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☆ Charter Holdings CEO: Very, very cautious on retail performance this year
▼ + stars: | 2024-01-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCharter Holdings CEO: Very, very cautious on retail performance this yearRay Washburne, Charter Holdings CEO, joins 'Squawk on the Street' to discuss Washburne's negative outlook for the consumer, the signals Washburne sees that alert him to these trends, and more.

Persons: Ray Washburne Organizations: Charter Holdings

☆ Indian Devotees Splurge on Jets, Gold Idols as Hindu Temple Opens
▼ + stars: | 2024-01-19 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

Indian Prime Minister Narendra Modi and Asia's richest man Mukesh Ambani are among the 8,000 or so attendees at Monday's inauguration event for the Ram Temple, which devotees believe is built on the birthplace of Lord Ram, a sacred Hindu deity. Officials estimate 100 private jets will descend on Jan. 22 on Ayodhya airport, filling it to capacity. Mehra did not disclose the price of the charters, but private jet booking website JetSetGo lists the price of a Mumbai-Gorakhpur flight on a Falcon 2000 jet with nine passengers on board at about $74,000. There is a waiting period of two weeks," said Baldev Singh, a manager at HS Jewellers in Lucknow city. "People are betting on economic prosperity but there's also emotional attachment to be part of the Ayodhya story."

Persons: Saurabh Sharma, Tanvi Mehta, Narendra Modi, Mukesh Ambani, Lord Ram, Modi, It's, Rajan Mehra, Mehra, Baldev Singh, Amitabh Bachchan, Abhinandan, Abhinandan Lodha, Aditya Kalra Organizations: Indian, Ram, Bharatiya Janata Party, Dassault, Reuters Locations: Tanvi Mehta AYODHYA, India, Ayodhya, Varanasi, Gorakhpur, Mumbai, Thailand, Lucknow city

☆ Cable companies are replacing ancient cable boxes with these tiny new gadgets
▼ + stars: | 2024-01-18 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

Cable companies are trying to catch up with the times, though, and now want you to replace your clunky set-top cable boxes with sleek, Apple TV-like streaming devices – gadgets that could save customers money. Xumo is one step in cable companies’ broader strategy to combine live TV with streaming – essentially rebundling streaming services like the old cable bundle. Moving from a cable box to Xumo will save cable customers money. It’s a shift for cable companies that long relied on trying to get households to add as many set-top cable boxes in their homes as possible. It could be a while before the ancient cable box completely disappears, however.

Persons: Max, ‘, Xumo, Bruce Leichtman, ” Craig Moffett, Jessica Fischer Organizations: New, New York CNN, Cable, Apple, Comcast, Netflix, Disney, CNN, Google, “ Cable, ” Locations: New York

☆ Opinion | The U.S. Lacks What Every Democracy Needs
▼ + stars: | 2024-01-16 | by ( Richard L. Hasen | ) www.nytimes.com time to read: +1 min

The history of voting in the United States shows the high cost of living with an old Constitution, unevenly enforced by a reluctant Supreme Court. Unlike the constitutions of many other advanced democracies, the U.S. Constitution contains no affirmative right to vote. Our problems are only going to get worse until we get constitutional change. The framers were skeptical of universal voting. The original U.S. Constitution provided for voting only for the House of Representatives, not for the Senate or the presidency, leaving voter qualifications for House elections to the states.

Organizations: U.S . Constitution, Canadian Charter of Rights, Freedoms, Bundestag, Constitution, Senate Locations: United States, U.S ., Canada, Federal Republic of Germany, U.S

☆ How to find a reasonably-priced and resilient stock amid the rush of earnings reports ahead
▼ + stars: | 2024-01-15 | by ( Michael Khouw | ) www.cnbc.com time to read: +8 min

Strong Balance Sheet: A strong balance sheet is often a primary indicator of a quality company. Consistent Earnings Growth: Quality companies usually exhibit steady and predictable earnings growth. Typewriter manufacturing wasn't a sustainable growth industry regardless of whether it adhered to ESG factors or not. Bear in mind that finding a quality company cheap isn't likely, but we would prefer to avoid crowded (i.e. Even without delving into the quality of management and other factors it's clear that AT & T is not a "quality" company as I defined it above.

Persons: Martin Luther King, Walt Disney Organizations: JPMorgan, Good, Sustainable, Sector, Charter Communications, Comcast, Electronic Arts, Fox Corp, Interpublic, Match, Meta, Netflix, News Corp, Omnicom, Paramount Global, Interactive, Verizon, Walt, Warner Brothers, Apple Locations: America

☆ Ukraine says China needed for peace process after Davos meeting
▼ + stars: | 2024-01-15 | by ( ) www.cnbc.com time to read: +2 min

China needs to be involved in talks to end the war with Russia, Ukraine's top representative said after a high-level diplomatic meeting ahead of the World Economic Forum in Switzerland. Ukraine's presidential chief of staff Andriy Yermak said on Sunday it was important that Russian ally China was at the table when Kyiv convenes further meetings on its peace formula. Zelenskiy is due to arrive in Bern, Switzerland on Monday to meet the President of the Swiss Confederation Viola Amherd. We must find ways to work with China on this," Cassis said, adding that both Russia and Ukraine were not willing to make concessions. The role of the Global South in Ukraine's peace formula talks has come into focus in the lead up to Davos.

Persons: Volodymyr Zelensky, Andriy Yermak, Li Qiang, Volodymyr Zelenskiy, Li, Yermak, Viola Amherd, Ignazio Cassis, Cassis, Jamie Dimon, Vladimir Putin Organizations: Economic, Swiss, JPMorgan, Ukraine, Bloomberg News, Dimon, Cuban Missile, European Union, Kyiv, Global, United Nations Locations: Davos, China, Russia, Ukraine's, Switzerland, Ukrainian, Bern, Swiss, Ukraine, Brazil, India, South Africa, Africa, Latin America, East, Asia

☆ Even wealthy Los Angeles residents are moving to (slightly) cheaper cities and mansions out of state
▼ + stars: | 2024-01-15 | by ( Dan Latu | Kelsey Vlamis | ) www.businessinsider.com time to read: +6 min

Many wealthy buyers say they were driven out by a so-called mansion tax in Los Angeles, among other tax-related issues. Los Angeles topped Redfin's list of US metropolitan areas that homeowners are most looking to leave, based on their user data of home searches. Wealthier Americans — those making more than $200,000 per year — are moving out of high-cost cities like New York and Los Angeles, according to personal finance site SmartAsset. San Diego real-estate agent Jennifer Janzen says she's recently had Los Angeles clients head south to trade up in style. Another client of Janzen's was a young family who grew tired of the city life in Los Angeles.

Persons: —, Gus Lira, Lira, Lira's, Summerlin, she's, Jennifer Janzen, Janzen, Sotheby's, grâce, Jade Mills, Rob Desantis, Mary Fitzgerald Organizations: Service, Getty, Hollywood, Las, Golden, LA, Bloomberg, Los, Netflix Locations: Los Angeles, Malibu, California, Orange County, Las Vegas, Nevada, Vegas, Red, Vegas from California, Seattle, Florida , Texas, Tennessee, New York, Diego, Angeles, Rancho Santa Fe, San Diego, LA, Santa Fe, Manhattan

☆ Heading to Davos, here's what was overheard on connecting trains from Zurich to the World Economic Forum
▼ + stars: | 2024-01-15 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +7 min

The small Swiss Alpine town is again playing host to the World Economic Forum (WEF), where the world's top brass in finance and politics convene each year to try to solve the biggest problems that plague our planet. But the long and winding road to Davos offers another lesser-known benefit, which makes the lengthier commute well worth the while. Here's what was overheard on the connecting trains from Zurich Airport to Davos Platz. OpenAI's media representative declined CNBC's request to interview Altman in Davos, citing a "tight" schedule. One Davos attendee noted their company was in the IP space and had just raised this summer, because "the rights issue is so complicated."

Persons: MacKenzie, OpenAI, Sam Altman, Davos MacKenzie Sigalos, Altman, Marc Benioff, Albert Bourla, reminisced, Sting Organizations: Volvo, Economic, Zurich Airport, Davos Platz, Swiss National Railway, Microsoft, Pfizer, The New York Times, Switzerland Cantonal Police, Disney, Landquart Locations: DAVOS, Switzerland, Manhattan, Scalettastrasse, Davos, Swiss, Zürich, Zurich, Zürich Hauptbahnhof, Saudi Arabia, Grisons, Brazil

☆ ‘Nothing is moving:’ Families’ anger grows in Israel as hostages mark 100 days in Hamas captivity
▼ + stars: | 2024-01-14 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +11 min

A hostage release deal agreed between Israel and Hamas in late November ended after six days, with more than 100 freed. Others are angry at what they see as a failure by the Red Cross to help them. Cohen accused the Red Cross of failing in its mission to protect civilians. He was also critical of the Red Cross, which he accused of failing in its mission to protect civilians. “The countries that support the Red Cross should turn off the tap and tell them there’s no more money,” he said Monday.

Persons: There’s, It’s, ” Naama Weinberg, Itai Svirsky, Be’eri, ” Weinberg, “, Itai, Orit, Rafi – Itai’s, Aviva Sela, Grace Cabrera, Weinberg, Dror Weinberg Almog, ”, Saleh, Lianne Kolirin, Svirsky’s, Israel’s, Yahya Sinwar, they’ll, Shai Wenkert, Omer, Ilia Yefimovich, Wenkert, Echoing Weinberg, Benjamin Netanyahu, Clodagh Kilcoyne, Reuters Wenkert, Cross, “ Omer, Kfir Bibas, Bresler, Noa Argamani, ” Bresler, ” Moshe Cohen, Cohen, ’, Moshe Cohen, Argamani, She’s Organizations: CNN, Aviva, IDF, Hamas, Nova, Forum, Reuters, International Committee, Hostage, Nvidia, Ministry of Health, ICRC Locations: Israel, Tel Aviv’s, Lebanon, Arouri, Gaza, Tel Aviv's, Bresler, South America, Mexico, Geneva, Switzerland

CNN —The border between Egypt and Gaza “must” be closed, Israeli Prime Minister Benjamin Netanyahu said Saturday – a move that would give Israel complete control over the Palestinian enclave’s access to the world. Egypt has previously warned Israel against military operations in the corridor, according to Egypt’s Ahram Online. Gaza borders Israel on two sides, and its Mediterranean coast and airspace are also under tight Israeli blockades. But aid groups say it is still far from enough and warn of a growing risk of famine for Gaza’s isolated population if Israeli restrictions on imports persist. In three months of siege, more than 23,000 people have been killed in Gaza, according to health authorities in the Hamas-controlled enclave.

Persons: Benjamin Netanyahu, Netanyahu, We’ll, we’ll, ” Netanyahu, Israel’s “, ”, Israel, Netanyahu’s Organizations: CNN, Egypt’s Ahram, United Nations, United Nations Office, Humanitarian Affairs Locations: Egypt, Gaza, Israel, Rafah, United, Israel’s Kerem Shalom, United States

☆ Israel denies genocide accusations at top UN court, says war in Gaza is self-defense
▼ + stars: | 2024-01-12 | by ( Christian Edwards | ) edition.cnn.com time to read: +11 min

South Africa and Israel are signatories to the 1948 Genocide Convention, meaning they are obliged not to commit genocide and to prevent and punish it. South Africa has asked the court to order Israel to suspend its military campaign in Gaza. In January 2020, the court granted The Gambia’s request for provisional measures to protect the Rohingya people remaining in Myanmar from genocide. A 2022 report by Human Rights Watch found continued abuses against the Rohingya remaining in Myanmar, despite the provisional measures. South Africa cited Israeli Prime Minister Benjamin Netanyahu’s address to Israeli forces on October 28, ahead of the imminent launch of its ground offensive in Gaza.

Persons: Israel, ” Israel, Germany “, Steffen Hebestreit, ”, “, Tal Becker, Becker, Galit Raguan, Omri Sender, Hollandse, Israel ’ Israel, Malcolm Shaw, Michel Porro, Ghazi Hamad, Benjamin Netanyahu’s, ” Netanyahu, Netanyahu, Ronald Lamola, Madonsela, Remko de, Gilad Noam, Christopher Staker, Staker, Nadine Schmidt, Catherine Nicholls Organizations: CNN, Israel, United Nations ’, International Court of Justice, Hamas, ICJ, UN, Holocaust, Human Rights Watch, ”, The Hague, South African, Getty, Criminal Court, ICC Locations: South Africa, Gaza, ”, The Hague, Netherlands, Germany, Africa, Israel, Myanmar, Russia, Ukraine, Lebanese, Remko de Waal, AFP

PRAGUE (AP) — František Janouch, a Czech nuclear physicist who set up a foundation in Sweden while in exile to support the dissident movement in his communist homeland at the time, has died. The Charter 77 Foundation said Janouch died on Friday morning in Sweden's capital, Stockholm, where he had lived since the 1970s. Born on Sept. 22, 1931 in the town of Lysa nad Labem near Prague, Janouch studied nuclear physics at Charles University in Prague and at universities in Moscow and St. Petersburg in the then Soviet Union. Political Cartoons View All 253 ImagesAt the invitation of the Royal Swedish Academy of Sciences, he moved to Sweden in 1974. “František Janouch contributed significantly to the return of freedom to our country,” Prime Minister Petr Fiala said.

Persons: Janouch, Václav Havel, Havel, “ František Janouch, Petr Fiala Organizations: Charles University, Nuclear Physics Institute, Czechoslovak Academy of Sciences, Royal Swedish Academy of Sciences Locations: PRAGUE, Czech, Sweden, Sweden's, Stockholm, Lysa nad Labem, Prague, Moscow, St, Petersburg, Soviet Union, Soviet, Czechoslovakia, Swedish

Here’s what else you should know about the ICJ and South Africa’s case against Israel. For the case brought by South Africa, the panel will also be expanded to include one judge from South Africa and one from Israel. Does South Africa’s Genocide Case Against Israel Matter? How Is Israel Responding to the Genocide Charges by South Africa? Israeli officials have denied the allegations in the strongest possible terms, and even vigorously attacked South Africa for bringing the charges.

Persons: –, ”, Benjamin Netanyahu, what’s, France –, Joan Donoghue, “, Sarang Shidore, Al Jazeera, Eylon Levy, Netanyahu, it’s, Biden, Antony Blinken, Israel – Hamas, Iran –, William Schabas, Malcolm Shaw, Long Organizations: International Court of Justice, United, Israel, United Nations, Court, International Justice, General Assembly, Security, ICC, Criminal Court, Central American, Nicaraguan, Security Council, Fisheries, Embassy, South, Biden Administration, Global, Quincy Institute, Middlesex University, New York Times Locations: Israel – South Africa, Israel, Gaza, Africa, United Nations, The Hague, Netherlands, U.S, Russia, China, France, Slovakia, Lebanon, Brazil, Somalia, South Africa, Nicaragua, Nicaragua’s, Norway, Iran, Canada, Syria, Washington, United States, United, Ukraine, The State, Hague, ” U.S, Ireland, Guatemala, Hungary, British

☆ 2024 is shaping up to be the year of the streaming bundle
▼ + stars: | 2023-12-26 | by ( Drew Richardson | ) www.cnbc.com time to read: +2 min

The atmosphere at the Disney Bundle Celebrating National Streaming Day at The Row in Los Angeles on May 19, 2022. Still, the age of the cable bundle is giving way to the era of a new kind of bundle that could give both streamers and cable providers a path forward. Media executives told CNBC this month that 2024 could finally be the year that media companies get serious about the bundle. Discovery, earlier this year predicted more integration of streaming services into cable bundles. Despite the demand for a streaming bundle, top players have historically been apprehensive to make such a deal.

Persons: Tim Nollen, Chris Winfrey, Nollen, John Malone, who's, Bob Bakish, David Zaslav Organizations: Disney, Netflix, Media, CNBC, Macquarie, Charter Communications, National Football League, ESPN, Charter's, Liberty Media, Warner Bros, Paramount, Discovery, Companies Locations: Los Angeles

☆ Will 2024 bring good tidings to media and telecom companies? That's unlikely
▼ + stars: | 2023-12-19 | by ( Alex Sherman | ) www.cnbc.com time to read: +10 min

Still, legacy media companies including Disney, Paramount Global, Warner Bros. Since the "Great Netflix Correction" of 2022, there isn't a unifying growth narrative for media and entertainment companies. Disney, Paramount Global and NBCUniversal have all pegged 2025 as their flagship streaming services' first full year of profitability. Beyond financial metrics, several executives privately acknowledged morale has become an increasing concern at legacy media companies. One executive noted he's increasingly hearing from peers that running media and entertainment companies just isn't as fun as it was five or 10 years ago.

Persons: Corey Martin, Granderson Des Rochers, Martin, Jerome Powell, Liu Jie, Shari Redstone, David A, CNBC Shari Redstone, Biden, Sinclair, Lina Khan, Joe Biden, Khan, There's, John Harrison, Brian Roberts, Drew Angerer, Donald Trump, Trump, David Zaslav, Michael M, Disney, Nelson Peltz, Jay Rasulo, Bob Iger, he's, LightShed's Rich Greenfield Organizations: Universal Studios, Warner Bros . Discovery, Disney, Paramount Global, Comcast, Granderson, U.S, Federal, Washington , D.C, Xinhua News Agency, Getty, Treasury, Federal Reserve, Allen, Co . Media, Technology Conference, Grogan, CNBC, Trump, Nexstar, Gray Television, Federal Trade, Verizon, Mobile, NBCUniversal, CBS, NBC, EY, Allen & Company Sun Valley Conference, Trump's Department, Justice, Time Warner, Republican, Democratic, Netflix, Cable, Warner Bros, New York Times, Santiago, Getty Images Media, Management, Paramount Locations: Washington ,, United States, Sun Valley , Idaho, Tegna, Europe, U.S, EY Americas, New York City

☆ Altice USA in talks to sell Cheddar News to private equity firm Regent
▼ + stars: | 2023-12-11 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Altice USA is in talks to sell the financial news streaming service Cheddar News to LA-based private equity firm Regent LP, according to people familiar with the matter. Instead, Altice USA would participate in Cheddar's future performance as part of a so-called "earn out" structure. Since then, Altice USA, the fourth-largest U.S. cable provider, behind Comcast , Charter and Cox, has looked to shed assets as its stock price has plummeted. Altice USA has also considered selling U.S. cable asset Suddenlink but dropped those plans in late 2022. The New York Times reported Altice USA was considering selling Cheddar earlier this year.

Persons: Jon Steinberg, Dexter Goei, Steinberg, Goei, Regent, Ralph Lauren, Regent didn't Organizations: USA, Regent, Altice, CNBC, Altice USA, Comcast, Cox, Sightline Media, Sunset Magazine, Time Inc, Club Monaco, New York Times Locations: LA, USA, Altice USA, U.S, Tegna

☆ U.S. has failed the Palestinian people, officials say after vetoed UN vote for Gaza Strip cease-fire
▼ + stars: | 2023-12-11 | by ( Lee Ying Shan | ) www.cnbc.com time to read: +5 min

(Photo by Majdi Fathi/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty ImagesPalestinian officials expressed resounding disappointment after the United States vetoed a United Nations resolution calling for an immediate humanitarian cease-fire in Gaza. Yuki Iwamura | AFP | Getty ImagesThe U.S. on Friday vetoed a U.N. Security Council draft resolution that was backed by 13 Security Council members, while the United Kingdom abstained. The vote came about after U.N. Secretary-General Antonio Guterres invoked Article 99 of the U.N. charter to coalesce the 15-nation council to address the crisis in the Gaza Strip. Mohammad Shtayyeh, prime minister of the Palestinian Authority, echoed the disappointment on Sunday, describing the result as "sad" and a "shame." The internationally recognized Palestinian Authority administered the Gaza enclave before the shock win of Hamas in the elections of 2006.

Persons: Majdi Fathi, United Kingdom Husam Zomlot, CNBC's Dan Murphy, White, John Kirby, Israel, Kirby, Antonio Guterres, Yuki Iwamura, Mohammad Shtayyeh, it's, that's, Joe Biden, Benjamin Netanyahu, Antony Blinken, Brendan Smialowski, Israel —, Robert Wood Organizations: Hamas, Getty, Nurphoto, United, Doha Forum, CNBC, Air Force, Reuters, UN, United Nations Security, AFP, Security, Palestinian Authority, West Bank, Chatham House's, U.S ., Gaza, Palestinian, U.S, Afp, Israel Defense Forces Locations: Jaffa, Deir el, Gaza, Israel, United Nations, U.S, United Kingdom, Qatar, Lebanon, Washington, Lebanese, New York City, United, Vakil, Chatham, East North Africa, Doha, liaise, Tel Aviv, Palestine

☆ These 3 stocks could rally by another 50%, analysts say, despite big jumps this year
▼ + stars: | 2023-12-05 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

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

☆ Charter shares plunge after chief financial officer says company may lose broadband subscribers in fourth quarter
▼ + stars: | 2023-12-05 | by ( Drew Richardson | ) www.cnbc.com time to read: +1 min

Charter shares plunged more than 8% Tuesday after its Chief Financial Officer Jessica Fischer said the company could lose broadband subscribers in the fourth quarter. Charter competitor Comcast 's stock also slipped more than 3% in midday trading. Comcast reported it lost 18,000 broadband subscribers in the third quarter. Even so, Fischer believes Charter will return to subscriber growth, citing a potential rebound in the housing market. Adding "value back into video," referring to Disney and Charter's deal to include Disney+ in some Spectrum plans, will also drive competitiveness for Charter, Fischer added.

Persons: Jessica Fischer, Fischer Organizations: Comcast, UBS Global Media, Communications Conference, Disney, Charter, CNBC, CNBC PRO

☆ 3 things I wish I'd known before I tested out van life on an epic 13-day road trip
▼ + stars: | 2023-12-02 | by ( Monica Humphries | ) www.businessinsider.com time to read: +5 min

Finding parking spots was easier than I imagined and daily tasks took more time than expected. AdvertisementLike any trip or adventure, I went into my recent 13-day van trip across the American West with expectations, fears, and assumptions. Monica Humphries/InsiderAs I hit the road for my 13-day van trip, I couldn't shake my stress. AdvertisementI feared finding last-minute parking spots would be a nightmare. And out West, I relied on Bureau of Land Management land, which is land free for public use.

Persons: —, Monica Humphries, didn't, FreeCampsite.net, van, Joshua, pullouts Organizations: Service, Land Management, Walmart, of Land Management Locations: Joshua Tree , California, La, Arizona

☆ Satellites are the new climate police for oil and gas polluters
▼ + stars: | 2023-12-02 | by ( Catherine Boudreau | Erin Snodgrass | ) www.businessinsider.com time to read: +8 min

Fifty oil and gas companies pledged to zero out methane emissions by 2030 at the UN climate summit. Satellites are the next tool that will hold oil and gas companies accountable in their promise to cut methane emissions and slow global warming. Many state-owned oil companies signed on, including the UAE's Adnoc, as well as Saudi Arabia's Saudi Aramco. This, in turn, means oil and gas companies responsible for the plumes can be notified faster and potentially take action. The country's state-owned oil companies are also absent from the "decabonization charter" announced in Dubai.

Persons: Adnoc, Catherine Boudreau, Erin Snodgrass, Michael Bloomberg, Sultan Al Jaber, Peter Dejong, Fred Krupp, Bloomberg Philanthropies, Melanie Robinson, Robinson Organizations: ExxonMobil, Shell, Service, United, Saturday, Environmental Defense Fund, Bloomberg, UN, Summit, EDF, IEA, RMI, European Union, Environmental Protection Agency, EPA, EU, Russia —, World Resources Institute Locations: Saudi Aramco, Dubai, United Arab Emirates, Los Angeles, Saudi, Argentina, EU, Glasgow, Scotland, China, Russia

Signing on to the pledge were major national oil companies such as Saudi Aramco, Brazil's Petrobras and Sonangol, from Angola, and multi-nationals like Shell, TotalEnergies and BP. The pledge is a “smokescreen to hide the reality that we need to phase out oil, gas and coal,” said a letter signed by more than 300 civil society groups. Still, Mena said that self-reporting didn't go far enough to push oil and gas companies to make changes. Earlier this year, European Union negotiators reached a deal to reduce methane emissions from the energy industry across the 27-member bloc. In his speech, al-Jaber said oil and gas companies needed to do more to research solutions to Scope 3 emissions.

Persons: Sultan al, Jaber, ”, Jean Su, Fred Krupp, Bill Hare, Hare, Marcelo Mena, Mena, John Podesta, Abu Dhabi’s ADNOC Organizations: United Arab Emirates, Associated Press, Abu Dhabi National Oil Co, Saudi Aramco, Brazil's Petrobras, Sonangol, Shell, Center for Biological Diversity, Environmental, Environmental Defense Fund, U.S . Environmental Protection Agency, European Union, Gas, United Arab, Aramco, AP Locations: DUBAI, United Arab, United Nations, Abu Dhabi, Saudi, Angola, COP28, al, fracking, philanthropies, Chile, U.S, United States, United Arab Emirates, Saudi Arabia

☆ Media stocks jump after report says Apple, Paramount are discussing streaming bundle
▼ + stars: | 2023-12-01 | by ( Drew Richardson | ) www.cnbc.com time to read: +2 min

Media stocks jumped on Friday following a Wall Street Journal report that Apple and Paramount Global are in early-stage talks to offer a bundle of the two company's streaming platforms. The companies have talked about bundling Apple TV+ and Paramount+ in an offering that would cost less than subscribing to the two separately, The Wall Street Journal reported Friday. Paramount+ and Apple TV+ could be an ideal match for a bundle given their differing content strategies. Apple TV+ is known to offer a robust library of exclusive and prestige content, while Paramount+ boasts a larger back-catalog of recognizable TV shows and movies. An Apple partnership could be a strong opportunity to help Paramount pivot in the rapidly changing media environment.

Persons: Max, John Malone, Shari Redstone Organizations: Journal, Apple, Paramount Global, Paramount, Street, Warner Bros, Netflix, Verizon, Liberty Media, Discovery, Disney, ESPN, Charter, CNBC

☆ Tech companies to sign agreement with UK government to tackle online fraud
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsLONDON, Nov 30 (Reuters) - Eleven of the world's biggest tech companies, including Amazon.com (AMZN.O), Alphabet's (GOOGL.O) Google and Microsoft (MSFT.O), will sign an agreement with the British government on Thursday to step up their efforts to tackle online fraud, the interior ministry said. Under the "Online Fraud Charter," due to be signed at a meeting chaired by Interior Minister James Cleverly in London, the companies pledge to take further action to block and remove fraudulent content from their sites, the government said. "Fraud is now the most common crime in the UK, with online scammers targeting the most vulnerable in society," British Prime Minister Rishi Sunak said in a statement. "By joining forces with these tech giants we will continue to crack down on fraudsters, making sure they have nowhere to hide online." The British government says fraud accounts for around 40% of all crime in England and Wales, with data from industry body UK Finance showing almost 80% of all authorised push payment fraud originates online.

Persons: Dado Ruvic, James, ByteDance's, Rishi Sunak, Kylie MacLellan, Matthew Lewis Organizations: REUTERS, Google, Microsoft, Interior, eBay, Facebook, YouTube, Finance, Thomson Locations: London, England, Wales

☆ For Republican Governors, Civics Is the Latest Education Battleground
▼ + stars: | 2023-11-30 | by ( Dana Goldstein | More About Dana Goldstein | ) www.nytimes.com time to read: +1 min

Lisa Phillip, a seventh-grade social studies teacher at an Orlando charter school, appreciates many of Florida’s new guidelines for teaching civics. And she doesn’t mind teaching about “the influence of the Judeo-Christian tradition” on the nation’s founding documents. The subject prompted her students at Central Florida Leadership Academy to reflect on how the country’s politics, they believed, fell short of the basic morality in the Ten Commandments. This fall, Ms. Phillip is one of thousands of social studies teachers adjusting to a hotly debated overhaul of civics in several conservative states. The revamp is led by Republican governors — Ron DeSantis of Florida, Kristi Noem of South Dakota and Glenn Youngkin of Virginia — who have also restricted how race and gender are discussed in schools.

Persons: Lisa Phillip, innately, Phillip, — Ron DeSantis, Kristi Noem, Glenn Youngkin, Virginia — Organizations: Central Florida Leadership Academy, Republican Locations: Orlando, Florida, South Dakota

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