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While rice is the staple that’s cooked in households across Kashmir, bread is what drives the local community and economy. With so much traditional knowledge guarded and passed down through generations, Kashmir’s bread culture could qualify for a UNESCO intangible heritage listing and possibly rival France’s boulangerie tradition. Her father hailed from Kashmir so for her, summertime equals Kashmir, and Kashmir equals a warm, pillowy girda. When she returned years later, to learn more about Kashmir’s bread culture from her neighborhood baker, she was promptly told off. “Bread is really sacred in Kashmir and that relationship that a family has with their local kandurwan is really special.
Persons: Emperor Jehangir, Faisal Khan, Mukhtar Khan, France’s, Altaf, , Mehvish, , AP Dal, Muzamil, Marryam, Reshii, roth, it’s, that’s, rogan josh, Roth, Jasleen Marwah, girda, I’d, Marwah, Tauseef Mustafa, Varun Totlani, tzir, Hussain Shahzad, morel, Vanika Chaudhury, Vanika, scoffed, Douglas McMaster, Chaudhury Organizations: India CNN, Silk, Anadolu Agency, Getty, UNESCO, CNN, AP, Folk, Silo Locations: Srinagar, India, Kashmir, Srinagar’s, Pakistan, kandarwans, Europe, East, Asia, Central Asia, pillowy, New Delhi, Goa, Portuguese, chai, , Indian, Mumbai, AFP, India’s Himachal Pradesh, Masque, Mumbai’s, Lower Parel, London
Why Muddy Waters' CIO Carson Block is skeptical of e.l.f. Beauty
  + stars: | 2024-11-20 | 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 Muddy Waters' CIO Carson Block is skeptical of e.l.f. BeautyCarson Block, founder and CIO of Muddy Waters Research, joins CNBC's 'The Exchange' to discuss why his firm is shorting e.l.f. Beauty, why he believes the company may be lying about some of its data, and more.
Persons: Waters, Carson Block, Carson Organizations: Muddy Waters Research
artifacts from an Etruscan necropolis looted by a couple of bungling tomb raiders in Umbria who stumbled across the haul on their land. They were found in Citta della Pieve, about 150 kilometers (90 miles) north of Rome. The ornate artifacts were seized by Italian police after 'clumsy' tomb raiders tried to find buyers online. They “had nothing to do with the world of (practiced) tomb raiders” and were “clumsy” and “amateurish” in the way they tried to access the black market for looted art, the prosecutor said. Another Etruscan tomb, belonging to the same “Pulfna” family, was found in Città della Pieve in 2015.
Persons: Remo Casilli, Raffaele Cantone, , Cantone, Annamaria Greco, Città, dei Organizations: CNN, Citta della Pieve, Police, Carabinieri, Facebook Locations: Umbria, Italy, Rome, Perugia, Città della Pieve
AdvertisementSpeaking at the Sohn conference in London, Muddy Waters founder Carson Block said he was short E.L.F Beauty. Notorious short-seller Carson Block has a new target: discount cosmetics company E.L.F. AdvertisementUsing import data and referencing conversations the Muddy Waters founder and his team had with E.L.F. "Its reported inventory also appears materially inflated as a result — i.e., to account for cash that has not really come in." AdvertisementBlock and his firm, Muddy Waters, have been a thorn in the side of plenty of companies, big and small.
Persons: Muddy, Carson Block, E.L.F, Block, Muddy Waters, Block's, Blackstone Organizations: Sohn, Muddy Waters, Sohn Conference Locations: London, California, Muddy, China
Parker Solar Probe is poised to make the closest approach to the sun attempted by a spacecraft in late December, while Solar Orbiter is tasked with taking the closest-ever images of the sun’s surface. What’s more, the Solar Orbiter and Parker Solar Probe are studying the sun at close distances at an ideal time — during the peak of its annual cycle. “These new high-resolution maps from Solar Orbiter’s PHI instrument show the beauty of the Sun’s surface magnetic field and flows in great detail. A magnetogram shows the line-of-sight direction of the sun's magnetic field, which clusters around sunspots. Experts track increasing solar activity by counting how many sunspots appear on the sun’s surface.
Persons: Helioseismic, Parker, , Daniel Müller, Helioseismic Imager, European Space Agency Mark Miesch, Miesch, , Elsayed Talaat Organizations: CNN, Solar, Orbiter, European Space Agency, NASA, Probe, Parker, Solar Orbiter, Space Agency, National Oceanic, Prediction, Cooperative Institute for Research, Environmental Sciences, University of Colorado, Scientists, NOAA
Now, they're waiting "until the last moment of need, focusing on deals, and then stocking up," CEO Brian Cornell said. Chief Commercial Officer Rick Gomez provided additional detail about how this new consumer pattern has played out for the company. Advertisement"Our Target Circle week this quarter was one of our biggest yet," he said. Unseasonably warm temperatures also meant that shoppers delayed their purchases of cold-weather apparel until they actually needed it, Gomez said. "Would you be willing to trade some of the upside in those areas for even more consistency from quarter to quarter?"
Persons: Brian Cornell, Rick Gomez, Gomez, Neil Saunders, , Fitch, David Silverman, Michael Lasser, Cornell Organizations: Target, Walmart, Data, UBS Locations: New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRamirez: Target's private labels shine, but Walmart leads in groceries. Jessica Ramirez, Senior Research Analyst at Jane Hali & Associates, discusses Walmart and Target's performance, emphasizing Walmart's strength in groceries and Target's focus on private labels and holiday traffic drivers. She notes cautious consumer spending, strategic promotions, and TJX's success in beauty amid shifting trends.
Persons: Ramirez, Jessica Ramirez, Jane Hali Organizations: Walmart, Associates
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Muddy Waters Research founder Carson BlockCarson Block, founder and CIO of Muddy Waters Research, joins CNBC's 'The Exchange' to discuss why his firm is shorting e.l.f. Beauty, why he believes the company may be lying about some of its data, and more.
Persons: Carson Block Carson Organizations: Muddy Waters Research
Next month, the Disney Treasure cruise ship will make its maiden voyage from Port Canaveral, Florida, to the Caribbean, officially becoming the sixth ship in the company's lineup. The cruise ship Disney Treasure. A guest room on the Disney Treasure cruise ship. Worlds of Marvel, a restaurant on Disney's cruise ship Treasure that was inspired by the Marvel Cinematic Universe. Jumbeaux's Sweets, inspired by the ice cream parlor in Disney's "Zootopia," is a gelato and sweets shop on Disney's Treasure cruise ship.
Persons: Minnie, hadn't, Thomas Mazloum, Gavin Doyle, Doyle, , Coco, Jumbeaux's Sweets, Jumbeaux's, I've, we've, There's Organizations: Disney, Disney Destiny, Oriental Land Company, Disney Cruise, Disney Disney, Royal, Cruise, de Coco, Mariachi Plaza, Pixar, Marvel, Walt Disney Animation Studios, Steakhouse, Skipper, Skipper Society, Cruise Lines International Association, Disney's Oceaneer, Walt Disney Theatre, Lucasfilm Locations: Port Canaveral , Florida, Caribbean, Japan, Royal Caribbean
The Appalachian Trail extends for almost 2,200 miles across 14 states – from Springer Mountain in Georgia to Mount Katahdin in Maine. Portions of the trail in North Carolina’s Pisgah National Forest suffered the most severe damage and remain closed. Towns and businesses need the trail’s trafficThe Appalachian Trail is more than a footpath for many people. Every year thousands of people attempt to hike the entire trail or “thru-hike” it, and about 3 million people visit portions of the trail, according to the Appalachian Trail Conservancy. The total cost of the repairs along the trail remains unclear while officials continue assessing the full extent of the wreckage, the Appalachian Trail Conservancy said.
Persons: Terry Wise, Hurricane Helene, , Wise, Helene, , , Michelle Mitchell, Franklin Tate, They’ll, Tate, ” Wise, It’s, ’ ” Wise, Johnny’s, We’re, Ed Clark, ” Clark, Roy Cooper’s, Paul Curtin, Curtin, Crews, ” Curtin, Mitchell, Terra Caballero, Caballero, ” Caballero, Billoy, Shutterstock Craig Stivers, Stivers, Erwin, ” Stivers Organizations: CNN, Volunteers, US Forest Service, National Park Service, Forest Service, Forest, Cherokee, North Carolina . North Carolina Forest Service, Appalachian, Conservancy, Forest . United States Forest Service, North Carolina Gov, Carolina Mountain Club, Asheville . United States Forest Service, US Department of Transportation, Officials, conservancy, Unicoi Locations: Erwin , Tennessee, East, Springer, Georgia, Katahdin, Maine, Georgia , North Carolina , Tennessee, Virginia, Southern, North, Pisgah, Tennessee, North Carolina, Hurricane, North Carolina . North, Towns, Appalachian, Erwin, Hot Springs , North Carolina, The, Asheville, Forest, Bent, Asheville ., South Carolina , Tennessee, Florida, Hurricane Milton
The San Francisco-based couple recently partook in a TikTok trend that features shoppers showing off the quirky items found at their local HomeGoods stores. “You feel the need to walk away with it because it’s gone the next day,” Gavello, 27, said about the appeal of HomeGoods products. But HomeGoods really does dictate for you, it tells you what to buy.”Wood said that he used to go to HomeGoods with his mom and pull out the weirdest items in the store to inspect. The official HomeGoods TikTok account commented on the couple’s video saying, “sometimes you don’t know what you need until you go to HomeGoods.”A representative for HomeGoods did not immediately respond to a request for comment Tuesday. Gordon said the TikTok trend is fun because it shows the wide range of decorations that exist across HomeGoods stores.
Persons: Aubrey Gavello, Alex Wood, it’s, ” Gavello, Wood, ” Wood, , HomeGoods, , Tatyiana Gordon, Gordon, “ It’s Organizations: TJX Companies, Sierra Trading, Marshalls, CNBC Locations: HomeGoods, San Francisco, Maxx, Syracuse , New York
Walmart’s CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald Trump’s proposed tariffs take effect. “We never want to raise prices,” he said in an interview with CNBC on Tuesday. Beauty CEO Tarang Amin told CNBC in an interview earlier this month that the company could be forced to raise prices if the higher duties take effect. The majority of goods Walmart sells are not at risk of tariffs. The home improvement retailer addressed the potential levies as it reported earnings on Tuesday.
Persons: John David Rainey, Donald Trump’s, , , ” Rainey, Wall, Matthew Shay, Tarang Amin, Steve Madden, Rainey, We’ve, Lowe’s, it’s, Brandon Sink, — CNBC’s Gabrielle Fonrouge Organizations: CNBC, National Retail Federation, Walmart Locations: China, U.S
Since moving to Paris, I've worn a tinted base (sometimes mixed with moisturizer) on my face five times a month at the most. AdvertisementOne of the first things I noticed in Paris was how little makeup most French women wear. AdvertisementI've learned to embrace natural browsFilling my thin, blonde eyebrows with a pencil was part of my makeup routine in the US. AdvertisementI believe my skincare routine has completely improved my complexion, as my face seems plumper, more radiant, and brighter. I hardly ever wear a set of false lashesFalse lashes aren't part of my going-out makeup routine anymore.
Persons: I've, American who's, Amanda Rollins I've, you'd, Iuliia Pilipeichenko, La Roche, I'm Organizations: Maxx Locations: Boston, Paris, American, France, mascara, NUXE Paris
An unemployed UX designer, Lei had taken it upon herself to create the perfect work bag. Today, Lei is the 28-year-old CEO and founder of Freja, a New York-based company that sells work totes, shoulder purses and travel accessories. A 'really, really slow' startIn February 2019, Lei was a soon-to-be-unemployed graduate student at Cornell University preparing for a job interview in New York. She tried pairing three different work bags with her outfit, and none of them worked. "It was really, really slow for the first two years," says Lei.
Persons: Jenny Lei, She'd, Lei, , Freja, Louis Vuitton, Dior, Celine, Loewe, Sandy Liang Organizations: CNBC, Cornell University Locations: Hoboken , New Jersey, New York, Bryant, Brooklyn, Guangzhou, China
According to a Goldman Sachs estimate, the industry is worth around $250 billion and could grow to $500 billion by 2027. "The market may be expanding, but competition is fierce," Tachat Igityan, the CFO and founder at Destream, a payment platform for content creators, told Business Insider. Advertisement"The algorithm, it gets really frustrating," Tufte told BI. "The $250 billion influencer economy might sound huge, but it doesn't mean all influencers are raking it in," Murray said. She said she thinks this is the way most content creators will go.
Persons: Goldman Sachs, Julia Montgomery, Marisa Kay, Ruby Tufte, Tufte, she's, Dominic Smales, Kim Murray, Murray, Smales, , influencers Organizations: BI, YouTube, Gleam, GloMotion Studios, Virality, Brands Locations: TikTok
Population density and topography obviously have a significant effect on construction costs. “There was also a lack of discussion over the chosen route, which could have followed existing highway corridors.”Rapidly rising construction costs have plagued major projects across the world in recent years. Signs placed on a fence by environmental activists protest against tree-felling operations for the HS2 rail link at Jones Hill Wood in Wendover, England, in April 2021. However, their efforts were in vain and only succeeded in significantly driving up construction costs. ‘Mutilated and pointless’Plans have been dropped for a proposed HS2 railway station at Meadowhall in Sheffield.
Persons: hoardings, Henry Nicholls, it’s, Christian Wolmar, , Ricardo Ferreras, , ” Ferreras, Wolmar, Chris Gorman, Wood, Mark Kerrison, Joe Giddens, Mike Kemp, Rishi Sunak, Anna Gowthorpe Organizations: CNN, Speed, Britain, WHOOSH, Station, London Times, ” Railway, CNN Travel, , Chiltern, New Economics Foundation, London Euston, Birmingham Airport, Crewe, Conservative, Labour, Birmingham, Sunak, Leeds, High Speed Rail, Hitachi, Alstom, Siemens, Euston, Treasury, Audit Office Locations: United States, Bordeaux, France, China, Japan, London, English, Birmingham, Jakarta, Bandung, London's, AFP, Britain, Ukraine, Europe, Spain, Great, England, Jones, Wendover, Buckinghamshire, Colne, Cross , Hertfordshire, Manchester, Leeds, Scotland, Wales, Euston, Crewe, Meadowhall, Sheffield, Midlands, Nottingham, Liverpool
CNN —President-elect Donald Trump announced Monday he has selected former congressman and recent Fox Business co-host Sean Duffy to serve as the next secretary of the Department of Transportation. He most recently was co-host of Fox Business’ “The Bottom Line,” after first joining Fox News as a contributor in 2020. Wednesday marked his last day appearing on Fox Business, and he interviewed for the role of transportation secretary later in the week, according to a source. In the role, Duffy would takeover the department from Secretary Pete Buttigieg, who was named to lead the department in February 2021. Campos-Duffy is the co-host of “Fox & Friends Weekend,” where she worked for years alongside Pete Hegseth, Trump pick for defense secretary.
Persons: Donald Trump, Sean Duffy, Duffy, Duffy’s, , , ” Trump, Pete Buttigieg, Elaine Chao, Duff, Rachel Campos, Campos, Pete Hegseth, Trump, CNN’s Brian Stelter Organizations: CNN, Fox Business, Department of Transportation, Congressional, Fox News, Trump, Republican, , Competence, Competitiveness, Beauty, National Security, ESPN, Fox, MTV, “ Fox, Friends, Republicans Locations: Ashland County , Wisconsin
AdvertisementIndependent luxury brands face pressure to sell or seek investment amid the market downturn. It's a decision some independent luxury brands are confronting amid an industry-wide downturn. Even the biggest and most successful independent brands with cult followings are under pressure. Seize the moment or risk failureEscribano said there's been an uptick of independent brands seeking investors as a survival strategy. For independent brands, Escribano said, the thought process is "either we make it today or we're not here tomorrow."
Persons: It's, Simon Porte Jacquemus, Figaro, Gigi Hadid, Stephane Cardinale, Corbis, Jacqumeus, Blanca Zugaza Escribano, Escribano, there's, Kate Middleton, Dion Lee, Taylor Swift, Mara Hoffman, Roksanda, Chris Jackson, Milton Pedraza, Le Figaro, Jaquemus, Montaigne, Pedraza, Jacquemus, Kering, Valentino, Marc Piasecki Organizations: Fashion, Business, The Brand Group, Luxury Institute, Olympics, Burberry, Brands Locations: Soho , New York City, French, Serbian, Paris
AdvertisementVictoria Kjær Theilvig is the first Miss Denmark to win Miss Universe in the pageant's history. Victoria Kjær Theilvig is a historic Miss UniverseTheilvig's crowning moment on the Miss Universe stage. AdvertisementTheilvig is also the first blond to win Miss Universe since Miss Australia Jennifer Hawkins did so in 2004. In her Miss Universe video, Theilvig said she was practicing her public speaking and runway walk in preparation for Miss Universe so she could be "the best version of myself." Theilvig became a mental-health advocate after overcoming childhood traumaTheilvig is the first Miss Denmark to win Miss Universe in the pageant's 73-year history.
Persons: Theilvig, Victoria Kjær Theilvig, Victoria Kjær, Hector Vivas, Theilvig nabbed, Jennifer Hawkins, Chidimma Adetshina, Miss Malta Beatrice Njoya, Miss Egypt Logina Salah, Let's Organizations: Miss Denmark, Miss, 73rd Miss, Miss Grand Locations: Mexico City, Miss Denmark, Miss Nigeria, Miss Egypt, Copenhagen
She started with a $39,000 salary in NYC, facing financial challenges and strict budgeting. I graduated in 2013 with a degree in biology and landed my first job in NYC as a sessions assistant, making $39,000. I learned financial discipline, thinking ahead for unforeseen expenses, and developing a method for organizing my money. I was proud of myself, but I still had recurring anxiety about losing the job and the money. A high-paying job came with the benefit of having peace of mindWhen I started at Google, my base salary was $132,000.
Persons: McCoy, Khayla McCoy, I've, I'm Organizations: General Assembly, BlackRock, Google Locations: Madisonville , Tennessee, NYC, Ellevest
Barrow, Combs and bodyguard Anthony Jones were tried in the shooting in 2001. Combs categorically denies Mr. Barrow’s allegations, including any suggestion that he orchestrated Mr. Barrow to ‘take the fall’ or ‘sacrificed’ him by directing witnesses to testify against him. Combs appreciates the path Mr. Barrow has pursued and wishes him continued success. It is unfortunate that Mr. Barrow has chosen to revisit these allegations. “I’ve healed and I’ve forgiven, I’ve gotten over it,” Barrow said of Combs.
Persons: CNN — Moses “ Shyne ” Barrow, , ” Barrow, , Sean “ Diddy ” Combs, Combs, Barrow, Combs ’, Jennifer Lopez, Anthony Jones, Jones, I’ve, Barrow doesn’t, , Mr, “ I’ve, ” “, Shyne Organizations: CNN, Boy Records, Diddy, Club New, , Representatives, Hulu Locations: Belize, ” Barrow, New York City, Barrow, New York, , Club New York,
The big storyA Copilot conundrumMicrosoft; Chelsea Jia Feng/BIMicrosoft's challenges with its flagship AI product could be another red flag for an industry with high hopes for the tech. Earlier this year, analysts at Barclays highlighted an under-the-radar risk to AI bets: the depreciation costs related to AI chips . A potential Trump trade plan beneficiary: US semiconductor jobs. If Trump's proposed trade plan is enacted, the American semiconductor industry could see hiring growth. Walmart might be just fine under Trump's proposed trade plan.
Persons: Copilot, Chelsea Jia Feng, Insider's Ashley Stewart, Satya Nadella didn't, doesn't, Ashley, It's, Sam Altman, Alistair Barr, Alyssa Powell, Jared Spataro, OpenAI, Biden, Carlyle, Will Matt Gaetz, Will Trump, Rob Arnott, Arnott, ANGELA WEISS, Trump's, Ilya Sutskever, Mira Murati, Rebecca Zisser, homebuyers, Trump, Bob Iger, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, New York.Milan Sehmbi Organizations: Business, Microsoft, Chelsea, Getty, Lumen Technologies, Barclays, Trump, Treasury, UFC, Republican, Getty Images, Elon, Spirit Airlines, JetBlue, Walmart, Walmart US, Shoppers, The Locations: Ukraine, Russia, Rio de Janeiro, New York, Chicago, London, New York.Milan
CNN —Vladimir Shklyarov, a world-renowned Russian ballet star, has died after falling from the fifth floor of a building on Saturday. His death was confirmed by the Mariinsky Theater, a venue in the city of St. Petersburg where Shklyarov was the highest-ranking dancer. “This is a huge loss for the entire Mariinsky Theater team,” it said. Shklyarov died two days before he was due to undergo complex spinal surgery and had been taking “serious painkillers” for some time, Russian media reported. Born in Leningrad — now St. Petersburg — Shklyarov studied at the prestigious Vaganova Academy of Russian Ballet and graduated in 2003.
Persons: Vladimir Shklyarov, Shklyarov, , , It’s, Diana Vishneva, Instagram, Petersburg — Shklyarov, , ” “ Romeo, Juliet ”, “ Don Quixote, Alexei Ratmansky, Ratmansky, Maria Shirinkina Organizations: CNN, Mariinsky Theater, RIA Novosti, Mariinsky, Vaganova Academy of Russian Ballet, London’s Royal Ballet, American Ballet Theatre, Russia, Bolshoi Ballet Locations: Russian, St . Petersburg, Leningrad —, St, Petersburg, Swan, Russia, New York, Ukraine, Ukrainian
AdvertisementIn 1988, Michelle Yeoh left acting to focus on marriage and starting a family. While Michelle Yeoh's "biggest sadness" in life is not being able to have kids, the actor has no regrets. In an interview with The Times published on Sunday, Yeoh, 62, opened up about her first marriage to Dickson Poon, a Hong Kong entrepreneur and CEO. Advertisement"Maybe that is the biggest sadness in my life, that I cannot have kids," she told The Times. Still, Yeoh knew that Poon wanted kids.
Persons: Michelle Yeoh, Dickson Poon, Michelle Yeoh's, Yeoh, I'd, " Yeoh, Poon, Jean Todt, Nicolas, Darina, Maxime ❤️ 💖✨ Organizations: Times, Ferrari Locations: Hong Kong
Darien Craig and Brandon Echols have known each other since they were 6 years old in small-town Hayden, Alabama. They attended the same high school and even dropped out of college in tandem, they said on Friday's episode of ABC's "Shark Tank." Craig and Echols co-own Y'all Sweet Tea, which Craig founded in 2021 — after getting fired from his previous job, he wrote on his company's website. "The week I got fired, I had $7 to my name," wrote Craig. Y'all sells its tea direct-to-consumer and in roughly 600 grocery store locations, mostly across the southeastern United States, Echols said on "Shark Tank."
Persons: Darien Craig, Brandon Echols, Craig, Echols, Georgia, Kevin O'Leary, Barbara Corcoran chimed, Mark Cuban Locations: Hayden , Alabama, United States
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