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Posts Tagged ‘Morgan Brennan’

‘LeBron Effect’ Brings CNBC’s Morgan Brennan to Cleveland

304LebronLeBron James will play his first game in Cleveland tonight since heading back to the Cavaliers after “taking his talents” to South Beach in 2010. James’ return means big business for the city and CNBC’s Morgan Brennan is live in Cleveland throughout the day to cover it. The “LeBron effect” increases ticket sales, hotel reservation and web traffic, so CNBC is on the ground to cover the business angle of the biggest homecoming in sports.

From increased jersey sales to local restaurants thriving, the “LeBron effect” has a significant impact on the economy. According to Brennan’s report, Cuyahoga County projects a $50 million boost to the local economy. More jobs will be created to meet visitor demand and more taxes collected due to increased consumer spending on tickets and in local businesses.

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The Biz Ticker: Brennan, Survey Says, Bloomberg

  • Morgan Brennan joins CNBC as a general assignment reporter. Brennan comes from Forbes Media where she was a staff writer and reporter Forbes Magazine, ForbesLife and Forbes.com. She also worked as an anchor/reporter/producer for the Forbes Video Network.

  • In a Business Insider survey about financial news, Bloomberg TV beat out CNBC and Fox Business as the preferred channel among those polled. Bloomberg TV also has the preferred morning show, preferred closing bell show and best anchors.

  • The New York Times has a meaty A1 story all about Bloomberg News amid staffing cuts, new news initiatives and its place in the Bloomberg business empire.