Search This Blog

Tuesday, November 29, 2016

CNBC Squawk Box with Belvedere, Schacknow and DiChristopher


CONTRIBUTORS

Senior Producer
@Matt_Belvedere
Senior Producer
@peterschack
Web and TV producer

=============


WATERCOOLER

"Hamilton" shot to an unprecedented gross of $3.3 million in the week ended Sunday, with the top ticket price hitting nearly $1,000 and the average paid admission reaching just over $303. (WSJ)

Shoppers finally got their hands on Nike's (NKE) self-lacing, "Back to the Future Part II"-inspired sneakers after they went on sale in the U.S. on Mondayretailing for $720 a pair. (CNBC)

STOCKS & OIL

U.S. stock futures were higher, indicating a possible return of the Trump rally after Monday's pause. With two days left in November, the Dow and S&P 500 were on pace to break a three-month losing streak, and post their best month since March. (CNBC) 

Oil was slumping this morning, as Monday's euphoria faded on signs that leading oil exporters were struggling to agree on a production cut deal. OPEC meets in Vienna tomorrow. Russia is reportedly skipping the meeting but would consider a deal. (Reuters)

IN THE NEWS

AT&T (T) is launching its over-the-top DirecTV Now streaming television service tomorrow, with introductory price of $35 per month for all 100-plus channels. After the promotion, prices range from $35 for 60 channels to $70 for more than 120 channels. (NY Times)

AT&T's mobile subscribers will be able to stream DirecTV Now service without using their data, a strategy that could raise concerns among regulators about the telecom giant's proposed $85 billion acquisition of media powerhouse Time Warner (TWX). (The Verge)

Taylor Swift is launching a channel soon on DirecTV Now, DirecTV satellite television, and AT&T's U-Verse fiberoptic service. Taylor Swift Now will include original content. It will also offer portions at a later date of her upcoming Super Bowl eve concert. (USA Today)

U.S. online sales gained momentum on Cyber Monday and are set to surpass initial expectations by hitting a record $3.39 billion, as consumers snapped up deals on the busiest day of the year for internet shopping. (Reuters)

Embattled Samsung said today it would increase dividends and consider splitting up, as the South Korean tech giant faces possibly the biggest structural change in its 47-year history, under pressure from activist investor Elliott Management. (Reuters)

Citigroup (C) was sued by former financial adviser Erin Daly, who accused the bank of running a "boys club," and treating her as a "glorified secretary" before firing her in retaliation for whistleblowing. (Reuters)

Massachusetts next year will require ride service companies including Uber and Lyft to perform the strictest background checks in the U.S. on all their drivers, according to a deal reached with the companies. (Reuters)

Rupert Murdoch was among the investors who piled into blood-testing startup Theranos, which has since come under regulatory scrutiny over the accuracy of its pinprick tests. (WSJ)

Five people survived and 76 others were killed when a plane carrying a Brazilian professional soccer team crashed in Colombia last night. Poor weather conditions had been reported at the time of the crash. (NBC News)

Abdul Razak Ali Artan, an Ohio State student who posted an anti-American rant shortly before he plowed a car into a campus crowd and stabbed people with a butcher knife, was shot and killed by police. (NBC News)


No comments:

Post a Comment

Note: Only a member of this blog may post a comment.