Cnbc

Quote Of The Day

“When you have the Senate, when you have the votes, you can sort of do what you want.” — President Trump, quoted by CNBC, on the political power dynamic of replacing a Supreme Court justice.
Related topics: Senate

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Walmart Said It Will Eliminate Its Carbon Footprint By 2040 — But Not For Its Supply Chain, Which...

Doug McMillon, Walmart's CEO. Adam Jeffery/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images Walmart aims to reduce its global emissions to zero by 2040, the company announced on Monday. It will achieve this by using 100% renewable energy by...
Related topics: Science Photos, Nbcuniversal

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Trump Approves Tiktok Deal With Oracle And Walmart 'in Concept'

TikTok appears to have avoided a US ban at the last minute... probably. President Trump has agreed to a deal “in concept” (via CNBC) that theoretically allays US security issues while letting it operate in the country. True to earlier...
Related topics: Wal-Mart Stores

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An Arm For Every Shot! President Trump Declares "massive" Supply Coming

Pardon the paraphrased headline, 92 years after the original Hoover slogan....  Below is the CNBC version of yesterday's announcement. Brings to mind another famous ad campaign... "Some new cereal. Supposed to be good for you. You try it.  I'm not...

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Mitch Mcconnell Vows Senate Will Move Forward With Vote To Replace Ruth Bader Ginsburg In Stark...

Mitch McConnell said on Friday that whoever President Donald Trump picks to replace the Supreme Court Justice Ruth Bader Ginsburg will get a Senate floor vote. As CNBC reported, McConnell released a statement hours after it was announced that...
Related topics: Senate, Donald Trump

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Moderna May Know By November Whether Covid-19 Vaccine Is Effective

THURSDAY, Sept. 17, 2020 -- Moderna says it should know by sometime in November whether its COVID-19 vaccine is effective, its CEO said Thursday. Stephane Bancel also told CNBC that the company -- the first drug firm to conduct human clinical...
Related topics: Vaccines

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Opec+ Meets To Discuss Stabilizing Oil Market

OPEC and its non-OPEC oil-producing allies met today to discuss production plans, as forecasts for oil demand continue to decline. As expected, the group, known as OPEC+, did not announce new production cuts at the meeting, reports CNBC. In July,...
Related topics: OPEC

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Google Is Reportedly Cracking Down On Employee Message Boards After Seeing A Rise In Posts Flagged...

Google's headquarters in Mountain View, California. Marcio Jose Sanchez/AP Google is instituting tougher rules around content moderation on its internal message boards after seeing a rise in posts flagged as harassment, according to CNBC. The...
Related topics: Google

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Tiktok Rumors Beg The Question: Did Trump Solve Anything?

Over the past 24 hours, rumors picked up by Bloomberg, the Wall Street Journal and CNBC have put some boundaries on what a possible deal between Oracle and TikTok’s parent company ByteDance will look like. In its current incarnation floating...

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Snowflake's Stock Can Double From Current Levels If The Cloud-data Platform Outshines Top Rival...

Reuters Snowflake's stock could double from current levels if it outperforms its biggest enterprise-data rival Oracle, a chief investment strategist told CNBC on Thursday.California-based Oracle provides "on-premise" data warehousing, whereas...
Related topics: Oracle (business), Reuters

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Macro Briefing: 17 September 2020

Hurricane Sally leaves 550,000 without power on US Gulf Coast: BBC Federal Reserve expects to keep rates near zero for years: CNBC CDC chief: coronavirus vaccine may not be ready until mid-2021: WSJ Are weekly jobless claims figures reliable?...
Related topics: Hurricanes, BBC, Fed, Unemployment

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A Majority Of Covid-19 Lockdown Business Closures Are Permanent, According To Yelp Data

Six months into the economic disruption of COVID-19 in the United States, Yelp has found that more than 60% of business closures that have occurred since March 1 have become permanent, CNBC reported.Breaking down the numbersFrom March 1 through Aug....

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Top Health Spokesman Will Take Leave Of Absense

Michael Caputo, a former Trump campaign official who took over as top spokesman for the Department of Health and Human Services, will take a 60-day leave of absence, CNBC reports. “The move comes after Caputo… reportedly said in a...

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Blackstone Says Stock Investors May Face A 'lost Decade' In Equity Appreciation

Slaven Vlasic / Getty Images Stock-market investors could face “lost decade” of equity appreciation, Blackstone’s Tony James told CNBC. High returns, and “fear of missing out” buying has created a stock market that...

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Trump Scolds Jim Cramer After Cnbc Host Publicly Apologizes For ‘crazy Nancy’ Comment: ‘no...

President Donald Trump has weighed in on the recent media controversy surrounding Jim Cramer and his calling of Speaker Nancy Pelosi “Crazy Nancy” during a Tuesday afternoon interview. The CNBC host apologized on air for ostensibly...
Related topics: Donald Trump, Nancy Pelosi

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The 25 Highest Rated Us Ceos During The Coronavirus Pandemic, According To Employees

Boston Scientific CEO Michael Mahoney is one of the top ranked CEOs, based on a summer 2020 Glassdoor analysis. Mark Neuling/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images The coronavirus pandemic has been a test for corporate leaders. People,...
Related topics: Entertainment Photos, Nbcuniversal

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Trump Now Denies Downplaying Virus

President Trump denied that he had downplayed the threat of the coronavirus, claiming he “up-played” the danger of the disease through his actions, CNBC reports. The president’s assertion that “in many ways I up-played it in terms of...

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Gaffe! Cnbc’s Cramer Calls Nancy Pelosi ‘crazy Nancy’ To Her Face

CNBC’s Jim Cramer’s insult gaffe to House Speaker Nancy Pelosi (D-CA) may have been a huge Freudian slip. Cramer expressed his frustration about the ongoing friction between the White House and U.S. Congress on a coronavirus aid package...
Related topics: Nancy Pelosi, White House

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Daryl Morey's Job With Rockets Safe After Playoff Loss To Lakers, Says Fertitta

Houston Rockets governor Tilman Fertitta has said it before, but it bears repeating: Daryl Morey's job is safe. " It begins and ends with the general manager," Fertitta said Tuesday in his weekly appearance on CNBC...
Related topics: Los Angeles Lakers, Chicago Bears

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Bill Gates Reportedly Expects A Coronavirus Vaccine In Early 2021 - Cnet

The Microsoft co-founder told CNBC that vaccine makers are likely to seek US approval in December or January.
Related topics: Bill Gates, Vaccines

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