Indian lawmakers summon Facebook officials over citizens’ rights protection

An Indian parliamentary panel has summoned representatives of Facebook Inc, its messaging services WhatsApp and photo-sharing app Instagram to appear before it early next month and discuss how to safeguard citizens’ rights on social media. The subject would be “safeguarding citizens’ rights on social or online news media platforms,” it added. It was not immediately clear whether the panel had asked Indian or global executives of the three firms to appear. The panel has previously summoned social


An Indian parliamentary panel has summoned representatives of Facebook Inc, its messaging services WhatsApp and photo-sharing app Instagram to appear before it early next month and discuss how to safeguard citizens’ rights on social media. The subject would be “safeguarding citizens’ rights on social or online news media platforms,” it added. It was not immediately clear whether the panel had asked Indian or global executives of the three firms to appear. The panel has previously summoned social
Indian lawmakers summon Facebook officials over citizens’ rights protection Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: guillermo gutierrez, getty images
Keywords: news, cnbc, companies, media, whatsapp, summoned, summon, officials, facebook, panel, twitter, protection, indian, social, online, rights, citizens, lawmakers, parliamentary, services


Indian lawmakers summon Facebook officials over citizens' rights protection

An Indian parliamentary panel has summoned representatives of Facebook Inc, its messaging services WhatsApp and photo-sharing app Instagram to appear before it early next month and discuss how to safeguard citizens’ rights on social media.

Social media in the world’s largest democracy have become a hotbed for circulation of fake political news and tech firms face intense scrutiny ahead of a general election due before May, where Prime Minister Narendra Modi will seek a second term.

In a circular late on Thursday, the parliamentary committee on information technology, chaired by Anurag Thakur, a lawmaker from Modi’s ruling Bharatiya Janata Party, said it would hear the views of officials from Facebook and its units on March 6.

The subject would be “safeguarding citizens’ rights on social or online news media platforms,” it added.

It was not immediately clear whether the panel had asked Indian or global executives of the three firms to appear.

Facebook declined to comment, while WhatsApp and Instagram did not immediately respond to a request for comment.

The panel has previously summoned social network Twitter Inc’s Chief Executive Jack Dorsey to appear on Monday to discuss the same topic.

“These are issues for all Internet services globally,” Twitter said on Friday, adding that Colin Crowell, its global vice president of public policy, is to meet the panel on Monday.

Facebook, WhatsApp and Twitter have overhauled policies to boost transparency ahead of the general election and rein in misinformation.

Alphabet Inc’s Google this week launched a program to train journalists in areas such as online verification and fact checking before the polls.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: guillermo gutierrez, getty images
Keywords: news, cnbc, companies, media, whatsapp, summoned, summon, officials, facebook, panel, twitter, protection, indian, social, online, rights, citizens, lawmakers, parliamentary, services


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How health-care costs us $89 billion a year in lost time

The travel and wait times remained consistently high over the last decade, despite the expansion of new alternatives like urgent care clinics and access to physician visits via telemedicine for nonemergencies. By comparison, combined travel and wait times for government services like getting a driver’s license averaged about 30 minutes over the same period, and about 15 minutes for banking services. Altarum estimates that the economic impact of all that time spent on travel and waiting for healt


The travel and wait times remained consistently high over the last decade, despite the expansion of new alternatives like urgent care clinics and access to physician visits via telemedicine for nonemergencies. By comparison, combined travel and wait times for government services like getting a driver’s license averaged about 30 minutes over the same period, and about 15 minutes for banking services. Altarum estimates that the economic impact of all that time spent on travel and waiting for healt
How health-care costs us $89 billion a year in lost time Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: bertha coombs, bloomberg, getty images
Keywords: news, cnbc, companies, health, spent, waiting, decade, travel, care, costs, 89, times, minutes, billion, average, wait, healthcare, lost


How health-care costs us $89 billion a year in lost time

Americans spend more time traveling and waiting for health appointments than for any other service, including getting a driver’s license at motor vehicle agencies, according to a new study by health research firm Altarum.

On average, Americans spent 34 minutes to traveling to doctor appointments and the 11 minutes waiting to be seen once they got there, according to Altarum’s analysis of data from the Bureau of Labor Statistics’ American Time Use Survey from 2006 through 2017.

The travel and wait times remained consistently high over the last decade, despite the expansion of new alternatives like urgent care clinics and access to physician visits via telemedicine for nonemergencies.

By comparison, combined travel and wait times for government services like getting a driver’s license averaged about 30 minutes over the same period, and about 15 minutes for banking services.

Altarum estimates that the economic impact of all that time spent on travel and waiting for health care was nearly $1 trillion over the last decade, or an average of $89 billion a year, when quantified in average hourly wages.

“When you’re talking about total time spent on health-care activities, but then more specifically travel and wait times, … there’s virtually no change” over the last decade, said Corey Rhyan, a senior analyst at Altarum’s center for value in health care.

But for some, the loss may be even bigger than time and money.

“You have to have patients who actually don’t seek out care because … they’re an employee that doesn’t have the luxury to take time off to get care, so they forgo care,” Rhyan said.

Altarum researchers say one thing that could help reduce wait times is if doctor’s offices adopted the practice of alerting patients when appointments are running late so they can better plan their visits.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: bertha coombs, bloomberg, getty images
Keywords: news, cnbc, companies, health, spent, waiting, decade, travel, care, costs, 89, times, minutes, billion, average, wait, healthcare, lost


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Tesla begins Model 3 delivery in China ahead of schedule

Tesla announced Friday during an event in Beijing that it’s beginning delivery of the Model 3 in China, at least a week earlier than expected. Elon Musk’s electric car company said in January it planned to start deliveries of the vehicle in China in March. State-funded Chinese news site The Paper also reported Friday that a ship carrying more than 1,600 Model 3 vehicles had arrived in Shanghai. In January, Tesla broke ground on its factory in Shanghai and production is expected to begin in the s


Tesla announced Friday during an event in Beijing that it’s beginning delivery of the Model 3 in China, at least a week earlier than expected. Elon Musk’s electric car company said in January it planned to start deliveries of the vehicle in China in March. State-funded Chinese news site The Paper also reported Friday that a ship carrying more than 1,600 Model 3 vehicles had arrived in Shanghai. In January, Tesla broke ground on its factory in Shanghai and production is expected to begin in the s
Tesla begins Model 3 delivery in China ahead of schedule Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: evelyn cheng, mason trinca, the washington post, getty images
Keywords: news, cnbc, companies, china, schedule, model, ahead, worlds, electric, begins, vehicles, tesla, company, delivery, yearthe, week, chinese


Tesla begins Model 3 delivery in China ahead of schedule

Tesla announced Friday during an event in Beijing that it’s beginning delivery of the Model 3 in China, at least a week earlier than expected.

Elon Musk’s electric car company said in January it planned to start deliveries of the vehicle in China in March.

State-funded Chinese news site The Paper also reported Friday that a ship carrying more than 1,600 Model 3 vehicles had arrived in Shanghai.

In January, Tesla broke ground on its factory in Shanghai and production is expected to begin in the second half of this year.

The company has said manufacturing in the world’s largest market for electric cars would help reduce transport and tariff costs. The automaker said in October it operates at a 55 percent to 60 percent cost disadvantage compared with its Chinese peers.

Tesla’s revenues from China fell 13 percent last year to $1.8 billion, the company disclosed in a filing with the U.S. Securities and Exchange Commission on Feb. 19.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: evelyn cheng, mason trinca, the washington post, getty images
Keywords: news, cnbc, companies, china, schedule, model, ahead, worlds, electric, begins, vehicles, tesla, company, delivery, yearthe, week, chinese


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Supreme Court considers whether giant World War I memorial cross can stay

If the U.S. Supreme Court took a light touch on cultural issues following the contentious confirmation hearings of Justice Brett Kavanaugh this fall, the period of restraint didn’t last long. The justices next week are set to hear arguments over whether a giant, four-story World War I memorial cross located in a busy Maryland intersection and maintained by the government can remain standing. The litigation concerns a 40-foot-tall, 16-ton cross-shaped memorial to veterans of the first World War.


If the U.S. Supreme Court took a light touch on cultural issues following the contentious confirmation hearings of Justice Brett Kavanaugh this fall, the period of restraint didn’t last long. The justices next week are set to hear arguments over whether a giant, four-story World War I memorial cross located in a busy Maryland intersection and maintained by the government can remain standing. The litigation concerns a 40-foot-tall, 16-ton cross-shaped memorial to veterans of the first World War.
Supreme Court considers whether giant World War I memorial cross can stay Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: tucker higgins, eric baradat, afp, getty images
Keywords: news, cnbc, companies, court, supreme, justice, considers, war, religious, cross, memorial, monument, took, stay, giant, veterans, world, case


Supreme Court considers whether giant World War I memorial cross can stay

If the U.S. Supreme Court took a light touch on cultural issues following the contentious confirmation hearings of Justice Brett Kavanaugh this fall, the period of restraint didn’t last long.

The justices next week are set to hear arguments over whether a giant, four-story World War I memorial cross located in a busy Maryland intersection and maintained by the government can remain standing.

The case, which touches at the core of the First Amendment’s Establishment Clause, is the most significant dispute over a public monument to reach the top court since Chief Justice John Roberts took the helm.

It comes before the court in the wake of controversial orders connected to abortion and a Muslim inmate’s religious rights during execution, and just a month after the justices said they would hear their first major gun-control case in nearly a decade.

The case also comes amid heightened focus on the First Amendment. Earlier this month, Chief Justice John Roberts declared himself “the most aggressive defender” of the First Amendment in public remarks, while Justice Clarence Thomas took aim at one of the court’s most important press freedom rulings.

The litigation concerns a 40-foot-tall, 16-ton cross-shaped memorial to veterans of the first World War. The cross sits at the entrance to the town of Bladensburg, where it has been since 1925. Its maintenance is funded by a government agency that has spent just over $100,000 on the monument since 1985.

Opponents of the cross say it violates the Constitution’s wall of separation between government and religion. They include humanists, whose philosophy rejects theism, and Jewish veterans.

In 2014, the American Humanist Association and several local humanists challenged the monument, arguing that the cross demonstrated government favoritism of Christianity over other religions. They say that the monument must be transferred to private property or reshaped into an obelisk by lopping off its crossbar.

The American Legion and the Maryland-National Capital Park and Planning Commission are arguing that the monument should stay. The cross, though it incorporates religious imagery, is a “powerful symbol of the fallen,” they say.

Lined up behind the defenders of the cross are a host of veterans groups and more than 80 members of Congress, including two dozen U.S. senators led by Republican Ted Cruz of Texas, as well as more than two dozen U.S. states.

In a brief, the lawmakers quote a 1952 Establishment Clause case to argue that they were elected to represent “religious people whose institutions presuppose a Supreme Being.”

The lawmakers and others defending the cross said that an unfavorable ruling could jeopardize hundreds of monuments across the country, such as the Ground Zero Cross in Manhattan and prominent crosses in Arlington National Cemetery.

Meanwhile, a Jewish veterans group has told the court that for Jewish veterans, the memorial serves as a “reminder of the promise of salvation that they do not accept and from which they are excluded.”

“No one would think that a war memorial consisting of a large Star of David was intended to honor the sacrifice of Christian soldiers,” they wrote.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: tucker higgins, eric baradat, afp, getty images
Keywords: news, cnbc, companies, court, supreme, justice, considers, war, religious, cross, memorial, monument, took, stay, giant, veterans, world, case


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Frenemies BMW, Daimler team up on ride-sharing, mobility services as partnerships become the norm

Traditionally fierce rivals, BMW and Daimler are teaming up to challenge a new wave of high-tech competitors, such as Uber and Alphabet’s Waymo unit, by launching five mobility services joint ventures. Virtually every major automaker has now launched some form of mobility services program, whether independently or in partnership. But the challenges are significant, as Ford Motor learned before the recent announcement that it was killing off its own ride-sharing service, Chariot. As part of the n


Traditionally fierce rivals, BMW and Daimler are teaming up to challenge a new wave of high-tech competitors, such as Uber and Alphabet’s Waymo unit, by launching five mobility services joint ventures. Virtually every major automaker has now launched some form of mobility services program, whether independently or in partnership. But the challenges are significant, as Ford Motor learned before the recent announcement that it was killing off its own ride-sharing service, Chariot. As part of the n
Frenemies BMW, Daimler team up on ride-sharing, mobility services as partnerships become the norm Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: paul a eisenstein, sean gallup, getty images
Keywords: news, cnbc, companies, venture, frenemies, vehicles, vehicle, partnerships, bmw, norm, daimler, ridesharing, mobility, team, service, services, carsharing


Frenemies BMW, Daimler team up on ride-sharing, mobility services as partnerships become the norm

Traditionally fierce rivals, BMW and Daimler are teaming up to challenge a new wave of high-tech competitors, such as Uber and Alphabet’s Waymo unit, by launching five mobility services joint ventures.

The two German-based luxury automakers first announced plans to team up last spring and are now ready to set in motion projects including ride- and car-sharing, as well as electric vehicle charging. The project, which is expected to see them invest a combined 1 billion euros, or $1.13 billion, will also create an initial 1,000 new jobs, BMW and Daimler announced at news conference Friday morning in Frankfurt.

The project reflects the dramatic shift expected to transform the auto industry over the coming decade and, in the process, it threatens to sharply reduce new vehicle sales. The Boston Consulting Group, for example, has estimated that nearly a third of the miles that Americans will clock on the road by 2030 will be in electrified, autonomous vehicles operated by ride-sharing services.

Virtually every major automaker has now launched some form of mobility services program, whether independently or in partnership. But the challenges are significant, as Ford Motor learned before the recent announcement that it was killing off its own ride-sharing service, Chariot.

As part of the new joint venture, Daimler will merge its Car2Go car-sharing service with an assortment of mobility services operations at BMW. Going forward, the new program will focus on five areas:

Free Now, an Uber-style ride-sharing service;

Share Now, which will replace and expand Car2Go’s car-sharing operations;

Charge Now, an electric vehicle charging network;

Park Now, a service that will help motorists not just find available parking but even book a space ahead of time; and

Reach Now, a smartphone-based route management and transportation service.

“These five services will merge ever more closely to form a single mobility service portfolio with an all-electric, self-driving fleet of vehicles that charge and park autonomously,” said BMW Chief Executive Harald Krueger.

Exactly how the new world of mobility services will shake out is far from certain, but both BMW and Daimler have expressed a desire to get out into the forefront. Not all of their efforts will be included in the new venture. They will, for example, maintain separate programs for the development of both battery-electric and self-driving vehicles – though even there, they have found ways to work together, both German companies investing in the purchase of Nokia’s former high-resolution mapping service, a technology considered essential for autonomous vehicles.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: paul a eisenstein, sean gallup, getty images
Keywords: news, cnbc, companies, venture, frenemies, vehicles, vehicle, partnerships, bmw, norm, daimler, ridesharing, mobility, team, service, services, carsharing


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Tesla begins Model 3 delivery in China ahead of schedule

Tesla announced Friday during an event in Beijing that it’s beginning delivery of the Model 3 in China, at least a week earlier than expected. Elon Musk’s electric car company said in January it planned to start deliveries of the vehicle in China in March. State-funded Chinese news site The Paper also reported Friday that a ship carrying more than 1,600 Model 3 vehicles had arrived in Shanghai. In January, Tesla broke ground on its factory in Shanghai and production is expected to begin in the s


Tesla announced Friday during an event in Beijing that it’s beginning delivery of the Model 3 in China, at least a week earlier than expected. Elon Musk’s electric car company said in January it planned to start deliveries of the vehicle in China in March. State-funded Chinese news site The Paper also reported Friday that a ship carrying more than 1,600 Model 3 vehicles had arrived in Shanghai. In January, Tesla broke ground on its factory in Shanghai and production is expected to begin in the s
Tesla begins Model 3 delivery in China ahead of schedule Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: evelyn cheng, mason trinca, the washington post, getty images
Keywords: news, cnbc, companies, china, schedule, model, ahead, worlds, electric, begins, vehicles, tesla, company, delivery, yearthe, week, chinese


Tesla begins Model 3 delivery in China ahead of schedule

Tesla announced Friday during an event in Beijing that it’s beginning delivery of the Model 3 in China, at least a week earlier than expected.

Elon Musk’s electric car company said in January it planned to start deliveries of the vehicle in China in March.

State-funded Chinese news site The Paper also reported Friday that a ship carrying more than 1,600 Model 3 vehicles had arrived in Shanghai.

In January, Tesla broke ground on its factory in Shanghai and production is expected to begin in the second half of this year.

The company has said manufacturing in the world’s largest market for electric cars would help reduce transport and tariff costs. The automaker said in October it operates at a 55 percent to 60 percent cost disadvantage compared with its Chinese peers.

Tesla’s revenues from China fell 13 percent last year to $1.8 billion, the company disclosed in a filing with the U.S. Securities and Exchange Commission on Feb. 19.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: evelyn cheng, mason trinca, the washington post, getty images
Keywords: news, cnbc, companies, china, schedule, model, ahead, worlds, electric, begins, vehicles, tesla, company, delivery, yearthe, week, chinese


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VW CEO says he hopes he’s done enough to please Trump and avoid tariffs

VW CEO: We want more of U.S. market share 2 Hours Ago | 02:35Volkswagen Group Chief Executive Herbert Diess told CNBC Friday that he hopes the German auto firm has done enough to please President Donald Trump and avoid punitive import tariffs. Washington is currently holding out for fresh trade talks with the European Union and has said if it’s not satisfied it could slap tariffs on EU cars and parts coming into the United States. Trump has complained about German cars’ presence on U.S. streets


VW CEO: We want more of U.S. market share 2 Hours Ago | 02:35Volkswagen Group Chief Executive Herbert Diess told CNBC Friday that he hopes the German auto firm has done enough to please President Donald Trump and avoid punitive import tariffs. Washington is currently holding out for fresh trade talks with the European Union and has said if it’s not satisfied it could slap tariffs on EU cars and parts coming into the United States. Trump has complained about German cars’ presence on U.S. streets
VW CEO says he hopes he’s done enough to please Trump and avoid tariffs Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: david reid, getty images
Keywords: news, cnbc, companies, trump, ceo, states, german, diess, vw, united, avoid, billion, import, hes, tariffs, hopes, market


VW CEO says he hopes he's done enough to please Trump and avoid tariffs

VW CEO: We want more of U.S. market share 2 Hours Ago | 02:35

Volkswagen Group Chief Executive Herbert Diess told CNBC Friday that he hopes the German auto firm has done enough to please President Donald Trump and avoid punitive import tariffs.

Washington is currently holding out for fresh trade talks with the European Union and has said if it’s not satisfied it could slap tariffs on EU cars and parts coming into the United States. Trump has complained about German cars’ presence on U.S. streets and tweeted threats to tax European, and particularly German, vehicles.

Diess has said import tariffs could cost VW as much 2.5 billion euros ($2.8 billion) each year.

The German firm announced in January that it’s investing $800 million in its factory in Chattanooga, Tennessee to prepare the location for the production of new electric cars.

Speaking to CNBC’s Annette Weisbach at VW’s Wolfsburg headquarters, the German car chief said the investment appeared to please the U.S. president.

“We received a positive tweet,” said Diess, before adding that he hoped VW would “do everything to avoid import taxes.”

Diess added that currently VW only has a 4 percent market share in the United States and is committed to growing that number to become a “volume producer.”

On a global basis VW Group posted 2018 full-year revenues of 235.8 billion euros on Friday. In its outlook for 2019, Diess said he expected a challenging year but predicted sales to rise by around 5 percent.

The key market of China could prove a challenge, however, with Diess admitting that sales there had slowed in the final quarter of 2018 and January 2019 had witnessed a 10 percent slump year-on-year.

Shares of Volkswagen initially rose after the news, but were 0.25 percent lower by 3:45 p.m. London time on Friday afternoon.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: david reid, getty images
Keywords: news, cnbc, companies, trump, ceo, states, german, diess, vw, united, avoid, billion, import, hes, tariffs, hopes, market


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MWC 2019 preview: Foldable phones, 5G, AI

Samsung revealed its highly-anticipated Galaxy Fold this week, and it’s possible other companies will come out with their own foldable devices at MWC. Huawei, which has previously said it will release a foldable device this year, will host a launch event Sunday afternoon in Barcelona. The Chinese tech giant’s social media accounts have hinted a foldable device could be the main event. In addition to trying to get their hands on any foldable devices, MWC attendees will be looking at their price t


Samsung revealed its highly-anticipated Galaxy Fold this week, and it’s possible other companies will come out with their own foldable devices at MWC. Huawei, which has previously said it will release a foldable device this year, will host a launch event Sunday afternoon in Barcelona. The Chinese tech giant’s social media accounts have hinted a foldable device could be the main event. In addition to trying to get their hands on any foldable devices, MWC attendees will be looking at their price t
MWC 2019 preview: Foldable phones, 5G, AI Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: elizabeth schulze, josep lago, afp, getty images
Keywords: news, cnbc, companies, revealed, device, phones, host, preview, week, galaxy, fold, 2019, mwc, foldable, devices, 5g, phone, ai, event


MWC 2019 preview: Foldable phones, 5G, AI

Samsung revealed its highly-anticipated Galaxy Fold this week, and it’s possible other companies will come out with their own foldable devices at MWC.

Huawei, which has previously said it will release a foldable device this year, will host a launch event Sunday afternoon in Barcelona. The Chinese tech giant’s social media accounts have hinted a foldable device could be the main event.

Xiaomi, another Chinese phone maker, has already revealed a prototype of a foldable tablet that can turn into a phone. The company will also host an event on Sunday in Barcelona where it could show off the device. Earlier this week Xiaomi released its flagship Mi 9 smartphone in China.

In addition to trying to get their hands on any foldable devices, MWC attendees will be looking at their price tags. Samsung’s Galaxy Fold will cost an eye-popping $1,980, and analysts say other foldable devices could be equally expensive.

“Foldable screens will accelerate the convergence between smartphones, tablets and laptops, progressively unleashing a new form factor,” Thomas Husson, vice president and principal analyst at Forrester, told CNBC in an email.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: elizabeth schulze, josep lago, afp, getty images
Keywords: news, cnbc, companies, revealed, device, phones, host, preview, week, galaxy, fold, 2019, mwc, foldable, devices, 5g, phone, ai, event


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Pfizer exec Sally Susman to host presidential fundraiser for Democrat Kirsten Gillibrand

A senior executive at pharmaceutical giant Pfizer will host a campaign fundraiser for Democratic presidential candidate Sen. Kirsten Gillibrand of New York, CNBC has learned. The Pfizer executive was also a lead bundler for President Barack Obama’s 2012 re-election campaign, according to the nonpartisan Center for Responsive Politics. “Sally Susman is major Democratic fundraiser,” said a New York donor familiar with the planned gathering. Meredith Kelly, a spokeswoman for the Gillibrand campaign


A senior executive at pharmaceutical giant Pfizer will host a campaign fundraiser for Democratic presidential candidate Sen. Kirsten Gillibrand of New York, CNBC has learned. The Pfizer executive was also a lead bundler for President Barack Obama’s 2012 re-election campaign, according to the nonpartisan Center for Responsive Politics. “Sally Susman is major Democratic fundraiser,” said a New York donor familiar with the planned gathering. Meredith Kelly, a spokeswoman for the Gillibrand campaign
Pfizer exec Sally Susman to host presidential fundraiser for Democrat Kirsten Gillibrand Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: brian schwartz, scott olson, getty images news, getty images
Keywords: news, cnbc, companies, fundraiser, host, campaign, gillibrand, gillibrands, executive, york, pfizer, president, presidential, shes, susman, exec, kirsten, sally, democrat


Pfizer exec Sally Susman to host presidential fundraiser for Democrat Kirsten Gillibrand

A senior executive at pharmaceutical giant Pfizer will host a campaign fundraiser for Democratic presidential candidate Sen. Kirsten Gillibrand of New York, CNBC has learned.

Gillibrand is slated to attend a March 31 fundraiser at the New York home of Sally Susman, Pfizer’s executive vice president and chief corporate affairs officer, according to people with direct knowledge of the matter. Ticket prices range from $1,000 to $2,700, these people added.

Susman, who supported Gillibrand’s Senate runs, has also been privately telling friends she’s likely to fully support Gillibrand’s presidential bid, according to one of the people familiar with the discussions. The Pfizer executive was also a lead bundler for President Barack Obama’s 2012 re-election campaign, according to the nonpartisan Center for Responsive Politics.

“Sally Susman is major Democratic fundraiser,” said a New York donor familiar with the planned gathering. “Having her in your corner is a good get, and, at the end of the day, Kirsten’s got to show that she has real support in New York.”

A Pfizer spokeswoman declined to comment. Meredith Kelly, a spokeswoman for the Gillibrand campaign, did not return repeated requests for comment.

The fundraiser comes at a time when Gillibrand and many other 2020 hopefuls are trying to distance themselves from big money donors and appeal to grassroots voters who usually donate less than $200.

On the night of her announcement declaring she will run for president, Gillibrand tweeted that her campaign had successfully raked in small donations from all 50 states and promised not to accept contributions from political action committees run by corporations.

Among all the candidates running for the White House, Sen. Bernie Sanders has had the most success appealing to small-dollar donors. His campaign announced this week he raised just shy of $6 million in the first 24 hours of his bid for president with an average donation of $27. Gillibrand’s campaign has yet to announce her fundraising totals, and even though she’s still in the exploratory phase of her campaign, she has repeatedly said she’s running for president.

Throughout Gillibrand’s last run for Senate, 32 percent of her donations came from voters who wrote checks for less than $200, data from the nonpartisan Center for Responsive Politics show. She raised just over 59 percent through larger contributions. Employees at Pfizer gave a total $75,345 to Gillibrand’s campaign last year, and the company PAC gave $5,000.

Her alliance with Susman could benefit Gillibrand as she tries to appeal to the LGBTQ community. Susman is an openly gay executive and a member of Out Leadership, a business networking organization for up-and-coming LGBTQ corporate leaders.

Susman also comes from a family of powerful Democratic financiers, potentially giving Gillibrand exclusive access to a wide network of donors she will need in what will likely be an expensive primary.

Her father, Louis Susman, was ambassador to the Court of St. James’s under Obama. Prior to his role in the administration he was a senior advisor to Obama and the national finance chairman for John Kerry’s 2004 campaign for president. Louis Susman reportedly helped raise $244 million for Kerry’s presidential bid.


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: brian schwartz, scott olson, getty images news, getty images
Keywords: news, cnbc, companies, fundraiser, host, campaign, gillibrand, gillibrands, executive, york, pfizer, president, presidential, shes, susman, exec, kirsten, sally, democrat


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Microsoft says employers will look for these 3 skills as A.I. changes the workforce

There’s no doubt that Artificial Intelligence is changing the workforce. As many as 15 percent of employees believe AI will have no impact on their jobs, the research found. Meanwhile, more than three-quarters (77 percent) expect their employer to help them develop skills to adapt to the changing environment. That presents a troubling situation for workers, according to Microsoft’s managing director for Singapore, Kevin Wo, who said that employees need to ensure they can respond to the changing


There’s no doubt that Artificial Intelligence is changing the workforce. As many as 15 percent of employees believe AI will have no impact on their jobs, the research found. Meanwhile, more than three-quarters (77 percent) expect their employer to help them develop skills to adapt to the changing environment. That presents a troubling situation for workers, according to Microsoft’s managing director for Singapore, Kevin Wo, who said that employees need to ensure they can respond to the changing
Microsoft says employers will look for these 3 skills as A.I. changes the workforce Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: karen gilchrist, skynesher, getty images, -matthew friedman, chief digital officer
Keywords: news, cnbc, companies, workforcefour, changing, according, workforce, employers, workforceas, skills, wo, changes, believe, employees, theres, workers, look, employer, microsoft, ai


Microsoft says employers will look for these 3 skills as A.I. changes the workforce

There’s no doubt that Artificial Intelligence is changing the workforce.

Four in five business leaders in Asia Pacific believe the burgeoning technology will transform the way their firms operate within the next three years, according to a new report from Microsoft and the International Data Corporation.

And yet, there’s disconnect among the workforce.

As many as 15 percent of employees believe AI will have no impact on their jobs, the research found. Meanwhile, more than three-quarters (77 percent) expect their employer to help them develop skills to adapt to the changing environment.

That presents a troubling situation for workers, according to Microsoft’s managing director for Singapore, Kevin Wo, who said that employees need to ensure they can respond to the changing work landscape.

“No longer is the responsibility only with the employer,” Wo told CNBC Make It, noting that many businesses are slow to reskill staff. “The individual needs to take that on.”


Company: cnbc, Activity: cnbc, Date: 2019-02-22  Authors: karen gilchrist, skynesher, getty images, -matthew friedman, chief digital officer
Keywords: news, cnbc, companies, workforcefour, changing, according, workforce, employers, workforceas, skills, wo, changes, believe, employees, theres, workers, look, employer, microsoft, ai


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