j.p. morgan chase. massive regulation reduction tax cuts making us a power house again. long way to go. jobs, jobs, jobs.

j.p. morgan chase and the global cities initiative. he mayor mentioned, i am part of the corporate responsibility group at j.p. morgan chase and i lead, we call it, it's a city strategy. it is new and i've been at this job for about a year end half but when i think about it, it's not really new, it's based on a lot of great work that j.p. morgan chase has been doing both throughout foundation and throw business for a long time. i don't have to tell this group that cities are key drivers of economic growth. i think the senator mentioned it, where people are 60% of people live in cities, 80% live in urban areas. this is where challenges are often the most acute. whether it's income disparity, job growth, housing, public safety, all of these issues are touching down in cities and you are on the front line. i think we've all come to recognize that these require comprehensive and collaborative approach. government can't do it alone. you drive incredible change, but it requires partnership with private sector, the business community, nonprofi

j.p. morgan chase announced they are creating a new healthcare company. >>> three big names in business areming up to help the us workforce. warren buffett, brookshire hathaway, amazon and j.p. morgan chase want their workers to be able to find quality medical care at a reasonable cost. the business leaders say the project is in early planning and have not released the name of the healthcare business but the new cooperative company will be independent as well as free of profit-making incentives. they have not said if there were plans to expand beyond amazon, j.p. morgan chase and brookshire hathaway but they are taking a bite out of healthcare stocks already with them sliding and amazon is on the rise, overall stocks on pace for the worst day since august and it would be the first today losing streak in one month. that dow jones down by almost 350 points with the s&p down 1%. >>> a new report says airbnb is driving up rental prices and housing availability in new york city. the report was commissioned by a union of hotel workers. airbnb listings have removed 7000 housing units from circulat

j.p. morgan chase have an estimated one million employees in the united states. for some more analysis of these plans here is a wall street correspondent yes quarter. the american healthcare system is probably the most expensive in the world some americans are roughly spending three and a half billion dollars per year on health that's roughly twenty percent of total g.d.p. and if you look at the history of health care in the united states the health care system is much more privatized here than it is in europe it started basically old software world war two there was a lack of workers and two of those workers companies started to offer pension plans but also called health care plans and right now we are in a similar situation because we almost have full employment and that could be an incentive for talents for good skilled workers to join those corporations. yes quarter reporting from the new york stock exchange there now today one of a kind cello making its debut at a concert in northern italy right christophe this very creative cello was a sculpted from ice on

j.p. morgan chase they're teaming up to offer their u.s. employees quality health care they say at a reasonable cost now the three c.e.o.'s at the new company will be independent and free from profit making incentives the initial focus on technology that provides simplified high quality and transparent care they say well shares in health care companies took a big hit in early trading on the new york stock exchange hinting at the threat that he entity poses to existing health care structures in the u.s. . when our financial correspondent yes court is a new york for us tracking that story up against what the future of the u.s. health care reform unclear is this a case of businesses seizing on an opportunity or is it a bit of a sense that something is lacking. well probably both but it's a very interesting story first of all the american health care system is probably the most expensive in the world some americans are roughly spending three and a half billion dollars per year on health stats roughly twenty percent of total g.d.p. and if you lo

j.p. morgan chase. jamie diamond. what a statement that guy made.oing to expand branches, 400 branches, which is an 8% expansion, hire 3,000 new people. increase small business lending by $4 million, 20%. everybody -- about 22,000 employees that works in branches and customer support will get pay raises between 9 and 25%. they'll commit $50 billion and hire 500 additional people for home lending to low income families. and then by the end of the month, they'll give low income, the moderate wage employees, $750 bonus, plus they'll take 60,000 low wage workers and give them an additional $750 on their deductible on their healthcare. my god, think about that. >> neil: they're huge numbers. bottom line is, money that these companies are getting from the tax cuts will even though they're free to share it with their shareholders, they're going way beyond that. i don't think the magnitude of that has been appreciated yet. >> there's no doubt among economists left and right that the corporate tax is paid for by the people that can't escape the tax. namely t

j.p. morgan chase a loss of two billion dollars was announced and time to cross over to young correspondent on wall street was much more on that big loss for citigroup yes what is a strategy to cope with that loss. well it is a general a mess of charge and as far as i know it is the biggest quarterly loss in city's history but banks like city but also like dodger bank j.p. morgan or goldman sachs heads to pay the charges sooner or later so now they're paying it rather sooner but in the long run all the big banks are quiet. that they will profit from the tax reform of the u.s. government of paying only twenty instead of thirty five percent in taxes so they're pretty certain that in the long run it will pay off and therefore wall street was rather calm and the stock of citi even saw a slight uptick thanks will be back to short you talk about bitcoin because bitcoin the cryptocurrency that steve i did the financial world has once again taken the faithful on a wild ride into state lost as much as twenty percent of its value dipping below the twelve thousand dollar mark a rumors that the south k

j.p. morgan chase announce they're going to be partnering on a health care plan.eg terrell joins us this is just a brief announcement pretty bare bones there. just getting into early details on this. meg, when you have bezos and buffet and dimon all putting their heads together and throwing their weight behind something like this, you do see stocks immediately take action. >> yeah. amazon has been a huge spectre in the insurance space it's really interesting looking through this release how they say they're creating this independent company that they say will be free from profit making incentives and constraints. really interesting if you parse through it look at the pharmacy benefits managers they handle a lot of the insurance benefits, the drug benefits on behalf of employers. so if you look at express scripts, cvs health and unitedhealth look over here, they're all down 4 to 5% this morning on this news if you look atthe insurers, there is some effect unitedhealth, aetna. the pharmacies, too, this wouldn't be quite as close a hit. walgreens is down, cvs health,

j.p. morgan chase teaming up to offer american stuff quality health care at a reasonable cost the three c.e.o.'s say the new company will be independent and free from profit making incentives the initial focus will be on technology that provides simplified high quality and transparent care shares in health care companies took a big hit in early trading on the new york stock exchange hinting at the threat that you entity poses to existing healthcare structures in the u.s. . and let's go over to the stock exchange we're going to go to standing by for us yes good to see there this is got to be a pretty or could set a pretty amazing president considering that it's usually governments that look after this sort of thing or to take care of this sort of thing the american system of course not being as solid as well as what we have here in europe. well it's a big announcement and the u.s. health care industry is one of the most expensive in the world americans roughly are spending about three point five trillion dollars so that's a three and twelve zeros per year on their health just in two thousand a

j.p. morgan chase. i'm going to go over details. so you mentioned that $20 billion figure, which is certainly worth underlining. part of this is going to be to open branches in different locations. so maybe not just where affluent people live. j.p. morgan chase wants to make an effort to serve more people, expand mortgage lending and certainly boost pay for some of its employees. so this is essentially a five-year investment, neil. the ceo, jamie diamond, asking his team key questions saying due to the tax benefits, we can we do to accelerate growth, good for wages and skills and jobs. as part of the press conference, we had a gary cohn say and the president wants to show that america first but not alone and that america is open for business. so disney adding on there. announcing they'll be giving more than 125,000 employees a one-time bonus of $1,000. and the company is also going to be investing $50 million in a new education program. i think this is great. this goes to hourly employees. they can apply for this. disney says there'

j.p. morgan chase where a loss of two billion dollars was announced. now back in the sixties and seventies the somali capital mogadishu is known as the white pole of the indian ocean among travelers but decades of civil war have destroyed the economy now the country's trying to tap into the booming global tourism industry and rebuild what could become a lucrative sector. this is not the picture that most people in the west have of somalia. conflicts and terrorism of the past decades have shaped the image of goodness african country. last october attacks by islamist militants killed hundreds of people in the capital mogadishu a few foreign tourists venture into the country the still torn by civil war a hostile almost. non somalis are modest numsa modest the muslim people must of been european forty that was the number of international customers he had in twenty seventeen the somali government wants to rebuild the tourism sector last year the country joined the un world tourism organization there are regular flights to mogadishu's international airport s

j.p. morgan chase and berkshire hathaway to create a new healthcare company. >> reporter: it is a very bigtory because many other countries have recently embarked on the same kind of course. amazons jeff bezos, waren buffett, and jamie dimon announced the formation of their own independent health insurance company free from profit-making constraints that will concentrate on technology solutions to provide simplified and high quality transparent healthcare at a reasonable cost. collectively, the three companies are worth more than three and half trillion dollars and employs more than 1 million people. j.p. morgan chase said that three of these companies have extraordinary resources and the goal is to create solutions that benefit our united states employees, their families, and potentially all americans.>> it is particularly exciting because not only of the are, but the sectors they represent.>> reporter: this man is president of his economic institute and has worked on healthcare issues for more than a decade.>> you don't just need these three to do this, but you need a i am from the peopl

j.p. morgan chase and berkshire hathaway to create a new healthcare company.s a deal that could rattle the insurance business.>> reporter: calling the current situation a hungry tapeworm on the economy, amazon's jeff basals and warren buffett announced the formation of their independent health insurance company. it is free from profit-making incentives that will concentrate on technology solutions to provide simplified, high quality and transparent healthcare at a reasonable cost. collectively the three companies worth more than $1.5 trillion employee more than 1 million people. j.p. morgan chase said the three companies have extraordinary resources and our goal is to create solutions that benefit our employees, their families and potentially all-americans. >> it is exciting. or mac michael weinberg of the bay area council, is president of the economic institute and has worked on healthcare issues for more than a decade.>> for any of this to work, you need by an from the people within the company's that will ultimately get better health outcomes and have a bet

j.p. morgan chase announced this morning that because of the trump tax cut they will raise wages for 22,000 of their employees, create thousands of new jobs and increase small business by lending $4 billion. in total is are part of a $20 billion investment plan for which j.p. morgan chase directly credits the passage of the tax cuts and jobs act as well as the president's historic efforts for rolling back job killing regulations. also disney announced over 125,000 employees will receive a $1000 cash bonus in the cup and investing $50 million into a new employee education program. verizon announced today that all their employees other than top management will -- receive 50 shares of stock. about $2500 per employee. they will further share in the company's a -- success. the president is only just getting started. great pleased to see our american workers and families are already seeing the positive effects of his policies. the president will be traveling to the world economic forum litter this week so i brought in a couple special guests to preview that trip. gerry called, who played a major

j.p. morgan chase tax credit.25,000 employees will receive a $1,000 cash bonus and the company is investing $50 million into a new employee education program. lastly, verizon announced today that all of their employees, other than the top management, will receive 50 shares of restricted stock. this amounts to about $2,500 per employee. employees will share in the company's success verizon said in a release. we're one year in and the president is just getting started. we're pleased to see our great american workers and families are already feeling the positive effects of the president's policies. as you know, the president will be travelling to the world economic forum later this week, so i brought in a couple of special guests to preview that trip. nec director gary cohn that played a major role in the tax cut and h.r. mc mastmaster will discuss the trip and answer the questions and then i'll take your questions. general? >> i'm with the general. >> in general. >> thanks very much. >> good to see everyone. thank y

j.p. morgan chase and company and wells fargo and company posted fourth-quarter earnings that were roiled by the lease and -- recent tax overhaul but post -- both forecast they will -- a $2.4 billion charge related to the tax law caused profits to fall 30% from a year earlier to $4.23 billion. even so, chief executive james dimon said the tax law enacted late last year was "a big, significant positive and much of it will fall to our bottom line in 2018 and beyond." other big banks including citigroup and goldman sachs has said the tax law will result in billions of dollars in one-time charges when they report fourth-quarter results next week. they have said those will give way to substantial long-term gains. we have gerald calling in from crowley, the louisiana on our democrat line. caller: good morning. i just do not understand. when barack obama was president, they crucified him for everything he did. when he weighed in on professors in boston and made him apologize to this white police officer, made him sit down with a beer things about these everybody and everybody is just giving him

j.p. morgan chase and berkshire hathaway offered few specifics how they will do it. all three and their ceos have reputations for driving innovation and change. here's tom costello. >> reporter: across the country, we've met the people struggling with skyrocketing health care costs. the sullivan family with an autistic son and so many more. now three mega companies and their influential ceos say they're forming a partnership to drive down health care costs for their combined 1 million employees. billionaire warren buffett saying the ballooning costs of health care act as a hungry tape worm on the american economy. >> health care in america is a a big mess and it comes with a big cost. >> health care makes up a staggering part of the american economy. it cost each american roughly $10,000 a year, more than any country in the year. the new partnership says it will be free from profit-making incentives and use technology solutions to provide high-quality health care at a reasonable cost. how? by using their combined buying power or by cutting out middle men like pharmac

amazon berkshire hathaway and j.p morgan chase are forming an independent health care company for itsloyees. the ceos from the company said the current health care system is confusing and something has to be done. it's not clear how they plan to make the health care more affordable. but the announcement had an impact. the news caused stock prices in existing health care insurers to fall. >>> the 2018 olympic games beginning in nine days. and team usa heading to south korea. one bay area athlete going to the first games but not first for her family. a graduate of the gun high school. they maid the. her mother had won bronze and her uncle won five medals in speed skating. reed got into bi agent lone when she was given her uncle's rifle. she spoke with garvin thomas from germany. she said the connection to family is going to make the games so special for her. >> yes it was a secret hope of mine to make this team before he passed away. so made it. >> oh, reed's olympian mother also gave her some advice, drink water. for more stories on the bay area athletes be sure to tune in the olympic

j.p. morgan chase are teaming up to offer u.s.loyees quality health care, they say, at a reasonable cost. the three ceo's said the new company would be independent and free from profit-making incentives. the initial focus being on technology that provides simplified, high-quality, and transparent care, they said. shares in health care companies took a big hit on the new york stock exchange, hinting that the threat the new entity poses to existing health care structures in the u.s. our financial correspondent jens korte is in new york for us tracking that story. jens, with the future of the u.s. health-care reform unclear, is this a case of businesses seizing on an opportunity, or is it that they sense that something is lacking? jens: well, probably both, but it is a very interesting story. first of all, the american health care system is probably the most expensive in the world. americans are spending roughly $3.5 billion per year on health, roughly 20% of total gdp. if you look at the history of health care in the united states,

j.p. morgan chase said today they were joining forces to provide health care to their , ployees.ews business analyst jill schlesinger is following this. jill, first of all, why are they doing this? >> well, with health care taking up an increasing portion of company benefits, businesses have a vested interest in keeping cost downs and keeping their employees healthy. health care spending now accounts for nearly 18% of the overall economy. that's up from about 7% 46 years ago. out-of-pocket costs have nearly doubled during that time, and health insurance premium increases have far outpaced wage growth. the three companies will try to contain rising health care costs. in essence, they will try to kill off what berkshire hathaway's c.e.o. warren buffet called "the hungry tapeworm on the american economy." >> glor: of course, the big question, jill, is how exactly do you do this? >> well, there are scant details, but they point to leveraging technology and the power of their 1 million toployees to provide simplified health care at a reasonable cost. and this new health care company w

j.p. morgan chase teaming up to offer american stuff quality health care at a reasonable cost the three c.e.o. who say the new company will be independent and free from profit making incentives initial focus will be on technology that provides simplified high quality and transparent. shares in health care companies took a big hit in early trading on the new york stock exchange ending at the threat the new entity poses to existing healthcare structures in the u.s. . and let's go over to the stock exchange where you are standing by for us yes good to see there this is got to be a pretty or could set a pretty amazing president considering that it's usually governments that look after this sort of thing or are meant to take care of this sort of thing the american system of course not being as solid as what we have here in europe. well it's a big announcement and the u.s. health care industry is one of the most expensive in the world americans roughly are spending about three point five trillion dollars that's a three and twelve zeros per a year on their health just twenty sixty and we saw another

j.p. morgan chase has the most assets of any u.s. bank but the new company also faces a steep learning curve as they venture into the health care arena amazon c.e.o. jeff bezos acknowledged the challenge in his statement on the initiative saying the health care system is complex and we enter into this challenge open i had about the degree of difficulty shares of some health care insurance stocks fell on the news. twenty seven european union minister voted on monday to approve conditions for further brecht's the talks that state britain will not have a role. in the e.u. decision making once it leaves the union or during the transition period planned to begin in march of twenty nineteen the e.u. ministers also said that britain will be subject to e.u. laws including any new laws during the transition and for two years after that u.k. bret's secretary david davis play down the announcement and claim that britain will have the right to negotiate pacts with third parties during the transition but the use lead negotiator michel bar and yet

j.p. morgan chase are teaming up to offer their u.s. employees quality health care they say at a reasonable cost will be three c.e.o.'s said the new company will be independent and free from profit making incentives the initial focus would be on technology to provide simplified high quality and transparent kabal shares in health care companies took a big hit in early trading on the new york stock exchange hinting at the threat that the new entity poses to existing health care structures in the u.s. when our financial correspondent yen school it is in new york for us he has been tracking that story yes with the future of the u.s. health care reform unclear that is this a case of seizing a business opportunity old stepping into a gap and providing a service because they find something lacking. well i mean certainly the u.s. health care system is extremely expensive americans spend about three point five trillion dollars each year on their health stats roughly twenty percent of total g.d.p. but they're also might be incentive to join those

j.p. morgan chase are teaming up to offer what they call quality health care at a reasonable cost to their u.s. staff and three c.e.o. say the new company will be independent and free from profit making incentives initial focus will be on technology that provides quote simplified high quality and transparent care and shares and health care companies took a hit in tuesday's training session at the new york stock exchange hinting at the threat to the new entity poses to existing healthcare structures in the united states now for some more analysis of these plans here as all wall street correspondent can score the american healthcare system is probably the most expensive in the world some americans are roughly spending three and a half billion dollars per year on health that's roughly twenty percent of total g.d.p. and if you look at the history of health care in the united states the health care system is much more privatized here than it is in europe it started basically also after world war two when there was a lack of workers and to a correct those workers companies started to offer pensi

j.p. morgan chase and berkshire hathaway combined keep in mind that these are world spanning companies against a central bank with about eight hundred people working there while the swiss national bank is also one of the few central banks with listed shares which doubled in price in twenty seventeen alone interestingly enough the swiss banks filing showed that it owned over nineteen million shares wait for it. apple. toyota and mazda in a joint manufacturing effort will be opening a new car plant in alabama bringing in more than four thousand jobs the new plant comes at the cost of one point six billion dollars and is expected to produce more than three hundred thousand vehicles a year toyota currently employs over one hundred thirty six thousand people in the united states and last employs around twenty five thousand throughout the united states foreign automakers employ directly or indirectly over one point two nine million people. data data and more data there's so much information in today's goober complicated technology world plus software quickly becomes outdated how do we capture and us

j.p. morgan chase has the most assets of any u.s. bank but the new company also faces a steep learning curve as they venture into the health care arena amazon c.e.o. jeff bezos acknowledged the challenge in his statement on the initiative saying the health care system is complex and we enter. are into this challenge open i had about the degree of difficulty shares of some health care insurance stocks fell on the news. twenty seven european union minister voted on monday to approve conditions for further brecht's the talks that state britain will not have a role in the e.u. decision making once it leaves the union or during the transition period planned to begin in march of twenty nineteen the e.u. ministers also said that britain will be subject to e.u. laws including any new laws during the transition and for two years after that u.k. bret's secretary david davis play down the announcement and claim that britain will have the right to negotiate pacts with third parties during the transition but the use lead negotiator michelle bar a

j.p. morgan chase looking to reduce costs and improve employee satisfaction.hey are creating an independent company focused on technology solutions that they say will be free from profit-making incentives and restraints. express scripts and cvs trading lower. the iphone x price is too high for the device to fuel the super cycle of sales. wall street sales estimates for the next two quarters are too high. that is your latest business flash for this hour. mark: take a look at where european equities are trading into the close. today,d dax lower falling for the fourth day in five. i will leave you with the currency board. a data heavy day for the euro zone. stronger foring the quarter -- tomorrow, consumer price inflation. the closes three minutes away. -- the close is three minutes away. ♪ mark: live from bloomberg's european headquarters in london, this is "the european close." i'm mark barton with fine quinn. vonnie quinn.- two industry groups rising household goods. the others declining. wentarted in asia and through europe and the u.s.. 600 highlights the st

j.p. morgan chase has the most assets of any u.s. bank. but the new company also faces a steep learning curve as they venture into the health care arena amazon c.e.o. jeff bezos acknowledged the challenge in his statement on the initiative saying the health care system is complex and we enter into this challenge open eyed about the degree of difficulty shares of some health care insurance stocks fell on the news. twenty seven european union minister had voted on monday to approve conditions for further brecht's it talks that state britain will not have a role in the e.u. decision making once it leaves the union or during the transition period planned to begin in march of twenty nineteen the e.u. ministers also said that britain will be subject to e.u. laws including any new laws during the transition and for two years after that u.k. bret's secretary david davis play down the announcement and claim that britain will have the right to negotiate pacts with third parties during the transition but the a use lead negotiator michelle bar and yet

j.p. morgan chase teaming up to lower health care cost for their employees.coomes is here to tell us about about it. >> health care stocks are getting hit today because the new venture with berkshire hathaway and j.p. morgan chase to bring down costs could be just as disruptive large employers push to lower costs, what's different is the three are forming their own company to do this they say they'll use technology to create transparency and a better experience for their workers and drive down cost. to do that, they'll still need claims data which means they'll have to work with insurers analysts also say they're not likely to cut out the pharmacy middlemen, either. suppliers, in fact, today, aren't down as much as some of the benefit firms because of the need to secure drugs and have licenses for that. now, the industry is saying they welcome the news, got that from express scripts and cvs health still, as mercer benefits con l consultant tracy watts says, this puttins health care on not. >> let's bring in ron williams, the former ceo of aetna. thank you for

j.p. morgan chase and operation home front. she is now in the national guard and works for the v.a.e bad. this genius gives iphone battery a taste test and it literally blows up in his face. take a look. [explosion] jillian: i don't understand. store in china. he was reportedly trying to see if the battery was real by biting it. yeah, it's real. jillian: smart. finally, the ugly, a reporter gets tripped up on live tv. [speaking foreign language] jillian: the woman slipping and falling to the floor giving the forecast in switzerland. it's not clear at this point why or how she lost her balance. do we know if she is okay? rob: i assume she is. at least we know she is in switzerland which we learned today is the greatest country in the world. jillian: we did learn that today. thanks for watching. rob: see you later. >> the trump-hating fbi agent peter strzok makes stunning revelation about the russia investigation. strzok said there is no big there there. >> what this is all about is further evidence of corruption at the highest levels of the fbi. >> more u.s. companies giving back tha

j.p. morgan chase and wells fargo driving stocks further into record territory.n expected earnings which is the theme. stocks went straight up when the opening bell rang. analysts are banking on a strong year for corporate earnings. right now this is a look at the indexes. the dow up almost 200 points. just crossing 25,000. .75% up, the nasdaq anymore than .5%, the s&p 500 it is up almost .5% as well. tesla is bringing the new model three two bay area stores. tesla hosted a private party in palo alto for customers on the waiting list to see the car for the first time. the model three is the first entry-level luxury car. 455,000 people are still waiting. they have reserved the car but production challenges have prompted delays. people last night say that it is worth the wait. >> anytime there is new innovation a lot of times it takes longer. i would rather they take their time. >> i have a big gas guzzler right now. i think this will be a nice fashionable way and beautiful way to sort of do our part. >> the standard model three is $35,000, the premium with extende

j.p. morgan chase. d it would cut more than 20% of its workforce and exit the drone business. >> bloomberg has just reported that j.p. morgan has been advised of a potential sale. can you confirm this? if so, how far along in the process are you? >> i can confirm that j.p. morgan is our banker, but we have not engaged them to help us sell the company. if there were an opportunity for gopro to partner up with a larger organization that could help us scale, scale our brand, our reach to consumers, then that is certainly something that we would consider, but it is not something we are actively engaged in at the moment. >> fourth-quarter profit missed the estimates by almost $1 billion. they were lowered by chip prices. a stronger yuan eroded the value. what is the biggest challenge here for this business? >> the fact that there is a big gap between the estimate and the actual earnings just announced, it means a lot for the company. actually, you would want to blame the memory chip prices leveling off. what

j.p. morgan chase and goldman sachs about these issues. what did they say?t of men and women in the industry will say, one recently are not hearing anything is because things got better after the lawsuits in the 90's. maybe we are not hearing anything. julia: did you talk to men, too? they are horrified by what's coming out. i started thinking, a small minority of people getting badly. there are a lot of people out there, a lot of men that are horrified that say, we are getting a bad name. the whole gender is getting a bad name here. this is something of individuals acting badly. max: there are some men responding to the #metoo phenomenon feeling victimized. -- i'mre men i talked to sure you are right when you say some men are horrified by the behavior of it -- the hager. but i have to -- behavior. but i have to tell you to, these men are basically like, things used to be so much fun another is so many rules and fear and embarrassment and i wish we can go back to the old days. they act almost as if, the way wall street men talk about new regulations, that it

j.p. morgan chase announced raises for 22,000 workers with a $750 bonus for workers and a savings of $750 on health insurance costs. this is what ms. positivity debbie wasserman schultz and thought about it all. >> $1000 does not go very far >> 1st of all, starbucks just announced $2000 bonuses and is wrong on that and secondly the pay raises and bonuses total in the billions of dollars benefiting 3 million american workers and counting, debbie according to american for tax r. if you put the american worker 1st, not your party, you will not have to be such a sour plus. stay with us, we will be right back and are very, very >> laura: okay, before we go, i want to hear what you think about president trump's new immigration plan. 1.8 million undocumented alert, illegal immigrants get a pathway to citizenship, full funding foe wall, and the visa lottery, kind of. so tweet me and react to my interview, as well. we'll be doing more of that tomorrow night. have no fear because shannon bream when the "fox news @ night" team are all over this evening's big news developments. shannon. >> shannon: t

j.p. morgan chase -- arthur actual competitors in that respect? -- are they actual competitors in that respect? adena: i think that the large credit card companies are extremely great -- they are huge transaction processors. what we provide is more of exist betweenhat the buyers and the sellers. erik: if we are talking about potential competitions, we should talk about cryptocurrencies. how long will it be before nasdaq has its own bitcoin futures product? adena: we have been working with the industry and a great partner to look at whether or not it is the right thing for us to do. i think we are still evaluating that. we have been talking with the industry to say is this something -- we have two bitcoin futures out there, so is there a different construct we have come up with, with that be of interest to you? you want to use it differently than how it is being used today. secondly, we have to self certify as a futures exchange for this. if we use our nfx license to do that, and do that from a risk management perspective, we are fully prepared. er

j.p. morgan chase, disney, starbucks and fedex all announced increased investment in american workers. j.p. morgan chase announced that it will raise wages for 22,000 workers, add thousands of new jobs, and open 400 new branches in the united states. it also plans to increase its lending to small businesses. disney will invest in employees' education and provide employee bonuses. starbucks is raising wages, increasing benefits, and rewarding employees with company stock. and fedex announced plans to expedite raises and invest $1.5 billion to expand its fedex express hub in indianapolis. it's also making a $1.5 billion contribution to its pension plan. and to top it off, yesterday exxonmobil announced that thanks in part to tax reform, it will invest an additional $35 billion into the u.s. economy over the next five years. that means a lot of new jobs and opportunities for american workers. mr. president, stories like this are why we made business tax reform a key part of the tax cuts and jobs act. obviously a huge priority was immediately lowering americans' tax bills, which is why we l

j.p. morgan chase will form a new company together to provide better healthcare benefits for their u.s. workers. b buffett called rising costs a vivid tapeworm. these in company they will create will be free from profit making and constraints. that got a lot of attention, they could disrupt healthcare and that disrupted healthcare stocks. shares tanked yesterday atop insurancer united health fell 4%, drieving the dow down 360 points. the worst day since may for stocks. >> the president made a lot of big claims on unemployment, tax cuts, terror and more. were the claims factor fiction or was it a mix? we will break it down from washington. >> harey, christine and dave, t president made huge claims of what he has done for jobs. >> since the election, we have created 2.4 million new jobs. including 200,000 new jobs in manufacturing alone. african-american unemployment stands at the lowest rate ever recorded. >> of course, the recovery started under barack obama it has however continued under president trump, and president trump has his numbers right. african-american unemployment while muc

j.p. morgan chase announced raises for 22,000 workers with a $750 bonus for workers and a savings of $750 health insurance costs. this is what ms. positivity debbie wasserman schultz and thought about it all. >> $1000 does not go very far >> 1st of all, starbucks just announced $2000 bonuses and is wrong on that and secondly the pay raises and bonuses total in the billions of dollars benefiting 3 million american workers and counting, debbie according to american for tax r. if you put the american worker 1st, not your party, you will not have to be such a sour plus. stay with us, we will be right back and are very, very positiv. crohn's disease. you're more than just a bathroom disease. you're a life of unpredictable symptoms. crohn's, you've tried to own us. but now it's our turn to take control with stelara® stelara® works differently for adults with moderately to severely active crohn's disease. studies showed relief and remission, with dosing every 8 weeks. stelara® may lower the ability of your immune system to fight infections and may increase your risk of infections and cancer. som