NBC’s 2020 streaming service won’t be very compelling for cord cutters — and that’s by design

The proof is in the details of NBC’s streaming service, coming next spring. And you’ll get a few originals for the streaming service, the quality of which is to be determined. NBC expects its revenue from cord cutters on its streaming service to be “completely immaterial,” according to a person familiar with the matter. Customers who cancel Comcast’s TV service for, say, YouTube TV will still get NBC’s streaming service for free. But at launch next year, the NBC streaming service won’t be a comp


The proof is in the details of NBC’s streaming service, coming next spring. And you’ll get a few originals for the streaming service, the quality of which is to be determined. NBC expects its revenue from cord cutters on its streaming service to be “completely immaterial,” according to a person familiar with the matter. Customers who cancel Comcast’s TV service for, say, YouTube TV will still get NBC’s streaming service for free. But at launch next year, the NBC streaming service won’t be a comp
NBC’s 2020 streaming service won’t be very compelling for cord cutters — and that’s by design Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-14  Authors: alex sherman
Keywords: news, cnbc, companies, wont, cord, disney, thats, live, nbcs, service, hulu, tv, 2020, compelling, nbc, paytv, streaming, design, customers, cutters


NBC's 2020 streaming service won't be very compelling for cord cutters — and that's by design

The streaming wars — the race to launch subscription video products — has been driven by an underlying concept: The traditional pay-TV bundle is dying as millions of U.S. households cut the cord each year and shift their video consumption to services like Netflix.

This has been a hard pill to swallow for legacy media companies, which derive billions of dollars from traditional pay TV. Yet, many of those media companies are coming to grips with reality and beginning to disrupt their own business models, headlined by Disney’s $6.99 Disney+ offering for this year.

That’s not the case for Comcast’s NBCUniversal (the parent company of CNBC and CNBC.com).

NBC doesn’t want you to cut the cord. Maybe this isn’t too surprising since its owner is the largest U.S. cable company. But it’s unusual because it directly contradicts the disruption narrative. Instead of submissively accepting that the pay-TV world is ending, NBC is taking a stand and fighting back.

The proof is in the details of NBC’s streaming service, coming next spring.

NBC’s ad-supported streaming service will be free to all customers who pay for traditional live television — whether through Comcast or any other provider, including virtual pay-TV bundles like Google’s YouTube TV or AT&T’s DirecTV Now, assuming partnership deals are struck, according to people familiar with the matter.

For those who have cut the cord, it will probably be about $10, said the people, who asked not to be named because the discussions on price are still ongoing.

CNBC has also learned that the free version of service for pay-TV subscribers will include live linear channels, same-season episodes and past-season episodes. Customers will be able to watch NBC programming anywhere, on any device, independent of their cable provider’s footprint. NBC will have nonexclusive access to all of the programming it sells to Hulu for the streaming service, as part of the deal with Disney the two companies announced on Tuesday.

But the $10 version for cord cutters won’t include live linear channels and won’t include same-season shows. You’ll get a bunch of reruns, most of which will also be available on Hulu if you already subscribe to that service. And you’ll get a few originals for the streaming service, the quality of which is to be determined.

So what are you getting for your $10 a month? Not much at first. And that’s the point.

NBC expects its revenue from cord cutters on its streaming service to be “completely immaterial,” according to a person familiar with the matter. The company is actively trying to make its cord-cutting streaming service inferior to its pay-TV version. The service is primarily meant as a nice additional benefit for customers who already pay for cable or satellite TV.

NBC’s decision isn’t totally motivated by supporting Comcast’s cable TV business. Now that Disney has full operational control of Hulu, Disney can bundle Hulu (or Hulu with Live TV) with Disney+ to make a compelling streaming offering that should further accelerate cord cutting. NBC is OK with this. Customers who cancel Comcast’s TV service for, say, YouTube TV will still get NBC’s streaming service for free.

NBC will certainly monitor the take rate of its streaming service among non pay-TV subscribers if cord cutting dramatically accelerates. If necessary, it can move content on and off its service thanks to Tuesday’s deal with Hulu, as well as the impending expiration of streaming-rights deals for popular shows it owns, such as “The Office.” And three years from now, when its content deal with Hulu ends, there’s an easy path for NBC to make its streaming service more compelling by making all its content exclusive to it.

But at launch next year, the NBC streaming service won’t be a compelling addition for cord cutters. And that’s the point.

Disclosure: Comcast owns NBCUniversal, the parent company of CNBC and CNBC.com.

WATCH: Comcast will sell its Hulu stake to Disney, giving Disney full control


Company: cnbc, Activity: cnbc, Date: 2019-05-14  Authors: alex sherman
Keywords: news, cnbc, companies, wont, cord, disney, thats, live, nbcs, service, hulu, tv, 2020, compelling, nbc, paytv, streaming, design, customers, cutters


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North Korea fired two unidentified projectiles, South Korea’s military says

North Korea fired unidentified projectiles on Thursday, according to the South Korean military, less than a week after leader Kim Jong Un oversaw the test-firing of multiple rockets and missiles. “We confirmed that North Korea fired two rounds of missiles towards (an) eastern direction from Northern Pyongan Province at 16:29 p.m. and 16:49 p.m. (local time). Estimated travel distances were 420 km, 270 km, respectively,” a South Korean military official told NBC News. “(The) South Korea military


North Korea fired unidentified projectiles on Thursday, according to the South Korean military, less than a week after leader Kim Jong Un oversaw the test-firing of multiple rockets and missiles. “We confirmed that North Korea fired two rounds of missiles towards (an) eastern direction from Northern Pyongan Province at 16:29 p.m. and 16:49 p.m. (local time). Estimated travel distances were 420 km, 270 km, respectively,” a South Korean military official told NBC News. “(The) South Korea military
North Korea fired two unidentified projectiles, South Korea’s military says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-09  Authors: matt clinch, kham pool, bloomberg, getty images
Keywords: news, cnbc, companies, nbc, pyongan, unidentified, province, projectiles, korean, military, north, korea, koreas, south, official, fired, northern


North Korea fired two unidentified projectiles, South Korea's military says

North Korea fired unidentified projectiles on Thursday, according to the South Korean military, less than a week after leader Kim Jong Un oversaw the test-firing of multiple rockets and missiles.

“We confirmed that North Korea fired two rounds of missiles towards (an) eastern direction from Northern Pyongan Province at 16:29 p.m. and 16:49 p.m. (local time). Estimated travel distances were 420 km, 270 km, respectively,” a South Korean military official told NBC News. The Northern Pyongan Province is an area located to the west of the country.

The South Korean and U.S. authorities are conducting analysis for more detailed information and NBC News also said that the chief national security advisor in South Korea is monitoring the situation.

“(The) South Korea military has reinforced surveillance and vigilance for any more North Korean missile launches, and is maintaining fully preparedness by cooperating with the U.S.,” the official added.

The suspected short-range missiles appear to have been launched from a location near a missile base in Sino-Ri, according to the Dow Jones news agency. This is about 130 miles north of the demilitarized zone.

The new launches come as the U.S. Special Representative for North Korea, Stephen Biegun, travels to Seoul to meet with officials and discuss denuclearization efforts.


Company: cnbc, Activity: cnbc, Date: 2019-05-09  Authors: matt clinch, kham pool, bloomberg, getty images
Keywords: news, cnbc, companies, nbc, pyongan, unidentified, province, projectiles, korean, military, north, korea, koreas, south, official, fired, northern


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Science: These are the 7 types of interactions we savor the most

There’s more to savor in life than just food. In the same way that we might savor a glass of wine or our favorite dessert, we can also savor meaningful life experiences. A 2018 study from the University of Arizona demonstrates how we savor different types of communication. Communications professor Maggie Pitts surveyed 65 adults, asking them whether they savored their daily interactions in life and, if so, to share a detailed example of an experience they had savored. Her research suggested that


There’s more to savor in life than just food. In the same way that we might savor a glass of wine or our favorite dessert, we can also savor meaningful life experiences. A 2018 study from the University of Arizona demonstrates how we savor different types of communication. Communications professor Maggie Pitts surveyed 65 adults, asking them whether they savored their daily interactions in life and, if so, to share a detailed example of an experience they had savored. Her research suggested that
Science: These are the 7 types of interactions we savor the most Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-09  Authors: tom popomaronis, nbc, getty images
Keywords: news, cnbc, companies, life, meaningful, communication, interactions, science, pitts, types, savor, university, experience, wine, way


Science: These are the 7 types of interactions we savor the most

There’s more to savor in life than just food. In the same way that we might savor a glass of wine or our favorite dessert, we can also savor meaningful life experiences.

A 2018 study from the University of Arizona demonstrates how we savor different types of communication. Communications professor Maggie Pitts surveyed 65 adults, asking them whether they savored their daily interactions in life and, if so, to share a detailed example of an experience they had savored.

“Communication savoring happens when we realize something joyful, important or meaningful is happening in a social interaction with another, and we then try to hold on to and elevate that experience,” Pitts said in an interview with Psych Central.

Her research suggested that there are seven types of communication that humans savor most:


Company: cnbc, Activity: cnbc, Date: 2019-05-09  Authors: tom popomaronis, nbc, getty images
Keywords: news, cnbc, companies, life, meaningful, communication, interactions, science, pitts, types, savor, university, experience, wine, way


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Comcast is in talks to sell its 30% stake in Hulu to Disney

Disney and Comcast are holding talks about working out a deal for Comcast’s 30% stake, according to people familiar with the matter. Hulu last week bought back a 9.5% stake in itself from Time-Warner owner AT&T, in a deal that values Hulu at $15 billion. That 9.5% stake will be split between Disney and Comcast, unless Disney consolidates the entire company. But just as Comcast came off the sidelines, 21st Century Fox agreed to sell its 30% stake in Hulu to Disney. Instead of being an equal owner


Disney and Comcast are holding talks about working out a deal for Comcast’s 30% stake, according to people familiar with the matter. Hulu last week bought back a 9.5% stake in itself from Time-Warner owner AT&T, in a deal that values Hulu at $15 billion. That 9.5% stake will be split between Disney and Comcast, unless Disney consolidates the entire company. But just as Comcast came off the sidelines, 21st Century Fox agreed to sell its 30% stake in Hulu to Disney. Instead of being an equal owner
Comcast is in talks to sell its 30% stake in Hulu to Disney Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-25  Authors: alex sherman, david a grogan
Keywords: news, cnbc, companies, sell, stake, companys, streaming, owner, 30, hulu, deal, talks, comcast, disney, nbc


Comcast is in talks to sell its 30% stake in Hulu to Disney

Comcast has had a frustrating run as a partial owner of video streaming platform Hulu, but that doesn’t make the decision to sell its minority stake in the company any easier.

Disney and Comcast are holding talks about working out a deal for Comcast’s 30% stake, according to people familiar with the matter. Comcast is now weighing the pros and cons of doing a deal now rather than later, said these people, who asked not to be named because the discussions are private. It’s still unclear if a deal will transpire.

The two companies are the last remaining owners of a company that was originally founded as a joint venture between several media giants. Hulu last week bought back a 9.5% stake in itself from Time-Warner owner AT&T, in a deal that values Hulu at $15 billion. That 9.5% stake will be split between Disney and Comcast, unless Disney consolidates the entire company.

“On Hulu, the relationship with NBC, it’s very much in everybody’s interest to maintain,” Comcast CEO Brian Roberts said Thursday during an interview on CNBC’s “Squawk Box.” “And we have no new news today on it, other than it’s really valuable. And we’re really glad we own a large piece of it.”

For years, Comcast was barred from having a say in Hulu’s direction — part of a consent decree Comcast agreed to when it acquired NBCUniversal in 2011. (NBCUniversal is the parent company of CNBC.)

Seven years later, Comcast’s ownership in Hulu switched from passive to active, when the consent decree expired in 2018. That gave Roberts and NBC CEO Steve Burke some say in the company’s future.

But just as Comcast came off the sidelines, 21st Century Fox agreed to sell its 30% stake in Hulu to Disney. That deal, which closed last month, effectively silenced Comcast once again. Instead of being an equal owner with Fox and Disney, Comcast now owns a minority stake to Disney’s 60%.

“Fifty years from now will we be in Hulu? No, I don’t think we will,” Burke told Variety in January. “But I don’t think we’ll sell in five minutes.”

As of today, NBC provides about 17% of Hulu’s content. NBC has no plans to remove content from Hulu, which will continue to serve as NBC’s vessel for same-season shows even after the launch of the company’s new streaming service in 2020, according to people familiar with the matter. (NBC’s streaming service will showcase the company’s library of TV shows and movies.)

There are compelling reasons for Comcast to hold and to sell. Here’s what Comcast is debating, according to people familiar with the company’s thinking.


Company: cnbc, Activity: cnbc, Date: 2019-04-25  Authors: alex sherman, david a grogan
Keywords: news, cnbc, companies, sell, stake, companys, streaming, owner, 30, hulu, deal, talks, comcast, disney, nbc


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Facebook’s Zuckerberg mulled developer deals to decide value of data

Facebook CEO Mark Zuckerberg once considered making deals with third-party developers just to help him find out how much users’ data is worth, according to an NBC News report. It said the social network’s boss once mulled 100 deals with app developers for potentially selling access to user data. In one message highlighted by the publication, Zuckerberg says the goal “wouldn’t be the deals themselves,” but learning “what developers would actually pay.” Zuckerberg reportedly said the deals would h


Facebook CEO Mark Zuckerberg once considered making deals with third-party developers just to help him find out how much users’ data is worth, according to an NBC News report. It said the social network’s boss once mulled 100 deals with app developers for potentially selling access to user data. In one message highlighted by the publication, Zuckerberg says the goal “wouldn’t be the deals themselves,” but learning “what developers would actually pay.” Zuckerberg reportedly said the deals would h
Facebook’s Zuckerberg mulled developer deals to decide value of data Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-16  Authors: ryan browne, justin sullivan, getty images
Keywords: news, cnbc, companies, data, facebook, public, developers, developer, nbc, decide, deals, mulled, facebooks, zuckerberg, value, help, users, user


Facebook's Zuckerberg mulled developer deals to decide value of data

Facebook CEO Mark Zuckerberg once considered making deals with third-party developers just to help him find out how much users’ data is worth, according to an NBC News report.

The report, which cites 4,000 leaked pages of internal documents, shines a light on the way senior company executives viewed attaching a dollar sign to sensitive user data, despite Facebook’s public commitment to protect such information.

It said the social network’s boss once mulled 100 deals with app developers for potentially selling access to user data. In one message highlighted by the publication, Zuckerberg says the goal “wouldn’t be the deals themselves,” but learning “what developers would actually pay.”

Zuckerberg reportedly said the deals would help Facebook decide the “real market value” of Facebook’s data on users, and help it set a “public rate” for developers. Facebook ultimately decided not to go forward with such a strategy, the company told NBC.

The CEO has said in the past that Facebook would “never” sell people’s information without their consent.

According to the documents obtained by NBC, Zuckerberg was described by one executive as being a “master of leverage.”


Company: cnbc, Activity: cnbc, Date: 2019-04-16  Authors: ryan browne, justin sullivan, getty images
Keywords: news, cnbc, companies, data, facebook, public, developers, developer, nbc, decide, deals, mulled, facebooks, zuckerberg, value, help, users, user


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Tax Day is here. How to make sure you’re all set for the IRS

If you haven’t pulled your tax return together and sent it into the IRS by now, you’re just about out of time. Monday, April 15, is Tax Day for most Americans. Due to Patriots’ Day holidays on Monday in Maine or Massachusetts, taxpayers in those states have until midnight Wednesday to file. Procrastinators can request a six-month extension to submit their returns, but you only have until midnight Monday to submit taxes owed. The IRS is expecting to receive about 153 million individual tax return


If you haven’t pulled your tax return together and sent it into the IRS by now, you’re just about out of time. Monday, April 15, is Tax Day for most Americans. Due to Patriots’ Day holidays on Monday in Maine or Massachusetts, taxpayers in those states have until midnight Wednesday to file. Procrastinators can request a six-month extension to submit their returns, but you only have until midnight Monday to submit taxes owed. The IRS is expecting to receive about 153 million individual tax return
Tax Day is here. How to make sure you’re all set for the IRS Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: darla mercado, adam jeffery, david-prado, istock, getty images, nbc, mapodile
Keywords: news, cnbc, companies, youre, sure, taxpayers, set, timemonday, midnight, irs, submit, tax, yearthis, returns, day


Tax Day is here. How to make sure you're all set for the IRS

If you haven’t pulled your tax return together and sent it into the IRS by now, you’re just about out of time.

Monday, April 15, is Tax Day for most Americans.

Due to Patriots’ Day holidays on Monday in Maine or Massachusetts, taxpayers in those states have until midnight Wednesday to file.

Procrastinators can request a six-month extension to submit their returns, but you only have until midnight Monday to submit taxes owed.

The IRS is expecting to receive about 153 million individual tax returns from 2018 over the course of this year.

This season is the first time taxpayers will file under the Tax Cuts and Jobs Act. This overhaul of the tax code roughly doubled the standard deduction to $12,000 for singles ($24,000 for married-filing-jointly), eliminated personal exemptions and limited itemized deductions.


Company: cnbc, Activity: cnbc, Date: 2019-04-15  Authors: darla mercado, adam jeffery, david-prado, istock, getty images, nbc, mapodile
Keywords: news, cnbc, companies, youre, sure, taxpayers, set, timemonday, midnight, irs, submit, tax, yearthis, returns, day


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Here’s what to do if you can’t afford to accept that wedding invitation

A new survey from personal finance website Bankrate found that almost one in five Americans have responded no to a wedding invite because they could not afford to attend. Of those who declined to go, 30 percent said their relationship with the couple changed for the worse. In an earlier survey, Bankrate found that attending the wedding of a close friend or family member costs an average of $628 including the ceremony and parties. So how can invited guests and betrothed couples work out their dif


A new survey from personal finance website Bankrate found that almost one in five Americans have responded no to a wedding invite because they could not afford to attend. Of those who declined to go, 30 percent said their relationship with the couple changed for the worse. In an earlier survey, Bankrate found that attending the wedding of a close friend or family member costs an average of $628 including the ceremony and parties. So how can invited guests and betrothed couples work out their dif
Here’s what to do if you can’t afford to accept that wedding invitation Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-01  Authors: lorie konish, nbc, nbcuniversal, getty images
Keywords: news, cnbc, companies, worseits, heres, accept, rounded, survey, website, bankrate, small, work, responded, invitation, cant, afford, wedding, tips


Here's what to do if you can't afford to accept that wedding invitation

A new survey from personal finance website Bankrate found that almost one in five Americans have responded no to a wedding invite because they could not afford to attend.

Of those who declined to go, 30 percent said their relationship with the couple changed for the worse.

It’s not small change, either. In an earlier survey, Bankrate found that attending the wedding of a close friend or family member costs an average of $628 including the ceremony and parties.

So how can invited guests and betrothed couples work out their differences? Bankrate gave some tips rounded up from a host of wedding etiquette experts.


Company: cnbc, Activity: cnbc, Date: 2019-04-01  Authors: lorie konish, nbc, nbcuniversal, getty images
Keywords: news, cnbc, companies, worseits, heres, accept, rounded, survey, website, bankrate, small, work, responded, invitation, cant, afford, wedding, tips


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Trump son-in-law Jared Kushner met privately with Senate Intelligence Committee: NBC

President Donald Trump’s son-in-law, Jared Kushner, reportedly met in private with the Senate Intelligence Committee on Thursday, NBC News and other outlets reported. It’s not clear what Kushner discussed with lawmakers, and spokespeople for senators on the committee and Kushner either declined to comment or did not immediately respond on Thursday. The committee’s security director told NBC News that Kushner will not return to the committee Thursday. Mueller’s report did not find evidence of col


President Donald Trump’s son-in-law, Jared Kushner, reportedly met in private with the Senate Intelligence Committee on Thursday, NBC News and other outlets reported. It’s not clear what Kushner discussed with lawmakers, and spokespeople for senators on the committee and Kushner either declined to comment or did not immediately respond on Thursday. The committee’s security director told NBC News that Kushner will not return to the committee Thursday. Mueller’s report did not find evidence of col
Trump son-in-law Jared Kushner met privately with Senate Intelligence Committee: NBC Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-28  Authors: tucker higgins, brendan smialowski, afp, getty images
Keywords: news, cnbc, companies, privately, senators, committee, president, report, trump, kushner, russian, senate, intelligence, respond, jared, nbc, trumps, white, soninlaw, provided, met


Trump son-in-law Jared Kushner met privately with Senate Intelligence Committee: NBC

President Donald Trump’s son-in-law, Jared Kushner, reportedly met in private with the Senate Intelligence Committee on Thursday, NBC News and other outlets reported.

The senior White House advisor met with senators just days after special counsel Robert Mueller provided the Department of Justice with his report on Russian interference in the 2016 election, and as the committee continues to investigate the matter.

It’s not clear what Kushner discussed with lawmakers, and spokespeople for senators on the committee and Kushner either declined to comment or did not immediately respond on Thursday.

The committee’s security director told NBC News that Kushner will not return to the committee Thursday.

Mueller’s report did not find evidence of collusion between Trump’s campaign and the Russian government, according to a summary provided by Attorney General William Barr on Sunday. The report also did not find sufficient evidence to bring a case against the president on obstruction charges, Barr wrote, though Mueller did not exonerate him.

The White House did not immediately respond to a request for comment.

— CNBC’s Christina Wilkie contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-03-28  Authors: tucker higgins, brendan smialowski, afp, getty images
Keywords: news, cnbc, companies, privately, senators, committee, president, report, trump, kushner, russian, senate, intelligence, respond, jared, nbc, trumps, white, soninlaw, provided, met


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Town halls across Germany evacuated after threats: Police

Town halls in several German cities were evacuated on Tuesday after threats, in some cases bomb threats, were received by email overnight, a number of police forces said. “A threat against the city of Augsburg has been received, the town hall has been cleared, we are investigating,” tweeted police in the southern city of Augsburg. Police officials in the city of Goettingen also told NBC News that they had received an email claiming that an explosive device had been planted at the town hall. In C


Town halls in several German cities were evacuated on Tuesday after threats, in some cases bomb threats, were received by email overnight, a number of police forces said. “A threat against the city of Augsburg has been received, the town hall has been cleared, we are investigating,” tweeted police in the southern city of Augsburg. Police officials in the city of Goettingen also told NBC News that they had received an email claiming that an explosive device had been planted at the town hall. In C
Town halls across Germany evacuated after threats: Police Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-26  Authors: reuters with cnbccom, photographer, collection, getty images
Keywords: news, cnbc, companies, city, town, halls, threats, email, told, spokesman, evacuated, nbc, hall, germany, building, received


Town halls across Germany evacuated after threats: Police

Town halls in several German cities were evacuated on Tuesday after threats, in some cases bomb threats, were received by email overnight, a number of police forces said.

“A threat against the city of Augsburg has been received, the town hall has been cleared, we are investigating,” tweeted police in the southern city of Augsburg.

Speaking to NBC News, a police spokesman in Augsburg said the email is “analogue to those received” in other cities, as the “content of the mail is identical.”

Police posted similar tweets from western Neunkirchen and Kaiserslautern, eastern Chemnitz and central Goettingen.

Police in the southwestern city of Kaiserslautern told NBC News that an employee of the city hall found an email in the “general email box” this morning at 8:00 a.m. local time, in which an unidentified sender had claimed that “an explosive device had been deposited in the building.”

Police immediately decided to evacuate the 21-story high-rise building and are presently searching the premises.

Police officials in the city of Goettingen also told NBC News that they had received an email claiming that an explosive device had been planted at the town hall. The building has been evacuated and the surrounding streets have been cordoned off.

“We are now trying to identify, who sent these emails and are coordinating our investigation with officials in other German cities, which also received these threats,” a spokesperson told NBC News.

In Chemnitz, a police spokeswoman said that the search of the multi-story town hall building is ongoing.

A police spokesman in the northern German city of Rendsburg also confirmed to NBC News that the local town hall was evacuated this morning, a building search with experts is ongoing. A similar statement was made by a police spokesman in Neunkirchen in the state of Saarland.


Company: cnbc, Activity: cnbc, Date: 2019-03-26  Authors: reuters with cnbccom, photographer, collection, getty images
Keywords: news, cnbc, companies, city, town, halls, threats, email, told, spokesman, evacuated, nbc, hall, germany, building, received


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Even most Americans with $10,000 to invest couldn’t answer these 3 money questions

There’s a lot of confusion about how retirement savings accounts work, even among those who are more well-prepared for retirement. That’s what TD Ameritrade concluded after a 2019 survey that The Harris Poll conducted for them asked U.S. adults with at least $10,000 in investable assets to answer questions about 401(k) plans and individual retirement accounts (IRAs). These three questions were particularly tricky and stumped at least half of all respondents:1. What’s the contribution limit for e


There’s a lot of confusion about how retirement savings accounts work, even among those who are more well-prepared for retirement. That’s what TD Ameritrade concluded after a 2019 survey that The Harris Poll conducted for them asked U.S. adults with at least $10,000 in investable assets to answer questions about 401(k) plans and individual retirement accounts (IRAs). These three questions were particularly tricky and stumped at least half of all respondents:1. What’s the contribution limit for e
Even most Americans with $10,000 to invest couldn’t answer these 3 money questions Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-22  Authors: kathleen elkins, nbc, getty images
Keywords: news, cnbc, companies, answer, retirement, 10000, whats, wellprepared, tricky, 2019, 401k, americans, invest, accounts, work, money, couldnt, questions


Even most Americans with $10,000 to invest couldn't answer these 3 money questions

There’s a lot of confusion about how retirement savings accounts work, even among those who are more well-prepared for retirement.

That’s what TD Ameritrade concluded after a 2019 survey that The Harris Poll conducted for them asked U.S. adults with at least $10,000 in investable assets to answer questions about 401(k) plans and individual retirement accounts (IRAs).

These three questions were particularly tricky and stumped at least half of all respondents:

1. What’s the contribution limit for employees who participate in a 401(k) in 2019 (excluding catch-up contributions)?

Just 19 percent of respondents selected the correct answer: $19,000.


Company: cnbc, Activity: cnbc, Date: 2019-03-22  Authors: kathleen elkins, nbc, getty images
Keywords: news, cnbc, companies, answer, retirement, 10000, whats, wellprepared, tricky, 2019, 401k, americans, invest, accounts, work, money, couldnt, questions


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