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Kharkiv, Ukraine CNN —Thirty miles to the north, Russian forces are invading again. 00:41 - Source: CNNHotel manager Olha SokolenkoOlha Sokolenko, director of Kharkiv Palace Hotel, was in the hotel at the moment of the strike. This is my homeland.”Kharkiv’s mayorKharkiv's mayor, Ihor Terekhov, was elected just a few months before the Ukraine war broke out. To send signals both to Kharkiv residents who stay here that life goes on, and signals to those outside of Kharkiv that Kharkiv is a Ukrainian city and people live here.”Lomako explains that he and his partners traveled across the country to collect local recipes and techniques. Kharkiv theater goes undergroundThis theater in Kharkiv is one of several city institutions forced underground by the war.
Persons: Yuriy Sapronov, Sapronov, Chasiv Yar, , Yuriy, Daria Tarasova, ” Sapronov, Olha Sokolenko, Sokolenko, Olha, , Kolotay, Cristiano Ronaldo, Matviy, Mikhaylo Galushko, ” Galushko, Ihor Terekhov, Volodymyr Zelensky, ” Terekhov, Borys Lomako, “ It’s, ” Lomako, Lomako, Dmytro Gurov’s, Dmytro Gurov, CNN Gurov, Gurov, it’s, Oksana Stetsenko, ” Stetsenko, Neda Nezhdana Organizations: CNN, Ukraine CNN, Emergency Service, Soviet, Kharkiv, CNN Hotel, Hotel, ” FC Metalist Kharkiv Matviy Kolotay, FC Metalist Kharkiv, Hirnyk Sport, Coaches, FC Metalist, English, Everton, UEFA, Kharkiv's, Russia, Hyundai, Russian, Employees, Schools Locations: Kharkiv, Ukraine, Russian, Ukraine’s, Che, Russia, , Kaliningrad, Soviet Union, Soviet, Kyiv, Kremenchuk, Uzhhorod, Poltava, Ukrainian, Dnipro
CNN —Cristiano Ronaldo may be in the twilight of his career, but the soccer star still tops Forbes’ list of the world’s highest-paid athletes thanks to his huge wages in Saudi Arabia. According to Forbes’ list, which was released on Thursday, Ronaldo earned $260 million over the last 12 months, $200 million from his club contract with Al-Nassr and $60 million in off-field earnings. Rahm’s total earnings are $218 million, Forbes calculated – $198 million through playing wages alone – while Messi’s are $135 million, more than half of which ($70 million) are off-the-field payments. Ronaldo, one of four Saudi-based soccer players on the list of the 50 highest-paid athletes, made his debut for Al-Nassr in January 2023. Forbes’ 10 highest-paid athletes in 2024:
Persons: CNN — Cristiano Ronaldo, Forbes, Ronaldo, Jon Rahm, LIV, Lionel Messi, Nassr, Neville Hopwood, LeBron James, Giannis Antetokounmpo, Steph Curry, Karim Benzema –, Mbappé, Lamar Jackson, Serena Williams, Maria Sharapova, Li Na, Naomi Osaka Organizations: CNN, Forbes, Al, Inter Miami, Saudi Pro League, Neymar, , Baltimore Ravens, NFL, Forbes ’ Locations: Saudi Arabia, Saudi, Hilal
Juventus is a 127-year-old Italian soccer club with a long history of success. With 32.7 million followers, Juventus' account is the fifth-most-followed soccer team on the platform, and its audience is bigger than that of the NBA or WWE. It's also the sixth in the world across all social media, according to data from the soccer analysis platform Football Benchmark. From left: Juventus players Wojciech Szczęsny and Kenan Yıldız with YouTuber Celine Dept during the launch day of Juventus Creator Lab. One of the areas of the new Juventus Creator Lab.
Persons: It's, Juventus, Mike Armstrong, Cristiano Ronaldo, Paulo Dybala, Armstrong, Filippo Alfero, he's, we've, fandoms, it's, Wojciech Szczęsny, Kenan Yıldız, Celine, Daniele Badolato Organizations: Juventus, UEFA Champions, NBA, WWE, Business, Juventus FC, Amazon Prime, YouTube, EA Sports, Getty, Juventus FC At Locations: Italian
CNN —Jude Bellingham celebrated winning his first ever La Liga title with his mother, posting a picture on Instagram of the two hugging with the legendary Santiago Bernabéu Stadium stretching out behind them. We had a lot of continuity from the first to the last game.”When Bellingham joined Real Madrid, expectations were high for the young Englishman. Jude Bellingham celebrates with Real Madrid fans after winning the Champions League quarterfinal against Manchester City. He scored 10 goals in his first 10 games, won La Liga’s player of the month for August and quickly displayed his knack of finding late winners, rescuing Real late on against Getafe in September. It isn’t just his goalscoring that has proven so effective for Real Madrid.
Persons: CNN — Jude Bellingham, Santiago, Rodrygo, Ballon, Carlo Ancelotti, , Realmadrid, , Jude Bellingham, Molly Darlington, Karim Benzema, Kylian Mbappé, “ Jude Bellingham, David Beckham, Cristiano Ronaldo, Zinedine Zidane, Zidane, Steve McManaman, “ There’s, I’ve, Cádiz, CNN’s Amanda Davies Organizations: CNN, Liga, Real Madrid, Borussia Dortmund, La Liga, Bellingham, El, Barcelona, League, Manchester City, Reuters, Champions League, La, Real, Getafe, Spanish, Marca, TNT Sports, TNT, Warner Bros . Locations: Bellingham, La, Spanish, Madrid
Three times a day we would gather "off the desk," and I would have to defend every stock we owned. First, there's the obvious mistakes that we have made: Bausch Health and Foot Locker . To signify the changes, he renamed it Bausch Health in 2018, after the eye-care company Valeant bought for $8.7 billion five years earlier. We thought the IPO market would come back, and Bausch Health would win the lawsuit and all would be back on track. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.
Persons: Jeff Marks, Karen Cramer, Cramer, Karen, Max Palevsky, It's, Joseph Papa, Clint Eastwood, Papa, Jim Cramer, Valeant, Bausch, Locker, Mary Dillon, Dillon, Wall, Emerson, Cristiano Amon, Laxman Narasimhan, Howard Schultz, Narasimhan, Benckiser, Kevin Johnson, Schultz, Johnson, it's, , Foot Locker, Jim Cramer's, Jim Organizations: Cramer &, Intel, Charitable Trust, Co, Starbucks, Bausch Health, Pharmaceuticals, Perrigo, Health, Norwich Pharmaceuticals, Former, Emerson Electric, Qualcomm, National, Eaton Corp, Broadcom, Palestine, PepsiCo, Nestle, Elliott Management, Emerson, CNBC, Getty Locations: China, , Israel, U.S, BHC, FL, Jinan, East China's Shandong province
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailQualcomm CEO on automotive investments: 'As new cars are launched you'll start to see the benefits'Cristiano Amon, Qualcomm CEO, joins 'Closing Bell Overtime' to talk quarterly results, its automotive endeavors, diversification and more.
Persons: Cristiano Amon Organizations: Qualcomm
Qualcomm reported second-quarter earnings on Wednesday that surpassed Wall Street expectations, and provided a strong guide for the current quarter. Qualcomm said it expected between $8.8 billion and $9.6 billion in sales in the current quarter, higher than Wall Street expectations of $9.05 billion. Analysts were looking for earnings guidance of $2.17 per share, versus the company's forecast of between $2.15 and $2.35. Qualcomm called out strong demand for "premium tier" smartphones that require the most advanced chips, especially in China. Qualcomm said that revenue from Chinese phone makers increased 40% on an annual basis during the quarter.
Persons: Cristiano Amon, Amon, Organizations: Qualcomm Locations: Las Vegas , Nevada, iPhones, China
There are few people in the world better at Instagram than Selena Gomez. The "Spring Breakers" star said during the panel discussion that taking an extended break from Instagram was helpful for her mental health. "I took four years off of Instagram and I let my team post for me," she said. "I felt like it was the most rewarding gift I gave myself. Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Selena Gomez, Gomez, Lionel Messi, Cristiano Ronaldo, Raquel Martin, Martin Organizations: Tennessee State University, CNBC Locations: Instagram
CNN —Cristiano Ronaldo was red carded for elbowing an opponent during Al-Nassr’s defeat against Al-Hilal in the Saudi Super Cup semifinal. Sadio Mané did score for Al-Nassr following Ronaldo’s departure, but earlier goals from Salem Al-Dawsari and Malcom gave Al-Hilal a 2-1 victory. There was no way back for Al-Nassr from there, despite Mané’s consolation goal after Ronaldo’s red card. The defeat on Monday means that Ronaldo and Al-Nassr are likely to end this season without a trophy. Al-Hilal will now face Al-Ittihad in the Saudi Super Cup final in Abu Dhabi on Thursday.
Persons: CNN — Cristiano Ronaldo, Hilal’s Ali Al, Bulayhi, Sadio Mané, Dawsari, Malcom, Hilal, Jorge Jesus, Otávio, Ronaldo remonstrates, Stringer, Ronaldo Organizations: CNN, Al, Saudi Super, Salem Al, men’s, Saudi Pro League, Asian Champions League, SPL Locations: Hilal, Abu Dhabi, Portuguese, Salem, Saudi Arabia, Riyadh, Ittihad
But Xi is also trying to dent US global power on several fronts. AdvertisementChina's President Xi Jinping presented an uncharacteristically affable image Wednesday, smiling broadly for US business leaders at a meeting in Beijing. The Chinese leader sought to assure investors including Cristiano Amon of Qualcomm and Stephen Schwarzman of the Blackstone Group that the downturn in China's economy, its biggest contraction in 15 years, would be over soon. AdvertisementOn the one hand, Xi is seeking to implement China's long-term strategy of displacing the US as the world's pre-eminent power. China's economy, after decades of growth, is experiencing its most serious problems in decades.
Persons: Xi Jinping, He's, Xi, , Cristiano Amon, Stephen Schwarzman, Jonathan Ward, Ali Wyne, Joe Biden, Robert Daly, Wilson Organizations: Service, Qualcomm, Blackstone Group, United, Communist Party, US Navy, Taiwan, Wilson Center, CBS, International Crisis Group, Institute, NPR, US Locations: Beijing, China, Xinhua, United States, Ukraine, Russia, Taiwan, Iran, North Korea
CNBC Daily Open: A key inflation gauge in focus
  + stars: | 2024-03-28 | by ( Sumathi Bala | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Yellen on China dumpingU.S. Treasury Secretary Janet Yellen warned that China is dumping its surplus of solar panels and EVs on global markets, distorting market prices. This signals Beijing's latest efforts to boost foreign investment in China as relations with the U.S remain fraught. Investors anxious over a market decline should hedge their positions to limit risk in financial assets, according to fund managers.
Persons: Janet Yellen, Yellen, Xi Jinping, Stephen Schwarzman, Cristiano Amon, Mark Carney, Francis Scott Key, David Neuhauser Organizations: CNBC, Dow, Treasury, U.S, Blackstone, Qualcomm, Bloomberg, Francis Scott Key Bridge, Livermore Partners Locations: Yellen, China, U.S, Baltimore, Port of Baltimore
CNN —Age, they say, is just a number – an adage that appears to ring true for soccer star Lionel Messi. “The truth is I haven’t thought about it yet,” said Messi, who turns 37 in June. “Today, I try to enjoy it day-by-day, enjoy every moment without thinking about it more than that. Messi celebrates winning the World Cup with Argentina in 2022. Asked about what will factor into his decision to retire, Messi said: “The moment that I’m not at the level to deliver, that I’m not enjoying it, that I’m not helping my teammates.
Persons: Lionel Messi, Messi, hasn’t, Ballon d’Or, , it’s, Cristiano Ronaldo, aplenty, Nassr, Carl Recine, Reuters Messi, I’m, , ” Messi, Argentina’s, El Savaldor Organizations: CNN, Argentina, La Liga, Barcelona, Reuters, MLS, Inter Miami, Leagues, Eastern Conference, El, Inter, New York Locations: , Portugal, Saudi Arabian, Costa Rica, New York City
China's President Xi Jinping speaks at an event held by the National Committee on US-China Relations and the US-China Business Council on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Leaders' Week in San Francisco, California, on November 15, 2023. Carlos Barria | Afp | Getty ImagesBEIJING — Chinese President Xi Jinping told U.S. executives on Wednesday that bilateral relations can improve, and pledged that Beijing would keep working to improve the business environment. In the Chinese side's readout, Xi described China's economy as "sound and sustainable," and pushed back on some forecasts that the country would soon "peak." The National Committee on U.S.-China Relations did not provide a statement. "I commend [Xi's] personal engagement in the U.S.-China relationship, including a meeting like this.
Persons: Xi Jinping, Carlos Barria, Stephen Schwarzman, Cristiano Amon, Evan G, Greenberg, Harvard's John F, Dean Graham Allison, Craig Allen, Xi, Wang Yi, Zheng Shanjie, Commerce Wang Wentao, Rajesh Subramaniam, Chubb Organizations: National Committee, China Relations, China Business Council, Economic Cooperation, APEC, Afp, Getty, U.S, China -, Blackstone, Qualcomm, Kennedy School of Government, U.S ., China Business, Authorities, National Development, Commerce, FedEx, CNBC, Committee Locations: Asia, San Francisco , California, BEIJING, Beijing, China, United States, U.S
Foreign direct investment in China has slumped in recent months as a combination of slower growth, regulatory crackdowns, onerous national security legislation and questions about the country’s long-term growth prospects have shaken confidence in the world’s second biggest economy. But global investors remain wary of China’s rising scrutiny of Western companies as well as a structural slowdown. In the first two months of 2024, foreign direct investment (FDI) into the country shrank nearly 20% from a year ago, underscoring weak confidence among global executives. Another gauge of FDI — direct investment liabilities — showed a 82% slump in 2023, according to figures released by the State Administration of Foreign Exchange. China has set this year’s economic growth target at around 5%, the same as last year’s.
Persons: Xi Jinping, Cristiano Amon, Raj Subramaniam, Stephen Schwarzman Organizations: Taipei CNN, Qualcomm, FedEx, Blackstone, of, International Monetary Fund, World Bank, China Development, Commerce Ministry, State Administration of Foreign Exchange, American Chamber of Commerce Locations: China, Hong Kong, Taipei, Beijing, United States
The forum this year coincided with other efforts to attract foreign business. However, a combination of geopolitical tensions, regulatory uncertainty and slower economic growth have made it more challenging for foreign businesses in China. ... foreign companies share the same lack of confidence and worries about an uncertain future that is felt amongst much of China's domestic industry. Looking for economic clarityFor businesses considering China investment plans, the country's near-term growth outlook is another factor. He emphasized China's large market, industrial supply chain, and pointed out how China has worked on issues such as data exports and equal market treatment for foreign businesses.
Persons: Tim Cook, Management Dean Bai Chong, Xi Jinping, Stephen Schwarzman, Cristiano Amon, Mark Carney, Rajesh Subramaniam, Joe Biden, Carlos Gutierrez, Sean Stein, Gutierrez, Biden, Scott Kennedy, Peter Bachmann, Bachmann, Kennedy, Stephen S, Roach, Yale Law School's Paul Tsai, he's, China's, Han Zheng, Amin H, Nasser Organizations: Apple, China Development Forum, Tsinghua University School of Economics, Management, China News Service, Getty, U.S . Blackstone, Qualcomm, Bloomberg, FedEx, China, Cyberspace Administration, U.S, American Chamber of Commerce, of Commerce, Scott, Scott Kennedy Center for Strategic, Studies, China Centre, University of Applied Sciences, Arts Northwestern Switzerland, Center for Strategic, International Studies, Yale Law, Yale Law School's Paul Tsai China, Communist Party, Invest, CNBC, Aramco Locations: China, BEIJING, U.S, San Francisco, Beijing, Shanghai, Washington ,, Saudi
CNN —Saudi Arabian club Al-Hilal set the world record for the most consecutive victories in men’s soccer on Tuesday, defeating Al-Ittihad 2-0 in the AFC Champions League. Before that, Dutch giant Ajax had held the record for 44 years after a 26-game winning streak between 1971 and 1972. “Everyone at Al Hilal is delighted to achieve world football history by winning 28 consecutive matches,” said manager Jorge Jesus. “It is up to everyone at Al-Hilal to ensure that we close out the season as Roshn Saudi League champions and meet our targets in the cup competitions. According to Guinness World Records, Olympique Lyonnais Féminin has the most consecutive wins in soccer – men’s or women’s – with 41 across all competitions between 2012 and 2013.
Persons: Hilal, Al Hilal, , Jorge Jesus, Romarinho, Yasser Al, Shahrani, Hilal's, Yasser Bakhsh, Abderrazak, Ali Al, Malcom, Jesus, ” Al, Al Ain, Cristiano Ronaldo’s Al, Nassr, Neymar Organizations: CNN, Saudi, Al, AFC Champions League, Welsh, New Saints, Ajax, , , Saudi League, Champions League, Saudi Pro League, Guinness World Records, Olympique Lyonnais Féminin Locations: Saudi Arabian, Ittihad, Al, Hilal, Jeddah
CNN —Cristiano Ronaldo’s Al-Nassr crashed out of the AFC Champions League after a thrilling tie against Al Ain ended 4-4 on aggregate before the Emirati side triumphed on penalties. Monday’s end-to-end game could have gone either way, though Ronaldo will likely regret his staggering miss in the second half which could have seen Al-Nassr progress to the semifinals. Together, always!”After Al Ain won the first leg 1-0, the visiting team got off to a superb start in Riyadh thanks to two first-half goals from Soufiane Rahimi, whose neat finish had been the difference between the teams last week. Al Ain players celebrate their dramatic victory. Al Ain, chasing its first AFC Champions League title in 21 years, will next face another Saudi Arabian team – either Al-Hilal or Al-Ittihad – in the semifinals.
Persons: CNN — Cristiano Ronaldo’s Al, Nassr, Al Ain, Ronaldo, , Soufiane Rahimi, Khalid, Sadio Mané, Abdulrahman, Fayez, Alex Telles ’, Ayman Yahya, Sultan Al, Shamsi, Raghed Al, Yasser Bakhsh, Marcelo Brozović Organizations: CNN, AFC Champions League, Al, Getty, AFC, League, Saudi Arabian Locations: Riyadh, Portuguese, Al Ain, Saudi, Al, Hilal, Ittihad
BARCELONA, Spain (AP) — Spanish state prosecutors have accused Real Madrid coach Carlo Ancelotti of alleged tax fraud, claiming he used shell companies to hide parts of his income during his first stint at the club a decade ago. Prosecutors in Madrid said in a statement Wednesday that they are accusing Ancelotti of two accounts of tax fraud and are requesting a prison sentence of four years and nine months. Photos You Should See View All 60 ImagesFormer Madrid coach Jose Mourinho received a one-year suspended sentence after reaching a guilty plea for tax fraud in 2019. Star players Lionel Messi and Cristiano Ronaldo — among others — have also been found guilty of tax fraud in Spain. Madrid is leading the Spanish league and is set to play Leipzig on Wednesday for a spot in the Champions League quarterfinals.
Persons: Carlo Ancelotti, Ancelotti, Jose Mourinho, Lionel Messi, Cristiano Ronaldo —, , Mourinho, Ronaldo, Messi, ___ Organizations: Real Madrid, Prosecutors, Madrid, Champions League, AC Milan, Spanish, Star, Leipzig Locations: BARCELONA, Spain, Spanish, Madrid, Ancelotti, England, Italy, Germany, France
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'We have not been restricted' on being able to sell our products in China, says Qualcomm CEOCristiano Amon, CEO of Qualcomm, discusses the company's relationship with China.
Persons: Cristiano Amon Organizations: Qualcomm Locations: China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'We are starting to see the AI revolution' on mobiles, says Qualcomm CEOCristiano Amon ,CEO of Qualcomm, discusses AI and the mobile phone industry with CNBC.
Persons: Cristiano Amon Organizations: Qualcomm, CNBC
CNN —Portuguese and Al-Nassr star Cristiano Ronaldo has been banned for one match and fined for “provoking” fans in a Saudi Pro League match on Sunday. In footage from the game, Ronaldo can be seen cupping his hand to his ear, taking in the chanting from the opposing Al-Shabab fans. Ronaldo gestures towards the Al-Shabab fans. As a result, Ronaldo has been suspended for one match, ordered to pay around $2,666 (10,000 riyals) to the SAFF and an additional $5,333 (20,000 riyals) to Al-Shabab for complaint filing fees. Ronaldo, a five-time Balon d’Or winner, joined Al-Nassr following an acrimonious exit from English Premier League side Manchester United in late 2022.
Persons: Cristiano Ronaldo, Al Nassr’s, Ronaldo, Al, Lionel Messi’s, Yasser Bakhsh, Waleed Al, Farraj, ” Ronaldo, Yannick Carrasco’s, Nassr, Anderson Talisca, Shabab, Carlos Júnior’s, Talisca, Hazm Organizations: CNN, Saudi Pro League, Riyadh, Al, Saudi Arabian Football Federation, English Premier League, Manchester United, Real Madrid, Juventus, Reuters Al Locations: Shabab, Al, Saudi
CNN —Cristiano Ronaldo has come under scrutiny for a gesture he made towards fans following Al-Nassr’s 3-2 win against Al-Shabab in the Saudi Pro League on Sunday. In footage from the match, fans can be heard taunting Ronaldo by chanting about Lionel Messi, a long-time rival of the 39-year-old forward. The gesture is now being investigated by the Saudi Arabian Football Federation (SAFF), according to Saudi-owned media outlet Asharq Al Awsat, which cited unnamed sources. CNN has contacted Ronaldo’s representatives, the SAFF, Al-Nassr and Al-Shabab for further comment. It was Al-Nassr, however, which would have the final say as Talisca’s second goal deep into the match completed a 3-2 victory in an exciting encounter.
Persons: CNN — Cristiano Ronaldo, Ronaldo, Lionel Messi, Al Awsat, Nassr, , Yannick Carrasco’s, Shabab, Carlos Júnior’s, , Waleed Al, Farraj, Asharq Al Awsat, John Duerden, Organizations: CNN, Al, Saudi Pro League, Saudi Arabian Football Federation, Guardian Locations: Shabab, Saudi, Al, Riyadh, Hilal, Portuguese, Saudi Arabia
CNN —The stars were out in force to watch Lionel Messi’s Inter Miami against LA Galaxy in Sunday’s 1-1 draw – and the Argentine, unsurprisingly, didn’t disappoint. LA Galaxy, once a home for some of Major League Soccer’s superstar signings following David Beckham’s arrival in 2007, took the lead in the 75th minute through Serbian striker Dejan Joveljić. Despite its new star-studded lineup, which now also features Luis Saurez, Jordi Alba and Sergio Busquets, Inter Miami was thoroughly outplayed for much of the match and looked to be heading for defeat until Messi’s intervention in the 92nd minute. Former Galaxy star Beckham, who has a statue outside of the the club’s stadium and is now a part-owner of Inter Miami, didn’t celebrate the equalizing goal against his former team. Actors Edward Norton and Liv Tyler watched alongside David Beckham and son Brooklyn Beckham.
Persons: Lionel Messi’s, Novak Djokovic, Halle Berry, Edward Norton, Liv Tyler, Anderson Paak, Tobin Heath, Diana Taurasi, David Beckham’s, Dejan Joveljić, Luis Saurez, Jordi Alba, Sergio Busquets, Kevork Djansezian, Messi, Alba, John McCarthy, Marco Delgado, Busquets, Beckham, , Riqui Puig, Gerardo Martino, ” Martino, Joseph Paintsil, David Beckham, Brooklyn Beckham, Leo, , Cristiano Ronaldo Organizations: CNN, Lionel Messi’s Inter Miami, LA Galaxy, Argentine, Christen Press, Major League, Serbian, Inter Miami, Barcelona, Galaxy, Miami, didn’t, North, Messi Locations: Miami, Argentina, North America
Read previewMany professional athletes get paid a lot of money to play their sports, but for some, their endorsement deals are more lucrative than their salaries. Los Angeles Lakers' LeBron James is the professional athlete who earned the most from endorsements and sponsorship deals last year, per Sportico. Athletes tend to retire younger than the average worker, so endorsement deals help them maximize their earnings while they're still in the spotlight. But without these restrictions, star athletes like James would likely earn much more over the course of their careers. AdvertisementThe athletes with the lowest endorsement earnings are listed first.
Persons: , LeBron James, Dre, Cristiano Ronaldo, they're, Travis Kelce, James Organizations: Service, Los Angeles Lakers, LeBron, Nike, PepsiCo, Lakers, Business, Al, Kansas City Chiefs, NBA, NFL, NHL Locations: Saudi
American consulting shops like McKinsey & Co., BCG, Teneo, and M. Klein & Co. are helping Saudi Arabia diversify its oil-dependent economy through its lucrative Public Investment Fund. This story is available exclusively to Business Insider subscribers. Saudi Arabia, though, has imposed strict rules on what information the American consulting companies can share with the US government, and that's irked some American lawmakers. AdvertisementSo much so that Congress forced the heads of McKinsey, BCG, Teneo, and M. Klein & Co. to testify this week about their failure to comply with subpoenas regarding their firms' work with Saudi Arabia . BCG, Teneo, and M. Klein & Co. did not respond to a request for comment from Business Insider.
Persons: , Cristiano Ronaldo, Sen, Richard Blumenthal, Bob Sternfels, Rich Lesser, Blumenthal, Michael Klein Organizations: Service, McKinsey & Co, Klein, Co, Public Investment Fund, Business, Saudi, Al, McKinsey, Investigations Locations: Saudi Arabia, United States, Saudi
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