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May 28, 2021
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eamon javers has that developing story for you coming up right after this so you're finally supporting his rock star dream... because you know you have a plan to pay it off. buy now, pay later, with plan it. one of the many things you can expect when you're with amex. wanna help kids get their homework done? well, an internet connection's a good start. but kids also need computers. and sometimes the hardest thing about homework is finding a place to do it. so why not hook community centers up with wifi? for kids like us, and all the amazing things we're gonna learn. over the next 10 years, comcast is committing $1 billion to reach 50 million low-income americans with the tools and resources they need to be ready for anything. i hope you're ready. 'cause we are. >>> welcome back memorial day weekend is here thank goodness covid is won the run cases crashing all over the country. with it, life comes back to normal for the most part as new york city parks and beaches are open and welcoming you back. joining us now is mitchell silver the commissioner of the new york city parks department.
eamon javers has that developing story for you coming up right after this so you're finally supporting his rock star dream... because you know you have a plan to pay it off. buy now, pay later, with plan it. one of the many things you can expect when you're with amex. wanna help kids get their homework done? well, an internet connection's a good start. but kids also need computers. and sometimes the hardest thing about homework is finding a place to do it. so why not hook community centers up...
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May 11, 2021
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eamon javers, thank you. really amazing story.digital energy future. amy, thank you for joining us. i hope we are not making too much of it but you, more than anybody, got my point there are hundreds of pipelines. some hacker group could have targeted a pipeline that runs from nebraska to illinois bad tfor them, but not national scale. they went after the biggest and most important, but the most important by a magnitude, correct? >> this is no question this is the jugular of the u.s. fuel system. we have a lot of vital activities that rely on this pipeline for day-to-day activity you mentioned virginia is home to military bases. this is a major attack and it's a ridiculous idea to think there is a hacker out there that accidentally tried to take down the entire u.s. fuel system. we need to approach this -- this is a wake-up call. i tell people this is a sputnik moment we need to understand what is done in the country. the budgets we have allocated to cybersecurity are minuscule compared to the challenge. the oil industry was aslee
eamon javers, thank you. really amazing story.digital energy future. amy, thank you for joining us. i hope we are not making too much of it but you, more than anybody, got my point there are hundreds of pipelines. some hacker group could have targeted a pipeline that runs from nebraska to illinois bad tfor them, but not national scale. they went after the biggest and most important, but the most important by a magnitude, correct? >> this is no question this is the jugular of the u.s. fuel...
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May 10, 2021
05/21
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when we come back, eamon javers is here.e he will have more on the government response to the digital assault on the colonial pipeline what do we know about the hackers? >>> and kate rogers looks at the sector in desperate need of a few good workers >>> and diving in to what may be the top financial story of the year that may hit you even if you don't own stocks it's the soaring cost of wood. we're back with dow futures up 78 stick around modern or reliable. we want both - we want a hybrid. so do banks. that's why they're going hybrid with ibm. a hybrid cloud approach helps them personalize experiences with watson ai while helping keep data secure. ♪ ♪ ♪ from banking to manufacturing, businesses are going with a smarter hybrid cloud, using the tools, platform and expertise of ibm. ♪ ♪ ♪ ♪ ♪ look, if your wireless carrier was a guy you'd leave him tomorrow. not very flexible. not great at saving. you deserve better... xfinity mobile. now they have unlimited for just $30 a month... $30. and they're number one in customer satis
when we come back, eamon javers is here.e he will have more on the government response to the digital assault on the colonial pipeline what do we know about the hackers? >>> and kate rogers looks at the sector in desperate need of a few good workers >>> and diving in to what may be the top financial story of the year that may hit you even if you don't own stocks it's the soaring cost of wood. we're back with dow futures up 78 stick around modern or reliable. we want both - we...
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May 18, 2021
05/21
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in a moment, cnbc washington correspondent eamon javers on the political pressure here at home first, nbc's chief foreign correspondent richard engel with the latest on the ground in tel aviv richard, we hear talk of a serious fire, but do you see evidence of a cease fire. >> reporter: not at this stage, no there's the lot of indications why both sides might want to pull back at this stage. this conflict is already putting pressure on israeli society, and we're seeing kinds of stresses emerge that israel is not confid comfortable with, seeing its own arab population starting to take to the street. it's seeing the conflict spreading to the west bank there are reasons israel might want to pull it back but it wants to end on its own terms. it does not want to give hamas a victory, it wants to deal the final blows, and i think that's what you you saw benjamin netanyahu say this offensive i going to continue, and israel will continue to hit more targets, and he says there are still more targets to hit before israel completes its mission, and in gaza, hamas is not showing signs of relenting
in a moment, cnbc washington correspondent eamon javers on the political pressure here at home first, nbc's chief foreign correspondent richard engel with the latest on the ground in tel aviv richard, we hear talk of a serious fire, but do you see evidence of a cease fire. >> reporter: not at this stage, no there's the lot of indications why both sides might want to pull back at this stage. this conflict is already putting pressure on israeli society, and we're seeing kinds of stresses...
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May 18, 2021
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now a new ad campaign is taking on what it's calling woke capitalism eamon javers joins us with the detailsright, eamon >> that's right, kelly this group is called consumers research, a conservative organization it's a nonprofit and they're running what they say is a seven-figure ad campaign designed to push back on some of what they criticize as woke capitalism they're sharply critical of ceos by name of american airlines, coca-cola and nike the whole campaign is designed to force companies to reconsider some of their political stances that they have taken the ads will run on cnbc and fox business and in the local stations in the markets where these companies ar headquartered. the financing, and this is an important detail, is not disclosed here so the group is not saying who is paying for all these television ads as you look at some of these ads, they look very much like political campaign ads, opposition research backed negative campaign advertising, except in this case it's the ceos themselves who are the opposition candidate they're going after american airlines ceo for high pay and ta
now a new ad campaign is taking on what it's calling woke capitalism eamon javers joins us with the detailsright, eamon >> that's right, kelly this group is called consumers research, a conservative organization it's a nonprofit and they're running what they say is a seven-figure ad campaign designed to push back on some of what they criticize as woke capitalism they're sharply critical of ceos by name of american airlines, coca-cola and nike the whole campaign is designed to force...
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May 28, 2021
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eamon javers now eamon?ay reporting has to come within 12 hours of discovering a cyber-incident owners and operators of pipelines like colonial will have to designate a coordinator to work with to work with tsa and the agency when there's an emergency. operators will have 30 days to find any gaps in the protections and come up with plans to fix those problems companies that don't get their act together could face financial penalties. all told, about 100 companies will be affected the question is, is it already too late for the regulations >> whether it's too late or not, people would condemn them if they did nothing obviously any action is better than no action when it comes to cybersecurity. >> what about action on other pieces of critical infrastructure things like the electric grid, refineries, wind, solar, even nuclear power? official say each sector have their own rules. all applying to cybersecurity. the concern here is there could be other gaps that leave critical industries unprotected. the governmen
eamon javers now eamon?ay reporting has to come within 12 hours of discovering a cyber-incident owners and operators of pipelines like colonial will have to designate a coordinator to work with to work with tsa and the agency when there's an emergency. operators will have 30 days to find any gaps in the protections and come up with plans to fix those problems companies that don't get their act together could face financial penalties. all told, about 100 companies will be affected the question...
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May 12, 2021
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. >> we've got breaking news here on the colonial pipeline eamon javers has the latest. eamon? >> colonial pipeline saying it has begun the restart process on its pipeline that disrupted the gas supply up and down the east coast of the united states here's the statement from colonial at 5:10 p.m initiated the restart of pipeline operations at approximately 5 p.m. just about 20 minutes ago now. following the restart, it will take several days for the product delivery supply chain to return to normal some by colonial pipeline may experience or continue to experience intermittent service interruptions during the start-up period. colonial will move as much as is safely possible and continue to do so until markets return to normal that's the statement from colonial they are restarting right now. clearly, colonial feels confident to have gotten the technical problems behind them here we saw the reporting from the "washington post" earlier today that thfelt they did not need t pay the ransom because they had a technical solution to the situation that didn't require them getting the en
. >> we've got breaking news here on the colonial pipeline eamon javers has the latest. eamon? >> colonial pipeline saying it has begun the restart process on its pipeline that disrupted the gas supply up and down the east coast of the united states here's the statement from colonial at 5:10 p.m initiated the restart of pipeline operations at approximately 5 p.m. just about 20 minutes ago now. following the restart, it will take several days for the product delivery supply chain to...
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May 10, 2021
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eamon javers, paraphrase job, we greatly feared this coming upon us hackers hit major u.s. infrastructure shutting it down? >> absolutely. yeah, jon. look at this this story got really weird this morning. not only hitting major infrastructure, also posting a statement on the dark web expressesing remorse for that. a group at han here calmled dark side relatively new tracked by researchers posted a comment on their website, dark side leaks saying we are apolitical and do not participate in geopolitics do not need to tie us with defined government our goal ask creating money. and promise reforms's from today we introduced moderation and check each company that it our partners want to endravoid socil consequences in the future locking up a gas pipeline on the east coast of the united states and causing enormous economic damage on the other hand saying, sorry about that we're going to change our ways and have reforms here to our process. not clear what that means for colonial pipeline, if they have to pay the ransom or not something very unusual is going on here. so who is dark
eamon javers, paraphrase job, we greatly feared this coming upon us hackers hit major u.s. infrastructure shutting it down? >> absolutely. yeah, jon. look at this this story got really weird this morning. not only hitting major infrastructure, also posting a statement on the dark web expressesing remorse for that. a group at han here calmled dark side relatively new tracked by researchers posted a comment on their website, dark side leaks saying we are apolitical and do not participate in...
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May 25, 2021
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eamon javers has that. >> reporter: the direct of columbia filing an antitrust lawsuit against amazon attorney general is alleging that amazon is anti-competitive in the way it handles third-party resalers on its sites saying that the third-party resellers are required to not post any prices anywhere else outside of amazon that are lower than the prices that they charge on amazon therefore, the attorney general is arguing here the other resellers are required to, then, plus up their prices in effect to include all of amazon's fees and everything that it charges those third party retailers. amazon moving prices up throughout the online retail marketplace, and, therefore, that is anti-competitive that lawsuit just filed a couple moments ago and announced here in the district of columbia. we'll reach out to amazon and get their response to the lawsuit as soon as we can have it, carl back to you. >> eamon a question for you. it's interesting to see the ag make this argument based on the fact that amazon is raising prices for consumers you know, others could argue amazon does a lot in hts
eamon javers has that. >> reporter: the direct of columbia filing an antitrust lawsuit against amazon attorney general is alleging that amazon is anti-competitive in the way it handles third-party resalers on its sites saying that the third-party resellers are required to not post any prices anywhere else outside of amazon that are lower than the prices that they charge on amazon therefore, the attorney general is arguing here the other resellers are required to, then, plus up their...
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May 7, 2021
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an enormous jump from the month before cnbc's eamon javers has been looking into all of this eamon?ke shipping confirmation textsn or fedex orf th they look like they're coming from amazon or fedex or one of the other shippers, with so many of us home during the pandemic and shopping online, that's one way the fraudsters think they can trick us into clicking on our link, when our phone buzzes with a new incoming text but some of the scams are a lot more sophisticated than that one. here's a scam test captured by the cybersecurity firm trusted text it takes you to this site that looks just like the department of family services where ohioans apply for unemployment benefits. but it's not it's a fake. it's designed to trick people to enter in their social security numbers and pin numbers and steal their unemployment checks. these criminals are taking advantage of desperate people who lost their jobs in the midst of the pandemic. >> these attackers are, unfortunately, ruthless. they are some of the worst type of people we come across these people literally have no morals, no ethics, the
an enormous jump from the month before cnbc's eamon javers has been looking into all of this eamon?ke shipping confirmation textsn or fedex orf th they look like they're coming from amazon or fedex or one of the other shippers, with so many of us home during the pandemic and shopping online, that's one way the fraudsters think they can trick us into clicking on our link, when our phone buzzes with a new incoming text but some of the scams are a lot more sophisticated than that one. here's a...
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institutions can take time anyways, we have a response from trump so we're going to get over to our eamon javersn washington for that. thank you. what are you hearing >> yeah. deirdre, this is the first reaction from the former president coming in over e-mail, not social media the former president saying, what facebook, twitter and google have done is a total disgrace and an embarrassment to our country. free speech has been taken away from the president of the united states because the radical left lunatics are afraid of the truth, but the truth will come out anyway bigger and stronger than ever before the people of our country will not stand for it these corrupt social media companies must pay a political price and never again be allowed to destroy and decimate our electoral process. so there's the reaction from the former president interesting here that he's lumping together facebook, twitter and google all at once in his reaction to the facebook decision and also saying that social media companies as a whole must pay a political price. you can bet that this statement from the president is go
institutions can take time anyways, we have a response from trump so we're going to get over to our eamon javersn washington for that. thank you. what are you hearing >> yeah. deirdre, this is the first reaction from the former president coming in over e-mail, not social media the former president saying, what facebook, twitter and google have done is a total disgrace and an embarrassment to our country. free speech has been taken away from the president of the united states because the...
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. >> president biden's response to that in a moment from cnbc's eamon javers first to steve liesman on the jobs report itself steve, what about in. >> shepherd, a huge disappointment here but probably more of a bump on the way to more robust economy than a derailment of the jobs recovery. we added 770,000 jobs last month with similar conditions with the same benefits in place this looked like, you know, a big disappointment in a lot of sectors. and some of the data, shep, was very strange it didn't really go along with other strong economic activity we've had. if you look at the data by sector, for example, manufacturing was down 18,000. but manufacturing is booming in this country construction, housing is booming but no jobs added there. retail stores are reopening but losing jobs and leisure and hospitality added all the jobs, 331,000 jobs some schools are still closed making it harder for women to work, workers are concerned about health and you do have those higher unemployment benefits perhaps keeping some people on the side line. >> we're looking at the trends for women. the hiri
. >> president biden's response to that in a moment from cnbc's eamon javers first to steve liesman on the jobs report itself steve, what about in. >> shepherd, a huge disappointment here but probably more of a bump on the way to more robust economy than a derailment of the jobs recovery. we added 770,000 jobs last month with similar conditions with the same benefits in place this looked like, you know, a big disappointment in a lot of sectors. and some of the data, shep, was very...
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May 13, 2021
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back to you. >> eamon javers, thank you. >>> congressman john caucus, the ranking member on the gasolineee, thank you for your time tonight we got the gas flowing again what do you think should be done to make sure this does not happen again >> first of all, this seems to be an escalating series of attacks on the homeland here and as general of homeland security, that's our job to figure out what to do first of all, this is probably the most significant ransomware attacks on one of our critical structures ever, very significant attack we've got to take a look at that and we've got to understand even though it wasn't attack on the operation connection of a pipeline or business entity of the pipeline, so therefore they shut down the pipeline in an abundance of caution to make sure the ransomware attack didn't affect the operations of the pipeline, but make no mistake about it, this was a major act from russia. i find it hard to believe that the russian government, given the sophistication with ransomware attacks and knowledge of them, and happening from russia, didn't have tacit approval a
back to you. >> eamon javers, thank you. >>> congressman john caucus, the ranking member on the gasolineee, thank you for your time tonight we got the gas flowing again what do you think should be done to make sure this does not happen again >> first of all, this seems to be an escalating series of attacks on the homeland here and as general of homeland security, that's our job to figure out what to do first of all, this is probably the most significant ransomware attacks...
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May 14, 2021
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now, that blang news some developments on dark side, the group behind the cologne pipe like hack eamon javerst for us. >> jon, yesterday we saw president biden suggest that the u.s. government would respond to dark side. today i can tell you we're seeing reports something very bad from dark side's perspective is happening to darng side two cybersecurity consulting firms giving records in the last half hour. mandiant say they see dark web posts claiming dark side lost access to its infrastructure, including blog, payment and servers and will be closing their service. they also say posts claim decrypters will be provided for companies that have not yet paid that is if you have been hacked by dark side, this report is allegedly you may be getting out for free as a result the cybersecurity firm intel 471 is reporting that posts claim darkside has promised to compensate outstanding financial obligations to criminal affiliates by may 23rd posts claim that funds from darkside cryptocurrency wallet allegedly have been ex filtrated. that means their wallets were full and now they're not intel 471 repo
now, that blang news some developments on dark side, the group behind the cologne pipe like hack eamon javerst for us. >> jon, yesterday we saw president biden suggest that the u.s. government would respond to dark side. today i can tell you we're seeing reports something very bad from dark side's perspective is happening to darng side two cybersecurity consulting firms giving records in the last half hour. mandiant say they see dark web posts claiming dark side lost access to its...
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May 12, 2021
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eamon javers on the massive effort to get the pipeline back online robert sullivan on the efforts to make sure this never happens again. and frank holland in virginia where the run on gas tanks continues. >> reporter: long lines and high prices still reality as gas stations, this one over here, two of the few in suburban atlanta that have gas. people lined up and waiting much longer than usual to fill up even after news the colonial pipeline reopening, we continue to see people filling up containers out of a lot of concern that gas may not just be available a day later if they decide not to do it now. some filling up three or four containers for generators, extra vehicles, even boats people we spoke with had this reaction to the pipeline news. >> a bit of security security on the system, i think the company is lacking. >> i'm relieved. by the time moemorial day weeken comes, i can take a flight. >> reporter: the southeastern part of the u.s., you're continuing to see outages, people frustrated, waiting in line this is the scene in maryland right now. earlier today, the governor of ge
eamon javers on the massive effort to get the pipeline back online robert sullivan on the efforts to make sure this never happens again. and frank holland in virginia where the run on gas tanks continues. >> reporter: long lines and high prices still reality as gas stations, this one over here, two of the few in suburban atlanta that have gas. people lined up and waiting much longer than usual to fill up even after news the colonial pipeline reopening, we continue to see people filling up...
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>> frank holland beginning our coverage now the massive effort to get the pipeline back online eamon javers is following the latest eamon. >> shep, this attack began last week and today is tuesday. what's remarkable about all this is how much we and the government still don't seem to know about just how this attack happened or what's going on behind the scenes. the head of the cybersecurity and infrastructure protection agency, the nation's top cybersecurity response organization, testified today that he still doesn't have the critical data he needs to protect american infrastructure. >> right now we are waiting for additional technical information on exactly what happened at colonial so that we can use that information to potentially protect other potential victims down the road. >> but he said he expects to have that information soon and that colonial is working directly with the fbi. we also don't know whether colonial pipeline is going to pay the ransom that the hackers are demanding. that's the key question here or whether it has already been paid at the white house today, energy secre
>> frank holland beginning our coverage now the massive effort to get the pipeline back online eamon javers is following the latest eamon. >> shep, this attack began last week and today is tuesday. what's remarkable about all this is how much we and the government still don't seem to know about just how this attack happened or what's going on behind the scenes. the head of the cybersecurity and infrastructure protection agency, the nation's top cybersecurity response organization,...
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May 13, 2021
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eamon javers on the massive effort to get the pipeline back online brian sullivan on what's being done to make sure this never happens again. first to frank in georgia where the run on gas stations continues. frank? >> shep, long lines and high prices still a reality in the south eastern part of the u.s. this one over here two of the few in suburban atlanta that have gas also seeing people line up and waiting much longer than usual to fill up and even after news that colonial pipeline reopening, we continue to see people filling up containers out of a lot of concern that gas may not be available later if they decide not to do it right now some filling three or four of those containers for generators, extra vehicles, even boats people we spoke with had this reaction to the pipeline news. >> they need better security on they system. i think the company was lacking. >> i'm relieved so by the time memorial day weekend comes i can take a flight. so, yes, i'm relieved. >> reporter: and around the south eastern part of the u.s. you're continuing to see a lot of outages, people very frustrated
eamon javers on the massive effort to get the pipeline back online brian sullivan on what's being done to make sure this never happens again. first to frank in georgia where the run on gas stations continues. frank? >> shep, long lines and high prices still a reality in the south eastern part of the u.s. this one over here two of the few in suburban atlanta that have gas also seeing people line up and waiting much longer than usual to fill up and even after news that colonial pipeline...
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. >> speaking of crypto, eamon javers has a look at the irs going after the digital currency >> that'sht. these might be virtual currencies but people are going to have to pay actual taxes on their gains here take a look at the ruling from a federal court yesterday. what they have done is authorize the irs to serve a john doe summons on kraken, the cr cryptocurrency in california you expect there might be wrong doing, and you want information on them. the irs is seeking information about u.s. taxpayers who conduct at least $20,000 worth of transactions from 2016 to 2020 this follows a similar move which happened in april, a federal court in massachusetts authorized the irs to serve a john doe summons on circle, the crypto exchange out of boston. i connected with circle this morning, what they told me is they are of course going to cooperate, and hope to work collaboratively with the irs on all of this. what's the tax law here? the department of justice put out a handy guide yesterday. they say virtual currencies that can be converted, are property a taxpayer can have a gain or loss on
. >> speaking of crypto, eamon javers has a look at the irs going after the digital currency >> that'sht. these might be virtual currencies but people are going to have to pay actual taxes on their gains here take a look at the ruling from a federal court yesterday. what they have done is authorize the irs to serve a john doe summons on kraken, the cr cryptocurrency in california you expect there might be wrong doing, and you want information on them. the irs is seeking information...
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May 19, 2021
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cnbc's senior washington correspondent eamon javers now eamon?onsumers research, and they say they're trying to give ceos something to think about as they decide whether to wade into politics or not. >> increasingly we're seeing them work to curry favor with woke politicians rather than focusing on serving their consumers. >> now, these ads are reminiscent of political campaign ads but thuponents are individual ceos not rival candidates and they're unloading the research targeting the airlines ceo doug parker for its high pay at a time of layoffs. the coca-cola ceo over obesity in america and john dawn no over allegations of forced labor in china. >> stop exploiting foreign labor. >> asked for comment a coca-cola spokesperson said this we respect everyone's right to raise their concerns and express their views, but we also believe the best way to make progress now is for us all to come together to listen, respectfully share concerns and collaborate on a path forward. asked for comment similarly american airlines referred us to its statement back
cnbc's senior washington correspondent eamon javers now eamon?onsumers research, and they say they're trying to give ceos something to think about as they decide whether to wade into politics or not. >> increasingly we're seeing them work to curry favor with woke politicians rather than focusing on serving their consumers. >> now, these ads are reminiscent of political campaign ads but thuponents are individual ceos not rival candidates and they're unloading the research targeting...
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May 12, 2021
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ea eamon javers has the details. >> reporter: this group dark side this global human cry about the attack on colonial and not stopped the hacking activity over past 24 hours they posted on the dak with ebb the names of three additional companies that they claim that they have attacked the three companies one of which is in the united states, the first victim company is in illinois with revenues in excess of about $50 million it is a technology services reseller the second two outside the united states. one is brazil. and the third one is in the uk in the construction industry three large companies now have had information about them posted on the dark side website on the dark web. this may be an indication of an ongoing negotiation between the h hackers and these three companies. we'll bring any confirmation we get but dark side expressed regret earlier in the week for the hack on colonial pipeline suggesting they didn't want to do any other attacks with broad social consequences like gas prices but here's an indication that they continue the activity looking at companies and looking to g
ea eamon javers has the details. >> reporter: this group dark side this global human cry about the attack on colonial and not stopped the hacking activity over past 24 hours they posted on the dak with ebb the names of three additional companies that they claim that they have attacked the three companies one of which is in the united states, the first victim company is in illinois with revenues in excess of about $50 million it is a technology services reseller the second two outside the...
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May 10, 2021
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eamon javers has been following the story. the way, they started investigating that group back in the fall they say that they appeared they were nowhere on the radar and all of a sudden very, very active, so some real questions about where this group came from it's striking to me we have a number of statements you're seeing the u.s. officials issuing statements we had heard a same from colonial, even the whackers have issued a 125i789 today, and in none of those statements do we get an answer to the big question here, which is -- did colonial pay the ransom or not what we know is colonial is in the process of bringing the pipeline back online in a step-by-step process, and they feel it condan be done substantially by the end of the week none of the people involve are gives us a question. does the and get a company out of the this that may or may not be true, and we just don't know the answer to it >> we're going to monitor that, eamon, but they did in fact make the statement somewhat definitively it's colonial that is responsi
eamon javers has been following the story. the way, they started investigating that group back in the fall they say that they appeared they were nowhere on the radar and all of a sudden very, very active, so some real questions about where this group came from it's striking to me we have a number of statements you're seeing the u.s. officials issuing statements we had heard a same from colonial, even the whackers have issued a 125i789 today, and in none of those statements do we get an answer...
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>>> let's turn to washington where president biden released his first official budget at that eamon javerswhoops behind you. take a look at what we're learning in terms of corporate taxes and the president's plans going forward. in this budget he's predicting $268.5 billion in corporate income taxes in 2023, $576.6 billion. that is a massive increase in corporate taxes. there you see a large part of how the president plans to pay for a lot of the spending that's in this budget as well here's the capital tax gains tax increase as well the effective date is going to be april of 2021, so that's worth looking at in terms of retroactivity. that means you're sort of already caught in that, $322 billion over ten years for capital gains. irs tax compliance, if you have been cheating on your taxes, there's going to be an enormous budget now for irs agents to go catch you. $75 billion spend on the irs they're predicting will raise an additional $315 billion plus dollars. that is they feel that that's the amount of money that they can go out and find among taxpayers who are not paying their fair shar
>>> let's turn to washington where president biden released his first official budget at that eamon javerswhoops behind you. take a look at what we're learning in terms of corporate taxes and the president's plans going forward. in this budget he's predicting $268.5 billion in corporate income taxes in 2023, $576.6 billion. that is a massive increase in corporate taxes. there you see a large part of how the president plans to pay for a lot of the spending that's in this budget as well...
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May 10, 2021
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running by the end of the week it was dark side and said it's a ransom as a service business eamon eamon javers tracking this for us who is or aredark side >> reporter: we don't know they like to avoid targeting anybody speaking russian and might give you a sensz we don't know for sure we do know that we had a strange dade today where the group actually posted something on the dark web expressing some remorse for this attack and the amount of attention around the world. signifying that they have caused problems in society now. they say they're sorry for that and i talked to the cyber security ceo, he is in israel today and he gave me a sense that he thinks what's going on is there's a dispute inside this cyber attack group about what the right course of action was and what they should do now. >> we do not believe that their motivation is other than money we believe they they hack -- they were not aware of what they were hacking exactly and happened to be in the spotlight and everybody is involved and i'm pretty sure they sit somewhere outside of the u.s. saying to them like this is not good for
running by the end of the week it was dark side and said it's a ransom as a service business eamon eamon javers tracking this for us who is or aredark side >> reporter: we don't know they like to avoid targeting anybody speaking russian and might give you a sensz we don't know for sure we do know that we had a strange dade today where the group actually posted something on the dark web expressing some remorse for this attack and the amount of attention around the world. signifying that...
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May 25, 2021
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a eamon javers with that story. >> take a look at the d.c. attorney general is making what he's saying is that amazon, he's alleging, has been effectively fixing retail prices across the entire internet what he's saying is that they have these contracts with third-party sellers that don't allow them to list products for less on other platforms. even if they're selling it on their own website, they can't sell it for less than what they sell it on amazon for. that means that they're basically incorporating amazon's 40% fees and all the service charges that go into their service in the prices that they set on other sites around the internet that's the allegation. he's saying it's anti-competitive amazon is responding to that and saying the d.c. attorney general has it exactly backwards what they're saying is that sellers set their own prices for the products they offer in our amazon store amazon takes pride in the fact that we offer low prices across the broadest selection and, like any store, we reserve the right not to highlight offers to cust
a eamon javers with that story. >> take a look at the d.c. attorney general is making what he's saying is that amazon, he's alleging, has been effectively fixing retail prices across the entire internet what he's saying is that they have these contracts with third-party sellers that don't allow them to list products for less on other platforms. even if they're selling it on their own website, they can't sell it for less than what they sell it on amazon for. that means that they're...
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May 6, 2021
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cnbc's senior washington correspondent eamon javers on our top story tonight. no surprise, facebook is getting a lot of blowback from republicans. >> yeah, that's right, shep. the former president blasted the decision today, saying these corrupt social media companies must pay a political price, and must never again be allowed to destroy and decimate our electoral process. now, trump issued that criticism from his own web side called, from the desk of 2k07b8d jurks trump. trump can't post himself on social media directly, but his website includes buttons his supporters can use to put on facebook and twitter themselves. conservatives picked up on trump's calls for the social media companies to pay a political price calling to break up facebook and blastle mark zuckerberg making himself the arbiter of free speech liberals argued that facebook should ban trump for life immediately. senator elizabeth warren tweeting this -- facebook is a disinformation for profit machine that won't accept responsibility for its role in the safety of our democracy and people shipp,
cnbc's senior washington correspondent eamon javers on our top story tonight. no surprise, facebook is getting a lot of blowback from republicans. >> yeah, that's right, shep. the former president blasted the decision today, saying these corrupt social media companies must pay a political price, and must never again be allowed to destroy and decimate our electoral process. now, trump issued that criticism from his own web side called, from the desk of 2k07b8d jurks trump. trump can't post...
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May 11, 2021
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meanwhile, eamon, focus clearly on getting fuel supplies to the carolinas and the mid-atlantic thanks, eamon javers>> tesla among the biggest laggards earlier today currently down only about 2.5% it is now the attractive entry point for your portfolio talking about good value plays in the volatile ev sector when "techcheck" tus.rern at t-mobile, we're on our way to hiring 10,000 veterans and military spouses by 2023. and our commitment doesn't stop there. we always offer 50% off family lines on our military and veteran plans. that's right, 50% off on america's most reliable 5g network. ♪ ♪ look, if your wireless carrier was a guy you'd leave him tomorrow. not very flexible. not great at saving. you deserve better... xfinity mobile. now they have unlimited for just $30 a month... $30. and they're number one in customer satisfaction. his number... delete it. i'm deleting it. so, break free from the big three. xfinity internet customers, take the savings challenge at xfinitymobile.com/mysavings. or visit and xfinity store to learn how our switch squad makes it easy to switch and save hundreds. >>> tim
meanwhile, eamon, focus clearly on getting fuel supplies to the carolinas and the mid-atlantic thanks, eamon javers>> tesla among the biggest laggards earlier today currently down only about 2.5% it is now the attractive entry point for your portfolio talking about good value plays in the volatile ev sector when "techcheck" tus.rern at t-mobile, we're on our way to hiring 10,000 veterans and military spouses by 2023. and our commitment doesn't stop there. we always offer 50% off...
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May 4, 2021
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cnbc senior washington correspondent eamon javers at the top story at the bottom of the hour >> thingse time we saw the statement come in from president trump. shortly thereafter we saw liz cheney responding to it, just 50 minutes or so later. trump tried to use the phrase, the big lie, into a phrase his supporters the use to mean the opposite critics call his claims of election fraud a big lie liz cheney, the number three republican in the house wrote this on twitter. the 2020 presidential election was not stolen anyone who claims it was is spreading the big lie, turning their back on the rule of law and poisoning our democratic system this is a fight about what words mean, what truth is and the struggle for the future of the republican party that's the battle that's going to be playing out in this facebook decision as well. we'll get the decision in writing at 9:00 a.m. on wednesday morning on the east coast. it's being handed down by facebook's oversight board which the company says is independent. the decision comes as florida governor ron desantis is set to sign a bill passed in t
cnbc senior washington correspondent eamon javers at the top story at the bottom of the hour >> thingse time we saw the statement come in from president trump. shortly thereafter we saw liz cheney responding to it, just 50 minutes or so later. trump tried to use the phrase, the big lie, into a phrase his supporters the use to mean the opposite critics call his claims of election fraud a big lie liz cheney, the number three republican in the house wrote this on twitter. the 2020...
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May 13, 2021
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eamon javers joins us. >> reporter: i can confirm that colonial pipeline did pay a ransom this according to a source familiar with the situation. colonial pipeline playing a ransom to the criminal hacker that is shut down the systems last week. this source familiar with the situation not telling me how much colonial pipeline paid or when that payment spoecifically made one outlet reporting that happened on friday and another reporting that that happened on monday other outlets putting the specific dollar figure of the payment. my source simply confirming here that colonial pipeline did in fact pay that ransom but no dollar figure or date associated with it. we saw the president of the united states asked today whether or not he had been briefed on the fact that colonial pipeline paid a ransom. the president declined to comment on it so you get a sense of the sensitivity around this question of the whether the u.s. entity had to pay folks in russia to get access to a major strategic pieces of infrastructure on the east coast of the united states but that said a source confirming the ranso
eamon javers joins us. >> reporter: i can confirm that colonial pipeline did pay a ransom this according to a source familiar with the situation. colonial pipeline playing a ransom to the criminal hacker that is shut down the systems last week. this source familiar with the situation not telling me how much colonial pipeline paid or when that payment spoecifically made one outlet reporting that happened on friday and another reporting that that happened on monday other outlets putting the...
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May 15, 2021
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situation, though, is starting to improve in most states cnbc's senior washington correspondent, eamon javers we know about this alleged cyberattack, the hack against the hackers, eamon >> multiple cybersecurity firms are reporting there has been some activity here evidence that darkside, the cyber criminal gang that hacked colonial pipeline, has faced some retaliation over the past 24 hours and it may be enough to put them out of business, at least in their current form. a cybersecurity expert splands to me what's happening here. >> these guys are undoubtedly getting some heat right now, probably from all corners, private sector and the government we're seeing their website has been shut down we're seeing their payment mechanisms taken control over so it looks like they lost millions of dollars in ransom that they have accumulated. >> here's what we know multiple postings on the dark web claim that darkside has lost access to its blog, payment systems and servers and as a result will be closing its criminal ransomware as a service business darkside will let victims off the hook if they have
situation, though, is starting to improve in most states cnbc's senior washington correspondent, eamon javers we know about this alleged cyberattack, the hack against the hackers, eamon >> multiple cybersecurity firms are reporting there has been some activity here evidence that darkside, the cyber criminal gang that hacked colonial pipeline, has faced some retaliation over the past 24 hours and it may be enough to put them out of business, at least in their current form. a cybersecurity...
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May 11, 2021
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cybersecurity chief brian sullivan will break down how likely it is we'll pay more at the gas pump but now eamon javers with a look at the hackers behind this attack eamon. >> shep, the hacker group is called dark side it was first spotted in august of 2020 and experts tell me today that the group essentially came out of nowhere and quickly became one of the most dangerous criminal gangs on the internet the group that claims to be apolitical is notable for just how professionally they operate. they have a help desk and a call-in number and sell malware as a service to other criminal gangs. but they also have an unusual social conscience or they want us to believe that they do the gang posts a code of conduct with a list of targets like hospitals that they say they won't attack and today, no other way to describe this one but bizarre. the hackers posted a statement on the dark web seeming to express remorse for their own pipeline hack and promising to change their ways. what they said was from today, we introduce moderation and check each company that our partners want to encrypt to avoid social consequ
cybersecurity chief brian sullivan will break down how likely it is we'll pay more at the gas pump but now eamon javers with a look at the hackers behind this attack eamon. >> shep, the hacker group is called dark side it was first spotted in august of 2020 and experts tell me today that the group essentially came out of nowhere and quickly became one of the most dangerous criminal gangs on the internet the group that claims to be apolitical is notable for just how professionally they...
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May 14, 2021
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. >> eamon, thank you for that >>> a couple of interesting swirling developments, eamon javers, as we continue to watch. not just the prospects for darkside, but the recovery of the colonial pipeline. a busy week. best two-day gain for the dow since march 8th. have a good weekend. let's get to "the half". >>> carl, thanks welcome to "the halftime report." i'm scott wapner, front and center this friday, why one watcher says the bottom is for one part of your portfolio we'll debate the call and discuss where your money goes for now. joining me, shannon s shannon, , the head of investment strategy. rich sapperstein, one of barron's top 100 financial advisers pete najarian is here. great to see everybody let's go to the wall you heard carl say the best two-day gain since march 8th look at the nasdaq, a near 2% gain, 241 points for the nasdaq. liz young, tom lee, our friend tom lee says the bottom is in, at least for small caps and epicenter stocks not necessarily for technology he said the vicks after surging 78% has fallen more than 20% in the past day he calls it a vix peak, says it equ
. >> eamon, thank you for that >>> a couple of interesting swirling developments, eamon javers, as we continue to watch. not just the prospects for darkside, but the recovery of the colonial pipeline. a busy week. best two-day gain for the dow since march 8th. have a good weekend. let's get to "the half". >>> carl, thanks welcome to "the halftime report." i'm scott wapner, front and center this friday, why one watcher says the bottom is for one part...
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May 28, 2021
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that's eamon javers.e'll talk to the ceo of autodesk later on, the legacy of the apple store and we're just getting started on "techcheck. so it's another day. yeah- that's what most people think. but in business it's never just another day. every day is the day. there's the day your store has its biggest sale. the day you have a make or break presentation. and the day your team operates from across the country. but there's also the day you never see coming- the day when nothing goes right. see- that's the thing. you never know what the day might bring. so whether you do business on wall street or main street you have to be ready. with the power of the network that can deliver gig speeds to the most businesses. the freedom to control that network from anywhere. and advanced cybersecurity to help protect every device on it. all backed by a dedicated team 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. which shows will you be getting i
that's eamon javers.e'll talk to the ceo of autodesk later on, the legacy of the apple store and we're just getting started on "techcheck. so it's another day. yeah- that's what most people think. but in business it's never just another day. every day is the day. there's the day your store has its biggest sale. the day you have a make or break presentation. and the day your team operates from across the country. but there's also the day you never see coming- the day when nothing goes...