How to take advantage of all the uncertainty with the stock market

Investors then exacerbated the losses because they were out of the market for the subsequent recovery. As the stock market swings amid tariff and trade war threats , you might get nervous about the effects on your 401(k) or other investments. “I truly believe it’s not timing the market, but time in the market that counts for increasing wealth, ” says Schultz. “But you have to be invested in the stock market or you won’t benefit.” Just as it’s a sure thing the stock market will decline in value,


Investors then exacerbated the losses because they were out of the market for the subsequent recovery. As the stock market swings amid tariff and trade war threats , you might get nervous about the effects on your 401(k) or other investments. “I truly believe it’s not timing the market, but time in the market that counts for increasing wealth, ” says Schultz. “But you have to be invested in the stock market or you won’t benefit.” Just as it’s a sure thing the stock market will decline in value,
How to take advantage of all the uncertainty with the stock market Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-14  Authors: alicia adamczyk
Keywords: news, cnbc, companies, schultz, sp, markets, stock, uncertainty, advantage, sell, points, losses, 401k, market, youre


How to take advantage of all the uncertainty with the stock market

Because the average investor withdrew funds when the market declined last year, they recorded losses of 9.42%, per the report, compared to just 4.38% for the S&P on the whole.

Behavior at the end of 2018 is a striking example. As the market soured in the final months of the year, investors pulled funds to mitigate losses, according to DALBAR’s 2018 Investor Behavior Study , but not nearly enough to avoid the full fall. Investors then exacerbated the losses because they were out of the market for the subsequent recovery.

As the stock market swings amid tariff and trade war threats , you might get nervous about the effects on your 401(k) or other investments. But a shaky market is no reason to stray from your financial plan.

Take the long view

If you’re saving for retirement through a 401(k) or IRA, then you’re investing for the long term. Movements in the market now shouldn’t matter much to you if you’re decades away from taking disbursements.

Some experts warn that a bear market is imminent. Even if that doesn’t turn out to be true — there’s no way to predict what the market will do with 100% accuracy — there will be a downturn eventually. Recognizing that should help you overcome urges to sell when things look bad, because the best thing you can do is to keep investing, Danielle Schultz, a certified financial planner, tells CNBC Make It. Embrace the uncertainty.

“I truly believe it’s not timing the market, but time in the market that counts for increasing wealth, ” says Schultz.

In fact, Schultz says young people should “pray for bad markets.” If you are contributing the same amount of money to a 401(k) or Roth IRA as you were when markets when higher, then you’re getting shares at what is effectively a discount.

“Of course this is terrible for retirees, but generally bad markets early in your career allow you to accumulate more shares at lower prices,” says Schultz. “But you have to be invested in the stock market or you won’t benefit.”

You also don’t want to miss out on the recovery. Just as it’s a sure thing the stock market will decline in value, historically it has always recovered. Take this example, from “Broke Millennial Takes on Investing,” by Erin Lowry:

Investors who stayed the course during the Great Recession were well rewarded in the decade following the crash. The Dow had dropped to 6,547 points in 2009, but it soared to new, prerecession highs by 2018, when it closed at more than 26,000 points. The S&P 500 index quadrupled during the bull run, from its low of 676 points in March 2009 to as high as 2,872 points in January 2018.

If you want a better picture of the true historical gains of the market over time, Schultz recommends looking up what the S&P 500 was on the day you were born, or at the bottom of the recession. Compare that to today for some perspective.

“The long term trend of the market is up, but it’s not steady,” she says.

The best way to avoid the market anxiety is to set up automatic contributions to your 401(k) or IRA, and forget about them. That takes emotion out of the equation when the market moves. Just ask Warren Buffett.

“Don’t watch the market closely, ” Buffett told CNBC in 2016. “If they’re trying to buy and sell stocks, and worry when they go down a little bit … and think they should maybe sell them when they go up, they’re not going to have very good results.”

Don’t miss: Why it’s a great time for millennials to contribute to a Roth IRA

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Company: cnbc, Activity: cnbc, Date: 2019-06-14  Authors: alicia adamczyk
Keywords: news, cnbc, companies, schultz, sp, markets, stock, uncertainty, advantage, sell, points, losses, 401k, market, youre


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Apple makes Comcast and Charter sell iPads, other devices as part of mobile deal

The deal helps Apple sell more iPads, a chief area of concern for Apple when the device maker first struck the agreement with Comcast two years ago. Charter has a different agreement with Apple because the second-largest U.S. cable company allows its customers to use Apple TVs as replacement set-top devices for Charter’s legacy boxes. Charter sells Apple TVs at $7.50 per month for 24 months — or $180, the retail cost of an Apple TV. In other words, Charter offers an Apple TV at the same price a


The deal helps Apple sell more iPads, a chief area of concern for Apple when the device maker first struck the agreement with Comcast two years ago. Charter has a different agreement with Apple because the second-largest U.S. cable company allows its customers to use Apple TVs as replacement set-top devices for Charter’s legacy boxes. Charter sells Apple TVs at $7.50 per month for 24 months — or $180, the retail cost of an Apple TV. In other words, Charter offers an Apple TV at the same price a
Apple makes Comcast and Charter sell iPads, other devices as part of mobile deal Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-13  Authors: alex sherman kif leswing, alex sherman, kif leswing
Keywords: news, cnbc, companies, sell, ipads, charter, iphone, deal, tvs, tv, devices, agreement, mobile, makes, apple, comcast


Apple makes Comcast and Charter sell iPads, other devices as part of mobile deal

Comcast and Charter have learned a hard lesson as they build out their mobile offerings: this is Apple’s world, and they’re just living in it.

As part of their deal to carry the iPhone with their fledgling mobile plans, Apple has compelled the two largest U.S. cable companies to sell large numbers of other Apple devices as well, according to people familiar with the matter. (Comcast owns NBCUniversal, the parent company of CNBC.)

Both Charter and Comcast offer wireless service as part of a joint mobile virtual network operator (MVNO) agreement with Verizon, originally agreed to in 2012. Comcast, which started its sevice in 2017, has about 1.5 million Xfinity mobile subscribers, and Charter, which started last September, had more than 300,000 as of March 31.

The cable providers decided they could not offer a viable mobile service to compete with Verizon, AT&T, Sprint and T-Mobile without carrying the iPhone, giving Apple ample leverage in negotiations, said the people. Extracting the best deal from partners is standard business, but it’s a reminder of Apple’s significant strength over the broader telecommunications ecosystem as federal regulators lay the groundwork for potential antitrust cases against the largest technology companies.

While the exact details of Comcast and Charter’s agreement are private, Comcast has to sell a certain number of iPads, in the thousands, at a subsidized cost — with Comcast paying for the difference between the discounted price and the retail price, the people said. The deal helps Apple sell more iPads, a chief area of concern for Apple when the device maker first struck the agreement with Comcast two years ago.

Comcast sells the 6th generation 32 GB 9.7-inch cellular iPad for $422.99. Apple and Charter retail the same device for $459.

Charter has a different agreement with Apple because the second-largest U.S. cable company allows its customers to use Apple TVs as replacement set-top devices for Charter’s legacy boxes. Comcast doesn’t allow Apple TVs to replace its Xfinity X1 boxes. As a result, Charter doesn’t have the same subsidized sales requirement for iPads that Comcast does.

Charter sells Apple TVs at $7.50 per month for 24 months — or $180, the retail cost of an Apple TV. Alternatively, a customer can lease a Charter set-top box for $7.50 per month. In other words, Charter offers an Apple TV at the same price as a Charter set-top box, but a customer ends up owning the Apple TV and returning the Charter box.

Charter has become the largest third-party seller of Apple TVs because of the agreement, two of the people said.

The mobile providers gain some benefits from the agreement with Apple. Mobile devices such as iPads and Apple Watches, which Comcast has also recently begun selling, enhance the value of Comcast’s wireless service. And customers may prefer navigating through an Apple TV than a clunkier, older Charter user interface.

Apple has long-running relationships with more established carriers in the U.S. and around the world, and it’s common for companies like AT&T and Verizon to sell a variety of Apple products in addition to the iPhone. Apple’s products are designed to work together in an ecosystem, so it’s logical that an iPhone buyer might want to buy other Apple products in the same transaction.

Apple has more than 45 percent market share for U.S. smartphones, according to Kantar research. Apple’s iPad revenue growth began to slow in 2016 and declined on an annualized basis during the first two quarters of 2017, prompting Apple to push the large iPad selling requirement on Comcast, one of the people said.

Apple declined to comment.

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

WATCH: Everything Apple announced at its WWDC keynote in 280 seconds.


Company: cnbc, Activity: cnbc, Date: 2019-06-13  Authors: alex sherman kif leswing, alex sherman, kif leswing
Keywords: news, cnbc, companies, sell, ipads, charter, iphone, deal, tvs, tv, devices, agreement, mobile, makes, apple, comcast


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General Electric wants to sell its stake in more than 100 start-ups

GE Ventures is looking for a buyer for its portfolio of more than 100 start-ups, according to people familiar with the matter, as parent company General Electric tries to orchestrate a turnaround and get its debt problem under control. GE Ventures hired investment bank Lazard to manage the process, said two of the people. GE Ventures has invested in a range of start-ups in areas like energy, technology and health care. GE Ventures was started by Sue Siegel, who is now GE’s chief innovation offic


GE Ventures is looking for a buyer for its portfolio of more than 100 start-ups, according to people familiar with the matter, as parent company General Electric tries to orchestrate a turnaround and get its debt problem under control. GE Ventures hired investment bank Lazard to manage the process, said two of the people. GE Ventures has invested in a range of start-ups in areas like energy, technology and health care. GE Ventures was started by Sue Siegel, who is now GE’s chief innovation offic
General Electric wants to sell its stake in more than 100 start-ups Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-13  Authors: christina farr
Keywords: news, cnbc, companies, sell, months, 100, health, ventures, venture, stake, wants, partners, turnaround, ge, portfolio, according, company, startups, general, electric


General Electric wants to sell its stake in more than 100 start-ups

GE Ventures is looking for a buyer for its portfolio of more than 100 start-ups, according to people familiar with the matter, as parent company General Electric tries to orchestrate a turnaround and get its debt problem under control.

The venture arm, which started in 2013, has been shopping itself for several months and is in discussions with other venture firms as well as groups of limited partners who invest in those funds, said the people, who asked not to be named because the discussions are confidential. GE Ventures hired investment bank Lazard to manage the process, said two of the people.

GE is in a difficult financial position, with $110 billion in debt as of March 31, according to FactSet, and it continues to burn cash as CEO Larry Culp works through what he’s calling a multiyear turnaround. The stock is down 23% over the past 12 months even after rallying 43% so far this year. GE Capital reduced its liabilities in the first quarter, completing $1.1 billion in asset reductions in the period. GE is also under investigation for its accounting practices.

GE Ventures has invested in a range of start-ups in areas like energy, technology and health care. Its portfolio includes Evidation Health, which focuses on clinical studies, Verana Health, a patient-focused life sciences company, and augmented reality software developer Upskill.

Selling a venture portfolio is particularly challenging because the buyer has to assume ownership of not only the companies that have market traction but also those that are struggling, and in start-up land there tend to be far more failures than successes. GE has made clear to potential buyers that it does not want to sell off its investments on a piecemeal basis, but would prefer to offload the entire basket and ideally find a home for its remaining partners, people familiar with the matter said.

“During this time of transformation for GE, we are evaluating strategic options for GE Ventures to continue delivering returns for our shareholders and partners,” said Megan Newhouse, a GE spokesperson, in a statement. “While we can’t comment specifically on that process, we remain committed to supporting our portfolio companies, business units and partnering with the entrepreneurial ecosystem.”

Lazard declined to comment.

GE Ventures was started by Sue Siegel, who is now GE’s chief innovation officer and remains CEO of the ventures arm, according to her company bio. Many of the group’s top partners have left the firm in recent months, including Lisa Suennen, Noah Lewis and Jessica Zeaske.

In January, MedCityNews reported that GE Ventures would look to spin out from its parent company. The company has since shifted its strategy to focus instead on a search for a buyer.

Correction: The Key Points of this article have been updated with the correct percentage GE’s stock has fallen over the last 12 months.

WATCH: GE could rally another 80% from here, says pro


Company: cnbc, Activity: cnbc, Date: 2019-06-13  Authors: christina farr
Keywords: news, cnbc, companies, sell, months, 100, health, ventures, venture, stake, wants, partners, turnaround, ge, portfolio, according, company, startups, general, electric


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Stocks making the biggest moves midday: Beyond Meat, GameStop, Tableau, Raytheon & more

Beyond Meat CEO Ethan Brown speaks before ringing the opening bell at Nasdaq MarketSite, May 2, 2019 in New York City. Check out the companies making headlines in midday trading Monday:Beyond Meat— Shares of Beyond Meat popped 21%, on pace for its third best day ever. The maker of plant-based meat substitutes has surged nearly 600% from its IPO price of $25 per share. Tableau Software— Shares of Tableau soared more than 33% after Salesforce.com said it will buy the big data firm for $15.3 billio


Beyond Meat CEO Ethan Brown speaks before ringing the opening bell at Nasdaq MarketSite, May 2, 2019 in New York City. Check out the companies making headlines in midday trading Monday:Beyond Meat— Shares of Beyond Meat popped 21%, on pace for its third best day ever. The maker of plant-based meat substitutes has surged nearly 600% from its IPO price of $25 per share. Tableau Software— Shares of Tableau soared more than 33% after Salesforce.com said it will buy the big data firm for $15.3 billio
Stocks making the biggest moves midday: Beyond Meat, GameStop, Tableau, Raytheon & more Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-10  Authors: maggie fitzgerald
Keywords: news, cnbc, companies, buy, shares, gamestop, tableau, stocks, meat, companies, moves, company, price, midday, surged, stock, biggest, making, sell, rose, raytheon


Stocks making the biggest moves midday: Beyond Meat, GameStop, Tableau, Raytheon & more

Beyond Meat CEO Ethan Brown speaks before ringing the opening bell at Nasdaq MarketSite, May 2, 2019 in New York City.

Check out the companies making headlines in midday trading Monday:

Beyond Meat— Shares of Beyond Meat popped 21%, on pace for its third best day ever. Earlier the stock hit $186.43 per share, an all-time high. The maker of plant-based meat substitutes has surged nearly 600% from its IPO price of $25 per share. The company soared a whopping 39% on Friday after it reported better-than-expected first-quarter earnings.

Retail stocks surged as the S&P retail ETF the XRT rose 0.8%. Two of the leaders of the XRT included GameStop, which jumped 8% after the gaming company announced it would buy back up to 12 million shares and Shutterfly, which rose 7% but closed up only 2%, after Reuters reported Apollo Global Management is in the lead to buy the company.

Shares of United Technologies fell 3% and Raytheon jumped less than 1% after the companies announced the previous day that they would merge into a defense and aerospace giant. The new company will be the second-largest aerospace and defense company in the U.S. by revenue, behind Boeing, as the companies estimate a combined annual sales of around $74 million. The new company will be called Raytheon Technologies.

Tableau Software— Shares of Tableau soared more than 33% after Salesforce.com said it will buy the big data firm for $15.3 billion. The all-stock deal is the biggest acquisition in Salesforce’s history as it seeks to provide more data insights to its clients. Shares of Salesforce fell 5%.

Tilray— Shares of Tilray surged more than 11% after the Canadian weed company said it has reached a deal with private equity fund Privateer Holdings to sell the fund’s stake gradually over the next two years. Privateer is a cannabis company backed by venture capitalist Peter Thiel, and it holds 75 million Tilray shares, or 77% of the outstanding shares.

Redfin— Shares of online real-estate company Redfin jumped more than 7% after Stephens upgraded the stock to overweight from underweight and raised its target price to $23 from $18. Stephens said the company is beginning to “lay the groundwork for more e-commerce type” offerings in the real estate space.

Analog Devices— Shares of Analog Devices rose more than 5% after Goldman Sachs upgraded the chipmaker to buy from sell. Goldman updated its 12-month price target to $114 for Analog. Since the bank put Analog on its sell list, the stock has risen 21%, leading Goldman to conclude its sell thesis “has not worked.”

Spark Therapeutics— Shares of Spark Therapeutics tanked more than 8% on news that Swiss drugmaker Roche’s $4.3 billion bid to buy the U.S. gene therapy specialist was delayed again due to U.S. and UK scrutiny. The U.S. Federal Trade Commission requested information and the UK Competition and Markets Authority opened an investigation into the two companies.

— CNBC’s Yun Li contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-06-10  Authors: maggie fitzgerald
Keywords: news, cnbc, companies, buy, shares, gamestop, tableau, stocks, meat, companies, moves, company, price, midday, surged, stock, biggest, making, sell, rose, raytheon


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Amazon paid a Trump fundraiser to lobby against vendors who sell counterfeit goods

Amazon tapped a lobbying firm run by an ally of President Donald Trump to push for government action against vendors selling counterfeit goods – an issue that has come under greater scrutiny during the U.S. trade battle with China. They’re trying to “stop third party actors from shipping fake Nikes to the United States under the guise that they’re real products,” said a person familiar with their efforts. Amazon is increasingly concerned about fake and pirated products on its marketplace. In Apr


Amazon tapped a lobbying firm run by an ally of President Donald Trump to push for government action against vendors selling counterfeit goods – an issue that has come under greater scrutiny during the U.S. trade battle with China. They’re trying to “stop third party actors from shipping fake Nikes to the United States under the guise that they’re real products,” said a person familiar with their efforts. Amazon is increasingly concerned about fake and pirated products on its marketplace. In Apr
Amazon paid a Trump fundraiser to lobby against vendors who sell counterfeit goods Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-04  Authors: brian schwartz
Keywords: news, cnbc, companies, amazon, paid, counterfeit, products, vendors, tariff, fake, shipping, lobby, lobbying, goods, trump, fundraiser, trade, sell


Amazon paid a Trump fundraiser to lobby against vendors who sell counterfeit goods

Amazon tapped a lobbying firm run by an ally of President Donald Trump to push for government action against vendors selling counterfeit goods – an issue that has come under greater scrutiny during the U.S. trade battle with China.

From July 2018 until March 2019, Amazon has been paying Ballard Partners up to $70,000 each quarter for, in part, lobbying on issues related to “trade and tariff policy,” according to three disclosure reports. However, people familiar with the matter said that the disclosure reports only tell part of the story.

Brian Ballard, a leading fundraiser in Florida for Trump during the 2016 presidential election, has been lobbying members of Trump’s administration and Congress on Amazon’s behalf to fight back against third party vendors who are selling fake products to their customers.

They’re trying to “stop third party actors from shipping fake Nikes to the United States under the guise that they’re real products,” said a person familiar with their efforts. Amazon is increasingly concerned about fake and pirated products on its marketplace. In a February warning to investors, the company used the word “counterfeit” for the first time.

In April, a month after the lobbying firm’s last recorded effort on “trade and tariff” policies for Amazon, Trump signed a memorandum that aimed to curb the sale of counterfeit items online.

“This is a shot across the bow to those companies. If you don’t clean it up, then the government will,” Trump trade advisor Peter Navarro, who is known as a China hawk, told reporters at the time. The memorandum calls on the Departments of Homeland Security, Commerce and Justice to issue a report recommending potential regulatory measures to combat the sale and eventual shipping of these fake goods.


Company: cnbc, Activity: cnbc, Date: 2019-06-04  Authors: brian schwartz
Keywords: news, cnbc, companies, amazon, paid, counterfeit, products, vendors, tariff, fake, shipping, lobby, lobbying, goods, trump, fundraiser, trade, sell


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Amid Huawei row, China to list ‘unreliable’ foreign entities that harm Chinese firms

Dow stock Intel could see sharp rebound after worst month in…Investors took the ‘sell in May’ mantra to heart this month, sending around two-thirds of the Dow into a correction or worse. One of those names looks primed for a comeback. Trading Nationread more


Dow stock Intel could see sharp rebound after worst month in…Investors took the ‘sell in May’ mantra to heart this month, sending around two-thirds of the Dow into a correction or worse. One of those names looks primed for a comeback. Trading Nationread more
Amid Huawei row, China to list ‘unreliable’ foreign entities that harm Chinese firms Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-31
Keywords: news, cnbc, companies, sharp, huawei, dow, month, took, sell, stock, row, twothirds, foreign, harm, entities, sending, worst, unreliable, list, firms, chinese, worse, china


Amid Huawei row, China to list 'unreliable' foreign entities that harm Chinese firms

Dow stock Intel could see sharp rebound after worst month in…

Investors took the ‘sell in May’ mantra to heart this month, sending around two-thirds of the Dow into a correction or worse. One of those names looks primed for a comeback.

Trading Nation

read more


Company: cnbc, Activity: cnbc, Date: 2019-05-31
Keywords: news, cnbc, companies, sharp, huawei, dow, month, took, sell, stock, row, twothirds, foreign, harm, entities, sending, worst, unreliable, list, firms, chinese, worse, china


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Salesforce bans companies that sell certain types of guns from using its software

Salesforce has updated its policy to turn away customers that sell a wide range of firearms to private citizens online, including a small number of existing clients. A company spokesperson confirmed the change to CNBC following a Washington Post report revealing Salesforce was barring certain firearms companies from using its services. The policy was updated in early April to bar customers that sell a range of firearms, including automatic and certain semi-automatic firearms, 3D printed guns and


Salesforce has updated its policy to turn away customers that sell a wide range of firearms to private citizens online, including a small number of existing clients. A company spokesperson confirmed the change to CNBC following a Washington Post report revealing Salesforce was barring certain firearms companies from using its services. The policy was updated in early April to bar customers that sell a range of firearms, including automatic and certain semi-automatic firearms, 3D printed guns and
Salesforce bans companies that sell certain types of guns from using its software Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-30  Authors: lauren feiner
Keywords: news, cnbc, companies, updated, including, bans, sell, software, companies, policy, customers, guns, benioff, certain, types, company, firearms, using, tech, salesforce


Salesforce bans companies that sell certain types of guns from using its software

Salesforce has updated its policy to turn away customers that sell a wide range of firearms to private citizens online, including a small number of existing clients.

A company spokesperson confirmed the change to CNBC following a Washington Post report revealing Salesforce was barring certain firearms companies from using its services. The policy was updated in early April to bar customers that sell a range of firearms, including automatic and certain semi-automatic firearms, 3D printed guns and even blueprints for such guns.

“After carefully reviewing similar policies in the industry and discussing with internal and external stakeholders, we updated our policy,” a Salesforce spokesperson said. “The change affects new customers and a small number of existing customers when their current contracts expire.”

Other tech companies have taken similar actions. Both Amazon and eBay ban the sale of firearms on their platforms, although both allow for the sale of some firearm accessories.

Salesforce’s chief executive Marc Benioff frequently weighs in on political issues. Benioff was a brazen supporter of a measure in San Francisco meant to fund solutions to the homelessness crisis by taxing local companies with more than $50 million in annual revenue — including Salesforce. He’s been quick to lash out at other tech leaders, like Facebook’s Mark Zuckerberg, for fueling tech addiction and has repeatedly compared Facebook to cigarettes.

When it comes to guns, Benioff tweeted support of banning the AR-15 rifle following the deadly shooting at a high school in Parkland, Florida last year.

Salesforce said it hired a chief ethical and humane use officer late last year to “develop a strategic framework for the ethical and humane use of technology across Salesforce,” according to a press release from the announcement.

While the new policy is likely to get criticism from the political right, Salesforce has also received criticism from the left over its policies. The company has been blasted for providing technology to the U.S. Customs and Border Protection Agency. Hundreds of Salesforce’s own employees asked the company to rethink its contract after they said the agency used the service to “manage border activities,” during the Trump administration’s family separation policy, according to a letter obtained by Buzzfeed News.

-CNBC’s Ari Levy contributed to this report.

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Watch: Marc Benioff says San Francisco is still an inequality ‘train wreck’


Company: cnbc, Activity: cnbc, Date: 2019-05-30  Authors: lauren feiner
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Juul is exploring plans to open its own US retail shops

E-cigarette maker Juul Labs is considering opening U.S. retail shops that would admit only adults, a person familiar with the situation told CNBC on Thursday. Should Juul go through with the plans, it will first open store doors in Texas, the person said, cautioning that no formal decision has yet been made. Juul also plans to open a store in South Korea, the person said. The potential plans would give Juul more control over distribution of its products, as regulators have increased their scruti


E-cigarette maker Juul Labs is considering opening U.S. retail shops that would admit only adults, a person familiar with the situation told CNBC on Thursday. Should Juul go through with the plans, it will first open store doors in Texas, the person said, cautioning that no formal decision has yet been made. Juul also plans to open a store in South Korea, the person said. The potential plans would give Juul more control over distribution of its products, as regulators have increased their scruti
Juul is exploring plans to open its own US retail shops Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-30  Authors: angelica lavito lauren hirsch, angelica lavito, lauren hirsch
Keywords: news, cnbc, companies, plans, sales, juul, store, fruity, sell, retail, tobacco, stores, exploring, shops, products, open, person


Juul is exploring plans to open its own US retail shops

A pedestrian walks by an advertisement for JUUL on the door of a smoke shop in New York.

E-cigarette maker Juul Labs is considering opening U.S. retail shops that would admit only adults, a person familiar with the situation told CNBC on Thursday.

Should Juul go through with the plans, it will first open store doors in Texas, the person said, cautioning that no formal decision has yet been made.

Juul also plans to open a store in South Korea, the person said.

The potential plans would give Juul more control over distribution of its products, as regulators have increased their scrutiny of underage sales. Regulators have blamed a teen vaping “epidemic” on Juul. Opening its own stores could allow Juul to monitor sales closely and test technology that could prevent minors from buying its products.

The potential U.S. store would not sell fruity flavored e-cigarettes, the person said. Instead, it will sell only tobacco, mint and menthol flavors. Juul, which introduced its vapes and fruity nicotine pods in 2015, has been criticized by outgoing Food and Drug Administration Commissioner Scott Gottlieb for offering products that he says cater to younger users.

The FDA in March proposed restricting where fruity flavors can be sold, limiting them to age-restricted stores such as vape shops.

Walmart said earlier this month it plans to stop selling fruit- and dessert-flavored e-cigarettes altogether as part of a plan to prevent minors from buying tobacco. It will also increase the minimum age to buy tobacco products to 21 starting July 1.

Juul has over the past year tried to overhaul its image and demonstrate it is a health-focused company that wants to “improve the lives of the world’s one billion adult smokers by eliminating cigarettes,” as its website claims.

The person requested anonymity because the information is confidential. Juul declined to comment. The Wall Street Journal reported Juul’s retail plans earlier Thursday.


Company: cnbc, Activity: cnbc, Date: 2019-05-30  Authors: angelica lavito lauren hirsch, angelica lavito, lauren hirsch
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Former US Senator Thad Cochran of Mississippi dies at 81

Dow stock Intel could see sharp rebound after worst month in…Investors took the ‘sell in May’ mantra to heart this month, sending around two-thirds of the Dow into a correction or worse. One of those names looks primed for a comeback. Trading Nationread more


Dow stock Intel could see sharp rebound after worst month in…Investors took the ‘sell in May’ mantra to heart this month, sending around two-thirds of the Dow into a correction or worse. One of those names looks primed for a comeback. Trading Nationread more
Former US Senator Thad Cochran of Mississippi dies at 81 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-30  Authors: christina wilkie, amanda macias, marty steinberg
Keywords: news, cnbc, companies, sharp, cochran, 81, dow, month, mississippi, sell, senator, stock, thad, dies, worst, took, sending, worse, twothirds


Former US Senator Thad Cochran of Mississippi dies at 81

Dow stock Intel could see sharp rebound after worst month in…

Investors took the ‘sell in May’ mantra to heart this month, sending around two-thirds of the Dow into a correction or worse. One of those names looks primed for a comeback.

Trading Nation

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Company: cnbc, Activity: cnbc, Date: 2019-05-30  Authors: christina wilkie, amanda macias, marty steinberg
Keywords: news, cnbc, companies, sharp, cochran, 81, dow, month, mississippi, sell, senator, stock, thad, dies, worst, took, sending, worse, twothirds


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Cloud company Zuora loses almost a quarter of its value on weak guidance

Dow stock Intel could see sharp rebound after worst month in…Investors took the ‘sell in May’ mantra to heart this month, sending around two-thirds of the Dow into a correction or worse. One of those names looks primed for a comeback. Trading Nationread more


Dow stock Intel could see sharp rebound after worst month in…Investors took the ‘sell in May’ mantra to heart this month, sending around two-thirds of the Dow into a correction or worse. One of those names looks primed for a comeback. Trading Nationread more
Cloud company Zuora loses almost a quarter of its value on weak guidance Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-05-30  Authors: ari levy
Keywords: news, cnbc, companies, sharp, zuora, dow, month, sell, guidance, stock, weak, cloud, loses, quarter, value, worst, took, company, sending, worse, twothirds


Cloud company Zuora loses almost a quarter of its value on weak guidance

Dow stock Intel could see sharp rebound after worst month in…

Investors took the ‘sell in May’ mantra to heart this month, sending around two-thirds of the Dow into a correction or worse. One of those names looks primed for a comeback.

Trading Nation

read more


Company: cnbc, Activity: cnbc, Date: 2019-05-30  Authors: ari levy
Keywords: news, cnbc, companies, sharp, zuora, dow, month, sell, guidance, stock, weak, cloud, loses, quarter, value, worst, took, company, sending, worse, twothirds


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