Nissan reportedly plans to file for damages against Ghosn in future

Nissan plans to file a civil suit against ousted chairman Carlos Ghosn to claim for damages resulting from alleged misuse of company funds, a person with knowledge of the issue said, which would add to the high profile executive’s legal headaches. Ghosn, who remains chairman and chief executive of Nissan partner Renault, has already been charged with three counts of financial misconduct and has been held at a detention centre in Tokyo for nearly two months. Ghosn denies the charges against him,


Nissan plans to file a civil suit against ousted chairman Carlos Ghosn to claim for damages resulting from alleged misuse of company funds, a person with knowledge of the issue said, which would add to the high profile executive’s legal headaches. Ghosn, who remains chairman and chief executive of Nissan partner Renault, has already been charged with three counts of financial misconduct and has been held at a detention centre in Tokyo for nearly two months. Ghosn denies the charges against him,
Nissan reportedly plans to file for damages against Ghosn in future Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-15  Authors: dimas ardian, bloomberg, getty images
Keywords: news, cnbc, companies, future, suit, ghosn, knowledge, nissans, damages, issue, ghosns, company, nissan, financial, residences, plans, reportedly, file, tokyo


Nissan reportedly plans to file for damages against Ghosn in future

Nissan plans to file a civil suit against ousted chairman Carlos Ghosn to claim for damages resulting from alleged misuse of company funds, a person with knowledge of the issue said, which would add to the high profile executive’s legal headaches.

Ghosn, who remains chairman and chief executive of Nissan partner Renault, has already been charged with three counts of financial misconduct and has been held at a detention centre in Tokyo for nearly two months.

On Tuesday, a Tokyo court denied his request for release on bail, raising the possibility that he may remain in custody for months before his trial begins.

Ghosn denies the charges against him, which include understating his salary for a total of eight years and temporarily transferring personal financial losses on to Nissan’s books.

“The broader investigation (into Ghosn’s alleged financial misconduct) continues to expand, so we will file a suit after that issue has been sorted out,” said a person familiar with the issue who spoke on condition of anonymity due to the sensitivity of the matter.

A civil suit could seek losses related to the alleged use of company funds to pay for the executive’s residences, donations to universities, and payments to a Saudi businessman who is believed have helped Ghosn out of financial difficulties.

Nissan declined to comment on the issue.

Ghosn regularly spent more than 100 days a year flying between Nissan’s headquarters in Yokohama and cities including Paris and had residences in Tokyo, Paris, Rio de Janeiro, Amsterdam and Beirut.

Nissan had been providing those residences to the executive, at a cost of tens of millions of dollars, but people inside the company with knowledge of the issue say the company was only aware that it had been paying rent for Ghosn’s apartment in Tokyo.

Reuters last month reported that payments for some of Ghosn’s residences were portioned out and processed through a Nissan unit in the Netherlands called Zi-A Capital BV and its subsidiaries, which initially had been set up to invest in technology start-ups.

Nissan is reviewing receipts and other financial records to see if purchases of residences and other expenses such as a yacht club membership and donations to universities in Lebanon, Ghosn’s ancestral homeland, had been approved and paid for properly, according to people with knowledge of the issue.

Ghosn’s arrest has sent shockwaves through the auto industry and rocked Nissan’s alliance with Mitsubishi Motors Corp and Renault.

Having been credited for masterminding Nissan’s financial turnaround two decades ago, the executive has since been removed from chairmanship positions at Nissan and Mitsubishi.


Company: cnbc, Activity: cnbc, Date: 2019-01-15  Authors: dimas ardian, bloomberg, getty images
Keywords: news, cnbc, companies, future, suit, ghosn, knowledge, nissans, damages, issue, ghosns, company, nissan, financial, residences, plans, reportedly, file, tokyo


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Getting rid of debt is a pressing issue for Gen X and younger boomers

While the majority of middle-class Americans in their 40s and 50s are saving for retirement, getting rid of debt is a more pressing concern. Among that group, 33 percent say their top savings priority for 2019 is paying off debt, according to a new report from AARP and the Ad Council. That ranked ahead of building up their retirement fund (21 percent) and an emergency fund (11 percent). Even among just 50-somethings, paying off debt ranked slightly ahead of retirement savings, 31 percent vs. 29


While the majority of middle-class Americans in their 40s and 50s are saving for retirement, getting rid of debt is a more pressing concern. Among that group, 33 percent say their top savings priority for 2019 is paying off debt, according to a new report from AARP and the Ad Council. That ranked ahead of building up their retirement fund (21 percent) and an emergency fund (11 percent). Even among just 50-somethings, paying off debt ranked slightly ahead of retirement savings, 31 percent vs. 29
Getting rid of debt is a pressing issue for Gen X and younger boomers Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-11  Authors: sarah obrien, sturti, getty images, thanasis zovoilis, moment
Keywords: news, cnbc, companies, savings, slightly, gen, boomers, pressing, rid, getting, fund, say, retirement, vs, ahead, younger, issue, ranked, debt, paying


Getting rid of debt is a pressing issue for Gen X and younger boomers

While the majority of middle-class Americans in their 40s and 50s are saving for retirement, getting rid of debt is a more pressing concern.

Among that group, 33 percent say their top savings priority for 2019 is paying off debt, according to a new report from AARP and the Ad Council. That ranked ahead of building up their retirement fund (21 percent) and an emergency fund (11 percent).

Even among just 50-somethings, paying off debt ranked slightly ahead of retirement savings, 31 percent vs. 29 percent.


Company: cnbc, Activity: cnbc, Date: 2019-01-11  Authors: sarah obrien, sturti, getty images, thanasis zovoilis, moment
Keywords: news, cnbc, companies, savings, slightly, gen, boomers, pressing, rid, getting, fund, say, retirement, vs, ahead, younger, issue, ranked, debt, paying


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

The government shutdown spotlights a bigger issue: 78% of US workers live paycheck to paycheck

The partial government shutdown, which began Dec. 22, has now stretched well into the new year. The shutdown has left approximately 800,000 federal workers in financial limbo. Nearly 80 percent of American workers (78 percent) say they’re living paycheck to paycheck, according to a 2017 report by employment website CareerBuilder. Women are particularly vulnerable: 81 percent of them report living paycheck to paycheck, compared with 75 percent of men. CareerBuilder reports that nearly 10 percent


The partial government shutdown, which began Dec. 22, has now stretched well into the new year. The shutdown has left approximately 800,000 federal workers in financial limbo. Nearly 80 percent of American workers (78 percent) say they’re living paycheck to paycheck, according to a 2017 report by employment website CareerBuilder. Women are particularly vulnerable: 81 percent of them report living paycheck to paycheck, compared with 75 percent of men. CareerBuilder reports that nearly 10 percent
The government shutdown spotlights a bigger issue: 78% of US workers live paycheck to paycheck Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-09  Authors: emmie martin, justin sullivan, getty images, -tony reardon, president of the national treasury employees union
Keywords: news, cnbc, companies, live, bigger, issue, savings, report, paycheck, nearly, 78, theyre, president, employees, say, spotlights, shutdown, workers


The government shutdown spotlights a bigger issue: 78% of US workers live paycheck to paycheck

The partial government shutdown, which began Dec. 22, has now stretched well into the new year. President Donald Trump said Friday that it would continue for “months or even years” until he receives the requested $5 billion in funding for a border wall.

The shutdown has left approximately 800,000 federal workers in financial limbo. Around 420,000 “essential” employees are working without pay, while another 380,000 have been ordered to stay home, according to calculations provided to CNBC by Paul Light, a professor of public service at New York University.

In some cases, the furloughs have forced government employees to tap into their savings, rely on credit cards or crowdsource funds to make ends meet.

Government workers are far from alone in feeling stressed about not getting paid. Nearly 80 percent of American workers (78 percent) say they’re living paycheck to paycheck, according to a 2017 report by employment website CareerBuilder. Women are particularly vulnerable: 81 percent of them report living paycheck to paycheck, compared with 75 percent of men.

Tony Reardon, president of the National Treasury Employees Union, tells CNBC that the group has heard from hundreds of frantic federal employees. “They’re scared,” he says. “They don’t know how they’re going to put food on the table.”

Various #ShutdownStories making that point have gone viral on Twitter.

It’s not merely those earning low wages who are struggling. CareerBuilder reports that nearly 10 percent of Americans with salaries of $100,000 or more live paycheck to paycheck as well.

That means that many workers aren’t able to put anything significant into savings. More than 50 percent of respondents say that they save less than $100 per month. And a comparable 2017 survey from GOBankingRates found that 61 percent of Americans don’t have enough money in an emergency fund to cover six months’ worth of expenses.


Company: cnbc, Activity: cnbc, Date: 2019-01-09  Authors: emmie martin, justin sullivan, getty images, -tony reardon, president of the national treasury employees union
Keywords: news, cnbc, companies, live, bigger, issue, savings, report, paycheck, nearly, 78, theyre, president, employees, say, spotlights, shutdown, workers


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Strong demand for Philippine global bond issue signals confidence, says national treasurer

The offering, also 2019’s first for an emerging market, attracted $4 billion in demand and signals investor confidence in the Southeast Asian economy, National Treasurer Rosalia de Leon told Reuters. The bonds, launched on Monday, carry a coupon of 3.75 percent and were priced at spread of US Treasurys plus 110 basis points, below guidance of plus 130 basis points amid strong demand, she said. The issue “demonstrates strong conviction from the global investor community” on the Philippines’ econo


The offering, also 2019’s first for an emerging market, attracted $4 billion in demand and signals investor confidence in the Southeast Asian economy, National Treasurer Rosalia de Leon told Reuters. The bonds, launched on Monday, carry a coupon of 3.75 percent and were priced at spread of US Treasurys plus 110 basis points, below guidance of plus 130 basis points amid strong demand, she said. The issue “demonstrates strong conviction from the global investor community” on the Philippines’ econo
Strong demand for Philippine global bond issue signals confidence, says national treasurer Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-08  Authors: nicky loh, bloomberg, getty images
Keywords: news, cnbc, companies, strong, confidence, investor, raising, issue, signals, treasurer, points, plus, bond, standard, national, market, global, demand, philippines


Strong demand for Philippine global bond issue signals confidence, says national treasurer

The Philippine government became the first in Asia to tap the global debt market in the new year, raising $1.5 billion in 10-year U.S. dollar bonds to help fund its 2019 spending plan.

The offering, also 2019’s first for an emerging market, attracted $4 billion in demand and signals investor confidence in the Southeast Asian economy, National Treasurer Rosalia de Leon told Reuters.

The bonds, launched on Monday, carry a coupon of 3.75 percent and were priced at spread of US Treasurys plus 110 basis points, below guidance of plus 130 basis points amid strong demand, she said.

The issue “demonstrates strong conviction from the global investor community” on the Philippines’ economic fundamentals and the depth of the country’s investor outreach, de Leon said in a statement.

Global investors across Asia, the United States and Europe took part in the bond issue, which was rated ‘Baa2’ by Moody’s and ‘BBB’ by both Standard & Poor’s and Fitch Ratings.

Bank of China, JP Morgan and Standard Chartered Bank acted as joint global coordinators for the transaction, while Citigroup, Credit Suisse, Goldman Sachs and UBS were joint bookrunners.

The Philippines, one of Asia’s most active sovereign bond issuers, is raising funds to support the budget as President Rodrigo Duterte’s administration boosts infrastructure spending.

Manila’s borrowing plan includes samurai and panda bond offerings this year or in 2020. It is also exploring a first sterling bond sale.


Company: cnbc, Activity: cnbc, Date: 2019-01-08  Authors: nicky loh, bloomberg, getty images
Keywords: news, cnbc, companies, strong, confidence, investor, raising, issue, signals, treasurer, points, plus, bond, standard, national, market, global, demand, philippines


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Analysis of US politicians’ speeches on immigration issue

Analysis of US politicians’ speeches on immigration issue9 Hours AgoCharles Lipson of the University of Chicago is not “hopeful” for a resolution to border wall issue.


Analysis of US politicians’ speeches on immigration issue9 Hours AgoCharles Lipson of the University of Chicago is not “hopeful” for a resolution to border wall issue.
Analysis of US politicians’ speeches on immigration issue Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-08
Keywords: news, cnbc, companies, wall, university, issue, lipson, speeches, immigration, hours, politicians, analysis, resolution, issue9


Analysis of US politicians' speeches on immigration issue

Analysis of US politicians’ speeches on immigration issue

9 Hours Ago

Charles Lipson of the University of Chicago is not “hopeful” for a resolution to border wall issue.


Company: cnbc, Activity: cnbc, Date: 2019-01-08
Keywords: news, cnbc, companies, wall, university, issue, lipson, speeches, immigration, hours, politicians, analysis, resolution, issue9


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Trump rages about impeachment talk as Democratic leaders play down the issue

President Donald Trump on Friday wasted no time framing newly empowered Democrats as being committed to his impeachment. Democratic leaders, including Senate Minority Leader Chuck Schumer and House Speaker Nancy Pelosi, have appeared reluctant to discuss whether they would attempt to impeach Trump now that their party just took charge of the House. But try as they might to play down the issue, some Democratic lawmakers started beating the drum for Trump’s impeachment directly after being sworn i


President Donald Trump on Friday wasted no time framing newly empowered Democrats as being committed to his impeachment. Democratic leaders, including Senate Minority Leader Chuck Schumer and House Speaker Nancy Pelosi, have appeared reluctant to discuss whether they would attempt to impeach Trump now that their party just took charge of the House. But try as they might to play down the issue, some Democratic lawmakers started beating the drum for Trump’s impeachment directly after being sworn i
Trump rages about impeachment talk as Democratic leaders play down the issue Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-04  Authors: kevin breuninger, jim young
Keywords: news, cnbc, companies, leaders, issue, president, facts, democrats, house, democratic, trumps, tlaib, rages, impeach, washington, trump, play, talk, impeachment


Trump rages about impeachment talk as Democratic leaders play down the issue

President Donald Trump on Friday wasted no time framing newly empowered Democrats as being committed to his impeachment.

Democratic leaders, including Senate Minority Leader Chuck Schumer and House Speaker Nancy Pelosi, have appeared reluctant to discuss whether they would attempt to impeach Trump now that their party just took charge of the House.

But try as they might to play down the issue, some Democratic lawmakers started beating the drum for Trump’s impeachment directly after being sworn in Thursday.

Freshman Michigan Democrat Rashida Tlaib, one of the first two Muslim women to be elected to Congress, provided the most profane pro-impeachment stance yet. “We’re going to impeach the motherf—–,” she told supporters Thursday night.

A video of the comment was posted on social media, raising a publicity storm. Trump jumped on the talk of his own impeachment in a pair of tweets Friday morning. After appearing to blame Democrats for the previous day’s market sell-off, Trump claimed that Democrats “only want to impeach me because they know they can’t win in 2020, too much success!”

Ten minutes later, Trump rhetorically asked how anyone could impeach a president who has “done nothing wrong” and “is the most popular Republican in history.”

Some of Trump’s supporters view the issue as a boon to his 2020 re-election bid, and a fitting strategy for a candidate who has seen great success asserting himself as the most-wanted target of his political enemies.

While running for president in 2016, Trump repeatedly decried the campaign process as being rigged and biased against him in favor of his Washington insider opponent, Hillary Clinton. Even after winning that election, Trump has consistently claimed that he is the victim of disloyal allies in his own administration, a “deep state” Washington bureaucracy fighting his disruptive persona behind the scenes, and a “phony witch hunt” perpetrated by special counsel Robert Mueller through an ongoing investigation of election meddling and possible Russian collusion with Trump associates.

Many prominent Democrats, on the other hand, have taken pains to avoid the subject of impeachment, fearing that such a strategy would backfire and end up increasing support for Trump.

Pelosi, for instance, refused to take the bait when asked in December what “repercussions” Trump ought to face after his ex-personal lawyer Michael Cohen implicated the president in campaign-finance crimes involving hush-money payments to two women during the 2016 campaign.

In an interview with USA Today the day she was elected speaker of the House, Pelosi said “I’m not seeking” grounds for impeaching Trump. But she noted that any impeachment effort would have to be “clearly bipartisan” — setting a sky-high bar to even consider such an action.

Schumer, too, has scrupulously avoided answering calls from Democratic voters to impeach Trump. After Schumer gave a gung-ho response in September to a question about when Trump would be impeached — “the sooner the better,” he said — his spokesman reportedly claimed that the minority leader had misunderstood the question.

Even House Intelligence Committee Chairman Adam Schiff, D-Calif., who has carved out a reputation as one of Trump’s leading critics and most relentless watchdogs in Washington, reportedly said that raising the specter of impeachment only helps Trump “because he knows it energizes his base.”

Rep. Jerry Nadler, D-N.Y., said in a CNN interview Friday morning that “It is too early to talk about” impeaching Trump “intelligently.”

“We have to get the facts and we’ll see where the facts lead. Maybe that will lead to impeachment, maybe it won’t, but it’s much too early and we don’t have all of the facts and must have the facts,” said Nadler, the new chairman of the House Judiciary Committee, which plays a crucial role in impeachment proceedings.

Nadler and other Democrats have sought other means of combating Trump short of jumping to impeachment out of the gate. Those efforts are expected to include re-opening investigations related to the president, seeking Trump’s tax returns and protecting the Mueller probe, which Trump has taken aim at in the past.

But other Democrats, including Tlaib and other members of the newly strengthened contingent of ultra liberals, have been much more cavalier.

Tlaib did not shy away from her remarks, which were posted in a video on social media. “Congresswoman Tlaib was elected to shake up Washington, not continue the status quo. Donald Trump is completely unfit to serve as President,” Tlaib’s office said in a statement Friday. “The congresswoman absolutely believes he needs to be impeached.”

The 116th Congress has already seen its first articles of impeachment filed. On Thursday, Rep. Brad Sherman, D-Calif., reintroduced an impeachment resolution against Trump. Multiple Democrats including Sherman had filed articles of impeachment in 2017.

Flanked by progressives’ open advocacy for impeachment on the left and the president’s condemnation on the right, it may soon prove impossible for Democratic leadership to keep mum on the topic.

Pelosi’s next move may be to kick the issue back to Republicans on the hill when asked about impeachment.

“What’s shocking is that the Republicans in the Congress of the United States will not hold him accountable,” Pelosi said at an MSNBC town hall event Friday.

— CNBC’s Tucker Higgins and Jacob Pramuk contributed to this report.


Company: cnbc, Activity: cnbc, Date: 2019-01-04  Authors: kevin breuninger, jim young
Keywords: news, cnbc, companies, leaders, issue, president, facts, democrats, house, democratic, trumps, tlaib, rages, impeach, washington, trump, play, talk, impeachment


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

‘Core demands’ from the US are hard for China to agree to: Investor

‘Core demands’ from the US are hard for China to agree to: Investor13 Hours AgoFrank Tsui of Value Partners says the U.S.-China trade was is “possibly hurting” both countries, and he expects “prolonged negotiations” between the Washington and Beijing on this issue.


‘Core demands’ from the US are hard for China to agree to: Investor13 Hours AgoFrank Tsui of Value Partners says the U.S.-China trade was is “possibly hurting” both countries, and he expects “prolonged negotiations” between the Washington and Beijing on this issue.
‘Core demands’ from the US are hard for China to agree to: Investor Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-25
Keywords: news, cnbc, companies, value, investor, possibly, prolonged, china, negotiations, demands, hard, core, issue, uschina, trade, tsui, agree, partners, washington


'Core demands' from the US are hard for China to agree to: Investor

‘Core demands’ from the US are hard for China to agree to: Investor

13 Hours Ago

Frank Tsui of Value Partners says the U.S.-China trade was is “possibly hurting” both countries, and he expects “prolonged negotiations” between the Washington and Beijing on this issue.


Company: cnbc, Activity: cnbc, Date: 2018-11-25
Keywords: news, cnbc, companies, value, investor, possibly, prolonged, china, negotiations, demands, hard, core, issue, uschina, trade, tsui, agree, partners, washington


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Airbnb pulls Israeli West Bank settlement listings from its platform

Airbnb said it will remove property listings in Israeli West Bank settlements from its platform. The settlements in the West Bank are considered illegal by most world powers, although Israel disputes this. According to Airbnb, there are around 200 properties in the occupied West Bank listed on its platform. After a considerable evaluation process, the firm made the decision to remove those listings. There are many strong views as it relates to lands that have been the subject of historic and int


Airbnb said it will remove property listings in Israeli West Bank settlements from its platform. The settlements in the West Bank are considered illegal by most world powers, although Israel disputes this. According to Airbnb, there are around 200 properties in the occupied West Bank listed on its platform. After a considerable evaluation process, the firm made the decision to remove those listings. There are many strong views as it relates to lands that have been the subject of historic and int
Airbnb pulls Israeli West Bank settlement listings from its platform Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-20  Authors: chloe taylor, guillaume payen, sopa images, lightrocket, getty images
Keywords: news, cnbc, companies, views, remove, israeli, decision, platform, bank, issue, pulls, palestinians, historic, listings, airbnb, settlements, west, settlement


Airbnb pulls Israeli West Bank settlement listings from its platform

Airbnb said it will remove property listings in Israeli West Bank settlements from its platform.

Announcing the decision Monday, the company said it had “wrestled with the issue and … struggled to come up with the right approach.”

“In the past, we made clear that we would operate in this area as allowed by law,” Airbnb said in a statement. “We did this because we believe that people-to-people travel has considerable value and we want to help bring people together in as many places as possible around the world.”

The settlements in the West Bank are considered illegal by most world powers, although Israel disputes this. Palestinians see the settlements as obstacles to their goal of establishing an independent state.

According to Airbnb, there are around 200 properties in the occupied West Bank listed on its platform. After a considerable evaluation process, the firm made the decision to remove those listings.

“We know that people will disagree with this decision and appreciate their perspective,” Airbnb said. “This is a controversial issue. There are many strong views as it relates to lands that have been the subject of historic and intense disputes between Israelis and Palestinians in the West Bank.

“Airbnb has deep respect for those views. Our hope is that someday sooner rather than later, a framework is put in place where the entire global community is aligned so there will be a resolution to this historic conflict and a clear path forward for everybody to follow.”


Company: cnbc, Activity: cnbc, Date: 2018-11-20  Authors: chloe taylor, guillaume payen, sopa images, lightrocket, getty images
Keywords: news, cnbc, companies, views, remove, israeli, decision, platform, bank, issue, pulls, palestinians, historic, listings, airbnb, settlements, west, settlement


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

We shouldn’t expect the trade war to end: ANZ

We shouldn’t expect the trade war to end: ANZ15 Hours AgoRichard Yetsenga of ANZ says he can’t see the U.S.-China trade war issue “disappearing,” but it is not going to bring the economic cycle to an end.


We shouldn’t expect the trade war to end: ANZ15 Hours AgoRichard Yetsenga of ANZ says he can’t see the U.S.-China trade war issue “disappearing,” but it is not going to bring the economic cycle to an end.
We shouldn’t expect the trade war to end: ANZ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-19
Keywords: news, cnbc, companies, war, expect, going, hours, uschina, end, trade, yetsenga, anz, shouldnt, issue


We shouldn't expect the trade war to end: ANZ

We shouldn’t expect the trade war to end: ANZ

15 Hours Ago

Richard Yetsenga of ANZ says he can’t see the U.S.-China trade war issue “disappearing,” but it is not going to bring the economic cycle to an end.


Company: cnbc, Activity: cnbc, Date: 2018-11-19
Keywords: news, cnbc, companies, war, expect, going, hours, uschina, end, trade, yetsenga, anz, shouldnt, issue


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post

Sustainability entrepreneur helps Asia business combat climate change

When Stephanie Dickson landed her dream job straight out of college, she thought she had it made. But then one day the veil fell, and Dickson realized the job she had dreamed of was not what it seemed. “I got my dream job,” Dickson told CNBC Make It. In fact, alongside commonly cited culprits like the energy, transport and agriculture sectors, the fashion industry is today considered one of the world’s largest polluters. “I felt completely blindsided,” said Dickson, whose disillusionment led her


When Stephanie Dickson landed her dream job straight out of college, she thought she had it made. But then one day the veil fell, and Dickson realized the job she had dreamed of was not what it seemed. “I got my dream job,” Dickson told CNBC Make It. In fact, alongside commonly cited culprits like the energy, transport and agriculture sectors, the fashion industry is today considered one of the world’s largest polluters. “I felt completely blindsided,” said Dickson, whose disillusionment led her
Sustainability entrepreneur helps Asia business combat climate change Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-11-08  Authors: karen gilchrist, green is the new black asia, green is the new black
Keywords: news, cnbc, companies, climate, job, working, dickson, combat, asia, entrepreneur, sustainability, change, issue, work, industry, fashion, dream, helps, business, worlds, watching


Sustainability entrepreneur helps Asia business combat climate change

When Stephanie Dickson landed her dream job straight out of college, she thought she had it made.

She had fantasized her whole life about working in fashion and, suddenly, she had a job that allowed her to do that, organizing some of the industry’s biggest events across Asia.

But then one day the veil fell, and Dickson realized the job she had dreamed of was not what it seemed.

“I got my dream job,” Dickson told CNBC Make It. “But about three and a half years in, I just became really disconnected with the work I was doing.”

It was then 2015, and climate change was gaining increasing attention on the international stage. To Dickson’s surprise, she found there was one industry lurking at the center of the issue: Her own.

In fact, alongside commonly cited culprits like the energy, transport and agriculture sectors, the fashion industry is today considered one of the world’s largest polluters.

“I felt completely blindsided,” said Dickson, whose disillusionment led her to start watching documentaries and reading up on the issue. “I’d been working in this industry and I had no idea what actually was going on.”


Company: cnbc, Activity: cnbc, Date: 2018-11-08  Authors: karen gilchrist, green is the new black asia, green is the new black
Keywords: news, cnbc, companies, climate, job, working, dickson, combat, asia, entrepreneur, sustainability, change, issue, work, industry, fashion, dream, helps, business, worlds, watching


Home Forums

    • Forum
    • Topics
    • Posts
    • Last Post