Keyword: berniemarcus
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Home Depot (HD) - Get Free Report co-founder Bernie Marcus is proving his loyalty to former President Donald Trump and has managed to infuriate consumers while doing so. The former CEO of the home improvement retail chain now has a boycott on his hands after Reuters asked Marcus in a new interview if he would still support Trump's 2024 presidential bid if he was convicted of a crime. He responded by saying "I think so. Because I think it's all trumped up." Marcus also said that he will “support him to some extent” but he is “not one of his...
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Was it inevitable, or are deep-pocketed Republican campaign donors simply reading the writing on the wall? Some mega-donors who backed Donald Trump's presidential campaigns in 2016 and 2020 and then stopped donating for various reasons, and in some instances called on him to exit the 2024 race, are returning to the fold — with oodles of cash. Why? Because cash loves a winner, come hell or high water. So here's the thing: With less than two months to go until the Iowa caucus, Trump and his avid backers are kicking their fundraising efforts into high gear like nobody's business —...
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Home Depot co-founder Bernie Marcus asked Americans to “wake up” to the reality that the U.S. economy is in “tough times,” following the collapse of Silicon Valley Bank (SVB).“I can’t wait for [President Joe] Biden to get on the speech again and talk about how great the economy is and how it’s moving forward and getting stronger by the day. And this is an indication that whatever he says is not true,” Marcus told Fox News on March 11.Marcus added,“And maybe the American people will finally wake up and understand that we’re living in very tough times, that, in fact,...
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Billionaire Bernie Marcus Opens a New Window. has already given more than $2 billion to upwards of 300 organizations, and he said he plans to donate the majority of his fortune while he’s still alive and support President Trump for re-election in the 2020 presidential election.
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Home Depot billionaire co-founder Bernie Marcus said Friday that the growing appeal to socialism in America comes out of the universities. Marcus, during an interview with Fox News' Neil Cavuto, discussed the deterioration of socialist Venezuela and Cuba, comparing the situations in those countries today with the realities there decades ago, pre-socialist rule. Marcus called the economic downturns in each of those countries, Cuba, in particular, a "perfect example of socialism gone wrong." "almost 50 percent of students coming out of universities today believe that socialism is the answer. That's frightening to me..." "They [Cuba] took a great country. They...
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Who would have thought a few years ago that the biggest problem facing the labor market today would be a lack of workers — not a lack of jobs? As recently as 2012, the unemployment rate was above 8 percent, more than twice its current rate. Since President Trump's election, nearly 4 million new net jobs have been created. The unemployment rate has tied lows unseen since the Vietnam War, when men were being drafted to fight. Black and Latino unemployment rates are at record lows. And for the first time in recorded history, there are more jobs available than...
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Following the passage of the GOP tax reform bill, a number of corporations have announced bonuses and wage increases for its employees, citing the tax cuts as the main reason. One company that handed out one-time bonuses was Home Depot. And the co-founder had some strong words for Democrats who have criticized these bonuses as “crumbs” and dismissed them as PR moves. Appearing on Fox News Saturday, Bernie Marcus took aim at Democratic leaders, telling host Neil Cavuto that derisive comments about the bonuses will come back to haunt Democrats as it paints them as elitist. “These are things that...
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Hugely successful business owner and co-founder of Home Depot, Bernie Marcus, slams Sen. Elizabeth Warren over her business and economic ignorance that is contributing to the demise of the United States economy.
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Former Vermont Gov. Howard Dean blasted anti-tax rhetoric Thursday, arguing that Americans owed something back to the nation that created the world’s most successful economy. In an appearance with Home Depot co-founder Bernie Marcus on CNBC’s “The Kudlow Report,” Dean took a shot at the businessman’s stance. “You made a lot of money because you live in the United States of America,” he said. “We owe something to the government to grow up in this great country. I’m tired of hearing people in the private sector talk like they don’t owe the government anything. We do. This is a great...
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Last Monday, during his company’s quarterly earnings conference call, Steve Wynn, CEO of Wynn Resorts, said what a lot of people in the business community have been thinking for the last two-plus years. “I’m afraid to do anything in the current political environment in the United States,” he said. “Those of us who have business opportunities and the capital to do it are going to sit in fear of the president.”He didn’t stop there. “I’m saying it bluntly,” he continued. “This administration is the greatest wet blanket to business and progress and job creation in my lifetime.”And with that, Steve...
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The Home Depot legend wasn't mincing words in my interview with him yesterday. and he wants the president and his team to get a clue. The complete transcript is here. HH: Let me ask you, Bernie Marcus, people will be very interested in this, do you think we can turn this around? Can this economy go back to the era of growth that Home Depot experienced in the 80s and 90s? Is that possible again? BM: Listen, the American people are very resilient, unlike other people in the world. We just have to get out of their way. We just...
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