Domain: cnbc.com
Stories and comments across the archive that link to cnbc.com.
Comments · 993
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Re:6%+ growth might seem slow to themYour anecdote about 1 company in 1 city sure beats all the growth stories everywhere else. I'm convinced. Though why now, and not 1 year ago, or 2 or 3 or 4 or 5? Did you predict the end of the world all those other times too? What do you specifically think is different now? https://www.cnbc.com/2019/04/0... Things seem to be improving, even in manufacturing.
Retail sales for March grew by 8.7 percent year-on-year, beating Reuters’ projection of 8.4 percent.
Other sectors are doing even better.
The trade deficit is not domestic China GDP.
No it's not. But all those things had to be made before they could be exported. And it's not the kind of number they can easily fake.
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a little too much freedom in 'real China'https://www.cnbc.com/2019/04/1...
The chairman of Foxconn, a major Apple manufacturer, said Wednesday that a sea goddess has told him to run for Taiwan’s presidency, according to multiple media reports.
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Re:6%+ growth might seem slow to themhttps://www.cnbc.com/2019/04/1...
China’s March trade surplus with the U.S. — a politically sensitive measure given the ongoing trade war between Washington and Beijing -- came in at $20.5 billion. That represented a wider margin than the $14.72 billion in February.
You want to wait until the US numbers confirm the worsening US trade balance, or just admit you are full of shit now?
You are still claiming those numbers are made up right? And that GDP growth is negative. -
Re:Wow. So Hillary is the entire DoD???
It's really cute that some people think that you can publish Secret documents from any nation
Meanwhile, Slashdotlawyers should probably read this https://www.cnbc.com/2018/11/1...
Better call the DOJ to let them know that they can't do that.
People like you can't read between the lines, you can't hold a corrupt government accountable when they can make they can classify their corruption and bad behavior as state secrets.
I love getting you true cowards spun up. Seems your hero Assange is out of a job, so why don't you troll around for traitors and take up his recently vacated position.
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Re:Wow. So Hillary is the entire DoD???
It's really cute that some people think that you can publish Secret documents from any nation
Meanwhile, Slashdotlawyers should probably read this https://www.cnbc.com/2018/11/1...
Better call the DOJ to let them know that they can't do that.
People like you can't read between the lines, you can't hold a corrupt government accountable when they can make they can classify their corruption and bad behavior as state secrets. So while you are sitting their in a pile of your own festering stupidity unable to see through the lies of the corporate state, people with a brain know how corruption actually works. When corrupt people are writing the laws and making the policies, of course you're going to be "breaking the law" that's how corruption works idiot. The laws are corrupt themselves and can be made to mean anything depending on "who's guys" are interpreting them.
If in doubt just look at what has happened to the public domain in intellectual property law in the united states. It's been totally destroyed.
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Re:Wow. So Hillary is the entire DoD???
As to Assange, he cannot be held criminally liable for any of the classified data leaked to Wikileaks and published by him on the site. He never agreed to protect the information from release. The traitors that released it, Bradley Manning and Edward Snowden are the ones facing criminal charges, as they both signed lawful contracts to protect the secrets of this nation.
It's cute that people still think the US intelligence apparatus follow any sort of rules or laws.
It's really cute that some people think that you can publish Secret documents from any nation and be revered as some sort of untouchable saint, completely above the laws of earth. People have enjoyed polonium cocktails for less.
Meanwhile, Slashdotlawyers should probably read this https://www.cnbc.com/2018/11/1...
Better call the DOJ to let them know that they can't do that.
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Discovery Networks Owner Helped Start OWN
One person primarily benefits from this all: David Zaslav, the CEO of the Discovery networks.
https://www.cnbc.com/2017/08/1...
Oh, he helped Oprah start OWN, and Discovery has a majority stake in OWN at this point (so he OWNs it as well):
https://www.cnbc.com/2017/12/0...
I have YouTube TV and like it. I'm not sure what the alternatives are around this price point and feature set (DVR and on-demand are well implemented). These new channels are not compelling, but more repelling.
This is why we can't have nice things...
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Discovery Networks Owner Helped Start OWN
One person primarily benefits from this all: David Zaslav, the CEO of the Discovery networks.
https://www.cnbc.com/2017/08/1...
Oh, he helped Oprah start OWN, and Discovery has a majority stake in OWN at this point (so he OWNs it as well):
https://www.cnbc.com/2017/12/0...
I have YouTube TV and like it. I'm not sure what the alternatives are around this price point and feature set (DVR and on-demand are well implemented). These new channels are not compelling, but more repelling.
This is why we can't have nice things...
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Re:Opportunity for hardware development elsewhere
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You're an idiot WindBourne
Non-state companies make up more than 80 percent of employment in urban areas and over 70 percent of GDP, they said.
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Curious that this is news in /.
...when it could be highlighting that US Jobless claims have hit a low not seen since 1969
https://www.cnbc.com/2019/04/0...I guess it depends which side of the political fence you are, which "truth" you believe is representative?
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Re: Peculiar news
https://www.cnbc.com/2019/04/0...
March alone added 196k jobs.
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Re:Biggest lawsuit ever
It's pretty much a given Boeing will to lose this one big, and pay big. But that cost will be small compared to the customer defections, which have already started.
It's beyond me why anybody would think it's a good idea buy an obsolete deathtrap 737 in the first place.
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Re:What could go wrong?
Toyota is handling the braking controls. Ford is working on automatic rollover prevention. GM is developing a new system to replace ignition controls. What could go wrong?
Also:
- Toyota is handling the accelerator pedal.
- GM is developing the steering.
- Ford is developing the fuel tank and the rear bumper.
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Re: repeat after me...
27 days paid? You're clearly not the norm in the US.
https://www.thebalancecareers....
https://www.cnbc.com/2018/07/0...https://en.wikipedia.org/wiki/...
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Re:Zuckerberg is a Tool
Maybe he should check from the original Facebook authors he stole the code from maybe they have ideas he cant seem to come up with.
Had they not been holding a justifiable grudge against their Machiavellian business partner, I'm pretty sure The Monozygotic Rowers would've likely recommended converting a few of his 2013 $billions into the Bitcoin Ponzi scheme.
In April 2013, the Winklevoss twins together held $11 million in bitcoin priced at $120 a coin. That holding grew to be worth more than $1 billion in December 2017 as the price of one coin surpassed $11,700.
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Re:I got news for them...
The problem with youth is you don't know how ignorant you are. But that's ok. Age isn't a choice. It will happen. The only other alternative is that you will die young. Enjoy the ride.
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Re: Seek help for emotional stress you will fact
Oh, and the ONLY thing that all the Democrats are hanging on for obstruction is the firing of Comey. That same James Comey who unequivocally stated that President Trump had full authority to fire him. There was no obstruction - per the very man who's firing was supposedly the obstruction!
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Doesn't matter.
The real issue is Hillary Clinton and her emails and the server and Bangazi!
Ans then the emails of the Democrats leeked by Assange!
This is just fake news! how can the libs keep harping on this nonsense!
This is just to stop the wall from being built. All them illegal immagrints are cumming in a raping and pilaging and getting wellfair and free shit! Their selling drugs too! Why my farmasist is a Mexican! I gots my blood pressure medicine filled by a spanish guy so its true! Illegal alians are selling drugs here!
The wall with stop that!!
All these people strung out on opiods made by these compaines. The wall will stop it!!Make Amerika Grate Again!
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Re: A corporation cutting corners...
I know how:
I worked on huge dynamos at Texaco, Port Arthur, Texas. Those bastards were steam-driven and provided electricity that powered the entire plant.
There were eight of them.
Our biggest fear was that they would disintegrate when failures of any part happened. For that reason, we had two vibration sensors mounted on each one, feeding a vibration analyzer.
The relevance to TFA is that when one sensor indicated excessive vibration, a warning ensued, but the turbine did not shut down.
It was a "double-vote yes" system. BOTH vibration sensors had to agree that the machine was vibrating over a preset limit.
--
In the case of the two attack blades, the same simple technique applies:
As long as both blades agree, we're good to go. When one blade goes wonky, it's a simple goddam motherfucking task to have a "disagree," light, and furthermore, it's simple shit to alert the pilots and announce that the angle of attack system is going to stop giving input, so "hold on to the seat of your pants," because we're going off autopilot (which is the recommended response).
One day before the deadly crash of a Lion Air flight on Oct. 29 last year, pilots flying that Boeing 737 Max 8 plane lost control of the aircraft, Bloomberg reported.
An off-duty pilot riding in the cockpit helped the crew identify the problem and guided them to disable the flight control system in order to save the plane, according to the report. -
5g sucks..
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Re:So, pilot error?
Yep, apparently this is now headed to a federal grand jury and the FBI is looking into Boeing's actions too.
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Other companies under Chinese ownership
Since the biggest objection to using Opera's VPN service seems due the company's ownership from a Chinese corporation, it might interest Slashdotters to know what companies here in the US are owned by the Chinese.
https://www.cnbc.com/2017/05/11/10-iconic-american-companies-owned-by-chinese-investors.html
1.Chicago Stock Exchange (the Chinese know your financial information)
2. AMC Theater Chain (the Chinese know what movies you see)
3. Smithfield Foods (the Chinese know what foods you eat)
4. Legacy Entertainment Group (the Chinese control movies you watch)
5. GE Appliances (the Chinese what appliances are in your kitchen)
6. the Waldorf Astoria Hotel (the Chinese know who checked in with you)
7. More hotels like Ritz-Carltons in Cali, Four Seasons in Wyoming, Fairmonts in Arizona
8. Riot Games and stakes in Activison-Blizzard, Epic. (the Chinese know what vidya you play)
9. Ingram Micro (the Chinese know what tech you're purchasing for your company)
10. Motorola Mobility (the Chinese know what smartphone you have)These are just 10 out of the many more that the Chinese have investment stakes in. And that's just the Chinese. Other foreign companies have large or majority stakes in American companies also. Hell, the second largest shareholder of Twitter is a Saudi prince. Don't think that has any influence on Twitter operations? Right.
Welcome to the global economy. Get over it.
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Re:I'd rather get a Rivian for the same price
It is an SUV not a hatchback. Even Teslarati proclaims it an SUV. And it's curved roof and door compromise it's role as an SUV. Apparently, based on your statement, because of battery constraints. So better to make it a poor SUV, than come out with something that does 225 miles - but has a usable interior (in terms of square shape). Better to do a BMW X6-style body that is universally derided as useless - poor for a car, and unusable as an SUV.
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Google is poorly managed?
"Google
... can't be bothered to check apps for malware..."
To me, that seems evidence that Google is very poorly managed. Android became the foundation of a HUGE amount of abuse. Why? Doesn't anyone at Google realize the company is self-destructive?
Today: Google faces third EU antitrust fine next week. (Mar. 15, 2019)
Last year: EU fines Google $5 billion over Android antitrust abuse. (July 18, 2018) -
Re:The Truth:
The TRUTH is, Spotify is ruining music in many ways by paying fractions of pennies in royalties. Some artists with millions of song plays have received on $80 for a year of royalties.
I wonder how much their publisher received though. I bet it was a lot more than $80.
Spotify pays $0.006 to $0.0084 per stream to the holder of music rights. That works out to $6000 to $8400 in royalty payments per million song plays. If the artist is only getting $80 for a song that's listened to millions of times in a year, their publisher is the one screwing them over. The publisher is keeping more than 99% of the royalty payments, passing on less than 1% to the artist.
(Sanity check: Spotify averaged 1.7 billion listening hours per month in 2015. At 3.5 minutes per song, that's 29 billion song plays per month, or 350 billion song plays per year. At the above royalty rates, they'd be paying about $2-$3 billion in royalties per year. And indeed that's about how much they pay in royalties - $3.9 billion in 2018. So yes, it is in fact the record labels who are screwing the artists over, not Spotify.) -
To be fair "Russia-Gate" is still going on
the Mueller investigation continues apace with multiple convictions and indictments. It's even profitable. And China-Gate is just getting started.
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Re:Wrong.
I'm betting on the latter, personally.
I'm betting one of the choices you left out: not enough profit means the business will close
Sears went out of business because their customers were the middle class - which is rapidly disappearing in the US. JC Penny is in the same boat. Sears got big because of all those high paying UNION manufacturing jobs during the most economic vibrant and highest taxed time in US history.
And what none of the arm-chair economists here don't know is that housing has become too expensive for many many people. On average, one needs to make $38,000 per year just to have a place to live in most place in the USA - it's over six figures in the SF Bay Area and NYC.
And the arm-chair economists don't know is that those shit jobs don't have healthcare. Nor could the workers afford it from the exchanges - especially if they live in some shit Republican controlled state that didn't expand Medicaid because - Obama!.
Healthcare is now a luxury in the USA - just like some shithole third World country.It's easy to pontificate about wages when one has a cushy overpaid STEM job that, for now, is in high demand.
I'm solidly middle class and never shopped at Sears because their prices are too high. Much lower cost options around for similar quality products.
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Re:Wrong.
I'm betting on the latter, personally.
I'm betting one of the choices you left out: not enough profit means the business will close
Sears went out of business because their customers were the middle class - which is rapidly disappearing in the US. JC Penny is in the same boat. Sears got big because of all those high paying UNION manufacturing jobs during the most economic vibrant and highest taxed time in US history.
And what none of the arm-chair economists here don't know is that housing has become too expensive for many many people. On average, one needs to make $38,000 per year just to have a place to live in most place in the USA - it's over six figures in the SF Bay Area and NYC.
And the arm-chair economists don't know is that those shit jobs don't have healthcare. Nor could the workers afford it from the exchanges - especially if they live in some shit Republican controlled state that didn't expand Medicaid because - Obama!.
Healthcare is now a luxury in the USA - just like some shithole third World country.It's easy to pontificate about wages when one has a cushy overpaid STEM job that, for now, is in high demand.
I'm solidly middle class and never shopped at Sears because their prices are too high. Much lower cost options around for similar quality products.
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Wrong.
I'm betting on the latter, personally.
I'm betting one of the choices you left out: not enough profit means the business will close
Sears went out of business because their customers were the middle class - which is rapidly disappearing in the US. JC Penny is in the same boat. Sears got big because of all those high paying UNION manufacturing jobs during the most economic vibrant and highest taxed time in US history.
And what none of the arm-chair economists here don't know is that housing has become too expensive for many many people. On average, one needs to make $38,000 per year just to have a place to live in most place in the USA - it's over six figures in the SF Bay Area and NYC.
And the arm-chair economists don't know is that those shit jobs don't have healthcare. Nor could the workers afford it from the exchanges - especially if they live in some shit Republican controlled state that didn't expand Medicaid because - Obama!.
Healthcare is now a luxury in the USA - just like some shithole third World country.It's easy to pontificate about wages when one has a cushy overpaid STEM job that, for now, is in high demand.
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Wrong.
I'm betting on the latter, personally.
I'm betting one of the choices you left out: not enough profit means the business will close
Sears went out of business because their customers were the middle class - which is rapidly disappearing in the US. JC Penny is in the same boat. Sears got big because of all those high paying UNION manufacturing jobs during the most economic vibrant and highest taxed time in US history.
And what none of the arm-chair economists here don't know is that housing has become too expensive for many many people. On average, one needs to make $38,000 per year just to have a place to live in most place in the USA - it's over six figures in the SF Bay Area and NYC.
And the arm-chair economists don't know is that those shit jobs don't have healthcare. Nor could the workers afford it from the exchanges - especially if they live in some shit Republican controlled state that didn't expand Medicaid because - Obama!.
Healthcare is now a luxury in the USA - just like some shithole third World country.It's easy to pontificate about wages when one has a cushy overpaid STEM job that, for now, is in high demand.
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Re:When are the behemoths going to learn?
I'm betting on the latter, personally.
I'm betting one of the choices you left out: not enough profit means the business will close
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Re:When are the behemoths going to learn?
I'm betting on the latter, personally.
I'm betting one of the choices you left out: not enough profit means the business will close
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Re:Munbo-jumbo financial BS for maths majors
.CNBC is reporting that "US households see biggest decline in net worth since the financial crisis"
https://www.cnbc.com/2019/03/0...
The fall amounted to a drop of 3.4 percent.And the Beeb yesterday reported that the US trade deficit is highest now than in the past 10 years.
Wonder why CNN, CNBC, Fox, et al did not report this, at least not in the front page. Probably buried way back, behind the obits and the "buy turnips" ads.
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America makes this instead
https://www.cnbc.com/2019/02/2... “The Federal Reserve and Treasury make 99 dollars for every $100 dollar bill they print and sell offshore,” Colas said. “There’s a natural desire to keep printing these things — the U.S. government makes a lot of money selling them.”
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Budgeting for the future
This is because they budget for the acquisition of the equipment and software but somehow it never occurs to anyone to budget for future improvements and upgrades to keep the technology modern on an ongoing basis. So they end up with systems that work as originally designed but fail to keep pace with improvement in technology. There are a lot of these sorts of systems in the military. The military to this day still uses 8" floppy disks which have been obsolete technology for 40 years. My car is a pickup truck but my state's outdated registration system lists it as a station wagon because it relies on old and hard to fix technology and that was the best it could do.
Now you'll hear some idiots saying "ain't broke don't fix it" which is is a poor argument for technology that clearly so far behind the state of the art. While it might still do its original task as designed, it no longer does so efficiently nor can it take advantage of improvements in the state of the art. It also ends up depending on hardware that often cannot be easily replaced should it fail. It also becomes hard/expensive to train people to use/fix/maintain it. Databases (and the people depending on them) routinely benefit from being able to efficiently talk to one another and systems that haven't been updated in 30 years tend to be remarkably bad at doing this.
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Re:Fake News
So Ford just recalled 1.8 million vehicles which nearly equals their annual production of 1.9 million vehicles. Holy shit! Can you imagine the bad press that would ensue if Tesla had to do that? But with Ford, hardly anyone blinks an eye.
https://www.cnbc.com/2018/03/2... (Tesla recalls 123k cars).
There wasn't much bad press when it occurred at Tesla. At the time of that article, Tesla's annual production was about 125k.
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Details
Tesla still has a long way to go, but when Ford recalls nearly 2 million vehicles.... I dunno...I guess when Ford recalls 2 million vehicles I'm glad I drive a Chrysler.
You are aware that Chrysler is generally at or near the bottom of the quality rankings and that they have numerous huge recalls of their own... right?
So Ford just recalled 1.8 million vehicles which nearly equals their annual production of 1.9 million vehicles.
Umm... You might want to check your figures. Ford sells more than that in the US alone each year with global production around 6 million per year.
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Breaking news links
Condolences to those who knew the pilots. Fortunately no victims on the ground.
Its too soon to say what caused this tragedy. Weather? Package? Other?
Whatever it was, the plane appears to have suddenly gone from a mile high to ground impact in about 10 seconds.
https://www.flightradar24.com/...
https://www.cnbc.com/2019/02/2...
https://www.washingtonpost.com...
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Re:David
It's a bit funny to me that people still think the Democrats want to take poeple's guns. How long have we been hearing this? And yet, it hasn't happened, even when they controlled both houses and the Presidency.
It's funny when their leader says things like this:
https://www.cnbc.com/2019/02/1...
The Dems have the same problem with gun control that the Reps have with immigration. A majority of each party wants to take action on their respective issue, but, not having a unanimous consensus, they can't take action without help from the other. Controlling the houses of Congress and the Presidency is not enough. You have to have enough control to shove the bill through. Dems were able to do that with their takeover of the healthcare system, but they didn't have enough of a consensus in their own party to do that with guns.
Can you please post the quote from that article where Pelosi calls for taking people's guns? Because, you know, that was my point; that Democrats talk about gun control, but have not taken people's guns, even when they controlled both houses and the presdency. It seems to me like she is talking about declaring a national emergency about the gun violence endemic in this country. That's it. She doesn't say what actions should or would be taken. But again, gun regulation is in the 2nd Amendment. It's literally the first three words. So I'm not sure why there is so much controversy.
Great username, by the way.
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Re:"catering to surging populism"https://www.cnbc.com/2018/12/1...
"A number of financial institutions, including JP Morgan, Bank of America, Wells Fargo and international banks, were all judged guilty and paid enormous fines for violating sanctions in the last several years," Roach told CNBC's Eunice Yoon on Friday. "None of their executives, of course, went to jail — why is Huawei being singled out for the sanctions violations?"
Because it's only bad when other countries do it...
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Re:Truce?When was a Truce negotiated?2015.
There wasn't one.
There certainly was one. Maybe no one followed it, but it clearly existed. I can find dozens of articles from 2015 about it.
Crowdstrike is the group that handled the DNC server investigation when the FBI was not allowed to look.
Non sequitur.
The propaganda machine is in full swing.
Yours is?
The hits on our servers are still consistently coming from China and there has been no slow down.
Yup.
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Re:David
It's a bit funny to me that people still think the Democrats want to take poeple's guns. How long have we been hearing this? And yet, it hasn't happened, even when they controlled both houses and the Presidency.
It's funny when their leader says things like this:
https://www.cnbc.com/2019/02/1...
The Dems have the same problem with gun control that the Reps have with immigration. A majority of each party wants to take action on their respective issue, but, not having a unanimous consensus, they can't take action without help from the other. Controlling the houses of Congress and the Presidency is not enough. You have to have enough control to shove the bill through. Dems were able to do that with their takeover of the healthcare system, but they didn't have enough of a consensus in their own party to do that with guns.
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Re:Sad that others went as well
It didn't have shit to do with stories or where to go with the series, its the fact that Disney is starting their own streaming service and removing all Disney and Marvel content from Netflix so they would be giving money to the company trying to put them out of business.
I do have to say thank you to all the corps though, as its pretty obvious piracy is gonna make a HUGE comeback thanks to the asshat corps wanting ALL of the money or none of the money making watching legal content a giant clusterfuck and as someone who thinks copyrights have been pushed waaaay beyond original intent? I'm all for the masses giving as little money to these assholes as possible.
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Re:The world is not perfect
>"there absolutely is an ethical responsibility to avoid purchasing products made in China, just as there is with Israel."
Did you just compare the human rights/freedom situation in China to the free/democratic ISRAEL?? Seriously?
https://object.cato.org/sites/... (USA 17, Israel 49, China 135)
https://www.heritage.org/index... (ISA 12, Israel 27, China 100)
https://en.wikipedia.org/wiki/... (Israel #1 in middle east)
https://www.cnbc.com/2017/03/2... (Israel #10 of happiest people on earth. USA #14. China- not even on list.)
https://www.jewishvirtuallibra...
I remember once a discussion on the American civil war and I made the comment that as much as I disagreed with the Southern position many things; I agree on the right of people deciding who rules them, so if the majority of people South wanted independence they had the right to Independence.
Someone quickly pointed out my obvious mistake, that the black slaves didn't get a say, and would not have been in favour of splitting from the North. They were ABSOLUTELY right, and the fact that they didn't get a say completely invalidated the South's call for independence.
I think your promoting of Israel as "10th happiest nation", etc is making the exact same mistake. You're completely ignoring all the people living in apartheid in Palestine, you're completely ignoring the daily human rights abuses against the Palestinians, etc.
The European Jews living in Israel may be having a grand time and enjoying all sorts of rights, but the original inhabitants of that land are not having such a great time. Millions live in poverty and apartheid in Israel. Their voice deserves to be represented; just like the blacks in the Southern US deserved to be represented. The same human rights mistakes that happened with the colonization of the Americas and South Africa are happening today with the colonization of Israel and Palestine.
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Re:The world is not perfect
>"there absolutely is an ethical responsibility to avoid purchasing products made in China, just as there is with Israel."
Did you just compare the human rights/freedom situation in China to the free/democratic ISRAEL?? Seriously?
https://object.cato.org/sites/... (USA 17, Israel 49, China 135)
https://www.heritage.org/index... (ISA 12, Israel 27, China 100)
https://en.wikipedia.org/wiki/... (Israel #1 in middle east)
https://www.cnbc.com/2017/03/2... (Israel #10 of happiest people on earth. USA #14. China- not even on list.)
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Re:I'll wait on the Chinese
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Amazon appears to be a poorly-managed company.
Amazon appears to me to be a poorly-managed company. Every Amazon web page has the distractions of Amazon trying to sell something else besides the product that interests you.
Jeff Bezos, CEO of Amazon, seems to have a poorly-managed life. He was having sex with a woman besides his wife. Now his wife gets half of his money, more than $65 billion.
Knowing the sloppiness around Jeff Bezos, would you go into sub-orbital space with Blue Origins, risking your life to be a tourist?
How will Jeff Bezos losing half his money affect Amazon? ... this is going to change the ownership in Amazon. -
Re:So if I understand this correctly...
I dunno -- how many people are so rich that it's not worth cashing the check, and yet aren't that happy?
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Re:No Apple doesn't
Source: Apple's cash pile hits $285.1 billion, a record.
Yes I realized from the get-go that it is not all in a single passbook savings at Wells Fargo at 0.82% interest. All the same the assertion that Apple "can't afford" something is just amazing.