Ohio Rep. Tim Ryan — who once tried to take down Nancy Pelosi — is running for president

Rep. Tim Ryan, an Ohio Democrat best known for trying to topple Nancy Pelosi as House Democratic leader, will run for president, he announced Thursday. The congressman, who has served since 2003, enters a crowded Democratic presidential field jockeying to take on President Donald Trump next year. Ryan, whose challenge to Pelosi from the center failed in 2016, will likely position himself as a moderate option in the field. The congressman represents a district with a large auto-industry presence.


Rep. Tim Ryan, an Ohio Democrat best known for trying to topple Nancy Pelosi as House Democratic leader, will run for president, he announced Thursday. The congressman, who has served since 2003, enters a crowded Democratic presidential field jockeying to take on President Donald Trump next year. Ryan, whose challenge to Pelosi from the center failed in 2016, will likely position himself as a moderate option in the field. The congressman represents a district with a large auto-industry presence.
Ohio Rep. Tim Ryan — who once tried to take down Nancy Pelosi — is running for president Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-04-04  Authors: jacob pramuk, tom williams, cq-roll call group, getty images
Keywords: news, cnbc, companies, state, nancy, field, tried, trump, run, president, pelosi, represents, ohio, running, rep, tim, ryan, congressman, gm


Ohio Rep. Tim Ryan — who once tried to take down Nancy Pelosi — is running for president

Rep. Tim Ryan, an Ohio Democrat best known for trying to topple Nancy Pelosi as House Democratic leader, will run for president, he announced Thursday.

The congressman, who has served since 2003, enters a crowded Democratic presidential field jockeying to take on President Donald Trump next year. More than a dozen Democrats have already declared their candidacy.

Ryan, whose challenge to Pelosi from the center failed in 2016, will likely position himself as a moderate option in the field. The congressman represents a district with a large auto-industry presence. He will likely tout his efforts to boost manufacturing and working-class Americans in a challenge to Trump’s outreach to blue-collar workers.

“When our local GM factory was shutdown last Thanksgiving, I got a call from my daughter who was consoling her friend whose father was an auto worker and was just laid off. My daughter said to me, with tears in her voice, ‘You have to do something,'” reads his campaign website launched Thursday. “That’s why I am running for President. It’s time to do something.”

He also cites issues such as health care, education and veterans’ care on his campaign website.

Ryan faces an uphill climb in a field that already contains six senators and two current and former governors — and which could soon include a former vice president. Still, the 45-year-old congressman could see his background and experience in swing state Ohio as an asset, especially after Sen. Sherrod Brown, D-Ohio, declined to run for president.

Trump won the state comfortably in 2016, in part by pledging to renegotiate trade deals and boost the auto industry in the state. Ryan represents Lordstown, where General Motors shut down a manufacturing plant last month. The community will lose about 1,300 jobs, though about 417 of those will transfer to other GM plants.

In November, Ryan said Trump “has been asleep at the switch and owes this community an explanation” for the facility closure.

Trump has recently criticized GM and pushed the company to reopen the Lordstown plant.

Every presidential election winner has carried Ohio since 1964.

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Company: cnbc, Activity: cnbc, Date: 2019-04-04  Authors: jacob pramuk, tom williams, cq-roll call group, getty images
Keywords: news, cnbc, companies, state, nancy, field, tried, trump, run, president, pelosi, represents, ohio, running, rep, tim, ryan, congressman, gm


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Airlines to add nonbinary gender options for tickets

Airlines are planning to present travelers who don’t identify as either male or female more options when they book their flights. The changes aim to bring airlines in line with nonbinary identification cards so that travelers’ reservations match their IDs. Several states including California and Oregon offer nonbinary options on identification cards and other documents. United Airlines in the coming weeks will allow travelers to choose from four options when they book their tickets: male, female


Airlines are planning to present travelers who don’t identify as either male or female more options when they book their flights. The changes aim to bring airlines in line with nonbinary identification cards so that travelers’ reservations match their IDs. Several states including California and Oregon offer nonbinary options on identification cards and other documents. United Airlines in the coming weeks will allow travelers to choose from four options when they book their tickets: male, female
Airlines to add nonbinary gender options for tickets Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: leslie josephs, joshua lott, afp, getty images
Keywords: news, cnbc, companies, options, represents, travelers, option, add, including, airlines, tickets, male, nonbinary, identify, gender


Airlines to add nonbinary gender options for tickets

Airlines are planning to present travelers who don’t identify as either male or female more options when they book their flights.

Airlines for America, an industry group that represents some of the largest U.S. carriers, including American Airlines, JetBlue Airways and Alaska Airlines, and the International Air Transport Association, which represents most of the world’s airlines, recently approved standards for nonbinary passenger identification.

The changes aim to bring airlines in line with nonbinary identification cards so that travelers’ reservations match their IDs. Several states including California and Oregon offer nonbinary options on identification cards and other documents.

United Airlines in the coming weeks will allow travelers to choose from four options when they book their tickets: male, female, undisclosed and unspecified. Travelers who do not identify with a gender will be able use the tile “Mx,” said Maddie King, a United spokeswoman. The measures aim to ensure that “all of our customers feel comfortable and welcome no matter how they self-identify, which is why we will begin offering our customers the ability to select the gender with which they most closely identify during the booking process.”

Delta Air Lines, which is not a member of the trade group, said in a statement that it plans to add a nonbinary gender option to its booking page. Southwest Airlines is considering adding the option as well.


Company: cnbc, Activity: cnbc, Date: 2019-02-17  Authors: leslie josephs, joshua lott, afp, getty images
Keywords: news, cnbc, companies, options, represents, travelers, option, add, including, airlines, tickets, male, nonbinary, identify, gender


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Goldman says Netflix is one of its favorite trades for 2019, sees nearly 50% comeback

After a sell-off cut its value by a third, Netflix represents one of the most compelling investments available in the internet space, according to Goldman Sachs. The brokerage reiterated its buy rating on Netflix shares as well as its $400, 12-month price target, representing nearly 50 percent upside from the stock’s close on Thursday. Goldman also added the internet video platform to its so-called “Conviction List,” a hand-picked collection of stocks its analysts believe are more likely than ot


After a sell-off cut its value by a third, Netflix represents one of the most compelling investments available in the internet space, according to Goldman Sachs. The brokerage reiterated its buy rating on Netflix shares as well as its $400, 12-month price target, representing nearly 50 percent upside from the stock’s close on Thursday. Goldman also added the internet video platform to its so-called “Conviction List,” a hand-picked collection of stocks its analysts believe are more likely than ot
Goldman says Netflix is one of its favorite trades for 2019, sees nearly 50% comeback Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-04  Authors: thomas franck, robyn beck, afp, getty images
Keywords: news, cnbc, companies, trades, 50, believe, shares, 2019, represents, netflix, nearly, internet, continue, goldman, video, favorite, comeback, value, stocks, sees


Goldman says Netflix is one of its favorite trades for 2019, sees nearly 50% comeback

After a sell-off cut its value by a third, Netflix represents one of the most compelling investments available in the internet space, according to Goldman Sachs.

The brokerage reiterated its buy rating on Netflix shares as well as its $400, 12-month price target, representing nearly 50 percent upside from the stock’s close on Thursday. Goldman also added the internet video platform to its so-called “Conviction List,” a hand-picked collection of stocks its analysts believe are more likely than others to deliver meaningful upside.

“With Netflix shares down 36 percent since record highs in July, and the S&P 500 down 10 percent over the same period, we believe Netflix represents one of the best risk/reward propositions in the Internet sector,” analyst Heath Terry said in a note Friday. “We continue to believe Netflix’s investment in content, technology and distribution will continue to drive subscriber growth well above consensus expectations both in the U.S. and internationally.”

WATCH: How Netflix stock has made long-term investors rich


Company: cnbc, Activity: cnbc, Date: 2019-01-04  Authors: thomas franck, robyn beck, afp, getty images
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Huawei CFO arrest hits Asian tech stocks hard; broader markets sell-off as global rout continues

Technology stocks across the region were under pressure, including many Huawei partners and suppliers. Taiwan’s major tech names also struggled: Catcher Technology fell 9.89 percent, Taiwan Semiconductor was down 2.65 percent, Largan Precision lost 9.94 percent and iPhone assembler Hon Hai dropped 3.63 percent. “Huawei equipment is more widely used (than ZTE is) by carriers around the world, including in Europe and Africa,” they said. ZTE shares listed in Hong Kong were down 5.94 percent on the


Technology stocks across the region were under pressure, including many Huawei partners and suppliers. Taiwan’s major tech names also struggled: Catcher Technology fell 9.89 percent, Taiwan Semiconductor was down 2.65 percent, Largan Precision lost 9.94 percent and iPhone assembler Hon Hai dropped 3.63 percent. “Huawei equipment is more widely used (than ZTE is) by carriers around the world, including in Europe and Africa,” they said. ZTE shares listed in Hong Kong were down 5.94 percent on the
Huawei CFO arrest hits Asian tech stocks hard; broader markets sell-off as global rout continues Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-12-06  Authors: saheli roy choudhury, eustance huang, miguel candela, sopa images, lightrocket, getty images
Keywords: news, cnbc, companies, rout, continues, shares, stocks, fell, markets, hits, equipment, technology, major, tech, softbank, represents, selloff, hard, huawei, global, zte


Huawei CFO arrest hits Asian tech stocks hard; broader markets sell-off as global rout continues

Technology stocks across the region were under pressure, including many Huawei partners and suppliers.

Chipmaker Samsung tumbled 2.29 percent, Sunny Optical, which makes some of the lenses for Huawei phones, fell 5.47 percent and AAC Technologies declined 5.59 percent on the day. Chinasoft International, where Huawei is a strategic shareholder, dropped 11.71 percent.

Shares of Nikkei heavyweight SoftBank Group fell 4.93 percent. Last year, SoftBank and Huawei jointly demonstrated potential use of the next generation of high-speed mobile internet; SoftBank is taking its mobile unit public on Dec. 19.

The negative sentiment rippled through the broader Japanese tech sector, with shares of Tokyo Electron down 4.54 percent, Advantest falling 5.30 percent and TDK Corp dropping 6.64 percent.

Taiwan’s major tech names also struggled: Catcher Technology fell 9.89 percent, Taiwan Semiconductor was down 2.65 percent, Largan Precision lost 9.94 percent and iPhone assembler Hon Hai dropped 3.63 percent. Asia’s Apple suppliers, in general, saw Thursday declines.

Analysts at Jefferies pointed out that Huawei has a major global presence in various technology areas such as telecommunications equipment, semiconductors, smartphones and cloud computing. It also represents a major growth driver for many tech manufacturers.

Huawei’s Meng, who is the daughter of the company’s founder, faces extradition to the U.S., according to Canada’s Department of Justice.

While the arrest represents a new escalation in American efforts to hold Chinese companies accountable for violation of U.S. laws, it is likely to elicit an angry reaction from Beijing, according to Eurasia Group.

“The investigation of Huawei could be a prelude to further action against the firm and its senior officials,” the Eurasia Group analysts said, adding that if the U.S. places a sudden ban on Huawei equipment, like it did with ZTE, the impact would be much greater.

“Huawei equipment is more widely used (than ZTE is) by carriers around the world, including in Europe and Africa,” they said.

ZTE shares listed in Hong Kong were down 5.94 percent on the day.

Both Huawei and ZTE are restricted from selling telecoms equipment in the U.S. due to what the U.S. describes as national security concerns.


Company: cnbc, Activity: cnbc, Date: 2018-12-06  Authors: saheli roy choudhury, eustance huang, miguel candela, sopa images, lightrocket, getty images
Keywords: news, cnbc, companies, rout, continues, shares, stocks, fell, markets, hits, equipment, technology, major, tech, softbank, represents, selloff, hard, huawei, global, zte


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Here’s the age at which you’ll earn the most in your career

Your peak earning years may be closer than you think. PayScale also found that when you earn the most during your career depends on your gender: Pay growth for college-educated women essentially stops around age 40. However, a shift occurs at age 34, when women’s earning growth starts to slow and men’s remains steady. Blue represents pay growth for men and orange represents pay growth for women. Here’s the full break down of the median pay by age and gender for full-time workers with a Bachelor’


Your peak earning years may be closer than you think. PayScale also found that when you earn the most during your career depends on your gender: Pay growth for college-educated women essentially stops around age 40. However, a shift occurs at age 34, when women’s earning growth starts to slow and men’s remains steady. Blue represents pay growth for men and orange represents pay growth for women. Here’s the full break down of the median pay by age and gender for full-time workers with a Bachelor’
Here’s the age at which you’ll earn the most in your career Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-02  Authors: kathleen elkins, nbc, getty images
Keywords: news, cnbc, companies, earn, typical, heres, age, career, pay, earning, peak, payscale, growth, workers, youll, wages, represents


Here's the age at which you'll earn the most in your career

Your peak earning years may be closer than you think. According to compensation research firm PayScale, full-time workers with Bachelor’s degrees tend to make the most money in their 40s and 50s.

PayScale also found that when you earn the most during your career depends on your gender: Pay growth for college-educated women essentially stops around age 40. For college-educated men, wages continue to grow for another decade and peak in their early 50s.

Male college graduates earn more from the get-go: They bring home a median salary of $50,700 at age 22, while their female counterparts earn $39,500 per year, for a difference of $11,200.

From ages 22 to 33, women’s pay actually grows slightly faster than men’s. However, a shift occurs at age 34, when women’s earning growth starts to slow and men’s remains steady.

By age 41, college-educated women see their salaries peak at about $61,000. Meanwhile, men continue seeing increases up until age 53, at which point they’re earning about $95,000.

“The smallest gap in raw wages occurs at age 25 (with the typical working man earning $10,600 than the typical working woman), and is largest at age 54 (when the typical man earns $32,800 more than the typical woman),” Payscale reports.

PayScale’s chart maps out the percent growth in pay by gender from age 22 to 67. Blue represents pay growth for men and orange represents pay growth for women.

The data “only represents wages for those who remain in the workforce,” PayScale notes. “The fall in wages for both genders over the age of 60 is likely due to people dropping out of the workforce due to retirement.”

Here’s the full break down of the median pay by age and gender for full-time workers with a Bachelor’s degree. PayScale surveyed 972,788 U.S. workers between July 2015 and July 2018:


Company: cnbc, Activity: cnbc, Date: 2018-11-02  Authors: kathleen elkins, nbc, getty images
Keywords: news, cnbc, companies, earn, typical, heres, age, career, pay, earning, peak, payscale, growth, workers, youll, wages, represents


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The 1 percent makes over $1 million more than everyone else in the US

Income inequality is a persistent, growing problem in the United States, the Economic Policy Institute reports, and it’s gotten worse “in every state since the 1970s.” Americans in the top 1 percent of earners make an average of $1.32 million per year, compared to those in the bottom 99 percent, who earn just $50,107. In the chart below, the blue dot represents the average annual income for those in the bottom 99 percent and the red dot represents average annual income for those in the top 1 per


Income inequality is a persistent, growing problem in the United States, the Economic Policy Institute reports, and it’s gotten worse “in every state since the 1970s.” Americans in the top 1 percent of earners make an average of $1.32 million per year, compared to those in the bottom 99 percent, who earn just $50,107. In the chart below, the blue dot represents the average annual income for those in the bottom 99 percent and the red dot represents average annual income for those in the top 1 per
The 1 percent makes over $1 million more than everyone else in the US Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-12  Authors: shawn m carter, dominic lipinski, getty images
Keywords: news, cnbc, companies, average, inequality, makes, income, million, represents, united, earners, annual, 99, family, state


The 1 percent makes over $1 million more than everyone else in the US

Income inequality is a persistent, growing problem in the United States, the Economic Policy Institute reports, and it’s gotten worse “in every state since the 1970s.” Americans in the top 1 percent of earners make an average of $1.32 million per year, compared to those in the bottom 99 percent, who earn just $50,107.

“In 2015, a family in the top 1 percent nationally received, on average, 26.3 times as much income as a family in the bottom 99 percent,” the EPI reports.

To find out where people in the top 1 percent make the most compared to those in the bottom 99 percent, How Much used EPI data to plot the average annual income for top earners in each state against that of the rest of the earners there.

In the chart below, the blue dot represents the average annual income for those in the bottom 99 percent and the red dot represents average annual income for those in the top 1 percent. The gray bar in between represents the size of the gap: The longer the bar, the larger the distance between the groups.

How Much: Income inequality in the United States.

Here are the top 10 places with the highest income inequality in the U.S.:


Company: cnbc, Activity: cnbc, Date: 2018-10-12  Authors: shawn m carter, dominic lipinski, getty images
Keywords: news, cnbc, companies, average, inequality, makes, income, million, represents, united, earners, annual, 99, family, state


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I shopped for a $260,000 Patek Philippe and compared a $60 knock-off

“For many, Patek Philippe is religion,” says John Reardon, international head of watches at Christie’s. “Patek Philippe represents the finest watches human kind … can make or has made or will make, but actually represents the best of the best whether it was 150 years ago or today.” But with a sterling reputation also comes an eye-catching price tag. At the Tiffany & Co. flagship store off New York’s Fifth Avenue, the Patek Philippe 5271p Grand Complications will set you back $260,825 — before


“For many, Patek Philippe is religion,” says John Reardon, international head of watches at Christie’s. “Patek Philippe represents the finest watches human kind … can make or has made or will make, but actually represents the best of the best whether it was 150 years ago or today.” But with a sterling reputation also comes an eye-catching price tag. At the Tiffany & Co. flagship store off New York’s Fifth Avenue, the Patek Philippe 5271p Grand Complications will set you back $260,825 — before
I shopped for a $260,000 Patek Philippe and compared a $60 knock-off Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-27  Authors: zack guzman, brian dowling, wireimage, getty images, cnbcs zack guzman, nate skid, cnbcs nate skid
Keywords: news, cnbc, companies, represents, knockoff, patek, 260000, watch, shopped, tag, philippe, set, sold, 60, brand, price, compared, watches


I shopped for a $260,000 Patek Philippe and compared a $60 knock-off

Of course, for watch enthusiasts, the brand, founded in 1839, is not a new discovery; it has long been the preeminent mark of luxury.

“For many, Patek Philippe is religion,” says John Reardon, international head of watches at Christie’s. “Patek Philippe represents the finest watches human kind … can make or has made or will make, but actually represents the best of the best whether it was 150 years ago or today.”

The brand has set itself apart with a unique combination of craftsmanship and utility, featuring some of the most complicated functions found in mechanical watches, such as perpetual calendars and double chronographs.

But with a sterling reputation also comes an eye-catching price tag. At the Tiffany & Co. flagship store off New York’s Fifth Avenue, the Patek Philippe 5271p Grand Complications will set you back $260,825 — before taxes. Historic pieces often set records. A 1930 Patek Philippe pocket watch sold at auction in 2014, was hailed by Sotheby’s as the most expensive watch ever sold at auction at the time, with a final price tag of $24 million.


Company: cnbc, Activity: cnbc, Date: 2018-08-27  Authors: zack guzman, brian dowling, wireimage, getty images, cnbcs zack guzman, nate skid, cnbcs nate skid
Keywords: news, cnbc, companies, represents, knockoff, patek, 260000, watch, shopped, tag, philippe, set, sold, 60, brand, price, compared, watches


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Here’s how much you have to earn to be in the top 0.01% in every US state

We already let you in on how much the top 1 percent earn, but the top 0.01 percent of U.S. earners are in an entirely different league. According to a new Economic Policy Institute (EPI) report, to be in the top 0.01 percent nationally, a family needs an annual income of $9.77 million. And that number just represents the threshold — the average income of this elite group nationwide is $32.32 million. Read on to see just how much money the 1 percent of the 1 percent make a year in each U.S. state


We already let you in on how much the top 1 percent earn, but the top 0.01 percent of U.S. earners are in an entirely different league. According to a new Economic Policy Institute (EPI) report, to be in the top 0.01 percent nationally, a family needs an annual income of $9.77 million. And that number just represents the threshold — the average income of this elite group nationwide is $32.32 million. Read on to see just how much money the 1 percent of the 1 percent make a year in each U.S. state
Here’s how much you have to earn to be in the top 0.01% in every US state Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-02  Authors: kathleen elkins, kathy hicks, getty images, david ryder, bloomberg, ionas kaltenbach, lonely planet images, gavin hellier, john greim, lightrocket
Keywords: news, cnbc, companies, 001, state, nationwide, represents, policy, needs, heres, income, number, report, earn, threshold


Here's how much you have to earn to be in the top 0.01% in every US state

We already let you in on how much the top 1 percent earn, but the top 0.01 percent of U.S. earners are in an entirely different league.

According to a new Economic Policy Institute (EPI) report, to be in the top 0.01 percent nationally, a family needs an annual income of $9.77 million. And that number just represents the threshold — the average income of this elite group nationwide is $32.32 million.

Read on to see just how much money the 1 percent of the 1 percent make a year in each U.S. state.


Company: cnbc, Activity: cnbc, Date: 2018-08-02  Authors: kathleen elkins, kathy hicks, getty images, david ryder, bloomberg, ionas kaltenbach, lonely planet images, gavin hellier, john greim, lightrocket
Keywords: news, cnbc, companies, 001, state, nationwide, represents, policy, needs, heres, income, number, report, earn, threshold


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Amazon shares slide despite record Prime Day results

Shares of Amazon ticked lower on Wednesday despite the e-commerce giant reporting its annual Prime Day was its biggest sales event ever. Coresight Research had forecast Prime Day sales to hit at least $3.4 billion. A company spokeswoman also told CNBC on Tuesday morning that “Prime Day sales in the U.S. so far are bigger than ever – in fact, in the first ten hours Prime Day grew even faster, year-over-year, than the first ten hours last year.” Feedvisor also said Prime Day sales in the first 12


Shares of Amazon ticked lower on Wednesday despite the e-commerce giant reporting its annual Prime Day was its biggest sales event ever. Coresight Research had forecast Prime Day sales to hit at least $3.4 billion. A company spokeswoman also told CNBC on Tuesday morning that “Prime Day sales in the U.S. so far are bigger than ever – in fact, in the first ten hours Prime Day grew even faster, year-over-year, than the first ten hours last year.” Feedvisor also said Prime Day sales in the first 12
Amazon shares slide despite record Prime Day results Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-07-18  Authors: fred imbert, mike segar
Keywords: news, cnbc, companies, represents, sold, record, shares, event, day, results, stock, prime, sales, piper, slide, despite, hours, amazon


Amazon shares slide despite record Prime Day results

Shares of Amazon ticked lower on Wednesday despite the e-commerce giant reporting its annual Prime Day was its biggest sales event ever.

The stock fell 0.1 percent after closing at a record high in the previous session.

Amazon said more than 100 million products were sold during the event, adding it was the company’s “biggest in history.” However, it was not initially clear how much that represents in actual revenue.

Coresight Research had forecast Prime Day sales to hit at least $3.4 billion. Early indications of the event had been positive.

Amazon said in a press release late Tuesday that small and medium-sized businesses had sold more than $1 billion in since Monday, when the event started. A company spokeswoman also told CNBC on Tuesday morning that “Prime Day sales in the U.S. so far are bigger than ever – in fact, in the first ten hours Prime Day grew even faster, year-over-year, than the first ten hours last year.” Feedvisor also said Prime Day sales in the first 12 hours of the event rose 89 percent compared to last year’s sales event.

Separately, Piper Jaffray raised its price target on Amazon to $2,075 from $1,850 late Tuesday. The new forecast represents a 13 percent gain from Tuesday’s close. Piper cited strength in Amazon’s AWS business, rather than the retail unit, as reason for the increased upside over the coming 12 months.

Prime Day got off to a rough start, however, as a massive glitch redirected shoppers away from the deals to pictures of dogs.

The sales event has historically been a positive catalyst for Amazon’s stock. Amazon averages a return of 1.91 percent five days after Prime Day, outperforming the S&P 500 in that time period, according to CNBC analysis using Kensho.


Company: cnbc, Activity: cnbc, Date: 2018-07-18  Authors: fred imbert, mike segar
Keywords: news, cnbc, companies, represents, sold, record, shares, event, day, results, stock, prime, sales, piper, slide, despite, hours, amazon


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Trump-Kim Jong Un summit represents the ‘normalization’ of North Korea

Kim Jong Un’s historic meeting with President Donald Trump will change the North Korean leader’s standing in the world, a specialist on U.S.-Korea relations said Monday. “This is essentially the normalization of Kim Jong Un and North Korea on the international stage,” Scott Snyder, director of the program on U.S.-Korea policy at the Council on Foreign Relations, told CNBC’s “Worldwide Exchange.” Snyder, also senior fellow for Korea studies at CFR, cautioned that “normalization” could come with “


Kim Jong Un’s historic meeting with President Donald Trump will change the North Korean leader’s standing in the world, a specialist on U.S.-Korea relations said Monday. “This is essentially the normalization of Kim Jong Un and North Korea on the international stage,” Scott Snyder, director of the program on U.S.-Korea policy at the Council on Foreign Relations, told CNBC’s “Worldwide Exchange.” Snyder, also senior fellow for Korea studies at CFR, cautioned that “normalization” could come with “
Trump-Kim Jong Un summit represents the ‘normalization’ of North Korea Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-06-11  Authors: berkeley lovelace jr
Keywords: news, cnbc, companies, trumpkim, kim, north, world, represents, told, normalization, uskorea, trump, wants, jong, korea, summit


Trump-Kim Jong Un summit represents the 'normalization' of North Korea

Kim Jong Un’s historic meeting with President Donald Trump will change the North Korean leader’s standing in the world, a specialist on U.S.-Korea relations said Monday.

“This is essentially the normalization of Kim Jong Un and North Korea on the international stage,” Scott Snyder, director of the program on U.S.-Korea policy at the Council on Foreign Relations, told CNBC’s “Worldwide Exchange.”

Snyder, also senior fellow for Korea studies at CFR, cautioned that “normalization” could come with “consequences.” Therefore, the Trump administration’s challenge will be to ensure the U.S. is not normalizing the isolated country as a nuclear weapons state, he said.

Earlier Monday, Secretary of State Mike Pompeo said the summit between Trump and Kim, which begins Tuesday in Singapore (Monday night EDT), is “truly a mission of peace.” He added that the United States is “eager” to see if Kim is “sincere” about denuclearization.

Sanctions on North Korea would remain in place until that had happened, Pompeo added. “If diplomacy does not move in the right direction … those measures will increase.”

Trump and Kim arrived in the Southeast Asian city-state on Sunday.

Trump said over the weekend he’s confident “something positive will happen” and expects that “Kim Jong Un wants to do something great for his people, and he has that opportunity.”

The president has said he wants to strike a deal to get the North to give up its nuclear weapons.

John Park, director of the Korea Working Group and adjunct lecturer at the Harvard Kennedy School, told CNBC’s “Squawk Box” the summit is meant to get something on the table between the two counties. He said he expects more “ups and downs” following the meeting.

Park said the world will be watching for some sort of joint declaration between Trump and Kim as well as the official launch of the denuclearization of North Korea.


Company: cnbc, Activity: cnbc, Date: 2018-06-11  Authors: berkeley lovelace jr
Keywords: news, cnbc, companies, trumpkim, kim, north, world, represents, told, normalization, uskorea, trump, wants, jong, korea, summit


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