the medicine cost $13.50 a tablet before turing acquired the drug from another company in august. now it costs $750 a tablet. that's a 5,000% price increase overnight. >> we're trying to keep our secret stash somewhere but it's been hard for hospitals and clinics to get access to the drug particularly because their budgets were simply not prepared for such an incredible price increase. >> reporter: dr. carlos del rio treats patients with hiv/aids who are among the groups who can find themselves in need of deraprim. the drug treats a parazittic infection that can arise in people. the infectious disease society of america wrote a letter to turing this month urging the company to adjust the price citing no justification for an increase of this size for a drug approved in 1953. turing's ceo martin shkreli says the price increase will enable development of a newer better drug for the infection and that turing brought daraprim with those plans in mind. >> we definitely planned on raising the price. that's for sure. we paid a very, very large amount to buy an unprochtable medicine we can

this is ture, my host. what else is out there, octopus?> oh, yeah. >> and i want to try and find some small abalone, we call the bucce, and small clams. i think they will be really full. >> i'm thinking really? are these prime fishing waters? i don't know about this. with all this boat traffic and all these people so close to the action, i can't see much of anything living down there. >> okay. we anchor here. >> but i am famous for my optimism, so i dutifully suited up for what was advertised as a three-hour cruise. ♪ so i get in the water, and i'm paddling around. and splash! suddenly, there's a dead sea creature sinking slowly to the seabed in front of me. are they kidding me? i'm thinking can this be happening? splash. there's another one. splash, another rigor mortis half-frozen freakin' octopus, but it goes on. one dead cuttlefish, octopus, frozen sea urchin after another, splash, splash, splash. each specimen drops among the rocks or along the sea floor, to be heroically discovered by ture moments later and proudly shown off to camer

turing farm assumes even at our new price is bare lay break even company. we'll lower it to a point where turing pharmaceuticals is a break even or very slightly profitable company. >> he said the decision on a new price would come in the coming weeks. bill karins cairns is here with wednesday weather. >> we get some downpours in the arizona. a lot in the higher terrain here. not so much phoenix. south side just a little bit. california was relatively dry. a very quiet forecast really across the country and all the way from arizona back up through californi california, nevada into the northwest. the heavy rain and nasty weather is out here in omaha they have had flash flooding and the serious thunderstorms sitting over the city ail morning long. and problems to the beach lovers on the southeast coast but that is about it. very warm weather still across the country. 88 in l.a. the heat starting to build again in the southwest. as far as the visit for the pope in washington dc, couldn't ask into the northwest. the heat still build up a little bit there around

>> in my opinion that's very specific to turing. this was a price increase of a massive magnitude and happened again with another drug four years ago. sfu look at the drugs and specialty pharmaceuticals, drugs for roim toyed arthritis, oncology, the my prices may be disappoint to go investors and to consumers, but the price increases on an annual basis are not nearly that dramatic, they are more on the order of 6 to 12%. so i think that the issue with turing is a terrible example of what can happen in the free markets, but i think the specialty pharmaceuticals that have come out in the last 14 years have done a great job at improving healthcare. >> quickly before we let you go let's talk to investors for just a second here. what do you make of the biotech stocks, were they overvalg lewd, was this sell youf justified? >> when the biotech index, ibb was around 400 i had said i thought it was about 30% overvalued. it's corrected 15% and i think we are in a bottoming process between 280 and 350 where we will separate the haves from the

turing pharmaceuticals, even at our new price, is barely a break-even company. we'll lower it to a point where turing pharmaceuticals is a break-even or a very slightly profitable company. >> he said the decision on a new price would come in the coming weeks. >>> ten minutes past the hour. cnbc's landon dowdy is here with business. good morning. >> good morning to you. volkswagen's diesel deception is spreading. the company now saying 11 million cars worldwide have been equipped with software that was used to cheat an emissions tests. volkswagen will set aside roughly $7.3 billion to cover the cost of fixing the cars. >>> and good news coffee lovers. no more waiting in line for your lattes. customers can now use the starbucks app to place food and drink orders before they get to stores. starbucks launched the service more than 7400 coffee shops across the nation and plans to feature it in uk and canadian stores next month. >>> and taco bell is betting big on alcohol. the new taco bell cantona will debut later today in chicago. and will allow customers to order b

. >>> turing farm pharmaceutical ceo says he's rethinking his stance. on monday, he gave a resounding no when asked if he would roll back the 5 ,000% price. some medical experts, they are skeptical. >> we don't need another drug in this space and there's no in indication that this guy has any idea to do drug research and development. >>> and in a phone interview with n bc's yesterday, he defend defended the price hike glp the price of daraprim did not create a wildly profitable company. turing pharmaceuticals, even at our new price is barely a break even company, we'll low it -- >> he said a decision on a new price would come in the coming weeks. >>> bill karins is here with the latest on the weather. it better be big because we have big meetings going on in d.c. >>> as far as what we're dealing with right now, overnight, heavy rains, especially in areas of northern nebraska and that's really the only horrible weather very warm from coast to coast. from new orleans to miami, yowlver yowl you'll have a chance of rain. and the big parade at 11:00 should b

turing pharmaceuticals' aprim is -- of der >> what is more concerning is this trend is causing the cost of medications to go up. so overall, as you see this happening with many drugs, the impact would be tremendous because increasingly the cost of health care is driven by the cost of medicine. of theu.s. has some highest prescription drug costs in the world. pricing controls are a constant concern for the industry. now politicians are waiting in. s bernietial candidate sanders and hillary clinton have unveiled plans for reining in the cost of prescription drugs. >> pope francis has been greeted by crowds of well-wishers in washington. he is embarking on his first ever to the united states. later this thursday, he will be the first pontiff in history to speak before the u.s. congress. he has already held talks with barack obama at the white house. you see them there together. he has celebrated a mass at a washington cathedral. philip crowther has more on the pop-outs visit. pope francis will adjust a republican-controlled congress in washington thursday, and republicans have already reco

after turing pharmaceuticals bought the drug in august it raised the price by 5,000%. it now costs $750 a tablet. the company's ceo defended his decision on cnn yesterday. he argues the proceeds will go to research to make the drug better. >> there have been much larger drug price increases by much bigger drug companies that actually you would argue large multibillion dollar companies with lots of cash that don't necessarily need to do this. turing is a very small company, we're a new company and we're not a profitable company. for us to try to exist and make any profit i think is pretty reasonable. >> in response to all of this attention and doctors and patient groups saying they can't access this drug, are you going to change the price? >> no. >> okay. >> well, there you have it. the price hike could cost some people over $100,000 a year. >>> it was one of the largest food recalls in american history. well now the man at the center of a deadly sam them la outbreak is going to prison. 61-year-old stewart parnell has been sentenced to 28 years in prison. the company's

she was actually referring to turing pharmaceuticals.ner decided to hike the price of daraprim, a potentially life-saving drug from $13.50 a tablet to $750 per tablet. not kidding. cnn's senior washington correspondent jeff zeleny joins me life with hillary clinton's plan and more on this story. good morning. >> reporter: good morning, carol. when she visits iowa today, hillary clinton will present that plan to control these soaring costs of prescription drugs. now, it's all part of a week-long focus on health care. what an example she has now with that price of drugs you just showed. she is, of course, defending the affordable care act here. but she's talking about how it should be improved upon. one way she's talking about specifically is trying to reign in the high cost of prescription drugs. she talked about this yesterday during a speech in louisiana. let's take a listen. >> oftentimes these so-called specialty drugs are the only ones on the market, and there's no competition to keep the price down. so, drug companies are charging e

vo new york's "turing pharmaceuticals" announced this week it was raising the price of "daraprim" from 750-dollars ---a pill. the huge price increase created a huge public backlash. today, the company's 32- year-old c-e-o say >>> the huge price increase created a backlash. today the company's 32-year-old ceo will drop the price. >>> most mistakes are not made during surgery but in diagnosis. many americans die because of misdiagnosis and one in 20 are incorrectly diagnosed every year. as a patient you should ask for more tests and second opinions. as we just mentioned... some sad news to pass along tonight. yankee >>> good evening. as we just mentioned some sad news to pass along, yankee great yogi berra passed away at the age of 90. he was a three time al mvp. he went on to manage the yankees and mets and also served in the navy during world war ii. >>> talking baseball tonight, buster posey dealing with hip and back issues keeping him in against the padres. back up trevor gets the pick. that's going to be a double. giants take a 1-0 lead. 2 run game. gets ahold of one. matt kemp agai

he says turing is not profitable and just trying to stay in business.prescription drug costs. >>> we know carly fiorina can debate, but what about improv singing? she sang a song allegedly off the cuff about her dog snickers. >> i have two dogs. snickers and max. i make up songs. my mother and i used to sing together all the time. >> is it dorky? >> dorky? my dogs are not dorky. >> no, no. the singing. is the singing dorky. ♪ please don't take a walk with me i would rather stay ♪ ♪ at home and sit down in my warm bed ♪ ♪ i'm now sick and you're going to have to carry me ♪ >> that's pretty cute. >> the next debate will be a sing-off. all the candidates. i want to know which candidate sing best. >> i think martin o'malley. he may actually sing. i am very curious to find out. i hope they get tested. carly fiorina kicks off a swing through south carolina and a town hall in myrtle beach. >>> the kentucky clerk once jailed for refusing gay couples marriage licenses, she breaks down in tears in a new interview. actually helps to support your muscle health? boo

turing farm suit kell ceo s s says they heard the public's outrage throughout and clear. >> we've griedraprim to allow a company to make a profit but a very small profit and we think these changes will be welcomed. >> turing stock tanked nearly 5% after he raised the price of the drug which is used by people with proper compromised immune systems. he says his company gives away half of the drug for free or for just part of a dollar. >>> volkswagen ceo has resigned. martin winterkorn says he's stepping down in the interest of the company as it grapples with emissions scandal. the company has since launched an internal investigation and will hold an emergency board meting friday to talk about their next steps. >>> now to the campaign trail where donald trump and hillary clinton are making headlines once again. >> here is marci gonzalez. >> reporter: today more donald trump drama. the republican frontrunner refueling his battle with fox news tweeting that he won't do anymore shows on the network claiming they treated him unfairly. but on other networks, he's been touting his success in the

if you have unlimited data, it is a great fee ture because you don't have to purn turn off the wi-fi when the cell phone connection goes bad, if not, it is not that dread great if you have a cap on the data plan. >> well, a lot of people don't have unlimited dat plans so you could have a surprise on the bill at the end of the month if you are not checking those messages or alert interests the carrier. dari: all right. so here is how it goes. to disable the feature, justs go to the feature. click on cell uar. scroll down to wi-fi assist. then simply switch it over could always all right. millions of facebook users were fooled again. it is a message this is posted and shared among facebook friends that claims users will have to pay a monthly fee to keep their pick turns videos private if they don't repost the message z a status. that that scam has ahead a round a few times. they reassured hes soars saying the site should be free and you should not believe everything you red on the internet. then sign away when you join facebook in the first place. dari: a final farewell toll a yankees'

. >>> late breaking news tonight with the ceo of turing pharmaceuticals 32-year-old former hedge fund manager martin shkreli announcing he is reversing course after coming under tremendous criticism for raising the price of a drug 5000%. the drug daraprim is used to treat toxoplasmosis. after buying rights to the 62-year-old drug last month, turing pharmaceuticals raised the price from $13.50 per pill up to $750 a pill taking the total treatment cost from around $1,000 up to $63,000. daraprim costs very little to make. the price increase prompted protests and outrage online. martin shkreli was defiant in the face of criticism tweeting out lyrics of eminem and calling a journalist who questioned him a moron. in a series of interviews he said profits would pay for a new and improved version of the drug even though doctors argued the version worked just fine. he argued the price hike wasn't so bad. >> the companies before us were giving it away. the price per course of treatment was only $1,000. these days modern pharmaceuticals cancer drugs can cost $1,000 or more. daraprim is still und

he's a vulture, not a boy genius, 32-year-old ceo of turing raised the privacy the drug 5,000%.his is a 62-year-old drug. cost of developing this drug have been wrung out. we've seen that in the marketplace. instead of what martin did which is raised the price of a drug in the marketplace for a long time. have you high drug prices on brand-spanking new drugs that are coming out right now because that's how you get those great big margins. something new, something innovative, something the company spent a lot of money developing. i disagree with the previous guest because i don't think that the government can demand price cuts on these drugs. companies have to develop the products, takes a lot of money to do that but that's not what we're talking about in this particular case. i think this fella could have gotten away with this, no problem at all, it's done all over the place, right? if he hadn't had such a terrible social media. deirdre: so what about ambien? >> on social media he's been insensitive, lots of pictures about wealth, bragging about how wealthy it is, how great it i

the american pharmaceutical company turing is trying to stem an angry backlash. it will roll back a 5000% price hike for daraprim, which treats a parasite that [captioning made possible by democracy now!] amy: from pacifica, this is democracy now! to greet the pilgrims and the people of philadelphia when i come for the world meeting for families. i will be there. see you in philadelphia. pope francis arrives in washington dc in his first ever trip to the united states. how will m

turing pharmaceuticals raised the price of airframe from $13.50 to $750. the company's ceo said it was to make a reasonable profit. now he he says the cost will go down. it's used to treat life-threatening paracytic infections in cancer and aids patients. >>> martin witten corn will resign today. he admitted to rigging 11 million vehicles to pass u.s. emissions tests. he accepted responsibility. no replacement has been announced. >>> the tsa is on track to confiscate a record of number of guns across u.s. airports this year. but it is just one of a surprising number of items passengers try to get past security. >> reporter: it took just two days to fill this table full of prohibited items passengers try to bring through tsa checkpoints at dulles airport outside washington, d.c. items like stun guns, knives, cleavers, ninja throwing stars, replica guns, and nunchuks. >> it's baffle. it seems like this is a weapon. >> it is baffling. >> reporter: scott johnson is the federal security director at dulles. >> i'll ask a passenger directly to the face, do you ha

we are expecting it to become a hurricane in the near ture, but it is still going to struggle just ait trying to keep its act together, and then if it does make it through, which we are thinking it is at this point, it moves towards the north and sets sights on north eastern coast of the united states meaning a lot of rainfall. in the meantime, that cold front is bringing a lot of rainfall in and of itself, but there may be more rainfall in the first part of next week. rather than seeing the nice, bright sunny skies in this scenario, there's wet conditions through the next few days from boston to washington, d.c., and that extends to the south in miami. drier as we go out towds the west. now, as eyou look at the forecat in east asia, we are keeping an eye on the remnants of a storm that's taking the moisture along with the stationary front located near the western portion of japan and move towards the east. we had a high pressure system over japan bringing us drier condition, but that's going to change thursday and friday, and the moisture is picked up, drives up over the korean peni

the ceo of turing pharmaceuticals is defending the decision to raise the price rft drug daraprim from0 a tablet to $750 for the same pill. daraprim which has been on the market for 62 years is used to treat an infection that affects many aids and cancer patients, along with pregnant women. for many of those patients, that raises their annual cost of treatment by hundreds of thousands of dollars. in an appearance on cnbc, 32-year-old ceo, a former hedge fund trader, vowed not to drop the price. >> did you not expect a 5,000% price increase would result in that kind of attention? >> maybe, maybe not. it really depends how focused people want to be on the industry. >> when you bought this company did you buy it because you knew that you could raise the price. >> we definitely planned on raising the price, that's for sure. >> in response to all of this attention, and doctors and patient groups saying they can't access this drug, are you going to change the price? >> no. >> okay. >> well, turing is the only -- one of the only latest of a growing list of pharmaceutical companies that have d

martin shkreli, the former hedge fund manager who turing pharmaceutical bought a drug called daraprim and practically overnight boosting it 5,000%, from $13.50 a tablet to $750 a pill. >> this is the more appropriate price for daraprim. at this price it is still on the low end of what or fan drugs cost and we're not the first company to raise drug prices. >> reporter: he said it was for research money to develop a daraprim used by those with infections, sometimes contracted by aids and cancer patients, has been around for 62 years. >> we don't need another drug in this space and there is no indication that this guy has any idea how to do drug research and development. so i don't think this is a well-justified argument at all. it is simply exploiting a niche drug. >> reporter: after a public outcry, cnbc meg tirrell asked if he would consider lowering the price. >> in response to all of this attention and doctors can't access the drug, are you going to change the price? >> no. >> he was blasted online and tweeted lyrics by a song by eminem. it seems like the media immediately points a

the latest uproar began after the new york times reported how one company, turing pharmaceuticals, raised the price of a drug from $13 a pill to $750. it follows headlines about the rising costs of new cancer drugs, as well as a breakthrough drug for hepatitis c that initially cost more than $80,000 for a course of treatment. the two leading democratic candidates for president, hillary clinton and bernie sanders, are proposing big changes, including lowering patient costs and bigger discounts for medicare. two views on this, now. dr. peter bach is the director of the center for health policy and outcomes at memorial sloan kettering cancer center. and dr. thomas stossel is the director of translational medicine at brigham and women's hospital and a professor of medicine at harvard medical school. and gentlemen, we welcome you both. dr. bach, i'm start with you. why is this happening? >> well, it's really that there's no system in place the hold down drug prices, and so companies are just becoming increasingly bold, charging prices that they think the market will bear. and turing pharmaceut

that is bad actors making a fortune off of people's misfortune. >> turing pharmaceuticals raised the's a drug that's been around for decades and used to treat aid patients. the price was raised from $13.50 for a tablet to $750 if shkreli, a former hedge fund manager, originally said the price increase is necessary for future research. joining me now are cnbc's meg terrell and dr. cory a. bear, a practicing physician and professor at louisiana state university health sciences center. so, meg, you got a chance to interview him. you know this world, obviously, a little bit better than i do. so, he's not putting -- he's saying the price will come down now a little bit. we were at 13 bucks. now we're at $7.550. do we have a sense where in that range he can still make a profit but it's still affordable? >> you can presume he could have made a profit at the old price. but they bought the drug for $50 million to $60 million. after spending that much money to buy it, they had to raise the price to recoup the cost. so the old company, it was reported that it only took about $1 to manufacture e

--de forma repentina, la empresa "turing pharmaceuticals " elev de trece dlares a 750 "daraprim", eciocas en las redes sociales, que calificaron la medida como "avaricia corporativa"... --falmenteel fa sede en nueva york anunci ayer que bajara el precio, pero no especific en cuanto. lorena -take vo --tenga cuidado con la separacin de la basura en casa, porque el mal manejo de los desechos podra costarle mucho dinero... --el concejo municipal de san jos sancionar con multas de hasta cincuenta dlares a los residentes que depositen basura no reciclable en los contenedores destinados a este propsito... --una auditoria reciente, muestra que el 40 por ciento de los materiales encontrados en los botes de reciclaje no se pueden volver a usar. bump juanfra ---nos vamos a la pausa en noticiero telundo a las diez. take vo take vo / juanfra --- al menos 9 personas resultaron heridas en violentos enfrentamientos entre estudiantes y fuerzas del orden en mxico, le contamos que paso en minutos.. lucrecia wx live ♪ ♪ ♪ ♪ crece conmigo ♪ y sigamos el mismo camino ♪ y será lo mejor ♪ tú y yo ♪ ♪ nuestras

to pr newswire for including "teen kids news" on their big screen in times square, new york city. turesbusch gardens-- for more than forty years working to preserve the world we share. a big fish in a small pond... not hardly. it's the biggest fish in the sea. hi, i'm jack hanna, here at my base camp, busch gardens, tampa bay. welcome to animal adventures. if you had the chance to see. first-hand.

correctional officers that are facing charges, including murder, after the death of this man, michael ture. the investigative unit is standing by with more on the training and supervision at the jail. we begin with michelle roberts on the disturbing accusations. she "live at the sheriff's office in san jose with more. >> reporter: the suspects are accused of beating an inmate to death. the investigation is still ongoing. there's a press conference this afternoon where the sheriff said she believes these suspects are responsible. she even teared up a little bit when talking about the victim's family. >> the disappointment and disgust that i feel cannot be overstated. >> reporter: santa clara county sheriff said three correctional officers who vowed to protect and serve were responsible for killing a mentally ill inmate who was waiting to be transferred to a mental health facility. >> they're the reason for this brutal

liz: there is a story, certainly, the ceo of turing pharmaceuticals who hiked the price of a pill thatthrough an acquisition from about $13.50 to suddenly $750. per pill. do you see that as gouging? do you see it as fair practice because it's the only pill that does what it does, or do you see it as a real taking advantage of, and is there something that needs to be done to prevent it that the free market could handle more than government? >> i think what happened was there was such a pushback because it was gouging. and the man backed off, from what i understand. so, absolutely, i think the right thing happened the right way. i mean, people are prepared to pay for things that happen by way of research that are very helpful. you should get a profit for all of your work. how many drugs that are tested just don't make grade. so the right thing happened. absolutely right thing happened. liz: back in june after the landmark supreme court ruling on obamacare you were on our program, and you said you were not surprised that the supreme court upheld all that obamacare is and that obamacare's

got a new selfie here in new -rk. 21ear-wed daesd carr nooch walked out on a beam and snapped this p ture back in july. yeah, you can't do that. last month he was arrested in chattanooga and extradited here. the photo raised security concerns just before the fourth of july. >>> 4:48 now in new jersey. new construction codes take effect today, but some people say the rules don't go far enough to prevent fires. our news partner says the regulations lack many of the safety changes called for after th massive fire in edgewater, new jersey. thr,e fire destroyed the avalon luxury housing comple bk in january. among the suggestions are to limit the use of light wood frames which can burn faster and collapse. officials say they're already working on the next set of revisions for the year 2018. >>> moving now to northern ca glifornea. the deadly and destructive valley fire is now 69% contained.d,it's been burning for more than a week though. evacuation orders for several communities have been lifted. that's a bit of good news. people returning to their neighborhoods finding they're gone. their nei

last year, fewer than 9,000 prescriptions were written for the pill help his company, turing pharmaceutical, bought daraprim this year and immediately jacked the price up more than 5,000%. >> if there's a company that was selling an aston martin at the price of a bicycle, and we buy that company, and we ask to charge toyota prices i don't think that should be a crime. >> reporter: and it's not. the f.d.a. has no authority over drug prices. pharmaceuticals raised prices for two newly purchased heart drugs 212% and 525%. two years ago, horizon pharma increased the price of vimovo pain tablets, 597%. in fact, since 2008, non-generic prescription drug prices have soared by 127%. >> but right now, it's a free market, and it's up to each company to decide what price is proper. >> reporter: he says his company will use the profits from daraprim to develop other medicines. >> there's no doubt, i'm a capitalist. i'm trying to create a big drug company, a successful drug come, a profitable drug company. >> reporter: you see how greedy this move looks. >> i can see how it looks greet grooedy but there

price gouging with awful this attention being paid to the industry over this one private company turing pharmaceuticals rising the price of that drug by 500%. because biotech has been outperg for the past five years nonspecialists have come into space and may be thinking now is the sometime where there is a lot of fear, time to take some off. today we are seeing negative headlines on valiant. we're wearing that a congressional committee wants to subpoena that company and try to get their ceo to appear in front of congress to answer questions on drug pricing concerns. i'm hearing two things that i want to address which is i just had lunch with an list over there who says that during election cycles, over the last four presidential elections biotechs have typically underperformed when compared with the prior market. >> because it becomes -- drug pricing becomes a campaign issue. >> it is a hot butt boston issue. they say as long as there is no clear republican contender for hillary clinton right now because it's kind of unclear what's going to happen on the republican side this is going t

after turing pharmaceuticals bought the drug in august it raised the price by 5,000%. >> are you going the price? >> no. >> a slack ride in the french alps. look at this. oh, he fails miserably. and check out this rat. carrying a slice of pizza. baseball legend yogi berra has died at the age of 90. >> thank you so very much. you will never have to see me. >> thank you for stopping by. come back soon. you're the best. >> "way too early" is next. >>> mr. speaker, the pope of the holy see! >>> the people's pope giving an unprecedented address in the people's house, setting a new tone on capitol hill. >>> and today francis begins his first full day in new york city. speaking before the u.n. general assembly, and praying at ground zero. >>> and a horrifying stampede in the holy city of mecca. this morning 700 people are dead, just as many injured. now saudi officials are trying to figure out what triggered the sudden panic. plus -- >> he's not well informed on the issues. he never talks about issues and can't have more than a ten-second sound bite on any key issue. so i think he's kind of b

the ceo of turing pharmaceutical, a 32-year-old former hedge fund manager, initially justified the priceike claiming that the money was needed for research and development. >> in response to all of this attention, and doctors and patient groups saying they can't access this drug are you going to change the price? >> no. >> the ceo now acknowledges that mistakes were made with respect to helping people understand the huge increase. no word on what the new price will be. >>> turning now to sad news out of the world of baseball. yogi berra the yankee legend and hall of fame catcher known as much for his personality as his play passed away last night. the yogi berra museum announced the news on twitter. berra is widely regarded as one of the best catchers in the history of the national pastime. he joined the yankees in 1946 at the age of 21. before that he served in the navy during world war ii as a gunner's mate during the d-day invasion. he'd returned from the war and go on to spend 19 seasons as a professional baseball player winning ten world series and three mvp awards along the way. ev

. >>> the prime minister of india turing the sierra nevada sierra nevada -- touring the silicon valley. why some may decide to protest. >> a coyote attack kills a small dog. now we are hearing from the pet owners and why attacks like this one are becoming too common. >> two volkswagen owners heading a class action lawsuit against volkswagen. why businesses could make or break the case. >> bay area weekend is here. temperatures on the mild side. cooler. i have your saturday and sunday keyed up. female announcer: sleep train's best rest event ends sunday. don't miss your chance to get sleep train's very best mattresses at the guaranteed lowest price. plus, pay no interest for three years on beautyrest black, stearns & foster, serta icomfort, even tempur-pedic. and rest even better with sleep train's risk-free 100-day money back guarantee. but the best rest event ends sunday at sleep train. ...guaranteed! ♪ sleep train ♪ your ticket to a better night's sleep ♪ >>> volkswagen chose a new ceo to guide the company through their scandal. they picked matthias mueller who is the head of the por

shkreli's company, turing pharmaceuticals bought the company and jacked the price up 5,000%. >> there company selling an aston martin at the price of a bicycle. we buy that company. we charge toyota prices. i don't think that should be a crime. >> reporter: it's not. the fda has no authority over drug prices. in february, valeant raised prices for two heart drugs, isuprel and nitropress, $212 and 525%. two years ago, horizon pharma raised the price of vimoco, 597%. since 2008 nongeneric prices have soared 127%. >> right now it is a free market and up to each company to decide which price is proper. >> reporter: shkreli says his company will use profits from daraprim to develop other medicines. >> there is no doubt i am a capitalist, trying to create a big, successful, profitable drug company. >> reporter: you see how greedy this moves look? >> i can see how it looks greedy, but there are altruistic properties tight. >> in what way? >> with profits we can spend the upside on patients who need a new drug in my opinion. >> reporter: both democratic contenders are proposing federal rules

turing pharmaceuticals. previously calling the information highly confidential. just some unease in the markets across the board. >>> we will be watching that. we also now know what is in donald trump's tax plan. the republican frontrunner sitting down with cnn to explain why he thinks everyone wins with his plan. next. i'm only in my 60's. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement insurance plans, it helps pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. to me, relationships matter. i've been with my doctor for 12 years. now i know i'll be able to stick with him. [ male announce

shkreli's company, turing pharmaceuticals bought the daraprim this year and immediately jacked the price up 5,000%. >> there was a company selling an aston martin at the price of a bicycle. we buy that company. we asked to charge toyota prices. i don't think that should be a crime. >> reporter: and it's not. the fda has no authority over drug prices. in february, valeant raised price for two newly purchased heart drugs, isuprel and nitropress, $212 and 525%. two years ago, horizon pharma increased the price of vimovo pain tablets, 597%. in fact, since 2008 nongeneric prices have soared 127%. >> right now it is a free market and up to each company to decide what price is proper. >> reporter: shkreli says his company will use profits from daraprim to develop other medicines. >> there is no doubt i am a capitalist, trying to create a big drug company, a successful drug company, a profitable drug company. >> reporter: you see how greedy this moves look? >> i can see how it looks greedy but i think there are a it? in what way? upside on patients who need a >> reporter: both democratic contend

when he first heard my music, the title of his review was, "glass invents new sonic tor ture.": that gave birth to my question. philip: he became interested in music. in fact, he began helping me write a book about music. a guy named robert jones. sometimes, there were -- tim page was another fellow. he was a young fellow i met who had a radio program at columbia university. one of these all-night video guys. he played my music. he became a writer about music. let's put it this way, i cultivated critics who liked me. the ones i did not like, i did not read. charlie: what is the biggest misconception about the music you compose? philip: the needle stuck in the groove? it does not repeat. it repeated, it would be unlistenable. what makes it interesting is it is changing. charlie: what makes people think it is repetitive? philip: it keeps repeating. [laughter] but it is about transformation. i do something which people were also doing in the art world. we were working. and many of us and the theater working towards a kind of nonnarrative expression. with beckett, he would take a p

afternoon high tech tures, the coolest day of the week.you like the warmer weather, we'll have that for you too. keep in mind, keep in mind we'll have the threat for some of the showers not only through the morning but through the afternoon as well. farther south the heavier rain starts to push off to the north and east. a couple more showers. 6 degrees today, 75 for tomorrow. we warm right back up for wednesday. we'll stay dry for wednesday and thursday. the chance for showers to return. >>> traveling on the orange line you'll see residual delays to new carrollton because of a train malfunction at vienna. i want to take you to the inner loop of the beltway where we have the right lane blocked at kennelworth avenue as a result of an accident. we are not seeing much in the way of delays. as we approach the 6:30 half hour it could become a problem. i'll keep a close eye on it for you. 35 no issues as you travel toward the 14th street bridge, 295 free and clear of issues as well. >>> this is i-66 here at route 7 traveling inbound making your

. >>> turing pharmaceutical raised the cost of daraprim. pill. the ceo defended the move saying the money is needed to make a better drug. the company has not said how much the price of that drug is coming down. >>> another warm up in our weather. our chief meteorologist bill martin is back with the forecast for the first few days of fall. >> an east oakland charter school hit by thieves. we'll tell you how the theft has harmed the program that helped those in need. >>> new at 10:00, thieves hit a charter school and put in jeopardy a beloved program that helps students help the community. the bike club at east bay academy lost a dozen bikes or so after the break-in. ken, this burglarly took an awful lot of effort. >> reporter: the parking lot here is typically chained off at night. the school itself is surrounded on three sides by heavy woods so it's not easy to get in here and it's not easy to get out with what was such a large hall. at east bay invasion academy the students learned math, science, they are creative. and they learn to be pr

donald trump's rivals closing the gap and turing up the heat. the stunning new poll showing hillary clinton falling further behind in a make-or-break state. >>> deadly crash. a tourist duck boat tearing a hole in the side of a bus. mangled metal on the road, four killed, dozens hospitalized. investigators on the scene. >>> abc news

switching gears, turing pharmaceuticals ceo martin shkreli is backpeddling on the decision to raise the price of the drug daraprim. he had increased the price from $13.50 to $750 per pill. this is a 5,000% increase and created a national outrage and heat the reaction from hillary clinton with her plan to rein in drug prices. when asked this morning and last night about the motives behind the reversal, this is what martin shkreli had to say. >> why was it necessary to raise the price of daraprim so drastically? >> it depends on how you define so drastically. the drug was unprofitable at the former price. any company selling it would be losing money. at this price it's a reasonable profit, not excessive at all. >> you see how greedy this move looks? >> i can see how it looks greedy, there is altruistic properties to it. i'm a capitalist, trying to create a profitable drug company, we're first and primary stakeholder. >> mr. shkreli expects to make a decision about this in two weeks. is this flat-out greed? joining me david d. and chris retsler, needham growth fund, back with us too is tam