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Useless . Congress back to work and a lot on the table tax refor, Harvey Relief and fast approaching debt ceiling. Will anything get done every building after Hurricane Harvey how much is it going to cost well ask a ceo of u. S. Concrete im Brian Sullivan power lunch begins right now welcome to power lunch, september is off to a shaky start. Stocks are at session lows, posting the biggest one day tumble since august. In the wake of the saber rattling, the dow plunging more than 200 points and oi...

A group of industry stakeholders spoke and outlined recommendations for lawmakers. This is about two hours, 40 minutes. We will come to order. I recognize myself for five minutes. Opening statement. Todays hearing marks the health of subsidy public discussion on modernizing the Current System of the United States fda to review, approve and update. This hearing provides us in the American Public with the opportunity to better understand the fda regulatory frame work for overthecounter drugs and c...

Zuckerberg and vanity fair. All of that ahead on bloomberg west. Host as gearing up to big event tomorrow and unveil a new version or versions of the iphone. Last year we saw the most significant redesign of the iphone since it came out in 2007, but were not asked that thing another major redesign this time. More like a minor upgrade. What exactly will we see . Director forrogram the Mobile Division and a senior wireless tech analyst. Thank you all for joining us. Everyone is so excited about to...

Welcome to Market Makers. I seem to have misplaced Stephanie Ruhle. Im terrified all by myself. Im going to kick it off with the top business stories of the morning. Sears is getting smaller and so are its losses. The retailer cut its losses by more than half in the fourth quarter. It has now lost money 11 quarters in a row. Eddie lampert has been shrinking the store base and separating units to generate cash. They want to form a Real Estate Investment trust to leaseback the stores. Firsttime jo...

United states. A quick followup on africa. Ways and means has pointed out that there could be a problem between the u. S. And africa u. S. And the event e. U. If the u. S. Begins to get preferences in the african market. You chose a different path. Two quick questions. One, will you have some flexibility so you dont harm u. S. Exports and, two, have you given any thought to a common origin rule perhaps being part of epa where excuse me being part of ttip where the u. S. Recking nices african inp...

As a married father, great role model, to make that a part of his message to all americans the importance of family. One need to aim it at any group, just say this is important for social cohesion. It is important for outcomes and a lot more important than mrs. Obama speak out the lights in the campaign. If you want to improve life for case, give them a mother and a father and this president did not choose to do that. Follow up on that. If you look at barack obama who is so admired in the Africa...

Well, certainly if you look at that diagram you can see we are down more than 10 billion over where we would have expected to be if we had stayed on that dotted green line which is the trajectory for nih going back to 1970 so it will take quite a bit to make up that ground. The other thing the other thing i might show you a consequence of that for people trying to get Research Funded that is the success rate, an investigator who has sent there grant in is facing. You can see going back a couple ...

Between basic research and Clinical Research all the way from the time of concept to the time of actually getting in the marketplace what are the key factors that you see thats increasing the cost more than anything else . And i know its not only one thing but if you can give me a couple things here what we should watch for. A lot of it is the high failure rate and that is in fact very troubling when you consider how rarely an idea about a new drug makes it all the way through to f. D. A. Approv...

My hope, we have this all with open code and open source to repeat the success that motorola had with the Android System where they had 70,000 aps from the industry that was written to the open code of android. Could you give me a comment on that . I will be coming to you with a stroke Net Consortium that were putting together across illinois with five hospitals including barnes jewish, which is particularly good at working with n. I. H. Dr. Collins well, i am really my hat is off to you for wha...

So i think that tension needs to be resolved one way with the other, and i think it needs to be resolved around a more Foreign Policy guidance. The way it works now, lets change, since my day, is we used to sit down with people from the state department usually the deputy secretary, once or twice here and say whats on your mind, what you think of the important countries we should be concentrating on . I hope that when i was undersecretary there was more conversation, but theres no real guidance....