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Mnuchin backs 2nd wave of stimulus checks

Colorado's Morning News with April Zesbaugh and Marty Lenz

00:13 sec | 2 d ago

Mnuchin backs 2nd wave of stimulus checks

"Says he's in favor of getting more Corona virus stimulus checks into the hands of Americans. He also tells CNBC Any more unemployment benefits are going to be captain. 100% or less of lost salary in Texas. The

Cnbc Texas
Former Fox News anchor Shep Smith joins CNBC

AP 24 Hour News

00:37 sec | 3 d ago

Former Fox News anchor Shep Smith joins CNBC

"A former Fox News host, has a new job on a new network. Shepard Smith says he thinks he found a great home for his newscast. After abruptly quitting Fox News last October, Smith has landed a gig with CNBC who starts in the fall, The network says Smith will anchor a one hour a week light newscast at 7 p.m. Eastern. The same study had for many years at Fox until he was shifted to the afternoon. Smith was at Fox from the networks birth in 1996. He never did say why he quit Fox just after six. Owning a contract extension. However, he often developed statements made by Trump in his supporters, including opinion host on his own

Shepard Smith FOX Fox News Cnbc Donald Trump
Shepard Smith joins CNBC for weeknight news program

AP News Radio

00:39 sec | 3 d ago

Shepard Smith joins CNBC for weeknight news program

"Former fox news host has a new job on a new network Shepard Smith says he thinks he found a great home for his newscast after abruptly quitting fox news last October Smith has landed a gig with C. N. B. C. he starts in the fall the network says Smith will anchor a one hour weeknight newscast at seven PM eastern the same study had for many years at fox until he was shifted to the afternoon Smith was at fox from the network's birth in nineteen ninety six he never did say why he quit fox just after signing a contract extension however he often debunked statements made by trump and his supporters including opinion host on his own network I'm Oscar wells Gabriel

Shepard Smith C. N. B. C. PM FOX Donald Trump Oscar Wells Gabriel
Former Fox News Anchor Shepard Smith Will Join CNBC Evening Lineup

WBBM Evening News

00:29 sec | 3 d ago

Former Fox News Anchor Shepard Smith Will Join CNBC Evening Lineup

"Switching networks after leaving his former company after blows with the president. After a 23 year stint at Fox News Channel News anchor Shepard Smith is joining CNBC. The network says his upcoming show The News with Shepard Smith will feature quote, fact based storytelling and well aired 7 p.m. Eastern weeknights. He was with Fox since its inception but quit in October after establishing himself as a critic of President. Trump, who repeatedly attacked it says show on CNBC is set to launch in the fall.

Shepard Smith Cnbc Fox News Channel President Trump FOX Donald Trump
Amazon to pull Redskins merchandise from site

Larry O'Connor

00:21 sec | 3 d ago

Amazon to pull Redskins merchandise from site

"Will be pulling Washington Redskins merchandise from its website. According to CNBC. These fellers will now have 48 hours to remove product that are flagged by the online retailer. Amazon has joined the list of companies urging the team to change its name. Last week, the Redskins said they would quote undergo a thorough overview of the team's name and quote

Washington Redskins Redskins Cnbc Fellers Amazon
Former Fox News host Shepard Smith joins CNBC

Dana Loesch

00:16 sec | 4 d ago

Former Fox News host Shepard Smith joins CNBC

"Former Fox News anchor Shepard Smith will now be doing a nightly newscast on CNBC. Oh, CNBC he has signed on with them. So that's ah, where Shepherd Smith has landed at

Cnbc Shepard Smith Fox News
U.S. considers banning TikTok and other Chinese apps, Pompeo says

Daily Tech News Show

00:36 sec | 5 d ago

U.S. considers banning TikTok and other Chinese apps, Pompeo says

"Secretary of State Mike Pompeo told Fox News Monday that. The US is looking at banning TIKTOK and other Chinese social media. APPs the US government has had ongoing concerns that the platform centers content and that its data could be accessed by the Chinese government. The company hired former Disney executive Kevin Mayor to be Tiktok CEO earlier this year. A spokesperson told CNBC. CNBC response to pump his comments quote. TIKTOK is led by an American Co with hundreds of employees and key leaders across safety, security, product and public policy here in the US. We have no higher priority than promoting a safe and secure APP experience for our

United States Cnbc Us Government Mike Pompeo Chinese Government Kevin Mayor Fox News Disney Tiktok CEO Executive
Finally, Albertsons Goes Public -- After Besting Krogers Performance

Business Wars Daily

04:02 min | 5 d ago

Finally, Albertsons Goes Public -- After Besting Krogers Performance

"Well after years of trying albertson's than Asian largest grocery store chain has finally gone public. The company I planned to launch an IPO back in twenty fifteen, but ultimately postponed the offering because of retail market volatility, but even global pandemic couldn't stop. The companies go to market plans this time, not with so much money on the line. ALBERTSON'S IPO was expected to be a billion dollar plus event, but despite the strength of the grocery sector and the company's own strategic moves, investors weren't suite on Albertson's. The company's target price was roughly twenty dollars per share, but ended up selling for a discounted price of Sixteen A. A share by the time the stock debuted on the new. York Stock Exchange the next day. The price it dropped another three percent. The downsize deal was surprising. Albertson sales in March and most of April were up nearly thirty five percent over last year CNBC reports the company Jones Safeway Jewel OSCO stores among other grocery brands had been making innovative moves before covid nineteen albertson's has been centralizing its buying power investing in its private label brands. It's also remodeled stores to devote more space to growing fresh departments. The Wall Street Journal reports Albertson's also adopted smaller warehouses near existing stores to fulfil online orders faster. Same store sales were outpacing kroger the country's biggest supermarket player according to win site. Grocery business. Following the IPO Albertson CEO Vivek Shankman remained optimistic about the company's prospects. He pointed to market. Volatility is one reason for the disappointing debut. Stocks had fallen the day before the IPO is cove, nineteen surged. He told The Wall Street Journal and IPO is just the starting line. It's not the finish line. Things aren't much better over the number. One grocery brand kroger also enjoyed a pandemic. Pandemic revenue bump last quarter revenue, excluding fuel grew nearly twenty percent from the previous year that growth exceeded analysts expectations, but shortly after its last earnings call in mid June, share prices dropped six percent grocers were an economic bright spot. During the early months after covid nineteen swept across the nation. Many people stocked up on staples and hunker down at home, but investors aren't convinced that the. The. Sales bump from cozy home, cooked meals and stockpiles of toilet, paper and cleaning supplies are going to last much longer. Store margins are razor thin between one and two percent according to mercator. Advisory Group Research and expenses for additional cleaning, staff and safety precautions have spiked, but both grocers are gearing up in areas that promise growth. The economic downturn is made consumers more price conscious that. That bodes well for private label brands which are more profitable than national brands. According to mercator, research both grocery giants are strong players here, but kroger has the edge. It's private label. Division had its best year ever in two thousand, nineteen, topping twenty three billion dollars in sales, according to Progressive Grocer, magazine albertson's private labels tallied roughly half that amount in sales according to its IPO filings. Albertsons is ahead of the game in another important area online sales online grocery sales are poised to jump about forty percent this year core site research estimates. Albertson's has already outfitted to small fulfillment facilities to speed online and delivery orders. It plans to expand the concept Kroger has to. It's centralized distribution strategy according to supermarket news, but the retail giants face increasing pressure from mass club and dollar retail competitors together sectors outpace private label performance from Grocers for reports and their formidable online rivals to as consumers increasingly venture out into the world. Grocers are looking for a way forward key questions remain around how shopping change and whether grocers can find ways to keep ringing up pandemic lovers savings.

Albertson Kroger Vivek Shankman Mercator Albertsons The Wall Street Journal York Cnbc Jones Safeway Jewel Osco Advisory Group Research CEO Progressive Grocer
Gottlieb says U.S. "right back where we were" at earlier virus peak

Trading and Investing

02:20 min | 6 d ago

Gottlieb says U.S. "right back where we were" at earlier virus peak

"Scott Gottlieb, former FDA commissioner. He's on regularly. On CNBC during the weekdays and usually on CBS's phase, the Nation. On the weekends. They asked him about the overall status of where we are right now. Around the United States. Here's doctor got leave on CBS earlier today. Well, I think right now we're where we were when New York City was having its peak epidemic. If you look back in New York City Peak, we had about 34,000 cases a day. At the time. We were probably diagnosing one in 20 infections, so that meant we were having 700,000 new infections a day. Right now, We're gonna have about 60,000 infections a day this week. Maybe we'll reach 75,000 or get close to it. We're probably diagnosing one in 12 infection, CDC said one in 10 a few weeks ago. It's probably one in 12 now because we're falling behind. That means we have about 700,000 infections and day nationally. So we're right back where we were at the peak of the epidemic during the New York outbreak, the difference now Is that we really have one epicenter of spread when New York was going through its hardship. Now we really have four major happy centers have spread Los Angeles cities in Texas cities in Florida, Arizona and Florida looks to be in the worst shape and George is heating up a CZ well, and that's concerning And as I mentioned at the top of the show this remark by President Trump This weekend, about 99% of the corona virus cases. Are harmless. Everybody on the talk show circuit this morning was getting asked about that, including Dr Gottlieb. Here's what he had to say. About President Trump's remarks. Well, I'm not really sure what he's referring to. He might be referring to the number of people who get hospitalized based on a number of people who get infected, which is probably less than 5% when you count all the asymptomatic infection and infection, young people that might not be getting diagnosed. But certainly more than 1% of people get serious illness from this. About 60% of people who get infected become symptomatic. About 10 to 15% of them will develop some form of covert pneumonia and somewhere around 2 to 5% might get hospitalized, depending on what age mixes of of the people who are getting infected, so this is still a pretty bad virus.

Scott Gottlieb New York City President Trump CBS New York Cnbc FDA United States Commissioner Asymptomatic Pneumonia CDC Los Angeles Florida Texas George Arizona
U.S. Unemployment Rate Fell to 11.1% in June

The 11th Hour with Brian Williams

05:31 min | Last week

U.S. Unemployment Rate Fell to 11.1% in June

"The president wasted no time heading to the cameras to the record jobs gain in June. There's not been anything like this record setting shattering all expectations, our economy is roaring back. It's coming back extremely strong. These are all historic numbers. A record never had a number like that an all time high think of that that's the largest increase in the history of our country. That's a tremendous number a phenomenal number so these are numbers that are not numbers. Of, the presidents would have. This has been a tremendous success. We've done an incredible job we've done a historic thing likes of which nobody has ever seen before in my opinion. Donald? Trump got to use all the superlatives today talking about the job number, but it's important to look deeper into those numbers. CNBC points out one big contributor to the decline in the jobless rate was those returning to work from temporary layoffs? This comes as a new report from the Congressional Budget Office that says the unemployment rate is expected to stay above pre pandemic levels through. Through the end of twenty thirty worth US more, we welcome to the broadcast policeman senior economics reporter with our sister network CNBC. In an old friend of Mine Steve. Great to see you. Thank you for being with us. I mean it kind of was humor listening to the president as I said us all the superlatives, because there's a big piece of context here these are. These are jobs in many cases that people were not working at. As opposed to the creation of new jobs. These aren't jobs created and what the president has missing. There is the historic job losses that happened just a couple of months ago. That were multiples of the jobs that have been brought back in fact alley. I think the best way to think about this. As it was really a bittersweet number, the president was right. It was several times. It was just about double the expectation for point million. It was indeed a record, but let's just do the math. We've lost twenty two million jobs since the corona virus hit the US economy. We brought back seven. Seven and a half million, so everybody can do the math at home. That's fourteen and a half. Million jobs still not return. We brought back about a third. It's a bit quicker, but the other bittersweet part about this thing Ali is that with these renewed shutdowns? You have two things going on. You could have businesses that have shut down and won't we open now? Because of these new infections, but you have businesses that didn't even close before because those places were not affected by the virus, and those workers unfortunately could join the ranks of the unemployed. Let's talk about the more important thing that people like you. And I think about, and that is structurally what has happened to the job market? How much has been destroyed? That won't come back when we return to some version of normal the the the the congressional. Budget Office talks about not getting back to these particularly low unemployment rates that we were at before coronavirus until twenty thirty. That seems uniquely pessimistic, a lot of people talking about two to three to four years. How what does that look like long term return to normal? The best forecast I've seen have been my two or three years. I think that the CBO is extremely pessimistic. But we're looking for Ali is something that economists are now calling scarring in other words we've we had a lot of people. Go on temporarily. A lot will come back, but for some of these places the business may not be there anymore. The job may not be there anymore. On the plus side, there may be new jobs if people continue to get more stuff online rather than in retail stores, but. But some of those retail stores they may never reopened some of the restaurants. They can't survive at fifty percent capacity until we go back to one hundred percents of there's going to be scarring the economy. The extent of which I think the CBO may be too pessimistic, but the idea that we're going back to the way. It was a couple months ago. In short, order is almost certainly to optimistic. Stevens. I know it's something you think about it. Because I know you talked about it a lot of CNBC. How do you reconcile the record stock market performance? We're in very strong territory of Martian popped into earth and looked at the stock market. They'd say all our problems are over. Well it's something that you know. If I had another eyebrow I'd raise that up, but and if I could raise them higher than my forehead. I would do that, too. It's a curious thing to watch. There is an awful lot of the liquidity from the Federal Reserve. In the system. Interest rates are very low. If you're looking to have a return on your money, you can't do it in the charter market. You've gotta go into stocks I think that's one thing. I think there's a belief among some among many investors right now that the economy will return something normal in short order in a six month or one year timeframe. So I think those two things kind of combine the other thing Ali is if you look certain stocks have done very well and pushed up these indices, but some of the stocks and some of the industries that we've been talking about. Have not done well ahead of not come back, so so the market is correctly I. think discounting that and this changed economy that we're gonNA half example with the airline. Airline, so it is curious to watch this market think that things are going to get better as quickly as I think. The market's a little bit optimistic when it comes to discounting the uncertainty of this virus, and as you know Ali, the Fed has been all over this idea saying, wait a second. We don't know if this thing's GonNa come back and I think they've been proven right on that score.

President Trump ALI Cnbc CBO Congressional Budget Office United States Federal Reserve Donald Trump Budget Office Reporter Stevens
7,000 children test positive for Coronavirus in Florida

Squawk Pod

04:16 min | Last week

7,000 children test positive for Coronavirus in Florida

"Eight thousand number of cases confirmed in the United States a new record and seven thousand, the amount of children who have now tested positive in the state of Florida alone since March Dr Scott. GOTTLIEB is the former FDA commissioner now a CNBC contributor he joins us once again Dr Gottlieb's good to see you. Let's begin with these cases of children in the state of Florida. How alarming is this? What does it tell us about? The age groups now that are susceptible to getting this virus. Well we always knew children were susceptible. The belief is that they're less susceptible than adults, so they're less likely to contract the virus than adults and that when they do get the virus, they're less likely to have a bad outcome. Data seems to support that, but they're not impervious to the virus. They do get sick. They get infected and we have seen some bad outcomes in. In children, we also don't know what it looks like. When this virus becomes epidemic in children, we don't know how many kids have actually had corona virus. There aren't any good seroprevalence studies to look for antibodies and kids to see what the exposure has been in children, and it might be the case that a smaller percentage of kids in the United States have had this infection. Infection at this point in adults on a relative basis, because the very first thing we did when we had these epidemics was closed the schools, and so that that closed off an avenue of spread, and I would venture to guess that parents with school age children were probably more here into the at home, mortars, wearing masks good hygiene because they were doing those things to protect. Protect kids, so might be the case that a smaller percentage of kids have actually been exposed, and so we don't know what it looks like. When this becomes epidemic and children in the same way for example, flu becomes epidemic and children every year, if the virus outbreak stays at the current pace. Are we going to be able to send our kids to school in the fall? I don't think so in the south. I mean if they don't if they don't correct the situation and they don't have a lot of time to do it in states like Texas. Georgia Alabama California Florida Arizona. It's going to be very hard for local school. Districts parents on boards of local school boards to make decisions to open those schools I think in the northeast we will be able to open schools in the north I. Think Parts of Northern California San Francisco be able to open a schools. We should really try do that. There should be an emphasis on doing that because we might be in a situation where we have to close the schools again later on. On in the school year, getting kids back to school socializing them, get him started on classroom learning. If we have to go to distance learning on a selective basis as outbreaks occur, it's going to be really important to get them back into the classroom. At least for a period of time, I think a lot of states in the south really have lost the opportunity do that because they have to make those decisions and July those schools open in August in many in many cases, and so they're probably going to start the year with schools closed in a lot of parts to those states. Do we know anymore Dr Leave about that syndrome that had been affecting. Growing numbers of children and we haven't talked about frankly in six weeks to two months. So there was a really good analysis studying published in the New England Journal of Medicine about two days ago that I would encourage people to take a look at that gives sort of a qualitative assessment of ninety nine cases in New York City, it appears to be opposed by real syndrome that occurs about a month after the virus. What we still don't know is what is the total number of kids who had the virus? We know how many kids had. This syndrome appears to be sort of a post. Viral Inflammatory Syndrome could be quite severe sort of like a Kawasaki Type Syndrome. When you get inflammation of arterial vessels it could. It could have disturbances heart. It's treatable, but we don't know how. Many kids are in effect with corona virus, so we're seeing one hundred cases, and there's been one hundred thousand kids infected, or we seeing one hundred cases there. There's only been five thousand ten thousand kids. In fact, it's probably the case that a lot of kids have had this new. New York City and it's a low incidence event and you do see these similar post viral types of syndromes with other viruses including corona virus, where you also see it on rare occasions, a Kawasaki Type Syndrome, with other forms of Corona virus, and so when you see these epidemics, viruses enter a virus echo virus sort of move through population. You will see a month later three weeks later. A preponderance of these post viral kinds of syndromes, so this isn't that unusual in many respects. We just don't know what the incidences of

United States Dr Gottlieb New York City Florida Kawasaki Type Syndrome Cnbc Dr Scott Commissioner New England Journal Of Medicin FDA Northern California Texas San Francisco Arizona Georgia Alabama
Carmen Rita Wong, author, host, and financial expert

Skimm'd from The Couch

05:05 min | Last week

Carmen Rita Wong, author, host, and financial expert

"Hey everyone. The show might sound a bit different today because we're skimming from three different couches, the skin is still working from home for the time being because of covid nineteen today we are very excited. Carmen reader Wong joins us on skimmed from the couch. She is the founder and CEO of Malakand productions. She's also an author and the former host and Co creator of on the money on CNBC she spent years as a personal finance expert for NBC CBS. And CNN and she's written for publications including Glamour. Latina essence and good housekeeping, and in a very big full circle moment she was also carly's boss. At one point Carmen, we are very excited to talk to you. Welcome your skin from the couch, also good to be with you guys. This is very full circle for me. My very first job right out of college was as a production assistant at CNBC for new show called on the money, and I was there for about two weeks when I think somebody jobs one day, somebody came to me in. They're like you actually your job titles changing. Carmen's personal assistant. Good luck. To check. Back and like go theater sheets, anything for lunch very quickly currently under her wing, and it's amazing that we are still in touch today. I'm so excited to have you here. I'm so excited to be here. Those were the days right. Oh my gosh of you sitting just off the camera when we're on the set. general. I still high. You take all your your hamburger, your water your coffee. I got down hot and it's. Certainly was not divis- at all because it was one of those things where I was working as we'll talk. I'm like jumping ahead like twenty. Our date I mean nonstop seven days a week so carleen literally keeping me alive. We're GONNA get into all of this, but I will say you are one of the hardest working people I have ever known so I. Am very excited to share your story, so we're going to start with the question. We like to ask everybody. Which is Skim your resume? Gone how about this I don't have a resume. Here really I mean not that I don't think I have one. State, but like you've had one at different times you. Working for myself fifteen year whatever many years it was, so I haven't had to pull one together in more than a decade. You become a bio Danielle you did. You did a great introduction in so many things I've been a magazine editor, a TV host and writer and producer and a faculty professor author I'm Working Fifth Book. I'm an investor in women led companies, and I am a board member for some big nonprofits, which I love that work to so all of it. What something that isn't in the bio and we can't Google about you that people should know oh girl. You think I'm GonNa tell you that. Google. Wade Carly anything you know you did not read I think one thing that people like maybe John. Know about us like you're I, mean. Maybe they're hearing now, but you are very funny like you're very good sense of humor, and you're very good under pressure. Thank you yeah I'm freaking rock under pressure, but that doesn't mean I mean. You may not see what's happening inside, but yeah, I'm a goofball can't google at I mean there's some pretty funny pictures of me. Still shots that people take if you google made them. That's the one thing that going forward. It'd be nice to show people more, but as people who do know me like. Carly knows me off camera. Yeah, I'm a goofball. You are all right. We're GONNA get into this. This which if we talk about people's Childhood in? Toss how you grew up, but I think you are very. Guests were like your childhood is really really important to get into and kind of the family dynamic. You grew up with and how that folded over time and you're somebody who learned a lot about your family. As you got older, so I want to let you can share your story. I will just start off by saying you were born in New, York and then West. Those uptown Manhattan. I was I, actually did a story on the moth. Right, which is on the podcast as well a bit about what you alluded to there about finding out only last year that I have no idea who my father is, so that's a whole thing, but I grew up with two fathers. Up with the father named after hoppy Wong, and then I grew up with my stepfather, had a very very strong mother Dominican mother, who emigrated when she was fifteen, and we lived in Uptown Manhattan, and my brother, and my older brother, and I were the walls, but she eventually divorced, and we moved to New Hampshire. And that was a real shock for us a very big culture shock

Founder And Ceo Carmen Google Wade Carly Cnbc Wong CNN Manhattan Malakand Productions NBC Production Assistant York New Hampshire Personal Assistant Danielle CBS Editor John Writer
Former FDA head says some parts of U.S. could see 'exponential' rise in COVID-19

Squawk Pod

04:49 min | 2 weeks ago

Former FDA head says some parts of U.S. could see 'exponential' rise in COVID-19

"We begin with those new fears about the fall, and what the growing number of outbreaks could mean for the school year, Dr Scott Gottlieb the former head of the FDA now, a CNBC contributor raising those concerns tonight, and he is with us once again Dr. Gottlieb's good to be back with you tonight. These concerns come because of the rising number of cases. We're seeing in places like Florida and Texas. Right, I think we absolutely should make an attempt to open public schools in the fall, and we were headed in that direction I've been talking to a lot of school. District says starting to make plans for how to safely do that had a D. densify classrooms how to protect teachers had to keep students grouped into cohort CEO have large groups of students intermingling so that you can isolate students. In case, there is an introduction into the classroom of infection. Infection, but when you look at the southern states in the southeast right now you see these large outbreaks underway, and really some stay, sir, tipping into what we would fashion as epidemic. It's going to be very hard to open public schools against this backdrop so i. think a lot of the focus right now of our discussion is on maintaining the economy keeping businesses open, and we seem to have come to the resolution that we can maintain business and. And keep businesses open even against the backdrop of a lot of infection right now the infection that we have but the decision open schools is a much different decision, and the threshold is much lower and I fear that if we continue to have this persistent level infection that we're seeing in the south and the southeast right now it's going to be very hard for local school. Districts make decisions to open, and if we can't open schools in the. The fall that's going to encumber our ability to really get back to robust economic activity, because payers don't go back to work until their kids go back to school. This is coming as we're seeing infections in places like Florida effect, younger people, and the fact of the matter is Dr Gottlieb. We don't really know the effects of the corona virus on the youngest. Do we because they were pulled out of school and they were kept largely at home. That's right and hospitalization rates are going up across the board, but more twenty and thirty and forty year olds are now finding their way into the hospital. Because infection rates are rising in that community, and that suggest two things number one to suggest that there's probably a lot of twenty and thirty year olds who have grown ivars 'cause we know a much smaller percentage of them are likely to get sick enough to require hospitalization, but would also starts to tell us that they are getting sick enough to require hospitalization I think that there was previously a. A belief that you know if you were twenty or thirty somewhat impervious to this now we see rising hospitalization rates among that age quarter cohort, as far as younger kids are concerned with in every country. This became epidemic. The first thing that those nations did was close the schools and we don't have good data on this, but it's probably the case that parents with school age children here more strictly to the stay at home, mortars in the social distancing so young kids were largely kept in isolation away from situations where they would have contracted the virus. If only because schools were closed very early in the setting of these epidemic, so we really haven't seen the infection. Have the opportunity to infect that community to infect young children, because they were protected from the virus in same way that older people now are protecting some virus in a much lower rate of infection is occurring among older individuals in the country, and so we don't really know how this virus is going to behave. Once it gets into different cohorts that have been largely unaffected to date. If, you were advising the governors of Texas and Florida tonight. Dr Gottlieb what would your advice be about dealing with this epidemic right now? Well they're really at a critical point right now because you don't know where they are in the scope of their community spreading their epidemic baker very easily tip over into what we call exponential growth where the cases start going up very rapidly, and this becomes much more deep seated into community. There are signs that that may be happening already and so what they need to do right now. First of all universal masking is the simplest thing we can do. It's effective. Effective it's not wildly effective, but it's really the simplest thing we can do. That's not intrusive. Shorter closing businesses. The other thing you need to do is very good testing and tracing to find out what are the sources of spread. There seems to be some indictment right now of the bars in Texas and Florida, but we don't have really good evidence at the bars of the sources spread. We think they are because we know they're indoor. Congress settings are high risk. Risk Settings and they're not adhering to social distancing rules that are in place in those states right now, so there's a belief that those are the sources spread, but we don't know that there might be other things causing the spread at the community level that we need to identify, and that's what good tracing comes into play Texas and Florida, having invested in the tracking and tracing if you look at an early of the fifty states, and who's doing a really good. Good Job Texas and Florida aren't the worst, but they're certainly not the best, and there's certainly below fifty. The median level in terms of the number of tracers number public health workers. They have doing this tracking and

Florida Dr Scott Gottlieb Dr. Gottlieb Texas Cnbc FDA CEO Congress
Juneteenth: People are hungry for change

Squawk Pod

03:00 min | 3 weeks ago

Juneteenth: People are hungry for change

"We observe June team alongside millions of other Americans. It's a one hundred fifty five year old holiday commemorating the day enslaved African Americans learned of their freedom on this day June nineteenth in eighteen sixty five major. General Gordon Granger of the Union army arrived in Galveston Texas and informed the enslaved black population that the civil war had ended, and slavery had been abolished eighteen, sixty five. That's over two years after president. Lincoln's emancipation proclamation took effect. Texas on the other confederate states ignored the proclamation, and in doing so submitted enslaved African Americans to thirty extra months of uncompensated labor and inhumane treatment this. This day the day honoring the reinstatement of freedom that should have never been taken away the day that freedom was lawful, and yet still withheld represents many Americans, the difference between the ideals of the American dream and the reality for black people in this country, the June team holiday has largely been observed by the US black population wall, and efforts to make June Tiv a national holiday have fallen short in Congress as twenty twenty, though forty seven states and the District of Columbia have all passed legislation recognizing June Tepe as either a state holiday or a day of observance this year. Corporate America is also making president. Several large companies are honoring the day as a paid holiday for employees, Google. Uber General Motors Ford J. P. Morgan Nike and others are observing team today CNBC reporter Gene Wells reported today from once center of Commerce. That's also marking this special day. All the dockworkers at all twenty nine West Coast ports, including here at the largest largest port complex in the country are taking an eight hour work stoppage today for June teeth and up at the port of Oakland, where the local is seventy five percent black. They are going to have a a march and a caravan as local President Trent. Willis says there is systemic racism at times still even within the Union we've had incidents of hanging nooses. That we sense addressed. And just just here and there we've had some some evidence of systemic racism. Showing its ugly head. Here, where we work every day, Corporate America is all in on this saying that June teeth will be paid permanent holiday including target, which will pay working employees, today, time and a half. Other companies are still open, but canceling meetings like Amazon, which will offer workers, a variety of opportunities online to reflect on the day and GM where in many plants the work will continue, they will stop for eight minutes and forty six seconds in recognition of the death of George. Floyd one note about the ports guys in this union dockworkers are allowed one work stoppage a month. They are all happening to take it together today

President Trump United States Galveston Texas Corporate America Union Army Gordon Granger Uber General Motors Google Amazon Lincoln Floyd District Of Columbia Oakland Congress J. P. Morgan Nike Willis Cnbc
Netflix CEO to donate $120M to historically black colleges

KCBS Radio Afternoon News

00:36 sec | 3 weeks ago

Netflix CEO to donate $120M to historically black colleges

"Brooks Netflix CEO reed Hastings tells CNBC that he and his wife are going to donate whatever twenty million dollars to historically black institutions in the U. S. including the U. N. C. H. at Spelman college and Morehouse College in Atlanta Hastings said they want to help draw attention to the historically black colleges and universities and them being part of the solution for America and for black children to aspire to Hastings is worth four point eight billion dollars as Netflix shares have soared about thirty percent higher in twenty twenty thanks to its status as a stay at home stock in Netflix rose another two and a half percent today hitting an all time

CEO Cnbc N. C. H. Spelman College Morehouse College America Hastings Netflix Reed Hastings
"cnbc" Discussed on Squawk Pod

Squawk Pod

07:10 min | 3 weeks ago

"cnbc" Discussed on Squawk Pod

"On this year's list relative to last year's list well, we saw more fintech than ever. There were twelve intact companies five of which were focused just on payments. Of course we had stripe the number one spot, and also as we focus more on the trends that are accelerated by the pandemic. We saw healthcare and logistics, and then in terms of the underlying technology this year huge. On machine, learning and artificial intelligence more than half of the companies on the list said that they used either a I or or machine learning. Maybe a trickier question. What about the issue of diversity and I? Ask because there's been so much focus on the lack of diversity in silicon, Valley. So, how does this list stack up this year? Well, this list really reflects the lack of funding to black CEOS in Silicon Valley. There's not a single black CEO on this year's list. There were six female CEOS. CEOS eleven companies female CO founder, so we see the trends of the sort of lack of diversity in terms of funding in the BBC World really reflected here now just to put that in perspective here. Just three percent of VC funding goes to female CEOS and less than one percent to black CEO's if you dig a back further to try to understand what's. What's driving those trends? It's really enlarge part attributed to lack of diversity in C. Investors, sixty five percent of VC firms don't have a single single female investor in eighty percent of firms don't have a single black investor according to all rates and Black Sea, so really a a lot of questions happening right now about what can be done to improve the diversity. Diversity among the VC community, and also in the types of companies that get funded so there have been a number of announcements Andrew whether it's from Andriessen Horwitz a new and out today from the National Venture Capital Association trying to address those underlying issues. Okay Julia thanks for the list so much to to hear about also fix and hopefully when we. Hear about this list in next year, and the years years ahead those numbers will will move in the right direction I, spoke with Stripes Co founder and President John Collision yesterday afternoon in a rare and exclusive interview and sort out by asking him how he thinks about the state of the economy from his vantage, point has online payment processor for so many different internet businesses at a macro level. We're seeing what you would expect. which is a there has been a very sharp move from the offline economy to the online comedy, and that's being. You know very different on an industry by industry segments for some industries like say. Slowdown at least furniture best, and then there are some industries like say grocery delivery remotely, which are up quite abyss, and then if you look s, you know if you go into some of the more granular granular data it's. It's interesting what we're seeing one thing. We're seeing just a set of businesses that are seeing A. Very big spikes in demand on this is probably stuff you've already covered on the show, but you know companies like Zun, power and onset. They're seeing a twenty fold increase in demand, instant cars out that they've seen a three hundred percent increase in customer demand, so the services that we rely on sort of power, working remotely out or or living during horn teen. The those companies are seeing very major searched bats. That's one part of this thing we're seeing is. Is the creation of new businesses or businesses that previously traded solely off-line, starting to move online this being the push that caused that to be the case we're actually seeing in our stripe atlas data. We've seen a tripling in the number of incorporations, so five activists are incorporating a new business so tripling in the number of incorporations since this time last year, and so that's maybe both brand, new businesses or businesses starting to move online for the first time. And then lastly we're seeing at the enterprises rework, Rhys. We're seeing van starting to move much faster initiatives that were maybe planned for a long time or wants to get done, but. The the lockdown has really totally upended the urgency and partisan those things, and so we're working with companies like the Westfield to retail chain or at. At the restaurant test software platform to help them advance third their who've initiative, so those are the kinds of changes that our seeing just go back, though for a second, because you made reference in the idea of businesses, your your second group of of new businesses and question I ask you this from what you can tell. How much of that is. All. Businesses transitioning, and how much of that is new businesses that are developing new business models, and the like right here in the middle of this pandemic. Yeah, so we don't have the sub granular data to be able to say exactly for sure what the breakdown is, but we've seen a lot of both both at people taking time during this moment in time to build a convenient new business are competing new line of business. We've seen all manner of things at during the. During the lockdown, one of my favorites was on its. You probably need a haircut dot com, which does remotely guided haircuts for. Cutting their partners hair during lockdown at and that businesses obviously you know, the the the market for remotely guided haircuts is much larger than laws, and we're also seeing a huge amount of adaptation as from especially say retail businesses restaurants moving from at you know solely in person trading to ask starting to move online, doing delivery and things like that, so so we're seeing a mix, so your business to a large degree has benefited or been one of the beneficiaries of the pandemic, so to speak. Obviously, it's accelerated the business when you start to look at what that growth curve looks like. Though, how does it change? Is it pulling that business forward? Is this sustainable? When you start to look at what the next year or two looks like. HOW HAS IT changed? You're asking a very good set of questions at you know you'd be welcome, asked You know the the the meetings. We have internally stripe her. We're trying to find for these things. I think the honest answer is no knows right now. The long term effects are, and I think it's certainly the case that the stock market economy. You also can't extrapolate too much. I think from the changes. We've seen in this first three months. Months of the effects from is not going to be over anytime. Imminently I think we should reason about US quite a different state of affairs in one year's time or two years time at Van You know that maybe we see each day and the so we are trying to. As we think about running the strike business one. We're trying to be conservative and sensible in terms of how we run the business invest a huge part of the economy is relying on sprite to provide stable reliable services make the economy work and. And, so we're trying to make sure that we we're just there for the businesses that are on strike regardless of what happens the next year or two I think he's a pretty broad alchemist, I could happen there as part of Your Business. You've got an you've got an into the business of providing credit in some cases. How.

CEO Silicon Valley Black Sea US National Venture Capital Assoc founder and President CO founder Andriessen Horwitz Julia Stripes Co Zun Westfield Rhys van Andrew BBC John Collision
Sports leagues face challenges amid plans to reopen

Squawk Pod

04:41 min | 3 weeks ago

Sports leagues face challenges amid plans to reopen

"Sports world, facing setbacks as leagues hope for a return according to reports several NFL. Players including cowboys star Ezekiel Elliott testing positive for covid nineteen. It comes as Brooklyn. Nets star Kyrie Irving reportedly said he was against the NBA's return. Due to nationwide protests, CNBC DOT COM sports business reporter Jabari, your US tonight along with mark, Ganassi's the CO founder of Sports Marketing Powerhouse Sports Core Gentlemen. It is good to see you mark to the NFL I. How is this news of the positive test playing out? You think in the League office or better, yet Roger Goodell's basement. and which which holds which basement that is into night? Here's the thing Scott. The NFL fully expected that there would be. Positive cases the NFL players are part of society, so they knew it was a matter of when not if it protocols in place, they've been working with doctors and medical with the Players Association. They're doctors and with doctors all across the country and the CDC and they've got this sudden got this covered. This was now it said the phases isolation then the next protocol. Protocol will be participation, so they actually expected this. They actually specter will be will test positive even in the fall when Games are taking place. I was GONNA ask you. What is the League willing to tolerate? Do you think in terms of a case number? It sounds from you as though they are expecting that these cases could rise in. They're still gonNA play. They are expecting. There will be cases, but they do expect you know. Three months ago we just got the virus just took root and look how much more we know three months later. The NFL season doesn't start for three months from now imagine how much more information image the protocols that will know that are better and how to deal with it that we'll know in three months, so the NFL is going to use this time wisely it's GonNa Learn. What happens with the NBA Major? League Baseball, the NHL MLS on the soccer. Soccer Teams in your even the Australian rugby they're in contact with to make sure that the NFL the NFL players, association, have as much information as they can have the best procedures and protocols, so the season takes place, and if there are players that that get virus, they will be isolated. They'll be treated in the games will still take place okay speaking of the NBA. Let's bring in Jabari young now in Jabbar. We have issues as we said possibly. As it relates to the NBA coming back as well. What can you tell us tonight? Well, it's just the same. The internal friction! Players probably. Did Not were not aware of all of the dynamics of what debt bubble Dannon. Landau was going to tell. They know that the MLS is want beat. They didn't know that a Disney up. Employees were not going to be quarantine is so now you have a whole bunch of questions from a league body. That's wondering okay. What's going on? And what are we going to do? Sky's get tested nothing. Obviously you see God like the White Howard and Kyrie Irving. Having their own issues with going back because of the protests in what's going without country from a social injustice standpoint, they have every right to stand up for what they believe in, but from an economic standpoint, the players stand to lose a lot of money. If they don't go back so I don't think there's anybody around the league right now. Thinking that July one NBA wants to come back. That date is not gonNA still be fulfilled I just think as a matter of. of WHO's going to go on the NBA has made it clear. They're not forcing anybody to go, but if you don't go, you don't get paid so if the players don't go, they just sit out. They don't get paid and I think that'll have their own form of protests. Some are voicing their concerns. That may be going would be better because of the high profile that the players would have maybe Lebron James Among those taking that stand. What do you know about that? Absolutely. That's the platform you when you down in the NBA platform and I don't think the NBA, nor espn a northerner sports which the Games will air on would have any problem with the players expressing themselves and I think if you players right now. Maybe you kind of go to the table you go to the owners, and you try to get more, and you say. Hey, listen you want us to come back. How each owner donate to some type of social injustice organization, some type of economic reform in a neighborhood. How `bout to force the owners to give back. You guys want us to go back down there. You want us to risk our lives you. You want out health to wants to go play Hibachi give back to black communities are more than which doing set initiatives aside use this platform to not only makes a Mega Stan, but use it for economic purposes, because guess what the owner Dan and make a lot of money from the NBA players coming back down and Landau and risking their lives and play.

NBA NFL League Kyrie Irving Players Association Roger Goodell Landau Nets Brooklyn Ezekiel Elliott United States Cnbc Soccer Jabari Lebron James Specter Disney CDC Co Founder
The Key to Lasting Success with Sam Walker

The EntreLeadership Podcast

05:57 min | 3 weeks ago

The Key to Lasting Success with Sam Walker

"Think, about this for a second, does world class leadership look like charismatic energetic bold? Now I got another one for you. What does class leadership actually do? Lead from the front take charge standout as the all star performer. Well, certainly, there are cases where all those things are true, but what's crazy is that sometimes? The greatest leadership comes from the most unexpected places from the Ramsey network. This is the entree leadership podcast where we help. Business leaders grow themselves their teams in their profits. I'm your host. Alex Judd today. We get to talk with Sam Walker. A sports journalists who became absolutely obsessed with one question. What did the most dominant? Dominant teams in human history have in common and when I say of says folks I mean obsessed. It became a twelve year rabbit hole that came to a conclusion that is absolutely jaw dropping now. The book that details everything Sam found is called the captain class, and was named one of the best business books in two thousand, seventeen by CNBC the new. York Times Forbes in sports illustrated, but this whole preoccupation with champions didn't come from Sam's time with the Red Sox, or with the Bulls, it came from the bombers, his little league baseball team. Yeah the only good grade team I've ever been on. And it came out of nowhere I was in sixth thanks, fifth or sixth grade and. I played with these kids for my neighborhood. We always had the same team. We were terrible. Hopeless and. We lost a little league. You Know Summer League and we really getting beat up all the time, but one year I don't know what happened. You know I just don't know why, but suddenly you know. We started winning, and we had this kid from a different town who came in with pitching, and he's pretty good, and it just all fell together, and it was this magical spirits. I mean. Mean we got to the point where we knew we were win. You know and we won and we won every single game. We won the city championship. It was just our parents were baffled I. Mean they're sitting there? Like whose kids are these? You know and we knew that we weren't any different. We the same the same hopeless. You guys you slide balls. ROLE BETWEEN OUR LEGS strike out. Swinging, but something something was different, and I got really obsessed i. kind of assumed when I. was that age that this would happen again I would. I would experience this again and you only really never did I play. Sports play played on some decent teams, but never a great one and. I went through most of my career in journalism, and I finally got to a great team at the Wall Street. Journal the Sports Team that we started was was like that I think, but but I never happened again. I was baffled and I felt like I needed to figure out. It was always in the back of my head. Like what was that? And how do you achieve that? And what is that magical alchemy? It's not. Not Talent it's something else. And what is that I think that was one of the things that really pushed me towards this topic, and it sounds like that passion or that question was just reinforced by the work. You're doing in sports journalism by what you were seeing in locker rooms and gains. Is that right? It's totally true. I mean I think you gravitate to things that are strange to you or that you don't understand. You know, I started as a sports writer. You know my first assignment. Funny enough was the Chicago Bulls. You know Michael Jordan's second game back from his charmer, so I saw a lot of these great teams up close and. I saw a lot of bad teams two teams. We're supposed to be great, but then didn't cut it for some reason and. It was fascinating to me because I thought. I knew what a great team was. My job was weird. I I really cover championships major events so I spent a lot of time around the great teams, and I had a sense for what a great team was like when it was all together, but I didn't completely understand what that was. What was that thing that they had? And really it all came together, and I decided to start writing this book in two thousand four, when I spent a lot of time with the Boston Red Sox I mean from the early days of spring training I was with them all the time and more time than I'd ever spent with another team and. I think much I thought they were funny. Group of guys and they were really entertaining, but they didn't have that serious purpose that I'd seen in great teams and. Sure enough in the middle of summer they were left for dead I mean there are nine and a half games back of the Yankees? Everyone just gave up on them and. Then, all of a sudden August, something happened and something just clicked, and they were completely different team. They just came that unstoppable force like all those other teams I've seen, and of course the rest is history. They came back and made the playoffs and. Took down the Yankees after losing the first three games, and won their first world series and eighty something years and This is famous team. Right and I missed. You know I didn't what happened like. I felt like something. There's something more than talent. There's something more than strategy. There's something about the chemistry of people that makes group great, and I became obsessed with that and decided that I had to just really dive in and try to figure it out, and when you set out to answer that question like what is that thing? What is that a serial? The thing that I can't quite label but I know it's there. What is that thing were? Were you thinking Oh man. This is going to be a book, or this is GonNa, take a long time to figure out. What was your thought process? Then saying I was immediate I thought he will come for the Wall Street Journal. I wrote a column nine hundred column. I was like Oh. I'm just GONNA go get here. The best teams in I'll take I'll spend a week. Looking at and I'll say Oh, here's what it is. Problem solved. And I realized right away. That was not going to happen, and it turns project. It just kept growing and growing, and I realized that it was just a giant rabbit hole. And I just went right down and. Well I'm so glad. You went down the rabbit hole, though but twelve years twelve years. That's how long the research took. Own Word it's crazy. It was crazy. I could've written I in five books and that time.

Sam Walker Boston Red Sox Yankees Alex Judd Ramsey Network Chicago Bulls Wall Street Journal Michael Jordan Baseball Cnbc Writer Bulls York Times Forbes
China Superchargers

Tesla Daily: Tesla News & Analysis

05:28 min | Last month

China Superchargers

"We're here. Today would just have a few quick things to go through pretty quiet day for Tesla overall as Elon. Musk has decided to leave twitter for a little bit. Not necessarily bringing news to a screeching halt, but definitely having an impact. We talked late last week about Tesla, potentially seeking out some land for a possible factory or something else in the UK. Well today there have been some rumors floating around on twitter. That musk may have flown to London today. Wednesday June third I'm sure I could probably fact check that but I'm personally not really big into the whole flight tracking concept so I'll leave it at that just passing. Passing along some of the rumors on twitter for what it's worth did originate from an account that has blocked me I'm not sure if it is someone using the blacklist or something else, but take that for what it's worth x today we have electric reporting on some pretty major superchargers expansion plans for China. They say quote at their Shanghai office last week. The automaker announced its plan to deploy four thousand superchargers in the country in twenty twenty, alone and quote, and while I'm not sure where they got this information electric says that there are about twenty five hundred superchargers stalls currently in China supercharge dot. Info is where I like. Like to get my tracking information for superchargers, and they have the whole of Asia Pacific right now at just over four hundred super charging stations, and of course, each station has multiple stats. The for a super charger location worldwide is about nine superchargers per station I think over time that number would grow so if we assume ten charges per station with the support of four hundred new chargers, we could be looking at four hundred new locations in China or something in that ballpark. The super charger location build out in China historically has been pretty linear so I. Think with gigafactory Shanghai now ramping up. We're going to see that change, too. Too much more of an exponential type of growth, and I wouldn't be surprised to see the super charger numbers in Asia Pacific Exceed Europe within the next twelve months of course, hopefully, gigafactory Berlin means see similar exponential type of infrastructure build out in Europe as well, but China market is larger. Even Volkswagen sells more vehicles in Asia Pacific than in Europe, so at some point, those are likely to flip next. Today is an interesting news Ford dealerships specifically independent Cardio ships in the United States so non franchised dealerships CNBC has learned and confirmed with Wells Fargo Bank that Wells Fargo last month and I sent out to hundreds of independent dealerships. Them know that they were dropping them as customers, and they would no longer accept car loans coming in from those dealerships, a wells Fargo spokeswoman told CNBC that the bank had quote an obligation to review our business practices in light of the economic uncertainty presented by Covid, nineteen and have led the majority of our independent dealer. Customers know that we will suspend accepting applications from them and quote so the timeline, and how temporary the situation is a little bit unclear, but this may add in some cases a little bit more pressure to some of those dealerships now. How big of a deal is this really probably not? Not all that big. The Independent dealerships can likely find financing elsewhere, and as it relates to Tesla. This is about independent dealerships, so this is more of the used car environment versus new vehicles, and I think regardless of Tesla's disruption for new vehicle sales, and a little bit for US vehicles as well. I think dealerships for used vehicles are probably going to be around for quite a long time. Next is a quick update on space, X. if any of you have launched fever from the launch over this weekend, you'll have another opportunity to get your fix tonight if you're in the US on Wednesday June third. Third? At six twenty five PM Pacific Time Nine, twenty, five pm. Eastern time. This is another exciting mission for SPACEX. Because this is related to Starlink, this is the eighth launch of Starling satellites for operation so operational satellites four, hundred, twenty, one through four, hundred and eighty. June should be a big month for Starlink launches with three expected launches scheduled for the month about the crew dragon mission. There was a pretty interesting quote that was shared on the TMC forums by Astronaut Doug. Hurley was quote the thing that really stood out to both of us, and we mentioned it as soon as we talked is that? That, we didn't even feel the docking. It was just so smooth, and then we were docked and the shuttle. You felt a bit of a jolt. That really really surprised me and quote so obviously. The autonomous technology that spacex is using for docking at the International Space Station has a lot different than the autonomous technology that Tesla is using on earth, but nevertheless uninteresting and nice quote to read Leslie today I just want to give a few thoughts off the top of my head on the Nikola interview yesterday. Obviously some mixed reactions from that interview, but I appreciate those of you. That came to it with. With an open mind that interviews, not my time. That's Trevor's time to give us his take on the company. Then we can take that information and we can assess it for ourselves for me. It's about getting good information out. There were lucky. I think to have platforms to speak directly with CEO's of these companies and assess based on the things that they say rather than having everything be shrouded in mystery. So that's the whole goal I really appreciate Trevor taking the time to do that and answering my questions, it's not exactly the easiest environment to come into you, and it's not every see yo that is. Is Willing to do that so I really appreciate that in terms of Nikola as a business. I wish them all the best. My personal preference is Tesla an investment. I'm a really big fan of the vertical integration. That Tesla has I think that allows tesla to learn a lot and it rate very rapidly as you said in the past pace of innovation is the most important thing I believe that vertical integration helps with. That doesn't mean another model can't work. Nikola does the advantage of not having that legacy business waiting them down. That could allow them some room to operate so I. Think they'll be interesting. Interesting to follow, but personally not the investment for me, and that's okay again. This is all about open-mindedness, due diligence and sharing

Tesla China Twitter United States Asia Pacific Musk Nikola Wells Fargo Bank Trevor Spacex Europe Elon UK Shanghai Volkswagen TMC Gigafactory Shanghai London Starlink
"cnbc" Discussed on The Dan Le Batard Show with Stugotz

The Dan Le Batard Show with Stugotz

02:13 min | 4 months ago

"cnbc" Discussed on The Dan Le Batard Show with Stugotz

"Of definitely when checking today. Yeah Yeah I would. I would stay away tonight and we love you but yeah I got better ratio though more reaching favorite time what what should be the penalty according to Jorges Sodano. Who's out here with this lonely? Take that all of us are afraid. Yeah I don't know why you're so afraid of it. I mean the facts there. They told him what he needed to do. And they all what they needed to do and he was still a responsible Yeah I would suspend him. I would spend it for two or whatever it is depending on whatever they come back you know I. I don't know how how long these conversations with wind but I know they had the conversations with these guys about this numerous times so I was suspended for a game or two plus thing to suspend for the rest of his career. That's not that's not the take I feel like that's the expect. You guys are taking this to do we do. We suspend him if Donovan Mitchell somehow gave it to him. I still think he was the responsible one. I think it's one thing to knowingly transmit this. It's another actually level. Act irresponsibly like he did. I think that's just a completely different scenario George good talking to you. God bless you and God bless you. I love you guys ready for that Mitchell question. Geez AH was how could you be my God? Let me start so Billy I appreciate you getting in there and living the anger mom. It's not an angry mob. But that's just classic laboratory misinformation. Today I think billy was surprised that I didn't run with that tape before. Sodano did he wasn't angry about it. He was a prize. I didn't run with the taste. If I'm afraid of its eighth and know what you go there all the cancellations are just pouring in right now on the ticker everything it. Just everything's good. Everything's going to be cancelled seems Students I'm golf. You may know that I play the straight man around here. I'm not actually afraid of the Sodano. Take you're afraid of anything serious. This is not a shocking thing that he said. Co Bear should be suspended for a game or two..

Donovan Mitchell Jorges Sodano Billy Sodano George
"cnbc" Discussed on The Dan Le Batard Show with Stugotz

The Dan Le Batard Show with Stugotz

01:52 min | 4 months ago

"cnbc" Discussed on The Dan Le Batard Show with Stugotz

"SEC. Tournament has now been canceled as well. Also I feel like the warriors have out of it at this point on naked solid. Totally right I believe in your conspiracy theory that the NBA purposely You know infected rudy. Gobert so all of this would happen so Jorges Sodano is with us and he says go bear should be suspended sodano. Nobody here wants anywhere near this position. That you're taking everybody is backing away. Go ahead and argue your position and thank you for making time for Sir you you got it. Here's the deal. I've talked to multiple teams over the last couple of weeks. While this stuff has been you know becoming a bigger issue right as as it's gone on throughout the world and every team has had a meeting with the League and has had an internal meeting on how to handle the situation and the first thing they tell you if you feel sick. Don't go touching people. Don't go touching people's stuff make sure you tell us right away all these things and yet he still feels like a joke. Look Man I get it if he wasn't informed right but if you just watch the news let alone. The fact you're on League has taken precautions on this and the individual teams. I've taken precaution on this. You're just being irresponsible at at the very least you're being naive but at the worst you're being totally reckless in a responsible and if I'm at silver up I go dude. Look we told you multiple times on how to handle this stuff and you thought this was a joke. How about the three reporters who were there? the other day who. He touched all their stuff. Like those people need to feel like they gotta self quarantine they were talking about it on social media yesterday to like. I feel bad for anyone. Who came in contact with him unknowingly in those situations if he felt he needed to know better because he was told to know better. What's The tweeted this out? So what's the response been to your tweet? I think for the most part. It's been positive I don't know I don't check mentioned all that much. A couple.

Jorges Sodano League NBA
"cnbc" Discussed on The Dan Le Batard Show with Stugotz

The Dan Le Batard Show with Stugotz

04:51 min | 4 months ago

"cnbc" Discussed on The Dan Le Batard Show with Stugotz

"It is brought to you by straight talk wireless gear. Mo- put it on. The poll. Did Not get real until Tom. Hanks got it because I feel like that's what happened. I feel like you're sitting there yesterday. As ASSAN WHITESIDE IS WANDERING AROUND. Lysol his entire apartment and himself on social media Devon Booker streaming himself live online playing video games and he learns about. Go Bear and Tom. Hanks and just complete shock washes over him and I don't believe that was go bare related. I believe that was Tom. Hanks related. I believe that this did not get America's attention until it got Tom Hanks's medical attention. I can tell you my own house. It did not get my wife's attention until Tom. Hanks was diagnosed with corona virus. Like she was not taking this thing seriously. And it's the flu. Yeah and then Tom Hanks got it and he signed his tweet signed off. Hanks and my wife is like this is serious. That's his signature. I know I said why because of the sign off. She said yeah he'd even have time to put his first name on there so he's hang. I know that's what I was trying to tell her ex. He started with. Hey folks what a way to start. That's just how I imagined is modern day. Mr Rogers I mean. There's a reason that he played that there are very few people as likable. That's hard to do what Tom Hanks is done to. Just be in the public eye for that long. Have a marriage that looks super solid. Have none of the Hollywood stuff Stick to you in any way Tom. Hanks has led a charmed charmed public existence. He started at. Hey folks because you knew the gravity of the situation. He knew what informing America that Tom. Hanks has corona virus would mean to us and he took the appropriate tax. So this is what's happening last night. Okay and I know I already ruined mass singer for some of you but As the address is happening with the president of the United States you've got Sarah Palin doing baby got back on the mass singer dressed as a bear as the NBA season is also being cancelled and Rudy Gobert infecting Donovan. Mitchell and now Jorges. Sodano is out here. He's the first one out here with sports. Take he's saying the NBA should suspend should suspend bear. God bless the Donna I thought for sure STU gods would stay out this position. That's not even a position. I WANNA stay yes. We should pause on all go. Bare takes and if it makes him feel any better technically is suspended because the season is billy billy. What did you think when you saw? Sodano saying it's not unreasonable. What he's saying go bear did something that looks so bad that it is the kind of behavior you suspend people for. I just feel like the shame and the indignity of what Ghobeire is through right now is plenty enough. Punish PLUS. He has the virus. Got It from someone you know like. We don't know where he got. He didn't travel abroad. That's not where he got it from and he's in the locker room with someone else. It has it. We just know that Rudy tested positive. I know but he's talking about suspending him for what he did. Well and the and the and the recorders because go bear made a point. I've seen it a thousand times on. Espn already today. He made a point in a conversation about the corona virus. All of the reporters equipment was in front of him before leaving the room. He made a point to touch all of it like Haha bleep off. I'm not scared of this. And now he has it and Donovan. Mitchell has it according to Wo- Jr and God knows who else has the last five teams. The jazz played have been personally quarantine now because they've come into contact with the UTA jet a referee who who ref they. Utah game recently has also there for last night's game yes? He's been born in Queens signers. Looks like he has it. That is straight talk. It is brought to you by straight talk wireless everything for less only at Walmart in times of national crisis. A soothing voice is needed. We are not that voice. We bring you that voice however next. Tom Rinaldi brings US peace. Oh and the dulcet sounds of soothing. Neck Donlevatar I would absolutely take down my own school as a journalist if I find out that there was financial aid problems. We getting not hiding that story. I totally leverage that information for money. Felony Blackmail stugatz. He's got to be the only radio personality in America. Who FREELY ADMITS? Yeah I'd no that's good. You got the goes. All the other spots have been taken. He's like serving the landscape on. Where can I plant my flag? I got this right. Nobody else wants this. Why is there no one here? Wow this looks like such a great land..

Tom Hanks Tom America Sodano Tom Rinaldi Rudy Gobert United States Mitchell flu Mo Mr Rogers Devon Booker NBA Donovan billy billy Sarah Palin Walmart Espn president
"cnbc" Discussed on Newsradio 970 WFLA

Newsradio 970 WFLA

03:26 min | 4 months ago

"cnbc" Discussed on Newsradio 970 WFLA

"CNBC Phil lebeau he was asking whether the drop was reminiscent of the former dips in demand by the two thousand three sars outbreak or September eleventh and the CEO of Southwest Airlines said that it was more like nine eleven the CEO of southwest said it has a nine eleven feel that's how much bookings are down on southwest Hey you know it's got to be the same for American United and delta and those airlines have even more exposure with their support their international routes you know southwest does what that I think southwest does Mexico and and it was but some some closer international but the C. yourself where said that he thought the dip in bookings was an over reaction but that southwest is financially prepared to handle the fallout but that demand it gives you chills you are here I'm talking about scuba diving in the caymans and how we went on I remember we went to the caymans in December of two thousand one and it was a ghost town these people were still reeling after nine eleven that was December of course nine eleven happened in last September and it was the rest the September October November and we went Christmas time and it was a ghost town as people were it was still just shocked and we're not traveling internationally we did enter here this comparison to nine eleven in the drop off the airlines faced it just sends a shiver down your spine eight hundred eight zero one eighty nine ninety nine the nationwide number I'd love to hear from you have you cancel any trips the other day trips coming up how about business trips are you a business traveler have York what we're seeing conventions and meetings of all over the place had been canceled I saw that the the ace hardware convention was canceled because the corona fears sell all the ace hardware dealers from around the country I love to grab your calls on this are you fearful of going on vacation have you had vacations canceled have you had business travel cancel if you want to weigh a love to hear your stories eight hundred eight zero one eighty nine ninety nine I'm telling you right now that I'm planning to fly in a little over a week's time folks with the family and then I've got travel coming up in April several times and I've got air travel schedule for may coming up I love to hear from you eight hundred eight zero one eighty nine ninety nine the CDC scare why did trump plan to go to the CDC that it was canceled now back to the CDC and the president is at the CDC as we speak all of that coming up on my phone news radio WFLA and now another addition of obvious news from geico experts now say that wearing more clothes in the winter will in fact help you be warmer we asked called victim Trent Patterson about this and here's what he said that was the weirdest thing I I was a little cold put on a sweater then wasn't called.

Phil lebeau CNBC
"cnbc" Discussed on The Peter Schiff Show Podcast

The Peter Schiff Show Podcast

12:52 min | 5 months ago

"cnbc" Discussed on The Peter Schiff Show Podcast

"Cnbc WHO's touting stocks and bonds he could say all. These central bankers are making mistakes. They've all got it wrong. They're destroying the currencies. We're GONNA have massive inflation. The dollar is going to collapse. These other currencies are going to collapse and he gets away with it but not only is he not challenged on the validity of his forecast. But these guys aren't even questioning his partiality like they do with me. I mean not. Everybody does it but a lot of guys on. Cnbc have accused me of basically lying of talking my buck. They'll say Peter. You're only saying these ridiculous things. You couldn't possibly believe this. You're just trying to sell goal right. You're just coming on here trying to get people to buy gold even though you know. I'm trying to get people to invest in a lot of things not just gold but yes. I talked about goal because nobody else was and I think people should own it and by the way it's up better than sixty percent in the last four years it's up six and a half percent so far. This year is beating the stock market. So why shouldn't people own gold? But I've always been accused of well. You're just trying to get people to buy gold so you can make a sale because you're selling goal so you're saying all this stuff just to convince people to buy gold. Well why don't they say that to the Bitcoin guys? Why didn't anybody on fast money? Say Hey mark you soco. Don't you manage crypto funds? Aren't you just trying to sell crypto? Don't you have a vested interest in people buying Bitcoin? Isn't that why you're on here saying all this stuff right? Don't you need it to go up because in the case of this guy it's actually a true thing because first of all when it comes to goal no matter what I say. I can't affect the price of gold but I can go on. Cnbc every day and say by goal by gold. And it's going to have no effect on. The price is a huge liquid market. Nothing that I could do could influence the price but you go on. Cnbc and you say by Bitcoin by Bitcoin is going way up. That actually can influence the market. It's a thin enough market that that type of media coverage touting it can actually make the price of bitcoin go up but of course when you're involved in bitcoin right. Bitcoin and I've used the word Ponzi scheme. Sometimes to describe it but what it's really more like is a pyramid scheme than a Ponzi Scheme. And the difference. Between a pure minute ponzi scheme kushner subtle oposite scheme is when you have one guy right. That's perpetuating a fraud. He's selling the thing and he knows it's a scam. But he doesn't tell the investors but appeared scheme. It's not just one guy. It's everybody who buys it. Who BUYS INTO IT MAKES MONEY BY convincing others to buy it too so that they can sell what they bought at a higher price. So there's no one person that is just scamming everybody ponzi style. It basically takes on the dynamic of pyramid but when you are involved in a pyramid yes. You've got to get on television if you can and convince people to buy what you already own so the price will go up. I never have to do that with the price of gold. I mean the price of gold has real demand out. There doesn't matter if I get anybody to buy it or not. It's going to be bought. It's going to be bought by central banks as a reserve asset. It's going to be bought by the jewelry. Industry is going to be aerospace and medicine and consumer electronics people are going to buy gold regardless of what I say. That's not true for Bitcoin. You'VE GOT TO GET PEOPLE OUT THERE. Pumping it trying to convince people that the price is going to go up so by it but me. Why when you get this guy coming on. Cnbc and he say all this stuff nobody challenges. Nobody pushes back the way they would. If it were me and I was saying the exact same things except I was saying you should buy goal but this guy can say all the things that I used to say about why. You should buy gold but applied to bitcoin and he gets nothing but respect. Everybody's okay right but meanwhile bitcoin is a complete scam as far as being a store of value or a safe haven or any type of monetary asset. There should be a lot more skepticism. When you're interviewing a guy promoting bitcoin than a guy like me who simply telling people to buy gold and in fact one of the things that this guy said is that he was encouraging people not only to buy bitcoin. He said go out and buy some bitcoin. Keep Stacking Saito. She's just by by it but then he said take some of your bitcoin and send it into my fund and I'll pay you an eight percent interest on your bitcoin. Now how the hell can you pay anybody eight percent interest on Bitcoin? I mean obviously what you're making. Bitcoin denominated loans. I mean how you pay eight percent banks aren't even paying one percent and you're gonNA pay an eight percent interest on bitcoin deposit. Obviously that is a massive red flag. They're taking some tremendous risk with those bitcoins if they can give you an eight percent return for simply depositing them in their fund I mean. Maybe they're running some kind of Ponzi scheme with those bitcoin. So it's basically a pyramid at a Pasi rolled into one now. I don't know I have no idea. But when anybody promises eight percent yield audit deposit you know that they have to take a lot of risk especially in a low rate environment to pay that kind of yield so who knows but able to tout that too and again nobody questions him no pushback. He just has the seven minutes to tout bitcoin. But no coverage at all really to what's happening with the price of gold. No that's that's happening in complete darkness. Why they have all this light shining on. Bitcoin you know with all of the free and constant publicity that CNBC has been giving to bitcoin. It's amazing that the price isn't even higher. I mean that shows you how many people are dumping their bitcoin behind the scenes they're using CNBC as a way to get out. Right they're pumping and dumping. Cnbc does the pumping and the whales. Do the dumping. In fact one of the things this guy was talking about as big catalyst for why the price of Bitcoin is going to go way. Up is the having. And if you don't know what the having is it's going to happen. I think may twelfth or maybe. That's not the exact date. I'm trying to remember but what happens is the reward for mining gets cut in half so that means. The miners aren't going to get as much bitcoin for mining and so therefore the supply of bitcoins after the having is going to grow more slowly than it has been growing every four years. They have again and so the last time there was a having. I guess there was a big rally at some point after it. And so what everybody's been saying is oh the next time we have a having. The price of. Bitcoin is going to skyrocket. Because there's going to be less supply first of all. There's not going to be less applied. There's going to be more supply. The only thing that's going to change is the supply will grow more slowly after the having that it was before the having but the supply is still going to get bigger not smaller but the key is what happens to demand because what if demand goes down. Well then the price can plunge everybody's just assuming that there's going to be some kind of supply shock after the having and everybody's been loading up on Bitcoin in advance to the having because they all want to own it. Would it have because everybody expects price to surge except there's the problem if everybody knows that having is coming and everybody is convinced that after the having the price is going to go way up well nobody is going to wait to buy after the having they're gonNA buy now they WANNA be loaded up? They WANNA already own their bitcoin so that they can own it when it goes up after the having which means once we get the having. You don't have a bunch of people looking to buy. You have a bunch of people who already bought looking to sell. It's a classic by the rumor. Sell the fact so everybody who thinks that having is going to be a huge catalyst for the price going up there dead wrong is going to be a catalyst for the price going down. In fact price will probably start going down before the having and then go down even more after the having because everybody who wants to buy because of the having well they've already bought and so really is going to be an opportunity for people to sell and cash in on the event that they'd been anticipating for such a long time. Meanwhile though I want to circle back to the two thousand dollars city forecast for the price of gold because I can't really emphasize how big a call this is and what this likely means because these institutions realize what's going to happen and for all the people talking about all the institutional money that's moving into bitcoin. No institutional money is in fact moving into bitcoin but money is moving into goal. Look at the. Atf's now have a record amount of gold in storage so there has been some big buying and obviously if these banks are starting to increase their price targets for the price of goal there accumulating for their own accounts. And they're also accumulating gold stocks. That's probably why you haven't seen a major push yet from the larger gold banks to recommend gold stocks because they want to buy them themselves. They don't want to recommend until their clients until they've loaded up on their own position. So I do think that as an institution start to appreciate this bull market once they have positioned themselves to profit from it. Then they'll let their clients in on the action right. They'll let them get a little taste. Once they saturated their own appetites but see I want my clients in now. I don't want to wait for that. I mean I've been encouraging people for years to front run the big institutions to buy gold to buy these gold stocks. In fact the more I think about it to mean gold itself is the perfect hedge for people that are in the stock market and very few people who are in the stock market have any hedges they might as well introduce gold because the reason is such a great hedge is number one if the market crashes goals going up I mean just look at it on look at the correlation anytime you see the market going down. Chances are if you just look at. The stock market and at the stock market is down especially bits down big. You can pretty much guess. That gold is up. 'cause generally goes up when the stock market goes down but it also can go up. The stock market goes up so if the stock market's going to crash which is something you should be concerned about. If you've got a lot of money in the stock market goals going to go way up and stock market crashes so you should have some gold as an insurance policy so you have something that will go up when the rest of your portfolio goes down. But here's the flip side. The only way to stop the stock market from crashing is for the Central Bank or the Federal Reserve here to print more money cut rates. Do qe and that is actually better for gold. Then the stock market going down in fact that is more bullish for gold than it is for stocks. So what are two things are going to happen the US Stock? Market's going way down and your gold is going to go up or the feds. GonNa print so much money to prevent the US stock market from going down that the US stock market will go up but under that scenario your gold will go up even more so it should make money either way. Stocks go down you make money and gold stocks go up you make more money in gold so everybody should have it and soon everybody will but before they do you need to load up and again physical goal by SOM- shift all this by gold competency we will get you the best gold at the lowest markup you know go to our website and if you WanNa take a little bit more risk for a little more upside by some silver physical silver. We have yet to make a big move. Look we're going to have an explosive move one of these days it'll be up two dollars three dollars five dollars in one day. Don't wait for that day. A lot of people will and they'll buy after that day by before it because we know it's common you know we're going to see gold up one hundred dollars two hundred dollars in one day. Don't buy after. That happens by before that happens. You know I.

Bitcoin Cnbc Ponzi Scheme Ponzi scheme CNBC US Federal Reserve Atf fraud
"cnbc" Discussed on Techmeme Ride Home

Techmeme Ride Home

11:17 min | 6 months ago

"cnbc" Discussed on Techmeme Ride Home

"Thanks for coming to talk to us again again. Thanks for having me so when we spoke a year ago we talked a lot about things like wearables and a I in in health tech and I kinda hate to start off with one of those one of these sort of broad questions right off the bat but did those a lot of those trends bear out over the course of the year because I kinda stopped hearing about a lot like what the what were some of the biggest stories that we saw over the last year the things that you found yourself writing about over and over again. It's a really good question than you know an important times. Kind of look sock as we get your new decade Cranky So you know putting I think at the beginning of the year a lot of our talking about I am she money and kind of bringing me to Barron and health but one of the things music that you need when you're trying to do this kind of work is a massive amount of data And so we saw a lot of deals get done trivia. Ah between health systems that have that information typically before a patient records and the tech companies like. I'm GONNA do Google. You know someone would be surprised to hear that the second second off of the Yay the big story was privacy because I think you know consumers where it lodge kind kind of got the taste For for what it really means to you know. Give information without consent and we got some really interesting in discussions about what it means to be. The bad side According to kind of privacy rules and regulations and think thing as being honest and it turns out fourth forth. That isn't so now. There's there's a lot of talk about potentially revising the privacy policies with new age that we're living in Ah The tech. Companies are at the center of that. Well you know. It's it's almost as if you were reading my notes because I want to talk about all these. Let me back up for a second. Let's start start with the with the whole idea of the tech companies and getting into the state and stuff like that. I mean for thirty years. We've been hearing that you know. This is the next frontier for tax. That we're going to make everything more efficient and digitize everything but like especially Google's like project nightingale to some degree. I wonder if you know if if it's what I just said that this is something that tech is always wanted to get into. Is there something that has changed that it now like someone like Google has gotten so much. Religion is it that they Have built up all this cloud infrastructure. Now they need to show something for that. Yeah yeah I mean for Google being of the three in cloud off the myself. So I'm going. You think that they would be areas like house which I think compatib- pads of the sexes instead of relatively untucked by the crowd providers and it's a huge industry There's still a bunch of crossing that you can you. You can sell on kind of migrating to the cloud which made then I think. The other way they've they want US differentiate themselves by saying that that's a machine learning adding that they can build these cool applications on on top of the of these health systems and health care costs in this data set off. Ah The the pitch but then you know the the drawback is that nobody really trust Google and I. They tried to do what is essentially kind of some of the same banks that health check fees owing done They're not doing anything new hair and project Nightingale Kinda fully very long tradition of things. So it's agreement agreement being made between help companies. Nothing you can do about it. Maybe that's what I'm asking like. How House just from your perspective? How serious do you think this is? Is this something new or is this as you're saying just something that we've been hearing for years and years. How serious do you think someone like? Google is about getting into the sort of health data stuff with both feet. I mean I think it's I You know it's they are definitely serious about getting into space and and you see them kind of higher help people in the past year including Somebody could David Find Bucks an elitist that division in health that they are serious about doing something states and and you know project banking Gail. I think go that reaction because Google But I recently tweeted out this whole threat of of just kind have similar things that have been done between healthcare companies. Is that really. Don't particularly care about because it's not Google But you you know. For instance if you look at the de identified data that that project Nightingale Impact was collecting Got Involved know that shad between ascension unhealthy stem and Google diesel typically would happen all the time in health. I mean if if if patient dated for flow freely like dog. Now well I mean I. I thought that the industry would basically trying to reaching hold that of sorry. The tricky part of it the Vikings. But it's legal okay. I want to dive into that. You just you had a recent tweet thread where you kind of outlined all the ways that healthcare companies have are already and have for years been taking advantage of your data or there's already like Brokers selling your health date in the same way that you know you can buy five my browsing history or my location history and stuff like that so this is that isn't new. What is new is that now? There's this market to sell to the big tech companies as what. Yeah yeah absolutely. I mean you know one of the craziest got statistics. I've had which you know seems to be true? I don't know how much access you you have your health information or use a no way. You're you know blood test results or actually imaging is most people don't have access to that. turns out your ten times more likely to have that information be hacked to review it more likely to have my health information be hacked into action. I'm talking with my own eyes. More likely head. Find more likely That's that's like the piece of it illegal for the piece of it. The legal is that they're also danger. Burqas these companies that just by this information from houses jumped and sell it to farmers for marketing purposes which is you know another way which your data is being advocated and and my bridged Without you ever really had access to it yourself. What about about we've seen all these stories about These genetic testing companies. And you know it's not only crimes are being soft stuff. But there's there's I think like twenty three and me cut some sort of deal with drug maker to mine. Customer data so is is that something that's new on the horizon to that you're twenty three and me. He's not just making two hundred dollars or whatever off the kit they're also going to be selling this data down the road. I mean. Isn't that kind of it's like it's sort of a brilliant lead Gary Business Model that you could charge people these tests and then also once you have that information and of course you have to get consent. Ah But somebody says yes you can have a business model the other side of it by by aggregating in time so many Shannon selling it some of your customers they think for twenty me. That's it's kind of the facade wheel of this which is that they can become a drug makers themselves which they are trying to do. Yeah they they have a whole Therapeutics Knicks on so they. They're trying to use some of this information so that they can develop drugs And for that reason better definitely cold among patient advocates. That I talk to you to see if there's a way to compensate patients like imagine if you had something really really cool about your genome and that led you. Some great discovery agreed that if a bunch of drugs may cause you know we're able to monetize why would you ultimately that. Is that work at some kind of payment from the. That's what I think the Guy I've been going on and on about that about all of our data how come but even even forget about if they if they make some sort of cool new drug based off of my medical history whenever but it's still my medical history that they're selling so wait butts back the second so this is all legal even though we have things like hip and and and all those sorts of laws is it legal because it can be de identified or unauthorized. Yeah it's it's It's hard to find. So Oh anonymous. Data An let's declare like Hitler doesn't you say you give your your health information to think like that's helpful. Wouldn't even cover that. It's really just cases where some kind of help cats evita sharing visa to a business associate so that Mike Yeah health system sharing information with the company like people that would be helpful. But it's not all stockings. Does that involve any sharing of health information and under have but basically the okay to four to share what the state of it is considered de identified But there are a couple ways. Is that just fine. She identified but I think that's the piece of it where people are saying hippies an update because these days he couldn't you know take jake very slight walnut information. Even when it's been de identified and find a way to correlate that some other information say like you know if you knew you a person's location or whether going every day and then you might be able to figure out alternate thing so you know that's kind of an interesting thing that wasn't when it was when it was the mole was full wasn't ready considering And then you can also shy some things that is protected under Hecker inform an agreement and sign. What's called a being a business agreement that allows for some sharing of information from the puppets of say research or for company Building a tool for health system. But they're not supposed to then turn that into a commercial business. Let's go to another health system. It's kind of complex. But that's sort of how generally how the framework of ready tell that they're that mutation is there. Is there a difference between de identified an anonymous or are they essentially the same thing. the So so they are not saying saying we couldn't you know what the de identified it's It under HICFA. It's because you've taken stripped it of certain kinds of information that Hitler would say or identifying or under habits like untying met that requirement or you've hired a statistician Sousse agreed that it's the sufficiently de identified but nowadays people there there's been studies show that even the identified as that can be traced back to an individual so it is definitely not the same thing.

Google Hitler Barron US Vikings David Nightingale Impact Knicks Nightingale Hecker jake Gary Business Model Shannon Sousse Mike
"cnbc" Discussed on KFI AM 640

KFI AM 640

01:43 min | 8 months ago

"cnbc" Discussed on KFI AM 640

"CNBC this negative perception has lost businesses we don't establish themselves here because the name asbestos as you know is wants to go to material for insulating buildings well that didn't work out so well because then we find out that yeah it's not so good for you it's going to cost the town about a hundred thousand dollars to change its name and that process will begin in January number four probably on his fourth tranquilizer by now the form or the means same world left for years all right nobody asked for this but you're gonna get a the longest game ever from monopoly monopolies longest game ever is now available for purchase exclusively on Amazon it's nineteen ninety nine and it is endless you'll never re claim this time in your life if you think the original game was long yeah this one's even longer the winner must own all sixteen streets for railroads and two utilities they got a via yeah there's no way you can win this one players can choose from a tortoise or a hair for your token and if that doesn't interest you maybe you'll be interested in the other version of the game they're releasing this is a monopoly speed game it's the fastest version of monopoly takes just ten minutes to play that's kind of like my kids asked me to read a book at night thank you what's the quickest book I can get there no I'm just kidding that's not very nice but I would play this for them but you should be the number thou shalt count and the number of the counting shall be three fire said within.

Amazon CNBC hundred thousand dollars ten minutes
"cnbc" Discussed on Squawk Pod

Squawk Pod

08:53 min | 10 months ago

"cnbc" Discussed on Squawk Pod

"Bringing show musically this squawk the daily podcast brought to you by the team behind squawk box control to CNBC's essential morning show every day. Get the best stories debate and analysis from the biggest names in business and politics are today a behind the sound special at the delivering Alpha Summit. We should be calm that we have a lot of people out of the Super Bowl Tech investor. Glenn Captures says going public is going bust the IPO's are happening in the private market investing impact the guy who runs an office as witches the Rockefeller because it is the rockefellers Raj Shah. It used to be the case that ninety percent of American children could do better than their parents today. It's less than fifty percent and former White House insiders insiders. Steve Bannon takes on China. This is an economic war that Beijing has run against the West for twenty years today delivering Alpha. I'm CNBC producer Katie creamer. It's Thursday September nineteenth. Twenty nineteen squawk pod begins right now spend becky by in three one good morning everybody the squawk box here on CNBC. We are live from the ninth annual delivering Alpha Investor Summit in New York City. We are at the Pierre. It's beautiful things are happening. We're ready ready to go fifth avenue. I think part of Manhattan Vernon Andrew Ross Sorkin the delivering bring Alpha Summit in New York is nine years running in partnership with institutional investor. CNBC's biggest event and Wall Street knows it investors Carl Icahn Bill Ackman Hedge Fund leaders ars and Treasury secretaries and vice presidents are among the growing guest-list today's podcast brings you behind the velvet ropes literally at New York's Pierre Hotel throughout this episode. You'll hear the steady buzz of guests arriving at the ballroom directly behind squawk set. That's where we deliver the Alpha by the way Alpha is kind of the holy grail of investing. It's achieving returns way above expectation above your benchmarks and it's why everyone's here squawk box production assistant angelique on set with our anchors every day and this morning is no exception This is Andre Syndrome. I'm here at delivering Alpha am sitting in the control room. You'll hear from her throughout the pot. Some speakers joined squawk box and our first guest just as Glenn Capture. He's the founder of St Capital which has holdings in most of the big stocks that you keep hearing about Disney Netflix slap Lubar lift lift pinterest even Amazon but as technology investor he's looking at every sector because tech has taken it all of here's his interview joining us right now to doc stocks. IPO's and tech investing is Glenn Cater is founder and CEO Light Streak capital and I guess let's just start from the perspective of how much money is is sloshing around out there right now because of the Fed's policies more easy easy monetary policy means more money is going to be there and what does that mean for the for the IPO Keo Market and markets where you play sure well. I think we're a kind of a turning point for the IPO market serving the last several years. It's been so much capital. both from private players and public players going into these late stage financing's so that by the time these companies want to go public. They don't really need anymore capital. They've stayed park private three or four more years longer than typical and there's a real movement going on in Silicon Valley ground swell of investors investors that are saying. We don't need to take further dilution. IPO But we've seen companies like spotify companies like slack slack was break-even on on almost break even in the most recent court and business going very well. They don't need outside capital. They don't need further dilution. We should point you have had holdings in Uber Lift Pinterest and in slack. Those are the ones that you've been involved then pitcher. Ston didn't capital either. What do you think about private valuations anyway shins versus public valuations and the idea that transparency in the public market has demonstrated at least to some degree. You think that the public market is a better a the better way to value things that there's actually something wrong in the private market and I think this is especially important because actually now there are public investors meeting Blackstone T. He reprised a black a black black rock to price some of the big public investors that are now in these private vehicles sure. I mean more supply of capital and drives up prices so we've seen valuations done in private companies that we hadn't seen before ten five or ten years ago so I think there's an adjustment. I I think what's happening really is that the fios are happening in the private market. That's that's where. IPO's are actually happening. They're just they're just a select group would investors that are doing them and then the public. IPO is separate and you know. I think the public markets public market investor are pretty good arbiters of valuing. You just have to hold up over time and that's GONNA come down to the fundamentals of the company. So that's what markets you know. Open outcry markets that we live in public mark investors do so you know let the markets do their do their function. Does it feel to you that there's any sort of a tipping point or any sort of a turn turn instead in terms of out willing the retail markets are to take some of these new deals. You've seen some recent listings that haven't done in well. You've also seen we work looked like it may not ever come to market. We'll see but does that feel like a turning point to you. I think those are two pretty separate things. you know we've also had general stock market where there's been some questions about whether we what's happening with this value growth rotation and that's obviously obviously not good for high growth companies. which typically is what we see? Come out of Silicon Valley Venture back competence so we work. I think what there's a company that I think there's plenty said about some of the behaviors some of the policies and frankly the business model there. I don't really consider we worked with a technology right. They were coddling some software technology to put a technology veneer on the business but there's nothing there that really gives you the pulling efficiency technology companies that real sharing economy companies like Uber and lift it still requires capital expenditures not like other tech company. It's not just capital expenditures when you and I take a lift or Uber. That's that's a that's a property or an asset. That's been used ten twenty times a day by different users when you rent a cubicle at work or three or four cubicles for your startup. There's no one else is using that those those square feet all day so there's really no cooling efficiency there. Do you have concerns about Uber and lift given some of the regulatory advances does that we've seen not only in California but here in New York City other places where it may make it tougher for there to be key for those companies to turn a profit anytime soon. They've you've gotta live by the rules that are you know that our legislators bring to the table and there will be new ones and we'll see how that works out. I mean I think it with a B five the new legislation California if if that transition occurs for some percentage of drivers it gives Buber souverain lift the opportunity to to both require their drivers to do things they weren't able to require meaning work certain hours certain locations and also restrict them. I'm from working for the competition which reduce churn of drivers which is a major cost to both those companies so I think there's two sides to some some of the opportunity we need to have a certain percentage of your employees be or certain percentage of your drivers to be employees so we'll see how that works out. I think the core attractiveness of those stocks is the benign pricing environment in the US this duopoly business that sure there's a few small competitors in various cities but ridesharing it's largely a two player business or market in the United States and we see pricing go up dramatically lift which only does business in ridesharing they don't have a food delivery business and they don't operate outside of the US and and and and Canada they. I think you're going to see their their fundamental student really really well very quickly so we've got a big position Glenmont. Thank you for your time today. It's good to see you up next on Squawk pod former White House strategist Steve Bannon. He says the trump administration is battle ready against China in this economic war. The trade is just one part of it. We have a currency part right. We have technology part we have a we have a capital markets.

New York City CNBC Alpha Steve Bannon White House Alpha Summit China California United States Beijing Glenn Captures Vernon Andrew Ross Sorkin Raj Shah
"cnbc" Discussed on The Crypto Street Podcast

The Crypto Street Podcast

04:42 min | 1 year ago

"cnbc" Discussed on The Crypto Street Podcast

"Investment advice from them than you're doing yourself with the service because it's enter taint and it's most opposite, were they're not accurate necessarily. They're all really get his ties on there with mullets. This is not like comedy central, stay pot to like, I don't know what of course, Nigerian who has a little league dead eye ponytail gift. It was tight one. Anyone. The just remember one day I switched on was what she was just own annoy staring, tweet, talk when one of them and one of them had mile at one of them how to Jeddah. I point. He was one of them was renting cowboy boots. The chain touched to drought is like. The guys that you these guys, they, she out raw, these guys, these guys, like really, I mean, because you've got like a Ron, Ron, knowing where. And heap a CNBC CNBC game, MC. I mean, slight me this guy who is stored office. He might as well TV. I mean, she's still like this. This is the ship that makes me the I from these guys because I called him out law. And then they walk me like a coup commun- each per pumps homeless. I quite like him, but he does to share and I just feel when you follow as you have a responsibility to try needs Chris out, like incense sense, insensibility young needed coming into now exceed what you say in they take his gospel, you'll shillings, I'm share. It's like coming, not doing uniting vein, not in the market, any fight, really two degree. But you know, he comes out of some bullshit line with a comes out will bullshit. And he's of like he's foot of liked. I told you so. He's right. Is that you know, he was writing. Simple. That's came out this thing and it's like, oh, you know, recently, psychologists, this is this like they raise like thirteen million lesson year regard, a run out money. And unlike companies like on telling them how to do that and they when here big unlike any at the end of like, I've, but my head in my hands or some bullshit artists. Unlike you showed that CO. Hit, you hit your involved and now you're up on Twitter pricing, shit law this. I'm doing also an Enron thing this this is this is another thing is another thing. This whole light in institutional money. It's like it's like it's like a buzz phrase right? Sheesh money star to rear its head like about Iraq, a win. We in the boom, all all Ian street, your money coming in because like we're flying now at old older there. We're going to take interest. It kind of like gets used a lot. I find it gets used a lot institution money's coming. Really the irony in aids. People say are like, Chris, our bitcoin, it's built to take us away from the Bronx and take away from addition. But then like minute requiring loses ten percent in value. It's like where the institutional side. A hundred minute. How so? The very people sick new want to basic leave. You'll now also the common safe here, this crazy like debts, that's, that's that's the bat. Again, this is like. Me, but it's the combats survive is just it's, it's this contradiction, which is the head of contradiction. Nike, not that comes from a lack of understanding of traditional financial markets on you guys because you guys got a small so you you actually take the time to actually understanding environment. But a lot of people don't probably DeVos jersey dying. Glenn messaging. Messaging about he actually, I've had a few message waters, but I ended up. Thing we've been because I was like..

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"cnbc" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

02:02 min | 2 years ago

"cnbc" Discussed on MAD MONEY W/ JIM CRAMER

"Believe that in order to see with digital you need a platform like new relic and we believe we've got by far the best platform what do i mean that by that well every digital business let's take for example cnbc this is great company and i use your app every day and i just met your team up stairs half an hour you yes and they rely on new relic to make sure every mobile interaction every web click is flawless because more and more of your contents reaching people digitally and we ensure that you deliver a great experience for all of your customers to know what you want you explain to people because one of the hallmarks is the easiest to use interface so what are they looking at and what can they tell seem dot com well digital teams these are suffered avella pers or operations they're very smart people but they're very busy and very overloaded they've got a lot of stuff to do to keep these sites up and running and so they don't have time to learn complex tools to what watch what's going on in production so we worked very hard at new relic at making our products easy not only for a couple of special to us but the entire digital team to us and that makes digital a team sport which helps them succeed with the initiative well like a team sport that you're doing is you're using you're helping sap with concur company that we used to love when it was growing it was public and you're part of obviously team because those are all online company say are concurs a great customer of ours they've been using us for quite some time as their their entire customer experiences obviously through digital it's people file their expense reports they do it on the phone how do you make sure that works flawlessly we measure everything about that customer experience from the mobile device to the application code running in the cloud to the cloud infrastructure itself all in one platform our customers are sick of putting together a bunch of tactical tools they want a strategic vendor to help them succeed with digital and they're turning to new relic for that reason great feather in your cap you talked about how ibm will resell new relic platform to its global customer base they to need.

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"cnbc" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

MAD MONEY W/ JIM CRAMER - Full Episode

02:02 min | 2 years ago

"cnbc" Discussed on MAD MONEY W/ JIM CRAMER - Full Episode

"Believe that in order to see with digital you need a platform like new relic and we believe we've got by far the best platform what do i mean that by that well every digital business let's take for example cnbc this is great company and i use your app every day and i just met your team up stairs half an hour you yes and they rely on new relic to make sure every mobile interaction every web click is flawless because more and more of your contents reaching people digitally and we ensure that you deliver a great experience for all of your customers to know what you want you explain to people because one of the hallmarks is the easiest to use interface so what are they looking at and what can they tell seem dot com well digital teams these are suffered avella pers or operations they're very smart people but they're very busy and very overloaded they've got a lot of stuff to do to keep these sites up and running and so they don't have time to learn complex tools to what watch what's going on in production so we worked very hard at new relic at making our products easy not only for a couple of special to us but the entire digital team to us and that makes digital a team sport which helps them succeed with the initiative well like a team sport that you're doing is you're using you're helping sap with concur company that we used to love when it was growing it was public and you're part of obviously team because those are all online company say are concurs a great customer of ours they've been using us for quite some time as their their entire customer experiences obviously through digital it's people file their expense reports they do it on the phone how do you make sure that works flawlessly we measure everything about that customer experience from the mobile device to the application code running in the cloud to the cloud infrastructure itself all in one platform our customers are sick of putting together a bunch of tactical tools they want a strategic vendor to help them succeed with digital and they're turning to new relic for that reason great feather in your cap you talked about how ibm will resell new relic platform to its global customer base they to need.

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"cnbc" Discussed on The Crypto Street Podcast

The Crypto Street Podcast

01:32 min | 2 years ago

"cnbc" Discussed on The Crypto Street Podcast

"It for like the banks aren't gonna touch on this stuff well i mean sentiment already been dashed so the revenge revisionist of history on one on your part of it was well you know this isn't that bad it really probably wasn't all that bad but the point that we went through a bear bog trend in broke it it's it's the bigger the bigger part of that that component than whatever news is coming out and socio with it yeah there's always going to be a narrative right if they can find on they're going to give it one and you know i think we've seen some stupid narratives coming out from cnbc over bitcoin but you know they're gonna roll with it if they come they'll find something i mean it gets the clicks and you know it's really hard to write a market piece that basically says well we moved for a combination of a bunch of reasons and you know here's why like that ends up basically dot getting clicks but if you have like you know headline you know mount gotcha trustee moves coins bitcoin price lives thirty percent oh people are going to click that like oh well let's go got so and you know the justice bility of of concepts with markets is a hard thing to to learn unless you've experienced it for years so i get why people want their narratives of okay well the market did this well why there has to be a why but they're they're actually.

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"cnbc" Discussed on WHO NewsRadio 1040 AM

WHO NewsRadio 1040 AM

01:52 min | 2 years ago

"cnbc" Discussed on WHO NewsRadio 1040 AM

"Website if you'd like to learn a little bit more or if you have any questions for eric and you'd like to send them in again that's ask eric peterson dot com today we are talking about diversification and eric so many people have this kind of fundamental definition of diversification don't put all your eggs in one basket we really think about it in one way but you're teaching us there are different levels different layers of diversification so diversifying across asset classes that's one of the basics diversification one on one what's move up what's what what's the next level when it comes to diversifying especially for pre retirees and retirees we do know that not put all your eggs one basket as you mentioned we gable example enron and the first step for step segment of the show so people when you listen to people on cnbc listen to that guy that does mad money in all this craziness there and the piano fast money all this stuff they're always talking about you know these companies that are just doing tremendous amounts of how much money they're making on by betting against it or for those kinds of things they talk about the fang everyone wants to buy into fang fang which is facebook apple netflixing google you know because why they're biz models are doing pretty well right now and it was all that's word to make the money while he does have to understand the risks that you're taking so you need to diversify even within the asset classes so if your asset model is hey i'm gonna have so much in stocks and so much in fixed income and so much cash then within the stocks you don't go all by just saying stocks go i just want stock you need versus amongst the stocks that are in there so you have large company stocks she got a mid sized companies you got small companies and then within those you even have companies that are more growth oriented copies that are more value entered value oriented company to think about that like a very large well established company that pays a lot of dividends.

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"cnbc" Discussed on WPRO 630AM

WPRO 630AM

01:46 min | 2 years ago

"cnbc" Discussed on WPRO 630AM

"He's eric i'm jerry friend of mine who is a financial analyst wrote no wonder the markets were so screwed up any basically put on a page from cnbc a screen shot that said let me just read the one here do i have it here no and and this and this cnbc story talked about the fact that the president reportedly wants to take on amazon it's unclear whether the president would do it on his own but actions in the two other branches of government could settle the issue for him when it comes to internet taxes and it gives a general story about the president's history on it and then the white house was asked you know about it and said you know well at this time no always looking for a level playing field here's the whole thing and then they they have a tweet from trump from last year amazon doing great damage to tax pain retailers towns cities and states route the us are being hurt many jobs are being lost for those who believe that brick and mortar will come back if third parties sales on amazon are taxed you live in a delusional world.

financial analyst president amazon cnbc
"cnbc" Discussed on Talk 1300 AM

Talk 1300 AM

02:07 min | 2 years ago

"cnbc" Discussed on Talk 1300 AM

"Office into him again he's well well respected a another guest that was on cnbc yesterday is a is a an investment pro named david dr ste he's a frequent guest on the show as well of cnbc there's never been a guest here on our show and he talks about gains g a r n s g standing for global growth is good and that includes china includes europe includes japan and of course the united states so the g in gains his global growth the a in gains is a very anemic dollar in that's going to add to our our markets reference sure and that's positive the i am gains is inflation that's the key but we don't believe it's runaway inflation the ending gains his is nifty of fourthquarter earnings which you're again have been above analysts expectations into that's what drives the market historically is is is corporate profits and uh the s in gains is strengthening spirits in that that means consumer confidence is good that the tax relief is going to help uh the momentum so it's a confidence driven no comment for the s so gee i n s stand for gains in the markets in the theory doris gave us the reasons yesterday on cnbc so the number is four seven six 1300 let's go to a prints out atop the j p a j p away very good morning good morning um i'm of the anxiety over the market has been uh about the deficit number one in inflation numbered pillow and more of these things are significantly uh significantly skewed by factors that are not always considered now i'll start with the deficit purse um the assumption is that the deficit has got to grow enormously but they're nuton there's no consideration for the fact that as the economy grows if we get if we start at the.

cnbc china united states david dr europe japan doris
"cnbc" Discussed on KVNT Valley News Talk

KVNT Valley News Talk

01:33 min | 2 years ago

"cnbc" Discussed on KVNT Valley News Talk

"Laskar had you listen to the most popular morning showing in the state gas the tom anderson show is as good as it gets breaking news weather traffic reports and it's not all news entertainment sports food might even get a surprise guest blood ted nugent sarah palin and culture right here on kvnt 1020 am and ninety two five the top of the valley the tom anderson show has this is all you need on your morning drive you might even laugh a little or a watch the tom handwriting shelf six to nine am right here on kbnp it's red eye radio he's eric harley i'm gary mcnamara well we may fact check the fact checkers on the fake news awards a both coming up your or just my discontent monotonous to do not get into the minutiae of things that were just knobs is sorry were just one of this move it yet just a vibe with after a apple to bring a ton of money back on it and they will be interesting to see uh not just apple but all these companies what the final tally will be yeah i remember the ceo of cocacola sitting with uh the leader of berkshire hathaway of course uh warren buffett on cnbc one morning and talking about this was a few years ago and the that the person that cnbc they were there on site some work on location for some big cocacola company meeting or something and.

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