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cnbc wrote a new post, Here is a biotech drug play on the coronavirus, on the site US Stock Info 4 years, 9 months ago
Sterile water is prepared for a one dose bottle of measles, mumps and rubella virus vaccine. (This story is for CNBC Pro subscribers only.) The deadly coronavirus sent the stock market on tailspin this week as investors fled risk assets amid concerns the outbreak would disrupt the global economy. Meanwhile, investors sought to spot biotech companies that are developing vaccine or drug programs to battle the disease. Here’s another name.
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cnbc wrote a new post, Huda Kattan, founder of a billion-dollar beauty brand, explains what she looks for in new hires, on the site US Stock Info 4 years, 9 months ago
Self-made millionaire Huda Kattan says that she doesn’t want to work with “yes men,” who agree with everything she says, but instead wants people who “challenge” her views. Kattan told CNBC that she interviews every single person applying to work at the Dubai headquarters of Huda Beauty and that she hired people “for the way they think.” Her $10 million early-stage investment fund Huda Beauty Angels, which launched in 2017, invests in and provides mentorship for “women that are starting business
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cnbc wrote a new post, Ashton Kutcher sets goals for the next 100 years because ‘we’re all too short-term in our thinking’, on the site US Stock Info 4 years, 9 months ago
When it comes to making goals, actor-entrepreneur Ashton Kutcher plays the long game. In a recent interview on the podcast “Armchair Expert” with Dax Shepard, Kutcher explained his unique approach to planning ahead. Then, Kutcher took this a step further, and thought about where he wanted to be in the next 100 years. “I read this thing about Japanese companies and how they had century missions; they had goals that were for the century,” Kutcher said on the podcast. While it’s unclear if this is
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cnbc wrote a new post, See inside a $23 million mega-home — complete with a $1 million shark tank, on the site US Stock Info 4 years, 9 months ago
Located in the Hollywood Hills neighborhood of Los Angeles is the “Shark House Mansion” — a $23 million mega-home with real sharks that live inside. “It’s marine world in a house,” Los Angeles-based broker Sam Real tells CNBC. Underwater shot of one of the sharks that lives in a mansion in the Hollywood Hills. The home’s biggest selling point is, as the name suggests, a state-of-the-art shark tank. According to Real, it cost $1 million to install.
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cnbc wrote a new post, Inside a $23 million shark-infested mega-home, on the site US Stock Info 4 years, 9 months ago
Inside a $23 million shark-infested mega-homeLocated in the Hollywood Hills neighborhood of Los Angeles is the “Shark House Mansion” — a $23 million mega-home with real sharks that live inside.
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cnbc wrote a new post, The budget breakdown of a 27-year-old millionaire who brings in $615,000 and owns 6 properties, on the site US Stock Info 4 years, 9 months ago
He and his wife own six rental properties worth over $4 million and bring in about $460,000 per year in rent, or $38,300 per month. Source: Todd BaldwinSecret shopping Baldwin earns another $5,000 a year from secret shopping. How he budgetsOf the $615,000 Baldwin brings in, a chunk of that goes toward business expenses, including mortgage payments, taxes and insurance. Every month, he puts $8,000 in a high-yield savings account for future real estate purchases; another $5,000 goes into a separat
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cnbc wrote a new post, Trump chief of staff Mick Mulvaney suggests people ignore coronavirus news to calm markets, on the site US Stock Info 4 years, 9 months ago
Sure,” Mulvaney said as he attempted to assure his audience that the Trump administration was on top of the virus. White House chief of staff Mick Mulvaney on Friday suggested that Americans should ignore media reports about the coronavirus amid fears of the deadly disease spreading into the U.S. “The press was covering their hoax of the day because they thought it would bring down the president,” Mulvaney concluded. Mulvaney said he was asked by a reporter, “What are you going to do today to ca
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cnbc wrote a new post, Cramer suggests young retirement savers put ‘401(k) money to work’ in this week’s market plunge, on the site US Stock Info 4 years, 9 months ago
CNBC’s Jim Cramer said on Friday investors with long-term horizons to retirement should now put money to work in this week’s steep stock market correction. Cramer said he has 401(k) money on the sidelines so he’s going to invest a quarter of it throughout the day Friday. I think that those of us who have waited and waited and waited, we have no choice but to buy something.” “I just got to be automatically putting 401(k) money to work whether I like it or not.” Clearly, airlines won’t work,” Cram
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cnbc wrote a new post, Coronavirus live updates: WHO raises risk assessment to ‘very high’ across world, Mexico confirms first cases, on the site US Stock Info 4 years, 9 months ago
Outside of China, there are 4,351 cases across 48 countries, including 67 deaths as of Friday morning Tedros said. —Lovelace9:50 am: World Health Organization holds press conferenceWorld Health Organization officials are holding a press conference Friday to update the public on the coronavirus outbreak. —Kopecki8:44 am: Mexico confirms first casesMexico’s health secretary confirmed the country’s first two cases of the coronavirus. On Thursday, World Health Organization Director-General Tedros Ad
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cnbc wrote a new post, Tokyo Disneyland to close through mid-March on coronavirus concerns, on the site US Stock Info 4 years, 9 months ago
Both Tokyo Disneyland and DisneySea will be closed after a government recommendation that big gatherings and events be curtailed for two weeks, park operator Oriental Land Co. said. “We plan to reopen on March 16, but we will make an announcement after keeping close contact with relevant institutions,” Oriental Land said on its website, adding that it would inform ticket holders of refund policies. Osaka-based theme park Universal Studios Japan also said it was closing down during the same perio
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cnbc wrote a new post, US mulls using sweeping powers to ramp up production of coronavirus protective gear, on the site US Stock Info 4 years, 9 months ago
The virus first surfaced in China and has since spread to other countries including the United States. U.S. health officials have told Americans to begin preparing for the spread of the virus in the United States. The biggest producers of face masks in the United States include 3M Corp and Honeywell International Inc. The United States currently has only a fraction of that number available for immediate use, Azar testified. A White House official confirmed that the administration was exploring t
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cnbc wrote a new post, Wall Street set for more losses at open, on the site US Stock Info 4 years, 9 months ago
Wall Street set for more losses at openU.S. stock futures pointed to more losses early Friday after the major indexes suffered a tumble that sent them more than 10% below their record highs. CNBC’s Frank Holland reports.
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cnbc wrote a new post, 10-year Treasury yield collapses to another record low of 1.18% amid coronavirus fears, on the site US Stock Info 4 years, 9 months ago
ET, the benchmark rate traded around 1.18%. Friday marked the first time ever the benchmark rate traded below 1.2%. The 10-year yield ended last week at 1.47%. The 10-year U.S. Treasury yield plunged to a fresh record low on Friday as investors dumped riskier assets and searched for safer options amid the coronavirus outbreak. Concerns about the global economic impact of the coronavirus have dented investor sentiment this week.
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
Normally at this time of the morning, there are a handful of S&P 500 stocks trading. Right now, there are 334 S&P 500 stocks trading in the premarket, according to FactSet, and 326 of those are lower. Nasdaq Composite: down 10.6% on the week, also on pace for its worst week since the financial crisis. Friday’s move come as U.S. stock futures pointed to another sell-off in equities. —Imbert6:15 am: U.S. stock futures point to losses at the open, Dow set for more than 400-point drop
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
The spread of the coronavirus outbreak has roiled markets in Asia and elsewhere, and hit supply chains globally. Both multinational and local companies have been affected by the extended shutdown in China, with factories unable to return to full production. Last week, Apple warned that it does not expect to meet its quarterly revenue forecast due to lower iPhone supply globally and lower Chinese demand. That led to a sell-off among Apple suppliers in Asia last week. Amid the turmoil, Credit Suis
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
The coronavirus outbreak is likely to hit China’s economy over the course of two quarters, Stephen Roach said on Friday. “The Chinese economy is flat-lining right now,” said Roach, who is a senior fellow at Yale University. “The impact of unprecedented quarantines and restrictions on travel have brought the Chinese economy right now to a virtual standstill,” Roach told CNBC’s “Squawk Box.” The outbreak of the coronavirus has struck over 82,000 globally, according to the Feb. 27 figures from the
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
The Hong Kong government’s proposed cash handouts to residents could boost the city’s flagging economy by around 1%, the city’s Financial Secretary Paul Chan told CNBC on Friday. Chan, in his budget speech on Wednesday, said the 10,000 Hong Kong dollars ($1,282) handouts is estimated to cost the Hong Kong government around 71 billion Hong Kong dollars. “In Hong Kong, we have been trying very hard to fight this disease. Chan added that all the measures — including earlier rounds of stimulus — cou
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
Three former Barclays executives were acquitted in London on Friday of charges they helped funnel £322 million ($418 million) in secret fees to Qatar in return for rescue financing during the credit crisis. In a sharp blow for the Serious Fraud Office (SFO), a jury cleared Roger Jenkins, Tom Kalaris, and Richard Boath of fraud. The men, aged between 61 and 64, denied any wrongdoing. Qatar, a major investor in Britain and still a significant Barclays shareholder, was neither investigated nor accu
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
These include the devastating North Sea flood of 1953, which affected Scotland, England, Belgium and the Netherlands, claiming almost 2,000 lives in the latter. Globally, rising sea levels could have a significant impact in the years ahead. According to the European Environment Agency, in Europe, “the potential impacts of sea level rise include flooding, coastal erosion and the submergence of flat regions along continental coastlines and on islands.” Nature also has a role to play in how the Net
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cnbc wrote a new post, (no title), on the site US Stock Info 4 years, 9 months ago
The aim of flygskam is to influence individuals to reduce their air travel, thus lowering the carbon emissions released by planes. To be clear, the aviation industry as a whole has also been making significant moves to implement environmentally-sustainable practices. While carbon emissions from aviation accounted for about 2.5% of total global emissions in 2018, they have increased by 32% from 2013 to 2018. Diversification of aviation fuelsAnother way to greener aviation is to diversify fuel typ
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