Investors are less concerned about a recession than last year, says UBS Private Wealth’s McCartneyJack Ablin, Cresset Capital, and Alli McCartney, UBS Private Wealth Management, joins ‘The Exchange’ to discuss the state of the markets.

Airbus Americas CEO Jeff Knittel on airline risk management and growthAirbus Americas chairman and CEO Jeff Knittel joins “Squawk Alley” via phone to discuss the company’s new venture and growth.

Citi’s “normalized earnings yield gap analysis” showed a near 90% chance of market gains in the next 12 months, according to the bank’s chief U.S. equity strategist, Tobias Levkovich. He contended the widely watched S&P 500 price-to-forward-earnings ratio could be skewed by low rates due to global central banks’ quantitative easing measures. “We do not see the pent-up demand that would generate a new S&P 500 or Nasdaq bubble either.” The analysis showed current market valuation is between one an

Western Digital — Shares of the chip maker rose nearly 4% after Morgan Stanley upgraded its stock to an overweight rating. Boeing — The aerospace giant’s stock climbed as much as 2% on high trading volume, rebounding after three consecutive down days. Travelers — Shares of Travelers plunged nearly 5% to become the worst performer in the 30-stock Dow Jones Industrial Average after the insurance company reported disappointing quarterly results. The company said its net premiums written, an importa

He started the human resources technology company in 2005 and has grown it to a stock market valuation over $40 billion. In particular, machine learning and the blockchain. “Employees can go from company to company and carry credentials with them in a private network. The WorkDay CEO is not alone in focusing on this opportunity. Its CEO has claimed that the predictive technology works with up to 95% accuracy.

Jim Lehrer, of the PBS Newshour, speaks to the audience before moderating the first presidential debate between US President Barack Obama and Republican challenger Mitt Romney in Denver ,Colorado on October 3, 2012. Jim Lehrer, co-host and later host of the nightly PBS “NewsHour” that for decades offered a thoughtful take on current events, has died, PBS said Thursday. Dan Rather said “few approached their work with more equanimity and integrity than Jim Lehrer.” After MacNeil bowed out in 1995,

“She has been the spokesperson that we have needed,” Benioff said in a “Squawk Alley” interview from the World Economic Forum in Davos, Switzerland. The 17-year-old Thunberg has become a leading voice on climate change over the last 18 months, beginning with her protest outside Swedish parliament in 2018 that gained widespread attention. Thunberg also attended this week’s World Economic Forum, which had a focus on the intensifying climate crisis. Trump has not only criticized Thunberg’s climate

The Senate impeachment trial of President Donald Trump is scheduled to resume Thursday as Democratic House managers press their case for the president’s conviction and removal from office. Lead House impeachment manager Adam Schiff on Wednesday delivered a sweeping overview of Trump’s alleged abuses of power and attempts to obstruct Congress. In their presentation, House Democrats are seeking to win approval to call witnesses and introduce documents. The House impeachment inquiry was triggered b

Netflix stock rose about 5% Thursday in intraday trading, days after a mixed fourth-quarter earnings report. On Tuesday, Netflix reported fourth-quarter earnings that saw the company beat on the top and bottom lines for the quarter, but gave disappointing guidance for the first quarter of 2020. The stock climbed as much as 2.3% in after-hours trading on Tuesday, then fell about 2% on Wednesday. Tuesday’s earnings report was Netflix’s first since streaming competition has picked up. Despite the d

Israeli Prime Minister Benjamin Netanyahu delivers a speech during the Fifth World Holocaust Forum at the Yad Vashem Holocaust memorial museum in Jerusalem on January 23, 2020. U.S. President Donald Trump has invited Israeli Prime Minister Benjamin Netanyahu and his election rival Benny Gantz to Washington next week to discuss the White House’s peace plan, Vice President Mike Pence said on Thursday. “President Trump asked me to extend an invitation to Prime Minister Netanyahu to come to the Whit

Investor Bill Miller came back with a bang in 2019, riding the stock market’s relentless rally to record highs. Miller’s firm, Miller Value Partners, posted a return of 119.5% last year net of fees, he told investors in a Jan. 15 letter. Those returns also blew the broader market’s gains out of the water. “Few, if any, predicted a strong stock market given how bad the fourth quarter [2018] returns were. The result was the best stock market in years,” Miller wrote.

Corporate America is awash in junk debt, and the situation could deteriorate substantially in the next five years as a record amount of issuance comes due. Moody’s Investors Service warned Thursday that default risk is on the rise for the nearly $1.2 trillion of speculative-grade loans, bonds and various related instruments maturing from 2020-24. That total is a new record for maturities coming due over a five-year period, up 14% from 2019. Moody’s also warned that a swath of investment-grade co

Home DNA-testing company 23andMe is laying off about 100 people, or 14% of its staff, on Thursday, in the wake of declining sales. The layoffs primarily cover the operations teams, which were focused on the company’s growth and scaling efforts. CEO Anne Wojcicki told CNBC she’s been “surprised” to see the market starting to turn. Fears about people’s DNA ending up in the wrong hands might have been heightened in the aftermath of the Golden State Killer case. She said the company hired a new chie

The U.S. government announced Thursday that former Wells Fargo CEO John Stumpf has been banned from ever working at a bank again and will pay $17.5 million for scandals in which millions of fake accounts were set up to meet sales quotas. The notice from the Office of the Comptroller of the Currency said the regulator plans to target other individuals, including former executives, for their role in the scandals. “The actions announced by the OCC today reinforce the agency’s expectations that mana

The Centers for Disease Control and Prevention on Thursday escalated its health warning to a level 3 as the coronavirus continues to spread, recommending that people avoid all nonessential travel to Wuhan, China. The State Department reiterated its level 2 travel advisory, which urges people to exercise caution if traveling to an affected area. “Today, we updated the China Travel Advisory to include additional information on the outbreak. The Advisory remains a Level 2: Exercise Increased Cautio

DAVOS, Switzerland — Swedish climate activist Greta Thunberg hit back at Steven Mnuchin on Thursday, after the Treasury Secretary suggested she needed to study economics in college before lecturing the U.S. on fossil fuel investments. Speaking to reporters during a press briefing, Mnuchin was asked whether the world’s largest economy should completely and immediately divest from fossil fuels. Swedish climate activist Greta Thunberg attends a session at the Congres center during the World Economi

The psychological-horror game developer behind Layers of Fear, Observer, and Blair Witch teased a new project on Thursday, with all signs pointing to Observer 2 (or whatever the creators at Bloober Team choose to call the sequel). On Twitter and YouTube, Bloober Team posted a short teaser video titled “Incoming Call.” — seemingly a reference to Daniel Lazarski, the protagonist of that game. Rutger Hauer (Blade Runner, The Hitcher) voiced Daniel Lazarski in Observer. Bloober has been focusing its

This week’s lineup of new games in the Nintendo eShop brings with it the conclusion of the decade-spanning episodic series Kentucky Route Zero. There’s also a dash of retro Sega classics, plus the moody 198X, which uses those same retro games to tell a different kind of story. It’s Kentucky Route Zero: TV Edition of course that’s the big headliner this week. That’s the same day that version of the game drops for PlayStation 4 and Xbox One. It stars a Wild West-inspired bounty hunter, and it a bi

Tetris is dead (on mobile); long live Tetris. It has one game mode and five different skins, where EA’s Tetris 2011 has three modes of play. “This is just the foundation of an incredible Tetris app experience we’re building at N3twork.” Last year, N3twork and The Tetris Co. announced that Tetris Royale would be coming to iOS and Android. On Wednesday, in a statement posted to the App Store, EA said its Tetris 2011 and Tetris Blitz games would be retired on April 21.

The latest free game hitting the Epic Games Store is The Bridge, an indie puzzle game inspired by the physics of Isaac Newton and the impossible geometry of M.C. Fans of physics-based puzzle games like Monument Valley and Fez will likely enjoy getting lost in the mazes. There’s even a set of bonus advanced levels for those who’ve beaten the game. Epic will continue its popular free games program through at least 2020, with new free game(s) dropping at 11 a.m. The Bridge is available now at the E