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President-elect Donald Trump should keep the U.S. involved in global efforts to address climate change, Exxon Mobil CEO Darren Woods said Tuesday. Climate Change Conference and "continue to have the U.S. influence policy around the world," Woods told CNBC's "Squawk Box" on Tuesday. Trump withdrew the U.S. from the Paris climate agreement in 2017 and is expected to do so again in his second term. "I'm not sure how 'drill, baby, drill' translates into policy," Woods told CNBC's "Squawk Box" on Nov. 1, referencing one of Trump's campaign slogans. Exxon's production levels are based on how much money the company can return to shareholders, not which political party is on office, he said.
Persons: Donald Trump, Darren Woods, Trump, Woods, CNBC's, Joe Biden, Wood, I'm, Biden Organizations: Exxon Mobil, Exxon, Economic, of New, CNBC, U.S Locations: U.S, Baku, Azerbaijan, Paris, of New York
KFC sues Church’s over ‘Original Recipe’
  + stars: | 2024-11-12 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +2 min
Last week, KFC accused Church’s Texas Chicken of violating its trademark rights when its fried chicken competitor began using the words “Original Recipe” in its advertising and promotions. KFC claimed in a lawsuit that beginning September 30, it noticed Church’s “abruptly” began using the phrase and ignored KFC’s October 24 letter objecting to the ads. In the disputed promotions, Church’s posted photos of its fried chicken deals with text above reading: “our original recipe is back.”The phrase, which KFC has been using for over half a century, “is likely to create confusion in the marketplace and dilute the ORIGINAL RECIPE® Mark,” the lawsuit, which was filed in US District Court in Texas, said. But when it comes to fried chicken, KFC also has to compete with Church’s Texas Chicken, Popeyes, Raising Cane’s, Zaxby’s and more. KFC’s “Original Recipe” trademark, which it says is a secret blend of 11 herbs and spices, has long been part of the company’s branding.
Persons: Church’s, Church’s “, , , David Gibbs, ” Gibbs, Texas, KFC’s Organizations: New, New York CNN, KFC, Court, Brands, Locations: New York, Texas
Shopify's $2.16 billion revenue beat a FactSet estimate of $2.12 billion. Live Nation Entertainment — The live music and entertainment company gained 4% after posting a third-quarter earnings beat. On the other hand, revenue of $7.65 billion missed the $7.75 billion analysts had forecasted. Sea — Shares surged 1.7% after the tech company reported a third-quarter revenue beat. Mosaic — Shares slid 9% after the chemicals company reported disappointing quarterly results.
Persons: Twilio, Wells, Wells Fargo, Donald Trump's, SentinelOne, Tyson, StreetAccount, On's, FactSet, Mosaic, Clint Freeland, Luciano Siani Pires, Scott Strazik, Strazik, Donald Trump, — CNBC's Michelle Fox, Alex Harring, Hakyung Kim, Jesse Pound, Pia Singh Organizations: Entertainment, Honeywell, Elliott Management, Aerospace, Automation, IAC, Trump Media & Technology, Deutsche Bank, Tencent, Shift4 Payments, GE, Financial Locations: , Swiss
The broader Vision Fund segment as a whole, which also factors in non-investment performance such as administrative expenses and gains and losses attributable to third-party investors, reported a gain of 373.1 billion yen. It had declared a loss of 204.3 billion yen in the company's first fiscal quarter. The Vision Fund has been cashing in on the success of the September 2023 listing of smartphone chip designer Arm Holdings , in which it owns a sweeping majority stake of around 90%. The group's print benefitted from investment gains of 1.28 trillion yen on shares of Chinese retail giant Alibaba and of 566.2 billion yen on stock of T-Mobile. On Tuesday, it said it had repurchased a cumulative 153.8 billion yen in shares by the end of the second quarter.
Persons: Toru Hanai, Didi, Son, Elliott Organizations: SoftBank Corp, SoftBank Group Corp, Bloomberg, Getty, Vision Fund, Arm Holdings, Nvidia, Yahoo, SoftBank, Mobile, Elliott Management, CNBC, Barclays Locations: Tokyo, Japan, Norwegian, Mobile . Tokyo, SoftBank
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIncreasing consumer confidence is driving some of the spending momentum: BofA's Liz Everett KrisbergLiz Everett Krisberg, head of Bank of America Institute, joins ‘Squawk Box’ to break down the Institute’s October Consumer Checkpoint Report, which provides real-time consumer spending and financial health estimates.
Persons: Liz Everett, Liz Everett Krisberg Organizations: Bank of America Institute
CNN —A sculpture bought for just £5 ($6) and used as a doorstop could sell for more than £2.5 million ($3.2 million) after a Scottish court gave the green light for its sale. In 1998, the bust was found being used to keep open a shed door on an industrial park, according to the Highland Council. In a May report on the proposed sale, the Highland Council said a private overseas buyer had contacted auction house Sotheby’s and put forward an offer of more than £2.5 million. Following a public consultation earlier this year, members of a council committee recommended that the bust should be sold. By June, the wider council had agreed to the proposal, the spokeswoman told CNN.
Persons: Edmé Bouchardon, John Gordon, Gordon, , Invergordon, Organizations: CNN, Scottish Highlands, region’s Highland Council, Highland Council, Getty Museum, ” CNN, Central Michigan University Locations: Tain, Invergordon, Paris, Los Angeles
New York CNN —Hush puppies, once a staple on Red Lobster’s menu, are coming back. “I expect a stampede into our restaurants because we’re bringing back the hush puppies,” he jokingly added. Also new on the menu are bacon-wrapped scallops, a lobster bisque, a lobster pappardelle and a Parmesan-crusted chicken dish. Red Lobster is also “crafting a new tartar sauce that brings back all the flavors” from its original recipe, according to its Facebook account. CNN has reached out to Red Lobster for additional details.
Persons: Damola Adamolekun, , Adamolekun, ” —, haven’t, , ” Adamolekun, isn’t Organizations: New, New York CNN, NBC News, CNN, Boomers, Fortress Investment Group Locations: New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWeather is the dominant factor playing into bullish natural gas prices, says BKV CEOChris Kalnin, BKV CEO, joins 'Money Movers' to discuss the most recent move in natural gas prices, how much the data center power demand story evolves, and how big of a story this power demand is for BKV.
Persons: Chris Kalnin
CNN —Indonesia’s new President Prabowo Subianto posted a video of his phone call congratulating Donald Trump on his reelection, during which the former special forces commander referenced his American “training” and called the US-president elect “sir” multiple times. Prabowo, who is in Washington for an official visit, posted the almost three-minute phone conversation on his official social media channels Monday and said he would like to “call personally” on Trump. “Wherever you are I’m willing to fly to congratulate you personally, sir,” Prabowo said in the video. It’s not easy,” Trump told Prabowo. “The most important objective of democracy is giving people the leaders and representatives they want,” Prabowo told reporters from his swimming pool.
Persons: CNN —, Prabowo Subianto, Donald Trump, , Prabowo, ” Prabowo, Trump, Joe Biden, scrutinizing, , ” Trump, Xi Jinping, Keir Starmer, Joko, Suharto Organizations: CNN, Trump, White, he’s, Soviet, Reuters, Pacific Cooperation, British, News Agency Locations: Washington, Indonesia, United States, Indonesian, Washington , DC, Asia, Beijing, China, Peru, Brazil, Jakarta, Prabowo, London
As a hospice nurse, Julie McFadden spends her days caring for people near the ends of their lives. Specifically, McFadden says she hears these three regrets most often from her hospice patients:They wish they'd appreciated their health when they had it. "Not living the life they wanted, but living the life people around them wanted." On TikTok, where she's known as "hospice nurse Julie," her videos about the science of dying and her medical care experiences have an audience of 1.6 million followers. Just because we talk about something we fear doesn't mean the fear is going to get bigger — in fact, it usually diminishes it."
Persons: Julie McFadden, they're, " McFadden, McFadden, hadn't, aren't, who's, Julie Organizations: CNBC
Why the post-election rally is beginning to fade
  + stars: | 2024-11-12 | 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 EmailWhy the post-election rally is beginning to fadeJeff Kilburg, founder and CEO of KKM Financial, joins CNBC's 'The Exchange' to discuss the post-election rally, what he thinks the 10-year yield says about the economy, and more.
Persons: Jeff Kilburg Organizations: KKM
CNN —Authorities in Maryland are searching for a man facing several weapons charges after a colorful arsenal of firearms, including illegal “ghost guns,” was found in his home. A later search found multiple 3D-printed “ghost guns” without serial numbers, semi-automatic rifles, handguns and shotguns. The use of ghost guns is on the rise across the country with the Biden administration telling the Supreme Court that police departments have faced an “explosion of crimes involving ghost guns” in recent years. In 2017, police submitted about 1,600 ghost guns recovered at crime scenes for tracing. The Biden administration has tightened regulation on ghost guns as part of a series of actions related to gun safety.
Persons: , Adam Taylor, Taylor, Biden, Garland Organizations: CNN, Authorities, Police, Mary’s County Sheriff’s, Alcohol, Tobacco, Firearms, Explosives, Biden Locations: Maryland, Lexington Park, Washington, DC, St, Mary’s County
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPhison Electronics' CEO discusses new storage solutions for AI on the edgePua Khein Seng of Phison Electronics discusses their second attempt to reenter the Malaysia semiconductor market, and the company's new product offerings to meet the surge in AI demand.
Persons: Khein Organizations: Electronics, Phison Electronics Locations: Malaysia
A London chef sparked online debate when he criticized diners who don't spend much. He told BI it was "very frustrating" and he was being forced to turn away diners who might spend more. AdvertisementA London chef has sparked a debate about the affordability and culture of eating out after he criticized diners who don't spend enough. AdvertisementJames Hacon, a restaurant consultant and industry commentator, told BI that life is tough for London eateries right now. AdvertisementHacon said there were ways to overcome the impact of diners who only want a starter and water.
Persons: Hugh Corcoran, , Corcoran, James Hacon, Hacon Organizations: Service, London, National Insurance, Guardian Locations: London
“The search for a new head coach for the Women’s National Team will commence shortly,” Canada Soccer said. To determine whether current Canada Soccer President Peter Augruso or General Secretary and CEO Blue “approved, directed and/or condoned” drone usage and spying. According to the report, Canada were not found to have used drones when they won Olympic gold in women’s soccer in Tokyo in 2021. AdvertisementLawyer Regenbogen was instructed by the Board of Directors of Canada Soccer on July 30 and then shared her investigation with Canada Soccer on November 5. On Tuesday, Canada Soccer released to the media an eight-page summary report originally given to the Chair of the Human Resources Committee of the Canada Soccer Board of Directors.
Persons: Sonia Regenbogen, , , Kevin Blue, Bev Priestman, Jasmine Mander, Joseph Lombardi, Priestman, Jason Mowry, Peter Augruso, Blue “, Regenbogen, John Herdman’s, Alex Livesey, Jesse Marsch, ” Marsch, Perry McIntyre, Blue, Marsch, John Herdman wasn’t, Herdman, Canada’s, Ulrik Pedersen, we’ve, Lombardi, who’s, Steph Yang It’s, ” Priestman, Marc Atkins Organizations: Canada, Paris Olympics, Canada Soccer, teams, Toronto, Olympic Games, ” Canada Soccer, Athletic, Olympics, FIFA, women’s, Women’s, Soccer, Getty, Copa America, Olympic, Toronto FC, Major League Soccer, Men’s, Paris, Zealand Women’s National, Canadian, Paris Games, Sports, , Toronto FC’s, Men’s National, New Zealand, Canadian Olympic Committee, Zealand women’s, New, International Olympic Committee, Summer Games, Sport, Colombia, Human Resources Committee, Women’s National Team, Locations: New Zealand, Canadian, France, Canada, United States, Tokyo, Herdman, Saint, Etienne, Germany, U.S, Orlando , Florida, Marsch, Priestman, Copa America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMore China stimulus expected, but growth will miss target this year: MorningstarLorraine Tan of Morningstar says China growth will come in between 4% to 5% this year, missing Beijing's target, although she expects more support measures being rolled out in the next few months.
Persons: Morningstar Lorraine Tan, Morningstar Locations: China
CNN —An award-winning university building that won a prestigious architecture prize is set to be demolished less than 30 years after it was built, sparking widespread criticism. The Centenary Building was built for Salford University in northern England and won the Royal Institute of British Architects (RIBA) Stirling Prize, which names Britain’s best new building, in 1996. However, the university has confirmed to CNN that it will be knocked down after sitting empty for several years. “I simply cannot support the demolition of a building that is only thirty years old. “By definition they are the best buildings of the year, and to list at least one modern building a year, after due consideration and maybe a little time, would not seem unreasonable.”
Persons: , Stephen Hodder, , Hodder, Jack Pringle, Pringle Organizations: CNN, Salford University, Royal Institute of British Architects, RIBA, Stirling, RIBA Stirling, , Century Society, Stirling Prize Locations: England
CNN —Ecuador international soccer player Marco Angulo has died at the age of 22, the Ecuadorian Football Federation said in a statement. “The Ecuadorian Football Federation expresses its deepest sympathy over the death of Marco Angulo, who with his talent and dedication defended the colours of our country at every opportunity,” the governing body wrote. “Marco was not only an outstanding player, but also a great teammate. Ecuadorian outlet El Universo reported that Angulo suffered head and lung injuries in the crash and underwent multiple surgeries. Another footballer, Independiente Juniors defender Roberto Cabezas, also died in the crash, his club announced at the time, as did a friend.
Persons: Marco Angulo, “ Marco, Angulo, Roberto Cabezas, Angulo’s, , , Marco –, ” Angulo Organizations: CNN, Ecuador, Ecuadorian Football Federation, Ecuadorian, LDU Quito, MLS, FC Cincinnati, El Universo, Independiente Juniors, Quito, Ecuador national, Iraq, ” LDU Quito Locations: Ecuadorian, Australia
Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 million to help get Donald Trump elected president. Since Trump’s victory last week, Musk is about $70 billion richer on paper. For Musk, getting Trump back into the White House became another full-time job. After the election last week, Musk briefly joined Trump’s phone call with Ukrainian President Volodymyr Zelenskyy, NBC News reported. Musk owns 411.06 million Tesla shares, as of the latest filings, and about 304 million performance-based options.
Persons: Elon Musk, Donald Trump, It’s, That’s, Larry Ellison, Ellison, Musk’s, who’s, Trump, Musk, Kamala Harris, Volodymyr Zelenskyy, he’s, Brendan Carr, Florida Republican Sen, Rick Scott, ” Musk, “ He’s, , Gene Munster, Tesla, Munster, ” Munster, Judge Kathaleen McCormick, McCormick, Ellison aren’t, Brian Armstrong, Cryptocurrencies Organizations: Twitter, Tesla, Forbes, Oracle, White, America PAC, Trump, NBC News, The New York Times, ABC, Trump’s, Federal Communications Commission, Florida Republican, SpaceX, Co, CNBC, Elon, Shareholders Locations: Pennsylvania, Lago, Florida, Delaware
The Summary Four women are suing the state of Idaho after they were denied abortions for fatal fetal abnormalities. Four women who are suing the state of Idaho after they were denied abortions will testify on Tuesday and Wednesday about their experiences traveling out of state to end nonviable pregnancies. In May, the Texas Supreme Court ruled against the 20 plaintiffs, who were denied abortions in the state despite dangerous pregnancy complications. An abortion rights protest at the Idaho Statehouse in downtown Boise on May 14, 2022. In the trial this week, Kabat said his legal team intends to argue that Idaho’s abortion bans will lead to deaths if the exceptions aren’t clarified further.
Persons: “ We’re, We’re, , Nick Kabat, Brad Little, Raúl Labrador, Kabat, ” Rebecca Vincen, Brown, she’s, ” Vincen, Sarah A, Miller, Roe, Wade, ” Kabat Organizations: Idaho Academy of Family Physicians, Center for Reproductive, Idaho Gov, . Texas, Texas Supreme, Idaho Statehouse, Idaho Statesman, Tribune, Service, Wisconsin Supreme, U.S, Supreme Locations: Idaho, Ada County, ., Texas, Ada County , Idaho, Portland , Oregon, Portland, Boise, Missouri, Arizona, Wisconsin
Hakeem Adeniji, an offensive tackle for the Cleveland Browns, shared the heartbreaking loss of his child a week before his son's due date. In a tearful video posted Nov. 4 on Instagram, Adeniji, 26, called the loss "the worst moment of my life." "I know everybody that knows me knows how bad I wanted to be … be a dad," the athlete said. He said that his wife, Kayla, went to the hospital when she couldn't feel their son moving. An ultrasound confirmed the stillbirth six days before the baby boy’s due date, Adeniji said.
Persons: Hakeem Adeniji, Kayla, Adeniji, … We’ll, He’s, ” Kayla Adeniji, , , ” Adeniji Organizations: Cleveland Browns, Cincinnati Bengals, Browns
Welcome to the online version of From the Politics Desk, an evening newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the campaign trail, the White House and Capitol Hill. In today’s edition, senior political editor Mark Murray breaks down how 2024 was the sixth "change" election in a row as voter dissatisfaction with the direction of the country remains high. They culminated in the nation’s sixth straight “change” election, in which either the White House or at least one chamber of Congress switched party control. Trump won those “change” voters by 50 points, 74% to 24%. Read more →Trump’s win has sparked fresh concerns among his critics that he may enter office looking for retribution.
Persons: Mark Murray, MAGA, Donald Trump’s, , Barack Obama, Trump, Joe Biden, Trump’s, Kamala Harris, , Sahil Kapur, Matt Dixon, Julie Tsirkin, Donald Trump’s “ MAGA ”, Mitch McConnell, John Thune of, Sen, John Cornyn of, Rick Scott of Florida, ” Scott, , Scott —, Scott, leapfrog, hasn’t, , Read, Elise Stefanik, Lee Zeldin, Tom Homan, Stephen Miller, 🗞️, : the, lea Organizations: NBC, White House, Capitol, Republican, Senate, GOP, Republicans, White, Trump, Democratic, Voters, McConnell, NBC News, House Republican Conference, United Nations, Environmental Protection Agency, . Immigration, Customs Enforcement, rit, upr Locations: Kentucky, John Thune of South Dakota, John Cornyn of Texas, New York
A former body guard for Sean Combs has filed a defamation lawsuit against a woman who in September accused him of physically and sexually assaulting her in 2001. Joseph Sherman called the allegations in Thalia Graves’ lawsuit “utterly and entirely false,” in documents filed Thursday in federal court in Manhattan. She said Sherman had lifted her up from a couch, slammed her down on a table and Combs then raped her, according to her court filing. Sherman also slapped her multiple times and forced her to perform oral sex on him, Graves’ lawsuit said. Combs’ attorneys have vehemently denied the charges in the indictment and allegations in all of the other suits.
Persons: Sean Combs, Joseph Sherman, Thalia Graves, Graves, Gloria Allred, Combs, Sherman, Darnell Crosland, , aren’t, , ” Sherman, hadn’t, Casandra Ventura, Cassie, Ventura Organizations: Bad Boy, NBC News Locations: Manhattan, Brooklyn
While Black Friday is still a couple weeks aways, many retailers, including Home Depot, are already discounting tons of bestselling products from major brands, giving you early access to its holiday deals. I regularly cover deals at popular home and kitchen retailers so I know what brands are actually worth investing in and what makes a good sale. Below, I rounded up the best early Black Friday deals at Home Depot and will continue to update this list through the entirety of the sale. SKIP AHEAD The best early Black Friday sales at Home Depot | Why trust NBC Select? The best early Black Friday sales at Home DepotAll of the items below have at least a 4-star average rating from 500 reviews or more at Home Depot, or are NBC Select editor recommendations or are products from our previous coverage.
Persons: I’ve, Dyson, TikTok Organizations: Home, NBC, Shark, Dyson, AA, Facebook, Twitter
Ryan Borgwardt — a married father of two — went missing on Aug. 12 and his last known location was Green Lake, Green Lake County Sheriff Mark Podoll said during a news briefing Friday. Deputies found a capsized kayak in the lake and Borgwardt's vehicle and trailer parked in Dodge Memorial County Park, Podoll said. Courtesy Green Lake County Sheriff's OfficePodol said the investigation took a turn when it was discovered that Borgwardt’s passport was “run” on Aug. 13., the day after he disappeared. "Due to these discoveries of the new evidence, we were sure that Ryan was not in our lake," Podoll said. Podoll said the investigation into Borgwardt's disappearance still has a lot of missing pieces, including a motive, and where he is right now.
Persons: Ryan Borgwardt —, Green Lake County Sheriff Mark Podoll, Podoll, Borgwardt's, Ryan Borgwardt, Podol, Borgwardt, Ryan Organizations: Green Lake County Sheriff, Dodge, Federal Bureau of Investigation, Department of Homeland Security Locations: Wisconsin, Europe, Uzbekistan, Green Lake County, Dodge Memorial, Lake
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