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  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago

    Gretchen Whitmer, a rising party star who flipped her state’s governor’s office in 2018 on a platform of infrastructure and health care, aimed to poke holes in Trump’s health care and economic arguments. Also during his speech, Trump targeted Democrats for supporting “Medicare for All,” what he called a “socialist takeover of our health care system.” He claimed “there are those who want to take away your health care, take away your doctor and abolish private insurance entirely.” “We will never l
    State of the Union live updates: Trump attacks Democrats over health care in campaign-style speech

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago

    US President Donald Trump delivers his State of the Union address at the US Capitol in Washington, DC, on February 4, 2020. Mandel Ngan | AFP | Getty ImagesPresident Donald Trump delivered his third State of the Union on Tuesday before a joint session of Congress. At the end of the speech, Pelosi ripped up the papers and cast them aside. Pelosi and Trump have tangled over politics and matters of temperament, with tensions rising particularly high during the impeachment process. In May, even as s
    State of the Union top moments: Trump honors Limbaugh, and Pelosi lets it rip

  • cnbc wrote a new post, (no title), on the site US Stock Info 6 years, 5 months ago

    The company said Monday that a previous guest, who didn’t have any symptoms while aboard the ship, tested positive for the coronavirus on Saturday — six days after leaving the ship. The ship was being held in Japan for 24 hours while Japanese health authorities assessed the 3,700 passengers and crew on board. “We were notified that amongst the samples that have completed testing, 10 people have tested positive for coronavirus.” The company confirmed to CNBC that one of the passengers who tested
    Princess Cruises quarantines 3,700 for two weeks on ship after 10 passengers test positive for new coronavirus

  • Makeup mogul Huda Kattan will add a highly anticipated skincare line, Wishful, to her billion-dollar beauty business, as more women are now swapping cosmetics for clean natural-looking skin. “They have conditions and they need help with it, they just want better skin,” Kattan said. The debut product is available for limited release on her main Huda Beauty site and online retailers. Back in 2017, private equity firm TSG — whose portfolio includes other indie beauty brands such as It Cosmetics and
    How beauty mogul Huda Kattan is tapping into the multibillion-dollar skincare space

  • Shares of eBay surged 8.7% on Tuesday after The Wall Street Journal reported that Intercontinental Exchange (ICE) has made a bid to acquire eBay’s marketplace business. ICE shares fell 7.4% on the news. The companies aren’t in formal talks about a possible takeover and there’s no guarantee eBay will choose to pursue any deal, the Journal reported. The deal could value eBay at roughly $30 billion, according to the publication. An eBay spokesperson declined to comment.
    EBay shares pop on report Intercontinental Exchange made takeover offer

  • Twitter will not allow users to “deceptively share synthetic or manipulated media that are likely to cause harm,” its policy now states. Twitter unveiled new rules Tuesday addressing deepfakes and other forms of synthetic and manipulated media as politicians and academics continue to raise concerns about how misinformation could affect the 2020 U.S. presidential election. But on the press call, Twitter’s VP of trust and safety Del Harvey said the manipulated media policy “is really focused on th
    Twitter unveils new rules to tackle deepfakes ahead of the 2020 election

  • The second clear reality is that there’s a bigger problem for the Democrats than just Perez’s mismanagement at the DNC. This Perez move was bad for the Democrats in more ways than just inducing a taunt from Trump. Biden’s fall may also be the result of yet another poorly coordinated effort by the Democrats: the impeachment process. The lack of results from Iowa produced a “participation trophy” like atmosphere where almost every candidate declared victory. After this Iowa mess and the impeachmen
    Op-Ed: Iowa caucus disaster proves the Democrats still don't know how to beat Trump

  • The voter then overheard some of the backers mention Buttigieg’s spouse, Chasten Buttigieg, whom he married in June 2018. “Yes,” replied Nikki van den Heever, who was wrangling votes for Buttigieg at the caucus. “He’s married to him.” Van den Heever then told her, “The whole point of it is, though, he’s a human being, right? “He does, and he says that God doesn’t choose a political party,” van den Heever said.
    Video shows Iowa caucus voter pulling support for Pete Buttigieg after learning he's married to a man

  • Democratic presidential candidate Sen. Bernie Sanders (I-VT) addresses supporters during his caucus night watch party on February 03, 2020 in Des Moines, Iowa. Iowa is the first contest in the 2020 presidential nominating process with the candidates then moving on to New Hampshire. Alex Wong | Getty ImagesThe momentum of Bernie Sanders in the Democratic presidential field sets up a potential clash of polar opposites in November, one which Wall Street might relish. That would make President Trump
    Wall Street might actually be fine with Sanders moving to the front of the Democratic pack

  • WASHINGTON — At least eight Democratic House members plan to boycott President Donald Trump’s annual State of the Union address Tuesday night to protest Trump’s presidency. They include two outspoken freshmen, Reps. Alexandria Ocasio-Cortez and Ayanna Pressley, who both attended Trump’s speech last year. All of them boycotted Trump’s State of the Union last year. The White House did not immediately respond to a request for comment on the boycotts. The State of the Union address is scheduled to b
    High-profile Dems to boycott Trump's State of the Union Address

  • Disney said in its fiscal Q1 earnings report on Tuesday that its new streaming service, Disney+, had 26.5 million paying subscribers during the quarter. CEO Bob Iger said on the company’s earnings call that, by Monday, that number had climbed to 28.6 million subscribers. The company announced in November that Disney+ had picked up 10 million subscribers within a day after it launched. The company previously forecast between 60 million and 90 million subscribers by the end of its 2024 fiscal year
    Disney reports 26.5 million Disney+ subscribers

  • Snap just released its fourth-quarter earnings, and the company missed on revenue expectations, sending shares plunging as much as 14% after the bell on Tuesday. Here’s how the numbers came in:Earnings: 3 cents per share vs. 1 cent per share forecast by Refinitiv3 cents per share vs. 1 cent per share forecast by Refinitiv Revenue: $561 million vs. $563 million forecast by Refinitiv$561 million vs. $563 million forecast by Refinitiv Global daily active users (DAUs): 218 million vs. 215 million fo
    Snap tanks on revenue shortfall

  • Steven Spielberg arrives at the premiere of ‘Ready Player One’ held at Dolby Theatre on March 26, 2018 in Hollywood, CaliforniaSome of the best-known Silicon Valley investors and top names in Hollywood are behind the nonprofit group that launched the app that broke down during the Iowa caucus Monday night. Iowa Democrats were using an app developed by Shadow, a progressive start-up managed by a three-year-old nonprofit called Acronym. That funding is going toward “advancing progressive causes th
    Top Hollywood celebrities and Silicon Valley investors are linked to the app that failed in Iowa

  • On Tuesday Disney CEO Bob Iger revealed the release dates for two upcoming Marvel shows coming to Disney+ and gave fans a firmer release window for the second season of “The Mandalorian.” During an earnings call, Iger said “The Falcon and the Winter Soldier” will arrive on the service in August, “WandaVision” will appear in December and “The Mandalorian” will return in October. Disney had a multipronged strategy ahead of its November launch of Disney+. Some of the films now available on Disney+
    Disney reveals debut months for 'Falcon and the Winter Soldier,' 'WandaVision' and 'Mandalorian' season 2

  • Best Buy on Tuesday backed CEO Corie Barry after the retailer’s board investigated the chief executive over allegations of an inappropriate romantic relationship. “The Board takes allegations of misconduct seriously regardless of who is the subject,” the board said in a statement. “When the Board received an anonymous letter regarding Corie Barry, the Audit Committee immediately retained outside legal counsel, Sidley Austin LLP, to conduct an independent review. Ms. Barry fully cooperated with t
    Best Buy board backs CEO Barry after its investigation into relationship allegations

  • Electric vehicles only way to break oil monopoly: Maniv Mobility founderTesla surged in trading as Elon Musk’s automaker kept up its blistering stock rally on Tuesday. Michael Granoff, founder of venture fund Maniv Mobility, joins CNBC’s “Closing Bell” team to discuss.
    Electric vehicles only way to break oil monopoly: Maniv Mobility founder

  • Watch CNBC’s full interview with Bob Iger on Disney’s Q4 earningsCNBC’s Julia Boorstin and Disney CEO Bob Iger join “Closing Bell” in an exclusive interview on Q4 earnings report.
    Watch CNBC's full interview with Bob Iger on Disney's Q4 earnings

  • General Motors, Merck & Co., and Peloton, among others, will report quarterly earnings on Wednesday. Automaker General Motors is expected to report earnings per share of 1 cent, well below the $1.43 earned in the fourth quarter a year prior, according to FactSet. Shares of General Motors are down more than 12% in the past six months. Analysts polled by FactSet are expecting pharmaceutical company Merck & Co. to report earnings per share of $1.15 on revenue of $11.979 billion. In the same quarter
    More earnings, key economic measure, first look at January jobs: 3 things to watch for Wednesday

  • Chipotle Mexican Grill on Tuesday reported quarterly earnings that topped analysts’ expectations as its limited-time carne asada drove customers to its restaurants. The burrito chain’s digital sales, including those from delivery, grew by 78.3% in the quarter. The restaurant chain reported same-store sales growth of 13.4%, fueled by more customers returning to its restaurants. Chipotle’s fourth-quarter sales got a boost from carne asada, which it offered as a pricier protein option for a limited
    Chipotle earnings beat Wall Street estimates as carne asada helped boost sales

  • Stocks soared for the second straight day Tuesday despite the growing coronavirus outbreak. Jeff Mills, chief investment officer at Bryn Mawr Trust, says the chances for volatility are high. And we should either have a very good idea of who the nominee is or who the front-runners are. Chetan Ahya, chief economist at Morgan Stanley, says the global economy should continue to expand once the coronavirus outbreak stabilizes. “We just got the global PMIs data yesterday.
    Stocks surge for the second day in a row — here's what to watch now

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