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Transcripts For CNBC Squawk On The Street 20240712

House democrats accuse apple, google, facebook and amazon of abusing their market power and that Congress Needs to rein them in. Eli lilly asking the fda to authorize emergency use for its experimental covid19 antibody cocktail those shares are rallying ahead of the open. Jim, markets trying to do a bit of a reset now as goldman weighs in this morning and says airline stimulus likely, further ppp probably not likely. What are we . Well, i mean, i think that the market went down after what the president said the president was talking about market hitting new highs and the only person that was sending them down was him. I think he does react. I think it is probably, youre not going to get that, say, listen, the dow was down, there is really in other reason. He completely dismissed Speaker Pelosi i dont know what he did with what secretary mnuchin was speaking about, whether the ....

New York , United States , Salt Lake City , Stanford University , District Of Columbia , Carl Quintanilla , Amy Coney Barrett , Larry Kudlow , Scott Gottlieb , Caro Quintanilla , Abbott Abbvie , Charlie Ergen , Eli Lilly , Scott Kirby , David Ricks , Jamie Baker , Gary Kelly , Dave Dobson , Power Congress , Congress Needs , Speaker Pelosi , Senate Interested , Stock Market , Card Administration , Administration Administration , Say Senate ,

Shopify to cut 20% of workforce, sell logistics business

OTTAWA, Canada - Ottawa-based Shopify announced Thursday it was cutting its global workforce by 20 percent and offloading its logistics business to Flexport in order to focus on its core e-commerce activities. ....

New York , United States , Tobias Lutke , Shopify Facebook , San Francisco Based ,