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Gen X musicians often inspire Rodrigo's music. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Rodrigo has long paid dues to her Gen X predecessors, calling them a huge inspiration to her music. On her most recent album, "GUTS," the singer told Rolling Stone that she tapped into tunes from the all-woman ensemble Babes in Toyland to help craft "All-American Bitch" — a song questioning misogynistic expectations. It's clear that she's gaining some street cred among Gen X: Of course, she is buddies with Stefani.
Persons: Olivia Rodrigo, Gwen Stefani, Rodrigo, Stefani, Gen, , It's, Willow, Jada Pinkett, Smith, Alanis Morissette's, Rodrigo's, Fiona Apple, Rolling Stone, Billie Joe Armstrong, Jack White, White, She's Organizations: Service, Nylon Magazine Locations: Coachella
Instead a deal is now being negotiated to trim the size of the property's $240 million mortgage and potentially extend the loan at below-market interest rates in an attempt to revive the property's fortunes. The negotiations show that as hundreds of billions of dollars of commercial real estate debts come due or have already tumbled into default, deals are being arranged behind the scenes to try to stave off financial catastrophe. More borrowers and lenders have sought to buy timeThere is mounting evidence that such negotiations are taking place more widely. There have been concerns that trillions of dollars of upcoming commercial property debt maturities could inflict heavy losses that could weigh on investors and lenders across the property market and even cause systemic issues in the banking sector. The deal is part of a growing number of sales by some lenders to cut down their exposure to commercial real estate.
Persons: Realty, Michael Maturo, we'd, Maturo, Jack Terzi, Terzi, Jamie Woodwell, Stephen Buschbom, Trepp, Alan Todd, David Blumberg, Raymond Boyd, Blumberg, Robert Ivanhoe, Greenberg Traurig, Ivanhoe Organizations: New, Aareal Bank, Business, JTRE Holdings, Mortgage Bankers Association, Treasury Department, Bank of America, 601W Companies, Aon, Aon Center, Federal Reserve Locations: New York, Lower Manhattan, Manhattan, New York City, Chicago
"Royal Gold's valuation is now more compelling under our new commodity price assumptions and with modest relative underperformance of Royal Gold share price year to date." Citi reiterates Tesla as neutral Citi lowered its price target on the stock to $196 per share from $224 ahead of the company's delivery numbers in early April. We rate the shares Overweight." Citi reiterates Nvidia as buy Citi said it's sticking with its buy rating on shares of Nvidia. HSBC initiates Spotify as buy HSBC initiated the stock with a buy and said it's "hitting the right notes."
Persons: Morgan Stanley, Tesla, Evercore, Raymond James, GoDaddy, BIL, Baird, Tesla Baird, it's, Wells, Mizuho, Cabot, OEC, Needham, DraftKings, Davidson downgrades Lowe's, UBS downgrades Linde Organizations: Western Digital, KBW, BMO, Royal, Royal Gold, Netflix, JPMorgan, Apple, Deutsche Bank, Citi, Visa, Marvell Citi, UBS, Disney, GE, Nvidia, AMD, HSBC, Spotify, Barclays, JetBlue, LIN Locations: Wells Fargo, GDDY, China, 473.3k
Jason Alden | Bloomberg | Getty ImagesBARCELONA — British telecommunications giant BT says it expects to launch its first so-called "standalone 5G" network in 2024. Howard Watson, BT's chief technology officer, told CNBC that the telco group plans to switch on its standalone 5G network, which is often referred to in the industry as "true" 5G, later this year. "We've already been ensuring that the SIM cards that our customers have in their current 5G devices can do 5G standalone," Watson added. 5G standalone is different from 5G Advanced, though. 5G standalone refers to the development of a 5G network that isn't being built on top of 4G cores.
Persons: Jason Alden, Howard Watson, Watson, Milind Kulkarni, Kulkarni Organizations: BT Group, Bloomberg, Getty, BT, CNBC, Mobile, Congress, Swedish, Ericsson, Qualcomm, Apple, Samsung Locations: Reading, BARCELONA, British, Barcelona, Europe
Under the U.S. Department of Education's income-driven repayment plans, student loan borrowers are entitled to get any of their remaining debt forgiven after 20 years or 25 years. Scott Buchanan, executive director of the Student Loan Servicing Alliance, a trade group for federal student loan servicers, refuted that the companies benefit by veering from the government's orders. Shortly after Fox heard that his student loans were forgiven, he received a payment from the government for $56,801. When he told people he was still paying off his student debt, they scratched their heads. Over the decades, based on Fox's records which CNBC reviewed, he paid around $200,000 to his federal student loans.
Persons: Marlon, George, servicers, Nadine Chabrier, Fox, he'd, Scott Buchanan, Buchanan, I've, Marlon Fox, overpayments, Biden, Debbie Organizations: Biden, U.S . Department, Center for, Lending, The Education, Student Loan, Alliance, Palmer College of Chiropractic, CNBC Locations: forbearances
Roughly $2.1 trillion of debt connected to commercial real estate assets, including office properties, apartment buildings, hotels, and retail spaces, will come due between now and the end of 2025 in the US, according to the real estate services firm JLL. The wave of maturities and the enormous equity shortfalls have raised concerns that a growing number of commercial real estate debts will fall into distress, forcing banks and other lenders to suffer losses. His group tracked about $15 billion of commercial property debt sales during the year, roughly three times the volume from 2022. Commercial real estate loans differ from residential mortgages taken by homeowners in that most are interest-only or pay down their principal balance minimally and span a decade or less. More banks are exploring loan salesBanks and other lenders generally aren't eager to seize the real estate assets that collateralize their debt.
Persons: Jerry, Stephen Scouten, Piper Sandler, it's, Kevin Aussef, Aussef, David Tobin, Marcus, Millichap, Synovus, Tobin, David Frosh, they're, Frosh, Fitch, David Blumberg, we'd, Blumberg, Daniel Geiger, Rob Verrone, Banks, You've, Bliss Morris, Morris Organizations: Amerant Bank, Business, Banking, CIBC, Mission, PacWest, HSBC, Fidelity, Funding Inc, Blackstone, Bloomberg, Broadway, Aon Center, 601W Companies, Iron Hound Management, First Financial Locations: Coral Gables , Florida, Houston, Canadian, Brookfield, Los Angeles, Columbus, Manhattan, Midland, Chicago, Oklahoma City, New York
"After recent rises in fares, we should expect a modest price correction in some markets in 2024, although underlying pricing should generally remain strong," it said. However, Amex GBT's "Air Monitor 2024" is expecting only international airfares to drop in 2024 — notably for flights between North America and Asia. BCD Travel Travel Market Report 2024 OutlookTravelers in the U.S. may see some savings. The travel company Hopper expects fares in the U.S. to drop — at least for the first six months, according to its "2024 Travel Outlook" report. However, IATA also stated that the industry faces considerable challenges, from customer competition and high operating costs to government regulations.
Persons: Amex, , Hopper, John Grant, Who's, Willie Walsh Organizations: International Air Transport Association, Global, GBT Consulting, FCM, Travel, GBT's Air Locations: Asia, North America, U.S, Europe, Ukraine, Gaza, Pacific, India, China, America, Mexico Africa
Goldman Sachs has unveiled its "conviction list" of top stock picks in Europe for December — and London-listed shares of BT Group stand out. Goldman Sachs expects BT's share price to more than double to 290 pence over the next 12 months. Wall Street rivals Morgan Stanley and JPMorgan also believe BT shares are mispriced as investors have undervalued its network arm, Openreach. Conviction list Other prominent stocks on Goldman's conviction list include Delivery Hero , Burberry , Bureau Veritas and Philips . Goldman notes that its conviction list should not be seen as a portfolio, as the stocks are not weighted.
Persons: Goldman Sachs, Goldman, Morgan Stanley, Openreach, Terence Tsui, — CNBC's Michael Bloom Organizations: BT Group, BT, Wall, JPMorgan, Burberry, Veritas, Philips Locations: Europe, London
Three stocks — Liberty Broadband , U.K.'s BT Group and JD Sports Fashion — have risen by double-digit percentages this year. Liberty Broadband Liberty Broadband is a telecommunication holding company that has an ownership interest in Charter Communications, the second-largest cable operator in the United States. The consensus price target of analysts polled by FactSet points to a 55% upside potential for Liberty Broadband shares from the current share price of $82. Deutsche Bank views Liberty Broadband as an attractive way to invest in Charter, estimating it trades at a 32% discount to net asset value (NAV). BT.A-GB YTD line Their price target of 220 pence implies an additional 79% share price increase over the next year from the current share price of 123 pence.
Persons: FactSet, Bryan Kraft, Benjamin Soff, Morgan Stanley, Openreach, Terence Tsui, Kate Calvert, Calvert, JD, Michael Bloom Organizations: Liberty Broadband, BT Group, JD, Wall, CNBC Pro, CNBC Pro Stock, Liberty Broadband Liberty Broadband, Charter Communications, Deutsche Bank, CHTR, BT, JD Sports, North America, Dick's Sporting Goods Locations: United States, Alaska, U.K, BT.A, Europe, North, Derby, Heerlen, Netherlands, U.S
BT rises after quarterly earnings beat forecasts
  + stars: | 2023-11-02 | by ( ) www.cnbc.com   time to read: +1 min
A BT Group Plc logo on a EE/BT Group Plc store in London, UK, on Wednesday, May 17, 2023. BT Group, Britain's biggest broadband and mobile provider, posted a second quarter earnings beat and forecast annual cash flow at the top end of a range, lifting its shares in a parting boost for outgoing CEO Philip Jansen. Shares in BT jumped 5% in early deals, good news for Jansen who is due to step down early next year and has long said he has been disappointed by the group's stock performance. Her job will be to complete Jansen's multi-billion pound push into fibre networks and extending 5G networks, the cost of which has hit free cash flow and weighed on the share price. For the three months to the end of September, BT posted a 3% rise in adjusted core profit (EBITDA) to 2.06 billion pounds ($2.51 billion) beating the 2.03 billion pounds consensus forecast.
Persons: Philip Jansen, Jansen, Hargreaves, Matt Britzman, Allison Kirkby, Sweden's Organizations: BT, BT Group Plc, BT Group Locations: London
Branding is displayed for Vodafone at one of its stores in London, Britain, June 14, 2023. REUTERS/Toby Melville/File Photo Acquire Licensing RightsLONDON, Oct 17 (Reuters) - Executives from Vodafone (VOD.L) and CK Hutchison's (0001.HK) Three UK unit said their 15 billion pound ($18 billion) merger would benefit Britain's consumers, infrastructure and jobs, as lawmakers scrutinise the planned tie-up. Vodafone and Three UK have pledged to invest 11 billion pounds to build a 5G network for Britain as part of their bid to secure backing from politicians, unions and competition authorities for the merger announced in June. They warned that without the deal, Britain's 5G network would continue to lag that of other European nations. "Neither us nor Vodafone can invest sufficiently to build the type of 5G network that's needed," Three's Chief Technical Officer David Hennessy said.
Persons: Toby Melville, CK Hutchison's, Nicki Lyons, David Hennessy, Stephen Lerner, Sarah Young, Mark Potter Organizations: Vodafone, REUTERS, HK, Trade, VM O2, Telefonica, Liberty Global, Thomson Locations: London, Britain
Billionaire investor Ray Dalio believes the surging 10-year Treasury yield could rise even higher to the 5% threshold as he sees hotter inflation for longer. "It would seem that something like a 5% rate, and there's nothing precise about that, but in that neighborhood, you know, would be maybe about right ... with the risk higher," Dalio said Tuesday at the Greenwich Economic Forum in Greenwich CT. The 10-year Treasury yield, which serves as a benchmark for mortgage rates, jumped to 4.76% on Tuesday, i ts highest level since 2007. Deficit risk Then Dalio said the imbalance of government debt's supply and demand picture also caused yields to go higher. "When you look at the expected returns for this moment, cash is a relatively attractive asset class at this moment," Dalio said.
Persons: Ray Dalio, Dalio, That's Organizations: Greenwich Economic, Treasury, Federal Reserve, Bridgewater Locations: Greenwich, Greenwich CT
Here's what you need to know about the impact of collections and how to get them removed from your credit report. As it ages on your credit report, its effect on your credit score will decrease until it falls off entirely. There are a few different — and completely legal — ways you can try to remove it from your credit report to fix your credit score. While paying off a debt in collections will not improve your credit or remove the collections from your credit report, a collections agency can sue you for unpaid debt if it's still within the statute of limitations. A CFPB report on credit reports in 2022 found 175 million total collections tradelines on credit reports, down from 261 million when the report was last updated in 2018.
Persons: it's, there's, John Owens, you've, Markia Brown, Brown, Owens, Rick Eicheldinger, Zarrad, Eicheldinger Organizations: Service, Monterey Financial Services Locations: Wall, Silicon, Chevron
Kirby has previously served as president and CEO of Swedish telecoms provider Telia, with experience at Virgin Media and Denmark's TDC. She has been a member of the BT Group board for the past four years. His legacy includes BT's push to build a national fibre network, offering discounted wholesale fibre pricing to major broadband providers in exchange for shifting customers to the grid. U.K. telecoms regulator Ofcom in May ruled that BT subsidiary Openreach's Equinox 2 wholesale pricing scheme was allowed. "Based on the evidence available to us, we don't consider Openreach's new pricing discounts to be anti-competitive," Ofcom said at the time.
Persons: Allison Kirkby, Philip Jansen, Kirby, Jansen Organizations: BT Group, Telia, Virgin Media, TDC, BT, Ofcom, Openreach's
SummaryCompanies BT boss who spearheaded fibre roll-out to step downJansen simplified former monopoly, retreated from sportsShares nearly halved under his tenureLONDON, July 10 (Reuters) - BT (BT.L) Chief Executive Philip Jansen will step down within the next year, having set plans in motion for Britain's biggest telecoms provider to cut jobs, become leaner and complete the roll-out of a national fibre network. Jansen had informed BT's board of directors that he plans to leave at "an appropriate moment" within the next 12 months, BT said on Monday. Since early 2019, Jansen has steered BT through a crucial period in its 177-year-history, secured funding for a national fibre network for 25 million homes and businesses and handled the arrival of billionaire investor Patrick Drahi on the shareholder register. "We suspect investors will find this transition a little premature given the fruits of BT's fibre investments have still yet to be proven out," analysts at J.P.Morgan wrote in a client note. Analysts named BT's consumer brands boss Marc Allera and Allison Kirkby, a BT board member and chief executive of Sweden's Telia, as possible successors.
Persons: Jansen, Philip Jansen, BT's, Patrick Drahi, J.P.Morgan, Adam Crozier, Marc Allera, Allison Kirkby, Sweden's, Sarah Young, Kate Holton, Sharon Singleton Organizations: BT, Britain's, Discovery, Deutsche Telekom, Ofcom, Thomson Locations: France, United States, Portugal, Israel
BT CEO Jansen plans to step down over the next 12 months
  + stars: | 2023-07-10 | by ( ) www.reuters.com   time to read: +1 min
LONDON, July 10 (Reuters) - Britain's BT (BT.L) said on Monday it had started the hunt for a new chief executive after Philip Jansen told the board he planned to step down at "an appropriate moment" within the next year. He also recently set out his longer-term vision for BT, saying it could cut potentially over 40% of its workforce once it has completed the fibre rollout and adapted to new technologies such as artificial intelligence. "This is creating a much stronger BT Group which is starting to drive growth for both investors and the UK." Jansen, a former boss of Worldpay, took over at the top of BT in February 2019. "The succession process to replace Philip is something that the board was well prepared for," Chairman Adam Crozier said.
Persons: Philip Jansen, Jansen, Patrick Drahi, " Jansen, Worldpay, Philip, Adam Crozier, Sarah Young, Kate Holton, Sachin Ravikumar Organizations: BT, Thomson
Medical debt can affect your credit score, but its been deprioritized by the credit industry. While FICO has lessened the weight of medical debt on your credit score, VantageScore completely removed medical debt from its calculations. How to improve your credit after medical debtWhile unpaid medical debt doesn't have the same impact on your credit score as an unpaid credit card bill, it can impact your credit nonetheless. Once you transfer that debt to your credit card, those protections you and your credit score have against medical debt no longer apply. Medical debt frequently asked questionsIs medical debt being removed from credit reports?
Persons: FICO, VantageScore, , doesn't, Experian, Tiffany Cross, Rick Eicheldinger, You'll, Cross Organizations: Service, Consumer Financial Protection Bureau, Kaiser Family Foundation Locations: United States
Offshore yuan notes have reached a record issuance, as foreign borrowers take advantage of China's lower rates. So far this year, $10.4 billion worth of so-called panda bonds have been issued in China by offshore borrowers. According to Bloomberg, international borrowers have issued around $10.4 billion worth of "panda bonds" in 2023, a form of offshore yuan notes that remain within China's domestic interbank market. This year's issuance of panda bonds marks a new high, surpassing the prior record of $10.2 billion for the same year-to-date span set in 2021. That has induced foreign borrowers like the Mercedes-Benz Group and the Hungarian government to take advantage of China's lower rates.
Persons: , That's Organizations: Service, Bloomberg, Benz Group, European Central Bank, US Federal Reserve, P Global Locations: China
Under the terms, Vodafone will own 51% and Hutchison 49% of the combined group, which will be led by current Vodafone UK boss Ahmed Essam. The finance chief of Hutchison's Three UK, Darren Purkis, will take the same role in the new group. The combined operator will have about 27 million customers, overtaking BT's (BT.L) EE and VM O2, jointly owned by Telefonica (TEF.MC) and Liberty Global (LBTYA.O). Vodafone, which is currently Britain's third-biggest mobile operator, and fourth-placed Hutchison will have options which would allow Vodafone to acquire the Hong Kong-based conglomerate's 49% stake in the future. Shares in Vodafone, which fell to a 25-year low of 71 pence on Tuesday, rose 3.6% after the deal was announced.
Persons: CK Hutchison, Canning Fok, Ahmed Essam, Darren Purkis, Hutchison, Vodafone's Essam, Robert Finnegan, Gail Cartmail, Paul Sandle, Clare Jim, Kate Holton, Sharon Singleton, Kirsten Donovan Organizations: Vodafone, CK, HK, Hutchison, Hutchison's, BT's, VM O2, Telefonica, Liberty Global, Britain's Competition, Markets Authority, CMA, Unite, Thomson Locations: HONG KONG, Britain, Hong Kong, China, London
We've got you covered for everything you need on where to watch a Man City vs. Inter Milan live stream for free, wherever you are on the planet. Where to watch Man City vs. Inter Milan in the USWatching the Champions League final in the US is very affordable, as it has been all season at Paramount Plus. Free Champions League final live stream from anywhereThere are several free options available today. You can opt for the Essential or Premium tier trials; both come with live streaming of the Champions League final. Turn it on and set it to a country with a free live stream.
Persons: We've, you'll, ExpressVPN, LIV Golf, we'd Organizations: Inter Milan, League, Champions League, Paramount Plus, Paramount, PT, CBS, Nickelodeon, Comedy Central, BET, MTV, There's, BT Sport YouTube, RTL Zwee, Canale, BT Sport, BT, Free, Inter Milan's, Italy's, RTL, Canada Soccer, Canada Locations: Italy, Austria, Canada, Europe, Luxembourg, Austrian
CEO of industrial manufacturer Oshkosh Corp. John Pfeifer told CNBC's Jim Cramer artificial intelligence is already making his products more efficient. In fact, it has the potential to make vehicles like garbage trucks completely autonomous. Pfeifer said the company has already used AI to eliminate the role of the person who traditionally stands at the back of the truck. "The continuous evolution of autonomous functionality and AI will allow better productivity that ultimately can go completely unmanned." "We really like this acquisition, we've been working on this for a little while, probably three or four years we've been interested in it," Pfeifer said.
Persons: John Pfeifer, CNBC's Jim Cramer, Pfeifer, we've Organizations: Oshkosh Corp, Oshkosh, JBT's
[1/2] FILE PHOTO: The company logo of CK Hutchison Holdings is displayed at a news conference in Hong Kong, China March 17, 2016. REUTERS/Bobby YipHONG KONG/LONDON, June 7 (Reuters) - Vodafone (VOD.L) and CK Hutchison (0001.HK) are in the final stages of agreeing to merge their British operations, with a long-awaited announcement expected as soon as Friday or early next week, three sources have told Reuters. Including debt the deal could be valued at around 15 billion pounds ($18.6 billion), according to analysts. The deal will face intense scrutiny from regulators who have previously opposed deals that reduce the number of networks in major markets from four to three. ($1 = 0.8061 pounds)Reporting by Clare Jim in Hong Kong and Paul Sandle in London; Editing by Kate HoltonOur Standards: The Thomson Reuters Trust Principles.
Persons: Bobby Yip HONG, CK Hutchison, Hutchison, Clare Jim, Paul Sandle, Kate Holton Organizations: CK Hutchison Holdings, REUTERS, Vodafone, CK, HK, Reuters, British, Hutchison, BT's, VM O2, Telefonica, Liberty Global, Thomson Locations: Hong Kong, China, Bobby Yip HONG KONG, London
Then you're in luck, as our up-to-date and fact-checked guide has everything you need to know about where to watch a West Ham vs. Fiorentina live stream online today. Where to watch West Ham vs. Fiorentina in the USIt's super simple this season, with just the one streaming service in the US, Paramount Plus, required for Europa Conference League matches, including tonight's final. Where to watch West Ham vs. Fiorentina in CanadaSoccer fans in Canada will need to stump up some extra cash to enjoy a Champions League live stream of West Ham vs. Fiorentina tonight, as DAZN Canada holds the local viewing rights. Europa Conference League final: West Ham vs. Fiorentina free live streamThere are several free options available today. How to watch West Ham vs. Fiorentina with a VPNSign up for a VPN if you don't have one.
Persons: you'll, ExpressVPN, LIV Golf Organizations: Europa Conference League, Fiorentina, West Ham, US, Paramount, PT, CBS, Nickelodeon, Comedy Central, BET, MTV, There's, League, BT Sport YouTube, TV8, Canada Soccer, Canada, Europa League, BT Sport, BT, Paramount Plus, Champions League Locations: West Ham, Italy, Austria, Canada, West, Europe, Ham, Austrian
US consumers are in great shape but the economy will face headwinds down the road, Jamie Dimon said. The JPMorgan CEO noted that prices of homes and assets had gone up and that debt is in a "good position". Sign up for our newsletter to get the inside scoop on what traders are talking about — delivered daily to your inbox. "The thing about the economy is that today's still doing fine, consumers are in great shape, home prices have gone up for 10 years, asset prices have gone up, debt's in good position," Dimon told reporters on Capitol Hill in Washington, DC on Tuesday. People rely on the consistency standards that we have, the rule of law, or investor protections – we shouldn't be challenging that."
Persons: Jamie Dimon, , today's, Dimon, we'll, it's, I'd Organizations: JPMorgan, Service, Capitol, Deutsche Bank Locations: Washington , DC, Ukraine, United States
This guide has everything you need to know about where to watch a Sevilla vs. Roma live stream for free tonight. Where to watch Sevilla vs. Roma in CanadaSoccer fans in Canada will need to stump up some extra cash to enjoy a Champions League live stream of Sevilla vs. Roma tonight, as DAZN Canada holds the local viewing rights. Watch the Europa League final: Sevilla vs. Roma free live streamThere are several free options available today. You can opt for the Essential or Premium tier trials; both come with Champions League and Europa League live streaming. How to watch Sevilla vs. Roma with a VPNSign up for a VPN if you don't have one.
Persons: José Mourinho, ExpressVPN, LIV Golf Organizations: Sevilla, Europa League, Seville, Roma, US, Paramount, PT, CBS, Nickelodeon, Comedy Central, BET, MTV, There's, League, BT Sport YouTube, RTL Zwee, Rai, Canada Soccer, Canada, BT Sport, Champions League, Conference League, BT, Paramount Plus Locations: Italy, Austria, Canada, Luxembourg, Europe, Sevilla, Austrian
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