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Senate bill holds Big Tech liable
  + stars: | 2024-05-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSenate bill holds Big Tech liableCNBC’s Emily Wilkins joins 'Power Lunch' to discuss the senate bill that hopes to put more regulation around big tech companies.
Persons: Emily Wilkins Organizations: Big Tech
Banks help fund the vast majority of renewable energy projects through tax equity investments, which allow the banks to benefit from federal tax credits for renewable energy. Currently, renewable energy draws $18 billion to $20 billion annually through tax equity investments, according to the American Council on Renewable Energy. "Many people joke that we're on the 'solar-coaster,'" Torres said about the ups and downs of renewable energy. The higher capital requirements for renewable energy projects in Basel III puts the regulation on a collision course with the Biden administration's push for cleaner and greener energy sources. "The clean energy industry's experience with tax equity investments does not warrant such a radical change," the group's letter read.
Persons: Julian Torres, Torres, he's, Banks, Jerome Powell, Biden, Dominic Lacy, Sean Casten Organizations: D.C, Gallaudet University, Washington , D.C, Gallaudet, Federal Reserve, FDIC, American Council, Renewable Energy, Basel III, Tesla, American Bankers Association, Bank, Institute, Clean Energy State Alliance Locations: Washington ,, Basel
Read previewThe Biden administration this week pushed out a slate of rules it says are meant to boost competitiveness and put more money into workers' pockets. There are already challenges to at least one of the rules — but together they could land overtime pay for millions more workers, ban noncompetes that prevent workers from moving into jobs in similar industries, and help people get automatic refunds for delayed or canceled flights. More workers eligible for overtime payUnder the Department of Labor's new rule, many workers who make under $43,888 will be eligible for overtime pay effective July 1. A ban on noncompetes that keep workers from taking new jobsPerhaps the most sweeping action for workers came from the Federal Trade Commission, which finalized a rule to ban noncompetes in most cases. Will a ban on noncompetes, new overtime thresholds, or airline refunds affect your life?
Persons: , Biden, Lael Brainard, That's, it's, Judy Conti, Pete Buttigieg, Brainard, Aaron, Ryan, John Smith, Suzanne Clark, Jeremy Merkelson, Davis Wright Tremaine, Merkelson, Elizabeth Wilkins, Wilkins Organizations: Service, Business, National Economic Council, Department of, National Employment Law, of Transportation, Federal Trade Commission, . Upjohn Institute, Employment Research, of Commerce, Texas Association of Business, Federal Trade, Chamber of Commerce, FTC
President Biden to sign bill that would potentially ban TikTok
  + stars: | 2024-04-24 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPresident Biden to sign bill that would potentially ban TikTokCNBC's Emily Wilkins reports on the latest news from Capitol Hill.
Persons: Biden, Emily Wilkins Organizations: Capitol
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSenate has enough votes to pass $95 billion aid package, including TikTok banCNBC’s Emily Wilkins joins 'Power Lunch' to report on the Senate getting enough votes to pass the aid bill that includes a ban on TikTok.
Persons: Emily Wilkins Organizations: Senate
House passes possible TikTok ban
  + stars: | 2024-04-22 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHouse passes possible TikTok banCNBC's Emily Wilkins reports on the latest news around TikTok.
Persons: Emily Wilkins Organizations: Email Locations: TikTok
Executive Edge: GOP concerned about Chinese firms
  + stars: | 2024-04-16 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailExecutive Edge: GOP concerned about Chinese firmsCNBC's Emily Wilkins joins 'Squawk Box' to report on the group of lawmakers encouraging Nasdaq to delist Chinese companies that the Defense Department has blacklisted.
Persons: Emily Wilkins Organizations: Nasdaq, Defense Department
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. lawmakers want the DoD to delist blacklist Chinese firms on the NasdaqCNBC's Eunice Yoon and Emily Wilkins join 'Power Lunch' to report on China's retail earnings and U.S. lawmakers wanting to delist some blacklisted Chinese firms.
Persons: Eunice Yoon, Emily Wilkins Organizations: U.S, Nasdaq
Open AI Sam Altman: U.S. needs AI policy
  + stars: | 2024-04-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpen AI Sam Altman: U.S. needs AI policyCNBC's Emily Wilkins and Steve Kovach report on what happens when Silicon Valley meets Capitol Hill.
Persons: Sam Altman, Emily Wilkins, Steve Kovach Organizations: Valley, Capitol
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHouse blocks reauthorization of section of Foreign Intelligence Surveillance ActCNBC's Emily Wilkins reports on the latest news from Congress.
Persons: Emily Wilkins Organizations: Foreign Intelligence
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCongress back in session: Here's what's on the legislative agendaCNBC’s Emily Wilkins and Axios Congressional reporter Juliegrace Brufke join 'Squawk Box' to discuss what's on Congress' legislative agenda as it returns to session this week.
Persons: Here's, Emily Wilkins, Juliegrace Brufke
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. defense companies are looking at Congress for more funding for UkraineCNBC's Emily Wilkins joins 'Power Lunch' to discuss the challenges with Ukraine funding from the U.S. for defense suppliers.CN
Persons: Emily Wilkins, suppliers.CN Organizations: U.S, Ukraine Locations: Ukraine
CNN —A federal appeals court on Thursday denied ex-Donald Trump adviser Peter Navarro’s bid to avoid reporting to a federal prison next week to begin serving a four-month sentence for his contempt of Congress conviction. The unanimous decision from the DC Circuit Court of Appeals means Navarro will have to report to a federal prison in Miami by March 19. Trump promotes Navarro’s bookTrump was promoting Navarro’s book in recent days and backing his effort to avoid jail time. “Peter Navarro had strong views on Protecting our Economy against the assault from Foreign Countries all over the World. Peter Navarro is a Patriot who has been treated very badly, but he continues forward.
Persons: Donald Trump, Peter Navarro’s, Navarro, Patricia Millett, Cornelia Pillard, Robert Wilkins, Navarro hadn’t, , ” Navarro, Navarro “, , Trump, “ Peter Navarro, , Peter, Peter Navarro, ” Trump, CNN’s Kate Sullivan Organizations: CNN, DC, Capitol, Foreign, U.S, Patriot Locations: Miami
House TikTok vote expected today: Here's what to know
  + stars: | 2024-03-13 | by ( Emily Wilkins | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHouse TikTok vote expected today: Here's what to knowCNBC’s Emily Wilkins joins 'Squawk on the Street' with the latest developments on the TikTok bill vote expected later today.
Persons: Emily Wilkins
TikTok ban is gaining momentum: Here's what you need to know
  + stars: | 2024-03-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTikTok ban is gaining momentum: Here's what you need to knowCNBC's Emily Wilkins reports on the latest news around TikTok.
Persons: Emily Wilkins Locations: TikTok
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGreen energy projects at risk: Banks team up to fight proposed capital requirement rulesCNBC's Emily Wilkins reports that an odd coalition of banks, renewable energy and lawmakers are warning that new proposed capital requirement rules would prevent future clean energy projects, as a majority need critical funding from banks.
Persons: Emily Wilkins
A bipartisan panel of lawmakers unanimously approved a controversial bill on Thursday that could lead to TikTok being blocked in the U.S. if it doesn't break with Chinese parent ByteDance. The committee voted 50-0 to advance the bill to the full House or Representatives. On the app, they were greeted with a screenshot warning them that Congress was "planning a total ban of TikTok." "Today, it's about our bill and it's about intimidating members considering that bill," said Rep. Mike Gallagher, R-Wi., chair of the Select Committee on the Chinese Communist Party. WATCH: Biden campaign joins TikTok despite ban of app on government phones
Persons: TikTok, Cathy McMorris Rodgers, Mike Johnson, Joe Biden, Lawmakers, Mike Gallagher, Biden Organizations: U.S, Lawmakers, Energy, Commerce Committee, National Security, American Civil Liberties Union, Computer & Communications Industry Association, Center for Democracy & Technology, CNBC, Chinese Communist Party Locations: U.S, ByteDance, China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRetirement Planning: How to Maximize Your Financial FutureWomen face a number of daunting challenges when it comes to retirement planning, including the persistent gender pay gap, longer life expectancy, greater healthcare costs, and the hidden costs of caregiving. The result? Fifty-percent of females ages 55-66 have no retirement savings, and many of those who do feel anxious it won't be enough. We'll discuss incremental steps you can take now to maximize your money, and answer your questions on how to take control of your financial future.
I used points from credit-card bonuses to travel first class on Emirates and had a luxurious flight. AdvertisementAfter years of low-budget traveling, my fiancé and I decided to use airline points and flew in Emirates first class from the Maldives to Dubai. Without miles, this first-class flight is usually about $3,000. I used to think flying first class was reserved for the wealthyFlying in Emirates first class was a luxurious experience for me. I wouldn't spend actual money on it, but redeeming our miles for this luxurious first-class experience felt like the best use of our points.
Persons: , Lauren Poffenbarger, Dom Pérignon, we'd, Bowers, Wilkins, foodie, Hennessy Paradis, Lauren Poffenbarger I'm Organizations: Emirates, Service, Citi, American Express, Bulgari, Dubai International, BMW Locations: Maldives, Dubai, Emirates, Bulgari cologne, Lauren Poffenbarger Emirates
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMitch McConnell to step down as Republican Senate leader: Here's what you need to knowCNBC's Emily Wilkins joins 'Halftime' to report on Mitch McConnell's plan to step down as Republican Senate leader.
Persons: Mitch McConnell, Emily Wilkins, Mitch McConnell's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCongressional leaders reach government funding deal, pushing back shutdown deadlinesCNBC's Emily WIlkins joins 'Fast Money' with news on the government spending talks.
Persons: Emily WIlkins
Spanning decades and traversing the ancient Mediterranean like some deeply misbegotten Carnival Cruise, this Shakespeare play mingles comedy, tragedy and Christian allegory. There are two assassination plots, two shipwrecks, a brothel, a riddle, a tournament and some very convenient pirates. A devised theater ensemble founded by half a dozen Brown MFA graduates, Fiasco has a soft spot for Shakespeare’s less loved works. Rather than relying on the published text of “Pericles,” Fiasco has set much of the poetry to music — sometimes supplying original words — and interpolated passages from a prose version by George Wilkins, a pamphleteer and publican. Ben Steinfeld, a company member and the director, stages this revised text at Classic Stage Company using Fiasco’s poor-theater playbook — a mostly bare stage furnished with charisma, invention, spirit and song.
Persons: Pericles ”, Ben Jonson, Fiasco, , Verona, “ Pericles, ” Fiasco, George Wilkins, Wilkins, disbelieve, Shakespeare, Ben Steinfeld Organizations: Gentlemen Locations:
Senate passes $95B aid package for Ukraine, Israel and Taiwan
  + stars: | 2024-02-13 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSenate passes $95B aid package for Ukraine, Israel and TaiwanCNBC’s Emily Wilkins joins ‘Squawk Box’ with the latest news out of Washington.
Persons: Emily Wilkins Locations: Ukraine, Israel, Taiwan, Washington
WASHINGTON — The Democratic chairman of the Senate Judiciary Committee and one of its most senior Republicans escalated their demands Monday for information from Meta CEO Mark Zuckerberg about Instagram's now-shuttered "warning screens" for child sexual abuse material, according to a letter first obtained by CNBC. The letter from Durbin and Cruz follows a contentious and emotional Judiciary Committee hearing in January about social media and child sexual abuse material. There, Zuckerberg was repeatedly pushed into the spotlight by Republicans and Democrats alike. The warning screen option was removed in June of last year, but only after The Wall Street Journal reported on it and pressed the company for details about why it permitted the abusive content on the platform in the first place. At the time, Instagram refused to tell the Journal when the warning screen option was first created, or why, or by whom.
Persons: Sen, Ted Cruz, Dick Durbin, Ketanji Brown Jackson, WASHINGTON —, Mark Zuckerberg, Instagram's, Republican Sen, Zuckerberg, Durbin, Cruz, Instagram Organizations: U.S, Supreme, Capitol, WASHINGTON, Democratic, Republicans, CNBC, Republican, Democrats, Street Locations: Ted Cruz of Texas, Illinois, Texas
More than 20 Republican lawmakers in the House and Senate sent Gensler a letter last fall, calling on the SEC to withdraw the rule. Ted Cruz (R-Texas) and Bill Hagerty (R-Tenn.). The Senate bill currently lacks Democratic support, meaning it's unlikely to get much traction as long as Democrats control the Senate. If the final SEC rule is issued after the beginning of November, and not before it, then the rule could fall in the window of CRA, come January 2025. He also argued the precedent has been for the SEC to require firms to disclose potential areas of interest, not eliminate them completely.
Persons: Ted Cruz, Sen, Bill Hagerty, WASHINGTON —, Gary Gensler, Gensler, Sens, Cruz, Ritchie Torres Organizations: Republican, Republicans, U.S, Capitol, Washington , D.C, Securities and Exchange Commission, SEC, Senate, CNBC, Democratic, Act Locations: Texas, Washington ,
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