Good wednesday morning. Welcome to squawk alley. Carl quintanilla nia with jon fortt and Kayla Tausche at post 9. Joining us from Henry Blodgett and jason calacanis. Good morning, guys. Weve got breaking news this morning. Weve got top executives from at t and time warner testifying on capitol hill today before the Senate Judiciary antitrust committee. Were going to monitor that and definitely keep you up to speed. In the meantime, Time Magazine naming donald trump the 2016 person of the year. The president elect appeared on the today show this morning, talked about everything from his upcoming cabinet picks to his relationship with business in the u. S. My trade policies are going to be terrific. And by the way, were lowering taxes in this country. Were getting rid of 90 , maybe 85 of the regulations which are stifling business. Boeing is going to be a tremendous beneficiary of that and maybe even mostly regulations. I mean, people are more happy about the regulations, even though wer
The department of Homeland Security. Dj johnson from the fbi. Jen silk from the department of energy. Let me set the stage for you a little bit before we dive in. Over the past eight years, and someone say longer, the country has faced an alarming increase in the number of Cyber Incidents against the public and private sectors, incidents which have ranged in scale and sophistication and severity. Last week, president obama ued we are pleased to convene this group of experts to provide feedback. It is so important that we provide feedback on how best to implement this policy. It directs the department of Homeland Security in coordination with a variety of different federal agencies to submit a National Cyber Incident Response plan within 180 days. We understand that a draft plan will be ready for you in september for your comments. In the meantime, we hope that you will use todays events to talk about the plan to ask questions about it to ask questions about how the writers intend to co
Girlfriend says they will fight and appeal. I believe in his principle. He is one of the strongest people ive ever known. And to be able to turn your life around like that, not many people can do that. After leaving prison in 2003 chow said is is he renounced his old gangster ways and turned to mentoring youth. He started volunteering for a nonprofit in 2010. He was sincere and compassionate in helping the community up. Not just chinese kids. He dealt with filipinos, samoanas, blacks, whites. Reporter chow has maintained his innocence saying he was the target of is unupis you allows fbi agos, agents who handed him cash worth 60,000. He had no money and the money did he get, he thought it was out of is respect because many people would give him money as he walked around chinatown out of respect for what he has gone through. Reporter chow must pay 15,000 to the government and money to cover funeral costs. They say this was simply a case of attorneys and judges who let their egos get in t
Health insurer is dramatically cutting its participation in health care exchge leavi consumers in those markets with fewer options. And the company isnt pulling back gradually. Instead, aetna is doing it all at once. The reason . Its running up big losses in markets where patients are sicker than the company they would be. It is another blow to president obamas Signature Health reform law and follows the move of two other major insurers. The move raises a lot of questions about the landmark progra aetna says its cutting aca Exchange Programs by 70 nationally next year. Because after losing 230 million in the Second Quarter that kind of loss is unsustainable. It is a major aboutface fort aetnas ceo who just six months ago said that he p on the excha. Critics say the timing is curious, coming just after the department of justice moved to block aetnas acquisition of huma. Maybe then they were trying to butter up the department of justice to approve their merger with huma. Now, when the go
Health insurer is dramatically cutting its participation in health care exchge leavi consumers in those markets with fewer options. And the company isnt pulling back gradually. Instead, aetna is doing it all at once. The reason . Its running up big losses in markets where patients are sicker than the company they would be. It is another blow to president obamas Signature Health reform law and follows the move of two other major insurers. The move raises a lot of questions about the landmark progra aetna says its cutting aca Exchange Programs by 70 nationally next year. Because after losing 230 million in the Second Quarter that kind of loss is unsustainable. It is a major aboutface fort aetnas ceo who just six months ago said that he p on the excha. Critics say the timing is curious, coming just after the department of justice moved to block aetnas acquisition of huma. Maybe then they were trying to butter up the department of justice to approve their merger with huma. Now, when the go