glaxo smithkline, you're stating pharma m&a in general is too expensive what is driving glaxo at moment? >> that's our position that we think the prices are too high. the collaboration with novartis where they swapped assets to generate scale is an interesting precedent in that space, the kind of deal that everybody refers to as a bit of a unicorn. they all want do something similar. gsk at the minute are getting benefit from the weak pine. i'm sure andrew witty will be happy to retire on a high of eight consecutive quarters of beating expectations. >> and the new person in charge, what do you think her main focus should be taking over at this stage? >> i think the question about her will be around the lack of rnd direct experience, but hiring luke meales is a positive thing to fill that capability question. i think she will bring more intensity around strategic marketing, real kpi driven discipline in that business which fits well with their new volume first strategy. >> what do you think investors will be looking out for in glaxo numbers? what's the keys? the pipeline still or r & d c

what exactly is the trumpearly administration plan glaxo wellcome clearly the trump administration intends to pursue an aggressive agenda when it comes to mining and drilling on our public lands and waters, and the president and his senior advisers have made clear their intention to undo what are reasonable protections put in place in environmentally sensitive areas. protec that the administration will renew its efforts to reverse and o protections of important onshore and offshore areas, and based on energy plans posted on the white house website, just immediately after the presidents inauguration, the president seems to be committed to simply opening up as much federal land as possible to coal mining andri energy development. the administration has said it would use money and drilling and mining of all our public lands and waters to pay for billions, sorry, multibillion dollar infrastructure packages. and my constituents want to know where did you draw the line? where does that stop? the administration has already suspended rules insuring l polluters on our public lands don't have to pay

despite llinsanity being a tall m m man -- >> and we have the outgoing ceo from glaxo smithkline joiningl see you. that makes it the biggest. >> you're too kind. i don't believe t none of the viewers do either. >>> let's preview what to expect this trading day. u.s. futures at this hour pointing slightly higher after slight gains yesterday thain ud clood a record cloand joining us is hans olsen. >> good morning. >> is it encouraging to see the resilience of stocks at the moment in the light of things like oil prices declining, and bond yields slipping quite noticeably lower this week? >> yeah. i think that's right. i think the interesting thing in all of this is that the back drop that all of this is occurring in from an economic perspective has been quite positive. i just came off a three-week travel across country. meeting with clients, visiting different cities, the picture i got is unambiguously positive. if you look at the jux to taposn of policy initiatives, it looks like we're operating within a shrinking margin of safety at the moment. >> when we look at the economic landscape, o

journalists in the united states are so focused on white opioid users to the detriment of glaxo seymourrces go to white areas. -- it is not that it is being done maliciously but because wealthier communities not to make their voices heard when it comes to opioid use. the squeaky wheel gets the grease. and in this case the grease is news coverage and the government funding that follows it. as an example of one-sided coverage, keller cites a january tooth -- 2016 article. talk about isolated and one side of the county. that's why black communities are suffering. there is no question she says, white opioid addicts are suffering in some of these conditions. we cannot ignore the fact that there are african-americans living this way too. my question is, where are the stories about them?as for pill city many of the associates say they are grateful for the lack of scrutiny. quote Ãif customers were white it would be on the front page. said one pill city member. it would make what we do a lot harder. [applause] thank you. i wasn't going to be that much but i want to give you guys, i wanted to co