Editor in chief of Bloomberg Businessweek, megan murphy. One of the most genderneutral equal societies, and they are having a me too movement. Ia this is something this is something that is really interesting. It is still focused on individuals and bad behavior, outrage, anger. Sweden is one of the most genderneutral equal countries smaller gap and. Abor force, a 4. 5 wage gap but really focused on policies. How can we use this moment . Criminal penalties for sex abuse, education, really meaningful realworld change. In america, sometimes were not ofa dad taking these moments outrage and connecting them to do anything with it for change. Meia what is fascinating to about this, there seems to be far more protections for women, they have a strange culture of silence. They see all sorts of sectors in sweden, too. This is a country that is modeled on, in part, because of the regressive paternity leave policy and making sure that men carry an equivalent burden of childrearing. Thate all the
I think the president wants to do everything i can. Were changing to a system where who knows what happens. That governor may seek a waiver. Hopefully that fund is going to cover their preexisting conditions. It is a big change for people who live with those kinds of illnesses. We have a very diffet view of this. My view and i think the president of you is that obama care obamacare if you have a preexisting condition and you no longer had a Healthcare Provider or your premiums are going to the roof then you dont have a coverage and we just read that. Why change the preexisting conditions. We are strengthening. Lived in everything we can. Sure he can. I think the fundamental point that seems to be getting lost is that if you have obama care right now in case after case you are losing it. If you have a preexisting condition and you have a card that says obamacare then you dont have coverage. We are guaranteeing it. They made it very clear that preexisting conditions are covered in the bi
Exchange on cnbc. Im wilfred frost. Im sara eisen live in Orlando Florida at the icr investment conference, one of the premiere conferences where Consumer Companies gather to talk about the state of the industry. Boy, has the outlook changed after the election. Couldnt be more timely to talk to some of these ceos in restaurants and retail about what theyre seeing in consumer behavior. We saw a spike in Consumer Confidence after november 9th what do they expect when it comes to Corporate Tax reform . A lot of companies today are domestic. They pay high effective tax rates and are looking forward to lower rates. On the flip side, starting to see Wage Inflation paying workers more in fast food industries. Does that mean you can pay more for your food . A lot of issues on the table. Well talk to ceos across a wide swath of industries. In this hour, the ceo of elf cosmetics, one of the hottest ipos in 2016, in what was a lackluster year for ipo activity. They sell makeup for under 20. Theyv
That is one crazy piece of video. Im melissa lee. The record run continues today. The dow hitting a new alltime high. The s p 500 close and the nasdaq is having its best with oneday gain in nearly a month. Tech stocks are rallying and so are financials. Small caps do well with the russell 2,000 with the best day since november 11th. Im tyler mathisen. Here is what else is happening. North Carolina Governor Pat Mccrory conceding his reelection effort to democrat roy cooper. The ism nonmanufacturing index moving for the 82nd straight month. Its not as it is now at its highest level since october of last year. And National Steak and poultry is recalling nearly 2 Million Pounds of readytoeat chicken probabilities because of possible bacterial contamination. Marcus is here, the profit is in the house, he will be with us throughout the show, the whole show, with so much to talk about. So much. A lot of things from politics to the markets and much more. Yep. But first, to the trump rally and
Smartphone maker. Samsung losing ground to apple. And some some electronics posting the biggest drop in quarterly profit in almost five years. Is as samsung struggled to maintain its leadership in the smartphone business. Its other divisions are now putting these in the spotlight. The Company Announced yesterday it plans to build a 15 billion chip plant in south korea. For more on samsungs involving our guest joins me now. In mu of the smartphone sales, the chip business is doing well. It is. One of the things happening with chip sales and specifically memory is that you have a consolidated market. You have fewer suppliers. There is not much supply coming on line, and as a result prices are controlled. And demand is ok. Lots of memory going into smartphones and tablets, and even the pc business. The good old pc business. Exactly. They are not dead yet. Fewer players control pricing, and so they are doing fine. As one business struggles with samsung, they are trying to pivot to the chip