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CNBC

Billionaires Carl Icahn and Bill Ackman Bury the Hatchet

IcahnAckmanPershing Square Capital CEO Bill Ackman and fellow billionaire investor Carl Icahn hugged it out this week at CNBC’s Delivering Alpha conference in New York, settling a feud that goes back 10 years, and which came to a boil on CNBC last year in what became one of the most memorable business news debates in years.

New York Times Dealbook reports CNBC arranged a meeting between the two men a few weeks ago, which led to the public appearance at the conference last week.

For a flashback, read through for the January, 2013 billionaire brawl…

(Photo: Heidi Gutman/CNBC)

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CNBC Announces Fall Primetime Lineup; ‘Shark Tank’ Upped to Nightly

cnbc logo_304x200CNBC announced its fall primetime lineup today featuring more “Shark Tank” and original series.

Starting in late September, “Shark Tank,” which currently airs Tuesday’s at 8pm and 9pmET, will air in primetime Monday through Friday.  Since acquiring the popular show’s off-network cable rights, “Shark Tank” has helped CNBC crack the top 10 cable news shows list in the A25-54 demo.

“The Profit” returns on Tuesday, October 14 with 10 new episodes following self-made millionaire Marcus Lemonis as he pours his own money into struggling businesses. Last week, Lemonis helped stave off the extinction of the popular cupcake shop “Crumbs.”

“‘The Profit’ and ‘Shark Tank’ have helped transform CNBC’s Tuesday night lineup into appointment television and also delivered a younger audience to the network in primetime,” said Jim Ackerman, SR. VP of primetime alternative programming for CNBC.

The network’s car-flipping show, “The Car Chasers,” debuts its third season on Wednesday, November 5 at 10pmET. And a new series, “The Filthy Rich Guide,” premieres Wednesday, October 1 at 10pmET. The networks previews “a fun, fast-paced guide that catalogues the ways in which the .01 percent spend their money.”

Rick Santelli: ‘We’re America! We Don’t Believe in Consensus! We Set the Consensus!’

SantelliLiesmanCNBC’s Rick Santelli is nothing if not passionate. From his perch in Chicago today, Santelli appeared on the “Fast Money Halftime Report,” and went on a rant, debating CNBC’s senior economics reporter Steve Liesman, and others on the panel at CNBC headquarters.

Liesman and Santelli have gone at it before. Like here in 2009 and here in 2010. This time, the two debated inflation, interest rates and the Fed.

“Why do we debate it? Why don’t we let the market tell us?,” Santelli said in response to Liesman’s point about Federal Reserve moves. “I don’t care about general consensus. I don’t care that Europe offers entitlements. We’re America! We don’t believe in consensus. We set the consensus,” Santelli screamed, to cheers from the crowds behind in at the Board of Trade in Chicago. Give that man a lozenge.

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Barry Diller on Aereo: ‘It’s Over’

barry diller aereo interviewCNBC’s Becky Quick got the first comments from IAC Chairman and Aereo investor Barry Diller about the Supreme Court ruling against the streaming TV service. Quick caught up with Diller, who is out of the country, on the phone.

“I do think it is a big loss for consumers wanting an alternative to the bundle,” says Diller who was at the Supreme Court for the arguments in April. “We did try, but now it’s over.” Diller’s comments today echo what he’s been saying leading up to the decision, should Aereo lose.

Aereo CEO and Founder Chet Kanojia adds, “Today’s decision by the United States Supreme Court is a massive setback for the American consumer. We’ve said all along that we worked diligently to create a technology that complies with the law, but today’s decision clearly states that how the technology works does not matter. This sends a chilling message to the technology industry.”

Paul Clement, the attorney for the broadcasters, says, “Today’s decision is a victory for consumers. The Court has sent a clear message that it will uphold the letter and spirit of the law just as Congress intended.”

The petitioners in the case, American Broadcasting Companies v. Aereo, included American Broadcasting Companies, Inc.; Disney Enterprises, Inc.; CBS Broadcasting Inc.; CBS Studios Inc.; NBCUniversal Media, LLC; NBC Studios, LLC; Universal Network Television, LLC; Telemundo Network Group LLC; WNJU-TV Broadcasting LLC; WNET; Thirteen Productions, LLC; Fox Television Stations, Inc.; Twentieth Century Fox Film Corporation; WPIX, LLC; Univision Television Group, Inc.; The Univision Network Limited Partnership; and Public Broadcasting Service.

CNBC’s Jane Wells Interviews a CEO … In the Bathroom

CNBC anchors and correspondents are used to interviewing CEOs, but one such interview this week took place in an unusual locale: the bathroom. CNBC reporter Jane Wells interviewed Allen Klevens, the CEO of a startup called Tooshlights that has created a lighting system for public restrooms to let people know which stalls are available, in the bathroom at the Hollywood Bowl, the company’s first customer. Part of the interview features Wells and Klevens talking while sitting in adjacent stalls. Watch:

Joe Kernen Has ‘High Bar’ for What Offends Him, but Rick Perry’s Comments Exceed It

KernenPerry1This morning, CNBC “Squawk Box” co-anchor Joe Kernen told Texas Governor Rick Perry it takes a lot to offend him, but Perry’s recent comments comparing homosexuality to alcoholism did just that.

“I have a really high bar for what I would take offense to, but that would exceed the bar for me,” Kernen said. “I don’t think gay marriage leads to cirrhosis of the liver, or domestic violence, or DWI’s…I don’t see how that’s similar.”

Perry responded that he understood people have different opinions on the issues, and gay marriage should be left to the states. Kernen then asked Perry if he thinks you can change a homosexual person into a heterosexual. “I don’t know…the fact is we’ll leave that to the psychologists and the doctors to decide.” Last week, Perry suggested that one might have the genetic coding to be an alcoholic, but can choose not to be, and said he looks at homosexuality the same way.

Kernen told Perry the real group they need to focus on changing: “For us conservatives, if I could change big government, high-tax progressives into fiscal conservatives…that’s where I would work.”

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Carl Quintanilla Joins HBO’s ‘Real Sports with Bryant Gumbel’

carl quintanillaCNBC anchor Carl Quintanilla is joining HBO’s “Real Sports with Bryant Gumbel” as a correspondent. He will continue to anchor his CNBC shows, including “Squawk on the Street” and newly-launched “Squawk Alley.”

“I’m thrilled to be joining REAL SPORTS,” Quintanilla said in a statement. “The quality of their reporting is as good as there has ever been on television, led by correspondents I’ve admired my entire career. I couldn’t ask for a better team on which to play a part.”

Quintanilla joins a stable of “Real Sports” correspondents including Soledad O’Brien, Mary Carillo and Bernard Goldberg. The announcement from HBO is after the jump. Read more

Jim Cramer: My First Big Break

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You may know him for his stock-picking strategies, staying ahead of the bulls, and out of the way of the bears. But Jim Cramer‘s big break happened far from Wall Street, in Tallahassee, Florida, at a sorority house, which became the scene of a grisly crime.

Following a humble start as a newspaper reporter, along the way Cramer became a magazine writer, a lawyer, a hedge-fund manager, an online publisher and a best-selling author. And he did it all while honoring his parents’ wishes. Here’s Jim Cramer’s First Big Break.

During CNBC Interview, Regis Philbin Gets Summer Internship Offer

During an appearance on CNBC’s “Fast Money” this week, Regis Philbin was offered a job — as a summer intern.

During Philbin’s appearance, Greenlight Capital president David Einhorn called in to the CNBC control room because he’s “always wanted to meet Regis.” Einhorn, who runs a New York-based hedge fund, congratulated Regis on a recent stock pick and said he’d like to bring Philbin on in an official capacity: “We’re trying to get some young blood in at Greenlight, some young minds, and I was wondering maybe if you want to come intern for the summer,” Einhorn suggested.

“Exactly what I’ve got, some young blood,” Philbin joked. Watch:

On CNBC, Putin Talks Snowden: ‘We Gave Him a Refuge, But He Didn’t Tell Us Anything’

PutinCNBCAround 7:30amET, CNBC carried live a Q&A with Geoff Cutmore, who hosts “Squawk Box” on CNBC Europe and Russian President Vladimir Putin. The Q&A followed Putin’s address at the International Economic Forum in St. Petersburg.

Cutmore asked Putin whether there is a “road back” in his relationship with Pres. Obama “given the level of hostility at least that seems to be played out in the international media.”

From the CNBC transcript, Putin is quoted as saying:

We never did anything to ruin our relationship and despite very rushed rhetoric and opposing approaches to some very topical matters, our cooperation continues… We continue cooperation on the Iranian nuclear programme. I just met the Iranian President in Beijing on the sidelines of an international forum and we spoke about further joint action involving Iran, and taking onboard U.S. position on the Iranian nuclear issue. Syria remains an important issue. And although our views diverge sometimes we still hope we will come to some agreement. Then we have common agenda confronting terrorism…. So we have many points of convergence that of interest to both Russia and U.S. We are not trying to fence ourselves out from the rest of the world. But you can’t force people to like you, as we say in Russia. But we hope that common sense, good sense, and national interest will push our European and American partners to continue cooperation with United States.

Cutmore then asked Putin if Russia’s relationship with the U.S. was “already breaking down over things like the Snowden affair?”

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