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cnbc wrote a new post, Google CEO Sundar Pichai doubled his pay last year to $200 million, on the site GoGame.com 8 years, 9 months ago
Pichai’s haul came even as his two bosses, Google co-founders Larry Page and Sergey Brin, once again drew salaries of only $1 for their roles as CEO and President, respectively, of parent company Alphabet. The shares of its parent company Alphabet, however, underperformed the broader market for tech stocks last year. Alphabet shares rose 5 percent in 2016, while the broad Nasdaq Composite Index climbed 10 percent. Diane Greene, now senior vice president for Google’s cloud operations, earned tota

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cnbc wrote a new post, Scientists think Facebook and Elon Musk are way too optimistic about mind-reading tech, on the site GoGame.com 8 years, 9 months ago
Bradley Wyble, an associate professor of psychology at Penn State University who’s studied how the brain turns visual stimuli into ideas, agrees. For example, the brain is very good at helping humans choose which visual stimuli to ignore, and which to act upon. “Think of the difference between looking for your car keys and seeing a bear running through your house,” Wyble explains. In the first case, the brain filters out a large number of visual clues until we find our keys. “People have been wo

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cnbc wrote a new post, Why investors are paying a premium for Cloudera over its top rival, on the site GoGame.com 8 years, 9 months ago
Even though Cloudera’s valuation took a hit in its IPO, investors are paying a big premium to own shares of the software developer. Cloudera jumped 21 percent in its stock market debut on Friday to $18.10, giving the company a market capitalization of $2.3 billion. While Hadoop has been a raging hot technology in recent years, the Hortonworks IPO in late 2014 soured public investors on the market. Hortonworks shares have dropped 12 percent in the past year and are trading 35 percent below the IP

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cnbc wrote a new post, Strategist Lee: Market to fall the rest of the year, but FANG stocks will outperform, on the site GoGame.com 8 years, 9 months ago
Fundstrat’s Tom Lee reiterated his call for a market pullback, but remained bullish on FANG stocks due to their “astounding” growth rates. FANG is an acronym created by CNBC’s Jim Cramer for a basket of high-growth technology stocks — Facebook, Amazon, Netflix and Alphabet (formerly known as Google). “The S&P 500 has been performing considerably above our base case so far in 2017 … The reason we have been more cautious is that these expectations are diverging from fixed income and credit markets

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cnbc wrote a new post, Full interview with billionaire Mario Gabelli on a possible pullback, Trump, stock picks, on the site GoGame.com 8 years, 9 months ago
Billionaire Mario Gabelli shared his views on the market, infrastructure and his top stock picks said in an interview Friday on CNBC’s “Power Lunch.” On the market: “The market itself to me has no margin of safety, but it’s ok,” Gabelli said. On infrastructure: “Infrastructure is important because it helps fiscal stimulation. It helps everyone,” Gabelli added. He also discusses:AmazonOilTrump and taxesHis top stock picksTo watch the broadcast interview in its entirety, you must be a CNBC PRO sub

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cnbc wrote a new post, Watch: Trump speaks at NRA lobbying arm’s annual meetings, on the site GoGame.com 8 years, 9 months ago
[The stream is slated to start at 1:30 p.m., ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump speaks Friday at the annual meetings for the National Rifle Association’s lobbying arm. Speaking before the powerful group, Trump will likely reiterate his campaign pledges to push back against gun control measures backed by his predecessor President Barack Obama. Trump’s remarks also come after Congress approved a short-term spending bill to avert a gov

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cnbc wrote a new post, Wait for calorie count on burgers, pizza may get longer, on the site GoGame.com 8 years, 9 months ago
Consumers hoping to consistently find out how many calories are in that burger and fries may have to wait—again. But they could be pushed back again if grocery stores, convenience stores and pizza delivery chains get their way. The American Pizza Community, an advocacy group for pizza companies, is also pushing for a revision. The National Restaurant Association also came out against a delay Thursday, saying a patchwork of state laws would be “even more burdensome.” Many restaurants have already

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cnbc wrote a new post, Starbucks CEO: ‘We have turned the corner’ on bottle-necking issues, on the site GoGame.com 8 years, 9 months ago
For the second quarter in a row, Starbucks’ same-store sales failed to meet Wall Street expectations, but company execs say the worst could be over. Despite the weaker-than-expected same-store sales growth, CEO Kevin Johnson, who took the helm on April 3, remained optimistic about the rest of the year. The company reported Thursday that global same-store sales rose 3 percent, however, forecasts called for same-store sales to be up 3.7 percent. In the first quarter, Starbucks also reported weaker

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cnbc wrote a new post, Forget liquidity, ‘capacity’ is real ETF concern, on the site GoGame.com 8 years, 9 months ago
Capacity is currently much more of a concern for ETF issuers and portfolio managers than the much-talked-about myth of ETF liquidity. This month, ETF.com’s Sumit Roy reported on how the VanEck Vectors Junior Gold Miners ETF (GDXJ) had become too big for its index, the MVIS Global Junior Gold Miners Index. The $4.8 billion ETF owns giant positions in its underlying holdings, putting it at risk of violating certain Canadian and U.S. regulatory thresholds for corporate ownership. What VanEck is doi

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cnbc wrote a new post, The top 10 cities where you can live like a king on a $60,000 salary, on the site GoGame.com 8 years, 9 months ago
You don’t necessarily need to make more money to improve your quality of life. It can also come down to where you choose to live. The best places are likely the ones where you can find a job, earn a good salary and buy a nice home. In a 2016 report, job-hunting site Glassdoor calculated the top spots where an average paycheck goes the furthest, based on salaries and home values. To do so, the jobs site came up with a cost-of-living ratio — a city’s median base salary divided by its median home v

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cnbc wrote a new post, Big oil earnings are at the crossroads, on the site GoGame.com 8 years, 9 months ago
This was supposed to be the “Year of the Turnaround” for big oil, but it’s not turning out like that. It’s a huge help to consumers, and a headache for big oil. Oil stocks don’t just lose on a fundamental level, they lose as a relative value play. With this in hand, analysts handily modeled a turnaround in oil company profits, particularly big oil. Here’s the irony: big oil is seeing reduced production, but the shale producers are seeing increased production.

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cnbc wrote a new post, HHS secretary: How the GOP’s health-care solution aims to keep Americans from falling through the cracks, on the site GoGame.com 8 years, 9 months ago
When Price was a congressman from Georgia, he was a champion of the GOP opposition to President Barack Obama’s 2010 Affordable Care Act. “In the individual and small group market — that was targeted by much of the ACA — it’s not working,” Price told CNBC. “You’ve got a third of the counties in this nation where there’s only one issuer providing health coverage. He aimed to reassure Americans, talking about “a seamless system between Medicaid, between the employer market, between the individual-s

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cnbc wrote a new post, No Obamacare repeal likely before Donald Trump’s 100th day, on the site GoGame.com 8 years, 9 months ago
President Donald Trump looks likely to pass his 100th day in office without successfully repealing Obamacare, but lawmakers appeared to have avoided a government shutdown for at least another week. This came after Democrats threatened to oppose even a one-week extension to keep the government’s lights on if GOP lawmakers tried to push through the bill Friday or Saturday, which is Trump’s 100th day. McCarthy explained there would be no vote because leaders were still talking with members about th

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cnbc wrote a new post, I got a $2 million bonus and I was never more miserable—commentary, on the site GoGame.com 8 years, 9 months ago
My struggles with alcoholism and cocaine addiction are well documented, but happiness was just another substance I wanted to abuse. Here’s what I learned: Back then, happiness meant honor, integrity and how you lived your life. You can plug in anything for X – job, relationship, a million dollars. I try to never make happiness my goal because I firmly believe that happiness is a choice. Duff chronicled the spectacular rise and fall of his career on Wall Street in the book, “The Buy Side.”

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cnbc wrote a new post, Paying 15% would mark a tax hike for these industries, on the site GoGame.com 8 years, 9 months ago
If Congress follows President Donald Trump’s lead on corporate tax reform, American companies will see their tax rate slashed from the top 35 percent rate. The data came from S&P Capital IQ and is based on SEC filings. Of the overall sample group, 250 companies paid less than the 15 percent tax rate that Trump proposes; 178 paid less than 10 percent and 43 companies paid less than 1 percent. Only the S&P telecommunications services sector actually pays more than the top rate of 35 percent, accor

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cnbc wrote a new post, Foreign countries are sapping US productivity, study shows, on the site GoGame.com 8 years, 9 months ago
Where did America’s productivity growth go? American companies have become adept at stashing their earnings in foreign countries. That lost economic output has cut almost 0.1 percent each year from productivity growth rates — a small but not insignificant change for rates averaging less than 2 percent a year. The study is another piece of evidence to help explain one of the biggest economic mysteries of our time: Why do official figures show slowing productivity growth when innovation by U.S. fi

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cnbc wrote a new post, The rally’s days are numbered, and a day of ‘reckoning’ is coming: Rosenberg, on the site GoGame.com 8 years, 9 months ago
The stock market is at a critical juncture, and it may be time reduce risk, according to Gluskin Sheff chief economist and strategist David Rosenberg. “[The bond market] is really pricing in a completely different nominal GDP growth world.” The facts on the ground are this: Year-over-year growth on a nominal GDP cycle already peaked at 4.9 percent. We have never before in the post-World War II period ever have seen year over year nominal GDP growth peak below 5 percent. “[We’re] nine years into

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cnbc wrote a new post, GOP-backed measure would let coal companies transfer cost of sick miners to US taxpayers, on the site GoGame.com 8 years, 9 months ago
Profitable coal companies may get a bailout in the government spending bill that lawmakers are trying to pass next week, and it could place Congress at the brink of a shutdown. The measure, pushed by Rep. Tim Murphy (R-Pa.), could jeopardize efforts to finalize a separate provision that would permanently fund health benefits for retired United Mine Workers. Those benefits, which pertain only to mine workers who worked for now-bankrupt companies, are set to expire in a matter of days. Manchin sai

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cnbc wrote a new post, ‘Returnships’ help stay-at-home moms get back to work, on the site GoGame.com 8 years, 9 months ago
When former stay-at-home mom Lori Hill decided to return to work after 22 years, she knew it would be a challenge. On job interviews, most of the hiring managers she found herself sitting across from were men half her age. “I would walk into some interviews and I would get the impression [of], ‘Oh, what’s my mom doing here?'” “The interviewers didn’t know what to do with me,” Hill told NBC News BETTER. “If I wasn’t looking for a full-time job I wouldn’t be putting myself through all that pain of

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cnbc wrote a new post, America’s other drug problem, on the site GoGame.com 8 years, 9 months ago
In the center, folding tables hold hundreds of bingo cards, sorted alphabetically by generic drug name, from the blood pressure drug acebutolol to the antipsychotic ziprasidone. Destroying the unused drugs is always going to have environmental implications, said Carrie Meek Gallagher, region 1 director for the department. The Drug Enforcement Administration wants to ensure controlled substances, like narcotic painkillers, aren’t diverted to the illegal drug market. In Tennessee, the law requires

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