host: elizabeth holmes is there iseranos and theranos elizabeth holmes. extent is theranos being used? >> it is not being used at all in the sense that they have shut down their blood draw sites, most of them in phoenix. in the walgreens stores. host: walgreens is suing them. john: walgreens is suing them. what the company is pivoting to is trying to commercialize this new device called the mini lab. it is hoping that if it can run studies showing this device is reliable and accurate that it can then persuade the fda to approve it for sale, and to then sell it to labs, and hospitals, and doctors offices. that is the new business plan. but it will be an uphill climb, because running a trial or a study is a costly thing and it is a lengthy process. they are only now beginning to do the real validation studies to try to prove that the minilab is accurate and reliable. the work is starting now. the question is, whether the company will have a life expectancy to see the process through. >> the cash is dwindling. they are not going to be able to raise more mone

elizabeth holmes has also been banned from the blood testing industry for at least two years. joining me now are john carreyrou and michael siconolfi, they are both from "the wall street journal," the team that has covered this story from the beginning. i'm pleased to have both of them at this table, welcome, gentlemen. this has been 13, 13 months of reporting in the journal but longer than that, actually looking into theranos. so john, let me start with you. when did you first get an indication that something might be amiss? >> so there was a new yorker piece in december of 2014, a profile, a long profile of elizabeth holmes. and that piece both put her on my radar. she had gotten a fair amount of press, but i hadn't paid much attention until i saw that story. and in addition to putting her on my radar just in general, there were a couple of passages that i thought were strange in that piece. i had done an investigative reporting about health care for most of the past decade. and having a fairer amount of experience, there were some passages that seemed off to me. i probably

elizabeth holmes has been banned from the industry for at least two years. from the wall street journal the been covering this story from the beginning. welcome. this is the 13 months of reporting from the journal, looking into the company. john, when did you get an indication that something might be a mess -- amiss? john: there was a new yorker piece in 2014, a profile of elizabeth holmes, and that piece per on my radar. she had gotten a fair amount of press, but i had not paid attention until i saw that worry. in addition -- a story. in addition to putting her on my radar, there were a couple of passages i thought were strange. i had done investigative reporting for health care for the past decade and having a fair amount of experience, there were passengers -- passages that seemed off to me. i probably wouldn't have done anything with that, but a couple of weeks later -- what was she talking about? john: there were a couple of pieces in the piece about the no man's land that this company was pathof charting, the through. and a paragraph in which the write

those projections helped elizabeth holmes raised by the $630 million from investors. the company under criminal and civil investigation to determine if it misled investors. regulators about technology and operations. which you pay 12 bucks for a cup of coffee at starbucks? a starbucks loses core customers and they will bet on luxury coffee sales push into the round of a $12 cup of coffee. swedish retailer ikea going to broaden its provincial parental leave coverage. for months of paid parental leave for u.s. in place regardless how many hours there appeared one of the few retailers to bring benefits to their hourly workers. autozone is one of the stocks we're watching today. the retailer expected to report higher earnings per share for revenue. i decided to release its numbers before the opening bell. last year from toll brothers. analysts looking for the homebuilder to report improved results boosted by home sales. look for the earnings to come amid a stronger job market and a healthier economy. nicole: presidential recount is underway after a candidate just unreques

elizabeth holmes, of theranos. i know it's not exactly the same sort of thing, but it's laboratories and funding. got scads more funding than you did. when you looked at that did you think, wait a minute, i've got a ph.d. in genetics from stanford. did you look at that and say how did this go her way and not my way? >> i think that we're very different from theranos. >> you are. i admit from a layman's point of view. but you both have lab company. >> i think what it highlights is the importance of having sound science behind health tech, biotech, all of these areas. need to be predicated on well-established science. you need transparency. that's something that myself and my team is focused on. how we publish, putting it in venues where there's open access to the data. being very transparent about what things we do and how we do them. i think at the end of the day, that's the right way for medicine to be practiced, the right way for science to be practiced. >> has there been any after-shock from what's happened with

. >>> in july, i traveled to palo alto, california, for an exclusive interview with ceo elizabeth holmesby "the wall street journal" and ultimately federal investigation, sanctions and multiple lawsuits revolving around its mini lab, a proprietary blood testing device, in 2014 forbes had valued the company at $9 billion. >> does it work? >> yes. >> you're confident in that? >> i am confident in that. >> as 2016 comes to a close, theranos is valued at zero, it's vaken up its operations and board of directors. >>> for years we've been reporting on the country's opioid epidemic, but it wasn't until this april 21st that the crisis grabbed everyone's attention. >> cnn has confirmed that the artist, prince, is dead. >> prince died of a fentanyl overdose, a synthetic painkiller 50 times more powerful than heroin. overdose are now the most common cause of unintentional death in america. >> we're here to talk about an epidemic that kills 78 americans every single day. one death every 19 minutes from an opioid overdose. >> we hosted a town hall to bring to light this epidemic quietly killing peopl

. >> in july i traveled to palo alto, california, with an interview with elizabeth holmes who had beeneporting from the "wall street journal" and ultimately sanctions and multiple lawsuits involving around its mini lab, a proprietary blood testing device. in 2014 forbes had valued the company at $9 billion. >> it's probably the most important question i think anybody who is watching has about this, does it work? >> yes. >> you're confident in that? >> i am confident in that. >> as 2016 comes to a close theranos is now valued at zero. it has shaken up its operations and its board of directors. >>> for years we've been reporting on the country's opioid epidemic but it wasn't until this april 21st that the nationwide crisis finally grabbed everyone ace attention. >> cnn has confirmed that the artist prince is dead. >> prince died of a fentanyl overdose, it's a synthetic painkiller 50 times more powerful than heroin. overdoses are the most common cause of unintentional death in america. >> we are here to talk about an epidemic that kills 78 americans every day. >> anderson cooper and i hos

. >> reporter: in july i traveled to california for an exclusive interview with elizabeth holmes whobeen laying low for months following damning reporting by the "wall street journal" and a federal investigation, sanctions and multiple lawsuits revolving around its mini lab. a proprietary blood test and device. in 2014, forbes had valued the company at $9 billion. >> it's probably the most important question anybody who is watching has about this. does it work. >> yes. >> you are confident in that? >> i am confident in that. >> reporter: as 2016 comes to a close, it is now valued at zero. it has shaken up its operations and board of directors. for years, we have been reporting on the country's opioid epidemic but it wasn't until april 21st that the nationwide crisis finally grabbed everyone's attention. >> cnn has now confirmed the artist prince is dead. >> reporter: prince died of a fentanyl overdose, a synthetic painkiller 50 times more powerful than heroin. overdose is now the most common cause of unintentional death in america. >> we are here to talk about an epidemic that kills

elizabeth: arrested and taken to jail thursday night according to police the 33-year-old gary holmes now charged with capital murder in the murder 306-year-old king in the case of road rage. >> it's sad for his life to be taken. elizabeth: the arrest coming a day after the grabbed mother spoke out for -- grandmother spoke out at a first time in a vigil. >> no shape, form or fashion did i know something like that would take place. >> police say it was black heavy impala opened fire at an intersection in little rock. >> shots fired. i thought he shot. he shot at the car. >> it wasn't until the grandmother pulled in a parking lot that she realized asen in backseat had been hit. >> he's been shot. oh, my god! >> court documents reveal a tip led police to the owner of the impala. the girlfriend said she was in the car at the time and claimed a car was following him too closely so he pulled over and let the car go past him. but when the car stopped at a stop sign for a few minutes holmes fired his gun and said that's what you get for following me around. we are told the u.s. marshalls reach