The outrage about 25 increases in what you say. Another samsung voters exploding. This time it wasnt the galaxy 7. Find out what device is affected now. The Media Company expect today lay off 300 people. Rankings of most reliable vehicles. Some surprises before heading to the dealership. Markets like this. We will be hearing from 6 dow components today, among them dupont, caterpillar. We have the markets higher in anticipation of pretty good numbers. Once we get the numbers, we will bring them to you, of course. In europe posting modest gains. The others fractionally moving. The dax indexmoving. Take a look. We see the markets moving fractionally. Nikkei average in japan best performer. All the stories coming up. Joining me to talk about it fox business dagen mcdowell, Jon Hilsenrath and tony, good to see you guys. Dagen good morning. Obamacare failure. Maria he kept saying that i had amnesia. Dagen one and five people can only find one insurer. Maria unbelievable. Dagen talk to the pr
More on that story in a moment. But we begin tonight with a decline in the biotech sector. The decline in that sector, its worst of the year, was fueled not by a failed drug trial but by president ial hopeful Hillary Clinton. The nasdaq biotech index fell about 4 1 2 after clinton said in a tweet that as president shed crack down on what she sees as price gouging in the pharmaceutical industry. She promised more details tomorrow. Now, those comments were in response to a report in the New York Times of a 5,000 price increase, virtually overnight, in a 62yearold specialty drug. Now, weve talked a lot about the high cost of breakthrough new drugs coming to market. But as meg tirrell reports, older drugs arent immune. Reporter for a Small Company its making big waves for the drug industry. Turing pharmaceuticals, a private Company Founded by a former hedge fund manager, is the target of outrage over the price of its drug deraprin. The medicine cost 13. 50 a tablet before turing acquired t
More on that story in a moment. But we begin tonight with a decline in the biotech sector. The decline in that sector, its worst of the year, was fueled not by a failed drug trial but by president ial hopeful Hillary Clinton. The nasdaq biotech index fell about 4 1 2 after clinton said in a tweet that as president shed crack down on what she sees as price gouging in the pharmaceutical industry. She promised more details tomorrow. Now, those comments were in response to a report in the New York Times of a 5,000 price increase, virtually overnight, in a 62yearold specialty drug. Now, weve talked a lot about the high cost of breakthrough new drugs coming to market. But as meg tirrell reports, older drugs arent immune. Reporter for a Small Company its making big waves for the drug industry. Turing pharmaceuticals, a private Company Founded by a former hedge fund manager, is the target of outrage over the price of its drug deraprin. The medicine cost 13. 50 a tablet before turing acquired t
More on that story in a moment. But we begin tonight with a decline in the biotech sector. The decline in that sector, its worst of the year, was fueled not by a failed drug trial but by president ial hopeful Hillary Clinton. The nasdaq biotech index fell about 4 1 2 after clinton said in a tweet that as president shed crack down on what she sees as price gouging in the pharmaceutical industry. She promised more details tomorrow. Now, those comments were in response to a report in the New York Times of a 5,000 price increase, virtually overnight, in a 62yearold specialty drug. Now, weve talked a lot about the high cost of breakthrough new drugs coming to market. But as meg tirrell reports, older drugs arent immune. Reporter for a Small Company its making big waves for the drug industry. Turing pharmaceuticals, a private Company Founded by a former hedge fund manager, is the target of outrage over the price of its drug deraprin. The medicine cost 13. 50 a tablet before turing acquired t
Nigeria. All of this really having an impact on the markets. The Global Markets tumbling after the president s address last night. The futures at one point down by about 100 points. We have seen some improvement, that there are still some pretty sizable declines this morning. Youll see those dow futures down by about 47 points below fair value. The s p futures off by seven points. This is coming after the markets closed lower yesterday. The dow closing at its lowest level since april. The s p 500 closing at its lowest level since may. So again, pressure this morning. This looks like a third week in a row of losses for the markets here. Also in europe, if you want to see how things are reacting, you can see the dax down by another almost. 9 of a percent. The ftse in london off by. 7 of a percent. And in italy, thats the only ed a vancor that were looking at. In asia, the nikkei suffering its worst deline in five months. A decline of about 3 . Shanghai and hang seng saw much more modest