Consumers want choice in when they watch content, says LightShed’s GreenfieldNetflix is aiming to take on the big box office this Thanksgiving with the release of its long-awaited film “The Irishman” on its platform. Rich Greenfield, partner at LightShed, joins “Squawk Box” to discuss the streaming platform’s content strategy and how it may hold up against the competition.

“Positioning in the US equity market among institutional investors has turned euphoric and highlights the extent to which FOMO (fear of missing out) has gripped the institutional equity investor community,” RBC Head of U.S. Equity Strategy Lori Calvasina wrote to clients. “When we look at stock market valuations from the perspective of a stock picker, we also see signs of froth in the US equity market.” All of those dates marked “major” peaks in the American stock market. “Realization by equity

Karen Hay was dealt a devastating blow when she found out the medication she needed to treat her bladder cancer was not available. For comparison, Merck’s blockbuster new cancer drug Keytruda and other similar medicines cost more than $13,000 a month. UPMC Urologist Dr. Ben Davies says the shortage has definitely led to poor outcomes in bladder cancer patients. In the case of BCG, “the shortage has definitely led to poor outcomes in bladder cancer patients,” Davies said. Erin Fox, senior directo

The Department of Justice on Wednesday asked the federal appeals court in Washington to block a lower court ruling that would require former White House counsel Donald McGahn to testify in the Democratic-led impeachment inquiry into President Donald Trump. The filing was submitted in the U.S. Court of Appeals for the Washington, D.C. It asks the appeals court to temporarily halt the lower court ruling on an emergency basis pending a formal appeal. Joseph Hunt, the assistant attorney general, wro

Apple’s AirPods Pro are proving to be an early hit ahead of the holiday season. If you’re shopping for deals on the AirPods Pro, your best bet is to head to Amazon. Amazon is currently selling the AirPods Pro for $234.98, a discount from the regular price of $249.00. Other retailers, such as Best Buy, Target and Walmart also still have AirPods Pro in stock, but don’t have the same sale. The AirPods Pro are the more premium version of AirPods, and also the newest.

A produce worker stocks shelves near romaine lettuce (top shelf, right) at a supermarket in Washington, DC on November 20, 2018. The CDC has identified romaine harvested in Salinas, California, as the culprit, though no common grower or brand has been identified. The timing of the outbreak, which has sent 39 people to the hospital, is alarming for health officials. Almost a year ago, a similar outbreak occurred in romaine with the same strain of E. coli, making 62 people sick. The CDC first anno

Former National Security Advisor General Michael Flynn leaves after the delay in his sentencing hearing at US District Court in Washington, DC, December 18, 2018. A federal judge on Wednesday once again delayed the criminal sentencing of Michael Flynn, President Donald Trump’s first national security advisor. Lawyers for Flynn and the Department of Justice had written to Judge Emmet Sullivan in a court filing Tuesday, asking to postpone the upcoming sentencing hearing until the court makes a dec

Apple’s new $249 AirPods Pro appear to be a hit for the holiday season. Shoppers who want AirPods Pro in time for the holidays can still find them in stock at other retailers, however. Best Buy, for example, says that new orders of the AirPods Pro will arrive by Dec. 3. According to Nikkei, Apple asked Luxshare-ICT, which builds the AirPods Pro, to double production to 2 million units per month. Those are still in stock at Apple Store locations, however, and Apple’s website says they will arrive

There may be another twist in the tale of two retail stocks on the horizon, according to options traders. Home Depot and Lowe’s have experienced opposite fates recently. The companies – which share ties to both the retail and homebuilder industries – reported earnings within a day of each other last week, and while Home Depot faltered, Lowe’s surged higher. That means these buyers are betting that Home Depot will close the week at least 1% higher than where it closed Tuesday. This relatively inc

Uber co-founder Travis Kalanick continues to dump shares in his old company. Since Friday, the former CEO of the ride-hailing giant has sold more than $250 million in stock, according to a financial filing submitted to the SEC. The latest sale leaves Kalanick with more than 36 million shares in Uber, a substantial stake in the company. Co-founder Garrett Camp sold about $20 million in shares this month, according to SEC filings, but still holds more than $2 billion in the company. The company’s

The U.S. economy grew at a moderate 2.1% rate over the summer, slightly faster than first estimated. But many economists say they think growth is slowing sharply in the current quarter. The Commerce Department says the July-September growth rate in the gross domestic product, the economy’s total output of goods and services slightly exceeded its initial estimate of a 1.9% rate. The economy had begun the year with a sizzling 3.1% GDP rate. Many economists have estimated that GDP growth is weakeni

The stock market has been hitting record high levels day after day, but that doesn’t mean corporate CEOs are bullish about next year, according to J.P. Morgan Chase regional investment banking head John Richert. Instead, CEOs are worried about delivering earnings growth amid increasingly uncertain times, thanks to slowing growth around the world, the U.S.-China trade dispute and upcoming U.S. presidential election. As a result, most of the CEOs Richert speaks with are reining in capital spending

Pending home sales, which measure signed contracts, fell 1.7% in October month-to-month, according to the National Association of Realtors. Sales were 4.4% higher annually, likely because mortgage rates are much lower this fall. Lower rates overall this year have juiced demand significantly, causing for-sale inventory to fall. In the Midwest sales fell 2.7% monthly but were 1.8% higher annually. In the West, pending home sales fell 3.4% for the month but were 7.5% higher than October 2018.

Shifts in recent polls have shaken the top of the 2020 Democratic primary field, though the top contenders to face President Donald Trump have not changed with a little more than two months until nominating contests start. South Bend, Indiana, Mayor Pete Buttigieg has climbed to leads in polling averages of the Iowa caucuses and New Hampshire primary, the first two nominating contests in February, according to RealClearPolitics. Through the ebbs and flows at the state level, Biden has kept his g

The 737 Max is Boeing’s best-selling plane and the manufacturer halted deliveries and slashed production of the planes after the worldwide grounding in March. Nearly 350 people were killed in two 737 Max crashes — one in Indonesia in October 2018 and another in Ethiopia in March — prompting several investigations, including a criminal probe. The FAA needs to sign off on the changes, review a test flight and evaluate human factors in the plane’s safety before the planes can fly commercially again

PC makers are pointing at Intel as they tell Wall Street to expect lower revenue. Last week, though, Intel told customers that it was running short on PC processors. “The reduction of the range is principally due to the Intel supply dynamic,” Tom Sweet, Dell’s finance chief, told analysts on a conference call. HP CEO Enrique Lores said Intel supply constraints would have an impact for at least two quarters. AMD could pick up more business from major PC makers in the coming quarters as Intel’s is

ETNews says Apple will launch a smaller 5.4-inch iPhone, another iPhone with a 6.1-inch screen and a new iPhone with the largest screen yet, at 6.7-inches. Apple’s 2019 iPhones include the iPhone 11 with a 6.1-inch screen, the iPhone 11 Pro with a 5.8-inch screen and the iPhone 11 Pro Max with a 6.5-inch screen. The report said Apple is planning to source the 5.4-inch and 6.7-inch screens from Samsung and that they’ll use the same OLED technology from the iPhone 11 Pro and iPhone 11 Pro Max. App

President Donald Trump knew about a bombshell whistleblower complaint that exposed his pressure campaign against Ukraine when he decided to release a withheld military aid package to Kyiv, The New York Times reported. The lawyers explained to Trump that they were trying to determine whether they were legally required to hand the complaint over to Congress, the Times reported Tuesday. Republicans have defended Trump throughout the impeachment proceedings in the House by noting that the aid was ev

If you’re lucky enough to be near one of two cities, you’ll have the chance to go to a Toys R Us store again. Tru Kids, the revitalized brand’s parent company, has since teamed up with Target to relaunch Toys R Us’ website. Barry said Toys R Us would take upward of 10,000 square feet per store in the future, as it scouts additional real estate. “We believe that Toys R Us was renowned, and customers really saw us as the experts in the space,” said Barry. Here’s a first look inside the new Toys R