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Clips From Today’s Halftime Report

Final Trades: Shake Shack, Charles Schwab, Alibaba & more from CNBC. ...The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.
Tags: Finance, Uncategorized, Cnbc, Charles Schwab Alibaba

Supply chain delays marred Pfizer's initial vaccine rollout plans, but the company says it will still deliver on the supply it promised the US

Vials with a sticker reading, "COVID-19 / Coronavirus vaccine / Injection only" and a medical syringe are seen in front of a displayed Pfizer logo in this illustration taken October 31, 2020. REUTERS/Dado Ruvic/File Photo The Wall Street Journal reported Pfizer cut the number of vaccines it planned to ship in 2020 due to supply chain delays. Sources told the WSJ that Pfizer sourced materials and set up supply chains while developing a vaccine, an "unprecedented" move. But Pfizer and BioNte...
Tags: Transportation, UK, News, US, Trends, Supply Chain, Healthcare, Fda, Pfizer, Logistics, Wall Street Journal, Cnbc, WSJ, Trump, US Food and Drug Administration, Meg Tirrell

Warner Bros. movies are coming to HBO Max

Hi! Welcome to the Insider Advertising daily for December 4. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected]'s news: Warner Bros. deals a blow to movie theaters, the hottest adtech companies of 2020, and how Ben Thompson built email newsletter Stratechery. Warner Bros. In a major blow to US theaters, Warner Bros. announces that all o...
Tags: Google, Spotify, Hbo, Media, Advertising, Marketing, US, Trends, Ben Thompson, Stratechery, Roku, Silicon Valley, Warner Bros, Cnbc, Ad Tech, Thompson

I started my first job completely remote. Here's how I formed meaningful relationships with my coworkers and stood out when I didn't know anyone.

Since starting my new role at Insider Inc., my bedroom has also become my home office. Courtesy of May Teng It's intimidating to start a new job remotely and form a whole network of work connections over Zoom screens.  But for me and my graduating class of 2020, starting work from home has become the norm. When I joined Insider Inc. in July, I onboarded completely remotely.  To this day, I still haven't met any of my work colleagues in person — but I have taken steps to get to know them an...
Tags: Google, Work From Home, New York, Networking, Careers, Trends, Strategy, Coworkers, Colleagues, Cnbc, New Job, Onboarding, Yale School of Management, Teng, Insider Inc, Heidi Brooks

Google is allowing employees back on campus for outdoor-only meetings because remote isn't always enough

AMY OSBORNE/AFP via Getty Images Google is holding face-to-face gatherings outdoors on lawns and other parts of its campuses as it gets ready to welcome staff back to offices next year, a spokesperson told CNBC.   The news followed Google's CEO Sundar Pichai's September announcement that the company was making changes to its physical spaces to enable a hybrid model of work. "We firmly believe that in-person, being together, having that sense of community, is super important for whenever y...
Tags: Google, Career, Workplace, Job, Trends, Tech, Outdoor, Sundar Pichai, Cnbc, Alphabet, Pichai, Ruth Porat, Tech Insider, New York Times Dealbook, Getty Images Google, AMY OSBORNE

Warp Speed official urges patience on Covid vaccine: 'We are not going to turn anybody away'

Ret. Lt. Gen. Paul Ostrowski promised in a CNBC interview that everyone who wants a vaccine will be able to get one by June.
Tags: Cnbc, Ret Lt, Paul Ostrowski

A Glance at the Top 5 Cryptocurrency Trends for 2020

2020 is a year of unprecedented changes, and cryptocurrency trends are reflecting that. Whether it’s because of cryptocurrency’s value in protecting against inflation, or because investors have simply quelled initial fears about security, cryptocurrency is entering the mainstream at breakneck speed, and the trends are reflecting the effects. What do these cryptocurrency trends mean for owners and traders in 2020? A more important question: how will these trends change the world as we know it?...
Tags: Microsoft, Congress, US, Sales, More, Cnbc, Charles Hoskinson, Stablecoins, Simon Polrot, French crypto assets association ADAN, CTV news This, Daily Life Cryptocurrency, KFC Stablecoins

Covid deaths at highest level since April as 100,000 Americans are hospitalized - live

President-elect says economic relief is his top priorityCDC reduces quarantine period for asymptomatic exposuresBarr: no evidence of fraud that would change election outcomeUS braces for Covid surge in aftermath of ThanksgivingSign up to receive First Thing – our daily briefing by email 12.40am GMT As of today, 100,226 Americans are currently hospitalized with Covid-19, according to data from the Covid Tracking Project. This is the highest number yet recorded, and nearly twice as many people...
Tags: US, World news, Joe Biden, US news, United States, US politics, Donald Trump, Centers For Disease Control And Prevention, Cnbc, Robert Redfield, Coronavirus

Amazon eyes podcast company Wondery

Hi! Welcome to the Insider Advertising daily for December 3. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected]'s news: Amazon eyes Wondery, how PR firm Red Havas is refocusing its business, and leaked Fashion Nova campaign briefs. Amazon CEO Jeff Bezos. Andrej Sokolow/picture alliance via Getty Images Amazon is reportedly considering bu...
Tags: Apple, Amazon, Verizon, Media, Advertising, Marketing, Trends, Sony, Wall Street Journal, Influencer Marketing, Cnbc, Travis Scott, Paul Carr, McDonald, Havas, Pando

Trump has been largely silent on stimulus since losing the election to Joe Biden. Here's why his influence may be limited among Senate Republicans as relief talks progress.

AP Photo/Patrick Semansky Trump is leaving office in January, but he appears to have lost interest in passing another stimulus package before then. Before the election, he repeatedly called for an expansive aid package, but has largely fallen silent on the matter in recent weeks. Trump may have limited sway among Republicans in ongoing relief talks. Visit Business Insider's homepage for more stories. President Donald Trump has less than two months left in office — and he's been largely ab...
Tags: Florida, Congress, Kentucky, Senate, White House, Trends, Joe Biden, Gop, House, Treasury, Mitch McConnell, Janet Yellen, Capitol Hill, Nancy Pelosi, Biden, Donald Trump

The future of work will be 'hot offices' where employees can reserve a desk, according to Amazon's cloud boss

Amazon headquarters. Elaine Thompson/AP The future of work will be "hot offices" where employees reserve a desk, AWS CEO Andy Jassy told CNBC. Jassy, who oversees Amazon's cloud business, said he expects that once offices can safely reopen, people will likely adopt a hybrid model rather than being in an office 100% of the time.  The coronavirus pandemic has affected Amazon's approach to meetings as well as hiring: The company is more open to remote employees now than it was in the past, Ja...
Tags: Google, Amazon, Facebook, Trends, Future Of Work, Aws, Jeff Bezos, Seattle, Cnbc, Elaine Thompson, Andy Jassy, Amazon Headquarters, Tech Insider, Jassy, Avery Hartmans, Jon Fortt

Democrats sent a secret new COVID-19 stimulus proposal to Mitch McConnell as Congressional leaders struggled to agree on a plan, report says

House Speaker Nancy Pelosi and Chuck Schumer are negotiating the terms of the next coronavirus stimulus with Republicans and the White House. Drew Angerer/Getty Images Senior Democrats Nancy Pelosi and Chuck Schumer approached the GOP's Mitch McConnell with a secretive COVID-19 stimulus bill proposal on Monday night, The Washington Post reported. The move came just before lawmakers unveiled a bipartisan $908 billion proposal, which moderately increases proposed GOP spending.  Speaker Pelos...
Tags: Post, Politics, Congress, Washington Post, Senate, Trends, Gop, House, News UK, Treasury, Mitch McConnell, Capitol Hill, Nancy Pelosi, Cnbc, Democratic Party, Congressional

Clips From Today’s Halftime Report

Final Trades: Under Armour, Uber, Chevron & more from CNBC. ...The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.
Tags: Finance, Uncategorized, Cnbc, Armour Uber Chevron

Salesforce is buying workplace messaging app Slack for $27.7 billion in its biggest deal ever

Photo by Kimberly White/Getty Images for Fortune Salesforce is buying the workplace messaging app Slack for $27.7 billion, it announced on Tuesday.  The deal is Salesforce's largest acquisition ever and represents a more aggressive foray into office communication technology at a time when remote work has made chat and collaboration tools more essential than ever. The acquisition could help Salesforce compete with its longtime rival Microsoft, which has benefited from an explosion in use o...
Tags: Enterprise, Microsoft, San Francisco, Trends, Ubs, M&a, Ibm, Salesforce, Wall Street Journal, Cnbc, Stewart Butterfield, Slack, Marc Benioff, Nordic, Stewart, Butterfield

Hewlett Packard Enterprise is moving its Silicon Valley HQ to Houston, and it's only the latest company to migrate from the tech region to Texas during the pandemic

Houston, Texas, in 2019. LOREN ELLIOTT/AFP via Getty Images Hewlett-Packard Enterprise is moving its headquarters from Silicon Valley to Houston, Texas, CNBC reported on Tuesday. The news comes as more tech talent announces their migrations away from the noted tech region, as corporate offices remain shuttered during the pandemic, giving way to a rise in remote work. The Information earlier reported that Dropbox CEO Drew Houston is moving to Austin, Texas, a city where the tech industry ha...
Tags: Elon Musk, Texas, News, California, Drew Houston, Samsung, America, Trends, Hp, Austin, Silicon Valley, San Jose, Houston, Hewlett-packard, Cnbc, Greg Abbott

Sephora is opening 850 mini stores at Kohl's locations in the next 2 years

Sephora Sephora will open 850 retail locations in Kohl's by 2023, with the first 250 stores opening by fall 2021.  These Sephora's will replace the beauty section in already existing Kohl's, along with the online beauty offerings. This news comes less than a month after Target announced a partnership with Ulta Beauty. Visit Business Insider's homepage for more stories. Sephora will open 850 mini stores in Kohl's locations by 2023, according to a joint statement from both companies. The fi...
Tags: Trends, Cnbc, Lvmh, Sephora, Jcpenney, Kohl, Gass, Barbara Smith, Ulta, Sephora Sephora, Michelle Gass

By the end of the year, 30% of the US will have caught COVID-19, former FDA chief Dr. Scott Gottlieb says

Former FDA chief Dr. Scott Gottlieb. Zach Gibson/Getty Images Dr. Scott Gottlieb, former Food and Drug Administration commissioner, estimated Monday that 30% of Americans will have caught COVID-19 by the end of the year. Gottlieb, who has previously said just one in five cases are diagnosed, said the figure could reach 50% in some states, such as North Dakota and South Dakota. "We're going to probably have by the end of this year, 30% of the US population infected," Gottlieb told CNBC's "S...
Tags: White House, US, Trends, North Dakota, South Dakota, Food And Drug Administration, Fda, Pfizer, The New York Times, Cnbc, Squawk Box, Gottlieb, Scott Gottlieb, Moderna, COVID, Deborah Birx

Companies whose boards are entirely white men could be delisted from Nasdaq's US stock exchange under new proposals

Adena Friedman, Nasdaq CEO. Nasdaq Nasdaq has said that companies listed on its main US stock exchange should have two "diverse directors" on the board. If they don't, they could be delisted, it said, as first reported by The New York Times DealBook.  Under a proposal to be reviewed by the Securities and Exchange Commission, companies must have at least one woman director and one director who self-identifies as an underrepresented minority or LGBTQ+. Currently, three in four companies list...
Tags: Verizon, US, Trends, Strategy, Diversity, Alaska, SEC, Goldman Sachs, Starbucks, Nasdaq, Cnbc, Securities And Exchange Commission, Blackrock, Friedman, Securities and Exchange Commission SEC, Pacific Islander

In first IPO price range, Airbnb’s valuation recovers to pre-pandemic levels

This morning Airbnb released an S-1/A filing that details its initial IPO price range. The home-sharing unicorn intends to price its shares between $44 and $50 per share in its debut. Per the company’s own accounting, it will have 596,399,007 or 601,399,007 shares outstanding, depending on whether its underwriters exercise their option. That gives the company a valuation range of $26.2 billion to $30.1 billion at the extremes. The company’s simple share count does not include a host of other ...
Tags: Travel, Fundings & Exits, Startups, TC, Tech, Airbnb, Cnbc, Silver Lake, Unicorn, The Exchange, Booking Holdings, Kayak Priceline OpenTable

Mitch McConnell acknowledged pressure to deliver more COVID-19 stimulus, and said he thinks Congress can do it this month

Sen. Mitch McConnell. Chip Somodevilla/Getty Images Senate Majority Leader Mitch McConnell said Monday there is "no reason" Congress can't quickly agree a new round of coronavirus stimulus. Democrats and Republicans have been at an impasse for months, with Republicans seeking a slimmer deal and Democrats looking for more. Time is short: Congress is meeting for a short session due to end by Christmas, and also has to avert a government shutdown. Among the issues to be thrashed out are wheth...
Tags: Politics, Congress, Finance, Senate, Time, US, Trends, Joe Biden, Cnn, Democrats, Gop, New York Times, News UK, Mitch McConnell, Nancy Pelosi, Donald Trump

Engineers Are Building Huge Salt Caves To Store Huge Amounts of Hydrogen

An anonymous reader quotes a report from Popular Mechanics: Scientists are going back to the salt mines, literally, to find a revolutionary new way to store large quantities of hydrogen for energy. Proponents say this could be a step toward unlocking hydrogen for renewables -- something that could change the energy landscape if it were resolved. "The project would initially have enough energy to power 150,000 households for one year and is scheduled to be operational by 2025," Fuel Cell Works re...
Tags: Tech, Cnbc, Europe Read, Mitsubishi Hitachi Power Systems MHPS, Magnum Development

Tony Hsieh, the late former CEO of Zappos, famously pioneered the concept of paying new, unhappy employees $2,000 to quit in order to maintain a happy, productive workforce

Tony Hsieh in Denver, Colorado, in June 2014. Andy Cross/The Denver Post/Getty Images Tony Hsieh was the CEO of the online retailer Zappos for 20 years and pioneered a number of out-of-the-box work policies to foster innovation and productivity. One of them was "The Offer," a program that offered new employees who decided they were unhappy a $2,000 bonus to quit following a four-week training period. The practice was designed to weed out those who wouldn't be as committed to and passionate...
Tags: Amazon, Trends, Strategy, Connecticut, Zappos, Jeff Bezos, Harvard Business Review, Cnbc, Tech Companies, Denver Colorado, Tony Hsieh, Hsieh, Andy Cross, Holacracy, Tech Insider, Denver Post Getty

The cautionary tale of IQ Advantage, a talent management firm that focused on micro influencers

Hi! Welcome to the Insider Advertising daily for December 1. I'm Lauren Johnson, a senior advertising reporter at Business Insider. Subscribe here to get this newsletter in your inbox every weekday. Send me feedback or tips at [email protected]'s news: A talent firm failed to deliver on promises to influencers, then shuts down; Facebook buys customer service startup Kustomer; and the top DTC brands to know. IQ Advantage; Samantha Lee/Business Insider 13 influencers s...
Tags: Facebook, Mark Zuckerberg, Media, Microsoft, Advertising, Marketing, US, Trends, E-commerce, Netflix, Influencer Marketing, Cnbc, Ajit Pai, Samantha Lee, Lauren Johnson, Kustomer

Federal Reserve Endorses Swift Transition Away from LIBOR

The Federal Reserve on Monday announced that it was endorsing a statement encouraging banks to transition away from the U.S. dollar-based London Interbank Offered Rate (LIBOR) index “as soon as practicable,” according to an announcement the federal bank issued on Monday morning. “Given consumer protection, litigation, and reputation risks, the agencies believe entering into new contracts that use USD LIBOR as a reference rate after December 31, 2021, would create safety and soundness risks an...
Tags: Featured, Finance, Regulation, Libor, Federal Reserve, Cnbc, Fed, CMT, McCully, HECM, Ginnie Mae, Home Equity Conversion Mortgage HECM, HMBS, NRMLA, London Interbank Offered Rate Libor, Michael McCully

Stock market live Monday: Dow down 260 to end big month, bitcoin record, small caps best month ever

This is CNBC's markets live blog that will be updated throughout the day.
Tags: Cnbc

Winklevoss twins say bitcoin will soar to $500,000 and surpass gold as a store of value

Winklevoss Tyler and Cameron Winklevoss told CNBC on Monday that bitcoin will skyrocket to $500,000 within the next decade and surpass gold as a store of value. "Our thesis is that bitcoin is gold 2.0, that it will disrupt gold, and if it does that, it has to have a market cap of 9 trillion, so we think it could price one day at $500,000 of bitcoin," Tyler Winklevoss said.The cofounders of Gemini explained that Bitcoin is a better store of value than gold and offers higher returns.Bitcoin ...
Tags: US, Trends, Gold, Markets, Bitcoin, Berkshire Hathaway, Warren Buffett, Costco, Cnbc, Tyler, Winklevoss, Winklevoss Twins, Tyler Winklevoss, Cameron Winklevoss, Store Of Value, Bitcoin Price

Slack surges 7% on report that Salesforce takeover will be announced Tuesday afternoon at a premium

Traders work on the floor during The Slack Technologies Inc. IPO at the New York Stock Exchange (NYSE) in New York Reuters Slack jumped as much as 7% on Monday after CNBC reported the company's deal with Salesforce will be announced after markets close on Tuesday.Salesforce is set to price Slack at a premium to its current stock price. The workplace-communications company has rallied roughly 64% since the first reports of a Salesforce deal.The acquisition is set to be Salesforce's largest e...
Tags: Microsoft, US, Trends, Linkedin, Treasury, Janet Yellen, Goldman Sachs, Salesforce, Biden, ESG, Cnbc, Slack, Guggenheim, Rbc, New York Stock Exchange NYSE, COVID

As Slack acquisition rumors swirl, a look at Salesforce’s six biggest deals

The rumors ignited last Thursday that Salesforce had interest in Slack. This morning, CNBC is reporting the deal is all but done and will be announced tomorrow. Chances are, this is going to a big number, but this won’t be Salesforce’s first big acquisition. We thought it would be useful in light of these rumors to look back at the company’s biggest deals. Salesforce has already surpassed $20 billion in annual revenue, and the company has a history of making a lot of deals to fill in the road...
Tags: Travel, TC, Cloud, Enterprise, Data Visualization, Marketing, Sales, Commerce, SaaS, M&a, Mergers and Acquisitions, Salesforce, Einstein, Cnbc, Slack, Tableau

The stock market could pull back up to 7% before the end of 2020 — but investors should use it as a buying opportunity, says top Wall Street market strategist

Lucas Jackson/Reuters BNY Mellon's Liz Young told CNBC on Monday she is expecting up to a 7% pullback in stocks before the end of 2020, though investors should use this as a buying opportunity."You really have to look out three to six months, and think to yourself: are things going to be better than they are today? And I think the answer to that is yes," said the director of market strategy.While the end of 2020 will be "a little bumpy," and the first quarter of 2021 will face lingering ef...
Tags: US, Trends, Investing, Markets, Goldman Sachs, Nasdaq, ESG, Dow Jones, Young, S&P 500, Cnbc, BNY Mellon, Liz Young, BNY Mellon Investment Management, Economic Outlook, Stock Market Outlook

DoorDash aims to add $11 billion to its valuation during public offering

This morning, DoorDash filed a new S-1 document, this time updating the market about the price it expects to command during its public offering. The food-delivery giant gave a range of $75 to $85 per share, which would revalue the company sharply higher than its final private price, set during a June Series H that valued DoorDash at $16 billion. The company intends to sell 33 million shares, raising between $2.475 billion and $2.805 billion in the process. Notably, there are no shares set asi...
Tags: Fundings & Exits, Startups, TC, Uber, Tech, Cnbc, Uber Eats, Exchange, Doordash, The Exchange, HungryPanda