what about on aetna's side? what is the motivation of health insurance providers in partnering and merging with drugstores? dr. gellad: yeah, and that is an excellent question. aetna tried to merge previously in it did not go through. this is a slightly different merger. but there is, there is a trend in health care of trying to integrate payers and providers. it is happening all over the place. you saw united health care doing the same thing with buying providers. ultimately, the issues that insurers have is that things are really expensive. they're trying to make money and anything they can do to lower the price of services that they have to pay for, they will make more money. one of the best ways to lower the price is to really be able to do things in a setting that is less expensive. and so, you can imagine a lot of things that currently happen, in a hospital or the doctor's office that can be less expensive done in other settings. this arrangement really will facilitate that. aetna could make deals with cvs

aetna down 1%. this morning on "squawk box" the ceos of both companies discussed low the deal could reshape the health care industry. >> i would expect within the next couple years you'll see a dramatic change in terms of the store being not just about products, but also service offerings that can help people on their path to better health really work as a complement to the medical community, the physicians in terms of ensuring that those consumers are following the care plans that their physicians are laid out for them >> let's get more on how the deal could impact large employers and consumers. bertha coombs has some of those details. bertha >> kelly, $69 billion is a record price for a health care deal aetna and cvs are proposing a very ambitious model they want to leverage 9,700 cvs stores to be health centers where consumers not only get prescriptions but health coaching for things like diabetes, basic primary cares in clinics and on the call today, cvs' ceo said he foresees addin things like c

cvs buys aetna and lays out an ambitious agenda that could reshape the entire health care industry. >> place your bets. the supreme court hears a landmark case that could open up more of the country to sports betting, potentially generating billions. those stories tonight on "nightly business >>> good evening, ever welcome. aisle tyler mathisen. sue her area has the evening off. best way to describe today's move, moody. the euphoria that saw the blue chip index soar more than 300 points following the weekend's passage of the senate bill, that euphoria was mostly gone by the closing bell. there's a sense investors are to figure out which sectors will benit whi won't from the tax reform. that could be why the tech-heavy e dow jones industrial aver was up 58 points. nasdaq was off 72, more than 1%, and the s&p 500 up for much of the day, was down almost three. despite today's mixed finish, the market rally this year has really been impressive. what s investors do now? mike san tolli takes a look. >> reporter: i and that moment market when investors are asking to lock in gains or let them

what about on aetna's side?hat is the motivation of health insurance providers in partnering and merging with drugstores? dr. gellad: yeah, and that is an excellent question. aetna tried to merge previously in it did not go through. this is a slightly different merger. but there is, there is a trend in health care of trying to integrate payers and providers. it is happening all over the place. you saw united health care doing the same thing with buying providers. ultimately, the issues that insurers have is that things are really expensive. they're trying to make money and anything they can do to lower the price of services that they have to pay for, they will make more money. one of the best ways to lower the price is to really be able to do things in a setting that is less expensive. and so, you can imagine a lot of things that currently happen, in a hospital or the doctor's office that can be less expensive done in other settings. this arrangement really will facilitate that. aetna could make deals with cvs,

used to be aetna now we're united health.your operation but not the other half, what happens >> it's okay that you matd a dea mistake earlier. >> i think there's a great opportunity that when you combine the two together, there's a synergy that can be created. you know, when you this i about the information, the analytics capabilities of and combine tha with convenience and face-to-face interaks of cvs, that's, again, another way to bring to life everything that we've been talking about this morning. >> when you wake up and, oh, god, united health care or -- do you ever wake up and think these guys are going to eat our lunch? who do you worry about who is a real formidable competitor for you >> we have tremendous respect for all of our competitors mark said it best. when you talk about how do we focus on what we can do? how do we find that white sparks unmet need, and how does that become our it work for fill that void, and, know, the customer doesn't -- if we listen p to our customers carefully, we can hear their frustration

cvs can be a distribution mechanism aetna doesn't have.ou'd think regulators ought to be fine with it. i think we can probably say easily 90% likelihood or higher this will be approved. things are different under the trump administration. >> rick newman, we'll leave it there. thank you very much for joining us to talk us through it. you should stick around. we're coming right back with today's big picture. we're playing hide and seek with kids battling cancer at st. jude children's research hospital. shhhhh... sorry... at st. jude, no family ever pays for treatment, travel, housing or food... because all a family should worry about is helping their child live. you think they'll find us? not a chance. ooops. give thanks for the healthy kids in your life. donate now at stjude.org or shop where you see the st. jude logo. >>> for today's big picture, a moon shot on the show. hope you saw it in person overnight. the super moon. check it out. this is over buffalo, new york. this happens when the moon is its closest to earth as it orbits. that's

cvs is proposing buying aetna for $205 a share $145 of that in cash 67 in stock. already secured guarantees of financing from their bankers. they expect that the deal would close in 2018, most likely in the first half, they believe they don't expect that there will be a huge regulatory burden the only area in which they have overlap is in the medicare part d. cvs has a couple of medicare part d offerings in terms of insurance, but for cvs, again, it means getting out of being a middleman and being able to offer a lot of different solutions that puts together a lot of very interesting parts. if you look at their 2017 estimated revenues the company would have 240 billion making them the giant in the health care space 22 million in terms of insurance. 90 million under pharmacy benefits but then you add in those pharmacies 9700 pharmacies and in there as well they would have clinics that's the part that cvs and aetna want to leverage together to try to get people to a place where they can get cheaper care. and that's one of the ways that they think that they'll be abl

cbs reaching an agreement to acquire aetna. of the supreme court takes up the band on court betting. back in a moment right here. [music] retail. under pressure like never before. and it's connected technology that's moving companies forward fast. e-commerce. real time inventory. virtual changing rooms. that's why retailers rely on comcast business to deliver consistent network speed across multiple locations. every corporate office, warehouse and store near or far covered. leaving every competitor, threat and challenge outmaneuvered. comcast business outmaneuver. welcome back to big stories of the morning. the tax bill and the news of the cbs official making reaching an agreement to acquire aetna. marion one of the groups that you like. it's been talking about healthcare. it is going to favor healthcare of a longer timeç and seen mergers especially big ones like aetna and cbs are just a sign of how they are trying to position for long-term growth. even after $6 trillion in wealth creation. i think people are totally underesti

aetna for $67.5e billion.om by back and the villains -- dividends to bigger m&a activity? david: we were just talking about it, how some of that will happen, because the level has been so low. but how much of it depends on what opportunity that company sees. wesee that opportunity, when are a 70% service sector u.s. economy, and the structure we are in now is questionable. we get some. not a lot. jonathan: some will look at that deal and say that is defensive, potentially fending off amazon. will this be defensive or offensive m&a? -- u.s. m&na is down is down year-over-year. he was corporate's are sitting on a lot of cash. i definitely think we will see a pick up here. i think we will see some things on the capex prime. a little boko a long way, given that u.s. cap axis the most oppressed in the world. but most of it goes to buybacks. jonathan: cash levels are high did it makes you wonder where a drop in the corporate tax rate will make a difference in this narrative. will a change the story? 20, 21i do not t

cvs announcing it will buy aetna.est deal, one that will reshape the industry as we know it. >> coming up, the billionaire behind calls for trump's impeachment. tom steyer joins us to talk tax reform and the state of washington politics. >> big morning for macro as well rick >> well, thank you, carl we have some october data for factory orders we were expecting the october to be down .4 it's down .1 but we did get a nice revision last month's 1.4 now stands at 1.7. if we take out transportation, the number dramatically improves, which is a good thing. up.8, and a 0.4 positive revision last month. let's get to the biggy, shall we durable goods orders, final october. we take the early october and toss it. this number is down 0.8. the last number we had, the mid-month, was down 0.5. it gets worse, and it's only the second final minus number of the year in this category. excuse me, i take that back. i'm looking at nondefense aircraft down 0.8 capital goods orders, this is a number i was referring to, and it was down 0.5,

cvs will buy aetna. aetna is one of the nation's largest health insurers.9 billion deal is approved, it will help both companies. cvs gains a huge number of members for the prescription business just as it faces a possible new threat from amazon, that's right, amazon in prescriptions. for aetna, it creates new growth. that's been critical to offset the huge losses under obamacare. the deal is also a response to soaring health care costs customers want cheaper access to care. cvs and aetna say joining force was help on. that they plan to transform cvs' 10,000 locations into community health centers promising lower cost medical care and a place to purchase coverage. that is if the deal is approved, especially after the justice department sued to block another so-called vertical merger. at&t's purchase of time warner, the parent kplp company of cnn, are not direct competitors. >>> the open rashgs the met, suspending famed music director james lavine pending an internal investigation into allegations of sexual misconduct. "the new york times" reporting three me

cvs agreeing to buy aetna for $69 billion. means for the first time ever, one company will own and control an insurance provider, a retail pharmacy chain and a pharmacy benefit manager, which negotiates the price and discounts for your prescription drugs. >> it's really the perfect time to bring these two companies together to create a new healthcare platform that can be easier to use and less expensive for consumers. >> reporter: the combined company will operate nearly 10,000 cvs pharmacies and clinics like this one. cvs plans to turn them into one-stop shopping for patients. you'll find more primary care services from aetna's network, wellness centers, and your pharmacy all in one place. cvs will continue to serve customers with other insurance, too. it sounds convenient, but will it save you money? >> maybe they get some more negotiating leverage and they can try to drive some healthcare costs down. >> reporter: experts also say this mega merger will mean less competition overall which limits choice for consumers. the deal

regulators killed a proposed merger between aetna and another insurer just earlier this year.porting live in manti yok, george spencer, nbc news. >> here's something else to consider. the pharmacy business could be getting more crowded in the midst of all of this. amazon has had discussions with j nar ri generic drugmakers about getting into the pharmacy business. it's unclear if they will sell as a cretailer but there are doubts because of regulatory issues. >>> clouds move in to center city and the rain is not far behind. this is a look at broad street. we're tracking the return of rain for your tuesday. first alert radar showing that rain coming in. tammie souza is tracking the timing. >> once it gets here, is it going to stick around for a while? >> i think we'll have a soggy tuesday but are you guys ready for some snow? >> sure. >> not a lot. >> well, i love it. i love it. you're in the spirit of the season. i hope all of you at home are ready for it because the first flakes could be nying flying by end of the week. right now, everything is quiet as far as precipitation,

aetna medicare advantage plans are built to help you enjoy life your way.arly isn't what it used to be. >>> don's here with what we unfortunately are aware of. >> yes. >> news flash. >> it was just soggy don't remember the last time they have done it. i do, in 2004 but no losing at all? that is same period of time. >> it is still fun. >> yes, it is. >> that is good. >> it can be good again. >> we forgot what this feeling was like. the sky is merky, your coffee is luke warm and the commute is, extra long. losing stinks. but let's have perspective. second place eagles still have a chance to win home field advantage and win it all. last night seahawks quarterback russell wilson dove into the mvp conversation with an epic performance. the bird trailed 10 to nothing after touchdown toss to jimmy graham. in the third, wilson again he threw three scores and eagles top ranked owe even if only scored 10 points. they lose, by 14, and don't let the loss, ruin your m o.j. o. >> we will find this is, all mature, we will all tend to, you know, we will respond just fine.

cvs agreed to buy aetna.hat isading well below analyst are asking questions about antitrust approval. particularly after the justice department sued to block at&t's purchase of time warner. orther instant implication more of what this is a reflection of is working broadly and health care. take a look of the bloomberg, this is something that has been a topic of discussion on the live blog this morning. what will be the effect of not just this deal, but what we are seeing more broadly and health care on inflation. mean some of the effect on inflation are not in the transitory as the fed has been talking about? this is medical spending as a pretend -- percentage of personal consumption expenditures. as you can see, it has been going more sideways over the past seven years or so and even has started to trend a little bit lower over the past couple of months. if indeed amazon is entering the industry, that could be a trend that is here to stay. finally, in the leadership position, pretty clearly once again the fin

cvs has a deal to buy aetna for $69 billion. for year's cvs has been rk for healthcare. by joining forces with aetna, cvs envisions of becoming a community-based medical center for clinical, pharmacy, as well as vision, hearing, nutrition, beauty and selling medical equipment. >> if you are an aetna customer you can access the healthcare system through a cvs, which we live around the corner. >> proposed merger comes as the company faces new competitors, including amazon. they are slowly getting in the healthcare business. this mergerrer has to be approved by antitrust regulators who put the brakes on another healthcare mergerrer. >>> kids can send messages on a facebook app. the app kids. it allows users under the age of 13 to send texts, videos and photos. kids required to have their parent's approval to sign up for the app. parents have the power to approve who their child is contacting through the app. >> i just say no. that's wusa 9 at 5:00. the news at 5:30 starts now. >>> it is a serious note for us now. important information in resources after two suicides in mont

'sat is a 29% premium to aetna share price. named simon thompson as chairman, reinforcing an investor drive for higher returns and caution over project spending. the current chairman is stepping down. 800 new is to either staff in london, expanding its u.k. headquarters, even as a comes under scrutiny from the countries lawmakers. the jobs, predominantly engineering roles, will bring the number of staff working for the company in the u.k. to 2300. that is your bloomberg business flash. anna: thank you very much. is in china,u attempting to boost canadian , as aties and open a door standoff festers with japan. manus: he is expected to launch talks for a free-trade agreement. david tweed is in hong kong for us. this is his second trip to china. why is it so controversial? is it because the axis of traders usually with the japanese? -- of trade is usually with the japanese? david: he is expected to open free-trade agreement talks and we say expected because we don't know that is what he is planning to do. is closely area that watc

they scuddled the rival humana cvs and aetna have little overlap.from opioid abuse the crisis has gotten attention. but a new report finds cocaine use remains a consistent problem. government researchers say cocaine-related deaths increased in past five years. the report found cocaine was the largest contributor to the overdoses among the black men and women since 2000. larry: ahead at 6:00, president trump's newest battle with the f.b.i. growing after michael flynn's guilty plea. plus caught on video. a wild police chase that we have never seen. a man who drove through a car window to keep it running and how it ended. the special delivery. a paramedic spent his birthday delivering a baby in the same unusual spot he was born. alison: sports betting could soon be legal in states that want it. new jersey is challenging a federal law that bans state team sports. they are suggesting it may side with new jersey. 30 other states want to get in the sports gambling game, too. many sports leagues are against legalized gambling. >> many parents are against th

you'll find more primary care services for aetna's network all in one place.t will continue to serve customers with other insurance, too. it will sounds convenient but will it save you money? >> maybe they get negotiating leverage and try to drive some health care costs down. >> reporter: experts say this megamerger will mean less competition overall which limits choice for consumers. the deal comes as amazon prepares to enter the prescription drug market. the e-commerce giant has already received approval for wholesale pharmacy licenses in 15 states. potentially disrupting how you get your drugs and driving prices lower. a major shift in how your health care is delivered that could affect the price you pay. jo ling kent nbc news los angeles. >> still ahead as meghan markle setting off a trend for plastic surgeons and a story behind this university of alabama student. you're watching "early today." psoriasis does that. it was tough getting out there on stage. i wanted to be clear. i wanted it to last. so i kept on fighting. i found something that worked. and k

you'll find more primary care services from aetna's care network. wellness centers and your pharmacy all in one place. cvs will continue to serve customers with other insurance, too. it sounds convenient, but will it save you money? >> maybe they get more negotiating leverage and they can try to drive some healthcare costs down. >> reporter: experts also say this mega competition overall, which limits choice for consumers. the deal comes as amazon prepares to enter the prescription drug market. the e-commerce giant has already received approval for wholesale pharmacy licenses in 15 states, potentially disrupting how you get your drugs and driving prices lower. a major shift in how your healthcare is delivered that could affect the price you pay. jo ling kent, nbc news, los angeles. >>> now to the fight over your taxes in congress. with the gop-controlled house and senate having passed their sweeping tax plans, republicans are now racing to merge those two tax plans together and send the bill to president trump to sign before the end of the year. our

on the other hand though there's going to be more of this grouping up outside of aetna.ited healthcare with optum rx, we see amazon looking to get in the back door of pharmacies. >> liz: amazon is talking medical devices who knows if they get into drugs. >> i think this will bring down prices and give people more choices. >> liz: here is the thing we're also talking pop-up clinics and seeing urban areas here in new york city these are walk in clinics to get a quick x-ray. i call this fast food healthcare right? so the pop-up clinics would have a nurse practitioner and even a doctor and get prescriptions filled pretty rapidly i mean cvs has 10,000 locations. >> 10,000 locations so liz this is where i put up my word of caution. my caution flag is going up because i'll say this. go there to get your fast food healthcare to get your strep test to get your z-pack but don't go there to get your long term treatment for high blood pressure or heart disease or cancer or anything like this. whatever you do there in the fast food place make sure it's connected to your regular docto

have a lot to talk with her about, as a matter of fact and look forward to that a new report says aetna's ceo could make big money if this cvs deal closes we'll tell you how much. trying to count it up coming up first as you know, president trump made this major announcement on israel today which could destabilize the middle east this coming just a day after carlisle's david rubenstein told cnbc the only thing that the market needs to worry about is an unexpected geopolitical event. >> the only thing we have to worry about in 2018 or 2019 some unanticipated geopolitical event, the black swan. but right now short of those kind of things i think the economy is reasonably good shape and probably going to be spurred on by the taxbill. >> let's get to cnbc's eamon javers for a recap of eat vents. >> the president decided today to recognize that the capital of israel is in jerusalem breaking with long-standing u.s. policy the president cast this as simply acknowledging the reality on the ground in jerusalem and said that he was fulfilling a campaign promise here's what he said earlier today. >>

what cvs buying aetna could mean for how much you pay for prescription drugs.

. >>> when we return, the amazon health care threat and how successful aetna/cvs might spell trouble jeff bezos and company. >>> and we'll talk to the ceo of groupon. later on, walter isaacson weighs in on tax reform and a new messenger app from facebook designed specifically for kids when "squawk alley" comes back >>> cvs agreeing to buy aetna for close to $70 billion in a move some say is designed to better compete with the likes of amazon if and when they decide to jump into this space. both ceos appearing on "squawk box" earlier to talk about the tie-up here's cvs's health ceo larry merlo on the value to potential customers. >> we have a tremendous opportunity to create value for consumers and payers, and, you know, when we talk about payers, that does include the federal government so we'll look forward to sitting down with the regulators, talking about how this comes to life in a meaningful way to see the benefits the consumers and payers can see from this transaction. >> for more on the impact this deal is likely to have on amazon, as well as the health care industry, we're jo

david: one of the things we are excited about is the cbs aetna -- cvs aetna merger.nt bank. we're going to talk to him about that and we will talk about the tax overhaul and what it's going to mean for his business and m&a. the tax that striving markets higher. thank you, david westin with daybreak america's coming up shortly. brexit andday for theresa may. she will have lunch with european commission president jean-claude euchre -- jean-claude euchre -- john claude juncker. let's get straight to nejra in brussels. they still haven't agreed on the irish border on -- or eu nationals. >> that's right. we did see the pound actually rise when that headline broke. barney's office actually declined to comment on that. heard that today it is seen more of a staging post from the eu summit. with the aim of moving the talks on to trade at the summit on december 14. big questions over whether that is actually going to happen. there are still challenges particularly the irish border and the european court of justice and the rights of eu citizens. that actually came up as more of

buying aetna in deal valued at $69 billion . . .mazon.com. cvs health is buying aetna for $69 billion in cash and stock in a long-expected deal that reflects a rapidly shifting health care landscape. aetna stockholders are to receive around $207 a share - $145 in cash and $62 in stock - and winner: cvs buying aetna in deal valued at $69 billion . . . in a move to fight off future amazon.com. cvs health is buying aetna for $69 billion in cash and stock in a long-expected deal that reflects a rapidly shifting health care landscape. aetna stockholders are to receive around $207 a share - $145 in cash and $62 in stock - and will own about 22% of the combined company. cvs shareholders will own the remainder. including the assumption of aetna's debt, the total value of the transaction climbs to $77 billion. the deal could result in lower costs to both cvs and aetna, though it's unclear how much of those savings consumers will receive.if cvs- aetna is approved, the union could ignite additional mergers in health care. amazon is poised to e

more clinics in stores offering services paid for by aetna. in a corporate video, touted benefits. >> we'll be the local front door to health care, integrating more closely the work of doctors, pharmacists, other health care professionals and insurers to help consumers navigate a complex health care system. >> reporter: also a business benefit, fend off competition from amazon, rumored to be entering the pharmacy business. pairing of nearly 10,000 stores by cvs and 22 million people covered by aetna, health care behemoth. antitrust regulators need to sign off. scuttled previous purpose but direct competitor. >>> first american woman to give birth after uterus transplant. baylor in dallas delivered boy by c-section last month. same hospital where the transplant was performed. suffered by absolute uterine factor intefertility. woman and baby said to be in perfect health. >> very special to look in the eyes of mother. she was told as teenager she would never experience this moment and you see this happening and you think everything has a meaning.

what is aetna's response been?> well, aetna so far maintained that they are denying her for this-of the laser surgery in her denial letter to cara, they called it, quote, experimental and it was that term, experimental, that has really upset the medical community because it is an approved surgery. there have been thousands of patients that have been treated with it. and as one neurosurgeon told me, we don't do fishing expeditions in the brain. and the epilepsy foundation came back pretty forcibly, basically saying aetna should approve the surgery because it's a -- it as more trauma to the families involved here. >> well, hopefully between you and the power of cnn.com and your writing and cara's story, someone will help. please keep us posted on cara and her family. because i know the very end of your piece, their parents were talking about draining their retirement to have this done for her. wayne, thank you so much for sharing her story. keep us posted. >> thank you. >> thank you. >>> well, how about this one? 12

and it is covered if i buy aetna insurance.e the place of your primary care doctor. get a sugar check for diabetes but i don't want diabetes manage there appear to want the urgent care part done but i don't want cut out entirely. trade your doctors overwhelmed because of the medical insurance system we've got now? >> huge problem. high deductibles, high premium. busy documenting all day long. this will allow the gap to be filled. by the way, you know how many times some insurance doesn't cover a vaccine with medicare covering vaccine. already going to pharmacies to get these vaccines. this will bring down the cost. this will decrease the overall cost of health care. other companies come in and do this. you already have some examples of that. united health care, cleveland clinic together with oscar help from your favorite amazon is coming in the back door. this is happening because they plan to take over pharmacies. this will compete with amazon your favorite company. stuart: you like it. >> i'm impressed with how well it does.

. >>> cvs has announced it's buying the health insurer aetna for $69 billion. if approved the deal could reshape the health care industry. cvs operates nearly 11,000 drugstores and walk-in clinics and aetna covers 22 million people. combining the two would create a company that would offer most of the basic health services regularly used by americans. it would be a serious challenger to amazon which is reportedly preparing to enter the pharmacy business. >>> and the metropolitan opera here in new york has now suspended world famer conductor james wle convenient as it investiga investigates allegations of sexual misconduct. three teenagers are involved from the 1960s. >>> apparently prompting many mp a survey finds that the number of companies serving alcohol at their holiday party is expected to drop from 62% last year to 49% this year. some companies actually say they'll start enforcing a two-drink limit but 11% are actually skipping the parties altogether this year to try to prevent bad behavior. >> wow. >>> coming up, the new warning about the flu and where

talk about a megamerger, pharma giant cvs is vying to buy aetna. this has the potential to reshape the nation's health care industry. consumer reporter susan hogan breaking this down for you what it means for you. susan? >> wendy, let's look at what it means in terms of locations first. cvs runs nearly 10,000 pharmacies and 1100 walk-in clinics. aetna is their insurer that covers 22 million people: by combining those forces you're going to see cfs using its locations for pharmacy, clinical locations they'll still sell traditional household goods. cvs and aetna may become more involved in managing your care especially those of you with expensive chronic conditions like diabetes. this megacompany may also gain more negotiating leverage over prescription drug prices. pharmacy benefits, you may see more clinics popping up inside cvs stores, and an expansion of services these clinics offer more like that one-stop shopping for health care. cheaper copayments, this acquisition, according to analysts, also fort identifies aetna's insurance business by crea

aetna has m medical subscribers.s say this deal will make health care easier and more economical for you. nbc's jo ling kent is working for you with a look at the potential impact. so, will it benefit consumers? >> reporter: well, these companies say yes, and a lot of analysts out there who watch the health care industry so closely say the consumers do stand to benefit potentially. and here's why. this is a first-ever deal that combines a pharmacy benefit manager which negotiates those drug prices with an actual retail pharmacy chain plus an actual health insurer. so, what the companies say is they'll increase their efficiency there and be able to negotiate better drug prices for you, which means you could potentially save some money when you go and fill your prescription at your local cvs pharmacy. however, there are some down sides to this. there are a bit less choice in the market, of course, when you see a big merger or so, there are certainly two sides of this, but cvs is remaining firm. their ceo says they want

aetna medicare advantage plans are built to help you enjoy life your way.der clearly isn't what it used to be. mii'm alive and have a second chance. james: i'm thankful for the help and the opportunity that i received. darlene: i'm thankful to be able to help people in crisis. vanessa: i'm thankful that addiction is treatable, and that help is available. christie: new jersey is experiencing a heroin epidemic fueled by opioid painkillers. but if you or someone you love is struggling with addiction, i want you to know: we are here for you. this holiday season, choose help. call 844 reach nj or visit reachnj.gov. >> prince harry and meghan markle made their first official appearance today since announcing their engagement. the couple marked world aids day with charity events. they greeted hundreds of fans who waited in the bitter cold to get a glimpse of the couple. the pair visited an hiv charity which was a cause near to princess diana's heart. both harry and meghan have talked about their finding meaningful philanthropic work as a couple. >> jaime apody to

shake up the health care industry with cvs poised to provide a broad range of health services to aetna'smillion medical members and its pharmacy -- at its pharmacies and walk-in clinics. leaving the competition scrambling. >> still ahead, a christmas list for a prince made by a prince. snl makes their own anthem in light of sexual harassment allegations, welcome to hell. we're share next. he came to st. jude children's research hospital where we developed a new treatment that reduces chemotherapy. and because we freely share our discoveries, we're giving kids like nolan everywhere a chance to beat cancer... and live healthy adult lives. story, done. story, just beginning. give thanks for the healthy kids in your life. visit stjude.org or shop where you see the st. jude logo. you're so cold, come in! what's wrong? it's dry... your scalp? mine gets dry in the winter too. try head and shoulders' dry scalp care it nourishes the scalp and... ...keeps you up to 100% flake free head and shoulders' dry scalp care but he hasoke up wwork to do.in. so he took aleve. if he'd taken tylenol, he'd be s

it's a mega merger that will shake up healthcare.and c-v-s' $69 billion deal to buy aetna may end upenefitting consumers.it's what economists call a vertical merger, in this case a supplier and a customer getting together. the new york times outlined the possible ways it may benefit consumers --aetna for example could leverage c-v-s' pharmacies and clinics to help patients stick to their medications.down the road, that might even lead to better care and lower premiums.and other reports speculate that the combined company could try to attract new customers to aetna's health plans or c-v-s stores by offering discounted prescription drugs.another possible benefit -- existing aetna get their prescription drugs through c-v-s caremark, the chain's pharmacy benefits manager.and that could put pressure on rival insurers to lower drug costs.and linking c-v-s and aetna may also give the combined company leverage when it needs to negotiate prices with the drugmakers. don't forget c-v-s walk-in clinics.aetna members could have access to those, making it easier to preventive care. (catherine) in

cvs is said to be buying aetna for $64 billion. that is in today's deals report. will bitcoin be the next big short? by some investors are saying the crypto currency will be the next great short opportunity. more details this hour. julie hyman is with us. we are halfway through the trading day, and it's been a little choppy. julie: this has been a flashback to what we were seeing last week where we are seeing a diversions between technology in the form of the nasdaq going lower as the dow gains on nearly on1%. it appears we are seeing rotation into things like financials out of things like technology, as we see some optimism surrounding the tax plan, but it is not universal. if you look at the nasdaq, the largest cap tech companies are being affected more. that is outpacing the declines in the broader nasdaq composite. a couple examples of stocks we are seeing being traded lower. and square. this appears to be a combination of factors. we've learned that a company paypal acquired was the victim of a cyber security breach that affected as many as 1.6 million accoun

and aetna is moving medicare advantage plans forward right along with her.ly plan premiums. and a limit on out-of pocket medical costs you pay each year. call aetna today and we'll send you a $10 reward card with no obligation to enroll. because getting older clearly isn't what it used to be. >>> robots were on the agenda today at mcclur elementary school. students were designing and building robots out of legos for a tug-of-war contest and they were learning the basics of coding. it was all part of the school's observance of computer science education weeks. >>> verizon workers paid a visit to a bucks county middle school today not to talk about communication. they went there to armstrong middle school to show off the science behind these modern devices. 11 verizon volunteers helped out with design challenges in the classroom and talked about careers in science and technology by sharing their engineering experiences they hope to inspire these youngsters to pursue the skills as well. >> workers at a major investment firm got to play santa claus today. van gu

cbs wants to buy -- cvs wants to buy aetna.is is the biggest deal announced so far this year. i do not in before the end of the year. basically the latest most erratic sign of how the lines between traditional segments and health care are blurring. the idea here is to create one-stop shopping for consumers would pay prescription medications. post merger this company would have a retail pharmacy and a company that can negotiate prescription drug traces. really important with drugmakers. cvs is going to own almost every step along this prescription process with only one exception and that is making drugs. cvs would not manufacture drugs, but everything else is what they wanted to hear. most analysts had been speaking with see this as a preemptive strike against amazon. this is amazon of course as we continue down slightly. basically known to step into new businesses and crushed the competition. noting in this context is amazon applied for and approved for wholesale pharmacy licenses in the east 12 states. that means you can order

cvs health, aetna. that is the $69 billion. cv is down 4 1/2%.ast but not least, disney number one performer on thedown average today. see it up 5%age points. pixar movie "coco," the news they started their talks again, interesting once again in parts of twenty-first-century-fox. we'll give you that as thatç develops. back to you. connell: our parent company, nicole. your point, clock ticking as house and senate work to get on same page with their tax plans. in order to give americans this big tax cut, that we've heard so much about. adam shapiro now, as we move into conference committee, where do things stand, adam? >> 6:30 tonight we'll have a vote in the house to go to conference committee. then sometime later this week the senate will vote to conference committee. we'll find out who the house is sending, the senate is sending to hash out the details of the final tax reform bill. so they can do it all over and vote ben. expect that roughly around week of december 18th. that is where we stand on the conference committee. here we have to hash o

cbs is buying aetna. the invoices that i can envision it being a community- based center. services will include vision, hearing, and medical equipment >> they have 10,000 broke and mortar locations. if you're in aetna customer, you can access the system through cvs. >> it is not a done deal yet. it will have to be approved by regulators who been skeptical of similar mergers. >>> let's get a check on the forecast. >> we're talking about some major things going on today. we have coastal flooding, wind advisories, and cool conditions. here's what you can expect we do have those king tides in effect for today and tomorrow. that is ending tomorrow afternoon. cool and windy today and tomorrow as well. where staying sunny all week long. at least there is that. the sunshine will help warm us up in the afternoon. at night, it will be cool. here's the live camera. you can see it bouncing a lot. there seeing sustained winds there are around 20 miles an hour. let's talk about the temperatures right now. upper 50s for livermore and san francisco. santa rosa at 65 degrees. the afternoon

and aetna is moving medicare advantage plans forward right along with her. we offer $0 monthly plan premiums. and a limit on out-of pocket medical costs you pay each year. call aetna today and we'll send you a $10 reward card with no obligation to enroll. because getting older clearly isn't what it used to be. latest on the developing story out of radnor township, delaware county. chopper 6 hd was over the scene of a crash on king of prussia road a short time ago. appears the large box truck went under the amtrak bridge, but couldn't clear it, couldn't fit. the top of the truck was ripped off. police remain on the scene investigating we'll keep you up dated on this crash in radnor township. >>> city

aetna medicare advantage plans are built to help you enjoy life your way.se getting older clearly isn't what it used to be. >>> a bake shore is a devout christian hoist a, same sex wedding cake, supreme court heard arguments in the battle between religious freedom and anti discrimination. >>> so-called wedding cake, is , and, charlie craig, had a celebration after they were married in massachusetts in 2012. and, refused, their business and filed a discrimination claim, and, phillips appealed, and now the supreme court is hearing arguments. >> he asked us hot cake was for, and when we said it was for us, he said that he would not make a cake for a same sex wedding. >> i do respectfully apologize that i could not create this cake. i will sell you anything in my shop but this is just, something i cannot create a cake for. >> court is expect to decide on the case, by late june. >>> the longest serving lawmakers on capitol hill is calling it a career. michigan congressman jon conyors is stepping down amid allegations of second you'll misconduct. jon conyors call

aetna announcing a major policy change that could save lives. explain what it is and whether you qualify, good morning. >> reporter: this is a step forward to fight this opioid crisis and aetna will waive the -- and nasal spray that reverses the effects of an opioid overdose, 4.6 million insured commercial members would receive that and aetna says it will the supply of opioids 7 days after they have been prescribed those drugs after surgery. heather: let's move on to jetblue, their free flight promotion, sounded like a good idea, have gone wrong. >> they came up with the idea to create a board game called get packing, selling it on amazon for $19.99 and inside the game would be a free airline ticket, sounds amazing, it was supposed to go on sale yesterday, when people went to buy it wasn't there, turns out there were only 200 addition to this game and it sold out within seconds according to jetblue. people were upset, they were taken to social media saying it was a scam and this prompted jetblue to say we will take a look at this and relaunch th

aetna medicare advantage plans are built to help you enjoy life your way. because getting older clearly isn't what it used to be. >>> ground breaking new research that is linking even low dose birth control pills to breast cancer. that is shook could impact 16 million women in the u.s. >> health reporter stephanie stahl is here with what local doctors are saying. >> reporter: lots of reaction. first of all no need to panic. doctors say, perspective is important. harmoneal birth control is still considered an important, safe option for many women. the increased risk for breast cancer is considered very small, but meaningful. the new research found women who took hormonal contraceptiveses including pills, patches and implantable devices had 20 percent increased risk of breast cancer that translates into one more case of breast cancer a year for every 7700 women. >> i was actually astonished to hear this. >> reporter: doctor jennifer simmons chief of breast surgery at einstein medical women's center says this is first significant research that shows even with

years cbs working to become a one stop help for healthcare, by joining forces with insurance giant, aetna, c bs says they envision their locations becoming something of a community based medical center, that includes space for wellness, clinical and pharmacy services, as well as vision, hearing, nutrition, beauty, and medical equipment. the company like cvs has 10,000 brick and mortar locations. if you're an aetna customer you can access through a cvs which a lot of is around the corner. >> proposed mega merger comes as the company face new competitors including amazon, which after expanding beyond basic retail products and groceries started inch. into the healthcare business. >> companies like cvs sit up, take notice. >> still the merger needs to be approved by anti-trust regulators who recently put the brakes on at&t 85 billion-dollar purchase of time warner as well as another healthcare merger, between anthem and cigna corporation. >> i think one of the questions is when these two firms come together, they might do a better job lowering drug prices, but do they end up passing those dru

and aetna is moving medicare advantage plans forward right along with her. we offer $0 monthly plan premiums. and a limit on out-of pocket medical costs you pay each year. call aetna today and we'll send you a $10 reward card with no obligation to enroll. because getting older clearly isn't what it used to be. >>> there is a new place to shop and eat and call home in delaware. shoppers cult the ribbon along east 7th street this morning. the new apartment building has 18 units and 45,000 square feet of retail place and restored the queen victoria facade that dates back to 1895. >>> and in grays ferry they completed training at the penn vet working dog center. the k-9s from te marsh county. >>> a look at a mild forecast for you. karen rogers is here. >> you like it. a nice gift it won't come again for a while. enjoy it today, take a look at stormtracker 6 live double scan we are dry in the area. so looking good. the rain is to the west and some spots getting drizzle in malvern and pottstown and quakertown and rick is out there getting nice out there. 54 in all