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Aug 7, 2023
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app for that bertha coombs is looking at tech to help doctors in the office. k when you go to the doctor's appointment and you see them spending a lot of time typing into the electronic health record most finish up the notes later at home in what is commonly known as pajama time microsoft's unit has an a.i. app helping to put pajama time to bed. dr. johnson starts patient visits by pulling out her phone. >> it listens in on the visit to pay more attention to you. are you comfortable? >> reporter: use this app has freed her from typing when seeing patients. the a.i. program writes the summary for her which freed her from >> pajama time which should be the time you are getting ready to wind down for bed we are charting and noting and doing things to enhance the life of the patient, but not our quality of life. >> reporter: at the baptist health, a.i. programs help doctors and nurses fight burnout. >> the economy of scale and economies of healthcare leveraging a.i you eliminate all of the administrative overhead and allow people to work >> reporter: a.i. to reduce
app for that bertha coombs is looking at tech to help doctors in the office. k when you go to the doctor's appointment and you see them spending a lot of time typing into the electronic health record most finish up the notes later at home in what is commonly known as pajama time microsoft's unit has an a.i. app helping to put pajama time to bed. dr. johnson starts patient visits by pulling out her phone. >> it listens in on the visit to pay more attention to you. are you comfortable?...
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Aug 16, 2023
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. >>> let's get the headlines with bertha coombs. >>> mike pence is speaking out for the first time onormer president trump's georgia indictment the former vice president and current presidential candidate told the national conference of state legislatures that no one is above the law and that there was no election fraud in georgia. >>> the tuohy family of "blind side" movie fame is calling former nfl star michael oher's claims that they enriched themselves at his expense, quote, outlandish and part of, quote, a shakedown the family is claiming oher threatened to plant a negative story about them nunless they paid him $15 million he filed a petition in court monday asking a judge to terminate a conservatorship initiated by the tuohys. >>> and apple has moved the end call button back to the middle of the screen in its latest ios update it reverses a change the company had considered earlier this summer apple had been looking to move the button to the lower right-hand corner, but when they move that button, i still can't work it out right when it comes up as a little pop-up at the top of
. >>> let's get the headlines with bertha coombs. >>> mike pence is speaking out for the first time onormer president trump's georgia indictment the former vice president and current presidential candidate told the national conference of state legislatures that no one is above the law and that there was no election fraud in georgia. >>> the tuohy family of "blind side" movie fame is calling former nfl star michael oher's claims that they enriched themselves...
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Aug 22, 2023
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bertha coombs, thank you very much. >>> ahead on "power lunch," home groan.ates continue to climb. people prepare to stay in their current homes for longer, some improvement names are holding strong. namely masonite. we'll talk to the ceo when we return. i may be known for my legendary football career, but truth is, i love a bunch of sports. the only trouble is knowing where to find them. that's why i got xfinity. so, i can easily find and watch whatever sport i'm into all in one place without missing a thing. even if it's football, australian football, or football football. in a word—it's fitz-credible. i got to trademark that one. this season, eligible xfinity rewards members can get up to $100 off nfl sunday ticket from youtube. sign up for xfinity rewards now. >>> welcome back, everybody. the 10 year yield still sitting at those 16 year highs. let's get out to rick santelli in chicago. hey, rick. >> hi, tyler. today there's a bit of change of the guard on the treasury complex. 2-year note yields which has relinquished the leadership role have taken it bac
bertha coombs, thank you very much. >>> ahead on "power lunch," home groan.ates continue to climb. people prepare to stay in their current homes for longer, some improvement names are holding strong. namely masonite. we'll talk to the ceo when we return. i may be known for my legendary football career, but truth is, i love a bunch of sports. the only trouble is knowing where to find them. that's why i got xfinity. so, i can easily find and watch whatever sport i'm into all in...
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Aug 17, 2023
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this is big news bertha coombs has it bertha >> it is part of the trend we are seeing nonprofit insurere shield of california has used krfts as the manager for years and the pharmacy networks for 20 years now it is shifting to low-cost payers to help its 4.8 million members save money they're signing with mark cuban's dug company which sells drugs at 15% over wholesale and amazon pharmacy which this week launched a $35 insulin program paul markovich says it will save customers money and the transition will start in 2025. >> i expect we are going to -- when this ramps up completely we will be saving $500 million a year i think if you apply that, we spend more than $600 billion a year as a country on drugs if this were to be applied across the country the savings could reacheasily $100 billion >> what is interesting is amazon has signed about half a dozen blues cross blue shield companies. blue shield in california is the second health insurer to sign with mark plus i asked mark cuban how hard it is to win them over. he told me there are bad habit to break but they need to realize the pri
this is big news bertha coombs has it bertha >> it is part of the trend we are seeing nonprofit insurere shield of california has used krfts as the manager for years and the pharmacy networks for 20 years now it is shifting to low-cost payers to help its 4.8 million members save money they're signing with mark cuban's dug company which sells drugs at 15% over wholesale and amazon pharmacy which this week launched a $35 insulin program paul markovich says it will save customers money and...
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Aug 14, 2023
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. >> bertha coombs with the headlines for us >> hi, scott six former mississippi law officers pleaded guilty to all state charges for torturing and abusing two black men earlier this year. court records show each individual reached a plea agreement that includes prison time ranging from 5 to 30 years. they include five former ran kin county sheriff's deputies and a police officers. all six recently admitted their guilt in a connected federal civil rights case. >>> maui officials and scientists are warning residents of toxic particles even after the flames are over. hawaii state toxicologist said it could take weeks or months to clean up the pollutants. these health hazards could have lasting effects on air and drinking water potentially impacting recovery and the island's tourism-driven economy. >>> the long anticipated billionaire brawl appears to be off as facebook co-founder mark zuckerberger dismisses elon musk for delaying the showdown. he posted on threads saying musk will not confirm a date and saying he needs surgery before the fight. the tech titan says it's time to move on.
. >> bertha coombs with the headlines for us >> hi, scott six former mississippi law officers pleaded guilty to all state charges for torturing and abusing two black men earlier this year. court records show each individual reached a plea agreement that includes prison time ranging from 5 to 30 years. they include five former ran kin county sheriff's deputies and a police officers. all six recently admitted their guilt in a connected federal civil rights case. >>> maui...
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Aug 7, 2023
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our bertha coombs reporting. >> what do beyond meat, underarmour and chad have in common they're allghs and we'll get the action, the story and the trade on all three names next in the earnings exchange. we never just see the numbers. we see the people. marcus: detroit, it's just changed so much. you can see what it once was. and then, i think about what it can be. as an entrepreneur, it's about how i can give them the tools to empower themselves if we can just all do something small, all the small things will start to amount to something big. that's why we're here to help make it happen. >>> welcome back to "the exchange." time for earnings exchange where we've got the action, the story and the trade on three stocks about to report, beyond meat, ch hegg and under armour. let's get to it our cnbc contributor, founder and ceo of new street advisers and welcome for the first time. >> thanks for having me. >> beyond meat, up about 20% this year, street will be watching for demand on those i didn't know you recently launched beyond pepperoni. they have prance on further price hikes, gene
our bertha coombs reporting. >> what do beyond meat, underarmour and chad have in common they're allghs and we'll get the action, the story and the trade on all three names next in the earnings exchange. we never just see the numbers. we see the people. marcus: detroit, it's just changed so much. you can see what it once was. and then, i think about what it can be. as an entrepreneur, it's about how i can give them the tools to empower themselves if we can just all do something small, all...
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Aug 1, 2023
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. >>> time for the check of the top corporate stories with bertha coombs. ha >> good morning, frank have you wanted to have a conversation with abraham linc lincoln? meta is ramping up the latest artificial intelligence. the company is set to launch a range of a.i. powered chatbots with different personalities the ft says it could happen as soon as next month interesting to watch meta has been designing the chatbots to have human like discussions with users to boost engagement with the social media pla platforms. the chart is up nine months in a row. >>> lawyers for the u.s. virgin islands alleges to the federal judge that jpmorgan chase handled more than $1 million of payments for jeffery epstein to girls for settlements. the lawyers from the u.s. virgin island attorney general's office detailed more than 9,000 transactions paid out to epstein accounts from 2005 and 2019 tha were not disclosed in the mandated evidence window in the statement to cnbc, jpmorgan chase said, quote, there is no proof this is accurate >>> it is the end of the road for the new "x"
. >>> time for the check of the top corporate stories with bertha coombs. ha >> good morning, frank have you wanted to have a conversation with abraham linc lincoln? meta is ramping up the latest artificial intelligence. the company is set to launch a range of a.i. powered chatbots with different personalities the ft says it could happen as soon as next month interesting to watch meta has been designing the chatbots to have human like discussions with users to boost engagement...
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Aug 3, 2023
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let's go with the headlines and bring in bertha coombs bertha >> hi, josh. >> how are you >> i'm all right >>> a body was found along the floating barrier that texas authorities recently installed on the rio grande river to deter migrants from crossing the border the texas department of public safety said information suggests this individual drowned upstream from the marine barrier and floated into the buoys the discovery comes a week after the justice department sued texas for installing that barrier. >>> the irs wants to do away with paper tax returns the agency announcing a new program which will let taxpayers submit common tax forms and respond to notices on line the irs wants fully paperless processing by 2025 the new initiative will cut processing times in half and eliminate up to 200 million pieces of paper a year >>> and it's official, michael jordan no longer majority owner of the charlotte hornets the team announced the sale to an investor group is complete. it was reportedly worth $3 billion being paid under jordan's leadership. he'll maintain a minority stake. back to you
let's go with the headlines and bring in bertha coombs bertha >> hi, josh. >> how are you >> i'm all right >>> a body was found along the floating barrier that texas authorities recently installed on the rio grande river to deter migrants from crossing the border the texas department of public safety said information suggests this individual drowned upstream from the marine barrier and floated into the buoys the discovery comes a week after the justice department sued...
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Aug 8, 2023
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ability to potentially be paid for by insurance and/or even medicare on that front let's get to bertha coombs than i do in terms of that important part of the debate here. it's such an important part of the overall market view of these drugs, ber bertha, in terms of whether they can get insurers to pay for them. >> we've heard from other parts of the industry that have reported, whether it's mckesson that said they saw huge interest in preauthorization services because of these glp 1s or the insurers who have said employers have started to ask for more qualifying and more preauthorization and more sort of limits on how these drugs get prescribed nonetheless, when you start looking at this data, it does become a question of whether you want to in a sense pay now or pay later. they're very expensive drugs, bought lot of folks are pointing to the fact that obesity itself is very expensive. cardiac issues, high blood pressure, they're all issues that contribute to long-term disease. if these drugs can mitigate that, that is something that a lot of employers are weighing a lot of folks in the heal
ability to potentially be paid for by insurance and/or even medicare on that front let's get to bertha coombs than i do in terms of that important part of the debate here. it's such an important part of the overall market view of these drugs, ber bertha, in terms of whether they can get insurers to pay for them. >> we've heard from other parts of the industry that have reported, whether it's mckesson that said they saw huge interest in preauthorization services because of these glp 1s or...
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Aug 17, 2023
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. >> bertha coombs , thanks.s it almost laughable they came out this afternoon reaffirming 2023 guidance, since there is no impact to this year. karen, you owned cvs? >> yes. i woke up to that delightful piece of news. it is not so much about this one client. it is certainly a big name, but it is about the pressure on the industry. as bertha said, it's 80% of the number of prescriptions. mark cuban cost-plus drug plan, that is a funny name. i get why they did it. maybe things like ozempic, but for cystic fibrosis drugs, the more expensive ones, they are staying. makes every customer of a pbm embedded in caremark that they have to think and renegotiate. anything that puts pressure on an industry that is opaque or shining a light on anything opaque makes me very concerned. is it cheap here? yes, but even if the earnings stay, even if it is a much lower bleed then i think, people will be pessimistic about the future potential of those margins. it reminds me of jeep. they are still making a bunch of money, but people
. >> bertha coombs , thanks.s it almost laughable they came out this afternoon reaffirming 2023 guidance, since there is no impact to this year. karen, you owned cvs? >> yes. i woke up to that delightful piece of news. it is not so much about this one client. it is certainly a big name, but it is about the pressure on the industry. as bertha said, it's 80% of the number of prescriptions. mark cuban cost-plus drug plan, that is a funny name. i get why they did it. maybe things like...
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Aug 24, 2023
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. >> pippa, thanks very much to bertha coombs for a cnbc news update >>> tyler, here is what's happening this hour. fulton county d.a. fani willis asked in a court filing today for an okay trial date for donald trump and his other 18 co-defendants. willis initially asked for a march 2024 trial but that changed after a request from one of the co-defendants, kenneth chesebro, filed a request for a speedy trial >>> correspondent evan gershkovich will be in a russian jail for another three months. he was arrested during a reporting trip in march and charged with espionage the u.s. government declared him wrongfully detained. >>> and manhattan is the most expensive place to live in the united states with living costs 122% higher than average according to new data that says honolulu rounds out the top big three cities one of the reasons, housing, costs almost five times the national average >> you can say that again. >>> ahead on "power lunch" three key headlines. shein's shiny new deal a wide gap for gap's new ceo and nike's kicks getting kicked around a retail rundown next. you got this. let
. >> pippa, thanks very much to bertha coombs for a cnbc news update >>> tyler, here is what's happening this hour. fulton county d.a. fani willis asked in a court filing today for an okay trial date for donald trump and his other 18 co-defendants. willis initially asked for a march 2024 trial but that changed after a request from one of the co-defendants, kenneth chesebro, filed a request for a speedy trial >>> correspondent evan gershkovich will be in a russian jail...
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Aug 9, 2023
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that would enshrine abortion access into the state's constitution carl, sara, back to you. >> bertha coombsyaccarino. we'll be right back. the dow is negative about 15 points ♪ (upbeat music) ♪ ( ♪♪ ) woah. ( ♪♪ ) ( ♪♪ ) ( ♪♪ ) ( ♪♪ ) constant contact delivers the marketing tools your small business needs to keep up, excel, and grow. constant contact. helping the small stand tall. ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. >>> an hour into the trading someday. let's go over to bob pisani. >> good morning. good to see you. the important thing about today is we're down 6 out of 7 days if we end down today, and we're selling into the open every single day recently. look at the sectors here this is happening because the leadership is changing right
that would enshrine abortion access into the state's constitution carl, sara, back to you. >> bertha coombsyaccarino. we'll be right back. the dow is negative about 15 points ♪ (upbeat music) ♪ ( ♪♪ ) woah. ( ♪♪ ) ( ♪♪ ) ( ♪♪ ) ( ♪♪ ) constant contact delivers the marketing tools your small business needs to keep up, excel, and grow. constant contact. helping the small stand tall. ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she...
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Aug 14, 2023
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i'm bertha coombs and here's your cnbc news update. maui officials and scientists are warning of yet another complication for the island's recovery they say it could take weeks or months to clean up pollutants left behind by the fires in the air and drinking waters. people on effected parts of the island are being advised only to drink and prepare food with bottled water until further notice >>> the military leader behind the coup say they will prosecute ousted president for high treason and undermining state security if found guilty, he could face the death penalty. that announcement coming just hours after the coup leaders had said they were open to dialogue to end the crisis. >>> clarence who earned the unofficial title of black entertainment has died his list of mricaccomplishmentss so long and varied but he's perhaps best known for az role as a mentor in the music industry working with the likes of quincy jones, pharrell williams, whitney houston and so much more. his family says he passed peacefully at home sunday. 92 years old.
i'm bertha coombs and here's your cnbc news update. maui officials and scientists are warning of yet another complication for the island's recovery they say it could take weeks or months to clean up pollutants left behind by the fires in the air and drinking waters. people on effected parts of the island are being advised only to drink and prepare food with bottled water until further notice >>> the military leader behind the coup say they will prosecute ousted president for high...
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Aug 15, 2023
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that's what that's about, the belly of the curve, the new reality, none of the stocks are buys >> bertha coombs has the headlines for us >>> hi, scott. the mother of a student who shot his first grade teacher pleaded guilty in a virginia court today. taylor was charged with felony child neglect and could serve up to six months in state prison. prosecutors agreed to drop a separate charge of reckless storage of a firearm taylor will be sentenced at the end of october >>> hollywood studios reportedly put a new deal on the table for striking writers as that strike stretches past 100 days. bloomberg news reported the new offer covers concessions related to ai use and access to viewer data, the issues in contention, citing people familiar with the discussions. the alliance of motion pick tune and television producers agreed to make sure humans are credited as writers of screenplays rather than replacing them with ai. >>> and gas pump prices are inching toward an average of $4 a gallon aaa reported the highest gas prices since last october. prices are up 2 cents a gallon over the past week and 28 cen
that's what that's about, the belly of the curve, the new reality, none of the stocks are buys >> bertha coombs has the headlines for us >>> hi, scott. the mother of a student who shot his first grade teacher pleaded guilty in a virginia court today. taylor was charged with felony child neglect and could serve up to six months in state prison. prosecutors agreed to drop a separate charge of reckless storage of a firearm taylor will be sentenced at the end of october >>>...
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Aug 3, 2023
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i'm bertha coombs with your cnbc news update.curity barriers now surround the federal courthouse where donald trump is expected to enter a plea this afternoon in his latest arraignment, the former president will answer to charges that he used unlawful means in an attempt to overturn the 2020 presidential election his marshals say he will not have a mugshot taken when he reports around 4:00, but will have to undergo digital fingerprinting. >>> hyundai and kia telling drivers to park outside because of a problem with the oil pump that could cause their vehicles to catch fire. the automakers are recalling a number of 2023 and 2024 models, including certain elantras, sols and sportages. no injuries reported so far. >>> and tom brady may be retired, but he's already dipping his toe back into football, the british version. the legendary quarterback is a minority owner of birmingham city and according to the team, he will offer his sports expertise and knowledge toed advisory board the club operates in the second tier of the english lea
i'm bertha coombs with your cnbc news update.curity barriers now surround the federal courthouse where donald trump is expected to enter a plea this afternoon in his latest arraignment, the former president will answer to charges that he used unlawful means in an attempt to overturn the 2020 presidential election his marshals say he will not have a mugshot taken when he reports around 4:00, but will have to undergo digital fingerprinting. >>> hyundai and kia telling drivers to park...
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Aug 14, 2023
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. >>> welcome back to "squawk on the street," i'm bertha coombs with cnbc news update.onfirmed to have died in the wildfires last week. the number will grow as maui county is searched for victims estimated 3% of lahaina has been searched so far. >>> the u.s. and south korea announced today that they will stage their largest-ever military drills in south korea later this month tens of thousands of troops are expected to participate. the announcement about the ramped up drills comes on the same day north korea leader kim jong-un visited key military factories and called for an increase in missile production. >>> and there's no question some new images from the webb space telescope appear to show the telescope captured what looks like a question mark in deep space. some scientists are speculating the images are a pair of galaxies that merged together and formed the familiar shape by coincidence. really a question mark. i wouldn't have believed it unless they said it was real, carl. >> is the riddler in space, bertha >> very odd. thank you, bertha coombs just about an hour
. >>> welcome back to "squawk on the street," i'm bertha coombs with cnbc news update.onfirmed to have died in the wildfires last week. the number will grow as maui county is searched for victims estimated 3% of lahaina has been searched so far. >>> the u.s. and south korea announced today that they will stage their largest-ever military drills in south korea later this month tens of thousands of troops are expected to participate. the announcement about the ramped...
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Aug 22, 2023
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let's get a news update with bertha coombs. >>> john eastman who was indicted in georgia, along with president trump, became the first codefendant in the georgia election conspiracy case to surrender to authorities. eastman, who is charged with trying to overturn the 2020 election along with the former president, will be released on a $100,000 bond. president trump says he will surrender to authorities on thursday. >>> the faa is setting up safety meetings across the country after a series of runway near misses. the agency is planning meetings at 90 airports over the next few weeks. so far this year the national transportation safety board is investigating seven near misses at u.s. airports. >>> and could we be one step closer to the sci-fi idea of a universal translator? meta seems to be trying to get there. the company releasing a new a.i. model it says can translate and transcribe speech in dozens of languages. it's a process that could soon lead to real-time communication across languages. if it really works in real-time, it would be great when you go and travel abroad, wouldn't
let's get a news update with bertha coombs. >>> john eastman who was indicted in georgia, along with president trump, became the first codefendant in the georgia election conspiracy case to surrender to authorities. eastman, who is charged with trying to overturn the 2020 election along with the former president, will be released on a $100,000 bond. president trump says he will surrender to authorities on thursday. >>> the faa is setting up safety meetings across the country...
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Aug 3, 2023
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. >>> let's get a news update with bertha coombs. >> the day after russia hit a key grain port in ukraine, the prosecutor's office in kyiv says it's investigating moscow for possible war crimes. ukrainian officials say russia has launched attacks on its agriculture infrastructure since july that's when moscow pulled out of the wartime black sea grain deal, effectively shutting down ukraine's black sea port ukraine is one of of the world's top grain exporters. >>> a judge delayed jonathan majors' misdemeanor and assault trial today. prosecutors said they needed more time to build their case. police say they arrested the marvel actor last year following a domestic dispute majors has pleaded not guilty to the charges. >>> nasa is one step closer to its next lunar mission the space agency completed its first crude recovery test for the artemis ii mission off the san diego coast. teams practiced how they would extract the four astronauts when they splash down after their mission. they're set to venture around the moon for ten days in november 2024. to the moon for real, carl >> thanks so much,
. >>> let's get a news update with bertha coombs. >> the day after russia hit a key grain port in ukraine, the prosecutor's office in kyiv says it's investigating moscow for possible war crimes. ukrainian officials say russia has launched attacks on its agriculture infrastructure since july that's when moscow pulled out of the wartime black sea grain deal, effectively shutting down ukraine's black sea port ukraine is one of of the world's top grain exporters. >>> a judge...
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Aug 7, 2023
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technology now being phased out, giving doctors less time with paperwork and more time with patients bertha coombsat story for today's "techcheck." >> you don't look like you feel good today. >> reporter: dr. foy starts patient visits by pulling out her phone. >> it listens in on our visit so that i can pay more attention to you. are you comfortable with me using it >> reporter: it has freed her from typing when she's seeing patients the a.i. program writes her patient's summaries for her, which has freed her from - >> should be the time where you're getting ready to wind down and go to bed we're usually still charting and noting and doing things that are going to enhance the life of the patient but not necessarily our own quality of life. >> reporter: at baptist health in jacksonville, harnessing generative a.i. programs to help doctors and nurses fight burnout is a top new priority. >> an economy of scale, economies that health care will be able to get into leveraging a.i. >> like what >> you eliminate all the redid you understand dredundancy and overhead. >> reporter: it could help hospitals cu
technology now being phased out, giving doctors less time with paperwork and more time with patients bertha coombsat story for today's "techcheck." >> you don't look like you feel good today. >> reporter: dr. foy starts patient visits by pulling out her phone. >> it listens in on our visit so that i can pay more attention to you. are you comfortable with me using it >> reporter: it has freed her from typing when she's seeing patients the a.i. program writes her...
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Aug 16, 2023
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>> we've lost some of our opening gains, but the dow is up 92 let's get a news update with our bertha coombsvilian cao ship stuck in ukraine's port of decembers a since the invasion set sail on the black sea today. it traveled through a new corridor despite a russian blockade the company that owned the ship confirmed it was en route to istanbul this morning. moscow that has threatened to treat any ships leaving ukraine as potential military targets. >>> and more evidence of a divided america. a new poll from the associated press shows a deep political dividing line when it comes to donald trump's recent criminal indictments. it found 85% of democrats think that trump tried to interfere in georgia's vote count during the 2020 election. only 16% of republicans shared that belief. that poll was conducted ahead of monday's charges in the georgia case >>> and england's women's team reached the world cup final for the first time after defeating co-host australia this morning the lady lionesses will face off against spain for the title on sunday i'm really shocked that sweden didn't make it that's
>> we've lost some of our opening gains, but the dow is up 92 let's get a news update with our bertha coombsvilian cao ship stuck in ukraine's port of decembers a since the invasion set sail on the black sea today. it traveled through a new corridor despite a russian blockade the company that owned the ship confirmed it was en route to istanbul this morning. moscow that has threatened to treat any ships leaving ukraine as potential military targets. >>> and more evidence of a...
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Aug 2, 2023
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i'm bertha coombs from cnbc. wall street set to open lower as markets react to a move by fitch to strip the united states of its aa accredit rating. fitch citing several challenges not addressed by the white house earlier this year and a prospect of new showdowns ahead. treasury departments say they strongly disagree with the decision. it was lackluster to start the month, the dow rising 71 points and closing off highs. the nasdaq and s&p 500 ended in the red. >>> in focus today, we'll get data on mortgage applications. we just got numbers on hiring in the private sector. adp said they saw 324,000 new jobs last month. earnings from cvs were better than expected, as well as humana. >>> meantime, this story just boggles my mind, tinder is preparing to launch a new high-end membership this fall and a product refreshment aimed at catering better to gen-zers with deep pockets. it was confirmed earlier this year by company executives who dubbed the $500 a month offering of tinder vault as their new thing. tinder and pa
i'm bertha coombs from cnbc. wall street set to open lower as markets react to a move by fitch to strip the united states of its aa accredit rating. fitch citing several challenges not addressed by the white house earlier this year and a prospect of new showdowns ahead. treasury departments say they strongly disagree with the decision. it was lackluster to start the month, the dow rising 71 points and closing off highs. the nasdaq and s&p 500 ended in the red. >>> in focus today,...
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Aug 16, 2023
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. >>> let's get to bertha coombs for the cnbc news update >> wildfires on maui could cost insurers $3.2on. that according to new estimate from karen clark and company 2200 buildings were damaged or destroyed within the fire perimeter. most of them residential if found, another 3,000 suffered secondary impacts from things such as smoke. the official death toll now from the fire stands at 106 >>> and grim task mof locating more victims fall to search and rescue teams who rely on specially trained dogs to help, among them a team from miami-dade is on its way as of monday, there were 20 dogs deployed to maui and the new main society estimates 3,000 pets are missing from the lahaina area. reps for the society tell abc news that they have taken in 52 injured animals so far a lot of folks trying to help with the animals >> such a sad, sad story on so many levels. >>> general motors today announcing an investment in a company called mitracam they want to make evs more affordable and they have a deal with hertz to add 170,000 rentals to that company's fleet. joining us to talk about it more is m
. >>> let's get to bertha coombs for the cnbc news update >> wildfires on maui could cost insurers $3.2on. that according to new estimate from karen clark and company 2200 buildings were damaged or destroyed within the fire perimeter. most of them residential if found, another 3,000 suffered secondary impacts from things such as smoke. the official death toll now from the fire stands at 106 >>> and grim task mof locating more victims fall to search and rescue teams who...
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Aug 15, 2023
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. >>> now to bertha coombs for a cnbc update. >> hey, tyler.'s concern across maui about the chemical contamination from the fires the state health department cautioning people that the ash and dust from burned buildings might carry toxic chemicals such as asbestos and lead many of the buildings in lahaina were built in the 1970s before those chemicals were phased out of construction. >>> meantime, speaking at an event in milwaukee, president biden said moments ago that he will travel to hawaii as soon as he can the white house says it's an active discussions about a trip. he faced criticism from some republicans about not speaking much publicly in the initial aftermath of the fires. >>> and another soccer superstar heads to saudi arabia. they have acquired neymar from paris. transfer fee, $98 million. might as well just round it up to 100 million. >> that's not even his salary. >> that's incredible those numbers are -- i don't understand that. >> that's the transfer fee. >> they can write those really big checks oil prices are what they are. >
. >>> now to bertha coombs for a cnbc update. >> hey, tyler.'s concern across maui about the chemical contamination from the fires the state health department cautioning people that the ash and dust from burned buildings might carry toxic chemicals such as asbestos and lead many of the buildings in lahaina were built in the 1970s before those chemicals were phased out of construction. >>> meantime, speaking at an event in milwaukee, president biden said moments ago that...
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Aug 22, 2023
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. >>> let's get the headlines with bertha coombs. >>> a federal court hearing is under way to decide whether texas has to remove a floating buoy barrier on the rio grande. the justice department is asking the judge to issue an injunction ordering the removing of the buoys and to bar the state from deploying similar tactics. texas officials installed the barrier in an attempt to stop unauthorized border crossings as part of governor abbott's operation lone star. >>> ftx founder sam bankman fr bankman-fried was led into the courtroom wearing tan clothes. >>> and pakistan's military is rescuing people from a cable car that is dangling hundreds of feet above a canyon. eight people were trapped after a line snapped while they were traveling to school. rescuers warn the mission is complicated because of gusty winds and fading light. we really wish them well and hope they get everyone off safely. >>> coming up, our "call of the day." it's another credit downgrade. the stocks are all down. we'll find out how the committee is playing it. so i called innovation refunds. their team of independe
. >>> let's get the headlines with bertha coombs. >>> a federal court hearing is under way to decide whether texas has to remove a floating buoy barrier on the rio grande. the justice department is asking the judge to issue an injunction ordering the removing of the buoys and to bar the state from deploying similar tactics. texas officials installed the barrier in an attempt to stop unauthorized border crossings as part of governor abbott's operation lone star. >>>...
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Aug 24, 2023
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. >>> we do have a news alert tonight on hawaiian electric bertha coombs has that >> hey, carl maui countyn a lawsuit claiming that the company failed to shut off power despite exceptionally high winds and dryconditions according to the lawsuit, warnings had the utility heeded during the predicted high wind gusts, this destruction could have been avoided. now, the lawsuit doesn't offer a number, in terms of what they're looking for in terms of damages, but they are talking about not just the loss of problemer prop the loss of tax revenue, productivity loss, so this could really be a huge number. meantime, today, hawaiian electric also suspending its dividend, saying in a statement, we're doing everything we can to support all of those who have been impacted and help maui recover. saying that they now expect 95% of customers in the affected areas will have had their power restored by the end of this week carl >> such a tough story. bertha, thank you. >>> coming up, nvidia's blowout quarter and its fall back to earth sending shockwaves in the options pits the outsized action, and where trade
. >>> we do have a news alert tonight on hawaiian electric bertha coombs has that >> hey, carl maui countyn a lawsuit claiming that the company failed to shut off power despite exceptionally high winds and dryconditions according to the lawsuit, warnings had the utility heeded during the predicted high wind gusts, this destruction could have been avoided. now, the lawsuit doesn't offer a number, in terms of what they're looking for in terms of damages, but they are talking about...
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bertha coombs. >>> coming up the ceo of acimi will join us to talk about the company's latest quarterly"squawk box" will be right back. ♪ grow thicker, fuller hair with just one capsule a day of advanced hair complex. conquer hair thinning... ...and fall in love with your hair all over again. only from nature's bounty. he snores like an angry rhino. you've never heard an angry rhino. ...and fall in love with your hair all over again. baby i hear one every night... every night. okay. i'll work on that. save 50% on the sleep number limited edition smart bed. plus, 36 month financing on select smart beds. shop now only at sleep number. the citi custom cash℠ card automatically adjusts to earn you more cash back in your top eligible spend category. hi. ♪♪ you don't have to keep tabs on rotating categories... this is the only rotating i care about. ... or activate anything to earn. your cash back automatically adjusts for you. can i get a cucumber water? earn 5% cash back that automatically adjusts to your top eligible spend category, up to $500 spent each billing cycle with the citi custom c
bertha coombs. >>> coming up the ceo of acimi will join us to talk about the company's latest quarterly"squawk box" will be right back. ♪ grow thicker, fuller hair with just one capsule a day of advanced hair complex. conquer hair thinning... ...and fall in love with your hair all over again. only from nature's bounty. he snores like an angry rhino. you've never heard an angry rhino. ...and fall in love with your hair all over again. baby i hear one every night... every...
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bertha coombs joins us with more. hey, bertha. >> yeah, this is a landmark day.ctors and medical care but under the intphraeubgs reduction act for the first time, the agency has not been given the authority to negotiate drug prices. the first ten drugs for negotiation under medicare part d prescription plans this morning, and some of the names were some we were expecting. ella kweus, that's a blood thinner. j januvia, intres yo, and empwreul which is for diabetes, i believe. and stau laura, and then a number of diabetes drugs there as well. the company says the selected drugs accounted for $50.5 billion in total part d gross prescription drug costs, and 20% of the total programs between june 1st, 2022 and may 31st, 2023. so essentially the second half of last year and more or less the first half of this year. the process now begins with the october 1st drug companies, they will have until then if they want to respond into negotiations, the actual negotiations, the back and forth discussions will begin in february and last through august 1st, and then a year from
bertha coombs joins us with more. hey, bertha. >> yeah, this is a landmark day.ctors and medical care but under the intphraeubgs reduction act for the first time, the agency has not been given the authority to negotiate drug prices. the first ten drugs for negotiation under medicare part d prescription plans this morning, and some of the names were some we were expecting. ella kweus, that's a blood thinner. j januvia, intres yo, and empwreul which is for diabetes, i believe. and stau...
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stay tuned >>> >>> pair of industry disruptors, and bertha coombs joins us with more hey, bertha. >>for its 4.8 million members. signing with mark cuban's cost plus drug company, the 20-month-old online pharmacy which sells drugs at 15% over wholesale and amazon pharmacy, which just this week launched $35 insulin. blue shield's ceo paul markovich says the transition will start in 2025. >> i expect we're going to -- when this ramps up completely, we're going to be saving $500 million a year if this were to be applied across the country, the savings could reach easily $100 billion. >> this is just a second health insurer to sign with cost plus i asked mark cuban how hard it has been to win them over and he told me there are a lot of bad habits they need to break, but payers now realize the cost plus has made the price of medications transparent, with doctors and patients seeing what prices should be and the industry will have to adjust still, in addition to cost plus, amazon blue, blue shield will continue to use cvs for specialty drugs. because that's an area where you still need to h
stay tuned >>> >>> pair of industry disruptors, and bertha coombs joins us with more hey, bertha. >>for its 4.8 million members. signing with mark cuban's cost plus drug company, the 20-month-old online pharmacy which sells drugs at 15% over wholesale and amazon pharmacy, which just this week launched $35 insulin. blue shield's ceo paul markovich says the transition will start in 2025. >> i expect we're going to -- when this ramps up completely, we're going to be...
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point according to many, filling out medical records where now there is an ai app for that, and bertha coombsoctors happen happily and finally in the office. >> when you go to see your doctors, most of the time you see them sitting at the computer typing notes while you're talking to them. that's going into your electronic health record the thing is a lot of them don't finish up until later at home during what doctors call pajama t time microsoft has an ai app that could put pajama time to rest. >> you don't look like you feel good today dr. johnson foye starts patient visits by pulling out our phone. >> it listens in on our visit soky pay more attention to you >> using nuance's app has freed her from typing when she's seeing patients. the ai program writes her patient's summary for her, which has freed her from. >> pajama time, which should be the time where you're getting ready to wind down going to bed. we're usually still charting and noting and doing things that are going to enhance the life of the patient but not necessarily our own quality of life. >> reporter: at baptist health in jac
point according to many, filling out medical records where now there is an ai app for that, and bertha coombsoctors happen happily and finally in the office. >> when you go to see your doctors, most of the time you see them sitting at the computer typing notes while you're talking to them. that's going into your electronic health record the thing is a lot of them don't finish up until later at home during what doctors call pajama t time microsoft has an ai app that could put pajama time...
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i'm bertha coombs.bc news update at this hour. >>> ftx founder sam bank man fried pleaded not guilty to to a new charge. it's his first appearance in the new york courtroom since the judge revoked his bail this month. his trial is scheduled for october. >> wagner group chief prigozhin has given his first video address two months after he tried to launch a rebellion against russian leadership. the person at the video hints at being in africa. nbc news has not independently verified the video's authenticity. >>> the new york knicks suing the toronto raptors. the team accusing a former assistant of stealing proprietary files and sending them to the raptors. in a statement from the raptors ownership the group writes it, quote, strongly denies any involvement in the matters alleged. leslie, according to the lawsuit, there were 3,000 files that were transferred over. >> wow. >> lots to chew on there. >> yeah. >> wild story. thanks, bertha. >>> we're about an hour into the trading day. some of the major indexe
i'm bertha coombs.bc news update at this hour. >>> ftx founder sam bank man fried pleaded not guilty to to a new charge. it's his first appearance in the new york courtroom since the judge revoked his bail this month. his trial is scheduled for october. >> wagner group chief prigozhin has given his first video address two months after he tried to launch a rebellion against russian leadership. the person at the video hints at being in africa. nbc news has not independently...
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. >>> let's get an update with bertha coombs. >> patrick wilmot w-- president biden will travel to hawaiiext week the white house said the president and first lady will leave monday and meet with first responders and survivors >>> north korea finally confirms that the soldier who ran willingly across the border last month is in the country. pyongyang claimed that private travis king came -- officials tell the associated press there's no way to verify those claims and that the pentagon is working to bring him home. >>> and soccer star lionel messi propelled his team from the bottom of the league into the cup final defeating the philadelphia union last night, 4-1, to advance to saturday's championship messi has nine goals in just six games with the team. sometimes it pays to pay up for those superstars >> it would have been more surprising if he had not done that bertha, thank you. >>> as we head to break check out the biggest gainers on the s&p 500, earnings helping progressive and the insurance stocks as well target rising after the bottom line beat. top line miss low erred guidance, up 4
. >>> let's get an update with bertha coombs. >> patrick wilmot w-- president biden will travel to hawaiiext week the white house said the president and first lady will leave monday and meet with first responders and survivors >>> north korea finally confirms that the soldier who ran willingly across the border last month is in the country. pyongyang claimed that private travis king came -- officials tell the associated press there's no way to verify those claims and...
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Aug 1, 2023
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nasdaq futures off by 77 the s&p futures down by 14 >>> amazon expanding its health care offerings bertha coombs morning's announcements hi, bertha >> good morning, mike. eight months now since amazon launched its amazon clinic with services in two-thirds of the country. as of now, the telehealth services is available nationwide after meeting state regulatory requirements in places like new york they're also expanding the range of health issues that they will treat, driven they say by consumer demand. but while patients can get weight loss drugs, like ozempic on amazon pharmacy, the clinic side is not ready to offer that kind of individualized health coaching and support that should go along with those weight treatments >> it's a space that i think we want to make sure that we understand a bit better before moving forward because i do think that there's a lot of -- there's a lot of complexity there and a lot of decision making around what's the kind of optimal path to help someone with their weight journey. >> it's definitely a hot area, these days, though teledoc last week said they're moving i
nasdaq futures off by 77 the s&p futures down by 14 >>> amazon expanding its health care offerings bertha coombs morning's announcements hi, bertha >> good morning, mike. eight months now since amazon launched its amazon clinic with services in two-thirds of the country. as of now, the telehealth services is available nationwide after meeting state regulatory requirements in places like new york they're also expanding the range of health issues that they will treat, driven...
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bertha coombs has more on that good morning >> good morning, andrew.cs to expand fertility and family planning benefits to workers in 50 countries maven served more than 600 employers covering 15 million lives with the services in 35 languages. amazon with 1.5 million workers worldwide is a big win >> we are now seeing the global push amazon being one of the first and microsoft is another we started in 2014 this continued to grow our market and continues to prove to the world that it needs to take care of women and families not only do you have a better healthcare system in the countries, but a better industry >> amazon offers fertility services in the u.s. and canada through a company which reported 43% year over year revenue growth the global ben pefitts needed a solution for governments with a health system. >> this is not an easy journey each if there are great countries with great social support systems, but knowing where to go. primary care or ob-gyn or surrogacy or adoption? there are many options on the journey. having a company with the resour
bertha coombs has more on that good morning >> good morning, andrew.cs to expand fertility and family planning benefits to workers in 50 countries maven served more than 600 employers covering 15 million lives with the services in 35 languages. amazon with 1.5 million workers worldwide is a big win >> we are now seeing the global push amazon being one of the first and microsoft is another we started in 2014 this continued to grow our market and continues to prove to the world that...
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cvs health reporting we want to get to bertha coombs.ing. >> becky, we're seeing cvs posting with an adjusted 2.11%, that's tencents better beating handily on both the top and bottom line despite headwinds in the health care benefits unit which saw higher medical costs and medicare advantages as a lot of people get those knee replacements, amounting to 82% in premiums while medicate membership fell double digits from 18% from march. that was partially offset by commercial and medicare enrollment more than $46 million was a big top line beat helped by signify and oak street acquisitions which offset lower co-existence at their existing clinics. at pharmacy and consumer w wel wellness, up 11% is that offset the drop in covid vaccines and covid tests which led to weakness in the front of the store. cvs also taking a $496 million restructuring charge to cover-up coming severance and layoff costs. they want to cut costs in the wake of acquisitions those job cuts should be completed by year en you can see the stock there rising on that news. b
cvs health reporting we want to get to bertha coombs.ing. >> becky, we're seeing cvs posting with an adjusted 2.11%, that's tencents better beating handily on both the top and bottom line despite headwinds in the health care benefits unit which saw higher medical costs and medicare advantages as a lot of people get those knee replacements, amounting to 82% in premiums while medicate membership fell double digits from 18% from march. that was partially offset by commercial and medicare...