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Transcripts For CNBC The Profit 20240712

Monica [ voice breaking ] anybody who wants to support my mom, [bleep] go for it. Lemonis if i cant convince her to trust my process, Monica Potter home may be at risk of closing forever. Monica i just i cant do it. Lemonis sit tight for a second. Monica ii cant do any more. Lemonis my name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. You might recognize Monica Potter from nbcs longrunning series parenthood. But when shes not making movies or tv, shes making products like skincare, room sprays, and candles and selling them through her company, Monica Potter home. Monica the best part about the whole company is we are bringing jobs back home. Lemonis a cleveland native, monic

Transcripts For CNBC The Profit 20240712

Dante we buy the pasta by the pound. We pay about 3. 50 per lemonis about or exactly . Jimmy that is a simple thing. Lemonis while they overhaul their business. How many more seats can you pick up when you guys are busy . Maybe you pick up eight more seats. More importantly, their relationship. Jimmy basically every single thing ive ever said for you to do was, no, were not doing it that way. Were doing it my way. Lemonis . So they can heal from the devastating family tragedy that still hangs over everything that they do. Dante not everything has to be a fight. Lemonis we got to fix this tension between you guys. You lost your wife. You lost your mother. Do you guys want to lose each other . Im marcus lemonis, and i risk my own money to help businesses. I love investing in american businesses. These people are here because they care. Its not always easy, but i do it to create jobs, and i do it to make money. Man we have a deal. Lemonis lets rock and roll. Man 1 yeah man 2 lets do it. L

Transcripts For BLOOMBERG Bloomberg Markets European Close 20240712

Very, very, varied longtime. What does that mean for u. K. Asset . Strategistnvestment is joining us now. David, the u. K. Economic outlook is really bad right now. We have had a bounceback a little bit in the month data, but it makes grim readings. U. K. Asset pricing enough in terms of the downside . Dont think they are pricing enough bearing it was a truly terrible q2 gdp number. That was expected. At the moment, investors are taking some comfort with a decent pmi number for the u. K. Some of these monthly gdp data from the statistics have been revised up for june. After such a big decline, we are going to get a bounce in q3. We may get doubledigit growth in q3. For the headwinds are really significant. It is being massively underreported in the u. K. It has been a sticker shock for investors and for households and consumers from the furlough scheme. This brexit is still hanging out and never seems to go away. Alix what is the down lot what is the Downside Risk to the furlough . Is

Transcripts For CNBC Squawk Alley 20240712

A day. Yesterday that was a big head wind as the market did get up the s p just to the cusp of those old highs. We did it without the help of technology, of the big Growth Stocks everyone is talking about this rotation the nasdaq has had yet another of its fairly routine pullbacks so far it has bounced to maintain this up trend today yes, tesla helping it, but really it is the old favorites as well, just picking up the slack and the s p is right back to yesterdays afternoon highs before we had that shake out going into the close. Julia, david faber mentioning last hour the passing of Sumner Redstone, a legend in the content world. Coin that phrase content is king. Has a bit of feeling the end of an era, of course, he lived well into his 90s but what are your thoughts on what a figure like Sumner Redstone meant in his prime and who is defining this era right now. Well, certainly, jon. He was the ultimate media mobile of that raera. He was responsible for the consolidation of so much con

Transcripts For CNBC The Profit 20240712

Lemonis if i cant help these guys return to their roots. So you did 1 million with the watches, and then youre like, thats too much. Brad if its not broke, dont fix it. Lemonis . This business will stop ticking for good. Travis walk away, then. Lemonis my name is Marcus Lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs and i do it to make money. This. Lets go to work. Is the profit. In 2010, lifelong friends trevor jones and Travis Lubinsky founded flex a watch company with a cause. Trevor we make watches that give back. Every purchase helps provide meals for children in need. Lemonis with their positive message, a reasonable price point, and bright, fun colors, the company stood out in a crowded field. Travis the watches are actually all gonna be inter

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