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Jul 22, 2019
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. >> kate rogers we appreciate it live from kansas city, missouri. i'm shufr we'll see you in kansas city, kansas later on as well. >>> on deck on the show, a huge week ahead for earning. >>> plus, can you feel the love this morning disney's "lion king" roaring at the weekend box office those big box office numbers when "worldwide exchange" returns right after this th wipe? try new mr. clean magic eraser sheets. just wet, squeeze and erase icky messes in microwaves and on stovetops for an amazing clean, get the power of mr. clean magic eraser in new disposable sheets. we like drip coffee, layovers- -and waiting on hold. what we don't like is relying on fancy technology for help. snail mail! we were invited to a y2k party...
. >> kate rogers we appreciate it live from kansas city, missouri. i'm shufr we'll see you in kansas city, kansas later on as well. >>> on deck on the show, a huge week ahead for earning. >>> plus, can you feel the love this morning disney's "lion king" roaring at the weekend box office those big box office numbers when "worldwide exchange" returns right after this th wipe? try new mr. clean magic eraser sheets. just wet, squeeze and erase icky messes...
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Jul 24, 2019
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kate rogers has the one key takeaway in chotle's results. chipotle reporting a strong quarter. all eyes once again are on s digiales which grew 99.1% and accounted for more than 18% of sales for the quarter. it is the second quarter in a row where growth was this strong. q1 saw the sales gross 100%. it has been a mancz focus for brian niccols who took over last year, testing out chipoeanes for digital orders and offering food promotions. they have chipotle rewards that is continuing to build on the digital platform. since he has taken the helm that stock hit new all-timeighs and increased over 130%. for "nightly business report", i'm kate rogers. >>> higher customer spending leads to strong numbers as visa. that's where we begin tonight's market focus. after the bell, the world's largest payment processor postet bettn expected earnings as profits rose by a third thanks to that customer spending and higher fees. visa also raised itsr full-y revenue outlook. shares were volatile in the after hours trading and closed the regular session up a fraction to 180.90. after the bell, tex
kate rogers has the one key takeaway in chotle's results. chipotle reporting a strong quarter. all eyes once again are on s digiales which grew 99.1% and accounted for more than 18% of sales for the quarter. it is the second quarter in a row where growth was this strong. q1 saw the sales gross 100%. it has been a mancz focus for brian niccols who took over last year, testing out chipoeanes for digital orders and offering food promotions. they have chipotle rewards that is continuing to build on...
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Jul 27, 2019
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kate rogers has more. >> reporter: the u.s.is consume trong and mcdonald's is reaping the benefits. u.s. same-store sales rose as promotions and store upgrades atraekted more diners. the ceo said this was the hi sest u.s. compince the launch of all-day breakfast in 2015. mcdonald's has als been investing in its-t behind-scenes technology to improve and personalize hundreds of drive throughs, and because of it people are spending more. >> the dries through m up about 70% of their sales across the u.s., and they'reg mak- and they're making investments in the technology t the drive the average check higher. so in our view it investment behind tech, which is i think amart move on their part. >> reporter: as delivery competition heats up, mcdonald's is doing dealso keepup, recently inking a deal with door dash as a partner. global delivery is expected to be a $4 billion business for mcdonald's and the company maintained double digit growth in restaurants tha offer the service more than a year. one question remains, will the fast food giant make a move on what appears to be the latest fad
kate rogers has more. >> reporter: the u.s.is consume trong and mcdonald's is reaping the benefits. u.s. same-store sales rose as promotions and store upgrades atraekted more diners. the ceo said this was the hi sest u.s. compince the launch of all-day breakfast in 2015. mcdonald's has als been investing in its-t behind-scenes technology to improve and personalize hundreds of drive throughs, and because of it people are spending more. >> the dries through m up about 70% of their...
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Jul 6, 2019
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. >>> i'm kate rogers in park, new jersey. tonight on "nightly business report" we're talking teen jobs, who is working, who is not and ♪ why. ♪ >>> and more on the jobs market and a new labor problem facing businesses. employers are finding it increasing difficult to hire teens, even during the summer months. s in asbury park, new jersey. ♪. >> hi, what can i get for you today? >> reporter: she is o kickingff her second summer working here in asbury park, new jersey. the 16-year old is making $10.50 an hour, $0.50 above the state minimum wage, working the register and serving up cold drinks and fri to customers on the boardwalk. >> well, when i'm not in school over t summer, i like to keep myself busy. want to have a job. i want to have a little money. >> reporter: she m enjoy working, but the share of teams working or seeking work in june, july and august has been stagnant in recent years. the labor force participations raor teens in summer last year was 40%. ten years ago it was closer to 50%. in the late 1990s, 60%.
. >>> i'm kate rogers in park, new jersey. tonight on "nightly business report" we're talking teen jobs, who is working, who is not and ♪ why. ♪ >>> and more on the jobs market and a new labor problem facing businesses. employers are finding it increasing difficult to hire teens, even during the summer months. s in asbury park, new jersey. ♪. >> hi, what can i get for you today? >> reporter: she is o kickingff her second summer working here in...
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Jul 9, 2019
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kate rogers is here with more. this is something that you watch closely, impact of minimum wage on small business. >> and restaurants, across -- my coverage areas, this certainly matters. two big headline numbers here. the cbo says a $15 per hour minimum wage would boost pay for 17 million people, but it would cost 1.3 million people to lose their jobs earlier this year house democrats introduced a bill that would raise the minimum wage to $15 per hour over the next five years. the current federal minimum wage stands at just 7.a $$7.25. so interesting numbers here. and of course we've heard from a few groups the national restaurant association says this would crush the industry and that majority of job be losses would wind up hitting women. >> and so what i've heard and this is just to provide many sides of the story as we can, we heard about the unemployment rate in certain cities like seattle that are in the efforts of pushing up their minimum wage, san francisco, they say the unemployment rates there are not any
kate rogers is here with more. this is something that you watch closely, impact of minimum wage on small business. >> and restaurants, across -- my coverage areas, this certainly matters. two big headline numbers here. the cbo says a $15 per hour minimum wage would boost pay for 17 million people, but it would cost 1.3 million people to lose their jobs earlier this year house democrats introduced a bill that would raise the minimum wage to $15 per hour over the next five years. the...
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Jul 22, 2019
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rogers is live in kansas city with more kate, which kansas city are you in right now >> reporter: well, right now, dom, i'm in kansas city, missouri you can see beautiful downtown behind us here, so the usda says this relocation will save it some $300 million over the course of a 15-year lease and it says it will get its researchers closer to stake holders within the agricultural community by reloir relocating to the midwest. it this border war truce is under way. governor mike parson of missouri has signed legislation governor kelly of kansas has pledged to do the same locations in both kansas and missouri are now being considered by the usda both governors say the move is a benefit to the region while admitting they would like those jobs for their own states. >> i think everyday you're trying to sell your state. the governor of kansas is trying to sell her state too. it's always competitive. that's a good thing. it's good for us to be competitive to see which side of the border that lands on at the end of the darks i want to stress, it's a win/win for both states. >> now, the usda's
rogers is live in kansas city with more kate, which kansas city are you in right now >> reporter: well, right now, dom, i'm in kansas city, missouri you can see beautiful downtown behind us here, so the usda says this relocation will save it some $300 million over the course of a 15-year lease and it says it will get its researchers closer to stake holders within the agricultural community by reloir relocating to the midwest. it this border war truce is under way. governor mike parson of...
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Jul 30, 2019
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with youbc morning report, i'm kate rogers. >>> good morning. rain chances are low today so any threat for severe weather today is mainly to our north. rain chances tomorrow and details coming up. >>> delays on 66 eastboundfter brand-new crash causing slow downs and other problems. i switched from dodge. we switched from ford. i switched from ram. i switched to chevy. we switched to cvy. we switched to chevy. for dependability. for technology. for the muscle. and just look at it. adios, lexus bye, bye, ford. we switched to chevy. and i couldn't be happier. see for yourself why peop are switching at the chevy all-starpen house. or add another chevy to your driveway. current gm owners can get er $5,100 below msrp on this equinox. find new roads at your local chevy dealer. >>> 15 before the hour. today marks 400th anniversary in jamestown. president trump is expected to be there but could it overshadow the celebration. >> the president has done little tond the rift and stepping up his attacks yesterday. hallie jackson is live at the white house wit
with youbc morning report, i'm kate rogers. >>> good morning. rain chances are low today so any threat for severe weather today is mainly to our north. rain chances tomorrow and details coming up. >>> delays on 66 eastboundfter brand-new crash causing slow downs and other problems. i switched from dodge. we switched from ford. i switched from ram. i switched to chevy. we switched to cvy. we switched to chevy. for dependability. for technology. for the muscle. and just look at...
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Jul 18, 2019
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i am kate rogers with cnbc headquarters. wall street set to open in the red this morning after stocks fell for a second day yesterday. the s&p 500 had its worst day in three weeks. the watch list is unemployment and earnings for morgan stanley and microsoft. netflix reported its first quarterly decline in nearly a decade. a number of rivals including disney and nbc universal are launching their own service in the coming months. a new season of "stranger things" did that premiere until last month. many americans may prefer to live in rural areas but 80% of america call cities their home. a new study finds virginia beach is the best large city in the country to live, and 62 cities with the population of at least 300,000, tracking things such as affordability, life expectancy and job opportunities and property taxes, and virginia beach has the highest home ownership rate and lowest crime rate. san francisco is sixth on the list while san jose is eighth. back over to you guys. >> i am happy we made the top ten. >> thank you, kat
i am kate rogers with cnbc headquarters. wall street set to open in the red this morning after stocks fell for a second day yesterday. the s&p 500 had its worst day in three weeks. the watch list is unemployment and earnings for morgan stanley and microsoft. netflix reported its first quarterly decline in nearly a decade. a number of rivals including disney and nbc universal are launching their own service in the coming months. a new season of "stranger things" did that premiere...
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Jul 18, 2019
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. >>> i'm kate rogers. keep an eye on netflix. the stock is slammed after they reported first quarterly decline in u.s. subscribers in nearly a decade. underwhelming performance and number of rivals including disney and nbc universal set to service the o coming months. netflix contributing to lower growth partly to the lineup program change. the new season of "stranger things" didn't premiere until this month. netflix is playing do the coming loss of "friend" and"the office" saying it allows them to spend more on original content. that is your cnbc business report. i'm kate rogers. >>> a nice cool game for a dog aris pol he looks like a big fat snowflake there. li to humane dog rescue alnce to find out how to adopt polar. get the miles walked early this morning before it g ts too hot and humid. another day with a thunderstorm chance later on in the day. even more oppresve weather for e weekend and details coming up. >>> 95 northbound after prince william parkway two lanes blocked there. fairfax 50 a prosperity avenue dark traffic
. >>> i'm kate rogers. keep an eye on netflix. the stock is slammed after they reported first quarterly decline in u.s. subscribers in nearly a decade. underwhelming performance and number of rivals including disney and nbc universal set to service the o coming months. netflix contributing to lower growth partly to the lineup program change. the new season of "stranger things" didn't premiere until this month. netflix is playing do the coming loss of "friend"...
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Jul 8, 2019
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rogers good morning, kate >> good morning to you both. deutsche bank is scrapping plans to be a one-stop shop. germany's largest bank announcing a major overhaul that will result in 18,000 job cuts worldwide. that includes closing and scaling back investment banking operation. those cuts could impact deutsche bank world force in new york and london once thought to compete with big wall street banks like jpmorgan but plagued by scandals, investigations and fines stemming from the financial crisis and other issues. >>> a new survey as you mentioned finds that one in four americans say they'll never retire the poll by the associated press and public affairs reveals that 23% of people and two in ten over the age of 50 don't plan to stop working government data shows about one in five people that are 65 or older are currently employed or seeking work money, of course, is a big factor here. only 30% of people over the age of 50 say they're financially prepared for retirement. >> thank you so much >>> well, up next, a rare and powerful tornado i
rogers good morning, kate >> good morning to you both. deutsche bank is scrapping plans to be a one-stop shop. germany's largest bank announcing a major overhaul that will result in 18,000 job cuts worldwide. that includes closing and scaling back investment banking operation. those cuts could impact deutsche bank world force in new york and london once thought to compete with big wall street banks like jpmorgan but plagued by scandals, investigations and fines stemming from the financial...
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Jul 30, 2019
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kate rogers, what will we be talking about today? >> you have to check out a story in the "wall street journal. it says wealthy parents in illinois are going to great lengths to get financial aid for their chirp. the education department is looking into a tactic where parents transfer the guardianship of their children to less wealthy friends or relatives. this allows the teens to access resources meant for middle and low income students. the scheme is technically legal but some universities in illinois say they're looking into the practice to ensure fairness in their aid policies >>> another record broken by little nas x and old town road, the country rap song is the longest running billboard hits it's been at the top of the charts for 17 straight weeks >>> and an apple a day may keep the doctor away but you're probably eating it wrong 90% of the nutrients and beneficial bacteria are in the core if you're not eating 100% of the apple, seeds and all, you're missing out. >> that's gross. >> i wouldn't eat the core, would you? >> it's
kate rogers, what will we be talking about today? >> you have to check out a story in the "wall street journal. it says wealthy parents in illinois are going to great lengths to get financial aid for their chirp. the education department is looking into a tactic where parents transfer the guardianship of their children to less wealthy friends or relatives. this allows the teens to access resources meant for middle and low income students. the scheme is technically legal but some...
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Jul 1, 2019
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kate rogers joins us with the results of a cnbc acorns investing you spending -- that's a big mouthful, kate, right there. >> that's why we had you say it. >> give it to the old guy. >> kate. thank y . >> thank you for having me survey monkey, our invest in you survey finds while a majority of people, some 58% say college is worth the money, it is not worth taking on too much debt. there is a fairly even slope between those who say college is worth the money, even if it means you have to borrow heavily and those who say it isn't worth the cost at just about one fifth of respondents if you look at those who have a college degree, they were more like through say college is worth it, even if it means taking on debt at 28%, only 10% of those who have a college degree said it is not worth the money. this might be because only 60% of undergrads actually earn a degree in six years and 40% complete a four-year program in just four years. that's according to the national center for education statistics. debt, of course, matters even more if you don't wind up getting that degree after all. more
kate rogers joins us with the results of a cnbc acorns investing you spending -- that's a big mouthful, kate, right there. >> that's why we had you say it. >> give it to the old guy. >> kate. thank y . >> thank you for having me survey monkey, our invest in you survey finds while a majority of people, some 58% say college is worth the money, it is not worth taking on too much debt. there is a fairly even slope between those who say college is worth the money, even if it...
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Jul 8, 2019
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kate rogers is here with those finally, finally i went to go see the avengers "end game". >> you can tell me all about it. i did not see it yet we'll kick things off with a big win at the weekend box office despite fears of franchise fatigue, sony's spiderman far from home had a monster opening according to com score the superhero sequel took in better than expected $185 million over the holiday weekend. meanwhile, spiderman prequell avengers end game is inching closer to a box office record the disney marvel film is now just $15 million shy from taking in the most money ever while in theaters the 2009 film avatar still holds that top spot. >>> i have seen avatar. >> but you haven't seen -- >> i haven't seen any of these. >> anything in the marvel cinematic universe you have never seen any of those movies >> you know -- >> not curiosity. >> i'm the superhero type chick. it's not my thing. >> you watch sci-fy. you watched avatar. >> i did i'm selective here i have seen the ironman fr franchi franchise. i did like that. i got nothing against it i don't get to movies that often. when i
kate rogers is here with those finally, finally i went to go see the avengers "end game". >> you can tell me all about it. i did not see it yet we'll kick things off with a big win at the weekend box office despite fears of franchise fatigue, sony's spiderman far from home had a monster opening according to com score the superhero sequel took in better than expected $185 million over the holiday weekend. meanwhile, spiderman prequell avengers end game is inching closer to a box...
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Jul 23, 2019
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kate rogers back at headquarters where the details. kate. >> that's right. talking about kay is a deya's, a lot of things straight ahead chipotle, for the second quarter they beat on every metric. same-store sales up 10% but investor focus will be on digital once again here is ceo brian nicholl on digital sales. >> digital sales grew year over year to $262 million during the quarter and represented 18.2% of sales. to put it in perspective, it was more than we did in digital sales during all of 2016 delivery remains a key driver of digital growth given enhanced capabilities on app and website as well as expanded reach. in fact, delivery is now available for more than 95% of our restaurants and remains highly incremental. >> delivery also remains the fastest growing part of the business chipotle rewards its loyalty program, launched in march, now it has 5 million members, up from 3 million last quarter. niccol said they're starting to use customer data, and said early results are showing members increase frequency after joining the program. he talked about lay
kate rogers back at headquarters where the details. kate. >> that's right. talking about kay is a deya's, a lot of things straight ahead chipotle, for the second quarter they beat on every metric. same-store sales up 10% but investor focus will be on digital once again here is ceo brian nicholl on digital sales. >> digital sales grew year over year to $262 million during the quarter and represented 18.2% of sales. to put it in perspective, it was more than we did in digital sales...
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Jul 25, 2019
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standing by with mgm but we start with kate rogers all over the conference call. >> hey there, melissa. starbucks out with a strong q3, beating on every metric, revenues hitting a new all-time high comps rose about 6% globally, 7% in the u.s., including a 3% bump in traffic across all data parts even in the afternoon which is notoriously tough. comps were up 6% in china. on the call the ceo said the comps in u.s. and china were thanks to similar initiatives under way. take a listen. >> the strong performance was driven by three key factors, an enhanced customer experience, relevant new beverage innovation and accelerated expansion of digital customer relationships the initiatives we are driving in the u.s. to simplify work, allocate labor to better meet customer demand, and improve our customer connections, all contributed to the strong performance in comp transaction growth in addition to the improved customer experience, we are delivering exciting new beverages that are resonating with customers particularly our cold beverage platform >> starbucks reward numbers up to 17.2 million, a
standing by with mgm but we start with kate rogers all over the conference call. >> hey there, melissa. starbucks out with a strong q3, beating on every metric, revenues hitting a new all-time high comps rose about 6% globally, 7% in the u.s., including a 3% bump in traffic across all data parts even in the afternoon which is notoriously tough. comps were up 6% in china. on the call the ceo said the comps in u.s. and china were thanks to similar initiatives under way. take a listen....
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Jul 17, 2019
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melissa, back over to you. >> kate, thanks. kate rogers at headquarters. let's trade this, karen? >> yes sadly, painfully i am long uri. i love this company, think the management team is fantastic i don't love citing weather. i think bad weather is not a one off, but it is the way it will be the thing that stuck out to me a little bit and it is not a huge deal, but the thing i didn't like, they talked about it being slightly less than they had given before in their outlook, but their free cash flow actually will be a little bit higher while it sounds great, the reason is because they're going to pull back a tiny bit on their cap ex i like when they're feeling good about spending, and so when they see the returns on that cap ex so it is not a huge amount of money. on the balance sheet they're getting toward the lower end of the leverage they feel comfortable having i would rather see them be a little more aggressive it is not expensive here post market, it is not expensive at all, but as a bellwether for how companies are feeling about the economy and the future of spending money.
melissa, back over to you. >> kate, thanks. kate rogers at headquarters. let's trade this, karen? >> yes sadly, painfully i am long uri. i love this company, think the management team is fantastic i don't love citing weather. i think bad weather is not a one off, but it is the way it will be the thing that stuck out to me a little bit and it is not a huge deal, but the thing i didn't like, they talked about it being slightly less than they had given before in their outlook, but...
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Jul 12, 2019
07/19
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. ♪ fast food restaurants are getting a lot more high-tech these days kate rogers is getting a look at how these are making changes for customers and companies. >> reporter: the restaurants around the globe almost always involve kiosks that allow customers to personalize orders and place them quickly the upgrades can be seen in restaurants from mcdonalds to panera and taco bell kiosk usage is up 6% with more than a third of customers saying they've used one in the past year 30% say they prefer them over cashiers >> it's simpler to do that than to talk and try to communicate with another person. as weird as that sounds. >> i think it's more convenient. >> reporter: but some say they miss the good old days of talking face-to-face and worry about kiosks replacing workers >> i would prefer to use the one that would create the most jobs. >> that is such a slice of life, kate the guy who says it's easier than trying to talk and communicate. >> we really got the opinions of the masses out there >> and an older guy said i want to do whatever creates the most jobs interestingly enough, these ki
. ♪ fast food restaurants are getting a lot more high-tech these days kate rogers is getting a look at how these are making changes for customers and companies. >> reporter: the restaurants around the globe almost always involve kiosks that allow customers to personalize orders and place them quickly the upgrades can be seen in restaurants from mcdonalds to panera and taco bell kiosk usage is up 6% with more than a third of customers saying they've used one in the past year 30% say they...
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Jul 23, 2019
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here to break down the headlines are kate rogers, bill griffeth and meg tirrell. i want to talk about these macy's plates. let's try to get there >> are we going to start there >> we're going to start with coca-cola. the shares hitting an all-time high the ceo was on squawk on the street earlier and talked about their positive momentum heading into the back half. >> at the beginning of the year we came out with some guidance you were just talking about, the macro environment. we saw some clouds on the horizons, too, but the storm never arrived. >> quote of the day. they reported 6% organic revenue growth for the quarter, said they're releasing their first alcoholic beverage nationwide in japan after a test run could be a preview of something that's coming. >> very smart guy this guy they really transformed a one-trick pony into a massive company that's nimble and it's able to tailor its products to the different regions of the world, this alcoholic beverage, this lemon fizzy thing, it's only going to be sold in japan because that's -- it's a taste over there that
here to break down the headlines are kate rogers, bill griffeth and meg tirrell. i want to talk about these macy's plates. let's try to get there >> are we going to start there >> we're going to start with coca-cola. the shares hitting an all-time high the ceo was on squawk on the street earlier and talked about their positive momentum heading into the back half. >> at the beginning of the year we came out with some guidance you were just talking about, the macro environment....
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Jul 24, 2019
07/19
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kate rogers speaking with the ceos of dunkin' and beyond meat on their partnership today >>> coming up, seven-day shipping, new partners and drone delivery ups is making a ton of news today and the stock is up 8.5% we'll discuss it all in "rapid fire." >> plus, sales of tesla's vehicle. that's straight ahead. it's part of being human. sonoma county declared a homeless emergency in 2018. you have to know the individuals you're serving to understand their needs. working with ibm watson we can bring together data spread across dozens of departments. that gives us a fuller view of the people we serve. dear tech, dear tech, we need to look after everyone in our community. and we want to help our fellow human beings. ♪ ♪ i felt completely helpless. trashed online. my entire career and business were in jeopardy. i called reputation defender. they were able to restore my good name. if you are under attack, i recommend calling reputation defender. vo: there's more negativity online than ever. reputation defender ensures that when people check you out, they'll find more of the truth, not tra
kate rogers speaking with the ceos of dunkin' and beyond meat on their partnership today >>> coming up, seven-day shipping, new partners and drone delivery ups is making a ton of news today and the stock is up 8.5% we'll discuss it all in "rapid fire." >> plus, sales of tesla's vehicle. that's straight ahead. it's part of being human. sonoma county declared a homeless emergency in 2018. you have to know the individuals you're serving to understand their needs. working...
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Jul 30, 2019
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i'm kate rogers at cnbc headquarters. here are today's top business headlines. wall street is set to open slightly lower this morning following a mixed session for stocks yesterday. investors are awaiting tomorrow's decision by the federal reserve. the markets widely expect the fed to cut interest rates to offset any potential slowdown in the economy. on today's watch list, reports on personal income and spending, home sales and consumer confidence, plus earnings from apple. >>> capital one says it suffered a massive data breach earlier this year, exposing information from about 100 million customers in the u.s., and another 6 million in canada. the company says only a small amount of social security and bank account numbers were compromised, but the hacker also got access to information from credit card applications, such as names, addresses, date of birth a. a suspect has been arrested, according to court records, but that person allegedly shared the data on a private chat server. capital one says it will provide free credit monitoring to the affected customer
i'm kate rogers at cnbc headquarters. here are today's top business headlines. wall street is set to open slightly lower this morning following a mixed session for stocks yesterday. investors are awaiting tomorrow's decision by the federal reserve. the markets widely expect the fed to cut interest rates to offset any potential slowdown in the economy. on today's watch list, reports on personal income and spending, home sales and consumer confidence, plus earnings from apple. >>>...
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Jul 2, 2019
07/19
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they're good phil, thanks and thank you all as well, kate rogers, dom chu and morgan brennan. stocks climbing yesterday on news of china and the u.s. reaching a temporary tariff truce at the g20 it doesn't mean the trade tensions are over. isl rivestors should seldung th pause that's next. carvana is six years old this year and is the fastest growing place to buy a car in the nation. it's because we have thousands of people working hard to make our customers' experiences the best. it's because we have tens of thousands of cars ready to be delivered to your doorstep. and it's why hundreds of thousands of happy customers have ditched the dealership and bought their car online, earning us an average 4.7 stars in the process. so if you didn't know about us before, you do now. we're carvana, and we want to give you the car buying experience you deserve. >>> welcome back to "the exchange." peter navarro says trade talks with china are heading in the right direction after the two countries agreed to a pause at the g20 summit how will we know if we're actually nearing a deal? head of
they're good phil, thanks and thank you all as well, kate rogers, dom chu and morgan brennan. stocks climbing yesterday on news of china and the u.s. reaching a temporary tariff truce at the g20 it doesn't mean the trade tensions are over. isl rivestors should seldung th pause that's next. carvana is six years old this year and is the fastest growing place to buy a car in the nation. it's because we have thousands of people working hard to make our customers' experiences the best. it's because...
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Jul 9, 2019
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it's time for rapid fire and here with their takes, kate rogers, domchu, and leslie pickers in the fat seat today. i'm sorry, was i not supposed to say that >> everyone is going to wonder what you mean by that. >> you're going to get away with it, bill >> bill is being totally politically correct here it's more of a just -- you know, camera angle thing >> we're showing the wires here. >> first up, hedge funds are coming off their best first half in a decade. jumping about 6%, according to hedge fund research. bill ackman's pershing square rebounded in a big way a 45% gain after losing money for four straight years >> these are some fat returns, bill >> yes >> that's what you're referring to here. fat returns. p-h-a-t returns, largely led by acwitty strategies activism, they hold concentrated equity positions, outperforming a lot of strategies, however, on average, none of these are outperforming the s&p 500, except for crypto. those are up over 80% year to date >> this is always the case, though, right? hedge funds do not generate the value for their fees in upmarkets. if the s&p 500 g
it's time for rapid fire and here with their takes, kate rogers, domchu, and leslie pickers in the fat seat today. i'm sorry, was i not supposed to say that >> everyone is going to wonder what you mean by that. >> you're going to get away with it, bill >> bill is being totally politically correct here it's more of a just -- you know, camera angle thing >> we're showing the wires here. >> first up, hedge funds are coming off their best first half in a decade....
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Jul 18, 2019
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. >> for "y business report", i'm kate rogers. >>> and finally to night, the washington monument is taking on a whole new look to mark the 50th anniversary of the apollo 11 moon mission. a life siz projection of the saturn 5 rocket is being mapped against the monument. the saturn 5 was the tallest and most powerful rocket er built. it carried the apollo 11 crew to the moon back in9. 1 >> what a sight that is. >> indeed. >>> that is "nightly business report" for tonight. i'mah solomon. thachgs f thanks for watching. >> i'm bill griffeth.ni have a great e. we'll see you tomorrow. ♪ ♪ woman: this is "bbc world news america." is made possible by... the freeman foundation; by judy and peter blumovler foundation, pursuing solutions for america's neglected needs; and by contributions to this pbs station from viewers like you. thank you. laura: this is "bbc world news america." reporting from washington, i am laura trevelyan.
. >> for "y business report", i'm kate rogers. >>> and finally to night, the washington monument is taking on a whole new look to mark the 50th anniversary of the apollo 11 moon mission. a life siz projection of the saturn 5 rocket is being mapped against the monument. the saturn 5 was the tallest and most powerful rocket er built. it carried the apollo 11 crew to the moon back in9. 1 >> what a sight that is. >> indeed. >>> that is "nightly...
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Jul 25, 2019
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kate rogers with the preview kate. >> analysts will be looking for updates on the company's velocity growth plan which includes the experience of the future, the restaurant updates mcdonald's made a few tech updates for drive-through optimization in march, so details on how it is deployed will be key along with traffic and comp updates in u.s. as promotions provided a nice lift for the company in the last quarter. back to you. >> kate, thank you very much >>> back to the earnings movers this evening, we talked about yesterday highs, bad day of trade today. do you think it will be reversed with some of the positives >> it looks like the indication is it would be i think mostly it is because of alphabet it is up 95 bucks a share or something like that, a tremendous amount of market value, that kind of a move so i do think that it is going to give a little bit of a lift, maybe more than offset amazon if, in fact, amazon stays with the little slight down side. >> everyone we have talked to this hour from analysts to investors have said on amazon they don't see a big problem. >> it will b
kate rogers with the preview kate. >> analysts will be looking for updates on the company's velocity growth plan which includes the experience of the future, the restaurant updates mcdonald's made a few tech updates for drive-through optimization in march, so details on how it is deployed will be key along with traffic and comp updates in u.s. as promotions provided a nice lift for the company in the last quarter. back to you. >> kate, thank you very much >>> back to the...
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Jul 18, 2019
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i am kate rogers. wall street points to open in the red this morning after stocks fell for a second day yesterday. investors digesting mixed earning results and economic data. on today's watch list, data on unemployment and earnings from morgan stanley and microsoft. keep an eye on netflix today, that stock getting slammed after the service reported it's first quarterly decline in nearly a decade. a number of rivals, including disney and nbc universal are getting set to launch their own streaming service in the coming months. the new season of "stranger things" didn't premiere until last month. many americans prefer to live in rural area, but many call cities their home. virginia beach is the best large city in the country to live and the report evaluated 62 cities with a population of at least 300,000, tracking things as affordability, life expectancy and job opportunities and taxes. austin is second followed by seattle, san diego and las vegas. san francisco is sixth while san jose is eighth. between
i am kate rogers. wall street points to open in the red this morning after stocks fell for a second day yesterday. investors digesting mixed earning results and economic data. on today's watch list, data on unemployment and earnings from morgan stanley and microsoft. keep an eye on netflix today, that stock getting slammed after the service reported it's first quarterly decline in nearly a decade. a number of rivals, including disney and nbc universal are getting set to launch their own...
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. >> i'm it's kate rogers. a federal judge has blocked ther trump adminision from requiring companies to disclose price the government says ten of the most commonly advertised drugs cost roughly $500 a month >>> one of the most highly protected species on earth. officials in china say they have now spotted two rare all white langur. locrs villagers found the fi in 2016 by chance and another one has been spotted in a nature reserve where monitoring equipment is set up for scientific research. fewer than 2,000 all while langurs exist in the world. >>> check this little guy out! that is a 16-foot long python and they just caught this thing in the florida everglades. official say it's one of he largest snakes ever captured. the python was found under a home! how about that? >> bye! >> 165 pound and there were eggs too. had to get rid of all of that stuff. >> this is an pinvasive sies and no pythons should be anywhere in this country! >> when we go awayod t 50 years since the apollo 11 blasted off from the keedy spa
. >> i'm it's kate rogers. a federal judge has blocked ther trump adminision from requiring companies to disclose price the government says ten of the most commonly advertised drugs cost roughly $500 a month >>> one of the most highly protected species on earth. officials in china say they have now spotted two rare all white langur. locrs villagers found the fi in 2016 by chance and another one has been spotted in a nature reserve where monitoring equipment is set up for...
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i'm kate rogers at cnbc headquaers. a new way to return items to amazon wi out having to the post off the office or schedule a pickup. kohl will start accepting returns at their stores. they tested it yarlier this ear. customers have to go to amazon ndline center and physical the return option aet a bar code and bring the items to the store and kohl's will pack and ship them back for free. >>> a wther alert today if you're walking the dog. make it quick this morning. heavy rain around. or wait until later on in the . day there is my girl isa. heaviest the rain today in the first half of the day. to >>> trafficpped northbound i-95. a truck scaled a crash and debris across the roadway and closure. full details coming up. . >>> welcome back. we are following breaking news o mrnight. thisning, d.c. police are investigate ago violent night in washington. five people were shot in two separate shooting. >> one man shot in northwest before northwest and still worki to learn his name. we know he is expected to survive. >> a shor
i'm kate rogers at cnbc headquaers. a new way to return items to amazon wi out having to the post off the office or schedule a pickup. kohl will start accepting returns at their stores. they tested it yarlier this ear. customers have to go to amazon ndline center and physical the return option aet a bar code and bring the items to the store and kohl's will pack and ship them back for free. >>> a wther alert today if you're walking the dog. make it quick this morning. heavy rain around....
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i'm kate rogers. >>> good morning. beautiful sunrise over washington on a tuesday. no weather worries for today. car washing forecast, go for it. next chance for raintis rsday. we will detail the timing on that and take a look at the weekend coming up. >>> problemound town. washed out road and traffic lights out on georgia avenue causing delays here this morninl so we wilake a look at that and >>> welcome back. developing overnight in california a state of emergency after two major earthquakes on the west coast. president trump is now paving the way for federal cash to helh se hit the hardest. this morning, homes and businesses are skill without power and damage estimates are in the hundreds of millions of dollars. >>> meanwhile back here in the washington region, today will bb out drying out and cleaning up. >> yesterday's historic rainfall led to flash flooding. the impacts of which may be fel for days to come. across our region, homeowners could only watch as fast moving water damaged their property. in one potomac home, news4 cameras undjfx÷ a mess in the basem
i'm kate rogers. >>> good morning. beautiful sunrise over washington on a tuesday. no weather worries for today. car washing forecast, go for it. next chance for raintis rsday. we will detail the timing on that and take a look at the weekend coming up. >>> problemound town. washed out road and traffic lights out on georgia avenue causing delays here this morninl so we wilake a look at that and >>> welcome back. developing overnight in california a state of emergency...
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Jul 18, 2019
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kate rogers has more >> good morning. netflix had 130,000 fewer u.s. subscribers at the end of the second quarter versus the first quarter. that is the first time that's happened since 2011 after netflix launched a new pricing model that was widely rejected by customers globally netflix added 2.7 million subscribers, far less than the 5 million forecast. on the conference call the company attributed lower growth in part to its program lineup during the quarter >> this is one where we forecasted high. there was no one thing if i think about three years ago, we were also light. we never really were confident of the explanation then we were 2 billion in quarterly revenue. now we're going 5 billion. it's easy to overinterpret the quarter membership ads >> the slowdown comes as competition is set to ramp up in the coming months. disney, apple, warner media and comcast nbc universal are launching rival services sparking what some are calling the streaming wars they're also taking their content from netflix including "friends" and "the office. the company is
kate rogers has more >> good morning. netflix had 130,000 fewer u.s. subscribers at the end of the second quarter versus the first quarter. that is the first time that's happened since 2011 after netflix launched a new pricing model that was widely rejected by customers globally netflix added 2.7 million subscribers, far less than the 5 million forecast. on the conference call the company attributed lower growth in part to its program lineup during the quarter >> this is one where...
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Jul 26, 2019
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seema mody has a look at the movers and today's gdp print kate rogers is covering mcdonald's and deidre bosa has amazon and josh lipton watching alphabet. >> highs of the day and on pace for a record close, that gdp report showed that americans are spending more thanks to lower unemployment and higher wages. that story also showing up in a handful of earnings reports as well take a look at starbucks and mcdonald's, both all time highs. the question is can the trend continue in addition to the consumer names, take a look at retail some very tough first quarter earnings season for the retailers. and that earnings season sector starts next week and a number of them at 52 week highs. we're about 40% of the earnings season part of the story today of course is tech make text message players including alphabet moving to the up side driving the nasdaq higher as well back to you. >> and on the consumer front, gdp numbers out, 4.3% growth from the consumer. that was the best level we've seen in a while. clearly doing all the heavy lifting for this economy and providing a better backdrop for earni
seema mody has a look at the movers and today's gdp print kate rogers is covering mcdonald's and deidre bosa has amazon and josh lipton watching alphabet. >> highs of the day and on pace for a record close, that gdp report showed that americans are spending more thanks to lower unemployment and higher wages. that story also showing up in a handful of earnings reports as well take a look at starbucks and mcdonald's, both all time highs. the question is can the trend continue in addition to...
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Jul 22, 2019
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kate >> that's right. the search is under way here in the kansas city region for that new home for the usda. this is move the agency says will save it some $300 million over the course of 15 years and remove its researchers closer to stakeholders within the agricultural community of course, it comes at an interesting time in the region the governor of missouri has recently signed a bill calling an end to the border war, which has cost both states some $335 million over the past decade, luring companies back and forth. both states say they want the jobs while also calling it a regional win >> kansas would be delighted to get the offices on our side of the line if you have ever been there, the line not visible there is no wall you know, people just live across the street from one another, so regardless of which side it goes on, it will have a positive impact on both sides of the border >> moving the agencies out of the d.c. area has also been controversial, more than half of the 400 workers who had received
kate >> that's right. the search is under way here in the kansas city region for that new home for the usda. this is move the agency says will save it some $300 million over the course of 15 years and remove its researchers closer to stakeholders within the agricultural community of course, it comes at an interesting time in the region the governor of missouri has recently signed a bill calling an end to the border war, which has cost both states some $335 million over the past decade,...
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Jul 26, 2019
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here to break down the headlines are kate rogers, robert frank and courtney reagan. welcome, everybody first up the consumer is hot, hot, hot and some big names are reaping the benefits today starbucks, this is my number of the day. 7% gain in u.s. same-store sales and they're not the only ones seeing strength. mcdonald's up 5.7% in the u.s. mcdonald's, chipotle red hot as well kate, is anyone not doing well or was it just a strong consumer quarter which we also saw in the gdp? >> we did. so these were the three big names this week. chipotle up 10%. that's another huge number all three of these companies focusing a lot on digital innovation, making sure your experience into the doors is seamless, quick. no matter how you're getting to them is that it's going to be quick and easy they all have fairly new ceo staff. being the most established, been there about four years kevin johnson at starbucks and mcdonald's up 118% from easter brooks' start date in 2015 starbucks up 66% since 2017. chipotle up 144% >> how good does that feel if i were these ceos, i would just leav
here to break down the headlines are kate rogers, robert frank and courtney reagan. welcome, everybody first up the consumer is hot, hot, hot and some big names are reaping the benefits today starbucks, this is my number of the day. 7% gain in u.s. same-store sales and they're not the only ones seeing strength. mcdonald's up 5.7% in the u.s. mcdonald's, chipotle red hot as well kate, is anyone not doing well or was it just a strong consumer quarter which we also saw in the gdp? >> we did....
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i'm kate rogers. >>> stevie wonder fans in london heard more than the latest hits during a concert. he announced he would soon be undergoing a kidney transplant. >> i'm going to have surgery. i'm going to have a kidney transplant. a [ cheers andpplause ] >> it's all good. >> you heard him, he said, it's all good. he decided to make the public announcement during his concert to avoid rors spreading about his health. dr. natalie azar has insight on typicalr kidney lacements. >> kidney transplantation is a very effective treatment for kidney failure. and many patients who undergo a able to ansplant are live very, very healthy lives, gas healthy as before th sick. >> wonder says he plans to perform three more shows and then take a break for the surgery. wishing him the best. >>> over t weekend, movie pass announced it's shutting down a while. it will be offline for several weeks. for more than a year, the s company hastruggled with user complaints and technical issues. the company says during the shutdown, it will work on a new version of its app. movie pass will t nosubscri abecrs nanc
i'm kate rogers. >>> stevie wonder fans in london heard more than the latest hits during a concert. he announced he would soon be undergoing a kidney transplant. >> i'm going to have surgery. i'm going to have a kidney transplant. a [ cheers andpplause ] >> it's all good. >> you heard him, he said, it's all good. he decided to make the public announcement during his concert to avoid rors spreading about his health. dr. natalie azar has insight on typicalr kidney...
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Jul 5, 2019
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kate rogers is on on the jersey shore with a look at how companies are enticing teen workers, kate? >> reporter: the share of teens who are either working or looking for work has been pretty stagnant the past few years at about 40%. about ten years ago it was closer to 50%. about 20 years ago it was closer to 60% this at the same time that summer school enrollment has actually good afternoon from 10% in july of 1985 to 45% last summer business owners around the country like mike haines in atlanta say they are getting creative with hiring as teen availability shifts. >> the amount of hours that they are devoting to work the consistency of that availability is significantly different even though we haven't been dramatically affected i think by the number of teens, teen applicants being reduced >> reporter: so haines actually hold us he will sometimes hire one and a half workers for one role so he can give those teens that added sense of flexibility that they need with these extracurricular activities for college applications >> although i'm sure he preferred to hire one person >> repo
kate rogers is on on the jersey shore with a look at how companies are enticing teen workers, kate? >> reporter: the share of teens who are either working or looking for work has been pretty stagnant the past few years at about 40%. about ten years ago it was closer to 50%. about 20 years ago it was closer to 60% this at the same time that summer school enrollment has actually good afternoon from 10% in july of 1985 to 45% last summer business owners around the country like mike haines in...
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rogers tells us the most important things to watch. >> hey, melissa. analysts are projecting eps of 72 cents on revenues of $6.67 billion for the third quarter, same-store sales are expected to increase by 4% globally, 4.3% in the americas, and 3.4% in china, asia-pacific both u.s. comps and china will be key numbers for a read on the consumer china in particular has seen two straight quarters of 3% comps. consumer attitudes towards american brands in china are of interest as starbucks continues to expand there in the face of ongoing trade tensions there's also, of course, competition from luckin coffee to keep in mind. starbucks made two announcements, an equity steak to offer access around the globe along as an expansion with the partnership with uber eats so those two topics will be in focus. another thing to keep an eye out for that i'm very interested in is here, plant-based meat. dunkin' made the announcement yesterday, so analysts will be all over that on the call. we'll see what they have to say. >> all right, kate thank you very much. >>> let'
rogers tells us the most important things to watch. >> hey, melissa. analysts are projecting eps of 72 cents on revenues of $6.67 billion for the third quarter, same-store sales are expected to increase by 4% globally, 4.3% in the americas, and 3.4% in china, asia-pacific both u.s. comps and china will be key numbers for a read on the consumer china in particular has seen two straight quarters of 3% comps. consumer attitudes towards american brands in china are of interest as starbucks...
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Jul 16, 2019
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here we are with conitousa brewer, dominic chu, and kate rogers the first story is dominos but i'm going to kate. dominos is on pace for its worst day since february after missing revenue. is your twitter feed at domino it's not me. the street had been expecting comp growth sales of 5%, but the chain only grew by 3%, as it continues its so-called strategy you have been following it all day long a pretty good stock after they redid it a couple years ago. >> that's right. >> done pretty well, but this is a little bit of a hiccup, no >> that's right. the ceo will be on "mad money" tonight. they're in the midst of this fortressing strategy they're opening more locations closer to their existing locations. analysts say that could be a drag on same-store sales because you may go to the newer dominos instead of the older one even though this is a drag on comps for now, it will be a strategy that pays off in the long term. another thing that came up a lot today as it did last quarter, the third party delivery aggregators. they're under a lot of pressure because in the past, the only thing you co
here we are with conitousa brewer, dominic chu, and kate rogers the first story is dominos but i'm going to kate. dominos is on pace for its worst day since february after missing revenue. is your twitter feed at domino it's not me. the street had been expecting comp growth sales of 5%, but the chain only grew by 3%, as it continues its so-called strategy you have been following it all day long a pretty good stock after they redid it a couple years ago. >> that's right. >> done...
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they also have fairly new ceos injecting life into the brands our kate rogers at hq watching some of that today hey, kate. >> hey, carl that's right with their own styles, all three ceos are successfully transforming these businesses. so, first off, at krnsionz donldz, steve easterbrook has been at the helm of mcdonald's four years, taking the brand through a dramatic turnaround. during his run, the stock has gained 118%. he first added all-day breakfast, updated restaurants with kiosks and table service, launched a delivery program now with uber eats and doordash, set to bring in about $4 billion globally, and made major tech acquisitions to enhance the guest experience now, over at starbucks, kevin johnson has been focusing on driving sales in two key markets, the u.s. and china. since johnson took over in april of 2017, that stock is up nearly 70%. this thanks to beverage innovation, growing the business with the nestle global coffee alliance and expanding digital with more than 17 million loyalty members now. but the biggest gains here, they've come from the newest ceo in the bun
they also have fairly new ceos injecting life into the brands our kate rogers at hq watching some of that today hey, kate. >> hey, carl that's right with their own styles, all three ceos are successfully transforming these businesses. so, first off, at krnsionz donldz, steve easterbrook has been at the helm of mcdonald's four years, taking the brand through a dramatic turnaround. during his run, the stock has gained 118%. he first added all-day breakfast, updated restaurants with kiosks...
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Jul 1, 2019
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kate rogers joins me with the reasons behind these productions. >> that's right. our invest in you survey finds one third of americans say they have cut their monthly spending in the past year, while 45% say they have kept spending about the same, and one fifth say they have increased their monthly spend. why are some americans cutting back of the third who are spending less, 23% say they have lost some alternative form of household income 17% told us it's because they have taken on new debt, and 16% say they did so because they fear a recession 15% say it's because they lost their job. there's also a split between political parties when it comes to cutting back on spending. just over 20% of democrats cutting, say they're doing so because they, too, fear an economic slowdown compared to 10% of republicans and 13% of independents we're also going to have much more on this on "power lunch" and talk about if that college degree is actually worth it. the answers we got from people, very interesting >> it is fascinating to see how people's political views translate int
kate rogers joins me with the reasons behind these productions. >> that's right. our invest in you survey finds one third of americans say they have cut their monthly spending in the past year, while 45% say they have kept spending about the same, and one fifth say they have increased their monthly spend. why are some americans cutting back of the third who are spending less, 23% say they have lost some alternative form of household income 17% told us it's because they have taken on new...
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kate rogers has those details. >> that's right. starbucks announcing it's taking an equity stake in brightloom formerly known as itzla. it's in exchange for giving brightloom to license some of its software financial terms were not disclosed. the partnership will see brightloom provide software for licensed partners along with other restaurant companies this is key because out of 80 global markets less than half have access to starbucks' mobile app. it's been big in the u.s., 40% of transactions comes from its rewards program which has about 17 million members and the growing base in china. starbucks will continue to drive software development digitally in its company operated stars. mobile order and pay and online delivery is key drivers all of these companies with customers who order online increase spending by 20%. it's not just starbucks, mcdonald's, chipotle, all these players with mobile order and pay, you wind up spending more on the app it's easier to do. >> and you're also not paying at that instant with cash out of your p
kate rogers has those details. >> that's right. starbucks announcing it's taking an equity stake in brightloom formerly known as itzla. it's in exchange for giving brightloom to license some of its software financial terms were not disclosed. the partnership will see brightloom provide software for licensed partners along with other restaurant companies this is key because out of 80 global markets less than half have access to starbucks' mobile app. it's been big in the u.s., 40% of...
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Jul 30, 2019
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it's time for what we call rapid fire here with their takes, kate rogers, bill griffeth, courtney reagan you mean that news read didn't exhaust you. you can do this? >> you did fine. >> we have a jar we're going to put out and see who has to make a donation to it in case anybody makes any missteps >> first topic is procter & gamble all-time high after a big earnings beat. why? skin care products a very strong performer with sales of brands like sk-ii, olay, i do know olay powering an 8% rise in p&g's beauty business. the company announcing it took an $8 billion right down on its gillette razor business. grooming was p&g's worst showing among its business segments citing foreign currency fluctuations and the fact that men just are not shaving enough. >> i hope you're happy, ken. i hope you've got what you were after. thanks a lot >> ken has not been shaving much >> looks great, ken. >> looks very good have we -- >> i think he shaves his head, though >> i wonder if we reached peak beard in america or peak scruff >> i don't think so. i don't think we have reached peak beard or peak scruff.
it's time for what we call rapid fire here with their takes, kate rogers, bill griffeth, courtney reagan you mean that news read didn't exhaust you. you can do this? >> you did fine. >> we have a jar we're going to put out and see who has to make a donation to it in case anybody makes any missteps >> first topic is procter & gamble all-time high after a big earnings beat. why? skin care products a very strong performer with sales of brands like sk-ii, olay, i do know olay...
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kate rogers has the story. >> that's right. so domino's ceo did have a lot to say about talent on today's conference call. allison said there is steep competition for delivery drivers and the fact that there is record low unemployment coupled with competition from third party delivery services in both fast food and grocery. that has created a talent crunch to help fix the issue, they are focusing on scheduling algorithms and looking at alternatives and a test for autonomous delivery in houston will would get them to the place that would reduce dependence i on the labor market and allison mentioned that menu price increases did past kick in as minimum wage increases also kicked in in different states and municipalities >> is it people -- everybody has a local pizza place, right is everybody using door dash or whatever it is to deliver and is that working or like some who live in the burbs, by that the food is cold, soggy, whatever it is >> they have mentioned the third party aggregate tors putting pressure on the model. dominos
kate rogers has the story. >> that's right. so domino's ceo did have a lot to say about talent on today's conference call. allison said there is steep competition for delivery drivers and the fact that there is record low unemployment coupled with competition from third party delivery services in both fast food and grocery. that has created a talent crunch to help fix the issue, they are focusing on scheduling algorithms and looking at alternatives and a test for autonomous delivery in...
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rogers with a fantastic report >> with all the ceos, done very well >> i think these are people who understand digitization. these are people who must have listened to mark benihoff. october 15th his trailblazer book comes out kevin johnson, 2% of the digital, these guys have gotten digitalization and why i like the goldman calls the guy who is least far along is niccol at chipotle big runway >> they also talked about this is one of the few sectors in the market that cannot be encroached by amazon. i thought that was interesting they got the benefits in terms of technology and digitization that jim was talking about, cost savings but not going to be displaced by amazon. >> well face it, mel, if they hadn't had a couple of missteps with the food along the way, yes. but i mean it's in some ways perhaps even similar to boeing they needed to get out in front of this better than they did at that time. to jim's point >> niccol joined, totally transparent. didn't bad mouth people. he said totally transparent. >> sure did. >> didn't bad mouth people, basically said we've got a brand new chi
rogers with a fantastic report >> with all the ceos, done very well >> i think these are people who understand digitization. these are people who must have listened to mark benihoff. october 15th his trailblazer book comes out kevin johnson, 2% of the digital, these guys have gotten digitalization and why i like the goldman calls the guy who is least far along is niccol at chipotle big runway >> they also talked about this is one of the few sectors in the market that cannot be...
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Jul 17, 2019
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we need an expert to talk to us about that and we turn to our very own kate rogers >> now it's prime day. >> sully is going to be very angry. >> so tim hortons did announce this morning it's expanding its beyond meat partnership. they kicked this off with a breakfast patty option in canada this partnership in canada only. now they've got the plant-based regular burger as well as a barbecue burger. it's important to note a lot of these coffee chains struggle with foot traffic in the afternoon, so obviously burgers are a way to add people hopefully to your customer base during the afternoons. and also restaurant brands international. the parent company is now in with two of these because they also have the impossible whopper partnership. >> how do the impossible sausages sell in the morning >> they said that they were selling well it's a breakfast patty sandwich and this went well that's why they decided to expand the partnership >> why is a coffee chain selling burgers? >> well, i just explained they are trying to get more people in to come eat in the afternoons. that's how you compet
we need an expert to talk to us about that and we turn to our very own kate rogers >> now it's prime day. >> sully is going to be very angry. >> so tim hortons did announce this morning it's expanding its beyond meat partnership. they kicked this off with a breakfast patty option in canada this partnership in canada only. now they've got the plant-based regular burger as well as a barbecue burger. it's important to note a lot of these coffee chains struggle with foot traffic...
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kate rogers has more dates? >> kicking it off with united rentals after the company beat on top and bottom lines. ceo matthew flannery pointed to historically bad weather in several key regions, but also said the company remains confident, ands kinder morgan, those shares down nearly 2%, posting inlined revenues back over to you >> thank you, kate time for a news update let's get to contessa brewer for that. >> here's what's happening right now. >>> the house will vote on a resolution to impeach president trump. the vote was forced by reading the articles of impeachment on the house floor tuesday night. he told reporters the house will vote to proceed forward with the measure. >>> therios founder elizabeth holmes left a court, with the trial to begin in august of 2020 >>> if weathero rico is teenages a big protest, demanding a -- recently leaked pages of online chats between the governor and members of his administration as well as outsiders have revealed the men mocking women, people who are disabled, even vict
kate rogers has more dates? >> kicking it off with united rentals after the company beat on top and bottom lines. ceo matthew flannery pointed to historically bad weather in several key regions, but also said the company remains confident, ands kinder morgan, those shares down nearly 2%, posting inlined revenues back over to you >> thank you, kate time for a news update let's get to contessa brewer for that. >> here's what's happening right now. >>> the house will...
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kate roger has a preview of chipotle kate. >> hey, wilf investors are looking for $3.74 for the second quarter now, same-store sales expected to increase by 8.3%. digital, of course, will be in focus. last quarter it grew 100% thanks to initiatives like digital first offerings of lifestyle bowls and chipotle rewards were launched so any updates on that which had 3 million members at last count will be key the stock up over 70% year to date best restaurant name so far, guys, back over to you. >> josh lipton monitoring texas instruments. josh what, can we expect >> q2 eps of a $1.22 that would imply a drop of 10% on the top line rbc's mitch steves tell me he'll make a beline for q3 guidance looking for 3.8 billion from the company down close to double digits has a neutral rating because he doesn't think the company's big end market, automotive and industrial, will recover quickly. wilf, back to you. >> josh, thank you a preview of visa. >> wilf, visa has been on a tear so expectations are very high. anything short of what the street is expecting, eps of 1.22 could lead to a sharp drop an
kate roger has a preview of chipotle kate. >> hey, wilf investors are looking for $3.74 for the second quarter now, same-store sales expected to increase by 8.3%. digital, of course, will be in focus. last quarter it grew 100% thanks to initiatives like digital first offerings of lifestyle bowls and chipotle rewards were launched so any updates on that which had 3 million members at last count will be key the stock up over 70% year to date best restaurant name so far, guys, back over to...
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but at our kate rogers found out, teens aren't working in the summer the way they used to. so she's breaking us down for that on this summer jobs friday, from asbury park with more kate >> reporter: hey, morgan that's right the labor force participation rate for teens working summer jobs at the businesses like the ones you see behind me here in asbury park has been stagnant over the past few decades. take a look at this chart. the number of 16 to 19-year-olds who are working or looking for work in the summer, it's been at about 40% in the past few years. about ten years ago, that was nearly 50% 20 years ago, nearly 60% so what are all of these teens up to if they're not working summer jobs? well, take a look at this chart. the answer here could be school. this chart shows you more teens are enrolling in summer classes in 19 al, 10% of teens were taking school classes in july. last year the number was at 45%. and employers like anthony bannon here in asbury park say that they've seen this shift in teen working dynamics firsthand. and actually, he's shifted his recruiting tac
but at our kate rogers found out, teens aren't working in the summer the way they used to. so she's breaking us down for that on this summer jobs friday, from asbury park with more kate >> reporter: hey, morgan that's right the labor force participation rate for teens working summer jobs at the businesses like the ones you see behind me here in asbury park has been stagnant over the past few decades. take a look at this chart. the number of 16 to 19-year-olds who are working or looking...
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kate rogers is here to tell us more >> good morning. our invest in you survey finds that one third of americans say they've cut their monthly spending in the past year while 45% say they've kept spending about the same and one fifth say they have increased their monthly spend in the past 12 months why are so americans cutting back take a look at this one. of the third who are spending less, 23% say they lost some form of alternative household income, 17% told us it's because they taken on new debt 16% say it's because they fear a recession or economic slow down and 15% say it's because they've lost their job now, there is an interesting split here between political parties when it comes to cutting back on spending just over 20% of democrats say they're cutting spending because they fear that economic slow down or recession. that's compared to 10% of republicans and 13% of independents here. bonus question for you, becky, who do you think is most likely to impulse buy when it comes to men or women. >> what's impulse buy, buying something
kate rogers is here to tell us more >> good morning. our invest in you survey finds that one third of americans say they've cut their monthly spending in the past year while 45% say they've kept spending about the same and one fifth say they have increased their monthly spend in the past 12 months why are so americans cutting back take a look at this one. of the third who are spending less, 23% say they lost some form of alternative household income, 17% told us it's because they taken on...
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. >>> the nfib is out with its latest confidence report kate rogers is joining us with the details. i saw something go by on the wires about giving back some of the positive gains we saw in recent reports >> that's right. good morning so the index taking a slight dip this month of 1.7 points to 103.3 as uncertainty weighs on small businesses the group says about 30% of business owners reported that recent changes in china trade policy in particular have negatively impacted their businesses the nfib noted there could be some tariff inflation pressures on main street as the number of firms raising prices also ticked higher even with the drop, we're still well above the historical average. this is a look at how optimism has been tracking. we're about 3.5 below the high and small business owners seem to express concerns over the economy and future business conditions nearly he have component fell. biggest drops were those who believe in those who believes it time to expand slight gains were in inventory satisfaction and inventory plant. skilled labor is also a major issue. 21% say it is
. >>> the nfib is out with its latest confidence report kate rogers is joining us with the details. i saw something go by on the wires about giving back some of the positive gains we saw in recent reports >> that's right. good morning so the index taking a slight dip this month of 1.7 points to 103.3 as uncertainty weighs on small businesses the group says about 30% of business owners reported that recent changes in china trade policy in particular have negatively impacted their...
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her sister-in-law kate also visiting watching her friend roger federer romp to victory on tuesday. and revealing that the swiss tennis ace has been helping her son prince george practice his shots. the duchess reportedly telling another guest at wimbledon that federer had played with 5-year-old george apparently his number one fan when he visited the cambridges' home in norfolk. can you imagine, this is a 5-year-old and he's playing with his tennis idol already? federer is an eight-time wimbledon champion so you might say he is a coach fit for royalty. >> i can't imagine being the future king of england either so lots of perks that come with that. >>> we head over to rob. >> all right, amy. look, we've got some serious sabrina carpenter fans here. this is hannah from long island. if we can zoom if her friends called to hang out but said it was a bad time because i was on my way to see sabrina on "good morning america." hopefully we'll hear those songs. hey, look, what are you doing the fourth of july? you go skiing. it's the american way. arapaho basin for the first time since 2011
her sister-in-law kate also visiting watching her friend roger federer romp to victory on tuesday. and revealing that the swiss tennis ace has been helping her son prince george practice his shots. the duchess reportedly telling another guest at wimbledon that federer had played with 5-year-old george apparently his number one fan when he visited the cambridges' home in norfolk. can you imagine, this is a 5-year-old and he's playing with his tennis idol already? federer is an eight-time...
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novak djokovic defeating roger federer and getting that trophy from duchess kate middleton. >> they used to make the trophies out of the different materials in my room and imagining one day i would be standing here. >> reporter: this is the first year wimbledon instituted that tiebreaker, designed to avoid marathons like the 2010 match that lasted 11 hours, over three days. >> i gave it all i hadi feel all right. >> reporter: for players and fans, a wimbledon final to remember sarah harman, nbc news, london. >>> still ahead tonight, amazon prim a few hours. a new warning, though, about those customer reviews maybe you rely on. >>> also a rare look inside the biggest factory of e-cigarettes, juul, and why the ceo is apologizing to parents >>> in just a few hours amazon will release massive discounts for highly anticipated prime day. this year competitors are also getting in on the action, offering big deals of their own. not everyone is on board some amazon workers are preparing to strike. nbc business correspondent jo ling kent has more. >> reporter: the black friday of summer starts ton
novak djokovic defeating roger federer and getting that trophy from duchess kate middleton. >> they used to make the trophies out of the different materials in my room and imagining one day i would be standing here. >> reporter: this is the first year wimbledon instituted that tiebreaker, designed to avoid marathons like the 2010 match that lasted 11 hours, over three days. >> i gave it all i hadi feel all right. >> reporter: for players and fans, a wimbledon final to...