after brexit, then shell need all the friends she can get. Friends, she believes, like donald trump. She took his
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
Augusta in the last pu minutes. Hell be here in studio. Futures are suggesting well have a positive open. Dow would open higher by 24 points. Nasdaq would open flat by 2. The corporate story of the morning, shells mega deal. Its the Biggest Energy tie up in more than a decade. Seema mody joins us from london with all the details. Seema. Hey becky. Good morning, its one of the industrys biggest deals in a decade. Shell paying 70 billion which represents a 50 premium to bgs Closing Price yesterday. Now the ceo of shell earlier this morning on cnbc europe explained why this deal makes since and how its not a bet on Lower Oil Prices. This is not a bet on the oil price. This deal works in a whole range of oil and gas prices. Of course we still believe in the longer run in a few years time we will see the longterm fundamentals will assert themselves. We see Higher Oil Prices than what we see at the moment and this deal will look not just very good. It will look fantastic. This deal gives u.
That you need to bill about open enrollment starts with medicare seniors. Is for next weeks plans but they better start looking at the fine print to right away. Premiums will skyrocket and questions remain if pavements are made on entitlement programs as the different flirts withh3 default. One Credit Rating has been put on watch for a possible downgrade because of the political deadlock did washington. Former policy advisor dr. Scott, welcome back to the show. This news under to the market and the stock market was already trading low but people say if they dont make the entitlement payment were talking about medicare tonight to what phil was not mailed . The president issued a veto threat 20 minutes ago the towing the of bill that would include a provision that you cannot subsidize the obamacare plant that the house and members should not be treated differently so with that is included in the house bill the president said he will veto. Gerri talking about the deadline. There is a 12 b
That you need to bill about open enrollment starts with medicare seniors. Is f next weeks plans but th better start loing at the fine print to right away. Premiums will skyrocket and questionremain if pavements are made on entitlement programs a the different flirts withh3 default. One Credit Rating haseen put on watch for a possible downgrade because of the political deadlock did washington. Former picy advisor dr. Ott, welcome bac to the show. This news under to the mark and the stock market was already trading low but people say if they dont make the entitlement payment were talking about medicare tonight to whatphil was not mailed . He president issued a veto threat 20 minutes ago the tong the of bill that would include a provisio that you cannot subsidize th obamacare plant that the house and members should not be treed dferently so with that is iluded in the house bill the president said he will veto. Gerri talking abouthe deadline. Ere is a 12 billi Social Security payments and