the presentation and welcome a q and a around this possible new plan >> good afternoon nicole united health care i'm the accounting exclusive i work in managing our partner plan good afternoon. i'm forest burke the chief financial officer for the united care solution our medi-cal business and director bohe and decorators thanks for your time today we've got a presentation probably a little bit longer you want i'll step through that quickly about how the program works and how it might be different than things in the past so nicole you got the - you can run the slides move to the first slide the subsidies slide. >> there you go. >> so a medi-cal advantage plan takes the part organization benefits that are medi-cal part ab part a a hospitalization and skilled nursing worker and b is outpatient and physician services in the case we'll be proposing a medi-cal m ap d the benefits of the pharmacy plan and combines them into one completely clinically initiative plan as a result the member experiences that the chair a single card that covers everything; right? including narrowing drug coverage and t

united health shares are indicated 116 to 128. i haven't seen any trades there. >> we have seen the pharmacy benefit management getting bigger and bigger and excerting their will over the drug companies in the situation. in the release it said that 2015 catamaran expects to fulfill more than 400 million prescriptions combined with the 600 million annual. it will combined the data to be a competitive force in the industry. we've seen express scripts kind of putting their pressure on the drug companies to say what they will and won't pay for. it seems like it's an industry where you have to be big to enforce your will on some of the drug companies. >> i don't even know catamaran. >> i've never heard of them. >> but we are seeing more and more clout from the companies and we're seeing cost pressures everywhere in health care. so take a look at that. i was just proud i remembered united health care was -- here are the big -- >> go fast on a monday morning. here we go! >>> other big stories we're watching. the nuclear talks with iran a

united health one of the top performers of the blue chip. catamaran up almost 24%. teva agreed to buy uspects for more than $3 billion, while horizon is acquiring hiperian therapeutics. those st terrell looks at what is driving >> the consol tags in the health care industry co united health purchased a pharmacy benefits manager catamaran. it's just the latest in a series of deals in the space. >> it's a market that's going through a long-standing period of consolidation. express scripps has a history of creating value through acquiring businesses. the last big one being the metco acquisition. two of the three largest players. >> the result for one, greater power for pbns to negotiate drug prices. benefit managers including press scrips and cvs health. the catamaran deal strengthens the third largest player. that c be bad news for the drug industry. drug companies are already contending with pressure on some of their biggest products. specifically for hepatitis c. >> the more market power the pbm's having and hmos have they are promising they will lead to lower drug

participate in medicare basically one-tenth of one percent members decreases submitted claims no united health care that will not submit claims to medicare health care under the p po plan. >> the punch line 36 percent out of network those providers represented they'll accept the plan and will file the claims directly with us so having no disruption whatsoever i mentioned the house calls program which we think is a high impact program we identify the members that maybe have two or three chronic disease states the participation goes into the home and literally goes through the medication cabinet with an ipad of questions to ask this is closing gaps in care and providing a coordination of care and in between the providers that a member sees and ran corporation did a research and presented their finding as a result, the advance meows notice highlighting those in home nursing segment will continue but establish best practices along the lines so we're rather pleased with that outcome if we jump to the next slide. >> just interrupt this part of house calls there's a request for that. >> they don't ha

united health care sends out tens of millions a year.we think we are pretty because we don't understand it but the company doesn't understand it. how can that be? how can you have a system like that? the answer is because you can because when a system is unaccountable they can basically do what they want. he didn't do liberally make that unintelligible. although some people think insurance companies to make it unintelligible. he was actually kind of surprised. >> so i want to conclude with a couple of questions. the first one is your solution which i would say in the health policy community has been totally ridiculed and laughed off the platform. >> the health care policy community has done such a good job up to now. >> some of us think we've done a reasonable job. maybe you can explain your solution and why you think it's the right solution. >> the health care policy usual solution which would be if we could go back to 1943 and change when employers were allowed to give insurance is a single-payer system. we cannot argue that is the rig

that story and more when we come back in two minutes. >>> united health is buying catamaran. that's $61.60 per share. hyperion xwhoe all these deals in cash. a wig deal day. a merger monday if you will mandy, for that health care business. back to you. >> multi-merger monday. thank you, dom. >> well opening day at brooklyn's coney island didn't go exactly as scripted. everyone on board was successfully rescued by the crack staff at coney island. wasn't it you, ty who said to me just last week i love roller coasters but you do not like those rickety wooden ones. >> i don't like -- man, it's cold today. who is getting on that thing today? >> what were they thinking? okay. elsewhere facebook is expanding its physical real estate with a new building opening for business today. julia is live in los angeles with a look at the space. hey there, julia. >> hey, mandy. that's right. facebook expanding its menlo park camp yeahs with its tenth building. they're calling it mpk 20. the company sharing photos. one of them taken by drone. the nine acre green roof on the building. there you se

more health news, united health, nation's largest medical insurer, is planning to buy drug benefits manageran at that maran for $13 billion in cash but is it good for your health and wallet? we have owe vick roy, manhattan institute. you are coming to us from miami. you look pretty relax, my friend. >> i'm pretty relaxed. gerri: are there implications for consumers in this deal? >> yeah. so one of the big things going on in the health care world is that drug companies and biotech companies developing these new treatments they want to charge high prices. to reward themselves for all r&d. insurance companies on the other hand, want to keep prices down so they can keep insurance premiums lower and get more business. this deal, the united health deal with catamaran, it's a way of basically gaining leverage over the drug companies so they can convince those drug companies to give them rebates or discounts so that those drugs will cost less over time. gerri: so you unitedhealthcare here paying become $13 billion in cash. it is not a tiny deal. it is very big. any implications for consumers? might

so united health spenting $12.8 billion to buy catamaran, a pharmacy benefit manager, if you put up united health you see the move that that's doing, and that's helping the dow. we're now up 219 points in the dow jones industrial average. there's some other deals that are out there as well. we've got some follow-through on the semiconductors. there's the xle. micron and free scale are on the upside. china has had a huge move because they're dropping all sorts of hints that stimulus is coming. over the weekend, the country needed to be vigilant on inflation and deflation rather a slower economic growth. they said they have room to act. dropping all sorts of hints that stimulus is coming. another 2.6%. that's a seven-yier higher. the highest level since march 2008 for the shanghai index. europe's up about 1% right now. there were a lot of economic confidence indexes that were out. they did well. the italian business confidence index, for example was at the highest level since march of 2008 as well. so about 1% move over there. here, the leadership, well we're back. it's an interesting mix, s

in 2012 united health came in and craft was taken out. goldman sachs replacing alcoa.anges in 2014 and today apple will replace at&t effective march 19. we reached out to s&p and dow jones and they said they did not run the numbers so they could not answer a question but the presumption here is that the dow would have been higher. >> there is no shortage of math expertise. what are the results? >> one of our equity specialists ran the numbers and came up with an approximation. let's show you the charter of the dow jones industrial average since the start of 2009. the y-axis is not the actual level. the dow jumps 162%. we figured out what would have happened in here is what he got. that is the yellow line, a bigger gain. 221% increase, a difference of 59 percentage points. this is an approximation and the chart reflects price appreciation of the dow's constituents. we not making a claim on where the dow would have been and this does not include reinvested dividends and all of that. >> whether it is the dow or the s&p, fund managers are matching the index. >> i have been

it's time to honor our sponsors kaiser permanente your top webb core builders and wells fargo and united health care you rock stanley lange do have foundation and sf your grand and at&t and pg&e let's give them a great big hand hand. (clapping.) >> the heros for the year this afternoon they all have gathered here i sing it allowed and clear it's their communities that they all hold so dear my how this is is a hurray dr. diane leads the way and dr. edgar pier we see you're also gifted we thank you will have you for all you do so raise glass and give a cheer to your new hospital opening in december this year in san francisco welcome, welcome me home i'm coming home to room no more. (clapping.) >> (piano playing). >> thank you, stephanie and beach blanket bagging babylon there's a little time left from the auction in heart pleased visit ebay works table to introduce our final heros of the day please welcome janet chief executive officer northern california kaiser permanente. >> (clapping.) thank you so much wow, i wondering if that hat is available on the auction later day today, i bet a lot of pe

and its global health care consulting business unit, hillco health. and by the alice kleberg reynolds foundation, and viewers like you. thank you.

that the building opens on time the next item top provided we're working on a daily basis is the united health records much decision bureau the budget source the product selections and participating opportunity like uchls in other that county as well as our ongoing h.r. readiness prepared activity other items are just as important from security and risk prospective we have it 10 and x p litigation all our devises are being placed and many of the servers we say approximately 5 hundred servers and many other key initiative like population and health information exchange system and keeping the lights on every day so having said that, i'd like to focus your verdict to the two prim technical high-level status the rebuilt currently we're tracking the target date and budget she didn't have it team is fully engaged in moving forward we have some issues with the contract negotiations that needed our pressed timeline many of our work effort has buffers built in we can mitigate some risks we experience outside variables that potentially delay we are expensing some concerns we expect to see many of those

. >> katherine i think the intent to present next month the traditional city plan this united health care product that is also p po as well as blue shield and kaiser i mean so it's not you could vote to replace it or vote to leave both of them if we were to replace the medicare we need the plan to deal where our retirees there's no intent to eliminate city plan that's an important message to send to activities and retirees. >> i understand that is something you'll consider at you're next board meetings the saved opportunity and this gadsby reduction opportunity i think we've profiled it more than $25 per member per month from a savings stand up that's before taking out the administrative savings you'll chief by moving them off the city plan closer to $50 per monthly savings you'll have to evaluate that when were you have all the details in front of you i'll be happy to answer any questions but thank you for all the great questions and your time. >> i have a few questions this is a medicare assignment plan medicare will be assigned to you. >> so we take a premium from medicare. >> rig

also by hillco partners, texas government affairs consultancy, and its global health care consulting business unit, hillco health. and by the the alice kleberg reynolds foundation and viewers like you. >> i'm evan smith, husband and wife. thirteenth studio album fade was released last year. they're ayera kaplan and georgia hubley, this is overheard >> actually, there's not two sides to every issue >> i guess we can't fire him now >> i guess we can't fire him now. the night they win an emmy >> being on the supreme court was an improbable dream. it's hard work and it's controversial >> without information, there is no freedom, and it's journalists who provide that information >> window rolls downed and this guy says, hey, he goes until 11. [ [laughter].] >> irera, georgia, welcome. nice to see you both >> thank you. >> december of this year is 30 years since the band possible. >> yeah diswhra how is that possible? you look the same age. i used to see you when i was at college. you seem exactly the same. it kbt be 30 years -- cannot be 30 years >> well, that's one of the advantages of never going awa

also by hilco partners, texas government affairs consultancy and its global health care consulting business unit, hilco health. and by the alice kleberg reynolds foundation, and viewers like you. thank you. >> i'm evan smith, he's a iconic independent filmmakers and two time academy award nominee, just released boyhood garnering the best reviews of his career. he's richard linklater, this is overheard. >> there are two sides to each every. >> i guess we can't fire him now. >> i guess we can't fire him now. [laughter]. >> the night that i win the emmy. >> being on the supreme court was an improbable dream. it's hard work and it's controversial. >> without information there is no freedom and it's journalists who provide that information. >> window rolls down and this guy says, hey, goes to 11th. [laughter]. >> rick, good to see you. >> thanks for having me. >> congratulations. seems like an jud understatement here at this point. the reviews are the best. no film you've made has gotten anything like this. >> the last two, bernie and before midnight i thought each one -- i thought it doesn't get any

he was comfortable in the mental health housing unit and once he was cleared for general of had populationized that it wasn't too comfortable over there. now he's doing his best to get re-evaluated and get put back in mental health housing. >> um, all of it was fake, basically. i just -- it was like a whole act that i was doing. >> why? >> so i could just get to the other housing unit so i wouldn't have to come to either here or go to general population. >> it's not uncommon for inmates to want to spend time in the mental health unit. there are no cells, fewer inmates and it's a quieter setting. >> i just like it to be quiet where i could watch tv. >> you're a heck of an actor. >> thank you. i seen a lot of people throw temper tantrums before, saying they are hearing voices and suicidal and all that. if you're going to do something, you got to play it out to its fullest. >> officers say they won't take risk if an inmate appears to be in a state of distress, it's not the first time they hear one cry wolf. >> you get to know after a while who is pretty much playing a game and who is for real

united health is buying catamarand.its drug business so they can have better negotiating with pharmaceuticals. a stricter testing of pills at the country's largest retailer of dietary supplements. gnc and three others were accused of selling herbal supplements that were fraudulent or contaminated. new procedures will be tougher than those required by federal law. tim cook warns that "there is something dangerous happening across the country." in an opinion article for "the washington post," the openly day ceo of apple denounces a law in indiana. critics say the law will allow businesses to discriminate against gays. on abc's "this week" governor mike pence said the law's intent is to protect against government overreach. governor pence: it is the law by either statute or court decisions in 30 other states. the purpose is to empower individuals when they believe that actions of government hennepin john doerr constitutional first amendment freedom of religion. matt: -- impinge on their constitutional first amendment. free

a pair of deals in the health care business united health has agreed to buy a pharmacy benefits company for $12.8 billion in cash. united plans to combine it with its own drug benefit unit. a team of pharmaceuticals is buying a san diego-based company. intel's possible acquisition of a fellowship creator could be announced within the week. lastly, people familiar with the matter told us intel and altera were trying to be the log gets -- the largest acquisition of intel's history. tesla ceo elon musk has tweeted tesla will unveil a major product line april 30. he tweaked it is not a car. he says he is very optimistic about the future in china despite low sales certainly off among chinese salespeople. now to the lead. indiana legislators are looking to clarify the state's controversial law which is average many. the law allows businesses to deny services to people based on the business's religious views. among those speaking out in the tech community is apple ceo tim cook which we did apple is greatly disappointed. marc benioff is limiting employing travel to indiana. angie's list has wit

two dow stocks hitting lifetime highs lifetime highs nike and united health.at footlocker also hitting a new high thanks to nike. charles payne recommended footlocker on his program two weeks ago. it is up 6%. now this. we have 17-year-old with us intel announced her as the second place winner in their science talent search and she won $75,000. round of applause. for investigating how to help naturally enhance plant defenses to a eliminate the need of pesticides. she is with us now. i am loss of course. can i put this in layman's language? you worked on a way for flats to use their own defenses against pesticides. is that roughly accurate? >> almost. there is a pretty dangerous type of plant parasite, every year they account for $100 billion of damage and the only way we have to control them is toxic fumigation which is deadly to the environment to people and highly risky procedure. the really interesting thing about this parasite is when they in fact plants basically proteins the shutdown of flat's success system. in my research identified one of these protei

investors in united health love it. it is 121 as of now.he price of oil five below the $250 level. another million barrels of oil on the market fairly soon. oil out $48 a barrel. maybe i will get that gas price plunge after all. the "new york times" reports that iran has pulled back its earlier agreement. kt mcfarland is here. i am told that europe will make sure that his deal is done. president obama really wants the peacemaker legacy. >> i think that it will get done. it will be a really great deal. the soviet union did it to reagan. you think you have the deal. there are just a few more things we want to discuss. they want their legacy. just like you said. he will be more like chamberlain . >> i was remember those guys. seriously, there is a story this morning that senator schumer he signed on to the menendez bill which says, is surprising, you have to run any iran deal bias in congress. pretty sure they will have two do this. >> that absolutely is. >> the whole point is deal is have a deal with iran. we do not have a nuclear answer in t

united health. disney. an announcement of another frozen. you can really see this across the board.e day we're talking about oil hovering around those loans. melissa: we have all been there. you want to read that story online but you have to pay a monthly membership to read it. pay for an article rather than a monthly fee. this is a real disruptor. they put up a pay wall. >> and is showing some positive results. >> each article cost an average of $0.20. the revenue is split roughly between you and the publisher. it can really add out. do they feel like it will eat into their subscribers? >> i think honestly, right now you pump into these. you need to register again. you have to think multiple subscriptions right now. what itunes did for music we try to do with journalism. we noted that a user spends a lot within one newspaper that is the moment we will try to push a subscription to that user to make it easier and cheaper for them. melissa: i also think it is interesting that you have a money back. the. you say on average only 5% lead articles and ask for money back. alexander, good

including travelers, united health and disney. so those have been the big movers. >>> also we're going into the close, up 201 points, traders think it's smooth sailing. there is not a rate hike any time soon. liz: not at all. thank you so much, nicole petallides. at harvard covering the impact and hypergrowth of mobile payments all day long. how are other parts of the globe, india, tanzania, where many have zero access to a bank, how are they reacting and embracing this technology? how about by bypassing banks, thanks to vodafone, michael joseph, the director of mobile money at vodafone and founder of m pessa, helped third world and developing nations start to pay for stuff. you want to bypass the banks? >> we can't bypass the banks, they are our partners or work with us. we need the banks, most banks integrated the systems into mpesa, you can move money from a traditional account to their account and vice versa. liz: there are stories of people actually taking bags of money, paying a bus driver in nigeria to drive to kenya and gi

and its global health care consulting business unit, hillco health, and by the alice kleberg reynolds foundation. and viewers like you. thank you. >> i'm evan smith, she's an actress and comedienne who joined the cast of "saturday night live" in the featured player as in the show's 39th season. is it's noel wells, this is "overheard." >> chilly there are not two sides to every issue. >> yeah. we can't fire him now. >> i guess

. >>> now to delaware where a lawsuit was settled against united health care of pennsylvania for unpaid bills. two similar sights suits were settled last year. >>> the nbc10 first alert weather team has been warning us. now it's almost here. >> we're talking about the winter storm that could have us shoveling the most snow we've seen this winter. let's turn things over to our nbc10 first alert meteorologist. >> let's begin with sheena parveen. she has the late oelts timing of this winter storm, which is so important. >> that's right, jacqueline and keith. i think a lot of people looking outside feeling how mild today will not be feeling snow is coming next. we have a first alert weather day out tonight into tomorrow evening. a lot of the rain you see tonight will be transitioning to snow while you're sleeping. we'll see snow around for the thursday morning rush. this is what it will be impacting tomorrow morning. before you're about to leave. you want to be careful on the roadways. right now here's a look at the current radar. it's too warm for anything but rain. we're seeing rain aroun

the teva deal was $2.8 billion deal and united health, $12.8 billion purchase of catamaran.today. why is that? >> no doubt. jpmorgan was a leader on the dow jones industrial average after an article in "barron's" had 30% upside potential and trading cheaper to its peers. we got to see jpmorgan really excel, up 2 1/2%. bank of america, goldman, wells, gained 1% plus. cheryl: hear it for the shoppers, nicole. number of retailers hitting all-time highs. >> right. a lot of names we know. tjx, target, food locker and carmax and general mills and kraft, just to name a few. the consumer names really did well today and outperformed. david: there was one group that didn't do too well. the gold bugs are not very happy today, nicole. >> gold in the after-hours, 15 bucks to the downside. commodities under pressure with a stronger dollar. jobs report will be key economically. [closing bell ringing] cheryl: nicole, by the way, great job for parade on sunday. david: oh, yeah. congrats nicole. we're very proud. cheryl: here are the numbers for you. big rally for and mo. look how the markets

united health. right? there's the second best dow performer 20%. disney, 13% is on that list., 14.5%, as i said. those the kind of names you want to stay, or do you want to rotate to a p & g that underperforms or exxon that underperforms, a microsoft which underperformed, a cat when underperformed? >> i think those wuntz you just listed on the down side are going to stay there. i mean, cat has some real problems. we used to tone it, and just nothing is turning the actual business around. we still get these monthly dealer sales that are terrible. month after month it's been like three years of that. actually, apple is fallen off of its high. i think the home builders, lennar, dr horton, some of the stocks are now taking out their 2007 highs from the housing bubble and they're doing so in much better condition and with much better backlogs to the future. that's my set. >> you want to give me a final trade for this day? >> in 30 minutes i want to hear what warren buffett has to say about exxonmobil. i think it's interesting he got out of it. i would love to hear what he thinks ab

also by hilco partners, texas government affairs consultancy and its global health care consulting business unit, hilco health. and by the alice kleberg reynolds foundation, and viewers like you. thank you. >> i'm evan smith, he's a iconic independent filmmakers and two time academy award nominee, just released boyhood garnering the best reviews of his career. he's richard linklater, this is overheard. >> th a

also by hillco partners, texas government affairs consultancy, and its global health care consulting business unit, hillco health. and by the the alice kleberg reynolds foundation and viewers like you. >> i'm evan smith, husband and wife. thirteenth studio album fade was released last year. they're ayera kaplan and georgia

united health today, right, a lot of unusual things going on.nh hit with the people going out to the march 27s, the ones after the normal march expiration cycle getting the extra week and looking at the 113 calls, buyers at 250, lot of folks if you look at the chart the stock has been moving higher people think it's going higher. >> another tough day for oil even as the dollar moves lower today. crude down more than 1% as joe was noting earlier. jackie deangelis has more. hey, jackie. >> good afternoon, scott. if we see crude settling at these levels, it could be the lowest close since april. sto sorry, distracted by the singing in the gold options pit. we have a dollar taking a breather a little bit today and oil is also falling. that's not a typical relationship. what do you make of it? >> well, to me it means that oil maybe does have room go on the downside. i still think this is just an elongated bottoming process and it's gone on for six to seven weeks and maybe it does have its eyes on the lows of 45 bucks. and i think that will hold. i th

united health buying catamaran for $12.8 billion.atamaran is a provider of pharmacy management services p it and horizon is buying high. for 1.9 billion dollars good hyperion will get 46 toes per share in cash. that's $46 per share in cash. -- hyperion will get $46 per share in catssh. teck resources is down in hours after trading after surging 10% in the regular session. it says that it is not talking with antofagasta in relation to any transaction and their is no significant movement. we will continue to monitor this one for you. alix: mike pence defending the religious freedom restoration act on abc's little show this week with george stephanopoulos. he said the purpose was protecting the religious liberty of people with faith and empowering people to confront government overreach. govergovernor pence: there's a lot of tolerance that a lot of talk of tolerance having to do with people on the left. here indiana steps forward to protect the constitutional rights and privileges of freedom of religion for people of faith and families

. >> caller: is of the cost of health care services in the united states the most expensive in the world? i think i have heard we spend twice as much as a percentage of the gdp on health care than any other country we have private insurance, medicare, medicaid so if you compare all the cost we pay more for surgical procedure, drugs twice as much as canada. >> host: hold on for a second is that true? >> guest: yes. with other developed nation we spend more on health care and we still are than most countries in the cost is rising. it is settled law were rate for recent years but it is still rising. >> host: what is your concern? >> caller: what i wanted to say is obamacare is the old republican idea of competitive health care exchanges with private insurance to require people with individual mandate does that come at of the heritage addition and the health care proposal from 1992? but a lot of people like me thought we would want a single payer system so obamacare is the in between compromise part of the republican idea? that was romney kerry massachusetts. >> guest: it is true that a lot

make of these latest -- the fact that he's being put in a new orleans prison that has a mental health unitbringing up neurological surgery he may have had? >> i think robert durst is anything but suicidal. it's like sherlock holmes was a self-described functioning sociopath. i think that's exactly what robert durst is. i think he's got a creative defense team. they came up in galveston bay when he was charged with murder there and acquitted with self-defense. this is another tactic they're taking. they're going to see if they can hang with it. they have a lot of evidence against him in l.a. good for them coming up with this. more power to them but i don't think it's going to stick. >> ellen, in terms of your work working on this for 18 years as you did, you and a lot of kathy's friends went through robert durst's trash and found stuff that you would -- it is out of a fiction film you know checklists that suggest that he was going down -- ticking down a list of items in terms of how to dispose of a body. all kinds of weird things are coming up. how much evidence do you think is still floati

united health will pay 6150 a share for the manager, financing a deal with cash and debt.nt obama traveling to boston today. the president stumbled after landing at the air force base but he made a quick recovery. a dedication of edward kennedy institute. those are your top headlines this morning. coming up at the 9:00 hour, nasa begins its one year in space mission. clay anderson is joining me in a few moments. with a likely launch of a presidential campaign around the corner, hillary clinton will speak on how she will approach policy debates. during a speech in washington, she sounded off on how two big economic themes will play out. wage stagnation. hillary clinton: a lot of our city -- cities are truly divided they have inequality that is only gotten worse. they have some of the most dynamic, well educated, affluent people in the world and people trapped in poverty whose skills are not keeping up with what the jobs of today and tomorrow demand. betty: still with us is billionaire john paul dejoria. also the academy of the american dream. america still works. then you h

dow win is include home depot pfizer united health technologies among the leaders on the dow.ng back the airlines. many of the airline's been down this week about 5% 4%. jetblue southwest spirit airlines bouncing back, 2% delta up 2% the parent of germanwings showing a slight gain despite a weekly loss. game stop under a little fresher after they gave an out look that was worse than expected. much more "varney and company" coming up. [ male announcer ] legalzoom has helped start over 1 million businesses. if you have a business idea, we have a personalized legal solution that's right for you. with easy step-by-step guidance, we're here to help you turn your dream into a reality. start your business today with legalzoom. charles: this is what you call a blowout win. kentucky beat west virginia 78-39 and this after west virginia made a bold prediction that this would end kentucky's and been season. kentucky actually doubles them up. more basketball news, legendary south carolina coast dean smith who recently passed away left something behind for his former players, $200 to each

. >>> health care is close to a deal to buy united surgical partners as it responds to changes in the u.s. health care system. >>> and welcome everyone to the show. you're watching worldwide"worldwide exchange" exchange". last week investigator discussion was dominated by janet yellen the dubbish fed statement taking the market by surprise. the s&p 500 gained about 1% last week. the health care law having to do with the rally we seaaw in bio tech on friday. there's a lot of numbers we're watching. but here in the u.k. ftse 100. >> absolutely. closing on friday at a record all time high. just off this morning. we saw u.s. equities rally hard because the fed was dubbish suggesting it won't tighten as soon as people expected. that's why the ftse 100 went up. the mpc on thursday wasn't quite as hawkish as people expected pushing back rate expectations. we're only two weeks into the ecb bond buying program and u.k. and u.s. equities outperformed european equities. >> it's amazing to watch. the stronger dollar the impact it has. we'll get you the sound byte from bullard. take a look at futu

dow movers here, ibm and united health are the leaders on intel and caterpillar coming under pressure gold on next. looking at some earnings, costco on the s&p 500 kroger up 5%. costco up 2%. both cash and not with their quarterly reports and earnings. as we just showed you we are continuing to follow the story of delta with one of their aircraft skidding off a runway at laguardia airport in new york. we are hovering around session lows of 1.7% bid airlines are lower today. the future of the market is never clear. but at t. rowe price we can help guide your retirement savings. our experience is one reason 100% of our retirement funds beat their 10-year lipper averages. so wherever your long-term goals take you we can help you feel confident. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. call us or your advisor. t. rowe price. invest with confidence. stuart: this is becoming a major story. you are looking at a still shot of a delta plane that skidded off the runway at laguardia. we are t

you've got united health and stocks leading overall. still pretty good. far more advancers than decliners today. i think it's very important that we've got to big oil on a day we hit new lows on oil. the big oil stocks have all turned positive. exxon, chevron, schlumberger and conocophillips. they're getting slapped around. slightly higher rates right now. buying rates are low, sara. that doesn't seem to be an awful lot of worry going into the bond market. >> we've had a few data misses as well. >> a number of data misses and they may factor that in. >> bob pisani thanks very much. tyler? >> sara thanks very much. the oil rally has run out of gas and how. crude prices now hitting their lowest level since 2009. quite a reversal. there you see the prices at west texas, that's the one that hit the multi-year low. bertha coombs on the trading floor. hi bertha. >> it's like that scene in "life of brian" when the undertaker keeps coming by and he keeps saying, no no not yet. when we're getting a little relief of the dollar we're hitting post financial crisis lo

he has been held for now in a mental health unit. durst also faces gun and drug charges for his arrest in new orleans. >>> so far durst is a suspect in three murders but there may be more in california. investigators are looking into two cases from 1997, a 16-year- old girl who vanished in eureka and another woman who disappeared in san francisco. in the eureka case, durst resembles a police sketch. in the other case investigators say he was in the area at the time. a north carolina woman started a foundation named after her. the founder says that she has been in touch with the family. >>> three militants are still on the run in tunisia after storming a museum killing 20 people. hostages were seen running for their lives with the help of security officers they scrambled out of the bardot museum. it's the deadliest attack on civilians in the north african country in more than a decade. it happened in tunisia's capital. the gunmen wearing military uniforms were armed with ak- 47s when they started shooting at tourists getting off buses

units. public health director james maloney says his agency's history with the complex centers on aging pipesl link steam heat to the 240 units here bursting. he says mold is not been on-going issue as for mushrooms? >> well, this is a fir. we tried to ask management what's up with the fungus? >> i don't want to be on camera. >> reporter: what's going on over there. >> i don't want to be on camera. >> reporter: stop. >> please stop. >> reporter: mushroom stuff. >> right. >> reporter: yeah. >> we'll take care of it she's moving out tomorrow. oh she is. >> yeah. >> how did it get there. >> we have no idea. we have to spec it. please i don't want to be on camera. >> they released douglas from her lease and return her $600 security deposit. douglas wants two months rent back as well. she's moving out never to forget her brush with indoor gardening. >> reporter: the wear you're looking at it it gives you the skievies. >> it d it's disgusting. ill really is. you can really get sick from something like that. i can't even have my grandchildren over here to visit me. report roar jeff cole fox 29 news.

affordable care act, tenet and hospital corp and united health were affordable and people cared that's money. boy, have they done well. look at unh dow stock amazing. you don't hear people in washington saying i think they made egregious profit but was they wrote legislation. >> a lot of people trying to read into what kennedy was saying during oral arguments yesterday. we won't know for a long time. >> we won't get the decision until june or july right? late june. >> kennedy one ofs dissenters in the prior challenge. >> thank heaven i'm not a supreme court reporter. >> apple, going to be the lowest close in a couple of weeks. this report out of bloomberg, they're delaying production of the larger 12.9 inch ipad. of course all of the reports about being in talks with hbo for some over the top service. >> deutsche bank says look the watch, not going to than great. i want to know how do they know? do they think apple doesn't know the market? it's like you sit there and second guess tim cook. what happens your edge? tim cook he hasn't been right about the iphone 4, 5, 6, he's not been rig

you have to say, listen if i can do early morning, then why can't i did g to humana to united health -- >> i'm hooked in here. >> breast cancer they actually have that. again, that's holy grail. don't know if they have it but anything that makes it so there's an early warning system means that people are going to not have to spend as much team in the hospital if something really goes bad. your insurance company will want that, and your company will say to the insurer, i gave these people an apple watch. >> you have a wearable device. i'll cut your people yum 5%. they kind of throw it in. we have this other good news. >> who knows? i mean those of us who have it and don't use it or don't use it as much i think are keefe saying i get that. >> you made the point earlier that apple for you is not a trade. it's a good core holding. you and i remember the days when dell was the stock everybody loved, and it's easy to love apple. when you fall in love with a stock, it can be a dangerous thing, can't it and what's the difference between apple today and dell 15 years ago? >> i once took a cha

. >> the real estate millionaire is on suicide watch outside new orleans in a mental health unit a rested sunday on a gun charge he waits for extradition to l acal to face charges of murdering a bay area resident and now, a father believes durst might have been involved the oakland police department said there is no reason to believe he was responsible. >> tonight's money matters stocks ended with a nice rally after the federal reserve signalled it may move slowly the dow jumped 227 points, nasdaq climbed 45. and blue shield is protesting a decision to strip the health insurer of it's tax exempt status. it could put blue shield on the hook for tens of millions of dollars of state taxes every year. >> the view service launched in philadelphia and chicago let you watch a limited number of channels over the gaming system for a flat fee. >> turning now to the california drought, a northern california community is in danger of running out of water. >> water is scarce but for those in this community, conservation is critical. >> if you come to my house shower before coming up. >> in this image,

determine 0 those unite nothing structural that abatement has been done we we abated that unit not effecting someone's health or moving through the abatement system but the common areas i can't be having them move back and forth that will be a safety hazard. >> the other 3 unit what is happening with them. >> they've been asked to leave. >> on the same type of timeframe. >> we basically i'm not sure what the city is going to require for code upgrade i know that after we have to rewire the 3 unit we're redoing but iepts this is upgrades to be done in the occupied areas as well as the common areas i'm not sure the code step up to the plate so my timeline may adjust a little bit but i'm fingering you know four months for everybody to be out and we'll move people back into the building. >> did you folks provide an overall schedule. >> i put poekt total a light schedule the letter brandon got was a typo she put down for the 28 of last month that was the 29 of this month when the city coming out came out to inspect the building they said we can red tag it now i said we're going to have not have the tenants move ou