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Transcripts For CNBC On The Money 20240714

Money. Your money your life. Your future. Now, becky quick we begin with drug prices. The costs keep rising, but a new medicine may become the most expensive drug in the world. One single dose could cost 2 million. As meg tirrell reports, the new medication could save lives and save money, even at that price milliondollar meds is this weeks cover story. Reporter the debate over the price of drugs is about to take on a whole new dimension with the medicine just approved by the fda this week. Its for a rare and devastating childhood disease called spinal muscular atrophy, and its price, 2. 1 million many on wall street argue its a price that makes sense this new gene therapy drug which could cost 2 million or more, you know, is a lifesaving therapy. These babies, these infants would be essentially nowhere in a year, and now theyre growing up to possibly be normal children living a normal life. Reporter the drug is made by swiss pharma giant novartis and is one of a new group of medicines

Transcripts For KNTV NBC Bay Area News At 5 20240714

Supporters and people still choosing. Im considering him and not made up my mind one way or the other. Reporter this was his second stop in a california tour. His next tour will believe in the states central valley. Live in San Francisco, christie smith, nbc bay area news. Thank you very much. A week after hundreds were killed in sri lanka, a battle erupts of Security Forces and suspected militants. A shootout ended in more death. Authorities say militants set off explosives in a raid killing 15 people including 6 children. That raid targeted extremists linked to the bombings last sunday that killed more than 250 people. As a precaution, catholic leaders canceled services in sri lanka indefinitely. The healing continues here in the bay area. The annual sri lankan new year was a remembrance to honor the victims a week ago. For many, a chance to come together and heal. When w news that these things are happening, our hearts are broken. And i think we need to stand tall, come together and

Transcripts For CNBC Power Lunch 20240714

Lets get to the big stories. Wall street is watching. The record rally front and center the nasdaq hitting all time highs earlier. And boeing shares bouncing back despite worrying concerns about the 37 planes and theres the takeover battle in the oil patch. First lets go to the nyse. Were not out of the woods. Take a look. Important thing is earnings season has been for the most part a positive Surprise Companies are beating by much wider margins than they usually do because the china data has been better than feared and theres some hope europe is bottoming. Thats controversial elsewhere take a look at whats going on whats next is the question weve heard from banks and its been fair, not great industrials strong and the few Consumer Companies reporting like kimberly clark, Procter Gamble have been good. Technology stocks, this is the main play on Global Growth on friday were going to get exxon and chevron. The earnings were slashed in december for Energy Stocks when oil was 45 now its

Petersburg mother still wants justice one year after murder of only son

On June 17, 2023, 10-year-old K'Von Morgan was killed as he ate pizza and cheese sticks while watching TV in his third-floor Pecan Acres apartment bedroom.

Penny-sized hail expected with thunderstorms in North Texas Saturday