Fed speakers could steal focus from trade war in week ahead

A flurry of Fed speakers and any new trade developments could shake up what normally might be a slow week of trading ahead of the three-day Memorial Day holiday weekend. Stocks ended the past week with losses, as trade-related headlines caused big swings in the market. The Dow ended the week with a 0.7% loss to 25,764 in its fourth negative week. The Nasdaq lost even more, 1.2% for the week, after U.S. action against China’s Huawei depressed U.S. tech names that do business in China. The U.S. ra


A flurry of Fed speakers and any new trade developments could shake up what normally might be a slow week of trading ahead of the three-day Memorial Day holiday weekend. Stocks ended the past week with losses, as trade-related headlines caused big swings in the market. The Dow ended the week with a 0.7% loss to 25,764 in its fourth negative week. The Nasdaq lost even more, 1.2% for the week, after U.S. action against China’s Huawei depressed U.S. tech names that do business in China. The U.S. ra
Fed speakers could steal focus from trade war in week ahead Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-17  Authors: patti domm
Keywords: news, cnbc, companies, billion, raised, ended, speakers, huawei, losses, china, fed, trade, focus, 25, steal, tariffs, week, ahead, war


Fed speakers could steal focus from trade war in week ahead

A flurry of Fed speakers and any new trade developments could shake up what normally might be a slow week of trading ahead of the three-day Memorial Day holiday weekend.

Stocks ended the past week with losses, as trade-related headlines caused big swings in the market. The Dow ended the week with a 0.7% loss to 25,764 in its fourth negative week. The S&P 500 fell for a second week, losing 0.8% to 2,859. The Nasdaq lost even more, 1.2% for the week, after U.S. action against China’s Huawei depressed U.S. tech names that do business in China.

Friday ended with losses in the final hour, after CNBC’s Kayla Tausche reported that talks between the U.S. and China appear to have stalled, and there have been no discussions on scheduling a new round.

“With the trade stuff, this is brass knuckles time. When you institute tariffs…when you go to 25% like we just did, all of a sudden there’s no room for error,” said Peter Boockvar, chief investment officer at Bleakley Advisory Group. “The stakes are so much greater at 25%, and if we did the other $300 billion dollars, then we start damaging the consumer and you can guarantee a global recession.”

The U.S. raised tariffs last week from 10% to 25% on $200 billion in goods, and China responded by raising tariffs on $60 billion in goods.

Boockvar, like others, had been looking for a trade deal earlier in the month, but there has been no sign of positive movements, and the crackdown on Huawei raised concerns about China retaliating against U.S. companies.

“China is not bending and with Trump taunting them, they’re pissed. It still remains the case that everyone wants a deal , It’s in everyone’s best interest. It’s tough to negotiate when you get hit in the head with a baseball bat,” said Boockvar.


Company: cnbc, Activity: cnbc, Date: 2019-05-17  Authors: patti domm
Keywords: news, cnbc, companies, billion, raised, ended, speakers, huawei, losses, china, fed, trade, focus, 25, steal, tariffs, week, ahead, war


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The cost of your shoes could jump thanks to the US-China trade war

The cost of your sneakers or high heels could soon jump, thanks to another round of tariffs under consideration by the Trump administration as part of an ongoing trade war with China. The list includes footwear — everything from sneakers to sandals, golf shoes, rain boots and ski shoes. Should the tariff increase ultimately take effect, analysts say consumers would feel the brunt of the impact. FDRA said a popular type of canvas “skate” sneaker, currently retailing at $49.99, with a 25% tariff,


The cost of your sneakers or high heels could soon jump, thanks to another round of tariffs under consideration by the Trump administration as part of an ongoing trade war with China. The list includes footwear — everything from sneakers to sandals, golf shoes, rain boots and ski shoes. Should the tariff increase ultimately take effect, analysts say consumers would feel the brunt of the impact. FDRA said a popular type of canvas “skate” sneaker, currently retailing at $49.99, with a 25% tariff,
The cost of your shoes could jump thanks to the US-China trade war Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-14  Authors: lauren thomas
Keywords: news, cnbc, companies, war, footwear, billion, jump, shoes, increase, trade, thanks, tariff, cost, tariffs, 25, china, working, uschina


The cost of your shoes could jump thanks to the US-China trade war

The cost of your sneakers or high heels could soon jump, thanks to another round of tariffs under consideration by the Trump administration as part of an ongoing trade war with China.

The White House on Monday released a fresh list of about $300 billion in Chinese goods that could get hit with 25% tariffs, if President Donald Trump decides to move forward with his threat. The list includes footwear — everything from sneakers to sandals, golf shoes, rain boots and ski shoes.

Should the tariff increase ultimately take effect, analysts say consumers would feel the brunt of the impact. And the American footwear industry is particularly dependent on China.

In 2017, China accounted for about 72% of all footwear imported into the U.S., according to the American Apparel and Footwear Association. The U.S. imported $11.4 billion worth of footwear from China last year, according to data from the U.S. Census Bureau.

“While brands have moved their production into other countries in Asia because labor costs are lower there, everybody is still making shoes in China,” said Matt Powell, a sports analyst for NPD Group. “The Chinese have years of expertise. They tend to be the best at making high-value product.”

Both Nike and Adidas — the top two sneaker makers in the U.S. by sales — have steadily been easing their reliance on China, shifting production to Vietnam instead. Both companies declined to comment when reached by CNBC.

Puma has said it’s working to do more of the same. But China still dominates when it comes to footwear manufacturing.

“For a lot of working families who buy shoes at Walmart, Target and these other retailers … a ton of volume runs through [China], ” said Matt Priest, the president and CEO of the Footwear Distributors and Retailers of America, a trade organization. The proposed tariffs on footwear “are concerning to say the least,” he said. “It’s every single type of shoe.”

FDRA said a popular type of canvas “skate” sneaker, currently retailing at $49.99, with a 25% tariff, could increase to $65.57. The price of a typical hunting boot would increase from $190 to $248.56. And a popular performance running shoe could jump from $150 to $206.25, FDRA said.

Ultimately, a 25% tariff on footwear could cost shoppers more than $7 billion each year, Priest said — what he called a “conservative” estimate.

— CNBC’s Jessica Golden contributed to this reporting.

WATCH: Cramer explains which businesses have the most exposure to the trade war


Company: cnbc, Activity: cnbc, Date: 2019-05-14  Authors: lauren thomas
Keywords: news, cnbc, companies, war, footwear, billion, jump, shoes, increase, trade, thanks, tariff, cost, tariffs, 25, china, working, uschina


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Retailers to take a hit: Trade war could cause ‘widespread store closures’

Another potential round of tariffs in a tit-for-tat trade war between the U.S. and China could have an unintended consequences: massive store closures. “The market is not realizing how much brick & mortar retail is incrementally struggling and how new 25% tariffs could force widespread store closures,” UBS analyst Jay Sole said in a research note. “We think potential 25% tariffs on Chinese imports could accelerate pressure on these company’s profit margins to the point where major store closures


Another potential round of tariffs in a tit-for-tat trade war between the U.S. and China could have an unintended consequences: massive store closures. “The market is not realizing how much brick & mortar retail is incrementally struggling and how new 25% tariffs could force widespread store closures,” UBS analyst Jay Sole said in a research note. “We think potential 25% tariffs on Chinese imports could accelerate pressure on these company’s profit margins to the point where major store closures
Retailers to take a hit: Trade war could cause ‘widespread store closures’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-14  Authors: lauren thomas
Keywords: news, cnbc, companies, war, trump, struggling, 25, trade, list, cause, goods, hit, tariffs, retailers, closures, store, chinese, widespread


Retailers to take a hit: Trade war could cause 'widespread store closures'

Another potential round of tariffs in a tit-for-tat trade war between the U.S. and China could have an unintended consequences: massive store closures.

The White House on Monday evening released a fresh list for about $300 billion in Chinese goods that President Donald Trump has said he’s contemplating hitting with tariffs as high as 25%. The list includes everything from clothing and sneakers to sporting goods and other accessories, often found at the mall.

“The market is not realizing how much brick & mortar retail is incrementally struggling and how new 25% tariffs could force widespread store closures,” UBS analyst Jay Sole said in a research note. “We think potential 25% tariffs on Chinese imports could accelerate pressure on these company’s profit margins to the point where major store closures become a real possibility.”

Just last week, the Trump administration raised tariffs to 25% from 10% on $200 billion worth of Chinese goods. But retailers, for the most part, were unscathed, with many of the items impacted by that hike hurting agricultural workers. Furniture, handbags and some consumer electronics were on that list, but not apparel and shoes.

Then, China retaliated on Monday by raising tariffs on about $60 billion of U.S. goods.

And now the Trump administration has proposed a new list that targets items like performance wear, windbreakers, headbands, gloves, bathing suits and ski suits.

UBS said it was already calling for nearly 21,000 stores to close by 2026 in the U.S. But now, it said a new round of tariffs could cause more than 50% of those closures to happen within the course of one year, rather than four, as it was estimating. And this is only looking a publicly traded retailers, Sole said. “We continue to think the apparel and footwear consumer’s willingness to spend remains tepid at best.”

Many retailers — and specifically those that sell clothing — have already been struggling, without the threat of tariffs hanging over them. Companies like Victoria’s Secret, Gap, Gymboree, Chico’s, Payless Shoesource and Charlotte Russe have been shutting stores, struggling to find ways to differentiate themselves from popular fast-fashion brands like Zara, and up-start brands like Everlane, Rockets of Awesome and ThirdLove.


Company: cnbc, Activity: cnbc, Date: 2019-05-14  Authors: lauren thomas
Keywords: news, cnbc, companies, war, trump, struggling, 25, trade, list, cause, goods, hit, tariffs, retailers, closures, store, chinese, widespread


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Trump’s tariffs on China are a ‘harbinger’ for Europe, here’s why

The latest U.S. tariffs on China could be a sign of what’s to come for Europe, analysts have told CNBC. President Donald Trump announced Sunday that the current tariffs of 10% on $200 billion of Chinese goods will increase to 25% on Friday. His decision sparked a sell-off in global equity markets and created further jitters in Europe whose exports could also face similar U.S. tariffs. President Trump threatened in early 2018 to impose duties of 20% on European cars. “On the one hand, this (tarif


The latest U.S. tariffs on China could be a sign of what’s to come for Europe, analysts have told CNBC. President Donald Trump announced Sunday that the current tariffs of 10% on $200 billion of Chinese goods will increase to 25% on Friday. His decision sparked a sell-off in global equity markets and created further jitters in Europe whose exports could also face similar U.S. tariffs. President Trump threatened in early 2018 to impose duties of 20% on European cars. “On the one hand, this (tarif
Trump’s tariffs on China are a ‘harbinger’ for Europe, here’s why Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-06  Authors: silvia amaro
Keywords: news, cnbc, companies, trumps, told, china, threatened, harbinger, european, trump, europe, 25, heres, washington, tariffs, trade, president


Trump's tariffs on China are a 'harbinger' for Europe, here's why

WASHINGTON, DC – JULY 25: (AFP OUT) U.S. President Donald Trump (R) meets with President of the European Commission Jean-Claude Juncker, in the Oval Office at the White House July 25, 2018 in Washington, DC.

The latest U.S. tariffs on China could be a sign of what’s to come for Europe, analysts have told CNBC.

President Donald Trump announced Sunday that the current tariffs of 10% on $200 billion of Chinese goods will increase to 25% on Friday. In a Twitter post, he also threatened to impose an extra 25% levies on an additional $325 billion of Chinese goods “shortly”.

His decision sparked a sell-off in global equity markets and created further jitters in Europe whose exports could also face similar U.S. tariffs.

“It is a harbinger of what is likely to come for Europe,” Fredrik Erixon, head of the European Centre for International Political Economy (ECIPE), told CNBC via email.

“Trump may be an economic illiterate, but he means what he says, and the message that has been coming for quite a while is that European auto producers will be hit with higher tariffs as well,” Erixon added.

President Trump threatened in early 2018 to impose duties of 20% on European cars. Since then, he has met the president of the European Commission, the EU’s executive body, and both decided to seek an agreement over trade and avoid tariffs. Nearly a year since their meeting, both sides of the Atlantic have yet to start those official trade talks.

On Monday, European auto stocks fell more than 3%.

“On the one hand, this (tariff announcement on China) just confirms what we already know, which is that President Trump is willing to publically escalate conflicts to achieve policy objectives. So, we may also see volatility in the settling of European trade negotiations,” Mark Haefele, chief investment officer at UBS Global Wealth Management, told CNBC via email.


Company: cnbc, Activity: cnbc, Date: 2019-05-06  Authors: silvia amaro
Keywords: news, cnbc, companies, trumps, told, china, threatened, harbinger, european, trump, europe, 25, heres, washington, tariffs, trade, president


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Mark Cuban says this $25-an-hour gig was his ‘best job ever’

It’s not often you hear a billionaire openly wish to go back to making an hourly wage. But Mark Cuban says the “best job” he ever had came during his college days, and it paid him $25 an hour. “I got paid $25 an hour back then to teach [disco] dancing to sororities,” Cuban told Rome. “It was the best job ever.” I’d take that job now,” Cuban said.


It’s not often you hear a billionaire openly wish to go back to making an hourly wage. But Mark Cuban says the “best job” he ever had came during his college days, and it paid him $25 an hour. “I got paid $25 an hour back then to teach [disco] dancing to sororities,” Cuban told Rome. “It was the best job ever.” I’d take that job now,” Cuban said.
Mark Cuban says this $25-an-hour gig was his ‘best job ever’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-03  Authors: tom huddleston jr
Keywords: news, cnbc, companies, best, paid, wage, job, working, hour, billionaire, dancing, 25anhour, mark, 25, gig, cuban, minimum


Mark Cuban says this $25-an-hour gig was his 'best job ever'

It’s not often you hear a billionaire openly wish to go back to making an hourly wage. But Mark Cuban says the “best job” he ever had came during his college days, and it paid him $25 an hour.

Cuban, the billionaire owner of the Dallas Mavericks and star of ABC’s “Shark Tank,” recently discussed the long list of side-jobs he took to pay his way through school on a podcast with host Jim Rome.

“I think I invented the word ‘side-hustle,'” Cuban said.

But while Cuban held a lot of different jobs — from selling garbage bags as a kid to working in a bar while at while at Indiana University — the billionaire says one still stands out as the best.

“I got paid $25 an hour back then to teach [disco] dancing to sororities,” Cuban told Rome. “It was the best job ever.”

Cuban (who showed off his dancing skills on the fifth season of ABC’s “Dancing with the Stars”) even thinks that would still be a pretty desirable job today, which might not be surprising, especially considering the fact that the federal minimum wage is currently just $7.25 per hour (though it’s higher in some states, and Congress is working on increasing the minimum to $15 an hour).

“I mean, $25 an hour, are you kidding me? I’d take that job now,” Cuban said.


Company: cnbc, Activity: cnbc, Date: 2019-05-03  Authors: tom huddleston jr
Keywords: news, cnbc, companies, best, paid, wage, job, working, hour, billionaire, dancing, 25anhour, mark, 25, gig, cuban, minimum


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Activision Blizzard announces first 5 teams for Call of Duty esports league

Activision Blizzard announced Thursday that it has sold its first five franchise teams in its Call of Duty esports league. Activision Blizzard CEO Bobby Kotick also said the company will announce deals with more owners and markets later this year. “The upcoming launch of our new Call of Duty esports league reaffirms our leadership role in the development of professional esports,” he said in a statement. The publisher has yet to announce a launch date for the league, which would be the second ope


Activision Blizzard announced Thursday that it has sold its first five franchise teams in its Call of Duty esports league. Activision Blizzard CEO Bobby Kotick also said the company will announce deals with more owners and markets later this year. “The upcoming launch of our new Call of Duty esports league reaffirms our leadership role in the development of professional esports,” he said in a statement. The publisher has yet to announce a launch date for the league, which would be the second ope
Activision Blizzard announces first 5 teams for Call of Duty esports league Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-02  Authors: annie pei
Keywords: news, cnbc, companies, duty, teams, earnings, blizzard, esports, league, announces, paris, activision, 25, revenue, game


Activision Blizzard announces first 5 teams for Call of Duty esports league

A gamer plays the video game ‘Call of Duty: Black Ops’ developed by Treyarch and published by Activision during the ‘Paris Games Week’ on October 25, 2018 in Paris, France.

Activision Blizzard announced Thursday that it has sold its first five franchise teams in its Call of Duty esports league.

Those teams will be based in Atlanta, Dallas, New York, Paris and Toronto. Activision Blizzard CEO Bobby Kotick also said the company will announce deals with more owners and markets later this year.

“The upcoming launch of our new Call of Duty esports league reaffirms our leadership role in the development of professional esports,” he said in a statement.

The publisher has yet to announce a launch date for the league, which would be the second operated by Activision Blizzard.

Activision Blizzard did not disclose the deal figures, but ESPN reported in March that the publisher was looking to sell slots for about $25 million per team.

The five deals announced Thursday were made with existing team owners who participated Activision Blizzards’ first esports venture, Overwatch League.

That first venture was a professional league set up by Activision Blizzard featuring its billion-dollar franchise Overwatch game and was the first global league with a city-based system and came with a business structure mirroring that of traditional sports leagues.

Shares of Activision Blizzard slipped 4% in after-hours trade despite better-than-expected earnings and revenue from the video game publisher.

The company reported earnings of 31 cents on $1.26 billion in revenue. Wall Street had projected earnings of 25 cents on $1.24 billion in revenue, according to Refinitiv consensus estimates.


Company: cnbc, Activity: cnbc, Date: 2019-05-02  Authors: annie pei
Keywords: news, cnbc, companies, duty, teams, earnings, blizzard, esports, league, announces, paris, activision, 25, revenue, game


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Cramer: Beyond Meat priced its IPO at $25 a share — buy in below $35 after its debut

Beyond Meat, the food company behind the meatless Beyond Burger, is set to debut on the public market this week. CNBC’s Jim Cramer said Wednesday the stock is worth buying — at or below $35 per share. The plant-based meat maker priced its shares at $25, at the top end of its stated range of $23 to $25. Beyond Meat has yet to turn a profit and likely will not have positive earnings in the near future, Cramer said. Burger King, which is owned by Restaurant Brands International, carries Impossible


Beyond Meat, the food company behind the meatless Beyond Burger, is set to debut on the public market this week. CNBC’s Jim Cramer said Wednesday the stock is worth buying — at or below $35 per share. The plant-based meat maker priced its shares at $25, at the top end of its stated range of $23 to $25. Beyond Meat has yet to turn a profit and likely will not have positive earnings in the near future, Cramer said. Burger King, which is owned by Restaurant Brands International, carries Impossible
Cramer: Beyond Meat priced its IPO at $25 a share — buy in below $35 after its debut Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: tyler clifford
Keywords: news, cnbc, companies, trading, revenue, cramer, buy, share, 35, 25, burger, stock, meat, company, quarter, sales, priced, ipo, debut, margin


Cramer: Beyond Meat priced its IPO at $25 a share — buy in below $35 after its debut

Beyond Meat, the food company behind the meatless Beyond Burger, is set to debut on the public market this week. CNBC’s Jim Cramer said Wednesday the stock is worth buying — at or below $35 per share.

The plant-based meat maker priced its shares at $25, at the top end of its stated range of $23 to $25. The stock could surge to $30 once it starts trading, and investors should be cautious if it climbs above $35, he said.

“I think this is exactly the kind of growth story that the stock market tends to adore — in a year that’s already been chock-full of IPOs, Beyond Meat is the fastest grower among them,” the “Mad Money” host said. “I doubt it will be another Lyft, where the revenue growth was already decelerating by the time the company came public. ”

The company reported a net loss of $29.9 million on revenue of $87.9 million for 2018.

Since its founding in 2009, Beyond Meat has become one of the fastest-growing food producers in the country on the back of a “brilliant concept,” Cramer said. The company’s sales just about tripled year-over-year in the first quarter, which followed 170% growth in 2018 and 101% in 2017, he noted. Revenue grew 200% in the first quarter from the year-ago period, powered by new deals with Carl’s Jr., TGI Friday’s, and A&W Canada chains, he added.

Beyond Meat has yet to turn a profit and likely will not have positive earnings in the near future, Cramer said. But gross margin tells a more promising story. The company posted 20% gross margin in 2018, up from a negative margin in 2017. For the first quarter of 2019, gross margin came in at 25.6%.

“Honestly, I really don’t want Beyond Meat to be profitable at this early stage in their life cycle. They should be spending money like crazy to build out their production and distribution and innovation to fend off enemies,” Cramer said. “However, because the company’s sales keep growing, their margins are headed in the right direction.”

On top of that, the balance sheet is “solid,” he added. The IPO raised roughly $240 million.

Competition could be a headwind for Beyond Meat. Burger King, which is owned by Restaurant Brands International, carries Impossible Food’s vegetarian Impossible Burger, which is said to be a better-tasting beef alternative than the Beyond Burger, Cramer said. Reports suggest Burger King is selling out of the vegetarian selection, but there is more than enough room for two players in the plant-based food industry, he said.

Beyond Meat products are carried in 17,000 grocery stores — including Amazon’s Whole Foods, Target and Kroger — and 12,000 eateries, Cramer said. The company has also launched pork sausage substitutes and is working on a chicken alternative.

“At the midpoint of its current price range, Beyond Meat’s going to be very expensive — it’s already trading at 17-times last year’s sales. Not earnings, sales,” he said. “Of course, [if] they can keep growing at a 200% clip this year, then the stock is trading at less than 6-times 2019 sales [estimates]. So I can get that.”

Disclosure: Cramer’s charitable trust owns shares of Amazon.


Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: tyler clifford
Keywords: news, cnbc, companies, trading, revenue, cramer, buy, share, 35, 25, burger, stock, meat, company, quarter, sales, priced, ipo, debut, margin


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Beyond Meat prices IPO at $25 per share: Source

Packages of Beyond Meat Inc. beef crumbles are displayed for a photograph in Tiskilwa, Illinois, U.S., on Tuesday, April 23, 2019. Beyond Meat priced its initial public offering at $25 a share, a source familiar with the matter tells CNBC. That’s at the top end of the company’s expected range of between $23 and $25 per share, which was boosted from the originally set range of between $19 and $21 per share. At its IPO price, Beyond holds an implied market valuation of $1.46 billion. The company m


Packages of Beyond Meat Inc. beef crumbles are displayed for a photograph in Tiskilwa, Illinois, U.S., on Tuesday, April 23, 2019. Beyond Meat priced its initial public offering at $25 a share, a source familiar with the matter tells CNBC. That’s at the top end of the company’s expected range of between $23 and $25 per share, which was boosted from the originally set range of between $19 and $21 per share. At its IPO price, Beyond holds an implied market valuation of $1.46 billion. The company m
Beyond Meat prices IPO at $25 per share: Source Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: christine wang leslie picker, christine wang, leslie picker
Keywords: news, cnbc, companies, tiskilwa, share, 25, meat, source, ticker, tells, 23, valuation, ipo, substitutes, range, prices


Beyond Meat prices IPO at $25 per share: Source

Packages of Beyond Meat Inc. beef crumbles are displayed for a photograph in Tiskilwa, Illinois, U.S., on Tuesday, April 23, 2019.

Beyond Meat priced its initial public offering at $25 a share, a source familiar with the matter tells CNBC.

That’s at the top end of the company’s expected range of between $23 and $25 per share, which was boosted from the originally set range of between $19 and $21 per share.

At its IPO price, Beyond holds an implied market valuation of $1.46 billion.

The company manufactures plant-based meat substitutes and plans to list on the Nasdaq with the ticker “BYND.”


Company: cnbc, Activity: cnbc, Date: 2019-05-01  Authors: christine wang leslie picker, christine wang, leslie picker
Keywords: news, cnbc, companies, tiskilwa, share, 25, meat, source, ticker, tells, 23, valuation, ipo, substitutes, range, prices


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Facebook VP who became a manager at 25 says this is the fastest way to get promoted

“My advice for how to get your manager to notice you is to be really explicit about what your goals are,” she tells CNBC Make It. “Tell your manager, ‘Hey, I’d like to get promoted. “I think this has to be a dialogue with your manager,” she emphasizes. “How I can best find opportunities that align with their goals, and how I can have that strong bond and build that trust with them.” Don’t miss: How to answer this Facebook exec’s simple go-to interview question about failure


“My advice for how to get your manager to notice you is to be really explicit about what your goals are,” she tells CNBC Make It. “Tell your manager, ‘Hey, I’d like to get promoted. “I think this has to be a dialogue with your manager,” she emphasizes. “How I can best find opportunities that align with their goals, and how I can have that strong bond and build that trust with them.” Don’t miss: How to answer this Facebook exec’s simple go-to interview question about failure
Facebook VP who became a manager at 25 says this is the fastest way to get promoted Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-25  Authors: courtney connley, photo credit, julie zhuo
Keywords: news, cnbc, companies, work, skills, manager, zhuo, 25, goals, look, need, vp, way, opportunities, facebook, fastest, think, promoted, best


Facebook VP who became a manager at 25 says this is the fastest way to get promoted

“My advice for how to get your manager to notice you is to be really explicit about what your goals are,” she tells CNBC Make It. “What do you care about? Where do you see yourself in three years? What are the skills that you want to learn and grow?”

Once you’ve answered those questions, Zhuo says you should ask your boss for guidance in helping you to find the right opportunities at work that will get you closer to where you want to be.

“Tell your manager, ‘Hey, I’d like to get promoted. What do you think it takes for me?'” she says. “What do you think are my gaps? What are the skills that I need to grow, to get better and to be able to take that pay raise or be able to perform at the next level?”

Zhuo says the best way to think about how to get ahead is to look at your career with a long-term perspective, and then determine the little steps you’ll need to take to make progress. “Think about where you’d like to be in three years or five years,” she says. “Then try boiling it down. So, if you want to get [somewhere] in three years, what does that mean the next year needs to look like, or the next six months?”

“I think this has to be a dialogue with your manager,” she emphasizes. “It’s something that you talk about together, because maybe you want to do this [thing], but your manager thinks it’s going to be more realistic for you to work on these skills first.”

Finding the time to discuss your long-term goals at work may be difficult, but Zhuo says developing this relationship with your boss is critical to your success at a company. She says she does frequent check-ins with reports on her team so that she can “deeply understand [their] values, their fears and their hopes.”

“It gives me a sense of how I can best support them,” she says. “How I can best find opportunities that align with their goals, and how I can have that strong bond and build that trust with them.”

Video by Beatriz Bajuelos Castillo

Like this story? Subscribe to CNBC Make It on YouTube!

Don’t miss: How to answer this Facebook exec’s simple go-to interview question about failure


Company: cnbc, Activity: cnbc, Date: 2019-04-25  Authors: courtney connley, photo credit, julie zhuo
Keywords: news, cnbc, companies, work, skills, manager, zhuo, 25, goals, look, need, vp, way, opportunities, facebook, fastest, think, promoted, best


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The $2.5 million Pininfarina Battista electric hypercar debuts in US

While other automakers packed the Javits Center for the New York International Auto Show, Automobili Pininfarina launched one of the week’s most exciting car debuts at an off-site event. The company’s new all-electric Battista hypercar produces a whopping 1,900 horsepower and reaches 60 miles per hour in under two seconds. That makes it the fastest street-legal car ever built by an automaker, even outrunning a Formula One race car to 60 mph. Pininfarina has previously said that a Battista will h


While other automakers packed the Javits Center for the New York International Auto Show, Automobili Pininfarina launched one of the week’s most exciting car debuts at an off-site event. The company’s new all-electric Battista hypercar produces a whopping 1,900 horsepower and reaches 60 miles per hour in under two seconds. That makes it the fastest street-legal car ever built by an automaker, even outrunning a Formula One race car to 60 mph. Pininfarina has previously said that a Battista will h
The $2.5 million Pininfarina Battista electric hypercar debuts in US Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: mack hogan, h o, automobili pininfarina
Keywords: news, cnbc, companies, car, hypercar, battista, 60, york, million, weeks, pininfarina, thrust, miles, electric, whopping, testarossa, targeting, 25, debuts


The $2.5 million Pininfarina Battista electric hypercar debuts in US

While other automakers packed the Javits Center for the New York International Auto Show, Automobili Pininfarina launched one of the week’s most exciting car debuts at an off-site event.

The company’s new all-electric Battista hypercar produces a whopping 1,900 horsepower and reaches 60 miles per hour in under two seconds. That makes it the fastest street-legal car ever built by an automaker, even outrunning a Formula One race car to 60 mph.

Pininfarina has previously said that a Battista will hit 180 mph in less time than an F-16 fighter jet. All of that thrust comes from electric motors that are fed by a 120 kWh battery and should be good for around 300 miles of range on a single charge.

The company — which has roots in the storied Italian design house that styled iconic cars like the Fiat 124, Maserati GranTurismo, Ferrari Testarossa and Alfa Romeo Spider — is targeting a 2020 release date for the Battista.


Company: cnbc, Activity: cnbc, Date: 2019-04-18  Authors: mack hogan, h o, automobili pininfarina
Keywords: news, cnbc, companies, car, hypercar, battista, 60, york, million, weeks, pininfarina, thrust, miles, electric, whopping, testarossa, targeting, 25, debuts


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