CNBC news stories on Newser

Buffett Buys $10.7B in IBM

Kevin Spak — Mon, 14 Nov 2011 08:13:37 CST

Warren Buffett typically shies away from tech companies, but not this year. In an interview on CNBC this morning, Buffett revealed that he’s bought $10.7 billion worth of IBM stock since March, a purchase that had been kept confidential in Berkshire Hathaway’s recent filings. The buy gives Berkshire a...

CNBC Anchor Mark Haines Dead at 65

Evann Gastaldo — Wed, 25 May 2011 09:51:23 CDT

CNBC anchor Mark Haines, whom the network calls a “fixture” on the channel, died unexpectedly last night at his home. Haines, 65, was the founding anchor of the financial network’s Squawk Box morning show and also co-anchored Squawk on the Street . "With his searing wit, profound insight, and piercing interview...

On NBC News, Not a Peep About GE Tax Story

Evann Gastaldo — Wed, 30 Mar 2011 11:02:40 CDT

The GE tax avoidance story was kind of a big one—so why wasn't it covered on NBC News when it broke on Friday ... or on Saturday or Sunday or Monday? Critics were quick to point out that GE is NBC's parent company, but representatives insist that had nothing to...

Middle Class Voter to Obama: I'm Still Waiting for Change

Mary Papenfuss — Tue, 21 Sep 2010 00:00:00 CDT

An angry black middle class voter confronted President Obama at a Town Hall meeting yesterday, saying: "I'm still waiting " for change. The woman, at the meeting arranged and broadcast live by CNBC, said she was "exhausted" defending the president, "exhausted defending the mantle of change that I voted for, and...

Yahoo CEO to Tech Blogger: 'F*** Off'

M. Morris — Mon, 24 May 2010 18:50:00 CDT

Yahoo CEO Carol Bartz, never one to mince words, turned up at the TechCrunch Disrupt conference today and wound up telling TechCrunch founder Michael Arrington to "fuck off." The famously potty-mouthed exec didn't like the line of questioning the blogger was pursuing, and she reminded him that he's "involved in...

Why Rupert Murdoch Won't Buy NBC Stake

Evann Gastaldo — Tue, 13 Oct 2009 11:53:00 CDT

Sources tell CNBC Rupert Murdoch wants to add a stake in NBC Universal to his ever-expanding media empire—which could lead to some awkward moments between Bill O’Reilly and Keith Olbermann at the company Christmas party—but it probably won’t happen, writes John Cook on Gawker. Considering the ongoing negotiations...

Obama: Kanye's a 'Jackass'

Will McCahill — Mon, 14 Sep 2009 22:41:42 CDT

President Obama got in on the Kanye West-bashing today, calling the rapper a “jackass” for his interruption of country star Taylor Swift during an MTV awards show Sunday. Obama made the remark in an off-the-record portion of an interview with CNBC, the Huffington Post reports, but that didn’t stop ABC...

Your Guide to Today's Jacko Media Orgy

Evann Gastaldo — Tue, 07 Jul 2009 08:19:26 CDT

Surprisingly, the elephants entering Staples Center this morning aren’t there for the “Michael Jackson Memorial Orgy of Excess”—but for the circus, opening tomorrow. “That seems completely appropriate,” writes Lisa de Moraes for the Washington Post . As for today’s “freak show,” 16 TV outlets are planning live coverage. “Overwhelmed by...

Dean Gets CNBC Gig

Matt Cantor — Mon, 23 Mar 2009 10:30:46 CDT

Former Democratic National Committee chief Howard Dean is set to become a regular CNBC contributor, the Huffington Post reports—but his appointment had nothing to do with current attacks on the business network, an insider said. “This was in the works long before the Jon Stewart stuff,” a source says...