for "nightly business report," i'm michelle caruso-cabrera, miami. >>> still ahead, why some airlines are telling passengers to say "cheese." >>> the health insurer startup oscar is teaming with the cleveland clinic to offer a new health plan in ohio even as other insurers leave that state. the deal will give residents both on and off the obamacare changes access to one of the nation's top health systems. for oscar, it's the first co-branded plan with the system. >> for most people, it's a fractional experience. you rarely know which physician to go to for which condition. you forget about things they tell you in the e.r. on your way out. by going deep with a provider system that is excellent as cleveland is, we're creating a much more seamless experience for people's health care. >> the cleveland clinic says it makes sense to try to collaborate instead of replicating capabilities. >>> and in the push to get passengers through airports with few delays this summer, the airlines are trying a new approach, using facial recognition systems to identify travelers. as we reported, one airpor

speaking of, michelle caruso-cabrera >> doesn't he stick around every day?oes, he was just saying >> i never miss it >> excellent good answer. thanks, scott. coming up in 19 minutes on "power lunch," investors seem to be waking up to a new reality on the health care stocks that sector is now the worst perform. yesterday, the best. we're taking a closer look at the bill from the senate and breaking down what the actual impact is. plus, a brand-new report out showing that cord cutting, picking up we've got the details. >>> and in honor of this year's ugliest dog competition, we're looking at some of the ugliest stocks on the street are they worth a shot? are they dogs of the street, like the dogs of the dow that and more ahead at the top of the hour when "power lunch" starts now in 18 mutines halftime report, though, don't move, because it's back right after this but there's no business track record. well, have you seen her work? no. is it good? good? at cognizant, we're helping today's leading banks make better lending decisions with new sources of data- so,

i'm becky quick along with andrew ross sorkin and michelle caruso-cabrera let's look at the u.s. equity futures. right now things are mixed dow futures are up significantly, up by 52 points s&p futures up by 6. the nasdaq is down by 9. this comes a day after the nasdaq had a steep drop off. down by 1.6 pfrs yesterday the dow was off by a half percent. the s&p by 0.8%. we'll see how things shape up as we get closer to the opening bell overnight in asia, the nikkei ended down by almost half a percent. the hang seng off by 0.6%. the shanghai down by a half percentage point in europe, you will see some red arrows you will see that right now the dax is off by a half percentage point. the cac is off by 0.4% the ftse relatively flat but still down finally look at crude oil prices crude was up by 2% yesterday in the market trading, but it dropped significantly after hours after there was a big increase in api crude inventories. that came as a surprise. this morning things are down by 13 cents >>> here's some of the other big stories. jury selection in the trial of martin shkreli will ent

i'm michelle caruso-cabrera live in little havana in miami. president trump is a few blocks away where he is set to unveil his new policy towards cuba. what you see is former governor rick scott, one of the speakers ahead of the president we have gotten details from treasury about what we are likely to hear from the president, slightly tougher travel restrictions when it comes to americans traveling to cuba, prohibitions on doing business with the cuban military however, also, if you're already doing business in cuba you are grandfathered in according to talking points released by the treasury department just about five minutes ago what does this mean? documentary filmmaker, a journalist, not a fan of trump formerly with the state department and the sanctions division of the state department >> what wasn't announced, the measures that didn't take place. he didn't cut back on remittances, on the engagement with the embassies so basically it's a pretty sensible move. i'm not a trump supporter but it's a sensible move and i'm not so sure that the

i'm becky quick along with michelle caruso-cabrera.ndrew are off today we do have a guest host, steve grasso, a cnbc market analyst. >> good morning. >> good morning. >> ready to go >> of course i've been ready since 2:00 in the morning. got up early >> as we all have. >> let's look at the markets you'll see the futures are mixed at this hour relatively flat. s&p 500, those futures down by 2 points the dow and nasdaq are flat this comes after a day of record closes evens the majo

i'm becky quick along with michelle caruso-cabrera. and andrew are off today we do have a guest host, steve grasso, a cnbc market analyst. >> good morning. >> good morning. >> ready to go >> of course i've been ready since 2:00 in the morning. got up early >> as we all have. >> let's look at the markets you'll see the futures are mixed at this hour relatively flat. s&p 500, those futures down by 2 points the dow and nasdaq are flat this comes after a day of record closes evens the major averages continue to hit new highs, yesterday was a stand-out day. it was the best day for the dow since may 19th the best day for the s&p 500 since may 24th and the best day for the nasdaq since december 11th of last year. things are looking cautious at the open overnight in asia, the nikkei finished up by 0.8%. the hang seng and shanghai were weaker hang seng down by 0.3% in europe, some of the early trading that'salready taken place, you can see right now it looks like there are some modest advances for many major indices. the dax and cac are up the

i'm becky quick along with andrew ross sorkin and michelle caruso-cabrera joe is off today let's lookequity futures. we are poised to open higher, at least for the dow and s&p 500. looks like the dow is up by 24 points after big gains yesterday. the s&p had the best day in more than two months yesterday. it's indicated up by 3.5 points. the nasdaq had the biggest one-day gain since november 7th. this morning slightly negative financials look to be big gainers this morning after gaining yesterday. we will talk more about that the nikkei looks like it closed up by almost half a percentage point. the hang seng up by 1.1% the hang high up by a half

trump in miami today rolling back some of president obama's opening of relations with cuba michelle caruso-cabreras in the little havana section of cuba with the latest michelle >> reporter: we're here because that's where he made the speech, kelly, full of anti-castro rhetoric, promising a largely cuban-american audience his policy to cuba would be very different than president obama's. >> we will very strongly restrict american dollars flowing to the military, security, and intelligence services that are the core of the castro regime. they will be restricted. >> reporter: treasury released details how they hope to achieve that american companies, businesses, individuals prohibited from doing business with military owned companies in cuba. well, in cuba, that's nearly everything, hotels, restaurants, all kinds of stuff, so future deals likely will be squashed unless companies do them with individuals. however, at the same time, treasury also said anybody already doing business in cuba was essentially grandfathered in, so the cruise lines, airlines, marriott managers of hotels there, we presume al

i'm becky quick along with andrew ross sorkin and michelle caruso-cabrera let's look at the u.s.. right now things are mixed dow futures are up significantly, up by 52 points s&p futures up by 6. the nasdaq is down by 9. this comes a day after the nasdaq had a steep drop off. down by 1.6 pfrs yesterday the dow was off by a half percent. the s&p by 0.8%. we'll see how things shape up as we get closer to the opening bell overnight in asia, the nikkei ended down by almost half a percent. the hang seng off by 0.6%. the shanghai down by a half percentage point in europe, you will see some red arrows you will see that righ

i'm michelle caruso-cabrera. we have two breaking news stories this hour. first a shooting in virginia leaving a top-level congressman and four others injured. the assailant is dead. president trump and house speaker paul ryan weighing in. the other big story this hour, the fed's latest decision on interest rates, going to drop just under an hour from now. markets are expect iing a hike t the fed's balance sheet remains and why are yields falling so much today when they're hiking we'll get answers during janet yellen's news conference, we hope,

"power lunch" starts right now >>> i'm michelle caruso-cabrera. here's what's on the menu. out the books for the month, the quarter, the first half of the year the dow and the s&p and nasdaq posting strong gains so far. what do you do now your second half playbook straight ahead >>> plus, trump, trade and the big threat of tariffs, along with repeal now, replace later the latest plans on america's health care. and raising the minimum wage the number of states have done it more preparing to do it this coming weekend is it really working out the way many hoped it would? "power lunch" starts right now

i'm michelle caruso-cabrera and you're watching "fast money" on cnbc because we are first in businessorldwide. >>> in the meantime, here's what elses is coming up on "fast. >> biotech is breaking out yeah just like that but if you missed a move, a top technician says one name is ready to join the party. we'll reveal >>> plus, no profits no problem blue apron is still gearing up for a $3 billion ipo >> you worry too much. >> we'll tell you what the bulls see in blue apron, when "fast money" returns and connections and connections to make everything work better. i call it the internet of everything, but it's really the internet of everyday life. ♪ the partnership between dell technologies and sap helps make the promise of the internet of things a reality for our customers. we know how powerful live data can be. we use sap at dell to run everything from finance to procurement to travel expenses. and that's the same kind of live insight we can now start offering to all of our customers. and as we get better information, better insights, it can improve virtually every aspect of society and

"power" starts now >>> i'm michelle caruso-cabrera.ho is on the menu cook, bezos, na della. many of the biggest tech ceos are meet with trump at the white house. is it going to be a friendly gathering or about as comfortable as a weekend with the in-laws. mine are lovely, by the way. >>> is amazon just getting too powerful >>> which retailers could be the biggest losers all that plus jobs and the rise of the robots. the ceo of one of the world's biggest producers of industrial bots tells us what he's seeing and why he's manufacturing

. >> i'm michelle caruso-cabrera best gain in two months as three major head feds, including yellen into>>> plus, one senator says it's time to ban all of the direct-to-consumer ads what is the evening newscast going to do? we'll debate. >>> and amazon under fire. president trump taking a shot at the internet giant for avoidin

i'm becky quick along with andrew ross sorkin and michelle caruso-cabrera joe is off today let's look at the u.s. equity futures. we are poised to open higher, at least for the dow and s&p 500. looks like the dow is up by 24 points after big gains yesterday. the s&p had the best day in more than two months yesterday. it's indicated up by 3.5 points. the nasdaq had the biggest one-day gain since november 7th. this morning slightly negative financials look to be big gainers this morning after gaining yesterday. we will talk more about that the nikkei looks like it closed up by almost half a percentage point. the hang seng up by 1.1% the hang high up by a half percent. in europe also seeing a bit of a mixed picture. the ftse is higher, up by 0.3 points in france, the cac is under pressure in germany, the stocks are weaker crude oil prices up yesterday for the sixth session in a row this morning up once again up 21 cents to 44.96 >> blue apron pricing an ipo last night, $10 a share. that's the low end of the reduced range the company announced yesterday, well below the estimates of $15 to

. >>> and i'm michelle caruso-cabre caruso-cabrera here's what's on the "power lunch" menu, a wave of cyber attacks happening around the world, disrupting the power grid in ukraine, an oil company in russia and targeting at least one major dow component. we'll have the latest on this massive attack, straight ahead. >>> plus, shares of arconic plunging the uk government launching an investigation into the safety of close to 100 buildings now with the number expected to rise. arconic supplied the panels used in the deadly fire weeks ago this is minutes away. >>> health care still front and center we want to know, should health insurance work like car insurance? would that solve the problem that debate is on tap as "power lunch" starts right now. >>> all right, welcome to summer, everybody. the summer market as well. stocks in a narrow range energy, though, the best performer in the s&p oil doing something it has not done in a while, rising for a fourth straight day. financials also doing pretty well the big bank etf, the kre and the kbb both near session highs. they're on pace for one o

. >> thank you, skochlt i'm michelle caruso-cabrera. we're going to separate the fact from the fiction straight ahead. >>> and shut the front door. new home says, have you seen them they surged last month we're going to tell you. they're on the move right now p we're going go inside the numbers and we're just hours away from this year's ugliest dog competition, but we here at "power lunch" aren't down with fashion kay neins. this year we're going to bash the dogs on the street we'll tell you if they're worth taking home. this tail-wagging edition starts right now. ♪ who let the dogs out >> welcome to "power lunch." i'm melissa lee. we'll have nasdaq on track to break a two-week losing streak, take a look at the gains the dow is up by about 9 points, s&p by 5, nasdaq by 25 oil seeing a bit of a bounce, lifting shares for a change. and look at bed bath and beyond shares they're plunging today. in fact, a seven-year low down almost 12% and fast food giants mcdonald's and yum! brands at high numbers court. >> thanks, melissa for the first t

i'm michelle caruso-cabrera.ake a look at community health. 8% moves about 40% of the health care moves are within 1% of at least a 52-week high it's the ipo of the day. shares of altice is up on the first day of trading more on that brian? >> health care stocks are moving on the senate bill news. you have glaxosmithkline and tenet health care, a hospital operator, up more than 8%. ka kayla tausche has the latest kayla? >> reporter: the senate bill is a modification of the house bill passed two months ago but has a new name it's called the better care reconciliation act but like the house bill, it moves to repeal all of the affordable care act taxes and mandates there instead replacing them with tax credits. the senate's bill basing those on income instead of based on age. states can waive coverage of essential health benefits but not of pre-existing conditions planned parenthood would be defunded under the senate bill medicaid growth is expected to slow in 2021 and by 2024, states would pay close to half the cos

lunch" starts right now ♪ >>> welcome to power lunch and welcome back to tyler mathisen i'm michelle caruso-cabrerathe dow is aiming for the first up day in five it was up triple digits and now higher by only five points and avis is soaring. the company is partnering with google's self-driving car division and arconic, much more on this hour for "power lunch. a report by the cftn says the merger with walgreens will probably get approval. brian? >> thank you very much new data showing in the first quarter, u.s. property insurers had their biggest catastrophic losses since 1994s north ridge california earthquake. losses totalling $7.5 billion. and warren buffett investing $377 million and the martin shkreli jury trial selection >>> some of the major technology names are taking a hit on the president trump travel ban news. we'll go to hampton pearson at the supreme court where the president is now weighing in as well hampton? >> reporter: how you doing, brian? we have the supreme court giving a partial revival to the trump travel ban th a full hearing will continue when the court returns in the fall i

i'm michelle caruso-cabrera. nasdaq is the biggest loser percentage-wise and nearly 2% decline. dow jones is on track for the biggest one-day drop since midway bob pisani is at the nyse. what's going on? >> it's a good sign of rotation in the market. that's what has been keeping up stocks all year. semiconductors are the losers today. what have been the losers? banks and energy what are among the few winners today? banks and energy this is rotation, folks. we're seeing heavy volume. the triple q, big volume there that's a sign that people are using it to buy other things meantime, value and growth are getting a lot of interest. what's value mostly energy. growth is a problems txy for fa stocks, so your apple and amazon and microsoft. everything is down 2%. energy stocks and bank stocks are coming to the fore a little bit. even chevron is up general electric down fractionally you can see this kind of rotation going on. this is very healthy, folks. look what's happened in the first half of 2017 look how unusual it is technology up 17% and energy is down almost 14%. that's a 31-poi

"power" starts now >>> i'm michelle caruso-cabrera. here's what's on the power lunch menu who is on the menu cook, bezos, na della. many of the biggest tech ceos are meet with trump at the white house. is it going to be a friendly gathering or about as comfortable as a weekend with the in-laws. mine are lovely, by the way. >>> is amazon just getting too powerful >>> which retailers could be the biggest losers all that plus jobs and the rise of the robots. the ceo of one of the world's biggest producers of industrial bots tells us what he's seeing and why he's manufacturing in america. "power lunch" starts right now >> thank you, michelle your money just keeps pushing higher and higher. the dow and s&p hitting new all-time highs tech roaring back as a top performer. energy lag a bit loyal prices falling today overall, though, a good day for your investments and your money. straight to bob fisani with more on why there's a monday filled with optimism again. >> and we are at new highs for several reasons. let's take a look at the new high

i'm michelle caruso-cabrera. we have two breaking news stories this hour. first a shooting in virginia leaving a top-level congressman and four others injured. the assailant is dead. president trump and house speaker paul ryan weighing in. the other big story this hour, the fed's latest decision on interest rates, going to drop just under an hour from now. markets are expect iing a hike t the fed's balance sheet remains and why are yields falling so much today when they're hiking we'll get answers during janet yellen's news conference, we hope, live melissa? >>> i'm melissa lee. let's take a look at the markets and how we're shaping up now ahead of the key fed decision. the dow hit an all-time high with the s&p just points away from its own as you see here hogging the flat line in that 2:00 decision dow is flat up by 6 1/2 points s&p down by two. take a look at rates this may be the headline of the markets here, the yield on the ten year sinking to the lowest level since november 10. as for equities, energy, the worst performing secotor as oil falls on bear

"power lunch" starts right now >>> i'm michelle caruso-cabrera. here's what's on the menu. closing out the books for the month, the quarter, the first half of the year the dow and the s&p and nasdaq posting strong gains so far. what do you do now your second half playbook straight ahead >>> plus, trump, trade and the big threat of tariffs, along with repeal now, replace later the latest plans on america's health care. and raising the minimum wage the number of states have done it more preparing to do it this coming weekend is it really working out the way many hoped it would? "power lunch" starts right now >>> if brian were here, he'd know that song i do not i'm tyler mathisen major averages in the green in this next, really, three hours left on this final trading day of the quarter and of the first half of the year the dow getting a boost from nike's rally on the backof its earnings beat out last evening check out what's moving right now. the dow industrials up a little bit. as you look at humana, becton dickinson all hitting new 52-week highs. it's also the last trading d

. >> i'm michelle caruso-cabrera best gain in two months as three major head feds, including yellen into pl >>> plus, one senator says it's time to ban all of the direct-to-consumer ads what is the evening newscast going to do? we'll debate. >>> and amazon under fire. president trump taking a shot at the internet giant for avoiding what he calls internet taxes >>> bazos versus trump "power lunch" starts right now >>> here's what else is happening. southwest airlines pulling back on its service to cuba because the routes were not sustainable. southwest will continue the service from ft. lauderdale and tampa to havana. >>> phil jackson out as new york knicks president they were 80-166 in his full three seasons. >>> and for the first time ever, samsung will build appliances right here in america. it will open a factory in south carolina creating more than 950 jobs by 2020. >>> i'm tyler mathisen a rally today. financials, industrials are leading the way at this hour one stock we're watching is fedex. the stock is higher after it said there was no data breach to the tnt express unit but ther

. >>> and i'm michelle caruso-cabre caruso-cabrera here's what's on the "power lunch" menu, a wave of attacks happening around the world, disrupting the power grid in ukraine, an oil company in russia and targeting at least one major dow component. we'll have the latest on this massive attack, straight ahead. >>> plus, shares of arconic plunging the uk government launching an investigation into the safety of close to 100 buildings now with the number expected to rise. arconic supplied the panels used in the deadly fire weeks ago this is minutes away. >>> health care still front and center we want to