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The CNBC Sport videocast brings you interviews with the biggest names in the business. In this week's episode, CNBC's Alex Sherman sits down with professional boxer Amanda Serrano and Most Valuable Promotions co-founder Nakisa Bidarian. They talk about how they knew Serrano's fight against Katie Taylor last week would far surpass Jake Paul's fight with Mike Tyson in terms of quality — and how they can make sure women's boxing stays in the limelight. Watch the full conversation above, and sign up to receive future editions of the CNBC Sport newsletter straight to your inbox.
Persons: CNBC's Alex Sherman, Amanda Serrano, Nakisa Bidarian, Katie Taylor, Jake Paul's, Mike Tyson Organizations: CNBC, videocast
AdvertisementNolan Church is a former Google recruiter who says you could be holding yourself back from a promotion. There could be a misalignment in how an employee thinks they're doing and how management thinks they're doing, most likely due to a lack of feedback. These things surface when it comes time for a promotion, but they're hard to fix when you're unaware it's a problem. Ask your manager what you need to work on to move on to the next level. Budget constraints or business challengesIf a business isn't doing well, promotions are most likely not happening or are occurring at a significantly decreased rate.
Persons: Nolan, they're, I've, you've, that's, I'm, doesn't Organizations: Nolan Church, Google Locations: Salt Lake City
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
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
Here are Wednesday's biggest calls on Wall Street: Loop reiterates Nvidia as buy The firm said it's standing by the stock heading into earnings on Wednesday. "We see more upside potential and are moving up our target price to $51 from $30. Pivotal reiterates Netflix as buy Pivotal raised its price target on Netflix to a Street high $1,100 from $925. Goldman Sachs reiterates Microsoft as buy Goldman said it's standing by the stock following the company's Ignite Conference in Chicago on Tuesday. Citi downgrades Target to neutral from buy The firm downgraded the stock following earnings on Wednesday morning and says it's losing share.
Persons: NVDA, hasn't, Bernstein, Robinhood, HOOD, Tyson, Paul, Apple, Goldman Sachs, Goldman, Piper Sandler, Piper, Morgan Stanley, it's, DELL, qtr, Guggenheim, Oppenheimer, JPMorgan Chase, Cava Organizations: Nvidia, Deutsche Bank, Gaming, Leisure Properties, Deutsche, Netflix, Bank of America, Walmart, Microsoft, Adobe, JPMorgan, Dell, of America, Underperform, Trump, Barclays, Newell Brands, Citi, Target, TGT, HSBC Locations: Chicago
Customer traffic gains were similar at the two stores, yet Walmart's sales trends looked much better than Target's. Walmart's traffic growth edged out its rival's, with a gain of 3.1% at Walmart U.S. versus 2.4% at Target. Walmart's e-commerce sales in the U.S. rose 22%, a bigger increase than the nearly 11% at Target. About 60% of Target's sales come from discretionary items, such as home goods and clothing. On a call with investors on Wednesday, Cornell pointed to "green shoots" in the business, even as sales results disappointed.
Persons: Brian Cornell, Walmart's, Michael Baker, Davidson, Baker, Paul Lejuez, Kate McShane, Goldman Sachs, Davidson's Baker, Cornell, Michael Lasser, We'll Organizations: Walmart, Walmart U.S, Target, D.A, Amazon, Costco, Citi Research, Deutsche Bank, HSBC Global Research, Citi, Cornell, UBS Locations: U.S, Minneapolis, America
Friday’s anticipated boxing match between former heavyweight champion Mike Tyson and YouTuber-turned-boxer Jake Paul will be remembered for more than its unique card. The bout shown on Netflix was the most streamed global sporting event ever with 65 million live concurrent streams and 108 million total live viewers around the world, according to a Netflix release. The Amanda Serrano and Katie Taylor fight before the Tyson-Paul match averaged 74 million live global viewers, the most watched professional women’s sporting event ever in the U.S. with 47 million viewers, the company said. Both Tyson and Paul made 10-figure paydays, according to Most Valuable Promotions co-founder Nakisa Bidarian, whose company promoted the fight. Serrano and Taylor received record pay for women’s boxing, he said.
Persons: Friday’s, Mike Tyson, YouTuber, Jake Paul, Amanda Serrano, Katie Taylor, Tyson, Paul, Nakisa Bidarian, Serrano, Taylor, Bela Bajaria, NBCUniversal’s Peacock Organizations: Netflix, Football Locations: U.S, Nevada
AdvertisementKatharine Kennedy, a global GM at Microsoft, took her baby with her to a work conference in May. In 2017, I got a global client director job at Microsoft, a company I'd always wanted to work for. In 2020, I left Microsoft to work at Salesforce, where I had my second child. AdvertisementWhen an important work conference came up shortly after I had my third child, I decided to take him with me to the event. AdvertisementBut when I brought my baby to the conference, I demonstrated how to harmonize personal and professional responsibilities.
Persons: Katharine Kennedy, Kennedy, I've, I'd, I'm Organizations: Microsoft, Big Tech, Business Locations: Florida, Salesforce, Las Vegas, ServiceNow, Vegas
AdvertisementAirbnb is planning to host gladiator fights in Rome's Colosseum. Some local lawmakers, meanwhile, aren't happy about Airbnb's event idea. Airbnb is attempting to kick off gladiator fights in Rome's historic Colosseum after 2,000 years, but local lawmakers in the Italian city are not impressed. The event is happening because of a $1.5 million tie-up between Airbnb and the Colosseum Archaeological Park, per CNN. However, some local lawmakers are not pleased.
Persons: Airbnb, Paul Mescal, Pedro Pascal, Denzel Washington, Tfilmvie, Lucius, Ridley Scott, Massimiliano Smeriglio, Smeriglio, Enzo Foschi, Foschi, Democratic Party of Rome didn't Organizations: CNN, Denzel, Airbnb, Democratic Party of Rome, Business Locations: candlelit, Airbnb, Rome, Barcelona, Spain, Portugal, Amsterdam
At the age of 58, 31 years his opponent’s senior and nearly two decades on from his last professional bout, Tyson was clearly a shadow of the heavyweight champion he used to be. “Jake had an ayahuasca session and envisioned this fight (against Tyson) happening,” he told CNN Sport after the fight. Everyone became intimately familiar with the Netflix loading screen after the massive viewership to watch the streaming platform’s first-ever live boxing bout crashed the server. Paul (left) and Tyson fight at AT&T Stadium in Arlington, Texas. Third was giving young boxers a platform.”Nakisa Bidarian (center) stands between Tyson and Paul ahead of last week's fight.
Persons: , Jake Paul, Mike Tyson, Nakisa, , Paul, YouTuber, Tyson, Bidarian, “ Jake, Jake Paul –, Alpha –, Al Bello, “ There’s, Mike Tyson’s, Roy Jones, ” Bidarian, Jake, ” Paul, Nate Robinson, Amanda Serrano, Ronda Rousey, Amanda, Brett Carlsen, Jutta Leerdam –, he’s, , Serrano, Katie Taylor, Taylor, ” Serrano, Sarah Stier, “ Amanda Serrano Organizations: CNN, T, CNN Sport, Netflix, NBA, Madison Square Garden Locations: Arlington , Texas, Las Vegas, Ronda, Texas
Friday's highly anticipated boxing match between former heavyweight champion Mike Tyson and YouTuber-turned-boxer Jake Paul will be remembered for more than its unique card. The bout shown on Netflix was the most-streamed global sporting event ever with 65 million live concurrent streams and 108 million total live viewers around the world, according to a Netflix release. The Amanda Serrano and Katie Taylor fight before the Tyson-Paul match averaged 74 million live global viewers, the most-watched professional women's sporting event ever in the U.S. with 47 million viewers, the company said. Both Tyson and Paul made 10-figure paydays, according to Most Valuable Promotions co-founder Nakisa Bidarian, whose company promoted the fight. Serrano and Taylor received record pay for women's boxing, he said.
Persons: Friday's, Mike Tyson, YouTuber, Jake Paul, Amanda Serrano, Katie Taylor, Tyson, Paul, Nakisa Bidarian, Serrano, Taylor, Bela Bajaria, NBCUniversal's Peacock, Peacock Organizations: Netflix, National Football League, Football, CNBC Locations: U.S, Nevada, NBCUniversal
AdvertisementBoth Walmart and Aldi have advertised some big discounts on Thanksgiving staples this year. It was tricky to find all the items I needed at both stores, though Walmart felt easier to navigate. Aldi had cheaper prices than Walmart across the board, but I didn't find everything I needed there. Both Aldi and Walmart have announced major deals for Thanksgiving this year. AdvertisementBoth retailers seemed to offer a lot of value, but I wanted to see which provided the better shopping experiences and prices as I prepare for Thanksgiving.
Organizations: Walmart, Aldi
“Some Black Friday deals are misleading as retailers may inflate original prices to make a deal look like a better value,” said consumer savings expert Andrea Woroch. This year, in particular, some of the deals are already as good as they are going to get. Retailers plan to deliver your holiday deals a little slower this year. Travelers can check out Travel Tuesday deals from 2023 to get an idea of what to expect this year. If an item costs less at another store or popular site, often the retailer will match the price, Woroch said.
Persons: , Andrea Woroch, Adam Davis, Patrick Kelleher, Lauren Beitelspacher, ” Beitelspacher, “ we’ve, ” Davis, Lululemon, , Woroch, ” Woroch Organizations: National, Wells, Wells Fargo Retail Finance, , Consumers, DHL Supply, North, CNBC, Retailers, Babson College, Nike, , Day, Labor, Walmart, Target, Black Locations: Wells Fargo, North America
A customer visits Macy's Herald Square store in New York City during early morning Black Friday sales, Nov. 24, 2023. Consumers are increasingly concerned that their online orders may not arrive in time for the holiday — and rightfully so. What discounts to expect on Black Friday"You are easily going to see 20% to 30% off," Davis said — but "not necessarily storewide." What not to buy on Black FridayTypically, Black Friday is a great time to find rock-bottom prices on fall clothing — including flannels, denim, coats and accessories — as well as televisions and consumer electronics. Travelers can check out Travel Tuesday deals from 2023 to get an idea of what to expect this year.
Persons: Kena Betancur, Patrick Kelleher, Lauren Beitelspacher, Beitelspacher, we've, Davis, Lululemon, Woroch Organizations: Macy's Herald, Consumers, DHL Supply, North, CNBC, Babson College, Nike, Day, Labor Locations: New York City, North America
Barnes & Noble is making a comeback
  + stars: | 2024-11-16 | by ( Erika Tulfo | ) edition.cnn.com   time to read: +6 min
In a move that’s perhaps more symbolic than business-minded, Barnes & Noble, America’s largest retail bookseller, has reclaimed the flagship store it vacated in 2013. But Barnes & Noble would revamp its business model. “The problem with Barnes & Noble when I took it over was that the bookstores themselves weren’t very good,” Daunt told CNN. Foot traffic data for Barnes & Noble show that visits are up by 7% since 2019, according to location analytics company Placer.ai. Shannon DeVito, head of books at Barnes & Noble, says that beyond reigniting a love for reading, the BookTok trend has guided stores on what to stock.
Persons: Barnes, Noble, It’s, James Daunt, , Barnes & Noble, ” Daunt, , , we’d, influencers, Shannon DeVito, Kendra Keeter, Gray, it’s, Gray Barnes, ” DeVito, “ It’s, Harry Potter, we’ve, DeVito Organizations: CNN, Sales, Barnes &, Barnes, Amazon, Amazon Books, Kendra Locations: Washington, DC, Georgetown, Washington , DC, , Barnes
For the second time, Taylor defeated Serrano via a decision that left more fans questioning the scorecards than praising Taylor’s skills. “She kept head butting me, but we knew that from the very beginning from the first fight,” Serrano said in the ring. Serrano kept Taylor circling on her back foot through the first five rounds as the bout turned into a streetfight — exactly what Serrano wanted. Taylor won the initial bout two years ago by weathering a surge from Serrano in its middle stages. This time, Serrano left no room for Taylor to come back.
Persons: Katie Taylor, Amanda Serrano superfight, Taylor, Serrano, Jake Paul, Mike Tyson, , ” Serrano, Chantelle Cameron, Jordan Maldonado, Maldonado, Ariel Helwani, that’s, Erika Cruz, Christian Petersen Organizations: Netflix, T, Dallas Cowboys, Paul’s, WBA, Getty Locations: Arlington , Texas, Serrano
Major tech companies have cracked down on fully remote work, including Amazon, Google, and Meta. Get into the office and soak up the knowledge within its walls, Google's former CEO says. Studies have also suggested that being fully remote decreases workers' productivity. Companies, including Amazon, JPMorgan, and Goldman Sachs, have ditched their remote work policies for full return-to-office mandates, with some even threatening to track performance or terminate those who don't comply. However, Google assured workers in October that it would not follow Amazon's expectations for staff to come into the office five days a week.
Persons: Eric Schmidt, Schmidt, , unravels ChatGPT, Goldman Sachs, Mark Zuckerberg, Sam Altman, Eric misspoke Organizations: Amazon, Google, Service, Technologies, Street, Stanford's Institute for Economic Policy Research, Companies, JPMorgan, Meta, Fortune, Stanford University
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPaul vs Tyson breaks record for biggest boxing gate outside of Las VegasNakisa Bidarian, founder of BAVAFA Sports and co-founder of Most Valuable Promotions, joins CNBC's 'Closing Bell Overtime' to discuss the Jake Paul vs Mike Tyson fight, the stakes of the fight for Netflix and streaming, and more.
Persons: Paul, Tyson, Bidarian, Jake Paul, Mike Tyson Organizations: BAVAFA Sports, Netflix Locations: Las Vegas
(L-R) Mike Tyson, Nakisa Bidarian and Jake Paul pose onstage during the Jake Paul vs. Mike Tyson Boxing match press conference at Texas Live! The highly anticipated boxing match between Jake Paul and Mike Tyson has already secured its place in the record books. That makes it the biggest boxing gate in history outside of Nevada. The fight between Paul, a 27-year-old YouTube influencer-turned-boxer and Tyson, a 58-year-old boxing legend, will air Friday at 8 p.m. … This is a statement that we had the biggest live gate outside of Vegas in U.S. boxing history."
Persons: Mike Tyson, Nakisa Bidarian, Jake Paul, Paul, Canelo Álvarez, Billy Joe Saunders, Conor McGregor, Eddie Alvarez, Tyson, Katie Taylor, Amanda Serrano, Floyd Mayweather Jr, Manny Pacquiao Organizations: Mike Tyson Boxing, Texas, CNBC, T, The Dallas Cowboys, AT, Las Vegas UFC, YouTube, Netflix, Las Vegas Locations: Arlington , Texas, Nevada, New York City, Vegas, U.S
Burgers at McDonald's could soon involve fewer greenhouse gas emissions thanks to a new cattle feed. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. McDonald's is working with seed company Syngenta and Lopez Foods, one of McDonald's meat suppliers, to feed cattle Syngenta's Enogen corn, the companies said in a statement on Thursday. Related Video How McDonald's is using data and its loyalty program to make new promotions like the adult Happy MealThat easy digestibility could mean fewer greenhouse gases, which contribute to global warming. McDonald's global sales were down during the company's third quarter as many consumers saved money by eating at home.
Persons: chow, Syngenta, Lopez, Enogen, McDonald's, It's, McDonald's Kendra Levine Organizations: Service, Mac, Lopez Foods, Environmental Protection Agency, Sustainability, McDonald's Locations: McDonald's
However, the post-election environment is hitting different this time around for many small business owners, such as Barrel-Art’s Michael Prieto, and leaving them wondering what comes next. For business owners who already were unsettled about the economy or its direction prior to the election, navigating the months and years ahead could be even more precarious, he added. Running leaner, hoping for cheaper moneyIn the months leading up to the election, Prieto was taking a wait-and-see approach. Michael Prieto, owner of Barrel-Art, in his shop in Newport News, VA, on November 13. Michael M. Santiago/Getty ImagesSmall business owners, by their nature, are optimistic, he said.
Persons: Michael Prieto, Donald Trump, John Arensmeyer, they’ve, ” Arensmeyer, , , Art’s Prieto, Prieto, America ”, “ It’s, he’d, We’ve, Arensmeyer, Michael M, I’ve, Clifton Broumand, Janna Rodriguez, Rodriguez, she’d, can’t, JD Opel, he’s, ” Opel, ” JD Opel, — Opel, “ I’ve, Trump, Jeff Wood’s, ” Wood, we’ve, it’s, Marc Marcuse, Marcuse Organizations: CNN, Small, Economic, Shipping, Port, Getty, Machine, Corp, Opel, Reel Management, Management’s, Republican, White Locations: America, Newport News, Newark, New Jersey, China, Maryland, Freeport , New York, Evansville , Indiana, Jeff Wood’s Coldwater, Florida , Georgia, Utah, Pennsylvania, Los Angeles, Florida
Boxing Hall of Famer Mike Tyson is coming out of retirement to fight YouTuber-turned-boxer Jake Paul. AdvertisementMike Tyson will fight Jake Paul in Netflix's first-ever professional sports livestream on Friday. Jake Paul made a deal with Netflix and then got Mike Tyson involvedMike Tyson will come out of retirement to face Jake Paul. Advertisement"The old generation of boxing with the new generation of boxing all being mixed into one," Jake Paul said. "I'm here to make $40 million and knock out a legend," Jake Paul said at a press conference in August.
Persons: of Famer Mike Tyson, YouTuber, Jake Paul, , Mike Tyson, Tyson, Jake Paul's, YouTube Jake Paul, Cooper Neill, Logan Paul, Paul, Joe Weller, Deji, KSI, Talksport, influencers, Tommy Fury, Floyd Mayweather Jr, Nakisa Bidarian, Mike Angel, Netflix Tyson, Roy Jones Jr, Nate Robinson, Jimmy Kimmel, Gabe Spitzer, Mike, Netflix's livestream, Tyson's, Katie Taylor, Amanda Serrano Organizations: of Famer, Netflix, Service, The New York Times, WWE, NFL, Boxing Hall of Famer, YouTube, UFC, Boxing, ESPN, T, USA, Texas Department Locations: Netflix's, KSI, British, Arlington , Texas
On Friday, Paul steps into the ring for perhaps his most high-profile fight to date against former heavyweight champion Mike Tyson. Mike Tyson, I thought that was a cute slap, buddy, but tomorrow you’re getting knocked the f*ck out. After the postponement of their initial fight in July, Paul went on to defeat bare-knuckle boxing champion Mike Perry with a sixth round TKO. Mike Tyson and Jake Paul will contest their professional boxing bout on November 15. “Then, I’d retire after that.”After winning a boxing world championship, Paul plans to take his talents to mixed martial arts.
Persons: CNN —, Jake Paul, Paul, Mike Tyson, , ” Paul, Mike, Tyson, Eddie Hearn, ” Hearn, Hearn, Canelo Álvarez, Oleksandr Usyk, Dmitry Bivol, Katie Taylor, Anthony Joshua, ” Joshua, Jonathan Ross, YouTuber, ” Tyson, Michael Loccisano, Michael Spinks, Larry Holmes, Clifford Etienne, Roy Jones Jr, “ I’m, He’s, I’m, Ariel Helwani, you’re, , they’re, Logan ., , Jake Paul ’ –, YouTuber Ali Eson Gib, Nate Robinson, Tyron Woodley, Anderson Silva, Nate Diaz, Tommy Fury, Tyson Fury, Fury, Diaz, Andre August, Ryan Borland, Mike Perry, Nakisa Bidarian, Amanda Serrano, Taylor, Ed Mulholland, Serrano, Bidarian, ” Bidarian, I’d Organizations: CNN, Disney, T, Paul, Dallas Cowboys, UFC, Irish, Getty, , MMA Locations: Arlington , Texas, British, Puerto Rican
AdvertisementA Philadelphia judge has explained why he didn't shut down Musk's $1 million-a-day sweepstakes. The decision would help Musk and his America PAC move for outright dismissal of the lawsuit. Elon Musk's controversial $1 million-a-day swing state sweepstakes was never a lottery, a Philadelphia judge said in a written decision explaining why he declined to shut the program down after a hearing last Monday. Lotteries require a prize, a payment for a chance to win that prize, and for winners to be chosen at random, the judge said. Representatives for Krasner, Musk, and the PAC did not immediately respond to requests for comment on the judge's decision and next steps in the case.
Persons: Musk, Elon Musk's, Larry Krasner, Judge Angelo Foglietta, credibly, Donald Trump's, Krasner Organizations: America PAC, Philadelphia, PAC, Pleas, Department of Justice, Musk's Locations: Philadelphia, Philadelphia County, Philadelphia's, Texas, Arizona
HONG KONG — Businesses and consumers in China found the annual Singles’ Day shopping festival less attractive this year due to a sluggish economy, forcing e-commerce firms to look abroad for growth. While Singles’ Day was previously a one-day event, shopping platforms in China now kickstart the festival weeks ahead to drum up sales volume. But amid China’s lagging domestic economy, dragged down by a real estate crisis and deflationary pressures, consumers no longer go all out during the shopping extravaganza. Wang said that the prices offered on e-commerce platforms during Singles’ Day are not necessarily cheaper than usual. “I used to buy a lot two or three years ago and I even purchased a mobile phone (during Singles’ Day),” he said.
Persons: Alibaba, , , , Wang Haihua, Wang, we’ve, Zhang Jiewei, ” Zhang, Shaun Rein, ” Rein, Gucci, Jacob Cooke, ” Cooke Organizations: HONG KONG —, China Market Research Group Locations: HONG KONG, China, Singapore, Hong Kong, Beijing, Xi’an, Shanghai,
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