Pictures Tell the Story: NBC Overhyped Anti-Trump Protest Numbers
September 16th, 2015 10:09 AM
The number of protesters present at GOP presidential candidate Donald Trump's speech yesterday on board the USS Iowa is in dispute. Those who are claiming that there were "hundreds" of protesters are, from all appearances, greatly exaggerating their numbers. The Associated Press has been known in the past to overestimate leftist protesters' turnout at such events. AP reporter Steve Peoples was…
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Cuban on Trump: ‘I Would Crush Him’
September 15th, 2015 3:23 PM
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…
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Railroad CEO: ‘We Don’t Need Government in Our Business’
September 11th, 2015 5:06 PM
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…
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Former CEO Shocker: No ‘Connection’ Between President and CEOs
September 10th, 2015 12:28 PM
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…
Apple Gets Kid-Glove Treatment After CEO Emails CNBC's Jim Cramer
August 25th, 2015 1:01 PM
It doesn't seem likely that an oil company CEO would get the benefit of the doubt Apple CEO Tim Cook received from the press yesterday after he emailed well-known financial commentator and investment adviser Jim Cramer about his company's performance in China.
In an email read over the air on CNBC, Cook reported that "we have continued to experience strong growth for our business in China…
Crickets: Fed Official Finds No Evidence That QE Accomplished Anything
August 20th, 2015 10:26 AM
Imagine if, in 1987, a Federal Reserve official could have pointed to a poorly performing economy and said, "Gee, this supply-side economics hasn't worked out very well." The press would surely have treated the story as a front-page item and ensured that it got air time on the Big Three networks' then-dominant nightly news broadcasts. Of course, there was no such credible report, because the…
Reporter: Prove Hillary's Classified Emails Caused 'Security Harm'
July 26th, 2015 10:00 AM
Veteran journalist John Harwood, according to his Twitter home page, covers "Washington and national politics for CNBC and the New York Times."
Saturday morning, despite all of his experience, Harwood tweeted a question (HT Twitchy) so naive that a freshman journalism student would have been embarrassed to ask it:
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CNBC Host: Starbucks CEO 'Preachy,' 'Sanctimonious,' 'Self-Righteous'
July 7th, 2015 12:02 PM
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…
CNBC Baffled by Communist Logic in Greece
June 30th, 2015 2:05 PM
Yes, there are still communists in Greece, and many support the possible Greek exit (or “Grexit”) from the eurozone.
CNBC’s chief international correspondent Michelle Caruso-Cabrera said on June 30 she “found it hard to believe” there were still communists in Greece, then played an interview with one of “many” communist protesters at an anti-euro rally. She challenged the protester to explain…
Far More Are Delaying Major Life Events; NY Times Not Asking Why
June 26th, 2015 8:40 PM
There may no better illustration of how much harm the economy has inflicted on the American people during the Obama era than a March 2015 Harris survey commissioned by American Institute of Certified Public Accountants. The AICPA's Thursday press release reported that "a majority of American adults (51 percent) have delayed at least one important life decision in the last year due to financial…
Media Fail: Weak First Qtr. Economies Have Been a Democrat Phenomenon
June 8th, 2015 11:13 AM
The business press has gotten really excited about the possibility — some of them are even treating it as a probability — that the first-quarter's recently reported annualized economic contraction of 0.7 percent will go positive if it gets revised for so-called "residual seasonality."
"Residual seasonality" is "the manifestation of seasonal patterns in data that have already been seasonally…
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‘They Hate Texas,’ CNBC Contributor Says of New York Times
June 4th, 2015 11:34 AM
The New York Times is just “one big sort of op-ed” that hates Texas, according to CNBC.
Hosts of CNBC’s Squawk Box discussed a New York Times article critical of Texas economy with former Former Dallas Federal Reserve President and current CNBC contributor Richard Fisher on June 4.
CNBC Correspondent Chock Full of Snark About a Hillary Press Briefing
May 29th, 2015 7:06 PM
As we have seen many times in the past, CNBC Chief Washington correspondent John Harwood has been reliably liberal. In fact just a few hours ago, Newsbusters ran a story featuring Harwood once again spinning for Hillary Clinton. Therefore it is notable when even a team player such as Harwood gets so upset with the content free Hillary "briefing" that he breaks out in one snarky paragraph after…
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Harwood Hits Rubio for Looking ‘Like a Schoolboy’ Compared to Hillary
May 29th, 2015 4:42 PM
CNBC Washington correspondent Richard Harwood and the co-hosts of CNBC’s Squawk Box briefly discussed during Friday’s show the age difference between Hillary Clinton and Republican presidential candidate Marco Rubio that included Harwood knocking Rubio for “look[ing] like a schoolboy” compared to Clinton.