martin shkreli refused to testify before congress and later insulted them. anne thompson has the details. >> reporter: appearing to smirk -- >> are you listening? >> reporter: and often inattentive. >> yeah. >> reporter: former pharmaceutical ceo martin shkreli lived up to his bad-boy reputation appearing before congress. >> i intend to use the advice of my counsel, not yours. >> reporter: posing for pictures instead

lawmakers not getting much from martin shkreli... and man nicknamed - quote "the most hated man in america". the former pharmaceutical c-e-o came under fire for dramatically hiking the price of a life-saving drug. as rich edison reports on today's testimony.... or lack of it... on capitol hill. most hated man in america.... and martin shkreli seemed to only reinforce that image at a congressional hearing on drug pricing. the former turing pharmaceuticals c- e-o smirking, rolling his eyes, and repeatedly refusing to answer questions. chaffetz says: "..what do you say to that sick, old, pregnant woman who might have aids, no income and she needs daraprim in order to survive. what do you say to her when she has to make that choice. what do you say to her? shkreli says: "..on the advice of council i invoke my fifth amendment privilege against self incrimination and respectfully decline to answer your question." the 32-year-old's company raised the price of a drug that treats hiv patients from 13 dollars and fifty cents to 7- hundred-50 d

. >> in many ways the story of the day, martin shkreli pleaded the fifth at the hearing but his attorney had a few words for the press. >> all of the facts about during or ultimately disclosed, everyone will recognize that mr. shkreli is not a villain but at the end of the story is a hero. >> ben brafman will join us in the next hour. let's start with conoco phillips, morgan has more. >> slashing its quarterly payout by two thirds, the first major oil company to do this. and while the yield has soared to 8%, the move came faster than expected, the reason really the stock is sinking today at a time when oil majors like exxon and bp and shell continue to defend their dividends this could be seen as a harbinger if crude stays lower for longer. some suggest royal dutch shell could be next. despite statements to the contrary this morning and chevron's promise through 2017 has also been questioned as well. but this issue is really affecting the overall energy sector as equity prices dropped and dividend yields jump, averaging 4% after recently hitting the highest level since at least 2000, and

shkreli will be invoking the fifth and not answering any questions. >> maria: that was martin shkreli's defense attorney after court appearance in new york yesterday reiterating what he told me this week. listen. >> i think it's ridiculous that they would force me to be in person when i've stated that i will be taking the fifth. i think it's unethical. the dc manual states it's unethical to bring someone and subpoena them to take the fifth. it's nothing but advertisement of congressmen who want to get some votes and publicity off of my name. >> maria: wow. he says things almost to stay, stick it in your eye, congress. he's going to enuriate them more. his short tenure as ceo and whatever he did in wall street, which wasn't significant is over. he's playing himself as a the villan. he's playing with the media here. >> maria: believe it or not, jo, i think america is changing their thoughts on me. i know i was a little snarky initially but i realize it and now i want america to see who i am and that is coming with drugs for diseases. >> jo ling: i think the wearing off of shock is making

shkreli rally -- martin discussion in front of congress. bloomberge go to the terminal with julie hyman. julie? julie: we have a little bit of using this because of a back-and-forth we are seeing. it has really been changing very

(sot: martin shkreli/former ceo, turing pharmaceutical) "yes."shkreli's attorney tried to explain his clients behavior.(nats)"some of what you saw was nervous energy." ben brafman says shkreli has been unjustly (sot: ben brafman/shkreli's attorney) "mr. shkreli is not a villain. he's not the bad boy. i think at the end of this story he's the hero."(gfx)shkreli tweeted: "hard to accept that these imbeciles represent the people in our government." - shortly after leaving the hearing.mark albert for cbs news, washington. 3 3 safety is an important part of 3 coming up after the break in tonight's healthwatch... how sioux city fire rescue, siouxland papamedics and mercy medical center are teaming up to increase safety in kids and adults. 3 "you're watching siouxland news at five on kmeg 14, with larry wentz, diana castillo, siouxland's chief meteorologist chad sandwell and sports director chris 3 3 3 sioux city fire rescue is hosting two programs to increase safety in siouxland.on saturday, february 13th... firefighters at fire station number 4 on ham

martin shkreli, about the drug pricing issue as he gets wired up. we're going to take a quick break and come back after this. i'm here to tell homeowners that are sixty-two and older about a great way to live a better retirement... it's called a reverse mortgage. call right now to receive your free dvd and booklet with no obligation. it answers questions like... how a reverse mortgage works, how much you qualify for, the ways to receive your money... and more. plus, when you call now, you'll get this magnifier with led light absolutely free! when you call the experts at one reverse mortgage today, you'll learn the benefits of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home and here's the best part... you still own your home. take control of your retirement today! >>> good morning, everyone. or good afternoon as the case may be. i'm sue herera. as you saw live here on cnbc, former drug executive martin shkreli repeatedly invoked the fifth amendment this mo

martin shkreli took the fifth and left. take a look at gopro down about 8% after earnings last night and that conference call. more on that when we return. >> shares now down about 85% in the last six months below $10. we have seen some price targets of 750. how low is too low given all the commoditization that we've seen happen to this company. >> well, this is the hardware company selling gadgets and when the stock was trading in the 80s and 90s everybody is going to talk about it becoming a media company and go up, up, up. now it's another hardware company and sells a single gadget in a market that will comod tiez itself. it's trading at one times revenue. that's where a company is stable and growing a little bit would trade but they're still shrinking. so if that doesn't stop there's plenty of down side left unfortunately. >> a number of problems that i saw with this quarter, first there's a fundamental flaw in nick's communication. there's always a big problem that he claims to have already solved. first it was overpri

martin shkreli faces the house oversight committee on a hearing of drug pricing. that begins in a few moments. we'll bring that to you live. good thursday morning, welcome to "squawk on the street." i'm carl quintanilla with david faber and jim cramer in san francisco. weak productivity, elevated planes, eu cutting growth estimates, negative news from conoco, kohl's, ralph lauren and more and oil down a touch. pharma execs in a hearing on drug prices. the infamous martin shkreli. >> sumner redstone steps down as chairman of cbs. viacom elects successor of chairman there expect it to be felipe deman. we'll have more. >> gopro stock falling more than 80% from its high. >> house oversight committee hearing on drug prices getting under way on capitol hill. shkreli among those called to appear. last year he sparked outraise when he raised the price of a life-saving drug from $13.50 to $750. shkreli arrived a few moments ago and said he will not answer law makers' questions. valeant ceo shiller at the hearing expected to provide testimony. we know the travails the secto

former pharmaceutical ceo martin shkreli was subpoenaed to testify before congress. he's facing federal charges for securities fraud, but he became well known and reviled for hiking the price of the only drug approved for a rare, deadly he was unapologetic in interviews.. and today dodged questions: ((rep. jason chaffetz/(r) utah) "do you think you've done anything wrong?" martin shkreli/former ceo, turing pharmaceuticals) "on the advice of counsel, i invoke my 5th amendment privilege against self-incrimination and respectfully decline to answer your question." )) ((brian loftus)) shkreli tweeted: "hard to accept that these imbeciles represent the people in our government." - shortly after leaving the hearing. his attorney says shkreli is a brilliant scientist who has saved lives with the drugs he has created./// ((sherry swensk)) we're getting a lot of wear out of our winter wardrobe this week... waiting for temps to warm up and get back to normal. and light winds, and if you look really hard out from our boulder station camera... you can see a few high thin clouds

earlier today, martin shkreli was brought before a committee investigating drug prices. however, he refused to answer any of the committee's questions. >> on the advice of counsel, i invoke my fifth amendment privilege against self-incrimination and respectfully decline to answer your question. betty: for more, i want to bring in keri geiger who has been following the hearing. securitiesin the case, separate from the drug case. are they connected in some way? >> essentially, martin shkreli became well-known for running a company that dramatically increase the price of a life-saving drug. completely separately from that, a company he had previously run, he had been accused of basic we defrauding some of his investors of that and was indicted on several accounts of security fraud in brooklyn over the last month. there are separate issues. a legal path of martin shkreli charges, but rational hearing is of course what his congress advocacy groups and american public will really do about the whole issue of how life saving drugs are price. name and today was a shame exercise t

martin shkreli the disgraced ceo of turing pharmaceuticals heading to court today. his smirk spoke more than anything he was willing to say. invoking fifth amendment right to incriminate himself turning the hearing into a mochrie, a smirk fest, unable to keep a

let martin shkreli speak. stuart: he himself someone that word. that is absolutely contempt. he is contemptuous of those. liz: is facing 20 years in prison. stuart: moving on. look at the board. we are 80 points higher because the price of oil has gone up a little bit. up a bit more this morning. 33 bucks a barrel. individual stocks are moving. how about grub hub. higher sales, double-digit percentage gain. 14% up on grub hub at 21. metlife profits way down. it is tough economic environment in the rest of the world. low interest rates not helping and metlife is down 4%. let's get to the election, shall we? politics are the bread-and-butter of this program. donald trump calling out ted cruz for what he says their dirty tricks. ted cruz wasted no time responding. >> it is no surprise that donald is throwing yet another temper tantrum. it seems his reaction to everything is to throw a fit, to engage in insults. i understand that donald find it very hard to lose. he finds that very difficult. the islet people spok

>> martin shkreli had little to say. >> your decline to answer up a answers to the questions? >> yes. >> legendary maurice white, founds of earth, wind and fire, died at the age of 47. do you remember >> a cyclist survives after being dragged underneath a truck. >> all that. >> the world champion warriors guests of president obama and there with steph curry. >> you want to show us a little of your lap dance? >> come on, rob! >> and all that matters. >> we are three days away from the super bowl! football! >> will you weigh in who you're rooting for? >> i'm for the old guy, the guy

martin shkreli shocked members of congress with his refusal to answer questions. ahead what he had to say about those lawmakers after the hearing reason a bmx legend has died. friends and family are remembering david mira. what he posted on social media one day before his death. >>> the detroit free press reports an aide in the spike in legionnaire's disease a month before he said he knew. the aide was told it may be tied to the city changing its water supply. march 25th e-mail said, the quote. the governor spokesman said is premature and irresponsible to make the connection. >>> the "los angeles times" reports on a possible end in sight to a gas leak in porter ranch, california. enhanced video shows the gas leak, which began back in october, state officials sail the damaged well that is leaking the gas could be capped off as early as the end of next year. about 5,000 homes have been evacuated. >>> "the new york times" on how the u.s. will track a rocket that north korea says it will launch sometime in an 18-day prered period starting monday. many analysts see it

na-64th :00-:15 (benjamin brafman/attorney for martin shkreli) "mr. chairman, may i be recognized for a moment?" (rep. jason chaffetz/(r) utah) "no. no, you will not--no, you are not allowed, under the house rules, you have not been sworn in."(benjamin brafman/attorney for martin shkreli) "i understand but he is making illegal arguments." (rep. jason chaffetz/(r) utah) "you are not recognized. you are not recognized and you will be seated."advising his typically talkative client -- to stay silent. na-63th benjamin brafman, attorney for martin shkreli:19 "i think at the end of this story, he is a hero." so what's next for shkreli? he's been indicted for financial problems with a previous company. and if found guilty -- he could get 20 years in prison. do you think you know more than the average football fan? fan?in honor of super bowl 50 we're putting you to the test you're watching the now on wcpo 9 on your side... you've heard of six degrees of separation.it's where you see your connection to someone through the people you know -- and the people they

martin shkreli was the company executive embroiled in that price gouging situation. prosecutors reveal details of the carefully planned murder of remember the founder of earth, wind and fire when the "cbs evening news" conti i got di ip i's h serr countryn nifo ounc cant-whating bosrty oupls.esy wayr thte. t 3d whips.. whiten 25 times better than the leading whitening toothpaste. i'd say... ..eoneingress creshitestri. e wahiteen y tureting instant giv stock prices, gs,and nds.ore ce sttingop analysts into a single sco .95 on.s. r thamer,d e- u investn,vestit wh'vegot e f guests on the way and a cold with sinus pressure, aindlals cr.rglyneel th pudr.he wal gimury o obewile aotd vith thgi w tferna w dumasa css wng wt,talt>> ne her bt friend. i am her ally. it may impro all fu andtion anorsef to vo: namenda xr doesn't change how the disease progresses. n leicor had bamda xits ientbetarttr tell their doctor they or ever had, are dder, ultyng u liver, k or bladder problems, and abdica e tartaicati chin dor mal consy afhe a ofda x the body anincrease side effects.thde e ar

the reason the artist is suing martin shkreli is because he said shkreli allowed the work to be used last month. when martin shkreli bought the only copy, he agreed not tho commercialize it for 88 years. >> i mentioned his now sort of infamous appearance before congress. his lawyer is again defending that spectacular behavior. >> right, right, yeah. the house oversight committee was questioning martin shkreli why he raised the price of his anty infection drug from $13 to $700, he took the fifth and later he sent out a tweet calling committee members, quote, imba sills. the house committee has not yet issued a response on that quote. >> maybe that was ben rothman's first congressional hearing. nice to see you. >> we'll be back with a look at one of the most dramatic moments in all of the previous cold wars which just played out in a hollywo hollywo hollywood blockbuster. 'm not 22. i accept i do a shorter set these days. i even accept i have a higher risk of stroke due to afib, a type of irregular heartbeat, not caused by a heart valve problem. but i won't play anything less than my b

wow. >> martin shkreli has wonderful sense humor but very brilliant young man. i think do be candid with you i think he will end up in my opinion someone we speak glowingly about and once criminal matter is behind him and continues his work on orphan drugs. maria: why do you feel about that? tell me about mart skin shkreli. he also called congress i i am a sills. >> congress has ratings of 11% throughout the united states. the response to martin tweet's were go, man, go. it wasn't as if he were speaking to alienated public. maria: you're right. >> i tell you what i find about him. i find him to be intensely brilliant. he is focused on clearing his name. i think he grows on you. martin has very likeable qualities when you get to know him on personal level. i want to reiterate the fact he is 32 years. i'm 67. 32 is a different age when you're suddenly thrust into the spotlight. maria: and you've been around the block in terms of various cases. says something that you actually took this case on. >> i represented percent intos a lot more difficult than martin shkrel

martin shkreli refused to testify before congress and later insulted them. anne thompson has the details. >> reporter: appearing to smirk -- >> are you listening? >> reporter: and often inattentive. >> yeah. >> reporter: former pharmaceutical ceo martin shkreli lived up to his bad-boy reputation appearing before congress. >> i intend to use the advice of my counsel, not yours. >> reporter: posing for pictures instead of listening. >> it's not funny, mr. shkreli, people are dying, and they're sicker. >> reporter: he declined to answer why he raised their life-saving drugs 5,000%. did anything wrong? >> on advice of counsel, i invoke my fifth amendment privilege. >> reporter: the 32-year-old usually loves to talk. >> i'm from the streets. >> reporter: but today he let his attorney speak for him. >> what you saw was nervous energy by an individual who very much would like to explain what happened. >> reporter: leaving the other drug company executives to face furious questioners. >> i find it repulsive what you've done. >> reporter: valiant under fire for jacki

. >>> more legal woes for martin shkreli. >>> plus, another fainting spell to tell you about. this one at a pentagon briefing.ng hope everyone's okay. full details in two minutes. oktes. we is what you get. and i expect the same from my mascara. now, revlon introduces a new collection of mascaras that makes getting the lash look you want easy. so whether you choose ultra volume, super length, volume and length magnified, dramatic definition, or the ultimate all-in-one... the choice is yours. choose love a revolution in mascara. revlon. love is on. [music] no, no, no, no, people are both soft and strong... yey! which is why our products are too. i'm lucky to get through a shift without a disaster. my bargain detergent, it couldn't keep up. so i switched to tide pods. they're super concentrated... so i get a better clean. voted 2016 product of the year. if it's got to be clean, it's got to be tide. if you have allergy congestion ...to get relief, anything is fair game. introducing rhinocort allergy spray from the makers of zyrtec . powerful relief from nasal allergy symptoms, al

>> martin shkreli had little to say. >> your decline to answer up a answers to the questions? >> yes. founds of earth, wind and fire, died at the age of 47. do you remember >> a cyclist survives after being dragged underneath a truck. >> all that. >> the world champion warriors guests of president obama and there with steph curry. >> you want to show us a little of your lap dance? >> come on, rob! >> and all that matters. >> we are three days away from the super bowl! football! >> will you weigh in who you're rooting for? >> i'm for the old guy, the guy you can rely on, the guy with a proven record on. i'm for peyton. >> sound like you! >> better thanny sanders interrupted his own speech to rush to the aid of a man who fainted in the audience. luckily, bernie was able to shout him back to consciousness! are you okay? wake up! the middle class is disappearing! announcer: this portion of "cbs >>> welcome to "cbs this morning." happy friday, everybody! charlie rose is off so anthony mason is bus. >> happy friday. >> nice to have you here. >>> the gloves are off in the democratic

climate summit last year. >>> martin shkreli and a member being sued. shkreli bought the sole copy of that album at auction for $2 million. >>> during a press conference at the pentagon yesterday, james martin fainted at the podium. he was sick with a flu or cold and is just fine. >>> and recalling more than 700,000 mercedes models due to defective airbags made by the takata company in japan. and they're recalling 136,000 daimler vans. >>> and google was awarded a -- they plan to deliver packages to specific destinations. the trucks are expelktsed tocted to be on the road by 2020. >>> just ahead, denver celebrates their super bowl win and a close one at the buzzer. stay with us.h us.entation fill you with optimism? do you love your wireless keyboard more than certain family members? is your success due to a filing system only you understand? does printing from your tablet to your wireless printer give you a jolt of confidence? if so, you may be gearcentric. someone who knows that the right office gear helps you do great things. and there's one place tha

plus the pharmahoodie bro, martin shkreli takes a vow of silence, and charlie gasparino dives into the dark pool. less than an hour to the closing bell. look at the rally. we've got the start the "countdown" right now. . liz: all roads either lead to the fed or oil. here's the breaking news we have on the fed. the fed funds futures pit. this is a tool used by traders to predict the probability of future rate hikes. this pit is now suggesting that even one rate hike this year may now be unlikely. the latest bet, here it is. the futures pit traders are pricing in less than 30% chance of any hike at all in 2016. they were supposedly going to be four according to the federal reserve. why? where are they getting this impression. new york federal reserve president william dudley speaking today. he is a voting member, that gives his voice a little more of a decibel level perhaps. he said in an interview that financial conditions have, quote, tightened considerably since the last fed hike in december, and the fed will have to take that into consideration when deciding whether to tighten again,

(martin shkreli/turing pharmaceuticals, founder and former ceo) "i intend to follow the advice of my counsel, not yours." shkreli faces securities fraud charges involving retrophin, another biotech company that he ran several years ago. today's hearing was unrelated to those charges. next -- remembering the man behind the voice of bugs bunny and several other loved cartoon characters. and vice president biden just did something he really wants you sad news in the congress doesn't regulate wall street... wall street regulates congress. it's a rigged economy that sends most new wealth to the top 1%. and it's held in place by a corrupt political system where wall street banks and billionaires buy elections. my campaign is funded by over two and a half million small contributions. people who know you can't level the playing field by taking more money from wall street. join the fight to take back our government. the american people can't afford to wait for ideas that sound good on paper, but will never make it in the real world. the grandmother who has to choose between paying for medicin

ahead how martin shkreli >>> the extreme sports world loses a popular athlete. >> ahead the shock of the sudden death of dmx legend dave mirra. >>> the news is back this morning right here on "cbs this morning." announcer: this portion of "cbs this morning" sponsored by toyota. let's go place! james drove his rav4 hybrid, unaware death was lurking. what? he was challenged by a team of lumberjacks. let's do this. he would drive them to hard knocks canyon, where he would risk broken legs, losing limbs, and slipping and dying. not helping. but death would have to wait. james left with newfound knowledge, a man's gratitude, and his shirt. how far will you take the all-new rav4 hybrid? toyota. let's go places. when hollywood's premiere jewelry designer, neil lane, creates a ring for today's biggest stars... he designs it to look at kay jewelers... he does the exact. same. thing. yes! neil lane bridal. uniquely beautiful hand-crafted rings at kay, the number one jewelry store in america. my collection is vintage inspired... with flowing lines that evoke a sense of timelessness. because i w

martin shkreli says he'll give west ten-million dollars if he agrees to make only one copy of his new album -- and give it only to him. shkreli sent a tweet asking the rapper to release the album only to him along with a typed letter. shkreli claims west's label is legally required to consider the offer and that the release of the album should be delayed. martin shkreli is the guy who raised the price of a to 7- hundred-50 and faced securities fraud charges. coming up on channel 2 news this morning... the public utilities commision will come to a decision on recent rate hikes for solar energy users at a meeting today...details, after the "this is channel 2 news, coverage you can count on" reno police have a man in custody... after he stole a car putting three schools in lockdown. police say his arrest has ruled out a teenager as the lead suspect. and ownership of the nugget casino in sparks changes hands in the next few months. what are the new owners plans to bring big business to the landmark casino? and skiers and snowboarders if you want a birds-eye view of your run down the mount

your next name is martin shkreli. a government committee is investigating the former chief executive's drug company... for price gouging. the committee released new documents that seem to show-- the company's priority was profit... and not patients. in one email-- shkreli suggests sky- of drugs... saying it would increase profit by millions. your final name is lady gaga. she will have the 0 m zsinging the national anthem at sunday's super @0 bowl game in california. she joins big names like cold-play and p` beyonce... who will headline the half- mark- no location toss to john at the wall p 0 your first headline comes from "the daily mail." your first headline comes from "the daily mail." it reads--- "french high schools allow students to smoke on the premises... so extremists can't try and convert them when they go outside." administrators originally asked the government to let students smoke on campus-- just days after the paris attacks. they believe extremists won't be able to recruit the teens... if they don't leav

. >> lauren: legal problems for martin shkreli, has been sharnlged with security's fraud, he testified before a senate committee on inflated drug pricing, now the irs has filed a tax lean -- lien. mornings with maria straightaway and throughout the business. >> jo ling: china's factories are hunting for growing markets. they are looking to move up the technology ladder by making 3 do -- 3d printers. finally, hsbc to keep headquarters in london. the bank considers moving to hong kong and elsewhere. >> lauren: right here. kills it at the box office. >> when you find out your worst enemy is up to your best your -- >> lauren: we will have that story for you. in sports kobe bryant final nba all-star game last night. racing history, all those details coming up. no trading on wall street, let's check u.s. stock market futures anyway. looking pretty good. you're watching fbn:am, first look at morning markets and breaking news. keep it here. ♪ ♪ on the floor! everybody down! nobody move! on the floor! hey, do something! oh, i'm not a security guard. i'm a security monitor. i only notify peo

. >> martin shkreli trending on twitter tonight. people thought he had smug demeanor as he stayed mum during question. the congressional hearing that has many frustrated. >> shkreli went in front of the house oversight committee for a hearing on prescription drug prices, but his testimony, as you'll see, was far from fruitful. >> reporter: martin shkreli was vilified last year when his company raised the price of a drug from $13 a pill today legislators wanted answers from shkreli. >> do you think you've done anything wrong? >> reporter: congress got shkreli declined to answer a single questioio, smirking throughout the session. >> it's n funny, mr. shkreli. people are dying and they're getting sicker and sicker. >> reporter: he then invoked his fifth amendment right to remain silent. >> on the advice of counsel, i invoke my fifth amendment privilege and respectfully decline to answer your questions. >> reporter: the hearing got heated as lmakers ranted about the out of control pricing. >> perverse business practices to exploit a pa

still ahead, as we mentioned, martin shkreli facing the music on capitol hill this morning, kind of. the former turing ceo did not have much to say at a house hearing on drug pricing. there was strong criticism of dalliance pharmaceuticals. we will monitor the house hearing -- that is the chief commercial officer at turing testifying now. you can continue to watch the hearing on the bloomberg at the function live go. ♪ betty: welcome back. this is "bloomberg markets." as the latest from london after super thursday -- let's go to europe, where mark barton has the latest from london after super thursday. longerhe man who is no voting for in interest-rate hike . he was the sole lock on the bank of england. no more. 9-0. we will talk to john micklethwait about this in just a second. have a look at the stoxx 600. we have been up, we have been down, creeping higher, we seem to be moving with the winds of the oil market. .5%.e up about what is fascinating is the euro is at its highest level against the dollar since october of last year. it is on a three-month high today, despite the bunde