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In its latest decision, the Federal Reserve will hold interest rates steady. The U.S. markets rallied on Fed Chair Jay Powell's comments that the economy is still strong. Nvidia rallied as well; CEO Jensen Huang discussed tariffs, bringing chip manufacturing onshore, and tech innovation. Over a dozen leaders in the U.S. oil and gas industry met at the White House on Wednesday. Energy Secretary Chris Wright discusses that meeting and President Trump's agenda for American power. Plus, tennis legend Stan Smith helped found the ATP in the 1970s. Today he weighs in on the future of the sport, player pay, and his legacy as a player and as the face of a beloved sneaker. Happy March Madness! Chris Wright - 16:07Stan Smith - 30:16 In this episode:Melissa Lee, @MelissaLeeCNBCJoe Kernen, @JoeSquawkKatie Kramer, @Kramer_Katie
Consumer Sentiment data coming in at its lowest levels since 2022 top of the hour… Carl Quintanilla, Melissa Lee, and Michael Santoli broke down the latest as the S&P and Nasdaq look to close out another tough week. Why Richard Bernstein's Deputy CIO says to avoid tech here – and that there's a slowdown ahead. Plus, a deep dive on what to do with Apple shares, as they close out their worst weekly performance since 2020. Tesla also seeing historic declines – shares adding to their longest weekly losing streak ever – more on the company's new tariff warning for the White House. And the latest for Consumer Discretionary stocks – as the sector looks for its worst week since 2023 – and the street works through a chorus of consumer warnings. Also in focus: President Trump taking aim at the CFPB – one with the regulator's former head, Rohit Chopra; Why money is flowing into utilities; and breaking down the potential impact of Trump's promised 200% tariffs on certain European spirits. Squawk on the Street Disclaimer
The year in politics has begun with a bang, with Prime Minister Christopher Luxon announcing a cabinet reshuffle that sees two big portfolios, health and transport, handed to new Ministers. But how will the new Ministers perform in their new jobs, and what did Shane Reti and Melissa Lee do wrong to lose their biggest responsibilities? Also, Donald Trump has been sworn in as the 47th President of the United States. What impact will his policies have on New Zealand and the world? To answer those questions, Rongotai MP and Green transport spokeswoman Julie Anne Genter and National's Wairarapa MP Mike Butterick joined Nick Mills for Politics Thursday. LISTEN ABOVESee omnystudio.com/listener for privacy information.
Nicola Willis says her new role in Cabinet is all about driving New Zealand's growth. The Finance Minister has been given the Economic Growth portfolio, formerly known as the Economic Development portfolio It's been taken off Melissa Lee - who's been stripped of all ministerial responsibilities. Willis says she'll now be taking the lead at the Ministry of Business, Innovation and Employment. "Through that role, I will be making sure that we're responding to businesses, industries, small business owners about what they need to have the confidence to be investing, to be hiring." LISTEN ABOVESee omnystudio.com/listener for privacy information.
Prime Minister Christopher Luxon has kicked off the political year with the first major reshuffle of his Cabinet. Dr Shane Reti has lost Health to Simeon Brown and has been bumped down Cabinet rankings, while Melissa Lee has been stripped of all portfolios, in favour of first-term MP James Meager. Today on The Front Page, we’re joined by NZ Herald political editor Claire Trevett to discuss the big winners and losers. Follow The Front Page on iHeartRadio, Apple Podcasts, Spotify or wherever you get your podcasts. You can read more about this and other stories in the New Zealand Herald, online at nzherald.co.nz, or tune in to news bulletins across the NZME network. Sound Engineer: Richard MartinProducer: Ethan SillsSee omnystudio.com/listener for privacy information.
Nicola Willis says her new role in Cabinet is all about driving New Zealand's growth. The Finance Minister has been given the Economic Growth portfolio, formerly known as the Economic Development portfolio It's been taken off Melissa Lee - who's been stripped of all ministerial responsibilities. Willis says she'll now be taking the lead at the Ministry of Business, Innovation and Employment. "Through that role, I will be making sure that we're responding to businesses, industries, small business owners about what they need to have the confidence to be investing, to be hiring." LISTEN ABOVESee omnystudio.com/listener for privacy information.
The newly demoted Health Minister says he accepts the Prime Minister's decision to take the role off him. Shane Reti has been sacked as health minister, with Simeon Brown taking on the portfolio. Political Editor Jo Moir spoke to Paddy Gower.
Luxon's Government has reshuffled cabinet, including the economic growth development portfolio that saw Nicola Willis take over Melissa Lee's role. EMA head of advocacy, finance and strategy joins the show to discuss what these changes mean for the Government. LISTEN ABOVE. See omnystudio.com/listener for privacy information.
Nicola Willis will pick up a new role with a new name in the Economic Growth Portfolio - formerly the Economic Development Portfolio occupied by Melissa Lee. Willis told Francesca Rudkin she is planning to identify the barriers for small businesses, industry leaders and entrepreneurs. The change is among a variety of shakeups to cabinet - Doctor Shane Reti has lost the health portfolio, Simeon Brown has become the new minister for health and handed over his portfolio to Chris Bishop. Finance Minister Nicola Willis joins the show. LISTEN ABOVE. See omnystudio.com/listener for privacy information.
Like many of us over the summer, Prime Minister Christopher Luxon used his downtime to reflect on the year that had been, and like many of us put together his in and out list for 2025. This is the way young people do New Year's Resolutions these days. But what's in and out took on a new rather crude spin yesterday afternoon when he announced a reshuffle of Ministerial roles for National MPs. Melissa Lee lost all her portfolios. Matt Doocey is handing over ACC, Tourism and Hospitality, and Youth to various other MP's to focus on his Mental Health and Associate Health roles. And Dr Shane Reti passes on the Health portfolio to Simeon Brown, instead picking up a new Universities roles, plus Science, Innovation and Technology. The emphasis on health and economic growth is not a surprise, and while the Prime Minister continues to express confidence in Reti, and spoke of his achievements last year, it's clear he's decided his Minister's skills are better used elsewhere. However, the health goals remain. What the government wants to see is faster cancer treatment, shorter stays in ED's, shorter wait times to see a GP, get a specialist appointment or get an elective treatment. But Health is a beast of a portfolio, and obviously it become clear to the Prime Minister that the New Zealand public is not impressed with the speed of progress towards these targets. I appreciate Luxon's loyalty – others questioned Reti's performance last year - but loyalty doesn't get the job done, and Luxon needs a political operator who can, in his words, deliver and execute. Step on up the Delivery Man, Simeon Brown. Prime Minister Luxon described Dr Reti as a top-quality human being and a team player when asked how he took the news. I couldn't agree more. He's a good guy – I've always found him to be thoughtful, dignified, his intentions genuine, and knowledgeable on the health system. But he wasn't quite so good at communicating how things were moving forward – in simple, decisive, reassuring soundbites. Yes, there were wins – such as the announcement of cancer drugs, another 17 billion being thrown at health over 3 years, and a suggestion of change in culture at Health NZ. But these can't compete with headline grabbing issues the system is facing. Things like staff shortages, governance issues, funding deficits, and the proposal to scale back Dunedin Hospital's rebuild. On top of that, too many front line and senior clinicians said Dr Reti was out of his depth. I wonder if Dr Reti is quietly sighing with relief at being moved on from a portfolio often seen as a poisonous chalice. He might not have had the mongrel to get Health under control quickly enough for the National leader, but that's not to say he won't be effective in his new roles. While the Prime Minister has previously said he sees no need for a reshuffle, this is a positive start to 2025 for Luxon. Sure, if it aint broke don't fix it, but if you think you can do better – then hell yeah, let's go. Hopefully we get a more efficient health system out of it. See omnystudio.com/listener for privacy information.
Prime Minister Christopher Luxon has made a series of changes to his cabinet for the new year. Melissa Lee has been demoted from his ministerial team, taking her economic development and ethnic communities portfolios off her. Lee's economic development portfolio had morphed into economic growth, which has been given to Finance Minister Nicola Willis. “[Willis'] focus will be on leading the Government's growth agenda to unleash the potential of our businesses to grow, develop talent and attract investment,” Luxon said. Nicola Willis says signs of economic recovery are already starting to show. "Our plan is about more than simply getting through the recent economic downturn."See omnystudio.com/listener for privacy information.
Paddy Gower has slammed “keyboard warriors” claiming the media is getting what it deserves for going “woke” amid mass job losses. TV3 journalist and TV host Patrick Gower spoke to Newstalk ZB's Mike Hosking this morning following yesterday's Newshub meeting where the closure of Newshub was confirmed. Hosking asked Gower what he would say to those who say “you go woke, you go broke” and claim the media was bribed by the former Labour government. “Get stuffed, and actually go away and, to use the term they use, do your own research,” Gower fired back. Gower agreed the Public Interest Journalism fund had “branding issues” for media organisations because the public didn't understand where the money was going. “But at the end of the day, I'm not going to sit here and listen to sort of people like that say that kind of thing after I've slaved away my bloody life alongside my colleagues, 25 years in my case, putting damn good news out there. “While we've got a trust problem, we need to address it and explain things that we're doing properly. “When it comes to the sort of Facebook keyboard warriors, I ain't got no time for that, Mike. “I'm about the 250 people who lost a job yesterday and actually the millions of other Kiwis that I know that trust me and trust my colleagues.” Patrick Gower and colleagues on their way to learn Newshub's fate. Photo / Alex Burton Gower told Hosking he didn't know how many of the up to 300 people losing their jobs would remain in media. “Who knows? “I mean, even for myself, I've got no bloody idea what I'll do next.” Gower said he hoped a lot of his colleagues would remain in the field, but recognised it was a difficult time for the industry in New Zealand. “It's that simple, mate, not everybody can survive. “But we've got to be optimistic, we can't kind of give in. “I can say for myself, I'm determined to get back out there.” Hosking asked Gower how many of the employees likely saw the closure coming. “It was always a possibility when we came in under the big company, particularly Warner Brothers Discovery when they'd merged ... some sort of shutdown was always possible. “I've survived a couple myself in the last 14 years or we've been very, very close. “So it was always on the cards.” The state of the economy and the recession have had a huge impact on the media industry, Gower admitted. “We often talk about the big structural problems that are behind all of this, but, hey, let's face it, the economy has absolutely tanked, every single dollar virtually has dropped out of the advertising market. “People are really struggling, [advertising] is the first thing that goes when a business is struggling, everybody knows that. “That has just put insane pressure on all media companies.” Gower said he hadn't seen “anything” broadcasting minister Melissa Lee had done so far for the industry. “I haven't seen anything they've done, but at the same time, the media doesn't need a bailout. “So if anyone's talking about some sort of cash bailout, we don't need that. “The media does need to be able to survive commercially. There are ways that we can do that.” Gower said there are issues that both Governments, current and former, have not addressed that could have helped the media. “There are massive structural problems out there that I just don't think the Government's got their head around. “Paying these Kordia fees, television companies, paying fees to another government organisation for something that we don't really need anymore is just plain nuts. “It is crazy, that is literally jobs going out the door every time they pay those fees.” Gower confirmed his show Paddy Gower Has Issues was not funded by NZ on Air, so wouldn't be funded by TV3′s new model. “There's got to be other ways to do television programmes ... we've got to find commercially successful ways of doing this stuff. Stuff where things get paid for by viewers again. We've got to find a way back to that.” LISTEN ABOVE See omnystudio.com/listener for privacy information.
Melissa Lee & Kebra Tynan join Jim Cahill in this podcast to discuss how Emerson is helping Life Sciences manufacturers address drug development lifecycle challenges with a software-as-a-service (SaaS) based workflow management solution.
Carl Quintanilla, Melissa Lee and David Faber discussed the latest headlines on another busy morning of results out of McDonald's, Pfizer, Ford and more – plus, the playbook for Alphabet results after the bell today. Also in focus: a read from ground at the FII's 8th annual conference - aka ‘Davos in the Desert' – on the heels of a blockbuster panel from our Sara Eisen with 12 of the world's biggest financial CEOs (Goldman's Solomon and Citi's Fraser among them), plus a deep dive on the sector with the street's #1 analyst in the space. Squawk on the Street Disclaimer
Episode 59: Melissa Lee, Principal in Charge of Urban Planning and Community Health at Public Works Partners, joins the podcast to share her unique perspective on urban planning, community health, and the evolving fabric of Pasadena.A fifth-generation Pasadenian, Melissa delves deep into her journey - from her family's historic roots in Pasadena to her transformative experiences in urban planning across New York and New Orleans. This engaging conversation includes Melissa's career shift towards urban planning and public policy following 9/11 and her transformative roles in the community, including working for the New Orleans Redevelopment Authority post-Hurricane Katrina. With her professional and heartfelt personal insights, Melissa provides historical context, wisdom, and anecdotes that celebrate the spirit of Pasadena and an inspiring vision for the future of our cities. The featured music on the podcast is courtesy of Pasadena's own The Nextdoors. Please www.nextdoorsmusic.com and follow them on social media for more information on their next live shows. The Crown City Podcast is produced in partnership with Pasadena Media. For more information about this incredible non-profit serving the Pasadena community, please visit www.pasadenamedia.org. For more information and to support The Crown City Podcast, please visit us at www.thecrowncitypodcast.com Hosted on Acast. See acast.com/privacy for more information.
Melissa Lee and the Investment Committee discuss the Dow hitting a new all-time high ahead of this week's critical fed decision. They debate whether we'll see a 50 basis point cut. Plus, Apple iPhone pre-orders are not hitting their targets, it's our Chart of the Day. And later, the desk debates the latest calls of the day. Investment Committee Disclosures
It's a win for the consumer, with gift cards being given a new lease on life. Parliament has passed a private member's bill —originally put forward by National's Melissa Lee— requiring gift cards to have a minimum expiry date of three years. Consumer NZ's Jessica Walker says one in four gift cardholders end up stuck with a card they can't use. She told Mike Hosking this change brings much need consistency and clarity. Walker says three to six month expiry dates is pretty much allowing the retailers to have money for nothing. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Melissa Lee from Bespoke Only joins us on Beyond the Design to share her extraordinary journey as a first-generation American and her innovative approach to creating empathetic and personalized spaces. Growing up in the milieu of construction sites and her family's real estate ventures, Melissa honed a natural affinity for design that embodies belonging and acceptance. We delve into how Brooklyn's vibrant cultural tapestry shapes her firm's aesthetic, characterized by its nuanced and layered qualities. Melissa's insightful discussion reveals the significance of understanding the human psyche in designing spaces that resonate on a deeply emotional level, highlighted by a standout project in Williamsburg, Brooklyn.We then navigate the intersection of architecture, design, and personal expression, unpacking Melissa's inspiration for founding her own studio. This chapter underscores the importance of a culturally diverse and collaborative team, and explores the adaptability needed for designing across various geographical contexts. Melissa contrasts residential and commercial projects, emphasizing the creative freedom of hospitality design. Wrapping up, we look ahead at Bespoke Only's upcoming ventures, including a new headquarters and a quaint East Hampton cottage, and Melissa's aspirations for future projects, potentially including a boutique hotel. Join us for a rich conversation on crafting spaces that reflect the unique stories and lifestyles of their inhabitants.
Melissa Lee and David Faber tackle today's biggest Money Movers from the floor of the New York Stock Exchange.
Melissa Lee and the Investment Committee discuss the Semi Smackdown as chip stocks get whacked and the Nasdaq heads for its worst day of the year. Plus, we cover the latest Calls of the Day. And later, the desk detail their latest portfolio moves. Investment Committee Disclosures
Heading into the 4th of July holiday, David Faber, Melissa Lee and Mike Santoli discussed what to make of big tech fueling the Nasdaq to a new all-time high. Microsoft, Apple and Amazon entered Wednesday's trading session at record closing highs. Tesla shares continue to rebound in a big way one day after the EV maker's better-than-expected Q2 deliveries. The stock is closer to erasing its steep losses for 2024. Paramount shares soared on M&A news: According to David's sources, the company has reached a preliminary deal with Skydance. Also in focus: Ford Q2 auto sales, Southwest's "poison pill."Marko Kolanovic reportedly out as J.P. Morgan Chief Market Strategist. Squawk on the Street Disclaimer
One day after the Nasdaq snapped its 7-day win streak, Carl Quintanilla, Melissa Lee and Michael Santoli explored what to make of the pullback in the tech sector – with Nvidia extending its Thursday losses and Microsoft replacing the chipmaker as the world's most valuable company. In Italy, Robert Frank spoke exclusively with the CEO of Ferrari about the company's foray into EVs. Also in focus: Bullish analyst calls on Apple and Nike, Sarepta soars, discounts at Starbucks, Oppenheimer Asset Management's chief investment strategist shares his sector picks -- and why he believes it's unlikely we'll see a Fed rate cut this year. Squawk on the Street Disclaimer
Carl Quintanilla, Melissa Lee and Michael Santoli explored the mega-tech rally, with Nvidia surpassing Microsoft and Apple to become the world's most valuable company. The chipmaker extended its gains, helping the S&P 500 and Nasdaq hit fresh record highs. The anchors also reacted to what Elon Musk said at Cannes Lions about advertisers, months after he uttered profane remarks aimed at those who wouldn't place ads on his X platform. Also in focus: Lilly sues to stop counterfeit obesity drugs, Boeing safetly scrutiny, KB Home and Accenture jump post-earnings, Piper Sandler's chief strategist on "softilocks" and the markets, why Amazon is ditching plastic. Squawk on the Street Disclaimer
"Leute... spinn ich oder bin ich hier das Arschloch?!" - Kennt ihr das? Ihr habt Zoff mit jemandem oder euch ist was Blödes passiert und ihr wisst nicht so recht, ob ihr euch gerade danebenbenehmt oder die andere Person völlig abdreht. Bei AM I THE ASSHOLE? geht's genau darum: Leute posten ihre Storys ins Internet und andere Leser:innen können abstimmen, ob sie das "Arschloch" in der Geschichte sind oder nicht. Melissa und Kostas hatten euch einen Haufen solcher Storys mitgebracht und mit euch darüber diskutiert!
Carl Quintanilla and Melissa Lee tackle today's biggest Money Movers including Stifel predicting the S&P could see a 10% correction from all-time highs. Then With Nvidia surpassing a three trillion dollar market cap, how can investors identify AI bubbles? Plus a few high profile Silicon Valley investors switch political camps, hosting a mega-donor fundraiser.
It's impossible to ignore the chatter about Ozempic, Wegovy, and other weight-loss medications that have hit the market in the last few years. This week, Hims & Hers -- a telehealth company known for discreetly treating erectile dysfunction, balding, and other sensitive conditions -- announced the launch of their own off brand weight-loss injection, sparking a boost in their stock prices. Melissa Lee, Host of CNBC's Fast Money, takes us into the marketplace for GLP-1 agonist drugs, Ozempic dupes sold online, and what the popularity of these drugs on Wall Street means for patients.
Carl Quintanilla and Melissa Lee tackle today's biggest Money Movers from the floor of the New York Stock Exchange.
Carl Quintanilla and Melissa Lee tackle today's biggest Money Movers from the floor of the New York Stock Exchange.
Jungs sind impulsiv und laut, Mädchen zurückhaltend und fleißig - solche Vorstellungen sind in unserer Gesellschaft verbreitet. Melissa Lee und Kostas wollten von euch wissen: Wie präsent sind Geschlechterrollen in eurem Leben und schränken sie euch ein? In eurem Style, eurem Beruf, eurer Liebe, euren Hobbys? Habt ihr euch von diesen Bildern vielleicht sogar gelöst? Oder ist für euch das Thema Geschlechterrollen gar nicht relevant? Was bedeuten sie für alle, die sich nicht im binären Geschlechterspektrum wiederfinden, sich also nicht als Mann oder Frau identifizieren? Unser Podcast-Tipp: https://1.ard.de/malteunddiealte
Jim Bianco joins CNBC to discuss the BOJ Yen Intervention, US Bond Market & Next Week's Fed Meeting with Melissa Lee and the Fast Money Cast.
The new Media and Communications Minister says the sector isn't broken but is under pressure. The Prime Minister handed the portfolio to Paul Goldsmith after stripping it from the embattled Melissa Lee. He told Andrew Dickens that there are challenges to work through. Goldsmith says there's been colossal change in how people collect their news in the last decade, and the advertising revenue which used to sustain it is under pressure. LISTEN ABOVE See omnystudio.com/listener for privacy information.
On the Mike Hosking Breakfast Full Show Podcast for Friday 26th April Andrew Dickens filled in for Mike, getting legal analysis of the Karen Chhour and Waitangi Tribunal legal stoush - which is far from over. Andrew found out why there's concerns for the next cruise ship season, and what impact it will likely have on New Zealand's economy. Plus, the new Media and Communications Minister Paul Goldsmith explained how he'll be a different Minister to Melissa Lee. And in a week dominated by Taylor Swift we ended the week with the superstar breaking yet more streaming records. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVE See omnystudio.com/listener for privacy information.
In this week's edition of Midweek Mediawatch, Hayden Donnell talks to Emile Donovan about the departure of broadcasting minister Melissa Lee - and the arrival of the next one Paul Goldsmith. Also: a controversial TV interview with the Israeli ambassador - and some truly startling stuff in a Stuff illustration.
Winston Peters and Helen Clark are at loggerheads over New Zealand inching towards "pillar two" status in a pact geared against China. Is cross-party unity on our foreign policy status splintering, and what does "pillar two" really mean? Plus: public sector cuts are suddenly becoming very real. What are the implications for the public services and what is the political risk? How is Melissa Lee navigating the media inferno in a coalition cabinet? And a stirring defence of the history curriculum. Learn more about your ad choices. Visit megaphone.fm/adchoices
On the Mike Hosking Breakfast Full Show Podcast for Tuesday 16th of April, a former advisor for George W. Bush joined to dig into the beginning of Trump's 'hush money' trial, which is the first time in history a former president has faced a criminal trial. Finance Minister Nicola Willis filled in while the Prime Minister is overseas, and talked the CPI number, the public service sector, and whether Melissa Lee actually has any sort of plan for the media. UK comedian and former doctor Adam Kay joined the program ahead of bringing his hit West End show to kiwi audiences for the NZ International Comedy Festival. Get the Mike Hosking Breakfast Full Show Podcast every weekday morning on iHeartRadio, or wherever you get your podcasts. LISTEN ABOVESee omnystudio.com/listener for privacy information.
The media and communications minister Melissa Lee says she is focused on ensuring New Zealand's media industry is sustainable and modernised, and she is looking at reviewing the Broadcasting Act. RNZ political editor Jo Moir spoke to Corin Dann.
Mounting pressure on the Broadcasting Minister to act as turmoil wages on the media industry. Newshub has confirmed that it's closing on July 5th, while TVNZ is cutting four of its major programmes. Melissa Lee says yesterday was a shocking day for media, and she feels for the people who are losing their jobs. She told Mike Hosking that the Broadcasting Act was designed well before the internet and doesn't account for how news consumption has changed. Lee says news is 24/7 but regulations haven't kept up with modern technology, so they need to be brought up to speed. LISTEN ABOVE See omnystudio.com/listener for privacy information.
Paddy Gower has slammed “keyboard warriors” claiming the media is getting what it deserves for going “woke” amid mass job losses. TV3 journalist and TV host Patrick Gower spoke to Newstalk ZB's Mike Hosking this morning following yesterday's Newshub meeting where the closure of Newshub was confirmed. Hosking asked Gower what he would say to those who say “you go woke, you go broke” and claim the media was bribed by the former Labour government. “Get stuffed, and actually go away and, to use the term they use, do your own research,” Gower fired back. Gower agreed the Public Interest Journalism fund had “branding issues” for media organisations because the public didn't understand where the money was going. “But at the end of the day, I'm not going to sit here and listen to sort of people like that say that kind of thing after I've slaved away my bloody life alongside my colleagues, 25 years in my case, putting damn good news out there. “While we've got a trust problem, we need to address it and explain things that we're doing properly. “When it comes to the sort of Facebook keyboard warriors, I ain't got no time for that, Mike. “I'm about the 250 people who lost a job yesterday and actually the millions of other Kiwis that I know that trust me and trust my colleagues.” Patrick Gower and colleagues on their way to learn Newshub's fate. Photo / Alex Burton Gower told Hosking he didn't know how many of the up to 300 people losing their jobs would remain in media. “Who knows? “I mean, even for myself, I've got no bloody idea what I'll do next.” Gower said he hoped a lot of his colleagues would remain in the field, but recognised it was a difficult time for the industry in New Zealand. “It's that simple, mate, not everybody can survive. “But we've got to be optimistic, we can't kind of give in. “I can say for myself, I'm determined to get back out there.” Hosking asked Gower how many of the employees likely saw the closure coming. “It was always a possibility when we came in under the big company, particularly Warner Brothers Discovery when they'd merged ... some sort of shutdown was always possible. “I've survived a couple myself in the last 14 years or we've been very, very close. “So it was always on the cards.” The state of the economy and the recession have had a huge impact on the media industry, Gower admitted. “We often talk about the big structural problems that are behind all of this, but, hey, let's face it, the economy has absolutely tanked, every single dollar virtually has dropped out of the advertising market. “People are really struggling, [advertising] is the first thing that goes when a business is struggling, everybody knows that. “That has just put insane pressure on all media companies.” Gower said he hadn't seen “anything” broadcasting minister Melissa Lee had done so far for the industry. “I haven't seen anything they've done, but at the same time, the media doesn't need a bailout. “So if anyone's talking about some sort of cash bailout, we don't need that. “The media does need to be able to survive commercially. There are ways that we can do that.” Gower said there are issues that both Governments, current and former, have not addressed that could have helped the media. “There are massive structural problems out there that I just don't think the Government's got their head around. “Paying these Kordia fees, television companies, paying fees to another government organisation for something that we don't really need anymore is just plain nuts. “It is crazy, that is literally jobs going out the door every time they pay those fees.” Gower confirmed his show Paddy Gower Has Issues was not funded by NZ on Air, so wouldn't be funded by TV3′s new model. “There's got to be other ways to do television programmes ... we've got to find commercially successful ways of doing this stuff. Stuff where things get paid for by viewers again. We've got to find a way back to that.” LISTEN ABOVE See omnystudio.com/listener for privacy information.
Melissa Lee and the Investment Committee discuss the AI trade as Nvidia gears up for its global AI developers conference. Plus, Google is our chart of the day, as the company is in talks with Apple so they can join forces in the AI arms race. And later, we cover some Calls of the Day on Netflix, Fedex, Darden and more. Investment Committee Disclosures
Schüchtern, eine große Nase oder viele Pickel. Sich selbst zu verstehen und wertzuschätzen ist keine leichte Aufgabe, vor allem wenn Social Media-Ideale die ganze Zeit dazwischencrashen. Melissa und Kostas haben euch gefragt: Wie steht ihr zu euch selbst? Wie sicher seid ihr mit eurem Können, euren Werten und wie wohl fühlt ihr euch in eurem Körper? Welche Rolle spielen Schönheitsideale und gesellschaftliche Normen? Die beiden finden: Es tut so gut, sich darüber auszutauschen, dann merkt man nämlich, dass da wirklich alle durchgehen.
On this episode of On The Tape, Dan Nathan and Guy Adami are joined by Brian Belski, chief investment strategist at BMO, and talk about his outlook for the stock market. They cover the following topics: stock market sentiment (3:00), how to look at volatility (9:00), Nvidia (14:00), his process for making price targets (18:30), goldilocks economy (22:30), bank stocks (25:00), what concerns him about the markets (27:30), inflation/unemployment (30:30), the tech sector (35:00), and his background (38:20). Later, Guy and Dan sit down with Melissa Lee, host of CNBC's Fast Money, to discuss her latest documentary Big Shot: The Ozempic Revolution (45:15), pushing back on Dan/Guy's bear thesis (1:01:30), how she prepares for the show and manages her day-to-day (1:15:00). Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe — About the Show: On The Tape is a weekly podcast with CNBC Fast Money's Guy Adami, Dan Nathan and Danny Moses. They're offering takes on the biggest market-moving headlines of the week, trade ideas, in-depth analysis, tips and advice. Each episode, they are joined by prominent Wall Street participants to help viewers make smarter investment decisions. Bear market, bull market, recession, inflation or deflation… we're here to help guide your portfolio into the green. Risk Reversal brings you years of experience from former Wall Street insiders trading stocks to experts in the commodity market. — Check out our show notes here See what adding futures can do for you at cmegroup.com/onthetape. — Shoot us an email at OnTheTape@riskreversal.com with any feedback, suggestions, or questions for us to answer on the pod and follow us @OnTheTapePod on Twitter or @riskreversalmedia on Threads — We're on social: Follow @GuyAdami on Twitter Follow Danny Moses @DMoses34 on Twitter Follow Liz Young @LizYoungStrat on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page The financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.
A week after the pending demise of Newshub and the loss of 300 jobs was made public, the Broadcasting Minister is finally fronting up for a live interview . Warner Brothers Discovery, which owns Newshub, plans to axe all local news and current affairs programs by June 30th. Network bosses told staff, advertising revenues have dissolved more quickly than expected, meaning the channels current business model is not financially sustainable. That same week, web news service Stuff also made staff redundant. Meanwhile, TVNZ lost almost 17 million dollars in the 6 months to December. Its CEO has signalled strongly that cuts are coming. Media and communications Minister Melissa Lee speaks to Lisa Owen.
Christopher Luxon can't catch a break. His prime ministerial house is shabby. His prime ministerial plane is borked. But, ask Toby Manhire, Annabelle Lee-Mather and Ben Thomas, how foreseeable was the blowback to his decision to take the $52k accommodation allowance to stay in his own mortgage-free Wellington apartment, how tin-eared was it to declare, repeatedly, that he was entitled to his entitlements, thank you very much, and the swift talkback-driven U-turn? It came hot on the heels of a whiplash week in parliament, with legislation to bin the Māori Health Authority, roll back smokefree legislation and unban pseudoephedrine. Is the government stretching the use of urgency to its legitimate limit? Elsewhere in a new edition of the Spinoff politics podcast Gone By Lunchtime: Warner Brothers Discovery has issued a death warrant for Newshub, all of Three's news operations and a bunch of other local content. What does it mean for democracy, and how was the response from Melissa Lee and the rest? Plus: A word on Grant Robertson, who is leaving politics. Learn more about your ad choices. Visit megaphone.fm/adchoices
Officials warned the Broadcasting Minister in November that media companies would soon be requesting bailouts if the government didn't progress a law forcing digital platforms to pay for local content. Staff from the Ministry for Culture and Heritage sent out the advice months before the collapse of Newshub. Melissa Lee says she is waiting to hear from the select committee in May before deciding whether to go ahead with the bill. RNZ investigative reporter Guyon Espiner spoke to Ingrid Hipkiss.
Newly released documents show officials warned the government that media outlets would soon be requesting bailouts if the Fair Digital News Bargaining Bill was not progressed. The Bill aims to make platforms like Meta and Google pay for news that appears on their social media channels. The Broadcasting Minister Melissa Lee has previously opposed it, calling it "another tax." Now she says she will wait to hear back from the select committee overseeing the Bill in May before deciding whether to proceed. Melissa Lee declined our request for an interview. Victoria University media specialist and chair of the Better Public Media lobby group Peter Thompson spoke to Ingrid Hipkiss.
Broadcasting Minister Melissa Lee says there won't be a handout for embattled media network Newshub after yesterday's shock announcement it will shut down at the end of June. The Minister, who has come under heavy criticism for not fronting for interviews, says she has not been sitting idle. Melissa Lee said whilst she'd speak to stakeholders about relief, there would be nothing from government coffers. And as Anastasia Hedge reports, that news has the nation talking not just about who watches the news but also its future.
President Biden spoke to reporters yesterday, rebutting claims made in Special Counsel Robert Hur's recent report and defending his memory. Axios National Political Correspondent Alex Thompson discusses sentiment in DC and at the White House, as well as the paths forward for the Democratic Party as the country gears up for the 2024 election in just 9 months. The S&P 500 is flirting with a milestone: 5,000. Fairlead Strategies Founder Katie Stockton breaks down the market technicals and trends underlying this big mark for the S&P. Plus, Expedia announced a new CEO in its latest report, and Pinterest is launching a Google app integration. And we're preparing for the Super Bowl…with chips! OpenAI's Sam Altman is hoping to raise trillions of dollars for the semiconductor kind of chips, and Joe Kernen, Andrew Ross Sorkin, and Melissa Lee have their appetites on the other kind of chips. Alex Thompson - 15:19Katie Stockton - 31:08 In this episode:Alex Thompson, @AlexThompKatie Stockton, @StocktonKatieJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkinMelissa Lee, @MelissaLeeCNBCKatie Kramer, @Kramer_Katie
Jim Bianco joins CNBC to give his take on Fed Rate Cuts, Bond Yields & Sticky Inflation with Melissa Lee and the Fast Money Cast.
The pressure on commercial real estate borrowers is amping up, but so is insider buying at the regional banks lending them money. (00:15) Bill Mann and Dylan Lewis discuss: How rising rates and low occupancy rates continue to put pressure on interest-only commercial real estate borrowers. The follow-on effects that could hit regional banks. Why insiders at regional banks are buying up shares despite the pessimism. (13:27) Ricky Mulvey talks with CNBC host Melissa Lee to talk about the new documentary "Making of the Meme King" and why founding a company is much different than turning one around. Companies discussed: LOB, CHWY, GME, BBBY, BABA Host: Dylan Lewis Guests: Bill Mann, Ricky Mulvey, Melissa Lee Producer: Ricky Mulvey Engineers: Rick Engdahl, Dan Boyd