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Taco Bell CEO Sean Tresvant credits his leadership success, at least partially, to one piece of advice: "Don't try to be a black belt in everything." "Be a black belt in marketing, and be a brown belt in everything else," Tresvant, who previously held marketing executive roles at Taco Bell, Nike and Sports Illustrated, told LinkedIn's "This is Working" podcast last week. Tresvant received that advice in January upon becoming CEO of Taco Bell — which is owned by fast food giant Yum! Instead of believing he has all the answers, he tries to ask the "right questions" to team members who have expertise that he doesn't, he noted. "I understand I'm not a CFO, but I have a great CFO who can lead the [financial side of the] business."
Persons: Sean Tresvant, you'll, Tresvant, Taco, LinkedIn's, Taco Bell, I'm Organizations: Taco Bell, Nike, Sports, Taco, Brands
Friday could be a big day for Netflix , according to JPMorgan. The company is set to stream a boxing match between influencer Jake Paul and legend Mike Tyson from the AT & T Stadium in Texas. JPMorgan thinks the fight could be a record breaker and bolster Netflix's ad-tier subscriptions. Enthusiasm around the stock has jumped since Netflix boasted a top- and bottom-line beat for the third quarter last month. LSEG data shows that, of the 48 analysts covering it, 33 rate Netflix a buy or a strong buy.
Persons: influencer Jake Paul, Mike Tyson, Jake Paul, Doug Anmuth, Paul, Tyson, Anmuth Organizations: Netflix, JPMorgan, T, National Football League Locations: Texas
The president of Azerbaijan, host of this year’s U.N. climate summit, lashed out at Western critics of his country’s oil and gas industry on Tuesday. Azerbaijan’s finance ministry said the share of oil and gas as a contribution to the economy was declining as the country diversifies. The people need them.”He singled out the United States, the world’s largest historic carbon emitter, and the European Union for particular criticism, accusing them of double standards. The United States is the world’s largest oil and gas producer. Aiming to cut methane emissions from the United States, President Joe Biden’s administration on Tuesday finalized a methane fee for big oil and gas producers.
Persons: Ilham Aliyev, General Antonio Guterres, , Aliyev, bode, Romain Ioualalen, Harjeet Singh, Ali Zaidi, Joe Biden’s, Donald Trump, ” Guterres, Mia Mottley Organizations: European Union, Observers, Shell, World Bank Locations: Azerbaijan, United States, Ukraine, California, New York, Spain, Barbados
It's her most important money advice for all investing newcomers — including her own children, Friedman told CNBC Make It on Tuesday while speaking at the Fortune Global Forum 2024. "Learn by doing — with small amounts of money, or even on platforms where you don't actually have to use real money," said Friedman. The earlier you can start investing, the better, added Barclays CEO C.S. 'They should start young from that first paycheck, have a really long term view, and the equity markets are a really important part of that." Later in life, you'll thank yourself for starting early, said Friedman: "[Investing] is a foundational element of wealth creation in this country."
Persons: millennials, Gen, Adena Friedman, Friedman, Gen Zers, Roth, Douglas Boneparth Organizations: Nasdaq, CNBC, Fortune, Young, Survey, Barclays, C.S, Global Locations: New York
Diamond Sports reached a deal with Amazon's Prime Video that will allow its 16 regional sports networks to be made available on the streaming platform. The company's previously launched FanDuel Sports Network streaming options will still be available. In October, Diamond inked a naming rights deal with Flutter -owned FanDuel, rebranding its networks from Bally Sports to FanDuel Sports Network. Both Prime Video and the FanDuel Sports Network app will offer the single games, according to the person familiar with the offering. Amazon's Prime Video already airs a selection of Yankees games each season since it is a stakeholder in the YES Network.
Persons: Diamond Organizations: Sports, Amazon's, Sports Network, Diamond Sports, Bally Sports, FanDuel Sports Network, National Hockey League, Basketball Association, FanDuel Sports, Major League Baseball, Atlanta Braves, Braves, Amazon, NBA, NHL, MLB, New York Yankees, YES Network, Yankees, YES
Nearly three decades ago, Tomas Gorny came to the U.S. as a Polish immigrant living on $3 a day, after rent and transportation costs. Today, the 49-year-old Gorny is the founder of multiple tech businesses, including a cloud-based business communications company called Nextiva that was most recently valued at $2.7 billion. Gorny, the company's CEO, has a net worth exceeding $1 billion, according to a Nextiva spokesperson. After rent and transportation costs, he had only a few dollars per day for food and other necessities, he says. Two years later, his $3 per day turned into a net worth above $1 million, he says.
Persons: Tomas Gorny, Gorny, Organizations: CNBC, Internet Communications Locations: Germany, Los Angeles
Instead, they agreed upon a 32-hour workweek, in which employees retain their full-time positions with benefits but can enjoy reduced hours and schedule flexibility. The couple both work for the county, and say the shortened workweek has improved their quality of life. Ingman, a park manager in the county, said the 32-hour workweek made his job easier by attracting a better applicant pool. His wife’s employer recently adopted its own 32-hour workweek — using San Juan County as a template. Not all county employees are formally eligible for the 32-hour workweek; right now it only applies to the roughly 155 positions represented by the union.
Persons: Kristen, Eric Rezabek, Eric, ” Eric, Jessica Hudson, it’s, , Kristen Rezabek, ” Hudson, , , ” Kristen, there’s, Joe Ingman, Joe Ingman “, you’re, I’ve, Ingman, he’d, Jenni Merritt, she’d, Jenni, Jenni Merritt “, ” Merritt, Merritt, we’re, ” Kristen Rezabek, Matthew Steward, Matthew Steward “, “ It’s, Matthew Steward’s, Steward, Juan, Bernie Sanders, ” Joe Ingman, they’d Organizations: CNN, San, Park, Public Works Locations: San Juan Island, Washington, San Juan County, Seattle, , Park, Mississippi, Juan County
HONG KONG — Hong Kong’s top leader on Tuesday warned President-elect Donald Trump not to interfere in the Chinese territory’s internal affairs after he said he would “100%” free the imprisoned pro-democracy activist and tycoon Jimmy Lai. He said Hong Kong, whose government denies that judicial independence is under threat, also valued the rule of law. “In these respects, I hope that all countries will respect the Hong Kong Special Administrative Region and avoid political interference that could affect the judiciary and normal commercial activities in Hong Kong,” he said. Hong Kong also enacted its own national security legislation in March. Pro-democracy activist Jimmy Lai being escorted out of court in Hong Kong in 2021.
Persons: Hong Kong’s, Donald Trump, Jimmy Lai, Lai, Hong, Trump, Hugh Hewitt, I’ll, Lee, , , Hong Kong, . Lai, John Burns, ” Burns, ” Lai, Burns, Sen, Marco Rubio, ” Lee Organizations: Apple, Hong, Administrative, AFP, Getty, University of Hong, NBC News, , Trump, Republican, Fraser Institute Locations: HONG KONG, Hong, China, Hong Kong, United States, U.S, Beijing, British, ., University of Hong Kong, ” Hong Kong, Washington , New York, San Francisco, Vancouver, Singapore
President-elect Donald Trump has picked Rep. Mike Waltz, R-Fla., to be his national security adviser, according to four sources familiar with the decision. Since 2019, he has represented a congressional district in the House, where he's a member of the Armed Services, Foreign Affairs and Intelligence committees. Like many congressional Republicans, Waltz has also criticized U.S. aid to Ukraine in its war against Russia. The role of White House national security adviser doesn’t require Senate confirmation. Waltz joins Rep. Elise Stefanik of New York as the second House Republican Trump has tapped for posts in his new administration.
Persons: Donald Trump, Mike Waltz, didn’t, Waltz, Vladimir Putin, doesn’t, Elise Stefanik, House Republican Trump Organizations: Green Beret, Armed Services, Foreign Affairs, Intelligence, Street Journal, China Task Force, Republicans, NPR, U.S ., White House, House Republican, United Nations Locations: Afghanistan, East, Africa, China, He's, Ukraine, Russia, U.S, New York
Family offices are increasingly bypassing private equity funds and buying stakes in private companies directly, according to a new survey. Half of family offices plan to do "direct deals" — or invest in a private company without a private equity fund — over the next two years, according to a family office survey from Bastiat Partners and Kharis Capital. As they grow in size and sophistication, family offices are becoming more confident about finding and negotiating their own private equity deals. "Family offices are being gradually recognized as an economic powerhouse in private markets," according to the report. The big challenge for family offices as they do more direct deals is so-called "deal flow," or the volume of possible deals.
Persons: Robert Frank Organizations: Bastiat Partners, Kharis
Pushing the funding fight to next year would put Trump in position to have far greater say. Congress faces a jam-packed to-do list of critical legislative items, including the annual defense policy bill. The next Trump loyalty test – who will lead the Senate GOP? The new Senate GOP leader will be elected by secret ballot, meaning no one will know who voted for which candidate. The House and Senate are only expected to be in session for two weeks before leaving for the Thanksgiving holiday.
Persons: Donald Trump won’t, Trump, Mike Johnson, Johnson, , Kelly Armstrong, , Trump’s, Dusty Johnson of, “ I’m, Mitch McConnell, John Thune of, John Cornyn of, Rick Scott, McConnell, , ” Thune, Cornyn, ” Scott, Scott, Sens, Marco Rubio, Tommy Tuberville, Bill Hagerty, Ron Johnson, they’d, haven’t, Elon Musk, Musk, Hakeem Jeffries, There’s, Alayna Treene Organizations: CNN, White House, Capitol, Republican Party, GOP, Trump, North, Republican, Senate, Florida Republican, Democratic, Republicans, National Defense, Department of Defense Locations: North Dakota, Dusty Johnson of South Dakota, Sens, John Thune of South Dakota, John Cornyn of Texas, Florida, Marco Rubio of Florida, Alabama, Tennessee, Wisconsin, Washington, United States
Representative Michael Waltz (R-FL) speaks on Day 3 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 17, 2024. President-Elect Donald Trump has picked Rep. Mike Waltz, R-Fla., to serve as his national security adviser, according to four sources familiar with the decision. The role of White House national security adviser does not require Senate confirmation. Waltz joins New York Rep. Elise Stefanik as the second House Republican to be tapped by Trump for a post in his new administration. Trump selected Stefanik to serve as U.S. ambassador to the United Nations.
Persons: Michael Waltz, Donald Trump, Mike Waltz, Waltz, Vladimir Putin, Elise Stefanik, Trump Organizations: Republican National Convention, Green Beret, Armed Services, Foreign Affairs, Intelligence, Street Journal, NSA, China Task Force, Republicans, NPR, U.S ., White House, New York, Republican, Trump, United Nations Locations: Milwaukee , Wisconsin, U.S, Afghanistan, East, Africa, China, He's, Ukraine, Russia
CNN —Saudi Arabia’s Crown Prince Mohammed bin Salman has accused Israel of carrying out “collective genocide” in Gaza, in some of his strongest criticism of the country since the war began last year. Saudi Arabia strongly opposes Iran-backed militias such as Hezbollah and Hamas. Riyadh and Tehran repaired ties last year after decades of animosity over regional influence. Those attending the high-level meeting included Palestinian President Mahmoud Abbas, Lebanese caretaker Prime Minister Najib Mikati, Jordan’s King Abdullah II and Egyptian President Abdel Fattah el-Sisi. The conference was hosted by Saudi Arabia in Riyadh on November 11.
Persons: Saudi Arabia’s Crown Prince Mohammed bin Salman, Israel, Ayatollah Ali Khamenei, Adolf Hitler, Benjamin Netanyahu, Mohammad Reza Aref, General Hassan Nasrallah, Ismail Haniyeh, Yahya Sinwar, Mahmoud Abbas, Najib Mikati, Jordan’s King Abdullah II, Abdel Fattah el, Recep Tayyip Erdogan of, Bashar al, Assad of Organizations: CNN, Saudi Arabia’s Crown, Islamic, MBS, Iranian, Israeli Locations: Gaza, Saudi Arabia, Riyadh, Israel, Iran, Tehran, Recep Tayyip Erdogan of Turkey, Assad of Syria, Syria,
AWS is negotiating a potential $475 million AI cloud deal with IBM. Under such a deal, IBM would use AWS's EC2 servers that come equipped with Nvidia's AI chips, the document stated. The negotiations also highlight continued demand for Nvidia GPUs. Efforts here have been mixed so far, and it's unclear if an IBM deal would include access to these homegrown Amazon components. AdvertisementStill, an AI cloud deal like this would be a further boost for AWS.
Persons: , Andy Jassy, Jassy Organizations: IBM, Nvidia, Service, Web Services, Business, IBM Research, AWS, Watson, Amazon
Recession risk has jumped to 75% due to the potential for a trade ware under Trump, BCA Research said. Trump's proposed tariffs could lower household income and depress corporate investments. In a Friday note, Berezin increased the probability of an economic recession to 75% from 65%, citing the risk of a new trade war under Trump. On the campaign trail, Trump proposed implementing universal tariffs of 10%-20% on goods imported into the country and a 60% tariff on goods from China. Berezin cited a study from the Budget Lab at Yale that estimates Trump's proposed tariffs could reduce real disposable income for the median US household by $1,900-$7,600.
Persons: Trump's, , Peter Berezin, Donald Trump's, Berezin, Trump Organizations: Trump, BCA Research, Service, Yale Locations: China
Veterans can face challenges translating their military skills to civilian roles. Employers too often overlook or discount the experience veterans bring, a report found. These advocates for hiring veterans said that by looking a little closer at the skills undergirding veterans' experience, employers could help plug gaps in their workforces. Yet at the same time, employers often overlook or discount military experience, LinkedIn found. From there, Dickman said, Hire Heroes USA can go to employers and point to the abilities a veteran, service member, or military spouse possesses.
Persons: Ashley Bethea, , Bethea, Ashley, hadn't, Ross Dickman, Dickman, Jesse Gartman, Gartman, he'd, he's, Trina Clayeux, Clayeux, they've Organizations: Air Force, Service, Business, Hire, Apache, Army, Marine Corps, Craigslist, Movers, Pentagon Locations: America, Iraq, New York City, Oklahoma City, Gartman, Bethea
Critics of the proposed tariffs say the policy could lead to higher prices for U.S. consumers. That leaves Asia and Europe having to quickly consider ways to mitigate the future impact of export tariffs, and whether to retaliate or to try to negotiate a get-out deal. But economists also say that the EU could try to use the carrot instead of the stick with the U.S., suggesting there are three other ways Europe might try to stop, limit or avoid Trump's likely tariff policy altogether. German Chancellor Angela Merkel deliberates with U.S. President Donald Trump during the G-7 summit in Canada on June 9, 2018. Jesco Denzel | Bundesregierung | Getty ImagesWhether there Europe can reach consensus on how or whether to do a deal with Trump is debateable, however.
Persons: Caitlin Ochs, Reuters Donald Trump's, Europe scrabbling, Trump, Flach, Donald Trump, Jean, Claude Juncker, Andrew Kenningham, Didier Lebrun, Photonews, Mujtaba Rahman, Ursula von der, Von der, Joe Biden, Kenningham, Angela Merkel deliberates, Denzel, Carsten Brzeski, Emmanuel Macron, Angela Merkel, There's Organizations: Reuters, Trump, ING, Germany's, International Economics, Germany, U.S, EU, Capital Economics, European Union, Getty, Eurasia Group, Sustainable Steel, US Trade, Technology Council, Bundesregierung Locations: Upper Bay, New York, U.S, Europe, EU, China, Asia, Germany, Ukraine, Canada, France
Why do decision-makers at work really choose one person for a role over another? For the last 12 years, I've coached top performers at some of the world's largest and most competitive Fortune 500 companies. The ability to influence others can set you up for success. Your impact and advancement at work depends on your ability to persuade others. In fact, the most powerful communicators I've worked with are thoughtful professionals who've learned to leverage their perceptiveness strategically.
Persons: I've, who've Organizations: Fortune
CNN —Qatar announced Saturday that it has paused its role as a mediator for a ceasefire in Gaza between Israel and Hamas due to a lack of willingness by the sides to reach an agreement. After months of stop-and-go negotiations, efforts to reach a ceasefire and hostage release deal – a top priority for President Joe Biden – remain stalled. Officials in Doha have also decided to close Hamas’ political office in the Qatari capital, a diplomat familiar with the decision told CNN. In April, Doha made a similar move in temporarily closing the Hamas office. As talks faltered, the Biden administration and Israel asked Doha to bring them back, the diplomat told CNN.
Persons: Majed Al, Ansari, Joe Biden –, “⁠, , , , Hersh Goldberg, Polin, Biden, CNN’s Ibrahim Dahman, Kylie Atwood, Jennifer Hansler Organizations: CNN — Qatar, Qatari Foreign Ministry, Officials, CNN, ⁠ Doha, Qatar, White House National Security Council, “ Qatar, Qatari, Al, Israel Locations: Gaza, Israel, The State, Qatar, Doha, Cairo, Turkey
CNN —Qatar is suspending its role as a mediator in talks between Israel and Hamas after concluding that the two sides are no longer negotiating in good faith, two sources familiar with the situation tell CNN. Qatar, which has long hosted Hamas’ political office in Doha, has alongside Egypt served as an intermediary for the two sides, which do not officially maintain direct contact. During a temporary ceasefire mediated by Qatar and Egypt last November, Hamas released 105 hostages and Israel released 240 Palestinian prisoners. “As a consequence, the Hamas political office no longer serves its purpose.”Hamas has insisted that any agreement with Israel must lead to a permanent end to the war in Gaza. In July he effectively spiked a draft hostage and ceasefire deal by introducing a raft of new, 11th-hour demands.
Persons: Benjamin Netanyahu, Omar Al, Nir Barkat, ” Netanyahu, , Sheikh Mohammed bin Abdulrahman Al Thani, Biden, , , Organizations: CNN —, CNN, Qatari, Palestinian Ministry of Health, UN, Getty, Foreign, American, Qatar Locations: CNN — Qatar, Israel, Qatar, Doha, Egypt, Gaza, Israeli, AFP, Palestinian, Cairo
Just don't confuse gossip with venting, says leadership expert and bestselling author Simon Sinek. "To get on a call with a colleague and vent about your boss is not necessarily unhealthy, and it's not necessarily gossip," Sinek told psychotherapist Sara Kuburic in a LinkedIn video post last month. "Allowing venting to happen is healthy, but validating venting can make it become gossip. In the video, Kuburic defined venting as "you-focused" and gossiping as "other-focused." Sharing your frustrations about a stressful project is venting, for example, while criticizing a colleague's skills or work ethic behind their back is gossiping.
Persons: Simon Sinek, it's, Sinek, Sara Kuburic
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNot too worried about Trump's proposed tariffs on China which are likely a 'negotiating ploy'Rich Weiss of American Century Investments says the US fiscal deficit remains a real issue, and that a sweep by either U.S. parties will cause treasury yields to rise as it will cause inflation and the government debt to rise.
Persons: Rich Weiss Organizations: American Century Investments Locations: China
UFC media rights are up for renewal next year, and TKO Group Chief Operating Officer Mark Shapiro tells me he thinks Netflix could be getting in the ring. "I think absolutely, they'll be at the table on UFC," Shapiro said in an exclusive CNBC Sport interview. Still, even with the WWE deal, Netflix didn't fully embrace its new role as a platform for live sports. "I think absolutely, they'll be at the table on UFC," Shapiro said in an exclusive CNBC Sport interview. Still, even with the WWE deal, Netflix didn't fully embrace its new role as a platform for live sports.
Persons: Alex Sherman, Mark Shapiro, Shapiro, They've, We've, Ted Sarandos, Sarandos, it's, Jake Paul, Mike Tyson, Netflix hasn't, we're, Tyson, Paul, It's, Vince McMahon, McMahon, He's, he's, , We're, Dick Clark, Paul Levesque, Dana White, Stan Kasten, Adam Silver, Adam, I'm, That's, Juan Soto, Shohei, Ohtani, Kasten, Jonathan Kraft, Sportico's, Kraft, Babe Ruth, Collect, Ruth, Red Ruth, Deiveson Figueiredo, Brandon Moreno, Louis Grasse Organizations: CNBC, UFC, Netflix, WWE, Disney, MMA, National Football League, NFL, Dick Clark Productions, Golden Globe, , Professional Bull Riders, Endeavor, PGA Tour, Comcast, Dodgers, NBA, Major League Baseball, New York Yankees, Nice, CNBC Sport, Ham Fighters, Summer, NBC, Tennis, Consumers, New England Patriots, Boise State, Louis Locations: U.S, Canada, It's, Los Angeles, Ohtani's, Hokkaido Nippon, Oregon, Gila, Glendale , AZ
There should be no enduring mystery about what a Trump presidency means for Ukraine. Trump may appoint a cabinet that mildly adjusts the pace or tone of his instincts, but in the end he wants out. Workers remove debris from an apartment building that was damaged during a Russian drone strike in Kyiv, Ukraine, on October 29, 2024. Furthermore, Trump enters the White House at perhaps the most perilous time for Kyiv since the start of the war. Those tired of the Ukraine war – be they Kyiv ally or frontline soldier – should still not embrace the idea of a Trump-backed deal.
Persons: upsides, Trump, Donald Trump, , Vladimir Putin, Joe Biden –, Chasiv Yar, Putin, Thomas Peter, Kim Jong, Qasem Soleimani, Biden, Zelensky, , Kostiantyn Organizations: CNN, NATO, Trump, Pentagon, Iranian Revolutionary Guard, Congress, Kyiv, Russian, European Union, Kremlin Locations: Ukraine, United States, Europe, Russia, Moscow, Pokrovsk, Donetsk, Dnipro, Zaporizhzhia, Russian, Kyiv, Afghanistan, Singapore, Korean, Bankova, Syria, Ukrainian, Georgia, Moldova
Trump's second term likely means changes are on the way that will impact retailers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDonald Trump's return to the White House is likely to usher in sweeping changes that will impact retailers like Walmart, Target, and Costco — ranging from new tariffs to tax cuts and a new regulatory environment. Trump's campaign promises, along with his prior term record, offer some insights into what major retailers can expect from his second term. Advertisement"That's actually very unhelpful for a lot of retailers, especially in areas like technology, which a lot of retailers are involved," he said.
Persons: , Donald Trump's, Donald Trump, Neil Saunders, it's, John David Rainey, Trump, Chris Walton, Walton, Jonathan Gold, Johns, Tinglong Dai, Saunders, He's, Lina Khan Organizations: Service, Walmart, Target, Costco, TractorTractor, Dick's Sporting Goods, Data, Omni, National Retail Federation, Trump, Pew Research, Federal, FTC, Kroger, Albertsons, Republican Locations: China, Johns Hopkins, Washington
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