lilly, you can see a very cute golden retriever is 35 years old. she looks sort of puppy like with long legs and a long snout. she knows her name and will respond to the namelily. yesterday she was wearing a gray and red harness and pink leash. sfpd says if you see lilly, live and in person, staring at her, don't approach her or the suspect but call 911 and they will send out a unit and if you think that you've seen her maybe earlier in the day or yesterday, you can go ahead and call the northern division station. live in japantown, kate larson, abc7 news. >> we are hoping for good news soon. thanks. >>> in the east bay now, police are searching for two men suspected of killing another man at a motel 6 in concord. 32-year-old adam renfro and 40-year-old robert brown are suspected of shooting daniel schrader. he was found with gunshot wounds an the motel 6 on clayton road and later died in the hospital. officers believe is the suspects were holed inside a bay point home yesterday but a standoff dime an end with neither men located. renfro and brown

that is joshua smiley, eli lilly cfo.ing up, mark stoeckl ceo, and bonnie wongtrakool, western asset management. this is bloomberg. ♪ ♪ alix: goldman sachs raises and warns. earnings estimates need to come s&p and see 3400 for the next year, while others crash and burn. trump says the u.s. has all the cards. the president says if and when he wins the white house in 2020, any trade deal with china will be a lot tougher than the ones officials are looking at now. central banks try and race to the bottom. says hispresident amlo country's interest rates are too high. policymakers looking at the fed as it kicks off its today fomc meeting. david: welcome to -- it's two-day fomc meeting. david: welcome to "bloomberg daybreak." president trump saying they haven't lived up to their bargain in buying a cultural product. alix: not only maybe they don't need it as much, because it is all about the pigs. you don't have the pigs because of the swine, so you don't need the soybeans to feed the pigs. david: the other half of the deal as

merck's shares finished higher and eli lilly lower. meg tir rrell takes a look. ular, a vaccine called proquad, driven by demand amid the record measles outbreak in the nate. lilly's results were boosted by drugs for cancer and rheumatoid ars as well as a new drug fo migraine. it came despite cialis facing generic copies after loss of patent >> what we need to do is invent new things at a r fastere than we lose the patents. >> reporter: the companies raised their forecast for the ul full-year rest following similar moves from johnson & johnson johnson & johnson a bristol-myers. the upbeat tone from the industry is at odds with gt wash, where the price of prescription drugs are being focused. alex azard joi the administration after leaving lilly. >> i am working with congress te change rules of the road so they have the financial incentives to have prices go >> democratics are focused on the issue as well and with a iacond set of preside debates tonight investors are bracing for the impact on stocks. >> i think the democratics will come outhe ll-out the merger ann

blog, andrew it is called "the lilly pad.107 could make a difference you saw the need to actually respond to that proposed legislation. what would it mean if medicaid caps were changed and whether it was retroactive or not for part b? >> first of all, there's a lot of ideas in the field right now, maybe too many ideas we come back to the core principles of the key issue in the u.s. is not the growing cost of medicines to the health care system in fact, this quarter we are reporting now our net price dropped 4%, again. we have had a series of quarters in a row where net prices are dropping we are growing volume through that by reaching more patients the real issue is the out-of-pocket costs at the pharmacy counter due to bad benefit design one idea we like quite a bit is the senate package that proposes to put a cap on part d, out-of-pocket expenses part d is the senior program for retail drugs it is one of the few insurances out there that doesn't have an out of pocket cap. that's a good idea, but there's lots of bad ideas in

a big example, eli lilly.hat is unique here is that it is actually selling off drugs that they develop. the question is, if you do that, you might get a return on them, but you are also losing substantial cash flow. merck, they do have a subset of kind of interesting older branded drugs that are dragging on sales. if they get rid of those, they are almost entirely dependent on one medicine. that is a pretty scary proposition and i think why they might not follow pfizer even though you hear some analysts saying they should move on. caroline: the hope is that you can just concentrate on earnings. how is it looking to you? time: it is an interesting to be covering the sector. i think a lot of eyes are looking toward washington. we are seeing legislation being proposed out of the senate, bipartisan legislation. it is specific to drug prices and that would be a headwind for the industry at large. alsong forward, we are china,g about trade, growth opportunities. romaine: going back to the m&a for a second, even prio

this week, pfizer, and today, merck and lilly. pfizer did lower its guidance.ck and lilly out today with beats and raises some interesting stories if you dig down into the numbers and look at their drug performances. let's start with merck keytruda is their huge cancer drug, and they go from success to success in terms of where this drug works. contributed a lot to their beat in the quarter but check out proquad, this is the measles, mumps, rubella vaccine, combined with chickenpox they put all that into one vaccine. that contributed $there 21 billion to their beat, which speaks to the fact companies are stocks up in this time look at eli lilly. remember, bernie sanders referred to pharmaceutical executives as murderers. he was talking about insulin, companies who raise the price of insulin over time. that missed estimates in the quarter. so did another older insulin from the company not all the insulin products missed estimates, but they're not printing money on these things as much as wall street expectations thought it was going to >> very interesting. not j

tim talked about lilly at a level, this stuff has the potential to snowball, especially when tape bombsout of washington there's a one-year chart right there. it had a nice bounce over the last month it has consolidated a little bit between 92 and 94, which might be one reason for the choice of that 92 1/2 strike let's look at the five year. it has not had the outperformance some of the other s&p sectors had here but consolidated between 85 and 95 over the last year or so so to me looks healthy we know there's a lot of good balance sheets in there and also a lot of headline risk in that sector to me, i look at this activity and say it is probably short term protection. >> more "options action" on the full show friday at 5:30 p.m. eastern time. >> karen finerman will be on "oa" next week how exciting is that >> i'm thrilled. >> it is quite a preview. >> it is unbelievable. >> hang in there she will be there. >> yes, two fridays from there team retailer american eagle jumping on board the cbd craze and a new deal to sell the products in store but will the millennial bet pay off for invest

the dog's name is lilly a she's been returned to the family. so it is a happy yesterday afternoon in japan town police to say this man that you're looking at there was seen on surveillance video and tying lilly's leash and then walking away with her then around 10 30 last night, a police officer saw a couple walking a dog that matched lily's description in the tenderloin neighborhood saying that they found her police are now looking for the suspect who initially took lily. >>the coast guard has returned to the bay area after a recent operation this video shows officers, jumping on a submarine. they say was carrying 17,000 pounds of cocaine this is in the pacific. the drugs valued at more than $569 million kron four's charles clifford has more from coast guard headquarters in alameda. >>all right coast guard island here in alameda and take a look behind me here this is the coast guard cutter monroe was just returned to alameda here and talked about 9 o'clock on monday morning other monroe had been on a 98 day deployment mainly in the eastern pac

he's an award-winning teacher and the author of many books eli lilly, lynching in the heartland. for the boys and american woman in world war ii. book is recent

a.m.li lilly ceo at 7:30 in new york.s of that now. when i was in the united states, this was a different discourse. of an anti-mexican discourse. but now, president trump is more moderate. no, we are doing fine. we are doing fine and doing well. the economy is not growing as we would want it to grow, and on the other hand, there are no risks of recession. we have other indicators as well that show that the economy is fine. for instance, the peso has been strengthened. this is the currency with the levels inrength and the world. scarlet: that was mexico's exclusivelyeaking with john mickelthwait in mexico city on monday. we want to welcome back lindsay piegza. in that wide-ranging conversation with the president of mexico, they talked about the usmca. ratifieds., it has not and we see how business investment has been slowing, leading the fed to put emphasis on that as a cause of concern. what is your thinking on usmca and how much it is holding back distances from doing what they need to do? lindsay: we talk about lack of

saturday somebody took lilly outside of japantown market. there had been no arrests. dog away, but police say an officer spotted the dog in union square, and thought hey, that's lilly, and that police officer was right, and so now the dog is back with her owner. >>> right now, condemning president trump. the house could do that today. a vote nancy pelosi is holding to get republicans on record for those racist tweets. >>> plus -- >> it's scary. it's scary. >> an early morning shooting in the south bay, what witnesses told us overnight and who police are looking for. >>> banning facial recognition. san francisco already made history. tonight protests erupt over amazon's facial tech. "today in the bay" continues right now. >>> good morning, everyone, and thank you for joining us. i'm scott mcgrew. marcus washington has the day off. >> and i'm laura garcia. let's check that forecast right now kari. we'll get to that commute in a moment. >> okay. >> your time is coming my friend. the day looks pretty good. >> looks pretty good, starting out with sunshine in the south bay.

the quartet of regan smith, lilly king, kelsi dahlia and simone manuel beat their own record with a timeng positive for a banned substance she says she did not knowingly consume. it forced her withdrawal before the championships began. swimming australia said she was notified of the result following an out—of—competition drug test onjune the 26th this year. she was suspended from the australian team and sent home from its pre—worlds training camp injapan. jack said she and her team are doing everything they can to find out when and how the anabolic agent ligandrol ended up in her system. cricket, and sri lanka have beaten bangladesh in the 2nd 0ne—day international in colombo on sunday to clinch the three—match series with one game to spare. it's sri lanka's first series win at home for nearly four years. bangladesh elected to bat after winning the toss. mushfiqur rahim pick of the bunch, top—scoring with an unbeaten 98 as the tourists made 238 for 8 from their 50 overs. in reply, avishka fernando laid the foundations for sri lanka's victory with 82 off 75 balls. angelo mathews hit an un

excuse me, eli lilly, excuse me, how much does this cost? they don't tell you because it's shocking sometimes for them to tell you that some of these drugs cost thousands of dollars, and perhaps getting rid of that little red patch on your elbow of psoriasis isn't worth $5,000 a month, if you knew the price. so senator grassley and i put in the bill last year and passed it in the senate. how about that? it happens so rarely around here. we passed in the senate a bill which required the drug companies to disclose the actual list price that they list for the cost of the drug. passed the senate and it got killed in a conference with the house when the pharmaceutical companies came napped said we don't want to tell anybody what these drugs cost. so then i get an interesting call from the trump administration. notice i'm on the democratic side of the aisle so i'm surprised. dr. azar calls me from health and human services and says we like your bill. the president wants to make your bill a law. so we're going to pass a rule that requires drug comp

taylor: i want to talk about eli lilly, which we heard from this morning.hing that stood out to me --that you have the top line they were managing to boost their forecast for earnings per share. does that concern you that they are cutting back on r&d or reinvestment in the company they see better than expected bottom line even though you are not going the top line is fast? riley: the cfo told me that they are investing heavily in r&d. earnings for lily this morning was a bit of a complicated one. overall you will see that investment still. guy: how much of a headwind is the dollar for this sector? riley: it has been a slight headwind. every company has taken into account. again, all focused is on washington and broadly generic drug pricing headwinds. something else we reported today, mylan is part of an ongoing investigation from state ag's into alleged generic drug price fixing. the doj has had a half-decade-long probe into this matter as well. you will see additional two gals surrounding the generic industry unravel today. -- additional details surroundin

you can see lilly tied to a post and all of a sudden somebody untied her leash and walked away with the dug at 5:00 last night. lily's owner told us the golden retriever is a gifted therapy dog. >>> developing news on barry, now a tropical depression as it dumps rain on the gulf coast. streets are already submerged and in addition high surf swamped coastal areas. >> tropical storm barry sparing new orleans. beyond lucky. we were spared. >> reporter: tropical storm barry pushed inland, and it was downgraded as it weakened over land. >> seems like those bands moved closer to new orleans and it went around us. >> reporter: but more rain is on the way. >> this storm has a long way to go before it leaves the state. >> rescue crews worked through the weekend and the coast guard airlifted residents to safety as floodwaters surrounded their homes on saturdy. >> the people are very well protected. we have no flooding in here. first time this -- we never had nine foot of water where these people have not gone underwater. it's a great day that these levees do work. >> forecast shows days of rain a

the owner, jennifer spent the weekend trying to track down lilly, and again, she did. we just learned the dog has been found safe. we're going to learn more details about how and where the dog was found. >>> testimony continues tomorrow in oakland's ghost ship fire trial. prosecutors are expected to present rebuttal witnesses. last week derick almena took the stand in his own defense. he was at times remorseful and at times defiant, claiming he would never put his family in danger, placing blame on the city and the owners of that warehouse for that deadly fire. almena and max harris both face 36 counts of manslaughter for that 2016 fire. after rebuttal witnesses, there will be a break until closing arguments, which are set for the week of july 29th. >>> fresh off making a daring drug bust on the high seas, the coast guard crew on its way back home to alameda where it will arrive in the morning. >> just incredible video. and it went viral. you can see a guardsman jumping from the cutter based in alameda on to a submarine filled with drugs. he is going to be pounding on

. >> the project was started by lilly tartikoff who challenged katy perry, will smith, jimmy fallon anddo you like the sprinkler? >> but our fave? check out country crooner thomas rhett, he danced in front of 20,000 fans at his concert. >> he pulls out a little dance to james brown. >>> okay, we have moved off our stage, because for this next story, we felt we needed a little bit of intimacy. get ready, folks, for our first look at j.lo's "hustlers." >> front hook, ankle hook, knee hook. from here you can do the carousel. >> my arm is still recovering and my back. >> i would say that was the hardest thing i ever did but it was worth it. >> j.lo dove so deep into her role playing a stripper, she visited a strip club, and much to the delight of her fiance alex rodriguez, he got to tag along. the dedication to her craft left her fellow cast members in awe. >> it took everything in me to keep my jaw closed because she's it's not j.lo, it's different person and it's so not a performance. >> j.lo also produced the movie and cast cardi b. in her first movie role, a natural fit for the ex-strip

i know a little bit about the eli lilly product. it's called humalog. humalog was introduced in the american market in 1999. an insulin product. and the charge was about $20 to $30 for a dosage -- a vial, i should say, which is used as a dosage for those with type one diabetes, type two diabetes. about $31. so here we are 20 years later. how much is that same vial? $329. remember, this was a drug discovered almost 100 years ago. remember those who could have capitalized and made a fortune off of it surrendered their patent rights. how did we reach this point where this drug in 20 years is ten times more than it cost when it was introduced? it's the same drug from the same company. why has it gone up so much in price? because they can do it. because these pharmaceutical companies have the power to raise their prices, and people like that little girl in my office from jerseyville, illinois, who broke down in tears can't control how much that price will be. and they need this to survive. so now you must ask yourself what are other companies paying for exac

we're in a crisiin america. >> reporter: in statements to the newshour and in public testimony, eli lillyordisk and sanofi blame high- deductle insurance plans and payments to pharmacy middlemen for the out-of-pocket costs borne by patients. "r example, sanofi said, we believe lowering list prices alone will not necessarily result in lower out-ofocket costs for most patients at the pharmacy. this is why we have not dropped the list price of our insulins"" the companies all say they offer coupons and discountto help defray the price of insulin. the patients we talked to said it was dficult to qualify for these assistance programs. some 16 hours later, the bus crosses the border to canada, arriving well after midnight in london, ontario. >> we made it! >> reporter: the next morning, the logistical problems continue for nystrom. multiple pharmacies have turned the group away, not wanting the media attention. >> the insulin's here, let's go and get it! >> reporter: the group finally loads onto the bus and heads off to a local walmart. at a pharmacy inside, one by one, they fill their prescrip

officers spotted lilly the next day. we saw as she was returned to her owner. >>> bail has been set at more than $100 million for two men accused of robbery at the sun valley shopping center. police say the armed suspects forced employees into a secure cash room at an arcade in may. concord police arrested vince timmons and gary he w . >>> part of building a better bay area involves pride in your hometown. the sharks are teaming up with others to make a massive mural happen. the har tift behind the piece is familiar with the bay area, bringing other artwork to san francisco and oakland. abc 7 news reporter amanda del castillo has our story from san jose. >> reporter: something caught the attention of people along the alameda in san jose. it's the new large scale free hand mural marking sharks territory. >> i love it. i'm a diehard sharks fan from the beginning. so i love it. >> reporter: the san jose sharks commissioned an austrian artist known for his anatomy-based x ray styled worked. >> i didn't like it in the beginni

other notable companies reporting include eli lilly, under armour, mastercard, and pfizer. mostly lower yesterday with banks, retailers, and communications companies taking the brunt of the selling. the dow finished up 28 while the s&p 500 lost four. the nasdaq gave up 36. >>> uber is slashing hundreds of jobs. the ride-hailing service says it is laying off 400 staffers from its marketing unit. that's about one-third of that division which had more than 1,200 people. the cuts are expected to take place in multiple offices around the world. uber employs almost 25,000 people worldwide. the ride-hailing company has been under increased financial pressure since disappointing ipo in may. in the first three months of 2019, the company lost over a billion dollars. >>> european budget airline ryan air is looking at flight cuts and job losses if deliveries of boeing 737 max jets keep being delayed. the carrier's ceo says it was supposed to get 58 max jets by next summer. ryan air now expects only 30 by then. the faa grounded boeing 737 max jets in march following two deadly crashes

we are complacent thinking about the s&p going to all-time high, but you had lilly at a level, i thinkas 105 on the opening. some of the groups without a lot of support right now underperforming in the market, i think there's risk to them >> when johnson & johnson had that flush, again, it was one of those surprises that the market wasn't expecting this was a period when actually markets didn't need another stalwart and certainly a back stop stock to fall out of bed. i think this about johnson & johnson, relative to its peer and relative to the multiple they get on their pharma business effectively, i think it trades quite chief and they have more growth than their peers when you look at the diversification of the conglomerate, there's other places for them to mitigate this ultimately i think you have an opportunity here you don't have it today. it is clear that there's still, you know, a lot of regulatory risk, but this company is, again, one of the best of three. and i don't think you run terribly far. >> very few things are bipartisan today in congress and in d.c bipartisan is the h

lilly was a stunning woman, there was no other way to describe her. she was a most is call as george. full bosom with a narrow waist, fun-loving, very witty and adventurous. george fell in love after a few weeks and he wrist the dmi by violating the law and rules and ran up to her house in the evenings where she lived with her mother. on their wedding night in 1902 marshall learned that lily could not risk pregnancy due to a heart condition. the childless couple must've had exchanged dozens if not hundreds of letters in the 25 years of marriage. none survived, lots were destroyed. but one survived and was given to the marshall library. it was written in 1917. by george parshall to lily when he was in france in the first world war, he had a major role in the first world war. taking into account the youth and is him, is suggest intimacy of a sexual nature and in 1927 lily survived a risky operation to remove damaged or infected thyroid that was set to aggravate her heart condition. she survived. days later, she was seated at her desk in the hospital in

of whom have already been displaced in this war in northwest syria good to speak of you had david lilly joining us there from washington thanks for being with us. how the wider issue of children in the world's conflict zones is the subject of a new report of the united nations for now it is only been given to the 15 member states of the u.n. security council but al-jazeera has obtained exclusively a copy of our diplomatic edited james bays has been reading it. this report comes out every year it makes very grim reading it's from the secretary general of the u.n. to the security council it's not yet been published but al-jazeera has obtained a copy of the report in recent years it's become a political hot potato with 2 countries not wanting to get mentioned in this report and that's israel and saudi arabia it's pretty clear to me from reading this report that there's been political pressure again because inside the report it says that israel's responsible for the highest number of deaths of palestinian children 59 in 2800 for 5 years and yet at the end of the report the amex which lists

the migraine drug is really not as effective as people think on acute care this is a good moment for lilly been so stupid owning that. i've been trying to buy stuff at cvs every day to boost that quarter. >> yeah, my family seems to have bags coming from cvs a lot although, they're going to get rid of those plastic bags, maybe. >> single-use plastic bag, forget about it. >> and the receipts. >> love the receipts >> the millennials hate the paper they use millennials are amazing. i mean, wow. they hate dow chemical so much >> this was a $70 stock not that long ago >> you have amazon in the front of the store, right? >> yeah. >> hurting them. then in the back of the store, you have the rebates, but the rebates looks like they're back. and by the way, the front of the store is run better than it used to be. you talked to brian cornell, he likes -- remember, there's a cvs in target. and it's doing okay. david, it's a wellness company can walgreens ever be a wellness company when they sell tobacco i cannot wait until your special. can i talk about it yet? >> oh, yeah. we're promoting it monday

. >> i can't describe how important lilly is to me. she is like the hugest source of joy in my life. i can't believe i got her back. she was lucky enough to be found by the kindest dog lover who took care of her last night. i can't believe how lucky we are. i have no words to describe what happened. >> in your family, you have been through a lot. you have been struggling with ment at health issue and he's like a therapy dog. >> she is not registered or official, but she's the most gifted therapy dog ever. that's kind of why she is so important to us. i can't believe we found her. >> i can't believe it either. this is amazing. i did speak to a police sergeant who said we would find them. the officer brought out his dog. we have to wrap. since you are the star of the show, who is this? >> gus. >> good job, gus. a happy ending. >> very happy. >> it doesn't get better than this, guys. i'm kate larson. >> lily and i say thanks and have a good night. >> i love it, kate. great work by sfpd and everyone involved. i could watch that the rest of

. >> in what i'm sure most people think is lilly white iowa. >> correct, yes. today who said, really, in storm lake, iowa? many are migrant students, many are refugees. >> the undocumented immigrants that live in this community now, are they living in the shadows here? >> yes. the police chief tells me about it. this is called vista estates. it's a mobile home park. >> is this an area where freshly arrived immigrants -- >> yep. >> his name is mark prosser and he came here from east st. louis. you can view a variety of national studies, nonpartisan, bipartisan studies that repeatedly put outdata that say that immigrants commit crime at a lower rate than native born americans and that undumed immigrants commit crimes at an even lower rate than that. >> have you seen that play out here at storm lake? >> i have seen that play out. last year in 2018, our annual report, we were more diverse now than we've been in the history of this city. we experienced a 27-year low in serious crime. if you have folks that are living in the shadows, and we certainly do, that are afr

what i'm waiting for is for pence to step up and say, wait a second, eli lilly is a great company.ch. apparently taking on the pharmacy benefits will cost a couple hundred billion he doesn't want that but going after the drug companies is easy. it's easy. j&j there was a recommendation today, very, very positive j&j has a lot of oncology. lilly is down to 105 oh, my oh, my they just had good news about -- for acute for the migraine drug. 105? that's extraordinary that's very surprising wow. people just -- i guess people feel it's going to be an endless battle where he will pick seven or eight companies. >> there's a sense that the plan b, so to speak, of how he's going to address this could be just as -- just as vicious >> well, we are seeing the cignas of the world got a big boost but the health care story, these companies were all about to report good numbers, i was very excited about them with the exception of dollar exposure it won't matter if the president is after them. j&j is down, very positive piece. what does that tell you? the money is going right back to tech holy cow >

i couldn't afford my insulin because eli lilly and others refuse to control the cost of insulin. it almost cost my sister her life. price gouging is killing people. these pharmaceutical companies are committing murder and getting away with it. you all as leaders have some say so in making a change. while young people continue to die from rationing, you're just as responsible as people profiting over their lives. change for this issue won't be a sprinlt. the marathon continues. and as a patient advocate like me, i will not stop speaking out until you find a way to put an e end to the insulin crisis in america. no matter how long it takes, we will build numbers and demanding change because our lives depend on it. >> thank you very much. miss holt. >> chair cummings, ranking member jordan, members of the committee, thank you for inviting me to share my story. my name is pamela holt. i am from grainger, indiana, just outside of south bend. at the age of 40, i was suddenly widowed when my husband died from a sudden heart attack. i raised three children on my own. i was fortunate at th

the video shows a man, approaching the 6-year-old golden retriever named lilly while the dog's owner went inside the market at post and webster on saturday night. the suspect calmly untied the dog's leash and walked away with her. the man seen in the video was later spotted getting off the muni bus at san bruno. anyone with information about the case is asked to contact san francisco police right away. >>> we return to our coverage of the crisis at the border, getting a better idea of the living conditions at detention centers from two bay area lawmakers. >> they toured the facilities at the texas border over the weekend. ktvu's ann rubin here with their reaction. >> real stunning pictures coming out of that area. just got back from their visit to the seeing those conditions firsthand. they say things aren't as bad as you have heard. two u.s. lawmakers from the bay area visited migrant detention centers in texas. but unlike the previous visits. >> we were insistent on being able to take our phones into the detention centers. >> reporter: there is the apparent sound of crying children

qualcomm, there is credit suisse, fiat chrysler, eli lilly, and the in the big pharma announce whatoulda talked about merger with its drug unit, off label or off patent deal. that could be announced as early as monday. that is expected to cause the entire field of generic companies to rally. that could bring these three companies alone a lot higher, put them in the spotlight. anticipated move, we get 45% of the company. it is really a boost for the generics. look up the other names because we not only have tech but also food companies and big oil, chevron and exxon at the end of the week, beyond meat, a new ipo that will have its first report. then you have big titans like -- former titans like general electric and kraft heinz. what they have to say about the economic crosscurrents and the trade situation will be of interest to investors as well. focus on one of the current titans, apple. what is expected? su: a lot of analysts are expecting lower profit, flat sales. some are very much focused on what they say will be the services. as apple moves away from its sales of iphones, what it

we'll get reports from merck, under armour, procter & gamble and eli lilly before the bell.y for apple after the close. it's tuesday, july 30, 2019. one more day in july, i think. "squawk box" begins now. ♪ >>> live from new york where business never sleeps, this is "squawk box." >>> good morning welcome to "squawk box" on cnbc. we're live at the nasdaq market site i'm andrew ross sorkin along with joe kernen and melissa lee. becky has the day off today. the dow looks like it would open off about 40 points. nasdaq down about 28 points. the s&p 500 also looking off, but we'll call it 6 1/2 points for now. let's show you what's happening overnight in asia. a board of green arrows across nge board.

he's an award-winning teacher and the author of many books eli lilly, lynching in the heartland. doughnuts for the boys and american woman in world war ii. book is recent hoosiers, a new history of indiana, which is on display outside. many years he co-edited the indiana university press series and culture, tory which included a book he edited comparative history's of the midwestern states. very proud, in a modest hoosier way that the mystery association bestowed on him the lifetime award.ement i have known jim many years, is student, his student back at indiana university and solid stify that he has midwestern values, unfailing unflagging ecency, work ethic and solid common sense. jim represents the best of what be midwestern but he's never roman tied midwestern history. being e ourselves on nice, but we don't always live up to that ideal. today jim will be speaking on darker side of the midwestern past. he'll be talking about who is an american, the rise and fall of ku klux klan in the midwest. [applause] >> thank you all for coming out this morning and listening to a not be as

lilly will begin with a presentation describing the plan and i will follow-up with the description of historic resources within the plant area, including those that were newly identified in preparation for the plan. please note that they have been prepared for the plan. >> good afternoon, commissioners i am with the long-range planning division of the department and i have been working on this effort for the last three years or so. with the draft e.i.r. coming out next week, we have been doing updates to various community groups and we are at the planning commission last week and wanted to come to you as well. i will provide a brief overview of the project and our key recommendations, and it is a pretty broad overview so i'm happy to answer any questions or follow up with you after this. the market octavia plan was adopted in 2008 and that plan really set the framework for the hub. the hub was envisioned as this area for high density residential development. the area was rezoned to allow towers at market and van ness and mission and south venice in a special use district was created t

merck, eli lilly and amgen sued claiming that the rule could confuse consumers.rug makers argue that list prices don't reflect the actual cost as they don't take into account discounts and rebates goi negotiated the judge says that the rule exceeds the trump administration's authority a spokesperson says that they are disappointed and will work with the justice department on the next legal steps >> kate, thank you very much >>> when we come back on this show, hong kong leaders bowing to pressure from the people. and of course those mass protests over that controversial extradition bill with china. we go live to hong kong next >>> and then china's super mario sized problem as another key electronics company says it is moving some of its operations elsewhere. >>> and later, before he takes tourists to space, richard branson is reportedly taking virgin galactic to wall street that all still ahead the ai i need? it's gotta scale across my business. starting here, in procurement, helping us find the right suppliers. then here in logistic, to avoid disruptions! here in

you profile lilly peoples, barbara sizemore, rosy simpson, carol lee so made hopkins, jacky vaughn, very spurlock and then people i know and consider friends in the book, terra stamps, karen lewis. you book is many thing but struck me that this the story of black women educators. there are many iconic men in the book. samuel black, harold washington, just the short lift. right? but the book really lifts up what bill called the hidden curriculum of uncovering the story of organizers who are black women, teachers, parents, and other otherwise. so today i'm sitting with a black woman educator historian, who i respect a ton and i think she's part of an incredible chicago community of people like barbara ramsby. page may, essence mcdowell, each ewing, who are doing work around education from their various points of view and you were just named to the school board -- yay -- not elected yet. some day we believe itself will be. so what will be the unwritten chapter of your book that you will be in? what do you hope the chapter will be around. >> i have yet to be appoint he. it's announced. i say

eli lilly down 4%. pfizer down two and change. merck down nearly 5%. they're all worried about that, back to the s&p 500 for just a second. i don't know how much closer we can get to 3,000. we're a shade off of that. maybe when everything settles that is over the level. that is meaningful metric here. that is 500 stocks. not just 30 for the dow. thatconnell: that is a record, gerri. maybe one hat a day. jeff sica joins us and adam johnson. adam, we've been through this a million times. back to dow, 10,000, whatever it is, we get to round numbers people say it doesn't matter. sometimes there is some sort of psychological significance to gerri's point, whatever is going on in the world, there bs on the s&p 500, what is your take? >> round numbers mean a whole lot right now, connell. i know we've been saying this for a year, especially it is true right now. so much cash on the sidelines, interactive brokers. not as big as charles schwab, td ameritrade. their client accounts have more money, more cash in them than they have ever had in their history. you k

>> caller: always like to pick up high quality stocks eli lilly down probably about -- >> among the highestlity i think david ricks is doing terrific you have to ride out the problems with the president and drug companies i would start to position here and buy a little more if it breaks 100 and that, ladies and gentlemen, is the conclusion of the lightning round! [ buzzer ] >> announcer: lightning round is sponsored by td ameritrade hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade don't miss your gto experience our most advanced safety technology on a full line of vehicles. now, at the lexus golden opportunity sales event. lease the 2019 es 350 for $379 a month, for 36 months, and we'll make your first month's payment. experience amazing. >>> evan months ago a lot of people start

platforms they use in their phone every day but they don't have great direct relationships with eli lillyon and politicians know that. that's why when they're going after the big drug companies they're not going after specific targets. they're kind of just saying those that are responsible for the opioid crisis or whatever epidemic it is. and that's kind of giving these drug companies a little bit of leg room. >> for now. sara fischer, thank you so much. i appreciate you joining me. >>> next, she didn't act like a rape victim. i'm going to say that one more time. she didn't act like a rape victim. that is the startling headline of an op-ed by a military veteran who writes a disturbing account of how rape is treated in the military. we'll be speaking to that veteran about why most survivors don't report rapes and instead choose to suffer and recover in silence. if you have moderate to severe plaque psoriasis, every day can begin with flakes. it's a reminder of your struggles with psoriasis. but what if your psoriasis symptoms didn't follow you around? that's why there's ilumya. with just 2

merck, eli lilly, amgen among the drug companies arguing exactly that in court.ge siding with the companies, hitting pause on a new rule from the white house that was supposed to go into effect today. deirdre bolton is live in the newsroom with the details which is where the devil always is, deirdre. >> as always, melissa. a federal judge ruled that the trump administration overstepped its authority. this is where the courts were coming from, in this case, in trying to get drug companies to feature prices. more than likely it is not going to end here. the government will continue to fight this issue with the department of justice. trump advisor kellyanne conway said the president is not a quitter. he is very fond of the rule that would koppel drug manufacturers to list their prices on tv. again what are they hiding? we want transparency. a lily spokesperson says the company is happy with the judge's ruling, not a huge surprise there. pharmaceutical companies spend big ad dollars to increase chances of potential patients asking their doctors for brand name drugs.

. >> bret: your sick critics would say that if you are the president of eli lilly, you are ahead of onearmaceutical country that during that time saw the tripling of insulin prices. how we give the guy to spearhead this effort? >> and all the drug pricing system works and how the drug supply channel works. it's actually my inset knowing how that channel has devolved over the last two decades that enabled us to make this change. this historic shift saying you know what, the global supply chain of drugs and drug distribution has modified in the last 20 years to the point that we think this actually can be done safely. we can break through the orthodoxies and the talking points that said for so long it's unsafe, it can't be done safely. it can't result in savings to consumers and instead we can open the door for states, for pharmacies, and for wholesale distributors to come in with plans to actually make this work for the benefit of the american people. >> bret: you know, it's not just the democratic candidates would often talk about the pharmaceutical industry in a negative way. here's pr

citizenship and immigration services ken cuccinelli tried it on cnnte lilly right after an anchor readweet on air. >> the president sent this out yesterday at 8:00 a.m. "so interesting to see progressive democratic congresswomen who originally came from countries whose governments are a complete and most corrupt, and inept anywhere in the world, if they even have a functioning government at all, now loly and viciously telling the people of the united states, the greatest and most powerful nation on earth, how our government is to be run. why don't they go back and help fix the totally broken and crime-infested places from which theyame? what did you think of that tweet? tweet, actually. i can hear what you're reading >> seth: yeah, you ca -- you just heard it! [ laughter ] she just read it to you. republicans are like your friends who haven't seen a tv erow trying to avoid spoil while they're watching the show. [ light laughter ] "no, no, no, don't give it away!" seriously, the only way you can support trump without lying at this point is if you have the part of your brain that's respo

eliminate drug rebates the insurance stocks are gaining on this news as you can see, big pharma, eli lilly, pfizer, merck, all down on that news >> seema, thank you. >>> welcome to "the exchange." i'm kelly evans. as the markets have been climbing higher, powell's dovish tone has continued, even after the june cpi report showed core consumer prices jumping. let's drill down on all of this with steve liesman we've also just heard now from barkann, from the fed. fed speak in general and we'll hear, you know, from corals here shortly as well. what do yomakeu of all these moves today? >> i think that there was no daylight between powell day one and powell day two he very much reiterated the ideas that have led the market to believe there's an interest rate cut on the way. he didn't really incorporate anything about that hot or inflation report this morning. or even the strong jobless claims numbers that continue to accentuate the negative with the trade uncertainties out there. the low inflation problems and the global economic weakness the question going in was, hey, what is he going to tell

>> this is lilly. she is my twin. sen. booker: great to meet you. you guys have a great family.e is your mom and dad? are they here? your dad is at home? does he know he has incredible women are out here creating news? can we get a picture? >> yeah. sen. booker: ok, hold on. let me get on my knee here. really quick, what is dad's name? >> paul. sen. booker: yo, paul, i am blown away, man. you are seriously probably one of the luckiest guys on the planet for having three people like this in your life, two great daughters and incredible wife. they were the hit of the event. and your daughter got more applause than i did, for crying out loud. i just wish you the best. they will be extraordinary leaders of the future. in fact, i think they are ready to lead right now. >> we love you. sen. booker: thank you. thank you. >> hi. >> my daughters in south carolina. we love you. sen. booker: thank you so much. hi. >> hi. sen. booker: should we get a picture? >> yes. sen. booker: come on, sarah. >> truly inspired. i am voting -- this will be my first election. sen. booker: i am really excit

>> this is lilly, she is my twin. sen. booker: your dad is at home? does he know his incredible women are out here creating news? can we get a picture? let me get on my knee here. really quick, what is dad's name? >> paul. sen. booker: yo paul, i am blown away, man. you are seriously one of the luckiest guys on the planet to have these three great women in your life. two great daughters and your incredible wife. they were the hit of this event. your daughter got more applause than i did, for crying out loud. wishing you all the best. they will be extraordinary leaders of the future. in fact, i think they are ready to lead right now. >> we love you. sen. booker: thank you so much. hello. should we get a picture? hello, sarah. >> this will be my first election. sen. booker: i hope i can be your first. >> very inspiring. thank you. >> [indiscernible] sen. booker: it is so important. it really is. i need help. i learned from my parents. to love even those that hate you. i learned from the best. watching people sitting at lunch counters and not fighting ba