Warren Buffet surprises teen cancer patient live on CNBC
Tre Grinner is 17. He is enrolling in community college in the fall, and wants to be an investment banker. He also has Hodgkin’s Lymphoma.
Grinner got the chance to intern at Goldman Sachs for a week as part of a wish granted by the Make-a-Wish Foundation. He visited CNBC’s World Headquarters today, and got the surprise of a lifetime when he received a phone call from Warren Buffet.
Watch the heartwarming clip here: http://cnb.cx/1nX6u0K
Full-body scanners? Digital shopping carts? Mobile checkout? It’s all included in the retail package of the future.
Innovation is pushing retail into a digital age, with stores adopting new technologies in order to streamline customer experiences. Knowing personal information about shoppers makes it easier to market to each person’s specific needs. Data analytics will play an increasingly significant role in shaping retail strategy.
Even grocery stores will go digital, experts predict, giving customers the ability to walk into a store and purchase products tailored for their personal needs. For example, one intel futurist said, a grocery store would know if someone walked into the store with a nut allergy, and would adjust that person’s food options to exclude nuts.
What do you think of the mall of the future? Would you give up more information in exchange for a better retail experience?
- Illustrations courtesy of George Kavallines-
Truck crashes result in nearly 4,000 fatalities and 104,000 injuries each year.
Only 10% of trucks on the road have active safety technology.
Where is the national outcry?
Eamon Javers reports: http://www.cnbc.com/id/101875063
President Obama just announced that the U.S. will join the European Union in slapping Russia with more sanctions, in response to President Putin’s continued support of Russian separatists and refusal to cooperate with an international investigation of the MH17 plane crash.
New sanctions on energy, arms and finance will be imposed, as well as blocking exports of specific goods, and sanctions on banks and defense. The new sanctions will also make it more difficult for Russia’s oil industry to operate.
"Russia and its proxies in Ukraine have failed to cooperate [and] continued to shoot down Ukrainian aircraft in the region," President Obama said. "Russia continues to support the separatists- and encourage them, train them, and arm them."
He added, “It is not in Ukrainian capacity to out-fight the separatists.”
Russia’s economic growth is already close to zero, and energy and defense sectors in particular are feeling the sting.
"Russia is once again isolating itself from the international community, setting back decades of international progress. And it didn’t have to come to this," Obama said. "This is a choice that Russia, and President Putin in particular, has made."
The sanctions are the EU’s most restrictive since the start of the crisis in Ukraine.
"Today is a reminder that the U.S. means what it says," Obama said. He offered continued condolences to the families of the victims killed in the MH17 tragedy.
What would it take for you to walk away from a corporate job and plunge into the start-up world? How about doing it before the age of 30? Read how four millennial women took this risk and made it work.
STORY HERE: http://cnb.cx/1rsRTYM
If I own stock in your company and you move offshore for tax reasons, I’m selling your stock.
Billionaire investor Mark Cuban isn’t a fan of tax inversions, to say the least.
President Obama sat down with CNBC’s Steve Liesman earlier today for a streamlined discussion on the state of the American economy.
President Obama offered hopeful remarks on the economic recovery, noting improvement in the housing and auto industries as well as lowered dependence on foreign oil. But when Liesman pointed out the continuing struggle of the middle class, Obama agreed. He pointed to the issue of minimum wage; specifically, 28 million Americans who would be helped by a wage increase.
An increasing number of American businesses have moved their companies overseas in order to avoid high corporate tax rates. Obama criticized owners for taking their business abroad, saying these tax inversions are a way of “gaming the system.”
Lowering corporate tax rates are on his agenda, he said, but he blamed Congress for stalling these efforts.
“We have put forward very specific proposals,” Obama said. “The reason it’s not getting done right now is that Congress- you may have noticed- right now is not real productive.”
Marginal tax rates today are lower than rates under previous administrations, he added. But for the richest Americans, Obama said, loopholes still need to be closed.
“If you’re paying 15 percent on that billion dollars, when your secretary is paying 23 percent, that’s not fair.”
Watch the full interview: http://cnb.cx/1nF1Q7r