Rep. Patrick McHenry: ‘There’s no capacity to kill Bitcoin’

Rep. Patrick McHenry: ‘There’s no capacity to kill Bitcoin’7 Hours AgoRep. Patrick McHenry (R-N.C.), ranking member of the Financial Services Committee, joins “Squawk Box” to discuss the tech hearing on Capitol Hill.


Rep. Patrick McHenry: ‘There’s no capacity to kill Bitcoin’7 Hours AgoRep. Patrick McHenry (R-N.C.), ranking member of the Financial Services Committee, joins “Squawk Box” to discuss the tech hearing on Capitol Hill.
Rep. Patrick McHenry: ‘There’s no capacity to kill Bitcoin’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-17  Authors: andrew harrer, bloomberg, getty images
Keywords: news, cnbc, companies, squawk, services, kill, mchenry, member, rep, patrick, tech, rnc, bitcoin, theres, ranking, capacity


Rep. Patrick McHenry: 'There's no capacity to kill Bitcoin'

Rep. Patrick McHenry: ‘There’s no capacity to kill Bitcoin’

7 Hours Ago

Rep. Patrick McHenry (R-N.C.), ranking member of the Financial Services Committee, joins “Squawk Box” to discuss the tech hearing on Capitol Hill.


Company: cnbc, Activity: cnbc, Date: 2019-07-17  Authors: andrew harrer, bloomberg, getty images
Keywords: news, cnbc, companies, squawk, services, kill, mchenry, member, rep, patrick, tech, rnc, bitcoin, theres, ranking, capacity


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Sen. Sherrod Brown grills Facebook’s David Marcus in Libra hearing

Sen. Sherrod Brown grills Facebook’s David Marcus in Libra hearing3 Hours AgoSen. Sherrod Brown questions Facebook in a hearing on the new cryptocurrency, Libra, that the social media site is backing.


Sen. Sherrod Brown grills Facebook’s David Marcus in Libra hearing3 Hours AgoSen. Sherrod Brown questions Facebook in a hearing on the new cryptocurrency, Libra, that the social media site is backing.
Sen. Sherrod Brown grills Facebook’s David Marcus in Libra hearing Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-16  Authors: andrew harrer, bloomberg, getty images
Keywords: news, cnbc, companies, grills, facebooks, media, social, libra, hours, sherrod, sen, david, brown, site, marcus, questions, hearing


Sen. Sherrod Brown grills Facebook's David Marcus in Libra hearing

Sen. Sherrod Brown grills Facebook’s David Marcus in Libra hearing

3 Hours Ago

Sen. Sherrod Brown questions Facebook in a hearing on the new cryptocurrency, Libra, that the social media site is backing.


Company: cnbc, Activity: cnbc, Date: 2019-07-16  Authors: andrew harrer, bloomberg, getty images
Keywords: news, cnbc, companies, grills, facebooks, media, social, libra, hours, sherrod, sen, david, brown, site, marcus, questions, hearing


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Facebook’s David Marcus: US should take the lead in regulating Libra

Facebook’s David Marcus: US should take the lead in regulating Libra4 Hours AgoFacebook’s David Marcus testifies before Congress on the regulatory process of the new cryptocurrency, Libra.


Facebook’s David Marcus: US should take the lead in regulating Libra4 Hours AgoFacebook’s David Marcus testifies before Congress on the regulatory process of the new cryptocurrency, Libra.
Facebook’s David Marcus: US should take the lead in regulating Libra Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-16  Authors: andrew harrer, bloomberg, getty images
Keywords: news, cnbc, companies, facebooks, process, libra, hours, regulating, lead, david, regulatory, marcus, testifies, libra4


Facebook's David Marcus: US should take the lead in regulating Libra

Facebook’s David Marcus: US should take the lead in regulating Libra

4 Hours Ago

Facebook’s David Marcus testifies before Congress on the regulatory process of the new cryptocurrency, Libra.


Company: cnbc, Activity: cnbc, Date: 2019-07-16  Authors: andrew harrer, bloomberg, getty images
Keywords: news, cnbc, companies, facebooks, process, libra, hours, regulating, lead, david, regulatory, marcus, testifies, libra4


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Watch CNBC’s full interview with UK Chancellor Philip Hammond

Watch CNBC’s full interview with UK Chancellor Philip Hammond4 Hours AgoPhilip Hammond, U.K. Chancellor of the Exchequer, joins “Squawk Box” to discuss the biggest issues facing the economy, including the Fed’s monetary policy, Brexit and other geopolitical issues.


Watch CNBC’s full interview with UK Chancellor Philip Hammond4 Hours AgoPhilip Hammond, U.K. Chancellor of the Exchequer, joins “Squawk Box” to discuss the biggest issues facing the economy, including the Fed’s monetary policy, Brexit and other geopolitical issues.
Watch CNBC’s full interview with UK Chancellor Philip Hammond Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-15  Authors: jasper juinen, bloomberg, getty images
Keywords: news, cnbc, companies, issues, squawk, policy, uk, interview, cnbcs, philip, monetary, hammond, joins, chancellor, watch


Watch CNBC's full interview with UK Chancellor Philip Hammond

Watch CNBC’s full interview with UK Chancellor Philip Hammond

4 Hours Ago

Philip Hammond, U.K. Chancellor of the Exchequer, joins “Squawk Box” to discuss the biggest issues facing the economy, including the Fed’s monetary policy, Brexit and other geopolitical issues.


Company: cnbc, Activity: cnbc, Date: 2019-07-15  Authors: jasper juinen, bloomberg, getty images
Keywords: news, cnbc, companies, issues, squawk, policy, uk, interview, cnbcs, philip, monetary, hammond, joins, chancellor, watch


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Amazon workers are reportedly planning a Prime Day protest

Amazon employees in Minnesota are reportedly planning a strike on Prime Day this year, as the company is promoting its faster delivery options but not giving its workers enough credit, they say. Last year’s Prime Day was met with a massive strike by European employees that included workers in Spain, Poland, Germany, Italy and France. In the Minnesota facility, Bloomberg said workers, who are primarily East African Muslims, had been growing increasingly frustrated with Amazon not acknowledging th


Amazon employees in Minnesota are reportedly planning a strike on Prime Day this year, as the company is promoting its faster delivery options but not giving its workers enough credit, they say. Last year’s Prime Day was met with a massive strike by European employees that included workers in Spain, Poland, Germany, Italy and France. In the Minnesota facility, Bloomberg said workers, who are primarily East African Muslims, had been growing increasingly frustrated with Amazon not acknowledging th
Amazon workers are reportedly planning a Prime Day protest Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-08  Authors: lauren thomas
Keywords: news, cnbc, companies, reportedly, workers, 15, bloomberg, prime, amazon, working, minnesota, employees, protest, planning, strike, day


Amazon workers are reportedly planning a Prime Day protest

Amazon employees in Minnesota are reportedly planning a strike on Prime Day this year, as the company is promoting its faster delivery options but not giving its workers enough credit, they say.

Workers at an Amazon fulfillment center in Shakopee, Minnesota, have plotted to stop working for six hours on July 15, when the 48-hour Prime Day extravaganza kicks off, Bloomberg reported Monday after speaking with one of the people organizing the strike.

Amazon didn’t immediately respond to CNBC’s request for comment on this story.

Some engineers are planning to fly into Minnesota to join the strike, the report said. Activists there are going to be pushing Amazon to take action against things like climate change and giving more temporary workers the option to become full-time, it said.

In the past, Amazon has dealt with more worker retaliation in Europe, where labor unions have greater power. Last year’s Prime Day was met with a massive strike by European employees that included workers in Spain, Poland, Germany, Italy and France.

In the Minnesota facility, Bloomberg said workers, who are primarily East African Muslims, had been growing increasingly frustrated with Amazon not acknowledging their religious practices. Bloomberg reported organizers there ultimately were able to push Amazon to give workers lighter quotas during Ramadan and space for prayer. But they still think the labor conditions are too intense overall, it said.

The disruption on July 15, though it’s just planned for one area of the country, could empower other Amazon facilities to take a stand and do the same.

Though Amazon has raised its minimum wage for all U.S. employees to $15 per hour, the company has still been a target for its reportedly poor working conditions.

Read the full story from Bloomberg.


Company: cnbc, Activity: cnbc, Date: 2019-07-08  Authors: lauren thomas
Keywords: news, cnbc, companies, reportedly, workers, 15, bloomberg, prime, amazon, working, minnesota, employees, protest, planning, strike, day


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Trump considers bypassing Congress to cut capital gains tax on wealthy, report says

President Donald Trump in the Oval Office of the White House in Washington, DC. President Donald Trump is considering bypassing Congress to cut capital gains taxes by changing the way they are calculated, Bloomberg reported Thursday, citing people familiar with the matter. Trump’s chief economic advisor Larry Kudlow is a longtime proponent of lowering the capital gains tax, claiming it would raise revenue. Bush’s Treasury Department considered cutting the capital gains tax without Congress in 19


President Donald Trump in the Oval Office of the White House in Washington, DC. President Donald Trump is considering bypassing Congress to cut capital gains taxes by changing the way they are calculated, Bloomberg reported Thursday, citing people familiar with the matter. Trump’s chief economic advisor Larry Kudlow is a longtime proponent of lowering the capital gains tax, claiming it would raise revenue. Bush’s Treasury Department considered cutting the capital gains tax without Congress in 19
Trump considers bypassing Congress to cut capital gains tax on wealthy, report says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-27  Authors: marc rod, john harwood
Keywords: news, cnbc, companies, bloomberg, house, according, considers, white, gains, cut, report, wealthy, congress, department, capital, trump, administration, bypassing, tax


Trump considers bypassing Congress to cut capital gains tax on wealthy, report says

President Donald Trump in the Oval Office of the White House in Washington, DC.

President Donald Trump is considering bypassing Congress to cut capital gains taxes by changing the way they are calculated, Bloomberg reported Thursday, citing people familiar with the matter.

Under the plan, profits on investments would be indexed to inflation, Bloomberg reported. This would slash taxes primarily for wealthy investors selling assets like stock or real estate by not taxing income based on appreciation from inflation.

The change, which Bloomberg said would be enacted through an executive order or rule change, would likely face legal challenges. Administration officials are split over whether to pursue it, the report said.

The White House has not yet consulted the Justice Department on the legality of such a move, Bloomberg said.

The White House, Treasury, IRS, and Department of Justice did not immediately respond to CNBC’s requests for comment.

Trump’s chief economic advisor Larry Kudlow is a longtime proponent of lowering the capital gains tax, claiming it would raise revenue. Kudlow has reportedly floated the idea of cutting the tax through an executive order, according to The Wall Street Journal.

Treasury Secretary Steven Mnuchin told the Journal last year that the administration does not have a position on indexing capital gains, but he indicated openness to it.

“There’s obviously a benefit to taxpayers because it lowers the tax,” he said. “There’s obviously a revenue impact associated with that.”

Advocates of the plan within the administration are pushing to move forward prior to the 2020 presidential election, according to Bloomberg.

President George H.W. Bush’s Treasury Department considered cutting the capital gains tax without Congress in 1992, but the department’s lawyers said the government did not have the authority to do so, according to the Journal.

Several 2020 Democratic candidates, including Sens. Bernie Sanders, Amy Klobuchar and Corey Booker, support raising the capital gains tax.


Company: cnbc, Activity: cnbc, Date: 2019-06-27  Authors: marc rod, john harwood
Keywords: news, cnbc, companies, bloomberg, house, according, considers, white, gains, cut, report, wealthy, congress, department, capital, trump, administration, bypassing, tax


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Watch CNBC’s full interview with LinkedIn CEO Jeff Weiner

Watch CNBC’s full interview with LinkedIn CEO Jeff Weiner11:55 AM ET Wed, 19 June 2019LinkedIn CEO Jeff Weiner sat down with CNBC’s Jon Fortt at the NYSE. They discussed the company’s growth, future and changes they’ve seen since the company was sold to Microsoft in 2016.


Watch CNBC’s full interview with LinkedIn CEO Jeff Weiner11:55 AM ET Wed, 19 June 2019LinkedIn CEO Jeff Weiner sat down with CNBC’s Jon Fortt at the NYSE. They discussed the company’s growth, future and changes they’ve seen since the company was sold to Microsoft in 2016.
Watch CNBC’s full interview with LinkedIn CEO Jeff Weiner Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-19  Authors: bloomberg, getty images
Keywords: news, cnbc, companies, ceo, weiner, interview, linkedin, watch, theyve, weiner1155, seen, sold, nyse, cnbcs, jeff


Watch CNBC's full interview with LinkedIn CEO Jeff Weiner

Watch CNBC’s full interview with LinkedIn CEO Jeff Weiner

11:55 AM ET Wed, 19 June 2019

LinkedIn CEO Jeff Weiner sat down with CNBC’s Jon Fortt at the NYSE. They discussed the company’s growth, future and changes they’ve seen since the company was sold to Microsoft in 2016.


Company: cnbc, Activity: cnbc, Date: 2019-06-19  Authors: bloomberg, getty images
Keywords: news, cnbc, companies, ceo, weiner, interview, linkedin, watch, theyve, weiner1155, seen, sold, nyse, cnbcs, jeff


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These 15 cities boast the best 20-year returns on home values

Depending where you live, staying put in your home for the last two decades could be paying off well. As in really well. While the median nationwide home value is about 90% higher now than it was in 1999 — $226,800 compared with about $119,000 — some spots boast values that have jumped far more than that. In some places, the gain is more than 300% or even 400%. However, that doesn’t take into consideration other housing costs that can eat into profits: property taxes, maintenance or improvements


Depending where you live, staying put in your home for the last two decades could be paying off well. As in really well. While the median nationwide home value is about 90% higher now than it was in 1999 — $226,800 compared with about $119,000 — some spots boast values that have jumped far more than that. In some places, the gain is more than 300% or even 400%. However, that doesn’t take into consideration other housing costs that can eat into profits: property taxes, maintenance or improvements
These 15 cities boast the best 20-year returns on home values Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-13  Authors: sarah obrien, david paul morris, bloomberg, getty images, jim r bounds
Keywords: news, cnbc, companies, best, value, spots, 15, returns, boast, staying, profits, wellwhile, property, thatin, really, values, 20year, taxes, cities


These 15 cities boast the best 20-year returns on home values

Depending where you live, staying put in your home for the last two decades could be paying off well. As in really well.

While the median nationwide home value is about 90% higher now than it was in 1999 — $226,800 compared with about $119,000 — some spots boast values that have jumped far more than that.

In some places, the gain is more than 300% or even 400%. However, that doesn’t take into consideration other housing costs that can eat into profits: property taxes, maintenance or improvements.


Company: cnbc, Activity: cnbc, Date: 2019-06-13  Authors: sarah obrien, david paul morris, bloomberg, getty images, jim r bounds
Keywords: news, cnbc, companies, best, value, spots, 15, returns, boast, staying, profits, wellwhile, property, thatin, really, values, 20year, taxes, cities


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Bill Gates: A key to Warren Buffett’s success is ‘something anyone could do’

Warren Buffett is anything but average: The legendary investor has an approximate net worth of $82 billion, making him the third richest person in the world. A key to Buffett’s extraordinary success, though, is a refreshingly simple habit and “something anyone can do,” his longtime friend Bill Gates pointed out in a recent blog post: He reads every day. Buffett, who spends between five and six hours a day paging through books and newspapers, finds it “enjoyable to think about business and invest


Warren Buffett is anything but average: The legendary investor has an approximate net worth of $82 billion, making him the third richest person in the world. A key to Buffett’s extraordinary success, though, is a refreshingly simple habit and “something anyone can do,” his longtime friend Bill Gates pointed out in a recent blog post: He reads every day. Buffett, who spends between five and six hours a day paging through books and newspapers, finds it “enjoyable to think about business and invest
Bill Gates: A key to Warren Buffett’s success is ‘something anyone could do’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-03  Authors: kathleen elkins, daniel acker, bloomberg, getty images, gp images, getty image
Keywords: news, cnbc, companies, buffetts, susan, loves, warren, simple, everybody, gates, buffett, business, worth, competitive, success, bill, read, key


Bill Gates: A key to Warren Buffett's success is 'something anyone could do'

Warren Buffett is anything but average: The legendary investor has an approximate net worth of $82 billion, making him the third richest person in the world. At 88, he still runs Berkshire Hathaway, his holding company that owns businesses like Geico, Dairy Queen and See’s Candies.

A key to Buffett’s extraordinary success, though, is a refreshingly simple habit and “something anyone can do,” his longtime friend Bill Gates pointed out in a recent blog post: He reads every day.

Buffett, who spends between five and six hours a day paging through books and newspapers, finds it “enjoyable to think about business and investment problems,” he says in HBO’s documentary “Becoming Warren Buffett.”

Plus, staying up to date on business news and current events is a relatively simple way to gain a competitive advantage. “Everybody can read what I read. It is a level playing field,” Buffett used to tell his late wife, Susan Buffett, according to the HBO documentary.

“And he loves that because he is competitive,” Susan said of Buffett. “He’s sitting there all by himself in his office, reading these things that everybody else can read, but he loves the idea that he is going to win.”


Company: cnbc, Activity: cnbc, Date: 2019-06-03  Authors: kathleen elkins, daniel acker, bloomberg, getty images, gp images, getty image
Keywords: news, cnbc, companies, buffetts, susan, loves, warren, simple, everybody, gates, buffett, business, worth, competitive, success, bill, read, key


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Meet the 2019 CNBC Disruptor 50 companies

In the seventh annual Disruptor 50 list, CNBC features private companies — from biotech and machine learning to transportation, retail and agriculture — whose innovations are changing the world and fueling a race between superpowers like the U.S. and China. These forward-thinking start-ups have not only identified unexploited niches in the market that have the potential to become billion-dollar businesses, a majority of them already are billion-dollar businesses. But we ranked those venture capi


In the seventh annual Disruptor 50 list, CNBC features private companies — from biotech and machine learning to transportation, retail and agriculture — whose innovations are changing the world and fueling a race between superpowers like the U.S. and China. These forward-thinking start-ups have not only identified unexploited niches in the market that have the potential to become billion-dollar businesses, a majority of them already are billion-dollar businesses. But we ranked those venture capi
Meet the 2019 CNBC Disruptor 50 companies Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-15  Authors: cnbccom staff, george kavallines, source, indigo agriculture, prakash singh, afp, getty images, michael nagle, bloomberg, chesnot
Keywords: news, cnbc, companies, disruptor, billiondollar, world, businesses, 2019, market, companies, 50, list, billion, meet, venture


Meet the 2019 CNBC Disruptor 50 companies

In the seventh annual Disruptor 50 list, CNBC features private companies — from biotech and machine learning to transportation, retail and agriculture — whose innovations are changing the world and fueling a race between superpowers like the U.S. and China. These forward-thinking start-ups have not only identified unexploited niches in the market that have the potential to become billion-dollar businesses, a majority of them already are billion-dollar businesses. A startling 36 disruptors this year are unicorns that have already reached or passed the billion-dollar mark.

Unseating corporate giants is no easy feat. But we ranked those venture capital–backed companies doing the best job. In aggregate, these 50 companies have raised over $46 billion in venture capital at an implied Disruptor 50 list market valuation of more than $266 billion, according to PitchBook data. Many already are part of our daily lives, whether or not we know it. Read more about the trends that stand out in the 2019 list ranking — from the future of farming and residential real estate to the battles for control in the rapidly growing artificial intelligence and genetics industries — and the methodology used to select this year’s Disruptor companies.


Company: cnbc, Activity: cnbc, Date: 2019-05-15  Authors: cnbccom staff, george kavallines, source, indigo agriculture, prakash singh, afp, getty images, michael nagle, bloomberg, chesnot
Keywords: news, cnbc, companies, disruptor, billiondollar, world, businesses, 2019, market, companies, 50, list, billion, meet, venture


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