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AdvertisementLate YouTube CEO Susan Wojcicki wrote a blog post weeks before her death about her cancer diagnosis. She was diagnosed in late 2022, with non-small cell lung cancer, the most common form of lung cancer. Women, whose highest cause of cancer death is lung cancer (as opposed to breast cancer) might also be unaware of the risk factors. Lung cancer research is underfundedSinghi said Wojcicki's blog post is an important rallying cry. It's "wild" to him that lung cancer is so under-researched, given that it's also the biggest cause of cancer death worldwide.
Persons: Susan Wojcicki, Wojcicki, Katie Williams, Dennis Troper, Larry Page, Sergey Brin, Eric Singhi, Singhi, Lung, it's Organizations: YouTube, Lung Cancer, Cancer, Environmental Defense Fund, American Lung Association
London CNN —Thyssenkrupp Steel has announced plans to eliminate 11,000 jobs by the end of this decade — about 40% of its workforce — becoming the latest German industrial giant to opt for drastic action to prop up its fortunes. “Increasingly, (global) overcapacity and the resulting rise in cheap imports, particularly from Asia, are placing a considerable strain on competitiveness,” Thyssenkrupp Steel said in a statement. Thyssenkrupp, Germany’s largest steel producer, joins the country’s biggest manufacturer Volkswagen in setting out a major overhaul to cut costs and bolster competitiveness. The German automaker also plans to close at least three factories in its home country and lay off tens of thousands of staff. “Locational weaknesses” include high energy costs, onerous red tape, and outdated physical and digital infrastructure.
Persons: Steel, carmaker Ford Organizations: London CNN, Thyssenkrupp, European, European Commission, Volkswagen, Federation of German Industries, Boston Consulting Group, German Economic Institute Locations: Asia, Ukraine, German, Europe, Germany, United Kingdom, Thyssenkrupp
AdvertisementI followed Ina Garten's recipes for pumpkin, apple, and pecan pie to see which I liked best. The pecan pie tasted like a cocktail, and the apple pie was shockingly simple to throw together. I ended up with extra pumpkin-pie filling, but Garten's buttery crust was the real winner. I sometimes struggle to create a buttery, flaky crust, and my fillings don't always have the right texture. Here's how my day of baking went as I attempted to make Garten's pecan, pumpkin, and apple pies.
Persons: Ina Garten's, I'm, Ina Garten
CNN —The father of an Australian teenager who died from methanol poisoning while on a backpacking holiday has issued a plea to the Laos government to fully investigate his daughter’s death and ensure such incidents don’t happen again. Bianca Jones, 19, was one of six foreign tourists who died in a suspected mass methanol poisoning in Vang Vieng, a popular backpacker destination in northern Laos. Bianca Jones was enjoying a backpacking trip to Laos with her friend when they became severely ill after a night out in Vang Vieng. Foreign tourists float on tubes in a river in Vang Vieng, Laos, on November 19, 2024. Anupam Nath/APA major part of that much-needed revenue comes from towns like Vang Vieng.
Persons: Bianca Jones, , Mark Jones, Bianca’s, , , , Bianca Jones ’, Holly Bowles, ” Jones, ” “, “ We’ll, Simone White, Anne, Sofie Orkild Coyman, Frela Vennervald Sorensen, James Louis Hutson, Colin Ahearn, ” Ahearn, Anupam Nath Organizations: CNN, Nine, Nine News, Lao News Agency, Vientiane Times, Laos Police Immigration Department, Associated Press, Police, Tourism, UNESCO, Initiative, China Railway Locations: Laos, Vang Vieng, British, American, Thailand, Vientiane, Vang Vieng District, Vientiane Times, Vang Vieng’s, Backpacker, Asia, Bali, , Southeast Asia, Vang, Luang Prabang, South Korea, China, Kunming,
Anadolu Agency | Anadolu Agency | Getty ImagesAsia-Pacific markets were set to mostly climb Monday, with investors awaiting Korean central bank's rate decision and India' third-quarter GDP numbers this week. Singapore later in the day will release its inflation figures for October. Economists polled by Reuters expect the headline inflation rate of 1.8%, down from the 2% in the previous month. Other economic data this week include October inflation readings from Australia, due Wednesday, and November inflation numbers from Japan's capital city of Tokyo on Friday. Tokyo's inflation figures are widely considered a leading indicator of nationwide trends.
Organizations: Skyline, Anadolu Agency, Getty, Reuters, Nikkei Locations: Sydney, Australia, Asia, Pacific, India, Singapore, Tokyo, Chicago, Osaka
1 capped his extraordinary season by helping Italy win the Davis Cup for the second straight year, defeating Tallon Griekspoor 7-6(2), 6-2 to secure a 2-0 win over the Netherlands in the final. Italy is also the first nation to retain the Davis Cup since the Czech Republic in 2013. “We are very happy to be back here holding this trophy – it feels like we are in Italy,” Sinner said, per the BBC. “Of course, it’s in the head a little bit,” Sinner added of the case. Italy is only the third nation in the last 30 years to complete the Davis Cup and Billie Jean Cup – formerly Fed Cup – double, per Opta.
Persons: CNN —, Tallon Griekspoor, Matteo Berrettini, Botic van, Sinner, ” Sinner, Manu Fernandez, , Billie Jean King, Billie Jean, Organizations: CNN, Davis, ATP, Tennis Integrity Agency, Doping Agency, Sport, Billie Jean King Cup, Slovakia Locations: Italy, Netherlands, Málaga, Spain, Czech Republic
Barbara Taylor Bradford, one of the world’s best-selling romance novelists, who captivated readers for decades with chronicles of buried secrets, raging ambitions and strong women of humble origins rising to wealth and power, died Sunday. She was 91. She died after a short illness, her publisher, HarperCollins, said on Monday. Beginning with the runaway success of her 1979 debut novel, “A Woman of Substance,” Ms. Bradford’s 40 works of fiction sold more than 90 million copies in 40 languages and were all best sellers on both sides of the Atlantic, according to publishers’ reports. This is a developing story.
Persons: Barbara Taylor Bradford, Ms, Bradford’s Organizations: HarperCollins
AdvertisementTikTok hosted a Los Angeles creator summit focused on long-form content and monetization. The event emphasized high-quality content but notably left out the looming US ban. The company's creator summit in Los Angeles focused on horizontal long-form video, platform monetization, and the power of fandoms. Amanda Perelli/Business InsiderTips TikTok shared with creatorsIn a keynote presentation, Samuels said TikTok was looking for creators who could master storytelling. AdvertisementHigher-quality content also performs better on TikTok's horizontal video tool, TikTok said at the event.
Persons: TikTok, TikTok execs, , I'm, Kim Farrell, TikTok's, Farrell, Melissa Tecson, Norissa Samuels, Tecson, Linqia, Amanda Perelli, Samuels Organizations: YouTube Locations: Angeles, Los Angeles, North America
SAQUON BARKLEY IS UNREAL 💥 This run gives him 255 rushing yards, surpassing his previous single-game rushing high of 189 yards. Barkley’s 70-yard touchdown run on the first play of the second half gave the Eagles a two-score lead the Rams never overcame. His 72-yard touchdown run set the final score. @saquon | #FlyEaglesFly pic.twitter.com/0h0Whzyn49 — Philadelphia Eagles (@Eagles) November 25, 2024Too many mistakes, too much BarkleyIt’s tough for a team to climb out of a hole of its own making, and the Rams dug themselves deep on Sunday night. pic.twitter.com/aJHYbotT2J — Philadelphia Eagles (@Eagles) November 25, 2024Philadelphia’s success is overpowering mistakesSirianni is managing one of the hottest teams in the NFL.
Persons: Jourdan Rodrigue, Brooks Kubena, Zach Powell, Saquon Barkley, Barkley, SAQUON BARKLEY Organizations: Zach Powell Philadelphia Eagles, Los Angeles Rams, Rams, Sunday, Los Angeles, Eagles, OU Locations: Philadelphia, Los, 8 y
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIves: This tech market will be on fire as the AI revolution hits its next phase. Dan Ives, Global Head of Technology Research at Wedbush Securities, discusses the tech sector's strong performance despite NVIDIA's earnings stumble. He upgrades several AI-focused software companies, including Snowflake and Elastic, predicting significant growth driven by the AI revolution.
Persons: Dan Ives Organizations: Global, of Technology Research, Wedbush Securities
Steven Witkoff, the billionaire New York real estate executive whom President-elect Donald J. Trump has named as his special envoy to the Middle East, was in a jam. But there was a two-part rescue of sorts from the kind of real estate angels that New York property investors have increasingly turned to. First, Abu Dhabi’s sovereign wealth fund expanded its stake in the troubled hotel, Park Lane, which sits at the southern edge of Central Park. Then, in an even more crucial move, the Qatar Investment Authority last year dispatched $623 million as a leveraged buyout of Mr. Witkoff and his partners. The transactions — involving two oil-rich sovereign wealth funds from the Middle East — are a hint of the enormous flow of dollars pouring into U.S. real estate firms from entities associated with countries like Qatar, the United Arab Emirates, Saudi Arabia and Kuwait.
Persons: Steven Witkoff, Donald J, Trump, Witkoff’s, Abu, Witkoff Organizations: New, Justice Department, Qatar Investment Authority, Mr, United Arab Locations: New York, Manhattan, Park, Central, Qatar, United Arab Emirates, Saudi Arabia, Kuwait
This article is part of Times Opinion’s Giving Guide 2024. Read more in a note from Times Opinion’s editor, Kathleen Kingsbury. Making a discernible, measurable difference to my wild neighbors is an act of resistance, too. To create a microhabitat that sustains your own wild neighbors, you’ll need to grow the endemic flowers and shrubs and trees they evolved alongside. And those plants evolved to feed some other continent’s creatures.
Persons: Read, Kathleen Kingsbury
The money, known as a Guaranteed Basic Income, is generally awarded for a year or two in monthly payments of $500 to $1,000. To see how the programs are working, we interviewed dozens of participants from a wide range of backgrounds and circumstances. What we found is that a guaranteed income — even a small one — can have a profound impact on people’s lives. To be sure, the guaranteed income isn’t enough to guarantee a better life. “The income makes the pain a little bit more tolerable, but it doesn’t take it completely away.
Persons: Jessica Nairns, , , didn’t, Raven Smith Locations: Austin, Portland
The sustainability theme faces an uncertain future under President-elect Donald Trump, but Morgan Stanley has named a number stocks with major upside. Here are two of Morgan Stanley's top stocks with over 60% upside potential: EDP Renovaveis The investment bank is bullish on EDP Renovaveis and has a target price of 18 euros ($18.68), giving it nearly 66% upside potential. RWE Also on Morgan Stanley's list is German electric utility company RWE , which it describes as a "global leader in renewables." The bank's analyst Rob Pulleyn sees RWE as "oversold on a combination of falling power prices earlier in 2024 and fears around renewables value creation." Morgan Stanley has a target price of 50 euros ($169.50) on the Frankfurt-listed stock, giving it almost 60% potential upside.
Persons: Donald Trump, Morgan Stanley, Morgan, Arthur Sitbon, Sitbon, Rob Pulleyn, — CNBC's Michael Bloom Organizations: Big Tech, Frankfurt Stock Exchange Locations: U.S, Europe, Lisbon, Portugal, Frankfurt
North Korea is providing crucial support to Russia in Ukraine, and is getting favors in return. China is increasingly concerned about the alliance between Kim Jong Un's North Korea and Vladimir Putin's Russia, according to Kurt Campbell, the US deputy secretary of state. AdvertisementMeanwhile, Russia is providing North Korea with economic and diplomatic support. "But the Chinese are waiting for an opportunity where North Korea, Russia, and China can come stronger together, and I think North Korea sending the troops to Russia is a testimony to that." The growing alliance between North Korea and Russia, he said, is a step toward that.
Persons: Kurt Campbell, Kim Jong, Vladimir Putin's, Putin, Campbell, Donald Trump, Ali Wyne, Jagannath Panda Organizations: Center for Strategic, International Studies, Guardian, Russia, Crisis, North, Stockholm Center, South, Pacific Affairs Locations: China, East Asia, North Korea, Russia, Ukraine, Vladimir Putin's Russia, Kursk, DPRK, Pyongyang, Moscow, Beijing, North, South Korea, Korea
New York CNN —Macy’s announced Monday that a single employee was responsible for so many accounting irregularities that the company was forced to delay its quarterly earnings report, which the retailer had planned to release Tuesday. The company recently discovered that the unnamed employee intentionally hid as much as $154 million in expenses over the course of nearly three years, prompting the retailer to conduct an independent forensic accounting investigation. The employee, whom Macy’s said is no longer with the company, “intentionally made erroneous accounting accrual entries” to hide small package delivery expenses. Macy’s did not say why the employee hid the expenses. “At Macy’s, Inc., we promote a culture of ethical conduct,” said Macy’s CEO Tony Spring said in a statement.
Persons: New York CNN — Macy’s, Macy’s, , , Tony Spring, ” Macy’s Organizations: New, New York CNN, Inc Locations: New York, Macy’s
EU challenges Chinese brandy tariffs at WTO
  + stars: | 2024-11-25 | by ( ) www.cnbc.com   time to read: +2 min
The EU Commission said on Monday it had formally brought the provisional anti-dumping measures imposed by China on imports of EU brandy to the World Trade Organization, the latest development amid trade tensions between the two blocs. France's trade ministry said last month it would work with the European Commission to challenge Beijing's tariffs, which came after the European Union voted for duties on Chinese-made electric vehicles. China's commerce ministry said it had received an EU consultation request and would handle the matter according to WTO rules. France, whose producers including LVMH , Remy Cointreau and PernodRicard , export huge amounts of spirits to the Asian country, was seen as the main targets of the brandy tariffs following Paris's outspoken support of the Commission's efforts to protect the domestic EV market. French brandy shipments to China reached $1.7 billion last year and made up 99% of China's imports of the drink.
Persons: LVMH, Remy Cointreau, Emmanuel Macron, Hennessy, Remy Organizations: Trade, EU, World Trade Organization, European Commission, European Union, EV Locations: HAIKOU, CHINA, China, Hainan, Haikou, Hainan Province, France, United States
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSix travelers have died from suspected methanol poisoning in Laos, highlighting larger problem in AsiaSome fourteen people were reportedly sickened following a night out in Vang Vieng around Nov. 12, report CNBC's Monica Pitrelli. Methanol is cheaper than ethanol, which is the alcohol that's normally found in beer, wine and spirits. Odorless and colorless, drinking 30 milliliters of methanol — less than a standard shot — can be fatal. Most incidents occur in Asia, according to Doctors Without Borders.
Persons: CNBC's Monica Locations: Laos, Asia, Vang Vieng
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere isn't a convincing setup to increase exposure to Asia markets now, says Lombard OdierHomin Lee of Lombard Odier says that based on what Trump has promised on the campaign trail, the outlook for Asian markets is negative, but investors should be patient to see what actually comes to pass before making any tactical allocations in their portfolios.
Persons: Lombard, Homin Lee, Lombard Odier, Trump Locations: Asia
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCredit Agricole, Standard Charted and more could follow UniCredit's deal-making spree, JPMorgan saysItalian lender UniCredit on Monday offered to snap up its domestic rival Banco BPM for roughly 10 billion euros ($10.5 billion). Now, Kian Abouhossein, head of European bank equity research suggests that other European banks could also begin deal making.
Persons: UniCredit, Kian Abouhossein Organizations: Credit, JPMorgan, Banco
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLow gas prices are driving holiday travel sentiment, says GasBuddy's Patrick De HaanPatrick De Haan, GasBuddy head of petroleum analysis, joins 'Squawk Box' to discuss gas prices around the holiday season, the change in sentiment from last year, and much more.
Persons: GasBuddy's Patrick De Haan Patrick De Haan, GasBuddy
AdvertisementElon Musk criticized the F-35 program on Sunday. The GAO expects the F-35 program to cost about $2 trillion over its entire lifespan. The billionaire reposted a video montage of coordinated drone swarms on X, writing: "Meanwhile, some idiots are still building manned fighter jets like the F-35." Meanwhile, some idiots are still building manned fighter jets like the F-35 🗑️ 🫠pic.twitter.com/4JX27qcxz1 — Elon Musk (@elonmusk) November 24, 2024It's unclear if Musk intends to use his new position to impact any plans or costs for the F-35, the Pentagon's most expensive fighter program to date. AdvertisementMusk has said before that the US should consider remote-piloted alternatives to manned jets, both to keep up with the rise in drone warfare but also to help Air Force procurement stay competitive.
Persons: Elon Musk, Musk's, Trump, Donald Trump, emoji, Musk Organizations: GAO
Spanish retailer Mango is embarking on a bold expansion plan in the U.S. as it looks to shed its fast-fashion image and position itself as a premium brand. "We have also the opportunity to have bigger stores in the U.S.," he noted, adding Mango will open some multiline stores that feature men's and kids' items. Mango's sales grew more than 10% in the U.S. this year and the company expects to see double-digit growth again next year. The goal is part of a larger strategic plan at Mango focused on growing sales from about 3.1 billion euros annually to 4 billion euros by 2026. We also have 500 people taking care of the product from end to end," said Ruiz.
Persons: Toni Ruiz, Ruiz, Spain's Zara, Japan's Organizations: Sun, CNBC, D.C Locations: U.S, Barcelona, Los Angeles, Mango's, Spain, Pennsylvania, Washington, Massachusetts, Europe
Bitcoin hit a new record high last week, with prices climbing above $99,000 for the first time. CNBC asked analysts for their take on why bitcoin has so far failed to breach the widely-watched $100,000 mark. "There's a ton of leverage in the system right now," Novogratz, a longtime crypto investor, told CNBC's "Squawk Box" on Friday. Novogratz added that he's advocating investors buy "straight bitcoin" rather than bitcoin-exposed plays, such as MicroStrategy which owns a huge, multi-billion-dollar pile of bitcoin in its corporate treasury reserves. Deutsche Bank's Laboure said she thinks the idea of a U.S. national bitcoin is still far off, practically speaking.
Persons: Fernando Gutierrez, Donald Trump, Trump's, hasn't, bitcoin, Andre Dragosch, Bitwise, Bitcoin, Dragosch, Novogratz, CNBC's, David Morrison, Morrison, Marion Laboure, Trump, Gary Gensler —, Deutsche Bank's Laboure, Laboure Organizations: Getty, CNBC, Galaxy Digital, Trade, Deutsche Bank, bitcoin, Trump, Securities, Exchange, Deutsche Locations: Juarez, Europe, U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBig pools of capital are still heavily under-allocated to Bitcoin: Professional Capital's PomplianoAnthony Pompliano, Professional Capital Management founder and CEO, joins 'Squawk Box' to discuss the usage cases for Bitcoin, the fiduciaries trying to reach a certain outcome, and much more.
Persons: Pompliano Anthony Pompliano Organizations: Professional Capital Management
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