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The eus Top Court Rules that uber is a transportation service, not just a digital provider the company says it wont change how it operates in most countries. Enerthe innogy ceo resigns a profit warning and more pain for steinhoff, shares plunge again as the retailer faces a credit squeeze after accounting troubles. Uber is a taxi company, so says the europeanjustice after a landmark ruling. The definition of uber as a Transportation Firm rather than a tech Company Means it will have to comply with european transport law and regulations in eu Member States the app has responded by saying it doe...

Good morning, warm welcome to Worldwide Exchange on cnbc. Im wilfred frost coming to you live from our studios in london today. Lets have a quick look in on futures this morning coming off a day of slight declines yesterday the dow down 0. 2 . The s p down 0. 3 . It comes off a couple of strong days today were pointing higher. 91 points or so for the dow. Nasdaq up 22 s p up 8 points. Well have more on the markets in a moment. First breaking news out of washington the Senate Passing a landmark tax reform bill early this morning. The measure heads back to the house for a final vote President Tr...

Points. If they come the big open in all three indexes. Lauren stocks are trading in europe. A downmarket acrosstheboard at the cac in paris on the quarter 1 . Gerri in asia to stocks in japan managing nowhere. Higher commissar repeat the nikkei higher, but all other lower. China hang seng in kospi. Lauren tax incentives at the big boost to profits that the stock is jumping. Fbn am is starting right now. Gerri 5 01 a. M. In new york. Wednesday from december 20th. Century wilson first Cheryl Casone. Lauren good to see you. Christmas is creeping closer. Are you prepared . Let us begin with break...

Is that the great bill helping the middle class . Absolutely not. Dagen the house will vote on the bill later today, likely sending it to the president side or derisive procedurals not that his force the second vote. The snag over in the senate. Following the passage in the Senate Current futures are showing this happening in the markets. Slight pullback in the dow up 37 points. We are seeing possibly new alltime highs for all your major market gauges. Either way, you have highs on the transports earlier in the week. Literally every Single Market in the u. S. Has been moving in sync on the opt...

Decline by a less than a percent for the hang seng and shanghai down a quarter percentage point. In early trading in europe, there are red arrows across the board. The dax is down by a tenth of a percent. Same thing with the ftse cac is down by slightly more than that. Declines also in italy and spain. Looking at crude oil prices, you will see that crude oil is up about 18 cents to 57. 74 lets look at the tenyear yesterday the tenyear topping 2. 4 well look at that in a bit. Here it comes. Yep 2. 455 . Slightly lower than yesterday, but still above 2. 4 this is past the point that Rick Santell...