Donald Trump Jr’s Brexit advice a ‘laugh out loud moment,’ strategist says

Donald Trump Jr’s Brexit advice a ‘laugh out loud moment,’ strategist says6 Hours AgoJustin King, vice chairman and senior adviser at Terra Firma, says the U.S. clearly wants a different trade agreement with the U.K. after Brexit.


Donald Trump Jr’s Brexit advice a ‘laugh out loud moment,’ strategist says6 Hours AgoJustin King, vice chairman and senior adviser at Terra Firma, says the U.S. clearly wants a different trade agreement with the U.K. after Brexit.
Donald Trump Jr’s Brexit advice a ‘laugh out loud moment,’ strategist says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-20
Keywords: news, cnbc, companies, says6, loud, terra, trump, advice, strategist, uk, jrs, senior, brexit, wants, trade, laugh, donald, moment, vice


Donald Trump Jr's Brexit advice a 'laugh out loud moment,' strategist says

Donald Trump Jr’s Brexit advice a ‘laugh out loud moment,’ strategist says

6 Hours Ago

Justin King, vice chairman and senior adviser at Terra Firma, says the U.S. clearly wants a different trade agreement with the U.K. after Brexit.


Company: cnbc, Activity: cnbc, Date: 2019-03-20
Keywords: news, cnbc, companies, says6, loud, terra, trump, advice, strategist, uk, jrs, senior, brexit, wants, trade, laugh, donald, moment, vice


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Deutsche Bank and Commerzbank go public on merger talks

Deutsche Bank and Commerzbank confirmed on Sunday they were in talks about a merger, prompting labor union concerns about possible job losses and questions from analysts about the merits of a combination. “In light of arising opportunities, the management board of Deutsche Bank has decided to review strategic options,” Deutsche said in its statement. Christian Sewing, Deutsche Bank’s chief executive, told employees that Deutsche still aimed “to remain a global bank with a strong capital markets


Deutsche Bank and Commerzbank confirmed on Sunday they were in talks about a merger, prompting labor union concerns about possible job losses and questions from analysts about the merits of a combination. “In light of arising opportunities, the management board of Deutsche Bank has decided to review strategic options,” Deutsche said in its statement. Christian Sewing, Deutsche Bank’s chief executive, told employees that Deutsche still aimed “to remain a global bank with a strong capital markets
Deutsche Bank and Commerzbank go public on merger talks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-17
Keywords: news, cnbc, companies, global, wants, merger, bank, commerzbank, public, following, deutsche, talks, management, german


Deutsche Bank and Commerzbank go public on merger talks

Deutsche Bank and Commerzbank confirmed on Sunday they were in talks about a merger, prompting labor union concerns about possible job losses and questions from analysts about the merits of a combination.

Germany’s two largest banks issued short statements following separate meetings of their management boards, a person with knowledge of the matter said, indicating a quickening of pace in the merger process, although both also warned that a deal was far from certain.

“In light of arising opportunities, the management board of Deutsche Bank has decided to review strategic options,” Deutsche said in its statement.

Christian Sewing, Deutsche Bank’s chief executive, told employees that Deutsche still aimed “to remain a global bank with a strong capital markets business… with a global network.”

Sewing said many factors could still prevent a merger and a Deutsche spokesman said the talks were expected to last some time. Commerzbank described the outcome as open.

However, formal disclosure of talks appeared to boost the chances of concluding a deal first floated in 2016 before the

banks opted to focus on restructuring.

The German government has pushed for a combination given concerns about the health of Deutsche, which has struggled to generate sustainable profits since the 2008 financial crisis.

The government, which holds a stake of more than 15 percent in Commerzbank following a bailout, wants a national banking champion to support its export-led economy, best known for cars and machine tools.

Berlin also wants to keep Commerzbank’s speciality —the funding of medium-sized companies, the backbone of the economy — in German hands.


Company: cnbc, Activity: cnbc, Date: 2019-03-17
Keywords: news, cnbc, companies, global, wants, merger, bank, commerzbank, public, following, deutsche, talks, management, german


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How to negotiate for more college financial aid

For every parent like Felicity Huffman and Lori Loughlin who tried to buy their kid’s way into college, there are a slew of others who can barely afford it. “We are in that funny trap where we don’t qualify for aid but we also don’t have $70,000 a year to spend on private college,” said Robin Coccomo, 42. Her oldest son, Paul, will be a freshman in the fall and she also has two other children not far behind. “What I offer him, I also want to be able to offer the other two.” He is still waiting t


For every parent like Felicity Huffman and Lori Loughlin who tried to buy their kid’s way into college, there are a slew of others who can barely afford it. “We are in that funny trap where we don’t qualify for aid but we also don’t have $70,000 a year to spend on private college,” said Robin Coccomo, 42. Her oldest son, Paul, will be a freshman in the fall and she also has two other children not far behind. “What I offer him, I also want to be able to offer the other two.” He is still waiting t
How to negotiate for more college financial aid Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: sharon epperson, jessica dickler, source, robin coccomo, -zack perkins, co-founder of collegevine
Keywords: news, cnbc, companies, aid, wants, negotiate, twopaul, financial, way, tried, college, dont, coccomo, waiting, offer, university


How to negotiate for more college financial aid

For every parent like Felicity Huffman and Lori Loughlin who tried to buy their kid’s way into college, there are a slew of others who can barely afford it.

“We are in that funny trap where we don’t qualify for aid but we also don’t have $70,000 a year to spend on private college,” said Robin Coccomo, 42. Her oldest son, Paul, will be a freshman in the fall and she also has two other children not far behind.

“What I offer him, I also want to be able to offer the other two.”

Paul Coccomo, 18, wants to study engineering and has already been accepted at eight institutions for next year, including the University of Connecticut in his home state. He is still waiting to hear from seven more colleges, one of which is MIT — his top choice.


Company: cnbc, Activity: cnbc, Date: 2019-03-15  Authors: sharon epperson, jessica dickler, source, robin coccomo, -zack perkins, co-founder of collegevine
Keywords: news, cnbc, companies, aid, wants, negotiate, twopaul, financial, way, tried, college, dont, coccomo, waiting, offer, university


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Facebook wants to copy WeChat Pay with Facebook Coin payments

Facebook is reportedly looking to push into the payments space with its own cryptocurrency. If successful, such a move could replicate China’s massively popular WeChat, but striking gold could be a tall order for the social networking giant. WhatsApp was acquired by Facebook in 2014 in what was the company’s largest acquisition ever. Since then, it has largely focused on messaging and a few social features. It’s the largest messaging service in the world with 1.5 billion monthly users.


Facebook is reportedly looking to push into the payments space with its own cryptocurrency. If successful, such a move could replicate China’s massively popular WeChat, but striking gold could be a tall order for the social networking giant. WhatsApp was acquired by Facebook in 2014 in what was the company’s largest acquisition ever. Since then, it has largely focused on messaging and a few social features. It’s the largest messaging service in the world with 1.5 billion monthly users.
Facebook wants to copy WeChat Pay with Facebook Coin payments Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: arjun kharpal, getty images news, getty images
Keywords: news, cnbc, companies, copy, world, wechat, facebook, reportedly, coin, largest, according, pay, social, users, payments, wants, billion, messaging


Facebook wants to copy WeChat Pay with Facebook Coin payments

Facebook is reportedly looking to push into the payments space with its own cryptocurrency. If successful, such a move could replicate China’s massively popular WeChat, but striking gold could be a tall order for the social networking giant.

The U.S. firm is developing its own digital currency, known as the Facebook Coin, which would be pegged to the U.S. dollar and allow users to transfer money through Facebook-owned messaging application WhatsApp, according to Bloomberg.

While Facebook is reportedly going to focus on the remittances market in India first, analysts said that it could be a precursor to the company stepping up its offering in payments, a move which could be a $19 billion revenue opportunity, according to Barclays.

WhatsApp was acquired by Facebook in 2014 in what was the company’s largest acquisition ever. Since then, it has largely focused on messaging and a few social features. It’s the largest messaging service in the world with 1.5 billion monthly users.


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: arjun kharpal, getty images news, getty images
Keywords: news, cnbc, companies, copy, world, wechat, facebook, reportedly, coin, largest, according, pay, social, users, payments, wants, billion, messaging


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Elizabeth Warren wants to turn internet into sewer service: Commentary

To take one specific case cited by Warren, how much innovation was there in the grocery store industry before Amazon bought Whole Foods? Many industry analysts expect grocery stores to use computer vision technology and artificial intelligence to improve the efficiency of check-out in the near future. Calls for “search neutrality” have been bandied about for years. But most proponents of search neutrality fail to recognize that all Google’s search results entail bias in favor of its own offering


To take one specific case cited by Warren, how much innovation was there in the grocery store industry before Amazon bought Whole Foods? Many industry analysts expect grocery stores to use computer vision technology and artificial intelligence to improve the efficiency of check-out in the near future. Calls for “search neutrality” have been bandied about for years. But most proponents of search neutrality fail to recognize that all Google’s search results entail bias in favor of its own offering
Elizabeth Warren wants to turn internet into sewer service: Commentary Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-10  Authors: geoffrey manne, alec stapp, yuri gripas
Keywords: news, cnbc, companies, apps, search, services, sewer, warren, service, internet, results, google, grocery, offer, turn, commentary, maps, elizabeth, neutrality, wants, offering


Elizabeth Warren wants to turn internet into sewer service: Commentary

Grocery stores. To take one specific case cited by Warren, how much innovation was there in the grocery store industry before Amazon bought Whole Foods? Since the acquisition, large grocery retailers, like Walmart and Kroger, have increased their investment in online services to better compete with the e-commerce champion. Many industry analysts expect grocery stores to use computer vision technology and artificial intelligence to improve the efficiency of check-out in the near future.

Smartphones. Imagine how forced neutrality would play out in the context of iPhones. If Apple can’t sell its own apps, it also can’t pre-install its own apps. A brand new iPhone with no apps — and even more importantly, no App Store — would be, well, just a phone, out of the box. How would users even access a site or app store from which to download independent apps? Would Apple be allowed to pre-install someone else’s apps? That’s discriminatory, too. Maybe it will be forced to offer a menu of all available apps in all categories (like the famously useless browser ballot screen demanded by the European Commission in its Microsoft antitrust case)? It’s hard to see how that benefits consumers — or even app developers.

Internet search. Or take search. Calls for “search neutrality” have been bandied about for years. But most proponents of search neutrality fail to recognize that all Google’s search results entail bias in favor of its own offerings. As Geoff Manne and Josh Wright noted in 2011 at the height of the search neutrality debate:

[S]earch engines offer up results in the form not only of typical text results, but also maps, travel information, product pages, books, social media and more. To the extent that alleged bias turns on a search engine favoring its own maps, for example, over another firm’s, the allegation fails to appreciate that text results and maps are variants of the same thing, and efforts to restrain a search engine from offering its own maps is no different than preventing it from offering its own search results.

Never mind that Google with forced non-discrimination likely means Google offering only the antiquated “ten blue links” search results page it started with in 1998 instead of the far more useful “rich” results it offers today; logically it would also mean Google somehow offering the set of links produced by any and all other search engines’ algorithms, in lieu of its own. If you think Google will continue to invest in and maintain the wealth of services it offers today on the strength of the profits derived from those search results, well, Elizabeth Warren is probably already your favorite politician.

And regulatory oversight of algorithmic content won’t just result in an impoverished digital experience; it will inevitably lead to an authoritarian one, as well, as Truth on the Market has written before:

Any agency granted a mandate to undertake such algorithmic oversight, and override or reconfigure the product of online services, thereby controls the content consumers may access…. This sort of control is deeply problematic… [because it saddles users] with a pervasive set of speech controls promulgated by the government. The history of such state censorship is one which has demonstrated strong harms to both social welfare and rule of law, and should not be emulated.

Digital assistants. Consider also the veritable cage match among the tech giants to offer “digital assistants” and “smart home” devices with ever-more features at ever-lower prices. Today the allegedly non-existent competition among these companies is played out most visibly in this multi-featured market, comprising advanced devices tightly integrated with artificial intelligence, voice recognition, advanced algorithms, and a host of services. Under Warren’s nondiscrimination principle this market disappears. Each device can offer only a connectivity platform (if such a service is even permitted to be bundled with a physical device…) — and nothing more.

But such a world entails not only the end of an entire, promising avenue of consumer-benefiting innovation, it also entails the end of a promising avenue of consumer-benefiting competition. It beggars belief that anyone thinks consumers would benefit by forcing technology companies into their own silos, ensuring that the most powerful sources of competition for each other are confined to their own fiefdoms by order of law.


Company: cnbc, Activity: cnbc, Date: 2019-03-10  Authors: geoffrey manne, alec stapp, yuri gripas
Keywords: news, cnbc, companies, apps, search, services, sewer, warren, service, internet, results, google, grocery, offer, turn, commentary, maps, elizabeth, neutrality, wants, offering


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Former MLB All-Star Mark Teixeira wants you to be smart about your money. His advice: ‘Be boring’

He said his best investment was buying a piece of property in Atlanta between 2008 and 2010. For professional sports players, it’s particularly important to think ahead since their careers don’t last very long and they retire early. You tend to not think about what happens when I’m 40, 50 or 80 because you have to live in the moment.” In order to avoid a crisis once retirement comes, Teixeira suggests they should always think of their latest contract as their last. So 10 million bucks — you bett


He said his best investment was buying a piece of property in Atlanta between 2008 and 2010. For professional sports players, it’s particularly important to think ahead since their careers don’t last very long and they retire early. You tend to not think about what happens when I’m 40, 50 or 80 because you have to live in the moment.” In order to avoid a crisis once retirement comes, Teixeira suggests they should always think of their latest contract as their last. So 10 million bucks — you bett
Former MLB All-Star Mark Teixeira wants you to be smart about your money. His advice: ‘Be boring’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-08  Authors: michelle fox, rich schultz, getty images, -mark teixeira, former mlb all-star
Keywords: news, cnbc, companies, advice, allstar, players, teixeira, sign, important, tend, contract, property, boring, smart, mlb, live, money, think, wants, early, mark


Former MLB All-Star Mark Teixeira wants you to be smart about your money. His advice: 'Be boring'

What’s most important is to make sure you have enough for retirement.

“What I learned early is there is a bucket for my nest egg that I put away and I never have to worry about again. Then there is a bucket for opportunities,” Teixeira said.

Thanks to his baseball income and smart planning, he’s able to take some chances. He said his best investment was buying a piece of property in Atlanta between 2008 and 2010. That property is now being developed into Quarry Yards in Atlanta and will include office, retail and hotel space, as well as apartments.

“It just taught me about buying low,” he said.

For professional sports players, it’s particularly important to think ahead since their careers don’t last very long and they retire early. Many of them get big paychecks — but some have still wound up broke.

“You have to be so focused to play your sport. It’s a 12-month-a year job,” he said. “You tend to not think about things off the field. You tend to not think about what happens when I’m 40, 50 or 80 because you have to live in the moment.”

And having a financial advisor can only do so much — they advise, and the players can chose not to listen and still make bad decisions.

In order to avoid a crisis once retirement comes, Teixeira suggests they should always think of their latest contract as their last.

“A lot of guys don’t realize that hey this contract that’s on your desk right now, when you sign it that could be the last contract you sign. So 10 million bucks — you better put way 90 percent of that so you can live off it the rest of your life.”

Disclosure: NBCUniversal and Comcast Ventures are investors in Acorns.


Company: cnbc, Activity: cnbc, Date: 2019-03-08  Authors: michelle fox, rich schultz, getty images, -mark teixeira, former mlb all-star
Keywords: news, cnbc, companies, advice, allstar, players, teixeira, sign, important, tend, contract, property, boring, smart, mlb, live, money, think, wants, early, mark


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Billionaire Sam Zell: Ocasio-Cortez wealth redistribution won’t work

Sam Zell, a billionaire businessman and philanthropist, believes the wealth redistribution ideas of far-left Democrats, such as freshman firebrand Rep. Alexandria Ocasio-Cortez, won’t work because Americans would rather earn success than get handouts. Everybody in America wants to succeed,” Zell told CNBC on Wednesday. Everybody wants to contribute. Everybody wants a piece of the pie, rather than wants it given to them.” He’s also co-founder and chairman of Equity Residential, Equity Lifestyle a


Sam Zell, a billionaire businessman and philanthropist, believes the wealth redistribution ideas of far-left Democrats, such as freshman firebrand Rep. Alexandria Ocasio-Cortez, won’t work because Americans would rather earn success than get handouts. Everybody in America wants to succeed,” Zell told CNBC on Wednesday. Everybody wants to contribute. Everybody wants a piece of the pie, rather than wants it given to them.” He’s also co-founder and chairman of Equity Residential, Equity Lifestyle a
Billionaire Sam Zell: Ocasio-Cortez wealth redistribution won’t work Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: matthew j belvedere
Keywords: news, cnbc, companies, zell, sam, equity, bloomberg, everybody, told, run, work, billionaire, rich, america, wants, wealth, ocasiocortez, redistribution, wont


Billionaire Sam Zell: Ocasio-Cortez wealth redistribution won't work

Sam Zell, a billionaire businessman and philanthropist, believes the wealth redistribution ideas of far-left Democrats, such as freshman firebrand Rep. Alexandria Ocasio-Cortez, won’t work because Americans would rather earn success than get handouts.

“Everyone in America wants to be rich. Everybody in America wants to succeed,” Zell told CNBC on Wednesday. “That’s, by the way, what made America great, because everyone wants to move forward. Everybody wants to contribute. Everybody wants a piece of the pie, rather than wants it given to them.”

Looking to narrow the wealth gap in the United States, Ocasio-Cortez — and several candidates vying for the 2020 Democratic presidential nomination, including Sens. Bernie Sanders and Elizabeth Warren — are in favor of taxing the rich more to help pay for services for the greater society.

“Redistributive policy leads to inequality. It’s just the opposite of what you think,” said Zell, who contended that wealth redistribution during the eight years of former President Barack Obama’s administration held the economy back.

An investor who does business all over the globe, Zell said in a “Squawk Box” interview Wednesday that wealth disparities exist everywhere. But he believes the U.S. is one of the world’s most equal economies.

Zell also bases his worldview on what he learned growing up as of the son of Jewish immigrants who landed in America after fleeing Poland right before the Nazis invaded. He went on to amass a net worth of more than $5 billion. He has said in the past that he’s neither Republican nor Democrat, indicating that he tends to be fiscally conservative and socially liberal.

As a boy in Chicago, Zell recalled asking his father, a jewelry wholesaler and real estate investor, why the poor who outnumber the rich don’t just vote them out of office. He said his father told him, “Everybody in America doesn’t want to do anything that would, ‘screw up his chance,’ to make the next move forward.”

Zell was always entrepreneurial.

While in college and law school, he built an apartment management business. He also bought and rehabbed properties. Shortly after spending only four days as a lawyer, he founded in 1968 what would become Equity Group Investments, an investment firm that started in real estate but has since branched out into energy, communications, logistics, manufacturing, transportation and health care. He’s also co-founder and chairman of Equity Residential, Equity Lifestyle and Equity Commonwealth, three publicly traded real estate investment trusts, or REITs.

While he’s been generally supportive of the way President Donald Trump has run the economy, Zell said he was disappointed that fellow billionaire Mike Bloomberg decided not to run for the Democratic presidential nomination.

Bloomberg, who served most of his first two terms as New York City mayor as a Republican and the third as an independent, switched his party affiliation to Democrat in October.

Zell called Bloomberg a “wonderful asset of our country” and the kind of centrist needed to squelch the political divisiveness in the nation.

Zell was in pretty good company yearning for a Bloomberg run. Last month, when the former mayor was still thinking about it, Berkshire Hathaway Chairman and CEO Warren Buffett told CNBC he would support Bloomberg if he were to run for president. The billionaire Buffett said at the time, “I think he would be a very good president.”

On Tuesday, Bloomberg said he decided not to enter the race.


Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: matthew j belvedere
Keywords: news, cnbc, companies, zell, sam, equity, bloomberg, everybody, told, run, work, billionaire, rich, america, wants, wealth, ocasiocortez, redistribution, wont


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Legal & General wants to stop buybacks and quarterly earnings

UK and US should drop quarterly reports, Legal & General CEO says 13 Hours Ago | 06:38Firms should stop share buybacks and end a fixation on short-term earnings, the chief executive of one of the world’s largest financial services companies told CNBC. In the United States, announced buybacks for 2018 hit a record $1.1 trillion as firms looked to use surplus cash flow to increase the earnings per share (EPS) metric. The trend suggested that boardrooms feel that their own share price was undervalu


UK and US should drop quarterly reports, Legal & General CEO says 13 Hours Ago | 06:38Firms should stop share buybacks and end a fixation on short-term earnings, the chief executive of one of the world’s largest financial services companies told CNBC. In the United States, announced buybacks for 2018 hit a record $1.1 trillion as firms looked to use surplus cash flow to increase the earnings per share (EPS) metric. The trend suggested that boardrooms feel that their own share price was undervalu
Legal & General wants to stop buybacks and quarterly earnings Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: david reid
Keywords: news, cnbc, companies, earnings, legal, wants, stop, united, told, general, trillion, surplus, quarterly, companies, cash, share, buybacks


Legal & General wants to stop buybacks and quarterly earnings

UK and US should drop quarterly reports, Legal & General CEO says 13 Hours Ago | 06:38

Firms should stop share buybacks and end a fixation on short-term earnings, the chief executive of one of the world’s largest financial services companies told CNBC.

In the United States, announced buybacks for 2018 hit a record $1.1 trillion as firms looked to use surplus cash flow to increase the earnings per share (EPS) metric. The trend suggested that boardrooms feel that their own share price was undervalued and that there was little else better to invest in.

A large amount of that cash to buy the shares was made available after President Trump signed the Tax Cuts and Jobs Act which allowed U.S. companies to freely bring home cash that had been held overseas.

Some have heavily criticized the scale of buybacks, suggesting that while it has created a boon for shareholders it does little for workers or innovation within firms.

British multinational Legal & General has more than £1 trillion ($1.3 trillion) worth of assets under management. Around 80 percent of its investments are in tradable credit markets with about 20 percent reserved for direct bets on companies and industries.

Company CEO Nigel Wilson told CNBC’s “Squawk Box Europe” on Wednesday that boardroom executives should manage their businesses for the longer term, “rather than maximizing their leverage rate and buying back shares.”

“There are wonderful investment opportunities out their right now and people should be trying to capture the growth,” he added.

Wilson also criticised the quarter-to-quarter pressure of managing a public company.

“We would like it if we dropped quarterly earnings reports here and in the United States, because it would just make everybody think much more about the longer term.”

On Wednesday the group’s operating profit rose 14 percent to £2.3 billion and assets under management topped £1 trillion. The firm cited record sales of retirement annuities.

Shares in the firm fell sharply however after it missed a key analyst metric which calculates an insurer’s capital strength against potential losses.

Legal & General has said it has a surplus of £6.9 billion in capital to deploy should here be a major shake out in credit markets.


Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: david reid
Keywords: news, cnbc, companies, earnings, legal, wants, stop, united, told, general, trillion, surplus, quarterly, companies, cash, share, buybacks


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Amazon’s joint health-care venture finally has a name: Haven

In addition to its new brand, the company also unveiled a website with more details about the venture, including a number of areas of focus. These include: Improving the process of navigating the complex health-care system, and accessing affordable treatments and prescription drugs. Haven also said on its website that it’s interested in working with clinicians and insurance companies to improve the overall health-care system, suggesting the venture wants to work with existing players such as ins


In addition to its new brand, the company also unveiled a website with more details about the venture, including a number of areas of focus. These include: Improving the process of navigating the complex health-care system, and accessing affordable treatments and prescription drugs. Haven also said on its website that it’s interested in working with clinicians and insurance companies to improve the overall health-care system, suggesting the venture wants to work with existing players such as ins
Amazon’s joint health-care venture finally has a name: Haven Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: angelica lavito, christina farr, hugh son, getty images, cnbc, c-r, south china morning post, adam galica
Keywords: news, cnbc, companies, amazons, patient, gawande, leaders, finally, wants, system, industry, joint, venture, website, haven, healthcare, costs


Amazon's joint health-care venture finally has a name: Haven

In addition to its new brand, the company also unveiled a website with more details about the venture, including a number of areas of focus. These include: Improving the process of navigating the complex health-care system, and accessing affordable treatments and prescription drugs.

Haven also said on its website that it’s interested in working with clinicians and insurance companies to improve the overall health-care system, suggesting the venture wants to work with existing players such as insurers, providers and pharmacy benefit managers rather than uprooting them.

The website also includes a letter where Gawande describes Haven’s role as being “an advocate for the patient and an ally to anyone — clinicians, industry leaders, innovators, policymakers, and others — who makes patient care and costs better.”

That follows a statement from Haven Chief Operating Officer Jack Stoddard, who recently said the group wants to make health care easier to understand, less expensive and ideally produce better outcomes for employees, according to court testimony in a hiring dispute between the new venture and a unit of insurer UnitedHealth Group.

And at a dinner during J.P. Morgan’s annual health-care conference in January, Dimon told a room of industry leaders that he and his partners “are not happy with health-care costs and want to help,” according to two people with knowledge of the event who asked not to be named because it was private.

Here’s the full copy of the memo from Gawande:


Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: angelica lavito, christina farr, hugh son, getty images, cnbc, c-r, south china morning post, adam galica
Keywords: news, cnbc, companies, amazons, patient, gawande, leaders, finally, wants, system, industry, joint, venture, website, haven, healthcare, costs


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Amazon’s joint health-care venture finally has a name: Haven

In addition to its new brand, the company also unveiled a website with more details about the venture, including a number of areas of focus. These include: Improving the process of navigating the complex health-care system, and accessing affordable treatments and prescription drugs. Haven also said on its website that it’s interested in working with clinicians and insurance companies to improve the overall health-care system, suggesting the venture wants to work with existing players such as ins


In addition to its new brand, the company also unveiled a website with more details about the venture, including a number of areas of focus. These include: Improving the process of navigating the complex health-care system, and accessing affordable treatments and prescription drugs. Haven also said on its website that it’s interested in working with clinicians and insurance companies to improve the overall health-care system, suggesting the venture wants to work with existing players such as ins
Amazon’s joint health-care venture finally has a name: Haven Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: angelica lavito, christina farr, hugh son, getty images, cnbc, c-r, south china morning post, adam galica
Keywords: news, cnbc, companies, amazons, patient, gawande, leaders, finally, wants, system, industry, joint, venture, website, haven, healthcare, costs


Amazon's joint health-care venture finally has a name: Haven

In addition to its new brand, the company also unveiled a website with more details about the venture, including a number of areas of focus. These include: Improving the process of navigating the complex health-care system, and accessing affordable treatments and prescription drugs.

Haven also said on its website that it’s interested in working with clinicians and insurance companies to improve the overall health-care system, suggesting the venture wants to work with existing players such as insurers, providers and pharmacy benefit managers rather than uprooting them.

The website also includes a letter where Gawande describes Haven’s role as being “an advocate for the patient and an ally to anyone — clinicians, industry leaders, innovators, policymakers, and others — who makes patient care and costs better.”

That follows a statement from Haven Chief Operating Officer Jack Stoddard, who recently said the group wants to make health care easier to understand, less expensive and ideally produce better outcomes for employees, according to court testimony in a hiring dispute between the new venture and a unit of insurer UnitedHealth Group.

And at a dinner during J.P. Morgan’s annual health-care conference in January, Dimon told a room of industry leaders that he and his partners “are not happy with health-care costs and want to help,” according to two people with knowledge of the event who asked not to be named because it was private.

Here’s the full copy of the memo from Gawande:


Company: cnbc, Activity: cnbc, Date: 2019-03-06  Authors: angelica lavito, christina farr, hugh son, getty images, cnbc, c-r, south china morning post, adam galica
Keywords: news, cnbc, companies, amazons, patient, gawande, leaders, finally, wants, system, industry, joint, venture, website, haven, healthcare, costs


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