Biden hires over a dozen senior advisors from Obama administration for 2020 campaign: Sources

Former Vice President Joe Biden and his team have hired over a dozen senior advisors from President Barack Obama’s administration for his upcoming 2020 campaign for president, CNBC has learned. Numerous former Obama White House advisors who have been brought on to work with Biden’s team, have yet to hear where the campaign will be headquartered. Biden was born in Scranton, Pennsylvania and as a Senator, represented the First State for over three decades. Biden, according to people with direct kn


Former Vice President Joe Biden and his team have hired over a dozen senior advisors from President Barack Obama’s administration for his upcoming 2020 campaign for president, CNBC has learned. Numerous former Obama White House advisors who have been brought on to work with Biden’s team, have yet to hear where the campaign will be headquartered. Biden was born in Scranton, Pennsylvania and as a Senator, represented the First State for over three decades. Biden, according to people with direct kn
Biden hires over a dozen senior advisors from Obama administration for 2020 campaign: Sources Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-19  Authors: brian schwartz, saul loeb, afp, getty images
Keywords: news, cnbc, companies, administration, president, vice, campaign, white, senior, sources, work, biden, 2020, hires, obama, dozen, advisors, house, infrastructure, team


Biden hires over a dozen senior advisors from Obama administration for 2020 campaign: Sources

Former Vice President Joe Biden and his team have hired over a dozen senior advisors from President Barack Obama’s administration for his upcoming 2020 campaign for president, CNBC has learned.

Many of these people didn’t work within Biden’s office throughout Obama’s tenure as president, but they have extensive campaign experience ranging from political consulting to communications, according to sources with direct knowledge of the matter.

Since their time in the Obama White House, some of these aides have gone on to work on Hillary Clinton’s 2016 presidential campaign and later helped Democrats retake the U.S. House of Representatives during the 2018 congressional midterm elections, these people said.

Numerous former Obama White House advisors who have been brought on to work with Biden’s team, have yet to hear where the campaign will be headquartered. But they expect it will be either in Delaware or Pennsylvania. Biden was born in Scranton, Pennsylvania and as a Senator, represented the First State for over three decades.

Those who described the recent hirings declined to be named in this story because they did not want to get ahead of the upcoming announcement.

NBC News reported on Friday that the former lawmaker is set to announce his much anticipated 2020 presidential run next week. Biden, according to people with direct knowledge of the matter, is likely to roll out his campaign video in the coming days.

A spokesman for Biden declined to comment.

At a recent press gaggle with reporters, the former Vice President touted his connection to Obama and their legacy.

“I’m an Obama-Biden Democrat, man, and I’m proud of it,” he said at the time.

Since at least March, Biden and his team have been discussing potential economic policies for a third White House campaign, including an infrastructure reform plan, cutting taxes for the middle class and bettering income inequality, CNBC first reported.

An emphasis on infrastructure would give Biden an opportunity to directly challenge Donald Trump on a key aspect of the president’s “Make America Great Again” agenda. Trump ran on improving the nation’s roads, bridges and tunnels, but those policies have yet to take shape as the administration’s $1 trillion infrastructure plan failed to gain traction.


Company: cnbc, Activity: cnbc, Date: 2019-04-19  Authors: brian schwartz, saul loeb, afp, getty images
Keywords: news, cnbc, companies, administration, president, vice, campaign, white, senior, sources, work, biden, 2020, hires, obama, dozen, advisors, house, infrastructure, team


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Joe Biden to discuss how he would roll out a 2020 run, which he could announce as late as Easter week

Joe Biden wants to declare whether he will run for president as late as Easter week, according to people familiar with the matter, and he plans to meet with top advisors next week to discuss how he would roll out a 2020 campaign. Biden, who ran for president in 1988 and 2008, would also launch a campaign from his home state of Delaware, this person added. The former vice president and his advisors have discussed including infrastructure reform in his 2020 policy initiatives, CNBC first reported


Joe Biden wants to declare whether he will run for president as late as Easter week, according to people familiar with the matter, and he plans to meet with top advisors next week to discuss how he would roll out a 2020 campaign. Biden, who ran for president in 1988 and 2008, would also launch a campaign from his home state of Delaware, this person added. The former vice president and his advisors have discussed including infrastructure reform in his 2020 policy initiatives, CNBC first reported
Joe Biden to discuss how he would roll out a 2020 run, which he could announce as late as Easter week Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-27  Authors: brian schwartz, saul loeb, afp, getty images
Keywords: news, cnbc, companies, 2020, late, run, easter, infrastructure, democratic, announce, told, president, voters, week, discuss, joe, biden, roll, trump, way


Joe Biden to discuss how he would roll out a 2020 run, which he could announce as late as Easter week

Joe Biden wants to declare whether he will run for president as late as Easter week, according to people familiar with the matter, and he plans to meet with top advisors next week to discuss how he would roll out a 2020 campaign.

Biden and his confidants are slated to hold a series of meetings in Washington, D.C., where they will talk about the themes he would feature in a campaign announcement video, giving voters a preview of his platform, according to a person with direct knowledge of the plans.

Biden, who ran for president in 1988 and 2008, would also launch a campaign from his home state of Delaware, this person added.

A spokesman for Biden declined to comment.

The former vice president and his advisors have discussed including infrastructure reform in his 2020 policy initiatives, CNBC first reported in March.

An emphasis on infrastructure would give Biden an opportunity to directly challenge President Donald Trump on a key aspect of the president’s “Make America Great Again” agenda. The Trump administration’s infrastructure proposal, which suggested $200 billion in federal spending would trigger $1.5 trillion in investments, failed to gain traction in Congress when the Republican Party controlled both chambers.

The meetings are the latest indication that Biden, who also represented Delaware in the U.S. Senate for more than three decades, is inching closer to a likely run for president in 2020. Biden generally leads polls of Democratic primary voters, ahead of Sens. Bernie Sanders of Vermont and Kamala Harris of California.

Still, people close to Biden warn that even as he says he is leaning toward running, he has not made a final decision on jumping into the crowded Democratic field.

The latest development also comes after some skeptical Democratic financiers told Biden they will not back him in the early goings of the growing primary. The donors told Biden that they’re not yet convinced he can overtake the younger, more diverse and progressive field, and that they are going to wait to see how he competes in the race, CNBC has reported.

Meanwhile, Biden has been on what some have described as an apology tour.

On Tuesday, he spoke at the Biden Courage Awards ceremony and addressed the way he handled interviewing Anita Hill during the 1991 Senate confirmation hearing of Supreme Court Justice Clarence Thomas.

“I wish I could have done something,” he said. “To this day I regret I couldn’t come up with a way to give her the kind of hearing she deserved.”


Company: cnbc, Activity: cnbc, Date: 2019-03-27  Authors: brian schwartz, saul loeb, afp, getty images
Keywords: news, cnbc, companies, 2020, late, run, easter, infrastructure, democratic, announce, told, president, voters, week, discuss, joe, biden, roll, trump, way


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AT&T, hit by higher natural disaster costs, unveils 30-year climate change model

The announcement Wednesday follows several natural disasters that cost the telecommunications company $847 million since 2016, including $626 million in 2017 alone. AT&T, which has a market value of $229.9 billion, reported operating revenue of $160.55 billion in 2017. The company plans to extend climate projections across the country, and track wildfires and droughts as well. The disclosures show that a majority of the largest U.S. companies say that climate change poses a serious threat to ope


The announcement Wednesday follows several natural disasters that cost the telecommunications company $847 million since 2016, including $626 million in 2017 alone. AT&T, which has a market value of $229.9 billion, reported operating revenue of $160.55 billion in 2017. The company plans to extend climate projections across the country, and track wildfires and droughts as well. The disclosures show that a majority of the largest U.S. companies say that climate change poses a serious threat to ope
AT&T, hit by higher natural disaster costs, unveils 30-year climate change model Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-27  Authors: emma newburger, david paul morris, bloomberg, getty images
Keywords: news, cnbc, companies, climaterelated, cell, model, infrastructure, att, disaster, hit, change, happens, weather, higher, climate, today, unveils, natural, company, costs, flooding


AT&T, hit by higher natural disaster costs, unveils 30-year climate change model

AT&T is paying the U.S. Department of Energy’s Argonne National Laboratory to predict climate-related events that could damage the company’s infrastructure over the next 30 years.

The announcement Wednesday follows several natural disasters that cost the telecommunications company $847 million since 2016, including $626 million in 2017 alone. AT&T, which has a market value of $229.9 billion, reported operating revenue of $160.55 billion in 2017.

The tool will track flooding, hurricane and wind storms in North and South Carolina, Georgia and Florida, according to Charlene Lake, AT&T’s chief sustainability officer and senior vice president for public affairs. The company plans to extend climate projections across the country, and track wildfires and droughts as well.

“The project enables us to get information that can help anticipate the impact of climate change up to 30 years in advance, with high-resolution climate models at the hyperlocal level and new data we can ingest into our system to gain more intelligence about what happens to our infrastructure going forward,” Lake said in an interview.

“Our customers and community depends on our service during natural disaster time and the resilience of our business and network,” she said, adding that AT&T will share its climate data with municipalities and universities to use for analysis.

Other major U.S. companies are also bracing for climate-related risks that could harm profits and strategy, according to corporate disclosures collected by U.K. nonprofit CDP. The disclosures show that a majority of the largest U.S. companies say that climate change poses a serious threat to operations.

Scott Mair, AT&T’s president of operations, said that the model will guide decisions on whether to elevate cell sites in areas with expected flooding, or to build protections around cell towers in areas with expected higher winds.

Rather than relying on 10-day weather forecasts and historic weather trends, the company will visualize local climate-related events that could damage copper lines, fiber cable locations, cell sites and other infrastructure.

“Historically, we’ve taken into consideration where flooding might impact us. But it’s always been based on history,” Mair said.

“It’s not only about where flooding happens today, but more importantly, where it happens tomorrow. The infrastructure we put in today will last over 25 years. The more we know about what’s to come, the better options we have today.”


Company: cnbc, Activity: cnbc, Date: 2019-03-27  Authors: emma newburger, david paul morris, bloomberg, getty images
Keywords: news, cnbc, companies, climaterelated, cell, model, infrastructure, att, disaster, hit, change, happens, weather, higher, climate, today, unveils, natural, company, costs, flooding


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These stocks could benefit from Trump’s Mueller win

One of Trump’s long-held goals that has been pushed aside is his trillion-dollar infrastructure plan. The president said just last week that he and House Speaker Nancy Pelosi are still talking about an elusive infrastructure deal. Strategas has an infrastructure basket consisting of about 20 companies in traditional highway infrastructure that could benefit from any deal. The member stocks include pipeline services company Aegion Corp., general contractor Granite Construction, engineering compan


One of Trump’s long-held goals that has been pushed aside is his trillion-dollar infrastructure plan. The president said just last week that he and House Speaker Nancy Pelosi are still talking about an elusive infrastructure deal. Strategas has an infrastructure basket consisting of about 20 companies in traditional highway infrastructure that could benefit from any deal. The member stocks include pipeline services company Aegion Corp., general contractor Granite Construction, engineering compan
These stocks could benefit from Trump’s Mueller win Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-25  Authors: yun li, saul loeb, afp, getty images
Keywords: news, cnbc, companies, stocks, week, plan, democrats, benefit, highway, company, mueller, uses, win, unlikely, president, trumps, infrastructure


These stocks could benefit from Trump's Mueller win

One of Trump’s long-held goals that has been pushed aside is his trillion-dollar infrastructure plan. Although the plan is somewhat supported on both sides of the political aisle, the parties diverge on how to fund the pricey investment.

However, infrastructure is still on Trump’s mind. The president said just last week that he and House Speaker Nancy Pelosi are still talking about an elusive infrastructure deal.

Strategas has an infrastructure basket consisting of about 20 companies in traditional highway infrastructure that could benefit from any deal. The portfolio was created in 2008 to play President Barack Obama’s stimulus in 2009, and the constituents have gained with the passage of highway bills over the years, according to Strategas.

The member stocks include pipeline services company Aegion Corp., general contractor Granite Construction, engineering company KBR and building material company Simpson Manufacturing.

However, a large bipartisan infrastructure bill is unlikely if Trump uses the Mueller outcome against the Democrats, and they in turn keep their intense investigations of the president.

“Is it time for infrastructure? Democrats and the administration are very far apart,” James Pethokoukis, economic analyst at the American Enterprise Institute, said on CNBC’s “Squawk Box” on Monday. “I highly doubt we are going to see anything like that. Maybe if this was like the beginning of last year, now that we are deep into the election season, I don’t think so.”


Company: cnbc, Activity: cnbc, Date: 2019-03-25  Authors: yun li, saul loeb, afp, getty images
Keywords: news, cnbc, companies, stocks, week, plan, democrats, benefit, highway, company, mueller, uses, win, unlikely, president, trumps, infrastructure


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America’s energy capital became a battleground over a Russian pipeline to Germany this week

It was pursued by companies, and it had economic advantages because that’s what companies like,” she said. The Russian partner Gazprom is state-controlled and initiated the project on behalf of Moscow, he said. “This is not purely a private project for the development of energy,” he said. Moscow wants to circumvent the Ukrainian pipeline system, depriving its regional rival of valuable transit fees and making it easier for the Kremlin to pressure its neighbors. “If you have a piece of infrastruc


It was pursued by companies, and it had economic advantages because that’s what companies like,” she said. The Russian partner Gazprom is state-controlled and initiated the project on behalf of Moscow, he said. “This is not purely a private project for the development of energy,” he said. Moscow wants to circumvent the Ukrainian pipeline system, depriving its regional rival of valuable transit fees and making it easier for the Kremlin to pressure its neighbors. “If you have a piece of infrastruc
America’s energy capital became a battleground over a Russian pipeline to Germany this week Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: tom dichristopher, carsten koall, getty images, nick oxford, ty wright, bloomberg, f carter smith, mary catherine wellons, mandel ngan, afp
Keywords: news, cnbc, companies, works, energy, ukrainian, motives, project, pursued, infrastructure, germany, week, pipeline, capital, piece, russian, moscow, americas, battleground


America's energy capital became a battleground over a Russian pipeline to Germany this week

“It was not pursued by the state. It was pursued by companies, and it had economic advantages because that’s what companies like,” she said.

U.S. Deputy Energy Secretary Dan Brouillette pushed back on that claim. The Russian partner Gazprom is state-controlled and initiated the project on behalf of Moscow, he said.

“This is not purely a private project for the development of energy,” he said. “And so what are the motives for doing that? If it’s a government driven exercise, you have to look at… geopolitics and the particular governments involved.”

Russia’s motives for building Nord Stream 2 and another pipeline called Turkstream are clear, according to Amos Hochstein, a former special envoy for international energy under President Barack Obama who now sits on the supervisory board for Ukrainian gas company Naftogaz. Moscow wants to circumvent the Ukrainian pipeline system, depriving its regional rival of valuable transit fees and making it easier for the Kremlin to pressure its neighbors.

“If you have a piece of infrastructure that works, you rarely see somebody saying, ‘Hey, it works. Let’s go and finance billions of dollars worth of a different piece of infrastructure to accomplish a very similar goal, which is to get a molecule of gas from Russia into Europe,'” Hochstein said during a separate panel on Wednesday.

“So that is what’s on the table at the moment, a non-commercial project that serves a political goal.”


Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: tom dichristopher, carsten koall, getty images, nick oxford, ty wright, bloomberg, f carter smith, mary catherine wellons, mandel ngan, afp
Keywords: news, cnbc, companies, works, energy, ukrainian, motives, project, pursued, infrastructure, germany, week, pipeline, capital, piece, russian, moscow, americas, battleground


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Shanghai stocks are set to jump another 10 percent in wake of Chinese stimulus: Credit Suisse

China’s benchmark stock index could rise another 10 percent on the back of “market positive” Chinese policy announcements, John Woods, chief investment officer for Asia Pacific at Credit Suisse, said Wednesday. Woods’ comments to CNBC came in reaction to Chinese Premier Li Keqiang’s speech Tuesday at the National People’s Congress, China’s legislature. In response, Li unveiled stimulus measures,including infrastructure spending and cuts in taxes and fees worth nearly 2 trillion yuan ($289.28 bil


China’s benchmark stock index could rise another 10 percent on the back of “market positive” Chinese policy announcements, John Woods, chief investment officer for Asia Pacific at Credit Suisse, said Wednesday. Woods’ comments to CNBC came in reaction to Chinese Premier Li Keqiang’s speech Tuesday at the National People’s Congress, China’s legislature. In response, Li unveiled stimulus measures,including infrastructure spending and cuts in taxes and fees worth nearly 2 trillion yuan ($289.28 bil
Shanghai stocks are set to jump another 10 percent in wake of Chinese stimulus: Credit Suisse Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: kelly olsen, visual china group, getty images
Keywords: news, cnbc, companies, wake, credit, consumer, woods, stocks, market, infrastructure, shanghai, suisse, jump, positive, growth, cuts, set, sectors, chinese, think, stimulus, li


Shanghai stocks are set to jump another 10 percent in wake of Chinese stimulus: Credit Suisse

China’s benchmark stock index could rise another 10 percent on the back of “market positive” Chinese policy announcements, John Woods, chief investment officer for Asia Pacific at Credit Suisse, said Wednesday.

Woods’ comments to CNBC came in reaction to Chinese Premier Li Keqiang’s speech Tuesday at the National People’s Congress, China’s legislature.

Li highlighted risks threatening the world’s second-largest economy as the government lowered its economic growth target range to between 6 percent and 6.5 percent.

In response, Li unveiled stimulus measures,including infrastructure spending and cuts in taxes and fees worth nearly 2 trillion yuan ($289.28 billion). Those included cuts in the value-added tax rate for manufacturing, transportation and construction.

“We took the decisions as being market positive,” said Woods. “We think that the focus on infrastructure clearly lends itself to those commodities and equities which are in that space and we think will perform well.”

He added that the VAT reductions will have a positive impact on a host of sectors, including consumer staples, consumer discretionary, materials and industrials and energy.

“Those are the sectors which our analysis suggests will benefit with an uptick in earnings growth of between 2 and 3 percent, which is meaningful, which is substantial,” Woods said.

“So more broadly, the Shanghai composite I think’s got another 10 percent upside before I start to take profit,” he said. “But, of course, if the retail investor starts to engage, it could move substantially higher.”

Woods added that he was impressed that the legislature was focused on the private sector: “To me, that’s the main takeaway,” he said.


Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: kelly olsen, visual china group, getty images
Keywords: news, cnbc, companies, wake, credit, consumer, woods, stocks, market, infrastructure, shanghai, suisse, jump, positive, growth, cuts, set, sectors, chinese, think, stimulus, li


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Alphabet launches its first commercial security product from Chronicle, a spin-out of X

Alphabet’s Chronicle, the cybersecurity division that was spun out of X (formerly Google X), has just announced its first commercial product — a security data platform called Backstory. In a crowded U.S. market for cybersecurity vendors, there are few existing ways for security teams to knit all of the data from their different products in a unified system. “Security professionals are in short supply and prefer to spend their time actually doing security work instead of managing the security dat


Alphabet’s Chronicle, the cybersecurity division that was spun out of X (formerly Google X), has just announced its first commercial product — a security data platform called Backstory. In a crowded U.S. market for cybersecurity vendors, there are few existing ways for security teams to knit all of the data from their different products in a unified system. “Security professionals are in short supply and prefer to spend their time actually doing security work instead of managing the security dat
Alphabet launches its first commercial security product from Chronicle, a spin-out of X Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-04  Authors: kate fazzini, getty images, google handout
Keywords: news, cnbc, companies, data, cloud, customers, spinout, chronicle, alphabet, security, pricing, vendors, commercial, size, launches, cybersecurity, infrastructure, product


Alphabet launches its first commercial security product from Chronicle, a spin-out of X

Alphabet’s Chronicle, the cybersecurity division that was spun out of X (formerly Google X), has just announced its first commercial product — a security data platform called Backstory.

Using Google’s vast infrastructure and analytics capabilities, Backstory gives security analysts the ability to parse potential threats from the avalanche of alerts, helping them more quickly pinpoint the real vulnerabilities. In a crowded U.S. market for cybersecurity vendors, there are few existing ways for security teams to knit all of the data from their different products in a unified system.

“Security professionals are in short supply and prefer to spend their time actually doing security work instead of managing the security data infrastructure,” said Jon Oltsik, a senior principal analyst with technology research firm Enterprise Strategy Group. “This is creating a large opportunity for cloud vendors, who already own global cloud infrastructure that can handle the volumes of security information being generated today.”

Chronicle didn’t provide details on pricing, but CEO Stephen Gillett told CNBC that it will not be based on volume, a method of pricing that’s known to generate big, unexpected bills for customers. Chronicle said licenses will be based on the size of the company, “rather than the size of the customer’s data.”


Company: cnbc, Activity: cnbc, Date: 2019-03-04  Authors: kate fazzini, getty images, google handout
Keywords: news, cnbc, companies, data, cloud, customers, spinout, chronicle, alphabet, security, pricing, vendors, commercial, size, launches, cybersecurity, infrastructure, product


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Vodafone CEO says banning Huawei could set Europe’s 5G rollout back another two years

Speaking at a press conference at Mobile World Congress in Barcelona Monday, Vodafone CEO Nick Read said banning Huawei from providing 5G infrastructure in Europe would hamper competition in the supply chain. Read added that it would be “very very expensive” for operators and consumers if companies were forced to swap their Huawei equipment in favor of competitors’, adding it would delay Europe’s 5G rollout by “probably two years.” “It structurally disadvantages Europe,” he said “Of course the U


Speaking at a press conference at Mobile World Congress in Barcelona Monday, Vodafone CEO Nick Read said banning Huawei from providing 5G infrastructure in Europe would hamper competition in the supply chain. Read added that it would be “very very expensive” for operators and consumers if companies were forced to swap their Huawei equipment in favor of competitors’, adding it would delay Europe’s 5G rollout by “probably two years.” “It structurally disadvantages Europe,” he said “Of course the U
Vodafone CEO says banning Huawei could set Europe’s 5G rollout back another two years Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-25  Authors: elizabeth schulze, lluis gene, afp, getty images
Keywords: news, cnbc, companies, 5g, vodafone, possible, rollout, huawei, infrastructure, worlds, national, europes, telecommunications, set, read, banning, ceo, equipment, world


Vodafone CEO says banning Huawei could set Europe's 5G rollout back another two years

The CEO of the world’s second-largest mobile operator warned excluding Huawei from Europe’s 5G networks could be “hugely disruptive” to national infrastructure and consumers, comments that will likely be welcomed by the Chinese company as it faces possible equipment bans around the world.

Speaking at a press conference at Mobile World Congress in Barcelona Monday, Vodafone CEO Nick Read said banning Huawei from providing 5G infrastructure in Europe would hamper competition in the supply chain. China’s Huawei, Finland’s Nokia and Sweden’s Ericsson are the three biggest providers of telecommunications equipment in the world, accounting for more than half of revenues in the market, according to research firm Dell’Oro Group.

“If we concentrate it down to two players I think that’s an unhealthy position not just for us as an industry but also for national infrastructure in the country,” Read said.

Read added that it would be “very very expensive” for operators and consumers if companies were forced to swap their Huawei equipment in favor of competitors’, adding it would delay Europe’s 5G rollout by “probably two years.”

“It structurally disadvantages Europe,” he said “Of course the U.S. don’t have that problem because they don’t put Huawei equipment in.”

Huawei is the world’s largest telecommunications equipment provider and has captured key markets by offering high-tech gear at a lower cost than its rivals.

But the company has effectively been left out of the U.S. market with officials citing concerns that its technology could enable spying from the Chinese government, accusations Huawei denies. In addition to the U.S., the U.K. and Germany are weighing possible bans on Huawei’s 5G equipment citing security risks.


Company: cnbc, Activity: cnbc, Date: 2019-02-25  Authors: elizabeth schulze, lluis gene, afp, getty images
Keywords: news, cnbc, companies, 5g, vodafone, possible, rollout, huawei, infrastructure, worlds, national, europes, telecommunications, set, read, banning, ceo, equipment, world


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US politicians could agree on an infrastructure bill: Brookings

US politicians could agree on an infrastructure bill: Brookings14 Hours AgoNicol Turner-Lee of the Brookings Institution discusses outcomes to the political gridlock in Washington following U.S. President Donald Trump’s State of the Union address.


US politicians could agree on an infrastructure bill: Brookings14 Hours AgoNicol Turner-Lee of the Brookings Institution discusses outcomes to the political gridlock in Washington following U.S. President Donald Trump’s State of the Union address.
US politicians could agree on an infrastructure bill: Brookings Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-06
Keywords: news, cnbc, companies, president, union, infrastructure, brookings, trumps, turnerlee, state, institution, bill, washington, political, outcomes, politicians, agree


US politicians could agree on an infrastructure bill: Brookings

US politicians could agree on an infrastructure bill: Brookings

14 Hours Ago

Nicol Turner-Lee of the Brookings Institution discusses outcomes to the political gridlock in Washington following U.S. President Donald Trump’s State of the Union address.


Company: cnbc, Activity: cnbc, Date: 2019-02-06
Keywords: news, cnbc, companies, president, union, infrastructure, brookings, trumps, turnerlee, state, institution, bill, washington, political, outcomes, politicians, agree


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These stocks are the biggest winners and losers from Trump’s State of the Union

Infrastructure-related companies were the big winners and drug stocks were the biggest losers after President Donald Trump’s State of the Union address. Other winners from Tuesday night’s speech include defense stocks and the broader stock market. Trump called for a bipartisan push for infrastructure projects and for lower drug prices. “Both parties should be able to unite for a great rebuilding of America’s crumbling infrastructure,” Trump said. During his presidential campaign, Trump called fo


Infrastructure-related companies were the big winners and drug stocks were the biggest losers after President Donald Trump’s State of the Union address. Other winners from Tuesday night’s speech include defense stocks and the broader stock market. Trump called for a bipartisan push for infrastructure projects and for lower drug prices. “Both parties should be able to unite for a great rebuilding of America’s crumbling infrastructure,” Trump said. During his presidential campaign, Trump called fo
These stocks are the biggest winners and losers from Trump’s State of the Union Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-06  Authors: fred imbert, toni l sandys, the washington post, getty images
Keywords: news, cnbc, companies, state, winners, infrastructure, speech, president, eager, drug, research, stocks, biggest, losers, projects, trump, union, trumps


These stocks are the biggest winners and losers from Trump's State of the Union

Infrastructure-related companies were the big winners and drug stocks were the biggest losers after President Donald Trump’s State of the Union address.

Other winners from Tuesday night’s speech include defense stocks and the broader stock market.

Trump called for a bipartisan push for infrastructure projects and for lower drug prices.

“Both parties should be able to unite for a great rebuilding of America’s crumbling infrastructure,” Trump said. “I know that Congress is eager to pass an infrastructure bill, and I am eager to work with you on legislation to deliver new and important infrastructure investment.”

“This is not an option. This is a necessity,” Trump added. During his presidential campaign, Trump called for spending $1.5 trillion over a decade for infrastructure projects, but major funding has not been forthcoming.

Wall Street strategists said ahead of the speech that stocks like Vulcan Materials, Jacobs Engineering and Fluor Corp could get a boost if Trump pushed for greater infrastructure spending.

However, the odds of a big infrastructure-spending bill being approved by both chambers of Congress are still considered slim. Unless “President Trump specifically backs raising the gasoline or corporate tax rate, it is unlikely to see an agreement on a large deal,” Dan Clifton, head of policy research at Strategas Research Partners, wrote in a note.


Company: cnbc, Activity: cnbc, Date: 2019-02-06  Authors: fred imbert, toni l sandys, the washington post, getty images
Keywords: news, cnbc, companies, state, winners, infrastructure, speech, president, eager, drug, research, stocks, biggest, losers, projects, trump, union, trumps


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