Breakingviews: Mnuchin’s first job – get own finances in order

Steven Mnuchin will have to get his own finances in order before he can focus on the nation’s. U.S. President-elect Donald Trump’s choice to head the Treasury Department has made millions on Wall Street. Unlike his new boss, Mnuchin will have to produce his tax returns to win congressional approval, a step that has tripped up past nominees. The Senate Finance Committee will ask Mnuchin to submit his last three tax returns and answer questions about his finances, as is customary for nominees for


Steven Mnuchin will have to get his own finances in order before he can focus on the nation’s.
U.S. President-elect Donald Trump’s choice to head the Treasury Department has made millions on Wall Street.
Unlike his new boss, Mnuchin will have to produce his tax returns to win congressional approval, a step that has tripped up past nominees.
The Senate Finance Committee will ask Mnuchin to submit his last three tax returns and answer questions about his finances, as is customary for nominees for
Breakingviews: Mnuchin’s first job – get own finances in order Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-12-01  Authors: gina chon
Keywords: news, cnbc, companies, tax, ask, finances, mnuchin, job, mnuchins, committee, unlike, win, wall, trumps, order, returns, breakingviews


Breakingviews: Mnuchin's first job - get own finances in order

Steven Mnuchin will have to get his own finances in order before he can focus on the nation’s. U.S. President-elect Donald Trump’s choice to head the Treasury Department has made millions on Wall Street. Unlike his new boss, Mnuchin will have to produce his tax returns to win congressional approval, a step that has tripped up past nominees.

The Senate Finance Committee will ask Mnuchin to submit his last three tax returns and answer questions about his finances, as is customary for nominees for the post. The panel is known for its tough scrutiny, particularly on the use of tax loopholes such as carried interest, business deductions and breaks for real-estate investments. If there are any issues, the committee could ask for returns for the last 10 years.


Company: cnbc, Activity: cnbc, Date: 2016-12-01  Authors: gina chon
Keywords: news, cnbc, companies, tax, ask, finances, mnuchin, job, mnuchins, committee, unlike, win, wall, trumps, order, returns, breakingviews


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Breakingviews: Trump Treasury chief an illogically logical pick

President-elect Donald Trump has made an illogically logical choice for his first U.S. Treasury secretary. Steven Mnuchin’s Wall Street past will rankle Democrats. But unlike many Trump has put on his team, he is neither an ideologue nor a populist. He spent 17 years at Goldman Sachs, running mortgage securities before becoming chief information officer. And he and fellow investors made a 150 percent profit in five years turning around defunct mortgage lender IndyMac that they bought in 2009.


President-elect Donald Trump has made an illogically logical choice for his first U.S. Treasury secretary.
Steven Mnuchin’s Wall Street past will rankle Democrats.
But unlike many Trump has put on his team, he is neither an ideologue nor a populist.
He spent 17 years at Goldman Sachs, running mortgage securities before becoming chief information officer.
And he and fellow investors made a 150 percent profit in five years turning around defunct mortgage lender IndyMac that they bought in 2009.
Breakingviews: Trump Treasury chief an illogically logical pick Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-11-30  Authors: gina chon
Keywords: news, cnbc, companies, turning, pick, chief, wont, illogically, team, treasury, street, steven, unlike, logical, wall, mortgage, breakingviews, trump


Breakingviews: Trump Treasury chief an illogically logical pick

President-elect Donald Trump has made an illogically logical choice for his first U.S. Treasury secretary. Steven Mnuchin’s Wall Street past will rankle Democrats. But unlike many Trump has put on his team, he is neither an ideologue nor a populist. He’s also well qualified for the job, bipartisan and relatively reserved.

Mnuchin’s career as a financier won’t make for a smooth ride though confirmation hearings. He spent 17 years at Goldman Sachs, running mortgage securities before becoming chief information officer. He left in 2002 to set up his own hedge fund, Dune Capital, which helped finance hit movies like “Avatar.” And he and fellow investors made a 150 percent profit in five years turning around defunct mortgage lender IndyMac that they bought in 2009.


Company: cnbc, Activity: cnbc, Date: 2016-11-30  Authors: gina chon
Keywords: news, cnbc, companies, turning, pick, chief, wont, illogically, team, treasury, street, steven, unlike, logical, wall, mortgage, breakingviews, trump


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Introducing Shchukin’s art collection into the 21st Century

‘Icons of Modern Art: The Shchukin Collection’ is being hailed as a once-in-a-lifetime event. For the first time in 70 years, the collection of Russian art aficionado Sergei Shchukin has been brought together at the Louis Vuitton Foundation located in Bois de Boulogne. Bernard Arnault, the CEO and Chairman of LVMH, has played a key role in getting this exhibition up and running. Aside from hosting the Shchukin collection, Arnault is the chief of one of the most renowned luxury brands out there:


‘Icons of Modern Art: The Shchukin Collection’ is being hailed as a once-in-a-lifetime event. For the first time in 70 years, the collection of Russian art aficionado Sergei Shchukin has been brought together at the Louis Vuitton Foundation located in Bois de Boulogne. Bernard Arnault, the CEO and Chairman of LVMH, has played a key role in getting this exhibition up and running. Aside from hosting the Shchukin collection, Arnault is the chief of one of the most renowned luxury brands out there:
Introducing Shchukin’s art collection into the 21st Century Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-11-23
Keywords: news, games, cnbc, companies, collection, chief, russian, shchukin, introducing, luxury, century, exhibition, brand, 21st, shchukins, art, ceo, conversation


Introducing Shchukin's art collection into the 21st Century

‘Icons of Modern Art: The Shchukin Collection’ is being hailed as a once-in-a-lifetime event. For the first time in 70 years, the collection of Russian art aficionado Sergei Shchukin has been brought together at the Louis Vuitton Foundation located in Bois de Boulogne.

Bernard Arnault, the CEO and Chairman of LVMH, has played a key role in getting this exhibition up and running.

Speaking to the “CNBC Conversation”, the chief executive of the luxury brand tells CNBC’s Tania Bryer how happy he was to organize the exhibition, and that he believed the Russian President would want to come and see the exhibition, after negotiations were made with the country to make it happen.

Aside from hosting the Shchukin collection, Arnault is the chief of one of the most renowned luxury brands out there: LVMH.

During the conversation, the CEO talks about facing critics as a business, and how the brand stays afloat despite current global macroeconomic headwinds, such as China and geopolitical tensions.

Follow CNBC International on Twitter and Facebook.


Company: cnbc, Activity: cnbc, Date: 2016-11-23
Keywords: news, games, cnbc, companies, collection, chief, russian, shchukin, introducing, luxury, century, exhibition, brand, 21st, shchukins, art, ceo, conversation


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Here are 5 financial stocks to buy on Trump’s bullish agenda, Evercore ISI says

Donald Trump arrives for his election night rally at the New York Hilton Midtown in Manhattan, New York, November 9, 2016. Evercore ISI’s Glenn Schorr, one of Wall Street’s best analysts, told investors the rally in financials will keep going due to President-elect Donald Trump’s economic policies. The Financial Select Sector SPDR Fund rallied 11 percent since the Nov. 8 election as of Friday’s close. Schorr’s picks have a 22 percent one-year average return and a 74 percent success rate for a pr


Donald Trump arrives for his election night rally at the New York Hilton Midtown in Manhattan, New York, November 9, 2016.
Evercore ISI’s Glenn Schorr, one of Wall Street’s best analysts, told investors the rally in financials will keep going due to President-elect Donald Trump’s economic policies.
The Financial Select Sector SPDR Fund rallied 11 percent since the Nov. 8 election as of Friday’s close.
Schorr’s picks have a 22 percent one-year average return and a 74 percent success rate for a pr
Here are 5 financial stocks to buy on Trump’s bullish agenda, Evercore ISI says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-11-21  Authors: tae kim
Keywords: news, cnbc, companies, agenda, election, buy, schorr, donald, financial, investors, financials, isi, wall, evercore, rally, trumps, stocks, york, bullish


Here are 5 financial stocks to buy on Trump's bullish agenda, Evercore ISI says

Donald Trump arrives for his election night rally at the New York Hilton Midtown in Manhattan, New York, November 9, 2016.

Evercore ISI’s Glenn Schorr, one of Wall Street’s best analysts, told investors the rally in financials will keep going due to President-elect Donald Trump’s economic policies.

The Financial Select Sector SPDR Fund rallied 11 percent since the Nov. 8 election as of Friday’s close.

“Animal spirits & higher confidence have returned and investors are now expecting a better revenue, expense, tax, capital & regulatory profile for financials and we might have just flipped from feeling pretty late cycle right back to early cycle depending on how much you want to buy into Trump’s pro-growth agenda,” Schorr wrote in a note to clients Monday.

“So while financial stocks have popped, earnings potential is better, and multiples can lift as money continues to pile into financials as investors see it as one of the best call options for a new economy … Financials have outperformed … since the election (regional banks most, asset mgrs. least) and we expect that to continue.”

Schorr’s picks have a 22 percent one-year average return and a 74 percent success rate for a profit, according to analyst ranking service TipRanks. That places him in the top 9 percent of all Wall Street analysts covering any industry.


Company: cnbc, Activity: cnbc, Date: 2016-11-21  Authors: tae kim
Keywords: news, cnbc, companies, agenda, election, buy, schorr, donald, financial, investors, financials, isi, wall, evercore, rally, trumps, stocks, york, bullish


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Here’s where military service members can get freebies on Veterans Day

Veterans can get freebies at these restaurants today 10:44 AM ET Fri, 11 Nov 2016 | 00:41Restaurants across the country are saying “thank you” to Veterans on their special day Friday by offering free and discounted meals to active and retired military members. Just a heads up, you may need to flash your military I.D. or be in uniform to collect. Here’s where to snag freebies on Nov. 11:Restaurants aren’t the only businesses offering special deals for veterans on Friday. Here’s a few nonfood rela


Veterans can get freebies at these restaurants today 10:44 AM ET Fri, 11 Nov 2016 | 00:41Restaurants across the country are saying “thank you” to Veterans on their special day Friday by offering free and discounted meals to active and retired military members. Just a heads up, you may need to flash your military I.D. or be in uniform to collect. Here’s where to snag freebies on Nov. 11:Restaurants aren’t the only businesses offering special deals for veterans on Friday. Here’s a few nonfood rela
Here’s where military service members can get freebies on Veterans Day Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2016-11-10  Authors: sarah whitten
Keywords: news, games, cnbc, companies, nov, thank, military, service, special, deals, uniform, freebies, today, heres, offering, veterans, day, members


Here's where military service members can get freebies on Veterans Day

Veterans can get freebies at these restaurants today 10:44 AM ET Fri, 11 Nov 2016 | 00:41

Restaurants across the country are saying “thank you” to Veterans on their special day Friday by offering free and discounted meals to active and retired military members.

Just a heads up, you may need to flash your military I.D. or be in uniform to collect.

Here’s where to snag freebies on Nov. 11:

Restaurants aren’t the only businesses offering special deals for veterans on Friday. Here’s a few nonfood related deals:


Company: cnbc, Activity: cnbc, Date: 2016-11-10  Authors: sarah whitten
Keywords: news, games, cnbc, companies, nov, thank, military, service, special, deals, uniform, freebies, today, heres, offering, veterans, day, members


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