Opening Bell: In deal that could reshape the healthcare industry, CVS agrees to buy Aetna for $69 billion. Also, Disney re-enters talks to acquire 21st Century Fox, and Bitcoin soars near $12,000. We're joined by The Daily Beast, Instagram for Business, Red Alert Politics, PCWorld, TechnoBuffalo, Nerdist, and more.
Volkswagen U.S. CEO Pablo Di Si joined Cheddar New to discuss record quarterly electric vehicle sales and his reaction to Tesla trimming prices on some vehicles by 20% last week. “We'll continue with our pricing strategy, we're not cutting prices on the vehicle's quality over quantity and product content,” he said.
Microsoft is cutting 10,000 workers, almost 5% of its workforce, in response to what it described as “macroeconomic conditions and changing customer priorities.”