BREAKING NEWS
What will happen to CNBC and MSNBC when they no longer have a corporate connection to NBC News?
Read full article: What will happen to CNBC and MSNBC when they no longer have a corporate connection to NBC News?Two television networks with “NBC” in their names — MSNBC and CNBC — will no longer have any corporate connection to NBC News once a spinoff formally takes effect in about a year.
Comcast to spin off cable networks that were once the entertainment giant's star performers
Read full article: Comcast to spin off cable networks that were once the entertainment giant's star performersComcast is spinning off into a new company many of its cable television networks that were once at the heart of the entertainment giant, as consumers increasingly swap out their cable TV subscriptions for streaming platforms.
The booming business of F1 to be explored in CNBC documentary airing ahead of Las Vegas Grand Prix
Read full article: The booming business of F1 to be explored in CNBC documentary airing ahead of Las Vegas Grand PrixFormula One fanatics will get more behind-the-scenes access to the global motorsports series through a new CNBC documentary that explores the business aspects of the highest form of racing in the world.
CNBC axes Shepard Smith's nightly newscast after two years
Read full article: CNBC axes Shepard Smith's nightly newscast after two yearsCNBC says it is pulling the plug on Shepard Smith's weeknight general interest news program, saying it wants to focus on the network's core strength of business news.
Virginia named third in CNBC’s nationwide business ranking, a drop from last year’s first
Read full article: Virginia named third in CNBC’s nationwide business ranking, a drop from last year’s firstVirginia was named CNBC’s “Top State for Business” in 2007, 2009, 2011, 2019, and 2022 according to the Associated Press, but this year’s rankings left Virginia in third, a drop from the previous years of coming out on top.
CNBC again names Virginia best in the nation for business
Read full article: CNBC again names Virginia best in the nation for businessBusiness news network CNBC named Virginia this year's "Top State for Business" on Tuesday, welcome news for Democrats who control state government and are defending their record during a critical election year.
An unwelcome prank: Volkswagen purposely hoodwinks reporters
Read full article: An unwelcome prank: Volkswagen purposely hoodwinks reportersSeveral news organizations, including The Associated Press, USA Today, CNBC and The Washington Post, had reported the original press release as real news, some after being assured specifically that it was no joke. It was a similar story at USA Today, where a reporter specifically asked if it was a joke and was told “no,” said the newspaper's spokeswoman, Chrissy Terrell. “We are disheartened that the company would choose this type of disingenuous marketing.”The USA Today reporter who was initially lied to was more blunt. “About that plan to change Volkswagen of America's name.” wrote USA Today's Mike Snider. AdGlover said the company landed millions of dollars in publicity from a press release.
Toys ‘R’ Us could be back open in the U.S. before the holiday season
Read full article: Toys ‘R’ Us could be back open in the U.S. before the holiday seasonToy superstore Toys R Us is again opening its doors to shoppers at 5 p.m. on Thanksgiving and will stay open 30 hours straight until 11 p.m. on Black Friday. A toy store that was a childhood favorite for many might be reopening again in the U.S.Yehuda Shmidman, CEO and chairman of Tru Kids, told CNBC that he hopes to open Toys “R” Us stores again before the holiday season and added that its reappearance could come in flagships, pop-ups, airport locations or mini-stores inside other retail shops. Ad“Our investment in Toys ”R” Us reflects our belief and passion for the brand,” Shmidman said. “We are thrilled to be taking the reins of the world’s leading toy brand at a time when the category is up 16% and consumer demand for toys is at an all-time high. This is a natural fit for WHP, as we can leverage our global network and digital platform to help grow Toys ”R” Us and Babies ”R” Us around the world.”
Jump in hiring fuels optimism for US economic recovery
Read full article: Jump in hiring fuels optimism for US economic recoveryThat is down dramatically from 14.8% last April, just after the virus erupted in the United States. Ad“The recovery really has some legs, some momentum now,” said Odeta Kushi, deputy chief economist at First American Financial Corp. AdAlso hiring last month were retailers, which added 41,000 jobs, health care companies, with 46,000, and manufacturers, with 21,000. But state and local governments have slashed 1.4 million jobs since the pandemic erupted, including 86,000 last month, and most have instituted hiring freezes. The Congressional Budget Office projects the nation will add a substantial 6.2 million jobs this year.
Carilion Clinic officials prepare for COVID-19 vaccine rollout
Read full article: Carilion Clinic officials prepare for COVID-19 vaccine rolloutROANOKE, Va. – Despite the ongoing surge, health experts stress hope is on the horizon with all but certain COVID-19 vaccine approval from the FDA this week. Officials at Carilion Clinic told 10 News they expect the vaccine to arrive locally sometime over the weekend. There are still lots of questions about what that rollout for the vaccine will look like, but experts say any return to normalcy will depend on it. Carilion Clinic is set to receive the Pfizer vaccine initially and possibly the Moderna vaccine later on. “The benefit of protecting yourself against COVID-19 and stopping the spread of COVID-19 far outweigh any minor sorts of side effects” said Skolnik.
Pelosi and Mnuchin have 'extensive' talks on COVID relief
Read full article: Pelosi and Mnuchin have 'extensive' talks on COVID reliefWe still don’t have an agreement," Mnuchin said after meeting with Pelosi and briefing top Senate Republican Mitch McConnell. At the very least, the positive tone set by Pelosi and Mnuchin represented an improvement over earlier statements. That's well above what many Senate Republicans want but would probably be acceptable to GOP pragmatists and senators in difficult races. The “top line" limit upon which Pelosi, the Trump administration and Senate Republicans might be able to agree has been a subject of considerable speculation. Pelosi and Mnuchin have ramped up talks in recent days but remain far apart.
Nearly a year after sudden exit, Shepard Smith returns to TV
Read full article: Nearly a year after sudden exit, Shepard Smith returns to TVThe 56-year-old newsman, a Fox News original who joined that network at its start in 1996, says he's relishing the fresh start. Smith left more questions than answers upon his Fox exit, leaving others to speculate about why. His 3 p.m. newscast stood out at a network where opinion is king, and sometimes he challenged statements made by the network's prime-time hosts. Asked about it, Smith said that “I had felt like it was time for a new challenge for a long time. With CNN, MSNBC and the broadcast networks courting Smith, CNBC was considered an underdog, at best.
CNBC's Cramer apologizes for calling Pelosi 'crazy Nancy'
Read full article: CNBC's Cramer apologizes for calling Pelosi 'crazy Nancy'NEW YORK – CNBC's Jim Cramer apologized Tuesday for calling House Speaker Nancy Pelosi “crazy Nancy” during an interview, saying he was trying to make a point about Washington intolerance that fell flat. The fast-talking former hedge fund trader, one of CNBC's leading personalities for two decades, was interviewing Pelosi on negotiations on a relief bill for those hurt financially by the pandemic. “What deal can we have, crazy Nancy?” he said during the interview. He immediately indicated that he was channeling President Donald Trump, who has repeatedly used that derisive nickname for Pelosi. “It's time that CNBC takes steps to remove toxic misogyny from its airwaves, and that starts by firing Jim Cramer,” Thomas said.
Nearly 1,400 People Hit the Lottery With Same Winning Numbers: 2222
Read full article: Nearly 1,400 People Hit the Lottery With Same Winning Numbers: 2222Imagine finding out youve won the lottery, but you have to split the winnings with almost 1400 other people. CNBC reports that it happened in South Carolina, after they all happened to select the same exact winning numbers in the states Pick 4 game: 2-2-2-2. South Carolina Educational Lottery officials are paying out a record prize of $3.4 million in last Saturdays game. One person played the winning combination 16 times, snagging them $80,000. RELATED STORIESMan Takes Detour Home From Lunch, Wins $10M LotteryMan Hits Lottery Twice in 2 YearsMan Says Good Deed Led Him to Win Lottery
Virginia named best state for business by CNBC
Read full article: Virginia named best state for business by CNBCROANOKE, Va. - Virginia has been named the top state in the U.S. for business by CNBC. 1 in workforce, tying for first in education with Massachusetts and coming in third for business friendliness, according to CNBC. By the numbers, Virginia is not only the best state for Amazon, it's the best state for business. CNBC reports the state has the nation's best workforce, including the fourth-highest concentration of science, technology, education and math workers. The state also boasts high test scores, small class sizes and a huge selection of colleges and universities that make the commonwealth's education system the best in the country.