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☆ Watch CNBC’s full interview with Wharton's Jeremy Siegel, NB Private’s Shannon Saccocia and Edward Jones’ Mona Mahajan
▼ + stars: | 2024-10-25 | 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 EmailWatch CNBC’s full interview with Wharton's Jeremy Siegel, NB Private’s Shannon Saccocia and Edward Jones’ Mona MahajanWharton's Jeremy Siegel, NB Private’s Shannon Saccocia and Edward Jones’ Mona Mahajan, join 'Closing Bell' to discuss markets, the Fed's next moves and the economic outlook.

Persons: Wharton's Jeremy Siegel, Shannon Saccocia, Edward Jones ’ Mona Mahajan, Jeremy Siegel

☆ Cramer’s Stop Trading: Lam Research
▼ + stars: | 2024-10-25 | 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 EmailCramer’s Stop Trading: Lam ResearchCNBC’s Jim Cramer explains why he is keeping an eye on shares of Lam Research.

Persons: Jim Cramer Organizations: Lam, Lam Research

— 42% of national registered voters pick Harris, while 40% choose Trump. Comparing Trump’s and Harris’ popularityIn addition, the CNBC poll shows Trump slightly more popular than Harris nationally, with Trump’s rating at 42% positive, 48% negative (-6 net rating), while Harris' stood at 39% positive, 49% negative (-10). But their ratings are almost identical in the battleground states — 44% positive, 49% negative for Trump (-5), compared with Harris’ 43% positive, 48% negative rating (-5). That 4-point edge for Republicans is identical in the combined battleground states, 48% for Republicans to 44% for Democrats. CNBC’s poll was conducted Oct. 15-19 of 1,000 registered voters, which has a margin of error of plus or minus 3.1 percentage points.

Persons: CNBC’s, Republican Donald Trump, Democrat Kamala Harris, Harris, ” Trump, Trump, Jay Campbell, Campbell, Micah Roberts Organizations: Republican, Democrat, Trump, America Economic Survey, NBC News, CNBC, Democratic, Hart Research Associates, Republicans Locations: Arizona, Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Arizona , Georgia

☆ Boeing machinists reject new labor contract, extending strike
▼ + stars: | 2024-10-24 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +3 min

Boeing machinists voted against a new labor deal that included 35% wage increases over four years, their union said Wednesday, extending a more than five-week strike that has halted most of the company’s aircraft production, which is centered in the Seattle area. The strike is costing the company about $1 billion a month, according to S&P Global Ratings. The International Association of Machinists and Aerospace Workers union had originally sought wage increases of 40%. The strike began as Boeing was working to ramp up production of the 737 and other aircraft. Spirit AeroSystems last week said it would temporarily furlough about 700 workers and that layoffs or other furloughs are possible if Boeing machinists’ strike continues.

Persons: Boeing machinists, Kelly Ortberg, machinists, ” Ortberg, CNBC’s “, Ortberg’s, “, ”, Jon Holden, AeroSystems Organizations: Boeing, Puget, International Association of Machinists, Aerospace Workers, Workers, IAM Locations: Seattle, Oregon, Pacific Northwest, South Carolina

☆ First lawsuit filed against McDonald’s over its E. coli outbreak
▼ + stars: | 2024-10-24 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +4 min

New York CNN —A Colorado man has filed the first lawsuit against McDonald’s relating to its E. coli outbreak linked to Quarter Pounders that, so far, has led to at least 49 illnesses across 10 states, including one death. The lawsuit was filed one day after the US Centers for Disease Control and Prevention issued a food safety alert warning that dozens of people reported eating the Quarter Pounder sandwich at McDonald’s before becoming sick. The lawsuit, a copy of which was posted online by Bloomberg Law, accuses McDonald’s of product liability, negligence and breach of implied warranties. “The McDonald’s E. coli Outbreak will be one of the most significant food poisoning outbreaks this year,” Simon said in a press release. Diced onions and other types of beef patties used at McDonald’s have not been implicated in this outbreak, the FDA said.

Persons: Eric Stelly, Ron Simon, didn’t, Joe Erlinger, ” McDonald’s, Simon, ” Simon, McDonald’s, Taylor Organizations: New, New York CNN, US Centers for Disease Control, Bloomberg Law, Food and Drug Administration, USA, CDC, FDA, Taylor Farms Locations: New York, Greeley , Colorado, Cook County , Illinois, Chicago, McDonald’s, Colorado , Kansas , Utah, Wyoming, Idaho , Iowa , Missouri, Montana , Nebraska , Nevada , New Mexico, Oklahoma, Taylor Farms Colorado

☆ BMO U.S. CEO on credit quality, macro outlook and growth strategy
▼ + stars: | 2024-10-24 | 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 EmailBMO U.S. CEO on credit quality, macro outlook and growth strategyCNBC’s Leslie Picker with Darrell Hackett, BMO U.S. CEO, joins 'Closing Bell' to discuss the banking sector, credit quality and the macro outlook for the sector.

Persons: Leslie Picker, Darrell Hackett Organizations: BMO U.S

☆ Watch CNBC’s full interview with Virtus’ Joe Terranova, BoA’s Marci McGregor and Capital Area Planning’s Malcolm Ethridge
▼ + stars: | 2024-10-24 | 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 EmailWatch CNBC’s full interview with Virtus’ Joe Terranova, BoA’s Marci McGregor and Capital Area Planning’s Malcolm EthridgeVirtus’ Joe Terranova, BoA’s Marci McGregor and Capital Area Planning’s Malcolm Ethridge, join 'Closing Bell' to discuss their year-end playbooks and how to navigate earnings week.

Persons: Virtus ’ Joe Terranova, BoA’s Marci McGregor, Malcolm Ethridge Virtus, Joe Terranova, Malcolm Ethridge Organizations: Virtus ’, Capital

☆ Watch CNBC’s full interview with ServiceNow CEO Bill McDermott
▼ + stars: | 2024-10-24 | 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 EmailWatch CNBC’s full interview with ServiceNow CEO Bill McDermottBill McDermott, ServiceNow CEO, joins CNBC's 'Squawk on the Street' to discuss his company's latest earnings beat, how generative AI will improve the consumer experience, and more.

Persons: Bill McDermott Bill McDermott

☆ NBA Commissioner Adam Silver on AI, TNT and referees
▼ + stars: | 2024-10-24 | 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 EmailNBA Commissioner Adam Silver on AI, TNT and refereesCNBC’s Alex Sherman with NBA’s Adam Silver, join 'Power Lunch' to discuss the league’s breakup with media rights partner TNT, what key changes could come to the court in the years ahead and how best to grow the WNBA’s revenue.

Persons: Adam Silver, CNBC’s Alex Sherman, NBA’s Adam Silver Organizations: TNT

☆ Watch CNBC’s full interview with Southwest Airlines CEO Bob Jordan
▼ + stars: | 2024-10-24 | 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 EmailWatch CNBC’s full interview with Southwest Airlines CEO Bob JordanSouthwest Airlines CEO Bob Jordan joins 'Squawk on the Street' to discuss Southwest's deal with Elliott Investment Management, the company's third-quarter results, and more.

Persons: Bob Jordan Organizations: Southwest Airlines, Bob Jordan Southwest, Elliott Investment Management

☆ American Airlines CEO Robert Isom on Q3 results: Our team performed incredibly well
▼ + stars: | 2024-10-24 | 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 EmailAmerican Airlines CEO Robert Isom on Q3 results: Our team performed incredibly wellCNBC’s Phil LeBeau and American Airlines CEO Robert Isom join 'Squawk Box' to discuss the company's quarterly earnings results, demand outlook, corporate bookings, impact of Boeing machinists strike, and more.

Persons: Robert Isom, Phil LeBeau Organizations: American, American Airlines, Boeing

☆ Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments
▼ + stars: | 2024-10-23 | by ( John Melloy | ) www.nbcnews.com time to read: +2 min

Warren Buffett is worried about a rise in impersonators looking to capitalize on his name by purporting to be him recommending an investment product or political candidate on social media. So much so that Berkshire Hathaway made the rare move of adding a statement on the matter to the front page of its website. The statement reads:“In light of the increased usage of social media, there have been numerous fraudulent claims regarding Mr. Buffett’s endorsement of investment products as well as his endorsement and support of political candidates. But Buffett wants to make sure everyone knows he would never do something like that. His actions were triggered in part by a fake political endorsement on Meta’s Instagram that was brought to his attention.

Persons: Warren Buffett, Berkshire Hathaway, Buffett, Becky Quick, “ I’m, ”, Kamala Harris, Donald Trump that’s, Elon Musk, Bill Ackman, Mark Cuban, Bill Gates, Harris, There’s, shuns bitcoin, Meta’s, Lacy O’Toole Organizations: Berkshire, The New York Times, CNBC Locations: Berkshire, Silicon Valley

☆ McDonald’s E. coli outbreak investigation: What we know
▼ + stars: | 2024-10-23 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +9 min

CNN —An E. coli outbreak linked to McDonald’s Quarter Pounders has led to at least 49 illnesses across 10 states, including one death. Diced onions and other types of beef patties used at McDonald’s have not been implicated in this outbreak, the FDA said. E. coli infections can be seriousEscherichia coli, or E. coli, is a common bacteria, but certain types can make you sick. People with E. coli infections may have symptoms including severe stomach cramps, diarrhea, fever and vomiting. A few illnesses, including E. coli infections, are well above federal targets for reducing foodborne illness.

Persons: Sysco, Taylor, “, Burger, Joe Erlinger, Erlinger, ” McDonald’s, Dr, Sanjay Gupta, Listeria, Boar’s, BrucePac, Nadia Kounang, Carma Hassan, Brenda Goodman, Meg Tirrell Organizations: CNN, US Centers for Disease Control, Food and Drug Administration, CDC, FDA, Taylor Farms, Foods, Taco Bell, KFC, Brands, Burger King, Taylor, McDonald’s, USA, CNN Health Locations: – Colorado , Kansas , Utah, Wyoming, Idaho , Iowa , Missouri, Montana , Nebraska , Nevada , New Mexico, Oklahoma, Taylor Farms Colorado, Burger, ’ Colorado, Colorado and Nebraska, Iowa , Kansas , Missouri, Montana , Oregon , Utah , Wisconsin, McDonald’s

☆ McDonald’s president says its food is safe to eat after E. coli outbreak
▼ + stars: | 2024-10-23 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

New York CNN —A day after an E. coli outbreak tied to Quarter Pounders in the western part of the United States left one dead and 10 hospitalized, McDonald’s entered full damage-control mode. “We are very confident that you can go to McDonald’s and enjoy our classics,” McDonald’s USA President Joe Erlinger said on NBC’s “Today” Wednesday. Most of the illnesses are in Colorado and Nebraska, and most of the people who fell ill ate Quarter Pounders at McDonald’s. “If there has been contaminated product within our supply chain, it’s very likely worked itself through that supply chain already.”McDonald’s (MCD) stock fell more than 5% at Wednesday — its worst day since the March 2020 Covid lockdown. Chipotle’s outbreak is the worst-case scenario for any restaurant chain, and McDonald’s E. coli situation appears to be limited, at least for now, to a supply issue.

Persons: McDonald’s, Joe Erlinger, “, ” Erlinger, ”, Chipotle’s, Chipotle, Brian Niccol, Niccol, we’ll, Morgan Spurlock’s Organizations: New, New York CNN, ”, Centers for Disease Control, US Food and Drug Administration, Starbucks, CDC, American Museum of Tort Locations: New York, United States, McDonald’s, Colorado and Nebraska

☆ New Boeing CEO to give clues about company's future, while striking workers vote on new contract
▼ + stars: | 2024-10-22 | by ( Leslie Josephs | ) www.nbcnews.com time to read: +7 min

Now, new CEO Kelly Ortberg has the chance to share his vision for the troubled manufacturer, from a potential strike-ending labor agreement to a slimmed-down future. When he takes the mic for his first earnings call as Boeing’s CEO on Wednesday, more than 32,000 striking machinists will start voting on a new, sweetened contract proposal. “I think it’s going to be a tight vote,” Jon Holden, president of the International Association of Machinists and Aerospace Workers District 751, told CNBC on Tuesday. Narrowing businessesOrtberg, a longtime aerospace veteran who previously ran Rockwell Collins, took the reins at Boeing in early August. Mending ties with workers, stabilizing supply chainThe results of the union vote will come out hours after the earnings call.

Persons: Kelly Ortberg, “, ” Jon Holden, RTX, Neil Mitchill, Collins, Rockwell Collins, Robert " Kelly, Ortberg, ”, Ken Herbert, Julie Su, Holden, ” Holden, Joe Biden, Biden, —, Phil LeBeau Organizations: Boeing, International Association of Machinists, Aerospace Workers, CNBC, GE Aerospace, AFP, Getty, Air Force One, Workers, Puget, Labor, Spirit, Aerospace Industries Association Locations: underperformance, Seattle, South Carolina

☆ Trump’s growing threats to strip broadcast licenses send chills across industry
▼ + stars: | 2024-10-22 | by ( Brian Stelter | ) edition.cnn.com time to read: +7 min

But Donald Trump’s threats are not ordinary, either. He has imprecisely but repeatedly invoked the government’s licensing of broadcast TV airwaves and has said on at least 15 occasions that certain licenses should be revoked. Trump’s threats against CBS have been particularly intense in recent weeks. The threat from any politician to revoke a broadcast license simply because they disagree with the station’s content undermines this basic freedom.”Many of Trump’s threats conflate national networks and local stations. As president, Trump also said that TV licenses “must be challenged and, if appropriate, revoked,” but nothing came of it.

Persons: Donald, Trump, Fox, “, Kamala Harris, ” Trump, Dan Bongino, hasn’t, Andrew Jay Schwartzman, Curtis LeGeyt, recrimination, ” LeGeyt, –, Harris, ”, Dana Walden’s, Kamala, Walden shrugged, Ajit Pai, ” Pai, Nathan Simington, Jessica Rosenworcel, ” Rosenworcel, ” Schwartzman, Ted Boutrous, Jim Acosta’s, Donald Trump, ” Boutrous, Rosenworcel Organizations: New, New York CNN — Broadcast, CNN, CBS, ABC, NBC, Paramount Global, Federal Communications Commission, National Association of Broadcasters, American TV, NAB, “, ” CNN, FCC, Trump, MSNBC, Fake News ABC, Truth, Disney Entertainment, Republican, Democrats, NPR, OUR, Fox, Democratic, White House, Voice Locations: New York

☆ Watch CNBC’s full interview with the Brazilian central bank governor
▼ + stars: | 2024-10-22 | 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 EmailWatch CNBC’s full interview with the Brazilian central bank governorRoberto Campos Neto, governor of the Central Bank of Brazil, speaks to CNBC’s Karen Tso at the IMF Meetings in Washington, D.C.

Persons: Roberto Campos Neto, Karen Tso Organizations: Central Bank of Locations: Brazilian, Central Bank of Brazil, Washington ,

Billionaire tech mogul Elon Musk has forcefully ramped up his efforts to help re-elect former President Donald Trump, raising eyebrows across the political world and inviting questions about the legality of some of his tactics. Meanwhile, news reports have chronicled some of the issues facing America PAC, a political action committee funded by Musk to help boost Trump in the home stretch of the campaign. The two men rallied together earlier this month in Butler, Pennsylvania, where the former president survived an assassination attempt over the summer. The giveaway plan was met with immediate pushback from some election law experts. Rick Hasen, a law professor at UCLA and an NBC News election law analyst, wrote in a post on his website Saturday that the payments were “clearly illegal.”“Essentially what you’re doing is you are creating a lottery.

Persons: Elon Musk, Donald Trump, Musk, —, Trump, “, MAGA, ”, Jocelyn Benson, ” Musk, Rick Hasen, ” Hasen, Josh Shapiro, Kamala Harris, ” Trump, Harris, Mark Cuban, Cuban Organizations: Republican, America PAC, Trump, SpaceX, Tesla, GOP, Reuters, Guardian, PAC, NBC News, Systems, Dominion, UCLA, NBC, . Pennsylvania, Democrat, Press, Federal, Democratic, Cuban Locations: Pennsylvania, Arizona, Nevada, Butler , Pennsylvania, Michigan, U.S, Folsom , Pennsylvania, Philadelphia, Maricopa County, Philadelphia County, Harrisburg , Pennsylvania

☆ Watch CNBC’s full interview with Solus' Dan Greenhaus, Wealth Enhancement’s Ayako Yoshioka and BMO Wealth’s Yung-Yu Ma
▼ + stars: | 2024-10-21 | 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 EmailWatch CNBC’s full interview with Solus' Dan Greenhaus, Wealth Enhancement’s Ayako Yoshioka and BMO Wealth’s Yung-Yu MaSolus' Dan Greenhaus, Wealth Enhancement’s Ayako Yoshioka and BMO Wealth’s Yung-Yu Ma, join 'Closing Bell' to discuss markets, plays for the foreseeable volatile stretch and the earnings picture.

Persons: Solus, Dan Greenhaus, Yoshioka, BMO Wealth’s Yung, Yu Ma Solus, Yu Ma Organizations: BMO

☆ Cramer's Stop Trading: RH
▼ + stars: | 2024-10-21 | 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 EmailCramer's Stop Trading: RHCNBC’s Jim Cramer explains why he is keeping an eye on shares of RH.

Persons: Jim Cramer

☆ Expect to see more caution around AI risks from tech earnings, says Credo AI CEO Navrina Singh
▼ + stars: | 2024-10-21 | 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 EmailExpect to see more caution around AI risks from tech earnings, says Credo AI CEO Navrina SinghCNBC’s Steve Kovach with Credo AI CEO Navrina Singh, join 'Power Lunch' to discuss Big Tech and AI ahead of earnings.

Persons: Navrina Singh, Steve Kovach Organizations: Big Tech

☆ Near Space Labs is using robotic balloons to create a faster way to map insurance risk
▼ + stars: | 2024-10-21 | 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 EmailNear Space Labs is using robotic balloons to create a faster way to map insurance riskCNBC’s Diana Olick joins 'Power Lunch' to discuss how a startup is using robotic balloons to map climate risk.

Persons: Diana Olick Organizations: Labs

☆ Watch CNBC’s full interview with Oakmark's Bill Nygren
▼ + stars: | 2024-10-21 | 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 EmailWatch CNBC’s full interview with Oakmark's Bill NygrenBill Nygren, portfolio manager at Oakmark, joins CNBC's 'Money Movers' to discuss his top stock picks, where to find value, and more.

Persons: Bill Nygren Bill Nygren

☆ Perplexity AI faces copyright lawsuits from media companies
▼ + stars: | 2024-10-21 | 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 EmailPerplexity AI faces copyright lawsuits from media companiesCNBC’s Kate Rooney and Credo AI CEO Navrina Singh, join 'Power Lunch' to discuss Perplexity AI’s latest round of funding and its copyright problems.

Persons: Kate Rooney, Navrina Singh

PHOENIX — Billionaire entrepreneur Mark Cuban said Saturday while campaigning for Vice President Kamala Harris that he would campaign against her if he thought she would tax wealthy people’s “unrealized gains,” which is part of the tax plan she has endorsed. The comments came at a town hall event attended by local Arizona entrepreneurs, which Cuban headlined as a surrogate for the Harris-Walz campaign. Toward the end of the event, a man asked Cuban, “Quick question: What about unrealized gains?”Cuban assured the audience that Harris wouldn’t tax unrealized gains. That is true: While Harris’ campaign issued a blanket endorsement of Biden’s 2025 budget proposal, it hasn’t actually spoken specifically about taxing unrealized gains. On Oct. 12, the Harris-Walz campaign deployed famous actor Bryan Cranston to stump in Arizona.

Persons: Mark Cuban, Kamala Harris, Harris, Walz, “, “ I’m, ”, Joe Biden, haven’t, Kamala, Donald Trump, Trump, we’re, ” Trump, Cuban, “ You’re, doesn’t, Harris ’, Biden, Mike Pence, ” Harris, It’s, I’ve, it’s, Bryan Cranston, Cranston Organizations: PHOENIX —, NBC News, NBC, CNBC, Cuban, Democratic, Biden Locations: Arizona, Cuban, Latrobe , Pennsylvania, Pennsylvania

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