Again. Im Brian Sullivan power lunch tees off right now. And welcome to power lunch. Im melissa lee. The major average giving up gains. Dow and s p, russell 2,000 small caps did soar to record highs but now looking at losses across the board. The dow managing to hold on to ever so small gains. Commodities are crushing it and oil at threeyear high and copper and gold soar the dollar at a low. Saying a weaker dollar is good for u. S. Trade transports getting slammed led by united. The airline down 11 on pace for the worst day in four months on fears about a price war. Got much more on this coming up. Michelle. Thank you. Im Michelle Caruso cabrero live in switzerland where the trump tax cut and the surging and Global Economy are front and center well talk taxes, trade and whether davos is ready for President Trump to arrive on friday and michelle, on this multicon innocent, over the next couple of hours you will meet four managers who are the sole of consistency. That is why they have be
A deal tonight that touches the live of every single American Health care. Anthem says its buying rival cigna for 250 million. The deal comes just weeks after aetna says it wants to buy humana quickly altering the landscape to five major insurance carriers to just three, assuming the announced deals get regulatory approval. Both anthem and cigna saw their shares lower in trading. The wave of consolidation is raising a number of questions about the power of these companies, competition and costs per patient. Reporter anthem and cigna say together theyll be able to cut out more than 2 billion in overhead costs and ultimately that will be good for consumers. It will improve our ability to serve customers across commercial medicaid medicare and International Markets and create greater efficiencies and affordability for our customers. Reporter the sheer scale of the 54 billion merger will attract regulatory scrutiny. The combined company will have more than 50 million members, covering 1 in
A deal tonight that touches the live of every single American Health care. Anthem says its buying rival cigna for 250 million. The deal comes just weeks after aetna says it wants to buy humana quickly altering the landscape to five major insurance carriers to just three, assuming the announced deals get regulatory approval. Both anthem and cigna saw their shares lower in trading. The wave of consolidation is raising a number of questions about the power of these companies, competition and costs per patient. Reporter anthem and cigna say together theyll be able to cut out more than 2 billion in overhead costs and ultimately that will be good for consumers. It will improve our ability to serve customers across commercial medicaid medicare and International Markets and create greater efficiencies and affordability for our customers. Reporter the sheer scale of the 54 billion merger will attract regulatory scrutiny. The combined company will have more than 50 million members, covering 1 in
A deal tonight that touches the live of every single American Health care. Anthem says its buying rival cigna for 250 million. The deal comes just weeks after aetna says it wants to buy humana quickly altering the landscape to five major insurance carriers to just three, assuming the announced deals get regulatory approval. Both anthem and cigna saw their shares lower in trading. The wave of consolidation is raising a number of questions about the power of these companies, competition and costs per patient. Reporter anthem and cigna say together theyll be able to cut out more than 2 billion in overhead costs and ultimately that will be good for consumers. It will improve our ability to serve customers across commercial medicaid medicare and International Markets and create greater efficiencies and affordability for our customers. Reporter the sheer scale of the 54 billion merger will attract regulatory scrutiny. The combined company will have more than 50 million members, covering 1 in
So were always willing to lend a hand in other states. Its smoky. You have to be careful for bears, black bears, grizzly bears and mountain lions. Reporter meantime, these trucks from new jersey are currently with nine other crew members in washington. The same state where three firefighters from the u. S. Forest service were killed wednesday after their vehicle crashed and was overtaken by flames. Yesterday morning we all had a moment of silence for them. Very tough. Its hard to lose, you know, another brother firefighter. If we know them or not, theyre all you brothbrothers out here. Reporter an additional 20 firefighters still here in new jersey have been put on standby that they too may be needed out west in the coming days. This is number one priority out here for the conditions that were working in. Reporter they are also sleeping outside and havent showered but these firefighters say thats part of the job which required them to cut short the time they had to speak with us. They