Police in Pennsylvania are questioning a man on Monday in connection with the fatal shooting of UnitedHealthcare CEO Brian Thompson, NBC News reported. The man was found with a gun that is similar to the one used to kill the 50-year-old Thompson by a masked gunman last Wednesday in New York City, according to NBC. The unidentified man also was found in possession of a silencer and a fake New Jersey identification. Find the latest: cnb.cx/3Bo2bJr
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Welcome to CNBC's home on LinkedIn! Follow us for regular updates about financial news, top CNBC.com stories, behind-the-scenes moments and more. CNBC, Inc. provides business news in the United States and Canada. It provides real-time financial market coverage and business information. The company, through its Web site, cnbc.com, provides real-time market analysis; video programming daily; industry and topic-specific blogs; cnbc.com live stream, a long-form scheduled programming of events; charts; and investing tools. The company was founded in 1989 and is headquartered in Englewood Cliffs, New Jersey. CNBC, Inc. operates as a subsidiary of NBC Universal, Inc.
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Comcast Cable CEO Dave Watson told investors on Monday that the company expects to lose more than 100,000 broadband subscribers during the fourth quarter as the market remains "competitively intense." Comcast shares dropped more than 8% following Watson's remarks at the UBS Global Media and Communications Conference on Monday. Cable broadband growth has been in the midst of an ongoing slump. While executives have also pinned the drop on the slowdown in the buying and selling of homes — noting that there are fewer people signing up for cable when they get a new house — the ramped-up competition from wireless providers like Verizon and T-Mobile has played a big role, too.
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After a decade of interviewing and studying more than 1,000 workers — from Fortune 500 CEOs to Chipotle kitchen managers — Harvard researchers might have cracked the code to being happier at work. The secret, according to the researchers, is to focus on progress over perfection in your career, which leads to greater fulfillment than chasing a "dream job" that ticks all of your boxes. In other words, "identify what energizes you, understand what your priorities are and embrace the trade-offs needed to get there," Michael B. Horn, a co-author of the research and lecturer at the Harvard Graduate School of Education, tells CNBC Make It.
Harvard researchers: The people who are happiest with their careers share this mindset
cnbc.com
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TikTok in a court filing Monday warned that U.S. small businesses and social media creators would lose $1.3 billion in revenue and earnings in just one month if the popular app is effectively shut down in the United States on Jan. 19, under provisions of a law targeting national security concerns about its China-based parent company. "Those numbers would only increase if the shutdown extends for more than a month," said Blake Chandlee, president of global business solutions for TikTok, in that court filing. Chandlee's declaration came as his company asked a federal appeals court to temporarily block a law that would require app stores operated by Apple and Google, and internet providers to stop supporting TikTok on Jan. 19 unless its parent company ByteDance sells the app.
TikTok says ban would cost U.S. small businesses, creators $1.3 billion in first month
cnbc.com
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CNBC’s Steve Kovach discusses the latest Apple Intelligence release which includes ChatGPT integration. Watch more: cnb.cx/4fZVuMK
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Police in Pennsylvania are questioning a man on Monday in connection with the fatal shooting of UnitedHealthcare CEO Brian Thompson, NBC News reported.
Brian Thompson killing: Man questioned in Pennsylvania in UnitedHealthcare CEO slaying
cnbc.com
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Optimism about household finances hit a multiyear high following Donald Trump's presidential election victory in November, according to a New York Federal Reserve survey released Monday. Households expecting their financial situations to be better a year from now jumped to 37.6%, an increase of about 8 percentage points from October, the central bank's survey of approximately 1,300 heads of households showed. That was the highest reading since February 2020, just before the Covid-19 pandemic hit. In conjunction with the rise of optimism, the level of those who expect their financial situation to get worse moved down to 20.7%, off nearly 2 percentage points from a month ago and the lowest since May 2021.
Household finance outlook hits highest since February 2020 following Trump win, New York Fed survey shows
cnbc.com
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Most credit cards have a variable rate with a direct connection to the Federal Reserve's benchmark. It follows that credit card rates spiked along with the Fed's string of 11 rate hikes starting in March 2022. The average annual percentage rate rose from 16.34% at that time to more than 20% today — near an all-time high. But when the Fed started slashing interest rates in September, with an initial cut of half a percentage point, the average credit card interest rate fell by just 0.13%. The Fed has since cut rates by another quarter point.
The Fed slashed interest rates, but some credit card APRs aren't going down. Here's why
cnbc.com
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CNBC reposted this
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DETROIT — Well-known Stellantis executive Tim Kuniskis will be returning to the automaker, effective immediately, CNBC has learned. Kuniskis, who left the automaker earlier this year, will once again lead the company's Ram Truck brand, according to two sources familiar with the decision. The sources, who agreed to speak on the condition of anonymity to discuss the move, said the company's leadership team alerted employees of the decision earlier Monday. His return comes roughly a week after Stellantis CEO Carlos Tavares unexpectedly resigned from the automaker.
Ex-Dodge, Ram boss Tim Kuniskis returning to Stellantis
cnbc.com