During an appearance on CNN’s Reliable Sources Sunday, disgraced CBS Evening News anchor Dan Rather did his best to excuse the criticism of CNBC’s Republican presidential debate and instead chose to blame Republicans for fueling such hatred towards the press. While Rather briefly admitted that CNBC “didn’t do it perfectly” the liberal journalist quickly blamed the GOP presidential candidates whose “constituency loves attacks on the press. So the moderators open themselves to some criticism.”
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By Jeffrey Meyer | October 29, 2015 | 11:56 AM EDT
Following Wednesday’s CNBC Republican presidential debate, View co-host Whoopi Goldberg defended the network from criticism and told the GOPers on stage to “grow some nuts” rather than complain about a lack of substantive questions. After Goldberg initially asked “who answered one substantive question” last night before she lectured the Republicans who complained about the biased moderators: “So grow some nuts. If you're going to be the president, you're going to have to answer these questions at some point. I don't understand.”
By Jeffrey Meyer | October 29, 2015 | 11:36 AM EDT
During an appearance on Fox & Friends Thursday morning, Senator Marco Rubio slammed CNBC’s Republican presidential debate, specifically the moderators who “can't wait for their chance to show off in front of their buddies by asking some question they think is going to embarrass, especially Republicans.”
By Michael Greibrok | October 14, 2015 | 2:55 PM EDT
Recent rulemaking by the EPA, if found to be constitutional, will regulate levels of carbon dioxide produced by power plants in each state.
However, CNBC Squawk Box co-anchor Joe Kernen reminded viewers of carbon dioxide’s popularity in an Oct. 9, discussion with the CEO of SodaStream.
By Michael Greibrok | October 13, 2015 | 3:54 PM EDT
Although there is not an openly avowed socialist in the White House yet, one banking expert told CNBC “we’re well on the road to socialism.”
Richard Bove, vice president of equity research with Rafferty Capital, did not mince words on CNBC’s Squawk Box Oct. 12, and he criticized government meddling in the banking system.
By Michael Greibrok | October 6, 2015 | 4:28 PM EDT
Squawk Box co-host Joe Kernen lit into writers at The Huffington Post Tuesday morning for their poor understanding of basic economics..
While The Huffington Post celebrated a record low in global poverty, it also decried the Trans-Pacific Partnership, proving to CNBC’s Kernen that the site’s staff have no idea what they write about.
By Michael Greibrok | October 2, 2015 | 1:52 PM EDT
The September jobs report turned out to be a disappointment with fewer than anticipated jobs gains and labor force participation at its lowest rate since October of 1977.
CNBC’s Squawk Box discussion of the disappointing report quickly turned to Federal Reserve policy and whether it vindicated the Fed’s decision not to raise rates, or just proved they missed their chance to do so.
By Michael Greibrok | September 23, 2015 | 2:25 PM EDT
The left is up in arms over the pharmaceutical CEO who raised prices for a drug mostly used by AIDS patients by more than 5,000 percent, but experts CNBC interviewed said regulatory barriers helped make it possible.
Founder and CEO of Turing Pharmaceutical, Martin Shkreli bought the generic drug Daraprim, which is used for parasitic infections in pregnant women and immunocompromised individuals. He hiked its cost from $13.50 a pill to $750, a whopping 5,455 percent.
By Michael Greibrok | September 15, 2015 | 3:23 PM EDT
Businessman and reality TV star, Mark Cuban, seems to be jealous of the attention Donald Trump has received while campaigning for the GOP presidential nomination. In an email exchange with CNBC, Cuban discussed how presidential campaigning has changed and how he would structure his own campaign.
When he was asked whether he would run for president, he responded: “I get asked every day. It's a fun idea to toss around. If I ran as a Dem, I know I could beat Hillary Clinton. And if it was me vs. Trump, I would crush him. No doubt about it."
By Michael Greibrok | September 11, 2015 | 5:06 PM EDT
This morning, on CNBC’s Squawk Box, Canadian Pacific CEO Hunter Harrison urged the government to stay out of the railroad industry and allow businesses to upgrade the infrastructure and manage the system themselves.
Harrison also called into question the railroad’s common carrier obligation, which forces railroads to haul goods, even if it is not profitable. His comments also fly in the face of the media’s ongoing push to spend billions on infrastructure. Whenever there are bridge problems, train crashes and more, journalists push hard to spend.
By Michael Greibrok | September 10, 2015 | 12:28 PM EDT
You know there’s a problem when a former CEO of a major American company says American CEOs are probably closer to the Chinese premier than they are to President Obama.
This morning on CNBC’s Squawk Box, the hosts and guest were discussing the upcoming visit by Chinese Premier Li Keqiang to meet with President Obama and a number of American CEOs. They were explaining how there may be mixed messages and difficulties with the premier meeting with the president, and then business executives.
By Joseph Rossell | July 7, 2015 | 12:02 PM EDT
Coffee prices are falling, but liberal Starbucks CEO Howard Schultz has decided to raise its prices anyway. CNBC’s Squawk Box co-host Joe Kernen called Schultz out on July 7, saying Schultz was trying “to pad his profits.”
Kernen argued it was unfair to criticize airlines for failing to pass savings along to consumers when oil prices fell, but not criticize Starbucks for raising its prices even as the cost of coffee dropped.