days see a bread and circuses and i want to show another chart that again this is provided by united health group the largest health insurance group in america and they're the ones that saying go and put people on medicaid because this is stupid to have these exchanges because those public exchanges were meant to according to the see.

days see a bread and circuses and i want to show another chart that again this is provided by united health group the largest health insurance group in america and they're the ones that saying doa put people on medicaid because this is stupid to have these exchanges because those public exchanges were meant to according to the c.b.s. show have twenty five million people on them by now but according to facts in fact they have. ten million people if you look at this this is the health coverage in the us twenty seventeen employer sponsored insurance provides insurance for one hundred seventy four million americans medicaid seventy five million medicare fifty eight million and the public exchange ten million and that i think that is like the sort of you know the coliseum the the gladiator sort of games is all of those ten million eighty percent receive subsidies from the taxpayer is two million people that are forced on to these gory exchanges where they're getting twenty thirty forty percent increases annually and they have to fend for themselves and the like provides amusement to people like

and as alluring as united health seems, there are little dope traps. like, when you have lab tests, you have to pay for them, and emergency room services are higher than before, $15 more. and what i'm afraid of, you're looking at a duopoly, where you have two choices, and essentially they're going to be the same. i like the idea of bringing back the city plan for everyone. i would like to see that because it's more competition, and more competition means that we get greater benefits. it also means that the employer gets good benefits out of it, too. so i have to admit that i don't keep up with the complexities of what has been presented. i -- it -- basically, i'll have to go back and get an mba to understand it. but at the same time, i get a general gist that there's a potential phasing out of the city plan, and i think this is very dangerous. thank you. >> thank you for your comment. is there other public comment? >> good afternoon, commissioners. this has been a very painful and very difficult process, and i've tried to look this over very carefully.

based on the rate and renewals prepared by delta dental and united health care. we also have the option of looking at adding the smileway to the retiree population as well, since we have elected to add it to the actives. the following pages we present the renewals with the rates, so on the next slide is a delta dental retiree p.p.o., so here you can see that with the status quo plan, the 2018, really 2021 renewal would be no change. so, they are proposing keeping costs flat through 2021 for the retirees. with the smileway benefit that, is the table below, then this would increase the rate by 1.9%. on the following page we look at the delta care h.m.o. plan, and here for both actives and retirees, no change from 18 to 19, and the rates are through 20-21. >> president scott: these rates below are guaranteed through 20-21? >> although we approve them annually. >> i understand. the first sentence 2021. >> united health care dental h.m.o., rates are only through december 2019, 1 year, and no change in both, in either the active nor the retiree rates for this dental h.

recently united health and aetna announced they'll start sharing some rebates they negotiate. we believe this is a step in the right direction and sharing with patients is an idea that we support not only in the commercial market, but in medicare part d as well and we need to move away from a convoluted system of list prices, net prices and rebates to one that measures values through the eyes of the patient and enables the private sector for new and better ways to pay for medicine. in short, the supply chain is complicated, but we must make sure that the patients benefit from the fruits of the competitive marketplace because until we address the costs that patients pay out of pocket, the work of america's health care system isn't done. we have to get this right and i believe we can. it's now my pleasure to introduce two of our great speakers this morning, ian reed is the ceo of pfizer one of the premier biopharmaceutical companies. ian is a 40-year veteran of pfizer having overseen five of the company's global units. during his storied career he's had a seat at the table with

afford health care that's the way it's set up why can't i write that off well let's look at what united health group says the biggest health insurance provider in america and they having looked at all these exchanges participated in the obamacare exchange in america if you're poor enough you get free care you get medicaid if you're poor enough in certain states had expanded the level so medicaid you have to be under the the old medicaid you had to be under the poverty level and it was very difficult as a single guy you had to have children you had to be a woman you had to have a say a single be a single mother essentially to get that free care and a lot of children a lot of elderly are on medicaid as well as medicare then they expanded it under obamacare that states could raise the level of income that would qualify you above poverty level and guys could single guys could then get medicaid then if you're still earning too much you could still be subsidized so you go you have to go into the obamacare exchange and buy it's.

log corp was a long term partner with united health.s also extending its relationship with aetna so its shares are also higher too. one analyst said that in is a clearing event for lab comp, that they're akuwaiting the announcement from united health. that was kind of overhanging the company. >> this is a petch, not an investment, right? >> right. >> could it lead to that? >> it doesn't look like it at this point. basically it gives quest diagnostics access to more patients. that same analyst said it is clearly a positive with yuneled health. 48 million-plus covered patients. it will have access to all insuranced patients nationally. >> are there other companies that will be interested in acquiring quest dynamics? there have been a lot of mergers, not necessarily primary partners in the past. to -- i yew seen a push posed that question to jonathan palmer because that occurred to me also that with all of this activity, we haven't we seen it with lap corp or quest dynamics. he says it's not viewed by many .c.'s or investors of having a re

united health care mirrors that chart. make an argument they were i think more insulated from -- depending who the middle men really are not sure anybody really knows. bottom line, also think some of the pbms look okay here. the entire sector was underperforming because of the fact that i think there were other places easier to make an investment this makes an investment not all clear. >> i mean, look. during the day, interesting when he started to speak, bids on our desk canceled. the rollover of birs tauyers taa walk, see what he says half way through, buyers back in market turned, not said unexpected a lot of people anticipated a benign speech. very benign in eyes of investors and generally could have been bad. could have come up and talked about the fact he wants pbms to disclose spreads a death blow keeps the looming concern in the air of what's more to come in this -- >> a chance that medicare gets involved what was missing that medicare can handle directly, he originally said when campaigning. >> we still don't know

aetna use as teledoc, united health care as doctor on demand. but while 70% of consumers say they are interested in virtual health care, so far, some 20% have tried it. as virtual doctor's visits are getting more popular start-ups are offering on-demand health care. 98.6 is a text-based app that connects you with primary care physicians the cost is $20 a year for unlimited use for the first year robby cape is cofounder of 98.6. thanks for being here today. we just heard about some of these other things like virtual docs and other things. how is 98.6 different? >> number one is quality it's very important to us to develop an ongoing relationship with our patients. so we want to be there, not only when they get sick, we want to be there for them in wellness. for example, after the first time we see them, we might discover something about them and follow up with them a few months later >> does that mean seeing the same doctor every time, or is it just, you keep records of all of this and whoever's getting back to me may differ >> we keep records in

m's were up two percent after mr trump's speech on friday united health which owns the nation's third largest p.b.m. said they welcome the trump plan and other drug and biotech stocks rose after the president's announcements according to wall street journal and an analyst from stanford c. bernstein and company said the proposal confirms that quote the administration was and will remain very pro pharma. the face of the japanese shipping industry is changing as the three largest carriers are merging in to a bid to secure a market position against regional and global rive. the n. y. k. line k. line and mitsui o.s.k. lines began joint operations late last month as the ocean network express or one effectively creating the sixth largest shipping operator with seventy percent of global market share mitsui is the de facto leader of the new formation the shipping industry has been consolidating for years across the board in recent years there's been a glut of low prices and in the past three years twenty of the biggest shipping or operators have consolidated to just seven companies. and checki

days see a bread and circuses and i want to show another chart that again this is provided by united health group the largest health insurance group in america and they're the ones saying. put people on medicaid because this is stupid to have these exchanges because those public exchanges were meant to according to the c.b.s. have twenty five million people on them by now but according to facts in fact they have ten million people if you look at this this is the health coverage in the us twenty seventeen employer sponsored insurance provides insurance for one hundred seventy four million americans medicaid seventy five million medicare fifty eight million and the public exchange ten million and that i think that is like there's sort of you know the coliseum the the gladiator sort of games is all of those ten million eighty percent receive subsidies from the taxpayer is two million people that are forced on to these gory exchanges where they're getting twenty thirty forty percent increases annually and they have to fend for themselves and the like provides amusement to people like these in c

winners, united health. david: pfizer, walmart, ge.rds, telecoms and financials under pressure, visa, travelers, johnson & johnson. caterpillar accounts for most of those wins. back to you. liz: thank you very much, nicole. rising interest rates. we've seen it with the 10-year it is at 2.99%. usually sends alarm bells through the market but our next guest says one sector can inflate your portfolio returns no matter if those rates continue to climb higher and higher. let's bring in rich green. the ceo of pnc investments with billions under assets in management. all right. let's get to it. how do you do that? often we get a scare and see the market fall when rates go higher and higher? >> let me start with, liz, we're big fans of cleveland browns. liz: thank you. >> we'll be rooting with you this year. liz: thank you very much. >> when i think about interest rates -- liz: go browns. >> going to the 3% level, you know, really it's a number. it's a few basis points higher than it was a week ago. i really think being late in the cycle, righ

mental health staff has been doing phenomenal work there could be developed a bunch of behavioral health unitsdesigned to mimic the behavioral health units a regular hospital. there are others-- one-- a physician who used it to work in a prison system said no u one graduatesai from medical school and says hey, i want to go work in a prison. they are underpaid, under resourced. it's a very very tough population to work withpu, so in some cases you see the absolute toughest cases because these are people who have lasting mental illness that have never been treated properly in a very un- therapeutic environment and the east clinicians are some of the least qualified people to be doing it. >> let me push back against a they are discarded the system like everyone else. at the prison in floor-- for they were starving prisoners, torturing them. they killed a man. they actually did kill another sometime later. another prisoner died sometime later and none of the mental health staff with one exception challenged the gardens that this i unacceptable. you cannot do this. it's a violation of basic rights

were up two percent after mr trump's speech on friday united health which owns the nation's third largest p.b.m. said they welcome the trump plan and other drug and biotech stocks rose after the president's announcements according to wall street journal and an analyst from stanford c. bernstein and company said the proposal confirms that quote the administration was and will remain very pro pharma in. the face of the japanese shipping industry is changing as the three largest carriers are merging in to a bid to secure a market position against regional and global rivals the n y k line k line and mitsui o.s.k. lines began joint operations late last month as the ocean network express or one effectively creating the six largest shipping operator with seven percent of global market share mitsui is the de facto leader of the new formation the shipping industry has been consolidating for years across the board in recent years there's been a glut of low prices and in the past three years twenty of the biggest shipping or operators have consolidated to just seven companies. and checking back in o

dow is the biggest laggards in terms of points, united health.e nasdaq is gaining along with the apple shares. movers, wayfarer, air a loss -- wayf for the first quarter wider than estimated. 11.8 million company -- customers. , revenuerosystems beating estimates and they reaffirmed their guidance for the full year. shareholders, to 700 and $5 million accelerated by that -- $725 million accelerate -- u.s. beer brand volume, course beer3.8% in the u.s. industry with a softer than anticipated start. hit because of price cutting in the fast food industry. kfc and pizza hut have not kept up with rivals but we have one dollar nacho fries, something that is gripping margins. the u.s. dollar has been moving higher. the dollar index with a boost ahead of the fomc meeting. bloomberg, at at the the dollar index with the 200 day moving average. above that now. on the bottom, relative strength indicator shows when an asset may be getting overbought. above the red line which would indicate overbought. in november of 2016, that level following the u.s. electio

boeing planes, dozens of countries in line behind them, would be delighted to go up the queue united healthbought back $2.65 billion. and hey, why wouldn't they business is good for them. and as their managed care competitors are being sold or combining. i actually find that to be close. maybe there are others that are in the rival remember i told you to buy cnc on friday, that stock rallied a quick six bucks today from a stock offering and i think unh shareholders sold their own stock i think you need to view this weakness as a gift and then there is the buyback to end all buybacks talking about the one from apple. everything these other companies have done pales in comparison to the 100% starting in the june quarter and 16 dividend boost by manager. considering the unprecedented size our intention is to execute our program efficiently and a fast pace then continued we believe th stock is undervalued so we have a bias towards the buyback as these prices $100 billion buyback equalities to 11.5% of share count. let's not ignore the fact that last quarter alone, apple had the largest buyback

footnote to your comment us not knowing how many people are in solitary confinement, the mental health unitwas not called solitary confinement but every so there was and they were let out for one hour a day because they wouldn't let them into the rec yard so it seems from your reporting about the similar situations what is called solitary but essentially it was putting people in isolated cells pretty much all the time. >> doesn't necessarily intended as punishment but the mental health unit it has been determined it is too dangerous to have a cellmate. but it ends up being solitary confinement so they bring them out for their one or two hours a day and l.a. county when you come out it's not like you talk to other people but you are chained to a table like a dog. if you are well behaved sometimes they will take you to the rec yard which again it looks like the dog pen at the kennel. so somebody can run back-and-forth. >> the prison that i looked at was amends -- men's prison many of yours are facilities housing meal are those more affected? >> women prisoners actually have a higher rate than

interesting proposition is an insurer or someone like cbs help, might step in and attempt to emulate united healthe which is the nation's largest insurer and has a significant analytics component that has helped it be more competitive in the market. >> tell us what they are doing extraordinarily well. >> i think they are making the pitch that we will be a more tech driven and innovative alternative to some of the incumbents in the sector. just attempt to use data analytics more aggressively in terms of cost management, in terms of helping. mostly smaller dr. practices. be more profitable. the issue they run into is an attempt to jump into the larger hospital and enterprise market, which are duck -- dominated by the incumbents. >> elliott has been active prior to now. even managed to get athena to slim down its work force some other changes in the executive. >> it has convinced them to split the chairman and ceo role which are both previously occupied. now -- is the chairman. who has a loteone of experience in the health care and technology sectors. it is a question of whether they want to change l

it does increase retiree only total rate for united health care city plan. however, the difference part of the formula goes up by the exact same amount. that is why it has no impact to the retiree only in the city plan. >> other questions or comments? okay. summary of your recommendations? >> page 15 summarizes recommendations. for b, c and d, this delivers a lower claim base in our forecast for 2019. we are suggesting that be reflected so that is our second bullet. the savings from b, c, d would reflect in the rate cards which represent approximately a 3% reduction off the total rates in our calculations that we will review in a bit. for a and e we recognize this causes additional costs to the employers. when you add those three amounts, it is $1,065,000. we refer back to the february information that we presented and specifically page 8 of that february material noted that by policy we applied $554,000 to the rates which we were going to do anyway. that was proof. there is $1,107,000 left in the carry forward balance of the rate stabilization reserve. we a

united health, chevron and merck were among the best performing blue chips y 3m, p & g and ibm were the worst performers >>> with april in the books, let's find out what's in store for your money forthe month of may. joining us now is ian steeley. rates have been a huge part of the discussion, yet we have not seen ten-year yields budge for the better part of a week. how important is that rate picture given the fact that we have a fed meeting this week >> i think it will be hugely important over the next few months we have a fed meeting. the likelihood is they'll have to acknowledge that inflation is picking up core cpi is above target core cpe hovering around about the target level it looks sustainable that could probably push rates higher over the summer months. whether that has a knock on impact to other markets has more to do with the speed of the move rather than if we can get a gradual rise higher. >> let's talk about the fed meeting to come this week. how much mow cuss in tfocus in e markets and the fed is inflation? >> it's the big thing. we don't have a press conference we don't

he likes names like visa, abbott and united health. joining us now is dan rority from alliance bernstein. thank you for joining us today i know you're investing across several sectors, but given we were looking at the uptick in oil prices, highs not seen since 2014, is this providing greater incentives for pushing to renewables now are you seeing that? >> we're absolutely seeing accelerated investments into renewables there have been more new dollars into developing renewable technologies than fossil fuel technologies so absolutely a trend we've seen over the last few years, and one that we would expect to continue for the next few years if not decades. >> renewables in and of themselves, it's a big area what are the most attractive plays? >> within renewables, wind power and solar power. if we look at something like wind power, a name like vestas energy is a name we own in the portfolio. it's done tremendously well. for wind and solar we've seen the cost of those energy technologies decline relatively precipitously in recent years and

return to the number two spot rounding out the top five work shy or have to wait from apple and united health group. amazon moved into top 10 for the first time and ranks eighth. >> consumer reports with a very scathing review on tesla's model three. not the first time on that car. >> the hits keep on coming for tesla. consumer reports denied the model three sedan. a recommendation because of big flaws found during its testing. the lesson going review comes as authorities are investigating the death of a man after the model as he was driving veered off the road, crashed into a fence into a pond. unclear who was in autopilot mode. also investigating speed if alcohol was involved, but still not a good look. trade to the sudan itself is crucial to the growth for tesla. such a swipe at them. they've come out and for and may be the only reviewer. that's essential. >> we saw back in the accident last week with the firetrucks. >> your mail is about to smell a little bit sweeter. >> the u.s. postal service unveiled its first ever sat, scratch and sniff stamps or the scent of summer. feature watercolo

boost in that position in after-market strayeding and tiger management picked up a new position in united healthjanna bought anthem. >> these are great we love the insights, but it's important to note this data is as of march 31st it's 45 days later is it safe to say some of these hedge fund types have trafficked in and out of these positions even during that span? >> i think you can guarantee in the six weeks since these filings were dated, that hedge fund managers have been trading in and out of these positions. they're not a perfect snapshot of exactly where they're at now, but it gives an indication, at least on a sector basis, how they're thinking, how they were thinking during the first quarter. people would kind of follow these 13fs and trade based on the positions. >> the stocks tend to move despite the older filings or positions from before. you still see the stocks move. >> especially with berkshire hathaway that always seems to have some little nugget in there that gets investors excited. >> thank you very much for bringing us that update. >>> still ahead on "worldwide exchange," the

health care. the company created a team within its alexa dim tdigital assistant unit called health and wellness. potential areas they may target include managing diabetes, aging and care for new mothers and infants. amazon has been working on several health related projects, including a team at amazon web services dedicated to serving health care and pharmaceutical companies. and apple is reportedly teaming up with goldman sachs to launch a joint credit card as early as next year. wall street journal says the new card would replace apple's reward card, partnership with barcl barclays. marcus and laura, back over to you. >> easier way to buy their products. >>> happening today in sfran francisco, the startup world finale, 30 teams fighting for a $1 million investment prize, teams as far as africa, asia, australia, showcasing technologies like a.i., it's happening later this morning at the marriott on mission. >> should be cool. >> coming up on "today in the bay," quar kari is tracking the weekend weather. >> as we warm up across the bay area. willow glen, 52 degrees at 6:00, look at that, 62 by 1

downside, losers, walmart, united health, coca-cola. lmart had the 16 billion-dollar deal with flipkart, the company from india. liz: just glancing at the pharmaceuticals still higher. health insurers are looking a little wigley. i'm sure after the bell we'll look at that too. nicole, thank you very much. >>> can't believe how time flies. it has been a whole week since we touched down in nebraska for the berkshire hathaway meeting. there is still a lot left to show you from our 10th annual visit. i talked to that guy about future acquisitions and falling stock price. look what they gave me. a customs heinz ketchup and mustard bottle, with warren in front and me in the weiner mobile. benjamin moore paint is another berkshire company. the ceo let me cover that wall. that brand new paint turns any surface into dry erase board. when i asked him how many colors it cops in? 3500 colors. good if you have kids. we got a chance to former supermodel turned global businesswoman kathy ireland, how she turned a small sock business into a major worldw

recently united health and aetna announced they will start sharing and negotiating. we believe this is a step in the right direction and sharing statements with patients is something we support not only in the commercial market but -- as well and we need to move away from a convoluted system of list prices net prices and rebates to one that measures values through the eyes of the patient and enables the private sector to develop new and better ways to pay for medicines. in short, the supply chain is complicated but we must make sure we aligngn incentives to me sure we improve the competitive marketplace because until we address the cost of patients pay out pocket the health care health care system work is not done. we have to get this right and i believe he can. it's now my pleasure to introduce two of our great speakers this morning. ian read is the ceo of pfizer one of the premier biopharmaceutical companies. he has overseen by the company's global business units. during his storied career he has had to see the table negotiating deals with every element of the supp

exxon, united health, verizon. oil moves to 3 1/2 year highs. taking a look at record closes. apple, amazon, microsoft, they all held green. they all finished record territory. apple and goldman sachs working together on a credit card as goldman sachs tries to get into consumer banking. apple just wants to get into your wallet expanding what they do. both stocks are still to the upside. they are still hashing out details. six-day rally has new record high. it is up 1 10% last 52 weeks. the vix, last worries about inflation. the vix pulled back as well. it is down 2%, levels not seen since before the correction. back to you. david: when the vix goes down it's a good thing. nicole, thank you very much. >>> jitters in the middle east fueling a continued oil rally closing at the highest level since november of 2014, four years ago. phil, i guess tensions between israel and iran are showing themselves again today? >> they really are, david. i wish that was all it was but there is other things going on here. we have a very strong global demand market. the market is concerned because

home depot, united health, boeing, 3m under pressure on the same day we heard from president trump saythe summit with north korea may not work out on june 12th. we'll watch for that. take a look at the retailers, as a matter of fact, you can see they're on the move, in addition to the fact they're the biggest laggards on the s&p 500. many have reported just recently, kohls and tjx reported today. toll brothers sells off after results. back to you. trish: thank you very much, nicole. you know, robert schiller said something interesting, he was talking about the psychology of money. isn't it true? cash, and what that represents to little kids and it comes to mind because my two little girls had their first communion over the weekend. and they got a little cash and wow, they were running all over the house. liz, cash, first communion, it goes hand in hand. liz: never too early to teach children the value of a dollar, trish. thank you, the value of at least stocks right now if you're in the dow suddenly dropping to session lows. we have the s&p now turning negative in the last couple of mi

united health, jnj, exxon all up check out the sudden dip we saw in bitcoin in the last few minutes. it's been up 35% in the past month. though we should note it's always pretty volatile, so we'll keep an eye on that one. i would have thought maybe sanctions would boost the price of bitcoin, michelle. >> so far, no. >>> this is the image of the day, history in the making president trump and the first lady greeting three american detainees released by north korea. they landed at joint base andrews in maryland just after 2:30 this morning. the release paving the way for the historic face-to-face talks between president trump and kim jong-un and the date has been set. the president tweeting today, the highly anticipated meeting between kim jong-un and myself will take place in singapore on june 12th. we will both try to make it a very special moment for world peace. but even as north korea and the u.s. plan on their high-level summit, cnbc has learned that north korea is still evading sanctions with covert actions. i spoke exclusively with the chief u.n. sanctions investigator who detai

united. we have seen in good health very recently so this is a very sudden illness for sir alex ferguson. e first we heard of it as well was when former manchester united striker and southampton manager mark hughes who won two premier league titles and ferguson said after southampton ‘s game earlier on today that he had heard some whispers and was hoping it wasn't true. he said

recently, united health and at not announced they would share etna announced that they would share some of the rebates. we believe this is a step in the right direction and we should believe it is taking place not only in the commercial market but in medicare part d as well. and we need to move away from a convoluted system of rebates to one that measures success in the eyes of the patient and enables the private sector to develop forand better ways to pay medicines. in short, the supply chain is complicated but we must ensure we align incentives to ensure patient benefits from the fruits of the marketplace. until then, the work of america's health care system is not done. he have to get this right and i believe we can. it is my pleasure to introduce to speakers. ian reid is the ceo of pfizer. a 40 year veteran ofera pfizer. he has had a seat at the table negotiating deals with every element of the supply chain. of mendelson is president rppellee or health -- avalie health. dancers on the board of several health-care companies. i will now turn it over to ian and dan. thank you. >> i'm l

tolerance scheme but to no avail the new idea is to try dialogue and communication with your cheese health. unit i love this park. because it's so very. every day to cheat checks out the situation. he's been doing this for year and a half. initially he was a bit reluctant to speak with the dealers directly but now he knows them well and they know him it's off if you have to be there many blacks here i'm scared community needs. some of them so it's normal. look now you're here so they're disappearing. if they stay in the park says they have to follow the rules in the past the police try to rid the park of d.d.'s. if everything ok. you become down. you can see. the guys here don't have any prospects because they don't have residence permits in germany so we don't have work permits. if they can't work they need to find money somehow. they have to pay off debts they still have from africa . so they give money to their families. so there's a lot of pressure on. sometimes they're aggressive. because they've gone through a lot. when they've risked their lives even to get faces the. girl that's a park i

but these pbms when you look at cvs, scripps, and united health, they also have medicare part d plansf that cash to offset and maintain low premiums larry merlo from cvs last week on the company's conference call said what could happen here is cost shifting. it doesn't necessarily bring costs down for consumers it means you're going to pay from a different pocket. >> nefron research points out these guys, it does help their profits for cvs and express groups 601 16% of -- they look to shift that over to the premium pool again. >> nobody likes to be called the middle man but that's what you are. if you're taking 100% of a rebate and passing on 90% of it, you're sucking up that 10% is that the argument you negotiated that? >> they negotiated that and it's the thing the government can't do the negotiating the government wants to give more flexibility to get better outcomes the other thing to watch, though, is the whole issue about list prices. in medicare part b, that is the part where if you get an infusion of chemotherapy, medicare there pays full list price plus a markup for the docto

and we are determined to deliver at a good brexit to the united kingdom. mental health is now the number one public health concern. it's important up 16 percentage points. said that the young people's mental health lacks any ambition and won't fail a generation. they go back to a drawing board. every young person. with the multiple mental health care. i think it something like half of the mental health problems have started before the age of 14. that staff in schools will be trained to better identify mental health problems. and better able to ensure that those young people get the treatment they need. it is important. i would like to think that it's partly because we have ensured there's greater awareness on that. the segment -- the stigma attached to mental health. my right honorable friend. with administration that had boyer -- bullied martin spencer. with my right honorable friend. i think it is frankly that. they wanted to say part of the united kingdom. thank you mister speaker. they are struggling to cute -- to recruit doctors because of immigration rules. experi

hospital where she is ina unit mental health hospital where she is in a unithen she tries to take her life, and then tragically she did. but she is only one of the 3000 or so people that killed themselves through eating disorders in the last three years. this government is complacent, jeremy hunt really needs to, on —— come onto the television and start articulating what he is going to do. all i hear is platitudes, all we hear is that they're putting more money in... the nonexempt conference —— nottingham conference is at saturday on 19 may. we would like to see government ministers there. the promise or has said she wants to give parity of treatment to mental health the same way physical health is treated —— prime minister. do you think that is something the government should be working for, and do you think that there is a long way to go before we get to there? speaking frankly, ithink there? speaking frankly, ithink there —— the subject of suicide, there —— the subject of suicide, there are lots of problems with people discussing it, and it needs to be trea

there are companies like united health and health equity that do well, you know, in a rising environment, and we also think they are going to be doing well -- we are short some of the biotech and some of the large pharma because they have nothing going on nothing to do with macro factors necessarily. >> in terms of the speeches and announcements we heard this afternoon, has that changed conviction in any of the names you hold in terms of more or less positivity in. >> no. it's one more hurdle we left that i have to deal with we have to deal with the fundamental issues now, to give them credit, these folks have expertise in the industry that may be prior admissions have not, so they seem to know if you use the metaphor, bodies are buried, so at least they identified the problem, but i have a funny feeling this is a thing that may happen in the mid-2020 time frame where prices have gotten so high that people just throw up their hands >> you like unitedhealth because of the rising environment, but rhetoric is about how they want to make sure rather than have higher prices, it does not incen

industrials, up 65 points the s&p 500 is up by 2 and nasdaq by about 14 leading the dow, walmart, united healthand pfizer semis on the move with the etf smh on pace for its seventh positive day in eight, those are your leaders there the gaming etf jumping on the back of this supreme court ruling on online gambling, caesars and penn national are lead there >> facebook has suspended 200 apps in the first stage of its review into apps that have access to large amounts of user data sears forming a special committee to explore the sale of its kenmore brand and related assets it's received interest from esl investments. >>> and cbs asking a court to block controlling shareholder sherry redstone from interfering at a special meeting of its board. the meeting was called to consider a merger. sherry represents a significant threat, irreparable harm to the company and its shareholders, they say >>> we begin with the markets and mike santoli at the new york stock exchange what is different, do you think, this time around >> well, melissa, a few things and actually, most of it works to the benefit of think

stocks as well as semiconductors there walmart and united health are your lag erts. e resources and united rentals. let's check in with sue. >> hello once again, everybody here's what's happening at this hour walmart says it will restrict opioid prescriptions to no more than a seven-day supply. this as it tries to curb the opioid epidemic that has plagued the u.s. that supply limit will begin within the next 60 days. >>> the man being hald as a hero for wrestling an assault rifle from a gunman has raised more than $250,000 for the victims. james shaw was dining with a friend at the nashville restaurant when a gunman opened fire, killing four >>> in new orleans, lato latoya cantrell taking the oath of office today. it comes after winning a mayoral runoff election. she succeeds mitch landry. >>> and some good news for lobster lovers you can expect to see lobster prices go down in price this summer with canada's spring season heating up, the extra supply should force prices to go lower. >>> that's the news update at this hour. ty, there's a lobster roll in your future, b

it comes to researching pollutants with care samples and pens the human bio monitoring unit at the luxembourg health institute. join. me in order not. to do a lot. more than sort of just keep going. no not for much time you are going to come up. with. the final good. is going to. get. assistance nobody's i'm. going to continue. to take care from ten children aged from twelve months to fourteen years. we send them straight to professor appen cellar in luxembourg. as we are leaving the village we receive a call from environmental activists alerting us to night time we stop them from the fact. three. parts ok. it's part of the pennies a group one of the largest sub contractors in the indonesian textile industry. that we're going to. so what is this. about a. year. old. close to the water it smells so toxic we need mess. thank you. thank you thank. you for that. you don't know no. one. in this. world. ok. ok it is well. thank you so much thank you. should. we send these samples to a lib or tory in france that specializes in environmental study. in the meantime dr sonority has finished his analysis of th

place in the united states, somebody has got pay for that but the truth of the matter is, president trump is hitting this head on, and he wants to negotiate. he wants the department of health and human services to be much more active and azar is going to do that just by raising prices around the world is not going to help us in the united states. that's just going to increase the profits for pharmaceutical companies. let's lower the prices for everybody. that's what trump wants to do. and he's making a great -- i think a courageous attempt to accomplish that. >> you mentioned the word innovation you know governor thompson if you talk to any pharma ceo about this they say we don't want to risk not having these life saving game changing drugs come out of this country and continue to hit the market. i mean, how do you walk the line between regulating this industry and risking some of these amazing drugs that we are seeing, drugs that had never existed before that cost hundreds of thousands of dollars, without compromising that >> you can't -- you can't have everything you can't have everybody doing innovation it takes over a billion dollars to bring a drug the market somebody

health andld in he human services secretary outlines changes. this is 15 minutes. >> ladies and gentlemen, the president of the united states accompanied by the secretary of health and human services. ladies and gentlemen, the >> thank you. i want to thank secretary these , secretary mnuchin. scott has done a fantastic job. where is scott? [applause] you have that moving? right to try, so important. administrator -- director mulvaney for being here with us today in the beautiful rose garden at the white house. we are also honored to be joined by senator bill cassidy. senator? where is senator bill cassidy? one of my great friends, senator orrin hatch. thank you. [applause] congressman michael burgess. thank you. congressman buddy carter. [applause] congressman greg -- numerous state officials from all over the country. today, the most sweeping action in history to lower the price of prescription drugs for the american people. we've been wanting to do this, we've been working on it from day one. it's been a complicated process, but not too complicated. and today it is happening. we will have tougher negotiation, more competition, and much lower prices a

and dennis berman, and john blank from investment research welcome, everybody topping the dow is united healthounded after concerns in earnings and accounting mattel lagged down 4.5%. mike, what do you think of the sort of streak that we're building, and how close are we now to being back at all-time highs? >> i think the market came into the week winded. you know, there was a rally attempt in the morning there was not a lot of buying enthusiasm behind it up 4% in less than two weeks in the s&p 500, still in the range of 5% below all-time highs from late january this is the third time we made a run, taking back more than half the total losses of its correction today, kind of gave a clue as to whether we'll hold these levels and build on them or not, but i think it shows you there is price sensitivity out there among investors after this kind of period of choppiness we had >> sure. oil prices moved higher, and brent closed around a three year high at $78 a barrel, and wti crude at 71. dennis, you are focused on the supreme court decision this morning about sports betting >> look what happened i

. >>> internal document shows the company has created a team within its alexa unit called health andellness, to make alexa more useful on health-related issues, potential areas they might target include managing diabetes, aging and care for new mothers and infants. we just had andy jasse on before they are building new artificial intelligence tools into the cloud. all of this is beginning to come together for lots of different ways in the various industries that they are targeting with the cloud and ai. >> absolutely. there was the initiative with buffett and chase. here it is maybe it enters the consumer's lives through the echo device in your living room. >> i'm not sure i want to have a chat about my personal medical issues with alexa. >> adoption challenges are a separate story. >> ten years ago, ibm was leading the charge in cloud and artificial intelligence. everybody remembers watson competing on jeopardy. it's been that long. earlier this week we spoke, as i was just saying, with amazon web services ceo andy jasse. how he says they're handling it. >> it's growing like crazy i