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Nearly 50,000 people from 200 countries — including, for the first time, the Taliban rulers of Afghanistan — were in Azerbaijan for this year’s United Nations Climate Change Conference, with the goal of reaching a critical deal on climate finance. Participating world leaders Tuesday at the United Nations Climate Change Conference. “It is really disappointing to see that world leaders haven’t shown up in force in solidarity,” she added. While Trump “may put climate action on the back burner,” U.S. climate envoy John Podesta said, “the work to contain climate change is going to continue.”U.S. Energy Secretary Jennifer Granholm said states, cities, nongovernmental organizations and companies are still “all-in” on pursuing climate goals. British Prime Minister Keir Starmer speaks Tuesday on day two of the COP29 climate conference.
Persons: Donald Trump, Alexander Nemenov, General Ban, , Ruth Townend, COP29, Joe Biden, Xi Jinping, Keir Starmer, Emmanuel Macron, Olaf Scholz, Justin Trudeau, Shigeru Ishiba, ” Townend, haven’t, Matiul Haq Khalis, Laurent Thomet, Trump, John Podesta, Jennifer Granholm, ” Granholm, Darren Woods, Who, Ilham Aliyev, Carl Court, Getty Images Aliyev, Adel, Lord Adair Turner, Britain, , James Marape, Marape, Asadullah Jawid Organizations: Change, United Nations, Getty, World Meteorological Organization, House, Pacific, British, Seven, Canadian, Japanese, Environmental Protection Agency, Getty Images, U.S . Energy, Infrastructure Law, NBC, Exxon, Independent, Climate Finance, U.S, Energy, Commission, Union, Baku, American University of Locations: BAKU, Azerbaijan, Afghanistan, United States, Paris, AFP, London, Baku, U.S, , Saudi, Adel Al, Saudi Arabia, Saharan Africa, China, Papua New Guinea, American University of Afghanistan
Susan Wiles, Trump's incoming chief of staff, maintained ties to a lobbying firm until this month. Sean Duffy, Trump's pick for Transportation secretary, has lobbied for a group of major airlines. The EPA, under Obama, Trump, and Biden's administrations, have repeatedly opposed efforts to mine in the bay, home to one of the world's largest salmon fisheries. Starting not long after he left Congress in 2019, Duffy lobbied for Polaris, a US auto manufacturer known its off-road and recreational vehicles. ProPublica previously reported that Duffy lobbied White House trade adviser Peter Navarro as Polaris sought to win exemptions to tariffs on the parts it was importing.
Persons: Donald Trump's, Susan Wiles, Sean Duffy, Trump's, Donald Trump, Susie Wiles, Pam Bondi, Wiles, Duffy, Uber —, Bondi, Ballard, Trump, Jeff Hauser, Brian Ballard, Alaska . Sen, Lisa Murkowski, Obama, Peter Navarro, Ron Klain, Biden's, Fannie Mae, Steve Ricchetti, Biden, Jeff Ricchetti, Barack Obama, Hauser, Hauser isn't, " Hauser Organizations: Washington, Incoming White House, Amazon, GM, MetLife, Fidelity National Financial, Ballard Partners, Trump, Republican, The New York Times, Alaska ., Alaska Republican, Partnership, EPA, Federal Aviation Administration, United, Polaris, White, General Motors, Uber, Fidelity, North, Major League Baseball, Biden, Raytheon, Politico Locations: Florida, Riyadh, Saudi Arabia, Trump, Alaska, North America, Bondi, Washington
CNN —Whoopi Goldberg’s latest venture, the All Women’s Sports Network (AWSN), has been a long time in the making. It took 16 years, but what the hey!”With AWSN having launched in the US last week, Goldberg has finally achieved a long-held ambition. Available in 65 countries and running 24/7, it is the first global network dedicated entirely to women’s sports. The channel will show live and delayed broadcasts of action from the likes of the UEFA Women’s Nations League, the Women’s Tennis Association and the FIBA 3x3 Women’s Series. Whoopi Goldberg partnered with Chicago-based hospital chain CommonSpirit to launch AWSN.
Persons: Whoopi Goldberg’s, “ I’ve, CNN Sport’s Don Riddell, , I’ve, Goldberg, AWSN, we’re, , , Whoopi Goldberg, Richard Shotwell, ’ ” Goldberg, Emma, Clyde Organizations: CNN, Women’s Sports, UEFA Women’s Nations League, Women’s Tennis Association, FIBA, WNBA, ESPN, USC, Purdue University Locations: Saudi Arabia, Chicago, Black
If confirmed by the Senate, three key nominees would largely be responsible for executing Trump's "drill, baby, drill" agenda across the federal government. The Interior Department leases millions of acres of public lands and waters for oil and gas drilling. The oil and gas industry is pushing the Trump administration to issue a new five-year offshore-leasing program. Woods of ExxonMobil told Semafor last week that the Trump administration should keep regulations to curb methane emissions from oil and gas infrastructure. But Trump attacked electric vehicles on the campaign trail, adopting the oil and gas lobby's messaging.
Persons: Donald Trump, Doug Burgum, Chris Wright, Trump, Lee Zeldin, Trump's, Karoline Leavitt, Vance, Wright, Biden, Amanda Eversole, Kenny Stein, Darren Woods, Stein, It's, Woods, Semafor, David Brown, Wood Mackenzie Organizations: Interior, Energy, Senate, Trump, Interior Department, Liberty Energy, Environmental Protection Agency, National Energy Council, Truth, Energy Department, Republicans, of, American Petroleum Institute, American Energy Alliance, CNBC, EPA, ExxonMobil, US Locations: Gulf of Mexico, North Dakota, New York, Saudi Arabia, Qatar, Russia, Europe, Gulf, Mexico, Wood
TJX Companies touted a "strong start" to the holiday shopping season on Wednesday, but its shares slid after the fast-growing retailer offered guidance that appeared to underwhelm Wall Street. "The fourth quarter is off to a strong start, and we are excited about our opportunities for the holiday selling season. For its holiday quarter, TJX is expecting comparable sales to grow between 2% and 3%, largely in line with the 3% uptick that StreetAccount analysts had expected. TJX is standing by its comparable sales guidance of 3% growth for the full year, just shy of the 3.2% growth that StreetAccount analysts had expected. It raised its pretax profit margin outlook from 11.2% to 11.3%, which matches StreetAccount's expectations, along with its earnings per share guidance.
Persons: TJX, Ernie Herrman, It's, LSEG, Maxx, TJ Maxx Organizations: TJX Companies, LSEG, Company, It's, HomeGoods, TJX, Brands, United Arab, Burlington, Ross, Bank of America Locations: HomeGoods, Sierra, TJX Canada, Europe, Australia, Dubai, United Arab Emirates, Saudi Arabia, Spain
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Its CEO said it's on track to fly supersonic by the end of the year. The Boom Overture could fly from New York to London twice as fast as conventional airliners. The return of supersonic commercial flights just got another step closer to reality. Boom Supersonic announced Saturday that its eighth test flight reached a new maximum altitude of 25,000 feet. Rolls-Royce had a contract with Boom before deciding it didn't want to prioritize commercial supersonic flight.
Persons: it's, Blake Scholl, Royce, Boom Organizations: Boeing, United Airlines, American Airlines, Japan Airlines, Saudi, Concorde, FTT, GE, Symphony Locations: New York, London, Newark, Jupiter , Florida, North Carolina
Tencent's Honor of Kings mobile game drew a record 33,000 fans to watch a final competition in Beijing on Nov. 16, 2024. Surprisingly, many in the crowd were young women, reflecting how interest in mobile games has broadened out from the stereotypical male player in the days of console and PC gaming. Honor of Kings, which claims 100 million players a day, uses a similar format with two teams of five players each. His analysis found that 95% of women prefer mobile games. A newly branded Honor of Kings global championship was held last month in Jakarta, Indonesia's capital, with Malaysian team Black Shrew Esports winning the $300,000 first prize.
Persons: Evelyn Cheng, Kings, Gao, of, Jackie Huang, Huang, Xiaofeng Zeng, Niko Partners, Zeng Organizations: Kings, CNBC, of Valor, of Kings, global, Tencent, Gaming, Riot, Malaysian Locations: Beijing, Evelyn Cheng BEIJING, China, Shanghai, Riyadh, Saudi Arabia, Chinese, North America, Europe, Japan, U.S, India, Malaysia, Indonesia, Southeast Asia, Jakarta
8 6 United States 4 2 European Union 1850 1900 1950 2000 2024 China Emissions per year 10 gigatons CO2-eq. 8 6 United States 4 2 European Union 1850 1900 1950 2000 2024 China Emissions per year 10 gigatons CO2-eq. That’s why historical emissions are often used as a gauge of responsibility for global warming. A question of moneyChina’s historical responsibility for climate change has become a major point of contention in global climate politics. Total historical greenhouse gas emissions Historical emissions per person Gigatons CO2-eq.
Persons: Jones, ” John Podesta, Ding Xuexiang, , Gaston Browne of Organizations: United, United States, Carbon, European Union, Union, Indonesia, India, Britain, Canada, Qatar Locations: United States, Europe, China, United Nations, Baku, Azerbaijan, Japan, Canada, Australia, Nations, India, Saudi Arabia, Africa, , Gaston Browne of Antigua, Barbuda, Russia, Brazil, European Union, Qatar
Trump has said he wants to lower gas prices — which currently average $3.07 per gallon — to below $2 a gallon. But the American oil industry is already booming and increasing output doesn’t mean gas prices will drop. After oil prices shot up in 2022 in the wake of Russia’s invasion of Ukraine and the sanctions on Russian oil imposed by western countries, major oil companies reported record profits. But are we going to increase oil production by another 50%? OPEC+, a group of leading oil-producing countries, even delayed plans to increase production because of concerns about excess supply.
Persons: Donald Trump, ” Trump, Trump, Chris Wright, Wright, Andy Cross, Andy Lipow, ” Lipow, “ It’s, Biden, , Bob McNally, George W, Bush, CNN’s David Goldman, Matt Egan Organizations: CNN, Liberty Energy, Liberty, Denver Post, US Energy Information Administration, P, Insights, Eurasia Group, Texas Intermediate, OPEC, Lipow Oil Associates, Energy, Oil Locations: Denver, States, Saudi Arabia, Russia, Eurasia, Ukraine, China, OPEC
Leonardo Munoz | View Press | Corbis News | Getty ImagesThe domestic box office is on the rebound, having posted its highest third-quarter ticket sales since the pandemic. AMC operates around 900 theaters and 10,000 screens globally, a larger footprint than its chief rivals Cinemark and Regal. By the time the Covid pandemic shuttered theaters and shut down Hollywood, AMC was already $5 billion in the red. Despite the better-than-expected box office performance, AMC saw a 12% decline in attendance during the period. "They talked a lot about new investments and upgrading their theaters and expanding their premium screens, adding XL screens.
Persons: Leonardo Munoz, Cinemark, it's, Adam Aron, they're, Eric Wold, Riley, Oppenheimer, Hugh Jackman, Ryan Reynolds, Wold, King, Sony's, Hunter, Aron, Lars Niki, Alicia Reese, Reese isn't, Eric Handler Organizations: AMC, View Press, CNBC, Warner Bros, Disney, Disney AMC, Paramount, Dolby Cinemas, Getty, Roth Capital Markets Locations: New York City, Hollywood, North America, Europe, U.S, Saudi Arabia, New York, Los Angeles, fanbases
AdvertisementRussia could offer support to the Iran-backed Houthis as they menace key shipping lanes. A senior US State Department official said Moscow is engaging with the rebels at a "serious level." Russia could decide to help the Houthis with their Red Sea attacks and is engaging with the Iran-backed rebels at a "serious level," a senior US State Department official said. "It does seem as though there is a fairly serious level of engagement happening," Lenderking said of the Houthis and Russia. Tehran has provided Moscow with lethal aid, including missiles and drones similar to what it has given the Houthis in previous years.
Persons: Yemen Tim Lenderking, Lenderking, Vladimir Putin, Mohammed Hamoud Organizations: US State Department, State Department, United, Lebanese Hezbollah, US Navy, US Locations: Russia, Iran, Moscow, Yemen, Saudi Arabia, Washington, Ukraine, United Nations, Lebanese, Israel, Tehran, Gulf of Aden, Red
CNN —Pope Francis has said that allegations of a genocide in Gaza should be “carefully investigated” marking some of his strongest criticism yet of Israel’s war in the territory. “According to some experts… what is happening in Gaza has the characteristics of a genocide,” Vatican News, the Holy See’s official news outlet, cited the pontiff as writing in a forthcoming book. Pope Francis rarely comments on politics, often limiting his remarks to calls for peace. He lamented that “unarmed civilians are targets for bombs and gunfire” in Gaza and invoking scripture on war. Israel’s war in Gaza has killed more than 43,000 Palestinians, the ministry of health there says, and has flattened large swathes of the territory, triggering a humanitarian crisis.
Persons: Pope Francis, , Hope, Yaron, , Omar Al, Saudi Arabia’s Crown Prince Mohammed bin Salman, Israel Organizations: CNN, Vatican, Vatican News, United Nations ’ International Court of Justice, Getty, ICJ, Hamas, UN, Saudi Arabia’s Crown Locations: Gaza, Israel, South Africa, Pretoria, Jabaliya, AFP, Parish
CNN —United States envoy Amos Hochstein is due to visit Beirut “imminently” after Lebanon responded “positively” to a US-backed proposal to stop the Israel-Hezbollah war, Lebanese Prime Minister Najib Mikati said on Monday. US ambassador to Lebanon Lisa Johnson relayed the proposal to the Lebanese government via Nabih Berri, the parliament speaker, on Thursday night, a Lebanese official told CNN earlier. According to the official, Hezbollah reviewed the proposal and submitted their response to Lebanese authorities on Sunday evening. The Israeli source added that Hochstein has not yet confirmed when he will arrive in the region. Another Lebanese source familiar with the ceasefire talks told CNN earlier that President-elect Trump has endorsed Hochstein’s ceasefire negotiations track, increasing the chances of its success.
Persons: Amos Hochstein, imminently, , Najib Mikati, Al Araby, Mikati, Lebanon Lisa Johnson, Ed Ram, Netanyahu, Hochstein, Bezalel Smotrich, , Nabih Berri, Mohamed Azakir, Reuters Berri, Amal, Hassan Nasrallah, Donald Trump’s, Trump, Israel Organizations: CNN, United, Lebanese, UN, Getty, Reuters, Saudi, Al, Hezbollah, US Locations: Beirut, imminently ”, Lebanon, Israel, Lebanese, Nabih Berri, Lebanon’s, Israeli, Gaza, Al Awsat
How different a commander in chief will Trump be?
  + stars: | 2024-11-17 | by ( Peter Bergen | ) edition.cnn.com   time to read: +27 min
On the face of it, there are sizable differences in foreign policy between Trump and President Joe Biden. In October, the Biden administration again helped to intercept a barrage of around 200 Iranian ballistic missiles, which also caused minimal damage to targets in Israel. Bringing US troops homeIn 2020, the Trump administration signed a US withdrawal agreement from Afghanistan with the Taliban. But after McMaster was pushed out of office in 2018, the Trump administration negotiated with the Taliban the withdrawal agreement of all US forces from Afghanistan. Nonetheless, the incoming Trump administration seems intent on resurrecting Schedule F, an executive order issued in the last months of the first Trump term.
Persons: sneezes, Trump, Donald Trump’s, Joe Biden, , Biden, Trump’s, shored, Donald Trump, Xi Jinping, Andrew Harnik, , Benjamin Netanyahu, Netanyahu, Ahmad Gharabli, Israel, Jared Kushner, Qasem Soleimani, Mike Huckabee, Israel — Huckabee, David Friedman, Reagan, JD Vance —, H.R, McMaster, Nikki Haley, Mike Pompeo, Haley, Pompeo, Elise Stefanik, Mike Waltz, Florida, George W, Bush, Pete Hegseth —, Lloyd Austin, Jim Mattis, Robert Gates, John Ratcliffe of, Tulsi Gabbard, Vladimir Putin, Basher al, Assad, Putin, Diego Fedele, Ukraine doesn’t, John Bolton, Mark Rutte, Tom Homan, Homan, ” Trump, CNN’s Priscilla Alvarez, “ It’s, Maura Healey, Stephen Miller, CBS’s, Camp David, It’s, Kim Jong Un Organizations: CNN, Trump, NATO, Ukraine, White, of, Biden, CIA, Liberation Army, Center for Strategic, International Studies, Obama, Getty, West Bank, Abraham Accords, Arkansas Gov, US Defense Intelligence Agency, ISIS, McMaster, UN, GOP, Republican, Special, House Armed Services Committee, Pentagon, Fox News, Senate, Republicans, US Civil, Policy, State Department, Department of Homeland Security, Policy Institute, Rep, House Intelligence, NATO Trump, US Congressional Research Service, Joint Assault Brigade, National Police, of Homeland, American Immigration Council, NBC News, US Bureau of Prisons, Massachusetts Gov, National Guard, Congress, Washington Post, H.R, North, America Locations: Paris, Russia, China, Beijing, South China, United Kingdom, Australia, Taiwan, Washington, United States, Gaza, Lebanon, Iran, Iranian, Syria, Israel, Yemen, Jerusalem, AFP, Iraq, Saudi Arabia, Afghanistan, Pakistan, John Ratcliffe of Texas, Hawaii, Ukraine, Dnipro, Soviet, Toretsk, Crimea, Japan, NATO, “ Russia, Baltic, Western Europe, , Korean, North Korean
President-elect Donald Trump on Saturday selected Liberty Energy CEO Chris Wright to serve as the next energy secretary of the United States. Wright serves on the board of Oklo , a nuclear power startup backed by OpenAI CEO Sam Altman that is developing micro reactors. Wright will also serve on Trump's Council of National Energy, the president-elect said Saturday. "There is no climate crisis and we're not in the midst of an energy transition either," Wright said in a video posted on his LinkedIn page last year. "There is no such thing as clean energy or dirty energy," Wright said.
Persons: Donald Trump, Chris Wright, Wright, Sam Altman, Trump's, Doug Burgum, we're, Trump, Chris Organizations: Republicans, Hyatt, Saturday, Liberty Energy, United States . Liberty Energy, Trump, U.S, Trump's, of National Energy, Interior Secretary, North Dakota Gov, American Energy Independence, Global Energy Markets, The, Energy Information Administration Locations: Washington , DC, United States, Denver, The U.S, Russia, Saudi Arabia
Others in the defense industry are less optimistic. Tech billionaire Palmer Luckey's bet on the defense industry is paying off at Anduril, the drone-making company he founded. AdvertisementSacknoff said that procurement reform in the defense industry is not a new concept and that the Defense Department is always restructuring its contracting process. Richard Aboulafia, managing director at AeroDynamic Advisory, a consulting firm, said that reforming the defense industry will take time. AdvertisementSacknoff said the military defense business is always looking for a "counter" to the newest technology and that the growth of autonomous drones would likely bring more innovations to stop them.
Persons: Palmer Luckey, Anduril, Palmer Luckey's, Donald Trump's, Brian Schrimf, Schrimpf, Scott Sacknoff, Sacknoff, Richard Aboulafia, Abaulafia, DefenseScoop, Tesla, Eric Schmidt, Schmidt Organizations: Tech, Yahoo, Spade, Defense Department, Teledyne, Defense, Google Locations: Anduril, United States, Saudi Arabia
Ukraine can defeat Russia if it and its Western backers learn from America's failure in the Vietnam War, a Ukrainian security expert argues. Danylyuk attributes America's failure in Vietnam to a "protracted multi-dimensional strategy by the Soviet Union, on whose help it was completely dependent." Crucial ways to defeat Russia's invasion can be found in the Soviet Union's multi-pronged strategy in Vietnam, analyst Oleksandr Danylyuk says. AP Photo/John T. WheelerThe first prong of this strategy would be to "stabilize the frontline and to render any successful offensive actions by Russian troops impossible." "The only explanation for the lack of a mass anti-war movement and large-scale protests is the absence of an organized and popular opposition in Russia," Danylyuk said.
Persons: Ukraine's, Oleksandr Danylyuk, Danylyuk, Johnson, Nixon, John T, Wheeler, Vladimir Putin's, Michael Peck Organizations: Ukraine, Royal United Services Institute, Ukrainian, Soviet, Communist bloc, AP, Gripen, Meteor, MiG, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Soviet, Vietnam, Ukraine, Russia, Ukrainian, British, China, Soviet Union, Hanoi, Saigon, South Vietnam, Vietnam's, Viet, Moscow, Saudi Arabia, Russian, Kabul, Forbes
CNN —Victoria Kjær Theilvig of Denmark has been crowned Miss Universe 2024, becoming the first Dane to ever win the competition. This year’s finale featured a performance by singer Robin Thicke and was hosted by “Saved by the Bell” star Mario Lopez and former Miss Universe Olivia Culpo. Theilvig participates in the Miss Universe competition at Arena Ciudad de Mexico in Mexico City on November 16, 2024. Hector Vivas/Getty ImagesDelegates for each country were selected via local pageants that license local rights from the Miss Universe Organization. This year’s contest saw Cuba, represented by Marianela Ancheta, take part in Miss Universe for the first time since 1967.
Persons: Victoria Kjær Theilvig, Dane, Sheynnis Palacios, Robin Thicke, Mario Lopez, Olivia Culpo, Theilvig, , , Chidimma, Maria Fernanda Beltran, Suchata, Ileana Marquez Pedroza, Malta’s Beatrice Njoya, , Hector Vivas, Marianela Ancheta, Adetshina, Karen Celebertti, Palacios Organizations: CNN, Victoria, Miss, Bell, Miss Universe’s, Miss Universe Organization, Arena Ciudad de, Getty, Miss Universe, United Arab Locations: Denmark, Mexico City, Sheynnis Palacios of Nicaragua, Nigeria, Mexico, Thailand, Venezuela, Arena Ciudad de Mexico, Cuba, Belarus, Eritrea, United Arab Emirates, Saudi Arabia, Miss Universe South Africa, Miss Universe Nicaragua, Nicaraguan
Extraordinary circumstances have degraded 40% of global land iStockCertain places around the world are already experiencing this at an accelerated rate. And that’s just one state; at present rates, land degradation threatens half of the global GDP. The Economics of Land Degradation also estimated that each dollar invested into land restoration will return up to $30 in value. The threat of land degradation is a shared burden. And a decade after the Changwon Initiative was launched, it has successfully defined Land Degradation Neutrality, enabling 129 countries to align with its principles and work towards zero land degradation.
Persons: COP16 Organizations: United Nations Convention, UN, Changwon Initiative Locations: COP16, Riyadh, Saudi Arabia, Egypt, California, United States, Saharan Africa, Canada, Spain, United Kingdom, Sahel, Africa
CNN —President-elect Donald Trump’s son-in-law Jared Kushner is seen as being pivotal to the incoming administration’s Middle East efforts, even though he is not likely to take a formal job within it, regional diplomats and Trump allies told CNN. Trump’s Middle East team has been taking shape this week after he selected a former Republican governor and a close friend and real-estate developer to take on key roles. Since Trump left office in 2021, Kushner and his wife, Ivanka Trump, have moved to Miami and largely exited politics. Kushner has also maintained relationships with key players in the Middle East, including Israeli officials and leaders in the Arab Gulf. That is the key question,” explained Aaron David Miller, a former Middle East negotiator at the State Department, referring to Trump’s longtime friend and real estate developer who will serve as his special envoy to the Middle East.
Persons: Donald Trump’s, Jared Kushner, Kushner, Trump, Jared, , , ” Kushner, Abraham, Ivanka Trump, Saudi Crown Prince Mohammed bin Salman, Trump’s, bin Salman, Israel, , Kusher, Ghaith Al, Benjamin Netanyahu, Netanyahu, Ron Dermer, Brian Hook, ” Hook, “ Kushner, Mike Huckabee, Steve Witkoff, Kushner –, Aaron David Miller, Rubio, ” Witkoff, Witkoff Organizations: CNN, Trump, Trump’s, Republican, White, Abraham Accords, United, United Arab Emirates, Affinity Partners, Washington, Saudi Crown, MBS, Saudi Arabia’s Public Investment Fund, Harvard, Washington Institute, Israel, State Department, CNN International, Former Arkansas Gov Locations: Israeli, Israel, Isreal, United Arab, Gaza, Lebanon, Miami, Arab, Saudi, Saudi Arabia, New Jersey
Amid rising costs, Saudi Arabia is scaling back Neom plans to focus on sports venues. The new city faces financial challenges, leadership changes, and scrutiny over human rights issues. AdvertisementSaudi Arabia is changing plans for mega-city Neom to cut costs and prioritize building for international sporting events. Governments and human rights groups have also scrutinized alleged human rights abuses, including of migrant workers building Neom. In July, Saudi Arabia rejected allegations that three men were sentenced to death because they criticized evictions to make way for the Neom project.
Persons: , Neom, Francois Nel Organizations: Service, Reuters, Games, NEOM Beach, Neom Locations: Saudi Arabia, New York City, Saudi
AdvertisementLately, creative workers are increasingly chasing their Hollywood dreams in production hubs far from Hollywood. FilmLA, which issues permits for production in the region, found that Greater Los Angeles' share of US-produced TV and film projects declined from 23% in 2021 to 18% last year. Brin said Lexington had attracted 30 film and TV projects so far this year, representing more than $2 million in local spending. Actually being on a set is only one part of entertainment production. While the power of Los Angeles is dispersing, no single "new Hollywood" is coming to take its place.
Persons: Joe Gallegos Jr, he'd, Bailee Madison, Lukasiak, Pat Boone, Gallegos, JJ Abrams, HBO Max —, he's, It's, Patrick Adler, Taner Osman, couldn't, Tiffany FitzHenry, Lisa Brin, Brin, Noah Hawley, Maddy Bilder, Yorgos, Guy, Ryan Gosling, Emily Blunt, Tyler Mitchell, I've, Bilder, Adler, Otis, FitzHenry, hasn't, Keisha Perry, Cedric, I'm, She's, Lucia Moses Organizations: Netflix, HBO, of Labor Statistics, Westwood Economics, Planning Associates, Dallas, Miami, Hollywood, Bureau of Labor Statistics, Marvel, Otis, Creative, Lex Studios, Austin, Austin Film Society, Southwest, Sony, Universal Pictures, Ampere, Technology, ScreenIt, LA, Westwood, Gallegos, Business Insider's Media Locations: New Mexico, Los Angeles, Albuquerque, La La, Hollywood ., America, California, Atlanta, Hollywood, LA, Georgia, Kentucky, Lexington, New York, Ireland, Budapest, South Africa, Hungary, Australia, North America, Saudi Arabia, Miami
Nadhmi al-Nasr, the long-time chief executive of the $500 billion NEOM mega-project at the heart of Saudi Arabia’s drive to diversify away from oil, has departed, NEOM said on Tuesday without giving a reason. Crown Prince Mohammed bin Salman has poured hundreds of billions of dollars into development projects through the kingdom’s PIF sovereign wealth fund. Saudi Arabia, the world’s top oil exporter, is still heavily reliant on hydrocarbon revenues, and low oil prices and production have hit state coffers. He has been the head of the PIF’s Local Real Estate Division since 2018 and has a deep understanding of NEOM and its projects, NEOM said. In his role at PIF, Al-Mudaifer oversees all local real estate investments and infrastructure projects, and he is a board member of several prominent companies in the kingdom.
Persons: Nadhmi, Nasr, NEOM, Prince Mohammed bin Salman, Aiman, Mudaifer Organizations: Reuters, Al, Real, Division Locations: Saudi, Belgium, NEOM, Saudi Arabia, PIF, Al
While oil stocks tend to follow the direction of crude prices, the energy sector has gained 3.6% since election day, slightly outpacing the S & P 500. Conflicting signals The crude futures market and the oil and gas stocks appear to be taking different messages from Trump's victory. Since the election, natural gas stocks have been big winners on the prospect of more pipeline permitting. The oilfield services companies are also major beneficiaries under a Trump administration, West said. Oil surplus headwind More ominously, an oil and gas production boom under Trump would lower crude oil prices and likely act as a headwind for the industry.
Persons: Donald Trump's, Brent, Andrew Dittmar, Trump, Dittmar, Biden, James West, EQT, Kinder Morgan, West, Baker Hughes, Halliburton, Lee Zeldin, Zeldin, Russia —, Morgan Stanley, Wells, Roger Read, Darren Woods, I'm, Woods, CNBC's Organizations: West Texas Intermediate, Enverus Energy Intelligence, Republican, White, American Petroleum Institute, Oil, Gas, ETF, Interior Department . Offshore drillers, Noble Corporation, Evercore ISI, Pipeline, Williams Companies, Cheniere Energy, Industries, Trump, SLB, New, New York GOP, Environmental Protection Agency, Fox News, Biden, EPA, " Companies, Investors, Department of Energy, CNBC, Exxon Mobil, Exxon, Chevron, White House, Capitol, ISI Locations: China, Gulf of Mexico, Tidewater, Transocean, Gulf, Trump, New York, U.S, Saudi Arabia, Russia, Wells Fargo
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