Posts filtered by tags: Cnbc[x]


'Malicious Actors' are Compromising Google Cloud Accounts, Installing Cryptocurrency Miners

CNBC reports: Cryptocurrency miners are using compromised Google Cloud accounts for computationally-intensive mining purposes, Google has warned. The search giant's cybersecurity team provided details in a report published Wednesday. The so-called "Threat Horizons" report aims to provide intelligence that allows organizations to keep their cloud environments secure. "Malicious actors were observed performing cryptocurrency mining within compromised Cloud instances," Google wrote in an executive...
Tags: Google, Tech, Cnbc

Elon Musk tells Tesla staff to cut cost of deliveries to help ensure customers' cars arrive on time, amid shipping delays, report says

Tesla CEO Elon Musk.Matt Rourke/AP Photo Tesla CEO Elon Musk urged employees to cut the cost of delivering vehicles, CNBC reported. In a company-wide email, Musk said Tesla should shift away from spending heavily on expedite fees. The push comes amid a nationwide shipping crisis that is hiking costs.  Elon Musk urged Tesla staff to focus on cutting the cost of delivering electric vehicles to customers on Friday, CNBC reported. In a company-wide email sent to all staff and transcribed by CNBC,...
Tags: Elon Musk, Trends, Tesla, Cnbc, Musk, CNBC Musk, Reuters Customers, Isobel Hamilton, Rachel Premack, COVID, Zahra Tayeb, Tesla Insider s Graham Rapier

Elon Musk tells Tesla staff to cut delivery costs to help customers' cars arrive on time, amid shipping delays, report says

Tesla CEO Elon Musk.Matt Rourke/AP Photo Tesla CEO Elon Musk urged employees to cut the cost of delivering vehicles, CNBC reported. In a company-wide email, Musk said Tesla should shift away from spending heavily on expedite fees. The push comes amid a nationwide shipping crisis that is hiking costs.  Elon Musk urged Tesla staff to focus on cutting the cost of delivering electric vehicles to customers on Friday, CNBC reported. In a company-wide email sent to all staff and transcribed by CNBC,...
Tags: Elon Musk, Trends, Tesla, Cnbc, Musk, CNBC Musk, Reuters Customers, Isobel Hamilton, Rachel Premack, COVID, Zahra Tayeb, Tesla Insider s Graham Rapier

A veteran strategist breaks down why the S&P 500 will soar over 10% to 5,300 by the end of 2022 – and dismisses pessimists like Michael Burry

US stocks have rebounded dramatically from the coronavirus sell-off in March 2020.Xinhua News Agency/Getty Images BMO Capital Markets' Brian Belski has the most bullish S&P 500 forecast on the street. The veteran strategist thinks it will hit 5,300 by the end of next year, from around 4,600 on Friday. Belski told Insider why and dismissed market bears such "The Big Short" investor Michael Burry. Brian Belski, BMO Capital Markets' top investment strategist, went on CNBC in March 2020 a...
Tags: US, Trends, United States, Federal Reserve, Cnbc, Fed, BMO Capital Markets, Michael Burry, Brian Belski, Belski, BMO, Jeremy Grantham, Harry Robertson, Michael Burry Brian Belski

Top Vaccine Makers Already Preparing to Fight Omicron Coronavirus Variant

While the Omicron mutation might "impact" the effectiveness of our current vaccines, they're "super unlikely" to render them useless, according to Dr. Ashish Jha, dean of Brown University's School of Public Health. And USA Today reports that vaccine makers are already getting ready to fight the variant: Health experts have said it will likely be weeks before the world has good data about how omicron may reduce the effectiveness of current vaccines, but Moderna has already announced a three-po...
Tags: White House, Tech, Joe Biden, Pfizer, Cnbc, Johnson Johnson, Slavitt, Andy Slavitt, Moderna, Ashish Jha, Pfizer BioNTech

South Africa health minister calls travel bans on country amid Omicron variant fears 'unjustified': report

A young woman reacts as she receives a Pfizer jab against COVID-19, in Diepsloot Township near Johannesburg Thursday, Oct. 21, 2021. A new COVID-19 variant has been detected in South Africa that scientists say is a concern because of its high number of mutations and rapid spread among young people in Gauteng, the country's most populous province, Minister of Health Joe Phaahla announced Thursday, Nov. 25, 2021.AP Photo/Denis Farrell, File South Africa Health Minister said the travel bans ...
Tags: Travel, Asia, UK, News, Africa, Israel, US, Trends, South Africa, Belgium, Who, World Health Organization, Pfizer, Johannesburg, Anthony Fauci, Centers For Disease Control And Prevention

Small Business Saturday holiday shopping is back, and maybe changed forever

A CNBC|Momentive Small Business Survey for Small Business Saturday shows how high prices and low inventory are influencing consumer holiday shopping plans. #momentive #smallbusiness
Tags: Cnbc

Anthony Scaramucci says the COVID-driven sell-off is a buying opportunity in stocks and crypto — and calls it a 'mini March of 2020'

Anthony Scaramucci runs investment company SkyBridge Capital.The Washington Post/Getty Images Anthony Scaramucci said Friday's brutal selloff is a buying opportunity for stocks and crypto. Stocks slumped as investors ran for cover after a new COVID-19 variant was detected in South Africa. Yet Scaramucci said the variant may inspire the Fed to be more patient about an interest rate hike. Friday's brutal market sell-off is a buying opportunity for both stocks and crypto assets, Anthony ...
Tags: UK, White House, Trends, European Union, South Africa, Federal Reserve, Donald Trump, Cnbc, Fed, Squawk Box, Anthony Scaramucci, SkyBridge Capital, Scaramucci, Harry Robertson, SkyBridge Capital The Washington Post Getty, CNBC Global

For us, it is not a solution': Enel CEO skeptical over the use of carbon capture

Francesco Starace made his comments during an interview with CNBC. #francescostarace #enel
Tags: Cnbc, Enel, Francesco Starace

3 reasons why gas prices are so high right now

Drivers are feeling the pain at the pump.Grace Cary/Getty Images Gas prices in the US have hit a seven-year high. Demand has increased as the economy reopened and Americans have begun driving more. Meanwhile, supply has been constrained because of lower US production and OPEC decisions. See more stories on Insider's business page. Americans are once again feeling pain at the gas pump, and it's because of a classic clash between rising demand and constrained supply.An October report fr...
Tags: Energy, Russia, India, US, Trends, Eu, Opec, Joe Biden, West, Biden, EIA, Gulf of Mexico, Energy Information Administration, AAA, Cnbc, Federal Highway Administration

Bitcoin bull Mike Novogratz warns Jerome Powell's second Fed stint could bring pain for crypto prices

Mike Novogratz is a big name in the crypto world.Photo by John Lamparski/Getty Images Jerome Powell's second term as Fed chair may bring some pain for crypto assets, Mike Novogratz has said. Novogratz said Powell may now feel freer to tackle inflation by tightening monetary policy. The bitcoin bull said this would slow all assets down, including crypto and tech stocks. Billionaire investor Mike Novogratz has said Fed Chair Jerome Powell could be about to slow down the crypto market now he...
Tags: US, America, Trends, Joe Biden, Bitcoin, United States, Cnbc, Fed, Powell, CME Group, Jerome Powell, Mike Novogratz, Novogratz, Bitstamp, John Lamparski Getty, Harry Robertson

A housing crisis in China would look nothing like what's happening in the US — it could wipe out entire families instead of one generation

China's housing crisis won't be a generational crisis — it'll be a familial one.Xinhua News Agency / Contributor / Getty Images Comparing the state of the housing market in the world's two biggest economies reveals two different breeds of crisis. In the US, millennials are getting screwed by and priced out of the housing market. In China, it won't be a generation that bears the brunt of a crisis — instead, a housing market fallout would create intergenerational, familial c...
Tags: London, Minneapolis, China, US, America, Trends, Beijing, Sun, Cnbc, Chengdu, Redfin, Li, Moody, King s College, Texas A M University, Gen Xers

Clips From Today’s Closing Bell

Josh Brown on what’s in store for markets into year-end from CNBC. ...The post Clips From Today’s Closing Bell appeared first on The Reformed Broker.
Tags: Finance, Uncategorized, Cnbc, Josh Brown

Theranos founder Elizabeth Holmes admits to adding Pfizer logo to company reports and hiding the use of third-party devices: Trial week 12 recap

Brittany Hosea-Small/Reuters Theranos founder Elizabeth Holmes returned to the stand this week in her criminal fraud trial. She admitted using Pfizer's logo without authorization but said, "I wish I had done it differently." Holmes also said she concealed Theranos' use of third-party devices over trade secret concerns. Theranos founder Elizabeth Holmes continued testifying in the 12th week of her federal fraud trial this week. Her defense has argued she couldn't have knowingly dup...
Tags: News, Stanford, Africa, Trends, Merck, Walgreens, New York Times, Fda, Npr, Trial, Pfizer, Siemens, Cnbc, Theranos, Gibbons, Elizabeth Holmes

Dogecoin has 'inflationary dynamics' and isn't good for the cryptocurrency market, says Ripple CEO

Ripple CEO Brad Garlinghouse.Photo by Steve Jennings/Getty Images for TechCrunch Dogecoin has "inflationary dynamics" and the meme coin isn't good for the broader crypto market, said Ripple CEO Brad Garlinghouse.  At an event moderated by CNBC, he added that he'd be reluctant to hold dogecoin.  He said inflation, which is at 31-year highs, has been a tailwind for the crypto market.  Dogecoin, which has no limit on its supply, is not good for the broader cryptocurrency market, said the...
Tags: Trends, Markets, Cnbc, Dogecoin, Carla Mozee, Brad Garlinghouse, Garlinghouse, Steve Jennings Getty, Ripple Labs, Dogecoin Price, MI Exclusive, Dogecoin Inflation, Dogecoin Brad Garlinghouse Ripple, Dogecoin Cryptocurrency Market, Ripple Ceo Brad Garlinghouse, TechCrunch Dogecoin

Here's how the supply-chain crisis could impact your holiday turkeys, toys, travel plans, and more

Betsie Van Der Meer/ Getty Images The supply chain has been in chaos since the pandemic started, causing shortages and price hikes. Holiday shopping demand is set to worsen the shipping crisis. This holiday season Americans can expect soaring prices, shortages, and travel cancellations. Everywhere you look, there seems to be a new shortage popping up. Major supply-chain disruptions have coincided with a boom in consumer demand, which has caused mass shortages and price hikes. Experts warn thi...
Tags: Apple, Holiday Shopping, News, Oregon, China, US, Samsung, Trends, Supply Chain, Bloomberg, Features, Sony, Hilton, Retail, Christmas Gifts, Pacific Northwest

Cathie Wood says Ark is testing a risky shorting strategy that would be like 'Ark on steroids'

Photo by PATRICK T. FALLON/AFP via Getty Images Ark Invest is internally testing a new investment strategy that would be like "Ark on steroids."Cathie Wood told CNBC on Wednesday that the strategy would short companies that are being disrupted by new technologies.Wood said the strategy would be tested with its employees before it's launched for the public.A 15% year-to-date decline in Ark Invest's flagship Disruptive Innovation ETF isn't fazing Cathie Wood, who told CNBC on Wednesd...
Tags: Trends, Tesla, Wood, Cnbc, Patrick T Fallon, Matthew Fox, Cathie Wood, Getty Images Ark Invest

10 things in tech you need to know today

Hello! Quick programming note: There will be no newsletter this Thursday or Friday as we take a break for Thanksgiving. We'll be back in inboxes on Monday. Apologies for the slight delay this morning — we had a technical issue. But now, let's get started.If this was forwarded to you, sign up here. Download Insider's app – click here for iOS and here for Android. Tim CookApple 1. Apple is suing a company that makes iPhone-hacking software. The tech giant is also notifying a "small n...
Tags: Apple, Google, Amazon, Facebook, Mark Zuckerberg, Elon Musk, UK, London, US, Newsletter, Trends, Tech, Tesla, Bloomberg, Nick Clegg, Peter Thiel

Flugennock's Latest'n'Greatest: "Live With It"

From DC's anarchist cartoonist Mike Flugennock - "Live With It" And, there we have it — we've gone from "we're all in this together"  to "live with it". Like, screw you — just shaddup and live with it;  they're through even pretending to care. So, what else will we be expected to "live with" — labor exploitation?  Fascist thugs ruling the streets? The end of the goddamn Earth? ----- "CBS Stars Vow 'We're All in This...
Tags: Comics, Earth, Psa, Adweek, Cnbc, Mike Rhode, Mike Flugennock, CBS Stars, Jason Lynch

At least 600 Google employees — less than 0.5% of its workforce — reportedly drafted a manifesto opposing the company's vaccine mandate

Google office in Berlin.Annegret Hilse/Reuters At least 600 Google employees signed a manifesto opposing the company's vaccine mandate, reported. The opposition makes up a small fraction of the company's more than 150,000-person workforce. Google is requiring all employees to be vaccinated against COVID-19 by December 3. At least 600 Google employees — less than 0.5% of its massive workforce — drafted a manifesto opposing the company's COVID-19 vaccine mandate, reported Tuesda...
Tags: Google, Berlin, US, Trends, Biden, Cnbc, Manifesto, Anti-vaccine, Tech Insider, Chris Rackow, Lauren Frias, COVID, Vaccine Mandate, Vaccine Mandates, Annegret Hilse Reuters

Clips From Today’s Halftime Report

Final Trades: American Express, Morgan Stanley, JPMorgan & more from CNBC. ...The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.
Tags: Finance, Uncategorized, Cnbc, American Express Morgan Stanley JPMorgan

Coordinated smash-and-grab robberies are 'traumatic experiences' for Best Buy workers, and could worsen the company's labor challenges

A police officer wears a mask while sitting on guard at a Best Buy in Kentucky.Getty Coordinated — and sometimes armed — burglaries are increasing at retailers across the country. The incidents are "traumatic experiences" for workers, Best Buy CEO Corie Barry said. Barry said thefts are impacting profits and could lead workers to leave the company. Loosely organized groups are targeting Best Buy locations, grabbing up large swaths of merchandise, and running out of the store, CEO Corie Barry ...
Tags: Nordstrom, California, Kentucky, San Francisco, Trends, Walgreens, Best Buy, Barry, Cnbc, Stuart Appelbaum, DOMINICK REUTER, Corie Barry

Biden picks Jerome Powell to serve a second term as Fed chair after piloting COVID-era recovery

President Joe Biden (L) / Federal Reserve Chairman Jerome Powell (R).Susan Walsh/AP Photo ; Al Drago/Pool Bloomberg/AP Photo President Biden tapped Fed Chair Jerome Powell to serve another four-year term on November 22. Powell piloted the Fed as it unleashed unprecedented aid during the pandemic and supported the US recovery. Though Powell enjoys bipartisan support, some Democrats have opposed his nomination and pushed for a more climate-focused chair. Federal Reserve Chair Jerome Powell'...
Tags: Senate, White House, Massachusetts, US, Trends, Joe Biden, House, Warren, Biden, Donald Trump, Cnbc, Trump, Fed, The Fed, Powell, Sen Elizabeth Warren

Astra Space soars 36% after its rocket successfully reached space, spurring a congrats from Elon Musk

Astra SpaceAstra Space Astra Space successfully blasted it LV0007 rocket into space Friday night, causing shares to soar to start the week.  The California-based company received congratulations from SpaceX CEO Elon Musk. It now joins a handful of private space companies to reach Earth's orbit.  Astra Space shares soared 36% early Monday after the company's rocket successfully reached orbit, prompting a congratulatory tweet from Elon Musk.The Alameda, California-based company complete...
Tags: Twitter, Spacex, Elon Musk, California, Trends, Markets, Tesla, Earth, Fidelity, Cnbc, Astra, SpaceX Virgin Galactic, Chris Kemp, Space Force, US Space Force, Astra Astra

Want to Sell Your Business? Here’s What You Need to Know

In many ways, selling a business is like selling a house. In addition to the financial ramifications, there’s also personal attachment. This emotional connection makes it a more complex and challenging process to work through.  5 Things to Consider When Selling Your Business Your business is your baby. But babies grow up and move on. In other words, there may come a time when you have to sell your business and move on to the next phase of your life.  In total, CNBC reports that 78 perce...
Tags: Sales, Cnbc, Young Entrepreneur Council, PNC, Blog & Grow, Selling A Business, Things to Consider When Selling Your Business, Thinking About Selling Your Business, Want to Sell Your Business

Wharton professor Jeremy Siegel said a 10% drop in stocks is coming – and could be triggered by another bad inflation print

Jeremy Siegel said he's still invested in stocks because "there is no alternative."CNBC/Getty Images Wharton professor Jeremy Siegel said he thinks stocks are set to fall 10%, perhaps as soon as December. "One more bad inflation report" could spur a stronger reaction from the Fed and stock market volatility, he said Friday. Yet Siegel said he's invested in stocks because there is no alternative, if investors want to beat inflation. Jeremy Siegel has said a "correction" in stocks is co...
Tags: Microsoft, US, Trends, Bank Of America, Federal Reserve, Cnbc, Fed, SIEGEL, Wharton, Jerome Powell, Jeremy Siegel, Harry Robertson, CNBC Getty Images Wharton

Harry Styles' new beauty venture is like a mix of Glossier and Goop

Harry Styles performs on stage during day one of Capital's Jingle Bell Ball in 2019.Isabel Infantes - PA Images/Getty Images Harry Styles is the latest celebrity to launch a wellness and personal care business. Styles aims to sell minimalist beauty products, and later plans to offer ideas and insights.  Gwyneth Paltrow and Rihanna have grown cult-like followings for their health and beauty companies. Harry Styles is the latest celebrity to voyage into the $1.5 trillion wellness industry.T...
Tags: Rihanna, Trends, Harry Styles, Honest Company, Cnbc, Alex Rodriguez, Shark Tank, Paltrow, Jessica Alba, Jingle Bell Ball, Fenty, Fenty Beauty, Allana Akhtar, Bethany Biron, Frederick Benjamin

I tried Firehouse Subs, which was just acquired by Burger King's parent company for $1 billion, and found no reason to eat there again

Businesswire Burger King's parent company just bought Firehouse Subs for $1 billion. The company has a history of buying chains and elevating their recognition, like with Popeyes. The sandwiches were good, but not enough to stand out among other sandwich chains. Firehouse Subs was just bought by Burger King's parent company Restaurant Brands international for $1 billion this week. Mary Meisenzahl/Insider Source: CNBC I visited one of the chain's locations to test out the new ...
Tags: New York, Trends, Burger King, Coca Cola, Kraft, Cnbc, Joe, Tim Horton, Jimmy John, Firehouse Subs, Restaurant Brands, Mary Meisenzahl, Businesswire Burger King, Mary Meisenzahl Insider Most of the interior, Mary Meisenzahl Insider Outside Firehouse

Elon Musk congratulates space startup Astra for reaching orbit for the first time

SpaceX and Tesla CEO Elon Musk.REUTERS/Mike Blake Elon Musk commended California-based company Astra Space for reaching orbit for the first time.  The firm's rocket hit its target orbit nine minutes after liftoff, per CNBC. "Congrats! Orbit is not easy," Musk wrote in a tweet to Astra.  Elon Musk congratulated Astra Space, a California-based company, for successfully reaching orbit for the first time. On Saturday, the startup, which specializes in launch vehicles, blasted its LV0007 rocke...
Tags: Spacex, Elon Musk, California, US, Trends, Cnbc, Musk, Kemp, Astra, Starship, Kodiak Island Alaska, Chris Kemp, Virgin Orbit, Tesla CEO, Pacific Spaceport, US Space Force

Elon Musk reportedly asks Tesla managers who don't execute orders to 'resign immediately,' according to leaked emails

Tesla CEO Elon Musk.Pool Tesla CEO Elon Musk has three options for managers if they get a request from him, according to emails obtained by CNBC. The two leaked emails were sent by Musk to "everybody" at Tesla during the first week of October. The emails discuss listening to music at work and what managers should do when they're sent directions by Musk. Tesla CEO Elon Musk tells managers who don't execute orders or explain why he's wrong that they will have to "resign immediately,...
Tags: Spacex, Elon Musk, News, Trends, Tesla, Emails, Cnbc, Musk, Tesla Autopilot, Tech Insider, Musk Tesla, Tesla Factory, Elon Musk Tweets, Elon Musk twitter, Leaked Memo, Emily Walsh