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Over 50,000 people are gathered in Baku, Azerbaijan, for the United Nations climate conference known as COP29. This is the second largest of the annual gatherings in their history, according to official estimates and recently published data. Diplomats from nearly 200 member countries will seek a deal on climate financing to support the clean energy transition in developing economies. Recent years have seen a spike in the number of guests, particularly from Europe, sub-Saharan Africa and the Middle East. Politicians started to take more interest in the climate talks in 2009, when they were held in Copenhagen.
Persons: Donald J, Trump, COP6, Keir Starmer, , Richard Kinley, they’ve, They’ve Organizations: Climate, United Nations, Diplomats, Paris Copenhagen, Berlin, COP3, Dubai, New York, Paris Copenhagen Official, CENTRAL, NORTH, NORTH AFRICA EAST, NORTH AFRICA Official, EAST ASIA, COP1, CENTRAL ASIA, EAST, PACIFIC, Copenhagen COP15, United, United Arab Emirates, Azerbaijan Russia United Arab, Swarthmore, Ivory, Ivory Coast Democratic Locations: Baku, Azerbaijan, United States, Europe, Saharan Africa, COP28, Dubai, Paris, Copenhagen, United Kingdom, China, SAHARAN AFRICA, NORTH AFRICA, NORTH AFRICA EAST ASIA, Berlin, ASIA, EUROPE, EAST ASIA, AFRICA, Russia, United Arab, Qatar, Doha, Azerbaijan Russia, Azerbaijan Russia United Arab Emirates Qatar, Ivory Coast, Ivory Coast Democratic Republic of Congo Senegal Ghana
CNN —Gregg Popovich, the NBA’s all-time winningest coach, suffered a mild stroke on November 2, the San Antonio Spurs said Wednesday. San Antonio said the incident happened at Frost Bank Center, the home arena of the Spurs. Popovich has started rehabilitation and is “expected to make a full recovery,” according to the team. “I would say that he’s doing good,” Johnson told reporters after the Spurs’ November 7 game against the Portland Trail Blazers. So, have not talked details and I’m not sure about anything.”The San Antonio Spurs say Popovich is "expected to make a full recovery."
Persons: CNN — Gregg Popovich, Popovich, Antonio, , Mitch Johnson, , ” Johnson, “ We’ve, I’ve, I’m, Wesley Hitt, Victor Wembanyama, We’re, ” Popovich, Organizations: CNN, San Antonio Spurs, Frost Bank Center, Spurs, , ” Spurs, Portland Trail Blazers, Getty, Blazers, NBA, Washington Wizards
New York CNN —Larry Summers has some unsolicited advice for President-elect Donald Trump: Don’t keep your campaign promises — unless you want to send prices skyrocketing once again. “If he carries through on what he said during his campaign, there will be an inflation shock significantly greater than the one the country suffered in 2021,” Summers told Kate Bolduan on CNN News Central on Wednesday. “I hope that he will get the message from this election and adjust his programs so that it’s not inflationary,” Summers told CNN. “In his first term, President Trump instituted tariffs against China that created jobs, spurred investment, and resulted in no inflation,” Karoline Leavitt, a Trump transition spokesperson, said in a statement. They just didn’t want the consequences that came with it in terms of increased inflation,” Summers said.
Persons: Larry Summers, Donald Trump, Summers, Clinton, ” Summers, Kate Bolduan, That’s, Trump, Obama, , ” Karoline Leavitt, ” Scott Bessent, ” Bessent, Axios, Trump “, Kamala Harris, Biden, I’ve, Organizations: New, New York CNN, Treasury, Federal Reserve, CNN News Central, CNN, Trump, Wall Street Journal Locations: New York, China, Ukraine
New York CNN —Two years ago, Pete Hegseth relocated his family from New Jersey, near Fox News headquarters, to a small town outside of Nashville, Tennessee. On Tuesday evening, President-elect Donald Trump said Hegseth is his pick for Defense Secretary – a decision that shocked even some of his friends at Fox. Hegseth and Rauchet disclosed their relationship to Fox management when Rauchet was pregnant (and Hegseth was still married). After returning home from Iraq in 2006, Hegseth wrote that more troops were urgently needed. Hegseth wrote “Modern Warriors” in 2020 and “War on Warriors” earlier this year, both for Fox’s book imprint.
Persons: Pete Hegseth, Friends ”, Biden, Donald Trump, Hegseth, , Pete, , Trump, ” Hegseth, , Roger Ailes, Ailes, buzzed, Hegseth’s, Samantha, Jennifer Rauchet, Rauchet, Kaitlan Collins, George W, Bear Stearns, Amy Klobuchar, Glenn Beck’s, Tucker Carlson, Jack Carr, Bernstein, he’d, Fox, Carr Organizations: New, New York CNN, Fox News, “ Fox, Friends, Fox, Army, Department of Defense, Inside Fox, Trump National Golf, Nashville Christian, CNN, Princeton University, New Jersey Army National Guard, National Guard, Harvard University, White, Trump, Department of Veterans Affairs, Twitter, Fox Nation, Veterans, Warriors, FOX News Media, Princeton Locations: New York, New Jersey, Nashville , Tennessee, Washington, DC, Iraq, Afghanistan, Guantanamo Bay, Cuba, United States, Bear, Guantanamo, Minnesota, Nashville, Tennessee
Chipotle shareholder sues over skimpy portion sizes
  + stars: | 2024-11-13 | by ( Ramishah Maruf | ) edition.cnn.com   time to read: +3 min
New York CNN —A Chipotle shareholder is suing the fast-casual chain over viral social media complaints about skimpy portion sizes. The proposed class-action lawsuit filed Monday claims Chipotle understated customer dissatisfaction regarding its “highly inconsistent” portion sizes in official disclosures. “First, there was never a directive to provide less to our customers,” Niccol said during the earnings call. After that earnings call on October 30, Chipotle stock dipped 7.86%. The proposed class action would make eligible anyone who purchased or sold Chipotle stock from February 8 to October 29, 2024.
Persons: Keith Lee, Chipotle, ” Laurie Schalow, Chipotle’s “, Brian Niccol, ” Niccol, Niccol, Jack Hartung, Scott Boatwright, Boatwright Organizations: New, New York CNN, Starbucks Locations: New York, Wells, Chipotle’s, Chipotle
Long before he was one of the highest paid movie stars in the world, Dwayne Johnson was wrestling for just $40 a match. "When I got into the business of Hollywood and moviemaking, it's like, 'Okay, well, what kind of movies do I want to make?' Johnson said he was methodical about the way he selected his roles, always following the mantra of "Audience first." "It was also an opportunity for me, I realized, to stretch myself in ways that I hadn't been stretched yet," Johnson says. But don't expect Johnson to leave his $40 lesson behind after his dramatic turn.
Persons: Long, Dwayne Johnson, Johnson, Mark Kerr, there's Organizations: United States Wrestling Association, WWF, WWE, Waffle, USWA, UFC, CNBC Locations: Tennessee —, Hollywood
Bluesky’s user base has doubled in the past 90 days — on Tuesday the company said it had gained 1 million new sign-ups in the past week alone, bringing it to more than 15 million total users. “X usage is at an all-time high and continues to surge,” X CEO Linda Yaccarino said in a post Wednesday. Bluesky also saw daily visits jump on Election Day and the day after to 1.2 million and 1.3 million, respectively, up from around 800,000 in the days before. On Bluesky, daily users more than doubled from-mid October to the post-election week. In the run-up to the election, Musk spread false and misleading claims about Trump’s competitor, Vice President Kamala Harris.
Persons: Bluesky rocketed, Elon, Musk, Donald Trump, Charlie Warzel, New York Times ’ Mara Gay, Don Lemon, X, White supremacists, Linda Yaccarino, , Similarweb, Bluesky, ” David Carr, we’ve, Ed Zitron, EZPR, Zitron, Mike Isaac, , Trump, MAGA, Kamala Harris, Vivek Ramaswamy, Vladimir Zelensky, Musk’s Starlink, That’s, – CNN’s Liam Reilly, Matt Egan Organizations: New, New York CNN, Apple, New York Times, CNN, Guardian, ” New York Times, Trump, Twitter, “ Department, Government Locations: New York, anecdotally, Bluesky, , Russia
It's her most important money advice for all investing newcomers — including her own children, Friedman told CNBC Make It on Tuesday while speaking at the Fortune Global Forum 2024. "Learn by doing — with small amounts of money, or even on platforms where you don't actually have to use real money," said Friedman. The earlier you can start investing, the better, added Barclays CEO C.S. 'They should start young from that first paycheck, have a really long term view, and the equity markets are a really important part of that." Later in life, you'll thank yourself for starting early, said Friedman: "[Investing] is a foundational element of wealth creation in this country."
Persons: millennials, Gen, Adena Friedman, Friedman, Gen Zers, Roth, Douglas Boneparth Organizations: Nasdaq, CNBC, Fortune, Young, Survey, Barclays, C.S, Global Locations: New York
Builders, meanwhile, are luring buyers with some perks but are barely budging on prices. That's partly because these companies have another place to turn: the rental market. Opportunistic investors — mostly small and midsize players, who own the vast majority of single-family rentals in the country — are happy to oblige. Builders have also started developing entire communities of single-family homes to be rented out rather than sold, a strategy known as build-for-rent. Their embrace of the rental market says more about the obstacles for buyers than for builders.
Persons: homebuilders, John Burns, Keith Hughes, , Horton, Don Mullen, they've, Adam Stern, Sean Morgan, Alex Offutt, Ray Sturm, Sturm, Selma Hepp, It's Organizations: John Burns Research, Consulting, Builders, John, Houston, Owners, SFR, Sun, Dallas, Local, Business Purpose, Offutt Locations: Tampa , Florida, Carolinas, Nashville, Horton
Nearly three decades ago, Tomas Gorny came to the U.S. as a Polish immigrant living on $3 a day, after rent and transportation costs. Today, the 49-year-old Gorny is the founder of multiple tech businesses, including a cloud-based business communications company called Nextiva that was most recently valued at $2.7 billion. Gorny, the company's CEO, has a net worth exceeding $1 billion, according to a Nextiva spokesperson. After rent and transportation costs, he had only a few dollars per day for food and other necessities, he says. Two years later, his $3 per day turned into a net worth above $1 million, he says.
Persons: Tomas Gorny, Gorny, Organizations: CNBC, Internet Communications Locations: Germany, Los Angeles
I was in the White House before. The Bidens have similarly spent significant time at the family’s Delaware homes, though the White House has been both Joe and Jill Biden’s primary residence on weekdays for the past four years. I don’t feel that way,” Melania Trump told Fox News’ Ainsley Earhardt last month. The prospect of a first lady declining to live full time at the White House offers a remarkable break in precedent but should not be surprising to those who have long observed Melania Trump. In this May 2018 photo, Melania Trump arrives during a "Be Best" initiative event in the Rose Garden of the White House in Washington, DC.
Persons: Washington CNN — Melania Trump, she’ll, Jill Biden, Joe Biden, Donald Trump’s, Melania Trump, Trump, “ I’m, ” Trump, Donald Trump, Jill Biden’s, Barron, Barron Trump, ” Melania Trump, Ainsley Earhardt, … He’s, , Kate Bennett, Melania Trump’s, Biden, children’s, Al Drago, Bennett, , Stephanie Grisham, , Stephanie Winston Wolkoff, Winston Wolkoff, Laura Bush, Michelle Obama, Rosalynn Carter, “ wasn’t, Rebecca Wright, that’s, ” Bennett Organizations: Washington CNN, CNN, White, Fox News, Mar, New York University, Trump, White House, CNN White House, , Bloomberg, Getty, East Wing, SSRS, Palm, , Republican National Convention Locations: Washington, New York City, Palm Beach , Florida, Lago, Bedminster , New Jersey, Delaware, Florida, New York, Madison, West Palm Beach, Rose, Washington , DC, McAllen , Texas, Palm Beach and New York, Milwaukee
Jasmine Escalera has seen her fair share of career advice, both good and bad, on social media over the years. But one thing she says platforms like TikTok do well is sharing videos and tips of how to network effectively. "Focus on the advice that's more about how to build a professional network that's healthy and supportive," she says. Try asking, "Do you have any information and advice on the salary range you normally see in X position?" Plus, sign up for CNBC Make It's newsletter to get tips and tricks for success at work, with money and in life.
Persons: Jasmine Escalera, Escalera, aren't Organizations: CNBC Locations: Miami
Daniel Haarburger always asks job candidates a simple, common interview question: What does your day-to-day life look like? One candidate gave him a textbook example of the "worst response that I've ever heard," Haarburger, the CEO of Denver-based dog toy company Woof, tells CNBC Make It. That was someone blatantly saying, 'I don't know what the hell I'm doing.'" You do need to be honest during job interviews, Haarburger notes. Haarburger offers another piece of advice: No matter what you say, keep your demeanor and body language consistent throughout your interview.
Persons: Daniel Haarburger, who's, didn't, Haarburger, Tom Gimbel, DON'T, I'm, Gimbel, Matt Abrahams, Abrahams Organizations: CNBC, LaSalle Network, Stanford University Locations: Denver
The West shouldn't assume that China is lagging behind the U.S. and Europe on tech developments, Microsoft's president and vice-chairman warned. U.S-China tensions in the past few years have centered on the battle between the two nations for tech supremacy, culminating in a slew of export controls on critical technologies. Speaking at the Web Summit tech conference in Lisbon, Portugal, on Tuesday, Microsoft's Brad Smith told CNBC that "in many ways," China is close to or is even catching up on technology. "I think one of the dangers, frankly, is that people who don't go to China too often assume that they're behind," he told CNBC's Karen Tso. "But when you go there, you're impressed by how much they're doing."
Persons: China's, Microsoft's Brad Smith, CNBC's Karen Tso Organizations: China's Huawei, Summit, CNBC, U.S Locations: China, Europe, Lisbon, Portugal
Three members of the paper’s editorial board resigned, scores of staffers openly protested, and thousands of readers cancelled their subscriptions as the Times was thrust into an uncomfortable spotlight. A new Editorial Board. After news of the Times’ non-endorsement broke last month, Soon-Shiong’s 31-year-olddaughter, Nika, told The New York Times that “our family made the joint decision” over Harris’ stance on the war in Gaza. As with the Times, the decision was handed down by the publication’s billionaire owner, Amazon founder Jeff Bezos, igniting a firestorm of controversy. Asked about whether the backlash over his decision not to endorse had been a “disaster” for the paper, Soon-Shiong pushed back.
Persons: Patrick Soon, Shiong, Kamala Harris, Harris, , , Nika, , “ Somebody, , Jeff Bezos Organizations: New, New York CNN, Los Angeles Times, Times, CNN, Editorial Board, Trust, New York Times, Washington Post, Amazon Locations: New York, Gaza
DETROIT — Volkswagen Group increased its planned investment for a joint venture with electric vehicle startup Rivian Automotive to $5.8 billion as the companies have broader aspirations than they initially announced for the team-up. Investors were impressed with the details of the deal, sending shares of Rivian up 13% in trading Wednesday. The companies said they expect roughly 1,000 people to work for the joint venture. But VW's capital to Rivian isn't guaranteed, and neither is the success of the deal. The automotive industry has seen a number of major mergers and joint ventures that don't result in long-term successes.
Persons: Rivian, Rivian isn't Organizations: DETROIT — Volkswagen Group, Automotive, Investors, VW Locations: Normal , Illinois, Georgia, Rivian
Elon Musk says a leaderboard of "dumb" government spending will expose waste — and he wants your two cents. The Tesla CEO said this week that he planned to post a public "leaderboard for the most insanely dumb spending of your tax dollars." While the effectiveness of Musk's leaderboard remains to be seen, experts told Business Insider it showed his marketing savvy — even if it could also encourage "gotcha" moments that need more context. Especially in a dry realm such as government spending, Musk's plans are bound to grab eyeballs — and perhaps make people feel more invested in the outcome. She said there was some precedent for Musk's leaderboard, noting that former Sen. William Proxmire, a Democrat from Wisconsin, issued the "Golden Fleece Award" for wasteful spending throughout the 1970s and '80s via monthly press releases.
Persons: Elon Musk, , Musk, Donald Trump's, DOGE —, he's, Vivek Ramaswamy, Natalie Andreas, Austin who's, Ayelet, didn't, Musk's, Andreas, Karen North, Clinton, Sen, William Proxmire, It's, screwworms —, Amy Jo Kim, Kim Organizations: Service, Department of Government, University of Texas, Austin, University of Chicago's Booth School of Business, University of Southern California's Annenberg School for Communication, Journalism, Stanford Locations: Wisconsin
Astrology TikTok creators predicted a Harris win, and they're now facing questions. "You see people who are really, really frustrated and who feel betrayed." Many astrology TikTok accounts predicted a Harris win based on her chart, Semafor reported. While young men have migrated toward Joe Rogan and Logan Paul, astrology TikTok is more likely to have seen an influx of women. AdvertisementSara Walka, the founder of the holistic self-help business The Sisters Enchanted and who teaches astrology, told BI the community is very resilient.
Persons: Harris, , Kamala Harris, Donald Trump, Jess Rauchberg, Astrologists, Nick Grigolia, Maren Altman, Julia Kelley, Semafor, Dayna Lynn Nuckolls, HuffPost, Nuckolls, Rachel Lang, Lang, Rauchberg, you've, Joe Rogan, Logan Paul, They're, Sara Walka, Walka Organizations: Service, Market Research, Trump, Agora Locations: TikTok, Greece, Rome
I went from NYC to the Pennsylvania suburbs because I work remotely and wanted a better apartment. I love not having to rely on public transportation anymore, but driving at night can get scary. AdvertisementI grew up in Staten Island, a borough of New York City, and lived there almost my entire life until last summer. I've gotten more comfortable driving as I've done it more, but I hadn't expected such a steep learning curve. A lot of the friends I've made up here are also engaged, married, or in serious relationships.
Persons: I've, they've, , Gary Hershorn Organizations: Service Locations: NYC, Pennsylvania, Staten Island, New York City, Manhattan, Staten, Jersey City
Lisa Kauffman was over Florida's hurricanes and the faster pace of life in the US. AdvertisementThis as-told-to essay is based on a conversation with Lisa Kauffman, a 55-year-old teacher with a background in biology and special education. In 2023, I purchased a one-way ticket to Panama, planning to live on the private island I had previously visited in 2022. I live off the grid, and my day-to-day expenses are lowThe island I live on is remote. Courtesy of Lisa KauffmanI live on about $1,000 a month.
Persons: Lisa Kauffman, Kauffman, , I've, I'd, Ian, I'm, Minnie Organizations: Service, Kauffman Locations: Panamanian, Panama, Caribbean, Bocas del Toro, Panama City, Florida, Fort Myers, Costa Rica, Hawaii, Thailand, New York
Clark’s golf balls had 22 emblazoned on them – her now famous jersey number. While the pair played nine holes together, Clark said she was unable to soak up any of Korda’s golfing skills. “I’ve watched and she’s been amazing but golf’s hard, hard to replicate that fast but she’s been incredible,” Clark told the broadcast. Definitely a fun morning.”While Clark has been working on her golf game in the offseason, her attention will soon be back on basketball. Clark told the broadcast she has been focusing on fine-tuning her skills on the court but she is also working on getting stronger off the court ahead of her sophomore season.
Persons: Caitlin Clark, Clark, ANNIKA Pro, Annika Sörenstam, Nelly Korda, , Douglas P, It’s, ” Clark, ” Korda, “ I’ve, she’s Organizations: CNN — Basketball, Pelican, Indiana Fever, Indiana, Clark Locations: Swedish, Belleair , Florida, Gainbridge
CNN —Argentine delegates at the COP29 United Nations climate summit in Baku, Azerbaijan, have been ordered to withdraw from negotiations and return home, according to a source at the country’s foreign ministry. He is expected to travel to the United States this week to attend a Conservative Political Action Conference (CPAC) summit at Mar-a-Lago, Florida. Milei came to power less than a year ago, running on a libertarian platform, and has since implemented drastic social and economic measures in Argentina. Other cuts to public services have so far included shutting down the Argentina national press agency Télam and several ministries. Abortions were legalized in Argentina in 2021 in all cases up to 14 weeks of pregnancy.
Persons: Donald Trump’s, Trump, Biden, , , John Podesta, Javier Milei, ” Milei, Milei, ” Javier Milei, UNGA, Michael M, Diana Mondino, CNNE, Donald Trump, Trump’s Organizations: CNN, Argentine, COP29, White, UN, Assembly, United Nations, Conservative Political, Argentina national Locations: Nations, Baku, Azerbaijan, Paris, Argentina, New York City, Cuba, Venezuela, United States, Mar, Lago , Florida, Buenos Aires
Select Quality Equity Fund (GQEPX) is up 33% in 2024, outpacing the S & P 500's 27% year-to-date total return. It has also outperformed 99% of funds in its category over the past five years, per Morningstar. This matches the rest of the firm's fund strategies, GQG portfolio manager Brian Kersmanc told CNBC. "We focus on this concept of forward quality," Kersmanc explained. So they're considered that sort of a blue chip, almost widow-and-orphan stock within the portfolio," Kersmanc said.
Persons: Morningstar, GQEPX, Brian Kersmanc, Eli Lilly, Kersmanc, Rajiv Jain, it's, Philip Morris, , It's, they're Organizations: GQG Partners, Equity Fund, CNBC, Nvidia, Exxon Mobil, Kersmanc, Exxon Locations: Florida, GQEPX
Younger Americans are moving to rural areas, reshaping demographics and economies. Census data shows a shift from cities to rural areas for people ages 25 to 44 since 2020. Instead, they're heading to rural areas. AdvertisementLombard said there's been a surge of young people moving to South Carolina, North Carolina, and Tennessee, oftentimes for work. Even with many companies pushing for mandatory return-to-office policies, younger Americans continued moving to rural communities in 2023 at an accelerated pace.
Persons: , Z, Hamilton Lombard, Lombard, there's, it's Organizations: Service, University of Virginia, Colorado Rockies, Brooklyn —, Power, nsheidlower Locations: Rural, Los Angeles, Kings County, Brooklyn, South Carolina, North Carolina, Tennessee, Flint , Michigan, Oak, Huntsville, Atlanta, Georgia
Savannah James was extremely nervous to start a podcast, but this year, alongside her close friend, April McDaniel, she did just that. For the majority of her life in the public eye, people saw James as the quiet wife of basketball star, LeBron James, and mom to their three children. On the "Everybody's Crazy" podcast, James and McDaniel take calls from people who are looking for advice on how to handle complicated situations. Starting the podcast was also a very big leap for McDaniel, who founded her own marketing agency, Crown + Conquer. I think the one thing people don't realize about me and Savannah is we don't care what other people think."
Persons: Savannah James, April McDaniel, James, LeBron James, Bronny James, hadn't, McDaniel Organizations: NBA Locations: Savannah
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