Hill to save obamacare eamon javers is in d. C. With more reporter hi, melissa the white house is trying to work through whether or not its going to endorse this deal that we saw on capitol hill, its the Alexander Murray deal named after the two senators who sponsored it the key is it would extend those cost sharing reduction payments for two years. Those are the payments that the president blocked last week, saying that Insurance Companies were getting an unfair deal, a political payout under obamacare. He blocked those payments. This deal would put those back in for two years the president was asked about that in the rose garden earlier today. He appeared to suggest that he liked the deal, at least thats the way many people took it. Listen to what the president said lamar has been working very, very hard with the democratic his colleagues on the other side, patty murray is one of them in particular, and theyre coming up and theyre fairly close to a short Term Solution the solution wi
Good afternoon, everybody. Welcome to power lunch. Nasdaq hit new highs yerlearlie today. The dow and s p 500 under pressure merck a big reason for the dows decline. Shares down about 6 shaving 20 points off the dow merck is down 13 in the past week the Number One Health care analyst will join us to take part in mercks woes. Whats working check out amazon, apple and facebook all three hitting new highs. Check out some other movers. Amd down downgrade there. The stock down 20 in a week in arising market. Lennar taking a hit on its deal to buy calatlantic soaring by contrast more than 20 , almost 22 ge just keep moving lower down 2 when you have two jets thats what happens investors getting a little nervous. Reports that the Corporate Tax rate changes would be phased in over time rather than implemented all at once. As soon as these headlines crossed the dow turned 60 to 70 points down right now. The corporate rate wouldnt get to 20 until 2022 under this proposal the report does caution
That today, we are here with ron baron at the baron onference we have a lot of things coming here the resort ceo will be joining us and hyatt ceo is going to be here these are three invesmentes of baron funds. Two of the three, baron already made over 1 billion on. Im not going to tell you which two. You have to stick around to find out. The other made several hundred Million Dollars already. We are going to talk about these issues when we sit down with ron, he talks about the broader markets, which he is very positive on them we are going get to that in a moment and we talk story stocks. Stories he sees from this bottom up investment that he does where he looks at things very, very closely, he and analysts we are going talk about the bargains they see along the way and the deals that are out there on the horizon hes sitting out there with us we are going get to him in a moment guys, its coming up in a few minutes. He did not invest 100 billion dlar to make a billion. He is far less th
In washington, d. C. President ial adviser Kellyanne Conway will adjust the gathering, along with senator joni ernst, representative mia love and congressman chris smith. You can listen live on the cspan radio app. President trump has nominated World Wrestling entertainment ceo Linda Mcmahon to lead the Small Business administration. And yesterday the senates Small Business Committee Held a confirmation hearing for the nominee. The committee will come to order. Today for the hearing qualifications and start our advice and consent process for mrs. Linda mcmahon to head the sba. Linda, thank you so much for being here. And we have senators blumenthal and murphy to introduce mrs. Mcmahon. And both of these gentlemen have run against mrs. Mcmahon and vice versa, so i hope they i hope they didnt bring their files on and murphy to introduce her, and i hope they didnt we didnt forget. And senator blumenthal, the floor is yours, and thank you so much for gracing with us your presence. Thank yo
In washington, d. C. President ial adviser Kellyanne Conway will adjust the gathering, along with senator joni ernst, representative mia love and congressman chris smith. You can listen live on the cspan radio app. President trump has nominated World Wrestling entertainment ceo Linda Mcmahon to lead the Small Business administration. And yesterday the senates Small Business Committee Held a confirmation hearing for the nominee. The committee will come to order. Today for the hearing qualifications and start our advice and consent process for mrs. Linda mcmahon to head the sba. Linda, thank you so much for being here. And we have senators blumenthal and murphy to introduce mrs. Mcmahon. And both of these gentlemen have run against mrs. Mcmahon and vice versa, so i hope they i hope they didnt bring their files on and murphy to introduce her, and i hope they didnt we didnt forget. And senator blumenthal, the floor is yours, and thank you so much for gracing with us your presence. Thank yo