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Up by over half a percentage point. Lets tell you about the top three stories that were focused on this morning. They all about regulation. The top one, pfizer and allergan will be mutually terminating that 160 billion transaction following the new inversion rule changes. Sources tell cnbc that pfizer will pay allergan a 400 million breakup fee as per that tieup agreement. Both companies believe the treasury overstep the bounds of its Regulatory Authority. Sources say neither drug maker wanted to risk launching litigation against the government. President obama weighing in on the Treasury Depa...

Think about the fact that the average employee at the department of education makes 103,000 per year and the average teacher makes 50,000. People keep telling we have a money problem in education. I think we have a priority problem. We are supposed to spend 700 billion annually on education. We can do better. We should demand better. The second part of the choice act, kids with special needs deserve to maximize their individual potential. Everyone in america deserves to understand their own potential. What we say is that if you cannot get in the education your child needs in your zip code, you...

Commerce Committee Representative joe barton a republican of texas. Congressman barton a lot of proposals are coming out now not from the fcc yet but for members of congress in different groups about how to treat Net Neutrality. Your colleague henry waxman recently wrote to the fcc asking it to be reclassified as title ii. What is your reaction to back . Guest i respect henry a lot obviously but he is wrong. You are trying to use an old law passed back in the 1930s for an industry in the 21st century. Its been proven over and over again that the best solution to allocation issues and usage iss...

Neutrality. Your colleague, henry waxman, recently wrote to the fcc asking it to be reclassified as title ii. Whats your reaction to that . Guest well, i respect henry i a lot, obviously, but hes wrong. Theyre trying to use an old law passed back in the 1930s for an industry that is in the 21st century. Its been proven over and over again that the best solution to the allocation issues and usage issues is an open, transparent market with appropriate oversight by federal and in some cases state and local government. We have a booming internet, we have a booming telecommunications system, and by...

Not to the fcc, but from members of congress and groups, about how to treat Net Neutrality. Henry waxman wrote to the fcc asking it to be reclassified as title ii. What is your reaction to that . I respect henry a lot, obviously. But he is wrong. They are trying to use an old for ansed in the 1930s industry in the 21st century. It has been proven over and over again that the best solution to allocation issues and usage issues is an open, transparent market with appropriate oversight by federal, and in some cases, state and local government. We have a booming internet. We have a booming telik a...