Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "CNBC's Andrew Ross Sorkin"


25 mentions found


Meet the AI version of Andrew Ross Sorkin and David Faber
  + stars: | 2024-11-13 | 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 EmailMeet the AI version of Andrew Ross Sorkin and David FaberCNBC's Andrew Ross Sorkin and David Faber present their AI versions at CNBC’s Delivering Alpha 2024.
Persons: Andrew Ross Sorkin, David Faber CNBC's Andrew Ross Sorkin, David Faber
In this article SBUX Follow your favorite stocks CREATE FREE ACCOUNTPeople seen around the Starbucks coffee store in Shenzhen, China. Costfoto | Nurphoto | Getty ImagesThe formerly Nasdaq-listed Luckin Coffee ran into accounting issues and went through a de-listing. Starbucks has an express version of its coffee stores in China called Starbucks Now, where most patrons order drinks on the app for pick up. Competition from everywhereOn top of the Chinese coffee rivals, Starbucks is competing with a host of other local chains on tea. With more and more Chinese wanting a daily java fix, grab-and-go coffee is becoming widely available at tea chains and convenient marts.
Persons: Jakub Porzycki, Brian Niccol, Niccol, CNBC's Andrew Ross Sorkin, Price, Zhang Peng, Auntea Jenny, Mixue, Jenny, Tim Hortons Organizations: Nurphoto, Starbucks, Nasdaq, Shanghai Starbucks, Lightrocket, Getty, KFC Locations: Shenzhen, China, Shanghai, Cotti, Beijing, Luckin, Costa Coffee
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStarbucks CEO Brian Niccol: Most of the issues are very fixable and in our controlStarbucks CEO Brian Niccol joins CNBC's Andrew Ross Sorkin to discuss the appeal of coffee, putting guardrails around drink customization, the company's menu plan, how the challenges at Starbucks compare to what he faced at Chipotle, the brand's future in China, 2024 election, and more.
Persons: Brian Niccol, Andrew Ross Sorkin Locations: Chipotle, China
Starbucks CEO Brian Niccol: We're tracking down the sharpies
  + stars: | 2024-10-31 | 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 EmailStarbucks CEO Brian Niccol: We're tracking down the sharpiesStarbucks CEO Brian Niccol joins CNBC's Andrew Ross Sorkin to discuss the appeal of coffee, putting guardrails around drink customization, the company's menu plan, how the challenges at Starbucks compare to what he faced at Chipotle, the brand's future in China, 2024 election, and more.
Persons: Brian Niccol, Andrew Ross Sorkin Locations: Chipotle, China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStarbucks CEO Brian Niccol: We're evaluating strategic ways to grow in ChinaStarbucks CEO Brian Niccol joins CNBC's Andrew Ross Sorkin to discuss the appeal of coffee, putting guardrails around drink customization, the company's menu plan, how the challenges at Starbucks compare to what he faced at Chipotle, the brand's future in China, 2024 election, and more.
Persons: Brian Niccol, Andrew Ross Sorkin Organizations: China Starbucks Locations: China, Chipotle
Starbucks CEO Brian Niccol: Excited to get this turnaround going
  + stars: | 2024-10-31 | 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 EmailStarbucks CEO Brian Niccol: Excited to get this turnaround goingStarbucks CEO Brian Niccol joins CNBC's Andrew Ross Sorkin to discuss the company's turnaround strategy, the biggest low-hanging fruit to fix, the challenges around pricing, the company's relationship with baristas, return to office policy, and more.
Persons: Brian Niccol, Andrew Ross Sorkin, baristas
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStarbucks CEO Brian Niccol: We have a strong economic model despite challengesStarbucks CEO Brian Niccol joins CNBC's Andrew Ross Sorkin to discuss the challenges of mobile orders, his relationship with company founder Howard Schultz, and more.
Persons: Brian Niccol, Andrew Ross Sorkin, Howard Schultz
Billionaire hedge fund manager Paul Tudor Jones is raising alarms about the U.S. government's current fiscal deficit and the increased spending promised by both presidential candidates, saying the bond market may force the government's hand after the election in addressing it. "We are going to be broke really quickly unless we get serious about dealing with our spending issues," Jones told CNBC's Andrew Ross Sorkin on Tuesday. The founder and chief investment officer of Tudor Investment said he was worried that government spending could cause a big sell-off in the bond market, spiking interest rates. He said he plans to not own fixed income and will be betting against the longer-dated part of the bond market. Jones founded his hedge fund more than four decades ago and rose to prominence by correctly predicting the stock market crash of 1987.
Persons: Paul Tudor Jones, Jones, CNBC's Andrew Ross Sorkin, Donald Trump, Joe Biden, Trump, Kamala Harris Organizations: Tudor Investment, Treasury Department, Wall Street, Trump Locations: United States
The United Kingdom is pursuing investment from America's biggest banks and tech giants, as the country looks to infuse growth in its stagnant economy. "We now have a Labour government whose number one priority is wealth creation," U.K. Prime Minister Keir Starmer told CNBC's Andrew Ross Sorkin in an exclusive broadcast interview Thursday. "We are a Labour party that is proud to say we are pro business just as much as we are pro worker." In July, Starmer became the first leader from the center-left Labour party to win a U.K. national election since Tony Blair — ending 14 years of Conservative rule. This week, Blackstone committed to investing $13 billion to build a data center in the northeast of England.
Persons: Keir Starmer, CNBC's Andrew Ross Sorkin, Starmer, Tony Blair —, Brian Moynihan, Jane Fraser, Larry Fink, Brad Smith, Jonathan Gray, Blackstone Organizations: Labour, Conservative, United Nations General Assembly, Bank of America, Citi, BlackRock, Microsoft, Blackstone Locations: Kingdom, New York City, England, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC's Game Plan Summit highlights: Tom Cruise Olympics stunt & LA 2028CNBC's Andrew Ross Sorkin reports on the highlights from CNBC's Game Plan Summit.
Persons: Tom Cruise, Andrew Ross Sorkin
Karen Bass, Mayor of Los Angeles, waves the Olympic flag as Thomas Bach, President of International Olympic Committee, applauds during the Closing Ceremony of the Olympic Games Paris 2024 at Stade de France on August 11, 2024 in Paris, France. After a successful 2024 Olympics and Paralympics in Paris, the bar has been set high for the next summer Games in Los Angeles in 2028, something that key stakeholders in that event say the city will be ready for. LA 2028 President Casey Wasserman attended the Paris Games, an event that he told Ross Sorkin "reminded people why they fall in love with the Olympics," and one he said organizers will look to build upon in Los Angeles. Wasserman said Los Angeles got a glimpse of that with the Olympic Torch handover ceremony, when Tom Cruise scaled the Hollywood Sign and the Olympic Rings replaced the "OO"'s in the sign — which Wasserman noted was done with CGI. Actress Jessica Alba, who is on the Los Angeles 2028 board of directors, said the Games will present all different aspects of the city's culture, from Hollywood to fashion to food, as "a global platform to showcase what they got."
Persons: Karen Bass, Thomas Bach, Los Angeles Mayor Karen Bass, CNBC's Andrew Ross Sorkin, Bass, Casey Wasserman, Ross Sorkin, Wasserman, Tom Cruise, Jessica Alba, Alba Organizations: International Olympic Committee, applauds, Olympic Games, Stade de France, Los Angeles Mayor, CNBC, Paris Games, Los Angeles Games, Los, Olympic Rings, NBCUniversal, NBC Sports, NBC Olympics, NBC, Games Locations: Los Angeles, Paris, France, Angeles, Hollywood, U.S
However, after EzDubs went through the Y Combinator startup program last year, the company made a quick pivot, adding Microsoft's cloud into the mix. That's because EzDubs' founders learned of a partnership that enabled Y Combinator companies to receive $350,000 worth of credits on Microsoft Azure. The current offer includes $350,000 in AWS credits, plus $300,000 reserved for tapping the custom silicon, the spokesperson said. A spokesperson later said 58% of Y Combinator startups had taken up Microsoft's credit offer, a figure that doesn't reflect actual Azure usage. "Leading AI startups use OpenAI to power their AI solutions, therefore, making them Azure customers as well."
Persons: Amrutavarsh Kinagi, Kareem Nassar, Padmanabhan Krishnamurthy, EzDubs, Krishnamurthy, Y, Annie Pearl, it's, Satya Nadella, Sam Altman, Hayden, CNBC InKeep, OpenAI, Nick Gomez, InKeep's, InKeep, Gomez, CNBC's Andrew Ross Sorkin, Prady Modukuru, Modukuru, Anthropic, Daksh Gupta, Gupta, Nassar Organizations: Google, Microsoft, CNBC, Amazon, Services, Alchemist, AWS, Hayden Field, Sync Labs, Sync, OpenAI Locations: Palo Alto , California, OpenAI's, San Francisco
For the first time a luxury brand is an Olympic sponsor. And it's not just one brand, it's the empire of LVMH . LVMH's sponsorship deal took a year of negotiations and ultimately landed at about $160 million of investment from the parent company of brands like Celine, Louis Vuitton, Loewe, Tiffany, TAG Heuer and Dom Perignon. Housing the medals are trunks made by LVMH brand Louis Vuitton. It's to show the spirit, the spirit of our group and the spirit of the country," said Arnault.
Persons: Bernard Arnault, CNBC's Andrew Ross Sorkin, Celine, Louis Vuitton, Loewe, Tiffany, Dom Perignon, LVMH, Hennessy, LVMH's Berluti, It's Organizations: Olympic, Dior's, TAG Heuer, Olympic Games, Louis Locations: Paris
Global IT outage grounds planes and sends broadcasters off air
  + stars: | 2024-07-19 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGlobal IT outage grounds planes and sends broadcasters off airCNBC's Andrew Ross Sorkin and Becky Quick report on the latest news.
Persons: Andrew Ross Sorkin, Becky Quick
CNBC Daily Open: U.S. seeks Boeing guilty plea
  + stars: | 2024-07-01 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. On Friday, the S&P 500 and Nasdaq hit record highs before pulling back. Boeing 'guilty plea'U.S. prosecutors plan to seek a guilty plea from Boeing over a charge related to two fatal 737 Max crashes in 2018 and 2019, attorneys for the victims' family members said. [PRO] Rally will broadenThe tech sector has driven market performance in 2024, with the S&P 500 tech group up 28% and Nvidia soaring 149%, while small-caps have lagged.
Persons: Max, John Donahoe, Morgan Stanley, Stifel, Gregory Greene, Mary Daly, CNBC's Andrew Ross Sorkin, John Stoltzfus, Lisa Kailai Han Organizations: Dow Jones, Nasdaq, CNBC, Hezbollah, Boeing, U.S, The Justice, DOJ, Nike, Federal Reserve, San Francisco Fed, Nvidia Locations: Israel, Iran, Gox, Japanese
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAirbnb CEO on supporting OpenAI's Sam Altman: 'You learn a lot about people in a crisis'Airbnb CEO Brian Chesky sits down with CNBC's Andrew Ross Sorkin at the Aspen Ideas Festival to discuss his friendship with OpenAI's Sam Altman, Airbnb's AI developments, and more. NBCUniversal News Group is the media partner of the Aspen Ideas Festival.
Persons: OpenAI's Sam Altman, Brian Chesky, CNBC's Andrew Ross Sorkin Organizations: Aspen Ideas, NBCUniversal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAirbnb is still trying to work with the city of Barcelona despite the ban, says CEO Brian CheskyAirbnb CEO Brian Chesky sits down with CNBC's Andrew Ross Sorkin at the Aspen Ideas Festival to discuss summer travel, how the company addresses Barcelona's ban on Airbnbs, and more. NBCUniversal News Group is the media partner of the Aspen Ideas Festival.
Persons: Brian Chesky, CNBC's Andrew Ross Sorkin Organizations: Aspen Ideas, NBCUniversal Locations: Barcelona
CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Dow up, Nvidia sinksThe Dow Jones Industrial Average rose 260 points as investors rotated out of technology and into banking and energy stocks, such as Goldman Sachs and Chevron. He expressed concerns about potential criticism from former President Donald Trump if rate cuts occur before the election. "I suspect the market is probably more right than wrong when it says the rate cuts are likely to come after the election," he said. James Butterfill, head of research at CoinShares, attributes the sell-off to concerns over the number of rate cuts.
Persons: Dow, Goldman Sachs, David Rubenstein, Rubenstein, CNBC's Andrew Ross Sorkin, Donald Trump, Bitcoin, James Butterfill, Shein Organizations: CNBC, Nvidia, Dow Jones, Chevron, Nasdaq, Treasury, The Carlyle, Federal Reserve, Novo Nordisk Locations: Israel, Lebanon, Novo, North Carolina, Danish, London, U.S, Beijing, Singapore, China
Don't expect rate cuts from the Federal Reserve before the November election, according to David Rubenstein. "Generally the Fed wants to stay out of politics," the co-founder and co-chairman of The Carlyle Group told CNBC's Andrew Ross Sorkin on " Squawk Box " Monday. "I've always said that I think the Fed is not likely to cut rates before the election because it would just cause too much political turmoil." Rubenstein noted that the Fed likely recognizes it would be "heavily criticized" by former President Donald Trump if it starts cutting ahead of the election. "I suspect the market is probably more right than wrong when it says the rate cuts are likely to come after the election," he said.
Persons: David Rubenstein, CNBC's Andrew Ross Sorkin, I've, Rubenstein, Donald Trump, He's Organizations: Federal Reserve, The Carlyle Group, Traders, The Kennedy Center, Democrat
Ralph Lauren unveils Team USA Olympic uniforms
  + stars: | 2024-06-18 | 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 EmailRalph Lauren unveils Team USA Olympic uniformsCNBC's Andrew Ross Sorkin sits down with Ralph Lauren chief branding & innovation officer David Lauren to discuss the company's partnership with Team USA, how much the partnership has become part of Ralph Lauren's business vs. marketing for the brand, and more.
Persons: Ralph Lauren, Andrew Ross Sorkin, David Lauren, Ralph Lauren's Organizations: USA, Team USA
CNBC Daily Open: Mega money Musk
  + stars: | 2024-06-14 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
Traders work on the floor of the New York Stock Exchange in New York City, U.S., July 12, 2023. This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. The yield on the 10-year Treasury slipped after the producer price index unexpectedly fell. Reasonable debtJanet Yellen, U.S. Treasury Secretary, said the ballooning national debt that's currently at $34.7 trillion is manageable.
Persons: Elon, Judge Kathaleen McCormick, Janet Yellen, that's, Yellen, CNBC's Andrew Ross Sorkin, That's, Dow Jones, Donald Trump, Tim Cook, Jamie Dimon, BofA Organizations: New York Stock Exchange, CNBC, Dow, Nasdaq, Broadcom, Dow Jones, Musk, Treasury, Trump, Business, Capitol, Apple, JPMorgan Chase, Chipmaker Broadcom, Bank of America Locations: New York City, U.S, Delaware, Washington
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDonald Trump pitches 80 CEOs on tax cuts and regulation rollbacksCNBC's Andrew Ross Sorkin breaks down his discussions with CEOs who met with GOP presidential candidate Donald Trump in Washington, D.C. on Thursday.
Persons: Donald Trump, Andrew Ross Sorkin Organizations: GOP Locations: Washington ,
WASHINGTON — Former President Donald Trump failed to impress everyone in a room full of top CEOs Thursday at the Business Roundtable's quarterly meeting, multiple attendees told CNBC. "Trump doesn't know what he's talking about," said one CEO who was in the room, according to a person who heard the executive speaking. The CEO also said Trump did not explain how he planned to accomplish any of his policy proposals, that person said. "These were people who I think might have been actually predisposed to [Trump but] actually walked out of the room less predisposed" to him, Sorkin said. "President Trump was warmly received by everyone in the room and was commended for his policy proposals on deregulation and tax cuts," said Steven Cheung, communications director for the Trump presidential campaign.
Persons: WASHINGTON —, Donald Trump, Trump, CNBC's Andrew Ross Sorkin, Sorkin, Steven Cheung Organizations: WASHINGTON, Business, CNBC, Trump
CNBC Daily Open: Mega money Musk, Kitty's stake grows
  + stars: | 2024-06-14 | by ( Abid Ali | ) www.cnbc.com   time to read: +3 min
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Chipmaker Broadcom soared after it delivered better-than-expected second-quarter earnings and announced a 10-for-1 stock split. Mainland China's CSI 300 index fell 0.4%, while South Korea's Kospi rose 0.3%. Broadcom's shares soared 13% after reporting earnings that beat analyst expectations and announcing a 10-for-1 stock split.% after reporting earnings that beat analyst expectations and announcing a 10-for-1 stock split.
Persons: Elon, Musk, Janet Yellen, that's, Yellen, CNBC's Andrew Ross Sorkin, That's, Kitty, Keith Gill, Gill, Australia's, BofA Organizations: CNBC, Dow, Nasdaq, Broadcom, Dow Jones, Musk, Treasury, GameStop, Trade, Nikkei, Bank of Japan's, U.S, China's CSI, Chipmaker Broadcom, Bank of America Locations: U.S, Delaware, Japan, South
Treasury Secretary Janet Yellen on Thursday said the swelling national debt is manageable as long as it stays around where it is relative to the rest of the economy. In a CNBC interview, Yellen also noted that high interest rates are adding to the burden as the U.S. manages its massive $34.7 trillion debt load. "The way I look at it is that we should be looking at the real interest cost of the debt. The public share of the national debt as a share of GDP is running at about 97% but is expected to soon top 100% at current spending rates. "Americans are clearly very concerned about the cost of living, and dressing the high cost of living remains a top economic priority for the president," Yellen said at a luncheon with the Economic Club of New York.
Persons: Janet Yellen, Yellen, CNBC's Andrew Ross Sorkin, That's, Joe Biden's Organizations: CNBC, Congressional, Federal Reserve, Economic, of New Locations: U.S, of New York
Total: 25