Nike‘s decision to stop selling merchandise to Amazon is just the “tip of the iceberg” of brands opting to go directly to consumers, internet entrepreneur Tim Armstrong told CNBC on Friday. “The direct-to-consumer movement will be the replacement for the retail issues and commerce issues that are going on because of the platforms,” said Armstrong,
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CNBC’s Jim Cramer explains why Wall Street has fallen out of love with enterprise-based technology stocks like Cisco and turned to consumer-based ones like Roku. The “Mad Money” host sits down with Viacom CEO Bob Bakish to get insight into the company’s merger with CBS and foray into the streaming war. Later in the show
Viacom will embark on a unique path in the video streaming market once the merger with CBS is finalized next month, CEO Bob Bakish told CNBC’s Jim Cramer on Thursday. “We’re bringing a different approach to the marketplace. One that combines free and paid,” said Bakish, who is set to head the ViacomCBS combined entity.
Vape consumer advocate groups and vape storeowners around the country hold a rally outside of the White House to protest the proposed vaping flavor ban in Washington DC on November 9, 2019. Jose Luis Magana | AFP | Getty Images Christian Liriano is glued to his phone these days, anxiously awaiting any news on whether
Hyundai confirms it will put first pickup, the Santa Cruz, into production at Alabama plant in 2021. Hyundai handout After an unexpectedly long delay, Hyundai has given the go to build a new compact pickup truck, a version of the Santa Cruz concept from the 2015 Detroit Auto Show, at its Montgomery, Alabama assembly plant.