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Sep 19, 2014
09/14
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. >> allibabaalibaba's day has ar. coming up on cnbc today, we speak exclusively to ceo jack ma. >>> has sap got its head is in the clouds? it pays over $7 billion for expense firm concur. the ceo said says it's not overpay. >> it's not what you pay for assets in this industry. it's what you do with them. i never was more confident with any business case i prened in the board room than i am with concur and sap. >> scotland will remain part of the united kingdom after the pro union camp reclaims 55% of the vote. david cameron says it's time for the uk to come together and move forward. >> we have heard the voice of scotland and now the millions of voices of england must also be heard. the question of english votes for english laws, the so-called west lothian question, requires a decisive answer. just as scotland will vote separately in the scottish parliament on their issues of tax, spending and welfare, so, too, england, as well as wails and northern ireland will be able to vote on these issues. all this must take place in tandem with and in the settlement for scotland. >> the properties made vows l
. >> allibabaalibaba's day has ar. coming up on cnbc today, we speak exclusively to ceo jack ma. >>> has sap got its head is in the clouds? it pays over $7 billion for expense firm concur. the ceo said says it's not overpay. >> it's not what you pay for assets in this industry. it's what you do with them. i never was more confident with any business case i prened in the board room than i am with concur and sap. >> scotland will remain part of the united kingdom after...
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Sep 8, 2014
09/14
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. in and exclusive interview with cnbc, he says the u.s. will have momentum against the islamic state. >> we are going to shrink the territory that they control. and ultimately we are going to defeat them. >>> electrolux takes on the shares market as shares jump to $3 billion. they in a bid to double their sales in north america. >>> and the lloyds is up after it is said that london could vote yes for the first time in shocking news against the dollar. >>> and the 1,000-day program is on track striking a defying tone in the call for his government to speed up reform. >> we don't need anybody to tell us what we need to do because we know that very well. on the fis kical side and on th reform side. >>> good morning, everyone. let's have a look at the european markets on this monday morning. the ftse 100 no surprise is under pressure after that survey came out over the weekend. the ftse 100 down by almost half of 1%. the xetra dax is holds its head above water up by 0.1%. the cac 40 is lower by a third of 1%. overall, maybe still some profit taking after last week's pretty impressive gap
. in and exclusive interview with cnbc, he says the u.s. will have momentum against the islamic state. >> we are going to shrink the territory that they control. and ultimately we are going to defeat them. >>> electrolux takes on the shares market as shares jump to $3 billion. they in a bid to double their sales in north america. >>> and the lloyds is up after it is said that london could vote yes for the first time in shocking news against the dollar. >>> and...
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Sep 10, 2014
09/14
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tim cook's first big launch since becoming coo in 2007. for cnbc, i'm josh lipton. >> joining us now is george o'connor and george hedrick. george, throughout the day yesterday, it seemed analysts liked the release of iphone 6, it liked the release of the apple pay but were more disappointed with the iwatch. right. apple is very much as a follower in a pretty established market. for me, the big positive surprise was apple pay. mobile payment as a huge market are the addressable market for apple. >> apple pay, though, is not exactly ground breaking. it's still baits based on people's existing itunes account. it's nothing ground breaking. >> right. the mobile payments were established. we have a key piece of data underpinning ifc, and that has been awaiting this endorsement. we have been promising investors we will see it for the last three launches. the key thing is really the use case. it's not the size of the phone any more. it is what people do with the phone that is key. they're creating a mobile payments platform i think is an excellent idea. >> george, since tim cook has come in
tim cook's first big launch since becoming coo in 2007. for cnbc, i'm josh lipton. >> joining us now is george o'connor and george hedrick. george, throughout the day yesterday, it seemed analysts liked the release of iphone 6, it liked the release of the apple pay but were more disappointed with the iwatch. right. apple is very much as a follower in a pretty established market. for me, the big positive surprise was apple pay. mobile payment as a huge market are the addressable market...
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Sep 29, 2014
09/14
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now exercise. that's our edition of 60 minutes on cnbc. i'm bob simon. thanks for joining us. [ticking] [ticking] >> warren buffett, america's second-richest man, is a household name, his son howard not so much. and yet he's the person warren buffett wants to succeed him as chairman of berkshire hathaway, the mega holding company that buffett built. like his father, howard does not live the high life. in fact, he's a farmer who would rather dig up the ground than sit in a boardroom. are you sure he's your son? >> well, i think that's worth checking out. you'll have a big exclusive. [ticking] [bell ringing] >> for 150 years, the floor of the new york stock exchange was the center of the financial world. but today most trading in stocks is done elsewhere by robot computers that buy and sell in microseconds, faster than you can blink an eye. and the computers have done so well that some institutional traders have come to believe that the game is rigged. are humans ever involved in the trading? >> humans are not involved in the trading because humans are way too slow. [ticking] >
now exercise. that's our edition of 60 minutes on cnbc. i'm bob simon. thanks for joining us. [ticking] [ticking] >> warren buffett, america's second-richest man, is a household name, his son howard not so much. and yet he's the person warren buffett wants to succeed him as chairman of berkshire hathaway, the mega holding company that buffett built. like his father, howard does not live the high life. in fact, he's a farmer who would rather dig up the ground than sit in a boardroom. are...
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Sep 22, 2014
09/14
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well, that's our edition of 60 minutes on cnbc. i'm steve kroft. thanks for joining us. [ticking] [ticking] >> if michael mckubre is right about his experiment, it could change everything. it could end our dependence on oil, end the threat of global warming, and provide unlimited power. >> for example, the laptop would come pre-charged with all of the energy that you would ever intend to use. >> automobiles? >> same. [ticking] >> they've constructed one of the largest, most sophisticated machines ever built to try and replicate what the universe was like just a few nanoseconds after it was created. >> why do you want to do that? >> why wouldn't you want to know that? >> well, you'd want to know it, but, you know, spending $8 billion to find out, it must be important. >> we can understand how to take the light that bounces off of me and you, into that camera, and put it into mom and pop's living room. now, imagine in 10 years, 20 years, we would be able to take, instead of our photons, me and you, and put them in mom and pop's living room? >> transport people. >> you tell me. is t
well, that's our edition of 60 minutes on cnbc. i'm steve kroft. thanks for joining us. [ticking] [ticking] >> if michael mckubre is right about his experiment, it could change everything. it could end our dependence on oil, end the threat of global warming, and provide unlimited power. >> for example, the laptop would come pre-charged with all of the energy that you would ever intend to use. >> automobiles? >> same. [ticking] >> they've constructed one of the...
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Sep 30, 2014
09/14
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would want on october 1st. >> eunice, thank you very much for that. head to the cnbc website for a live blog on the latest developments, particularly as that national holiday starts tomorrow. the numbers are expected to swell. you can take part in our online poll. we're asking, does hong kong still matter to china inspect long on to cnbc and have your stay. >>> morning star is cutting its rating on pimco's total return fund b following the departure of bill gross on friday. pimco's ceo and cio will be on street signs today. you're not going to want to miss it coming up at 2:00 p.m. eastern. a lot of focus still on pimco, the treasury market after that abrupt leave from bill gross. what will that do to the markets going forward? a lot of firms are expecting outflows from the pimco fund given the departure. >> absolutely. it's been a big hit. there was a big move in the treasury department on friday. and as well as the u.s. bond market, european high yield bonds at this stage, a slight rebound from the summer sell-off held by easing tensions and un conventional policy measures. where
would want on october 1st. >> eunice, thank you very much for that. head to the cnbc website for a live blog on the latest developments, particularly as that national holiday starts tomorrow. the numbers are expected to swell. you can take part in our online poll. we're asking, does hong kong still matter to china inspect long on to cnbc and have your stay. >>> morning star is cutting its rating on pimco's total return fund b following the departure of bill gross on friday....
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Sep 22, 2014
09/14
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morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernan and andrew ross sorkin. most of the major indexes closely sharply lower. in china shares that tomorrow's manufacturing data could show more evidence of a slowdown there. you can see the market for the hang seng down by 1.4%. the shanghai was down by 1.6%. meantime in japan, the profit taking looks to be the name of the game following a seven-year high on friday. that stock market is down by .70%. a lot of red in the early european trading as well. the biggest loser seems to be retailer tesco to announce it overstated profits by over $400 million. >>> the g20 finance ministers are wrapping up meetings in australia saying they are close to adding an extra $2 trillion to the economy, but the group is warning that europe's slowdown remains a major stumbling block. and it is playing out if we take at what is happening with the u.s. equity futures. right now the dow futures are down by 28 points below fair value. the s&p futures are up by 7 points. although, andrew, this is an improvement from
morning, everybody. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernan and andrew ross sorkin. most of the major indexes closely sharply lower. in china shares that tomorrow's manufacturing data could show more evidence of a slowdown there. you can see the market for the hang seng down by 1.4%. the shanghai was down by 1.6%. meantime in japan, the profit taking looks to be the name of the game following a seven-year high on friday. that stock market is down...
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Sep 29, 2014
09/14
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cnbc. i'm bob simon. in this edition, we look at three groundbreaking approaches to education. first, we visit the seed public charter school, the nation's first urban public boarding school. later, we meet some unlikely students who are getting a liberal arts college degree behind bars. and finally, we go to the harlem children's zone under the leadership of geoffrey canada. we begin with seed, one of the most successful and innovative charter schools in the country. it was started in 1998 in southeast washington, d.c., where some of the nation's most troubled schools are located and where most students don't finish high school. but as byron pitts first reported in 2010, seed students are different. most graduate and go on to college. admission to seed is by lottery, open to any family in the district willing to take a chance. >> girl 41. >> yeah! >> this family was one of the few who won the lottery, a $35,000-per-year education paid for by private and government money. >> boy 12. >> yay! >> only 1/3 of the over 200 or so kids who applied heard their number called. with the child's
cnbc. i'm bob simon. in this edition, we look at three groundbreaking approaches to education. first, we visit the seed public charter school, the nation's first urban public boarding school. later, we meet some unlikely students who are getting a liberal arts college degree behind bars. and finally, we go to the harlem children's zone under the leadership of geoffrey canada. we begin with seed, one of the most successful and innovative charter schools in the country. it was started in 1998 in...
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Sep 22, 2014
09/14
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60 minutes on cnbc. i'm steve kroft. in this edition, we look at the multibillion dollar business of international crime. first, we report on the theft of an eye-popping fortune stolen from the iraq treasury. then we take a look at shoplifting gangs from south america. and finally we go undercover in china to expose rampant product counterfeiting. we begin in iraq with the theft that's been called one of the largest of its time, the mother of all heists. and it happened right under the noses of u.s. advisers. as iraqi investigators told us in october of 2006, more than half a billion dollars had disappeared from the defense ministry-- money that was supposed to equip the iraqi military. investigators believe the very people that the united states had entrusted with the funds had stolen them. but it seemed neither the u.s. nor its allies had much of an appetite for pursuing the matter. >> people have died. moneys have gone missing. culprits are running around the world, hiding and scurrying around. i have to ask myself why has this happened? it is not every day that you get billion do
60 minutes on cnbc. i'm steve kroft. in this edition, we look at the multibillion dollar business of international crime. first, we report on the theft of an eye-popping fortune stolen from the iraq treasury. then we take a look at shoplifting gangs from south america. and finally we go undercover in china to expose rampant product counterfeiting. we begin in iraq with the theft that's been called one of the largest of its time, the mother of all heists. and it happened right under the noses...
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Sep 11, 2014
09/14
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least two of britain's biggest banks are not taking this lightly. let's bring in cnbc's chief international correspondent michelle caruso-cabrera. what is your take on all of this? >> i think it's not surprising when we hear the royal bank of scotland of all things announce they're not going necessarily be in scotland and lloyd's bank also saying that if the scots vote for independence, they'll have to redomicile over to england because they want to make sure that they have a lender of last resort that they can bank on, quite literally, which would be the bank of england. and additionally, they want to know the regulatory tram woframs going to be. they're doing it for the shareholders, for depositors as well. so those are the two big announcements. this comes on top of also british petroleum and shell discouraging the scots for voting for independence, suggesting that there isn't as much oil in the north sea as they have been told by the yes campaign, which has been one of the big pushes by those who support independence. >> there's a lot of fearmongering out there. and maybe
least two of britain's biggest banks are not taking this lightly. let's bring in cnbc's chief international correspondent michelle caruso-cabrera. what is your take on all of this? >> i think it's not surprising when we hear the royal bank of scotland of all things announce they're not going necessarily be in scotland and lloyd's bank also saying that if the scots vote for independence, they'll have to redomicile over to england because they want to make sure that they have a lender of...
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Sep 22, 2014
09/14
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adding peaks for airline travel. hampton pearson has cnbc's business news. good morning. >> hi, tracy. we're going to start first with u.p.s. they, in fact, we're being told, are planning to open 14 temporary shipping facilities for the upcoming holiday season. now, reports say the modular structures are similar to portable school buildings. now, last year, you may recall, u.p.s. was hit by a double whammy of a late rush of online shopping and bad winter weather, which delayed the delivery of some packages until well after christmas. >>> get set to pay more to fly the friendly skies. ultra low-cost carrier spirit airlines will raise bag fees by $2 during the holiday travel season. those higher fees apply to tickets booked after august 19th for flights between december 18th and january 5th. >>> and today, cnbc is unveiling a sweeping report on how americans perceive big business and the economy. the survey covers a range of topics from taxes and ceo pay to a company's social responsibility. and you can check out the result of cnbc's corporate perception indicator or cpi right now on cn
adding peaks for airline travel. hampton pearson has cnbc's business news. good morning. >> hi, tracy. we're going to start first with u.p.s. they, in fact, we're being told, are planning to open 14 temporary shipping facilities for the upcoming holiday season. now, reports say the modular structures are similar to portable school buildings. now, last year, you may recall, u.p.s. was hit by a double whammy of a late rush of online shopping and bad winter weather, which delayed the...
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Sep 30, 2014
09/14
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the u.s. dollar index touching highest level since july 2010. this is making cnbc contributor question his market strategy. why? >> because i actually think this is good for dollar denominated asset prices. the numbers in europe came up poorly and cpi was very, very low meaning that keep pedal to the medal. it is nice to be reminded. the dollar rally and the global money continues to look for places to invest. so they end up in u.s. stock market or bonds. for the last two weeks i have been mildly negative on stocks. if we have a strong close today i think we have gone six weeks kind of in a side ways pattern and we could go higher. >> quick answer here. a strong u.s. dollar can hurt u.s. multinationals as much as it can help some companies. >> you have to balance the hurting nationals against helping the consumer. i maybe give it a more positive that injects money into the economy. >> thanks very much. sue, down to you. >> the market on track to close with kwaurthly gains in some cases but can the rally continue into q 4 given the volatility in the geopolitical risks? we want
the u.s. dollar index touching highest level since july 2010. this is making cnbc contributor question his market strategy. why? >> because i actually think this is good for dollar denominated asset prices. the numbers in europe came up poorly and cpi was very, very low meaning that keep pedal to the medal. it is nice to be reminded. the dollar rally and the global money continues to look for places to invest. so they end up in u.s. stock market or bonds. for the last two weeks i have...
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Sep 22, 2014
09/14
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to cover stocks. they sold them to meet investor demand. speaking to cnbc on friday, the founder said he was pleased with the result. hear it. >> today what we've got is not a lot of money but the trust from the people. cell, business, shareholders, i am very honored and so excited. i've been thinking about next five to ten years, how i can make sure the shareholders would be happy. these guys, people standing there, if they are successful, we'll all be happy. that's what i believe. >>> meanwhile, soft bank shares have reacted to the alibaba flotation. makiko is live with this story from tokyo. >> reporter: yes, soft bank is the top shareholder of china' ecommerce with a 34% stake in the company. and softbank purchased them for around $18 million back in 2000 which ballooned into 17 billion with the ipo. the expectations were behind th that. there are no plans to sell alibaba shares and will see 4.5 billion profit for the gains it made. with that, soft bank decided to lock in their profit and the firm suffered a wave of heavy selling in tokyo's top market today with the shares fa
to cover stocks. they sold them to meet investor demand. speaking to cnbc on friday, the founder said he was pleased with the result. hear it. >> today what we've got is not a lot of money but the trust from the people. cell, business, shareholders, i am very honored and so excited. i've been thinking about next five to ten years, how i can make sure the shareholders would be happy. these guys, people standing there, if they are successful, we'll all be happy. that's what i believe....
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Sep 24, 2014
09/14
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. >>> the uk prime minister tells cnbc exclusively he has not ruled out military action against iraq and syria warning a new coalition will be needed to destroy isis. >> it has oil, it has money, it has territory, it has weapons. there is no doubt in my mind it has undertaken and is planning further plots elsewhere. >> early germany's client index falls to the lowest level in a month and a half warning the economy will stag nate in the third quarter. >>> this year's biggest banking ipo disappoints. rbs trading lower after its u.s. spin-off citizens prices below expectationes. >>> air france rejects claims by the french government that it's going shell the expansion of its business unit, insisting the project is only suspended, this as a pilot strike continues into its second week. let's have a look at european markets. we're looking at a slightly mixed picture today. the ftse 100 is absolutely under water, off by 0.2%. the xetra dax lower. off 0.2%, as well. the ifo numbers, those were below expectations, the lowest number since april 2013. now, it's interesting to look at the session pe
. >>> the uk prime minister tells cnbc exclusively he has not ruled out military action against iraq and syria warning a new coalition will be needed to destroy isis. >> it has oil, it has money, it has territory, it has weapons. there is no doubt in my mind it has undertaken and is planning further plots elsewhere. >> early germany's client index falls to the lowest level in a month and a half warning the economy will stag nate in the third quarter. >>> this...
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Sep 30, 2014
09/14
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exclusively here on cnbc. did they convince investors to stop pulling their money out of pimco in the wake of that shocking sudden departure of bill gross last week? two money managers with skin in the game will tell us what they're doing now. that's coming up. >>> a first on cnbc interview with nfl hall of fame joe namath announcing the creation of a neuro surgery center. >>> plus we're getting the take on all that's been happening in the nfl, the controversy of ray rice and adrian peterson. you do not want to miss what he has to say. >> joe's not afraid to talk. >> absolutely. >> i'm sure he will have some thoughts and opinions about all those issues and certainly a lot of buzz as you can imagine here about that on the floor of the new york stock exchange. right now, let's talk markets. one hour to go in the month, the quarter as we said. getting to the closing bell exchange, with us today david lebowitz, chris constantinos, mark tepper, karen cavanaugh and rick sansantelli. karen, can you believe this is going to be october? and second consecutive positive quarter for the dow,
exclusively here on cnbc. did they convince investors to stop pulling their money out of pimco in the wake of that shocking sudden departure of bill gross last week? two money managers with skin in the game will tell us what they're doing now. that's coming up. >>> a first on cnbc interview with nfl hall of fame joe namath announcing the creation of a neuro surgery center. >>> plus we're getting the take on all that's been happening in the nfl, the controversy of ray rice and...
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Sep 9, 2014
09/14
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will be speaking to the ceo of abb in a first on cnbc interview. certainly don't want to miss that. i was just alluding to the slight performance in the italian market. this is because telecom italia will hold talks to buy movil eyes brazil unit. the group said it's issuing 1.1 million shares to buy the dutch group. it plans a capital increase to fund the purchase. and last but not least, shares in l'oreal slumping to the bottom of the stoxx 600 after it cuts its growth outlook for the global cosmetics market to between 3% and 3.5 %. shares down by more than 2%. let's get out to stephane who has more on this story out of paris. stephane, the ceo saying 2014 is a strange year. is that because no one is buying lipsticks any more? >> yes. not exactly, actually. the warning is related to the market cosmetics segment which is not forms as expected. the retail sector remains difficult, for instance, in the u.s. and the uk despite the recovery of these two economies. and in western europe, the market was negative in july and august because of the market prices but also because of the poor we
will be speaking to the ceo of abb in a first on cnbc interview. certainly don't want to miss that. i was just alluding to the slight performance in the italian market. this is because telecom italia will hold talks to buy movil eyes brazil unit. the group said it's issuing 1.1 million shares to buy the dutch group. it plans a capital increase to fund the purchase. and last but not least, shares in l'oreal slumping to the bottom of the stoxx 600 after it cuts its growth outlook for the global...
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Sep 26, 2014
09/14
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cnbc "squawk on the street." there the opening bell is ringing for this friday. by the way, ringing that bell over here at the big board, the birch family services helping people with autism and other development disabilities. at the nasdaq, the qatar minister of economy and commerce. and the national council on u.s. arab relations do the honor at the nasdaq. we are looking at the realtime exchange. people interested after what we are going to do with a 1.6% drop on the s&p. we are 1.9% below our all-time highs on the dow. then we've got this huge news in the world of fixed income, which we don't talk about perhaps as often as i would like to. >> we should. one of the reasons we don't, it's much more opaque. it's easy to look at stocks. people are selling these closed funds well below their asset value which theoretically has some value. there are different people trying to get in on the bill gross trade. it may not be as simplistic as that. a lot of the offerings are going to be hitting the bids. they are going to change the offering and bang out these bonds we are talking about. i
cnbc "squawk on the street." there the opening bell is ringing for this friday. by the way, ringing that bell over here at the big board, the birch family services helping people with autism and other development disabilities. at the nasdaq, the qatar minister of economy and commerce. and the national council on u.s. arab relations do the honor at the nasdaq. we are looking at the realtime exchange. people interested after what we are going to do with a 1.6% drop on the s&p. we...
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Sep 5, 2014
09/14
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news. tom costello, what have you got? >> okay, joy. cnbc, our partners in business, are reporting now that they have spoken with ken glazer, the son of larry glazer, and that the son confirms to cnbc that onboard only two passengers. larry glazer and jane glazer, that according to their son, ken, who spoke to cnbc. as we have been reporting, larry glazer is the ceo of buckingham properties, a real estate firm, development firm in the rochester area and he's also very, very active with the tbm aircraft. and we believe that he just bought this aircraft recently. as we have said, it's a 2014 model. so that confirmation now coming from the family of larry glazer, that according to son ken, who spoke to cnbc, larry and jane glazer were the only two people onboard this plane that now we believe has gone down. as long as i have you, i wanted to also make one more pointing and that is our pentagon correspondent, jim miklaszewski, reporting that norad lost the radar track of this plane as it flew toward jamaica. the f-15s not able to reconnect with the unresponsive plane because they were
news. tom costello, what have you got? >> okay, joy. cnbc, our partners in business, are reporting now that they have spoken with ken glazer, the son of larry glazer, and that the son confirms to cnbc that onboard only two passengers. larry glazer and jane glazer, that according to their son, ken, who spoke to cnbc. as we have been reporting, larry glazer is the ceo of buckingham properties, a real estate firm, development firm in the rochester area and he's also very, very active with...
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Sep 10, 2014
09/14
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catch cnbc's coverage of the president's address to e the nation tonight at 9:00 p.m. eastern. make sure you tune in. >>> elsewhere today, big headline on mortgage applications. it was in the wrong direction. let's bring in diana olick. why did we see more than a 7% drop in weekly mortgage applications when rates are so dog gone low? >> it doesn't have anything to do with the rate. a lot of people say it inched up slightly and that's why it tanked. maybe on the refi side but not the purchase applications. what you have going into fall is it's traditionally the first-time home buyer season. they are not the the market not because of the mortgage rate because of credit availability or perhaps they don't want to get into this market, they can't get into this market because their wage growth isn't big enough, they're not getting paid enough, or because they're paying so much in rent they can't save for a down payment now. you see it in the applications for government loans, fha and va which are traditionally for first-time buyers, those applications are down even lower than the whole ap
catch cnbc's coverage of the president's address to e the nation tonight at 9:00 p.m. eastern. make sure you tune in. >>> elsewhere today, big headline on mortgage applications. it was in the wrong direction. let's bring in diana olick. why did we see more than a 7% drop in weekly mortgage applications when rates are so dog gone low? >> it doesn't have anything to do with the rate. a lot of people say it inched up slightly and that's why it tanked. maybe on the refi side but not...
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Sep 24, 2014
09/14
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. will it save the company? go to cnbc and vote and tell us where you vote. hi, john. i've g >> reporter: i've got it here the passport. they are almost exactly the same size. i'll put my vote in now. no, this phone is not going to save blackberry and they're not even trying to say it will. the company is sticking its future on secure software. this sort of acts as a salesman for that. you can see there's a touch screen here. there's also this keyboard and the keyboard is touch sensitive and affects the screen. the key feature in this phone perhaps, a couple of them, one, the has the amazon app store on it so any app that you can download on the android-based kindles and fire phones also will download onto this phone so it runs blackberry 10 apps as well as android 4.4 but a blackberry key feature is called blackberry blend and allows the phone to be accessed through a p.c. or tablet, even on ios. blackberry is pushing an app that will allow you to deal with messenger, the contexts, the pictures, the calendar items on this phone. it's an interesting play. it's secure in the sense that th
. will it save the company? go to cnbc and vote and tell us where you vote. hi, john. i've g >> reporter: i've got it here the passport. they are almost exactly the same size. i'll put my vote in now. no, this phone is not going to save blackberry and they're not even trying to say it will. the company is sticking its future on secure software. this sort of acts as a salesman for that. you can see there's a touch screen here. there's also this keyboard and the keyboard is touch sensitive...
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Sep 8, 2014
09/14
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cnbc. i'm becky quick along with joe kernan and andrew ross sorkin. it's the morning after for nfl fans. a big sunday of games with several big upsets including the patriots losing to the dolphins. a couple of overtime games and on nbc last night manning sees manning. three touchdowns to beat his former team. much more on sports coming up in a bit. >>> in corporate news, general electric is selling its appliance business to electrolux. the price tag of $3.3 billion. both boards have approved the deal. electrolux will continue to use the ge brand. we'll talk to the electrolux ceo coming up first at 7:00 eastern time. andrew, good morning. >>> good morning, becky. hope you have had a great weekend. alibaba is set to kick off the ipo road show in new york today. the chinese ecommerce giant is looking to raise more than $21 billion in the u.s. public offering. the expected per share price range set between $60 and $66. this would help the company or value the company rather at up to $163 billion making it the largest ever technology debut in the united states. and joe was reading that
cnbc. i'm becky quick along with joe kernan and andrew ross sorkin. it's the morning after for nfl fans. a big sunday of games with several big upsets including the patriots losing to the dolphins. a couple of overtime games and on nbc last night manning sees manning. three touchdowns to beat his former team. much more on sports coming up in a bit. >>> in corporate news, general electric is selling its appliance business to electrolux. the price tag of $3.3 billion. both boards have...
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Sep 24, 2014
09/14
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rather own. logon to cnbc and tell us. and later on, luxury demand in china is still booming when it comes to wine. a behind it had scenes look at one bottle that went for a cool 70 grand and what it means for the luxury trade later on. want to change the world? create things that help people. design safer cars. faster computers. smarter grids and smarter phones. think up new ways to produce energy. be an engineer. solve problems the world needs solved. what are you waiting for? changing the world is part of the job description. join the scientists and engineers of exxonmobil in inspiring america's future engineers. energy lives here. today could be the day. the day we give you hope. relief. a cure. today, we believe every life deserves world-class care. as one of the top four hospitals in the nation, over 100,000 people from around the world come to cleveland clinic for care each year. and we're ready for you with a second opinion or a same-day appointment today today today and everyday. call today, for an appointment today. i have $40,ney do you have in your pocket right now? $21.
rather own. logon to cnbc and tell us. and later on, luxury demand in china is still booming when it comes to wine. a behind it had scenes look at one bottle that went for a cool 70 grand and what it means for the luxury trade later on. want to change the world? create things that help people. design safer cars. faster computers. smarter grids and smarter phones. think up new ways to produce energy. be an engineer. solve problems the world needs solved. what are you waiting for? changing the...
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Sep 26, 2014
09/14
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. >>> crypto currencies. u.s. special operations folks studying bit coin. >> cnbc has learned advocates for bit coin flew to tampa, florida. when we come back i will tell you what happened when bit coin met specialops. >>> apple going on the offensive to tackle claims the iphone 6 plus is prone to bending. there you see there has been a great deal of uproar after this video showing a guy bending an iphone 6 plus. others complaining the phones bent in their pockets, in their pockets. yesterday apple invited cnbc to the iphone test facility saying the iphone 6 is the most tested product in apple history. the company reiterated a claim that only nine customers in total have complained about bending phones. this talk does not seem to be hurting sales abroad. customers lined up in moscow when the phone went on sale. roller coaster few days for apple. shares down 1.5% this week but up 2% today. >> fascinating story. bitcoin is meeting the nation's specialops, the first official get together to track illicit money movements around the world. very interesting. >> that's right. cnbc has learned
. >>> crypto currencies. u.s. special operations folks studying bit coin. >> cnbc has learned advocates for bit coin flew to tampa, florida. when we come back i will tell you what happened when bit coin met specialops. >>> apple going on the offensive to tackle claims the iphone 6 plus is prone to bending. there you see there has been a great deal of uproar after this video showing a guy bending an iphone 6 plus. others complaining the phones bent in their pockets, in...
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Sep 17, 2014
09/14
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own brands. we found a shanghai vendor offering up cnbc stickers, bookmarks as well as magnets and they can deliver in a couple of days. i think i'm going on order some cnbc stickers from the shanghai vendor and see what happens. a couple days later, my order arrives. oh, my official cnbc stickers. not so official, as it turns out. cnbc doesn't authorize the production and sale of these types of stickers in china. we decided to call the vendor, mr. shun. shun told me he makes the stickers in his own factory. after copying the cnbc design from a special database off the internet. i asked him if he had legal authorization to use the logo. >> translator: we are not authorized. there are very few people who are authorized until they have special franchise stores. i asked if alibaba has ever told him to stop. >> no, no. if they want us to stop, they'll let us know. >> alibaba declined to comment on our case. but the firm said it's taking down counterfeit and making it easier for brands to report infringement. now that alibaba is listing in new york, the question is will the company feel
own brands. we found a shanghai vendor offering up cnbc stickers, bookmarks as well as magnets and they can deliver in a couple of days. i think i'm going on order some cnbc stickers from the shanghai vendor and see what happens. a couple days later, my order arrives. oh, my official cnbc stickers. not so official, as it turns out. cnbc doesn't authorize the production and sale of these types of stickers in china. we decided to call the vendor, mr. shun. shun told me he makes the stickers in...
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Sep 24, 2014
09/14
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worried if you just bought one of these gadgets? we'll check in with the experts at cnbc to find out. >>> and staying single. the just-released study that shows fewer young adults are tying the knot. we'll tell you what experts say is behind that trend. mmm! ring ring! ring ring! progresso! you soup people have my kids loving vegetables. well vegetables... shh! taste better in our savory broth. vegetables!? no...soup! oh! soup! loaded with vegetables. packed with taste. and now try new progresso chili. slow-simmered, homemade taste. >>> as you're waking up on this wednesday morning, 5:23, it's 55 degrees in philadelphia, as we look at center city. william penn perched atop city hall there. he will be seeing some rain moving in later this afternoon. meteorologist bill henley says it should arrive to the south jersey shoreline this afternoon and then move towards the city after that. so, if you're headed out this morning, you'll want to take the umbrella for later in the day. >>> well, there is an artisan bread line. that tops the headlines from "the philadelphia business journal." it'
worried if you just bought one of these gadgets? we'll check in with the experts at cnbc to find out. >>> and staying single. the just-released study that shows fewer young adults are tying the knot. we'll tell you what experts say is behind that trend. mmm! ring ring! ring ring! progresso! you soup people have my kids loving vegetables. well vegetables... shh! taste better in our savory broth. vegetables!? no...soup! oh! soup! loaded with vegetables. packed with taste. and now try...
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Sep 8, 2014
09/14
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ignition switches. hampton pearson is here with both stories in this morning's cnbc business news. hampton, good morning. >> hi, tracy. yeah, we're going to start with that pay raise story. u.s. companies are planning to give pay raises, averaging about 3% next year. now, that's according to a new study by the pay consultants towers watson. that's on par with a 2.9% average raise the past two years, but it's barely above the rate of inflation at 2.1%. towers watson says the top reason employees join or leave the company is base pay. the median annual salary for the nation's 106 million workers is now about $40,560. more than 2 million vehicles recalled this year. in an exclusive interview with cnbc, barra said replacement parts should be available for customers by next month. she's also talking about changing the corporate culture inside gm. the automaker was criticized for waiting too long to recall cars well after it discovered the problem. an early look at a couple business headlines. back to you. have a great day! >> thanks. hampton pearson with cnbc. see you tomorrow. >>> currently ou
ignition switches. hampton pearson is here with both stories in this morning's cnbc business news. hampton, good morning. >> hi, tracy. yeah, we're going to start with that pay raise story. u.s. companies are planning to give pay raises, averaging about 3% next year. now, that's according to a new study by the pay consultants towers watson. that's on par with a 2.9% average raise the past two years, but it's barely above the rate of inflation at 2.1%. towers watson says the top reason...
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Sep 18, 2014
09/14
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as a lock up restriction doesn't apply to certain pre-ipo shares. cnbc's eunice yoon has visited one village in china, transformed by its access to alibaba. she filed this report from beishon. >> for sure, this chinese village was called clay bread village due to its long time baking tradition. but everything changed when e-commerce giant alibaba was introduced here. now this man is an entrepreneur, generating $8 million in annual sales of camping gear. >> translator: our goal is become a number one outdoor equipment brand in the world. >> big aspirations from what's known in china as a cowbell village, towns where farmers are trading in -- for computers and mobile phones to sell goods on alibaba's consumer to consumer site. in beeshon, one-fifth of the 2300 families sell on taobao. he started by taking orders from nearby factories from a 100 square foot room which he shared with his brother. >> some people saw him and thought, how odd, these brothers work until very little every day, what are they up to. >> tt his company, bs wolf, ships 1,000 packages a day to china's increasingly
as a lock up restriction doesn't apply to certain pre-ipo shares. cnbc's eunice yoon has visited one village in china, transformed by its access to alibaba. she filed this report from beishon. >> for sure, this chinese village was called clay bread village due to its long time baking tradition. but everything changed when e-commerce giant alibaba was introduced here. now this man is an entrepreneur, generating $8 million in annual sales of camping gear. >> translator: our goal is...
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Sep 15, 2014
09/14
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. we'll check in with the experts at cnbc to find out what stores are doing now to get you shopping early. plus, how playing along with them could save you big money. ♪ ♪ turn around ♪ every now and then i get a little bit hungry ♪ ♪ and there's nothing really good around ♪ ♪ turn around ♪ every now and then i get a little bit tired ♪ ♪ of living off the taste of the air ♪ ♪ turn around, barry ♪ finally, i have a manly chocolatey snack ♪ ♪ and fiber so my wife won't give me any more flack ♪ ♪ i finally found the right snack ♪ ♪ dowlower... that's more like it! petsmart's prices on your favorite food brands just got lower! shop a wide assortment of food and save up to $8 on your favorite dog & cat food brands. at petsmart®. >>> it is 5:23 on monday morning. a live look at boathouse row on the schuylkill river. i'm going to guess that the waters of the schuylkill are chilly this morning. 53 degrees as you step outside. you'll want to grab a light jacket. and we are in for a week of below-average temperatures. meteorologist brittney shipp says we may al
. we'll check in with the experts at cnbc to find out what stores are doing now to get you shopping early. plus, how playing along with them could save you big money. ♪ ♪ turn around ♪ every now and then i get a little bit hungry ♪ ♪ and there's nothing really good around ♪ ♪ turn around ♪ every now and then i get a little bit tired ♪ ♪ of living off the taste of the air ♪ ♪ turn around, barry ♪ finally, i have a manly chocolatey snack ♪ ♪ and fiber so my wife...
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Sep 4, 2014
09/14
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big call on the state of the american housing market. first, though, to sue who's here at cnbc headquarters because the traffic was so bad in the city. >> it is really awful out there today, ty. i had to turn around and come right back. we're going to talk stocks which are marching to new record highs. growth in the u.s. services sector surging to a nine-year peak. europe announcing a big stimulus plan to revive that region. major ramifications with that move. so let's take a look at how things are faring right now. dow jones industrial average is 35% on the trading section. s & p 500 up about 4.5 points. up for the first day in three the nasdaq the best gain in more than two weeks. it is traded on the up side by better than a quarter of a percent. in terms of 10-year note the yield was baumped up to 2.45% today. let's take a look at the dollar versus the euro especially with the move earlier this morning. you can see we are moving off the lows of the trading session, right, ty? >> that is right, suit. thanks very much. so europe announcing its own sort of fed style bernanke st
big call on the state of the american housing market. first, though, to sue who's here at cnbc headquarters because the traffic was so bad in the city. >> it is really awful out there today, ty. i had to turn around and come right back. we're going to talk stocks which are marching to new record highs. growth in the u.s. services sector surging to a nine-year peak. europe announcing a big stimulus plan to revive that region. major ramifications with that move. so let's take a look at how...
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Sep 17, 2014
09/14
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? >> you're going to love the new cnbc app. go to the app store right now, download the new cnbc business and finance news app. you can see all of your favorite clips from "fast money." this is the app right now, this is on my phone and already, the top of the show, trading the fed, the paul hickey interview, that's already on here. you can actually create a play list of all the videos you want to watch from cnbc. stay your ascrolling through, see this video you watch, don't have time, put it on your play list, say i want to hear everything pete najarian has to same it wouldn't be guy adam mir, i will create my pete najarian play list and listen to pete later on in the evening. easy to use. i used it today on my ride in, able to watch live cnbc while i was driving in the car. pretty good. >> the best of all worlds, want you a stock list, call specific stock, right there for you, right on the screen at the same time, best of cnbc, best of guy adami, i mean, what more could you ask for? >> can't beat that. >> very. >> shout out to those application designers back there doing a great job. >>
? >> you're going to love the new cnbc app. go to the app store right now, download the new cnbc business and finance news app. you can see all of your favorite clips from "fast money." this is the app right now, this is on my phone and already, the top of the show, trading the fed, the paul hickey interview, that's already on here. you can actually create a play list of all the videos you want to watch from cnbc. stay your ascrolling through, see this video you watch, don't...
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Sep 15, 2014
09/14
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ken feinberg, coming up first on cnbc a live interview coming up in a half hour, carl. but again, of 445 claims submitted since august 1st, just 31 of those have been deemed eligible for some type of a payment. guys, back to you. >> important few chapter for the company and for feignberg, thanks a lot. joining us, mike is back, senior columns nist at yahoo! finance and kayla tausche and john fortt. a lot to talk about today and all week long. a record day for apple. preorders for the iphone 6 and the 6 plus have been coming in in. i think we got numbers of 4 million in the first 24 hours. the highest number of preorders on day one for apple in their history. the iphone 6 hits stores on friday. because of the amount of preorders many will not be available until as late as october. jon, some analysts have tried to compare this to past launches. this is bigger than all of them. >> by far. last time they did this structure where they did preorders and retail sales of the iphone 5 they did 2 million in the first 24 hours. this is twice as big as that. this probably means we have supply co
ken feinberg, coming up first on cnbc a live interview coming up in a half hour, carl. but again, of 445 claims submitted since august 1st, just 31 of those have been deemed eligible for some type of a payment. guys, back to you. >> important few chapter for the company and for feignberg, thanks a lot. joining us, mike is back, senior columns nist at yahoo! finance and kayla tausche and john fortt. a lot to talk about today and all week long. a record day for apple. preorders for the...
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Sep 17, 2014
09/14
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. he's a cnbc contributor. gis the top tom topic that we're going to be hearing about this week. >> thanks. the top topic is two clusters, if you want to split them off. one of them has to do with the sense of frustration that the ceos have that they just don't think they're being heard in washington. to our surprise, they're feeling a little bit better about their business advocacy groups, the business round tables, chamber of commerce and the like, maybe 80% think that they're trying hard in their advocacy, but 90% feel they aren't being heard. they have made no progress on the key issues. you had randall stephenson from at&t and he had a very optimistic discussion with you guys and "squawk box" back in the spring about the priorities. he and others there are admitting it's not going to -- >> it's not going to happen? >> no. the three priorities they had and even in a year, on immigration reform, tax reform, and trade promotion. but they're very optimistic about the economy. the 30% split were disappointed. it was like the business round table event yesterday. but pumped on sa
. he's a cnbc contributor. gis the top tom topic that we're going to be hearing about this week. >> thanks. the top topic is two clusters, if you want to split them off. one of them has to do with the sense of frustration that the ceos have that they just don't think they're being heard in washington. to our surprise, they're feeling a little bit better about their business advocacy groups, the business round tables, chamber of commerce and the like, maybe 80% think that they're trying...
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Sep 23, 2014
09/14
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" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm barack obama along with joe kernen and andrew ross sorkin. we are coming to you live from the first annual clinton global ishtive conference in new york city. let's of state all getting together to talk about issues of social change. later this morning, president obama will be addressing this meeting. coming up at 11:00 a.m. eastern time, we have an interview with the host of the conference himself, former president bill clinton. that will air live right here on cnbc. we have a new lineup, the ceo of american standard and nrg energy. former secretary of state madeline albright. black stone's president, tone know james, and we'll cap it off with dpaer white along with actor matt damon. >> so we have a lot to do today. let's talking about breaking news overnight. american fighter jets going into syria and bombing isis targets. the u.s. did warn american fighters in advance. five arab partners are involved. the pentagon confirms they went after 20 targets. fuel depots, weapons spots and traini ining
" begins right now. >>> good morning, everybody. welcome to "squawk box" here on cnbc. i'm barack obama along with joe kernen and andrew ross sorkin. we are coming to you live from the first annual clinton global ishtive conference in new york city. let's of state all getting together to talk about issues of social change. later this morning, president obama will be addressing this meeting. coming up at 11:00 a.m. eastern time, we have an interview with the host of the...
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Sep 12, 2014
09/14
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looking at the latest round of eu sanctions against russia. >> jeffrey piatt joins us here on cnbc. thank you very much for joining us, as well. the eu has announced more sanctions. the u.s. said it will follow soon. can you tell us what those sanctions will look like? >> these will focus 09 sectors of energy, finance and defense, a clear signal to russia that we are continued to carry the price we're going to do to jointly with our european partners. >> so sanctions haven't worked so far. many would say why are they going to work now? we're getting to the stage of the year are the russians have quite a grip on the energy supplies especially. we believe the sanctions, in fact, have helped to create breathing space for ukraine. they've deterred some of the more ambitious and aggressive plans that russia had in mind. we work jointly with our european partners. we want to steer russia to a diplomatic experience to this crisis. so far, we haven't seen enough from moscow to sdpaurt implementing that framework. >> so senator mccain of arizona, we know he is one of the more strident hawks
looking at the latest round of eu sanctions against russia. >> jeffrey piatt joins us here on cnbc. thank you very much for joining us, as well. the eu has announced more sanctions. the u.s. said it will follow soon. can you tell us what those sanctions will look like? >> these will focus 09 sectors of energy, finance and defense, a clear signal to russia that we are continued to carry the price we're going to do to jointly with our european partners. >> so sanctions haven't...
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Sep 1, 2014
09/14
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on cnbc. it's all very exciting here this morning. wilfred, welcome. >> thank you very much. >> tell us about yourself. >> i decided recently to take the step into television. i'm very excited about it and looking forward to the two hours. >> and you're english. >> indeed, very much so. with a name like wilfred, i would say so. you're from england. >> yes. the last five years i've been working to follow into my father's footsteps to be in television. >> it's a pleasure already and we look forward to getting to know you more. >> well, thank you very much. >>> russia's foreign minister says they will look for further sanctions following a summit over the weekend. lavrov also said in talks later today between kiev and moscow should seek an immediate cease-fire. >>> meanwhile, u.s. lawmakers urged the white house to take steps to arm the ukrainian government to stop putin's aggression against the country. democrats are robert menendez who heads the foreign relations committee saying the u.s. should work together with nato and the european union to arm kiev. this as russian president vlad
on cnbc. it's all very exciting here this morning. wilfred, welcome. >> thank you very much. >> tell us about yourself. >> i decided recently to take the step into television. i'm very excited about it and looking forward to the two hours. >> and you're english. >> indeed, very much so. with a name like wilfred, i would say so. you're from england. >> yes. the last five years i've been working to follow into my father's footsteps to be in television....
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Sep 11, 2014
09/14
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smartphone wars with at&t, sprint and mobile all rushing out new promotions. cnbc has an exclusive interview with print spr's new ceo today. >>> rbs outlines plans to relocate if scotland votes to separate from the uk. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> thank you very much for joining us here on "worldwide exchange." as we just said, the u.s. market expected to open down. that follows a strong day yesterday, led by tech. nasdaq up about 0.75% yesterday. apple up 3%. today we're expecting the markets to open down significantly, about 44 points down for the dow. about six points down for the s&p 500 and the nasdaq down about 10 or 11 points. the ftse 100 down about 14 basis points. germany was in positive territory. inflation, 0.8% for august, a year on year number. france down about 44 basis points, italy down about 0.3%. if we look at bonds, interesting moves in the u.s. treasury yield over the last couple of days. it did touch 2.53% yesterday. the day before that, we had auctions. u.s. yields have been picking
smartphone wars with at&t, sprint and mobile all rushing out new promotions. cnbc has an exclusive interview with print spr's new ceo today. >>> rbs outlines plans to relocate if scotland votes to separate from the uk. >> announcer: you're watching "worldwide exchange," bringing you business news from around the globe. >>> thank you very much for joining us here on "worldwide exchange." as we just said, the u.s. market expected to open down. that...
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Sep 30, 2014
09/14
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first here on cnbc. >> we'll discuss that decision by ebay to reverse course for something the company was articulating was not a good idea, namely splitting itself into its paypal. ebay represents more of the profits, but is not growing as quickly as the paypal business. i did have an opportunity to catch up with ceo john donahoe late yesterday. when he was fighting with carl icahn in a proxy fight earlier this year, he said a payment network needs a commerce network bike ebay. it's no wonder they are getting into payments and payment companies are getting into commerce. ebay helps accelerate paypal's growth. i asked mr. donahoe, what changed? >> we don't see that growing much in the coming years. it reached its natural limitation. paypal is the only payments network out there that's now much larger off of its home network than i. when you look forward, paypal can serve not just ebay but serve all the commerce iko systems. >> do you believe they don't belong together? >> they are coming together on the various eco systems. we want paypal to be the foundation on which they buil
first here on cnbc. >> we'll discuss that decision by ebay to reverse course for something the company was articulating was not a good idea, namely splitting itself into its paypal. ebay represents more of the profits, but is not growing as quickly as the paypal business. i did have an opportunity to catch up with ceo john donahoe late yesterday. when he was fighting with carl icahn in a proxy fight earlier this year, he said a payment network needs a commerce network bike ebay. it's no...
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Sep 2, 2014
09/14
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shares under pressure in milan after a management shake-up. the chairman tells cnbc he's always played an active role in the business. >>> and apple may have fixed the bug that may have allowed hackers to gain access to icloud accounts and leak nude photos of hollywood celebrities. >> hello and welcome back to the show. we're getting breaking news at the moment. uk construction data is out and it's the strongest in seven months. construction output in britain grew at the fastest pace in august boosting job creation and putting a strain on suppliers. we'll have a quick look at what that's done in the currency markets. a slight tick up in sterling. nothing too significant so far, though. >> construction pmi for our guests rising from 64 versus 62.4 in july. the right ers poll, quite a bit stronger. >>> i'm looking at a couple of greece flashes here, wilfred. greece is stating it expects debt relief talks to start in october after the september review. that's coming up in the ecb stress test, as well. so we're looking at those stress tests having to be done and over with before the debt r
shares under pressure in milan after a management shake-up. the chairman tells cnbc he's always played an active role in the business. >>> and apple may have fixed the bug that may have allowed hackers to gain access to icloud accounts and leak nude photos of hollywood celebrities. >> hello and welcome back to the show. we're getting breaking news at the moment. uk construction data is out and it's the strongest in seven months. construction output in britain grew at the fastest...
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Sep 3, 2014
09/14
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story in this morning's cnbc business news. good morning. >> hi, tracy. yes, let's start with home depot. they say it is working with authorities to investigate, quote, unusual activities related to customers' data. it can't confirm if it's become the latest retailer to be hit by a large-scale security breach. web security site crebbs first reported on tuesday. several banks had seen evidence home depot may be the source of stolen credit and debit cards up for sale on underground markets. the photo accounts of several celebrities, including jennifer lawrence, were hacked. apple says the attack was targeted against a celebrity's usernames and passwords. the company is recommending all customers use longer passwords and sign up for two-step verification. >> always a good practice for anyone. hampton pierson with cnbc. thanks. >> yes. >>> now your first alert weather. >> temperatures are dropping this morning. we're already running cooler than yesterday. and humidity, that's coming down, too. that's a view from center city. right now 74 degrees at 5:25. what's traffic looking like this morn
story in this morning's cnbc business news. good morning. >> hi, tracy. yes, let's start with home depot. they say it is working with authorities to investigate, quote, unusual activities related to customers' data. it can't confirm if it's become the latest retailer to be hit by a large-scale security breach. web security site crebbs first reported on tuesday. several banks had seen evidence home depot may be the source of stolen credit and debit cards up for sale on underground...
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Sep 20, 2014
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in with cnbc's tyler matheson. >> history was made on wall street this week. the dow and s&p 500 reached all time closing highs on inflation and jobs and assurances from the federal reserve that record low interest rates aren't moving up any time soon. and history of another kind. chinese e-commerce giant alibaba became the biggest initial public stock offering ever raising $22 billion from investors. we now know just how bad that home depot credit card breach was. retailer admitted the data belonging to 56 million customers is now at risk. far more than the 40 million cards hacked at target stores last year. a lot of buzz about the new apple iphone 6 and the, i phone 6 plus. it hit stores this past week after racking up a record 4 million preorders. but demand was so great that some customers won't get their phones until october, maybe even later. >>> there's a big beer battle brewing. world's number two brewer miller was rejected in a bid to acquire heineken. at the same time sab miller is the target of a takeover potentially by the world's biggest brewer, anheuser busch inbev
in with cnbc's tyler matheson. >> history was made on wall street this week. the dow and s&p 500 reached all time closing highs on inflation and jobs and assurances from the federal reserve that record low interest rates aren't moving up any time soon. and history of another kind. chinese e-commerce giant alibaba became the biggest initial public stock offering ever raising $22 billion from investors. we now know just how bad that home depot credit card breach was. retailer admitted...
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Sep 5, 2014
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you safe. jackie deangelis is here with this morning's cnbc business news. good morning. >> good morning to you and happy friday. that is exactly right. and we'll begin with apple's ceo tim cook telling "the wall street journal" that the company plans new steps to keep hackers away from users accounts. but he denied the lack of security aloud habckers allowed the post of nude photos on the web. >>>ette consider the card industry is ramp ing up security efforts as well amid a rash of data breaches. visa and mastercard are rolling out technology to replace card information like account numbers with a unique set of numbers to validate a customer's identity. it's expected to get a big boost next week because the tech knowledge will be part of the new apple iphone. of course, all eyes on that launch. guys, back to you. >>> hopefully it will help. jackie deangelis from cnbc headquarters. >> now your nbc 10 first alert weather. >> today it will be air conditioning and shade that will help as temperatures soar into the low 90s. this morning, well, you just need extra time to deal with th
you safe. jackie deangelis is here with this morning's cnbc business news. good morning. >> good morning to you and happy friday. that is exactly right. and we'll begin with apple's ceo tim cook telling "the wall street journal" that the company plans new steps to keep hackers away from users accounts. but he denied the lack of security aloud habckers allowed the post of nude photos on the web. >>>ette consider the card industry is ramp ing up security efforts as well...
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Sep 5, 2014
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information from recent court documents. >>> let's get down to business with cnbc's jackie deangeles. good morning to you, jackie. >> good morning, dara. well, investors are awaiting the big event of the day. that is the august jobs report. hiring is expected to have picked up, which is more evidence of momentum in the u.s. economy. forecast calling for 225,000 jobs to have been added, which would mark the seventh straight month of gain above 200,000. unemployment down to 6.1%. >>> meanwhile, apple ceo tim cook tells the "wall street journal" that the company plans new steps to keep hackers away from user's accounts in the wake of that celebrity photo scandal. cook says that apple will alert users when someone tries to change their password or restore i cloud data to a new device. >>> bp is planning to appeal a court ruling that found that the company was grossly negligent in the 2010 gulf oil spill. the decision could add $18 billion in fines to the $42 billion in charges that bp has taken for the accident. that's it for us here at cnbc's first in business worldwide. now back to you
information from recent court documents. >>> let's get down to business with cnbc's jackie deangeles. good morning to you, jackie. >> good morning, dara. well, investors are awaiting the big event of the day. that is the august jobs report. hiring is expected to have picked up, which is more evidence of momentum in the u.s. economy. forecast calling for 225,000 jobs to have been added, which would mark the seventh straight month of gain above 200,000. unemployment down to 6.1%....
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Sep 19, 2014
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scotland. >> cnbc hilla ibrahim is in the scottish capital with the latest on the vote. >> reporter: the vote is in, scotland rejected independence after a momentous 72 hours. they have decided to stay with the united kingdom of great britain. it felt relief if westminster. a 10% margin swept the no camp into victory. prime minister david cameron saying it was right for him to offer scotland's democratic vote and that britain needs to move on. markets may have called it yesterday, stocks are already rising, sterling up against the dollar, the yen, the euro. today, rbs led that rally. that's the scottish bank. they said that business as usual, standard life one of the first companies to say they would leave scotland in the case of a yes vote. today, they said they were proud of their scottish heritage. now, all eyes will turn from the markets again, back to the politicians to see what kind of deal they can thrash out that will mean more power has come to scotland, but don't put the backs up for their english mps. with that, back to you. >> cnbc's celia ibrahim reporting. >>> the soun
scotland. >> cnbc hilla ibrahim is in the scottish capital with the latest on the vote. >> reporter: the vote is in, scotland rejected independence after a momentous 72 hours. they have decided to stay with the united kingdom of great britain. it felt relief if westminster. a 10% margin swept the no camp into victory. prime minister david cameron saying it was right for him to offer scotland's democratic vote and that britain needs to move on. markets may have called it yesterday,...
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Sep 18, 2014
09/14
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out how big it's going to be and how it might trade tomorrow morning. you're watching cnbc first in business worldwide. firm's mob. and "minus" our expenses. perfect timing. we're offering our best-ever pricing on mobile plans for business. run the numbers on that. well, unlimited talk and text, and ten gigs of data for the five of you would be... one-seventy-five a month. good calculating kyle. good job kyle. you just made partner. our best-ever pricing on mobile share value plans for business. now with a $100 bill credit for every business line you add. i'm spending too much time hiring and not enough time in my kitchen. [ female announcer ] need to hire fast? go to ziprecruiter.com and post your job to over 30 of the web's leading job boards with a single click; then simply select the best candidates from one easy to review list. you put up one post and the next day you have all these candidates. makes my job a lot easier. [ female announcer ] over 100,000 businesses have already used zip recruiter and now you can use zip recruiter for free at a special site for tv viewers; go to
out how big it's going to be and how it might trade tomorrow morning. you're watching cnbc first in business worldwide. firm's mob. and "minus" our expenses. perfect timing. we're offering our best-ever pricing on mobile plans for business. run the numbers on that. well, unlimited talk and text, and ten gigs of data for the five of you would be... one-seventy-five a month. good calculating kyle. good job kyle. you just made partner. our best-ever pricing on mobile share value plans...
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Sep 30, 2014
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direct pr line into cnbc. that's been my experience. i've worked there a long time. they can use cnbc as a sort of mouthpiece for them. i'm not saying there's anything wrong with that. there's actually nothing wrong with that if you give the other side of the story. but what is good about the way that we cover it, there's no mouthpiece. we know it from the financial advisors are telling us those morgan financial advisors were tuning out yesterday, and i tell you they were probably tuning out cnbc too. >> liz: there were many redemptions going seven, eight, nine months back while bill gross was there. >> you know someone at morgan stanley telling me. they told me we're all looking for a reason to take all our money out of pimco especially that return fund and now bill gross gave us the push. so that's where we are. take it to the bank. don't listen to the spin on the other side. we report. you decide. >> liz: thank you. charlie, closing bell we're 29 minutes away. okay. you've got to see. they're unlike any other drones. they're made by a company making find out risk technology. w
direct pr line into cnbc. that's been my experience. i've worked there a long time. they can use cnbc as a sort of mouthpiece for them. i'm not saying there's anything wrong with that. there's actually nothing wrong with that if you give the other side of the story. but what is good about the way that we cover it, there's no mouthpiece. we know it from the financial advisors are telling us those morgan financial advisors were tuning out yesterday, and i tell you they were probably tuning out...
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Sep 19, 2014
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you. he will join us to explain. if you missed it earlier on cnbc, more of our big interview with alibaba's chief executive chairman jack ma. alibaba now the biggest ipo ever. how big is it really? almost $2280 million annual acte buyers. we will be back in two minutes. ♪ when the world moves, futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with paper money to test-drive the market. all on thinkorswim from td ameritrade. virtually all your important legal matters in just minutes. now it's quicker and easier for you to start your business, protect your family, and launch your dreams. at legalzoom.com we put the law on your side. to fill your viagra prescription online? go to viagra.com to find out about viagra home delivery. millions of men have some degree of erectile dysfunction. talk to your doctor, if viagra is right for you, you can fill your prescription at your pharmacy, or check out viagra home delivery and get started at viagra.com ask your doctor if your heart is healthy enough for sex. do not take viagra i
you. he will join us to explain. if you missed it earlier on cnbc, more of our big interview with alibaba's chief executive chairman jack ma. alibaba now the biggest ipo ever. how big is it really? almost $2280 million annual acte buyers. we will be back in two minutes. ♪ when the world moves, futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with paper money to test-drive the market. all on thinkorswim from td ameritrade....
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Sep 3, 2014
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" tonight right here on cnbc. how could i have forgotten that? >> for whom the bell tolls. august automakers reporting their sales. behind the wheel for us in chicago, phil lebeau. they look good, phil. >> absolutely. when you look at the different brands, we just heard from mercedes best august ever, 9.4%. when we show you the major brands and the major automakers, keep in mind almost every automaker reported better than ever sales in the month of august. people say, why were they better than expected? first of all, driven by low financing. in about 13% of the sales came with 0% financing. that's bringing people into the showroom and onto the lot. there is also heavy demand for trucks and suvs. in august jeep sales jumped 49% basically across the entire product line. they are seeing extremely strong demand. best august or best month of sales for a number of different models there. we did some computing. peter shaq at our desk compared sales volume now compared to 2009 when the industry was bottoming out. look at chrysler. outpacing toyota, general motors and ford, and when you go
" tonight right here on cnbc. how could i have forgotten that? >> for whom the bell tolls. august automakers reporting their sales. behind the wheel for us in chicago, phil lebeau. they look good, phil. >> absolutely. when you look at the different brands, we just heard from mercedes best august ever, 9.4%. when we show you the major brands and the major automakers, keep in mind almost every automaker reported better than ever sales in the month of august. people say, why were...
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Sep 3, 2014
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brothers in a first cnbc interview right after the break. . if i told you that a free ten-second test could mean less waiting for things like security backups and file downloads you'd take that test, right? what are you waiting for? you could literally be done with the test by now. now you could have done it twice. this is awkward. go to comcastbusiness.com/ checkyourspeed. if we can't offer faster speeds or save you money we'll give you $150. comcast business built for business. >>> still ahead on "fast money," a warning for the housing toll brothers, cutting guidance the ceo gives us a view from the front lines coming up. we got the ce o of -- that's still ahead on "fast." first, shares of toll brothers falling 5% t. luxury home builder warning on pricing guidance and quarterly profit nearly doubled. joining us first on cnbc is ceo doug yearley. always great to have you. >> thanks for having me. there are a lot of good things on numbers, eps, revenues, margins, especially. people seem to be focused on week orders. can you walk us through what you have seen from the close of the orde
brothers in a first cnbc interview right after the break. . if i told you that a free ten-second test could mean less waiting for things like security backups and file downloads you'd take that test, right? what are you waiting for? you could literally be done with the test by now. now you could have done it twice. this is awkward. go to comcastbusiness.com/ checkyourspeed. if we can't offer faster speeds or save you money we'll give you $150. comcast business built for business. >>>...
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Sep 26, 2014
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cnbc. >> teasing the show four minutes in. >>> let's turn to today's other huge story. bill gross, familiar face to viewers of the program, out at pimco. today morning star is putting every single pimco fund including flagship total return fund under review. is this a warning sign or is this standard operating procedure when the manager flees. >> we don't view this as cause for immediate panic. despite headlines pimco has never been a one-man operation. bill gross has had a huge impact on pimco as a firm. he has a huge impact on the firm's investment process over the years but it has become a team effort. so yes he is leaving. that is clearly a big deal. we are reassessing what impact that may have for the investment strategy and how it gets executed day to day. but there is a deep bench of capable talent behind him. >> you don't expect any sort of directional change? because the bond market didn't react on the news on the thinking that pimco is so big it basically is the bond market. with gross leaving the direction of the fund actually might change and there might be a direction
cnbc. >> teasing the show four minutes in. >>> let's turn to today's other huge story. bill gross, familiar face to viewers of the program, out at pimco. today morning star is putting every single pimco fund including flagship total return fund under review. is this a warning sign or is this standard operating procedure when the manager flees. >> we don't view this as cause for immediate panic. despite headlines pimco has never been a one-man operation. bill gross has had...
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Sep 3, 2014
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software is used to avoid car crashes. very useful. back to you. >> the newest ride at cnbc, congratulations. >>> for more on the overall markets and the economy, we'll bring in legendary mutual fund pioneer jack bogle, he's also number nine, and i don't know why he's not number one, but number nine on the first cnbc 25 list that outlines the 25 people who have had the greatest impact, the most profound impact on business over the last 25 years. it never gets old talking about that. jack, good to see you, welcome back. >> thank you very much, bill. hi, michelle. it's nice to be on the list. i don't know why i deserve it. i had a few simple ideas and executed them pretty well. >> you only transformed the entire mutual fund industry so people knew to put their money in an index fund rather than payi paying exorbitant funds. that's why bill wants to know why you are not number one. >> this market just keeps going despite all of the concerns we could site, whether geopolitical, the federal reserve policy, now the e wecb, everyone is ringing their hands over what the ecb says tom
software is used to avoid car crashes. very useful. back to you. >> the newest ride at cnbc, congratulations. >>> for more on the overall markets and the economy, we'll bring in legendary mutual fund pioneer jack bogle, he's also number nine, and i don't know why he's not number one, but number nine on the first cnbc 25 list that outlines the 25 people who have had the greatest impact, the most profound impact on business over the last 25 years. it never gets old talking about...