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CNBC

From Academic Kids

This article is about CNBC, the financial news network. For other uses see CNBC (disambiguation).
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CNBC_logo.jpg
CNBC logo

CNBC (formerly the Consumer News and Business Channel) is a group of cable and satellite television news channels from the U.S., owned and operated by NBC Universal, a subsidiary of General Electric. CNBC and its international spinoffs cover business headlines and provide live coverage of financial markets.

Contents

CNBC in the U.S.

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CNBC_Closing_Bell.jpg
Closing Bell provides live coverage the daily closing of the New York Stock Exchange.

The original CNBC channel was launched in the United States on April 17, 1989. Today, it provides business news programming from 5 a.m. to 7 p.m., Eastern Time, while broadcasting talk shows, investigative reports, infomercials, and other programs during the evening and early morning. A rolling ticker (formally the "CNBC Ticker") and a stack (called by some the "bug") provide real-time updates on share prices (NYSE, NASDAQ, AMEX) and market indices, news summaries, and weather updates by AccuWeather.

In 2003, CNBC moved to a new headquarters in Englewood Cliffs, New Jersey. The new facility uses completely digital video production.

Programming

CNBC provides a variety of programs throughout the business day presenting reports on U.S. businesses, updates of stock market indicies and commodities prices, interviews with CEOs and business leaders, and commentary from many investment professionals. The following is the usual "business day" (term used by CNBC hosts and announcers) lineup (as of May 2005, all times Eastern):

ET Program Hosts Description Corresponding programs
CNBC Europe CNBC Asia
05:00 Wake-Up Call Brad Goode, Michelle Caruso-Cabrera first word on futures movement and trading Europe and Asia Today's Business Europe  
07:00 Squawk Box Mark Haines, David Faber, Joe Kernen, Steve Liesman, Rebecca Quick provides a mix of business news and commentary Squawk Box Europe Squawk Box Asia
10:00 Morning Call Ted David, Liz Claman focuses on real-time market coverage Morning Exchange Europe Market Watch Asia
12:00 Power Lunch Bill Griffeth, Sue Herera examines the companies, people, and trends influencing Wall Street Power Lunch Europe  
14:00 Street Signs Ron Insana    
15:00 Closing Bell Tyler Mathisen, Maria Bartiromo covers the close of the trading day European Closing Bell Market Wrap Asia
17:00 Kudlow & Company Lawrence Kudlow provides market and economic commentary and interviews  
18:00 Mad Money James Cramer a fast-paced show offering stock advice to callers  

CNBC has experimented with non-business programming during primetime hours, but many of these shows have been unsuccessful and cancelled. CNBC's primetime lineup features The Big Idea With Donny Deutsch and rebroadcasts of several NBC programs, including Late Night with Conan O'Brien and The Apprentice. Infomercials are typically aired from 2 a.m. to 4 a.m. CNBC rebroadcasts CNBC World from 4 a.m. to 5 a.m.

Other special or weekend programming includes CNBC on Assignment (e.g. The Age of Wal-Mart), Cover to Cover, The Suze Orman Show with Suze Orman, The Wall Street Journal Report, and The Tim Russert Show with Tim Russert.

Other "star" anchors and reporters include Bob Pisani and Dylan Ratigan.

Past shows and anchors

Among the after-market shows that have been cancelled are Bullseye, Capital Report, Dennis Miller, and Topic A with Tina Brown. Another evening program, Louis Rukeyser's Wall Street, ended its run in 2004 at Louis Rukeyser's request.

Former anchors and reporters include Neil Cavuto, Phil Donahue, Morton Downey, Jr., Charles Grodin, John McLaughlin, and Tom Snyder.

CNBC international channels

On December 9, 1997, Dow Jones & Company and NBC announced a joint venture to launch international versions of CNBC. The primary operations are CNBC Europe from London and CNBC Asia from Hong Kong and Singapore.

NBC Universal has a CNBC Latin America channel, which retransmits live programs from CNBC U.S. and, since the NBC Universal merger, live CNBC World programs. A number of local CNBC services also exist, including versions in Japanese (Nikkei-CNBC) and Turkish (CNBC-e). The international CNBC services provide the same type of programming as CNBC U.S. during the business day, and rebroadcast CNBC U.S.'s major business programmes. CNBC Europe and CNBC Asia programming can be seen in North America on the cable channel CNBC World.

In India CNBC Asia owns stake in a local company called Television Eighteen which runs an English business news channel called CNBC TV18 and a Hindi news business channel called "Awaaz" which has the same NBC Peacock logo. CNBC TV18 has become India's top rated English news channel, beating even the general news channels at the ratings.

External links

ja:CNBC

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