MLS enters final talks to award Charlotte its 30th franchise; stadium issues remain

“We’ve got great confidence that it’ll be a great city,” Garber said. Tepper’s group, which includes Panthers team president Tom Glick, did not receive the final approval they need to ensure “MLS-ready” improvements to the stadium, Garber said. MLS doesn’t expect to draw as many fans consistently to the stadium and doesn’t want extra seats showing during broadcasts. Though the MLS approved final negotiations with Tepper’s group, Garber said the league would keep an open dialogue with Las Vegas a


“We’ve got great confidence that it’ll be a great city,” Garber said.
Tepper’s group, which includes Panthers team president Tom Glick, did not receive the final approval they need to ensure “MLS-ready” improvements to the stadium, Garber said.
MLS doesn’t expect to draw as many fans consistently to the stadium and doesn’t want extra seats showing during broadcasts.
Though the MLS approved final negotiations with Tepper’s group, Garber said the league would keep an open dialogue with Las Vegas a
MLS enters final talks to award Charlotte its 30th franchise; stadium issues remain Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-06  Authors: jabari young
Keywords: news, cnbc, companies, enters, franchise, award, city, stadium, final, league, group, tepper, mls, talks, teppers, garber, issues, charlotte, receive, remain


MLS enters final talks to award Charlotte its 30th franchise; stadium issues remain

CHARLOTTE, NORTH CAROLINA – DECEMBER 01: Carolina Panthers owner David Tepper looks on before their game against the Washington Redskins at Bank of America Stadium on December 01, 2019 in Charlotte, North Carolina.

Major League Soccer is in the final stages of adding Charlotte as the next destination to receive a franchise, Commissioner Don Garber said at the league’s board of governor’s meeting in New York on Thursday.

Billionaire hedge fund manager David Tepper, who also owns the Carolina Panthers, led the presentation in front MLS officials, including deputy commissioner Mark Abbott, one of the key figures on the league’s expansion committee. Garber said board members were impressed by Tepper and are authorizing the committee to finalize negotiations.

“We’ve got great confidence that it’ll be a great city,” Garber said. “When David came in, there was a great level of support for his presentation, and for everything he hopes to achieve there.

“I think our board really appreciated all the detail they provided,” Garber added.

Tepper, who paid $2.2 billion to purchase the Panthers in 2018, is expected to pay an entry fee that could exceed $300 million to land a club in Charlotte.

One holdup to make the move official is Bank of America Stadium. Tepper’s group, which includes Panthers team president Tom Glick, did not receive the final approval they need to ensure “MLS-ready” improvements to the stadium, Garber said.

According to the Charlotte Business Journal, Tepper’s group will also need to receive approval from city officials for $100 million in taxpayer revenue that will fund changes to the stadium.

One of the issues that need to be addressed at the 75,000-plus seat football stadium is figuring out how to conceal seats, especially near the top of the facility. MLS doesn’t expect to draw as many fans consistently to the stadium and doesn’t want extra seats showing during broadcasts.

“We’ve got to get the stadium right,” Garber said.

Speaking to Charlotte-based NBC affiliate WCNC-TV, Glick, who assisted in starting the MLS’ 20th team NYCFC, said he feels “optimistic” a deal will be reached with city officials leading to final approval by the league.

“We’re working tirelessly to try to make this happen,” Glick told the station.

Added Garber: “We’ve got confidence in David Tepper and his management group and confidence in the city leaders that they’ll continue to want to support the efforts to bring Major League Soccer to Charlotte.”

Though the MLS approved final negotiations with Tepper’s group, Garber said the league would keep an open dialogue with Las Vegas and Phoenix officials, who were also in the running to receive a franchise.

Garber said the goal is to “finalize something by the end of the year,” with Tepper’s group, but cautioned it could be delayed well into 2020. Once approval is granted, Charlotte will become the fourth city rewarded an MLS club over the last year, joining St. Louis, Austin, and Sacramento.

Entering its 25th season, the MLS will also see two new clubs (Nashville SC and Inter Miami CF) make their debuts in 2020. The league hopes to have a Charlotte club in place by the 2021 season.

“We believe it’s a growing city on the rise,” Garber said, “and one that has got so much opportunity for us to be able to continue to expand our league.”


Company: cnbc, Activity: cnbc, Date: 2019-12-06  Authors: jabari young
Keywords: news, cnbc, companies, enters, franchise, award, city, stadium, final, league, group, tepper, mls, talks, teppers, garber, issues, charlotte, receive, remain


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Yale’s Sonnenfeld blasts Tesla, Facebook and Twitter boards for their ‘fear of founder issues’

Elon Musk’s actions that landed him in a courtroom Tuesday are another example of how tech companies are increasingly having trouble controlling their founders, management expert Jeffrey Sonnenfeld told CNBC. “We have boards that seem unable to direct genius founders,” Sonnenfeld said on “Squawk Box.” Sonnenfeld, a senior associate dean at the Yale School of Management, spoke ahead of the Tesla CEO’s court appearance. The defamation case, Sonnenfeld said, shows “another one of these boards that


Elon Musk’s actions that landed him in a courtroom Tuesday are another example of how tech companies are increasingly having trouble controlling their founders, management expert Jeffrey Sonnenfeld told CNBC.
“We have boards that seem unable to direct genius founders,” Sonnenfeld said on “Squawk Box.”
Sonnenfeld, a senior associate dean at the Yale School of Management, spoke ahead of the Tesla CEO’s court appearance.
The defamation case, Sonnenfeld said, shows “another one of these boards that
Yale’s Sonnenfeld blasts Tesla, Facebook and Twitter boards for their ‘fear of founder issues’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-03  Authors: jessica bursztynsky
Keywords: news, cnbc, companies, court, boards, founder, facebook, yales, increasingly, fear, musk, distract, management, sonnenfeld, issues, blasts, founders, tesla, twitter


Yale's Sonnenfeld blasts Tesla, Facebook and Twitter boards for their 'fear of founder issues'

Elon Musk’s actions that landed him in a courtroom Tuesday are another example of how tech companies are increasingly having trouble controlling their founders, management expert Jeffrey Sonnenfeld told CNBC.

“We have boards that seem unable to direct genius founders,” Sonnenfeld said on “Squawk Box.” “That’s the significance, how does a board reign in these Twitter tantrums?”

Sonnenfeld, a senior associate dean at the Yale School of Management, spoke ahead of the Tesla CEO’s court appearance. Musk is set to address his tweets, from over a year ago, in which he allegedly labeled a British diver a pedophile.

The defamation case, Sonnenfeld said, shows “another one of these boards that has a fear of founder issue.”

It’s increasingly an issue in Silicon Valley, he added, pointing to Facebook’s Mark Zuckerberg, who has testified on Capitol Hill about privacy scandals, ousted WeWork CEO Adam Neumann and Twitter’s and Square’s Jack Dorsey, who said he’s moving to Africa for six months.

Spokespeople for Tesla, Facebook and Twitter were not immediately available to respond to requests for comment.

Sonnenfeld has been critical of the Tesla CEO in the past. In July, he said Musk was using “diversionary moves” to distract investors from Tesla disappointments.

Musk often points to new product ventures — such as autonomous taxis or submarines — to keep attention away from Tesla’s “demand saga, departure issues” and “debt issues,” said Sonnenfeld at the time.

However, on Tuesday, he said the court case was distracting from the company’s newly-announced Cybertruck, its first electric pickup. “Why distract with this kind of nonsense he gets into?”


Company: cnbc, Activity: cnbc, Date: 2019-12-03  Authors: jessica bursztynsky
Keywords: news, cnbc, companies, court, boards, founder, facebook, yales, increasingly, fear, musk, distract, management, sonnenfeld, issues, blasts, founders, tesla, twitter


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‘Sometimes allies don’t agree on all issues,’ NATO’s secretary general says

LONDON — With a very public spat taking place between NATO members France and Turkey just ahead of the latest meeting of the military alliance in London, Secretary General Jens Stoltenberg told CNBC that it’s normal for allies to disagree. “Sometimes NATO allies don’t agree on all issues,” he said, speaking to CNBC’s Hadley Gamble the day before the NATO summit begins at a location just outside London. Turkish President Recep Tayyip Erdogan responded by saying Macron should check whether he hims


LONDON — With a very public spat taking place between NATO members France and Turkey just ahead of the latest meeting of the military alliance in London, Secretary General Jens Stoltenberg told CNBC that it’s normal for allies to disagree.
“Sometimes NATO allies don’t agree on all issues,” he said, speaking to CNBC’s Hadley Gamble the day before the NATO summit begins at a location just outside London.
Turkish President Recep Tayyip Erdogan responded by saying Macron should check whether he hims
‘Sometimes allies don’t agree on all issues,’ NATO’s secretary general says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: holly ellyatt
Keywords: news, cnbc, companies, different, dont, issues, london, allies, brain, weve, turkey, natos, nato, president, military, general, secretary, macron, agree


'Sometimes allies don't agree on all issues,' NATO's secretary general says

LONDON — With a very public spat taking place between NATO members France and Turkey just ahead of the latest meeting of the military alliance in London, Secretary General Jens Stoltenberg told CNBC that it’s normal for allies to disagree.

“Sometimes NATO allies don’t agree on all issues,” he said, speaking to CNBC’s Hadley Gamble the day before the NATO summit begins at a location just outside London.

“At the same time the strength of NATO is that despite the differences we have seen throughout our history, we’ve always been able to agree around our core task to protect and defend each other.”

French President Emmanuel Macron drew a sharp rebuke from NATO-ally Turkey after he said three weeks ago that the 70-year old military alliance of 29 countries was experiencing “brain death.”

Turkish President Recep Tayyip Erdogan responded by saying Macron should check whether he himself was “brain dead.”

“I’m addressing Mr Macron from Turkey and I will say it at NATO: You should check whether you are brain dead first,” Erdogan said on Friday, Reuters reported.

Stoltenberg said the different perspectives on NATO’s existence “reflect the fact that we are 29 allies with different political leaders from both sides of the Atlantic with different history and geography.”

“The reality is that we do more together now than we’ve done in many years,” he added.


Company: cnbc, Activity: cnbc, Date: 2019-12-02  Authors: holly ellyatt
Keywords: news, cnbc, companies, different, dont, issues, london, allies, brain, weve, turkey, natos, nato, president, military, general, secretary, macron, agree


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Brexit and Jeremy Corbyn big issues in UK election, former trade minister says


Brexit and Jeremy Corbyn big issues in UK election, former trade minister says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-02
Keywords: news, cnbc, companies, issues, election, corbyn, minister, brexit, big, jeremy, trade


Brexit and Jeremy Corbyn big issues in UK election, former trade minister says


Company: cnbc, Activity: cnbc, Date: 2019-12-02
Keywords: news, cnbc, companies, issues, election, corbyn, minister, brexit, big, jeremy, trade


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Facebook issues corrective label on user’s post under new Singapore fake news law

Facebook said on Saturday it had issued a correction notice on a user’s post at the request of the Singapore government, but called for a measured approach to the implementation of a new “fake news” law in the city-state. “Facebook is legally required to tell you that the Singapore government says this post has false information,” said the notice, which is visible only to Singapore users. The correction label was embedded at the bottom of the original post without any alterations to the text. Th


Facebook said on Saturday it had issued a correction notice on a user’s post at the request of the Singapore government, but called for a measured approach to the implementation of a new “fake news” law in the city-state.
“Facebook is legally required to tell you that the Singapore government says this post has false information,” said the notice, which is visible only to Singapore users.
The correction label was embedded at the bottom of the original post without any alterations to the text.
Th
Facebook issues corrective label on user’s post under new Singapore fake news law Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-30
Keywords: news, cnbc, companies, law, users, issues, label, singapore, notice, tan, facebook, fake, required, corrective, false, post, correction


Facebook issues corrective label on user's post under new Singapore fake news law

Facebook said on Saturday it had issued a correction notice on a user’s post at the request of the Singapore government, but called for a measured approach to the implementation of a new “fake news” law in the city-state.

“Facebook is legally required to tell you that the Singapore government says this post has false information,” said the notice, which is visible only to Singapore users.

The correction label was embedded at the bottom of the original post without any alterations to the text.

The Singapore government said on Friday it had instructed Facebook “to publish a correction notice” on a Nov. 23 post which contained accusations about the arrest of a supposed whistleblower and election rigging.

Singapore, which is expected to call a general elections within months, said the allegations were “false” and “scurrilous” and initially ordered user Alex Tan, who runs the States Times Review blog, to issue the correction notice on the post.

Tan, who does not live in Singapore and says he is an Australian citizen, refused and authorities said he is now under investigation. Reuters could not immediately reach Tan for comment.

“As required by Singapore law, Facebook applied a label to these posts, which were determined by the Singapore government to contain false information,” a spokesman for Facebook said in an emailed statement.


Company: cnbc, Activity: cnbc, Date: 2019-11-30
Keywords: news, cnbc, companies, law, users, issues, label, singapore, notice, tan, facebook, fake, required, corrective, false, post, correction


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US futures point to higher open

U.S. stock index futures were slightly higher Tuesday morning. ET, Dow futures rose 20 points, indicating a positive open of more than 14 points. Futures on the S&P and Nasdaq were both seen marginally higher. On the data front, advanced economic indicators for October and the Philadelphia Fed non-manufacturing index for November will be released at 8:30 a.m. The latest monthly Richmond Fed survey and Dallas Fed services data will be published at around 10:00 a.m.


U.S. stock index futures were slightly higher Tuesday morning.
ET, Dow futures rose 20 points, indicating a positive open of more than 14 points.
Futures on the S&P and Nasdaq were both seen marginally higher.
On the data front, advanced economic indicators for October and the Philadelphia Fed non-manufacturing index for November will be released at 8:30 a.m.
The latest monthly Richmond Fed survey and Dallas Fed services data will be published at around 10:00 a.m.
US futures point to higher open Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-26  Authors: silvia amaro
Keywords: news, cnbc, companies, futures, index, slightly, sides, data, fed, open, points, issues, higher, china, point


US futures point to higher open

U.S. stock index futures were slightly higher Tuesday morning.

At around 01:38 a.m. ET, Dow futures rose 20 points, indicating a positive open of more than 14 points. Futures on the S&P and Nasdaq were both seen marginally higher.

Investors continue to closely monitor the long-running dispute between China and the U.S. over trade. China’s ministry of commerce said Monday that the leaders of China and the U.S. spoke over the phone.

“Both sides discussed resolving core issues of common concern, reached consensus on how to resolve related problems (and) agreed to stay in contact over remaining issues for a phase one agreement,” the Chinese-language statement said, according to a CNBC translation.

It is yet unclear if both sides will be reaching a compromise before December 15, when new U.S. tariffs on Chinese goods are set to kick in.

On the data front, advanced economic indicators for October and the Philadelphia Fed non-manufacturing index for November will be released at 8:30 a.m. ET.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index (HPI) for September, new home sales for October and consumer confidence figures for November will follow slightly later in the session.

The latest monthly Richmond Fed survey and Dallas Fed services data will be published at around 10:00 a.m. ET.

In corporate news, Best Buy, Dollar Tree, Autodesk and Dell will be reporting Tuesday.


Company: cnbc, Activity: cnbc, Date: 2019-11-26  Authors: silvia amaro
Keywords: news, cnbc, companies, futures, index, slightly, sides, data, fed, open, points, issues, higher, china, point


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China’s top trade negotiator Liu He talks to Lighthizer, Mnuchin about ‘resolving core issues’

Chinese President Xi Jinping and President Donald Trump at the G-20 Summit in Osaka on June 29, 2019. The leaders of the U.S.-China trade negotiations held another phone call on Tuesday morning, China’s Ministry of Commerce said in an online statement. Liu He, China’s top negotiator on trade, spoke with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, the statement said. Xi also said China holds a “positive attitude” toward the trade talks, the report said. Pres


Chinese President Xi Jinping and President Donald Trump at the G-20 Summit in Osaka on June 29, 2019.
The leaders of the U.S.-China trade negotiations held another phone call on Tuesday morning, China’s Ministry of Commerce said in an online statement.
Liu He, China’s top negotiator on trade, spoke with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, the statement said.
Xi also said China holds a “positive attitude” toward the trade talks, the report said.
Pres
China’s top trade negotiator Liu He talks to Lighthizer, Mnuchin about ‘resolving core issues’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-26  Authors: evelyn cheng
Keywords: news, cnbc, companies, trump, chinese, resolving, lighthizer, talks, according, core, commerce, issues, liu, president, phase, trade, china, negotiator, mnuchin, chinas


China's top trade negotiator Liu He talks to Lighthizer, Mnuchin about 'resolving core issues'

Chinese President Xi Jinping and President Donald Trump at the G-20 Summit in Osaka on June 29, 2019.

The leaders of the U.S.-China trade negotiations held another phone call on Tuesday morning, China’s Ministry of Commerce said in an online statement.

“Both sides discussed resolving core issues of common concern, reached consensus on how to resolve related problems (and) agreed to stay in contact over remaining issues for a phase one agreement,” the Chinese-language statement said, according to a CNBC translation.

Liu He, China’s top negotiator on trade, spoke with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, the statement said.

Also joining the call were Chinese Commerce Minister Zhong Shan, People’s Bank of China Governor Yi Gang and Ning Jizhe, vice chairman of China’s top economic planning body, the National Development and Reform Commission, according to the Commerce Ministry.

Trade tensions between the world’s two largest economies have persisted for more than a year, with both countries applying tariffs to billions of dollars’ worth of goods from the other. Rather than address at once all the points of U.S. complaints — which range from bilateral trade to China’s state-dominated economic structure — both sides are first trying to reach a so-called “phase one” agreement.

China has said any such deal will require a rollback of tariffs, while the U.S. would like to ensure that Beijing will increase its purchases of American agricultural products.

On Friday, Chinese President Xi Jinping told a U.S. business delegation visiting Beijing that China wants “to work for a phase one agreement on the basis of mutual respect and equality,” according to an Associated Press report.

Xi also said China holds a “positive attitude” toward the trade talks, the report said. “When necessary we will fight back but we have been working actively to try not to have a trade war.”

President Donald Trump on Friday said on the television program “Fox and Friends” that a long-negotiated trade deal with China is “potentially very close.”


Company: cnbc, Activity: cnbc, Date: 2019-11-26  Authors: evelyn cheng
Keywords: news, cnbc, companies, trump, chinese, resolving, lighthizer, talks, according, core, commerce, issues, liu, president, phase, trade, china, negotiator, mnuchin, chinas


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A ‘phase two’ US-China deal looks less likely as Washington and Beijing struggle on ‘phase one’

U.S. President Donald Trump and Chinese President Xi Jinping at the G20 Summit in Hamburg, Germany on July 8, 2017. Saul Loeb | AFP | Getty ImagesAn ambitious “phase two” trade deal between the United States and China is looking less likely as the two countries struggle to strike a preliminary “phase one” agreement, according to U.S. and Beijing officials, lawmakers and trade experts. We can wait,” one Chinese official told Reuters. “As soon as we finish phase one we’re going to start negotiatin


U.S. President Donald Trump and Chinese President Xi Jinping at the G20 Summit in Hamburg, Germany on July 8, 2017.
Saul Loeb | AFP | Getty ImagesAn ambitious “phase two” trade deal between the United States and China is looking less likely as the two countries struggle to strike a preliminary “phase one” agreement, according to U.S. and Beijing officials, lawmakers and trade experts.
We can wait,” one Chinese official told Reuters.
“As soon as we finish phase one we’re going to start negotiatin
A ‘phase two’ US-China deal looks less likely as Washington and Beijing struggle on ‘phase one’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-25
Keywords: news, cnbc, companies, united, chinese, trade, official, washington, trump, uschina, struggle, china, phase, beijing, issues, likely, looks, deal


A 'phase two' US-China deal looks less likely as Washington and Beijing struggle on 'phase one'

U.S. President Donald Trump and Chinese President Xi Jinping at the G20 Summit in Hamburg, Germany on July 8, 2017. Saul Loeb | AFP | Getty Images

An ambitious “phase two” trade deal between the United States and China is looking less likely as the two countries struggle to strike a preliminary “phase one” agreement, according to U.S. and Beijing officials, lawmakers and trade experts. In October, U.S. President Donald Trump said during a press conference with Chinese vice premier Liu He that he expected to quickly dive into a second phase of talks once “phase one” had been completed. The second phase would focus on a key U.S. complaint that China effectively steals U.S. intellectual property by forcing U.S. companies to transfer their technology to Chinese rivals, he said at the time. But the November 2020 U.S. presidential election, the difficulties in getting the first-stage done, combined with the White House’s reluctance to work with other countries to pressure Beijing are dimming hopes for anything more ambitious in the near future, the sources said. The 16-month trade war with China has thrown U.S. businesses and farmers into turmoil, disrupted global supply chains and been a drag on economies worldwide. Failure to address a key reason it was started is already raising questions about whether the sacrifice has been worth it. Meanwhile, many of Beijing’s trade practices that many free-market economies see as unfair remain unaddressed.

It’s Trump who wants to sign these deals, not us. We can wait. Chinese official

Reuters reported on Wednesday that the signing of a phase one deal could slide into next year as the two countries tussle over Beijing’s demand for more extensive tariff rollbacks. Officials in Beijing say they don’t anticipate sitting down to discuss a phase two deal before the U.S. election, in part because they want to wait to see if Trump wins a second term. “It’s Trump who wants to sign these deals, not us. We can wait,” one Chinese official told Reuters. Representative Jim Costa, a California Democrat who sits on two key agricultural committees, said in Congress on Wednesday that “pragmatic” Chinese sources had told him the same thing. Trump’s main priority at the moment is to secure a big phase one announcement, locking in big-ticket Chinese purchases of U.S. agricultural goods that he can tout as an important win during his re-election campaign, according to a Trump administration official. After that, China could recede somewhat on Trump’s policy agenda as he turns to domestic issues, the official said, speaking on condition of anonymity. He will probably leave other major contentious issues to senior aides, who are likely to continue pushing Beijing over the theft of U.S. intellectual property, its militarization of the South China Sea and its human rights record, the official said. “As soon as we finish phase one we’re going to start negotiating phase two,” a second administration official said. “As far as timing around when a phase two deal could be completed, that’s not something I can speculate on.”

The hard stuff

The Trump White House initially laid out ambitious plans to restructure the United States’ relationship with China, including addressing what a 2018 United States Trade Representative investigation concluded were Beijing’s “unfair, unreasonable, and market-distorting practices.”

There is broad bipartisan support for Trump’s drive to hold China accountable for years of economic espionage, cyber attacks, forced technology transfer and dumping of low-priced goods made with hefty government subsidies. But many of these critical concerns will not be addressed in the phase one agreement, which focuses on China agricultural product buys, tariff roll backs, and includes some intellectual property pledges. “That’s the easy stuff,” said Costa. The harder issues are “industrial espionage, copyrights, complying with those issues, privacy and security issues.” Further complicating the issue, Trump’s economic advisers are split: some are pushing Trump to agree to a quick phase one deal to appease markets and business executives, others want him to push for a more comprehensive agreement. Beijing officials, meanwhile, are balking at pursuing larger structural changes to managing China’s economy, anxious not to appear to be kowtowing to U.S. interests. Both China and the United States have a clear interest in getting a phase one deal completed relatively soon to soothe markets and assuage domestic policy concerns, said Matthew Goodman, a former U.S. government official and trade expert at the Center for Strategic and International Studies. He sees a good chance that the two sides will hammer out some phase one deal, but is far less convinced that a broader deal can be reached before the election. One key problem, he said, was the continued lack of a coherent U.S. strategy for dealing with China. “I think phase one probably will happen because both presidents want it,” Goodman said at a Congressional briefing last week. But he said China was less willing now to make structural changes that might have been possible in the spring. “They’re not going to do those things,” he said.


Company: cnbc, Activity: cnbc, Date: 2019-11-25
Keywords: news, cnbc, companies, united, chinese, trade, official, washington, trump, uschina, struggle, china, phase, beijing, issues, likely, looks, deal


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Saudi central bank says Aramco IPO not causing liquidity issues for banks

Signage of Saudi Aramco’s initial public offering (IPO) is seen during a news conference by the state oil company at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. Saudi Arabia’s central bank is monitoring banking indicators on a daily basis and is not seeing any impact on liquidity from oil giant Aramco’s initial public offering (IPO), its governor said on Sunday. Saudi Arabian Monetary Authority governor Ahmed al-Kholifey told Reuters on the sidelines of a conference th


Signage of Saudi Aramco’s initial public offering (IPO) is seen during a news conference by the state oil company at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019.
Saudi Arabia’s central bank is monitoring banking indicators on a daily basis and is not seeing any impact on liquidity from oil giant Aramco’s initial public offering (IPO), its governor said on Sunday.
Saudi Arabian Monetary Authority governor Ahmed al-Kholifey told Reuters on the sidelines of a conference th
Saudi central bank says Aramco IPO not causing liquidity issues for banks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-24
Keywords: news, cnbc, companies, aramcos, liquidity, conference, initial, bank, aramco, issues, oil, banks, saudi, central, monitoring, causing, ipo, public, offering


Saudi central bank says Aramco IPO not causing liquidity issues for banks

Signage of Saudi Aramco’s initial public offering (IPO) is seen during a news conference by the state oil company at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019.

Saudi Arabia’s central bank is monitoring banking indicators on a daily basis and is not seeing any impact on liquidity from oil giant Aramco’s initial public offering (IPO), its governor said on Sunday.

Saudi Arabian Monetary Authority governor Ahmed al-Kholifey told Reuters on the sidelines of a conference that he had no concerns about liquidity due to the size of Aramco’s IPO.

“We are monitoring all indicators on a daily basis and if there is any squeeze on liquidity, definitely we’ll be injecting liquidity but so far … everything is assuring,” he said.


Company: cnbc, Activity: cnbc, Date: 2019-11-24
Keywords: news, cnbc, companies, aramcos, liquidity, conference, initial, bank, aramco, issues, oil, banks, saudi, central, monitoring, causing, ipo, public, offering


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Netflix confirms outages amid complaints from users around the world

A button for launching the Netflix application is seen on a remote control in this photo illustration in Warsaw, Poland on April 25, 2019. Netflix appeared to be down for some users across the world Thursday morning. At least a thousand users reported issues loading shows and movies on the platform across the U.S. and Europe, according to DownDetector. Twitter users have reported experiencing the problem across Asia as well. “We are currently experiencing issues streaming on all devices,” reads


A button for launching the Netflix application is seen on a remote control in this photo illustration in Warsaw, Poland on April 25, 2019.
Netflix appeared to be down for some users across the world Thursday morning.
At least a thousand users reported issues loading shows and movies on the platform across the U.S. and Europe, according to DownDetector.
Twitter users have reported experiencing the problem across Asia as well.
“We are currently experiencing issues streaming on all devices,” reads
Netflix confirms outages amid complaints from users around the world Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-21  Authors: william feuer
Keywords: news, cnbc, companies, amid, reported, wellwe, reads, complaints, netflix, world, confirms, users, outages, issues, experiencing, twitter, try, warsaw


Netflix confirms outages amid complaints from users around the world

A button for launching the Netflix application is seen on a remote control in this photo illustration in Warsaw, Poland on April 25, 2019.

Netflix appeared to be down for some users across the world Thursday morning.

At least a thousand users reported issues loading shows and movies on the platform across the U.S. and Europe, according to DownDetector. Twitter users have reported experiencing the problem across Asia as well.

“We are currently experiencing issues streaming on all devices,” reads a statement on Netflix’s help center.

Users hoping to stream content were instead confronted with an error message that reads, “Cannot play title. Please try again later.”

Netflix was not immediately available to comment.


Company: cnbc, Activity: cnbc, Date: 2019-11-21  Authors: william feuer
Keywords: news, cnbc, companies, amid, reported, wellwe, reads, complaints, netflix, world, confirms, users, outages, issues, experiencing, twitter, try, warsaw


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