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Booking , Expedia and Airbnb are among travel companies looking for ways to ease the booking process and help consumers more swiftly make plans. This tool will help you narrow that down pretty quickly," Priceline CEO Brett Keller told CNBC. The generative AI tools from Google will allow prospective travelers to communicate with a chatbot in a conversational way when making plans and receive personalized hotel bookings. Google Cloud is providing the tools and capabilities to help Priceline collect and scrub data that can then be used to help customers. Earlier this year, Expedia was among the first players to signal its investment in generative AI.
Persons: Brett Keller, Keller, Carrie Tharp, Tharp, Expedia, Peter Kern, Brian Chesky, you'll Organizations: Apple, CNBC, Google
3M nears potential settlement, doesn't cover all lawsuits
  + stars: | 2023-06-05 | by ( Seema Mody | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email3M nears potential settlement, doesn't cover all lawsuitsSeema Mody reports on the growing risk surrounding PFAS 'forever chemicals' and the lawsuits 3M and other manufacturers are facing.
Persons: Seema Mody
A fountain at Hermon High School in Maine is taped shut after the water tested over the state's safety limit for PFAS chemicals. The school's water recently tested above the state's safety limit for PFAS, or per- and polyfluoroalkyl substances, often referred to as "forever chemicals." According to the Environmental Protection Agency, even tiny exposure to PFAS in drinking water could pose a serious health risk. Hermon High School is just one example of PFAS contamination currently affecting the community, according to Maine's attorney general, Aaron Frey. The company also expressed a commitment to remediate PFAS contamination, invest in water treatment and collaborate with communities.
Persons: Stephen King —, Micah Grant, Grant, Aaron Frey, Frey, Farmer Adam Nordell, " Frey, Wisconsin —, they've, they're, Scott Gottlieb, Gottlieb, , du Pont, du Pont de Nemours, Corteva Agriscience, Corteva, Chemours, Deane Dray, Dray, Ben Brewer, It's, 3M's, Eric Rucker, Biden, Gianna Kinsman, Kinsman, PFAS Organizations: Hermon High School, CNBC, Hermon School, Environmental Protection Agency, CNBC Maine, DuPont, 3M, Centers for Disease Control, FDA, Manufacturers, du Pont de, Chemours, Dow, State, RBC Capital Markets, 3M Global, Bloomberg, Getty, RBC Capital, Law, Capstone, Republican, Biden Locations: Bangor , Maine, Maine, Maryland, Rhode Island, Massachusetts, Alaska , California , Colorado , Delaware, Florida , Illinois , Michigan, Minnesota , New Hampshire , New Jersey , New York, North Carolina , Ohio, Vermont, Wisconsin, Minnesota, Delaware, Stuart , Florida, Stuart, Maplewood , Minnesota
Among global recessionary fears, interest rate uncertainty and a drawn-out debt ceiling debate, safe haven strategies have been at the forefront for investors in 2023. "If I'm defining 2023, I see three big trends," John Davi, chief investment officer at Astoria Portfolio Advisors, told Seema Mody on CNBC's "ETF Edge" on Wednesday. Davi said that bond ETFs have taken in $82 billion this year, compared with $55 billion flowing into equity funds. "The international markets are much further behind the interest rate cycle and the inflation cycle. The iShares MSCI Spain ETF (EWP) is up nearly 14% this year, while the iShares MSCI Germany ETF (EWG) has gained 15%.
Persons: there's, John Davi, Seema Mody, you've, Davi, Dave Mazza, Mazza Organizations: Astoria, Finance, NASDAQ, Roundhill Investments Locations: U.S, Spain, Germany
H-1B visa holders get hit by tech layoffs
  + stars: | 2023-05-31 | 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 EmailH-1B visa holders get hit by tech layoffsSeema Mody reports on the challenges H1B workers face as more tech companies cut jobs, disproportionately impacting Indians and Chinese workers.
Persons: Seema Mody
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnjula Acharia is charting her own path and breaking barriers. She's the investor, innovator and entrepreneur conquering Silicon Valley and HollywoodSeema Mody and Patricia Martell get a master class in breaking barriers and empowerment. Anjula Acharia is an investor and entrepreneur charting her own path in Silicon Valley, Hollywood and beyond
Persons: Seema Mody, Patricia Martell Locations: Silicon Valley, Hollywood
Rosenbluth said that engagement for precious metal commodity ETFs spiked earlier in May compared with the month prior, according to VettaFi data. "The story is all about gold," Will Rhind, founder and CEO of GraniteShares, said Monday in the same segment. The ongoing banking crisis still looms, higher inflation and a declining dollar are also tail winds for the precious metal, he said. Flows into the SPDR Gold Shares have exceeded $1.14 billion the past month, according to FactSet. The iShares Gold Trust (IAU) and the SPDR Gold MiniShares Trust (GLDM) saw net inflows of $182 million and $222 million, respectfully, in the same period of time.
Persons: Todd Rosenbluth, CNBC's Seema Mody, Rosenbluth, Will Rhind, Rhind, We're, Neuberger Berman Organizations: Trust, MiniShares, Strategy
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's reopening sees an incremental rebound in consumer spending, says Kraneshares' Brendan AhernCNBC's Seema Mody joins Kraneshares' Brendan Ahern and Granite Shares' Will Rhind for a 'Halftime Report' ETF Edge to discuss China's Q2 earnings numbers, investor perspectives on China's reopening, and Chinese ETFs.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDeere fundamentals remain extraordinarily intact despite YTD drop, says Cerity's Jim LebenthalCNBC's Seema Mody and Cerity Partner' Jim Lebenthal join 'Halftime Report' to discuss Deere's Q2 earnings beat, Deere's long term margins expectations, and why Deere is trending downwards despite a positive Q2 call.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed: Deposits at large and small banks down $45B and $5B respectivelyCNBC's Seema Mody joins 'Closing Bell: Overtime' to report on the Fed's data on bank deposits.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's why Apple CEO Tim Cook is committing to further investment in IndiaCNBC's Seema Mody and Steve Kovach discuss Apple's manufacturing vision for India. Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Why India is so important to Apple
  + stars: | 2023-04-18 | by ( Kif Leswing | ) www.cnbc.com   time to read: +6 min
Cook said in February that Apple had its best sales quarter ever for iPhones in India in the quarter ending in December. Most phones sold in India are priced below even the least-expensive new Apple iPhone. India could end up being a big winner as Apple looks for non-Chinese manufacturing options. Tim Cook, Apple's Chief Executive Officer (CEO) reacts as a man shows him Apple's Macintosh outside the Apple store at Jio World Drive mall, Mumbai, India on April 18, 2023. Apple was bullish on India back then, too: "India will be the most populous country in the world in 2022," Cook told CNBC's Jim Cramer at the time, saying it had "huge market potential."
Prime Minister Narendra Modi launches slew of infrastructure projects from MMRDA Grounds, at Bandra-Kurla Complex, Bandra (East) on Jan. 19, 2023 in Mumbai, India. After opening a flagship store in Mumbai, CEO Tim Cook will travel to New Delhi to meet with Indian Prime Minister Narendra Modi on Wednesday. Apple's growth in India is widely seen as a success story by Modi and Indian officials. Flipkart and Amazon are dueling for the top spot in India's e-commerce market, and both face competition from newcomer Meesho. — CNBC's Steve Kovach contributed to this reportWATCH: Tim Cook visits India to open first Apple retail store
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFed: Deposits at domestic banks rise $45 billion versus last weekCNBC's Seema Mody joins 'Closing Bell: Overtime' to report on the deposit numbers from the Fed.
Virgin Orbit — Shares tanked more than 22% after the California-based satellite launch company filed for Chapter 11 bankruptcy protection. Virgin Orbit said it is looking to sell its assets and will lay off nearly all of its workforce. AMC's "APE" preferred shares gained 8.5% following the news. Etsy – Etsy shares gained 2.4% after Piper Sandler upgraded the e-commerce stock to overweight from neutral, saying that its marketplace strengths should help revamp active buyer growth. Gold miners — Shares of mining companies rallied as gold futures popped on Tuesday.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailJohn Deere CTO: Concerns of a recession not stopping the company from spending more on technologyCNBC's Seema Mody joins 'The Exchange' to discuss Deere's growing investment in autonomous vehicles and more.
Global stocks outperforming U.S. markets in the first quarter
  + stars: | 2023-03-31 | 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 EmailGlobal stocks outperforming U.S. markets in the first quarterCNBC's Seema Mody joins 'Squawk on the Street' to report on why global stocks are outperforming the U.S. market this quarter.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMore than 200,000 veterans sue 3M over claims of 'defective' earplugsCNBC's Seema Mody reports that more than 200,000 veterans are suing 3M over what the plaintiff's claim were defective earplugs that have caused hearing loss.
UBS in talks to acquire all or part of Credit Suisse
  + stars: | 2023-03-17 | 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 EmailUBS in talks to acquire all or part of Credit SuisseCNBC's Seema Mody reports that UBS is in talks to acquire all or part of Credit Suisse.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFirst Republic Bank plans to raise cash by selling shares privately: The New York TimesCNBC's Seema Mody joins 'Closing Bell: Overtime' to discuss a New York Times report on how First Republic Bank plans to raise cash.
Nate was identified with tinnitus and now is one of more than 200,000 claimants suing 3M over its Combat Arms earplugs. To protect his hearing, Frei wore standard issue earplugs made by 3M . Plaintiffs claim 3M earplugs were "defective" and failed to protect against hearing loss and tinnitus. 3M's Combat Arms CAEv2 earplugs CNBCEach earplug had two ends: The green end was designed to block out all sound. 3M disagreed with those claims, telling CNBC: "The data support what 3M has maintained throughout this litigation: the Combat Arms Earplugs version two were safe and effective to use.
People wait outside the Silicon Valley Bank headquarters in Santa Clara, CA, to withdraw funds after the federal government intervened upon the bank's collapse, on March 13, 2023. Two of those people said Apollo may be interested in acquiring a piece of the business at par. Private equity firms Apollo Global Management and KKR are among the parties reviewing a book of loans held by Silicon Valley Bank, people familiar with the discussions told CNBC. Previously, Bloomberg reported that several private equity firms have been conducting due diligence on the loan assets. That report, which cited several people with knowledge of the talks, said Apollo, Ares Management , Blackstone , Carlyle Group and KKR were among those reviewing a potential deal.
PE firm Apollo reviewing SVB's loan book
  + stars: | 2023-03-14 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPE firm Apollo reviewing SVB's loan bookCNBC's Seema Mody reports that PE firm Apollo is reviewing Silicon Valley Bank's loan book and is considering buying a slice of it at par.
Schwab says it has significant liquidity and $100B in cash flows
  + stars: | 2023-03-13 | 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 EmailSchwab says it has significant liquidity and $100B in cash flowsCNBC's Seema Mody joins Brian Sullivan and 'Last Call' to report on Schwab and why the brokerage house seems to have been caught up in the regional bank sell-off.
C-suite surge in positions held by women
  + stars: | 2023-03-09 | by ( Seema Mody | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailC-suite surge in positions held by womenCNBC's Seema Mody joins 'Squawk on the Street' to discuss the increasing number of women in management positions at U.S. corporations.
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