[inaudible conversations] the committee on Health Education and labor and pensions will come to order. Senator murray has an important meeting right now and she is asked me too proceed with the hearing because we have six excellent witnesses and we want to make sure we hear from each of you and we want the senators to has questions of each of you. So patty should arrive at about ten. When she comes we will interrupt and let her make her Opening Statement and we will resume the hearing. Good morning senator murphy. Nearly a year ago doctor brent james from the National Academy testify before Senate Health committee with a startling statistic up to one half of the American People spend on healthcare may be unnecessary. Let me repeat that, up to half of the 3. 5 trillion, the United States collectively spent on healthcare in 2017 was unnecessary according to doctor james and many of the other witnesses at our hearings agreed with that. That is 1. 8 trillion, three times as much as we spen
Need to be ready for anything. Comcast supports cspan as a Public Service along with these other Television Providers giving you a front row seat to democracy. , cup, the joint Economic Committees testimony on Economic Impact of diabetes. During the hearing, medical experts and policy advocates addressed the rise in diabetes diagnosis, the need for increased access to healthcare and the link between diabetes and obesity. Witnesses also outlined the federal governments role in combating diabetes. [inaudible conversations] [inaudible conversations] shall be give this hearing a start . For this joint economic hearing i actually have 2 give senator heinrich and the entire team, democrat and republican staff, has been in discussion for quite a while. As we look at the Health Statistics of the nation, particularly diabetes, its cost to society not just in healthcare costs, but in so many of our brothers and sisters that just have misery. Where this partially came from is 2 or 3 years ago we
Combating diabetes. [inaudible conversations] [inaudible conversations] shall be give this hearing a start . For this joint economic hearing i actually have 2 give senator heinrich and the entire team, democrat and republican staff, has been in discussion for quite a while. As we look at the Health Statistics of the nation, particularly diabetes, its cost to society not just in healthcare costs, but in so many of our brothers and sisters that just have misery. Where this partially came from is 2 or 3 years ago we were doing a weird experiment. Whats the real cause of income inequality in america . And yes, we saw education, we saw other things but the one thing we werent prepared to see was health. The numbers of folks, hate to use the economic term, that had real Health Issues, the number of it was diabetes and so we have spent almost two years digging around in the literature trying to understand whats going on in society, particularly the growth of our population that are suffering
Bloomberg. These are the stories that set your agenda. Hire for longer after the Central Bank Holds rates. Jerome powell keeps cuts on the table, with the timing is less than certain. Jerome it is unlikely that the next great move will be a hike. Tom the yen tumbles pairing a rapid rally on suspected intervention and a big day for earnings, Standard Chartered reports a profit beat. Shel and novo nordness report, but first ing. This is the news coming through, two and a half billion euro Share Buyback following a previous buyback. Rewarding investors with additional cash. In terms of net income, this came in in line with estimates of 3. 8 3 billion euros for the First Quarter it was a beat, the lender coming through with 1. 6 billion euros, ing added 99,000 primary customers, but the buyback of two and a half billion euros. I will be speaking to the ceo at 6 15 a. M. So stay with us. Reaction coming through from the lender. Markets are digesting what we heard from jay powell, no surpris
We are comfortable operating resiliently through the current Interest Rate requirement. Even if the rates were to transition to a lower level, i think ing will do fine in whatever rate turns out. U. S. Feds jay powell signals whats not in the cards. It is likely the next policy move would be a hike our policy focus is what i mentioned which is how long to keep policy restrictive. Welcome to street signs. We start with novo nordisk after notching a beelat on the bottom line on the back of the 40 surge of obesity care sales. Silvia joins with us the report and reaction in the stock, silvia big reaction. Let me sum up what we heard from the Company Novo Nordisk beat expectations with the revenues for the quarter and increased guidance they are saying when it caomes t sales growth, they expect to from 19 to 27 and the operating Profit Growth expectations for the year. You expect that all sounds positive lets look at the share price performance. At the moment, we have novo nordisk shares mo