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Billionaire philanthropist Bill Gates has spent the past couple decades warning the general public about ominous issues, from upcoming "climate disasters" to devastating cyberattacks. "A lot of unrest" in today's world could spark "a major war," he tells CNBC Make It. And even "if we avoid a big war ... then, yes, there will be another pandemic, most likely in the next 25 years." "The country that the world expected to lead and be the model fell short of those expectations," Gates says, referring to the United States. While some progress has been made, with increased spending on pandemic preparedness in the U.S. and elsewhere, Gates says the global response hasn't yet been enough.
Persons: Bill Gates, Gates, it's, that'll, Anthony Fauci, Fauci Organizations: CNBC, Netflix, National Institute of Allergy Locations: Gates, United States, U.S
This fuel is set to power the next generation of America’s nuclear reactors — small, modular power stations that are easier and cheaper to build. They require far less upkeep and physical space than the aging fleet of large nuclear power plants. “In order to meet our energy security needs and our climate goals, we do need significantly more nuclear energy deployed.”The nuclear power industry is increasingly looking to smaller reactors, which run on HALEU. The uranium for conventional reactors is enriched up to 5% and HALEU is uranium enriched between 5-20%. Highly enriched uranium is anything more than 20% and is used in weapons or naval submarines.
Persons: , Michael Goff, Bill Gates, , Jeff Navin, , hasn’t, Benjamin Rasmussen, Jeff Chamberlin, Goff, Dan Leistikow, Josh Jarrell, Leistikow, Centrus, TerraPower’s Navin, ” Navin Organizations: CNN, Manhattan Project, National Nuclear Security, US, Energy, of Nuclear Energy, Idaho National Laboratory, Department of Energy, New York Times, United, US Energy Department, Miller, Centrus Energy, Idaho National Laboratories, Idaho National Labs, Energy Department, DOE Locations: Oak Ridge , Tennessee, Oak Ridge, Tenneseee, United States, Russia, Ukraine, Idaho, Wyoming, Kemmerer , Wyoming, Congress
He told CNBC his friend Warren Buffett still goes into the office six days per week. Go to newsletter preferences Thanks for signing up! AdvertisementWith untold fortunes and world-shifting accomplishments in his rearview mirror, Bill Gates isn't yearning for a reprieve from the daily grind. Rather, the 68-year-old billionaire philanthropist wants to continue working at the same pace as long as his health holds up. Gates told CNBC that working less "sounds awful," noting that his friend Warren Buffett "still comes into the office six days a week" — and he hopes to follow in Buffett's footsteps.
Persons: Bill Gates, Warren Buffett, Gates, Organizations: CNBC, Service, Business
That’s because frequent flyer programs have become a crucial part of the airline industry’s profitability. The typical airline passenger probably never thinks about the economics of frequent flyer programs, but the programs have become crucial for airlines to generate the profits needed to stay afloat. United reported a mere $3.2 billion on its other operating line that came primarily on payments to its frequent flyer program. “The airlines’ frequent flyer programs are their lifeblood; they’re the reason the airlines are in business,” said Zach Griff, senior aviation reporter for The Points Guy, a travel site that closely follows the programs. But it’s probably inaccurate to say frequent flyer programs are more valuable than the airlines themselves since actual flights give the programs their intrinsic value, said Andrew Didora, airline analyst with Bank of America.
Persons: cardholders, , Zach Griff, Tom Fitzgerald, TD Cowen, , it’s, Pete Buttigieg, Scott Kirby, Griff, Guy, Andrew Didora, Didora, “ They’re, ” Didora Organizations: New, New York CNN, Delta Air Lines, American Express, American Airlines, Delta, Department of Transportation, United, Airlines, America, Bank of America Locations: New York
Microsoft cofounder Bill Gates knows he's the subject of many a conspiracy theory. He recently told CNET about an encounter he had with a woman who thinks he uses microchips to track people. Gates said he responded, "I really don't need to track you in particular." Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .
Persons: Bill Gates, Gates, , Bill Gates — Organizations: CNET, Service, Netflix, Business
Bill Gates spoke about misinformation in an interview with CNBC. Gates said he has "handed this problem to the younger generation." Go to newsletter preferences Thanks for signing up! AdvertisementMisinformation is one problem Bill Gates won't solve. "Misinformation is the one where I — a little bit — had to punt and say, 'Okay, we've handed this problem to the younger generation,'" Gates, 68, said during an interview with CNBC published on Thursday.
Persons: Bill Gates, Gates, Organizations: CNBC, Service, Business
Warren Buffett has donated more than half his wealth to five foundations since 2006. He's gifted Berkshire Hathaway stock to the Gates Foundation and four of his family's foundations. Go to newsletter preferences Thanks for signing up! AdvertisementWarren Buffett has given more than half his vast fortune to five foundations since 2006. The 94-year-old investor is worth $145 billion thanks to a 15% stake in his Berkshire Hathaway conglomerate.
Persons: Warren Buffett, He's, Berkshire Hathaway, Here's, , Susan, Buffett Organizations: Berkshire, Gates Foundation, Service, Berkshire Hathaway, Business Locations: Berkshire
Bill Gates said he would be billions of dollars poorer if he were in charge of the US tax system. He told the Independent that he wanted a more progressive tax system and estate tax. AdvertisementBill Gates, one of the world's richest people, said he would be much poorer and would have paid way more in taxes if he were in charge of the US tax system. In an interview with the Independent, when asked if he considered himself to be too rich, Gates said: "If I designed the tax system, I would be tens of billion dollars poorer than I am." He said that the US tax system "could be more progressive without significantly damaging the incentive to do fantastic things."
Persons: Bill Gates, Gates, Organizations: Independent, Service
Last week, NFL team owners voted to allow an initial group of private equity firms to acquire up to a 10% stake of a franchise. "This isn't a case where private equity is going to come in and have influence on the franchise." Private equity has been eager to take stakes in sports as team valuations rise, mainly due to ballooning media rights deals. As investors, private equity firms often take management and board roles. Private equity investments typically have a set duration — it can range from three to seven years in many cases — and an expected return.
Persons: Ric Tapia, Steve Pagliuca, Shirin Malkani, Perkins, Anthony Mulrain, Toney, Angela Weiss, Michael Considine, Ellis, Jimmy Haslam, Mulrain, Eric Washington, Robin Alam Organizations: NFL, Los Angeles Rams, Houston Texans, NRG, Getty, National Football League, Bain Capital, CNBC, Washington, Denver Broncos, Carolina Panthers, Holland, Kansas City Chiefs, Philadelphia Eagles, Farm, Afp, National Basketball Association, Major League Baseball, National Hockey League, Major League Soccer, Kirkland, Cleveland Browns, Knight's, Buffalo Bills, Microsoft Locations: Houston, U.S, Glendale , Arizona, Holland
Editor’s Note: Sign up for Unlocking the World, CNN Travel’s weekly newsletter. Get the latest news in aviation, food and drink, where to stay and other travel developments. CNN —In travel news this week: an accidental megadeal on first-class tickets, the world’s best-connected airport and why now is a good time to plan a trip to Europe. Goodbye to EU passport stampsPaper mementoes of our travels, from boarding cards to even passports themselves, are fast moving into obsolescence. Whether you’re off to Greece, Asia or the Middle East, you’ll likely find a use for these 45 best-selling travel accessories.
Persons: Il dolce, , Lucy Laucht, it’s, you’ll, Hell Organizations: CNN, Labor, European Union Schengen Area, Aviation, Australian, Qantas, CNN Travel, Duluth Locations: Europe, Naples, Ischia, Puglia, Amalfi, Hungary, Gresham, Budapest, Stockholm, Greece, Northeast Asia, Abu Dhabi, Asia, Duluth, Minnesota, Duluth , Minnesota, United States, Lake Superior, Japan, Chile
Hosted by Universal , Warner Bros. , Sony and Paramount , studio lot tours showcase the movie-making process from set design and sound recording to costumes and props. Building facades at the Warner Bros. studio lot. Floor to ceiling shelves filled with marble and faux marble busts at Warner Bros.' studio tour prop house. Studio Tour Hollywood Grand Re-Opening at Warner Bros. Studios on June 24, 2021 in Burbank, California. For the first six months of their employment with the studio, these pages serve as studio tour guides.
Persons: Tama, Robert Thompson, Adam Burke, Burke, Thompson, Mayer, Sarah Whitten, Tony Tasset, Oz, bauer, Foley, Gilmore, Harry Potter, Matt Winkelmeyer, Paul Dergarabedian, Alfred Hitchcock's, Truman, Benjamin Button, Steven Spielberg, Gabriel Bouys, King Kong, Allen J Organizations: Getty, Hollywood, Syracuse University, Universal, Warner Bros, Sony, Paramount, Los Angeles Tourism Board, Los Angeles Department of Public Works, Sony Pictures, Metro, Goldwyn, CNBC, Social, Sony Pictures Entertainment, CNBC Warner Bros, Warner Bros ., Fantastic, Studios, Turner, Paramount Studios, Bloomberg, Universal Studios, Afp, Universal Studios Hollywood, York, Los Angeles Times Locations: New York City, Los Angeles, Culver City, Central, Burbank , California, Los Angeles , California, York, Hollywood, New York
Turkmenistan’s flaming ‘Gates of Hell’
  + stars: | 2024-08-30 | by ( Joe Yogerst | ) edition.cnn.com   time to read: +9 min
Darvaza, Turkmenistan CNN —Rarely does an industrial accident develop into a major tourist attraction. Mysterious originsNo one is quite sure when the gas crater opened, apparently because the Soviet-era reports are missing, incomplete or still confidential. Reaching DarvazaThe gas crater lies a four-hour drive north of Ashgabat, the national capital. Located around a five-minute walk from the crater rim, the camp features yurts with beds and chairs, a shaded dining area and porta-potty/outhouse-style toilets. Garagum lies about a 10-minute walk from the crater rim and even closer to a small rocky mount where visitors can snatch a bird’s-eye-view of the Gates of Hell.
Persons: Hell, Joe Yogerst “, , Ged Gillmore, Dylan, wasn’t, George Kourounis, who’s, Kourounis, I’ve, Garagum, , there’s Organizations: Turkmenistan CNN, Central, Geographic, NASA, futon, CNN Travel Locations: Darvaza, Turkmenistan, Soviet, Central Asian, , Central Asia, Canadian, Ashgabat, Iwanami_Photos, Bokurdak, Darwaza, porta, Hell
Where are low-cost airlines cutting back now? New planes
  + stars: | 2024-08-30 | by ( Leslie Josephs | ) www.cnbc.com   time to read: +5 min
In this article SAVEULCCJBLU Follow your favorite stocks CREATE FREE ACCOUNTJetBlue Airways, Spirit Airlines and United Airlines airplanes proceed to gates after landing at Newark Liberty International Airport in Newark, New Jersey on May 30, 2024. Airlines flooded the U.S. with flights this year, driving down fares particularly in the domestic market, where low-cost carriers concentrate, and weighing on carriers' revenue while costs have gone up. Spirit Airlines , JetBlue Airways and Frontier Airlines last posted annual profits in 2019, while larger carriers have returned to profitability. Now, some of those same airlines are dialing back their growth plans and deferring deliveries of new aircraft. Some airlines, like Frontier, have been active in sale-leasebacks, in which they sell planes to generate cash and lease them back.
Persons: Gary Hershorn, Cash, Barry Biffle, Biffle, Joanna Geraghty, , AerCap, Gus Kelly, Eddy Pieniazek, Pieniazek, Alwyn Scott Organizations: JetBlue Airways, Spirit Airlines, United Airlines, Newark Liberty International Airport, Corbis, Getty Images Airlines, Frontier Airlines, roundtrip U.S, Airbus, New York, Pratt & Whitney, JetBlue, Airlines, Aircraft, Boeing, Max, Air Lease Locations: Newark , New Jersey, U.S, Mobile , Alabama
Truth: Most Burners stuck it out through the mud, and showed that Burning Man is really about community spirit. One of my campmates and I peeling trash off the mud on our last day at Burning Man. Anneta Konstantinides/Business InsiderWas it a bit of a bummer we couldn't bike around to all the incredible camps Burning Man has to offer for the last three days? Still, we still made the best of things when the storm hit and completely changed our trip. The celebrities may have fled Burning Man, but we were all still there to clean and celebrate after the storm.
Persons: Anneta, Chris Rock Locations: playa
TERMINI IMERSE, Italy — Prosecutors said there "could be a question of manslaughter" as they opened an investigation into the deaths of seven people after a superyacht sank while anchored off the Sicilian coast Monday. Speaking at a press conference, prosecutor Ambrogio Cartosio said the investigation is not currently directed at any individuals, and is looking into “the crime of culpable shipwreck and multiple manslaughter." New Zealander James Cutfield has already been questioned for more than two hours, and prosecutors said he had been "extremely cooperative." Bad weather was forecast ahead of the sinking, and questions about the weather were also raised by journalists. The body of Recaldo Thomas, a Canadian Antiguan national who was the ship’s cook, was recovered shortly after the accident.
Persons: Italy —, Ambrogio Cartosio, Cartosio, Divers, , Prosecutors, New Zealander James Cutfield, Mike Lynch —, Bill Gates ” —, Hannah, Jonathan Bloomer, Morgan Stanley, Judy, Christopher Morvillo, Neda, Recaldo Thomas Organizations: Italy — Prosecutors, New Zealander, Sky News, Morgan, Morgan Stanley International, Prosecutors Locations: Italy, New York City, Canadian
In 2019, Gates wrote a post titled "Grilling and chilling with Warren." In 2020, Gates wished Buffet a happy 90th birthday. Instead of writing about goofy guys' trips, Gates thanked Buffett for his generous contributions to the Gates Foundation. In 2023, Gates didn't mention Buffett in a single post. And in his 20-plus posts so far in 2024, Gates has only mentioned Buffett once, again focusing solely on philanthropy.
Persons: Gates, Buffett, Bennett Raglin, Warren Organizations: Gates Foundation Locations: Ohama
Read previewThis as-told-to essay is based on a conversation with Shelly Gates, 49, whose Jackson, Mississippi-based interior-decor firm Mary Margaret Designs focuses on college dorm rooms. It started with my daughter's dorm room at Mississippi State in 2020. There was a little "dorm room of the year" contest in one of my mom Facebook groups, and they happened to pick my daughter's room. The study corner of a room Gates designed at Ole Miss. A University of Southern Mississippi dorm room that Gates decorated.
Persons: , Shelly Gates, Mary Margaret Designs, Gates, Shelly Gates I've, Ole, I've, Mizzou, they'll, It's, Shelly Gates I'm Organizations: Service, Business, Mississippi State, Facebook, Mississippi State University, Southern Methodist University, SMU, University of Southern, Ole Miss, Amazon, Ole Locations: Jackson , Mississippi, South, Ole Miss , Mississippi State, University of Southern Mississippi, Bama, Belmont, Arkansas, Ridgeland , Mississippi
Mike Lynch, 59, is the founder of enterprise software firm Autonomy. Dominic Lipinski | PA Images | Getty ImagesDuring the course of the trial, Lynch took the stand in his own defense. He became a key voice supporting the U.K. technology industry, backing key names like cybersecurity firm Darktrace and legal tech firm Luminance. Mike Lynch, founder of software firm Autonomy, at the company's headquarters in, Cambridge, U.K., Aug. 24, 2000. Bryn Colton | Hulton Archive | Getty Images"I keep rare breeds," Lynch told LeadersIn in a 2016 interview.
Persons: Mike Lynch, Hewlett Packard, Chris Ratcliffe, Lynch, , Angela Bacares —, Bacares, Hannah, Bill Gates, Graham Barclay, David Tabizel, Richard Gaunt, Thomas Bayes, Dominic Lipinski, Autonomy's, Stephen Chamberlain, Sushovan Hussain, Hussain, Thoma, Bryn, LeadersIn Organizations: Autonomy, Hewlett, Bloomberg, Getty, LONDON, CNBC, Sky News, Bancroft's, British Industry, University of Cambridge, Lynett Systems, Cambridge, South Yorkshire Police, Cambridge Neurodynamics, HP, U.S, Packard, Prosecutors, Capital Management, Thoma Bravo, BBC, Council for Science, Technology, Forbes, East Anglian Times, The Times Locations: Sicily, U.S, Porticello, Palermo, Italy, Ilford, East London, Chelmsford, English, Essex, Woodford Green, London, Cambridge, Britain, Suffolk, Bryn Colton, England
Hailed as Britain's Bill Gates, Lynch sold Autonomy, his groundbreaking data-management company, to Hewlett-Packard for $11 billion. Shareholders and business commentators were puzzled about what HP, a hardware company, would do with Autonomy, a software company — and why the latter was worth $11 billion. A year after the acquisition, HP wrote down $8.8 billion of the purchase value and accused Lynch of lying about Autonomy's finances. Lynch said HP stifled Autonomy with mismanagement and bureaucracy that pushed out employees and stymied sales. "This verdict closes the book on a relentless 13-year effort to pin HP's well-documented ineptitude on Dr. Lynch," Morvillo said in a joint statement with his attorney colleague Brian Heberlig.
Persons: , Mike Lynch, Bill Gates, Lynch, Sushovan Hussain, Stephen Chamberlain, Chamberlain, Chris Morvillo, Léo Apotheker, Apotheker, Meg Whitman, James B, Stewart, Time Warner, Bryn Colton, Hussain, hadn't, Henry Nicholls, David Cameron, Cameron, Lynch —, Whitman, Apotheker's, Robert Hildyard, Hildyard hadn't, wasn't, that'd, Guglielmo Mangiapane Morvillo, Morvillo, Brian Heberlig, Angela Bacares, Hannah, Charles Morvillo Organizations: Service, Autonomy, Hewlett, Packard, HP, Business, Cambridge University, Cambridge, Oracle, Adobe, Cisco, Shareholders, New York Times, Time, FBI, Deloitte, Telegraph, The New York Times, KPMG, US Justice Department, Justice Department, High Court, REUTERS, BBC, British Museum, Politico, The Times, Times, Bacares Locations: San Francisco, London, California, Kenya, Sicily
Mike Lynch, 59, is the founder of enterprise software firm Autonomy. Lynch, 59, is the founder of enterprise software firm Autonomy. During the trial, Lynch took the stand in his own defense, denying wrongdoing and telling jurors that HP botched Autonomy's integration. "I keep rare breeds," Lynch told LeadersIn during an interview. Weeks before he was reported missing, Lynch told The Times newspaper of how he feared dying in prison if found guilty over the HP allegations.
Persons: Mike Lynch, Hewlett Packard, Chris Ratcliffe, Lynch —, Bill Gates, , Lynch's, Angela Bacares, Hannah —, Morgan, Jonathan Bloomer, Judy, Clifford Chance, Chris Morvillo, Neda, Stephen Chamberlain, Chamberlain's, Lynch, Autonomy's, Chamberlain, Sushovan Hussain, Hussain, David Tabizel, Richard Gaunt, Thoma, LeadersIn, Weeks Organizations: Autonomy, Hewlett, Bloomberg, Getty, LONDON, U.K, Morgan Stanley, Reuters, HP, U.S, Prosecutors, University of Cambridge, Lynett Systems, Cambridge, South Yorkshire Police, Cambridge Neurodynamics, BBC, Council for Science, Technology, Capital Management, Thoma Bravo, Forbes, East Anglian Times, The Times Locations: Sicily, Porticello, Palermo, Italy, Cambridgeshire, England, Britain, U.S, Ilford, East London, Chelmsford, English, Essex, U.K, British, Suffolk
“With 2025 also being the opening of Universal’s Epic Universe, there will likely also be negative impacts on Walt Disney World attendance. Still, the price of Disney tickets today compared to past years prices out some families. The grievance from the fan community is that this used to be free at Disney parks. Transportation from the Orlando airport to Disney World property also used to be included for Disney hotel guests, but that service has been discontinued. Munsil said the Disney parks are “expensive, yes, but there’s nothing else on Earth like them.”
Persons: CNN —, Raymond James, Hugh Johnston, Josh D’Amaro, ” D’Amaro, D’Amaro, , , Gary Hershorn, Tom Bricker, ” Bricker, Bricker, Don Munsil, Munsil, Mindy Marzec, ” Munsil, Victoria Wade, ” Wade, Wade Organizations: CNN, CNN — Disney, Disney, Walt Disney Parks and Resorts, Pixar, Corbis, , Walt Disney, Walt Disney World, “ Star, Busch, Transportation, Food, Disney Food, Magic, Universal Studios, Magic Kingdom Locations: Orlando, Anaheim , California, Wakanda, California, Florida
Read previewIf your idea of Spain is eating paella, dancing flamenco, and improving your Spanish, Catalonia might surprise you. The main language in Catalonia is CatalanAlthough Spanish is the most common language and almost everyone is bilingual, Catalan is the main language outside Barcelona. Catalan paella is different from what you find in the rest of the country. Catalan paella is dark brown in color, much more seafood heavy, and never contains vegetables. You'll want to branch out into Catalan winesMany people think of rioja when they think of Spanish wine.
Persons: , we'd, you'd, Nicola Prentis, There's, paella, Rice, sommelier, Champagne ., it's, Caga, haven't, It's Organizations: Service, Business, Catalans, La, UNESCO Intangible Cultural Heritage Locations: Spain, Catalonia, Barcelona, Madrid, Girona, Catalan, Spanish, Valencia, mayo, Cava, rioja, La Rioja, Priorat, Tarragona, Champagne
Mr. Pierce wanted to show off a property that he described as “the most important passion in my life”: a once-glamorous beachside resort that he had recently bought for more than $15 million. In its heyday, the resort, a W Hotel, boasted a 6,000-square-foot spa, restaurants run by a Michelin-starred chef and sweeping views of the ocean; it was a key source of tourism jobs in Vieques. Then, in 2017, the hotel was damaged by Hurricane Maria, forcing it to close. Mr. Pierce planned to reopen it, using his crypto riches to revitalize both the glistening property and the local economy. A former child actor, Mr. Pierce knew how to put on a show.
Persons: Brock Pierce, Pierce, Hurricane Maria Organizations: Michelin Locations: Vieques, Puerto Rico
Microsoft cofounder Bill Gates and Apple cofounder Steve Jobs were two of the biggest tech CEOs of their time. While they at times were both friend and foe, Gates admired and envied Jobs' magnetism, a new book says. Gates has previously said he was "jealous" of Jobs' ability to captivate an audience. AdvertisementBill Gates and Steve Jobs were some of the most influential tech leaders of their time while at the helm of Microsoft and Apple respectively. Gates has spoken of his admiration for Jobs' magnetic persona and ability to woo a crowd, and a new book reveals further details about Gates' envy of the late Apple cofounder.
Persons: Bill Gates, Steve Jobs, Gates, envied, , Jobs, Anupreeta Das Organizations: Service, Microsoft, Apple, New York Times, Macworld, Business
Bill Gates often visited Warren Buffett to escape his tightly scheduled life, a new book says. Gates's workday was meticulously planned, with activities broken into five-minute increments. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Every moment of the 68-year-old Microsoft cofounder's workday was meticulously planned.
Persons: Bill Gates, Warren Buffett, , Anupreeta Das Organizations: Gates Foundation, Service, Microsoft, New York Times, Business
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