Good afternoon, im scott mcgrew. We were debating the other day what industry has seen the most disruption. The easy answer is taxicabs because of uber, but the winning answer in my mind is college. Traditional clejts are facing all kinds of disruption, parents and students are balking at high costs and resulting massive student loans. State governments are cutting funding at state cools schools. The president is pushing for free enrollment in Community Colleges and on top of all that the internet is bringing College Courses to millions. No one knows more about the business of college than rick levin, he is an economist, he was the president of the yale for 20 years, the longest tenure in the schools history and now serves as the carl edwards for ceraa for Profit Education company that offers open online College Courses in a dozen languages in partnership with nearly a dozen universities. Lots to talk about, including corwera but i want to start at the beginning and that is the traditi
Press here. Good morning, everyone, im scott mcgrew. We were debating the other day what industry has seen the most disruption. The easy answer is taxicabs because of uber mubut the winni answer in my mind is college. Traditional colleges are facing all kinds of disruption. Parents and students are balking at high costs and resulting massive student loans. State governments are cutting funding in state schools. The president is pushing for free enrollment in community colleges. And on top of all that the internet is bringing College Courses to millions. No one knows more about the business of college than rick levin. He is an economist. He was the president of yale for 20 years. The longest tenure in the schools history. And now serves as the ceo of course air is rah a forprofit Education Company that offers open, online College Courses in a dozen languages, in partnership with more than 20 universities. Joined by joe mann of reuters and Hannah Kuchler of the financial times. Lots to t
Equipment supplier disappoints with weak Second Quarter earnings. The market also waiting for nokia numbers with the hand setmaker expected to confirm that losses have narrowed. And its decision day for dell as shareholders are set to vote on the companys buyout offer. Carl icahn who is leading the bid against the deal got the last word right here on cnbc. Ive never seen one as bad as this. I really mean it. Ive never seen anything where they actually go out and they scare their own shareholders. And another big name investor causes quite a stir on cnbcs delivering alpha conference. Nelson peltz calls for a shakeup in the Food Industry urging pepsico to merge with mondalese. Good morning, welcome to todays show. Plenty of news out there today. Let me bring you up to speed with some news crossing. Ecb is not all purpose weapon for all problems. So suggesting that perhaps the firepower of the ecb cant solve all the ails of the eurozone. There is plenty on the corporate front today. Let m
Chinese President Xi Jinping has arrived in San Francisco for a summit with his US counterpart, Joe Biden, and to attend the Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting. The US may have rolled out the red carpet, but Beijing should have no illusions about Washington’s intentions, says says geopolitical analyst Brian Berletec.
A man in Hong Kong was left scratching his head when he spotted a strange glowing orb in the sky that he initially thought was a star until it started moving.