ron tillis has been chairman of turing since its founding late last year.y they wish shkreli the best xshgs they thank him for helping them build turing pharmaceuticals to the dynamic research focused company it is today. that is potentially all they say about him in his statement. again, he was arrested yesterday. charged with seven counts of securities fraud. the government saying he was running his old hedge fund and old company like a ponzi-like scheme. the news martin shkreli stepping down as turing ceo. we have reached out to him and the company. he has not yet responded to us is the statement from an outside representative. scott, back to you. >> meg terrell, thank you so much. >>> up next, lots of big movers in today's market. most of the down side from carmax to under armour. we break it all down. you're watching cnbc first in business worldwide. ♪ ♪ [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ [ birds squawking ] my mom makes airplane engines that can talk. [ birds squawking ] ♪ my mom makes hospitals you can hold in

so it does appear at least that he will continue to run turing and efg he said so far is they're notoing to go back on that price increase. it's a question we'd like more answers on. what is going to happen to turing as this unfolds. >> and meg, is there any timetable now for the next court appearance? >> reporter: the next time that he will appear in court is expected to be january 20th. and there are a lot of restrictions, again, on his travel. and he is subject to surprise visits from folks check up on him until then. >> all right, meg. thank you so much. meg tirrell in new york. >>> to the economy now and more evidence of a strengthening job market. according to the labor department the number of americans filing for unemployment benefits fell last week by 11,000 to a seasonally adjusted 271,000. federal reserve officials cited the job market as among the reasons for hiking interest rates yesterday. >>> a different story for manufacturing. today a measure of economic activity in the philadelphia region fell back into negative territory. this is the third reading in the last four

this is ture, my host. what else is out there, octopus?topus and also cuttlefish. >> oh, yeah. sepia. >> sepia, bravo. and i want to try and find some small abalone, we call the bucce, and small clams. the water is still cold. i think they will be really full. >> i'm thinking really? are these prime fishing waters? i don't know about this. with all this boat traffic and all these people so close to the action, i can't see much of anything living down there. >> okay. we anchor here. >> but i am famous for my optimism, so i dutifully suited up for what was advertised as a three-hour cruise. ♪ so i get in the water, and i'm paddling around. and splash! suddenly, there's a dead sea creature sinking slowly to the seabed in front of me. are they kidding me? i'm thinking can this be happening? splash. there's another one. splash, another rigor mortis half-frozen freakin' octopus, but it goes on. one dead cuttlefish, octopus, frozen sea urchin after another, splash, splash, splash. each specimen drops among the rocks or along the sea floor, to be

's mother'se ture cousin. the idea of that family structure was informative to his outlook and freedom dream. when he talks about meeting , he describes listening herove tapes laughing at lampooning of british colonialists in south africa who can't speak in her native language. he is hearing england, but he is hearing trinidad. , hepersonal relationship tries to form a different kind of family structure, a revolutionary type of family structure as this africa's first lady of freedom fighters, one that reproduces certain hetero patriarchal tropes of family hud, but is projected toward africa. when we get to the moment prone, we see the influence of trinidad come british colonialism and his rejection of it. he is transitioning from -- theing his father masculinity of his father that he rejects, but also rejects as patriarchal. he talks about the importance of his mother. his mother was the fighter. a different times, he has fraught relationship with his father. --kenexa to other caribbean he next to other caribb

alan turing was at your school.hen you put a statue up and say you are proud and say you are sorry, i don't think they like that. stamps, i think. charlie: alan turing was the man that saved his country. he was a gay man that, during the war, brooke the german code. in doing that against all odds and certainly helped defeat the nazis. then, because he was a gay man, was coerced into taking chemicals.. chemical castration killed him. thatand some people think they take a bite out of the apple, and it was a reference. charlie: steve jobs has said no, although he recognized what a great man he was. but we have made significant progress. you saw it happen right before your eyes in terms of the american political -- state-by-state and the historic -- moreit is so much difficult in your continent to make it happen. in the u k, probably 100 people whose opinion had to change. newspapersbe running , and they all live in london. they sort of all know each other. i could get into those circles. they pass the law and that is t

in a statement turing said the leadership changes won't impact its business and that no patient in needraprim, the drug that saw that price increase 5,000%, would be denied access. >>> shares of disney drooped like soggy mouse ears today after a wall street firm cut its rating on the stock to sell. the firm believes the likely success of "star wars" would not be enough to offset the impact of espn subscriber losses. >> everyone's excited about "star wars." and look, we believe "star wars" is going to do 2.6 billion in global box office. so we're not taking a negative view of "star wars." this is all about cable networks, which is 45% of disney's operating income. >> and shares of the dow component fell nearly 4% on this down day, making it one of the worst performers on the blue chip index today. >> and that downgrade comes on the same day that disney's "star wars: the force awakens" pulled in a record $57 million in thursday evening previews. that figure tops the previous record and so far fans like what they're seeing. >> i got here at 1:00 a.m., and the theater was packed. i don't th

you knew it would send us turing's name if you put her in danger. - irrelevant list? i didn't need to lure you out. i've been following you for weeks. - i thought she'd never shut up. so nice to finally meet you, harold. you can call me root. [phone rings] - you were set up, john. turing isn't who we think she is. - what do you mean? - her office, her life, it's all a mirage. i saw the escrow transfer. she was the one who paid hr. she put the hit on herself. turing must've learned how you operate, that you'd show up if her life was in danger. she was trying to lure you out into the open. - she wasn't looking for me. she was looking for him. - you hired hr yourself. - i did this corporate training thing once. i was blackmailing the ceo, long story, but they did this exercise called the trust fall, where you close your eyes and fall... and wait for someone to catch you. i knew you boys wouldn't let me down. come on, harold. we've got so much to talk about. - he's in danger now because he was working for you. so you're gonna help me get him back. the flu virus. it's a re

this has nothing to do with turing pharmaceuticals.om him illegally taking stock from a bio tech firm that he started in 2011. they say that he illegally took stock from that company and used it to pay off debts from an unrelated business dealing. he was later ousted from that company but this is a report on bloomberg right now. >> wow. crazy story. we will try to find out more and bring it to you as we get it. in the meantime coming up we do have the box office awakening and fandango feeling the power of the force. 91% of ticket sales coming from star wars fans. a popular executive joining us next as we talk about the blockbuster and the movie biz. stay tuned. you're watching cnbc squawk box right here first in business worldwide. >>> welcome back. the force is with "star wars," $ $100 million in advanced ticket sales, the filming th, and movi released in select theaters tonight before the major market debut tonight. becky has tickets. >> i do. >> joining us now is eric davis, and fandango is owned by nbc universal. good morning to yo

after an uproar, turing's c.e.o. martin shkreli promised to lower the price and then he appeared don dahler has more on this. >> reporter: when shkreli increased its price, they complained they were being unfairly vilified. >> there are a dozen companies just like ours that raise prices higher than ours and i don't see them getting the criticism i got. >> reporter: he's partially right. after valiant pharmaceuticals bought the rights to a heart medication, it raised the price from $179 a dose to almost $1,500. activis increased the cost from $2,700 a bottle to over $1,800. >> you have your foot on the patient's throat. >> reporter: industry analyst richard evans: >> there is a moral obligation. you have to have the patient's well-being at heart and you have to act accordingly. >> reporter: imprimis pharmaceuticals says they're doing just that. they're using the basic ingredients of daraprim to make their own version of the drug. the infamous founder and ceo mark baum. >> we decided to take action to available to this

after an uproar, turing's c.e.o.martin shkreli promised to lower the price and then he appeared to backtrack. don dahler has more on this. >> reporter: when shkreli increased its price, they complained they were being unfairly vilified. >> there are a dozen companies just like ours that raise prices higher than ours and i don't see them getting the criticism i got. >> reporter: he's partially right. after valiant pharmaceuticals bought the rights to a heart medication, it raised the price from $179 a dose to almost $1,500. activis increased the cost from $2,700 a bottle to over $1,800. >> you have your foot on the patient's throat. >> reporter: industry analyst richard evans: >> there is a moral obligation. you have to have the patient's well-being at heart and you have to act accordingly. >> reporter: imprimis pharmaceuticals says they're doing just that. they're using the basic ingredients of daraprim to make their own version of the drug. the infamous founder and ceo mark baum. >> we decided to take action to make

turing put out a statement yesterday. this makes one question what will happen at the microcap biotech company that just last month named shkreli as its ceo after he took a big stake in the company. it's a very, very small company and trading has been very volatile. dropped quite a bit yesterday before being halted so the trading looks a little funny there. but just to recap, shkreli was arrested yesterday and charged with seven counts including securities and wire fraud. that involved not turing pharmaceuticals, his current company or former company now, but his previous activities at his hedge fund and his former biotech company. the charges are he misappropriated $11 million to pay back disgruntled investors. they distanced themselves from shkreli. they're suing him for several of the same claims the government is bringing against him. shkreli faces up to 20 years maximum sentence. he's expected to appear in court again on january 20th and in a statement last night he said he expects to be cleared of all charges. we'll

the drug is similar to daraprim, sold by turing pharmaceutical after an uproar, turing's c.e.o. martin shkreli promised to lower the price and then he appeared to backtrack. don dahler has more on this. >> reporter: when shkreli increased its price, they claimed they were being unfairly vilified. >> companies like ours raise prices higher than ours and i don't see them getting the criticism i get. >> reporter: he's partially right. after valiant pharmaceuticals bought the rights to a heart medication, it raised the price from $179 to almost $1,500. activis increased the cost from $2,700 a bottle to over $1,800. >> you have your foot on the patient's throat. >> reporter: industry analyst richard evans: >> there is a moral obligation. you have to have the patient's well-being at heart and you have to act accordingly. >> reporter: imprimis pharmaceuticals says they're doing just that. they're using the basic ingredients of daraprim to make their own version of the drug. c.e.o. mark baum: >> we decided to take action to make this new formulation available to this vulnerable populati

the owner of turing fa pharmaceuticals says he will offer a pill costing only $1.is offering discounts to hospitals and financial assistance to needy patience. the $750 sticker price for that drug has not come down. this, of course, has drawn the ire of some in congress. they would like to make it illegal. >>> "early start" continues right now. happening now, unprecedented security surrounding world leaders in paris as president obama urging new action to fight climate change. >>> new information in the man hunt for the paris attackers. welcome to "early start." i'm christine romans. >> i'm alison kosik. it is 5:00 a.m. in the east. happening now, president obama on the last day in paris for the climate summit. heads of state from 155 countries and 40,000 delegates. their one issue is hammering out an agreement. already the leaders of the two biggest greenhouse emitters, china and the u.s., have met. the summit takes place under the shadow of repeated failures to keep climate deals. joining us from paris is correspondent jim bittermann. with so many converging in p

now -- he's the c-e-o of turing pharmaceuticals and ( shkreli first made headlines this year when he raised the price of an aids drug by more donald trump is getting praise from one of the most recognized world leaders. leaders.earlier today -- russian president vladimir putin called trump "a brilliant, intelligent person" and a "talented personality." both trump and putin have received criticism from the other g-o-p hopefuls.the billionaire has said that he and putin would "get along very well" and would work with him to imrpove relations between the u.s. and russia. fellow g-o-p candidate ben carson has canceled a planned trip to israel and africa. carson had been planning to visit nigeria -- kenya and zambia at the end of the nth. his israelelrip was also supposed to happen before the first caucus. his spokes- woman says the trip was canceled because of "security concerns." star wars fans are lining up in masses outside movie theaters this afternoon -- awaiting to see the first film in the series in ten years. years.there are record crowds expected for "the force awakens" this wee

one day after his arrest, martin shkreli has resigned as the head of turing pharmaceutic als. yesterday feder agents arsted him on charges of securiries fraud. you may remember r kreli was called "the most hated man in america" after he jacked up the price of a life saving drug by five thousand percent. people won't have to stand out inthe cold when waiting for a cedar r pids transit bus. it's all because of the new ride c-r-t app. it's shows the bus routes and tracks them in real time. if riders don't download the app,p,hey can text numbers displayed d each bus stop for up to date information on when the bus will arrive. zach rife rides the bus every day to school and says he really likes the app. "i think it's really convenient and intuitive on how they provide this to bus riders. i think that it's really going to up the level of the customer experience." we have a link on where you can download the app with this story on kcrg docom. today a presidential campaign filed a federal lawsuit. we'll explain why bernie sanders wants access to the democratic national committee voter

martin shkreli resigned from turing pharmaceuticals earlier today. his resignation comes after he's arrested - accused of illegally taking stock from a firm he started to pay off ther debts. earlier this year he sparked national outrage by increasing the price of a life saving drug by five thousand percent earlier this year. the fbi and u-s marshals are now looking for a teen on the run... ethan couch - aka the affluenza teen... cou killed four pepeple in a drunk driving crash in 2013 - his defense argued he suffered from "affluenza" and he was given probation. couch's probation officer hasn't been able to keep in touch with him -- and investigators think he and his mother fled the country. a deputy gets caught up in a shoot-out, after he's punchedn the face during a traffic stop. here's the dash cam out of florida -- you see the officer try a ad stop the man who was when the deputy tries to frisk his suspect,,he man puts h hs hands on the hood -- turns around and sucker punches the deputy right in the face -- you see him grab a gun both men were sho

dow jones citing sources that they are close to replacing martin shkreli as ceo of turing.ore news when we get it. back to you. >> thanks so much, meg terrell, following a story that is developing very quickly. >>> blackberry is reporting third quarter earnings and higher revenue than expected too. will the companies move away from hardware to focus on software and services? how much will that be the key to securing the future? john chen, the ceo of blackberry, and he joins us now. john, it's always great to talk to you after earnings. thanks so much for joining us. >> thank you. thank you for having me. >> the street likes what it saw this quarter. certainly a dramatic departure from the surprise in the previous water. $162 million in software revenue, and the majority of that is recurring revenue. can you keep up this trend? >> well, one quarter at a time. yes, i think that the direction of our software business are pretty good. >> 71% today is recurring. our goal for next year will be over 80%. by the way, i like to correct something earlier where you said that we're mov

turing sent over a statement saying we don't know the efficacy and safety of this.ecause express scripts is going itself as the largest benefit manager is jumping on board. >> this comes under an election cycle where this is under scrutiny. >>> brian, some interesting stuff, right? >> yeah, to your point, to your debate tonight, coal versus gas -- >> coal versus solar. >> coal is going to be gone in ten years, isn't it? >> enough for a trade, though, brian? i don't know. >> we'll see. >> thanks for watching "power lunch." >> "closing bell" is up next. >>> and welcome to the "closing bell." can you believe it, it is december, mr. bill. >> it is. i can't believe how high your heels are today. i'm looking up to you even more. >> i will work on the slouch. i'm kelly evans. here at the new york stock exchange is that would make me bill griffeth. here is how we're kicking off the first trading day of the last month of the year. the manufacturing index came in below 50 for the first time since november of 2012. that's amazing. we will talk about whether santa claus rally c

i apparently he is able to continue working at turing. this arraignment we know he is out on $5 million bail, kelly. back over to you. >> all right, meg, thank you very much. meg tir rel with the latest. we are heading to the close, ten minutes left on the trading floor, the dow down 176 points. when we come back dan suzuki sounds off the warning on more dividend cuts to come in a particular area of the economy. what that could do to stocks coming up. olay regenerist renews from within, plumping surface cells for a dramatic transformation without the need for fillers with olay, you age less so you can be ageless olay. ageless. >>> less than seven minutes to go. art cashin just stepped by. 700 million to sell is the imbalance going into the close here. we were down 192 points right now on the dow jones industrial average heading back to the lows of the session here. joining me at post 9 dan suzuki from bank of america merrill lynch. are you changing anything investment-wise now that the fed is starting to raise rates? >> no, i don't think

. >> the disgraced rm foer ceo of turing pharmaceutical starts a live stream on youtube after leaving yale. >> good to be back. >> thankthank you, guys. i missed you, too. >> yep. 32-year-old martin skrli by raising by 5,000% was arrested thursday for securities fraud now spending many hours live streaming from his apartment. >> he is responding to commenters but says he can't talk about business or any allegations but has tweeted, i am confident will prevail. the allegations against me are bassless and without mer are rite. >> all right. we may not have snow, about it feels like winter weather. fox 5's you a dry puente with the forecast. it won be here to stay, audrey. >> that is ru. we did see a few snow flakes. we have a coating around sullivan county and have north and leaving the chance for a couple of isolated flurries tonight. we did have temperatures just where they should be this time of year. our high in central park, 40. and that was earlier this afternoon. this morning, we start off with 35 and again, ex exactly where we should be. think everyone was surprised because it i

prosecutors say turing pharmaceutical ceo martin up securitiesd fraud. he has pled not guilty.ree on a $500 million bond. that high $59 bond. -- $5 million bond. some counts concerning other drug company he wants ran -- he once ran. this is not related to his arrest. apple is making management goals. the company has named jeff williams new chief operating officer -- a job that has not been filled since tim cook left the position to become ceo more than four years ago. foriams has worked at apple about 17 years and supervise the launch of the apple watch. cerealns are not eating like they used to, and it is taking a bite out of general mills bottom line. the maker of cheerios and lucky charms missed estimates. they have boasted profit -- bolstered profits through cost-cutting, but it's a trend awayth from cold cereal. shares in the company plunged after carson block's muddy waters firm claimed the casino is using engineering to mask a deteriorating core business. he joined "bloomberg " this morning. block: it is a casino hiding in plain sight. when you first glance at the fi

shkreli defending himself against critics on abc news in september martin shkreli, ceo turing pharmaceuticals i think they have a fundamental sunderstanding of the way pharmaceutical companies operate we've agreed to lower the ice of daraprim to a point that is more affordable" a promise he later reneged on today, 32-year old martin shkreli -- under arrest in new york for securities fraud and conspiracy unrelated to that price hike controversy or his current drug company. the charges involve his alleged actions as a hedge fund manager and at another drug company - retrophin - where was ceo om 2012 - 2014. robert capers, u.s. attorney: "shkhkli essentially ran his companies like a p pzi scheme, where he used each subsequent company to pay off frauded investors from a prior company. accused of lying to investors after losing millions in bad trades...prosecutor s say shkreli used retrophin - a company he took shareholders. attorneys had no news, ny " tim: with a final check of our forecast. stay with us. mostly clear skies. tomorrow, expect mostly sunny skies and a high of 28. the 7-day forecast

he already resigned as head of turing pharmaceuticals. ahead, cyber hackers hit hellomillions of the cartoon information leaked.. >> here's a look at today's the country. >> that's the holiday tune last christmas. while it's catchy, you probably would not want to hear it 24 hour times in a row. that's what happpped to listeners of an austrtrn radio station monday a.dj who felt people western in the christmas spirit barricaded himself illnesss hitting chipotle. good morning, henna. >> reporter: good morning, there cases linked to the mexican restaurant chain chipotle. there are five reported cases. the customers ate at restaurants in two states, kansas and oklahoma. the illnesss started last month. it is fought clear if this is linked to a larger outbreak that began in october where at least 63 people got sick in nine states. modest gain the dow jones gained points and the s&p 500 finished 15 points higher. the nasdaq composite gained nearly 46 points. >>> a data breach exposed the information of more than 3 million hello kitty users. the

i post add picture and that started something, getting a lot of pick --%tures now. this has got all kinds of blooms going on. but now on the contrast as i preach about this. 125 miles west of here it is a little place called garrett county on the other side of the divide. a little different story. they'll pick up an inch or two tonight, as they get the snow going for a while. a little reality check here for a while, but they will not last long as we'll see the temperatures rebound quickly next week. a live look outside at the michael and son weather cam as it is down to 40. winds are out of the northwest at 17. high temperatures currently at midnight occurring just before midnight tonight. dew point is pretty low in the mid-20s. giving you an idea of the dry air mass. something you would expect for yesterday and the day before. very cold tonight with those windchills in the 20s if you're headed out. in fact windchills are in the 30s all day. chilly for the game on sunday and still nice near 50. the best thing about sunday's game, the pure sunshine and light winds, t

bond.32-year old martin shkreli is the c-e-o of turing pharmaceuticals. he's known for raising a blood drug price from 13-dollars-50 cents per pill to 750-dollars per pill. f-b-i in an unrelated case. he is accused of seven counts including conspiracy to commit securities fraud and wire fraud. prosecutors say he looted company money to cover personal debts. the judge also restricted his travav to rts of new york. his next court appearance is set for january 20th. pay-pal is increasing it's benefits for new parents. parents.they're doubling parental leave for new moms starting next month.e new mothers will get 16 weeks of fully paid leave.that's up from the previous policy of eight weeks off with 80 percent pay.new dads will get eight weeks.pay-pal is the latest company to recently boost parental benefits. shoppers at best buy today can get an i-phone for just a dollar.there is a catch though... though...customers will have to sign a two-year contract with either verizon or sprint. the deal is for the 16-gig version of the i-@hone six-s. those trading in w

martin shkreli resigned from turing pharmaceuticals earlier today. his resignation comes after he's arrested - accused of illegally taking stock from a firm he started to pay off other debts. earlier this ear he sparkk national outrage by increasing the price of a life saving drug by five thousand percent earlier this year. a lost wedding diamond is back in good hands tooght... after a will. after losing the diamond out of her less than two year-old ring... a gena woman got the surprise of her life. reporter eamon o'memera brings us the heartwarming story. driving home from a "i happened to glance at my hand and noticed that the entiri diamond out of my wedding band was mimiing." immediateey panic set ii. (katie swantek - diamond owner :12-:15) "it was a moment of complete hysterical mess." the diamond is insured. but that wasn't the point for katie. married in july of this year so i haven' even had it f f two years but it's such a huge part of my life already." she called each store she had been to. and posted a plea for help on facebook. luckily fo

the drug is similar to daraprim, sold by turing pharmaceutical after an uproar, turing's c.e.o. martin shkreli promised to low the price and then he appeared to backtrack. don dahler has more on this. >> reporter: when shkreli increased its price, they complained they were being unfairly vilified. >> there are a dozen companies just like ours that raise prices higher than ours and i don't see them getting the criticism i got. >> reporter: he's partially right. aftetevaliant pharmaceuticals ught the rights to a heart medication, it raised the price from $179 a dose to almost $1,500. activiviincreased the cost f fm $2,700 a bottle to over $1,800. >> you have your foot on the patient's throat. >> reporter: industry analyst richard evans: >> there is a moral obligation. u have to have the p pient's well-being at heart and you have to act accordingly. >> reporter: imprimis pharmaceuticals says they're doing just that. they're using the basic eir own version of t t drug. the infamous founder and ceo mark baum. >> we decided to take action to make this new formulation available to this

turing pharmaceuticals has appointed board chairman ron tiles to replace him as an interim ceo. a nationwide manhunt is underway.. after a texas teen convicted of killing four people goes missing. (45) "he's going to have to look over his shoulder the rest of his life. (48) authorities say "ethan couch" may have gotten a three-week head start.. and they believe he may have fled the country. and listen to this -- today from 5 to 9, you can rescue a four legged friend, and get a free ride on the world's largest observation wheel! vegas hot diggity dachshund club & rescue to find forever homes for their pups just in time for the holidays. anyone who donates 10-dollars will get a free standard ticket for the high roller, and if you adopt a dog... you'll get a free annual pass. stay with us.... tips are pouring in.. as the federal manhunt who coined the term "side bread?" because there's nothing "side" about this bread. it may look like the moon. but it's the star of the show. unleash the power of dough. that sound. like nails on a chalkboard. but listen to this: (family talking) tha

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the 32-year-old resigned as ceo of turing pharmaceuticals. a life-saving drug by 5000%. he was arrested thursday on fraud charges, unrelated to the pharmacy. he didn' t seem phased during his lifestream. shkreli : i can' t plead to that in any way whatsoever. pam: he says the accusations are baseless. bob: the new "star wars" movie is heading for a box office record. "the force awakens" already took in a record-breaking 120 $.5 million for opening day on friday, and $250 million globally. that number blasted the previous record held by the final "harry potter" movie. the film is playing in over 4000 theaters in the u.s., the whitest december release ever. is he projects the movie will pam: wow, well it sounds like a good thing to do during the cold weather. bob: yeah, sit inside a warm theater. mike: doesn' t sound that bad. although our relatively -- our daily low was relatively warm. we are 10 degrees above normal. it is the warmest december on record. with what is coming next week, i don' t think we are going to be falling out of that number one spot anytime soon. win

pricing only became complicated when it was acquired by turing.g to make our pricing complicated. we are going to keep it simple, $.99 a pill. you are partnering with express scripts to make this kind of the drug available. are you in talks with anyone else to partner up? >> we have been contacted by all of the big names in the pharmacy benefit management business. we are really excited about our relationship with express scripts. by the way, express scripts spends more than $4 billion a year on compounded drugs, and we hope to earn the right to eventually help them with the other parts of the compounded business, but we have been in contact with others. we hope to create similar relationships with all of the big pbm's. scarlet: let us know when you have an announcement to make. >> thank you. up, home prices in canada are surging with the average price of a home in vancouver now up to $1.2 million. what is behind the boom? more than half of single-family offices currently invest one/10 of their portfolio in private equity. signals allen december l

. >>> there's new information today about the controversial ceo of turing pharmaceuticals. martin shkreli says he is now stepping down. he was arrested yesterday on securities fraud charges. the 32-year-old hiked the price of a life saving hiv drug by 5,000 percent. turing says business will continue as usual, that no patients will be denied access to that drug. >>> presidential contender bernie sanders now threatening to sue the democratic national committee if it does not restore his campaign's access to a crucial voter database. the dnc cut sanders off from that database claiming the campaign exploited a software area to access confidential information collected by hillary clinton's team. the sanders campaign manager claims the dnc is trying to undermine their campaign. >> rather incredibly, the leadership of the dnc has used this incident to shut down our ability to access our own information, information which is the life blood of this campaign. >> the dnc says an audit will be performed before sanders campaign has any access to the database restored. you can see the d

. >> reporter: the charges do not include his actions at turing pharmaceuticals, where in september, shkreli brashly raised the price of daraprim, a drug that fights a rare parasitic infection, from $13.50 a pill, to $750. >> i'm a capitalist. i'm trying to create a big drug company, a profitable drug company. >> reporter: as he became a symbol of drug industry greed, shkreli spent $2 million to buy the only copy of an album by the rap group wu-tang clan. we didn't seize the wu-tang clan album, the fbi joked in a tweet. shkreli left the courthouse after posting $5 million bail wearing sunglasses in a in all, the feds allege shkreli lost $11 million in investors' money. his arrest was trending on social media all day, frequently followed by the hashtag "karma." scott. >> anthony mason, thank you, anthony. >>> the "cbs overnight news" will be right back. almost sixty million americans are affected by mental illness. together we can help them with three simple words. my name is chris noth from maine to maui, thousands of high school students across the country are getting in on the acti

a customer svice workers will work out of ture houses. ♪ >>> politics.tie climbing in the polls natiolly. his strategy focusing on new hampshire may be paying off aheadf the first primary. and a new poll shows him tripling his nuers. and trump is top, and ted cruz a close seco. and a recent boston harold pole, christie vyi for second place with cruz a mar rubio. >>>nd donald trump fr, at a speech lastight he cald hiary clinton disgusting for taking a bhroom break and then used a term for the male genitali and clton's claim would not respond tthe insts. >>> and fresh sisf a budget breaklew in harrisburg. it may end what ia sth monday stalemate. andoderateepublicans broke with the party leadehip to join docrats in a very close 100-97 ve clrgne of the hurdles for getting the budget past. and tomorrow the package fored by gernor wolf can come up for ve. and there is a $1 billion tax increase and pension rorm still in limbo tonight. >>> supreme court justice aiken suspend the with the porngate emas. and eils with lewd content nt by aik were insensitive and in