Big brands like K-Swiss and Nike are jumping on the esports bandwagon

K-Swiss’ One-Tap sneaker K-SwissK-Swiss has launched a limited-edition sneaker designed specifically for esports players, with the brand claiming the $125 shoe is the first of its kind. Created in collaboration with esports firm Immortals Gaming Club (IGC), the “One-Tap” shoe promises to enhance esports players’ performance. Big brand backingAlthough K-Swiss claimed its One-Tap is the first-ever esports shoe, big brands are increasingly homing in on clothing and merchandise opportunities in comp


K-Swiss’ One-Tap sneaker K-SwissK-Swiss has launched a limited-edition sneaker designed specifically for esports players, with the brand claiming the $125 shoe is the first of its kind. Created in collaboration with esports firm Immortals Gaming Club (IGC), the “One-Tap” shoe promises to enhance esports players’ performance. Big brand backingAlthough K-Swiss claimed its One-Tap is the first-ever esports shoe, big brands are increasingly homing in on clothing and merchandise opportunities in comp
Big brands like K-Swiss and Nike are jumping on the esports bandwagon Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-19  Authors: chloe taylor
Keywords: news, cnbc, companies, brands, nike, sponsorship, jumping, gaming, audience, big, players, esports, onetap, bandwagon, team, reach, kswiss, firm


Big brands like K-Swiss and Nike are jumping on the esports bandwagon

K-Swiss’ One-Tap sneaker K-Swiss

K-Swiss has launched a limited-edition sneaker designed specifically for esports players, with the brand claiming the $125 shoe is the first of its kind. Created in collaboration with esports firm Immortals Gaming Club (IGC), the “One-Tap” shoe promises to enhance esports players’ performance. Esports – or electronic sports – is a form of gaming where individuals or professional teams compete at multiplayer video games. The competitions are gaining traction as spectator sports around the world, with experts estimating esports will generate more than $1 billion in revenue this year. K-Swiss’ slip-on sneaker features lightweight, flexible material with an elasticated closure for a “snug fit,” as well as a venting unit to make it breathable in warmer climates, and a wool-lined insole that can be inserted to make the shoes feel warmer. Gamers can also fold down the sneakers’ heels for a “slipper-like feel for the long hours during a match or practice.” One-Tap shoes are styled in black and silver, the colors of Made in Brazil – an IGC team that competes professionally in the online game “Counter-Strike: Global Offensive.” A Brazilian crest also features on the foldable heel.

Barney Waters, president of K-Swiss, told CNBC via email on Wednesday that half of the One-Tap stock was sold within the first hour of the product launch on Wednesday. “Gaming content on (livestreaming platform) Twitch has more viewers than HBO, Netflix, Hulu and ESPN combined, and the viewership of some of the big esports tournaments are double the viewing audience of the NBA Finals,” he said. “There is a massive reach, and it’s among young men, the hardest to reach demographic.” That view was backed up by Eric Haggstrom, forecasting analyst at eMarketer, who told CNBC Wednesday that esports was becoming increasingly attractive to advertisers because of its audience. “Viewers typically have a very high income and often don’t consume other digital media that’s supported by advertising, or they use ad blockers. They’re difficult to reach in other ways,” he said in a phone call. “We’re seeing a lot of growth in advertising on these events and it’s becoming more diverse – big companies like Coca-Cola and Verizon (have got involved). It’s really beginning to mirror actual sports in terms of who’s advertising.” However, Jodie Fullagar, managing director of M&C Saatchi Sport and Entertainment, said Thursday many brands were still ignoring the “potential audience gold mine.” “Marketers above the age of 35 are unfamiliar with esports – it post-dates their youth and they are skeptical of its influence,” she said. “The eSports industry needs to do a better job of convincing brands to invest by mining and packaging data in the way that is familiar and compelling to traditional marketers.”

Billion-dollar industry

According to a 2018 report by Goldman Sachs, 167 million people watched esports last year, and its audience is predicted to grow to 276 million by 2022. The report estimated that monetization opportunities from esports would be worth nearly $2.7 billion in three years’ time, with 40% of that revenue being generated by media rights and 35% through sponsorship deals. Peter Warman, CEO and co-founder of gaming and esports research firm Newzoo, told CNBC the global esports audience will reach 453.8 million people this year, generating $1.1 billion in revenue — a year-on-year increase of 26.7%.

“As a business, esports is now entering a new and critical phase toward maturity,” he said in an email. “Big investments have been made, new league structures have been launched, sponsorship budgets have moved from experimental to continuous, and international media rights trade is starting to heat up.” However, he noted that esports player salaries had “soared” and viewership still relied on a select number of teams and franchises, making profitability and return on investment a challenge for the industry.

Big brand backing

Although K-Swiss claimed its One-Tap is the first-ever esports shoe, big brands are increasingly homing in on clothing and merchandise opportunities in competitive gaming. Earlier this month, Brazilian esports organization Furia announced a sponsorship deal with Nike. The deal, which includes a new uniform for Furia’s “Counter-Strike: Global Offensive” team, will be a multi-year contract. Nike also has a sponsorship deal with TJ Sports – a joint venture between Chinese videogames firms Tencent and Riot Games – that will see the firm’s League of Legends Pro League team exclusively compete in Nike clothing until 2022. Athleticwear brand Champion has also entered the online gaming scene, introducing its first ever esports line in May. The company worked with esports firm Ntwrk to design jerseys, hoodies and T-shirts complete with team branding, all of which are being sold by Footlocker.

Celebrating eSports and some of the most storied teams within the gaming world.

The #Champion x #eSports Collection launches 5/2, In-Store and Online#ChampionESports pic.twitter.com/OOpMIIE64E — Foot Locker (@footlocker) April 30, 2019

In Europe, soccer team Paris Saint-Germain (PSG) offers merchandise specifically for esports fans, including jerseys worn by its own professional esports players. The club also sells branded gaming chairs that were “conceived to fit the needs of the professional players from the PSG esports team during their long gaming sessions.” Meanwhile, Adidas signed a sponsorship deal with Danish esports firm North last year. As well as being able to invest in K-Swiss’ One-Tap, esports fans can purchase a range of quirky products to make gameplay more comfortable.

When you need to Nintendo Switch, harder. pic.twitter.com/IR5aEYDh9B — Jake Kazdal (@Jkooza) January 2, 2018

Japanese consumers can buy a neck stand for their Nintendo Switch to enable hands-free gaming, while Danish company Envavo sells a “Heatbuff” designed to prevent cold hands from hampering performance in “critical moments” of gameplay.


Company: cnbc, Activity: cnbc, Date: 2019-07-19  Authors: chloe taylor
Keywords: news, cnbc, companies, brands, nike, sponsorship, jumping, gaming, audience, big, players, esports, onetap, bandwagon, team, reach, kswiss, firm


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Buckingham Palace is hiring a live-in chef — and the salary might surprise you

Buckingham Palace is looking for an “ambitious and qualified” royal chef to prepare meals in the Queen’s kitchen. The annual salary on offer will be at least £22,076 ($27,629) before tax, although if the successful candidate chooses to accept an offer of live-in accommodation and meals, that figure would be adjusted downward. The new chef will work five days out of seven from Monday to Sunday. While the position is based in Buckingham Palace, it will also involve traveling to other royal residen


Buckingham Palace is looking for an “ambitious and qualified” royal chef to prepare meals in the Queen’s kitchen. The annual salary on offer will be at least £22,076 ($27,629) before tax, although if the successful candidate chooses to accept an offer of live-in accommodation and meals, that figure would be adjusted downward. The new chef will work five days out of seven from Monday to Sunday. While the position is based in Buckingham Palace, it will also involve traveling to other royal residen
Buckingham Palace is hiring a live-in chef — and the salary might surprise you Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-19  Authors: chloe taylor
Keywords: news, cnbc, companies, livein, palace, meals, buckingham, surprise, offer, days, salary, qualified, hiring, work, job, candidate, chef, royal


Buckingham Palace is hiring a live-in chef — and the salary might surprise you

Buckingham Palace is looking for an “ambitious and qualified” royal chef to prepare meals in the Queen’s kitchen.

The annual salary on offer will be at least £22,076 ($27,629) before tax, although if the successful candidate chooses to accept an offer of live-in accommodation and meals, that figure would be adjusted downward.

According to the job advertisement, the full-time role also comes with benefits that include 33 paid days off per year (including public holidays) and access to “a range of recreational facilities.” The new chef will work five days out of seven from Monday to Sunday.

While the position is based in Buckingham Palace, it will also involve traveling to other royal residences.

The job post states that the right candidate will have a clear passion for food and the catering industry, be at their best working in a team, and work “hands-on” to deliver extraordinary service.

“As you’d expect, standards are exceptionally high here, and every day is busy, so you’ll need to be an ambitious and qualified chef,” it says.


Company: cnbc, Activity: cnbc, Date: 2019-07-19  Authors: chloe taylor
Keywords: news, cnbc, companies, livein, palace, meals, buckingham, surprise, offer, days, salary, qualified, hiring, work, job, candidate, chef, royal


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Kids now dream of being professional YouTubers rather than astronauts, study finds

A young boy wears an astronaut costume in the parking lot of the Smithsonian National Air and Space Museum April 17, 2012. Today’s kids are three times more likely to aspire toward a career as a YouTuber rather than an astronaut, according to a new study. Almost a third of the kids in the survey said they wanted to be a YouTuber when they grew up, while 11% said they wanted to be an astronaut. More than half of those in China said they wanted to be an astronaut, making it the most popular career


A young boy wears an astronaut costume in the parking lot of the Smithsonian National Air and Space Museum April 17, 2012. Today’s kids are three times more likely to aspire toward a career as a YouTuber rather than an astronaut, according to a new study. Almost a third of the kids in the survey said they wanted to be a YouTuber when they grew up, while 11% said they wanted to be an astronaut. More than half of those in China said they wanted to be an astronaut, making it the most popular career
Kids now dream of being professional YouTubers rather than astronauts, study finds Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-19  Authors: chloe taylor
Keywords: news, cnbc, companies, young, kids, uk, wears, finds, youtubers, youtuber, children, china, professional, astronaut, dream, wanted, career, astronauts, study


Kids now dream of being professional YouTubers rather than astronauts, study finds

A young boy wears an astronaut costume in the parking lot of the Smithsonian National Air and Space Museum April 17, 2012.

Today’s kids are three times more likely to aspire toward a career as a YouTuber rather than an astronaut, according to a new study.

Toy production firm Lego surveyed 3,000 children between the ages of eight and 12 from the U.S., the U.K. and China, as well as 326 parents who had children aged between five and 12.

Almost a third of the kids in the survey said they wanted to be a YouTuber when they grew up, while 11% said they wanted to be an astronaut.

However, the responses varied depending where children were from. More than half of those in China said they wanted to be an astronaut, making it the most popular career aspiration.

In the U.S. and the U.K., that number fell to just over 10%, with vlogger (video blogger) or YouTuber ranked as the top aspiration in both countries.


Company: cnbc, Activity: cnbc, Date: 2019-07-19  Authors: chloe taylor
Keywords: news, cnbc, companies, young, kids, uk, wears, finds, youtubers, youtuber, children, china, professional, astronaut, dream, wanted, career, astronauts, study


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Google suspends Viagogo from advertising over trust concerns

Ticket resales company Viagogo has been suspended from advertising globally on Google’s search engine. Google took action on Thursday after concluding that the Swiss firm was in breach of its advertising policy, basing its decision on advice from advertising regulators. While Viagogo will not be able to advertise on Google, its suspension will not apply to organic search results. Google told CNBC via email that it would be suspending advertisements from Viagogo from Thursday. Cris Miller, Managi


Ticket resales company Viagogo has been suspended from advertising globally on Google’s search engine. Google took action on Thursday after concluding that the Swiss firm was in breach of its advertising policy, basing its decision on advice from advertising regulators. While Viagogo will not be able to advertise on Google, its suspension will not apply to organic search results. Google told CNBC via email that it would be suspending advertisements from Viagogo from Thursday. Cris Miller, Managi
Google suspends Viagogo from advertising over trust concerns Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-18  Authors: chloe taylor
Keywords: news, cnbc, companies, breach, trust, tickets, viagogo, concerns, told, ticket, google, policies, googles, suspends, company, advertising


Google suspends Viagogo from advertising over trust concerns

Ticket resales company Viagogo has been suspended from advertising globally on Google’s search engine.

Google took action on Thursday after concluding that the Swiss firm was in breach of its advertising policy, basing its decision on advice from advertising regulators. While Viagogo will not be able to advertise on Google, its suspension will not apply to organic search results.

The U.K.’s Competition and Markets Authority (CMA) announced earlier this month that it was moving forward with legal proceedings against Viagogo. The company faces contempt of court charges for allegedly failing to comply with a court order that demanded it overhaul its practices.

According to the CMA, Viagogo has not done enough to alter the way it sells products, and therefore is in breach of U.K. consumer protection law. It accused the company of using misleading ticket availability messages, failing to warn people that certain tickets may not guarantee entry to an event, and not displaying seat numbers for some tickets.

Google told CNBC via email that it would be suspending advertisements from Viagogo from Thursday.

“When people use our platform for help in purchasing tickets, we want to make sure that they have an experience they can trust,” a spokesperson from Google said. “This is why we have strict policies and take necessary action when we find an advertiser in breach.”

Cris Miller, Managing Director of Viagogo, told CNBC on Thursday that the firm was “extremely surprised” to learn of Google’s concerns.

“We are confident that there has been no breach of Google’s policies and look forward to working with them to resolve this as quickly as possible,” he said via email.

In early 2018, Google updated its policies to ensure that resellers could not claim to be official ticket vendors, and resellers must now provide a breakdown of ticket prices across fees and taxes before payments are taken.

Last year, Google removed 2.3 billion adverts found to be in breach of its policies or the law.


Company: cnbc, Activity: cnbc, Date: 2019-07-18  Authors: chloe taylor
Keywords: news, cnbc, companies, breach, trust, tickets, viagogo, concerns, told, ticket, google, policies, googles, suspends, company, advertising


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

This wealthy European nation has the most potential for future growth, researchers say

Switzerland has more potential for economic growth than any other country in the world, according to new research. In its fifth annual ranking of global economic growth potential released on Monday, management consultancy KMPG analysed two decades’ worth of data, measuring how 180 countries performed across 26 metrics. The metrics fell into one of five categories: macroeconomic stability, openness, quality of infrastructure, quality of institutions, and human development. Switzerland, despite al


Switzerland has more potential for economic growth than any other country in the world, according to new research. In its fifth annual ranking of global economic growth potential released on Monday, management consultancy KMPG analysed two decades’ worth of data, measuring how 180 countries performed across 26 metrics. The metrics fell into one of five categories: macroeconomic stability, openness, quality of infrastructure, quality of institutions, and human development. Switzerland, despite al
This wealthy European nation has the most potential for future growth, researchers say Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-16  Authors: chloe taylor
Keywords: news, cnbc, companies, ranking, economic, world, say, levels, growth, openness, researchers, nation, quality, future, european, wealthy, netherlands, potential


This wealthy European nation has the most potential for future growth, researchers say

Switzerland has more potential for economic growth than any other country in the world, according to new research.

In its fifth annual ranking of global economic growth potential released on Monday, management consultancy KMPG analysed two decades’ worth of data, measuring how 180 countries performed across 26 metrics.

The metrics fell into one of five categories: macroeconomic stability, openness, quality of infrastructure, quality of institutions, and human development.

Switzerland, despite already being a well-developed and wealthy nation, was awarded the highest score in the ranking, meaning it was most likely to see strong productivity levels (high levels of economic output) which would boost overall growth. The Netherlands and Singapore followed close behind.

While Swiss infrastructure, institutions and openness scored highly in KPMG’s ranking, the report said that education — a metric that fell under the human development category — was an area that needed attention.

“Switzerland scores below peers such as Germany, Netherlands, Finland and Denmark,” Yael Selfin, chief economist at KPMG in the U.K., told CNBC via email. “It will take up to 10 years for improvements in education to feed into the labor market, and it would therefore be good to also focus on improving workers’ skills through on-the-job training.”

Switzerland was recently named the best place in the world to live and work by HSBC, with 80% of people who had relocated to the country saying they were happy with its economic climate. According to the OECD, the small European nation had one of the world’s strongest economies in 2018.


Company: cnbc, Activity: cnbc, Date: 2019-07-16  Authors: chloe taylor
Keywords: news, cnbc, companies, ranking, economic, world, say, levels, growth, openness, researchers, nation, quality, future, european, wealthy, netherlands, potential


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

European stocks close flat following euro zone, China data; Thomas Cook plunges 60%

European stocks closed flat on Friday as investors reacted to new Chinese trade data and euro zone industrial production figures. The pan-European Stoxx 600 was in positive territory at the closing bell, chemicals stocks leading the gains with a 1.2% climb while autos recovered from an early fall to trade 0.8% higher. An official report Friday revealed that China’s exports fell less than expected in June, with dollar-denominated exports falling 1.3% from the same period a year ago. EU statistics


European stocks closed flat on Friday as investors reacted to new Chinese trade data and euro zone industrial production figures. The pan-European Stoxx 600 was in positive territory at the closing bell, chemicals stocks leading the gains with a 1.2% climb while autos recovered from an early fall to trade 0.8% higher. An official report Friday revealed that China’s exports fell less than expected in June, with dollar-denominated exports falling 1.3% from the same period a year ago. EU statistics
European stocks close flat following euro zone, China data; Thomas Cook plunges 60% Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-12  Authors: chloe taylor elliot smith, chloe taylor, elliot smith
Keywords: news, cnbc, companies, zone, euro, thomas, cook, trade, stocks, stock, production, month, expected, following, european, plunges, flat, data, period, billion


European stocks close flat following euro zone, China data; Thomas Cook plunges 60%

European stocks closed flat on Friday as investors reacted to new Chinese trade data and euro zone industrial production figures.

The pan-European Stoxx 600 was in positive territory at the closing bell, chemicals stocks leading the gains with a 1.2% climb while autos recovered from an early fall to trade 0.8% higher. Health care was the worst performing sector, shedding 1.3%.

An official report Friday revealed that China’s exports fell less than expected in June, with dollar-denominated exports falling 1.3% from the same period a year ago. Economists polled by Reuters had expected a 2% decline on the back of the ongoing trade war with the U.S.

Euro zone industrial production rose more than expected in May, data showed on Friday, offsetting declines over the past two months and defying gloomy forecasts caused by prolonged trade tensions. EU statistics agency Eurostat said euro zone factory output grew by 0.9% in May on the month, exceeding modest market expectations of a 0.2% rise.

Daimler stock was down 0.6% by the end of the session, after the German carmaker warned investors to expect a second-quarter loss before interest and taxes of 1.6 billion euros ($1.8 billion) after a 2.6 billion euro profit posted in the same period last year.

Meanwhile, Deutsche Bank shares received a welcome reprieve, rising 2.5% after UBS became the first broker to upgrade the German lender’s stock following a mass restructuring effort.

Investors are also processing mixed messages from the U.S. Federal Reserve after Chairman Jerome Powell kept the focus Thursday on global risks which could trigger a rate cut this month, while colleagues from regional Fed districts painted a rosier picture of continued U.S. growth and a solid business outlook.


Company: cnbc, Activity: cnbc, Date: 2019-07-12  Authors: chloe taylor elliot smith, chloe taylor, elliot smith
Keywords: news, cnbc, companies, zone, euro, thomas, cook, trade, stocks, stock, production, month, expected, following, european, plunges, flat, data, period, billion


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

European stocks close lower after IMF calls for ECB stimulus

European stocks closed lower on Thursday after the IMF said the euro zone economy faces rising risks stemming from trade tensions, Brexit and Italy. In a report published on Thursday afternoon, the International Monetary Fund (IMF) also called for fresh stimulus from the ECB. “Directors agreed that monetary policy should remain accommodative until inflation is sustainably converging to the ECB’s objective,” it said. Sewing is seeking shareholder backing for a massive 7.4 billion euro ($8.4 billi


European stocks closed lower on Thursday after the IMF said the euro zone economy faces rising risks stemming from trade tensions, Brexit and Italy. In a report published on Thursday afternoon, the International Monetary Fund (IMF) also called for fresh stimulus from the ECB. “Directors agreed that monetary policy should remain accommodative until inflation is sustainably converging to the ECB’s objective,” it said. Sewing is seeking shareholder backing for a massive 7.4 billion euro ($8.4 billi
European stocks close lower after IMF calls for ECB stimulus Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-11  Authors: chloe taylor elliot smith, chloe taylor, elliot smith
Keywords: news, cnbc, companies, close, financial, brexit, stocks, stock, tax, calls, testimony, lower, imf, monetary, ecb, bank, european, british, trade, stimulus, billion


European stocks close lower after IMF calls for ECB stimulus

European stocks closed lower on Thursday after the IMF said the euro zone economy faces rising risks stemming from trade tensions, Brexit and Italy.

In a report published on Thursday afternoon, the International Monetary Fund (IMF) also called for fresh stimulus from the ECB.

“Directors agreed that monetary policy should remain accommodative until inflation is sustainably converging to the ECB’s objective,” it said. “They welcomed the recent extension of forward guidance to help achieve a sustained pickup in inflation. Targeted macroprudential policies could be used to address any financial stability risks.”

The pan-European Stoxx 600 was in negative territory at the closing bell, with all major bourses in the red.

Stateside, the Dow Jones Industrial Average rallied to a record high on Thursday, lifted by health insurance stocks after the White House dropped a proposal to eliminate drug rebates.

Stocks on Wall Street were also lifted by Wednesday’s testimony by Federal Reserve Chair Jerome Powell, which signaled that easier monetary policy could be implemented later this month.

Powell told the House Financial Services Committee in a prepared testimony on Wednesday that the central bank will “act as appropriate” to sustain expansion as “crosscurrents” are weighing on the economic outlook.

Back in Europe, the Bank of England’s Financial Stability Report on Thursday suggested that British banks hold enough capital to cope with the simultaneous risks of a no-deal Brexit and a global trade war, but warned that a slide in overseas investment into some British assets due to Brexit does pose a risk to the wider economy.

France’s Senate approved a tax on the revenues of tech giants like Google, Amazon and Facebook on Thursday, defying a warning from the U.S. Trade Representative Robert Lighthizer said Wednesday that President Donald Trump has ordered a probe into whether the planned “digital services” tax is an unfair trade practice that targets U.S. companies.

In corporate news, Deutsche Bank shareholders will have the opportunity to grill CEO Christian Sewing on how he plans to deliver on the German lender’s revenue growth targets during a global roadshow. Sewing is seeking shareholder backing for a massive 7.4 billion euro ($8.4 billion) restructuring program. Deutsche Bank shares were up 0.9% on Thursday.

Swiss Re has suspended the $4.1 billion IPO (initial public offering) of its U.K. life insurance business due to market conditions. The reinsurance giant’s stock pared early losses to end the session around the flatline.

In terms of individual stock performance, German packaging manufacturer Gerresheimer topped the Stoxx 600, jumping 13.7% after reporting a strong second quarter, with net income more than doubling.

At the other end of the table, British online supermarket Ocado saw its shares fall 6% during afternoon trade, after U.S. retailer Kroger announced that the two companies would invest $55 million in a “customer fulfillment center” in Georgia, an automated warehouse facility with digital and robotic capabilities.

Swiss chemical company Sika shed 4% after UBS downgraded the stock from “neutral” to “sell.”


Company: cnbc, Activity: cnbc, Date: 2019-07-11  Authors: chloe taylor elliot smith, chloe taylor, elliot smith
Keywords: news, cnbc, companies, close, financial, brexit, stocks, stock, tax, calls, testimony, lower, imf, monetary, ecb, bank, european, british, trade, stimulus, billion


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

San Francisco to be as hot as Portugal and NYC like Virginia Beach by 2050, scientists say

San Francisco could be as hot as Portugal and New York would feel like Virginia Beach by 2050 if the findings of a major new climate change study are correct. New York City’s climate would be up to 4 degrees warmer in 2050, resembling Virginia Beach as it is today, and Seattle will be closer to San Francisco in 2019. In Europe, cities were expected to be 3.5 degrees warmer in summer and 4.7 degrees warmer in winter by 2050. “If carbon emissions remain unabated … the costs of climate change under


San Francisco could be as hot as Portugal and New York would feel like Virginia Beach by 2050 if the findings of a major new climate change study are correct. New York City’s climate would be up to 4 degrees warmer in 2050, resembling Virginia Beach as it is today, and Seattle will be closer to San Francisco in 2019. In Europe, cities were expected to be 3.5 degrees warmer in summer and 4.7 degrees warmer in winter by 2050. “If carbon emissions remain unabated … the costs of climate change under
San Francisco to be as hot as Portugal and NYC like Virginia Beach by 2050, scientists say Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-11  Authors: chloe taylor
Keywords: news, cnbc, companies, degrees, temperature, warmer, scientists, francisco, 2050, cities, world, nyc, san, portugal, conditions, virginia, today, say, beach, climate, change, hot


San Francisco to be as hot as Portugal and NYC like Virginia Beach by 2050, scientists say

San Francisco could be as hot as Portugal and New York would feel like Virginia Beach by 2050 if the findings of a major new climate change study are correct.

Researchers from thinktank The Crowther Lab assessed how 520 cities around the world would look by 2050 in an “optimistic scenario,” where the implementation of policies will have stabilized CO2 emissions and the mean global temperature will have increased by 1.4 degrees Celsius.

In the U.S., Washington, D.C. would have a climate like modern-day Nashville by 2050, the analysis found, while San Francisco’s climate will be more like the current climate in Portuguese capital Lisbon. New York City’s climate would be up to 4 degrees warmer in 2050, resembling Virginia Beach as it is today, and Seattle will be closer to San Francisco in 2019.

London’s climate would be more akin to Barcelona today, the report predicted, while Madrid’s will be closer to modern-day Marrakech.

The analysis showed that more than three-quarters of cities around the world will experience “a striking change of climate conditions,” even in the optimistic scenario. Researchers claimed that one in five cities – including Kuala Lumpur, Jakarta, and Singapore – are likely to exist in a climatic conditions that don’t currently exist on the planet today, with wild swings between drought and heavy rainfall.

Although tropical regions will experience smaller changes in temperature, their wettest months will become 5% wetter and their driest months 14% drier, according to the analysis. Droughts in the region will become more severe, the report claimed.

The most dramatic shift is predicted for cities with northern latitudes, which would see their climates in 2050 resembling the current conditions in cities more than 600 miles to their south.

In Europe, cities were expected to be 3.5 degrees warmer in summer and 4.7 degrees warmer in winter by 2050.

“If carbon emissions remain unabated … the costs of climate change under a business as usual scenario will exceed $12 trillion by 2050,” the report’s authors said. “We believe that it is through this comparison with current cities and their known struggles with their climate conditions that the need to act becomes tangible.”

Climate change has been flagged as an urgent issue that poses a social and economic threat.

The UN warns that without action, the world’s average surface temperature is likely to surpass 3 degrees Celsius this century.

Earlier this year, a World Economic Forum survey identified extreme weather events and the failure to mitigate climate change as two of the biggest global risks.

Meanwhile, IMF chief and nominee for the European Central Bank presidency Christine Lagarde previously warned: “If we don’t do anything about climate change now, in 50 years’ time we will be toasted, roasted and grilled.”


Company: cnbc, Activity: cnbc, Date: 2019-07-11  Authors: chloe taylor
Keywords: news, cnbc, companies, degrees, temperature, warmer, scientists, francisco, 2050, cities, world, nyc, san, portugal, conditions, virginia, today, say, beach, climate, change, hot


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Workers value a strong company culture over higher pay, study claims

Most people believe a strong company culture will make them happier at work than earning a high salary, according to new research. Although corporate culture was a priority for the majority of respondents, it mattered more to younger adults, Glassdoor’s findings showed. Two-thirds of British millennials ⁠— those aged between 18 and 34 ⁠—⁠ ranked culture above salary, while half of U.K. workers aged over 45 prioritized culture first. In the U.S., 65% of millennials valued company culture more tha


Most people believe a strong company culture will make them happier at work than earning a high salary, according to new research. Although corporate culture was a priority for the majority of respondents, it mattered more to younger adults, Glassdoor’s findings showed. Two-thirds of British millennials ⁠— those aged between 18 and 34 ⁠—⁠ ranked culture above salary, while half of U.K. workers aged over 45 prioritized culture first. In the U.S., 65% of millennials valued company culture more tha
Workers value a strong company culture over higher pay, study claims Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-11  Authors: chloe taylor
Keywords: news, cnbc, companies, culture, uk, higher, workers, value, salary, adults, strong, company, pay, job, values, glassdoors, study, claims


Workers value a strong company culture over higher pay, study claims

Most people believe a strong company culture will make them happier at work than earning a high salary, according to new research.

Global jobs website Glassdoor surveyed more than 5,000 adults in the U.S., the U.K., France and Germany throughout June to determine their priorities when it came to job satisfaction.

According to the study, 56% of workers ranked a strong workplace culture as more important than salary, with more than three-in-four workers saying they’d consider a company’s culture before applying for a job there.

Although corporate culture was a priority for the majority of respondents, it mattered more to younger adults, Glassdoor’s findings showed.

Two-thirds of British millennials ⁠— those aged between 18 and 34 ⁠—⁠ ranked culture above salary, while half of U.K. workers aged over 45 prioritized culture first. In the U.S., 65% of millennials valued company culture more than a high income, compared to 52% of Americans over the age of 45.

When considering a new job, the vast majority of workers would also take an organization’s values into account ⁠— 73% of Glassdoor’s respondents would not apply to a company unless its values aligned with their own.

Meanwhile, two-thirds of employees said their firm’s culture was one of the main reasons for staying in their job. Just over 70% of adults from all four countries said they would look for a role elsewhere if their current company’s culture deteriorated, with that proportion rising to 74% among U.S. workers.

“A common misperception among many employers today is that pay and work-life balance are among the top factors driving employee satisfaction,” said Andrew Chamberlain, Glassdoor’s chief economist, in a press release Thursday.

“Instead, employers looking to boost recruiting and retention efforts should prioritize building strong company culture and value systems, amplifying the quality and visibility of their senior leadership teams and offering clear, exciting career opportunities to employees.”


Company: cnbc, Activity: cnbc, Date: 2019-07-11  Authors: chloe taylor
Keywords: news, cnbc, companies, culture, uk, higher, workers, value, salary, adults, strong, company, pay, job, values, glassdoors, study, claims


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

How a single mom of four switched careers to land a six-figure salary

After separating from her husband in June, single mom Shannon Lance found herself suddenly needing to earn enough to support four children. Lance began her job search after completing an intensive 14-week program with Washington-based Coding Dojo. Just six days after beginning her job hunt, Lance secured a six-figure offer from travel expenses firm SAP Concur. “I was (previously) a teacher and had a bunch of professional experience that gave me soft skills which helped land the job,” she said. H


After separating from her husband in June, single mom Shannon Lance found herself suddenly needing to earn enough to support four children. Lance began her job search after completing an intensive 14-week program with Washington-based Coding Dojo. Just six days after beginning her job hunt, Lance secured a six-figure offer from travel expenses firm SAP Concur. “I was (previously) a teacher and had a bunch of professional experience that gave me soft skills which helped land the job,” she said. H
How a single mom of four switched careers to land a six-figure salary Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-07-10  Authors: chloe taylor
Keywords: news, cnbc, companies, learning, switched, experience, program, single, work, salary, mom, coding, land, careers, job, didnt, career, lance, sixfigure


How a single mom of four switched careers to land a six-figure salary

After separating from her husband in June, single mom Shannon Lance found herself suddenly needing to earn enough to support four children. “I have a teaching degree but (teaching) won’t pay the bills for a family of five – it’s just not an option,” she told CNBC. “I thought about nursing, but the biggest drawback was that it required going back to school for two years to get another degree – I didn’t have two years, I have kids and bills to pay.” Despite being a self-confessed technophobe, Lance decided to learn computer coding after a suggestion from her brother-in-law, taking the plunge into an entirely new career path. Lance began her job search after completing an intensive 14-week program with Washington-based Coding Dojo. Just six days after beginning her job hunt, Lance secured a six-figure offer from travel expenses firm SAP Concur. In an interview with CNBC, she shared her tips on achieving success in a new career.

Value your ‘soft skills’

Although a career change can set you back in terms of direct industry experience, Lance urged others not to underestimate the value of basic core capabilities that appeal to employers — like strong communication or leadership skills. “I was (previously) a teacher and had a bunch of professional experience that gave me soft skills which helped land the job,” she said. “(That was) combined with having just coming out of a great program which gave me all the right tech skills.”

Be willing to learn

As well as considering how your skillset could be transferred to a new industry, Lance told CNBC that having the right attitude was a real asset when it came to landing a job with no direct experience. She said she was upfront about what she could and couldn’t do, taking the approach: “I don’t know a lot about it, but I do know a little bit – and I’m willing to learn more.” According to Lance, embracing those knowledge gaps and showcasing a desire for self-improvement could be just as valuable as experience to some employers. “For the job I got, the company was starting a new team that would be using new technology, so we’d all be learning whether they hired somebody with experience or not,” she said. “They wanted people who were capable of learning quickly and who could work and learn under pressure. Going through Coding Dojo proved I had those capabilities and that desire to keep learning.”

Work your own way

Although Lance didn’t feel intellectually limited while learning to code, she said comparing her own pace of work to others’ sometimes led to unnecessary frustration and could impact her confidence. “One challenge was the amount of time it took to get through everything. I don’t think I had trouble with the actual program, but I didn’t have any tech background, so every assignment would take me one and a half times as long as everyone else,” she told CNBC. “Some of the people in my group had played on computers since they were 12 — so the assignments only took 20 to 30 minutes for them to complete.” She said it was important to find your own way to get work done, rather than sticking to the chronological or seemingly “correct” method. Her coding program was organized into three sections, and when she initially attempted to do each assignment in order, Lance found herself falling behind. “I’d have to skip forward and go back again – that’s not a good strategy,” she said. Instead, she got through all of the reading and learning materials for each topic before attempting to complete an assignment. “Make sure you do the reading and homework way before you start struggling with (graded assignments and technical work),” she said. “And make sure you allow yourself enough time outside of class to get stuff done.” Lance also advised those considering a career change not to overestimate their own academic ability. “I was pretty good in school and didn’t have to study a lot,” she said. “I went into Coding Dojo thinking I could get it done quicker, underestimating how much time it would consume. (You have to let it) take as long as it takes.”

Seek support to switch career


Company: cnbc, Activity: cnbc, Date: 2019-07-10  Authors: chloe taylor
Keywords: news, cnbc, companies, learning, switched, experience, program, single, work, salary, mom, coding, land, careers, job, didnt, career, lance, sixfigure


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post