Donald Trump sexually assaulted E. Jean Carroll in the mid-1990s, writer says in new book

The writer E. Jean Carroll says in a new book that President Donald Trump sexually assaulted her in a dressing room of the Bergdorf Goodman department store in New York City in the mid-1990s. The article is entitled: “Hideous Men: Donald Trump assaulted me in a Bergdorf Goodman dressing room 23 years ago. The article details several other alleged sexual assaults and unwanted advances that Carroll says she has suffered since she was a child. Moonves stepped down from the media giant in September


The writer E. Jean Carroll says in a new book that President Donald Trump sexually assaulted her in a dressing room of the Bergdorf Goodman department store in New York City in the mid-1990s. The article is entitled: “Hideous Men: Donald Trump assaulted me in a Bergdorf Goodman dressing room 23 years ago. The article details several other alleged sexual assaults and unwanted advances that Carroll says she has suffered since she was a child. Moonves stepped down from the media giant in September
Donald Trump sexually assaulted E. Jean Carroll in the mid-1990s, writer says in new book Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-21  Authors: dan mangan
Keywords: news, cnbc, companies, room, writer, mid1990s, jean, book, dressing, trump, article, sexually, men, york, sexual, donald, misconduct, carroll, alleged, assaulted


Donald Trump sexually assaulted E. Jean Carroll in the mid-1990s, writer says in new book

The writer E. Jean Carroll says in a new book that President Donald Trump sexually assaulted her in a dressing room of the Bergdorf Goodman department store in New York City in the mid-1990s.

A description of the alleged attack was excerpted by New York magazine in an article published Friday.

The White House did not return CNBC’s request for comment, but strongly denied Carroll’s claims to New York. A senior White House official told the magazine, “This is a completely false and unrealistic story surfacing 25 years after allegedly taking place and was created simply to make the President look bad.”

Trump issued a statement later Friday saying he had “never met this person” and claiming the account was an attempt “to get publicity” and “sell a book.”

The alleged attack occurred “in the fall of 1995 or the spring of 1996,” according to Carroll. At the time, Trump was married to his second wife, Marla Maples.

“I try to push him off with my one free hand — for some reason, I keep holding my purse with the other — and I finally get a knee up high enough to push him out and off and I turn, open the door, and run out of the dressing room,” Carroll writes.

The article is entitled: “Hideous Men: Donald Trump assaulted me in a Bergdorf Goodman dressing room 23 years ago. But he’s not alone on the list of awful men in my life.”

The article details several other alleged sexual assaults and unwanted advances that Carroll says she has suffered since she was a child.

It includes an account of former CBS CEO Les Moonves, after an interview with Carroll, aggressively groping her in an elevator before she is able to get away from him. Moonves stepped down from the media giant in September after several women accused him of sexual misconduct, which he denied.

Moonves “emphatically denies” Carroll’s claims, according to New York magazine.

The publication noted that Caroll, 75, is at least the 16th woman to accuse Trump of sexual misconduct. Her forthcoming book is entitled “What Do We Need Men For? A Modest Proposal.”

Trump has denied engaging in sexual misconduct with anyone.


Company: cnbc, Activity: cnbc, Date: 2019-06-21  Authors: dan mangan
Keywords: news, cnbc, companies, room, writer, mid1990s, jean, book, dressing, trump, article, sexually, men, york, sexual, donald, misconduct, carroll, alleged, assaulted


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Traders this week bet on a Fed rate cut in record-setting numbers

Traders in the fed funds futures market made bets in record numbers this week, with the bulk of the money looking for the Federal Reserve to cut interest rates aggressively in the months ahead. Trading volume soared to 1,293,459 million contracts Wednesday, the same day the Federal Open Market Committee voted 9-1 to keep its benchmark interest rate in a target range between 2.25% and 2.5%. However, the post-meeting statement and forecasting materials pointed to a possible cut ahead and traders c


Traders in the fed funds futures market made bets in record numbers this week, with the bulk of the money looking for the Federal Reserve to cut interest rates aggressively in the months ahead. Trading volume soared to 1,293,459 million contracts Wednesday, the same day the Federal Open Market Committee voted 9-1 to keep its benchmark interest rate in a target range between 2.25% and 2.5%. However, the post-meeting statement and forecasting materials pointed to a possible cut ahead and traders c
Traders this week bet on a Fed rate cut in record-setting numbers Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-21  Authors: jeff cox
Keywords: news, cnbc, companies, ago, meeting, traders, cut, rate, numbers, interest, york, bet, week, month, fed, recordsetting, market


Traders this week bet on a Fed rate cut in record-setting numbers

Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE), May 6, 2019 in New York City.

Traders in the fed funds futures market made bets in record numbers this week, with the bulk of the money looking for the Federal Reserve to cut interest rates aggressively in the months ahead.

Trading volume soared to 1,293,459 million contracts Wednesday, the same day the Federal Open Market Committee voted 9-1 to keep its benchmark interest rate in a target range between 2.25% and 2.5%. However, the post-meeting statement and forecasting materials pointed to a possible cut ahead and traders cemented positions.

Traders already had been expressing strong conviction that the Fed would be easing at future meetings, but that sentiment got even stronger after the meeting. The market now sees a 100% chance of a rate cut at the July 30-31 meeting, up from 85% a week ago and just 15% a month ago. For the full year, the expectation for three cuts is 66%, up from 59% a week ago and a mere 4% last month.


Company: cnbc, Activity: cnbc, Date: 2019-06-21  Authors: jeff cox
Keywords: news, cnbc, companies, ago, meeting, traders, cut, rate, numbers, interest, york, bet, week, month, fed, recordsetting, market


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Slack reference price set at $26 per share: NYSE

The Slack Technologies application is displayed on an Apple iPhone in an arranged photograph taken in Arlington, Virginia on Monday, April 29, 2019. Slack Technologies’ reference price was set at $26 per share, the New York Stock Exchange announced Wednesday evening. That does not necessarily mean Slack’s Class A shares will open at $26 when they make their stock market debut on Thursday. A reference price is not an offering price. That number will ultimately be determined by the designated mark


The Slack Technologies application is displayed on an Apple iPhone in an arranged photograph taken in Arlington, Virginia on Monday, April 29, 2019. Slack Technologies’ reference price was set at $26 per share, the New York Stock Exchange announced Wednesday evening. That does not necessarily mean Slack’s Class A shares will open at $26 when they make their stock market debut on Thursday. A reference price is not an offering price. That number will ultimately be determined by the designated mark
Slack reference price set at $26 per share: NYSE Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-19  Authors: christine wang
Keywords: news, cnbc, companies, nyse, orders, ultimately, stock, set, reference, price, share, 26, technologies, market, york, virginia, slack


Slack reference price set at $26 per share: NYSE

The Slack Technologies application is displayed on an Apple iPhone in an arranged photograph taken in Arlington, Virginia on Monday, April 29, 2019.

Slack Technologies’ reference price was set at $26 per share, the New York Stock Exchange announced Wednesday evening.

That does not necessarily mean Slack’s Class A shares will open at $26 when they make their stock market debut on Thursday.

A reference price is not an offering price. It is also not an opening price. That number will ultimately be determined by the designated market maker, based off a calculation of a figure where buy orders can be met with sell orders.


Company: cnbc, Activity: cnbc, Date: 2019-06-19  Authors: christine wang
Keywords: news, cnbc, companies, nyse, orders, ultimately, stock, set, reference, price, share, 26, technologies, market, york, virginia, slack


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Democratic presidential candidates denounce Biden’s comments about segregationist senators in personal terms

Former vice president and current presidential candidate Joe Biden speaks during a campaign stop at the IBEW Local 490 in Concord, NH on June 4, 2019. De Blasio, whose wife is black, and Booker, who is black, framed their criticism in personal terms. De Blasio wrote that “Eastland thought my multiracial family should be illegal & that whites were entitled to ‘the pursuit of dead n——‘.” Booker wrote in a statement that “frankly, I’m disappointed that he hasn’t issued an immediate apology for


Former vice president and current presidential candidate Joe Biden speaks during a campaign stop at the IBEW Local 490 in Concord, NH on June 4, 2019. De Blasio, whose wife is black, and Booker, who is black, framed their criticism in personal terms. De Blasio wrote that “Eastland thought my multiracial family should be illegal & that whites were entitled to ‘the pursuit of dead n——‘.” Booker wrote in a statement that “frankly, I’m disappointed that he hasn’t issued an immediate apology for
Democratic presidential candidates denounce Biden’s comments about segregationist senators in personal terms Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-19  Authors: tucker higgins
Keywords: news, cnbc, companies, wrote, presidential, candidates, booker, comments, segregationist, personal, senators, eastland, denounce, democratic, bidens, york, biden, blasio, joe, terms, work


Democratic presidential candidates denounce Biden's comments about segregationist senators in personal terms

Former vice president and current presidential candidate Joe Biden speaks during a campaign stop at the IBEW Local 490 in Concord, NH on June 4, 2019. Matthew J. Lee | The Boston Globe | Getty Images

Democratic presidential candidates on Wednesday attacked presidential front-runner Joe Biden a day after the former vice president cited his working relationships with two late segregationist senators as examples of the type of “civility” in Congress that has since disappeared. New York Mayor Bill de Blasio and Sen. Cory Booker, D-N.J., both denounced Biden by name in a break with the practice most Democrats have followed on the trail thus far. De Blasio, whose wife is black, and Booker, who is black, framed their criticism in personal terms.

Biden has come under scrutiny for the remarks about the late lawmakers James Eastland of Mississippi and Herman Talmadge of Georgia delivered at the Carlyle Hotel in New York City on Tuesday evening. Biden said that Eastland “never called me boy” and said he was able to work with Talmadge despite disagreements. De Blasio wrote that “Eastland thought my multiracial family should be illegal & that whites were entitled to ‘the pursuit of dead n——‘.” The mayor included a photo of him with his wife, Chirlane McCray, and their multiracial children. Booker wrote in a statement that “frankly, I’m disappointed that he hasn’t issued an immediate apology for the pain his words are dredging up for many Americans. He should.” Biden did not respond to a request for comment. In a second tweet, de Blasio wrote that “It’s past time for apologies or evolution from Joe Biden. He repeatedly demonstrates that he is out of step with the values of the modern Democratic Party.” Later Wednesday, Symone Sanders, a Biden adviser, tweeted that Biden “did not praise a segregationist. That is a disingenuous take.” “He basically said sometimes in Congress, one has to work with terrible or down right racist folks to get things done. And then went on to say when you can’t work with them, work around them,” she wrote.

Biden cited segregationist senators in praising Senate’s former ‘civility’


Company: cnbc, Activity: cnbc, Date: 2019-06-19  Authors: tucker higgins
Keywords: news, cnbc, companies, wrote, presidential, candidates, booker, comments, segregationist, personal, senators, eastland, denounce, democratic, bidens, york, biden, blasio, joe, terms, work


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

New York Times CEO Mark Thompson calls Trump’s attacks on the press ‘stupid’ and ‘dangerous’

New York Times CEO Mark Thompson on Wednesday called President Donald Trump’s attacks on journalists “hostile,” “stupid” and “dangerous.” “The president is entirely entitled to not like everything he reads in The New York Times, I get that,” said Thompson, who became president and CEO of The New York Times Company in 2012. The New York Times, the president’s hometown newspaper, has borne the brunt of those rhetorical attacks, as has CNN and The Washington Post. “We described the article to the g


New York Times CEO Mark Thompson on Wednesday called President Donald Trump’s attacks on journalists “hostile,” “stupid” and “dangerous.” “The president is entirely entitled to not like everything he reads in The New York Times, I get that,” said Thompson, who became president and CEO of The New York Times Company in 2012. The New York Times, the president’s hometown newspaper, has borne the brunt of those rhetorical attacks, as has CNN and The Washington Post. “We described the article to the g
New York Times CEO Mark Thompson calls Trump’s attacks on the press ‘stupid’ and ‘dangerous’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-19  Authors: tucker higgins, omar abbosh, paul nunes, larry downes, accenture executives, co-authors of, pivot to the future, discovering value, creating growth in a disrupted world
Keywords: news, cnbc, companies, stupid, mark, attacks, wrote, dangerous, post, press, ceo, trumps, times, trump, media, york, thompson, president, calls


New York Times CEO Mark Thompson calls Trump's attacks on the press 'stupid' and 'dangerous'

New York Times CEO Mark Thompson on Wednesday called President Donald Trump’s attacks on journalists “hostile,” “stupid” and “dangerous.”

Thompson’s comments at the CNBC Evolve forum Wednesday in New York came the day after Trump launched his 2020 reelection campaign at a raucous Orlando, Florida, rally in which he targeted the news media.

“The president is entirely entitled to not like everything he reads in The New York Times, I get that,” said Thompson, who became president and CEO of The New York Times Company in 2012. “He has every right to say he doesn’t like the way we cover him or cover anything else. So this is not saying we shouldn’t be criticized.”

“But actually isolating journalists, as a group, not just the Times, but the whole industry, is a really frankly hostile, stupid but also dangerous thing to do,” Thompson said.

Trump made attacks on the press a centerpiece of his 2016 campaign and has continued to criticize the media, as well as individual journalists, as president.

Those attacks have increased in frequency in recent weeks, with the president tweeting negatively about the media every day in June through Tuesday, marking the longest such stretch since he declared his candidacy for president, according to a tracker maintained by a consortium of news organizations and press freedom advocates.

On Wednesday, the president accused the “Fake News Media” of hurting him in the polls. A slew of recent surveys have shown the president trailing several top Democrats running to unseat him, including former vice president Joe Biden.

“If I didn’t have the Phony Witch Hunt going on for 3 years, and if the Fake News Media and their partner in Crime, the Democrats, would have played it straight, I would be way up in the Polls right now – with our Economy, winning by 20 points. But I’m winning anyway!” Trump wrote in a post on Twitter.

The New York Times, the president’s hometown newspaper, has borne the brunt of those rhetorical attacks, as has CNN and The Washington Post. Occasionally, those outlets have responded to the president’s remarks.

On Saturday, for instance, Trump tweeted that a story by the Times about the United States escalating its digital attacks on the Russian power grid was a “virtual act of Treason by a once great paper so desperate for a story, any story, even if bad for our Country.”

In response, the Times’ communications department wrote in a post on Twitter: “Accusing the press of treason is dangerous.”

“We described the article to the government before publication,” the Times wrote. “As our story notes, President Trump’s own national security officials said there were no concerns.”

The White House did not respond to a request for comment.

Shares of The New York Times Company have risen more than 200% since Trump was elected, far outperforming the broader market.


Company: cnbc, Activity: cnbc, Date: 2019-06-19  Authors: tucker higgins, omar abbosh, paul nunes, larry downes, accenture executives, co-authors of, pivot to the future, discovering value, creating growth in a disrupted world
Keywords: news, cnbc, companies, stupid, mark, attacks, wrote, dangerous, post, press, ceo, trumps, times, trump, media, york, thompson, president, calls


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

How advisors can recommend a life insurance policy in their client’s best interest

Thomas M. Barwick | Getty ImagesFinancial advisors have another “best interest” rule around the corner: This regulation applies to life insurance and annuity recommendations. It will apply to annuity recommendations as of August 2019, and it will cover life insurance transactions as of February 2020. “It defines ‘best interest’ in putting the consumer first and without regard to the financial interest of the agent making the recommendation,” he said. While the regulation applies in New York, adv


Thomas M. Barwick | Getty ImagesFinancial advisors have another “best interest” rule around the corner: This regulation applies to life insurance and annuity recommendations. It will apply to annuity recommendations as of August 2019, and it will cover life insurance transactions as of February 2020. “It defines ‘best interest’ in putting the consumer first and without regard to the financial interest of the agent making the recommendation,” he said. While the regulation applies in New York, adv
How advisors can recommend a life insurance policy in their client’s best interest Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-18  Authors: darla mercado
Keywords: news, cnbc, companies, recommendation, regulation, rate, advisors, policy, insurance, recommend, rule, interest, clients, best, york, life, financial


How advisors can recommend a life insurance policy in their client's best interest

Thomas M. Barwick | Getty Images

Financial advisors have another “best interest” rule around the corner: This regulation applies to life insurance and annuity recommendations. New York is rolling out a regulation that will require financial advisors to place their clients’ interests above their own when they’re making recommendations around proposed or in-force insurance contracts. Insurance sales are regulated at the state level, so this rule will apply to transactions taking place in the Empire State. It will apply to annuity recommendations as of August 2019, and it will cover life insurance transactions as of February 2020. “It’s the gold standard,” said Birny Birnbaum, executive director of the Center for Economic Justice. “It defines ‘best interest’ in putting the consumer first and without regard to the financial interest of the agent making the recommendation,” he said.

While the regulation applies in New York, advisors said that it establishes best practices for advisors who are recommending life insurance and annuities, regardless of where they are based. “You are, in many respects, a lot more up on the techniques, issues and implications of a particular product,” said Marc Minker, a tax practice leader for the New York office at CBIZ. “You know the questions to ask,” he said, speaking to a group of advisors and CPAs at the American Institute of CPAs annual conference in Las Vegas. “The clients don’t. “They turn to you to suss out a lot of this information,” Minker added.

Gathering data

RubAn Hidalgo | Getty Images

According to the New York regulation, an advisor is acting in the best interest when the recommendation is based on an evaluation of the client’s suitability information — including their age, annual income, financial objectives, existing assets and risk tolerance. The advisor’s recommendation must reflect the care, skill, prudence and diligence that a prudent person would use under those circumstances, according to the New York rule. Advisors can still receive commissions for their annuity and life insurance sales, provided the payment doesn’t influence the recommendation, according to the rule.

Sign Up for Our Newsletter Your Wealth Weekly advice on managing your money SIGN UP NOW Get this delivered to your inbox, and more info about about our products and services.

By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.

The regulation would also apply to captive agents who represent only one insurance company. In this case, the agent would have to disclose to the consumer in writing the limitations in the range of the policies she can recommend. To streamline the regulatory requirements, Susan Bruno, CPA and founder of Beacon Wealth Consulting South, worked with insurance research firm Veralytic to build a checklist to ensure advisors comply with the New York rule. See below for the checklist:

Work to be done

Some industry observers say that New York’s regulation doesn’t go far enough to better inform policyholders. For instance, insurers don’t clearly define the dividend interest rate paid to the cash value of a whole life insurance policy, said Glenn Daily, a certified financial planner and fee-only insurance consultant in New York. “If you hear one company’s dividend interest rate is 5% and another company has a rate of 5.85%, can you conclude that the second company’s rate is better than the first?” he asked. “No, because there is no consistent definition and companies use it to mean different things,” he said. Sometimes that quoted dividend rate is net of capital charges, and other times it isn’t, Daily said. Regulators could also make the insurance marketplace more consumer-friendly by calling on insurers to make publicly available a list of their pricing changes to policies, he said.

Not just the illustrations

Ariel Skelley | DigitalVision | Getty Images


Company: cnbc, Activity: cnbc, Date: 2019-06-18  Authors: darla mercado
Keywords: news, cnbc, companies, recommendation, regulation, rate, advisors, policy, insurance, recommend, rule, interest, clients, best, york, life, financial


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Billionaire GOP donor and Trump supporter says he rejected Joe Biden’s request for fundraising help in 2020

Democratic front runner Joe Biden on Monday appealed to a billionaire Republican donor for fundraising help in his presidential campaign. Catsimatidis was an invited guest to the Monday fundraiser and did not contribute to Biden’s campaign to gain entrance. “I think Joe Biden is the most common sense nominee of the 23 people running in the Democratic Party,” he said. Catsimatidis’ decision to stick with Trump despite his goodwill toward Biden demonstrates the stranglehold the president has on th


Democratic front runner Joe Biden on Monday appealed to a billionaire Republican donor for fundraising help in his presidential campaign. Catsimatidis was an invited guest to the Monday fundraiser and did not contribute to Biden’s campaign to gain entrance. “I think Joe Biden is the most common sense nominee of the 23 people running in the Democratic Party,” he said. Catsimatidis’ decision to stick with Trump despite his goodwill toward Biden demonstrates the stranglehold the president has on th
Billionaire GOP donor and Trump supporter says he rejected Joe Biden’s request for fundraising help in 2020 Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-18  Authors: brian schwartz
Keywords: news, cnbc, companies, joe, trump, gop, fundraising, biden, republican, rejected, president, request, campaign, democratic, donor, catsimatidis, supporter, york, billionaire, help


Billionaire GOP donor and Trump supporter says he rejected Joe Biden's request for fundraising help in 2020

Democratic front runner Joe Biden on Monday appealed to a billionaire Republican donor for fundraising help in his presidential campaign. But the financier, Trump-supporting New York supermarket magnate John Catsimatidis, declined.

Biden spoke to Catsimatidis, who has an estimated net worth of $3.1 billion, for about 10 minutes at a fundraiser held at the New York home of short seller Jim Chanos, according to the businessman. When Biden asked for his help, “I just smiled,” Catsimatidis said.

Catsimatidis, who owns the New York supermarket chain Gristedes and ran for mayor in 2013, had praise for Biden, but he is sticking with President Donald Trump in 2020. Catsimatidis was an invited guest to the Monday fundraiser and did not contribute to Biden’s campaign to gain entrance.

“I think Joe Biden is the most common sense nominee of the 23 people running in the Democratic Party,” he said. “Monetarily, I did not commit to helping him but I will help him brotherly, on my radio show and with all my media contacts.”

Catsimatidis’ decision to stick with Trump despite his goodwill toward Biden demonstrates the stranglehold the president has on the Republican donor class. Biden has claimed that he received encouragement from GOP donors.

“An awful lot of people have offered to help — and the people who are usually the biggest donors in the Democratic Party, and I might add some major Republican folks,” Biden said in February, before he launched his campaign. He also repeatedly said he is open to working with Republicans in Congress if he were to become president.

Chanos, according to a pool report, said the event brought in nearly 180 guests. Donors contributed $2,800. People familiar with the Chanos donor retreat and other Biden fundraisers set for Tuesday in New York said they anticipate the events to bring in a total of at least $1 million. The Tuesday fundraisers will be held at law firms Paul, Weiss, Rifkind, Wharton & Garrison; and Weitz and Luxenberg.

A Biden representative did not return a request for comment.

It made sense for Biden to approach Catsimatidis, despite the businessman’s support for Trump. In 2016, Catsimatidis donated more than $116,000 to Democratic nominee Hillary Clinton’s efforts. While he sent $100,000 to Trump’s joint fundraising committee, Trump Victory, between June and August of that year, he also donated $50,000 Clinton’s committee, the Hillary Victory Fund, one month before the November general election, Federal Election Commission records show.

Catsimatidis’ daughter, Andrea, is the chairwoman of the Manhattan GOP and New York City’s regional vice chair of state’s Republican Party. John Catsimatidis noted that his children are in Orlando for Trump’s official reelection campaign launch Tuesday night.

The Chanos event marked Biden’s first fundraising visit to New York since he launched his campaign in April.

Catsimatidis was not the only Republican at the donor meeting Monday. Former U.S. Sen. Al D’Amato was also there. Other notable guests at the event included former Veterans Affairs Secretary David Shulkin, who served under former President Barack Obama and Trump; Michael Kempner, CEO of public relations firm MWWPR; and real estate executive Bruce Mosler.

Kempner helped Obama and Clinton in the fundraising game when they each ran for president, according to the nonpartisan Center for Responsive Politics.

Biden took aim at some of the participants from Wall Street and made it clear that he believes they are not the backbone of American success.

“You know, you guys are great but Wall Street didn’t build America. You guys are incredibly important but you didn’t build America. Ordinary, hard-working, middle-class people given half the chance is what built America,” he told the crowd.

Even though some of the attendees are giving to multiple candidates, organizers, who spoke on the condition of anonymity, say the majority of Democratic donors in the room were for Biden.

“Many of the democrats give to multiple candidates based on personal relationships,” one of the leaders of the event said. “But this room was with Joe.”

While addressing the crowd at Chanos’ residence, Biden appeared to mistakenly announce his campaign has raised at least $19.8 million when he said they’ve brought in “360,000 donors with an average contribution of $55.”

Biden isn’t the only Democratic presidential candidate in New York this week. California Sen. Kamala Harris will be at a Tuesday fundraiser hosted by co-owner of the Milwaukee Bucks Marc Lasry and investment banker Blair Effron. Harris’ campaign aims to raise up to $200,000 there, according to people with direct knowledge of the matter.


Company: cnbc, Activity: cnbc, Date: 2019-06-18  Authors: brian schwartz
Keywords: news, cnbc, companies, joe, trump, gop, fundraising, biden, republican, rejected, president, request, campaign, democratic, donor, catsimatidis, supporter, york, billionaire, help


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Rome to New York in a narrowbody jet? Airbus launches a lean new plane for long flights

The new Airbus A321XLR, would have a range of up to 4,700 nautical miles that could let it link cities like New York and Rome or Tokyo and Sydney. Airbus plans to increase the range by 15% compared with its standard long-range A321, which JetBlue Airways in April said it would use for its first service to London in 2021. The plane marks a shift for Airbus and commercial flight shifting toward smaller, nimbler aircraft. Boeing has been mulling an all-new twin-aisle plane that would be smaller tha


The new Airbus A321XLR, would have a range of up to 4,700 nautical miles that could let it link cities like New York and Rome or Tokyo and Sydney. Airbus plans to increase the range by 15% compared with its standard long-range A321, which JetBlue Airways in April said it would use for its first service to London in 2021. The plane marks a shift for Airbus and commercial flight shifting toward smaller, nimbler aircraft. Boeing has been mulling an all-new twin-aisle plane that would be smaller tha
Rome to New York in a narrowbody jet? Airbus launches a lean new plane for long flights Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-17  Authors: leslie josephs
Keywords: news, cnbc, companies, narrowbody, singleaisle, jet, lean, york, airbus, plans, launches, planes, boeing, smaller, aircraft, long, plane, rome, range, flights


Rome to New York in a narrowbody jet? Airbus launches a lean new plane for long flights

The Boeing 747 jumbo jet that started flying half a century ago opened up so many destinations that it became known as the plane that shrank the world. Now a rival manufacturer wants to shrink the planes.

Airbus on Monday announced plans to build an extended-range version of its single-aisle A321 jet, a bet on expanding what its line of leaner planes can do and that travelers and airlines will warm to flying a narrowbody aircraft on trips that could be longer than eight hours.

The new Airbus A321XLR, would have a range of up to 4,700 nautical miles that could let it link cities like New York and Rome or Tokyo and Sydney. Airbus plans to increase the range by 15% compared with its standard long-range A321, which JetBlue Airways in April said it would use for its first service to London in 2021.

The plane marks a shift for Airbus and commercial flight shifting toward smaller, nimbler aircraft. Airbus earlier this year announced it will end production of the A380, the world’s largest passenger plane, as demand for the 500-passenger plane faltered and airlines’ appetite for leaner aircraft rose.

Airbus’ announcement comes as its main competitor, Boeing, is hobbled by the crisis surrounding two fatal crashes of its 737 Max planes, aircraft that have been grounded worldwide since mid-March. Boeing has been mulling an all-new twin-aisle plane that would be smaller than its 787s but larger than its 737s.

Airbus argues that its plane could serve carriers who want to fill it with 180 to 220 passengers in two cabins, but don’t want to have the expense of operating a wide-body plane, which would have more seats to fill. The company expects the planes to be delivered in 2023.

“You can use a narrowbody, a single-aisle plane going long distances and you can connect cities that had no possibility of connections with a good business case,” Airbus CEO Guillaume Faury told CNBC in an interview on Monday following the announcement.

Faury said he wasn’t concerned that controversy over Boeing’s regulatory approval process for the 737 Max could bring more scrutiny of Airbus’ new plane.

“That might be good news,” he said. “That’s the way to raise the level of safety.”


Company: cnbc, Activity: cnbc, Date: 2019-06-17  Authors: leslie josephs
Keywords: news, cnbc, companies, narrowbody, singleaisle, jet, lean, york, airbus, plans, launches, planes, boeing, smaller, aircraft, long, plane, rome, range, flights


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

A key manufacturing gauge just saw its biggest one-month decline in 18 years

A closely followed gauge of manufacturing in the New York area fell this month to its lowest level in nearly three years. Internally, the measure showed sharply diminished business expectations across a number of categories. Net new orders collapsed 22 points to -12 while shipments declined 7 points to 9.7. However, the prices received index declined 6 points to 6.8, the fourth month in a row for a decline “pointing to an ongoing deceleration in selling price increases,” the release said. Respon


A closely followed gauge of manufacturing in the New York area fell this month to its lowest level in nearly three years. Internally, the measure showed sharply diminished business expectations across a number of categories. Net new orders collapsed 22 points to -12 while shipments declined 7 points to 9.7. However, the prices received index declined 6 points to 6.8, the fourth month in a row for a decline “pointing to an ongoing deceleration in selling price increases,” the release said. Respon
A key manufacturing gauge just saw its biggest one-month decline in 18 years Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-17  Authors: jeff cox
Keywords: news, cnbc, companies, points, reading, 22, onemonth, biggest, key, 18, manufacturing, gauge, declined, conditions, business, york, tumbled, saw, expectations, decline, index


A key manufacturing gauge just saw its biggest one-month decline in 18 years

A closely followed gauge of manufacturing in the New York area fell this month to its lowest level in nearly three years.

The Empire State Manufacturing Index tumbled to a -8.6 reading from 17.8 in May, a 26.4-point drop that was the biggest slide for a data series that goes back to 2001 and well below Wall Street expectations of 11.5. In all, 22% of respondents reported that conditions had improved since May while 30% said conditions worsened, according to the index, compiled by the New York Federal Reserve and indicating the difference between plans to expand and contract.

It was the lowest reading and first negative print since October 2016 and comes amid growing worries about where the broader U.S. economy is heading and what impact the ongoing trade war will have on conditions.

Internally, the measure showed sharply diminished business expectations across a number of categories.

Net new orders collapsed 22 points to -12 while shipments declined 7 points to 9.7.

Employment also looked bleak, falling to -3.5, its first negative print in more than two years. The average work week also declined to -2.2, while the prices paid component was little changed at 27.8. However, the prices received index declined 6 points to 6.8, the fourth month in a row for a decline “pointing to an ongoing deceleration in selling price increases,” the release said.

“Bottom line, and I’ll be blunt, this number was terrible. It’s hard not to think this is all about tariffs and what it is doing to business confidence,” Peter Boockvar, chief investment officer at Bleakley Advisory Group, said in a note. “We don’t even need actual tariffs, just the threat of them now on anything and anybody to address issues that have nothing to do with trade also adds a whole new layer of uncertainty.”

Businesses also were pessimistic about the road ahead.

Respondents to the survey pointed to declining business conditions, with a six-month expectations reading falling 5 points to 25.7. Future orders and shipments fell by a similar amount.

Also, the capital expenditures index, a measure of where businesses plan on investing in new equipment and plants, tumbled 16 points to 10.5, while the technology spending index slumped 10 points to 12.8.


Company: cnbc, Activity: cnbc, Date: 2019-06-17  Authors: jeff cox
Keywords: news, cnbc, companies, points, reading, 22, onemonth, biggest, key, 18, manufacturing, gauge, declined, conditions, business, york, tumbled, saw, expectations, decline, index


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Two experts break down the top two media stories of the week

Two experts break down the top two media stories of the week23 Hours AgoTom Rogers, Winview Executive Chairman and former CEO of TiVo, and Ed Lee, New York Times media reporter, join “Squawk Box” to discuss the latest details of social media controversies and HBO’s decision to drop “Vice News Tonight.”


Two experts break down the top two media stories of the week23 Hours AgoTom Rogers, Winview Executive Chairman and former CEO of TiVo, and Ed Lee, New York Times media reporter, join “Squawk Box” to discuss the latest details of social media controversies and HBO’s decision to drop “Vice News Tonight.”
Two experts break down the top two media stories of the week Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-06-13
Keywords: news, cnbc, companies, winview, york, week23, social, week, experts, tonight, squawk, vice, media, break, tivo, times


Two experts break down the top two media stories of the week

Two experts break down the top two media stories of the week

23 Hours Ago

Tom Rogers, Winview Executive Chairman and former CEO of TiVo, and Ed Lee, New York Times media reporter, join “Squawk Box” to discuss the latest details of social media controversies and HBO’s decision to drop “Vice News Tonight.”


Company: cnbc, Activity: cnbc, Date: 2019-06-13
Keywords: news, cnbc, companies, winview, york, week23, social, week, experts, tonight, squawk, vice, media, break, tivo, times


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post