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Volvo Cars deputy CEO: We're doubling down on our climate action
  + stars: | 2023-12-01 | 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 EmailVolvo Cars deputy CEO: We're doubling down on our climate actionJavier Varela, deputy CEO of Volvo Cars, speaks to CNBC's Steve Sedgwick at COP28 in the United Arab Emirates.
Persons: Javier Varela, Steve Sedgwick Organizations: Volvo, United Locations: COP28, United Arab Emirates
EY CEO discusses the energy transition
  + stars: | 2023-12-01 | 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 EmailEY CEO discusses the energy transitionCarmine Di Sibio, Ernst and Young CEO, speaks to CNBC's Steve Sedgwick at COP28 in the United Arab Emirates.
Persons: Carmine Di Sibio, Ernst, Young, Steve Sedgwick Organizations: United Locations: COP28, United Arab Emirates
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCreate something new instead of trying to reform the old, says Indian renewable energy firm's CEOReNew CEO Sumant Sinha speaks to CNBC's Dan Murphy and Steve Sedgwick at COP28.
Persons: Sumant Sinha, CNBC's Dan Murphy, Steve Sedgwick Locations: COP28
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe'll never achieve energy transition goals without nuclear energy, IAEA chief saysRafael Mariano Grossi, director general of the International Atomic Energy Agency, speaks to CNBC's Dan Murphy and Steve Sedgwick at COP28.
Persons: Rafael Mariano Grossi, CNBC's Dan Murphy, Steve Sedgwick Organizations: IAEA, International Atomic Energy Agency Locations: COP28
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRenewables: The 'real big money' has to be invested by private companies, says WEF presidentBorge Brende, president of the World Economic Forum, speaks to CNBC's Dan Murphy and Steve Sedgwick at COP28 in the United Arab Emirates.
Persons: Borge Brende, CNBC's Dan Murphy, Steve Sedgwick Organizations: Renewables, Economic, United Locations: COP28, United Arab Emirates
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailClimate crisis: The price of inaction far exceeds the price of action, WEF president saysBorge Brende, president of the World Economic Forum, speaks to CNBC's Dan Murphy and Steve Sedgwick at COP28 in the United Arab Emirates.
Persons: Borge Brende, CNBC's Dan Murphy, Steve Sedgwick Organizations: Economic, United Locations: COP28, United Arab Emirates
Elon Musk claims advertisers are trying to ‘blackmail’ him
  + stars: | 2023-11-30 | 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 EmailElon Musk claims advertisers are trying to ‘blackmail’ himElon Musk claimed at the DealBook summit that advertisers are trying to "blackmail" him, CNBC's Dan Murphy and Steve Sedgwick report.
Persons: , Elon Musk, CNBC's Dan Murphy, Steve Sedgwick Organizations: Elon
CNBC's Sustainable Future Forum 2023
  + stars: | 2023-11-29 | by ( Cnbc.Com Staff | ) www.cnbc.com   time to read: 1 min
For the first time, CNBC's Sustainable Future Forum will take place in-person, hosted on Sunday Dec. 3, 2023. in Dubai alongside the UN's flagship climate change conference, COP28. Hosted by Steve Sedgwick, the Co-Anchor of CNBC's flagship show 'Squawk Box,' the event will explore how global leaders of business, industry and public policy convey the vision of COP28 to consumers, societies and their other stakeholders. Amid public skepticism about progress towards a sustainable future, and tension between short-term economic demands and long-term changes, how do advocates of sustainability across business and government convince people their strategy and policies are right? How do you sell your vision of the future to win hearts and minds when many people are focused on the impacts of the economic downturn? Check out the speakers' list and agenda here.
Persons: Steve Sedgwick Organizations: COP28, CNBC's Locations: Dubai
All the best celebrity costumes over Halloween weekend
  + stars: | 2023-10-30 | by ( Leah Dolan | ) edition.cnn.com   time to read: +3 min
Scroll down to see some of the best celebrity costumes from Halloween 2023. Rachpoot/Bauer-Griffin/GC Images/Getty ImagesJodie Turner-Smith opted for a bustier and printed dress as a devilish cowgirl. Rachpoot/Bauer-Griffin/GC Images/Getty ImagesKyle MacLachlan's pickleball match appeared to have gone dangerously wrong. Rachpoot/Bauer-Griffin/GC Images/Getty ImagesParis Hilton as Britney Spears' iconic blue flight attendant outfit from the "Toxic" music video. Rachpoot/Bauer-Griffin/GC Images/Getty Images
Persons: Barbie, Greta Gerwig’s, Lister, Megan Fox, Bill ”, Edward Norton, David Beckham, Britney Spears, Austin Butler, Andy Warhol, Kaia Gerber, Edie Sedgwick, Cindy Crawford, Sandy Olsson, Presley Gerber, Raoul Duke, Rande Gerber, Danny Zuko, Matt Winkelmeyer, Halsey, Bauer, Griffin, Jodie Turner, Smith, Shauna Robertson, Michael Kovac, Kelly, Kyle MacLachlan's pickleball, Max, Betty Boop, Michael Loccisano, Justin Bieber, Hailey Bieber, Rachpoot, Kelsea Ballerini, Gilbert Carrasquillo, Lori Harvey, Lara Croft, Paris Hilton, Hilton, Katy Perry, Demi Lovato, Brett, Jason Oppenheim, Sabrina Carpenter Organizations: CNN, Los Angeles, Paris Hilton, Netflix, Victoria, Paris Locations: ’ New York, London, Los, Las Vegas
I thought pantyhose were dead, but now it seems as if they are being treated as the equivalent of actual pants. Are we really supposed to believe the pantyhose-instead-of-pants look I see on social media is going to be a trend? The fashion world became so attached to the End of Pantyhose that editors famously went to shows in February with bare legs and high heels, snow be damned. Then, in September 2022, Matthieu Blazy of Bottega Veneta sent a navy crew neck down his runway paired with only dark hose and heels. Just a few months later, Miuccia Prada largely tossed pants and skirts out the window in her Miu Miu show, subversively matching her librarian cardigans and beatnik polo necks with sheer hose and coordinating undies.
Persons: pantyhose, — Susan, Allen Gant Sr, Matthieu Blazy, Bottega Veneta, Miuccia Prada, Miu Miu, cardigans, Prada, Edie Sedgwick, Andy Warhol’s, Emma Corrin Locations: Vancouver, Bottega
Peak oil demand refers to the point in time when the highest level of global crude demand is reached, which will be immediately followed by a permanent decline. This would theoretically decrease the need for investments in crude oil projects and make them less economical as other energy sources take over. "Such narratives only set the global energy system up to fail spectacularly," OPEC Secretary General Haitham al-Ghais said in a Sept. 14 statement. The IEA's roadmap calls for daily oil demand to be slashed by 25% in seven years' time. 'We all strive for the same thing'OPEC leaders, meanwhile, point to continuing yearly increases in oil demand, particularly from major emerging markets like China and India.
Persons: Leonard Ortiz, It's, Haitham, Ghais, Claudio Descalzi, Steve Sedgwick, Descalzi Organizations: MediaNews, Orange, Getty, International Energy Agency, OPEC, IEA, Abu Dhabi International Petroleum Exhibition Conference, Abu Dhabi International Progressive Energy Conference, United, Eni Locations: Huntington Beach , California, United Arab Emirates, UAE, OPEC, China, India
Inpex CEO discusses 'various pathways' for the energy transition
  + stars: | 2023-10-02 | 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 EmailInpex CEO discusses 'various pathways' for the energy transitionTakayuki Ueda, Inpex CEO, speaks to CNBC's Dan Murphy and Steve Sedgwick about the energy transition in Asia, especially regarding costs.
Persons: Takayuki Ueda, CNBC's Dan Murphy, Steve Sedgwick Organizations: Inpex Locations: Asia
They're pouring more money into Hollywood-style entertainment but want streamers to share more data. An industry effort is underway to standardize measurement of brand films. Brands are joining the chorus of content producers and creators demanding more audience data from Hollywood entertainment giants. Without transparency from the streamers, brands and their agencies rely on other measurements, some quantitative, some qualitative — typically a mix of things like critical reviews, social chatter, earned media, and sentiment. Most streamers don't show viewership data, so "you never really know how many people saw it," said Marc Gilbar, who leads Imagine's brands division.
Persons: Saint Laurent, who've, Gamble —, Brian Newman, REI, Hulu doesn't, Kyra Sedgwick, Paolo Mottola, Mottola, Megan Wells, who's, Ron Howard, Brian Grazer's, Marc Gilbar, Kimberly Doebereiner, Doebereiner Organizations: Hollywood, Brands, Pepsi, Companies, Procter, HBO, Unilever, Netflix, Hulu, Sundance Film, Brand Storytelling, G Studios Locations: Hollywood
The "sick man of Europe" moniker has resurfaced in recent weeks as manufacturing output continues to stutter in the region's largest economy and the country grapples with high energy prices. It "has to do with the automobile industry, which is the heart of the German industry and many things hinge on that," he said. Germany reported a foreign trade deficit for the first time in decades in May 2022, totaling 1 billion euros ($1.03 billion). Plunge in business sentimentSinn said investor doubts about the feasibility of Germany's sustainability goals also play into the description of the country as the "sick man of Europe." Uncertainty about energy prices has likely contributed to a "plunge" in business sentiment, Holger Schmieding, chief economist at Berenberg, wrote in the note.
Persons: Hans, Werner Sinn, Sinn, CNBC's Steve Sedgwick, Thomas Lohnes, Berenberg, Holger Schmieding Organizations: European Central Bank, Getty, Ambrosetti, Berenberg Locations: Germany, Europe, Italy, Ukraine, Frankfurt, Saudi Arabia
European bank shares dropped significantly in August after a surprise announcement from the Italian government for a new tax. Italy's shock tax on banks continues to prove controversial, even as the government insists it can improve it. "It's a very stupid law," Carlo Calenda, national secretary of the Azione political party, told CNBC over the weekend. Italy's Economy Minister Giancarlo Giorgetti said at Ambrosetti that the bank tax "can certainly be improved upon...but I do not accept that it is considered an unfair tax," according to Reuters. Antonio Tajani, the country's foreign minister and leader of the centre-right Forza Italia party, said the government is stable and the bank tax is not creating tensions.
Persons: Carlo Calenda, Italy's, CNBC's Steve Sedgwick, Giancarlo Giorgetti, Antonio Tajani, CNBC's Sedgwick Organizations: CNBC, House Ambrosetti, Brothers, Italy's, Reuters, Forza Italia Locations: Rome, Italy, Europe, Ambrosetti
Many Italian parties are against Rome's participation in China's Belt and Road Initiative, Antonio Tajani, the country's foreign minister said Saturday, ahead of a critical decision on whether to quit the project. Under the agreement the two parties can end the deal after five years, otherwise the partnership gets extended for another five-year term. Tajani, however, did not confirm any specific time for when Italy will unveil its final decision on whether to continue in the Belt and Road Initiative. In this moment the countries without the Belt and Road Initiative, the European countries, are working better than us. For this, Italy will decide if [to] stay or not [to] stay in the Belt and Road Initiative.
Persons: Antonio Tajani, Rome, Mario Draghi, Tajani, Steve Sedgwick Organizations: Initiative, European Central Bank, Ambrosetti, Italy Locations: Italy, Beijing, Rome, China
Europe is facing the impact of a "double crisis," but the region can avoid a recession, Paolo Gentiloni, the European Commissioner for economic affairs, told CNBC on Saturday. "I think we are we facing the impact of the double crisis," Gentiloni said in reference to the geopolitical impact from Russia's full-scale invasion of Ukraine and the subsequent economic hit to the European continent. Russia's invasion of Ukraine in February last year sparked serious fears in Europe that the region would enter a significant economic slowdown. The euro area, in the end, grew at a rate of 3.5% in 2022, according to the International Monetary Fund. "The slowing down started from the last quarter of 2022 and it is there, but please don't call this a recession, because I think we can avoid a recession, we are avoiding recession," he said.
Persons: Paolo Gentiloni, Gentiloni, CNBC's Steve Sedgwick Organizations: CNBC, International Monetary Fund, Ambrosetti Locations: Europe, Ukraine, U.S, Germany, Russia, China
Mattel's Barbie is just one of many big brands getting serious about making Hollywood-style entertainment. "Barbie" may be the movie of the summer, but lots of other big brands are getting serious about making Hollywood-style entertainment. Brands are also getting more systematic about tracking the projects' outcome so they can justify the cost. Neutrogena: Neutrogena Studios launched in 2021 and is J&J Consumer's first brand-funded content studio to make feature documentaries and scripted shorts. Showtime/PepsiPepsiCo: PepsiCo's Content Studio is led by veteran PepsiCo marketer Lou Arbetter.
Persons: Barbie, Ron Howard, Brian Grazer's, Oscar, Michael Sugar, Brian Newman, REI, Michael Sugar's, Jae Goodman, Lauren Denowitz, Coke, Brian Grazer, Ron Howard's, Selman Careaga, John Deere, Mara Downing, Al Roker, Jill Wilfert, Robbie Brenner, J.J, Abrams, Lena Dunham, Barney, Daniel Kaluuya, J, Sebastian Garcia, Laurie Hernandez, Matt Damon, Ben Affleck's, Entertainment —, Justin Biskin —, Howard, Lou Arbetter, Max, Robert Rodriguez, Nadia Hallgre, Stanley Nelson, Arbetter, It's, Procter, Kimberly Doebereiner, Paolo Mottola, Kyra Sedgwick, Watiti, Saint Laurent, Anthony Vaccarello, Saint, Pedro Almodóvar, Ethan Hawke, Pedro Pascal, it's, Paolo Sorrentino, David Cronenberg, Kelly Mullen, Bryce Dallas Howard, Lena Waithe, WePresent, Holly Fraser, Moses Sumney, Solange Knowles, Riz Ahmed, Aneil, Fraser Organizations: Hollywood, Procter, Gamble, Brands, Unilever, InBev, Waffle Iron Entertainment, draftLine Entertainment, Netflix, Coca Cola, Entertainment, Global, Deere, Warner Bros, Warner Brothers, Universal Studios, Mattel, Neutrogena Studios, Studio, Kerry, Seattle Film, Ghetto Film, HBO Nike, Nike, Waffle, Apple, HBO, Showtime, Pepsi PepsiCo, PepsiCo, Pepsi Super, Pepsi, G Studios, Imagine, Amazon's, Hulu, Paramount, Blue Fox Entertainment, Saint Laurent Productions, Unilever Entertainment, Imagine Entertainment, Monotype Locations: Hollywood, Kerry Washington, American, Cannes, Britain
Mike Green | CNBCThe Federal Reserve "didn't do their homework" and mischaracterized the spike in inflation that has plagued the U.S. economy over the last two years, according to Nobel Prize-winning economist Joseph Stiglitz. The Fed didn't start hiking rates until March 2022 and Chair Jerome Powell repeatedly insisted that inflation was "transitory," indicating that it could be easily tamed. watch nowInstead, Stiglitz said that the price rises were often driven by other factors, such as a shortage of key components like semiconductor chips. In an effort to drag inflation back down towards its 2% target, the Fed has now hiked interest rates 11 times in total to a target range of 5.25%-5.5%, the highest level for more than 22 years. American auto companies forgot to put in orders for chips, and for want of a chip, you can't make a car."
Persons: Mike Green, Joseph Stiglitz, Jerome Powell, Stiglitz, CNBC's Steve Sedgwick Organizations: CNBC, Federal, Fed Locations: U.S
With Warhol's permission, Mr. Ekstract took them to a commercial printer, who made a second set of self-portraits, following Warhol’s directions given over the phone. As part of the deal, one of the portraits would appear in Mr. Ekstract’s new magazine, Tape Recording. To celebrate the magazine’s debut, Mr. Ekstract, with characteristic flair, threw a party on abandoned rail tracks underneath the Waldorf Astoria hotel. Despite ample documentation about its origins, when Mr. Simon-Whelan asked to have the work authenticated by the Warhol Foundation, his request was denied multiple times. He sued, and in 2010, after the foundation had spent $7 million in legal fees, Mr. Simon-Whelan gave up, having run out of money to continue.
Persons: Warhol, Edie Sedgwick, Hoberman, Ekstract, Joe Simon, Whelan, Simon Organizations: New York Times, Warhol Foundation
Here’s what it takes to become an ‘It Girl’ today
  + stars: | 2023-08-29 | by ( Diana Pearl | ) edition.cnn.com   time to read: +8 min
Today, it’s a job in and of itself — one that, to do successfully, requires a team behind you. Richie Grainge had been working as a model for years, and was also known as the little sister of 2000s It girl Nicole Richie. Madison McGaw/BFA.com/ShutterstockGetty has all the makings of a classic It girl — famous family, beautiful looks, a distinct sense of style. “It takes a different kind of confidence to be a little more quiet and still be noticed,” said Baruch. “Even if you have the tools and are following all the calculations of what it takes to be an It girl, it still might not pop,” said Delmonte.
Persons: aren’t, they’re, Clara Bow —, it’s, Andy Warhol, Edie Sedgwick, Bianca Jagger, Carolyn Bessette, Kennedy, Alexa Chung, Jagger, , Jeni Rose, That’s, Sofia Richie Grainge, she’s, Jo Malone, Richie Grainge’s nuptials, Liat Baruch, Richie Grainge’s, that’s, We’ve, Anne Hathaway, Erin Walsh, Valentino minidress, Richie Grainge, Nicole Richie, Robyn DelMonte, Ivy Getty, J, Paul Getty, Madison McGaw, Shutterstock Getty, Savannah Engel, , , ” Getty, Engel, Federica Parruccini, ” Parruccini, Getty, Hailey Bieber, Rose, John Springer, It’s, influencers, Baruch Organizations: The, Fashion, CNN, Cannes Film, Vogue, San, &, Cannes, Rhode Locations: South, France, Maybelline, Los Angeles, San Francisco, Savi,
CNN —Four Australian surfers who went missing after their boat was struck by a storm in a remote part of Indonesia have been rescued after more than 38 hours at sea, according to parents of the missing tourists. A further search picked up Australian Elliot Foote, however one Indonesian crew member remains missing. A second boat with the rest of the party successfully reached Pinang Island Sunday evening, the families said, helping to raise the alarm. According to their families, the four Australians were on a surf trip in Indonesia to celebrate Foote’s 30th birthday. Indonesia has long been a popular destination for Australian tourists thanks to its proximity and a wealth of budget flights to places like Bali.
Persons: Steph Weisse, Will Teagle, Jordan Short, Elliot Foote, Foote’s, Peter Foote, he’d, , Elliot, ” Peter, “ I’m, He’s, ” Jordan, Wil Teagle, ” Ellie Sedgwick, Steph, , DFAT, Foreign Affairs Penny Wong Organizations: CNN, Four, Australian Department of Foreign Affairs, Trade, Government, Foreign Affairs Locations: Indonesia, Nias, Australia, Bali, Sumatra, Lagundri
The start of hip-hop dates to Aug. 11, 1973, when DJ Kool Herc created continuous break-beats by working two turntables during a party in a rec room at 1520 Sedgwick Ave in the Bronx. On Friday night, exactly 50 years later, a concert was held at Yankee Stadium — roughly a mile and a half from hip-hop’s birthplace — to honor the occasion, featuring Run-DMC, Slick Rick, Ice Cube, Snoop Dogg, Lil’ Kim and Nas. DJ Kool Herc, 68, also appeared onstage to accept an award. “I prefer old-school hip-hop,” Hetep said. He rapped about positivity, and that’s also what my music is about.”In the edited interviews below, attendees reflected on hip-hop’s 50th.
Persons: DJ Kool Herc, , Slick Rick, Snoop Dogg, Lil ’ Kim, Nas, Tupac Shakur, Hetep BarBoy, ” Hetep, , that’s Organizations: Yankee, Locations: Bronx
Was Hip-Hop Really Invented 50 Years Ago?
  + stars: | 2023-08-04 | by ( Dan Charnas | ) www.wsj.com   time to read: 1 min
The music world has been gearing up for Aug. 11, which will be widely celebrated as the 50th anniversary of the birth of hip-hop. The story goes like this: On that date in 1973, in the rec room of an apartment building on Sedgwick Avenue in the Bronx, a teenager named Cindy Campbell threw a party, charging admission to raise money so that she could buy clothes for the coming school year. This gathering, one of many that her brother Clive would DJ as “Kool Herc,” is counted by many as the birth of the yet-nameless genre, in part because Herc is said to have honed its foundational musical impulse there.
Persons: Cindy Campbell, Clive, Kool Herc, , Herc Locations: Sedgwick, Bronx
It's not just Barbie — lots of big brands are getting serious about making Hollywood-style entertainment. Insider identified 13 new and established players making the biggest moves in the space. "Barbie" may be the movie of the summer, but lots of other big brands are getting serious about making Hollywood-style entertainment. Neutrogena: Neutrogena Studios launched in 2021 and is J&J Consumer's first brand-funded content studio to make feature documentaries and scripted shorts. PepsiCo: PepsiCo's Content Studio is led by veteran PepsiCo marketer Lou Arbetter.
Persons: It's, Ron Howard, Brian Grazer's, Oscar, Michael Sugar, Brian Newman, REI, Michael Sugar's, Jae Goodman, Lauren Denowitz, Coke, Brian Grazer, Ron Howard's, Selman Careaga, John Deere, Mara Downing, Al Roker, Jill Wilfert, Ryan Gosling, Margot Robbie, Barbie, Ken, Jaap Buitendijk, Robbie Brenner, J.J, Abrams, Lena Dunham, Barney, Daniel Kaluuya, J, Sebastian Garcia, Laurie Hernandez, Matt Damon, Ben Affleck's, Entertainment —, Justin Biskin —, Howard, Lou Arbetter, Max, Robert Rodriguez, Nadia Hallgre, Stanley Nelson, Arbetter, Procter, Kimberly Doebereiner, Paolo Mattola, Kyra Sedgwick, Watiti, Saint Laurent, Anthony Vaccarello, Saint, Pedro Almodóvar, Ethan Hawke, Pedro Pascal, it's, Paolo Sorrentino, David Cronenberg, Kelly Mullen, Bryce Dallas Howard, Lena Waithe, WePresent, Holly Fraser, Moses Sumney, Solange Knowles, Riz Ahmed, Aneil, Fraser Organizations: Hollywood, Procter, Gamble, Companies, Brands, Unilever, InBev, Waffle Iron Entertainment, draftLine Entertainment, Netflix, Coca Cola, Entertainment, Global, Deere, Warner Bros, Warner Brothers, Universal Studios, Mattel, Neutrogena Studios, Studio, Kerry, Seattle Film, Ghetto Film, HBO Nike, Nike, Waffle, Apple, HBO, PepsiCo, Pepsi Super, Showtime, Pepsi, G Studios, Imagine, Amazon's, Hulu, Paramount, Blue Fox Entertainment, Saint Laurent Productions, Unilever Entertainment, Imagine Entertainment, Monotype Locations: Hollywood, Kerry Washington, American, Cannes, Britain
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