Amazon workers in Minnesota and Germany are striking as Prime Day kicks off, in a stand against working conditions and wage practices. The action in Minnesota represents the...Retailread more
Treasury Secretary Steven Mnuchin is raising red flags ahead of Facebook's proposed cryptocurrency launch.Marketsread more
Epstein is accused of sexually exploiting dozens of underage girls from 2002 through 2005 at his New York and Florida residences. He is a former friend of Presidents Donald...Politicsread more
When you think of Prime Day, you might be thinking about deals on Instant Pots and Amazon Echo devices — not half-off dresses and designer heels. But the market for apparel...Retailread more
David Marcus, the head of Facebook's digital currency project, said the company expects Libra will drive more advertising revenue for the company.Technologyread more
Some White House officials expect the Cabinet secretary, who has known the president for years, to depart as soon as this summer.Politicsread more
Boeing met with aircraft leasing firms and financiers in New York as the grounding of its popular 737 Max planes drags on with no clear timeline for getting the planes back in...Aerospace & Defenseread more
Both companies report earnings on Aug. 8, so the CBS and Viacom boards have set that as a natural deadline to agree to a merger. Price won't be discussed by the companies...Technologyread more
The Food and Drug Administration "stands ready" to start reviewing e-cigarettes amid a teen vaping "epidemic," acting Commissioner Ned Sharpless said Monday in a statement.Health and Scienceread more
US oil companies on Monday began restoring some of the more than nearly 74% production shut at U.S. Gulf of Mexico platforms ahead of Hurricane Barry, the US offshore drilling...Energyread more
The Guggenheim CIO says he had been approached by the White House about possibly joining the Federal Reserve.The Fedread more
If you want to be a member of the national finance committee for Joe Biden's 2020 presidential campaign, be prepared to raise up to $100,000.
The former vice president's campaign is calling on its network of bundlers to help put together thousands of dollars in contributions. There are four tiers of fundraisers in the Biden system, according to an invitation CNBC obtained through a donor who recently sent in a contribution.
The invitation pitches donors and fundraisers a chance to be one of Biden's "most dedicated supporters" and to help "fuel a professional and inclusive campaign."
A spokesperson for the Biden campaign declined to comment.
Biden's bundler targets are the latest signs that the Democratic frontrunner is distancing himself from rivals such as Sens. Bernie Sanders and Elizabeth Warren, who have sought to build goodwill among grassroots donors while shunning big-money backers.
So far, Biden's early fundraising strategy appears to be paying off. He racked up $6.3 million in his first full day in the campaign, ahead of the rest of the primary field. He has also roped in supporters from the finance, real estate and media industries, including famed short seller Jim Chanos, real estate executive Bruce Mosler and private equity executive Sandy Robertson.
Biden will be coming to New York on June 17 for fundraising events, including one hosted by Chanos and featuring Gov. Andrew Cuomo, who will introduce the former vice president. A group of fundraisers met at Robertson's San Francisco home on Sunday with two senior campaign advisors to discuss their strategy for the Bay Area. Biden is expected to start a fundraising tour there at the end of June.
Meanwhile, the former vice president is preparing to go to Chicago for another round of fundraising events starting June 12. While visiting the Windy City, he will be hosted by Robert Wislow, the chairman of commercial real estate behemoth CBRE Group, according to people familiar with the matter. Tickets for the gathering are expected to go up to $2,800, these people added.
Wislow supported Barack Obama when he first ran for president in 2008, but he has contributed to Republican causes as well. He also hosted fundraisers for former Chicago mayor and Obama chief of staff Rahm Emanuel.
Wislow did not respond to repeated requests for comment.