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Meanwhile, the world's richest countries pledged to contribute to a fund that would help developing countries deal with climate disasters. Since construction began in 2015, Bhadla Solar Park has slowly grown to cover an enormous 5,700-hectare desert site with solar panels. Sustainable financeThe park was built in four phases, with each field of solar panels larger than the last. "Transmission lines take about ten times as long to build as it takes to put up solar panels," Mukherjee said. "When you see technology costs dropping, sometimes precipitously like they have with solar panels, then the opportunity to do more just grows and grows."
Disney shares spike after Bob Iger returns to CEO post
  + stars: | 2022-11-21 | 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 EmailDisney shares spike after Bob Iger returns to CEO postRosenblatt Securities Analyst Barton Crockett and Guggenheim Analyst Michael Morris join 'Squawk on the Street' to discuss the return of Bob Iger as Disney CEO, the factors leading to this decision, and the potential outcomes for Disney.
What Disney could look like back in the hands of Bob Iger
  + stars: | 2022-11-21 | 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 EmailWhat Disney could look like back in the hands of Bob IgerMorris Mark, Mark Asset Management founder and managing partner, joins 'Squawk on the Street' to discuss Bob Iger's return to Disney, board sentiment about his return, and Disney's plan to generate capital from streaming.
The advanced chips are what we want to focus on as those represent the big risk to the current world order should they fall into the wrong hands. As a result, it is simply too risky to allow China to continually gain an increasing controlling position over the semiconductor manufacturing process. For this reason, we think that as painful as it may be in the near term, the U.S. isn't wrong to block advancement in China. Lastly, don't forget, thanks to the latest restrictions, U.S. citizens risk losing their citizenship should they choose to help China pursue its advanced chip production goals. Along with these defensive actions, we are pleased to see more domestic support for the semiconductor industry.
TAIPEI, Nov 21 (Reuters) - Taiwanese chipmaker TSMC is planning to produce chips with advanced 3-nanometre technology at its new factory in the U.S. state of Arizona but the plans are not completely finalised yet, the company's founder Morris Chang said on Monday. Taiwan Semiconductor Manufacturing Co Ltd (TSMC) (2330.TW), , a major Apple Inc (AAPL.O) supplier and the world's largest contract chipmaker, is constructing a $12 billion plant in Arizona. Chang, speaking to reporters in Taipei after returning from the APEC summit in Thailand, said the 3-nanometre plant would be located at the same Arizona site as the 5-nanometre plant. "It has almost been finalised - in the same Arizona site, phase two. [1/3] Taiwan's APEC representative and TSMC founder Morris Chang speaks at a news conference after his return to Taipei, Taiwan November 21, 2022.
CNN —Reality TV Stars Julie and Todd Chrisley were sentenced to prison in federal court Monday. In addition, they were found guilty of several tax crimes, including attempting to defraud the Internal Revenue Service. Judge Eleanor L. Ross sentenced Todd Chrisley to 12 years in prison with three years of supervised release. His wife Julie Chrisley was sentenced to seven years in prison and three years of supervised release. In a short statement to CNN in June, one of Todd Chrisley’s attorneys, Bruce Morris, said they were, “disappointed in the verdict” and planned to appeal.
TAIPEI, Nov 21 (Reuters) - Taiwan told its representative there was no need to avoid Chinese President Xi Jinping at the APEC summit in Thailand, the envoy said on Monday, leading to a rare encounter at a time when China has been stepping up military pressure. "Certainly, the presidential office had said to me if there was an opportunity there was no need to avoid a meeting or a greeting. That was the only instruction," Morris Chang told reporters in Taipei on his return from Bangkok. The Asia-Pacific Economic Cooperation (APEC) grouping has traditionally been one of the few forums where China and Taiwan talk, even if just in passing to exchange pleasantries. Taiwan participates at APEC as "Chinese Taipei", the name it also uses to participate in the Olympics and some other events.
CNN Business —Taiwan Semiconductor Manufacturing Company plans to bring its most advanced technology to Arizona, the founder of the chip giant said Monday. Super-advanced semiconductor chips — like the ones produced by TSMC — are an indispensable part of everything from smartphones to washing machines. Advances in chip manufacturing require etching ever-smaller transistors on to silicon wafers. Chang said its plant in Arizona will produce 3-nanometer chips, TSMC’s most advanced technology. Experts have warned that any disruption to Taiwan’s chip supply could paralyze production of key equipment, impacting almost everyone in the world.
[1/3] Taiwan's APEC representative and TSMC founder Morris Chang speaks at a news conference after his return to Taipei, Taiwan November 21, 2022. REUTERS/Ann WangTAIPEI, Nov 21 (Reuters) - Taiwanese chipmaker TSMC is planning to produce chips with advanced 3-nanometre technology at its new factory in the U.S. state of Arizona but plans are not completely finalised yet, the company's founder Morris Chang said on Monday. TSMC (2330.TW), did not immediately respond to a request for comment. Chang, speaking after attending the APEC summit in Thailand where he was Taiwan's representative, has retired from TSMC, the world's largest contract chipmaker, but he remains influential in the chip industry. Reporting by Ben Blanchard; Editing by Edmund KlamannOur Standards: The Thomson Reuters Trust Principles.
American Music Awards 2022: See the winners list
  + stars: | 2022-11-20 | by ( Dan Heching | ) edition.cnn.com   time to read: +4 min
CNN —The 50th American Music Awards are taking place on Sunday night at the Microsoft Theater in Los Angeles. Elton John, first nominated for an AMA in 1974, is now regarded as the longest-recognized artist in the awards show’s history. Taylor Swift led the pack with three AMA wins ahead of broadcast, including best female country artist. Below is a list of nominees for this year’s American Music Awards. The list will be updated with winners in bold throughout the broadcast, along with the winners from non-televised categories.
A massive snowstorm in Buffalo has caused the NFL to move Sunday's Bills and Browns game to Detroit. On Friday, the Bills shared photos of Highmark Stadium buried in snow. The Bills Mafia shared reaction to the announcement on Twitter and pitched in to help Bills players. By the next day, Highmark Stadium was buried in a thick blanket of snow. The team took to social media to share evidence of the storm, and their fans — known as the Bills Mafia — weren't pleased.
After the "Flintstones" campaign, the McRib cult following grew, and every year or two, McDonald's would bring it back for a limited time. Diehard fans took that opportunity to stock up and get their fill because they never knew when it would return. A McRib sign is seen at a McDonald's restaurant on November 3, 2010 in San Francisco, California. David Paul Morris/Getty Images)
watch nowHome sales declined for the ninth straight month in October, as higher interest rates and surging inflation kept buyers on the sidelines. Sales of previously owned homes dropped 5.9% from September to October, according to the National Association of Realtors. The October reading put sales at a seasonally adjusted, annualized pace of 4.43 million units. There were 1.22 million homes for sale at the end of October, an decrease of just under 1% both month-to-month and year-over-year. That's a 3.3-month supply at the current sales pace.
[1/5] A general view outside of the Queen Sirikit National Convention Center venue during the Asia-Pacific Economic Cooperation (APEC) summit, at Asoke Junction, in Bangkok, Thailand November 17, 2022. The United States will be the APEC host in 2023. CHINA PRESIDENT XI JINPINGXi met Japanese Prime Minister Fumio Kishida in Bangkok on Thursday for talks. RUSSIA FIRST DEPUTY PRIME MINISTER ANDREI BELOUSOVBelousov will represent President Valadmir Putin at APEC. PAPUA NEW GUINEA PRIME MINISTER JAMES MARAPEMarape will hold meetings with U.S. State Secretary Antony Blinken.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Stock World Cup: Berkshire Hathaway vs Reliance Industries — who wins? In CNBC's Stock World Cup challenge, George Ball of Sanders Morris Harris weighs in on which conglomerate – Berkshire Hathaway or Reliance Industries – will give investors a greater total return over the next 12 months.
The decrease in diagnoses "does not mean these cancers are suddenly less common," said study leader Allison Oakes of data analytics company Trilliant Health in Brentwood, Tennessee. By the end of 2021, screening rates had rebounded but were still below pre-pandemic levels, researchers reported in JAMA Oncology. Ongoing analysis of 2022 data suggests screening rates in 2022 are unlikely to have improved dramatically, Oakes said. The issue appears to go beyond cancer testing, the study found. "Not only are people missing their annual cancer screenings, but they are using less primary care," Oakes said.
Premarket stocks: Wall Street bonus outlook is grim
  + stars: | 2022-11-16 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +6 min
New York CNN Business —Ferragamo belt-buckles are being tightened across Wall Street as bankers prepare for a gloomy bonus season. “This is a canary in the coalmine for the economy, if the canary dies that’s not good for anybody,” said Johnson. In recent years, Amazon has gradually been growing its footprint in the health care sector. Earlier this year, Amazon agreed to acquire One Medical, a membership-based primary care service, for $3.9 billion. The big picture: Amazon isn’t the only Big Tech company attempting to cash-in on a chunk of the health care industry.
Here are Tuesday's biggest calls on Wall Street: Loop reiterates Apple as buy Loop said it sees macro headwinds building for Apple. Morgan Stanley reiterates Tesla as overweight Morgan Stanley said investors should buy the dip in shares of Tesla. Morgan Stanley names CBOE a top pick Morgan Stanley said the global markets company has a compelling entry point. Barclays reiterates Amazon as overweight Barclays said it sees a favorable risk/reward for Amazon shares right now. " AMZN shares remain out of favor heading into peak holiday season owing to its sub-seasonal revenue guide and AWS deceleration."
Nov 15 (Reuters) - Nominations for the music industry’s Grammy Awards were announced during a livestreamed program at the Grammy Museum on Tuesday. The following is a list of nominations in key categories. RECORD OF THE YEAR“Don't Shut Me Down” - ABBA“Easy On Me” - Adele“BREAK MY SOUL” - Beyonce“Good Morning Gorgeous” - Mary J. Blige“Woman” - Doja Cat“Bad Habit” - Steve LacyALBUM OF THE YEAR“Voyage” - ABBA“30” - Adele“Un Verano Sin Ti” - Bad Bunny“RENAISSANCE” - Beyonce“Good Morning Gorgeous (Deluxe)” - Mary J. Blige“In These Silent Days” - Brandi Carlile“Music Of The Spheres” - Coldplay“Mr. (Let's Go)” - Hitkidd & GloRilla“The Heart Part 5” - Kendrick LamarBEST ROCK PERFORMANCE“So Happy It Hurts” - Bryan Adams“Old Man” - Beck“Wild Child” - The Black Keys“Broken Horses” - Brandi Carlile“Crawl!” - Idles“Patient Number 9” - Ozzy Osbourne Featuring Jeff Beck“Holiday” - TurnstileBEST COUNTRY ALBUM“Growin' Up” - Luke Combs“Palomino” - Miranda Lambert“Ashley McBryde Presents: Lindeville" - Ashley McBryde“Humble Quest” - Maren Morris“A Beautiful Time” - Willie NelsonThe 2023 Grammy’s will take place in Los Angeles at the Crypto Arena on Feb. 5. Reporting by Danielle Broadway Editing by Bill BerkrotOur Standards: The Thomson Reuters Trust Principles.
What's more, Third Point added to its bet on Disney (DIS), owning 1.4 million shares as of Sept. 30, up 40% compared with its position on June 30. That valued the position at roughly $700,000 as of Sept. 30, which is quite small for a multi-billion dollar investment firm like Trian. In August, the firm had reported owning 14.34 million shares as of June 30. They are current as of the reporting date, which for this latest round of disclosures was Sept. 30. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
The burgeoning single-bond ETF space is set to grow this week as investors continue to look for ways to navigate the Federal Reserve's rate hikes. F/m Investments is launching the U.S. Treasury 12-month Bill ETF on Tuesday, president and CIO Alexander Morris told CNBC. The F/m single Treasury funds all have an expense ratio of 0.15%. These funds let investors target narrow parts of the yield curve. With the Fed hiking rates rapidly in 2022, the curve has become inverted, making short-term yields more attractive for many investors.
NBA roundup: Joel Embiid nets career-high 59 in Sixers' win
  + stars: | 2022-11-14 | by ( ) www.reuters.com   time to read: +6 min
Lauri Markkanen had a quiet night with 15 points and 10 rebounds, while Collin Sexton scored 15, Kelly Olynyk chipped in with 14 points and Jarred Vanderbilt added nine points and 10 rebounds. Russell posted a season-high 30 points and a game-high 12 assists, while Towns (29 points, 13 rebounds) and Gobert (15 points, 13 rebounds) also played vital roles. Andre Drummond posted a double-double of 13 points and 11 rebounds, while Patrick Williams (15 points) and Goran Dragic (11) also scored in double figures. Kevin Huerter scored 17 points and Malik Monk added 12 as the Kings won their third consecutive game. Stephen Curry scored 27 points and Andrew Wiggins had 26 for Golden State, which dropped to 0-7 on the road.
Advanced Micro Devices (AMD) is getting some love Monday in the form of upgrades from UBS and Baird, bolstering our recent decision to halt trimming any more of the chip designer's shares. However, AMD, like many of its peers, has been decimated on Wall Street, losing 48% in 2022. In fact, UBS analysts suggest it may even be possible that shipments fell to near zero in September. As a result, they expect the new chip, which marks a significant improvement in performance to accelerate AMD's market share gains. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.
Yet chicken prices fell in October. It may seem counterintuitive that egg and chicken prices moved in opposite directions. The last bout was in 2015, when a record 50.5 million birds were impacted, the CDC said. Elevated egg prices "could last into the first quarter of 2023," Lapp said. 'Broilers' are less affected by flu than 'layers'Meanwhile, chicken prices retreated in October, falling by 1.3% during the month.
CNN —‘Tis the season for wall charts and fans gathering around to pick their starting teams for the 2022 Qatar World Cup. “It’s always difficult when a guy helps you get to the World Cup, he scores three goals in World Cup qualifying and isn’t going to be a part of the program. Again, it’s more about who we did add that we felt good about.”All but one of the 26 will be making their World Cup debut at this year’s tournament and, according to the USMNT, it will be the youngest team to qualify for the World Cup. Octavio Passos/Getty Images Europe/Getty ImagesGhanaManager: Otto AddoThe final squad has not been announced yet. READ: Meet Otto Addo, the coach responsible for guiding some of Europe’s brightest young talents (2021)—–PortugalManager: Fernando SantosThe final squad has not been announced yet.
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