Pressure on Saudi Arabia over Jamal Khashoggi may escalate, bring pain

With Saudi Arabia denying a role in the sudden disappearance of a prominent journalist — and vowing to push back against any effort at international retribution — the chances are growing that the crisis could escalate, and ricochet across the global economy. On Sunday, the world reacted to last week’s vanishing of Jamal Khashoggi, a Washington Post columnist and critic of the Saudi Government. The West has threatened consequences for the kingdom, which is suspected of having captured the journal


With Saudi Arabia denying a role in the sudden disappearance of a prominent journalist — and vowing to push back against any effort at international retribution — the chances are growing that the crisis could escalate, and ricochet across the global economy. On Sunday, the world reacted to last week’s vanishing of Jamal Khashoggi, a Washington Post columnist and critic of the Saudi Government. The West has threatened consequences for the kingdom, which is suspected of having captured the journal
Pressure on Saudi Arabia over Jamal Khashoggi may escalate, bring pain Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-14  Authors: javier e david, tom dichristopher, patti domm, ted kemp, jabin botsford, the washington post, getty images, murad sezer
Keywords: news, cnbc, companies, bring, world, jamal, pain, khashoggi, escalate, disappearance, west, pressure, weeks, arabia, kingdom, journalist, saudi


Pressure on Saudi Arabia over Jamal Khashoggi may escalate, bring pain

With Saudi Arabia denying a role in the sudden disappearance of a prominent journalist — and vowing to push back against any effort at international retribution — the chances are growing that the crisis could escalate, and ricochet across the global economy.

On Sunday, the world reacted to last week’s vanishing of Jamal Khashoggi, a Washington Post columnist and critic of the Saudi Government. The West has threatened consequences for the kingdom, which is suspected of having captured the journalist at a Saudi consulate in Istanbul.

The governments of the United Kingdom, France and Germany on Sunday called for a “credible investigation to establish the truth about what happened, and — if relevant — to identify those bearing responsibility for the disappearance of Jamal Khashoggi, and ensure that they are held to account.”

Although Saudi Arabia has fiercely denied any involvement, reports suggest Riyadh may been behind Khashoggi’s disappearance, with Turkey airing suspicions that the journalist may have been killed by Saudi operatives.


Company: cnbc, Activity: cnbc, Date: 2018-10-14  Authors: javier e david, tom dichristopher, patti domm, ted kemp, jabin botsford, the washington post, getty images, murad sezer
Keywords: news, cnbc, companies, bring, world, jamal, pain, khashoggi, escalate, disappearance, west, pressure, weeks, arabia, kingdom, journalist, saudi


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‘I would not associate Jay Powell with craziness,’ says IMF’s Christine Lagarde

International Monetary Fund managing director Christine Lagarde said Thursday she “would not associate” U.S. Federal Reserve Chairman Jerome Powell “with craziness.” “I would not associate Jay Powell with craziness. Lagarde made the comment in response to a question from CNBC’s Geoff Cutmore about U.S. President Donald Trump. I think the Fed has gone crazy,” the president said after walking off Air Force One in Erie, Pennsylvania for a rally. Lagarde added: “All over the world, it is certainly a


International Monetary Fund managing director Christine Lagarde said Thursday she “would not associate” U.S. Federal Reserve Chairman Jerome Powell “with craziness.” “I would not associate Jay Powell with craziness. Lagarde made the comment in response to a question from CNBC’s Geoff Cutmore about U.S. President Donald Trump. I think the Fed has gone crazy,” the president said after walking off Air Force One in Erie, Pennsylvania for a rally. Lagarde added: “All over the world, it is certainly a
‘I would not associate Jay Powell with craziness,’ says IMF’s Christine Lagarde Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-11  Authors: weizhen tan, ted kemp, kazuhiro nogi, afp, getty images
Keywords: news, cnbc, companies, walking, christine, jay, associate, president, bank, fed, imfs, craziness, certainly, central, powell, think, world, lagarde


'I would not associate Jay Powell with craziness,' says IMF's Christine Lagarde

International Monetary Fund managing director Christine Lagarde said Thursday she “would not associate” U.S. Federal Reserve Chairman Jerome Powell “with craziness.”

“I would not associate Jay Powell with craziness. No, no, he comes across, and members of his board, as extremely serious, solid and certainly keen to base their decisions on actual information, and decide to communicate that properly,” she said, speaking to CNBC at the IMF and World Bank annual meetings in Bali, Indonesia.

Lagarde made the comment in response to a question from CNBC’s Geoff Cutmore about U.S. President Donald Trump. The American leader knocked the Fed on Wednesday for continuing to raise interest rates despite some recent market turbulence.

“I think the Fed is making a mistake. They are so tight. I think the Fed has gone crazy,” the president said after walking off Air Force One in Erie, Pennsylvania for a rally.

Lagarde added: “All over the world, it is certainly a good principle to have independence of the central banks and of the central bank governors. Certainly we have advocated that in all countries, and I think that the Fed is no exception.”


Company: cnbc, Activity: cnbc, Date: 2018-10-11  Authors: weizhen tan, ted kemp, kazuhiro nogi, afp, getty images
Keywords: news, cnbc, companies, walking, christine, jay, associate, president, bank, fed, imfs, craziness, certainly, central, powell, think, world, lagarde


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Salesforce Founder Marc Benioff makes deal to buy Time Magazine for $190 million

The founder of Salesforce, Marc Benioff and his wife Lynne Benioff, have agreed to buy Time magazine for $190 million in cash from media and marketing company, Meredith Corporation. The deal is expected to be completed within 30 days, according to a press release by Meredith. “The Benioffs are purchasing TIME personally and the transaction is unrelated to Salesforce.com, where Mr. Benioff is Chairman, co-CEO and founder,” according to the release. Benioff says he is neither a Democrat nor a Repu


The founder of Salesforce, Marc Benioff and his wife Lynne Benioff, have agreed to buy Time magazine for $190 million in cash from media and marketing company, Meredith Corporation. The deal is expected to be completed within 30 days, according to a press release by Meredith. “The Benioffs are purchasing TIME personally and the transaction is unrelated to Salesforce.com, where Mr. Benioff is Chairman, co-CEO and founder,” according to the release. Benioff says he is neither a Democrat nor a Repu
Salesforce Founder Marc Benioff makes deal to buy Time Magazine for $190 million Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-17  Authors: joanna tan, ted kemp, eric baradat, afp, getty images
Keywords: news, cnbc, companies, makes, team, meredith, founder, 190, marc, target, deal, release, lynne, times, benioff, stewards, magazine, million, buy, trump, salesforce


Salesforce Founder Marc Benioff makes deal to buy Time Magazine for $190 million

The founder of Salesforce, Marc Benioff and his wife Lynne Benioff, have agreed to buy Time magazine for $190 million in cash from media and marketing company, Meredith Corporation.

The deal is expected to be completed within 30 days, according to a press release by Meredith.

“The Benioffs are purchasing TIME personally and the transaction is unrelated to Salesforce.com, where Mr. Benioff is Chairman, co-CEO and founder,” according to the release.

The Benioffs “will not be involved in the day-to-day operations or journalistic decisions, which will continue to be led by TIME’s current executive leadership team,” the release said.

“The power of Time has always been in its unique storytelling of the people & issues that affect us all & connect us all,” Benioff tweeted on Sunday. “A treasure trove of our history & culture. We have deep respect for their organization & honored to be stewards of this iconic brand,” he said on Twitter.

Another high-profile technology CEO, Jeff Bezos of Amazon, acquired the Washington Post in 2013. U.S. President Donald Trump has made the newspaper a frequent target of angry twitter outbursts.

Benioff says he is neither a Democrat nor a Republican, though he publicly supported Hillary Clinton over Donald Trump in the 2016 presidential election.

Meredith completed its purchase of Time at the end of January 2018. Soon after its completion, Meredith said it was selling Time’s news and sports brands to focus on other brands that served its core target audience: American women.

“On behalf of the entire TIME team, we are very excited to begin this next chapter in our history,” said Time Editor-in-Chief Edward Felsenthal. “We can’t imagine better stewards for TIME than Marc and Lynne Benioff.”


Company: cnbc, Activity: cnbc, Date: 2018-09-17  Authors: joanna tan, ted kemp, eric baradat, afp, getty images
Keywords: news, cnbc, companies, makes, team, meredith, founder, 190, marc, target, deal, release, lynne, times, benioff, stewards, magazine, million, buy, trump, salesforce


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Cohen asserts that Trump knew about 2016 meeting with Russians before it happened: NBC News

U.S. President Donald Trump’s former attorney asserts that Trump knew in advance about a 2016 meeting between his campaign staff and Russians who claimed to have compromising information on Hillary Clinton, according to NBC News. Citing a knowledgeable source, NBC reported that the attorney, Michael Cohen, says that President Trump was told ahead of time about the meeting by his son, Donald Trump Jr.Cohen is willing to make that assertion to special counsel Robert Mueller, NBC said. Mueller is i


U.S. President Donald Trump’s former attorney asserts that Trump knew in advance about a 2016 meeting between his campaign staff and Russians who claimed to have compromising information on Hillary Clinton, according to NBC News. Citing a knowledgeable source, NBC reported that the attorney, Michael Cohen, says that President Trump was told ahead of time about the meeting by his son, Donald Trump Jr.Cohen is willing to make that assertion to special counsel Robert Mueller, NBC said. Mueller is i
Cohen asserts that Trump knew about 2016 meeting with Russians before it happened: NBC News Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-07-27  Authors: ted kemp, dan mangan, getty images
Keywords: news, cnbc, companies, attorney, cohen, mueller, russians, knew, 2016, president, donald, trumps, asserts, willing, trump, campaign, nbc, happened, meeting


Cohen asserts that Trump knew about 2016 meeting with Russians before it happened: NBC News

U.S. President Donald Trump’s former attorney asserts that Trump knew in advance about a 2016 meeting between his campaign staff and Russians who claimed to have compromising information on Hillary Clinton, according to NBC News.

Citing a knowledgeable source, NBC reported that the attorney, Michael Cohen, says that President Trump was told ahead of time about the meeting by his son, Donald Trump Jr.

Cohen is willing to make that assertion to special counsel Robert Mueller, NBC said. Mueller is investigating whether the Trump campaign colluded with the Kremlin during the U.S. presidential election.

U.S. intelligence services are in broad agreement that Russia directly interfered with the election.


Company: cnbc, Activity: cnbc, Date: 2018-07-27  Authors: ted kemp, dan mangan, getty images
Keywords: news, cnbc, companies, attorney, cohen, mueller, russians, knew, 2016, president, donald, trumps, asserts, willing, trump, campaign, nbc, happened, meeting


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Two nominees are now Trump’s greatest focus for top court, NBC News says

None of the four contenders being considered as President Donald Trump’s nominee for the Supreme Court has been excluded, but the greatest focus has fallen on two candidates: Brett Kavanaugh and Thomas Hardiman, a source with first-hand knowledge of the process told NBC News. Circuit Court of Appeals. The other two front-runners are Amy Coney Barrett Barrett of the 7th Circuit of Appeals and Raymond Kethledge of the 6th Circuit Court of Appeals. CNBC reported last week that Trump privately indic


None of the four contenders being considered as President Donald Trump’s nominee for the Supreme Court has been excluded, but the greatest focus has fallen on two candidates: Brett Kavanaugh and Thomas Hardiman, a source with first-hand knowledge of the process told NBC News. Circuit Court of Appeals. The other two front-runners are Amy Coney Barrett Barrett of the 7th Circuit of Appeals and Raymond Kethledge of the 6th Circuit Court of Appeals. CNBC reported last week that Trump privately indic
Two nominees are now Trump’s greatest focus for top court, NBC News says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-07-09  Authors: ted kemp, toya sarno jordan
Keywords: news, cnbc, companies, nominee, kavanaugh, trump, court, nominees, circuit, president, person, greatest, focus, source, knowledge, trumps, nbc, supreme


Two nominees are now Trump's greatest focus for top court, NBC News says

None of the four contenders being considered as President Donald Trump’s nominee for the Supreme Court has been excluded, but the greatest focus has fallen on two candidates: Brett Kavanaugh and Thomas Hardiman, a source with first-hand knowledge of the process told NBC News.

Kavanaugh sits on the D.C. Circuit Court of Appeals. Hardiman is a judge on the 3rd Circuit of Appeals.

The other two front-runners are Amy Coney Barrett Barrett of the 7th Circuit of Appeals and Raymond Kethledge of the 6th Circuit Court of Appeals.

CNBC reported last week that Trump privately indicated to a small group that he had settled on a nominee to succeed Justice Anthony Kennedy on the Supreme Court, according to a person with direct knowledge of the matter.

During the July 4 picnic at the White House, Trump suggested to friends and some external advisors that he had already made up his mind about whom he will pick to join the high court, the person said on the condition of anonymity due to the sensitive nature of the ongoing deliberations.

That source, along with another person familiar with the negotiations, said the president gave strong indications that he prefers Kavanaugh.


Company: cnbc, Activity: cnbc, Date: 2018-07-09  Authors: ted kemp, toya sarno jordan
Keywords: news, cnbc, companies, nominee, kavanaugh, trump, court, nominees, circuit, president, person, greatest, focus, source, knowledge, trumps, nbc, supreme


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US economic advisor Larry Kudlow in good condition following heart attack, White House says

White House economic advisor Larry Kudlow, an important voice in U.S. trade policy, suffered a heart attack and is in good condition at Walter Reed Medical Center. “Earlier today National Economic Council Director and Assistant to the President Larry Kudlow, experienced what his doctors say was a very mild heart attack,” Press Secretary Sarah Sanders told reporters on Monday evening. Just last weekend, Kudlow accused Canada of directing “polarizing” comments toward the United States following a


White House economic advisor Larry Kudlow, an important voice in U.S. trade policy, suffered a heart attack and is in good condition at Walter Reed Medical Center. “Earlier today National Economic Council Director and Assistant to the President Larry Kudlow, experienced what his doctors say was a very mild heart attack,” Press Secretary Sarah Sanders told reporters on Monday evening. Just last weekend, Kudlow accused Canada of directing “polarizing” comments toward the United States following a
US economic advisor Larry Kudlow in good condition following heart attack, White House says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-06-11  Authors: ted kemp, getty images, kevin lamarque
Keywords: news, cnbc, companies, partners, walter, varathan, white, heart, condition, trade, told, good, larry, house, following, economic, attack, kudlow, united, states, president


US economic advisor Larry Kudlow in good condition following heart attack, White House says

White House economic advisor Larry Kudlow, an important voice in U.S. trade policy, suffered a heart attack and is in good condition at Walter Reed Medical Center.

“Earlier today National Economic Council Director and Assistant to the President Larry Kudlow, experienced what his doctors say was a very mild heart attack,” Press Secretary Sarah Sanders told reporters on Monday evening.

“Larry is currently in good condition at Walter Reed National Military Medical Center, and his doctors expect he will make a full and speedy recovery. The President and his Administration send their thoughts and prayers to Larry and his family,” she said.

U.S. President Donald Trump tweeted the news earlier on Monday evening ET, literally only minutes before a historic meeting with North Korean leader Kim Jong Un:

Kudlow, a former CNBC contributor and Wall Street economist, has played a leading role in crafting policy toward America’s major trade partners, including China.

Just last weekend, Kudlow accused Canada of directing “polarizing” comments toward the United States following a fractious G-7 meeting of advanced economies. The conclave in Quebec pitted the United States against most of its traditional allies, which are trying to head off a full-blown trade war.

“Here’s the thing,” he told CNN, speaking of Canadian Prime Minister Justin Trudeau. “He really kind of stabbed us in the back.”

But personal health concerns for Kudlow are unlikely to alter ongoing talks between the United States its global commerce partners, said Vishnu Varathan, head of economics and strategy at Mizuho Bank.

“I probably would venture to answer that it wouldn’t materially affect anything around the trade talks,” Varathan said. The U.S. is negotiating trade disagreements with the European Union, China and NAFTA partners including Mexico, among others.

“A lot of the trade thoughts and the trade motivations were formed long before Larry Kudlow joined the team,” Varathan said. “They were already formed. You’ve got people like (trade advisor) Peter Navarro and all — hawkish views on trade.”


Company: cnbc, Activity: cnbc, Date: 2018-06-11  Authors: ted kemp, getty images, kevin lamarque
Keywords: news, cnbc, companies, partners, walter, varathan, white, heart, condition, trade, told, good, larry, house, following, economic, attack, kudlow, united, states, president


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Roseanne Barr apologizes for racist tweet, but retweets people who support her

In a series of Twitter posts late Tuesday evening and early Wednesday, Roseanne Barr apologized for a racist tweet that led to the cancellation of her hit television show. The comedian then retweeted messages from supporters who defend the tweet that got her show canceled. Barr tweeted: “hey guys, don’t defend me, it’s sweet of you 2 try, but…losing my show is 0 compared 2 being labelled a racist over one tweet-that I regret even more.” Her Twitter timeline shows that, before and after asking


In a series of Twitter posts late Tuesday evening and early Wednesday, Roseanne Barr apologized for a racist tweet that led to the cancellation of her hit television show. The comedian then retweeted messages from supporters who defend the tweet that got her show canceled. Barr tweeted: “hey guys, don’t defend me, it’s sweet of you 2 try, but…losing my show is 0 compared 2 being labelled a racist over one tweet-that I regret even more.” Her Twitter timeline shows that, before and after asking
Roseanne Barr apologizes for racist tweet, but retweets people who support her Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-05-30  Authors: ted kemp
Keywords: news, cnbc, companies, racist, retweeted, comedian, apologizes, messages, user, tweeted, try, support, defend, barr, tweetthat, twitter, roseanne, retweets


Roseanne Barr apologizes for racist tweet, but retweets people who support her

In a series of Twitter posts late Tuesday evening and early Wednesday, Roseanne Barr apologized for a racist tweet that led to the cancellation of her hit television show.

The comedian then retweeted messages from supporters who defend the tweet that got her show canceled.

Barr tweeted: “hey guys, don’t defend me, it’s sweet of you 2 try, but…losing my show is 0 compared 2 being labelled a racist over one tweet-that I regret even more.”

But that sentiment contrasted with many retweets from the comedian. Her Twitter timeline shows that, before and after asking fans not to defend her, she retweeted messages suggesting Barr’s critics are hypocritical or otherwise defending her original, racist remarks.

Barr also retweeted a post from a user who said her “apology is not sincere.”


Company: cnbc, Activity: cnbc, Date: 2018-05-30  Authors: ted kemp
Keywords: news, cnbc, companies, racist, retweeted, comedian, apologizes, messages, user, tweeted, try, support, defend, barr, tweetthat, twitter, roseanne, retweets


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At least 15 injured after improvised bomb explodes in Ontario restaurant: police

Several people are being treated for injuries after two suspects detonated an improvised explosive device inside a restaurant near Toronto, Canada, according to police. Fifteen patients were transported from the scene of the incident, which took place on Thursday night local time, a police source told CNBC. Three of those 15 people were taken to trauma centers with “critical blast injuries,” according to a twitter post from Peel Paramedics. Two suspects fled the scene immediately after the explo


Several people are being treated for injuries after two suspects detonated an improvised explosive device inside a restaurant near Toronto, Canada, according to police. Fifteen patients were transported from the scene of the incident, which took place on Thursday night local time, a police source told CNBC. Three of those 15 people were taken to trauma centers with “critical blast injuries,” according to a twitter post from Peel Paramedics. Two suspects fled the scene immediately after the explo
At least 15 injured after improvised bomb explodes in Ontario restaurant: police Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-05-25  Authors: ted kemp, mark blinch
Keywords: news, cnbc, companies, bomb, took, suspects, transported, ontario, explodes, according, improvised, injured, restaurant, injuries, twitter, treated, trauma, toronto, scene, 15


At least 15 injured after improvised bomb explodes in Ontario restaurant: police

Several people are being treated for injuries after two suspects detonated an improvised explosive device inside a restaurant near Toronto, Canada, according to police.

Fifteen patients were transported from the scene of the incident, which took place on Thursday night local time, a police source told CNBC.

Three of those 15 people were taken to trauma centers with “critical blast injuries,” according to a twitter post from Peel Paramedics.

Two suspects fled the scene immediately after the explosion, said police, who asked for the public’s assistance in identifying the men.


Company: cnbc, Activity: cnbc, Date: 2018-05-25  Authors: ted kemp, mark blinch
Keywords: news, cnbc, companies, bomb, took, suspects, transported, ontario, explodes, according, improvised, injured, restaurant, injuries, twitter, treated, trauma, toronto, scene, 15


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South Korea: Full statement from President Moon Jae In

South Korean President Moon Jae In released a statement on the surprise news Thursday night that U.S. President Donald Trump canceled a planned summit with North Korean leader Kim Jong Un. Moon quickly convened a meeting with aides so they could “figure out what President Trump’s intention is and the exact meaning of it,” according to a Moon spokesman quoted by Yonhap News Agency. South Korea’s Blue House released the statement below in the early morning hours Friday, local time:


South Korean President Moon Jae In released a statement on the surprise news Thursday night that U.S. President Donald Trump canceled a planned summit with North Korean leader Kim Jong Un. Moon quickly convened a meeting with aides so they could “figure out what President Trump’s intention is and the exact meaning of it,” according to a Moon spokesman quoted by Yonhap News Agency. South Korea’s Blue House released the statement below in the early morning hours Friday, local time:
South Korea: Full statement from President Moon Jae In Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-05-24  Authors: ted kemp
Keywords: news, cnbc, companies, trump, unmoon, korea, president, released, moon, jae, surprise, statement, trumps, korean, south, yonhap


South Korea: Full statement from President Moon Jae In

South Korean President Moon Jae In released a statement on the surprise news Thursday night that U.S. President Donald Trump canceled a planned summit with North Korean leader Kim Jong Un.

Moon quickly convened a meeting with aides so they could “figure out what President Trump’s intention is and the exact meaning of it,” according to a Moon spokesman quoted by Yonhap News Agency.

South Korea’s Blue House released the statement below in the early morning hours Friday, local time:


Company: cnbc, Activity: cnbc, Date: 2018-05-24  Authors: ted kemp
Keywords: news, cnbc, companies, trump, unmoon, korea, president, released, moon, jae, surprise, statement, trumps, korean, south, yonhap


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Automakers: Trump asks for security investigation of vehicle imports

The U.S. Department of Commerce started an investigation into automobile imports to determine whether they “threaten to impair the national security” of the United States, the agency said in a statement on Wednesday night local time. The surprise announcement comes at a time of worsening friction over trade between the United States and other countries — including close allies — with tariffs, threats of tariffs and complaints with the World Trade Organization flying back and forth. The new U.S.


The U.S. Department of Commerce started an investigation into automobile imports to determine whether they “threaten to impair the national security” of the United States, the agency said in a statement on Wednesday night local time. The surprise announcement comes at a time of worsening friction over trade between the United States and other countries — including close allies — with tariffs, threats of tariffs and complaints with the World Trade Organization flying back and forth. The new U.S.
Automakers: Trump asks for security investigation of vehicle imports Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-05-23  Authors: ted kemp, stefan wermuth, bloomberg, getty images, alexander koerner getty images
Keywords: news, cnbc, companies, trump, determine, states, vehicle, united, trade, investigation, asks, imports, tariffs, national, automakers, security, commerce, worsening


Automakers: Trump asks for security investigation of vehicle imports

The U.S. Department of Commerce started an investigation into automobile imports to determine whether they “threaten to impair the national security” of the United States, the agency said in a statement on Wednesday night local time.

The surprise announcement comes at a time of worsening friction over trade between the United States and other countries — including close allies — with tariffs, threats of tariffs and complaints with the World Trade Organization flying back and forth.

The new U.S. probe will be carried out under Section 232 of the Trade Expansion Act of 1962. That section of the law authorizes the secretary of Commerce to determine “the effects of imports of any article on the national security of the United States.”


Company: cnbc, Activity: cnbc, Date: 2018-05-23  Authors: ted kemp, stefan wermuth, bloomberg, getty images, alexander koerner getty images
Keywords: news, cnbc, companies, trump, determine, states, vehicle, united, trade, investigation, asks, imports, tariffs, national, automakers, security, commerce, worsening


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