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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChipmaker Infineon's CFO says he is very much looking forward to political stability in GermanyInfineon Chief Financial Officer Sven Schneider on how geopolitics is impacting the business.
Persons: Sven Schneider Organizations: Germany Infineon Locations: Germany
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInfineon seeing very pronounced inventory management on behalf of customers, CFO saysSven Schneider, chief financial officer at Infineon, discusses the outlook for the company's next fiscal quarter and year.
Persons: Sven Schneider Organizations: Infineon
Grace saw an article about old cabins from Disney's Fort Wilderness up for sale on Facebook Marketplace. Grace and Jacob KocherWhen Grace saw the listing for a one-bedroom, one-bathroom, 500-square-feet cabin selling for $49,900, she immediately sent it to her dad. Like Grace, Jacob had also stayed in cabins throughout his childhood. Grace and Jacob saw tiny homes selling for over $100,000 and were determined to keep the cost under $125,000 with financing options. Grace and Jacob KocherGrace and Jacob signed the bill of sale in April and paid $53,375, including tax, for the cabin.
Persons: Grace, Jacob Kocher, Jacob, Jacobs, Jacob Kocher Grace, We've, Disney Organizations: CNBC, Facebook, Walt Disney World, Disney Locations: Florida, Disney's Fort, Magic, Fort
CNN —Furniture giant IKEA has agreed to pay 6 million euros ($6.5 million) towards a government fund compensating victims of forced labor under Germany’s communist dictatorship, in a move campaigners hope will pressure other companies to follow. Political as well as criminal prisoners in Germany during the Cold War era were forced to build flatpack furniture for IKEA. IKEA representatives at the time were likely aware that political prisoners were being used to supplement labor, the report found. Sven Hoppe/picture-alliance/dpa/AP“After it became known that the company was involved in forced prison labor, IKEA accepted our invitation to talk. According to UOGK, IKEA is one of many companies that benefitted from forced prison labor in communist Germany.
Persons: Ernst, Young, Andreas Hampel, East Germany’s, Walter Kadner, , , Dieter Dombrowski, UOGK, Sven Hoppe, ” Dombrowski, Rainer Wagner, Evelyn Zupke Organizations: CNN, IKEA, German Democratic, Getty, Union of Victims ’, of Communist, IKEA Germany Locations: Germany, East Germany, Soviet Union, German Democratic Republic, Rothensee, IKEA Germany, GDR, Eching, Bavaria
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRemain bullish as long as liquidity keeps flowing in, says The NorthmanTrader's Sven HenrichSven Henrich, The NorthmanTrader, joins 'Fast Money' to talk the possibility of a year-end rally.
Persons: Sven Henrich Sven Henrich
The three people who lost their lives in Alaska are just a few of those who have died on trips to see the world’s fast-disappearing glaciers. But there’s also another motivation increasingly present — the desire to see the glaciers before they disappear. In Alaska, Sheldon used to be able to find a good area for ice climbing for the whole summer. Many are convinced danger is manageable, he told CNN, but “if you’re honest about it, that might often be a rather naive understanding.”As well the safety issues glaciers pose tourists, tourists are also a huge risk to the glaciers themselves. As the glaciers shift, so too will glacier tourism, something that’s starkly clear to Sheldon.
Persons: Zach Sheldon, Sheldon, Byron, Colin D ., there’s, It’s, Jackie Dawson, , Hrafn Sigurjonsson, Sven, Erik Arndt, Arterra, Dawson, Matthias Huss, Huss, , Passo Sella, Emmanuele, Stefan Gössling, ” Gössling, what’s Organizations: CNN, Alaska Guide Company, Austrian, University of Ottawa, Association of, Association of Iceland Mountain Guides, Companies, Worthington, ETH Zürich, Linnaeus University Locations: Alaska, Valdez Lake, Portage, Chugach, Forest , Alaska, Association of Iceland, American, Iceland, An American, Valdez, Italy, Swiss, Passo, Val Gardena, Sweden, New York, Anchorage
Read previewThousands upon thousands of people descended on Apple stores around the world on Friday morning to get their hands on the new iPhone 16. Saul Campos, who said he also purchases a new iPhone each year, got the new iPhone for the same reason. AdvertisementCruz writes for a tech publication, but said that she wasn't at the Apple store as a member of the media. Related storiesFilm director RD Alba, who shoots with iPhones, says the changes in the iPhone 16 might seem relatively minor but "Apple Intelligence will go a long way." One new iPhone 16 owner, Sven Korać, marks a return to the iPhone with his purchase.
Persons: , they're, Saul Campos, Analie Cruz, Cruz, I've, RD Alba, iPhones, Alba, Tim Cook, Cook, Jimmy Fallon, Sven Korać, Korać, Tim Organizations: Service, Apple, Apple's, Business, Apple Intelligence, Huawei Locations: New York, Croatia
CNN —The Champions League returned on Tuesday with a bang. Bayern beat Dinamo Zagreb of Croatia 9-2 at Allianz Arena, becoming the first team in Champions League history to score nine goals in a single match. “What were my chances of setting foot even in the Premier League, playing in the Premier League, winning something as a player, playing for the national team? Kylian Mbappé opened his Champions League account for Real, scoring just after half-time before Deniz Undav equalized for the German side. It was the first game in Champions League history to feature five US players, per Goal.com.
Persons: Vincent Kompany, Striker Harry Kane, Michael Olise, Frenchman, Thierry Henry, Raphaël Guerreiro, Leroy Sané, Leon Goretzka, Daniel Kopatsch, Kompany –, Premier League –, , ” Kompany, “ I’m, , Frank Hoermann, SVEN SIMON, Kylian Mbappé, Deniz Undav, Antonio Rüdiger, Endrick’s, Raúl, Carlo Ancelotti, ” Ancelotti, “ Endrick, Endrick, Thomas Coex, Weston McKennie, McKennie, Tim Weah, Malik Tillman, Richard Ledezma, Ricardo Pepi, Christian Pulisic, Pulisic’s, Ibrahima Konaté, Virgil van Dijk, Dominik Szoboszlai, Zeno Debast, Viktor Gyökeres ’, Angel Gomes, Debast’s, Gualter Fatia Organizations: CNN, Champions League, European soccer’s, Bayern Munich, Bundesliga, Bayern, Dinamo Zagreb, Allianz Arena, UEFA, Anorthosis Famagusta, League, Borussia Dortmund’s, Legia Warsaw, English, Burnley, Premier League, Real, Real Madrid, Blancos, Stuttgart, Getty, American, Juventus ’, PSV Eindhoven, Juventus, PSV, AC Milan, Liverpool, San, Sporting CP’s, Lille, Sporting, Sporting CP, PSV Eindhoven Young Boys, Aston Villa Bayern Munich, Dinamo Zagreb AC Milan, Liverpool Real Madrid, VfB Stuttgart Sporting CP Locations: European, Croatia, Brussels, Congo, Belgium, Madrid, AFP, San Siro, Milan, Lisbon, Lille, Debast
This picture taken on July 29, shows the Seine River in Paris, France. Sven Hoppe/picture alliance/Getty ImagesThe women’s and men’s Olympic triathlons will go ahead on Wednesday in the French capital, Paris 2024 organizers and World Triathlon announced. Poor water quality levels in the River Seine had led to the cancellation of numerous training swims and forced the postponement of the men’s triathlon, which was scheduled for Tuesday. About $1.5 billion (1.4 billion Euros) was spent trying to clean up the river ahead of the Games. Paris Mayor Anne Hidalgo swam in the river earlier this month to display her confidence in the river’s water quality.
Persons: Sven Hoppe, , Paris Mayor Anne Hidalgo Organizations: Triathlon, Games, Paris Mayor Locations: Paris, France, Seine
Sven Hoppe/dpa/picture alliance/Getty ImagesThe men’s individual triathlon race at the Paris 2024 Olympic Games has been postponed to Wednesday due to poor water quality levels in the River Seine, World Triathlon has announced. Originally scheduled for Tuesday, the World Triathlon, its medical team, the International Olympic Committee, and city officials decided to postpone the men’s race. “Paris 2024 and World Triathlon reiterate that their priority is the health of the athletes. The tests carried out in Seine today revealed water quality levels that did not provide sufficient guarantees to allow the event to be held,” the sport’s governing body said. If the water levels don’t improve by Wednesday, the original contingency date remains in place for Friday, August 2.
Persons: Sven Hoppe, Organizations: Paris, International Olympic Committee, Olympic, Training Locations: Paris, France, Seine
Read previewMirna Valerio is well aware that she doesn't look like a stereotypical runner. That hasn't stopped the founder of the "Fat Girl Running" blog from running 11 marathons and 16 ultramarathons. Valerio, 48, started running in high school as part of field hockey training. Valerio running a six-day ultramarathon with lululemon's "Further" campaign. Sven BrunsoForget what you think running should look likeValerio said it doesn't matter what you look like, "athletics is for everyone."
Persons: , hasn't, Valerio, Sven Brunso, she'd, Valeria Organizations: Service, Business, Nielsen, World Athletics Locations: Tiktok
The Tony recognizes Groff’s empathetic portrayal of Franklin Shepard, a Juilliard-trained composer who jettisons his youthful idealism, his stage career and his co-writer to become a successful film producer. Groff uses his considerable charm to give the character, who can seem like a sellout, more depth, and in the process has helped make the musical, which was a notorious flop in 1981, into a huge hit this time around. (Another key factor: One of Groff’s co-stars is Daniel Radcliffe, of “Harry Potter” fame.) Groff’s performance, which is the scaffolding on which the production is constructed, was widely praised by critics. Jesse Green, writing in The New York Times, described Groff as “thrillingly fierce,” and said “Groff, always a compelling actor, here steps up to an unmissable one.” And Charles McNulty, writing in The Los Angeles Times, said, “The key to making this work — which is to say making us care — is the performance of Groff, who humanizes Frank’s choices without sentimentalizing his arc.”
Persons: Jonathan Groff, Tony, Sven, Disney’s, , King George, Franklin Shepard, Groff, Groff’s, Daniel Radcliffe, Harry Potter ”, Jesse Green, , “ Groff, Charles McNulty Organizations: Broadway, Juilliard, New York Times, Los Angeles Times Locations: “ Hamilton
Windborne uses a new type of weather balloon, for example. Windborne's balloons can fly for weeks, as opposed to today's government-launched weather balloons which stay aloft for just a few hours and can't reach remote locations. The world currently lacks weather data for 85% of the atmosphere, according to the World Meteorological Organization (WMO). Windborne just closed a $15 million round with lead investor Khosla Ventures. In addition to Khosla Ventures, Windborne is backed by Footwork VC, Pear VC, Convective Capital, Ubiquity Ventures and Susa Ventures.
Persons: John Dean, Dean, Sven Strohband, Windborne Organizations: National Oceanic, Atmospheric Administration, Investors, Google, World Meteorological Organization, Khosla Ventures, Weather Company, Economic, Windborne, Susa Ventures Locations: California, Susa
I'm from Athens, Greece, and I travel around the islands all the time staying at luxury resorts. Some of my favorite spots in Crete are Stella Island Resort and ACRO Suites. And if you're looking for luxury, I've found some of the best resorts in the country. One&Only Aesthesis Resort, AthensOne&Only is a global brand, but the chain's first luxury resort in Greece is located in Glyfada, right by the sea. AdvertisementStella Island Resort, Heraklion, CreteStella Island is an adults-only resort that's great for solo women, couples, or honeymooners.
Persons: Sani, , I've, Mari, Cavo, Fani Mari, Halkidiki Sani, Milos Cove, Milos, Milos —, Aphrodite, Porto, Sven Hansche Organizations: Service, Delta Air Lines, UNESCO, Cavo, Porto Heli Porto Heli, Porto Cheli Locations: Athens, Greece, Crete, Stella, Mystras, Mykonos, Glyfada, Kea, Antiparos, Heraklion, Crete Stella, Maldives, Agia Pelagia, Kiev.Victor, Zakynthos, Peloponnese, UNESCO, Spetses
Infineon: Lowered our expectations due to challenges
  + stars: | 2024-05-07 | 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 EmailInfineon: Lowered our expectations due to challengesSven Schneider, the CFO of Infineon, refers to prolonged demand weakness in key markets as reason for lowered expectations.
Persons: Sven Schneider Organizations: Infineon
AdvertisementTake a spin around the internet, and it's clear that I'm not the only one with some questions about framing. For preservation purposes, framers will suggest acid-free, lignin-free materials so the art won't get damaged, which adds to the cost. "Glass is incredibly expensive, and part of it is because it's made specifically for picture framing. The day after I spoke with a manager at a midsize framing shop in Brooklyn, I followed up to ask about general price ranges on moldings and mats. How much did the thing you want to frame cost?
Persons: I'd, I've, Big, Hope Dye, they've, Dye, Sven Olsen, Michaels, Kevin Ivester, it's, wouldn't, Ivester, what's, They're, they're, Olsen, Framebridge, that's, Julia Lovett, Lovett, Austin, you've, Julia Mack, Emily Stewart Organizations: Studios, Michaels, Business Locations: Chicago, Mexico, Austin, Brooklyn
CNN —Former England manager Sven-Göran Eriksson will be part of the Liverpool FC Legends management team for a charity soccer match, the club announced in a statement on Tuesday. Eriksson, who publicly revealed his terminal cancer diagnosis last month, will be on the sidelines alongside Liverpool greats Ian Rush, John Barnes and John Aldridge against an Ajax Legends team. The annual LFC Foundation charity match will be held at Anfield on March 23. Following the news of Eriksson’s diagnosis, Liverpool manager Jürgen Klopp invited the Swede to Anfield after the former England boss said he would never be able to fulfil his dream of managing Liverpool following his terminal cancer diagnosis. According to Liverpool, all proceeds from next month’s charity match will support the work of the club’s foundation and its charity partners.
Persons: Sven, Göran Eriksson, Eriksson, Ian Rush, John Barnes, John Aldridge, , , Jürgen Klopp, Swede, “ You’re, ” Klopp, “ That’s, ” Eriksson, David Beckham, Wayne Rooney, Steven Gerrard, Frank Lampard, Rio Ferdinand Organizations: CNN, Liverpool FC Legends, Liverpool, Ajax Legends, LFC Foundation, Anfield, Sky, Sky Sports, English, Portugal Locations: Anfield, England, Swedish, Liverpool, Rio, China, Mexico, Philippines
HALLE, Belgium (AP) — Farmers blocked more traffic arteries across Belgium, France and Italy on Wednesday, as they sought to disrupt trade at major ports and other economic lifelines. They also moved closer to Brussels on the eve of a major European Union summit, in a continued push for better prices for their produce and less bureaucracy in their work. I think we are addressing two very important (concerns) of them right now,” European Commission Vice President Maroš Šefčovič said. A climax in Belgium is set for Thursday, when farmers plan to protest outside EU headquarters during a summit of government leaders. Despite the widespread inconveniences, governments in the EU are treating protests, which have been mostly peaceful, with extreme caution.
Persons: Maroš Šefčovič, Sven Pieters, Gérald Darmanin, , Alexander De Croo, De Croo, Emmanuel Macron, ___ Sylvie Corbet, Ciaran Giles Organizations: HALLE, — Farmers, European Commission, EU, Protesters, South Locations: Belgium, France, Italy, Brussels, Ukraine, , Berlin, Paris, Rome, Flanders, Zeebrugge, Creteil, “ Paris, , Chile, New Zealand, Belgian, Madrid
Public companies must abide by strict rules when granting stock options to their top executives, including pricing them where the company’s shares are trading on the day they are granted and disclosing them swiftly. Private companies planning to go public face some of the same requirements, but have more leeway in pricing their stock options — since there is no publicly traded price — and more time to disclose them. That discrepancy has prompted dozens of private companies to give their top managers low-priced options in the weeks leading up to their initial public offering — when they can often accurately predict where their shares are likely to trade, but before public company regulations about options pricing kick in, according to a new research paper by Sven Riethmueller, a professor at Yale Law School. “They just slide in these equity grants at the last minute,” said Mr. Riethmueller, referring to the options. He called the practice “11th-hour options discounting.”
Persons: Sven Riethmueller, Organizations: Yale Law School,
CNN —Liverpool manager Jürgen Klopp has invited Sven-Göran Eriksson to Anfield after the former England boss said he would never be able to fulfil his dream of managing Liverpool following his terminal cancer diagnosis. “You’re invited from the bottom of all our hearts to come here,” Klopp told Sky Sports. During his career, Eriksson managed several club sides including Manchester City, Lazio and Roma, but never Liverpool. Liverpool manager Jürgen Klopp invited Eriksson to Anfield. Alex Dodd/CameraSport/Getty Images“My father is still alive and he’s still a Liverpool supporter and I’m a Liverpool supporter as well, I’ve always been,” he said in an interview with Sky.
Persons: Jürgen Klopp, Sven, Göran Eriksson, “ You’re, ” Klopp, “ That’s, ” Eriksson, Eriksson, Alex Dodd, I’m, I’ve, , David Beckham, Wayne Rooney, Steven Gerrard, Frank Lampard, Rio Ferdinand, Swede, Eriksson – Organizations: CNN, Liverpool, Anfield, Sky Sports, Manchester City, Roma, Sky, English, Portugal Locations: England, Lazio, Liverpool, China, Mexico, Philippines
CNN —Former England manager Sven-Göran Eriksson has publicly revealed he has terminal cancer and has “about a year” to live, the 75-year-old told Swedish radio station P1 on Thursday. Former England captain Rooney posted his support for his former coach on Thursday. We’re all with you Sven, keep fighting,” Rooney posted on X, formerly known as Twitter. It was Eriksson who handed Rooney his England debut in 2003 against Australia when the then Everton forward was only 17. Manchester City posted its well-wishes to its former manager.
Persons: Sven, Göran Eriksson, Eriksson, , , David Beckham, Wayne Rooney, Steven Gerrard, Frank Lampard, Rio Ferdinand, Swede, Eriksson –, Rooney, Sven Goran, ” Rooney Organizations: CNN, Swedish, Reuters, BBC, England national, English, Portugal, England, , Everton, Lazio, Manchester City Locations: Australia, Italy, England, China, Mexico, Philippines, Manchester
Barcelona is a decade into transforming many of its streets into green, car-light public spaces. Earlier this year, the city announced yet another major expansion of the project, with a goal of making a third of city streets green by 2030. And as Americans experience an epidemic of loneliness, a built environment that fosters social connection might be crucial for public health. Making a neighborhood more attractive with more walkable, green streets could mean triggering or speeding up gentrification. More walkable communities with high-quality public spaces are much more expensive to live in, indicating high demand.
Persons: , Sven Eggimann, Tayana Panova, Jonathan Cohn, who's, Eggimann, pyi2lKhNzc, Billy Fields Organizations: Service, ZHAW School of Architecture, Residents, Urban, Smart Growth Locations: Barcelona, Spanish, Switzerland, New York City, Barcelona's, Vitoria, Europe, Valencia, Manhattan, Francisco, Superblocks
Jack Guez | Afp | Getty ImagesAfter a weekend of crisis and tumult, Sam Altman has returned as the CEO of OpenAI. Nathan Laine | Bloomberg | Getty ImagesBret Taylor, board chair Bret Taylor is currently a board member at the e-commerce platform Shopify . It isn't clear if Taylor's involvement with his own AI startup will cease with his appointment to lead OpenAI's board. OpenAI's board fired Altman Friday after determining he was "not consistently candid in his communications," but its members never elaborated further. Jack Guez | AFP | Getty ImagesIlya Sutskever Ilya Sutskever co-founded OpenAI and serves as its chief scientist.
Persons: Sam Altman, Ilya Sutskever, Jack Guez, Altman, There's, Satya Nadella, Nadella, Here's, Bret Taylor, Nathan Laine, He's, Elon, Taylor, Salesforce, Larry Summers, David A, CNBC Larry Summers Larry Summers, Clinton, Summers, Jack Dorsey, Adam D'Angelo Adam D'Angelo, D'Angelo, Helen Toner, CSET, Vox, Jerod Harris, Helen Toner Helen Toner, Toner, Tasha McCauley, Carlton Laguna Nigel, Tasha McCauley Tasha McCauley, Joseph Gordon, Levitt, McCauley, Ilya Sutskever Ilya Sutskever, Sutskever, Greg Brockman, Brockman, Brockman's, Sven Hoppe Organizations: Tel Aviv University, Afp, Getty, Microsoft, CNBC, Sequoia, Tiger Global, Salesforce, Viva Technology Conference, Bloomberg, Google, Economic, Grogan, Harvard University, Obama, Economic Council, Twitter, Meta, Facebook, The Ritz, Carlton, Georgetown University's Center for Security, Emerging Technology, Philanthropy, Business Development, Ritz, Rand Corporation, GeoSim Systems, AFP, University of Toronto, Stanford, Technical University of Munich Locations: Tel Aviv, Paris, Davos, Switzerland, Washington, Laguna Niguel, Dana Point , California, Russian Israeli, Canadian
FILE PHOTO: A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo/File Photo Acquire Licensing RightsBERLIN, Nov 22 (Reuters) - The negative court ruling on German finances last week could cost Intel billions of euros in subsidies for planned chip-making plants in the state of Saxony-Anhalt, the state economy minister was quoted as saying by magazine WirtschaftsWoche. Berlin had agreed subsidies worth nearly 10 billion euros with the U.S. chipmaker, a person familiar with the matter had told Reuters when Intel announced its plans. "When Germany cannot afford such future projects like Intel anymore, then the economic damage will be enormous and the image damage gigantic," Sven Schulze, economy minister of Saxony-Anhalt was quoted as saying. Reporting by Matthias Williams; Writing by Sarah Marsh; Editing by Madeline ChambersOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Sven Schulze, Matthias Williams, Sarah Marsh, Madeline Chambers Organizations: REUTERS, Rights, U.S, Reuters, Intel, Thomson Locations: Saxony, Anhalt, Berlin, Germany
Hong Kong CNN —Elsa, Anna, Olaf and Sven have a new home on a subtropical island in Asia. World of Frozen, Disney’s first-ever themed land dedicated to the “Frozen” media franchise, opened at Hong Kong Disneyland on November 20. Michael Moriarty, managing director of Hong Kong Disneyland, called World of Frozen “the most immersive attraction we’ve ever built.”Hong Kong Disneyland's World of Frozen includes a recreation of the Arendelle Palace and other key elements from the beloved film franchise. Courtesy DisneyHe added that the decision to bring World of Frozen to Hong Kong was influenced by the regional interest in the franchise and the unique natural elements of Lantau Island, where Hong Kong Disneyland is located. Visitors can get to Hong Kong Disneyland by car or via the orange line on Hong Kong’s MTR public transit system.
Persons: Hong Kong CNN — Elsa, Anna, Olaf, Sven, Disney’s, Prince Hans, , Bob Iger, Disney Imagineers, Elsa, Kristoff, , Michael Moriarty, ” Moriarty, Moriarty, Arendelle Organizations: Hong Kong CNN, Hong Kong Disneyland, Disney, Disney Parks, Kong’s Locations: Hong Kong, Asia, Hong, Norway, Arendelle, Olaf, Sunny
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