Powerball jackpot jumps to $625 million. Here’s the tax bite if you win

Here’s what to do if you can’t pay your taxes on time 3 Hours Ago | 01:09With the odds stacked against players hitting the jackpot — your chance is about 1 in 292 million — the Powerball jackpot has been growing since late December. For Saturday night’s drawing, the cash option — which most winners go with — is $380.6 million. The 24 percent federal withholding would reduce that amount by $91.3 million. That levy ranges from zero to more than 8 percent, depending on where the ticket was purchase


Here’s what to do if you can’t pay your taxes on time 3 Hours Ago | 01:09With the odds stacked against players hitting the jackpot — your chance is about 1 in 292 million — the Powerball jackpot has been growing since late December. For Saturday night’s drawing, the cash option — which most winners go with — is $380.6 million. The 24 percent federal withholding would reduce that amount by $91.3 million. That levy ranges from zero to more than 8 percent, depending on where the ticket was purchase
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Company: cnbc, Activity: cnbc, Date: 2019-03-21  Authors: sarah obrien, justin sullivan, getty images, cmannphoto, jamie grill, andres ruffo, adam gault
Keywords: news, cnbc, companies, tax, win, team, powerball, heres, bite, jumps, 625, steps, large, jackpot, important, advisor, taxes, thats, winner, million


Powerball jackpot jumps to $625 million. Here's the tax bite if you win

Here’s what to do if you can’t pay your taxes on time 3 Hours Ago | 01:09

With the odds stacked against players hitting the jackpot — your chance is about 1 in 292 million — the Powerball jackpot has been growing since late December.

For Saturday night’s drawing, the cash option — which most winners go with — is $380.6 million. The 24 percent federal withholding would reduce that amount by $91.3 million.

Assuming the winner had no reduction to their taxable income — such as large charitable contributions made from their winnings — another 13 percent, or $49.5 million, would be due to the IRS ($140.8 million in all).

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That would leave the winner with $239.8 million before state taxes. That levy ranges from zero to more than 8 percent, depending on where the ticket was purchased and where the winner lives. In other words, the winner could end up paying more than 45 percent in taxes.

Given the sheer size of the jackpot, experts say it’s important that the eventual winner assemble a team of experienced professionals to help navigate the windfall: an attorney, a tax advisor and a financial advisor.

“There’s a big responsibility that goes with having such a large some of money,” Routh said. “It would be important to surround yourself with a quality team that’s working in your best interest.”


Company: cnbc, Activity: cnbc, Date: 2019-03-21  Authors: sarah obrien, justin sullivan, getty images, cmannphoto, jamie grill, andres ruffo, adam gault
Keywords: news, cnbc, companies, tax, win, team, powerball, heres, bite, jumps, 625, steps, large, jackpot, important, advisor, taxes, thats, winner, million


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Restaurant Brands CEO: Burger King’s $5 coffee subscription will help it win the breakfast wars

For Burger King, its new $5 monthly coffee subscription is a way to get customers into their stores in the morning to check out their other breakfast offerings. Restaurant Brands International CEO Jose Cil said Thursday that the subscription should get customers to notice its recently overhauled breakfast offerings. “We thought the coffee subscription would be a good way to bring people in, raise some excitement at Burger King,” he said on CNBC’s “Squawk on the Street.” The burger chain also jus


For Burger King, its new $5 monthly coffee subscription is a way to get customers into their stores in the morning to check out their other breakfast offerings. Restaurant Brands International CEO Jose Cil said Thursday that the subscription should get customers to notice its recently overhauled breakfast offerings. “We thought the coffee subscription would be a good way to bring people in, raise some excitement at Burger King,” he said on CNBC’s “Squawk on the Street.” The burger chain also jus
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Company: cnbc, Activity: cnbc, Date: 2019-03-21  Authors: amelia lucas, sia kambou, afp, getty images
Keywords: news, cnbc, companies, wars, restaurant, win, kings, company, breakfast, way, stores, ceo, customers, portfolio, help, subscription, burger, coffee, series, king


Restaurant Brands CEO: Burger King's $5 coffee subscription will help it win the breakfast wars

Subscriptions have become popular across industries — from New York Mets tickets to exercise bikes — as a lucrative way to build brand loyalty. For Burger King, its new $5 monthly coffee subscription is a way to get customers into their stores in the morning to check out their other breakfast offerings.

Restaurant Brands International CEO Jose Cil said Thursday that the subscription should get customers to notice its recently overhauled breakfast offerings.

“We thought the coffee subscription would be a good way to bring people in, raise some excitement at Burger King,” he said on CNBC’s “Squawk on the Street.”

The battle between fast food restaurants, from McDonald’s to Dunkin’, to get customers through their doors in the early morning has been ramping up over the last few years, but Burger King is the first to turn to subscriptions.

The burger chain also just introduced the Burger King Cafe brand, following the lead of rival McDonald’s McCafe.

Cil took the reins of Burger King’s parent company in January amid a series of management series. Prior to becoming chief executive, he had served as president of Burger King since 2014.

The company has also been investing in digital across all of its portfolio. Another company in Restaurant Brands’ portfolio, Canadian coffee chain Tim Horton’s, just launched a loyalty program Wednesday in an effort to sell 8 out of every 10 cups of coffee in Canada at its stores. It already sells 7 out of every 10 in the country.


Company: cnbc, Activity: cnbc, Date: 2019-03-21  Authors: amelia lucas, sia kambou, afp, getty images
Keywords: news, cnbc, companies, wars, restaurant, win, kings, company, breakfast, way, stores, ceo, customers, portfolio, help, subscription, burger, coffee, series, king


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Rapper and ‘The Talk’ co-host Eve’s advice for women in male-dominated industries

Rapper and ‘The Talk’ co-host Eve’s advice for women in male-dominated industries21 Hours AgoTo view this site, you need to have JavaScript enabled in your browser, and either the Flash Plugin or an HTML5-Video enabled browser. Download the latest Flash player and try again. Eve knows what it’s like to be second-guessed because “a dude didn’t come up with the idea.” The rapper says she had to convince her label to let her record the collaboration with Gwen Stefani “Let Me Blow Ya Mind,” which wo


Rapper and ‘The Talk’ co-host Eve’s advice for women in male-dominated industries21 Hours AgoTo view this site, you need to have JavaScript enabled in your browser, and either the Flash Plugin or an HTML5-Video enabled browser. Download the latest Flash player and try again. Eve knows what it’s like to be second-guessed because “a dude didn’t come up with the idea.” The rapper says she had to convince her label to let her record the collaboration with Gwen Stefani “Let Me Blow Ya Mind,” which wo
Rapper and ‘The Talk’ co-host Eve’s advice for women in male-dominated industries Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-18
Keywords: news, cnbc, companies, rapper, browser, maledominated, industries, view, cohost, let, try, flash, ya, women, enabled, win, talk, advice, eves


Rapper and 'The Talk' co-host Eve's advice for women in male-dominated industries

Rapper and ‘The Talk’ co-host Eve’s advice for women in male-dominated industries

21 Hours Ago

To view this site, you need to have JavaScript enabled in your browser, and either the Flash Plugin or an HTML5-Video enabled browser. Download the latest Flash player and try again.

Eve knows what it’s like to be second-guessed because “a dude didn’t come up with the idea.” The rapper says she had to convince her label to let her record the collaboration with Gwen Stefani “Let Me Blow Ya Mind,” which would go on to win a Grammy.


Company: cnbc, Activity: cnbc, Date: 2019-03-18
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‘It’s terrible — the Brits were lied to’: Americans give their verdict on Brexit

Brexit might be changing the course of British and European history but that hasn’t stopped the Americans taking an interest — and having a say. Brexit faced a crucial week this week as May tried to get her Brexit deal approved by the U.K. Parliament. It failed to win enough support from British lawmakers for a second time but MPs also then voted to reject the option of leaving the EU without a deal. They are next going to vote on whether to delay Brexit altogether. WATCH: Niall Ferguson: Brexit


Brexit might be changing the course of British and European history but that hasn’t stopped the Americans taking an interest — and having a say. Brexit faced a crucial week this week as May tried to get her Brexit deal approved by the U.K. Parliament. It failed to win enough support from British lawmakers for a second time but MPs also then voted to reject the option of leaving the EU without a deal. They are next going to vote on whether to delay Brexit altogether. WATCH: Niall Ferguson: Brexit
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Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: holly ellyatt, jordan malter, james d morgan, getty images entertainment, getty images, wiktor szymanowicz, barcroft media, marlene awaad, bloomberg, kevin lamarque
Keywords: news, cnbc, companies, union, week, uk, deal, british, americans, verdict, terrible, brits, leaving, win, voted, brexit, lied, vote


'It's terrible — the Brits were lied to': Americans give their verdict on Brexit

Brexit might be changing the course of British and European history but that hasn’t stopped the Americans taking an interest — and having a say.

President Donald Trump has been characteristically forthright, commenting on both the opportunity that leaving the 28-member union could bring to the U.K. and U.S.’ relationship, and also on how badly he thought British Prime Minister Theresa May had handled the negotiations.

Brexit faced a crucial week this week as May tried to get her Brexit deal approved by the U.K. Parliament. It failed to win enough support from British lawmakers for a second time but MPs also then voted to reject the option of leaving the EU without a deal. They are next going to vote on whether to delay Brexit altogether.

WATCH: Niall Ferguson: Brexit has turned into a student asking for a paper extension


Company: cnbc, Activity: cnbc, Date: 2019-03-14  Authors: holly ellyatt, jordan malter, james d morgan, getty images entertainment, getty images, wiktor szymanowicz, barcroft media, marlene awaad, bloomberg, kevin lamarque
Keywords: news, cnbc, companies, union, week, uk, deal, british, americans, verdict, terrible, brits, leaving, win, voted, brexit, lied, vote


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Amazon removes books touting debunked autism ‘cures,’ as criticism of misinformation mounts

Amazon removed two books that promote unscientific autism “cures” after Wired published a report earlier this week highlighting books on the site that encourage parents to have their children consume potentially toxic chemicals. The two titles Amazon pulled — “Healing the Symptoms Known as Autism” and “Fight Autism and Win” — were named in the Wired story. The removal by Amazon comes amid mounting criticism of misinformation on the company’s platform. The book “Fight Autism and Win” encourages p


Amazon removed two books that promote unscientific autism “cures” after Wired published a report earlier this week highlighting books on the site that encourage parents to have their children consume potentially toxic chemicals. The two titles Amazon pulled — “Healing the Symptoms Known as Autism” and “Fight Autism and Win” — were named in the Wired story. The removal by Amazon comes amid mounting criticism of misinformation on the company’s platform. The book “Fight Autism and Win” encourages p
Amazon removes books touting debunked autism ‘cures,’ as criticism of misinformation mounts Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: lauren feiner, leonard ortiz, digital first media, getty images, source
Keywords: news, cnbc, companies, removes, theories, wired, mounts, cures, amazon, debunked, titles, books, parents, children, substance, touting, autism, win, criticism, misinformation


Amazon removes books touting debunked autism 'cures,' as criticism of misinformation mounts

Amazon removed two books that promote unscientific autism “cures” after Wired published a report earlier this week highlighting books on the site that encourage parents to have their children consume potentially toxic chemicals.

The two titles Amazon pulled — “Healing the Symptoms Known as Autism” and “Fight Autism and Win” — were named in the Wired story. The first book advises parents to make a “bleach-like substance” of chlorine dioxide for their children to drink, according to the publication. The U.S. Food and Drug Administration has warned the substance “can cause serious harm to health … including severe nausea, vomiting, and life-threatening low blood pressure from dehydration.”

The Centers for Disease Control and Prevention said there is no known cure for Autism Spectrum Disorder, but these books claim parents can cure the disorder through scientifically unproven approaches.

The removal by Amazon comes amid mounting criticism of misinformation on the company’s platform. Until recently, Amazon had not faced as much scrutiny as Facebook, Twitter and YouTube for the spread of false information on the web. But reports of pseudoscientific books making money on Amazon have focused a spotlight on how the massive marketplace can be exploited as much as other networks.

The company recently appeared to remove some documentaries from its streaming service that touted widely debunked anti-vaccination theories, BuzzFeed reported earlier this month. Many of the theories push the notion that vaccines themselves cause autism, which the CDC has said is false.

The book “Fight Autism and Win” encourages parents to give their children drugs meant for mercury poisoning, according to Gizmodo. The Mayo Clinic says the treatment is both ineffective and dangerous.

Amazon hasn’t said if the removal of the books and movies is a direct result of recent criticism. The company did not immediately respond to questions about why the titles were removed and whether other books were pulled from the platform.

Subscribe to CNBC on YouTube.

Watch: Amazon’s video strategy: blending commerce and content so Prime members spend more


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: lauren feiner, leonard ortiz, digital first media, getty images, source
Keywords: news, cnbc, companies, removes, theories, wired, mounts, cures, amazon, debunked, titles, books, parents, children, substance, touting, autism, win, criticism, misinformation


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Elon Musk’s SpaceX appears to be the front-runner to win a valuable NASA moon mission

ULA, the joint venture of Boeing and Lockheed Martin, launched the first test flight of the Orion program on its Delta IV Heavy rocket in December 2014. Bridenstine pointed to that mission as an example of how NASA has leveraged commercial rockets successfully. But Delta IV Heavy comes at a steep price, at more than $350 million per launch. Additionally, ULA says Delta IV rockets require two to three years from order to launch. Whether or not the mission could launch on Delta IV Heavy is a “ques


ULA, the joint venture of Boeing and Lockheed Martin, launched the first test flight of the Orion program on its Delta IV Heavy rocket in December 2014. Bridenstine pointed to that mission as an example of how NASA has leveraged commercial rockets successfully. But Delta IV Heavy comes at a steep price, at more than $350 million per launch. Additionally, ULA says Delta IV rockets require two to three years from order to launch. Whether or not the mission could launch on Delta IV Heavy is a “ques
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Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: michael sheetz, nasa, kim shiflett, vcg, visual china group, getty images
Keywords: news, cnbc, companies, musks, moon, elon, frontrunner, appears, ula, valuable, win, rockets, launch, mission, spacex, bridenstine, iv, commercial, heavy, nasa, told, delta


Elon Musk's SpaceX appears to be the front-runner to win a valuable NASA moon mission

NASA administrator Jim Bridenstine told a Senate committee on Wednesday the agency will consider using commercial rockets for its lunar crew test flight, opening the door for SpaceX to win a pair of potentially lucrative launch contracts.

“I think we should launch around the moon in June of 2020, and I think it can be done. We need to consider as an agency all options to accomplish that objective,” Bridenstine said. “Some of those options would include launching the Orion crew capsule and the European service module on a commercial rocket.”

Instead of the space agency’s own SLS rocket, Bridenstine said NASA “could use two heavy-lift rockets” to send the two spacecrafts into orbit. Bridenstine also mentioned the “amazing capability that exists right now” in the U.S., and that means only two commercial possibilities: SpaceX and United Launch Alliance.

ULA, the joint venture of Boeing and Lockheed Martin, launched the first test flight of the Orion program on its Delta IV Heavy rocket in December 2014. Bridenstine pointed to that mission as an example of how NASA has leveraged commercial rockets successfully. But Delta IV Heavy comes at a steep price, at more than $350 million per launch. Additionally, ULA says Delta IV rockets require two to three years from order to launch. Whether or not the mission could launch on Delta IV Heavy is a “question of whether ULA has one ready,” space policy consultant Jim Muncy told CNBC.


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: michael sheetz, nasa, kim shiflett, vcg, visual china group, getty images
Keywords: news, cnbc, companies, musks, moon, elon, frontrunner, appears, ula, valuable, win, rockets, launch, mission, spacex, bridenstine, iv, commercial, heavy, nasa, told, delta


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Gary Cohn lashes out at former White House colleagues: ‘Living in chaos’

Cohn served in the post from the beginning of the Trump administration in January 2017 until April 2, 2018. But he said Trump also is losing, evidenced by the record trade deficits in 2018 with both China and the rest of the world. We had record trade deficits,” Cohn said. The only big open issue right now that he could claim as a big win that he’d hope would have a big impact on the stock market would be a Chinese resolution. Cohn said he would grade himself a “B” for his performance in the Whi


Cohn served in the post from the beginning of the Trump administration in January 2017 until April 2, 2018. But he said Trump also is losing, evidenced by the record trade deficits in 2018 with both China and the rest of the world. We had record trade deficits,” Cohn said. The only big open issue right now that he could claim as a big win that he’d hope would have a big impact on the stock market would be a Chinese resolution. Cohn said he would grade himself a “B” for his performance in the Whi
Gary Cohn lashes out at former White House colleagues: ‘Living in chaos’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: jeff cox, joshua roberts, andrew harrer, bloomberg, getty images
Keywords: news, cnbc, companies, record, stock, cohn, win, president, living, white, tax, big, house, market, gary, chaos, trump, lashes, colleagues, trade


Gary Cohn lashes out at former White House colleagues: 'Living in chaos'

Cohn served in the post from the beginning of the Trump administration in January 2017 until April 2, 2018.

Chief among his achievements was the passage of the biggest tax cut in U.S. history that slashed the corporate rate from 36 percent to 21 percent and re-drew the individual income tax brackets to give lower earners double the standard deduction.

However, he also had several high-profile disagreements with the administration, including one point where he nearly resigned following Trump’s comments on racial unrest in Charlottesville, Virginia.

He also fought against the tariffs, a battle he was destined to lose. But he said Trump also is losing, evidenced by the record trade deficits in 2018 with both China and the rest of the world. The U.S. shortfall with China was $419.2 billion for the year, an increase of 11.6 percent. Globally, the deficit was $621 billion, up 12.5 percent year over year.

“Did it hurt the Chinese at all? We had record trade deficits,” Cohn said. “The president needs a win. The only big open issue right now that he could claim as a big win that he’d hope would have a big impact on the stock market would be a Chinese resolution. Getting the trade deficit down I will never say is easy, but of the issues on the table, that’s relatively easier.”

However, he said the president is in for a tougher time in trying to resolve intellectual theft and forced transfer of technology issues.

Nevertheless, Cohn said he gives Trump credit for a number of achievements, including “a pretty robust economy” as well as stock market gains that have held up reasonably well even after a rough 2018. Cohn said he would grade himself a “B” for his performance in the White House.


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: jeff cox, joshua roberts, andrew harrer, bloomberg, getty images
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Algerian protesters win historic victory — but massive challenges remain

Algeria’s longtime president has conceded to popular demands to abandon his re-election bid after three weeks of massive protests rocked the North African country of 41 million. Silent throughout the Arab Spring, Africa’s largest country and third-largest oil producer erupted in protest in late February after its ageing president announced his fifth re-election bid. The protests, leaderless and largely peaceful, represented a wide cross-section of society including students, teachers, lawyers, a


Algeria’s longtime president has conceded to popular demands to abandon his re-election bid after three weeks of massive protests rocked the North African country of 41 million. Silent throughout the Arab Spring, Africa’s largest country and third-largest oil producer erupted in protest in late February after its ageing president announced his fifth re-election bid. The protests, leaderless and largely peaceful, represented a wide cross-section of society including students, teachers, lawyers, a
Algerian protesters win historic victory — but massive challenges remain Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: natasha turak, farouk batiche, picture alliance via getty images, canal algerie, afp, getty images, -anthony skinner, mena politics director, verisk maplecroft
Keywords: news, cnbc, companies, country, historic, reelection, massive, victory, oil, question, bid, fifth, continued, protests, remain, algerian, protesters, challenges, statement, president, win


Algerian protesters win historic victory — but massive challenges remain

Algeria’s longtime president has conceded to popular demands to abandon his re-election bid after three weeks of massive protests rocked the North African country of 41 million.

But a giant question mark now hangs over what happens next, leaving Algerians and investors alike — particularly those in the oil and gas sector — mired in uncertainty.

“There will be no fifth term,” a statement from 82-year-old President Abdelaziz Bouteflika, who is in his 20th year in power but has rarely been seen in public since suffering a stroke in 2013, said on Monday.

Silent throughout the Arab Spring, Africa’s largest country and third-largest oil producer erupted in protest in late February after its ageing president announced his fifth re-election bid. The protests, leaderless and largely peaceful, represented a wide cross-section of society including students, teachers, lawyers, and the working class.

“There was never any question of it for me,” the president’s statement continued. “Given my state of health and age, my last duty towards the Algerian people was always contributing to the foundation of a new Republic.”

Algeria’s general election, scheduled for April 18, has now been postponed. But demonstrations continued this week in Algerian cities as protesters read Bouteflika’s concession as simply a maneuver to prolong his presidency.


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: natasha turak, farouk batiche, picture alliance via getty images, canal algerie, afp, getty images, -anthony skinner, mena politics director, verisk maplecroft
Keywords: news, cnbc, companies, country, historic, reelection, massive, victory, oil, question, bid, fifth, continued, protests, remain, algerian, protesters, challenges, statement, president, win


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Ukraine elections: What’s going on and why it matters

Poroshenko is pitching himself as the continuity candidate and one that’s able to fulfil reforms, but critics say he has failed to tackle corruption. Kiev’s response to Moscow’s aggression, such as Poroshenko’s introduction of 30 days of martial law after Russia seized some Ukrainian ships, proved controversial. She’s pro-Europe and is known for co-leading the “Orange Revolution” protests against corruption and electoral fraud in late 2004. The two-time prime minister has been the subject of var


Poroshenko is pitching himself as the continuity candidate and one that’s able to fulfil reforms, but critics say he has failed to tackle corruption. Kiev’s response to Moscow’s aggression, such as Poroshenko’s introduction of 30 days of martial law after Russia seized some Ukrainian ships, proved controversial. She’s pro-Europe and is known for co-leading the “Orange Revolution” protests against corruption and electoral fraud in late 2004. The two-time prime minister has been the subject of var
Ukraine elections: What’s going on and why it matters Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-08  Authors: holly ellyatt, david ramos, getty images news, getty images, sergiy gudak, afp, alexey furman
Keywords: news, cnbc, companies, elections, poroshenko, going, corruption, whats, candidates, party, zelensky, president, russia, win, matters, prison, ukrainian, ukraine


Ukraine elections: What's going on and why it matters

There are a record 44 candidates in Ukraine’s presidential race but the main candidates are as follows:

Petro Poroshenko: The current president and standing as an independent, there’s no guarantee he’ll win a second term in office. Poroshenko is pitching himself as the continuity candidate and one that’s able to fulfil reforms, but critics say he has failed to tackle corruption. Poroshenko has also presided over the country during continued tension with its neighbor, Russia. Kiev’s response to Moscow’s aggression, such as Poroshenko’s introduction of 30 days of martial law after Russia seized some Ukrainian ships, proved controversial.

Yulia Tymoshenko: The leader of the “Fatherland” party. She’s pro-Europe and is known for co-leading the “Orange Revolution” protests against corruption and electoral fraud in late 2004. The two-time prime minister has been the subject of various criminal investigations and was sentenced to seven years in prison in 2011. The charges and prison sentence were later ruled by Europe’s human rights court to have been politically motivated.

Volodymyr Zelensky: Politician, screenwriter and actor, Zelensky played the part of the Ukrainian president in a popular television show called “Servant of the People” in 2015. The production company that made the show created a political party of the same name in March 2018 and Zelensky was riding high in opinion polls before he even announced his candidacy on New Year’s Eve.


Company: cnbc, Activity: cnbc, Date: 2019-03-08  Authors: holly ellyatt, david ramos, getty images news, getty images, sergiy gudak, afp, alexey furman
Keywords: news, cnbc, companies, elections, poroshenko, going, corruption, whats, candidates, party, zelensky, president, russia, win, matters, prison, ukrainian, ukraine


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Bill Gates-backed Impossible Burger CEO Patrick Brown on fighting meat

When Pat Brown was working in his research lab in 2009, he had “zero” intention of starting a business — much less one that would win United Nations backing and investment from the likes of Microsoft founder Bill Gates. No, his goal then was “simple.” “I basically decided I was going to look for the most important problem that I could have the opportunity of solving,” he told CNBC Make It. But when the former pediatrician-turned-Stamford professor discovered what that problem was — namely the “c


When Pat Brown was working in his research lab in 2009, he had “zero” intention of starting a business — much less one that would win United Nations backing and investment from the likes of Microsoft founder Bill Gates. No, his goal then was “simple.” “I basically decided I was going to look for the most important problem that I could have the opportunity of solving,” he told CNBC Make It. But when the former pediatrician-turned-Stamford professor discovered what that problem was — namely the “c
Bill Gates-backed Impossible Burger CEO Patrick Brown on fighting meat Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-08  Authors: karen gilchrist, impossible foods, bloomberg
Keywords: news, cnbc, companies, fighting, zero, told, ceo, system, problem, brown, solving, working, impossible, united, bill, patrick, simplei, win, starting, burger, meat, gatesbacked


Bill Gates-backed Impossible Burger CEO Patrick Brown on fighting meat

When Pat Brown was working in his research lab in 2009, he had “zero” intention of starting a business — much less one that would win United Nations backing and investment from the likes of Microsoft founder Bill Gates.

No, his goal then was “simple.”

“I basically decided I was going to look for the most important problem that I could have the opportunity of solving,” he told CNBC Make It.

But when the former pediatrician-turned-Stamford professor discovered what that problem was — namely the “catastrophic” use of animals in our food system” — he realized he had to go “all in.”


Company: cnbc, Activity: cnbc, Date: 2019-03-08  Authors: karen gilchrist, impossible foods, bloomberg
Keywords: news, cnbc, companies, fighting, zero, told, ceo, system, problem, brown, solving, working, impossible, united, bill, patrick, simplei, win, starting, burger, meat, gatesbacked


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