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Reaction to Democratic U.S. Senator Feinstein's death
  + stars: | 2023-09-29 | by ( ) www.reuters.com   time to read: +4 min
Senator Dianne Feinstein (D-CA) (C) talks to reporters as she walks to the Senate floor on Capitol Hill, in Washington December 9, 2014. Senator Dianne Feinstein, a California Democrat, has died at 90, a source familiar with the news said on Friday, although Feinstein's office did not immediately respond to a request for comment. U.S. REPRESENTATIVE JUDY CHU, a California Democrat, on X:"Senator Feinstein was a trailblazer, a proud Californian, and a legislative titan. HILLARY CLINTON, former U.S. senator, secretary of state and Democratic presidential nominee, on X:"I'm deeply saddened by the passing of Dianne Feinstein. SENATOR TIM SCOTT, a South Carolina Republican and 2020 presidential candidate, on X:"Saddened to learn of Senator Feinstein’s passing.
Persons: Dianne Feinstein, KATIE PORTER, Feinstein, JUDY CHU, HILLARY CLINTON, CHRIS MURPHY, Dianne, CHUCK GRASSLEY, Sen Feinstein, I’ll, TIM, Feinstein’s, MARCO RUBIO, MARK WARNER, Sen, KIRSTEN GILLIBRAND, CLAIRE MCCASKELL, Makini Brice, David Morgan, Jasper Ward, Susan Heavey, Jan Harvey 私 Organizations: CIA, California Democrat, trailblazer, Democratic, U.S, Connecticut Democrat, Iowa Republican, ppl, TIM SCOTT, South Carolina Republican, Florida Republican, Virginia Democrat, New, New York Democrat, Senate, Democratic U.S, MSNBC Locations: Washington, 読む WASHINGTON, California, U.S, Connecticut, Newtown, Iowa, Florida, Virginia, New York, Missouri
PARIS, Sept 23 (Reuters) - France captain Antoine Dupont has undergone surgery on a facial injury and will return to his Rugby World Cup squad to recover, the French federation (FFR) said on Saturday, though it gave no timeline for when the scrumhalf might return to the field. "Following his injury sustained during the France-Namibia match, Antoine Dupont underwent surgery at Toulouse's CHU Purpan on 22 September at around 11 p.m.," the federation said in a statement. "In a few days' time, he will be able to return to the French team as part of a gradual sporting recovery under medical supervision." The FFR did not say when Dupont would be able to play again. France, who are already without flyhalf Romain Ntamack at the World Cup due to injury, next face Italy on Oct. 6.
Persons: Antoine Dupont, Johan Deysel, Dupont, flyhalf Romain Ntamack, Julien Pretot, Peter Rutherford Organizations: Rugby World, Namibia, Thomson Locations: France, Thursday's, Namibia, Italy
How consumer staples do in a recession
  + stars: | 2023-09-22 | 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 EmailHow consumer staples do in a recessionCNBC’s Dominic Chu reports on the how the consumer staples stocks performed during the downturn.
Persons: Dominic Chu
Legendary golfer Gary Player thinks government and sports shouldn't mix, as the golf world goes through a major merger that has triggered antitrust concerns. He was an ambassador for Golf Saudi, an organization pushing to make the Kingdom of Saudi Arabia a more prominent force in the sport. Player also said he supports the proposed merger between Saudi-backed LIV Golf and the PGA Tour, which has drawn criticism and scrutiny from regulators and lawmakers, not to mention golfers. (Previously, Player has spoken out against players leaving the PGA Tour to join LIV Golf, saying it's for "guys that can't win one the regular tour any more.") Last week, a U.S. Senate subcommittee held its second hearing on the proposed merger.
Persons: Gary Player, We've, LIV Golf, Connecticut Sen, Richard Blumenthal Organizations: CNBC, Golf Saudi, Aramco, PGA Tour, U.S, Connecticut, Democratic, Saudi Public Investment Fund, soccer team Locations: Kingdom of Saudi Arabia, Saudi
Hong Kong CNN —September started with a typhoon that ripped through Hong Kong, uprooting trees and flooding the city. People walk past houses destroyed by heavy rain and flooding in Derna, Libya, on September 13, 2023. Elsewhere in Europe, a separate storm – Storm Dana – saw torrential rain across Spain, damaging homes and killing at least three people. Esam Omran Al-Fetori/Reuters An aerial view of the devastation after flooding caused by Storm Daniel on September 15. Abdullah Mohammed Bonja/Anadolu Agency/Getty Images This satellite photo shows the extent of Derna's flooding on September 12.
Persons: Hong Kong CNN —, , Jung, Eun Chu, Esam Omran, Chu, they’ve, Storm Daniel, Angelos Tzortzinis, Kyriakos Mitsotakis, Theodoros Skylakakis, , Megala, Giannis Floulis, Dana –, Cross, Martin Griffiths, Ciaran Donnelly, Amr Alfiky, Ayman Al, Zohra Bensemra, Yousef Murad, Muhammad J, Abdullah Doma, Ahmed Elumami, Jamal Alkomaty, Abdullah Mohammed Bonja, Omar Jarhman, Ali Al, Saadi, Haikui –, Saola, Haikui, Maria Clara Sassaki, Rick Cinclair, Phil Klotzbach Organizations: Hong Kong CNN, UN, City University of Hong, Getty, Greek, CNN, International Committee, International Rescue, United Arab Emirates, Reuters Volunteers, Reuters, Elalwany, Anadolu Agency, Reuters Workers, Planet Labs PBC, AP, AFP, CNN Brasil, Worcester Telegram, Gazette, National Oceanic, Atmospheric Administration, of Atmospheric Science, Colorado State University Locations: Hong Kong, Libya, City University of Hong Kong, Derna, Europe, Greece, Palamas, AFP, Megala Kalyvia, Turkey, Istanbul, Bulgaria, Spain, Libyan, Shahhat, Asia, Taiwan, China, Shenzhen, Americas, Brazil, Rio Grande do Sul, Brazilian, United States, Nevada, Massachusetts, New Hampshire, Leominster , Massachusetts, El
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBP CEO Bernard Looney announces resignation, reports The Financial TimesCNBC's Dom Chu joins 'The Exchange' to share the Financial Times report about BP CEO Bernard Looney stepping down.
Persons: Bernard Looney, Dom Chu
Marrakech CNN —As the dust began to settle, panic set in. As the earthquake caused buildings to collapse, killing more than 1,000 across Morocco, those who could crowded the streets. A general view of damage in the historic city of Marrakech, following a powerful earthquake in Morocco, September 9, 2023. REUTERS/Abdelhak Balhaki Abdelhak Balhaki/ReutersA damaged vehicle is pictured in the historic city of Marrakech, following a powerful earthquake in Morocco, September 9, 2023. While Marrakech suffered, the epicenter of the earthquake was around 50km away, in the rural, mountainous Al Haouz region.
Persons: , Balhaki, Marrakech’s, Mohammed VI Organizations: Marrakech CNN —, CNN, REUTERS Locations: Marrakech, Moroccan, Jemaa, Morocco, Rabat, Casablanca, Marrakech’s Medina, Al Haouz, Chichaoua
Iger told Chapek that he lived for those "two-shower days," according to people familiar with the conversation. In January 2020, Iger told Chapek the plan was back on. During his 27 years at the company, Chapek had only attended one annual meeting — as a guest in the audience. Bob Iger, Disney CEO, during a CNBC interview, Feb. 9, 2023. WATCH: Disney CEO Bob Iger's exclusive July 2023 CNBC interviewTake the 'A'During Chapek's tenure as CEO, Disney lost more than a quarter of its market value.
Persons: Elham, Bob Iger, Bob Chapek, Iger, wasn't, Chapek, Michael Eisner, , who's, he's, Clint Eastwood, Eastwood, Arthur Bochner, Jackie Hart, Kareem Daniel, Chapek —, Eisner, Michael Ovitz, Ovitz, Bob, Disney's, Kevin Mayer, Mayer, Bryan van der Beek, he'd, Tom Staggs, Staggs, Staggs —, Steve Jobs, cajoled Ike Perlmutter, George Lucas, Rupert Murdoch, Iger's, Susan Arnold, Arnold, Peter Rice, David Paul Morris, Rice, CNBC's Julia Boorstin, Mark Parker, Mary Barra, Michael Froman, Willow, Parker, John Donahoe, Roy Disney, Walt Disney, Stanley Gold, David A, CNBC Eisner, Big Bob, Little Bob, Christine McCarthy, Patrick T, He'd, McCarthy, Iger —, Coronavirus, Gavin Newsom, Michael Kovac, curtly, Nancy Pelosi, Chuck Schumer, Ben Smith, Smith, Disney, Randy Shropshire, Agnes Chu, Ricky Strauss, Chu, Strauss, Kevin Feige, Kathleen Kennedy, Who's, Alan Bergman, Bergman, Bob Kyncl, Daniel —, Iger didn't, Daniel rankled, Daniel, Chapek didn't, James Pitaro, Jesse Grant, CNBC Chapek, Jimmy Pitaro, Zenia Mucha, didn't, Mucha, Barbara Walters, Charles Eshelman, Scarlett Johansson, Scarlett Johansson —, Florence Pugh, Natasha, Yelena, " Johansson, Bryan Lourd, Johansson, Lourd, Steven Spielberg, Al Michaels, David Muir, Robin Roberts, Michael Strahan, Spielberg, Geoff Morrell, Alan Braverman, Alan Horn, Jayne Parker, Bochner, Claire Lee, Paul Richardson, Josh D'Amaro, Ron DeSantis, Morrell, Disney Animation —, George Floyd, Reba Saldanha, Reuters Chapek, DeSantis, Nicholas Maldonado, Octavio Jones, Chapek she'd, we're, " Morrell, CNN's Chris Wallace, Kristina Schake, John Skipper, Daniel steamrolled, Latondra Newton, Newton, Charles Krupa, Pitaro, NBCUniversal's Peacock, Dana Walden, Thomas Murphy, Josh Kushner, Privately, Schake, Barack Obama, Michelle Obama, Michelle Obama's, David Dee Delgado, Kara Swisher, hadn't, Netflix's, overhiring, McCarthy hadn't, Safra Catz, Kareem, DMED, Horacio Gutierrez, Justin Warbrooke, Alexia Quadrani, Bryan Castellani, Michael Buckner, Quadrani, Lindsay Lohan, Winnie, Nelson Peltz, Catz, Donald Trump's, they'd, Walden, Gutierrez, D'Amaro, Rich Polk, Walden he'd, Iger she'd, Mickey Mouse, Mark Rightmire, haven't, Indiana Jones, Halle Bailey, Ariel, Hamilton Faber, Rich Greenfield, Bob Iger's, — Mayer, McCarthy —, doesn't, they'll Organizations: Disney, Marvel, CNBC, Bloomberg, Getty, Walt Disney, Indiana University, Michigan State University, Shanghai Disney, Man, Hong Kong Disneyland, Walt Disney Parks, Resorts, Pixar, Fox, Chapek, Nike, General, Mastercard, Foreign Relations, University of Pennsylvania, Grogan, Disney's, Fallon, ABC, ESPN, ABC News, California Gov, New York Times, Disney confidants, Hollywood, Marvel Studios, Lucasfilm, Walt Disney Television, Walt Disney Studios, Hulu, HBO Max, Walt Disney Company, YouTube, Companies, Netflix, Apple, Disney Media, Entertainment, Stanford, Rights, Junior, petulant, Filmmagic, Brunswick Group, Covid, CAA, onetime Defense Department, Century Fox, Human, Florida Gov, Republican, Disney Animation, Reuters, Human Rights, HRC, Walt Disney World, Employees, American Foundation for Equal Rights, AP, Amazon Prime, Paramount, South Pacific, Capital Cities, Dow Jones, CVS, Kingdom, Variety, Trian Partners, Charter Communications, U.S, Comcast, Charter's, MediaNews, Orange, Allen, Co, Candle Media, Advisors Locations: Burbank , California, Midwestern, Brentwood, Los Angeles, Westlake Village, Iger, Hammond , Indiana, Shanghai, China, Hong, Fox, Willow Bay, Raleigh , North Carolina, Orlando, U.S, Hulu, Iger's Brentwood, coronavirus, Brunswick, Hollywood, Hawaii, Disney's, Marvel's, Anaheim , California, Montana, Florida, Rye , New Hampshire, Chapek, Hong Kong, California, missteps, South, DMED, Burbank, New York, India, Atlantic, Sun Valley , Idaho, America
Legal experts say that if California wins, it could embolden other states to take action against lenders that make high-interest loans to low-income borrowers using what critics call "rent a bank" partnerships. Several nonbank lenders have already exited California, said Saunders, whose group tracks high-interest lenders. In California, OppFi took the unusual step of preemptively suing to try to block the state from taking action. Federal law allows state-chartered banks to lend across state lines at the interest rate legal in their home state. California has urged Dillon to recognize that OppFi decides who to lend to and has a deal with the bank to purchase the loans.
Persons: Lee Jae, Timothy Dillon, Lauren Saunders, California's, OppFi, Saunders, Dillon, Allard Chu, That's, Ron Vaske, Ballard Spahr, Jody Godoy, Andy Sullivan Organizations: REUTERS, California Department of Financial Protection, Los Angeles Superior, California, Federal Reserve, National Consumer Law Center, EasyPay Finance, FinWise Bank, FinWise, Thomson Locations: Seoul, California, Chicago, Utah, U.S, In California, Colorado, New York
China's economy is turning into a big black blob. This is happening because Xi's China is one that puts ideology before economic growth. Not because the reforms weren't working, but because the China they were creating is not the one Xi wants to see. Even as the main drivers of China's economy stumble, there will be no direct support to help households power through this fragile period. Known unknownsTransparency in China's economic data has always moved the same cycles as its politics.
Persons: , Xi Jinping, it's, Charlene Chu, Xi, who've, It's, Chu, Fan Zhang, Zhang, Xie Huanchi, thegovernment, Victor Shih, Ministry of State Security —, isn't, Shih, Linette Lopez Organizations: Communist, Autonomous Research, Nike, Starbucks, CCP, National Bureau of Statistics, Custom, J Capital Research, Study Times, Getty, World Trade Organization, Century China Center, University of California, Communist Party, Ministry of State Security, Beijing Locations: China, COVID, Xinhua, University of California San Diego, Beijing
Beijing has staged multiple military drills around the island in recent years, drawing condemnation from the United States and its allies. Before he announced his bid to run on Monday, Gou earlier this year sought the candidacy for the opposition KMT, which advocates for friendlier relations with Beijing. The KMT has not disguised its anger at Gou's entry into the race for president, seeing his move as opening the way to a victory for the DPP's Lai by splitting the opposition vote. Most recent polls put the DPP's Lai on around 35-40% of the vote, around 10 percentage points clear of his closest rival. To qualify as an independent, he has to collect close to 300,000 voter signatures by Nov. 2, according to election regulations.
Persons: Foxconn, Terry Gou's, Gou, William Lai, Hou Yu, Hou, Eric Chu, Ko Wen, Ko's TPP, Lai, Ko, Chen Shui, Wang Ting, There's, Ben Blanchard, Yimou Lee, John Geddie, Michael Perry Organizations: Kuomintang, KMT, Democratic Progressive Party, Apple, DPP, New, ih, Taiwan People's Party, Reuters, Facebook, Thomson Locations: TAIPEI, China, Taipei, Beijing, United States, New Taipei City, Taiwan
Lailing Yu, who lives a block from the crime scene, said she had been horrified when she received a video on her phone of two officers clutching the bloodied children. “I was shocked,” Ms. Yu said, as she stood with others who had gathered outside the five-story brick building where Ms. Zhao, her children and Mr. Ye lived. Arriving at the apartment early in the afternoon, the man found Ms. Zhao and her children lying in pools of blood in the kitchen area and called 911, Ms. Chu said. Mr. Ye’s son was taken to a police precinct, where he remained with his mother, Ms. Chu said. Ms. Zhao’s husband had been sent to Ohio for work and had been trying desperately to return to New York all afternoon, Ms. Chu said.
Persons: Lailing Yu, , ” Ms, Yu, Zhao, Ye, Chu, Ye’s, Zhao’s Locations: Ohio, New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe market correction has room to run given bond yields, says Reynolds Strategy's Brian ReynoldsBrian Reynolds, Reynolds Strategy chief market strategist, and CNBC's Dominic Chu join 'The Exchange' to discuss a concerning rise in bond yields, Schwab to cut jobs and raise debt in investment grade bonds and charting the timeline for treasury issuances.
Persons: Reynolds, Brian Reynolds Brian Reynolds, CNBC's Dominic Chu, Schwab Organizations: Reynolds Strategy
Second-quarter annual growth came in at 2.9%, central bank data showed. The economy is facing downside risks stemming from weaker-than-expected global growth, and a deeper or longer-than-expected technology downcycle," Governor Abdul Rasheed Ghaffour told a news conference. While he does not expect a worldwide recession, the governor said global growth will be below the long-term average. Malaysian consumers are also likely to be cautious in their spending going forward, leading to slower economic growth in the second half, he said. On Friday, the central bank said while cost pressures have eased, headline and core inflation will moderate further in the second half partly due to a higher comparative base last year.
Persons: Abdul Rasheed Ghaffour, El Nino, Abdul Rasheed, Mohd Afzanizam Abdul Rashid, Mohd Afzanizam, Alex Holmes, Holmes, BNM, Mei Mei Chu, Martin Petty, Jacqueline Wong Organizations: China, Reuters, Bank Negara, Bank Muamalat, Oxford Economics, U.S, Thomson Locations: KUALA LUMPUR, Bank, Bank Negara Malaysia, Malaysia, Bank Muamalat Malaysia
KUALA LUMPUR, Aug 17 (Reuters) - A small private jet crashed into a motorbike and a car while attempting to land at an airport in the outskirts of Malaysian capital Kuala Lumpur, leaving at least 10 people dead, officials said on Thursday. The aircraft lost contact with the air traffic control tower and crashed into a motorbike and a car on the highway, he said. "There was no emergency call, the aircraft had been given clearance to land," Hussein Omar said. The CAAM said the flight was operated by Jet Valet Sdn Bhd, a Malaysian private jet services company. Reporting by Mei Mei Chu and Hasnoor Hussain; Editing by Martin Petty and Toby ChopraOur Standards: The Thomson Reuters Trust Principles.
Persons: Hussein Omar Khan, Hussein Omar, Sultan Abdul Aziz Shah, Norazman Mahmud, CAAM, Jet, Mei Mei Chu, Hasnoor Hussain, Martin Petty, Toby Chopra Organizations: Beechcraft, Subang Air Traffic, Jet, Reuters, Thomson Locations: KUALA LUMPUR, Malaysian, Kuala Lumpur, Elmina, Selangor, Langkawi, Subang
Industrial earnings rise 14% versus the same quarter a year ago
  + stars: | 2023-08-17 | 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 EmailIndustrial earnings rise 14% versus the same quarter a year agoCNBC's Dominic Chu reports on the industrial sector ahead of Deere's earnings results.
Persons: CNBC's Dominic Chu
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro Talks: Top investors Tom Lee and Stephanie Link spot buying opportunitiesWith summer winding down and Wall Street getting back to business, investors are set to see if 2023's surging market will run or stumble for the rest of the year. CNBC Pro assembled two of the best experts in the business to break down the homebuilder trade, energy sector and more. Fundstrat's Tom Lee and Stephanie Link of Hightower Advisors sat down with CNBC's Dominic Chu and shared their best stock picks and outlook.
Persons: Tom Lee, Stephanie Link, Hightower, CNBC's Dominic Chu Organizations: Wall Street, CNBC Pro, Hightower Advisors
Backyard tiny homes are increasing in popularity, especially in California. If you're considering building a tiny home in your yard, here are some pros and cons to consider. San Jose homeowner and ADU advocate Joyce Higashi rents her backyard home to traveling nurses for $3,000 per month, she previously told Insider. Pro: Tiny homes can allow a child or elderly parent to remain nearbyAn ADU in Seattle. Selma Hepp, chief economist at CoreLogic, previously told Insider she ran into many challenges when building her ADU.
Persons: it's, Glenn Robinson, Robinson, Joyce Higashi, Eugene Chu, Peter Bohler, Cindy Loughridge, Seth Restaino, Redfin, Higashi, Selma Hepp, Abodu, George Beatty, Realtor.com Organizations: Service, National Association of Realtors ., California Housing Works, Pew Research Center, Terner Center, Housing Innovation, University of California, Villa Locations: California, Wall, Silicon, Sonoma ., National Association of Realtors . California, Redwood City , California, Jose, San Diego, Seattle, Bay, Sonoma, Golden, Berkeley, Philadelphia
At first, Mr. Chu hesitated. The father-son pair ended up buying a two-bedroom condo in the Sherman Oaks neighborhood for $600,000. Mr. Chu poured his savings into the purchase, covering around 5 percent of the cost; his father put up the rest. The way Mr. Chu sees it, the past plays an enormous role in the lucky position he occupies in the present. “When it comes to cold, hard numbers, I think it is really helpful to be transparent,” Mr. Chu said.
Persons: Chu, Mr, , , He’s Organizations: Sherman Oaks Locations: Sherman, Hong Kong, United States, Seattle
Dominique Dawes on bringing a champion's mindset to business
  + stars: | 2023-08-03 | 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 EmailDominique Dawes on bringing a champion's mindset to businessWorld-renowned, highly decorated gymnast Dominique Dawes joins CNBC's Dominic Chu to discuss her Gymnastics Academy, founded to help develop kids' intrinsic self worth and self esteem, and place more emphasis on building character than record books.
Persons: Dominique Dawes, CNBC's Dominic Chu Organizations: Gymnastics Academy
How to Apply an Olympic Mindset to Entrepreneurship
  + stars: | 2023-08-02 | by ( Dominic Chu | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to Apply an Olympic Mindset to EntrepreneurshipAthletes and entrepreneurs possess similar qualities, like grit, determination, and perseverance. A three-time Olympic gymnast will join us to share how she is now applying the same mindset that earned her a gold medal to her newest endeavor as a small business owner, and how you can too. This interview was a part of CNBC's Small Business Playbook event on August 2nd, 2023.
Organizations: Entrepreneurship Athletes, CNBC's
The week ahead: Investors brace for week of earnings
  + stars: | 2023-07-28 | 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 EmailThe week ahead: Investors brace for week of earningsCNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.
Persons: CNBC's Dominic Chu
Bitcoin on pace for fifth week of losses
  + stars: | 2023-07-28 | 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 EmailBitcoin on pace for fifth week of lossesCNBC's Dominic Chu reports on the recent performance of Bitcoin and Ethereum.
Persons: CNBC's Dominic Chu
Nearly 12 million US workers may need to switch jobs by 2030, a McKinsey study found. But between now and 2030, the McKinsey researchers projected that 11.8 million workers will have to change jobs not because they want to, but because they have to. Roughly nine million of them might have to find new jobs in new industries altogether, the study found. The study found that Americans in lower-wage jobs are up to 14 times more likely to need to change occupations by 2030. Chui said this could lead to less demand for some jobs and increased demand for others — like healthcare workers.
Persons: Michael Chui, Chui, Chu, we're Organizations: McKinsey, Service, McKinsey Global Institute, America Locations: Wall, Silicon, United States
The week that was: Fed hikes interest rates
  + stars: | 2023-07-28 | 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 EmailThe week that was: Fed hikes interest ratesCNBC's Dominic Chu looks ahead to what are likely to be next week's top business and financial stories.
Persons: Dominic Chu
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