Keyword: kevinoleary
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“Shark Tank” star Kevin O’Leary faced a grilling Tuesday night for allowing his companies to do business with Silicon Valley Bank – despite repeatedly referring to doomed firm’s management as “idiots” this week. During an appearance on Fox News Channel’s “Hannity,” O’Leary admitted that “many companies” in his private equity portfolio had deposits in SVB prior to its collapse. That included the crypto firm Circle, which had a whopping $3 billion tied up in the bank. “This bank was run by idiots with an incompetent board. It’s one bank, no one ever heard the name before,” O’Leary said. The response...
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Shark Tank star Kevin O’Leary ripped leftist Rep. Alexandria Ocasio-Cortez (D-NY) for her role in hamstringing the tax-obsessed state of New York from being able to effectively produce jobs. O’Leary called leftist-run states like New York, California, Massachusetts and New Jersey “uninvestable,” on the Mar. 3 edition of CNN This Morning. Turning to New York, O’Leary quipped that “the policy here is insane — the taxes are too high.” He noted having to move businesses out of New York because of the state's wild, punitive taxing and regulatory apparatuses. He later put AOC on blast: “She’s great at killing jobs....
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In an interview with CNBC on Thursday, O’Leary said he put about $9.7 million of his spokesman check into crypto tokens with his FTX account, which has dropped to zero after the exchange collapsed last month. SNIP O’Leary said he told the disgraced crypto tycoon, “Look Sam, I am just one investor, but my account has a zero in it, and there are no accounting records. Where did the money go? I need to find where the money went.” O’Leary admitted that he fell into the “groupthink” pitfall, drinking the Kool-Aid on institutional investors’ frenzy to get in on crypto...
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Shark Tank host and entrepreneur Kevin O’Leary made the case for why President Joe Biden’s so-called “Inflation Reduction Act” will actually be “very inflationary” on Monday.
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Shark Tank star Kevin O’Leary smacked the censor czars at Twitter for their abysmal performance, defended Elon Musk’s bid for owning the platform and stood up for free speech — all in under five minutes.
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Shark Tank star and businessman Kevin O’Leary ripped apart the draconian economic lockdowns states have inflicted on the American restaurant industry in response to the pandemic. During the Dec. 7 edition of CNBC’s Squawk Box, co-host Joe Kernen asked O’Leary if it was “possible to thread the needle” between “total lockdowns” and protecting the “vulnerable, because the cure” could be “as bad as the disease.” O’Leary didn’t hold back his frustration against what these orders have done to food service businesses where he holds shares, specifically in Los Angeles, California. O’Leary’s critique — in a nutshell — centered on the...
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Shark Tank star and businessman Kevin O’Leary had some pretty sharp words for Democratic presidential nominee Joe Biden and his anti-fracking positions. During the Election Day edition of CNBC’s Squawk Box, co-anchor Rebecca Quick highlighted a recent CNBC/Change Research survey that found more likely voters in swing states (48 percent) chose the economy as the most important issue facing the country going into the election. She then turned to her guests O’Leary and Operation HOPE Inc. CEO John Hope Bryant for comments on what they’re seeing happen in the business community. Leary stated that 80 percent of his companies “are...
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Why Trump won and why he will win again from Shark Tanks Kevin O'Leary | YouTube | paint the trail | Published on October 16, 2019
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Although the U.S. is on a record streak for job-creation, many Americans still feel like they can't get ahead — it's not their imagination. The last three decades have seen the economy churn out more and more jobs that offer inadequate pay, a group of researchers found. "The history of private-sector employment in the U.S. over the past three decades is one of overall degradation in the ability of many American jobs to support households — even those with multiple jobholders," they wrote. The group wants to popularize a new economic metric, called the Job Quality Index, that goes beyond...
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The wife of “Shark Tank” star Kevin O’Leary has been charged in connection with the fatal boat crash last month on a Canadian lake, according to reports. Linda O’Leary, 56, was charged with careless operation of a vessel stemming from the Aug. 24 collision on Lake Joseph in Ontario that killed two passengers of another vessel, CTV News reported on Tuesday. She was allegedly piloting the boat when it slammed into a larger, 13-person vessel returning to a lake cottage just before midnight. A New York man who was driving the other boat was also charged in connection with the...
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“Shark Tank” star Kevin O’Leary was involved in a weekend boat crash on a Canadian lake that killed two people, according to reports. The 65-year-old reality star said his wife, Linda, was driving his boat when they crashed into another vessel Saturday night on Lake Joseph in Ontario, TMZ reported. “Late Saturday night I was a passenger in a boat that had a tragic collision with another craft that had no navigation lights on and then fled the scene of the accident,” O’Leary told the outlet. “I am fully cooperating with authorities.” The two victims were on a larger, 13-person...
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Appearing on CNBC Wednesday, Canadian businessman and television personality Kevin O’Leary raved about the state of the U.S. economy , based on his more than 50 “Shark Tank” companies. “Most of the Sharks have a similar portfolio,” O’Leary told CNBC on Wednesday. “It’s an amazing index on America’s economy because they’re almost in every state, in every sector.” O’Leary along with investors Mark Cuban, Robert Herjavec, Barbara Corcoran, Lori Greiner and Daymond John put up their own money on “Shark Tank” to buy stakes in start-ups looking for capital and influential business partners. “I can report to you, on a...
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The U.S. is likely to maintain a trade deficit with China even if all tariffs are removed. Why? The U.S. is the largest economy in the world, and the American consumer has a ferocious appetite for goods and services. The U.S. economy simply consumes more than it exports. This is not going to change anytime soon. Tariffs are a different deal. They are imbalances. Take the automotive industry, for example. The Chinese and Europeans charge higher tariffs on U.S. cars coming into their markets than corresponding Asian and European automobiles entering the U.S. markets. This has been going on...
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Donald Trump is bound for the White House, and when he reaches the Oval Office, stocks will "go straight up," said Kevin O'Leary, chairman of O'Leary Financial Group. *snip* Last month, Blackstone Group Chairman and CEO Stephen Schwarzman, a longtime Republican, told CNBC's "Squawk Box" that if he were faced with a choice between Trump and Texas Sen. Ted Cruz, he would "be really trying to figure out where we go." Though he said he would opt for Trump in that scenario. But O'Leary said he does not believe corporate America is truly afraid of a Trump presidency. "He wants...
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"Shark Tank's" Kevin O'Leary offers a dose of reality for those watching CNN's "Out Front" with Erin Burnett today http://townhall.com/tipsheet/greghengler/2014/02/25/shark-tank-investor-obama-should-ask-small-business-owners-if-they-agree-with-his-statements-n1800624
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